Shenzhen SEG Co Ltd
Shenzhen SEG Co.,Ltd engages in the operation and management of electronic markets, property management and urban services, new energy, inspection and testing, and real estate development businesses in China. It is also involved in cadmium telluride power generation glass manufacturing; power station investment and photovoltaic building integrated (BIPV) products distribution; and photovoltaic po… Read more
Shenzhen SEG Co Ltd (200058) - Net Assets
Latest net assets as of June 2025: HK$2.48 Billion HKD
Based on the latest financial reports, Shenzhen SEG Co Ltd (200058) has net assets worth HK$2.48 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$5.11 Billion) and total liabilities (HK$2.62 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$2.48 Billion |
| % of Total Assets | 48.62% |
| Annual Growth Rate | 5.46% |
| 5-Year Change | -0.33% |
| 10-Year Change | 47.19% |
| Growth Volatility | 25.1 |
Shenzhen SEG Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Shenzhen SEG 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 SEG Co Ltd (1995–2024)
The table below shows the annual net assets of Shenzhen SEG Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$2.47 Billion | -1.26% |
| 2023-12-31 | HK$2.50 Billion | +2.14% |
| 2022-12-31 | HK$2.45 Billion | -4.70% |
| 2021-12-31 | HK$2.57 Billion | +3.70% |
| 2020-12-31 | HK$2.48 Billion | -1.16% |
| 2019-12-31 | HK$2.51 Billion | +2.48% |
| 2018-12-31 | HK$2.45 Billion | -5.08% |
| 2017-12-31 | HK$2.58 Billion | +46.77% |
| 2016-12-31 | HK$1.76 Billion | +4.65% |
| 2015-12-31 | HK$1.68 Billion | +12.37% |
| 2014-12-31 | HK$1.50 Billion | +4.15% |
| 2013-12-31 | HK$1.44 Billion | +4.62% |
| 2012-12-31 | HK$1.37 Billion | +3.78% |
| 2011-12-31 | HK$1.32 Billion | +12.68% |
| 2010-12-31 | HK$1.17 Billion | +6.06% |
| 2009-12-31 | HK$1.11 Billion | -16.61% |
| 2008-12-31 | HK$1.33 Billion | +1.77% |
| 2007-12-31 | HK$1.30 Billion | -14.22% |
| 2006-12-31 | HK$1.52 Billion | -8.35% |
| 2005-12-31 | HK$1.66 Billion | -12.74% |
| 2004-12-31 | HK$1.90 Billion | +0.39% |
| 2003-12-31 | HK$1.89 Billion | +11.04% |
| 2002-12-31 | HK$1.70 Billion | +12.52% |
| 2001-12-31 | HK$1.52 Billion | -32.02% |
| 2000-12-31 | HK$2.23 Billion | +14.18% |
| 1999-12-31 | HK$1.95 Billion | -2.24% |
| 1998-12-31 | HK$2.00 Billion | +41.56% |
| 1997-12-31 | HK$1.41 Billion | +25.07% |
| 1996-12-31 | HK$1.13 Billion | +112.87% |
| 1995-12-31 | HK$529.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen SEG 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 388.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$409.52 Million | 20.40% |
| Common Stock | HK$1.23 Billion | 61.34% |
| Other Components | HK$366.35 Million | 18.25% |
| Total Equity | HK$2.01 Billion | 100.00% |
Shenzhen SEG Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen SEG Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Francaise de l'Energie
LSE:0RIL
|
$124.46 Million |
|
Accesso Technology Group PLC
PINK:LOQPF
|
$124.47 Million |
|
Roma Green Finance Limited Ordinary Shares
NASDAQ:ROMA
|
$124.49 Million |
|
Espey Mfg & Electronics Corp
NYSE MKT:ESP
|
$124.57 Million |
|
Codere Online US Corp
NASDAQ:CDRO
|
$124.37 Million |
|
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
|
$124.29 Million |
|
462350
KQ:462350
|
$124.29 Million |
|
WHA Utilities and Power Public Company Limited
BK:WHAUP
|
$124.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen SEG Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,006,490,243 to 2,007,073,603, a change of 583,360 (0.0%).
- Net income of 37,561,269 contributed positively to equity growth.
- Dividend payments of 71,902,328 reduced retained earnings.
- Other factors increased equity by 34,924,419.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$37.56 Million | +1.87% |
| Dividends Paid | HK$71.90 Million | -3.58% |
| Other Changes | HK$34.92 Million | +1.74% |
| Total Change | HK$- | 0.03% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen SEG 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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.73x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | HK$0.40 | HK$1.89 | x |
| 1996-12-31 | HK$1.02 | HK$1.89 | x |
| 1997-12-31 | HK$1.31 | HK$1.89 | x |
| 1998-12-31 | HK$1.72 | HK$1.89 | x |
| 1999-12-31 | HK$1.80 | HK$1.89 | x |
| 2000-12-31 | HK$2.14 | HK$1.89 | x |
| 2001-12-31 | HK$1.42 | HK$1.89 | x |
| 2002-12-31 | HK$1.60 | HK$1.89 | x |
| 2003-12-31 | HK$1.79 | HK$1.89 | x |
| 2004-12-31 | HK$1.79 | HK$1.89 | x |
| 2005-12-31 | HK$1.62 | HK$1.89 | x |
| 2006-12-31 | HK$1.49 | HK$1.89 | x |
| 2007-12-31 | HK$1.62 | HK$1.89 | x |
| 2008-12-31 | HK$1.65 | HK$1.89 | x |
| 2009-12-31 | HK$1.29 | HK$1.89 | x |
| 2010-12-31 | HK$1.38 | HK$1.89 | x |
| 2011-12-31 | HK$1.47 | HK$1.89 | x |
| 2012-12-31 | HK$1.52 | HK$1.89 | x |
| 2013-12-31 | HK$1.59 | HK$1.89 | x |
| 2014-12-31 | HK$1.65 | HK$1.89 | x |
| 2015-12-31 | HK$1.88 | HK$1.89 | x |
| 2016-12-31 | HK$1.25 | HK$1.89 | x |
| 2017-12-31 | HK$1.55 | HK$1.89 | x |
| 2018-12-31 | HK$1.51 | HK$1.89 | x |
| 2019-12-31 | HK$1.54 | HK$1.89 | x |
| 2020-12-31 | HK$1.54 | HK$1.89 | x |
| 2021-12-31 | HK$1.60 | HK$1.89 | x |
| 2022-12-31 | HK$1.56 | HK$1.89 | x |
| 2023-12-31 | HK$1.63 | HK$1.89 | x |
| 2024-12-31 | HK$1.63 | HK$1.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen SEG 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.19%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.52x
- Recent ROE (1.87%) is below the historical average (3.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 28.03% | 5.03% | 1.15x | 4.85x | HK$56.75 Million |
| 1996 | 17.73% | 8.61% | 0.76x | 2.69x | HK$62.20 Million |
| 1997 | 21.95% | 13.33% | 0.71x | 2.33x | HK$123.23 Million |
| 1998 | 10.43% | 8.13% | 0.58x | 2.20x | HK$5.78 Million |
| 1999 | 10.36% | 7.78% | 0.48x | 2.78x | HK$5.13 Million |
| 2000 | 0.79% | 0.57% | 0.56x | 2.44x | HK$-154.95 Million |
| 2001 | -30.24% | -17.62% | 0.56x | 3.09x | HK$-450.79 Million |
| 2002 | 8.02% | 4.57% | 0.59x | 2.96x | HK$-24.89 Million |
| 2003 | 12.88% | 7.83% | 0.59x | 2.77x | HK$40.59 Million |
| 2004 | 7.26% | 3.94% | 0.67x | 2.75x | HK$-38.48 Million |
| 2005 | -10.10% | -7.11% | 0.52x | 2.71x | HK$-256.95 Million |
| 2006 | -5.50% | -3.52% | 0.60x | 2.58x | HK$-189.24 Million |
| 2007 | 4.95% | 8.85% | 0.43x | 1.29x | HK$-64.34 Million |
| 2008 | 3.74% | 15.28% | 0.20x | 1.22x | HK$-81.20 Million |
| 2009 | -30.73% | -107.73% | 0.21x | 1.34x | HK$-413.66 Million |
| 2010 | 5.46% | 15.09% | 0.27x | 1.35x | HK$-49.18 Million |
| 2011 | 5.99% | 15.79% | 0.26x | 1.45x | HK$-46.27 Million |
| 2012 | 3.81% | 9.56% | 0.27x | 1.46x | HK$-73.98 Million |
| 2013 | 4.35% | 8.48% | 0.30x | 1.71x | HK$-70.68 Million |
| 2014 | 3.72% | 6.40% | 0.28x | 2.05x | HK$-81.52 Million |
| 2015 | 5.03% | 8.71% | 0.33x | 1.77x | HK$-73.27 Million |
| 2016 | 6.95% | 14.08% | 0.30x | 1.65x | HK$-47.26 Million |
| 2017 | 11.45% | 10.81% | 0.29x | 3.65x | HK$27.83 Million |
| 2018 | 1.49% | 1.73% | 0.23x | 3.82x | HK$-158.94 Million |
| 2019 | 4.13% | 5.25% | 0.24x | 3.26x | HK$-111.49 Million |
| 2020 | 1.36% | 1.85% | 0.24x | 3.06x | HK$-164.65 Million |
| 2021 | 4.98% | 4.95% | 0.35x | 2.84x | HK$-99.65 Million |
| 2022 | 2.08% | 2.19% | 0.34x | 2.76x | HK$-152.77 Million |
| 2023 | 4.51% | 4.64% | 0.36x | 2.68x | HK$-110.18 Million |
| 2024 | 1.87% | 2.19% | 0.34x | 2.52x | HK$-163.15 Million |
Industry Comparison
This section compares Shenzhen SEG Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,653,683,565
- Average return on equity (ROE) among peers: 11.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen SEG Co Ltd (200058) | HK$2.48 Billion | 28.03% | 1.06x | $124.44 Million |
| 5I5j Holding Group Co Ltd (000560) | $290.89 Million | 3.89% | 2.83x | $719.68 Million |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.59 Billion | -3.00% | 0.40x | $285.00 Million |
| Beijing Mainstreets Investment (000609) | $481.69 Million | 6.37% | 0.60x | $299.85 Million |
| Rongfeng Holding Group (000668) | $728.10 Million | 3.50% | 0.98x | $161.59 Million |
| Sanxiang Co Ltd (000863) | $-301.00 Million | 0.00% | 0.00x | $472.85 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $10.57 Billion | 7.95% | 0.80x | $534.54 Million |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $174.14 Million | 46.33% | 0.77x | $455.33 Million |
| Chongqing New Dazheng Property Grp (002968) | $220.04 Million | 32.11% | 0.75x | $152.38 Million |
| Shenzhen SDG Service Co. Ltd. (300917) | $1.13 Billion | 10.65% | 0.59x | $248.07 Million |