Avary Holding Shenzhen Co Ltd Class A (002938) - Net Assets
Based on the latest financial reports, Avary Holding Shenzhen Co Ltd Class A (002938) has net assets worth CN¥35.29 Billion CNY (≈ $5.16 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥54.58 Billion ≈ $7.99 Billion USD) and total liabilities (CN¥19.29 Billion ≈ $2.82 Billion 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 how strategically is Avary Holding Shenzhen Co Ltd Class A's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥35.29 Billion |
| % of Total Assets | 64.66% |
| Annual Growth Rate | 13.63% |
| 5-Year Change | 45.93% |
| 10-Year Change | 240.86% |
| Growth Volatility | 11.7 |
Avary Holding Shenzhen Co Ltd Class A - Net Assets Trend (2014–2025)
This chart illustrates how Avary Holding Shenzhen Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Avary Holding Shenzhen Co Ltd Class A (002938) market capitalisation.
Annual Net Assets for Avary Holding Shenzhen Co Ltd Class A (2014–2025)
The table below shows the annual net assets of Avary Holding Shenzhen Co Ltd Class A from 2014 to 2025. Also explore how fast is Avary Holding Shenzhen Co Ltd Class A growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥34.75 Billion ≈ $5.09 Billion |
+7.51% |
| 2024-12-31 | CN¥32.32 Billion ≈ $4.73 Billion |
+8.92% |
| 2023-12-31 | CN¥29.68 Billion ≈ $4.34 Billion |
+6.22% |
| 2022-12-31 | CN¥27.94 Billion ≈ $4.09 Billion |
+17.32% |
| 2021-12-31 | CN¥23.81 Billion ≈ $3.48 Billion |
+10.45% |
| 2020-12-31 | CN¥21.56 Billion ≈ $3.15 Billion |
+8.72% |
| 2019-12-31 | CN¥19.83 Billion ≈ $2.90 Billion |
+10.88% |
| 2018-12-31 | CN¥17.88 Billion ≈ $2.62 Billion |
+45.60% |
| 2017-12-31 | CN¥12.28 Billion ≈ $1.80 Billion |
+20.48% |
| 2016-12-31 | CN¥10.20 Billion ≈ $1.49 Billion |
-1.08% |
| 2015-12-31 | CN¥10.31 Billion ≈ $1.51 Billion |
+20.89% |
| 2014-12-31 | CN¥8.53 Billion ≈ $1.25 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Avary Holding Shenzhen 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 380.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥17.42 Billion | 51.04% |
| Other Components | CN¥16.71 Billion | 48.96% |
| Total Equity | CN¥34.14 Billion | 100.00% |
Avary Holding Shenzhen Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Avary Holding Shenzhen Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlassian Corp Plc
NASDAQ:TEAM
|
$30.18 Billion |
|
STMicroelectronics NV ADR
NYSE:STM
|
$30.27 Billion |
|
Advanced Micro Fabrication Inc
SHG:688012
|
$30.29 Billion |
|
Martin Marietta Materials Inc
NYSE:MLM
|
$30.44 Billion |
|
Naspers Limited
JSE:NPN
|
$30.06 Billion |
|
Alcon AG
SW:ALC
|
$30.03 Billion |
|
Prudential plc
F:PRU2
|
$29.96 Billion |
|
Cheniere Energy Partners LP
NYSE:CQP
|
$29.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avary Holding Shenzhen Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,109,843,557 to 34,136,963,183, a change of 2,027,119,626 (6.3%).
- Net income of 3,737,844,000 contributed positively to equity growth.
- Dividend payments of 2,442,681,034 reduced retained earnings.
- Other comprehensive income decreased equity by 2,184,923,208.
- Other factors increased equity by 2,916,879,868.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥3.74 Billion | +10.95% |
| Dividends Paid | CN¥2.44 Billion | -7.16% |
| Other Comprehensive Income | CN¥-2.18 Billion | -6.4% |
| Other Changes | CN¥2.92 Billion | +8.54% |
| Total Change | CN¥- | 6.31% |
Book Value vs Market Value Analysis
This analysis compares Avary Holding Shenzhen 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: 6.04x
- 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 17.67x to 6.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥5.03 | CN¥88.82 | x |
| 2015-12-31 | CN¥6.08 | CN¥88.82 | x |
| 2016-12-31 | CN¥5.99 | CN¥88.82 | x |
| 2017-12-31 | CN¥6.25 | CN¥88.82 | x |
| 2018-12-31 | CN¥8.39 | CN¥88.82 | x |
| 2019-12-31 | CN¥8.58 | CN¥88.82 | x |
| 2020-12-31 | CN¥9.33 | CN¥88.82 | x |
| 2021-12-31 | CN¥10.27 | CN¥88.82 | x |
| 2022-12-31 | CN¥12.08 | CN¥88.82 | x |
| 2023-12-31 | CN¥12.81 | CN¥88.82 | x |
| 2024-12-31 | CN¥13.84 | CN¥88.82 | x |
| 2025-12-31 | CN¥14.70 | CN¥88.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avary Holding Shenzhen 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): 10.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.55%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.43x
- Recent ROE (10.95%) is below the historical average (13.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 16.59% | 9.18% | 1.00x | 1.81x | CN¥561.61 Million |
| 2015 | 14.81% | 8.93% | 0.94x | 1.76x | CN¥495.38 Million |
| 2016 | 9.85% | 5.86% | 0.93x | 1.81x | CN¥-15.52 Million |
| 2017 | 14.88% | 7.64% | 1.03x | 1.89x | CN¥599.02 Million |
| 2018 | 15.50% | 10.72% | 0.95x | 1.53x | CN¥982.85 Million |
| 2019 | 14.75% | 10.99% | 0.92x | 1.46x | CN¥941.69 Million |
| 2020 | 13.18% | 9.52% | 0.90x | 1.54x | CN¥685.67 Million |
| 2021 | 13.93% | 9.96% | 0.94x | 1.49x | CN¥935.98 Million |
| 2022 | 17.94% | 13.84% | 0.93x | 1.39x | CN¥2.22 Billion |
| 2023 | 11.09% | 10.25% | 0.76x | 1.43x | CN¥321.88 Million |
| 2024 | 11.27% | 10.30% | 0.79x | 1.39x | CN¥409.37 Million |
| 2025 | 10.95% | 9.55% | 0.80x | 1.43x | CN¥324.15 Million |
Industry Comparison
This section compares Avary Holding Shenzhen Co Ltd Class A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $8,577,811,315
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avary Holding Shenzhen Co Ltd Class A (002938) | CN¥35.29 Billion | 16.59% | 0.55x | $30.12 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $309.30 Million | 15.10% | 0.56x | $327.67 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $173.91 Million | -9.94% | 2.76x | $1.23 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $662.39 Million | 1.06% | 0.14x | $469.91 Million |
| CPT Technology Group Co Ltd (000536) | $44.01 Million | 14.76% | 2.96x | $1.35 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.13 Billion | 1.15% | 0.64x | $9.74 Billion |
| Xiamen Xindeco Ltd (000701) | $2.21 Billion | 7.29% | 3.76x | $489.51 Million |
| BOE Technology Group Co Ltd (000725) | $76.96 Billion | 3.33% | 0.77x | $28.03 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $1.19 Billion | 5.98% | 0.43x | $3.32 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $109.53 Million | 23.07% | 1.27x | $2.00 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.98 Billion | 8.85% | 0.25x | $4.57 Billion |
About Avary Holding Shenzhen Co Ltd Class A
Avary Holding(Shenzhen)Co., Limited engages in the design, development, manufacture, and sale of printed circuit boards in China, the United States, rest of Asia, and Europe. The company's products are used in communication, consumer electronics, computer, and automotive electronics, as well as in industrial control industries. It is also involved in the leasing of properties; warehousing service… Read more