Shenzhen Friendcom Technology Development Co Ltd Net Assets
Shenzhen Friendcom Technology Development Co Ltd net assets. Based on the latest financial reports, Shenzhen Friendcom Technology Development Co Ltd (300514) has net assets worth CN¥1.03 Billion CNY (≈ $151.34 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.61 Billion ≈ $235.36 Million USD) and total liabilities (CN¥574.23 Million ≈ $84.03 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 net asset growth rate of Shenzhen Friendcom Technology Developmen to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.03 Billion |
| % of Total Assets | 64.3% |
| Annual Growth Rate | 21.76% |
| 5-Year Change | 63.47% |
| 10-Year Change | 353.2% |
| Growth Volatility | 27.29 |
Net Assets of Shenzhen Friendcom Technology Development Co Ltd (2012–2025)
Net assets of Shenzhen Friendcom Technology Development Co Ltd from 2012 to 2025. This chart illustrates how Shenzhen Friendcom Technology Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300514 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shenzhen Friendcom Technology Development Co Ltd (2012–2025)
The table below shows the annual net assets of Shenzhen Friendcom Technology Development Co Ltd from 2012 to 2025. For live market cap and overall valuation, see Shenzhen Friendcom Technology Developmen stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.05 Billion ≈ $153.87 Million |
+0.95% |
| 2024-12-31 | CN¥1.04 Billion ≈ $152.42 Million |
+17.88% |
| 2023-12-31 | CN¥883.62 Million ≈ $129.30 Million |
+22.41% |
| 2022-12-31 | CN¥721.86 Million ≈ $105.63 Million |
+12.22% |
| 2021-12-31 | CN¥643.24 Million ≈ $94.13 Million |
+8.02% |
| 2020-12-31 | CN¥595.46 Million ≈ $87.14 Million |
+4.12% |
| 2019-12-31 | CN¥571.90 Million ≈ $83.69 Million |
+8.18% |
| 2018-12-31 | CN¥528.68 Million ≈ $77.36 Million |
+8.75% |
| 2017-12-31 | CN¥486.15 Million ≈ $71.14 Million |
+109.53% |
| 2016-12-31 | CN¥232.03 Million ≈ $33.95 Million |
+18.50% |
| 2015-12-31 | CN¥195.81 Million ≈ $28.65 Million |
+24.76% |
| 2014-12-31 | CN¥156.95 Million ≈ $22.97 Million |
+43.58% |
| 2013-12-31 | CN¥109.31 Million ≈ $16.00 Million |
+34.38% |
| 2012-12-31 | CN¥81.34 Million ≈ $11.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Friendcom Technology Development Co Ltd'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 2208.0% over the analyzed period, indicating profitable operations and earnings retention.
Shenzhen Friendcom Technology Development Co Ltd Net Assets Breakdown (December 2025)
Shenzhen Friendcom Technology Development Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥632.56 Million | 60.16% |
| Other Components | CN¥418.97 Million | 39.84% |
| Total Equity | CN¥1.05 Billion | 100.00% |
Shenzhen Friendcom Technology Development Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Friendcom Technology Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pruksa Holding Public Company Limited
BK:PSH
|
$257.91 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
$258.07 Million |
|
Zhejiang Yaguang Technology Co. Ltd. A
SHG:603282
|
$258.09 Million |
|
Churchill Capital Corp X Class A Ordinary Shares
NYSE:CCCX
|
$258.12 Million |
|
Beijing Hanjian Heshan Pipeline Co Ltd
SHG:603616
|
$257.81 Million |
|
Dredging Corporation of India Limited
NSE:DREDGECORP
|
$257.78 Million |
|
Irenic Acquisition Corp. Class A Ordinary Shares
NASDAQ:IACQ
|
$257.77 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$257.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Friendcom Technology Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,041,593,161 to 1,051,532,194, a change of 9,939,033 (1.0%).
- Net income of 69,952,218 contributed positively to equity growth.
- Dividend payments of 60,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 97,337,942.
- Other factors increased equity by 97,324,756.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.95 Million | +6.65% |
| Dividends Paid | CN¥60.00 Million | -5.71% |
| Other Comprehensive Income | CN¥-97.34 Million | -9.26% |
| Other Changes | CN¥97.32 Million | +9.26% |
| Total Change | CN¥- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Friendcom Technology Development Co Ltd'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: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.63x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.56 | CN¥8.81 | x |
| 2013-12-31 | CN¥0.76 | CN¥8.81 | x |
| 2014-12-31 | CN¥1.09 | CN¥8.81 | x |
| 2015-12-31 | CN¥1.32 | CN¥8.81 | x |
| 2016-12-31 | CN¥1.55 | CN¥8.81 | x |
| 2017-12-31 | CN¥2.65 | CN¥8.81 | x |
| 2018-12-31 | CN¥2.64 | CN¥8.81 | x |
| 2019-12-31 | CN¥2.90 | CN¥8.81 | x |
| 2020-12-31 | CN¥3.01 | CN¥8.81 | x |
| 2021-12-31 | CN¥3.24 | CN¥8.81 | x |
| 2022-12-31 | CN¥3.58 | CN¥8.81 | x |
| 2023-12-31 | CN¥4.43 | CN¥8.81 | x |
| 2024-12-31 | CN¥5.20 | CN¥8.81 | x |
| 2025-12-31 | CN¥5.26 | CN¥8.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Friendcom Technology Development Co Ltd 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): 6.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.78%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.42x
- Recent ROE (6.65%) is below the historical average (16.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 33.29% | 16.96% | 0.99x | 1.98x | CN¥18.94 Million |
| 2013 | 25.59% | 10.44% | 1.02x | 2.40x | CN¥17.04 Million |
| 2014 | 30.35% | 12.67% | 1.02x | 2.34x | CN¥31.94 Million |
| 2015 | 16.49% | 9.21% | 0.90x | 1.98x | CN¥12.72 Million |
| 2016 | 18.84% | 9.56% | 0.95x | 2.08x | CN¥20.52 Million |
| 2017 | 14.78% | 11.96% | 0.78x | 1.59x | CN¥23.25 Million |
| 2018 | 9.93% | 7.53% | 0.78x | 1.69x | CN¥-378.44K |
| 2019 | 9.31% | 6.82% | 0.68x | 2.01x | CN¥-3.96 Million |
| 2020 | 5.65% | 5.10% | 0.71x | 1.56x | CN¥-25.91 Million |
| 2021 | 8.95% | 6.65% | 0.76x | 1.78x | CN¥-6.76 Million |
| 2022 | 13.68% | 9.67% | 0.94x | 1.51x | CN¥26.57 Million |
| 2023 | 21.68% | 17.46% | 0.91x | 1.37x | CN¥103.23 Million |
| 2024 | 19.03% | 19.62% | 0.69x | 1.40x | CN¥94.01 Million |
| 2025 | 6.65% | 8.78% | 0.54x | 1.42x | CN¥-35.20 Million |
Industry Comparison
This section compares Shenzhen Friendcom Technology Development Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $7,003,700,165
- Average return on equity (ROE) among peers: -6.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Friendcom Technology Development Co Ltd (300514) | CN¥1.03 Billion | 33.29% | 0.56x | $257.84 Million |
| ZTE Corp (000063) | $59.54 Billion | 13.57% | 2.04x | $16.30 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $647.88 Million | 1.70% | 0.50x | $1.49 Billion |
| Addsino Co Ltd (000547) | $1.19 Billion | 5.82% | 0.43x | $2.84 Billion |
| Sichuan Huiyuan Optical Com (000586) | $255.87 Million | 6.64% | 1.07x | $274.29 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $366.30 Million | -60.83% | 6.39x | $341.51 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $141.46 Million | -24.11% | 0.50x | $1.51 Billion |
| Skyworth Digital Co Ltd (000810) | $644.69 Million | 8.66% | 1.02x | $1.76 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.69 Billion | -3.79% | 1.71x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $1.10 Billion | -11.80% | 1.83x | $701.37 Million |
| Sunwave Communications Co Ltd (002115) | $2.46 Billion | 2.25% | 0.78x | $1.03 Billion |
About Shenzhen Friendcom Technology Development Co Ltd
Shenzhen Friendcom Technology Co., Ltd. manufactures and sells wireless data transmission in China. The company offers wireless communication products, including outdoor and indoor gateway, pulse reader, and module; wireless M-bus module, module kit, and USB adapter; data radio series; point to point transmission module series, such as RF module; L-CellMesh series; 4G LTE series; and NB-IoT serie… Read more