Shenzhen Exc Led Technology Co Ltd (300889) - Net Assets
Based on the latest financial reports, Shenzhen Exc Led Technology Co Ltd (300889) has net assets worth CN¥1.55 Billion CNY (≈ $227.07 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¥2.87 Billion ≈ $419.74 Million USD) and total liabilities (CN¥1.32 Billion ≈ $192.66 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 Shenzhen Exc Led Technology Co Ltd (300889) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.55 Billion |
| % of Total Assets | 54.1% |
| Annual Growth Rate | 47.36% |
| 5-Year Change | -1.3% |
| 10-Year Change | N/A |
| Growth Volatility | 82.63 |
Shenzhen Exc Led Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Shenzhen Exc Led Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300889 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Exc Led Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Shenzhen Exc Led Technology Co Ltd from 2016 to 2024. For live valuation and market cap data, see market value of Shenzhen Exc Led Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.52 Billion ≈ $222.54 Million |
-7.26% |
| 2023-12-31 | CN¥1.64 Billion ≈ $239.97 Million |
+1.41% |
| 2022-12-31 | CN¥1.62 Billion ≈ $236.63 Million |
+3.33% |
| 2021-12-31 | CN¥1.56 Billion ≈ $229.01 Million |
+1.57% |
| 2020-12-31 | CN¥1.54 Billion ≈ $225.47 Million |
+234.69% |
| 2019-12-31 | CN¥460.37 Million ≈ $67.37 Million |
+43.72% |
| 2018-12-31 | CN¥320.33 Million ≈ $46.87 Million |
+84.43% |
| 2017-12-31 | CN¥173.69 Million ≈ $25.42 Million |
+153.94% |
| 2016-12-31 | CN¥68.40 Million ≈ $10.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Exc Led 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 30407752118.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥302.14 Million | 20.25% |
| Common Stock | CN¥156.00 Million | 10.46% |
| Other Components | CN¥1.03 Billion | 69.30% |
| Total Equity | CN¥1.49 Billion | 100.00% |
Shenzhen Exc Led Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Exc Led Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ducgiang Chemicals & Detergent Powder Joint Co
VN:DGC
|
$773.41 Million |
|
Welspun Enterprises Limited
NSE:WELENT
|
$773.63 Million |
|
TPK Holding Co Ltd
TW:3673
|
$773.85 Million |
|
HomeTrust Bancshares, Inc.
NYSE:HTB
|
$774.17 Million |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
$773.04 Million |
|
Auto Partner SA
WAR:APR
|
$772.89 Million |
|
FastPartner AB (publ)
ST:FPAR-A
|
$772.63 Million |
|
Gujarat Ambuja Exports Limited
NSE:GAEL
|
$772.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Exc Led Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,604,322,941 to 1,492,085,394, a change of -112,237,547 (-7.0%).
- Net loss of 107,445,882 reduced equity.
- Dividend payments of 13,818,794 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-107.45 Million | -7.2% |
| Dividends Paid | CN¥13.82 Million | -0.93% |
| Other Changes | CN¥9.03 Million | +0.61% |
| Total Change | CN¥- | -7.00% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Exc Led 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: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 36.44x to 2.49x 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¥0.66 | CN¥23.99 | x |
| 2017-12-31 | CN¥1.67 | CN¥23.99 | x |
| 2018-12-31 | CN¥2.85 | CN¥23.99 | x |
| 2019-12-31 | CN¥3.90 | CN¥23.99 | x |
| 2020-12-31 | CN¥9.86 | CN¥23.99 | x |
| 2021-12-31 | CN¥10.00 | CN¥23.99 | x |
| 2022-12-31 | CN¥10.20 | CN¥23.99 | x |
| 2023-12-31 | CN¥10.32 | CN¥23.99 | x |
| 2024-12-31 | CN¥9.62 | CN¥23.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Exc Led 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): -7.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.90%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.69x
- Recent ROE (-7.20%) is below the historical average (15.00%), 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 | 34.52% | 9.14% | 1.20x | 3.16x | CN¥16.77 Million |
| 2017 | 31.70% | 10.02% | 1.00x | 3.16x | CN¥37.69 Million |
| 2018 | 32.83% | 11.89% | 1.07x | 2.58x | CN¥73.13 Million |
| 2019 | 29.90% | 12.10% | 1.10x | 2.25x | CN¥90.88 Million |
| 2020 | 6.41% | 9.92% | 0.46x | 1.42x | CN¥-55.16 Million |
| 2021 | 2.44% | 3.36% | 0.43x | 1.70x | CN¥-118.01 Million |
| 2022 | 2.27% | 3.98% | 0.34x | 1.66x | CN¥-123.09 Million |
| 2023 | 2.14% | 3.22% | 0.39x | 1.71x | CN¥-126.11 Million |
| 2024 | -7.20% | -11.90% | 0.36x | 1.69x | CN¥-256.65 Million |
Industry Comparison
This section compares Shenzhen Exc Led Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Exc Led Technology Co Ltd (300889) | CN¥1.55 Billion | 34.52% | 0.85x | $773.11 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Shenzhen Exc Led Technology Co Ltd
Shenzhen EXC-LED Technology Co.Ltd engages in the research and development, production, sale, and service of outdoor intelligent lighting and cloud control systems in China. The company offers intelligent control systems; landscape lighting products, including pixel, linear, wall washer, and flood light, as well as PV landscape products; cultural tourism lighting products, such as moving head lig… Read more