Shenzhen Keanda Electronic Techno (002972) - Net Assets
Based on the latest financial reports, Shenzhen Keanda Electronic Techno (002972) has net assets worth CN¥1.20 Billion CNY (≈ $175.79 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¥1.41 Billion ≈ $205.97 Million USD) and total liabilities (CN¥206.27 Million ≈ $30.18 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 financial resilience of Shenzhen Keanda Electronic Techno to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 85.35% |
| Annual Growth Rate | 21.92% |
| 5-Year Change | 6.07% |
| 10-Year Change | 276.42% |
| Growth Volatility | 38.15 |
Shenzhen Keanda Electronic Techno - Net Assets Trend (2012–2024)
This chart illustrates how Shenzhen Keanda Electronic Techno's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Keanda Electronic Techno asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Keanda Electronic Techno (2012–2024)
The table below shows the annual net assets of Shenzhen Keanda Electronic Techno from 2012 to 2024. For live valuation and market cap data, see 002972 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $178.03 Million |
-2.48% |
| 2023-12-31 | CN¥1.25 Billion ≈ $182.55 Million |
-1.21% |
| 2022-12-31 | CN¥1.26 Billion ≈ $184.80 Million |
+1.74% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.64 Million |
+8.22% |
| 2020-12-31 | CN¥1.15 Billion ≈ $167.84 Million |
+10.57% |
| 2019-12-31 | CN¥1.04 Billion ≈ $151.80 Million |
+117.97% |
| 2018-12-31 | CN¥475.92 Million ≈ $69.64 Million |
+20.20% |
| 2017-12-31 | CN¥395.95 Million ≈ $57.94 Million |
+10.27% |
| 2016-12-31 | CN¥359.08 Million ≈ $52.55 Million |
+11.10% |
| 2015-12-31 | CN¥323.20 Million ≈ $47.29 Million |
+101.62% |
| 2014-12-31 | CN¥160.30 Million ≈ $23.46 Million |
+19.98% |
| 2013-12-31 | CN¥133.61 Million ≈ $19.55 Million |
+18.47% |
| 2012-12-31 | CN¥112.77 Million ≈ $16.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Keanda Electronic Techno'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 1112.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥498.24 Million | 40.97% |
| Common Stock | CN¥246.01 Million | 20.23% |
| Other Comprehensive Income | CN¥94.77 Million | 7.79% |
| Other Components | CN¥377.01 Million | 31.00% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Shenzhen Keanda Electronic Techno Competitors by Market Cap
The table below lists competitors of Shenzhen Keanda Electronic Techno ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gansu Dunhuang Seed Co Ltd
SHG:600354
|
$483.49 Million |
|
Guangdong Guanghong Holdings Co Ltd
SHE:000529
|
$483.52 Million |
|
Bowman Consulting Group Ltd
NASDAQ:BWMN
|
$483.57 Million |
|
Shanghai Wondertek Software Co Ltd
SHG:603189
|
$483.58 Million |
|
Hota Industrial Mfg. Co Ltd
TW:1536
|
$483.38 Million |
|
Lyell Immunopharma Inc
NASDAQ:LYEL
|
$483.36 Million |
|
Yantai Zhenghai Bio-Tech Co Ltd
SHE:300653
|
$483.33 Million |
|
Halk Gayrimenkul Yatirim Ortakligi AS
IS:HLGYO
|
$483.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Keanda Electronic Techno's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,246,791,382 to 1,216,030,641, a change of -30,760,741 (-2.5%).
- Net income of 88,085,119 contributed positively to equity growth.
- Dividend payments of 110,775,095 reduced retained earnings.
- Share repurchases of 10,002,007 reduced equity.
- Other comprehensive income increased equity by 91,965,611.
- Other factors decreased equity by 90,034,369.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥88.09 Million | +7.24% |
| Dividends Paid | CN¥110.78 Million | -9.11% |
| Share Repurchases | CN¥10.00 Million | -0.82% |
| Other Comprehensive Income | CN¥91.97 Million | +7.56% |
| Other Changes | CN¥-90.03 Million | -7.4% |
| Total Change | CN¥- | -2.47% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Keanda Electronic Techno'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: 2.70x
- 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 9.80x to 2.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.37 | CN¥13.43 | x |
| 2013-12-31 | CN¥1.60 | CN¥13.43 | x |
| 2014-12-31 | CN¥1.05 | CN¥13.43 | x |
| 2015-12-31 | CN¥2.40 | CN¥13.43 | x |
| 2016-12-31 | CN¥1.93 | CN¥13.43 | x |
| 2017-12-31 | CN¥2.13 | CN¥13.43 | x |
| 2018-12-31 | CN¥2.57 | CN¥13.43 | x |
| 2019-12-31 | CN¥4.20 | CN¥13.43 | x |
| 2020-12-31 | CN¥4.64 | CN¥13.43 | x |
| 2021-12-31 | CN¥5.05 | CN¥13.43 | x |
| 2022-12-31 | CN¥5.16 | CN¥13.43 | x |
| 2023-12-31 | CN¥5.11 | CN¥13.43 | x |
| 2024-12-31 | CN¥4.97 | CN¥13.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Keanda Electronic Techno 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): 7.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.59%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.20x
- Recent ROE (7.24%) is below the historical average (12.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 2.61% | 5.79% | 0.34x | 1.31x | CN¥-8.34 Million |
| 2013 | 15.59% | 23.82% | 0.47x | 1.41x | CN¥7.47 Million |
| 2014 | 16.65% | 22.70% | 0.55x | 1.32x | CN¥10.67 Million |
| 2015 | 13.11% | 27.46% | 0.38x | 1.25x | CN¥10.06 Million |
| 2016 | 15.53% | 31.70% | 0.37x | 1.32x | CN¥19.78 Million |
| 2017 | 19.74% | 33.12% | 0.45x | 1.33x | CN¥38.47 Million |
| 2018 | 20.03% | 35.40% | 0.43x | 1.32x | CN¥47.65 Million |
| 2019 | 11.95% | 38.62% | 0.26x | 1.18x | CN¥20.26 Million |
| 2020 | 11.98% | 38.11% | 0.28x | 1.14x | CN¥22.75 Million |
| 2021 | 12.20% | 37.77% | 0.28x | 1.15x | CN¥27.35 Million |
| 2022 | 9.69% | 33.37% | 0.24x | 1.22x | CN¥-3.88 Million |
| 2023 | 4.99% | 25.42% | 0.17x | 1.12x | CN¥-62.52 Million |
| 2024 | 7.24% | 27.59% | 0.22x | 1.20x | CN¥-33.52 Million |
Industry Comparison
This section compares Shenzhen Keanda Electronic Techno's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,203,250,760
- Average return on equity (ROE) among peers: 12.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Keanda Electronic Techno (002972) | CN¥1.20 Billion | 2.61% | 0.17x | $483.46 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $319.70 Million | 1.71% | 0.98x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $652.37 Million | 31.58% | 4.17x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $957.44 Million | 0.63% | 2.95x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.02 Billion | 5.03% | 1.97x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.08 Billion | 2.04% | 0.58x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $524.39 Million | 2.71% | 1.74x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $424.12 Million | 23.18% | 0.66x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $864.90 Million | 10.14% | 0.49x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $2.64 Billion | 29.06% | 0.88x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $548.52 Million | 21.04% | 0.16x | $4.88 Billion |
About Shenzhen Keanda Electronic Techno
Shenzhen Keanda Electronic Technology Corp., Ltd. engages in research and development, production, and sales of rail transit products. It offers rail transit signal axle counting system, railway station comprehensive lightning protection system, signal monitoring lightning protection distribution cabinet, turnout snow melting system, and other products and related solutions. The company also prov… Read more