Shenzhen Sinovatio Technology Co Ltd Class A (002912) - Net Assets
Based on the latest financial reports, Shenzhen Sinovatio Technology Co Ltd Class A (002912) has net assets worth CN¥1.64 Billion CNY (≈ $239.51 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.97 Billion ≈ $288.86 Million USD) and total liabilities (CN¥337.24 Million ≈ $49.35 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 Sinovatio Technology Co Ltd Cla liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.64 Billion |
| % of Total Assets | 82.92% |
| Annual Growth Rate | 18.2% |
| 5-Year Change | -4.22% |
| 10-Year Change | 215.15% |
| Growth Volatility | 28.57 |
Shenzhen Sinovatio Technology Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen Sinovatio Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 002912 asset base for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Sinovatio Technology Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Shenzhen Sinovatio Technology Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see market value of Shenzhen Sinovatio Technology Co Ltd Cla.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.68 Billion ≈ $245.99 Million |
+0.53% |
| 2023-12-31 | CN¥1.67 Billion ≈ $244.70 Million |
+7.35% |
| 2022-12-31 | CN¥1.56 Billion ≈ $227.95 Million |
-7.27% |
| 2021-12-31 | CN¥1.68 Billion ≈ $245.81 Million |
-4.29% |
| 2020-12-31 | CN¥1.76 Billion ≈ $256.83 Million |
+15.50% |
| 2019-12-31 | CN¥1.52 Billion ≈ $222.37 Million |
+17.45% |
| 2018-12-31 | CN¥1.29 Billion ≈ $189.33 Million |
+13.58% |
| 2017-12-31 | CN¥1.14 Billion ≈ $166.69 Million |
+95.03% |
| 2016-12-31 | CN¥584.10 Million ≈ $85.47 Million |
+9.50% |
| 2015-12-31 | CN¥533.42 Million ≈ $78.06 Million |
+55.18% |
| 2014-12-31 | CN¥343.73 Million ≈ $50.30 Million |
+28.62% |
| 2013-12-31 | CN¥267.24 Million ≈ $39.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sinovatio Technology Co Ltd Class A'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 341.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥978.62 Million | 58.21% |
| Common Stock | CN¥170.75 Million | 10.16% |
| Other Comprehensive Income | CN¥53.97 Million | 3.21% |
| Other Components | CN¥477.72 Million | 28.42% |
| Total Equity | CN¥1.68 Billion | 100.00% |
Shenzhen Sinovatio Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Shenzhen Sinovatio Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitek Systems Inc
NASDAQ:MITK
|
$607.24 Million |
|
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
|
$607.31 Million |
|
Selamat Sempurna Tbk
JK:SMSM
|
$607.38 Million |
|
Beijing Jingyeda Technology Co Ltd
SHE:003005
|
$607.44 Million |
|
Shinkong Textile Co Ltd
TW:1419
|
$607.14 Million |
|
Fireweed Zinc Ltd
V:FWZ
|
$607.08 Million |
|
Autohellas S.A.
AT:OTOEL
|
$607.07 Million |
|
LG Balakrishnan & Bros Limited
NSE:LGBBROSLTD
|
$606.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sinovatio Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,672,242,040 to 1,681,052,929, a change of 8,810,889 (0.5%).
- Net income of 59,922,359 contributed positively to equity growth.
- Dividend payments of 51,547,452 reduced retained earnings.
- Other comprehensive income increased equity by 2,310,331.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥59.92 Million | +3.56% |
| Dividends Paid | CN¥51.55 Million | -3.07% |
| Other Comprehensive Income | CN¥2.31 Million | +0.14% |
| Other Changes | CN¥-1.87 Million | -0.11% |
| Total Change | CN¥- | 0.53% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sinovatio Technology Co Ltd Class A'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: 2.47x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.95x to 2.47x 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¥2.44 | CN¥24.30 | x |
| 2014-12-31 | CN¥3.12 | CN¥24.30 | x |
| 2015-12-31 | CN¥4.39 | CN¥24.30 | x |
| 2016-12-31 | CN¥4.56 | CN¥24.30 | x |
| 2017-12-31 | CN¥8.66 | CN¥24.30 | x |
| 2018-12-31 | CN¥7.58 | CN¥24.30 | x |
| 2019-12-31 | CN¥8.90 | CN¥24.30 | x |
| 2020-12-31 | CN¥10.28 | CN¥24.30 | x |
| 2021-12-31 | CN¥9.84 | CN¥24.30 | x |
| 2022-12-31 | CN¥9.12 | CN¥24.30 | x |
| 2023-12-31 | CN¥9.81 | CN¥24.30 | x |
| 2024-12-31 | CN¥9.82 | CN¥24.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sinovatio Technology Co Ltd Class A 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): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.10%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.20x
- Recent ROE (3.56%) is below the historical average (12.07%), 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 | 21.42% | 21.84% | 0.69x | 1.42x | CN¥30.53 Million |
| 2014 | 22.79% | 29.62% | 0.59x | 1.30x | CN¥43.96 Million |
| 2015 | 16.54% | 30.20% | 0.44x | 1.26x | CN¥34.90 Million |
| 2016 | 17.22% | 29.28% | 0.41x | 1.45x | CN¥42.15 Million |
| 2017 | 11.62% | 26.58% | 0.30x | 1.44x | CN¥18.42 Million |
| 2018 | 15.82% | 29.62% | 0.32x | 1.65x | CN¥75.37 Million |
| 2019 | 19.42% | 32.63% | 0.43x | 1.39x | CN¥143.14 Million |
| 2020 | 14.12% | 25.97% | 0.42x | 1.31x | CN¥72.27 Million |
| 2021 | 3.35% | 8.11% | 0.32x | 1.29x | CN¥-111.71 Million |
| 2022 | -7.84% | -28.01% | 0.22x | 1.26x | CN¥-277.84 Million |
| 2023 | 6.83% | 17.49% | 0.30x | 1.28x | CN¥-52.98 Million |
| 2024 | 3.56% | 9.10% | 0.33x | 1.20x | CN¥-108.18 Million |
Industry Comparison
This section compares Shenzhen Sinovatio Technology Co Ltd Class A's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,085,455,954
- Average return on equity (ROE) among peers: 13.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sinovatio Technology Co Ltd Class A (002912) | CN¥1.64 Billion | 21.42% | 0.21x | $607.17 Million |
| Digital China Group Co Ltd (000034) | $9.26 Billion | 12.65% | 3.85x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $696.79 Million | 0.52% | 1.27x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $2.77 Billion | 4.17% | 2.67x | $826.70 Million |
| Guomai Technologies Inc (002093) | $3.38 Billion | 2.39% | 0.20x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.79 Billion | 6.56% | 1.52x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $401.27 Million | 16.41% | 0.60x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $108.06 Million | 30.46% | 0.45x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $147.38 Million | 38.68% | 3.31x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.68 Billion | 7.58% | 0.71x | $771.75 Million |
About Shenzhen Sinovatio Technology Co Ltd Class A
Shenzhen Sinovatio Technology Co., Ltd. engages in the research and development, production, and sales of network visualization infrastructure, network content security, data operation, and industrial Internet security products. The company offers telecom network visualization and analysis products, network flow management and DPI products, mobile data acquisition and analysis products, and a Dee… Read more