Shenzhen MinDe Electronics Technology Ltd
Shenzhen MinDe Electronics Technology Ltd. engages in design and distribution of barcode recognition, and semiconductor products in China and internationally. It offers smart readers, including Handheld and embedded barcode scanners, imaging platforms, and barcode scanning engines. It also invests investing in Al image processing technology. The company also provides data collectors. Its products… Read more
Shenzhen MinDe Electronics Technology Ltd (300656) - Net Assets
Latest net assets as of September 2025: CN¥1.09 Billion CNY
Based on the latest financial reports, Shenzhen MinDe Electronics Technology Ltd (300656) has net assets worth CN¥1.09 Billion 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¥2.37 Billion) and total liabilities (CN¥1.28 Billion). 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¥1.09 Billion |
| % of Total Assets | 46.01% |
| Annual Growth Rate | 31.45% |
| 5-Year Change | 88.96% |
| 10-Year Change | 760.28% |
| Growth Volatility | 64.65 |
Shenzhen MinDe Electronics Technology Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen MinDe Electronics Technology 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 Shenzhen MinDe Electronics Technology Ltd (2013–2024)
The table below shows the annual net assets of Shenzhen MinDe Electronics Technology Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion | -12.50% |
| 2023-12-31 | CN¥1.18 Billion | +1.91% |
| 2022-12-31 | CN¥1.16 Billion | +104.07% |
| 2021-12-31 | CN¥567.86 Million | +3.84% |
| 2020-12-31 | CN¥546.87 Million | +7.81% |
| 2019-12-31 | CN¥507.23 Million | +8.81% |
| 2018-12-31 | CN¥466.17 Million | +9.33% |
| 2017-12-31 | CN¥426.38 Million | +156.18% |
| 2016-12-31 | CN¥166.44 Million | +38.56% |
| 2015-12-31 | CN¥120.12 Million | +171.14% |
| 2014-12-31 | CN¥44.30 Million | -13.15% |
| 2013-12-31 | CN¥51.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen MinDe Electronics Technology 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 644.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥214.81 Million | 21.08% |
| Common Stock | CN¥171.12 Million | 16.79% |
| Other Components | CN¥633.24 Million | 62.13% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Shenzhen MinDe Electronics Technology Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen MinDe Electronics Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magnera Corp placeholder
NYSE:MAGN
|
$254.14 Million |
|
Dodla Dairy Limited
NSE:DODLA
|
$254.18 Million |
|
First of Long Island Corp
NASDAQ:FLIC
|
$254.21 Million |
|
Shanghai Shenqi Pharmaceutical Investment Management Co Ltd A
SHG:600613
|
$254.23 Million |
|
Satellogic V Inc
NASDAQ:SATL
|
$253.85 Million |
|
Clinuvel Pharmaceuticals Ltd
AU:CUV
|
$253.71 Million |
|
Xiangyang BOYA Precision Industrial Equipments Co. Ltd
SHE:300971
|
$253.70 Million |
|
AUCTION TECH.GRP.LS-0001
F:684
|
$253.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen MinDe Electronics Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,165,510,000 to 1,019,179,000, a change of -146,331,000 (-12.6%).
- Net loss of 113,916,000 reduced equity.
- Dividend payments of 21,985,000 reduced retained earnings.
- Other factors decreased equity by 10,430,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-113.92 Million | -11.18% |
| Dividends Paid | CN¥21.98 Million | -2.16% |
| Other Changes | CN¥-10.43 Million | -1.02% |
| Total Change | CN¥- | -12.56% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen MinDe Electronics Technology 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: 4.01x
- 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 50.22x to 4.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.47 | CN¥23.85 | x |
| 2014-12-31 | CN¥0.41 | CN¥23.85 | x |
| 2015-12-31 | CN¥1.07 | CN¥23.85 | x |
| 2016-12-31 | CN¥1.40 | CN¥23.85 | x |
| 2017-12-31 | CN¥2.96 | CN¥23.85 | x |
| 2018-12-31 | CN¥2.89 | CN¥23.85 | x |
| 2019-12-31 | CN¥3.14 | CN¥23.85 | x |
| 2020-12-31 | CN¥3.38 | CN¥23.85 | x |
| 2021-12-31 | CN¥3.52 | CN¥23.85 | x |
| 2022-12-31 | CN¥6.67 | CN¥23.85 | x |
| 2023-12-31 | CN¥6.75 | CN¥23.85 | x |
| 2024-12-31 | CN¥5.94 | CN¥23.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen MinDe Electronics Technology 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): -11.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.82%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.56x
- Recent ROE (-11.18%) is below the historical average (18.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 42.34% | 30.21% | 1.11x | 1.26x | CN¥16.50 Million |
| 2014 | 62.74% | 31.62% | 1.37x | 1.45x | CN¥23.36 Million |
| 2015 | 37.90% | 36.26% | 0.86x | 1.21x | CN¥33.52 Million |
| 2016 | 27.82% | 38.01% | 0.67x | 1.10x | CN¥29.67 Million |
| 2017 | 9.65% | 33.02% | 0.27x | 1.07x | CN¥-1.47 Million |
| 2018 | 11.68% | 19.46% | 0.44x | 1.35x | CN¥7.68 Million |
| 2019 | 7.28% | 11.84% | 0.47x | 1.31x | CN¥-13.51 Million |
| 2020 | 9.65% | 12.80% | 0.50x | 1.52x | CN¥-1.86 Million |
| 2021 | 13.69% | 13.94% | 0.66x | 1.50x | CN¥20.51 Million |
| 2022 | 7.83% | 17.31% | 0.34x | 1.34x | CN¥-24.84 Million |
| 2023 | 1.08% | 3.14% | 0.23x | 1.51x | CN¥-104.00 Million |
| 2024 | -11.18% | -27.82% | 0.26x | 1.56x | CN¥-215.83 Million |
Industry Comparison
This section compares Shenzhen MinDe Electronics Technology Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,822,978,152
- Average return on equity (ROE) among peers: 12.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen MinDe Electronics Technology Ltd (300656) | CN¥1.09 Billion | 42.34% | 1.17x | $253.90 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $8.43 Billion | 21.66% | 0.82x | $4.01 Billion |
| Shenzhen Infinova Ltd (002528) | $3.67 Billion | 3.78% | 0.49x | $238.83 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $1.19 Billion | 16.91% | 0.26x | $199.15 Million |
| Jade Bird Fire Alarm (002960) | $312.42 Million | 39.55% | 0.76x | $675.44 Million |
| Beijing Telesound Electronics Co Ltd (003004) | $227.69 Million | 31.85% | 0.74x | $134.48 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.33 Billion | -2.95% | 0.14x | $180.71 Million |
| Xiamen Meiya Pico Information (300188) | $850.91 Million | 6.61% | 0.23x | $837.76 Million |
| Joyware Electronics Co Ltd (300270) | $526.66 Million | 7.96% | 0.26x | $377.47 Million |
| Chongqing Mas Sci&Tech (300275) | $894.00 Million | 6.22% | 0.51x | $389.41 Million |
| Sinosun Tech (300333) | $807.95 Million | -2.48% | 0.08x | $400.93 Million |