Shenzhen Strongteam Decoration Engineering Co Ltd (002989) - Net Assets
Based on the latest financial reports, Shenzhen Strongteam Decoration Engineering Co Ltd (002989) has net assets worth CN¥1.57 Billion CNY (≈ $229.97 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¥2.36 Billion ≈ $345.04 Million USD) and total liabilities (CN¥786.37 Million ≈ $115.07 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 002989 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shenzhen Strongteam Decoration Engineeri assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Shenzhen Strongteam Decoration Engineeri.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion ≈ $219.80 Million |
-9.91% |
| 2023-12-31 | CN¥1.67 Billion ≈ $243.98 Million |
-5.46% |
| 2022-12-31 | CN¥1.76 Billion ≈ $258.07 Million |
+5.42% |
| 2021-12-31 | CN¥1.67 Billion ≈ $244.81 Million |
+3.29% |
| 2020-12-31 | CN¥1.62 Billion ≈ $237.00 Million |
+124.81% |
| 2019-12-31 | CN¥720.45 Million ≈ $105.43 Million |
+31.05% |
| 2018-12-31 | CN¥549.75 Million ≈ $80.45 Million |
+13.48% |
| 2017-12-31 | CN¥484.43 Million ≈ $70.89 Million |
+12.80% |
| 2016-12-31 | CN¥429.47 Million ≈ $62.85 Million |
+18.70% |
| 2015-12-31 | CN¥361.81 Million ≈ $52.94 Million |
+41.40% |
| 2014-12-31 | CN¥255.88 Million ≈ $37.44 Million |
+33.02% |
| 2013-12-31 | CN¥192.37 Million ≈ $28.15 Million |
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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.
| Company | Market Cap |
|---|---|
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
$861.78 Million |
|
Navigator Global Investments Ltd
AU:NGI
|
$861.79 Million |
|
Sitronix Technology Corp
TW:8016
|
$861.91 Million |
|
Ferroglobe PLC
NASDAQ:GSM
|
$862.39 Million |
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
$861.57 Million |
|
Shandong Longhua New Material Co. Ltd.
SHE:301149
|
$861.41 Million |
|
Shenyu Communication Technology Inc
SHE:300563
|
$861.40 Million |
|
Imperial Metals Corporation
TO:III
|
$860.96 Million |
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: 3.59x
- 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 16.41x to 3.59x 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¥29.21 | x |
| 2014-12-31 | CN¥2.36 | CN¥29.21 | x |
| 2015-12-31 | CN¥3.31 | CN¥29.21 | x |
| 2016-12-31 | CN¥3.77 | CN¥29.21 | x |
| 2017-12-31 | CN¥4.29 | CN¥29.21 | x |
| 2018-12-31 | CN¥4.86 | CN¥29.21 | x |
| 2019-12-31 | CN¥3.97 | CN¥29.21 | x |
| 2020-12-31 | CN¥8.91 | CN¥29.21 | x |
| 2021-12-31 | CN¥9.21 | CN¥29.21 | x |
| 2022-12-31 | CN¥10.47 | CN¥29.21 | x |
| 2023-12-31 | CN¥10.00 | CN¥29.21 | x |
| 2024-12-31 | CN¥8.14 | CN¥29.21 | 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: $2,659,169,713
- Average return on equity (ROE) among peers: 4.10%
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 | $861.74 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $86.44 Million | 8.33% | 1.82x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $659.52 Million | 6.07% | 1.00x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $9.29 Billion | 9.88% | 1.56x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $3.07 Billion | 6.62% | 1.44x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $518.35 Million | -21.04% | 2.07x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $6.14 Billion | 1.41% | 0.76x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.55 Billion | 3.80% | 0.54x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $686.52 Million | 6.80% | 4.78x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.16 Billion | 14.25% | 0.81x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.44 Billion | 4.85% | 0.21x | $800.17 Million |
About Shenzhen Strongteam Decoration Engineering Co Ltd
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.