Shenzhen Rongda Photosensitive & Technology Co Ltd (300576) - Net Assets
Based on the latest financial reports, Shenzhen Rongda Photosensitive & Technology Co Ltd (300576) has net assets worth CN¥1.75 Billion CNY (≈ $256.02 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.12 Billion ≈ $310.94 Million USD) and total liabilities (CN¥375.29 Million ≈ $54.92 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 300576 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.75 Billion |
| % of Total Assets | 82.34% |
| Annual Growth Rate | 20.2% |
| 5-Year Change | 182.87% |
| 10-Year Change | 354.8% |
| Growth Volatility | 19.8 |
Shenzhen Rongda Photosensitive & Technology Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Shenzhen Rongda Photosensitive & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Rongda Photosensitive & Technol defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Rongda Photosensitive & Technology Co Ltd (2011–2025)
The table below shows the annual net assets of Shenzhen Rongda Photosensitive & Technology Co Ltd from 2011 to 2025. For live valuation and market cap data, see Shenzhen Rongda Photosensitive & Technol stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.72 Billion ≈ $251.88 Million |
+25.81% |
| 2024-12-31 | CN¥1.37 Billion ≈ $200.20 Million |
+9.36% |
| 2023-12-31 | CN¥1.25 Billion ≈ $183.07 Million |
+61.48% |
| 2022-12-31 | CN¥774.73 Million ≈ $113.37 Million |
+27.32% |
| 2021-12-31 | CN¥608.50 Million ≈ $89.04 Million |
+18.88% |
| 2020-12-31 | CN¥511.85 Million ≈ $74.90 Million |
+10.45% |
| 2019-12-31 | CN¥463.42 Million ≈ $67.81 Million |
+5.88% |
| 2018-12-31 | CN¥437.68 Million ≈ $64.05 Million |
+7.40% |
| 2017-12-31 | CN¥407.54 Million ≈ $59.64 Million |
+7.68% |
| 2016-12-31 | CN¥378.47 Million ≈ $55.38 Million |
+73.08% |
| 2015-12-31 | CN¥218.67 Million ≈ $32.00 Million |
+11.99% |
| 2014-12-31 | CN¥195.26 Million ≈ $28.57 Million |
+11.80% |
| 2013-12-31 | CN¥174.66 Million ≈ $25.56 Million |
+13.34% |
| 2012-12-31 | CN¥154.09 Million ≈ $22.55 Million |
+17.63% |
| 2011-12-31 | CN¥131.00 Million ≈ $19.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Rongda Photosensitive & Technology 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 3339.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥538.77 Million | 31.47% |
| Other Components | CN¥1.17 Billion | 68.53% |
| Total Equity | CN¥1.71 Billion | 100.00% |
Shenzhen Rongda Photosensitive & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Rongda Photosensitive & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qingdao Huicheng Environmental Co Ltd
SHE:300779
|
$2.67 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
$2.67 Billion |
|
Shanxi Securities Co Ltd
SHE:002500
|
$2.67 Billion |
|
Brookfield Wealth Solutions Ltd.
NYSE:BNT
|
$2.67 Billion |
|
NuVista Energy Ltd.
TO:NVA
|
$2.67 Billion |
|
Great Microwave Technology Co. Ltd. A
SHG:688270
|
$2.67 Billion |
|
Eugene Technology Co.Ltd
KQ:084370
|
$2.67 Billion |
|
Leyard Optoelectronic
SHE:300296
|
$2.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Rongda Photosensitive & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,361,340,000 to 1,712,149,429, a change of 350,809,429 (25.8%).
- Net income of 118,132,214 contributed positively to equity growth.
- Dividend payments of 27,428,021 reduced retained earnings.
- Other factors increased equity by 260,105,236.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥118.13 Million | +6.9% |
| Dividends Paid | CN¥27.43 Million | -1.6% |
| Other Changes | CN¥260.11 Million | +15.19% |
| Total Change | CN¥- | 25.77% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Rongda Photosensitive & Technology 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: 10.65x
- 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 78.46x to 10.65x 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¥0.63 | CN¥49.77 | x |
| 2012-12-31 | CN¥0.75 | CN¥49.77 | x |
| 2013-12-31 | CN¥1.02 | CN¥49.77 | x |
| 2014-12-31 | CN¥0.97 | CN¥49.77 | x |
| 2015-12-31 | CN¥1.30 | CN¥49.77 | x |
| 2016-12-31 | CN¥2.00 | CN¥49.77 | x |
| 2017-12-31 | CN¥1.26 | CN¥49.77 | x |
| 2018-12-31 | CN¥1.93 | CN¥49.77 | x |
| 2019-12-31 | CN¥2.02 | CN¥49.77 | x |
| 2020-12-31 | CN¥2.23 | CN¥49.77 | x |
| 2021-12-31 | CN¥2.60 | CN¥49.77 | x |
| 2022-12-31 | CN¥3.31 | CN¥49.77 | x |
| 2023-12-31 | CN¥4.25 | CN¥49.77 | x |
| 2024-12-31 | CN¥4.56 | CN¥49.77 | x |
| 2025-12-31 | CN¥4.67 | CN¥49.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Rongda Photosensitive & Technology 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): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.05%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.22x
- Recent ROE (6.90%) is below the historical average (10.40%), 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 | 16.55% | 11.10% | 0.84x | 1.77x | CN¥8.58 Million |
| 2012 | 14.99% | 10.57% | 0.90x | 1.58x | CN¥7.69 Million |
| 2013 | 13.49% | 9.68% | 0.94x | 1.49x | CN¥6.10 Million |
| 2014 | 12.50% | 8.88% | 0.98x | 1.43x | CN¥4.88 Million |
| 2015 | 15.23% | 12.02% | 0.97x | 1.30x | CN¥11.44 Million |
| 2016 | 9.03% | 10.90% | 0.65x | 1.28x | CN¥-3.68 Million |
| 2017 | 9.04% | 10.14% | 0.72x | 1.24x | CN¥-3.91 Million |
| 2018 | 9.63% | 9.96% | 0.79x | 1.23x | CN¥-1.63 Million |
| 2019 | 8.16% | 8.31% | 0.64x | 1.53x | CN¥-8.50 Million |
| 2020 | 11.10% | 10.45% | 0.54x | 1.98x | CN¥5.65 Million |
| 2021 | 6.65% | 5.09% | 0.67x | 1.95x | CN¥-20.13 Million |
| 2022 | 6.86% | 7.17% | 0.62x | 1.55x | CN¥-24.07 Million |
| 2023 | 6.87% | 10.69% | 0.49x | 1.32x | CN¥-38.98 Million |
| 2024 | 8.99% | 12.89% | 0.51x | 1.36x | CN¥-13.78 Million |
| 2025 | 6.90% | 11.05% | 0.51x | 1.22x | CN¥-53.08 Million |
Industry Comparison
This section compares Shenzhen Rongda Photosensitive & Technology Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $6,166,812,577
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Rongda Photosensitive & Technology Co Ltd (300576) | CN¥1.75 Billion | 16.55% | 0.21x | $2.67 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.30 Billion | 0.62% | 0.29x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $32.94 Billion | 10.26% | 2.20x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $552.98 Million | 12.21% | 1.11x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.61 Billion | 5.45% | 2.19x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $1.07 Billion | 6.09% | 3.18x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.51 Billion | 7.32% | 1.02x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.32 Billion | 12.34% | 0.44x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $13.62 Billion | 6.01% | 1.21x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $468.74 Million |
About Shenzhen Rongda Photosensitive & Technology Co Ltd
Shenzhen RongDa Photosensitive Science & Technology Co., Ltd. engages in the production and sale of photosensitive chemical materials in China and internationally. It offers liquid photoimageable solder resist ink, liquid photoimageable solder mask, liquid photoimageable etching resist ink, UV cyrable solder mask, and liquid photoimageable solder resist ink-LED pannel; positive photoresist for di… Read more