Xdc Industries Shenzhen Ltd
XDC Industries (Shenzhen) Limited engages in the research, development, production and sales of radio frequency devices in the mobile communication industry in China and internationally. The company offers filters, duplexers, combiners, and antennas; RF and precision components; communication products, including resonator, tuning screw, low-pass, transmission main rod, capacitive coupling sheet, … Read more
Xdc Industries Shenzhen Ltd (300615) - Net Assets
Latest net assets as of September 2025: CN¥531.83 Million CNY
Based on the latest financial reports, Xdc Industries Shenzhen Ltd (300615) has net assets worth CN¥531.83 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥759.45 Million) and total liabilities (CN¥227.62 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¥531.83 Million |
| % of Total Assets | 70.03% |
| Annual Growth Rate | 19.72% |
| 5-Year Change | 9.83% |
| 10-Year Change | 197.83% |
| Growth Volatility | 33.52 |
Xdc Industries Shenzhen Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Xdc Industries Shenzhen Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Xdc Industries Shenzhen Ltd (2011–2024)
The table below shows the annual net assets of Xdc Industries Shenzhen Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥527.19 Million | -2.44% |
| 2023-12-31 | CN¥540.35 Million | -3.40% |
| 2022-12-31 | CN¥559.36 Million | +14.80% |
| 2021-12-31 | CN¥487.25 Million | +1.51% |
| 2020-12-31 | CN¥480.02 Million | +0.81% |
| 2019-12-31 | CN¥476.16 Million | +1.73% |
| 2018-12-31 | CN¥468.06 Million | +3.41% |
| 2017-12-31 | CN¥452.62 Million | +115.17% |
| 2016-12-31 | CN¥210.35 Million | +18.84% |
| 2015-12-31 | CN¥177.01 Million | +8.17% |
| 2014-12-31 | CN¥163.64 Million | +26.83% |
| 2013-12-31 | CN¥129.02 Million | +58.30% |
| 2012-12-31 | CN¥81.51 Million | +60.60% |
| 2011-12-31 | CN¥50.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xdc Industries Shenzhen 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 293.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥147.23 Million | 27.93% |
| Common Stock | CN¥193.22 Million | 36.65% |
| Other Comprehensive Income | CN¥3.55 Million | 0.67% |
| Other Components | CN¥183.19 Million | 34.75% |
| Total Equity | CN¥527.19 Million | 100.00% |
Xdc Industries Shenzhen Ltd Competitors by Market Cap
The table below lists competitors of Xdc Industries Shenzhen Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Editas Medicine Inc
NASDAQ:EDIT
|
$177.67 Million |
|
Echo Investment SA
WAR:ECH
|
$177.69 Million |
|
Radium Life Tech Co Ltd
TW:2547
|
$177.75 Million |
|
Sharda Motor Industries Limited
NSE:SHARDAMOTR
|
$177.77 Million |
|
Byrna Technologies Inc
NASDAQ:BYRN
|
$177.61 Million |
|
ABEONA THERAPEUT. DL-01
F:PCJ
|
$177.59 Million |
|
FIDEA Holdings Co. Ltd
F:5F9
|
$177.57 Million |
|
Harbin VITI Electronics Corp
SHG:603023
|
$177.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xdc Industries Shenzhen Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 540,353,873 to 527,192,664, a change of -13,161,209 (-2.4%).
- Net loss of 18,332,684 reduced equity.
- Dividend payments of 19,488,146 reduced retained earnings.
- Other comprehensive income increased equity by 1,217,464.
- Other factors increased equity by 23,442,157.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-18.33 Million | -3.48% |
| Dividends Paid | CN¥19.49 Million | -3.7% |
| Other Comprehensive Income | CN¥1.22 Million | +0.23% |
| Other Changes | CN¥23.44 Million | +4.45% |
| Total Change | CN¥- | -2.44% |
Book Value vs Market Value Analysis
This analysis compares Xdc Industries Shenzhen 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: 4.95x
- 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 38.80x to 4.95x 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¥0.37 | CN¥14.23 | x |
| 2012-12-31 | CN¥0.58 | CN¥14.23 | x |
| 2013-12-31 | CN¥0.91 | CN¥14.23 | x |
| 2014-12-31 | CN¥1.16 | CN¥14.23 | x |
| 2015-12-31 | CN¥1.26 | CN¥14.23 | x |
| 2016-12-31 | CN¥1.50 | CN¥14.23 | x |
| 2017-12-31 | CN¥2.54 | CN¥14.23 | x |
| 2018-12-31 | CN¥2.40 | CN¥14.23 | x |
| 2019-12-31 | CN¥2.54 | CN¥14.23 | x |
| 2020-12-31 | CN¥2.56 | CN¥14.23 | x |
| 2021-12-31 | CN¥2.59 | CN¥14.23 | x |
| 2022-12-31 | CN¥2.90 | CN¥14.23 | x |
| 2023-12-31 | CN¥2.78 | CN¥14.23 | x |
| 2024-12-31 | CN¥2.88 | CN¥14.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xdc Industries Shenzhen 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): -3.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.61%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.24x
- Recent ROE (-3.48%) is below the historical average (20.45%), 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 | 53.61% | 28.28% | 1.07x | 1.78x | CN¥22.13 Million |
| 2012 | 49.75% | 30.09% | 1.00x | 1.66x | CN¥32.12 Million |
| 2013 | 41.06% | 30.86% | 0.77x | 1.72x | CN¥39.53 Million |
| 2014 | 51.92% | 31.65% | 1.00x | 1.64x | CN¥68.07 Million |
| 2015 | 29.90% | 25.45% | 0.82x | 1.44x | CN¥35.05 Million |
| 2016 | 27.37% | 23.84% | 0.74x | 1.54x | CN¥36.43 Million |
| 2017 | 6.95% | 13.53% | 0.45x | 1.15x | CN¥-13.79 Million |
| 2018 | 3.33% | 6.57% | 0.43x | 1.17x | CN¥-31.23 Million |
| 2019 | 3.60% | 7.48% | 0.42x | 1.14x | CN¥-30.47 Million |
| 2020 | 1.15% | 2.45% | 0.40x | 1.17x | CN¥-42.31 Million |
| 2021 | 1.43% | 2.50% | 0.47x | 1.21x | CN¥-41.59 Million |
| 2022 | 8.48% | 9.00% | 0.58x | 1.63x | CN¥-8.34 Million |
| 2023 | 11.17% | 9.79% | 0.88x | 1.29x | CN¥6.30 Million |
| 2024 | -3.48% | -6.61% | 0.42x | 1.24x | CN¥-71.05 Million |
Industry Comparison
This section compares Xdc Industries Shenzhen Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xdc Industries Shenzhen Ltd (300615) | CN¥531.83 Million | 53.61% | 0.43x | $177.66 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |