Shenzhen JingQuanHua Electronics Co Ltd
ShenzhenJingQuanHua Electronics Co.,Ltd. designs, manufactures, and sells electronic components, power supplies, and specialized transformers worldwide. The company provides inverters, high-frequency inductors, special reactors, three-phase transformers, metering transformers, common-mode inductors, and chip transformers; and magnetic device products, such as high-frequency transformers, inductor… Read more
Shenzhen JingQuanHua Electronics Co Ltd (002885) - Net Assets
Latest net assets as of September 2025: CN¥1.50 Billion CNY
Based on the latest financial reports, Shenzhen JingQuanHua Electronics Co Ltd (002885) has net assets worth CN¥1.50 Billion 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¥3.44 Billion) and total liabilities (CN¥1.94 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¥1.50 Billion |
| % of Total Assets | 43.68% |
| Annual Growth Rate | 18.1% |
| 5-Year Change | 77.61% |
| 10-Year Change | 385.27% |
| Growth Volatility | 25.55 |
Shenzhen JingQuanHua Electronics Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen JingQuanHua Electronics 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 JingQuanHua Electronics Co Ltd (2013–2024)
The table below shows the annual net assets of Shenzhen JingQuanHua Electronics Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.42 Billion | +1.36% |
| 2023-12-31 | CN¥1.40 Billion | +49.07% |
| 2022-12-31 | CN¥941.51 Million | +16.32% |
| 2021-12-31 | CN¥809.42 Million | +1.06% |
| 2020-12-31 | CN¥800.94 Million | +2.67% |
| 2019-12-31 | CN¥780.08 Million | +5.71% |
| 2018-12-31 | CN¥737.97 Million | +11.48% |
| 2017-12-31 | CN¥661.99 Million | +90.20% |
| 2016-12-31 | CN¥348.04 Million | +18.73% |
| 2015-12-31 | CN¥293.14 Million | +16.57% |
| 2014-12-31 | CN¥251.48 Million | +10.20% |
| 2013-12-31 | CN¥228.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen JingQuanHua Electronics 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 745.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥520.55 Million | 37.12% |
| Common Stock | CN¥271.91 Million | 19.39% |
| Other Comprehensive Income | CN¥63.13 Million | 4.50% |
| Other Components | CN¥546.67 Million | 38.98% |
| Total Equity | CN¥1.40 Billion | 100.00% |
Shenzhen JingQuanHua Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen JingQuanHua Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Rongji Software Co Ltd
SHE:002474
|
$546.02 Million |
|
Argan SA
PA:ARG
|
$546.12 Million |
|
Minerals 260 Ltd
AU:MI6
|
$546.20 Million |
|
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
|
$546.22 Million |
|
Mainstreet Equity Corp
PINK:MEQYF
|
$545.85 Million |
|
Nanosonics Ltd
AU:NAN
|
$545.85 Million |
|
Shenzhen Consys Science & Technology Co. Ltd. A
SHG:688788
|
$545.81 Million |
|
San Bian Science & Technology Co Ltd
SHE:002112
|
$545.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen JingQuanHua Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,407,002,213 to 1,402,256,647, a change of -4,745,566 (-0.3%).
- Net income of 38,218,818 contributed positively to equity growth.
- Dividend payments of 10,646,196 reduced retained earnings.
- Share repurchases of 39,649,474 reduced equity.
- Other comprehensive income increased equity by 61,123,370.
- Other factors decreased equity by 53,792,084.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.22 Million | +2.73% |
| Dividends Paid | CN¥10.65 Million | -0.76% |
| Share Repurchases | CN¥39.65 Million | -2.83% |
| Other Comprehensive Income | CN¥61.12 Million | +4.36% |
| Other Changes | CN¥-53.79 Million | -3.84% |
| Total Change | CN¥- | -0.34% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen JingQuanHua Electronics 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: 5.28x
- 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 23.21x to 5.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.17 | CN¥27.16 | x |
| 2014-12-31 | CN¥1.34 | CN¥27.16 | x |
| 2015-12-31 | CN¥1.54 | CN¥27.16 | x |
| 2016-12-31 | CN¥1.84 | CN¥27.16 | x |
| 2017-12-31 | CN¥4.50 | CN¥27.16 | x |
| 2018-12-31 | CN¥4.24 | CN¥27.16 | x |
| 2019-12-31 | CN¥3.10 | CN¥27.16 | x |
| 2020-12-31 | CN¥3.18 | CN¥27.16 | x |
| 2021-12-31 | CN¥3.23 | CN¥27.16 | x |
| 2022-12-31 | CN¥3.76 | CN¥27.16 | x |
| 2023-12-31 | CN¥5.23 | CN¥27.16 | x |
| 2024-12-31 | CN¥5.15 | CN¥27.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen JingQuanHua Electronics 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): 2.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.27%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.31x
- Recent ROE (2.73%) is below the historical average (8.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.53% | 1.28% | 1.40x | 1.97x | CN¥-14.77 Million |
| 2014 | 9.23% | 3.25% | 1.47x | 1.93x | CN¥-1.94 Million |
| 2015 | 15.88% | 6.14% | 1.11x | 2.33x | CN¥17.20 Million |
| 2016 | 17.26% | 6.68% | 1.30x | 1.99x | CN¥25.24 Million |
| 2017 | 8.79% | 5.11% | 0.87x | 1.99x | CN¥-8.02 Million |
| 2018 | 10.82% | 6.84% | 0.80x | 1.97x | CN¥6.04 Million |
| 2019 | 6.67% | 3.91% | 0.87x | 1.97x | CN¥-25.98 Million |
| 2020 | 4.09% | 2.50% | 0.81x | 2.03x | CN¥-47.45 Million |
| 2021 | 2.45% | 1.04% | 1.02x | 2.30x | CN¥-61.38 Million |
| 2022 | 15.09% | 5.53% | 1.03x | 2.65x | CN¥48.21 Million |
| 2023 | 2.43% | 1.32% | 0.89x | 2.07x | CN¥-106.53 Million |
| 2024 | 2.73% | 1.27% | 0.93x | 2.31x | CN¥-102.01 Million |
Industry Comparison
This section compares Shenzhen JingQuanHua Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen JingQuanHua Electronics Co Ltd (002885) | CN¥1.50 Billion | 3.53% | 1.29x | $545.92 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |