China Leadshine Technology Co Ltd
China Leadshine Technology Co., Ltd., together with its subsidiaries, provides motion control products and solutions in China and internationally. It operates in three segments: Drive Division, Control Division, and Motor Division. The company offers fieldbus products comprising EtherCAT, EtherNet/IP, CANopen, and Modbus RTU; integrated stepper motors and closed loops, stepper motors, and integra… Read more
China Leadshine Technology Co Ltd (002979) - Net Assets
Latest net assets as of September 2025: CN¥1.67 Billion CNY
Based on the latest financial reports, China Leadshine Technology Co Ltd (002979) has net assets worth CN¥1.67 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¥2.82 Billion) and total liabilities (CN¥1.15 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¥1.67 Billion |
| % of Total Assets | 59.1% |
| Annual Growth Rate | 21.38% |
| 5-Year Change | 34.64% |
| 10-Year Change | 435.5% |
| Growth Volatility | 21.24 |
China Leadshine Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how China Leadshine Technology 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 China Leadshine Technology Co Ltd (2011–2024)
The table below shows the annual net assets of China Leadshine Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion | +13.05% |
| 2023-12-31 | CN¥1.33 Billion | +9.38% |
| 2022-12-31 | CN¥1.22 Billion | +11.19% |
| 2021-12-31 | CN¥1.09 Billion | -2.07% |
| 2020-12-31 | CN¥1.12 Billion | +80.08% |
| 2019-12-31 | CN¥620.62 Million | +28.27% |
| 2018-12-31 | CN¥483.85 Million | +34.46% |
| 2017-12-31 | CN¥359.86 Million | -0.53% |
| 2016-12-31 | CN¥361.76 Million | +28.74% |
| 2015-12-31 | CN¥281.00 Million | +39.77% |
| 2013-12-31 | CN¥201.05 Million | +23.65% |
| 2012-12-31 | CN¥162.60 Million | +34.18% |
| 2011-12-31 | CN¥121.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Leadshine Technology 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 1799.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥721.11 Million | 48.50% |
| Common Stock | CN¥307.64 Million | 20.69% |
| Other Comprehensive Income | CN¥259.20K | 0.02% |
| Other Components | CN¥457.70 Million | 30.79% |
| Total Equity | CN¥1.49 Billion | 100.00% |
China Leadshine Technology Co Ltd Competitors by Market Cap
The table below lists competitors of China Leadshine Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Walliser Kantonalbank
LSE:0RE6
|
$846.67 Million |
|
United Energy Group Limited
PINK:UNEGF
|
$846.97 Million |
|
Richinfo Technology Co Ltd Class A
SHE:300634
|
$847.03 Million |
|
SF Diamond
SHE:300179
|
$847.06 Million |
|
Ehang Holdings Ltd
NASDAQ:EH
|
$846.54 Million |
|
SMS Co. Ltd
PINK:SMSZF
|
$846.22 Million |
|
Nanjing Red Sun Co Ltd
SHE:000525
|
$845.94 Million |
|
Cangzhou Mingzhu Plastic Co Ltd
SHE:002108
|
$845.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Leadshine Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,318,933,825 to 1,486,708,637, a change of 167,774,812 (12.7%).
- Net income of 200,464,570 contributed positively to equity growth.
- Dividend payments of 47,666,235 reduced retained earnings.
- Share repurchases of 49,053,012 reduced equity.
- Other comprehensive income decreased equity by 6,851.
- Other factors increased equity by 64,036,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥200.46 Million | +13.48% |
| Dividends Paid | CN¥47.67 Million | -3.21% |
| Share Repurchases | CN¥49.05 Million | -3.3% |
| Other Comprehensive Income | CN¥-6.85K | -0.0% |
| Other Changes | CN¥64.04 Million | +4.31% |
| Total Change | CN¥- | 12.72% |
Book Value vs Market Value Analysis
This analysis compares China Leadshine Technology 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: 7.86x
- 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 31.57x to 7.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.18 | CN¥37.29 | x |
| 2012-12-31 | CN¥1.57 | CN¥37.29 | x |
| 2013-12-31 | CN¥1.95 | CN¥37.29 | x |
| 2015-12-31 | CN¥1.38 | CN¥37.29 | x |
| 2016-12-31 | CN¥1.79 | CN¥37.29 | x |
| 2017-12-31 | CN¥1.78 | CN¥37.29 | x |
| 2018-12-31 | CN¥3.12 | CN¥37.29 | x |
| 2019-12-31 | CN¥1.99 | CN¥37.29 | x |
| 2020-12-31 | CN¥3.61 | CN¥37.29 | x |
| 2021-12-31 | CN¥3.57 | CN¥37.29 | x |
| 2022-12-31 | CN¥3.96 | CN¥37.29 | x |
| 2023-12-31 | CN¥4.28 | CN¥37.29 | x |
| 2024-12-31 | CN¥4.75 | CN¥37.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Leadshine Technology 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): 13.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.65%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.60x
- Recent ROE (13.48%) is below the historical average (22.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 39.70% | 21.30% | 1.48x | 1.26x | CN¥35.82 Million |
| 2012 | 32.54% | 21.93% | 1.17x | 1.27x | CN¥36.66 Million |
| 2013 | 31.20% | 22.50% | 1.09x | 1.28x | CN¥41.98 Million |
| 2015 | 25.46% | 19.43% | 1.02x | 1.29x | CN¥43.43 Million |
| 2016 | 22.29% | 19.05% | 0.88x | 1.33x | CN¥44.46 Million |
| 2017 | 25.96% | 17.45% | 1.02x | 1.46x | CN¥57.45 Million |
| 2018 | 17.79% | 14.05% | 0.95x | 1.34x | CN¥36.71 Million |
| 2019 | 17.92% | 16.22% | 0.85x | 1.30x | CN¥47.55 Million |
| 2020 | 16.17% | 18.60% | 0.69x | 1.27x | CN¥67.15 Million |
| 2021 | 20.46% | 18.15% | 0.73x | 1.54x | CN¥111.62 Million |
| 2022 | 18.31% | 16.47% | 0.61x | 1.82x | CN¥99.98 Million |
| 2023 | 10.51% | 9.79% | 0.61x | 1.75x | CN¥6.68 Million |
| 2024 | 13.48% | 12.65% | 0.67x | 1.60x | CN¥51.79 Million |
Industry Comparison
This section compares China Leadshine Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Leadshine Technology Co Ltd (002979) | CN¥1.67 Billion | 39.70% | 0.69x | $846.65 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |