Shenzhen Envicool Technology Co Ltd (002837) - Net Assets
Based on the latest financial reports, Shenzhen Envicool Technology Co Ltd (002837) has net assets worth CN¥3.48 Billion CNY (≈ $509.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.76 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥4.28 Billion ≈ $625.92 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Shenzhen Envicool Technology Co Ltd (002837) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.48 Billion |
| % of Total Assets | 44.89% |
| Annual Growth Rate | 47.47% |
| 5-Year Change | 87.05% |
| 10-Year Change | 477.04% |
| Growth Volatility | 60.66 |
Shenzhen Envicool Technology Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Shenzhen Envicool Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Envicool Technology Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Envicool Technology Co Ltd (2011–2025)
The table below shows the annual net assets of Shenzhen Envicool Technology Co Ltd from 2011 to 2025. For live valuation and market cap data, see 002837 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.46 Billion ≈ $506.71 Million |
+18.86% |
| 2024-12-31 | CN¥2.91 Billion ≈ $426.31 Million |
+17.38% |
| 2023-12-31 | CN¥2.48 Billion ≈ $363.18 Million |
+17.72% |
| 2022-12-31 | CN¥2.11 Billion ≈ $308.51 Million |
+13.88% |
| 2021-12-31 | CN¥1.85 Billion ≈ $270.90 Million |
+31.84% |
| 2020-12-31 | CN¥1.40 Billion ≈ $205.48 Million |
+12.78% |
| 2019-12-31 | CN¥1.25 Billion ≈ $182.20 Million |
+15.46% |
| 2018-12-31 | CN¥1.08 Billion ≈ $157.80 Million |
+58.94% |
| 2017-12-31 | CN¥678.51 Million ≈ $99.29 Million |
+13.07% |
| 2016-12-31 | CN¥600.09 Million ≈ $87.81 Million |
+176.58% |
| 2015-12-31 | CN¥216.97 Million ≈ $31.75 Million |
+46.91% |
| 2014-12-31 | CN¥147.69 Million ≈ $21.61 Million |
+40.45% |
| 2013-12-31 | CN¥105.15 Million ≈ $15.39 Million |
+145.51% |
| 2012-12-31 | CN¥42.83 Million ≈ $6.27 Million |
+184.81% |
| 2011-12-31 | CN¥15.04 Million ≈ $2.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Envicool Technology Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 45987.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.78 Billion | 51.58% |
| Other Components | CN¥1.67 Billion | 48.42% |
| Total Equity | CN¥3.45 Billion | 100.00% |
Shenzhen Envicool Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Envicool Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Far East Smarter Energy Co Ltd
SHG:600869
|
$10.67 Billion |
|
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648
|
$10.67 Billion |
|
Summit Therapeutics PLC
NASDAQ:SMMT
|
$10.67 Billion |
|
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A
SHG:688469
|
$10.68 Billion |
|
XPENG INC. CL.A DL-00001
F:8XP
|
$10.63 Billion |
|
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
|
$10.63 Billion |
|
United Spirits Limited
NSE:MCDOWELL-N
|
$10.62 Billion |
|
SEI Investments Company
NASDAQ:SEIC
|
$10.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Envicool Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,915,892,117 to 3,445,641,009, a change of 529,748,892 (18.2%).
- Net income of 521,914,773 contributed positively to equity growth.
- Dividend payments of 173,107,897 reduced retained earnings.
- Other comprehensive income decreased equity by 233,776,482.
- Other factors increased equity by 414,718,498.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥521.91 Million | +15.15% |
| Dividends Paid | CN¥173.11 Million | -5.02% |
| Other Comprehensive Income | CN¥-233.78 Million | -6.78% |
| Other Changes | CN¥414.72 Million | +12.04% |
| Total Change | CN¥- | 18.17% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Envicool Technology Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 21.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1697.48x to 21.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.04 | CN¥74.37 | x |
| 2012-12-31 | CN¥0.13 | CN¥74.37 | x |
| 2013-12-31 | CN¥0.33 | CN¥74.37 | x |
| 2014-12-31 | CN¥0.40 | CN¥74.37 | x |
| 2015-12-31 | CN¥0.58 | CN¥74.37 | x |
| 2016-12-31 | CN¥1.61 | CN¥74.37 | x |
| 2017-12-31 | CN¥1.34 | CN¥74.37 | x |
| 2018-12-31 | CN¥2.01 | CN¥74.37 | x |
| 2019-12-31 | CN¥2.30 | CN¥74.37 | x |
| 2020-12-31 | CN¥2.56 | CN¥74.37 | x |
| 2021-12-31 | CN¥3.38 | CN¥74.37 | x |
| 2022-12-31 | CN¥3.75 | CN¥74.37 | x |
| 2023-12-31 | CN¥3.40 | CN¥74.37 | x |
| 2024-12-31 | CN¥3.93 | CN¥74.37 | x |
| 2025-12-31 | CN¥3.53 | CN¥74.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Envicool Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.60%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.25x
- Recent ROE (15.15%) is below the historical average (21.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 31.31% | 9.60% | 1.00x | 3.26x | CN¥3.12 Million |
| 2012 | 62.43% | 18.61% | 1.06x | 3.17x | CN¥22.46 Million |
| 2013 | 31.69% | 15.25% | 0.92x | 2.27x | CN¥22.81 Million |
| 2014 | 28.80% | 15.44% | 0.97x | 1.92x | CN¥27.76 Million |
| 2015 | 31.47% | 16.09% | 1.00x | 1.96x | CN¥46.25 Million |
| 2016 | 12.01% | 13.86% | 0.56x | 1.53x | CN¥12.00 Million |
| 2017 | 12.70% | 10.88% | 0.63x | 1.87x | CN¥18.21 Million |
| 2018 | 10.01% | 10.07% | 0.50x | 1.99x | CN¥87.01K |
| 2019 | 12.87% | 11.97% | 0.57x | 1.89x | CN¥35.72 Million |
| 2020 | 12.94% | 10.67% | 0.59x | 2.07x | CN¥41.28 Million |
| 2021 | 11.04% | 9.20% | 0.64x | 1.86x | CN¥19.35 Million |
| 2022 | 13.24% | 9.59% | 0.72x | 1.92x | CN¥68.56 Million |
| 2023 | 13.84% | 9.75% | 0.69x | 2.05x | CN¥95.40 Million |
| 2024 | 15.52% | 9.86% | 0.76x | 2.06x | CN¥161.08 Million |
| 2025 | 15.15% | 8.60% | 0.78x | 2.25x | CN¥177.35 Million |
Industry Comparison
This section compares Shenzhen Envicool Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Envicool Technology Co Ltd (002837) | CN¥3.48 Billion | 31.31% | 1.23x | $10.64 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Shenzhen Envicool Technology Co Ltd
Shenzhen Envicool Technology Co., Ltd. provides temperature control and energy saving solutions and products in China and internationally. The company offers cool inside full-chain liquid, cool inside immersion, electronics, free, turbo powering heat pipe free, closed-coupled, and precision cooling solutions, as well as CRAC, modular data center, integrated, and micromodule integrated solutions. … Read more