Shenzhen Longtech Smart Control Co. Ltd. (300916) - Net Assets
Based on the latest financial reports, Shenzhen Longtech Smart Control Co. Ltd. (300916) has net assets worth CN¥1.34 Billion CNY (≈ $196.09 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.12 Billion ≈ $310.20 Million USD) and total liabilities (CN¥779.79 Million ≈ $114.11 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 Longtech Smart Control Co. Ltd. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.34 Billion |
| % of Total Assets | 63.21% |
| Annual Growth Rate | 39.68% |
| 5-Year Change | 60.59% |
| 10-Year Change | N/A |
| Growth Volatility | 87.55 |
Shenzhen Longtech Smart Control Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Shenzhen Longtech Smart Control Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 300916 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Longtech Smart Control Co. Ltd. (2019–2024)
The table below shows the annual net assets of Shenzhen Longtech Smart Control Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see market value of Shenzhen Longtech Smart Control Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.34 Billion ≈ $195.81 Million |
+8.85% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.89 Million |
+7.31% |
| 2022-12-31 | CN¥1.15 Billion ≈ $167.64 Million |
+19.25% |
| 2021-12-31 | CN¥960.70 Million ≈ $140.58 Million |
+15.29% |
| 2020-12-31 | CN¥833.27 Million ≈ $121.93 Million |
+231.28% |
| 2019-12-31 | CN¥251.53 Million ≈ $36.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Longtech Smart Control 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 378.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥579.97 Million | 43.35% |
| Other Components | CN¥757.78 Million | 56.65% |
| Total Equity | CN¥1.34 Billion | 100.00% |
Shenzhen Longtech Smart Control Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen Longtech Smart Control Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Semen Indonesia Persero Tbk
JK:SMGR
|
$791.23 Million |
|
Cascades Inc.
TO:CAS
|
$791.49 Million |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
$791.62 Million |
|
Eurocrane China Co Ltd
SHG:603966
|
$791.65 Million |
|
Anhui Genuine New Materials Co Ltd
SHG:603429
|
$790.51 Million |
|
Qingdao Hiron Commercial Cold Chain Co Ltd
SHG:603187
|
$790.50 Million |
|
Janux Therapeutics Inc
NASDAQ:JANX
|
$790.34 Million |
|
Wuxi Xuelang Environmental Technology Co Ltd
SHE:300385
|
$790.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Longtech Smart Control Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,228,706,481 to 1,337,750,220, a change of 109,043,739 (8.9%).
- Net income of 154,207,668 contributed positively to equity growth.
- Dividend payments of 46,100,749 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥154.21 Million | +11.53% |
| Dividends Paid | CN¥46.10 Million | -3.45% |
| Other Changes | CN¥936.82K | +0.07% |
| Total Change | CN¥- | 8.87% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Longtech Smart Control 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: 4.04x
- 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 10.96x to 4.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.41 | CN¥37.37 | x |
| 2020-12-31 | CN¥5.65 | CN¥37.37 | x |
| 2021-12-31 | CN¥6.69 | CN¥37.37 | x |
| 2022-12-31 | CN¥7.96 | CN¥37.37 | x |
| 2023-12-31 | CN¥8.49 | CN¥37.37 | x |
| 2024-12-31 | CN¥9.25 | CN¥37.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Longtech Smart Control 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): 11.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.69%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.46x
- Recent ROE (11.53%) is below the historical average (13.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 20.63% | 9.12% | 1.38x | 1.64x | CN¥26.74 Million |
| 2020 | 10.71% | 11.53% | 0.70x | 1.33x | CN¥5.94 Million |
| 2021 | 14.67% | 14.68% | 0.74x | 1.35x | CN¥44.86 Million |
| 2022 | 15.84% | 14.02% | 0.85x | 1.33x | CN¥66.77 Million |
| 2023 | 8.83% | 10.54% | 0.56x | 1.51x | CN¥-14.36 Million |
| 2024 | 11.53% | 9.69% | 0.82x | 1.46x | CN¥20.43 Million |
Industry Comparison
This section compares Shenzhen Longtech Smart Control 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: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Longtech Smart Control Co. Ltd. (300916) | CN¥1.34 Billion | 20.63% | 0.58x | $790.97 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Shenzhen Longtech Smart Control Co. Ltd.
Shenzhen Longtech Smart Control Co., Ltd. engages in the research and development, design, production, and sales of intelligent controllers and intelligent products. Its products are used in smart home, home appliances, automotive electronics, consumer electronics, energy storage, and other smart controllers, as well as off-grid lighting. The company was founded in 2003 and is headquartered in Sh… Read more