Shenzhen King Explorer Science and Technology Corp Class A
Shenzhen King Explorer Science and Technology Corporation engages in the research and development, design, manufacture, sales, and service provision of intelligent civil explosive equipment in China and internationally. The company offers bulk explosives equipment, intelligent information systems, detonator assembly line and products, packaged explosives equipment, and related raw materials. It s… Read more
Shenzhen King Explorer Science and Technology Corp Class A (002917) - Net Assets
Latest net assets as of September 2025: CN¥1.93 Billion CNY
Based on the latest financial reports, Shenzhen King Explorer Science and Technology Corp Class A (002917) has net assets worth CN¥1.93 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¥3.21 Billion) and total liabilities (CN¥1.28 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¥1.93 Billion |
| % of Total Assets | 60.19% |
| Annual Growth Rate | 28.18% |
| 5-Year Change | 119.56% |
| 10-Year Change | 1120.17% |
| Growth Volatility | 40.22 |
Shenzhen King Explorer Science and Technology Corp Class A - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen King Explorer Science and Technology Corp Class A'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 King Explorer Science and Technology Corp Class A (2013–2024)
The table below shows the annual net assets of Shenzhen King Explorer Science and Technology Corp Class A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.83 Billion | +4.00% |
| 2023-12-31 | CN¥1.76 Billion | +3.69% |
| 2022-12-31 | CN¥1.69 Billion | +64.22% |
| 2021-12-31 | CN¥1.03 Billion | +23.98% |
| 2020-12-31 | CN¥831.83 Million | +7.87% |
| 2019-12-31 | CN¥771.17 Million | +8.27% |
| 2018-12-31 | CN¥712.25 Million | +10.96% |
| 2017-12-31 | CN¥641.89 Million | +128.93% |
| 2016-12-31 | CN¥280.38 Million | +87.32% |
| 2015-12-31 | CN¥149.68 Million | -0.32% |
| 2014-12-31 | CN¥150.16 Million | +26.24% |
| 2013-12-31 | CN¥118.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen King Explorer Science and Technology Corp 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 867.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥426.37 Million | 27.14% |
| Common Stock | CN¥347.61 Million | 22.13% |
| Other Comprehensive Income | CN¥60.40 Million | 3.85% |
| Other Components | CN¥736.44 Million | 46.88% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Shenzhen King Explorer Science and Technology Corp Class A Competitors by Market Cap
The table below lists competitors of Shenzhen King Explorer Science and Technology Corp Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
J&V Energy Tech Co Ltd
TW:6869
|
$287.88 Million |
|
Guangdong Marubi Biotechnology Co
SHG:603983
|
$287.97 Million |
|
Claros Mortgage Trust Inc
NYSE:CMTG
|
$288.08 Million |
|
Signature Bank
PINK:SBNYL
|
$288.11 Million |
|
Newgen Software Technologies Limited
NSE:NEWGEN
|
$287.80 Million |
|
Jiangsu New Energy Development Co Ltd
SHG:603693
|
$287.79 Million |
|
DATAGROUP SE
F:D6H
|
$287.75 Million |
|
Sohu.Com Inc
NASDAQ:SOHU
|
$287.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen King Explorer Science and Technology Corp Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,512,616,168 to 1,570,825,767, a change of 58,209,599 (3.8%).
- Net income of 124,077,189 contributed positively to equity growth.
- Dividend payments of 63,011,530 reduced retained earnings.
- Share repurchases of 25,009,147 reduced equity.
- Other comprehensive income increased equity by 49,826,713.
- Other factors decreased equity by 27,673,626.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥124.08 Million | +7.9% |
| Dividends Paid | CN¥63.01 Million | -4.01% |
| Share Repurchases | CN¥25.01 Million | -1.59% |
| Other Comprehensive Income | CN¥49.83 Million | +3.17% |
| Other Changes | CN¥-27.67 Million | -1.76% |
| Total Change | CN¥- | 3.85% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen King Explorer Science and Technology Corp 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: 2.97x
- 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 27.43x to 2.97x 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¥0.50 | CN¥13.62 | x |
| 2014-12-31 | CN¥0.64 | CN¥13.62 | x |
| 2015-12-31 | CN¥0.62 | CN¥13.62 | x |
| 2016-12-31 | CN¥1.67 | CN¥13.62 | x |
| 2017-12-31 | CN¥2.98 | CN¥13.62 | x |
| 2018-12-31 | CN¥2.41 | CN¥13.62 | x |
| 2019-12-31 | CN¥2.59 | CN¥13.62 | x |
| 2020-12-31 | CN¥2.80 | CN¥13.62 | x |
| 2021-12-31 | CN¥2.84 | CN¥13.62 | x |
| 2022-12-31 | CN¥4.26 | CN¥13.62 | x |
| 2023-12-31 | CN¥4.37 | CN¥13.62 | x |
| 2024-12-31 | CN¥4.58 | CN¥13.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen King Explorer Science and Technology Corp 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): 7.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.60%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.03x
- Recent ROE (7.90%) is below the historical average (14.60%), 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 | 14.33% | 7.00% | 0.70x | 2.91x | CN¥4.38 Million |
| 2014 | 22.45% | 9.08% | 0.94x | 2.63x | CN¥16.11 Million |
| 2015 | 57.34% | 18.18% | 1.20x | 2.64x | CN¥59.88 Million |
| 2016 | 24.67% | 13.54% | 1.02x | 1.79x | CN¥36.73 Million |
| 2017 | 10.34% | 14.47% | 0.57x | 1.24x | CN¥2.08 Million |
| 2018 | 9.97% | 15.56% | 0.51x | 1.25x | CN¥-183.21K |
| 2019 | 8.71% | 13.57% | 0.51x | 1.27x | CN¥-9.05 Million |
| 2020 | 9.01% | 10.82% | 0.53x | 1.56x | CN¥-7.52 Million |
| 2021 | 5.18% | 4.89% | 0.38x | 2.79x | CN¥-37.10 Million |
| 2022 | -1.39% | -1.70% | 0.39x | 2.11x | CN¥-165.57 Million |
| 2023 | 6.72% | 6.74% | 0.48x | 2.09x | CN¥-49.60 Million |
| 2024 | 7.90% | 7.60% | 0.51x | 2.03x | CN¥-33.01 Million |
Industry Comparison
This section compares Shenzhen King Explorer Science and Technology Corp Class A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen King Explorer Science and Technology Corp Class A (002917) | CN¥1.93 Billion | 14.33% | 0.66x | $287.87 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |