Guangdong Shenling Environmental Systems Co. Ltd.

SHE:301018 China Electrical Equipment & Parts
Market Cap
$3.48 Billion
CN¥25.54 Billion CNY
Market Cap Rank
#6047 Global
#870 in China
Share Price
CN¥96.01
Change (1 day)
-7.71%
52-Week Range
CN¥30.15 - CN¥111.63
All Time High
CN¥111.63
About

Guangdong Shenling Environmental Systems Co., Ltd. research, develops, designs, manufactures, and markets air conditioning equipment in China and internationally. It offers industrial and special, as well as public and commercial air conditioning units for industrial and research process, public and commercial buildings, and other applications. In addition, the company offers data service product… Read more

Guangdong Shenling Environmental Systems Co. Ltd. (301018) - Net Assets

Latest net assets as of September 2025: CN¥2.67 Billion CNY

Based on the latest financial reports, Guangdong Shenling Environmental Systems Co. Ltd. (301018) has net assets worth CN¥2.67 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.87 Billion) and total liabilities (CN¥3.20 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.67 Billion
% of Total Assets 45.48%
Annual Growth Rate 17.96%
5-Year Change 185.66%
10-Year Change 356.71%
Growth Volatility 19.74

Guangdong Shenling Environmental Systems Co. Ltd. - Net Assets Trend (2014–2024)

This chart illustrates how Guangdong Shenling Environmental Systems Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guangdong Shenling Environmental Systems Co. Ltd. (2014–2024)

The table below shows the annual net assets of Guangdong Shenling Environmental Systems Co. Ltd. from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.55 Billion +3.08%
2023-12-31 CN¥2.47 Billion +54.86%
2022-12-31 CN¥1.60 Billion +10.51%
2021-12-31 CN¥1.44 Billion +61.94%
2020-12-31 CN¥891.59 Million +10.15%
2019-12-31 CN¥809.42 Million +9.46%
2018-12-31 CN¥739.49 Million +9.97%
2017-12-31 CN¥672.43 Million +9.16%
2016-12-31 CN¥616.02 Million +10.46%
2015-12-31 CN¥557.67 Million +14.27%
2014-12-31 CN¥488.03 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Shenling Environmental Systems 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 1062.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥630.90 Million 24.90%
Common Stock CN¥266.05 Million 10.50%
Other Comprehensive Income CN¥123.25 Million 4.86%
Other Components CN¥1.51 Billion 59.73%
Total Equity CN¥2.53 Billion 100.00%

Guangdong Shenling Environmental Systems Co. Ltd. Competitors by Market Cap

The table below lists competitors of Guangdong Shenling Environmental Systems Co. Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong Shenling Environmental Systems Co. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,451,262,131 to 2,533,577,606, a change of 82,315,475 (3.4%).
  • Net income of 115,561,625 contributed positively to equity growth.
  • Dividend payments of 67,004,966 reduced retained earnings.
  • Other comprehensive income increased equity by 21,840,531.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥115.56 Million +4.56%
Dividends Paid CN¥67.00 Million -2.64%
Other Comprehensive Income CN¥21.84 Million +0.86%
Other Changes CN¥11.92 Million +0.47%
Total Change CN¥- 3.36%

Book Value vs Market Value Analysis

This analysis compares Guangdong Shenling Environmental Systems 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: 10.18x
  • 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 35.09x to 10.18x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥2.74 CN¥96.01 x
2015-12-31 CN¥3.13 CN¥96.01 x
2016-12-31 CN¥3.42 CN¥96.01 x
2017-12-31 CN¥3.71 CN¥96.01 x
2018-12-31 CN¥4.08 CN¥96.01 x
2019-12-31 CN¥3.35 CN¥96.01 x
2020-12-31 CN¥3.71 CN¥96.01 x
2021-12-31 CN¥6.00 CN¥96.01 x
2022-12-31 CN¥6.61 CN¥96.01 x
2023-12-31 CN¥9.35 CN¥96.01 x
2024-12-31 CN¥9.43 CN¥96.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Shenling Environmental Systems 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): 4.56%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.83%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 2.12x
  • Recent ROE (4.56%) is below the historical average (10.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 7.40% 4.98% 0.58x 2.58x CN¥-12.68 Million
2015 12.48% 8.32% 0.61x 2.46x CN¥13.81 Million
2016 14.35% 10.73% 0.59x 2.25x CN¥26.78 Million
2017 13.40% 9.26% 0.63x 2.30x CN¥22.84 Million
2018 13.96% 9.24% 0.68x 2.24x CN¥29.28 Million
2019 12.61% 7.47% 0.69x 2.43x CN¥21.00 Million
2020 14.00% 8.49% 0.57x 2.87x CN¥35.59 Million
2021 9.74% 7.80% 0.56x 2.25x CN¥-3.69 Million
2022 10.48% 7.49% 0.61x 2.28x CN¥7.63 Million
2023 4.28% 4.18% 0.53x 1.94x CN¥-140.23 Million
2024 4.56% 3.83% 0.56x 2.12x CN¥-137.80 Million

Industry Comparison

This section compares Guangdong Shenling Environmental Systems 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: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Shenling Environmental Systems Co. Ltd. (301018) CN¥2.67 Billion 7.40% 1.20x $1.41 Billion
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion