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¥1.51 Billion CNY (≈ $220.64 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¥2.90 Billion ≈ $423.67 Million USD) and total liabilities (CN¥1.39 Billion ≈ $203.04 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 300889 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.51 Billion |
| % of Total Assets | 52.08% |
| Annual Growth Rate | 40.82% |
| 5-Year Change | -4.86% |
| 10-Year Change | N/A |
| Growth Volatility | 80.67 |
Shenzhen Exc Led Technology Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Shenzhen Exc Led Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shenzhen Exc Led Technology Co Ltd market capitalisation.
Annual Net Assets for Shenzhen Exc Led Technology Co Ltd (2016–2025)
The table below shows the annual net assets of Shenzhen Exc Led Technology Co Ltd from 2016 to 2025. Also explore Shenzhen Exc Led Technology Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.49 Billion ≈ $217.88 Million |
-2.10% |
| 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 22684551018.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥224.91 Million | 16.11% |
| Common Stock | CN¥220.23 Million | 15.77% |
| Other Comprehensive Income | CN¥38.68 Million | 2.77% |
| Other Components | CN¥912.61 Million | 65.35% |
| Total Equity | CN¥1.40 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 |
|---|---|
|
Jiangsu Jibeier Pharmaceutical Co Ltd
SHG:688566
|
$771.00 Million |
|
Senvest Capital Inc.
TO:SEC
|
$771.03 Million |
|
Prashkovsky
TA:PRSK
|
$771.06 Million |
|
Metals X Limited
F:FG5
|
$771.33 Million |
|
Diversified United Investment Ltd
AU:DUI
|
$770.60 Million |
|
Grupo Posadas S.A.B. de C.V
MX:POSADASA
|
$770.53 Million |
|
Ninety One Ltd
JSE:NY1
|
$770.35 Million |
|
Cello World Limited
NSE:CELLO
|
$770.26 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 2024 to 2025, total equity changed from 1,492,085,394 to 1,396,426,480, a change of -95,658,914 (-6.4%).
- Net loss of 77,232,011 reduced equity.
- Dividend payments of 10,827,576 reduced retained earnings.
- Other comprehensive income increased equity by 38,679,094.
- Other factors decreased equity by 46,278,421.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-77.23 Million | -5.53% |
| Dividends Paid | CN¥10.83 Million | -0.78% |
| Other Comprehensive Income | CN¥38.68 Million | +2.77% |
| Other Changes | CN¥-46.28 Million | -3.31% |
| Total Change | CN¥- | -6.41% |
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: 3.72x
- 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 26.89x to 3.72x 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¥0.89 | CN¥23.92 | x |
| 2017-12-31 | CN¥1.19 | CN¥23.92 | x |
| 2018-12-31 | CN¥2.04 | CN¥23.92 | x |
| 2019-12-31 | CN¥2.79 | CN¥23.92 | x |
| 2020-12-31 | CN¥8.67 | CN¥23.92 | x |
| 2021-12-31 | CN¥7.15 | CN¥23.92 | x |
| 2022-12-31 | CN¥7.29 | CN¥23.92 | x |
| 2023-12-31 | CN¥7.37 | CN¥23.92 | x |
| 2024-12-31 | CN¥6.87 | CN¥23.92 | x |
| 2025-12-31 | CN¥6.44 | CN¥23.92 | 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): -5.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.58%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.11x
- Recent ROE (-5.53%) is below the historical average (12.95%), 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 |
| 2025 | -5.53% | -6.58% | 0.40x | 2.11x | CN¥-216.87 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: $21,793,594,840
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Exc Led Technology Co Ltd (300889) | CN¥1.51 Billion | 34.52% | 0.92x | $770.85 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.58 Million | -2.80% | 0.72x | $343.57 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $203.00 Million | 7.45% | 1.27x | $1.25 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.48 Billion | 6.33% | 0.88x | $475.80 Million |
| CPT Technology Group Co Ltd (000536) | $3.66 Billion | 10.45% | 1.63x | $1.42 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.23 Billion | 1.92% | 0.29x | $9.85 Billion |
| Xiamen Xindeco Ltd (000701) | $559.37 Million | 5.77% | 1.77x | $511.27 Million |
| BOE Technology Group Co Ltd (000725) | $204.55 Billion | 2.60% | 1.10x | $31.49 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $1.19 Billion | 5.98% | 0.43x | $3.32 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $1.20 Billion | 11.77% | 0.91x | $2.04 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.59 Billion | 10.09% | 0.44x | $4.93 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 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 lights, projection ligh… Read more