Shenzhen Zqgame (300052) - Net Assets
Based on the latest financial reports, Shenzhen Zqgame (300052) has net assets worth CN¥326.27 Million CNY (≈ $47.74 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¥692.84 Million ≈ $101.38 Million USD) and total liabilities (CN¥366.57 Million ≈ $53.64 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. Also explore 300052 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥326.27 Million |
| % of Total Assets | 47.09% |
| Annual Growth Rate | 19.14% |
| 5-Year Change | -46.14% |
| 10-Year Change | -65.09% |
| Growth Volatility | 156.38 |
Shenzhen Zqgame - Net Assets Trend (2006–2025)
This chart illustrates how Shenzhen Zqgame's net assets have evolved over time, based on quarterly financial data. Check Shenzhen Zqgame (300052) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shenzhen Zqgame (2006–2025)
The table below shows the annual net assets of Shenzhen Zqgame from 2006 to 2025. For live valuation and market cap data, see Shenzhen Zqgame market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥340.78 Million ≈ $49.87 Million |
-12.04% |
| 2024-12-31 | CN¥387.42 Million ≈ $56.69 Million |
-15.65% |
| 2023-12-31 | CN¥459.28 Million ≈ $67.21 Million |
-15.04% |
| 2022-12-31 | CN¥540.60 Million ≈ $79.11 Million |
-14.57% |
| 2021-12-31 | CN¥632.77 Million ≈ $92.59 Million |
-9.58% |
| 2020-12-31 | CN¥699.82 Million ≈ $102.41 Million |
-16.89% |
| 2019-12-31 | CN¥842.05 Million ≈ $123.22 Million |
+10.08% |
| 2018-12-31 | CN¥764.96 Million ≈ $111.94 Million |
-2.37% |
| 2017-12-31 | CN¥783.57 Million ≈ $114.66 Million |
-19.73% |
| 2016-12-31 | CN¥976.20 Million ≈ $142.85 Million |
-5.65% |
| 2015-12-31 | CN¥1.03 Billion ≈ $151.40 Million |
+3.53% |
| 2014-12-31 | CN¥999.31 Million ≈ $146.23 Million |
-0.41% |
| 2013-12-31 | CN¥1.00 Billion ≈ $146.83 Million |
+9.14% |
| 2012-12-31 | CN¥919.33 Million ≈ $134.53 Million |
+1.42% |
| 2011-12-31 | CN¥906.46 Million ≈ $132.64 Million |
+1.09% |
| 2010-12-31 | CN¥896.71 Million ≈ $131.22 Million |
+426.72% |
| 2009-12-31 | CN¥170.25 Million ≈ $24.91 Million |
+21.28% |
| 2008-12-31 | CN¥140.38 Million ≈ $20.54 Million |
+573.12% |
| 2007-12-31 | CN¥20.85 Million ≈ $3.05 Million |
+70.55% |
| 2006-12-31 | CN¥12.23 Million ≈ $1.79 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 16036.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥619.84 Million | 172.73% |
| Total Equity | CN¥358.84 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 |
|---|---|
|
ZKH Group Limited
NYSE:ZKH
|
$378.71 Million |
|
St Barbara Limited
F:BM1
|
$378.77 Million |
|
Luoyang Jalon Micro-Nano New Materials Co Ltd
SHG:688357
|
$378.79 Million |
|
Suzhou Industrial Park Heshun Electric Co Ltd
SHE:300141
|
$378.82 Million |
|
Yunnan Jianzhijia Health-Chain Co Ltd
SHG:605266
|
$378.57 Million |
|
Shenzhen Xinhao Photoelectricity Technology Co. Ltd
SHE:301051
|
$378.53 Million |
|
Sesoda Corp
TW:1708
|
$378.52 Million |
|
Swedencare publ AB
ST:SECARE
|
$378.43 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 2024 to 2025, total equity changed from 405,893,338 to 358,841,790, a change of -47,051,548 (-11.6%).
- Net loss of 55,076,191 reduced equity.
- Dividend payments of 322,193 reduced retained earnings.
- Other comprehensive income decreased equity by 82,513,511.
- Other factors increased equity by 90,860,346.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-55.08 Million | -15.35% |
| Dividends Paid | CN¥322.19K | -0.09% |
| Other Comprehensive Income | CN¥-82.51 Million | -22.99% |
| Other Changes | CN¥90.86 Million | +25.32% |
| Total Change | CN¥- | -11.59% |
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: 7.21x
- 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 114.99x to 7.21x 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¥9.88 | x |
| 2007-12-31 | CN¥0.15 | CN¥9.88 | x |
| 2008-12-31 | CN¥0.94 | CN¥9.88 | x |
| 2009-12-31 | CN¥0.87 | CN¥9.88 | x |
| 2010-12-31 | CN¥3.65 | CN¥9.88 | x |
| 2011-12-31 | CN¥3.35 | CN¥9.88 | x |
| 2012-12-31 | CN¥3.44 | CN¥9.88 | x |
| 2013-12-31 | CN¥3.52 | CN¥9.88 | x |
| 2014-12-31 | CN¥3.35 | CN¥9.88 | x |
| 2015-12-31 | CN¥3.84 | CN¥9.88 | x |
| 2016-12-31 | CN¥3.66 | CN¥9.88 | x |
| 2017-12-31 | CN¥2.84 | CN¥9.88 | x |
| 2018-12-31 | CN¥2.89 | CN¥9.88 | x |
| 2019-12-31 | CN¥3.23 | CN¥9.88 | x |
| 2020-12-31 | CN¥2.68 | CN¥9.88 | x |
| 2021-12-31 | CN¥2.37 | CN¥9.88 | x |
| 2022-12-31 | CN¥2.12 | CN¥9.88 | x |
| 2023-12-31 | CN¥1.83 | CN¥9.88 | x |
| 2024-12-31 | CN¥1.54 | CN¥9.88 | x |
| 2025-12-31 | CN¥1.37 | CN¥9.88 | 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): -15.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.99%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.03x
- Recent ROE (-15.35%) is below the historical average (4.02%), 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 | -3.83% | -9.63% | 0.34x | 1.16x | CN¥-131.35 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 | -19.38% | -45.93% | 0.28x | 1.51x | CN¥-204.61 Million |
| 2021 | -6.32% | -12.00% | 0.31x | 1.68x | CN¥-104.29 Million |
| 2022 | -10.40% | -21.36% | 0.29x | 1.69x | CN¥-115.15 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 |
| 2025 | -15.35% | -29.99% | 0.25x | 2.03x | CN¥-90.96 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: $3,632,151,610
- Average return on equity (ROE) among peers: 9.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Zqgame (300052) | CN¥326.27 Million | 34.92% | 1.12x | $378.58 Million |
| YOUZU Interactive Co Ltd (002174) | $4.54 Billion | -13.98% | 0.38x | $1.62 Billion |
| Dalian Zeus Entertainment (002354) | $113.21 Million | 25.34% | 1.11x | $1.58 Billion |
| Kaiser China Holding Co Ltd (002425) | $1.62 Billion | 0.40% | 0.10x | $394.77 Million |
| Kingnet Network Co Ltd (002517) | $5.24 Billion | 27.90% | 0.26x | $5.37 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $72.64 Million | 35.37% | 1.75x | $6.45 Billion |
| Giant Network Group Co Ltd (002558) | $11.73 Billion | 9.26% | 0.14x | $8.29 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $1.65 Billion | 4.93% | 0.26x | $14.72 Billion |
| Beijing Ultrapower Software (300002) | $5.79 Billion | 15.33% | 0.18x | $2.46 Billion |
| Hangzhou Shunwang Tech (300113) | $1.94 Billion | -20.94% | 0.18x | $1.80 Billion |
About 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.