Centre Testing Intl Shenzhen (300012) - Net Assets

Latest as of March 2026: CN¥8.11 Billion CNY ≈ $1.19 Billion USD

Based on the latest financial reports, Centre Testing Intl Shenzhen (300012) has net assets worth CN¥8.11 Billion CNY (≈ $1.19 Billion 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¥10.35 Billion ≈ $1.52 Billion USD) and total liabilities (CN¥2.25 Billion ≈ $328.67 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 Centre Testing Intl Shenzhen tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.11 Billion
% of Total Assets	78.31%
Annual Growth Rate	30.79%
5-Year Change	73.35%
10-Year Change	221.11%
Growth Volatility	100.01

Centre Testing Intl Shenzhen - Net Assets Trend (2006–2025)

This chart illustrates how Centre Testing Intl Shenzhen's net assets have evolved over time, based on quarterly financial data. See 300012 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Centre Testing Intl Shenzhen (2006–2025)

The table below shows the annual net assets of Centre Testing Intl Shenzhen from 2006 to 2025. For live valuation and market cap data, see 300012 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥7.90 Billion ≈ $1.16 Billion	+10.33%
2024-12-31	CN¥7.16 Billion ≈ $1.05 Billion	+11.55%
2023-12-31	CN¥6.42 Billion ≈ $939.33 Million	+13.14%
2022-12-31	CN¥5.67 Billion ≈ $830.24 Million	+24.49%
2021-12-31	CN¥4.56 Billion ≈ $666.92 Million	+18.89%
2020-12-31	CN¥3.83 Billion ≈ $560.96 Million	+19.48%
2019-12-31	CN¥3.21 Billion ≈ $469.49 Million	+15.62%
2018-12-31	CN¥2.77 Billion ≈ $406.06 Million	+9.34%
2017-12-31	CN¥2.54 Billion ≈ $371.36 Million	+3.14%
2016-12-31	CN¥2.46 Billion ≈ $360.04 Million	+68.58%
2015-12-31	CN¥1.46 Billion ≈ $213.58 Million	+12.94%
2014-12-31	CN¥1.29 Billion ≈ $189.11 Million	+31.05%
2013-12-31	CN¥986.10 Million ≈ $144.30 Million	+15.18%
2012-12-31	CN¥856.11 Million ≈ $125.28 Million	+8.31%
2011-12-31	CN¥790.41 Million ≈ $115.66 Million	+8.89%
2010-12-31	CN¥725.91 Million ≈ $106.22 Million	+4.30%
2009-12-31	CN¥695.99 Million ≈ $101.84 Million	+459.76%
2008-12-31	CN¥124.34 Million ≈ $18.19 Million	+36.18%
2007-12-31	CN¥91.30 Million ≈ $13.36 Million	+89.56%
2006-12-31	CN¥48.16 Million ≈ $7.05 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Centre Testing Intl Shenzhen'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 34325.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥5.25 Billion	68.37%
Other Components	CN¥2.43 Billion	31.63%
Total Equity	CN¥7.67 Billion	100.00%

Centre Testing Intl Shenzhen Competitors by Market Cap

The table below lists competitors of Centre Testing Intl Shenzhen ranked by their market capitalization.

Company	Market Cap
Henzhen Zhaowei Machinery And Elect SHE:003021	$3.45 Billion
Topaz Energy Corp TO:TPZ	$3.45 Billion
Caida Securities Co Ltd SHG:600906	$3.45 Billion
ROCKWOOL International A/S CO:ROCK-A	$3.45 Billion
Hualan Biological EngineeringInc SHE:002007	$3.45 Billion
Grandblue Environment Co Ltd SHG:600323	$3.45 Billion
LegoChem Biosciences Inc KQ:141080	$3.45 Billion
Schibsted ASA A OL:SCHA	$3.45 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Centre Testing Intl Shenzhen's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,913,388,893 to 7,673,017,639, a change of 759,628,746 (11.0%).
Net income of 1,016,418,094 contributed positively to equity growth.
Dividend payments of 253,637,819 reduced retained earnings.
Other comprehensive income decreased equity by 472,207,051.
Other factors increased equity by 469,055,522.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.02 Billion	+13.25%
Dividends Paid	CN¥253.64 Million	-3.31%
Other Comprehensive Income	CN¥-472.21 Million	-6.15%
Other Changes	CN¥469.06 Million	+6.11%
Total Change	CN¥-	10.99%

Book Value vs Market Value Analysis

This analysis compares Centre Testing Intl Shenzhen'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: 3.07x
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 320.24x to 3.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.04	CN¥14.00	x
2007-12-31	CN¥0.08	CN¥14.00	x
2008-12-31	CN¥0.11	CN¥14.00	x
2009-12-31	CN¥0.61	CN¥14.00	x
2010-12-31	CN¥0.49	CN¥14.00	x
2011-12-31	CN¥0.53	CN¥14.00	x
2012-12-31	CN¥0.58	CN¥14.00	x
2013-12-31	CN¥0.65	CN¥14.00	x
2014-12-31	CN¥0.85	CN¥14.00	x
2015-12-31	CN¥0.95	CN¥14.00	x
2016-12-31	CN¥1.89	CN¥14.00	x
2017-12-31	CN¥1.49	CN¥14.00	x
2018-12-31	CN¥1.64	CN¥14.00	x
2019-12-31	CN¥1.89	CN¥14.00	x
2020-12-31	CN¥2.24	CN¥14.00	x
2021-12-31	CN¥2.66	CN¥14.00	x
2022-12-31	CN¥3.26	CN¥14.00	x
2023-12-31	CN¥3.73	CN¥14.00	x
2024-12-31	CN¥4.13	CN¥14.00	x
2025-12-31	CN¥4.56	CN¥14.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Centre Testing Intl Shenzhen 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): 13.25%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.35%
• Asset Turnover: 0.64x
• Equity Multiplier: 1.35x
Recent ROE (13.25%) is below the historical average (15.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	36.39%	25.43%	1.24x	1.15x	CN¥12.71 Million
2007	43.58%	32.79%	1.05x	1.27x	CN¥30.66 Million
2008	30.87%	18.91%	1.01x	1.62x	CN¥25.95 Million
2009	8.13%	22.52%	0.34x	1.06x	CN¥-13.05 Million
2010	9.50%	19.31%	0.46x	1.07x	CN¥-3.63 Million
2011	12.26%	19.13%	0.59x	1.09x	CN¥17.66 Million
2012	13.91%	19.10%	0.64x	1.13x	CN¥33.08 Million
2013	15.39%	19.26%	0.67x	1.19x	CN¥52.44 Million
2014	11.49%	15.78%	0.58x	1.25x	CN¥18.98 Million
2015	12.64%	14.02%	0.68x	1.32x	CN¥37.72 Million
2016	4.23%	6.15%	0.53x	1.30x	CN¥-138.58 Million
2017	5.38%	6.32%	0.60x	1.41x	CN¥-115.06 Million
2018	9.94%	10.07%	0.66x	1.49x	CN¥-1.76 Million
2019	15.14%	14.97%	0.72x	1.41x	CN¥161.68 Million
2020	15.43%	16.19%	0.63x	1.50x	CN¥203.18 Million
2021	16.74%	17.24%	0.67x	1.45x	CN¥300.46 Million
2022	16.49%	17.59%	0.66x	1.43x	CN¥355.18 Million
2023	14.67%	16.24%	0.64x	1.41x	CN¥289.67 Million
2024	13.32%	15.14%	0.64x	1.37x	CN¥229.73 Million
2025	13.25%	15.35%	0.64x	1.35x	CN¥249.12 Million

Industry Comparison

This section compares Centre Testing Intl Shenzhen's net assets metrics with peer companies in the Consulting Services industry.

Industry Context

Industry: Consulting Services
Average net assets among peers: $318,821,418
Average return on equity (ROE) among peers: 6.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Centre Testing Intl Shenzhen (300012)	CN¥8.11 Billion	36.39%	0.28x	$3.45 Billion
Grg Metrology (002967)	$78.10 Million	15.17%	1.06x	$1.69 Billion
Shanghai HYP-ARCH Architectural Design Consultant Co.Ltd. (301024)	$560.62 Million	-18.70%	0.38x	$407.63 Million
China Building Material (603060)	$317.74 Million	24.50%	0.86x	$884.69 Million

About Centre Testing Intl Shenzhen

SHE:300012 China Consulting Services

Market Cap

$3.45 Billion

CN¥23.56 Billion CNY

Market Cap Rank

#4620 Global

#811 in China

Share Price

CN¥14.00

Change (1 day)

-2.85%

52-Week Range

CN¥11.38 - CN¥17.33

All Time High

CN¥34.69