Shenzhen Shengxunda Technology Co Ltd Class A

SHE:300518 China Electronic Gaming & Multimedia
Market Cap
$576.17 Million
CN¥4.23 Billion CNY
Market Cap Rank
#10732 Global
#2424 in China
Share Price
CN¥21.20
Change (1 day)
-2.53%
52-Week Range
CN¥7.90 - CN¥23.66
All Time High
CN¥89.40
About

Guangxi Xinxunda Technology Group Co., Ltd. engages in the live streaming e-commerce business, e-commerce direct sales business, and mineral products business. It provides communication, live data operation analysis, and live after-sales services, as well as involved in lithium ore business and trading of iron ore concentrate, coal and steel, and other mineral products. The company was formerly k… Read more

Shenzhen Shengxunda Technology Co Ltd Class A (300518) - Net Assets

Latest net assets as of June 2025: CN¥904.44 Million CNY

Based on the latest financial reports, Shenzhen Shengxunda Technology Co Ltd Class A (300518) has net assets worth CN¥904.44 Million CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.01 Billion) and total liabilities (CN¥109.73 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¥904.44 Million
% of Total Assets 89.18%
Annual Growth Rate 14.25%
5-Year Change 3.45%
10-Year Change 89.3%
Growth Volatility 37.82

Shenzhen Shengxunda Technology Co Ltd Class A - Net Assets Trend (2011–2024)

This chart illustrates how Shenzhen Shengxunda Technology Co Ltd Class A'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 Shengxunda Technology Co Ltd Class A (2011–2024)

The table below shows the annual net assets of Shenzhen Shengxunda Technology Co Ltd Class A from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥919.16 Million -33.34%
2023-12-31 CN¥1.38 Billion -17.36%
2022-12-31 CN¥1.67 Billion +35.87%
2021-12-31 CN¥1.23 Billion +38.22%
2020-12-31 CN¥888.50 Million +22.91%
2019-12-31 CN¥722.88 Million -38.82%
2018-12-31 CN¥1.18 Billion +7.79%
2017-12-31 CN¥1.10 Billion +4.56%
2016-12-31 CN¥1.05 Billion +115.93%
2015-12-31 CN¥485.54 Million +23.45%
2014-12-31 CN¥393.32 Million +28.71%
2013-12-31 CN¥305.60 Million +33.11%
2012-12-31 CN¥229.59 Million +41.14%
2011-12-31 CN¥162.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Shengxunda Technology Co Ltd Class A'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 decreased by 38.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥25.83 Million 3.31%
Other Components CN¥753.62 Million 96.69%
Total Equity CN¥779.45 Million 100.00%

Shenzhen Shengxunda Technology Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Shenzhen Shengxunda Technology Co Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Shengxunda Technology Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,118,177,412 to 779,447,193, a change of -338,730,219 (-30.3%).
  • Net loss of 316,193,673 reduced equity.
  • Dividend payments of 3,320,988 reduced retained earnings.
  • Other factors decreased equity by 19,215,559.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-316.19 Million -40.57%
Dividends Paid CN¥3.32 Million -0.43%
Other Changes CN¥-19.22 Million -2.47%
Total Change CN¥- -30.29%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Shengxunda Technology Co Ltd Class A'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: 5.42x
  • 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 increased from 1.81x to 5.42x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥11.74 CN¥21.20 x
2018-12-31 CN¥11.75 CN¥21.20 x
2019-12-31 CN¥7.71 CN¥21.20 x
2020-12-31 CN¥8.52 CN¥21.20 x
2021-12-31 CN¥11.52 CN¥21.20 x
2022-12-31 CN¥9.01 CN¥21.20 x
2023-12-31 CN¥5.61 CN¥21.20 x
2024-12-31 CN¥3.91 CN¥21.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Shengxunda Technology Co Ltd Class A 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): -40.57%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -196.06%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.38x
  • Recent ROE (-40.57%) is below the historical average (-2.02%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 18.98% 45.22% 0.39x 1.07x CN¥43.58 Million
2016 9.51% 48.09% 0.18x 1.07x CN¥-5.17 Million
2017 5.77% 25.99% 0.16x 1.35x CN¥-46.40 Million
2018 0.93% 2.47% 0.23x 1.62x CN¥-99.49 Million
2019 -31.35% -104.73% 0.16x 1.86x CN¥-297.78 Million
2020 17.04% 72.54% 0.15x 1.56x CN¥61.02 Million
2021 17.87% 43.63% 0.28x 1.46x CN¥92.18 Million
2022 4.50% 11.20% 0.26x 1.52x CN¥-70.60 Million
2023 -22.83% -102.02% 0.15x 1.46x CN¥-367.05 Million
2024 -40.57% -196.06% 0.15x 1.38x CN¥-394.14 Million

Industry Comparison

This section compares Shenzhen Shengxunda Technology Co Ltd Class A's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.

Industry Context

  • Industry: Electronic Gaming & Multimedia
  • Average net assets among peers: $2,288,074,106
  • Average return on equity (ROE) among peers: 13.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Shengxunda Technology Co Ltd Class A (300518) CN¥904.44 Million 18.98% 0.12x $454.37 Million
YOUZU Interactive Co Ltd (002174) $225.02 Million 4.38% 0.54x $1.27 Billion
Dalian Zeus Entertainment (002354) $2.76 Billion 1.55% 0.30x $1.31 Billion
Kaiser China Holding Co Ltd (002425) $278.18 Million 20.99% 0.21x $367.04 Million
Kingnet Network Co Ltd (002517) $645.22 Million 9.71% 0.07x $4.42 Billion
37 Interactive Entertainment Network Technology Group Co Ltd (002555) $13.02 Billion 20.54% 0.50x $4.16 Billion
Giant Network Group Co Ltd (002558) $100.63 Million 25.98% 0.77x $5.15 Billion
Zhejiang Century Huatong Group Co Ltd (002602) $3.99 Billion 10.21% 0.27x $12.35 Billion
Shenzhen Zqgame (300052) $170.25 Million 24.16% 0.10x $384.52 Million
Hangzhou Shunwang Tech (300113) $808.30 Million 11.40% 0.11x $1.61 Billion
Ourpalm (300315) $881.90 Million 9.33% 0.04x $1.78 Billion