Shenzhen Etmade Automatic Equipment (300812) - Net Assets
Based on the latest financial reports, Shenzhen Etmade Automatic Equipment (300812) has net assets worth CN¥788.00 Million CNY (≈ $115.31 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.33 Billion ≈ $194.85 Million USD) and total liabilities (CN¥543.55 Million ≈ $79.54 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 300812 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥788.00 Million |
| % of Total Assets | 59.18% |
| Annual Growth Rate | 28.58% |
| 5-Year Change | -5.27% |
| 10-Year Change | 861.27% |
| Growth Volatility | 59.68 |
Shenzhen Etmade Automatic Equipment - Net Assets Trend (2015–2025)
This chart illustrates how Shenzhen Etmade Automatic Equipment's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shenzhen Etmade Automatic Equipment market cap and net worth.
Annual Net Assets for Shenzhen Etmade Automatic Equipment (2015–2025)
The table below shows the annual net assets of Shenzhen Etmade Automatic Equipment from 2015 to 2025. Also explore 300812 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥787.33 Million ≈ $115.21 Million |
+2.74% |
| 2024-12-31 | CN¥766.35 Million ≈ $112.14 Million |
-13.31% |
| 2023-12-31 | CN¥884.02 Million ≈ $129.36 Million |
+2.20% |
| 2022-12-31 | CN¥865.02 Million ≈ $126.58 Million |
+4.07% |
| 2021-12-31 | CN¥831.15 Million ≈ $121.62 Million |
+8.53% |
| 2020-12-31 | CN¥765.80 Million ≈ $112.06 Million |
+2.47% |
| 2019-12-31 | CN¥747.32 Million ≈ $109.36 Million |
+176.01% |
| 2018-12-31 | CN¥270.76 Million ≈ $39.62 Million |
+45.39% |
| 2017-12-31 | CN¥186.23 Million ≈ $27.25 Million |
+127.37% |
| 2016-12-31 | CN¥81.91 Million ≈ $11.99 Million |
+28.53% |
| 2015-12-31 | CN¥63.72 Million ≈ $9.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Etmade Automatic Equipment'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 349.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥221.47 Million | 28.57% |
| Other Components | CN¥553.71 Million | 71.43% |
| Total Equity | CN¥775.18 Million | 100.00% |
Shenzhen Etmade Automatic Equipment Competitors by Market Cap
The table below lists competitors of Shenzhen Etmade Automatic Equipment ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Aoyang Technology Ltd
SHE:002172
|
$563.62 Million |
|
Kido Group Corp
VN:KDC
|
$563.76 Million |
|
Guangzhou Grandbuy Co Ltd
SHE:002187
|
$564.10 Million |
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
$564.15 Million |
|
Healthcare Co Ltd
SHG:603313
|
$563.59 Million |
|
TPG RE Finance Trust Inc
NYSE:TRTX
|
$563.58 Million |
|
Guangzhou Pearl River Industrial Development Co Ltd
SHG:600684
|
$563.25 Million |
|
MAS Financial Services Limited
NSE:MASFIN
|
$563.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Etmade Automatic Equipment's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 768,127,046 to 775,184,071, a change of 7,057,025 (0.9%).
- Net income of 18,681,273 contributed positively to equity growth.
- Dividend payments of 1,396,187 reduced retained earnings.
- Other factors decreased equity by 10,228,060.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥18.68 Million | +2.41% |
| Dividends Paid | CN¥1.40 Million | -0.18% |
| Other Changes | CN¥-10.23 Million | -1.32% |
| Total Change | CN¥- | 0.92% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Etmade Automatic Equipment'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: 4.97x
- 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 5.55x to 4.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥3.54 | CN¥19.64 | x |
| 2016-12-31 | CN¥1.00 | CN¥19.64 | x |
| 2017-12-31 | CN¥1.81 | CN¥19.64 | x |
| 2018-12-31 | CN¥2.51 | CN¥19.64 | x |
| 2019-12-31 | CN¥7.04 | CN¥19.64 | x |
| 2020-12-31 | CN¥5.45 | CN¥19.64 | x |
| 2021-12-31 | CN¥5.91 | CN¥19.64 | x |
| 2022-12-31 | CN¥6.24 | CN¥19.64 | x |
| 2023-12-31 | CN¥6.17 | CN¥19.64 | x |
| 2024-12-31 | CN¥5.48 | CN¥19.64 | x |
| 2025-12-31 | CN¥3.95 | CN¥19.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Etmade Automatic Equipment 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): 2.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.97%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.79x
- Recent ROE (2.41%) is below the historical average (13.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 43.77% | 15.37% | 1.15x | 2.48x | CN¥21.52 Million |
| 2016 | 25.68% | 9.15% | 0.78x | 3.58x | CN¥12.75 Million |
| 2017 | 25.51% | 15.91% | 0.66x | 2.43x | CN¥28.46 Million |
| 2018 | 27.88% | 16.99% | 0.68x | 2.41x | CN¥47.03 Million |
| 2019 | 12.54% | 18.94% | 0.43x | 1.55x | CN¥18.77 Million |
| 2020 | 7.71% | 13.70% | 0.33x | 1.68x | CN¥-17.54 Million |
| 2021 | 8.47% | 14.49% | 0.33x | 1.77x | CN¥-12.71 Million |
| 2022 | 5.13% | 6.76% | 0.41x | 1.83x | CN¥-42.02 Million |
| 2023 | 2.43% | 4.01% | 0.39x | 1.57x | CN¥-67.48 Million |
| 2024 | -14.24% | -27.85% | 0.27x | 1.88x | CN¥-186.19 Million |
| 2025 | 2.41% | 2.97% | 0.45x | 1.79x | CN¥-58.84 Million |
Industry Comparison
This section compares Shenzhen Etmade Automatic Equipment's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,591,273,151
- Average return on equity (ROE) among peers: -6.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Etmade Automatic Equipment (300812) | CN¥788.00 Million | 43.77% | 0.69x | $563.60 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $697.65 Million |
| Shenyang Machine Tool Co Ltd (000410) | $2.26 Billion | -28.24% | 8.87x | $1.96 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $10.46 Billion | 0.40% | 0.84x | $3.09 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.78 Billion | 4.42% | 0.52x | $451.69 Million |
| Changchai Co Ltd (000570) | $1.76 Billion | 3.01% | 0.63x | $421.21 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $548.85 Million | -73.31% | 6.48x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $292.46 Million | 7.04% | 2.58x | $873.10 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.66 Billion | 7.22% | 0.76x | $924.07 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $738.00 Million | 11.68% | 0.18x | $673.57 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $6.33 Billion | 0.84% | 0.59x | $1.43 Billion |
About Shenzhen Etmade Automatic Equipment
Shenzhen Etmade Automatic Equipment Co., Ltd. researches, develops, manufactures, and sells flat panel display and semiconductor equipment in China and internationally. It offers polarizing film bonding equipment, automated backlight assembly line, and fully automated vacuum bonding equipment; cleaning equipment; LCD, flexible OLED, VR/AR/MR, Mini/MicroLED, traditional packaging, and advanced pac… Read more