Shenzhen Magic Design & Decoration Engineering Co Ltd
Shenzhen Magic Design & Decoration Engineering Co., Ltd. operates in the architectural decoration industry in China. The company operates as a contractor for building decoration, building curtain wall, building electromechanical, electronics and intelligence, electromechanical equipment installation, fire protection facilities, landscaping, engineering designing, laboratory system, and environmen… Read more
Shenzhen Magic Design & Decoration Engineering Co Ltd (002856) - Net Assets
Latest net assets as of September 2025: CN¥78.43 Million CNY
Based on the latest financial reports, Shenzhen Magic Design & Decoration Engineering Co Ltd (002856) has net assets worth CN¥78.43 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.71 Billion) and total liabilities (CN¥1.63 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥78.43 Million |
| % of Total Assets | 4.59% |
| Annual Growth Rate | 0.76% |
| 5-Year Change | -86.67% |
| 10-Year Change | -62.07% |
| Growth Volatility | 39.45 |
Shenzhen Magic Design & Decoration Engineering Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Magic Design & Decoration Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Magic Design & Decoration Engineering Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Magic Design & Decoration Engineering Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥110.50 Million | -70.58% |
| 2023-12-31 | CN¥375.64 Million | -33.29% |
| 2022-12-31 | CN¥563.07 Million | -15.39% |
| 2021-12-31 | CN¥665.46 Million | -19.74% |
| 2020-12-31 | CN¥829.08 Million | +28.68% |
| 2019-12-31 | CN¥644.27 Million | -2.65% |
| 2018-12-31 | CN¥661.78 Million | +1.39% |
| 2017-12-31 | CN¥652.70 Million | +91.55% |
| 2016-12-31 | CN¥340.75 Million | +16.96% |
| 2015-12-31 | CN¥291.34 Million | +14.50% |
| 2014-12-31 | CN¥254.45 Million | +15.40% |
| 2013-12-31 | CN¥220.48 Million | +53.26% |
| 2012-12-31 | CN¥143.86 Million | +43.74% |
| 2011-12-31 | CN¥100.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Magic Design & Decoration Engineering 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 decreased by 1374.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥135.31 Million | 127.30% |
| Other Comprehensive Income | CN¥43.97 Million | 41.37% |
| Other Components | CN¥447.99 Million | 421.47% |
| Total Equity | CN¥106.29 Million | 100.00% |
Shenzhen Magic Design & Decoration Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Magic Design & Decoration Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZRP Printing Group Co. Ltd.
SHE:301223
|
$141.29 Million |
|
Organogenesis Holdings Inc
NASDAQ:ORGO
|
$141.43 Million |
|
C C Land Holdings Limited
PINK:CCLHF
|
$141.49 Million |
|
Gérard Perrier Industrie S.A
PA:PERR
|
$141.51 Million |
|
Dhani Services Limited
NSE:DHANI
|
$141.20 Million |
|
Ina Invest Holding AG
SW:INA
|
$141.20 Million |
|
TKCCF
PINK:TKCCF
|
$141.16 Million |
|
Electronics Mart India Limited
NSE:EMIL
|
$141.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Magic Design & Decoration Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 355,499,288 to 106,294,465, a change of -249,204,823 (-70.1%).
- Net loss of 257,050,945 reduced equity.
- Dividend payments of 15,991,427 reduced retained earnings.
- Other comprehensive income increased equity by 43,971,143.
- Other factors decreased equity by 20,133,594.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-257.05 Million | -241.83% |
| Dividends Paid | CN¥15.99 Million | -15.04% |
| Other Comprehensive Income | CN¥43.97 Million | +41.37% |
| Other Changes | CN¥-20.13 Million | -18.94% |
| Total Change | CN¥- | -70.10% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Magic Design & Decoration Engineering 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: 17.06x
- 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 increased from 10.33x to 17.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.30 | CN¥13.40 | x |
| 2012-12-31 | CN¥1.87 | CN¥13.40 | x |
| 2013-12-31 | CN¥2.43 | CN¥13.40 | x |
| 2014-12-31 | CN¥2.81 | CN¥13.40 | x |
| 2015-12-31 | CN¥3.17 | CN¥13.40 | x |
| 2016-12-31 | CN¥3.76 | CN¥13.40 | x |
| 2017-12-31 | CN¥5.69 | CN¥13.40 | x |
| 2018-12-31 | CN¥5.49 | CN¥13.40 | x |
| 2019-12-31 | CN¥5.30 | CN¥13.40 | x |
| 2020-12-31 | CN¥6.46 | CN¥13.40 | x |
| 2021-12-31 | CN¥4.92 | CN¥13.40 | x |
| 2022-12-31 | CN¥3.95 | CN¥13.40 | x |
| 2023-12-31 | CN¥2.62 | CN¥13.40 | x |
| 2024-12-31 | CN¥0.79 | CN¥13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Magic Design & Decoration Engineering 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): -241.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.52%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 18.09x
- Recent ROE (-241.83%) is below the historical average (-14.04%), 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 | 32.48% | 4.86% | 1.92x | 3.48x | CN¥22.50 Million |
| 2012 | 33.06% | 4.93% | 1.75x | 3.83x | CN¥33.17 Million |
| 2013 | 21.94% | 4.75% | 1.37x | 3.38x | CN¥26.32 Million |
| 2014 | 15.99% | 4.91% | 0.99x | 3.30x | CN¥15.23 Million |
| 2015 | 16.01% | 4.39% | 0.94x | 3.87x | CN¥17.52 Million |
| 2016 | 15.29% | 5.49% | 0.87x | 3.21x | CN¥18.04 Million |
| 2017 | 6.50% | 4.50% | 0.67x | 2.15x | CN¥-22.81 Million |
| 2018 | 4.01% | 2.77% | 0.66x | 2.19x | CN¥-39.66 Million |
| 2019 | -2.77% | -1.96% | 0.59x | 2.39x | CN¥-82.26 Million |
| 2020 | 1.86% | 1.23% | 0.70x | 2.15x | CN¥-67.50 Million |
| 2021 | -24.22% | -27.41% | 0.37x | 2.41x | CN¥-227.70 Million |
| 2022 | -26.09% | -8.36% | 0.74x | 4.21x | CN¥-192.81 Million |
| 2023 | -48.81% | -19.76% | 0.40x | 6.10x | CN¥-209.06 Million |
| 2024 | -241.83% | -36.52% | 0.37x | 18.09x | CN¥-267.68 Million |
Industry Comparison
This section compares Shenzhen Magic Design & Decoration Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Magic Design & Decoration Engineering Co Ltd (002856) | CN¥78.43 Million | 32.48% | 20.77x | $141.27 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |