Shandong Shuangyi Technology Co Ltd (300690) - Net Assets
Based on the latest financial reports, Shandong Shuangyi Technology Co Ltd (300690) has net assets worth CN¥1.58 Billion CNY (≈ $231.70 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¥1.94 Billion ≈ $284.59 Million USD) and total liabilities (CN¥361.46 Million ≈ $52.89 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 300690 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.58 Billion |
| % of Total Assets | 81.41% |
| Annual Growth Rate | 19.26% |
| 5-Year Change | 14.86% |
| 10-Year Change | 352.97% |
| Growth Volatility | 36.44 |
Shandong Shuangyi Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Shandong Shuangyi Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300690 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Shandong Shuangyi Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Shandong Shuangyi Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see 300690 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.47 Billion ≈ $215.66 Million |
+3.59% |
| 2023-12-31 | CN¥1.42 Billion ≈ $208.19 Million |
+4.62% |
| 2022-12-31 | CN¥1.36 Billion ≈ $199.01 Million |
+2.45% |
| 2021-12-31 | CN¥1.33 Billion ≈ $194.25 Million |
+3.46% |
| 2020-12-31 | CN¥1.28 Billion ≈ $187.75 Million |
+24.85% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.38 Million |
+12.64% |
| 2018-12-31 | CN¥912.36 Million ≈ $133.51 Million |
-2.18% |
| 2017-12-31 | CN¥932.68 Million ≈ $136.48 Million |
+138.46% |
| 2016-12-31 | CN¥391.13 Million ≈ $57.23 Million |
+20.21% |
| 2015-12-31 | CN¥325.36 Million ≈ $47.61 Million |
+35.07% |
| 2014-12-31 | CN¥240.88 Million ≈ $35.25 Million |
+23.83% |
| 2013-12-31 | CN¥194.52 Million ≈ $28.46 Million |
+9.29% |
| 2012-12-31 | CN¥177.99 Million ≈ $26.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Shuangyi 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 992.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥709.05 Million | 48.18% |
| Common Stock | CN¥165.35 Million | 11.23% |
| Other Components | CN¥597.40 Million | 40.59% |
| Total Equity | CN¥1.47 Billion | 100.00% |
Shandong Shuangyi Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Shuangyi Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amos Luzon Development and Energy Group Ltd
TA:LUZN
|
$694.49 Million |
|
Ethos Limited
NSE:ETHOSLTD
|
$695.02 Million |
|
Double Bond Chemical Ind Co Ltd
TW:4764
|
$695.32 Million |
|
Catapult Group International Ltd
AU:CAT
|
$695.34 Million |
|
Slate Grocery REIT
TO:SGR-UN
|
$694.00 Million |
|
Zhuhai Comleader Information Science & Technology Co. Ltd. A
SHG:688175
|
$693.91 Million |
|
Pilkington Deutschland AG
HM:FDD
|
$693.86 Million |
|
Beijing JCZ Technology Co. Ltd. A
SHG:688291
|
$693.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Shuangyi Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,420,570,994 to 1,471,799,226, a change of 51,228,232 (3.6%).
- Net income of 85,951,505 contributed positively to equity growth.
- Dividend payments of 35,331,578 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥85.95 Million | +5.84% |
| Dividends Paid | CN¥35.33 Million | -2.4% |
| Other Changes | CN¥608.30K | +0.04% |
| Total Change | CN¥- | 3.61% |
Book Value vs Market Value Analysis
This analysis compares Shandong Shuangyi 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: 3.22x
- 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 20.07x to 3.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.43 | CN¥28.69 | x |
| 2013-12-31 | CN¥1.56 | CN¥28.69 | x |
| 2014-12-31 | CN¥1.93 | CN¥28.69 | x |
| 2015-12-31 | CN¥2.61 | CN¥28.69 | x |
| 2016-12-31 | CN¥3.13 | CN¥28.69 | x |
| 2017-12-31 | CN¥6.75 | CN¥28.69 | x |
| 2018-12-31 | CN¥6.31 | CN¥28.69 | x |
| 2019-12-31 | CN¥6.17 | CN¥28.69 | x |
| 2020-12-31 | CN¥7.81 | CN¥28.69 | x |
| 2021-12-31 | CN¥8.03 | CN¥28.69 | x |
| 2022-12-31 | CN¥8.21 | CN¥28.69 | x |
| 2023-12-31 | CN¥8.56 | CN¥28.69 | x |
| 2024-12-31 | CN¥8.90 | CN¥28.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Shuangyi 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): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.11%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.30x
- Recent ROE (5.84%) is below the historical average (15.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.49% | 11.80% | 0.57x | 1.56x | CN¥875.55K |
| 2013 | 16.85% | 14.99% | 0.67x | 1.67x | CN¥13.33 Million |
| 2014 | 25.43% | 17.45% | 0.85x | 1.71x | CN¥37.17 Million |
| 2015 | 31.48% | 21.32% | 1.03x | 1.44x | CN¥69.82 Million |
| 2016 | 27.54% | 22.46% | 0.86x | 1.42x | CN¥68.59 Million |
| 2017 | 11.85% | 18.59% | 0.56x | 1.13x | CN¥17.28 Million |
| 2018 | 9.62% | 16.39% | 0.50x | 1.17x | CN¥-3.50 Million |
| 2019 | 14.81% | 18.40% | 0.64x | 1.25x | CN¥49.45 Million |
| 2020 | 25.08% | 23.15% | 0.83x | 1.30x | CN¥193.74 Million |
| 2021 | 11.33% | 15.02% | 0.62x | 1.22x | CN¥17.72 Million |
| 2022 | 6.03% | 7.94% | 0.59x | 1.28x | CN¥-53.84 Million |
| 2023 | 6.19% | 11.74% | 0.42x | 1.25x | CN¥-54.12 Million |
| 2024 | 5.84% | 9.11% | 0.49x | 1.30x | CN¥-61.23 Million |
Industry Comparison
This section compares Shandong Shuangyi Technology Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,775,582,049
- Average return on equity (ROE) among peers: 9.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Shuangyi Technology Co Ltd (300690) | CN¥1.58 Billion | 10.49% | 0.23x | $694.18 Million |
| China International Marine Containers Group Ltd (000039) | $117.09 Million | 38.10% | 0.98x | $4.17 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $226.97 Million | 1.05% | 0.40x | $384.89 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $832.24 Million | 2.58% | 0.83x | $411.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.72 Billion | 3.51% | 0.48x | $1.17 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.81 Billion | 5.91% | 0.16x | $1.60 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $7.46 Billion | -10.76% | 1.40x | $1.85 Billion |
| Dajin Heavy Industry Corp (002487) | $1.55 Billion | 3.04% | 0.28x | $7.84 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $1.03 Billion | 6.46% | 0.73x | $358.24 Million |
| Guangzheng Group Co Ltd (002524) | $38.92 Million | 30.50% | 1.33x | $332.55 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $1.98 Billion | 10.74% | 1.11x | $1.96 Billion |
About Shandong Shuangyi Technology Co Ltd
Shandong Shuangyi Technology Co., Ltd. engages in the research, development, design manufacture, sale, and service of integrating composite products in China and internationally. The company offers non-metallic mold machining products, including yacht mold, entertainment mold, fiberglass molds for DCPD, windpipe sail mold, mold for lightweight components, vehicle hood mold, carbon felt mold, engi… Read more