Shenzhen Kexin Communication Technologies Co Ltd (300565) - Net Assets
Based on the latest financial reports, Shenzhen Kexin Communication Technologies Co Ltd (300565) has net assets worth CN¥528.32 Million CNY (≈ $77.31 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¥1.38 Billion ≈ $201.52 Million USD) and total liabilities (CN¥848.80 Million ≈ $124.21 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 Shenzhen Kexin Communication Technologie asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥528.32 Million |
| % of Total Assets | 38.36% |
| Annual Growth Rate | 18.98% |
| 5-Year Change | -10.88% |
| 10-Year Change | 77.41% |
| Growth Volatility | 58.35 |
Shenzhen Kexin Communication Technologies Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Kexin Communication Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300565 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Kexin Communication Technologies Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Kexin Communication Technologies Co Ltd from 2011 to 2024. For live valuation and market cap data, see 300565 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥604.94 Million ≈ $88.52 Million |
+104.00% |
| 2023-12-31 | CN¥296.54 Million ≈ $43.39 Million |
-44.75% |
| 2022-12-31 | CN¥536.76 Million ≈ $78.54 Million |
-4.22% |
| 2021-12-31 | CN¥560.40 Million ≈ $82.00 Million |
-17.44% |
| 2020-12-31 | CN¥678.79 Million ≈ $99.33 Million |
+1.71% |
| 2019-12-31 | CN¥667.38 Million ≈ $97.66 Million |
-9.68% |
| 2018-12-31 | CN¥738.89 Million ≈ $108.12 Million |
-0.98% |
| 2017-12-31 | CN¥746.19 Million ≈ $109.19 Million |
+3.73% |
| 2016-12-31 | CN¥719.36 Million ≈ $105.27 Million |
+110.97% |
| 2015-12-31 | CN¥340.98 Million ≈ $49.90 Million |
+22.59% |
| 2014-12-31 | CN¥278.15 Million ≈ $40.70 Million |
+26.10% |
| 2013-12-31 | CN¥220.57 Million ≈ $32.28 Million |
+30.14% |
| 2012-12-31 | CN¥169.49 Million ≈ $24.80 Million |
+168.31% |
| 2011-12-31 | CN¥63.17 Million ≈ $9.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Kexin Communication Technologies 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 decreased by 1469.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥249.70 Million | 39.21% |
| Other Comprehensive Income | CN¥46.67 Million | 7.33% |
| Other Components | CN¥724.61 Million | 113.80% |
| Total Equity | CN¥636.76 Million | 100.00% |
Shenzhen Kexin Communication Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Kexin Communication Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veradigm Inc.
NASDAQ:MDRX
|
$515.71 Million |
|
Qijing Machinery
SHG:603677
|
$515.76 Million |
|
Anhui Wanyi Science and Technology Co Ltd
SHG:688600
|
$515.87 Million |
|
Beta Bionics, Inc. Common Stock
NASDAQ:BBNX
|
$515.97 Million |
|
Shandong Tongda Island New Materials Co Ltd
SHE:300321
|
$515.48 Million |
|
Websol Energy System Limited
NSE:WEBELSOLAR
|
$515.46 Million |
|
DONGGUAN R.COMMERC. H YC1
F:857
|
$515.42 Million |
|
MCLON JEWELLERY Co.Ltd.
SHE:300945
|
$515.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Kexin Communication Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 315,179,168 to 636,763,473, a change of 321,584,305 (102.0%).
- Net loss of 205,771,888 reduced equity.
- Dividend payments of 32,986,257 reduced retained earnings.
- Other comprehensive income increased equity by 11,164,703.
- Other factors increased equity by 549,177,747.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-205.77 Million | -32.32% |
| Dividends Paid | CN¥32.99 Million | -5.18% |
| Other Comprehensive Income | CN¥11.16 Million | +1.75% |
| Other Changes | CN¥549.18 Million | +86.25% |
| Total Change | CN¥- | 102.03% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Kexin Communication Technologies 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: 5.43x
- 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 33.07x to 5.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.43 | CN¥14.11 | x |
| 2012-12-31 | CN¥1.15 | CN¥14.11 | x |
| 2013-12-31 | CN¥1.43 | CN¥14.11 | x |
| 2014-12-31 | CN¥1.78 | CN¥14.11 | x |
| 2015-12-31 | CN¥2.17 | CN¥14.11 | x |
| 2016-12-31 | CN¥4.48 | CN¥14.11 | x |
| 2017-12-31 | CN¥3.55 | CN¥14.11 | x |
| 2018-12-31 | CN¥3.54 | CN¥14.11 | x |
| 2019-12-31 | CN¥3.21 | CN¥14.11 | x |
| 2020-12-31 | CN¥3.26 | CN¥14.11 | x |
| 2021-12-31 | CN¥2.70 | CN¥14.11 | x |
| 2022-12-31 | CN¥2.60 | CN¥14.11 | x |
| 2023-12-31 | CN¥1.52 | CN¥14.11 | x |
| 2024-12-31 | CN¥2.60 | CN¥14.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Kexin Communication Technologies 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): -32.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.95%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.46x
- Recent ROE (-32.32%) is below the historical average (0.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 34.29% | 7.13% | 1.05x | 4.57x | CN¥15.23 Million |
| 2012 | 28.01% | 10.59% | 1.30x | 2.04x | CN¥30.52 Million |
| 2013 | 23.16% | 11.77% | 1.08x | 1.83x | CN¥29.02 Million |
| 2014 | 20.70% | 11.74% | 0.85x | 2.08x | CN¥29.76 Million |
| 2015 | 18.43% | 8.20% | 1.00x | 2.25x | CN¥28.74 Million |
| 2016 | 8.59% | 8.73% | 0.65x | 1.52x | CN¥-10.11 Million |
| 2017 | 7.88% | 8.76% | 0.61x | 1.48x | CN¥-15.80 Million |
| 2018 | 2.26% | 3.08% | 0.53x | 1.38x | CN¥-57.19 Million |
| 2019 | -12.29% | -24.19% | 0.35x | 1.43x | CN¥-148.77 Million |
| 2020 | 1.83% | 1.57% | 0.60x | 1.94x | CN¥-55.45 Million |
| 2021 | -21.42% | -17.04% | 0.45x | 2.77x | CN¥-176.24 Million |
| 2022 | -2.46% | -1.60% | 0.47x | 3.26x | CN¥-67.46 Million |
| 2023 | -70.96% | -43.66% | 0.35x | 4.66x | CN¥-255.17 Million |
| 2024 | -32.32% | -36.95% | 0.36x | 2.46x | CN¥-269.45 Million |
Industry Comparison
This section compares Shenzhen Kexin Communication Technologies Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,521,349,798
- Average return on equity (ROE) among peers: -22.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Kexin Communication Technologies Co Ltd (300565) | CN¥528.32 Million | 34.29% | 1.61x | $515.57 Million |
| ZTE Corp (000063) | $10.60 Billion | 11.27% | 1.06x | $20.95 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $1.65 Billion | -30.05% | 3.67x | $2.30 Billion |
| Addsino Co Ltd (000547) | $459.04 Million | 0.56% | 1.54x | $5.21 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $502.15 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $120.98 Million | 7.28% | 1.57x | $405.23 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $110.47 Million | 5.50% | 1.13x | $2.02 Billion |
| Skyworth Digital Co Ltd (000810) | $599.06 Million | 13.70% | 0.93x | $2.03 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $820.93 Million | -279.00% | 4.69x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $200.23 Million | 30.55% | 2.02x | $1.15 Billion |
| Sunwave Communications Co Ltd (002115) | $395.22 Million | 14.30% | 0.95x | $1.55 Billion |
About Shenzhen Kexin Communication Technologies Co Ltd
Shenzhen Kexin Communication Technologies Co.,Ltd provides network energy solutions and services in China and internationally. It offers telecom solutions comprising power cores, telecom batteries, and telecom cabinets; household batteries, such as LV and HV home batteries, HV all in one batteries, inverter, and cells and modules; and outdoor and indoor C and I solutions. The company also provide… Read more