Anhui Shiny Electronic Technology Company Limited (300956) - Net Assets
Based on the latest financial reports, Anhui Shiny Electronic Technology Company Limited (300956) has net assets worth CN¥1.39 Billion CNY (≈ $203.00 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¥3.21 Billion ≈ $469.82 Million USD) and total liabilities (CN¥1.82 Billion ≈ $266.81 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. Explore cash efficiency ratio of Anhui Shiny Electronic Technology Compan to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.39 Billion |
| % of Total Assets | 43.21% |
| Annual Growth Rate | 19.03% |
| 5-Year Change | 103.98% |
| 10-Year Change | N/A |
| Growth Volatility | 21.98 |
Anhui Shiny Electronic Technology Company Limited - Net Assets Trend (2019–2024)
This chart illustrates how Anhui Shiny Electronic Technology Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Anhui Shiny Electronic Technology Compan assets under control for the complete picture of this company's asset base.
Annual Net Assets for Anhui Shiny Electronic Technology Company Limited (2019–2024)
The table below shows the annual net assets of Anhui Shiny Electronic Technology Company Limited from 2019 to 2024. For live valuation and market cap data, see Anhui Shiny Electronic Technology Compan market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.39 Billion ≈ $203.04 Million |
+23.43% |
| 2023-12-31 | CN¥1.12 Billion ≈ $164.50 Million |
-3.20% |
| 2022-12-31 | CN¥1.16 Billion ≈ $169.94 Million |
+6.13% |
| 2021-12-31 | CN¥1.09 Billion ≈ $160.12 Million |
+60.87% |
| 2020-12-31 | CN¥680.22 Million ≈ $99.54 Million |
+17.16% |
| 2019-12-31 | CN¥580.59 Million ≈ $84.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Shiny Electronic Technology Company Limited'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 16.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥280.96 Million | 20.28% |
| Other Components | CN¥1.10 Billion | 79.72% |
| Total Equity | CN¥1.39 Billion | 100.00% |
Anhui Shiny Electronic Technology Company Limited Competitors by Market Cap
The table below lists competitors of Anhui Shiny Electronic Technology Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Calfrac Well Services Ltd.
TO:CFW
|
$442.96 Million |
|
Suzhou Industrial Park Heshun Electric Co Ltd
SHE:300141
|
$442.96 Million |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
$443.02 Million |
|
Green Cross
KO:005250
|
$443.37 Million |
|
Cloudberry Clean Energy As
OL:CLOUD
|
$442.78 Million |
|
Shenzhen Liantronics
SHE:300269
|
$442.74 Million |
|
Shinhan Alpha REIT Co Ltd
KO:293940
|
$442.58 Million |
|
Imricor Medical Systems Inc
AU:IMR
|
$442.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Shiny Electronic Technology Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,120,712,898 to 1,385,104,511, a change of 264,391,613 (23.6%).
- Net income of 10,267,736 contributed positively to equity growth.
- Dividend payments of 24,158,154 reduced retained earnings.
- Other factors increased equity by 278,282,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥10.27 Million | +0.74% |
| Dividends Paid | CN¥24.16 Million | -1.74% |
| Other Changes | CN¥278.28 Million | +20.09% |
| Total Change | CN¥- | 23.59% |
Book Value vs Market Value Analysis
This analysis compares Anhui Shiny Electronic Technology Company Limited'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: 2.19x
- 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 2.40x to 2.19x 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¥5.86 | CN¥14.05 | x |
| 2020-12-31 | CN¥5.73 | CN¥14.05 | x |
| 2021-12-31 | CN¥5.72 | CN¥14.05 | x |
| 2022-12-31 | CN¥6.08 | CN¥14.05 | x |
| 2023-12-31 | CN¥5.90 | CN¥14.05 | x |
| 2024-12-31 | CN¥6.43 | CN¥14.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Shiny Electronic Technology Company Limited 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): 0.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.56%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.14x
- Recent ROE (0.74%) is below the historical average (5.80%), 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 | 19.09% | 8.78% | 0.94x | 2.31x | CN¥52.80 Million |
| 2020 | 14.63% | 6.58% | 0.88x | 2.52x | CN¥31.52 Million |
| 2021 | 5.84% | 3.89% | 0.74x | 2.03x | CN¥-45.22 Million |
| 2022 | -2.41% | -2.03% | 0.65x | 1.82x | CN¥-143.42 Million |
| 2023 | -3.12% | -2.36% | 0.60x | 2.22x | CN¥-147.08 Million |
| 2024 | 0.74% | 0.56% | 0.62x | 2.14x | CN¥-128.24 Million |
Industry Comparison
This section compares Anhui Shiny Electronic Technology Company Limited's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $8,635,242,153
- Average return on equity (ROE) among peers: 6.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Shiny Electronic Technology Company Limited (300956) | CN¥1.39 Billion | 19.09% | 1.31x | $442.91 Million |
| China International Marine Containers Group Ltd (000039) | $63.51 Billion | 0.35% | 1.64x | $3.48 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $185.80 Million | 14.21% | 4.20x | $325.72 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.36 Billion | 2.04% | 0.54x | $376.63 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $3.08 Billion | 6.48% | 0.54x | $1.09 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $2.93 Billion | 6.91% | 0.38x | $1.47 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.38 Billion | 4.44% | 0.48x | $1.72 Billion |
| Dajin Heavy Industry Corp (002487) | $3.00 Billion | 19.25% | 1.22x | $6.97 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $1.02 Billion | 4.60% | 0.38x | $507.85 Million |
| Guangzheng Group Co Ltd (002524) | $285.90 Million | 3.24% | 4.42x | $291.08 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $9.61 Billion | 8.03% | 1.63x | $1.86 Billion |
About Anhui Shiny Electronic Technology Company Limited
Anhui Shiny Electronic Technology Company Limited engages in the research, development, design, production, and sales of consumer electronic product structural parts modules and related precision molds in China and internationally. The company offers stamping parts, plastic structural parts, metal structural parts, molds, hardware accessories, injection molding parts, spray coating, plastics vacu… Read more