Guangdong Shenling Environmental Systems Co. Ltd. (301018) - Net Assets
Based on the latest financial reports, Guangdong Shenling Environmental Systems Co. Ltd. (301018) has net assets worth CN¥2.67 Billion CNY (≈ $390.83 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¥5.87 Billion ≈ $859.33 Million USD) and total liabilities (CN¥3.20 Billion ≈ $468.50 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 301018 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Guangdong Shenling Environmental Systems balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Guangdong Shenling Environmental Systems (301018) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.55 Billion ≈ $372.70 Million |
+3.08% |
| 2023-12-31 | CN¥2.47 Billion ≈ $361.55 Million |
+54.86% |
| 2022-12-31 | CN¥1.60 Billion ≈ $233.47 Million |
+10.51% |
| 2021-12-31 | CN¥1.44 Billion ≈ $211.28 Million |
+61.94% |
| 2020-12-31 | CN¥891.59 Million ≈ $130.47 Million |
+10.15% |
| 2019-12-31 | CN¥809.42 Million ≈ $118.44 Million |
+9.46% |
| 2018-12-31 | CN¥739.49 Million ≈ $108.21 Million |
+9.97% |
| 2017-12-31 | CN¥672.43 Million ≈ $98.40 Million |
+9.16% |
| 2016-12-31 | CN¥616.02 Million ≈ $90.14 Million |
+10.46% |
| 2015-12-31 | CN¥557.67 Million ≈ $81.61 Million |
+14.27% |
| 2014-12-31 | CN¥488.03 Million ≈ $71.41 Million |
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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.
| Company | Market Cap |
|---|---|
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SA:SBSP3
|
$4.55 Billion |
|
AAC Technologies Holdings Inc
F:A2XN
|
$4.56 Billion |
|
China First Heavy Industries
SHG:601106
|
$4.56 Billion |
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
$4.56 Billion |
|
Amicus Therapeutics Inc
NASDAQ:FOLD
|
$4.54 Billion |
|
360 ONE WAM LIMITED
NSE:360ONE
|
$4.54 Billion |
|
BARRATT DEVEL. UNSP.ADR/2
F:3BAA
|
$4.54 Billion |
|
CENTESSA PHARMACEUTICALS
F:260
|
$4.54 Billion |
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: 12.39x
- 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 42.70x to 12.39x 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¥116.81 | x |
| 2015-12-31 | CN¥3.13 | CN¥116.81 | x |
| 2016-12-31 | CN¥3.42 | CN¥116.81 | x |
| 2017-12-31 | CN¥3.71 | CN¥116.81 | x |
| 2018-12-31 | CN¥4.08 | CN¥116.81 | x |
| 2019-12-31 | CN¥3.35 | CN¥116.81 | x |
| 2020-12-31 | CN¥3.71 | CN¥116.81 | x |
| 2021-12-31 | CN¥6.00 | CN¥116.81 | x |
| 2022-12-31 | CN¥6.61 | CN¥116.81 | x |
| 2023-12-31 | CN¥9.35 | CN¥116.81 | x |
| 2024-12-31 | CN¥9.43 | CN¥116.81 | 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: $1,164,821,620
- Average return on equity (ROE) among peers: -27.63%
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 | $4.55 Billion |
| XJ Electric Co Ltd (000400) | $789.62 Million | 13.31% | 0.28x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $3.00 Billion | 13.36% | 0.15x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $967.32 Million | 3.48% | 4.72x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $141.93 Million | 21.53% | 0.30x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $478.86 Million | 17.57% | 0.71x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $170.82 Million | 5.01% | 0.32x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $3.04 Billion | 19.22% | 1.21x | $9.75 Billion |
About Guangdong Shenling Environmental Systems Co. Ltd.
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