Shenzhen Baoming Technology Co (002992) - Net Assets
Based on the latest financial reports, Shenzhen Baoming Technology Co (002992) has net assets worth CN¥741.29 Million CNY (≈ $108.47 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.12 Billion ≈ $310.50 Million USD) and total liabilities (CN¥1.38 Billion ≈ $202.03 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 Shenzhen Baoming Technology Co strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥741.29 Million |
| % of Total Assets | 34.94% |
| Annual Growth Rate | 7.71% |
| 5-Year Change | -31.64% |
| 10-Year Change | 73.56% |
| Growth Volatility | 32.06 |
Shenzhen Baoming Technology Co - Net Assets Trend (2014–2025)
This chart illustrates how Shenzhen Baoming Technology Co's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shenzhen Baoming Technology Co (002992) total market value.
Annual Net Assets for Shenzhen Baoming Technology Co (2014–2025)
The table below shows the annual net assets of Shenzhen Baoming Technology Co from 2014 to 2025. Also explore net asset growth rate of Shenzhen Baoming Technology Co to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥757.89 Million ≈ $110.90 Million |
+1.88% |
| 2024-12-31 | CN¥743.89 Million ≈ $108.85 Million |
-9.93% |
| 2023-12-31 | CN¥825.93 Million ≈ $120.86 Million |
-11.98% |
| 2022-12-31 | CN¥938.36 Million ≈ $137.31 Million |
-15.36% |
| 2021-12-31 | CN¥1.11 Billion ≈ $162.22 Million |
-26.70% |
| 2020-12-31 | CN¥1.51 Billion ≈ $221.32 Million |
+95.32% |
| 2019-12-31 | CN¥774.36 Million ≈ $113.31 Million |
+16.50% |
| 2018-12-31 | CN¥664.68 Million ≈ $97.26 Million |
+15.24% |
| 2017-12-31 | CN¥576.77 Million ≈ $84.40 Million |
+32.09% |
| 2016-12-31 | CN¥436.66 Million ≈ $63.90 Million |
+31.23% |
| 2015-12-31 | CN¥332.74 Million ≈ $48.69 Million |
-0.56% |
| 2014-12-31 | CN¥334.62 Million ≈ $48.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Baoming Technology Co'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 decreased by 496.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.12 Billion | 148.65% |
| Total Equity | CN¥750.11 Million | 100.00% |
Shenzhen Baoming Technology Co Competitors by Market Cap
The table below lists competitors of Shenzhen Baoming Technology Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu General Science Tech
SHG:601500
|
$904.69 Million |
|
Eit Environmental Development Group
SHE:300815
|
$905.23 Million |
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
$905.34 Million |
|
Niutech Environment Technology Corp
SHG:688309
|
$905.34 Million |
|
Sichuan Yimikang Environmental Tech Co Ltd
SHE:300249
|
$903.60 Million |
|
Brainbees Solutions Limited
NSE:FIRSTCRY
|
$903.24 Million |
|
Hebei Sailhero Environmental
SHE:300137
|
$902.97 Million |
|
Tortoise Energy Infrastructure Closed Fund
NYSE:TYG
|
$902.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Baoming Technology Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 727,253,232 to 750,112,724, a change of 22,859,492 (3.1%).
- Net income of 11,940,798 contributed positively to equity growth.
- Dividend payments of 29,131,610 reduced retained earnings.
- Other factors increased equity by 40,050,304.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥11.94 Million | +1.59% |
| Dividends Paid | CN¥29.13 Million | -3.88% |
| Other Changes | CN¥40.05 Million | +5.34% |
| Total Change | CN¥- | 3.14% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Baoming Technology Co'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: 8.23x
- 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 12.64x to 8.23x 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¥2.70 | CN¥34.15 | x |
| 2015-12-31 | CN¥2.97 | CN¥34.15 | x |
| 2016-12-31 | CN¥3.29 | CN¥34.15 | x |
| 2017-12-31 | CN¥4.32 | CN¥34.15 | x |
| 2018-12-31 | CN¥5.00 | CN¥34.15 | x |
| 2019-12-31 | CN¥4.35 | CN¥34.15 | x |
| 2020-12-31 | CN¥8.46 | CN¥34.15 | x |
| 2021-12-31 | CN¥6.20 | CN¥34.15 | x |
| 2022-12-31 | CN¥5.12 | CN¥34.15 | x |
| 2023-12-31 | CN¥4.47 | CN¥34.15 | x |
| 2024-12-31 | CN¥4.10 | CN¥34.15 | x |
| 2025-12-31 | CN¥4.15 | CN¥34.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Baoming Technology Co 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): 1.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.91%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.84x
- Recent ROE (1.59%) is above the historical average (-0.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.70% | 1.99% | 0.58x | 3.19x | CN¥-21.17 Million |
| 2015 | -0.52% | -0.27% | 0.65x | 2.97x | CN¥-35.23 Million |
| 2016 | 12.80% | 7.12% | 0.72x | 2.50x | CN¥12.37 Million |
| 2017 | 24.04% | 12.27% | 0.86x | 2.27x | CN¥81.79 Million |
| 2018 | 18.31% | 8.91% | 0.90x | 2.28x | CN¥55.67 Million |
| 2019 | 18.51% | 7.86% | 0.97x | 2.42x | CN¥66.38 Million |
| 2020 | 2.04% | 2.24% | 0.53x | 1.71x | CN¥-120.89 Million |
| 2021 | -31.84% | -31.76% | 0.47x | 2.12x | CN¥-465.52 Million |
| 2022 | -24.32% | -23.76% | 0.45x | 2.26x | CN¥-315.17 Million |
| 2023 | -15.44% | -9.38% | 0.53x | 3.13x | CN¥-204.07 Million |
| 2024 | -10.50% | -5.01% | 0.69x | 3.03x | CN¥-149.08 Million |
| 2025 | 1.59% | 0.91% | 0.61x | 2.84x | CN¥-63.07 Million |
Industry Comparison
This section compares Shenzhen Baoming Technology Co's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $21,793,594,840
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Baoming Technology Co (002992) | CN¥741.29 Million | 3.70% | 1.86x | $903.84 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.58 Million | -2.80% | 0.72x | $343.57 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $203.00 Million | 7.45% | 1.27x | $1.25 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.48 Billion | 6.33% | 0.88x | $475.80 Million |
| CPT Technology Group Co Ltd (000536) | $3.66 Billion | 10.45% | 1.63x | $1.42 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.23 Billion | 1.92% | 0.29x | $9.85 Billion |
| Xiamen Xindeco Ltd (000701) | $559.37 Million | 5.77% | 1.77x | $511.27 Million |
| BOE Technology Group Co Ltd (000725) | $204.55 Billion | 2.60% | 1.10x | $31.49 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) | $1.20 Billion | 11.77% | 0.91x | $2.04 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.59 Billion | 10.09% | 0.44x | $4.93 Billion |
About Shenzhen Baoming Technology Co
Shenzhen Baoming Technology Co.,Ltd. engages in the research and development, design, production, and sale of flat panel display devices in China. It is involved in the research and development, production, and sale of new energy lithium battery materials and lithium battery composite copper foils for applications in power batteries, energy storage batteries, and consumer batteries. It also provi… Read more