Shenzhen SC New Energy Technology Corp Class A

SHE:300724 China Specialty Industrial Machinery
Market Cap
$5.70 Billion
CN¥41.86 Billion CNY
Market Cap Rank
#3617 Global
#309 in China
Share Price
CN¥120.18
Change (1 day)
+0.24%
52-Week Range
CN¥50.02 - CN¥147.70
All Time High
CN¥201.52
About

Shenzhen S.C New Energy Technology Corporation provides crystalline silicon production equipment in China. The company offers wet chemical equipment, incline equipment, furnace, laser equipment, metallization, and smart manufacturing series equipment, as well as offers equipment production line solutions. The company was founded in 2003 and is headquartered in Shenzhen, China.

Shenzhen SC New Energy Technology Corp Class A (300724) - Net Assets

Latest net assets as of September 2025: CN¥13.37 Billion CNY

Based on the latest financial reports, Shenzhen SC New Energy Technology Corp Class A (300724) has net assets worth CN¥13.37 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¥26.79 Billion) and total liabilities (CN¥13.42 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¥13.37 Billion
% of Total Assets 49.9%
Annual Growth Rate 31.66%
5-Year Change 265.37%
10-Year Change 1747.23%
Growth Volatility 41.33

Shenzhen SC New Energy Technology Corp Class A - Net Assets Trend (2013–2024)

This chart illustrates how Shenzhen SC New Energy Technology Corp Class A'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 SC New Energy Technology Corp Class A (2013–2024)

The table below shows the annual net assets of Shenzhen SC New Energy Technology Corp Class A from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.09 Billion +26.71%
2023-12-31 CN¥8.75 Billion +21.49%
2022-12-31 CN¥7.20 Billion +16.12%
2021-12-31 CN¥6.20 Billion +104.40%
2020-12-31 CN¥3.03 Billion +18.76%
2019-12-31 CN¥2.56 Billion +14.73%
2018-12-31 CN¥2.23 Billion +138.58%
2017-12-31 CN¥933.64 Million +30.03%
2016-12-31 CN¥718.00 Million +19.61%
2015-12-31 CN¥600.29 Million +6.29%
2014-12-31 CN¥564.74 Million +4.92%
2013-12-31 CN¥538.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen SC New Energy Technology Corp Class A'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 6318.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.93 Billion 62.49%
Common Stock CN¥347.72 Million 3.14%
Other Components CN¥3.81 Billion 34.37%
Total Equity CN¥11.09 Billion 100.00%

Shenzhen SC New Energy Technology Corp Class A Competitors by Market Cap

The table below lists competitors of Shenzhen SC New Energy Technology Corp Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen SC New Energy Technology Corp Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,739,363,257 to 11,086,752,866, a change of 2,347,389,609 (26.9%).
  • Net income of 2,763,592,215 contributed positively to equity growth.
  • Dividend payments of 424,789,073 reduced retained earnings.
  • Share repurchases of 32,309,681 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.76 Billion +24.93%
Dividends Paid CN¥424.79 Million -3.83%
Share Repurchases CN¥32.31 Million -0.29%
Other Changes CN¥40.90 Million +0.37%
Total Change CN¥- 26.86%

Book Value vs Market Value Analysis

This analysis compares Shenzhen SC New Energy Technology Corp Class A'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: 3.77x
  • 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 57.36x to 3.77x 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¥2.10 CN¥120.18 x
2014-12-31 CN¥2.37 CN¥120.18 x
2015-12-31 CN¥2.54 CN¥120.18 x
2016-12-31 CN¥2.99 CN¥120.18 x
2017-12-31 CN¥3.90 CN¥120.18 x
2018-12-31 CN¥8.37 CN¥120.18 x
2019-12-31 CN¥7.98 CN¥120.18 x
2020-12-31 CN¥9.46 CN¥120.18 x
2021-12-31 CN¥18.33 CN¥120.18 x
2022-12-31 CN¥20.71 CN¥120.18 x
2023-12-31 CN¥25.09 CN¥120.18 x
2024-12-31 CN¥31.85 CN¥120.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen SC New Energy Technology Corp Class A 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): 24.93%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.63%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 3.03x
  • Recent ROE (24.93%) is above the historical average (14.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 2.39% 3.21% 0.41x 1.79x CN¥-40.98 Million
2014 5.90% 7.64% 0.53x 1.45x CN¥-23.15 Million
2015 6.69% 11.48% 0.34x 1.69x CN¥-19.89 Million
2016 16.39% 14.16% 0.39x 2.96x CN¥45.91 Million
2017 27.21% 20.44% 0.49x 2.74x CN¥160.68 Million
2018 13.75% 20.51% 0.34x 2.00x CN¥83.45 Million
2019 14.96% 15.11% 0.42x 2.36x CN¥126.69 Million
2020 17.23% 12.93% 0.44x 3.06x CN¥219.41 Million
2021 11.57% 14.21% 0.39x 2.06x CN¥97.16 Million
2022 14.53% 17.43% 0.31x 2.66x CN¥326.62 Million
2023 18.69% 18.70% 0.22x 4.48x CN¥759.63 Million
2024 24.93% 14.63% 0.56x 3.03x CN¥1.65 Billion

Industry Comparison

This section compares Shenzhen SC New Energy Technology Corp Class A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen SC New Energy Technology Corp Class A (300724) CN¥13.37 Billion 2.39% 1.00x $3.45 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million