Shenzhen Textile Holdings Co Ltd
Shenzhen Textile (Holdings) Co., Ltd., together with its subsidiaries, engages in the research and development, production, sale, and marketing of polarizers in China and internationally. It operates through two segments, Polarizer Business; and Property Leasing and Other. The company offers polarizers for liquid crystal displays, TN, STN, TFT, OLED, 3D, dye films, optical film for touch screen, … Read more
Shenzhen Textile Holdings Co Ltd (200045) - Net Assets
Latest net assets as of June 2025: HK$4.25 Billion HKD
Based on the latest financial reports, Shenzhen Textile Holdings Co Ltd (200045) has net assets worth HK$4.25 Billion HKD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$5.31 Billion) and total liabilities (HK$1.06 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 | HK$4.25 Billion |
| % of Total Assets | 80.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | 8.62% |
| 10-Year Change | 94.77% |
| Growth Volatility | 40.25 |
Shenzhen Textile Holdings Co Ltd - Net Assets Trend (1991–2024)
This chart illustrates how Shenzhen Textile Holdings 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 Textile Holdings Co Ltd (1991–2024)
The table below shows the annual net assets of Shenzhen Textile Holdings Co Ltd from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$4.24 Billion | +3.00% |
| 2023-12-31 | HK$4.11 Billion | +2.01% |
| 2022-12-31 | HK$4.03 Billion | +1.70% |
| 2021-12-31 | HK$3.96 Billion | +1.65% |
| 2020-12-31 | HK$3.90 Billion | +1.16% |
| 2019-12-31 | HK$3.85 Billion | +11.42% |
| 2018-12-31 | HK$3.46 Billion | -1.80% |
| 2017-12-31 | HK$3.52 Billion | +2.41% |
| 2016-12-31 | HK$3.44 Billion | +58.20% |
| 2015-12-31 | HK$2.17 Billion | -0.99% |
| 2014-12-31 | HK$2.20 Billion | -4.42% |
| 2013-12-31 | HK$2.30 Billion | +76.35% |
| 2012-12-31 | HK$1.30 Billion | -4.86% |
| 2011-12-31 | HK$1.37 Billion | +1.76% |
| 2010-12-31 | HK$1.35 Billion | +172.88% |
| 2009-12-31 | HK$493.25 Million | +18.22% |
| 2008-12-31 | HK$417.23 Million | -6.37% |
| 2007-12-31 | HK$445.61 Million | +0.96% |
| 2006-12-31 | HK$441.36 Million | -0.59% |
| 2005-12-31 | HK$443.96 Million | +3.08% |
| 2004-12-31 | HK$430.71 Million | +2.00% |
| 2003-12-31 | HK$422.28 Million | +14.20% |
| 2002-12-31 | HK$369.77 Million | +3.98% |
| 2001-12-31 | HK$355.63 Million | +8.53% |
| 2000-12-31 | HK$327.67 Million | +21.65% |
| 1999-12-31 | HK$269.36 Million | +11.02% |
| 1998-12-31 | HK$242.62 Million | -42.07% |
| 1997-12-31 | HK$418.83 Million | +4.10% |
| 1996-12-31 | HK$402.33 Million | -0.20% |
| 1995-12-31 | HK$403.13 Million | -0.48% |
| 1994-12-31 | HK$405.07 Million | -- |
| 1993-12-31 | HK$0.00 | -- |
| 1992-12-31 | HK$71.92 Million | -- |
| 1991-12-31 | HK$0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Textile Holdings 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 27260811300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$272.61 Million | 9.24% |
| Common Stock | HK$506.52 Million | 17.16% |
| Other Components | HK$2.17 Billion | 73.61% |
| Total Equity | HK$2.95 Billion | 100.00% |
Shenzhen Textile Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Textile Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Core Molding Technologies Inc
NYSE MKT:CMT
|
$148.03 Million |
|
Draganfly Inc
NASDAQ:DPRO
|
$148.04 Million |
|
Comintel Corporation Berhad
KLSE:7195
|
$148.06 Million |
|
Limes Schlosskliniken AG
XETRA:LIK
|
$148.07 Million |
|
Te Chang Construction Co Ltd
TWO:5511
|
$147.99 Million |
|
Green Cross Lab Cell Corporation
KQ:144510
|
$147.96 Million |
|
Heilongjiang Publishing & Media Co Ltd
SHG:605577
|
$147.86 Million |
|
STRATUS PROPERTIES DL-01
F:SR5
|
$147.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Textile Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,882,152,266 to 2,951,869,910, a change of 69,717,644 (2.4%).
- Net income of 89,371,134 contributed positively to equity growth.
- Dividend payments of 50,633,653 reduced retained earnings.
- Other factors increased equity by 30,980,163.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$89.37 Million | +3.03% |
| Dividends Paid | HK$50.63 Million | -1.72% |
| Other Changes | HK$30.98 Million | +1.05% |
| Total Change | HK$- | 2.42% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Textile Holdings 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: 0.80x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 16.04x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | HK$0.29 | HK$4.64 | x |
| 1992-12-31 | HK$0.29 | HK$4.64 | x |
| 1993-12-31 | HK$0.48 | HK$4.64 | x |
| 1994-12-31 | HK$1.72 | HK$4.64 | x |
| 1995-12-31 | HK$1.72 | HK$4.64 | x |
| 1996-12-31 | HK$1.72 | HK$4.64 | x |
| 1997-12-31 | HK$1.80 | HK$4.64 | x |
| 1998-12-31 | HK$1.01 | HK$4.64 | x |
| 1999-12-31 | HK$1.11 | HK$4.64 | x |
| 2000-12-31 | HK$1.20 | HK$4.64 | x |
| 2001-12-31 | HK$1.31 | HK$4.64 | x |
| 2002-12-31 | HK$2.00 | HK$4.64 | x |
| 2003-12-31 | HK$2.23 | HK$4.64 | x |
| 2004-12-31 | HK$2.21 | HK$4.64 | x |
| 2005-12-31 | HK$1.49 | HK$4.64 | x |
| 2006-12-31 | HK$1.46 | HK$4.64 | x |
| 2007-12-31 | HK$1.57 | HK$4.64 | x |
| 2008-12-31 | HK$1.72 | HK$4.64 | x |
| 2009-12-31 | HK$2.08 | HK$4.64 | x |
| 2010-12-31 | HK$4.63 | HK$4.64 | x |
| 2011-12-31 | HK$4.20 | HK$4.64 | x |
| 2012-12-31 | HK$3.86 | HK$4.64 | x |
| 2013-12-31 | HK$4.87 | HK$4.64 | x |
| 2014-12-31 | HK$4.25 | HK$4.64 | x |
| 2015-12-31 | HK$5.12 | HK$4.64 | x |
| 2016-12-31 | HK$4.56 | HK$4.64 | x |
| 2017-12-31 | HK$4.54 | HK$4.64 | x |
| 2018-12-31 | HK$4.13 | HK$4.64 | x |
| 2019-12-31 | HK$5.39 | HK$4.64 | x |
| 2020-12-31 | HK$5.46 | HK$4.64 | x |
| 2021-12-31 | HK$5.56 | HK$4.64 | x |
| 2022-12-31 | HK$5.63 | HK$4.64 | x |
| 2023-12-31 | HK$5.82 | HK$4.64 | x |
| 2024-12-31 | HK$5.83 | HK$4.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Textile Holdings Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.68%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.77x
- Recent ROE (3.03%) is below the historical average (3.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 8.35% | 2.43% | 0.68x | 5.02x | HK$-1.10 Million |
| 1992 | 30.08% | 5.82% | 0.69x | 7.54x | HK$13.52 Million |
| 1993 | 37.66% | 13.17% | 0.65x | 4.42x | HK$30.89 Million |
| 1994 | 8.52% | 12.01% | 0.41x | 1.74x | HK$-5.88 Million |
| 1995 | 5.10% | 7.35% | 0.39x | 1.79x | HK$-19.44 Million |
| 1996 | 3.98% | 8.11% | 0.27x | 1.83x | HK$-23.97 Million |
| 1997 | 4.29% | 8.47% | 0.28x | 1.80x | HK$-23.74 Million |
| 1998 | -51.26% | -77.75% | 0.27x | 2.44x | HK$-142.44 Million |
| 1999 | 8.13% | 10.00% | 0.33x | 2.45x | HK$-4.79 Million |
| 2000 | 8.16% | 7.76% | 0.42x | 2.50x | HK$-5.12 Million |
| 2001 | 8.30% | 7.33% | 0.47x | 2.42x | HK$-5.16 Million |
| 2002 | 0.39% | 0.26% | 0.61x | 2.45x | HK$-29.29 Million |
| 2003 | 10.06% | 7.54% | 0.64x | 2.09x | HK$192.61K |
| 2004 | 8.00% | 6.01% | 0.67x | 1.99x | HK$-6.75 Million |
| 2005 | 6.29% | 5.52% | 0.59x | 1.92x | HK$-12.75 Million |
| 2006 | 1.99% | 1.21% | 0.84x | 1.95x | HK$-27.11 Million |
| 2007 | 3.18% | 2.36% | 0.72x | 1.87x | HK$-24.78 Million |
| 2008 | 11.02% | 12.63% | 0.64x | 1.36x | HK$4.27 Million |
| 2009 | 7.71% | 7.79% | 0.61x | 1.63x | HK$-11.31 Million |
| 2010 | 3.02% | 6.38% | 0.39x | 1.23x | HK$-93.89 Million |
| 2011 | 3.57% | 6.86% | 0.39x | 1.32x | HK$-88.05 Million |
| 2012 | -6.22% | -9.58% | 0.45x | 1.44x | HK$-211.29 Million |
| 2013 | 2.06% | 4.17% | 0.40x | 1.24x | HK$-182.56 Million |
| 2014 | -5.17% | -9.38% | 0.43x | 1.29x | HK$-333.22 Million |
| 2015 | 0.39% | 0.69% | 0.41x | 1.37x | HK$-208.96 Million |
| 2016 | -3.73% | -7.28% | 0.29x | 1.76x | HK$-321.23 Million |
| 2017 | 2.20% | 3.58% | 0.35x | 1.75x | HK$-186.97 Million |
| 2018 | -0.97% | -1.81% | 0.28x | 1.95x | HK$-260.31 Million |
| 2019 | -0.68% | -0.86% | 0.48x | 1.66x | HK$-291.30 Million |
| 2020 | 1.35% | 1.77% | 0.42x | 1.80x | HK$-239.36 Million |
| 2021 | 1.98% | 2.43% | 0.41x | 1.98x | HK$-225.95 Million |
| 2022 | 3.92% | 3.94% | 0.51x | 1.97x | HK$-173.13 Million |
| 2023 | 2.75% | 2.57% | 0.55x | 1.96x | HK$-208.95 Million |
| 2024 | 3.03% | 2.68% | 0.64x | 1.77x | HK$-205.82 Million |
Industry Comparison
This section compares Shenzhen Textile Holdings Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Textile Holdings Co Ltd (200045) | HK$4.25 Billion | 8.35% | 0.25x | $147.99 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |