Shenglan Technology Co Ltd (300843) - Net Assets
Based on the latest financial reports, Shenglan Technology Co Ltd (300843) has net assets worth CN¥1.67 Billion CNY (≈ $244.39 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.10 Billion ≈ $453.51 Million USD) and total liabilities (CN¥1.43 Billion ≈ $209.12 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 300843 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.67 Billion |
| % of Total Assets | 53.89% |
| Annual Growth Rate | 23.64% |
| 5-Year Change | 67.49% |
| 10-Year Change | N/A |
| Growth Volatility | 26.21 |
Shenglan Technology Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Shenglan Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300843 market cap.
Annual Net Assets for Shenglan Technology Co Ltd (2016–2025)
The table below shows the annual net assets of Shenglan Technology Co Ltd from 2016 to 2025. Also explore 300843 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.63 Billion ≈ $238.47 Million |
+6.19% |
| 2024-12-31 | CN¥1.53 Billion ≈ $224.58 Million |
+34.85% |
| 2023-12-31 | CN¥1.14 Billion ≈ $166.53 Million |
+7.14% |
| 2022-12-31 | CN¥1.06 Billion ≈ $155.43 Million |
+9.16% |
| 2021-12-31 | CN¥973.00 Million ≈ $142.38 Million |
+12.22% |
| 2020-12-31 | CN¥867.03 Million ≈ $126.87 Million |
+95.54% |
| 2019-12-31 | CN¥443.41 Million ≈ $64.88 Million |
+22.63% |
| 2018-12-31 | CN¥361.59 Million ≈ $52.91 Million |
+24.64% |
| 2017-12-31 | CN¥290.10 Million ≈ $42.45 Million |
+20.19% |
| 2016-12-31 | CN¥241.37 Million ≈ $35.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenglan 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 2183.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥640.54 Million | 39.73% |
| Other Components | CN¥971.65 Million | 60.27% |
| Total Equity | CN¥1.61 Billion | 100.00% |
Shenglan Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenglan Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
H&E Equipment Services Inc
NASDAQ:HEES
|
$3.47 Billion |
|
Post Holdings Inc
NYSE:POST
|
$3.47 Billion |
|
Renasant Corporation
NYSE:RNST
|
$3.47 Billion |
|
Acter Co Ltd
TWO:5536
|
$3.47 Billion |
|
Wistron NeWeb Corp
TW:6285
|
$3.47 Billion |
|
Delhivery Limited
NSE:DELHIVERY
|
$3.47 Billion |
|
Constellium Nv
NYSE:CSTM
|
$3.46 Billion |
|
Pacific Securities Co Ltd
SHG:601099
|
$3.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenglan Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,518,731,955 to 1,612,193,669, a change of 93,461,714 (6.2%).
- Net income of 111,892,908 contributed positively to equity growth.
- Dividend payments of 38,245,029 reduced retained earnings.
- Other comprehensive income decreased equity by 46,571,802.
- Other factors increased equity by 66,385,637.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥111.89 Million | +6.94% |
| Dividends Paid | CN¥38.25 Million | -2.37% |
| Other Comprehensive Income | CN¥-46.57 Million | -2.89% |
| Other Changes | CN¥66.39 Million | +4.12% |
| Total Change | CN¥- | 6.15% |
Book Value vs Market Value Analysis
This analysis compares Shenglan 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: 14.70x
- 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 57.78x to 14.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.51 | CN¥144.81 | x |
| 2017-12-31 | CN¥2.54 | CN¥144.81 | x |
| 2018-12-31 | CN¥3.10 | CN¥144.81 | x |
| 2019-12-31 | CN¥3.82 | CN¥144.81 | x |
| 2020-12-31 | CN¥6.53 | CN¥144.81 | x |
| 2021-12-31 | CN¥6.34 | CN¥144.81 | x |
| 2022-12-31 | CN¥6.72 | CN¥144.81 | x |
| 2023-12-31 | CN¥7.49 | CN¥144.81 | x |
| 2024-12-31 | CN¥10.05 | CN¥144.81 | x |
| 2025-12-31 | CN¥9.85 | CN¥144.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenglan 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.43%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.90x
- Recent ROE (6.94%) is below the historical average (11.65%), 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 | 12.77% | 6.78% | 1.07x | 1.76x | CN¥6.18 Million |
| 2017 | 16.14% | 9.74% | 1.01x | 1.64x | CN¥17.05 Million |
| 2018 | 19.98% | 10.75% | 1.09x | 1.71x | CN¥34.64 Million |
| 2019 | 18.58% | 10.94% | 0.94x | 1.81x | CN¥36.58 Million |
| 2020 | 11.80% | 10.93% | 0.68x | 1.58x | CN¥15.25 Million |
| 2021 | 11.05% | 7.97% | 0.83x | 1.67x | CN¥9.86 Million |
| 2022 | 5.65% | 5.11% | 0.61x | 1.81x | CN¥-45.92 Million |
| 2023 | 6.81% | 6.16% | 0.57x | 1.93x | CN¥-35.83 Million |
| 2024 | 6.77% | 7.99% | 0.59x | 1.43x | CN¥-49.08 Million |
| 2025 | 6.94% | 6.43% | 0.57x | 1.90x | CN¥-49.33 Million |
Industry Comparison
This section compares Shenglan Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,245,673,029
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenglan Technology Co Ltd (300843) | CN¥1.67 Billion | 12.77% | 0.86x | $3.47 Billion |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 6.87% | 1.16x | $1.14 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $536.10 Million | 17.67% | 0.27x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.10 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $557.50 Million | 13.45% | 0.65x | $744.67 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.86 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.32 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $15.80 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $353.70 Million |
| Gotion High tech Co Ltd (002074) | $8.26 Billion | 10.15% | 1.07x | $6.94 Billion |
About Shenglan Technology Co Ltd
Shenglan Technology Co., Ltd. researches, develops, manufactures, and sells electronic connectors, wire harness components, and precision components in China and internationally. The company offers consumer electronics and new energy vehicle connectors, optical lenses, high and low voltage wires and cables, USB and wafer connectors, FPC and wire harness connectors, switches, as well as wire-to-bo… Read more