Shenzhen Kingsun Science Tech
Shenzhen Fangzhi Technology Equity Co., Ltd., together with its subsidiaries, provides synchronous and matching educational software and comprehensive online system services or primary and secondary school teachers and students in China. The company offers student products and services comprising synchronous learning, LinKid English AI interactive class, elementary school English interactive read… Read more
Shenzhen Kingsun Science Tech (300235) - Net Assets
Latest net assets as of September 2025: CN¥698.67 Million CNY
Based on the latest financial reports, Shenzhen Kingsun Science Tech (300235) has net assets worth CN¥698.67 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¥711.22 Million) and total liabilities (CN¥12.56 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¥698.67 Million |
| % of Total Assets | 98.23% |
| Annual Growth Rate | 26.49% |
| 5-Year Change | 8.35% |
| 10-Year Change | 107.63% |
| Growth Volatility | 63.12 |
Shenzhen Kingsun Science Tech - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Kingsun Science 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 Kingsun Science Tech (2007–2024)
The table below shows the annual net assets of Shenzhen Kingsun Science Tech from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥703.63 Million | -0.65% |
| 2023-12-31 | CN¥708.20 Million | +3.73% |
| 2022-12-31 | CN¥682.75 Million | +2.97% |
| 2021-12-31 | CN¥663.06 Million | +2.10% |
| 2020-12-31 | CN¥649.42 Million | +3.63% |
| 2019-12-31 | CN¥626.68 Million | +5.38% |
| 2018-12-31 | CN¥594.66 Million | +2.08% |
| 2017-12-31 | CN¥582.55 Million | +67.48% |
| 2016-12-31 | CN¥347.83 Million | +2.64% |
| 2015-12-31 | CN¥338.88 Million | +1.65% |
| 2014-12-31 | CN¥333.37 Million | +4.51% |
| 2013-12-31 | CN¥319.00 Million | +7.88% |
| 2012-12-31 | CN¥295.69 Million | +4.33% |
| 2011-12-31 | CN¥283.42 Million | +247.17% |
| 2010-12-31 | CN¥81.64 Million | +53.36% |
| 2009-12-31 | CN¥53.23 Million | +97.39% |
| 2008-12-31 | CN¥26.97 Million | +108.41% |
| 2007-12-31 | CN¥12.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Kingsun Science 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 5365.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥227.42 Million | 32.32% |
| Common Stock | CN¥251.75 Million | 35.78% |
| Other Components | CN¥224.51 Million | 31.91% |
| Total Equity | CN¥703.68 Million | 100.00% |
Shenzhen Kingsun Science Tech Competitors by Market Cap
The table below lists competitors of Shenzhen Kingsun Science Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gateway Distriparks Limited
NSE:GATEWAY
|
$275.16 Million |
|
Shenzhen Heungkong Holding Co Ltd
SHG:600162
|
$275.23 Million |
|
TXT e-solutions S.p.A.
LSE:0NLD
|
$275.28 Million |
|
Prisma Properties
ST:PRISMA
|
$275.40 Million |
|
G City Ltd
PINK:GZTGF
|
$275.11 Million |
|
Yuanta Securities Korea Co Ltd Preference Shares
KO:003475
|
$275.10 Million |
|
Opple Lighting Co Ltd
SHG:603515
|
$275.03 Million |
|
International Personal Finance plc
PINK:IPFPF
|
$274.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Kingsun Science Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 708,198,717 to 703,681,294, a change of -4,517,423 (-0.6%).
- Net income of 17,374,141 contributed positively to equity growth.
- Dividend payments of 12,587,125 reduced retained earnings.
- Share repurchases of 9,999,734 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥17.37 Million | +2.47% |
| Dividends Paid | CN¥12.59 Million | -1.79% |
| Share Repurchases | CN¥10.00 Million | -1.42% |
| Other Changes | CN¥695.29K | +0.1% |
| Total Change | CN¥- | -0.64% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Kingsun Science 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: 4.50x
- 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 43.07x to 4.50x 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¥0.30 | CN¥12.77 | x |
| 2008-12-31 | CN¥0.62 | CN¥12.77 | x |
| 2009-12-31 | CN¥0.33 | CN¥12.77 | x |
| 2010-12-31 | CN¥0.46 | CN¥12.77 | x |
| 2011-12-31 | CN¥1.35 | CN¥12.77 | x |
| 2012-12-31 | CN¥1.25 | CN¥12.77 | x |
| 2013-12-31 | CN¥1.37 | CN¥12.77 | x |
| 2014-12-31 | CN¥2.15 | CN¥12.77 | x |
| 2015-12-31 | CN¥1.42 | CN¥12.77 | x |
| 2016-12-31 | CN¥1.44 | CN¥12.77 | x |
| 2017-12-31 | CN¥2.20 | CN¥12.77 | x |
| 2018-12-31 | CN¥2.25 | CN¥12.77 | x |
| 2019-12-31 | CN¥2.49 | CN¥12.77 | x |
| 2020-12-31 | CN¥2.58 | CN¥12.77 | x |
| 2021-12-31 | CN¥2.63 | CN¥12.77 | x |
| 2022-12-31 | CN¥2.71 | CN¥12.77 | x |
| 2023-12-31 | CN¥2.89 | CN¥12.77 | x |
| 2024-12-31 | CN¥2.84 | CN¥12.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Kingsun Science 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): 2.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.85%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.03x
- Recent ROE (2.47%) is below the historical average (15.84%), 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 | 76.82% | 37.32% | 1.12x | 1.84x | CN¥8.65 Million |
| 2008 | 51.37% | 32.62% | 1.10x | 1.43x | CN¥11.16 Million |
| 2009 | 44.98% | 39.74% | 1.01x | 1.12x | CN¥18.62 Million |
| 2010 | 43.37% | 43.49% | 0.84x | 1.18x | CN¥27.24 Million |
| 2011 | 8.80% | 33.11% | 0.26x | 1.03x | CN¥-3.39 Million |
| 2012 | 7.13% | 27.29% | 0.25x | 1.04x | CN¥-8.50 Million |
| 2013 | 7.31% | 31.05% | 0.22x | 1.05x | CN¥-8.59 Million |
| 2014 | 6.51% | 26.22% | 0.23x | 1.06x | CN¥-11.62 Million |
| 2015 | 6.30% | 21.47% | 0.27x | 1.09x | CN¥-12.54 Million |
| 2016 | 5.09% | 18.24% | 0.26x | 1.07x | CN¥-17.02 Million |
| 2017 | 1.52% | 8.78% | 0.17x | 1.05x | CN¥-49.39 Million |
| 2018 | 2.07% | 11.48% | 0.17x | 1.05x | CN¥-47.13 Million |
| 2019 | 5.14% | 29.53% | 0.17x | 1.05x | CN¥-30.47 Million |
| 2020 | 4.80% | 25.50% | 0.18x | 1.05x | CN¥-33.75 Million |
| 2021 | 3.45% | 20.51% | 0.16x | 1.03x | CN¥-43.44 Million |
| 2022 | 3.42% | 21.65% | 0.15x | 1.03x | CN¥-44.94 Million |
| 2023 | 4.50% | 31.33% | 0.14x | 1.02x | CN¥-38.94 Million |
| 2024 | 2.47% | 18.85% | 0.13x | 1.03x | CN¥-52.99 Million |
Industry Comparison
This section compares Shenzhen Kingsun Science Tech's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,048,736,079
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Kingsun Science Tech (300235) | CN¥698.67 Million | 76.82% | 0.02x | $275.15 Million |
| Digital China Information Service Co Ltd (000555) | $-125.57 Million | 0.00% | 0.00x | $1.17 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.06 Billion |
| YGSOFT Inc (002063) | $2.10 Billion | 8.22% | 0.19x | $1.26 Billion |
| Dhc Software Co Ltd (002065) | $8.61 Billion | 13.26% | 0.30x | $2.40 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $322.94 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $51.79 Million | 15.64% | 0.90x | $953.24 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.13 Billion | 23.47% | 0.16x | $1.00 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.18 Billion | 7.45% | 0.12x | $6.64 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.29 Billion |
| Wisesoft Co Ltd (002253) | $171.84 Million | 15.22% | 0.51x | $265.79 Million |