Shenzhen Chengtian Weiye Technology Co Ltd (300689) - Net Assets
Based on the latest financial reports, Shenzhen Chengtian Weiye Technology Co Ltd (300689) has net assets worth CN¥690.18 Million CNY (≈ $101.00 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¥792.04 Million ≈ $115.90 Million USD) and total liabilities (CN¥101.86 Million ≈ $14.90 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 Chengtian Weiye Technology Co L (300689) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥690.18 Million |
| % of Total Assets | 87.14% |
| Annual Growth Rate | 13.56% |
| 5-Year Change | 10.22% |
| 10-Year Change | 207.34% |
| Growth Volatility | 27.17 |
Shenzhen Chengtian Weiye Technology Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen Chengtian Weiye Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Shenzhen Chengtian Weiye Technology Co L's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Chengtian Weiye Technology Co Ltd (2013–2024)
The table below shows the annual net assets of Shenzhen Chengtian Weiye Technology Co Ltd from 2013 to 2024. For live valuation and market cap data, see Shenzhen Chengtian Weiye Technology Co L (300689) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥681.55 Million ≈ $99.73 Million |
-1.44% |
| 2023-12-31 | CN¥691.49 Million ≈ $101.19 Million |
+2.16% |
| 2022-12-31 | CN¥676.90 Million ≈ $99.05 Million |
+6.14% |
| 2021-12-31 | CN¥637.76 Million ≈ $93.32 Million |
+3.14% |
| 2020-12-31 | CN¥618.34 Million ≈ $90.48 Million |
+2.33% |
| 2019-12-31 | CN¥604.25 Million ≈ $88.42 Million |
+5.65% |
| 2018-12-31 | CN¥571.93 Million ≈ $83.69 Million |
+6.97% |
| 2017-12-31 | CN¥534.68 Million ≈ $78.24 Million |
+99.41% |
| 2016-12-31 | CN¥268.13 Million ≈ $39.24 Million |
+20.91% |
| 2015-12-31 | CN¥221.76 Million ≈ $32.45 Million |
+14.24% |
| 2014-12-31 | CN¥194.12 Million ≈ $28.41 Million |
+15.39% |
| 2013-12-31 | CN¥168.23 Million ≈ $24.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Chengtian Weiye 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 406.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥349.92 Million | 51.67% |
| Common Stock | CN¥115.60 Million | 17.07% |
| Other Components | CN¥211.68 Million | 31.26% |
| Total Equity | CN¥677.20 Million | 100.00% |
Shenzhen Chengtian Weiye Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Chengtian Weiye Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UniTTEC Co Ltd
SHE:000925
|
$909.57 Million |
|
Shenzhen Worldunion Properties Consultancy Inc
SHE:002285
|
$909.83 Million |
|
Tes Touch Embedded Solutions
SHE:003019
|
$910.01 Million |
|
Horizon Bancorp
NASDAQ:HBNC
|
$910.13 Million |
|
Jasmine Telecom Systems Public Company Limited
BK:JTS
|
$909.27 Million |
|
ACV Auctions Inc.
NYSE:ACVA
|
$909.06 Million |
|
Oppenheimer Holdings Inc
NYSE:OPY
|
$908.89 Million |
|
Hi target Navigation Tech Co
SHE:300177
|
$908.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Chengtian Weiye Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 687,290,889 to 677,199,076, a change of -10,091,813 (-1.5%).
- Net income of 11,572,839 contributed positively to equity growth.
- Dividend payments of 4,786,106 reduced retained earnings.
- Share repurchases of 19,964,246 reduced equity.
- Other comprehensive income increased equity by 83,182.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥11.57 Million | +1.71% |
| Dividends Paid | CN¥4.79 Million | -0.71% |
| Share Repurchases | CN¥19.96 Million | -2.95% |
| Other Comprehensive Income | CN¥83.18K | +0.01% |
| Other Changes | CN¥3.00 Million | +0.44% |
| Total Change | CN¥- | -1.47% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Chengtian Weiye 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: 9.19x
- 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 27.68x to 9.19x 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¥1.94 | CN¥53.76 | x |
| 2014-12-31 | CN¥2.24 | CN¥53.76 | x |
| 2015-12-31 | CN¥2.56 | CN¥53.76 | x |
| 2016-12-31 | CN¥3.07 | CN¥53.76 | x |
| 2017-12-31 | CN¥5.41 | CN¥53.76 | x |
| 2018-12-31 | CN¥4.97 | CN¥53.76 | x |
| 2019-12-31 | CN¥5.22 | CN¥53.76 | x |
| 2020-12-31 | CN¥5.35 | CN¥53.76 | x |
| 2021-12-31 | CN¥5.50 | CN¥53.76 | x |
| 2022-12-31 | CN¥5.83 | CN¥53.76 | x |
| 2023-12-31 | CN¥6.17 | CN¥53.76 | x |
| 2024-12-31 | CN¥5.85 | CN¥53.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Chengtian Weiye 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): 1.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.21%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.17x
- Recent ROE (1.71%) is below the historical average (8.06%), 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 | 11.81% | 10.22% | 0.73x | 1.58x | CN¥3.05 Million |
| 2014 | 13.36% | 9.97% | 0.74x | 1.80x | CN¥6.53 Million |
| 2015 | 12.42% | 11.02% | 0.86x | 1.31x | CN¥5.36 Million |
| 2016 | 15.88% | 16.12% | 0.74x | 1.32x | CN¥15.76 Million |
| 2017 | 9.89% | 17.96% | 0.49x | 1.13x | CN¥-563.00K |
| 2018 | 9.58% | 15.44% | 0.54x | 1.15x | CN¥-2.37 Million |
| 2019 | 7.93% | 13.66% | 0.49x | 1.17x | CN¥-12.44 Million |
| 2020 | 3.84% | 6.76% | 0.50x | 1.14x | CN¥-37.83 Million |
| 2021 | 2.66% | 3.98% | 0.56x | 1.20x | CN¥-46.48 Million |
| 2022 | 6.30% | 7.92% | 0.66x | 1.21x | CN¥-24.87 Million |
| 2023 | 1.30% | 2.26% | 0.50x | 1.14x | CN¥-59.81 Million |
| 2024 | 1.71% | 3.21% | 0.46x | 1.17x | CN¥-56.15 Million |
Industry Comparison
This section compares Shenzhen Chengtian Weiye Technology Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $1,419,702,516
- Average return on equity (ROE) among peers: 9.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Chengtian Weiye Technology Co Ltd (300689) | CN¥690.18 Million | 11.81% | 0.15x | $909.40 Million |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $175.63 Million | 33.09% | 2.43x | $1.20 Billion |
| Guangbo Group Stock Co Ltd (002103) | $723.86 Million | 8.31% | 0.76x | $624.67 Million |
| Hengbao Co Ltd (002104) | $53.55 Million | 5.20% | 2.35x | $1.47 Billion |
| GRG Banking Equipment Co Ltd (002152) | $4.33 Billion | 18.66% | 0.54x | $4.24 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $391.70 Million | 15.26% | 0.60x | $832.06 Million |
| Shenzhen Comix Group Co Ltd (002301) | $962.21 Million | 7.48% | 0.19x | $728.30 Million |
| Shandong New Beiyang Information Technology Co Ltd (002376) | $2.88 Billion | 9.94% | 0.41x | $872.98 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $365.02 Million | -6.00% | 0.34x | $111.31 Million |
| Xgd Inc (300130) | $2.82 Billion | 1.59% | 0.37x | $1.84 Billion |
| Wuhan Tianyu Info Industry (300205) | $1.50 Billion | 5.77% | 1.19x | $384.51 Million |
About Shenzhen Chengtian Weiye Technology Co Ltd
Shenzhen Chengtian Weiye Technology Co., Ltd. researches, develops, manufactures, sells, and services smart cards and special chips in China and internationally. The company also offers application-specific chips, semiconductor packaging materials, AIOT products, and digital and energy thermal management products. In addition, it provides telecom SIM cards, financial IC cards, ID cards, and other… Read more