Shenzhen Changhong Tech
Shenzhen Changhong Technology Co., Ltd. provides precision mold design and manufacturing solutions in China and internationally. It offers medical devices and polymer plastic consumables, smart manufacturing products, semiconductor consumables, and mold products. The company was founded in 2001 and is headquartered in Shenzhen, China.
Shenzhen Changhong Tech (300151) - Net Assets
Latest net assets as of September 2025: CN¥1.64 Billion CNY
Based on the latest financial reports, Shenzhen Changhong Tech (300151) has net assets worth CN¥1.64 Billion 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¥2.68 Billion) and total liabilities (CN¥1.04 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 | CN¥1.64 Billion |
| % of Total Assets | 61.28% |
| Annual Growth Rate | 22.32% |
| 5-Year Change | 54.54% |
| 10-Year Change | 104.6% |
| Growth Volatility | 105.81 |
Shenzhen Changhong Tech - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Changhong Tech'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 Changhong Tech (2007–2024)
The table below shows the annual net assets of Shenzhen Changhong Tech from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.66 Billion | -1.89% |
| 2023-12-31 | CN¥1.69 Billion | +25.35% |
| 2022-12-31 | CN¥1.35 Billion | +12.53% |
| 2021-12-31 | CN¥1.20 Billion | +11.66% |
| 2020-12-31 | CN¥1.07 Billion | +21.61% |
| 2019-12-31 | CN¥882.60 Million | -0.92% |
| 2018-12-31 | CN¥890.84 Million | +5.22% |
| 2017-12-31 | CN¥846.61 Million | +1.75% |
| 2016-12-31 | CN¥832.02 Million | +2.63% |
| 2015-12-31 | CN¥810.71 Million | +4.26% |
| 2014-12-31 | CN¥777.61 Million | +5.76% |
| 2013-12-31 | CN¥735.25 Million | +2.13% |
| 2012-12-31 | CN¥719.91 Million | +1.95% |
| 2011-12-31 | CN¥706.13 Million | +0.03% |
| 2010-12-31 | CN¥705.91 Million | +453.77% |
| 2009-12-31 | CN¥127.47 Million | +25.11% |
| 2008-12-31 | CN¥101.89 Million | +88.89% |
| 2007-12-31 | CN¥53.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Changhong Tech'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 5890.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥421.61 Million | 25.85% |
| Common Stock | CN¥532.51 Million | 32.65% |
| Other Components | CN¥676.79 Million | 41.50% |
| Total Equity | CN¥1.63 Billion | 100.00% |
Shenzhen Changhong Tech Competitors by Market Cap
The table below lists competitors of Shenzhen Changhong Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meren Energy Inc.
NASDAQ:MRNFF
|
$693.15 Million |
|
Edelweiss Financial Services Limited
NSE:EDELWEISS
|
$693.26 Million |
|
Rizhao Port Co Ltd
SHG:600017
|
$693.50 Million |
|
Charter Hall Social Infrastructure REIT
PINK:FKKEF
|
$693.51 Million |
|
State Power Rixin Technology Co. Ltd.
SHE:301162
|
$693.14 Million |
|
Leopalace21 Corporation
F:MQI
|
$693.13 Million |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
$693.11 Million |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
$692.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Changhong Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,641,669,572 to 1,630,910,546, a change of -10,759,026 (-0.7%).
- Net income of 101,963,473 contributed positively to equity growth.
- Dividend payments of 72,421,682 reduced retained earnings.
- Share repurchases of 19,145,160 reduced equity.
- Other factors decreased equity by 21,155,657.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥101.96 Million | +6.25% |
| Dividends Paid | CN¥72.42 Million | -4.44% |
| Share Repurchases | CN¥19.15 Million | -1.17% |
| Other Changes | CN¥-21.16 Million | -1.3% |
| Total Change | CN¥- | -0.66% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Changhong Tech'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: 5.64x
- 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 99.01x to 5.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.17 | CN¥17.15 | x |
| 2008-12-31 | CN¥0.29 | CN¥17.15 | x |
| 2009-12-31 | CN¥0.34 | CN¥17.15 | x |
| 2010-12-31 | CN¥1.91 | CN¥17.15 | x |
| 2011-12-31 | CN¥1.42 | CN¥17.15 | x |
| 2012-12-31 | CN¥1.45 | CN¥17.15 | x |
| 2013-12-31 | CN¥1.49 | CN¥17.15 | x |
| 2014-12-31 | CN¥3.90 | CN¥17.15 | x |
| 2015-12-31 | CN¥1.61 | CN¥17.15 | x |
| 2016-12-31 | CN¥1.56 | CN¥17.15 | x |
| 2017-12-31 | CN¥1.68 | CN¥17.15 | x |
| 2018-12-31 | CN¥1.69 | CN¥17.15 | x |
| 2019-12-31 | CN¥1.69 | CN¥17.15 | x |
| 2020-12-31 | CN¥2.10 | CN¥17.15 | x |
| 2021-12-31 | CN¥2.34 | CN¥17.15 | x |
| 2022-12-31 | CN¥2.58 | CN¥17.15 | x |
| 2023-12-31 | CN¥3.11 | CN¥17.15 | x |
| 2024-12-31 | CN¥3.04 | CN¥17.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Changhong Tech 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): 6.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.81%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.51x
- Recent ROE (6.25%) is below the historical average (9.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 37.72% | 22.29% | 0.66x | 2.56x | CN¥14.95 Million |
| 2008 | 22.82% | 16.99% | 0.70x | 1.93x | CN¥13.06 Million |
| 2009 | 22.43% | 15.51% | 0.73x | 1.98x | CN¥15.84 Million |
| 2010 | 5.76% | 14.20% | 0.35x | 1.16x | CN¥-29.94 Million |
| 2011 | 4.78% | 9.84% | 0.42x | 1.15x | CN¥-36.89 Million |
| 2012 | 4.71% | 6.86% | 0.60x | 1.14x | CN¥-38.12 Million |
| 2013 | 4.82% | 5.74% | 0.65x | 1.29x | CN¥-38.08 Million |
| 2014 | 6.66% | 8.94% | 0.61x | 1.23x | CN¥-25.93 Million |
| 2015 | 3.72% | 5.41% | 0.57x | 1.21x | CN¥-50.03 Million |
| 2016 | 3.85% | 5.35% | 0.58x | 1.23x | CN¥-50.22 Million |
| 2017 | 4.18% | 5.79% | 0.61x | 1.17x | CN¥-48.39 Million |
| 2018 | 6.50% | 8.20% | 0.67x | 1.18x | CN¥-30.66 Million |
| 2019 | 7.12% | 8.64% | 0.68x | 1.22x | CN¥-25.03 Million |
| 2020 | 16.20% | 15.10% | 0.84x | 1.28x | CN¥64.60 Million |
| 2021 | 9.64% | 9.92% | 0.59x | 1.64x | CN¥-4.14 Million |
| 2022 | 9.90% | 10.44% | 0.55x | 1.73x | CN¥-1.28 Million |
| 2023 | 1.93% | 3.40% | 0.36x | 1.56x | CN¥-132.51 Million |
| 2024 | 6.25% | 9.81% | 0.42x | 1.51x | CN¥-61.13 Million |
Industry Comparison
This section compares Shenzhen Changhong Tech's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Changhong Tech (300151) | CN¥1.64 Billion | 37.72% | 0.63x | $693.14 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |