Shenzhen Crastal Technology Co Ltd
Shenzhen Crastal Technology Co.,Ltd. provides kitchen appliances, and supporting products and services in China and internationally. The company offers small kitchen appliances, such as health pots, electric kettles, toaster, ovens, water dispensers, steamers, etc. under the BUYDEEM brand name. It sells through e-commerce or self-built sales platform. Shenzhen Crastal Technology Co.,Ltd. was foun… Read more
Shenzhen Crastal Technology Co Ltd (300824) - Net Assets
Latest net assets as of June 2025: CN¥721.31 Million CNY
Based on the latest financial reports, Shenzhen Crastal Technology Co Ltd (300824) has net assets worth CN¥721.31 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.01 Billion) and total liabilities (CN¥289.79 Million). 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¥721.31 Million |
| % of Total Assets | 71.34% |
| Annual Growth Rate | 14.05% |
| 5-Year Change | 6.61% |
| 10-Year Change | N/A |
| Growth Volatility | 33.73 |
Shenzhen Crastal Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Shenzhen Crastal Technology Co Ltd'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 Crastal Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Shenzhen Crastal Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥704.41 Million | -5.14% |
| 2023-12-31 | CN¥742.54 Million | +3.66% |
| 2022-12-31 | CN¥716.32 Million | -0.07% |
| 2021-12-31 | CN¥716.82 Million | +8.49% |
| 2020-12-31 | CN¥660.73 Million | +105.67% |
| 2019-12-31 | CN¥321.25 Million | +11.78% |
| 2018-12-31 | CN¥287.39 Million | +4.47% |
| 2017-12-31 | CN¥275.10 Million | +11.79% |
| 2016-12-31 | CN¥246.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Crastal 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 133.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥178.30 Million | 25.31% |
| Other Components | CN¥526.11 Million | 74.69% |
| Total Equity | CN¥704.41 Million | 100.00% |
Shenzhen Crastal Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Crastal Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang West Animal Husbandry
SHE:300106
|
$178.63 Million |
|
Guangdong Anjubao Digital Tech
SHE:300155
|
$178.64 Million |
|
All Iron Re I Socimi Sa
MC:YAI1
|
$178.65 Million |
|
Netskope, Inc. Class A Common Stock
NASDAQ:NTSK
|
$178.80 Million |
|
Samchully
KO:004690
|
$178.51 Million |
|
NOVONIX LTD SP.ADS/4
F:GC30
|
$178.49 Million |
|
GDI Property Group
AU:GDI
|
$178.47 Million |
|
Iones Co. Ltd
KQ:114810
|
$178.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Crastal Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 742,538,840 to 704,405,948, a change of -38,132,892 (-5.1%).
- Net income of 69,508,710 contributed positively to equity growth.
- Dividend payments of 88,651,449 reduced retained earnings.
- Other factors decreased equity by 18,990,153.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.51 Million | +9.87% |
| Dividends Paid | CN¥88.65 Million | -12.59% |
| Other Changes | CN¥-18.99 Million | -2.7% |
| Total Change | CN¥- | -5.14% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Crastal 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: 4.91x
- 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 6.28x to 4.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.69 | CN¥10.60 | x |
| 2018-12-31 | CN¥1.76 | CN¥10.60 | x |
| 2019-12-31 | CN¥1.97 | CN¥10.60 | x |
| 2020-12-31 | CN¥3.04 | CN¥10.60 | x |
| 2021-12-31 | CN¥3.30 | CN¥10.60 | x |
| 2022-12-31 | CN¥2.19 | CN¥10.60 | x |
| 2023-12-31 | CN¥2.28 | CN¥10.60 | x |
| 2024-12-31 | CN¥2.16 | CN¥10.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Crastal 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): 9.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.22%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.39x
- Recent ROE (9.87%) is below the historical average (15.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.13% | 10.64% | 1.31x | 1.51x | CN¥27.39 Million |
| 2017 | 14.82% | 7.69% | 1.35x | 1.42x | CN¥13.26 Million |
| 2018 | 23.67% | 11.21% | 1.47x | 1.44x | CN¥39.28 Million |
| 2019 | 20.48% | 11.93% | 1.33x | 1.29x | CN¥33.65 Million |
| 2020 | 15.19% | 14.32% | 0.86x | 1.23x | CN¥34.28 Million |
| 2021 | 15.13% | 12.81% | 0.87x | 1.36x | CN¥36.81 Million |
| 2022 | 6.56% | 5.84% | 0.77x | 1.45x | CN¥-24.66 Million |
| 2023 | 9.61% | 10.73% | 0.69x | 1.31x | CN¥-2.90 Million |
| 2024 | 9.87% | 9.22% | 0.77x | 1.39x | CN¥-931.88K |
Industry Comparison
This section compares Shenzhen Crastal Technology Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,417,864,350
- Average return on equity (ROE) among peers: 17.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Crastal Technology Co Ltd (300824) | CN¥721.31 Million | 21.13% | 0.40x | $178.56 Million |
| Konka Group Co Ltd (000016) | $803.11 Million | 33.00% | 2.14x | $834.83 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.25 Billion | 4.19% | 0.63x | $1.46 Billion |
| Guangdong Goworld Co Ltd (000823) | $189.06 Million | 29.67% | 0.83x | $782.76 Million |
| Soyea Technology Co Ltd (000909) | $619.17 Million | 3.70% | 3.31x | $199.78 Million |
| Guangdong AVCiT Tech Hldg Co (001229) | $332.60 Million | 29.11% | 0.18x | $166.04 Million |
| Emdoor Information Co. Ltd. A (001314) | $183.39 Million | 3.34% | 1.39x | $345.23 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $2.26 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $119.38 Million | 29.15% | 0.90x | $150.39 Million |
| Goertek Inc (002241) | $1.71 Billion | 16.17% | 0.92x | $7.92 Billion |
| Edifier Technology Co Ltd (002351) | $2.23 Billion | 14.12% | 0.20x | $640.66 Million |