Shenzhen King Brother Electronics Technology Co.Ltd. (301041) - Net Assets
Based on the latest financial reports, Shenzhen King Brother Electronics Technology Co.Ltd. (301041) has net assets worth CN¥677.81 Million CNY (≈ $99.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥937.79 Million ≈ $137.23 Million USD) and total liabilities (CN¥259.98 Million ≈ $38.04 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 tangible equity quality of Shenzhen King Brother Electronics Techno to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥677.81 Million |
| % of Total Assets | 72.28% |
| Annual Growth Rate | 11.6% |
| 5-Year Change | 11.25% |
| 10-Year Change | N/A |
| Growth Volatility | 17.41 |
Shenzhen King Brother Electronics Technology Co.Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how Shenzhen King Brother Electronics Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See Shenzhen King Brother Electronics Techno liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen King Brother Electronics Technology Co.Ltd. (2019–2025)
The table below shows the annual net assets of Shenzhen King Brother Electronics Technology Co.Ltd. from 2019 to 2025. For live valuation and market cap data, see 301041 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥678.28 Million ≈ $99.25 Million |
-1.35% |
| 2024-12-31 | CN¥687.53 Million ≈ $100.61 Million |
+2.74% |
| 2023-12-31 | CN¥669.22 Million ≈ $97.93 Million |
+5.33% |
| 2022-12-31 | CN¥635.38 Million ≈ $92.98 Million |
+4.21% |
| 2021-12-31 | CN¥609.72 Million ≈ $89.22 Million |
+49.91% |
| 2020-12-31 | CN¥406.72 Million ≈ $59.52 Million |
+15.88% |
| 2019-12-31 | CN¥350.99 Million ≈ $51.36 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen King Brother Electronics 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 177.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥314.77 Million | 46.26% |
| Other Components | CN¥365.63 Million | 53.74% |
| Total Equity | CN¥680.40 Million | 100.00% |
Shenzhen King Brother Electronics Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen King Brother Electronics Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jihua Group Co Ltd
SHG:603980
|
$579.40 Million |
|
Qingdao Copton Technology Co Ltd
SHG:603798
|
$579.41 Million |
|
Pharmicell
KO:005690
|
$579.46 Million |
|
Ta Ann Holdings Bhd
KLSE:5012
|
$579.47 Million |
|
Qurient Co. Ltd
KQ:115180
|
$579.17 Million |
|
Dexterra Group Inc
TO:DXT
|
$579.00 Million |
|
Aprogen KIC Inc
KO:007460
|
$578.94 Million |
|
Brainsway Ltd
NASDAQ:BWAY
|
$578.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen King Brother Electronics Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 685,733,991 to 680,395,458, a change of -5,338,533 (-0.8%).
- Net income of 20,160,727 contributed positively to equity growth.
- Dividend payments of 12,203,546 reduced retained earnings.
- Other factors decreased equity by 13,295,714.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥20.16 Million | +2.96% |
| Dividends Paid | CN¥12.20 Million | -1.79% |
| Other Changes | CN¥-13.30 Million | -1.95% |
| Total Change | CN¥- | -0.78% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen King Brother Electronics 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: 5.82x
- 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 8.54x to 5.82x 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¥4.35 | CN¥37.11 | x |
| 2020-12-31 | CN¥5.05 | CN¥37.11 | x |
| 2021-12-31 | CN¥5.69 | CN¥37.11 | x |
| 2022-12-31 | CN¥5.94 | CN¥37.11 | x |
| 2023-12-31 | CN¥6.26 | CN¥37.11 | x |
| 2024-12-31 | CN¥6.43 | CN¥37.11 | x |
| 2025-12-31 | CN¥6.38 | CN¥37.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen King Brother Electronics 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): 2.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.88%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.36x
- Recent ROE (2.96%) is below the historical average (8.00%), 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 | 13.64% | 9.05% | 0.99x | 1.52x | CN¥12.67 Million |
| 2020 | 13.96% | 9.69% | 0.91x | 1.59x | CN¥16.00 Million |
| 2021 | 8.46% | 7.35% | 0.80x | 1.43x | CN¥-9.35 Million |
| 2022 | 5.35% | 5.20% | 0.78x | 1.32x | CN¥-29.48 Million |
| 2023 | 5.93% | 6.24% | 0.70x | 1.36x | CN¥-27.17 Million |
| 2024 | 5.70% | 5.72% | 0.77x | 1.29x | CN¥-29.51 Million |
| 2025 | 2.96% | 2.88% | 0.76x | 1.36x | CN¥-47.88 Million |
Industry Comparison
This section compares Shenzhen King Brother Electronics 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: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen King Brother Electronics Technology Co.Ltd. (301041) | CN¥677.81 Million | 13.64% | 0.38x | $579.31 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Shenzhen King Brother Electronics Technology Co.Ltd.
Shenzhen King Brother Electronics Technology Co.,Ltd. provides integrated design-manufacture services in China and internationally. The company specializes in providing hardware designing and manufacturing services, including hardware ODM, CAD design, printed circuit board (PCB) fabrication, surface mount technology (SMT), electronical manufacturing service (EMS), testing and integrated design-ma… Read more