Shenzhen Strongteam Decoration Engineering Co Ltd

SHE:002989 China Engineering & Construction
Market Cap
$772.94 Million
CN¥5.67 Billion CNY
Market Cap Rank
#9885 Global
#2103 in China
Share Price
CN¥28.13
Change (1 day)
-2.83%
52-Week Range
CN¥23.43 - CN¥38.63
All Time High
CN¥48.52
About

Shenzhen Strongteam Decoration Engineering Co., Ltd. provides fine decoration services in China. It offers batch fine decoration construction and design services for real estate developers. The company was founded in 2000 and is based in Shenzhen, China.

Shenzhen Strongteam Decoration Engineering Co Ltd (002989) - Net Assets

Latest net assets as of September 2025: CN¥1.57 Billion CNY

Based on the latest financial reports, Shenzhen Strongteam Decoration Engineering Co Ltd (002989) has net assets worth CN¥1.57 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¥2.36 Billion) and total liabilities (CN¥786.37 Million). 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¥1.57 Billion
% of Total Assets 66.65%
Annual Growth Rate 20.54%
5-Year Change -7.26%
10-Year Change 315.16%
Growth Volatility 35.23

Shenzhen Strongteam Decoration Engineering Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Shenzhen Strongteam Decoration Engineering 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 Shenzhen Strongteam Decoration Engineering Co Ltd (2013–2024)

The table below shows the annual net assets of Shenzhen Strongteam Decoration Engineering Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.50 Billion -9.91%
2023-12-31 CN¥1.67 Billion -5.46%
2022-12-31 CN¥1.76 Billion +5.42%
2021-12-31 CN¥1.67 Billion +3.29%
2020-12-31 CN¥1.62 Billion +124.81%
2019-12-31 CN¥720.45 Million +31.05%
2018-12-31 CN¥549.75 Million +13.48%
2017-12-31 CN¥484.43 Million +12.80%
2016-12-31 CN¥429.47 Million +18.70%
2015-12-31 CN¥361.81 Million +41.40%
2014-12-31 CN¥255.88 Million +33.02%
2013-12-31 CN¥192.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Strongteam Decoration Engineering 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 72.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥61.09 Million 4.13%
Common Stock CN¥195.09 Million 13.20%
Other Comprehensive Income CN¥157.75 Million 10.68%
Other Components CN¥1.06 Billion 71.99%
Total Equity CN¥1.48 Billion 100.00%

Shenzhen Strongteam Decoration Engineering Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Strongteam Decoration Engineering Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Strongteam Decoration Engineering Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,667,303,171 to 1,477,688,903, a change of -189,614,268 (-11.4%).
  • Net loss of 428,364,264 reduced equity.
  • Dividend payments of 4,048,757 reduced retained earnings.
  • Other comprehensive income increased equity by 157,753,304.
  • Other factors increased equity by 85,045,449.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-428.36 Million -28.99%
Dividends Paid CN¥4.05 Million -0.27%
Other Comprehensive Income CN¥157.75 Million +10.68%
Other Changes CN¥85.05 Million +5.76%
Total Change CN¥- -11.37%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Strongteam Decoration Engineering 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: 3.46x
  • 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 15.81x to 3.46x 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¥1.78 CN¥28.13 x
2014-12-31 CN¥2.36 CN¥28.13 x
2015-12-31 CN¥3.31 CN¥28.13 x
2016-12-31 CN¥3.77 CN¥28.13 x
2017-12-31 CN¥4.29 CN¥28.13 x
2018-12-31 CN¥4.86 CN¥28.13 x
2019-12-31 CN¥3.97 CN¥28.13 x
2020-12-31 CN¥8.91 CN¥28.13 x
2021-12-31 CN¥9.21 CN¥28.13 x
2022-12-31 CN¥10.47 CN¥28.13 x
2023-12-31 CN¥10.00 CN¥28.13 x
2024-12-31 CN¥8.14 CN¥28.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Strongteam Decoration Engineering 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): -28.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -118.44%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 1.55x
  • Recent ROE (-28.99%) is below the historical average (13.18%), 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 35.40% 9.88% 1.52x 2.36x CN¥48.86 Million
2014 29.29% 8.87% 1.27x 2.60x CN¥49.35 Million
2015 19.97% 8.37% 1.16x 2.06x CN¥36.07 Million
2016 19.90% 8.55% 1.06x 2.19x CN¥42.53 Million
2017 16.54% 8.53% 0.92x 2.11x CN¥31.71 Million
2018 18.11% 7.30% 1.00x 2.49x CN¥44.58 Million
2019 25.43% 7.83% 1.17x 2.77x CN¥111.19 Million
2020 11.66% 7.36% 0.84x 1.89x CN¥26.87 Million
2021 6.48% 4.22% 0.76x 2.03x CN¥-58.90 Million
2022 3.82% 3.38% 0.55x 2.05x CN¥-109.01 Million
2023 0.50% 1.01% 0.28x 1.78x CN¥-158.40 Million
2024 -28.99% -118.44% 0.16x 1.55x CN¥-576.13 Million

Industry Comparison

This section compares Shenzhen Strongteam Decoration Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $2,293,171,469
  • Average return on equity (ROE) among peers: -19.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Strongteam Decoration Engineering Co Ltd (002989) CN¥1.57 Billion 35.40% 0.50x $540.31 Million
Shenzhen Ecobeauty Co Ltd (000010) $2.21 Billion 1.80% 1.20x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $273.69 Million 5.51% 1.09x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $10.22 Billion 10.27% 1.39x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $1.08 Billion 6.39% 1.55x $602.43 Million
Shandong Hi-Speed Road&Bridge (000498) $433.84 Million -22.79% 2.88x $597.20 Million
Jinyuan Cement Co Ltd (000546) $4.61 Billion 0.86% 0.22x $312.99 Million
Hunan Investment Group Co Ltd (000548) $1.41 Billion 7.29% 0.50x $259.03 Million
ChengDu Hi-Tech Development Co Ltd (000628) $134.20 Million -202.04% 12.95x $1.18 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $307.94 Million -4.18% 0.33x $300.46 Million
Hainan Expressway Co Ltd (000886) $2.26 Billion 1.18% 0.16x $593.20 Million