Shenzhen Hirisun Technology Inc (300277) - Net Assets
Based on the latest financial reports, Shenzhen Hirisun Technology Inc (300277) has net assets worth CN¥508.37 Million CNY (≈ $74.39 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥685.18 Million ≈ $100.26 Million USD) and total liabilities (CN¥176.80 Million ≈ $25.87 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 financial resilience of Shenzhen Hirisun Technology Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥508.37 Million |
| % of Total Assets | 74.2% |
| Annual Growth Rate | 11.63% |
| 5-Year Change | 2.0% |
| 10-Year Change | 9.64% |
| Growth Volatility | 53.48 |
Shenzhen Hirisun Technology Inc - Net Assets Trend (2008–2024)
This chart illustrates how Shenzhen Hirisun Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore 300277 asset base for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Hirisun Technology Inc (2008–2024)
The table below shows the annual net assets of Shenzhen Hirisun Technology Inc from 2008 to 2024. For live valuation and market cap data, see 300277 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥515.11 Million ≈ $75.38 Million |
+1.04% |
| 2023-12-31 | CN¥509.78 Million ≈ $74.60 Million |
+0.89% |
| 2022-12-31 | CN¥505.30 Million ≈ $73.94 Million |
+0.25% |
| 2021-12-31 | CN¥504.06 Million ≈ $73.76 Million |
-0.18% |
| 2020-12-31 | CN¥504.98 Million ≈ $73.90 Million |
+4.10% |
| 2019-12-31 | CN¥485.07 Million ≈ $70.98 Million |
-1.48% |
| 2018-12-31 | CN¥492.34 Million ≈ $72.05 Million |
+1.32% |
| 2017-12-31 | CN¥485.92 Million ≈ $71.10 Million |
-1.72% |
| 2016-12-31 | CN¥494.43 Million ≈ $72.35 Million |
+5.24% |
| 2015-12-31 | CN¥469.83 Million ≈ $68.75 Million |
+2.47% |
| 2014-12-31 | CN¥458.50 Million ≈ $67.09 Million |
-10.61% |
| 2013-12-31 | CN¥512.94 Million ≈ $75.06 Million |
-7.74% |
| 2012-12-31 | CN¥556.00 Million ≈ $81.36 Million |
+3.96% |
| 2011-12-31 | CN¥534.84 Million ≈ $78.26 Million |
+219.09% |
| 2010-12-31 | CN¥167.62 Million ≈ $24.53 Million |
+40.67% |
| 2009-12-31 | CN¥119.15 Million ≈ $17.44 Million |
+34.47% |
| 2008-12-31 | CN¥88.61 Million ≈ $12.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Hirisun Technology Inc'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 155.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥51.41 Million | 10.45% |
| Other Components | CN¥440.65 Million | 89.55% |
| Total Equity | CN¥492.07 Million | 100.00% |
Shenzhen Hirisun Technology Inc Competitors by Market Cap
The table below lists competitors of Shenzhen Hirisun Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Landai Powertrain Corp Ltd
SHE:002765
|
$898.92 Million |
|
Diamond Power Infrastructure Limited
NSE:DIACABS
|
$899.30 Million |
|
I.E.S Holdings Ltd
TA:IES
|
$899.44 Million |
|
Gentherm Inc
NASDAQ:THRM
|
$899.55 Million |
|
Tips Music Limited
NSE:TIPSMUSIC
|
$898.18 Million |
|
Yalla Group Ltd
NYSE:YALA
|
$897.74 Million |
|
Guangdong Vanward New Electric Co Ltd
SHE:002543
|
$897.70 Million |
|
Client Service International Inc
SHE:300663
|
$897.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Hirisun Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 489,307,944 to 492,066,006, a change of 2,758,062 (0.6%).
- Net income of 9,458,062 contributed positively to equity growth.
- Dividend payments of 6,706,279 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.46 Million | +1.92% |
| Dividends Paid | CN¥6.71 Million | -1.36% |
| Other Changes | CN¥6.28K | +0.0% |
| Total Change | CN¥- | 0.56% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Hirisun Technology Inc'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: 12.48x
- 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 12.65x to 12.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.42 | CN¥17.97 | x |
| 2018-12-31 | CN¥1.43 | CN¥17.97 | x |
| 2019-12-31 | CN¥1.40 | CN¥17.97 | x |
| 2020-12-31 | CN¥1.45 | CN¥17.97 | x |
| 2021-12-31 | CN¥1.45 | CN¥17.97 | x |
| 2022-12-31 | CN¥1.45 | CN¥17.97 | x |
| 2023-12-31 | CN¥1.43 | CN¥17.97 | x |
| 2024-12-31 | CN¥1.44 | CN¥17.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Hirisun Technology Inc 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): 1.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.15%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.37x
- Recent ROE (1.92%) is below the historical average (8.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 30.45% | 12.64% | 1.38x | 1.74x | CN¥18.12 Million |
| 2009 | 29.83% | 13.84% | 1.13x | 1.90x | CN¥23.63 Million |
| 2010 | 28.91% | 16.02% | 1.10x | 1.64x | CN¥31.70 Million |
| 2011 | 7.47% | 11.77% | 0.44x | 1.43x | CN¥-13.54 Million |
| 2012 | 7.42% | 13.11% | 0.40x | 1.41x | CN¥-14.34 Million |
| 2013 | 0.94% | 1.28% | 0.54x | 1.36x | CN¥-46.47 Million |
| 2015 | 1.27% | 1.45% | 0.64x | 1.38x | CN¥-40.56 Million |
| 2016 | 5.37% | 8.20% | 0.47x | 1.38x | CN¥-22.56 Million |
| 2017 | 1.27% | 2.03% | 0.44x | 1.42x | CN¥-41.52 Million |
| 2018 | 1.67% | 3.04% | 0.34x | 1.60x | CN¥-39.86 Million |
| 2019 | 2.31% | 3.31% | 0.40x | 1.74x | CN¥-36.09 Million |
| 2020 | 5.15% | 7.24% | 0.46x | 1.56x | CN¥-23.49 Million |
| 2021 | 2.94% | 5.54% | 0.36x | 1.47x | CN¥-34.22 Million |
| 2022 | 2.12% | 3.99% | 0.38x | 1.39x | CN¥-38.23 Million |
| 2023 | 2.21% | 5.07% | 0.31x | 1.42x | CN¥-38.12 Million |
| 2024 | 1.92% | 4.15% | 0.34x | 1.37x | CN¥-39.75 Million |
Industry Comparison
This section compares Shenzhen Hirisun Technology Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,192,409,576
- Average return on equity (ROE) among peers: -56.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Hirisun Technology Inc (300277) | CN¥508.37 Million | 30.45% | 0.35x | $898.53 Million |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $338.44 Million | -592.41% | 3.36x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About Shenzhen Hirisun Technology Inc
Hangzhou Hirisun Technology Incorporated engages in power information system integration business in China. The company offers power production information systems for production, dispatching, design, planning, and infrastructure construction of power enterprises; and power management information systems, such as drawing management systems, production conference systems, power communication produ… Read more