Shenzhen Changhong Tech (300151) - Net Assets
Based on the latest financial reports, Shenzhen Changhong Tech (300151) has net assets worth CN¥1.64 Billion CNY (≈ $240.19 Million USD) 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 ≈ $391.94 Million USD) and total liabilities (CN¥1.04 Billion ≈ $151.76 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 300151 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shenzhen Changhong Tech total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Shenzhen Changhong Tech worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.66 Billion ≈ $242.72 Million |
-1.89% |
| 2023-12-31 | CN¥1.69 Billion ≈ $247.40 Million |
+25.35% |
| 2022-12-31 | CN¥1.35 Billion ≈ $197.36 Million |
+12.53% |
| 2021-12-31 | CN¥1.20 Billion ≈ $175.38 Million |
+11.66% |
| 2020-12-31 | CN¥1.07 Billion ≈ $157.06 Million |
+21.61% |
| 2019-12-31 | CN¥882.60 Million ≈ $129.15 Million |
-0.92% |
| 2018-12-31 | CN¥890.84 Million ≈ $130.36 Million |
+5.22% |
| 2017-12-31 | CN¥846.61 Million ≈ $123.89 Million |
+1.75% |
| 2016-12-31 | CN¥832.02 Million ≈ $121.75 Million |
+2.63% |
| 2015-12-31 | CN¥810.71 Million ≈ $118.63 Million |
+4.26% |
| 2014-12-31 | CN¥777.61 Million ≈ $113.79 Million |
+5.76% |
| 2013-12-31 | CN¥735.25 Million ≈ $107.59 Million |
+2.13% |
| 2012-12-31 | CN¥719.91 Million ≈ $105.34 Million |
+1.95% |
| 2011-12-31 | CN¥706.13 Million ≈ $103.33 Million |
+0.03% |
| 2010-12-31 | CN¥705.91 Million ≈ $103.30 Million |
+453.77% |
| 2009-12-31 | CN¥127.47 Million ≈ $18.65 Million |
+25.11% |
| 2008-12-31 | CN¥101.89 Million ≈ $14.91 Million |
+88.89% |
| 2007-12-31 | CN¥53.94 Million ≈ $7.89 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 |
|---|---|
|
361 Degrees International Limited
F:36L
|
$1.38 Billion |
|
Nomad Foods Limited
F:0NH
|
$1.38 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
$1.38 Billion |
|
Thai Union Group PCL
BK:TU
|
$1.38 Billion |
|
Faraday Technology Corp
TW:3035
|
$1.38 Billion |
|
Sally Beauty Holdings Inc
NYSE:SBH
|
$1.38 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
$1.38 Billion |
|
LS Materials
KQ:417200
|
$1.38 Billion |
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: 5.82x
- 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 102.18x to 5.82x 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¥17.70 | x |
| 2008-12-31 | CN¥0.29 | CN¥17.70 | x |
| 2009-12-31 | CN¥0.34 | CN¥17.70 | x |
| 2010-12-31 | CN¥1.91 | CN¥17.70 | x |
| 2011-12-31 | CN¥1.42 | CN¥17.70 | x |
| 2012-12-31 | CN¥1.45 | CN¥17.70 | x |
| 2013-12-31 | CN¥1.49 | CN¥17.70 | x |
| 2014-12-31 | CN¥3.90 | CN¥17.70 | x |
| 2015-12-31 | CN¥1.61 | CN¥17.70 | x |
| 2016-12-31 | CN¥1.56 | CN¥17.70 | x |
| 2017-12-31 | CN¥1.68 | CN¥17.70 | x |
| 2018-12-31 | CN¥1.69 | CN¥17.70 | x |
| 2019-12-31 | CN¥1.69 | CN¥17.70 | x |
| 2020-12-31 | CN¥2.10 | CN¥17.70 | x |
| 2021-12-31 | CN¥2.34 | CN¥17.70 | x |
| 2022-12-31 | CN¥2.58 | CN¥17.70 | x |
| 2023-12-31 | CN¥3.11 | CN¥17.70 | x |
| 2024-12-31 | CN¥3.04 | CN¥17.70 | 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: $2,600,803,038
- Average return on equity (ROE) among peers: 8.05%
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 | $1.38 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.63 Billion | 8.78% | 0.95x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $798.46 Million | 1.49% | 1.70x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $671.47 Million | 7.81% | 1.44x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $262.35 Million | 3.86% | 0.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.05 Billion | -7.53% | 1.24x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.65 Billion | 8.43% | 0.86x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $146.05 Million | 29.40% | 2.09x | $3.35 Billion |
About 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.