Shenzhen Zqgame
Shenzhen Zqgame Co., Ltd engages in the development, operation, and distribution of online games in China. The company provides red games, mobile games, and cloud games. Shenzhen Zqgame Co., Ltd was founded in 2003 and is based in Shenzhen, China.
Shenzhen Zqgame (300052) - Net Assets
Latest net assets as of September 2025: CN¥360.30 Million CNY
Based on the latest financial reports, Shenzhen Zqgame (300052) has net assets worth CN¥360.30 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥800.74 Million) and total liabilities (CN¥440.44 Million). 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 | CN¥360.30 Million |
| % of Total Assets | 45.0% |
| Annual Growth Rate | 21.16% |
| 5-Year Change | -44.64% |
| 10-Year Change | -62.56% |
| Growth Volatility | 159.9 |
Shenzhen Zqgame - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen Zqgame'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 Zqgame (2006–2024)
The table below shows the annual net assets of Shenzhen Zqgame from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥387.42 Million | -15.65% |
| 2023-12-31 | CN¥459.28 Million | -15.04% |
| 2022-12-31 | CN¥540.60 Million | -14.57% |
| 2021-12-31 | CN¥632.77 Million | -9.58% |
| 2020-12-31 | CN¥699.82 Million | -16.89% |
| 2019-12-31 | CN¥842.05 Million | +10.08% |
| 2018-12-31 | CN¥764.96 Million | -2.37% |
| 2017-12-31 | CN¥783.57 Million | -19.73% |
| 2016-12-31 | CN¥976.20 Million | -5.65% |
| 2015-12-31 | CN¥1.03 Billion | +3.53% |
| 2014-12-31 | CN¥999.31 Million | -0.41% |
| 2013-12-31 | CN¥1.00 Billion | +9.14% |
| 2012-12-31 | CN¥919.33 Million | +1.42% |
| 2011-12-31 | CN¥906.46 Million | +1.09% |
| 2010-12-31 | CN¥896.71 Million | +426.72% |
| 2009-12-31 | CN¥170.25 Million | +21.28% |
| 2008-12-31 | CN¥140.38 Million | +573.12% |
| 2007-12-31 | CN¥20.85 Million | +70.55% |
| 2006-12-31 | CN¥12.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Zqgame'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 12673.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥261.86 Million | 64.51% |
| Other Comprehensive Income | CN¥82.51 Million | 20.33% |
| Other Components | CN¥267.45 Million | 65.89% |
| Total Equity | CN¥405.89 Million | 100.00% |
Shenzhen Zqgame Competitors by Market Cap
The table below lists competitors of Shenzhen Zqgame ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grid Dynamics Holdings Inc
NASDAQ:GDYN
|
$384.63 Million |
|
Ironwood Pharmaceuticals Inc
NASDAQ:IRWD
|
$384.72 Million |
|
OSK Holdings Bhd
KLSE:5053
|
$384.91 Million |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
$384.99 Million |
|
Yongan Futures Co.Ltd.
SHG:600927
|
$384.47 Million |
|
Stx Engine
KO:077970
|
$384.42 Million |
|
Shanghai Amarsoft Information & Technolgy Co Ltd
SHE:300380
|
$384.41 Million |
|
Amata Corporation Public Company Limited
BK:AMATA-R
|
$384.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Zqgame's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 478,500,441 to 405,893,338, a change of -72,607,103 (-15.2%).
- Net loss of 52,741,821 reduced equity.
- Dividend payments of 1,857,518 reduced retained earnings.
- Other comprehensive income decreased equity by 19,865,281.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-52.74 Million | -12.99% |
| Dividends Paid | CN¥1.86 Million | -0.46% |
| Other Comprehensive Income | CN¥-19.87 Million | -4.89% |
| Other Changes | CN¥1.86 Million | +0.46% |
| Total Change | CN¥- | -15.17% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Zqgame'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: 8.51x
- 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 152.47x to 8.51x 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¥0.09 | CN¥13.10 | x |
| 2007-12-31 | CN¥0.15 | CN¥13.10 | x |
| 2008-12-31 | CN¥0.94 | CN¥13.10 | x |
| 2009-12-31 | CN¥0.87 | CN¥13.10 | x |
| 2010-12-31 | CN¥3.65 | CN¥13.10 | x |
| 2011-12-31 | CN¥3.35 | CN¥13.10 | x |
| 2012-12-31 | CN¥3.21 | CN¥13.10 | x |
| 2013-12-31 | CN¥3.52 | CN¥13.10 | x |
| 2014-12-31 | CN¥3.35 | CN¥13.10 | x |
| 2015-12-31 | CN¥3.84 | CN¥13.10 | x |
| 2016-12-31 | CN¥3.66 | CN¥13.10 | x |
| 2017-12-31 | CN¥2.84 | CN¥13.10 | x |
| 2018-12-31 | CN¥2.89 | CN¥13.10 | x |
| 2019-12-31 | CN¥3.14 | CN¥13.10 | x |
| 2020-12-31 | CN¥2.68 | CN¥13.10 | x |
| 2021-12-31 | CN¥2.44 | CN¥13.10 | x |
| 2022-12-31 | CN¥2.15 | CN¥13.10 | x |
| 2023-12-31 | CN¥1.83 | CN¥13.10 | x |
| 2024-12-31 | CN¥1.54 | CN¥13.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Zqgame 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): -12.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.22%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.05x
- Recent ROE (-12.99%) is below the historical average (4.71%), 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 | 34.92% | 49.77% | 0.48x | 1.45x | CN¥3.05 Million |
| 2007 | 40.54% | 50.41% | 0.60x | 1.34x | CN¥6.28 Million |
| 2008 | 26.13% | 68.35% | 0.29x | 1.32x | CN¥22.64 Million |
| 2009 | 24.16% | 52.28% | 0.42x | 1.10x | CN¥24.10 Million |
| 2010 | 3.70% | 41.59% | 0.09x | 1.05x | CN¥-56.30 Million |
| 2011 | 1.62% | 10.83% | 0.14x | 1.09x | CN¥-73.95 Million |
| 2012 | 1.87% | 9.02% | 0.19x | 1.10x | CN¥-72.63 Million |
| 2013 | 5.40% | 15.73% | 0.23x | 1.49x | CN¥-43.55 Million |
| 2014 | -2.39% | -4.50% | 0.32x | 1.66x | CN¥-114.27 Million |
| 2015 | 6.51% | 19.00% | 0.27x | 1.25x | CN¥-35.00 Million |
| 2016 | -5.24% | -15.48% | 0.29x | 1.16x | CN¥-144.71 Million |
| 2017 | 6.69% | 16.06% | 0.27x | 1.52x | CN¥-24.88 Million |
| 2018 | 4.85% | 10.89% | 0.27x | 1.64x | CN¥-38.60 Million |
| 2019 | 6.20% | 11.03% | 0.33x | 1.72x | CN¥-31.69 Million |
| 2020 | -19.72% | -46.74% | 0.28x | 1.51x | CN¥-206.98 Million |
| 2021 | -7.79% | -14.02% | 0.33x | 1.68x | CN¥-113.70 Million |
| 2022 | -13.52% | -27.77% | 0.29x | 1.69x | CN¥-132.76 Million |
| 2023 | -11.50% | -21.25% | 0.29x | 1.88x | CN¥-102.90 Million |
| 2024 | -12.99% | -23.22% | 0.27x | 2.05x | CN¥-93.33 Million |
Industry Comparison
This section compares Shenzhen Zqgame's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,523,388,429
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Zqgame (300052) | CN¥360.30 Million | 34.92% | 1.22x | $384.52 Million |
| YOUZU Interactive Co Ltd (002174) | $225.02 Million | 4.38% | 0.54x | $1.27 Billion |
| Dalian Zeus Entertainment (002354) | $2.76 Billion | 1.55% | 0.30x | $1.31 Billion |
| Kaiser China Holding Co Ltd (002425) | $278.18 Million | 20.99% | 0.21x | $367.04 Million |
| Kingnet Network Co Ltd (002517) | $645.22 Million | 9.71% | 0.07x | $4.42 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $13.02 Billion | 20.54% | 0.50x | $4.16 Billion |
| Giant Network Group Co Ltd (002558) | $100.63 Million | 25.98% | 0.77x | $5.15 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $3.99 Billion | 10.21% | 0.27x | $12.35 Billion |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $1.61 Billion |
| Ourpalm (300315) | $881.90 Million | 9.33% | 0.04x | $1.78 Billion |