Shenzhen MinDe Electronics Technology Ltd Net Assets
Shenzhen MinDe Electronics Technology Ltd net assets. Based on the latest financial reports, Shenzhen MinDe Electronics Technology Ltd (300656) has net assets worth CN¥1.09 Billion CNY (≈ $159.46 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¥2.37 Billion ≈ $346.54 Million USD) and total liabilities (CN¥1.28 Billion ≈ $187.08 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. Also explore Shenzhen MinDe Electronics Technology Lt equity growth rate to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Shenzhen MinDe Electronics Technology Ltd (2013–2024)
Net assets of Shenzhen MinDe Electronics Technology Ltd from 2013 to 2024. This chart illustrates how Shenzhen MinDe Electronics Technology Ltd's net assets have evolved over time, based on quarterly financial data. See 300656 equity to assets ratio to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see 300656 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $151.21 Million |
-12.50% |
| 2023-12-31 | CN¥1.18 Billion ≈ $172.82 Million |
+1.91% |
| 2022-12-31 | CN¥1.16 Billion ≈ $169.58 Million |
+104.07% |
| 2021-12-31 | CN¥567.86 Million ≈ $83.10 Million |
+3.84% |
| 2020-12-31 | CN¥546.87 Million ≈ $80.02 Million |
+7.81% |
| 2019-12-31 | CN¥507.23 Million ≈ $74.22 Million |
+8.81% |
| 2018-12-31 | CN¥466.17 Million ≈ $68.21 Million |
+9.33% |
| 2017-12-31 | CN¥426.38 Million ≈ $62.39 Million |
+156.18% |
| 2016-12-31 | CN¥166.44 Million ≈ $24.36 Million |
+38.56% |
| 2015-12-31 | CN¥120.12 Million ≈ $17.58 Million |
+171.14% |
| 2014-12-31 | CN¥44.30 Million ≈ $6.48 Million |
-13.15% |
| 2013-12-31 | CN¥51.01 Million ≈ $7.46 Million |
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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.
Shenzhen MinDe Electronics Technology Ltd Net Assets Breakdown (December 2024)
Shenzhen MinDe Electronics Technology Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Nanjing Develop Advanced Manufacturing Co Ltd
SHG:688377
|
$494.91 Million |
|
Alexander Forbes Grp Hldg Ltd
JSE:AFH
|
$495.00 Million |
|
Kambi Group PLC Series B
LSE:0EAW
|
$495.00 Million |
|
Hangzhou Huasu Technology Co. Ltd. A
SHE:301157
|
$495.10 Million |
|
Nanjing Bestway Intelligent Control Technology Co. Ltd. A
SHE:301195
|
$494.55 Million |
|
Shandong Shengli Co Ltd
SHE:000407
|
$494.53 Million |
|
Bumi Resources Minerals Tbk
JK:BRMS
|
$494.44 Million |
|
Fujian Rongji Software Co Ltd
SHE:002474
|
$494.39 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: 3.32x
- 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 41.59x to 3.32x 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¥19.75 | x |
| 2014-12-31 | CN¥0.41 | CN¥19.75 | x |
| 2015-12-31 | CN¥1.07 | CN¥19.75 | x |
| 2016-12-31 | CN¥1.40 | CN¥19.75 | x |
| 2017-12-31 | CN¥2.96 | CN¥19.75 | x |
| 2018-12-31 | CN¥2.89 | CN¥19.75 | x |
| 2019-12-31 | CN¥3.14 | CN¥19.75 | x |
| 2020-12-31 | CN¥3.38 | CN¥19.75 | x |
| 2021-12-31 | CN¥3.52 | CN¥19.75 | x |
| 2022-12-31 | CN¥6.67 | CN¥19.75 | x |
| 2023-12-31 | CN¥6.75 | CN¥19.75 | x |
| 2024-12-31 | CN¥5.94 | CN¥19.75 | 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: $2,100,262,869
- Average return on equity (ROE) among peers: 1.15%
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 | $494.56 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $5.21 Billion | 21.93% | 0.53x | $6.97 Billion |
| Shenzhen Infinova Ltd (002528) | $2.32 Billion | -62.06% | 1.62x | $975.25 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $90.77 Million | 49.38% | 0.69x | $420.11 Million |
| Jade Bird Fire Alarm (002960) | $6.81 Billion | 4.69% | 0.52x | $1.31 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $712.29 Million | 9.29% | 0.25x | $592.96 Million |
| Hangzhou Century Co Ltd (300078) | $529.03 Million | -12.71% | 0.83x | $422.04 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.37 Billion | -3.41% | 0.16x | $305.51 Million |
| Xiamen Meiya Pico Information (300188) | $2.35 Billion | 11.56% | 0.32x | $1.29 Billion |
| Joyware Electronics Co Ltd (300270) | $661.79 Million | -11.47% | 0.47x | $355.37 Million |
| Chongqing Mas Sci&Tech (300275) | $944.66 Million | 4.32% | 0.43x | $371.83 Million |
About 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