Shenzhen Minglida Precision Technology Co. Ltd. (301268) - Net Assets
Based on the latest financial reports, Shenzhen Minglida Precision Technology Co. Ltd. (301268) has net assets worth CN¥1.82 Billion CNY (≈ $266.83 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¥6.24 Billion ≈ $912.79 Million USD) and total liabilities (CN¥4.41 Billion ≈ $645.96 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 301268 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.82 Billion |
| % of Total Assets | 29.23% |
| Annual Growth Rate | 31.49% |
| 5-Year Change | 195.15% |
| 10-Year Change | N/A |
| Growth Volatility | 69.24 |
Shenzhen Minglida Precision Technology Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Shenzhen Minglida Precision Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Minglida Precision Technology C total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Minglida Precision Technology Co. Ltd. (2019–2024)
The table below shows the annual net assets of Shenzhen Minglida Precision Technology Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see market value of Shenzhen Minglida Precision Technology C.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.90 Billion ≈ $278.58 Million |
-26.19% |
| 2023-12-31 | CN¥2.58 Billion ≈ $377.42 Million |
+16.57% |
| 2022-12-31 | CN¥2.21 Billion ≈ $323.77 Million |
+177.30% |
| 2021-12-31 | CN¥797.90 Million ≈ $116.76 Million |
+23.70% |
| 2020-12-31 | CN¥645.02 Million ≈ $94.39 Million |
+33.27% |
| 2019-12-31 | CN¥483.98 Million ≈ $70.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Minglida Precision 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 284.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥391.55 Million | 20.57% |
| Other Components | CN¥1.51 Billion | 79.43% |
| Total Equity | CN¥1.90 Billion | 100.00% |
Shenzhen Minglida Precision Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen Minglida Precision Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Create Technology & Science Co Ltd
SHE:000551
|
$1.23 Billion |
|
Hyprop
JSE:HYP
|
$1.23 Billion |
|
Tessenderlo
BR:TESB
|
$1.23 Billion |
|
Dongguan Mentech Optical & Magnetic Co Ltd
SHE:002902
|
$1.23 Billion |
|
Omai Gold Mines Corp
V:OMG
|
$1.23 Billion |
|
Berkshire Hills Bancorp Inc
NYSE:BHLB
|
$1.23 Billion |
|
Capital Clean Energy Carriers Corp.
NASDAQ:CCEC
|
$1.23 Billion |
|
Adriatic Metals Plc
F:3FN
|
$1.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Minglida Precision Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,579,211,642 to 1,903,770,995, a change of -675,440,647 (-26.2%).
- Net loss of 469,337,284 reduced equity.
- Dividend payments of 123,225,126 reduced retained earnings.
- Other factors decreased equity by 82,878,238.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-469.34 Million | -24.65% |
| Dividends Paid | CN¥123.23 Million | -6.47% |
| Other Changes | CN¥-82.88 Million | -4.35% |
| Total Change | CN¥- | -26.19% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Minglida Precision 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: 4.41x
- 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 15.61x to 4.41x 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¥1.34 | CN¥20.99 | x |
| 2020-12-31 | CN¥1.79 | CN¥20.99 | x |
| 2021-12-31 | CN¥2.22 | CN¥20.99 | x |
| 2022-12-31 | CN¥5.53 | CN¥20.99 | x |
| 2023-12-31 | CN¥6.45 | CN¥20.99 | x |
| 2024-12-31 | CN¥4.76 | CN¥20.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Minglida Precision 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): -24.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.34%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 3.21x
- Recent ROE (-24.65%) is below the historical average (11.80%), 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 | 19.81% | 7.05% | 0.88x | 3.19x | CN¥47.48 Million |
| 2020 | 26.45% | 11.25% | 0.93x | 2.52x | CN¥106.13 Million |
| 2021 | 18.57% | 8.06% | 0.86x | 2.69x | CN¥68.39 Million |
| 2022 | 18.21% | 12.52% | 0.69x | 2.12x | CN¥181.70 Million |
| 2023 | 12.39% | 7.85% | 0.72x | 2.19x | CN¥61.69 Million |
| 2024 | -24.65% | -18.34% | 0.42x | 3.21x | CN¥-659.71 Million |
Industry Comparison
This section compares Shenzhen Minglida Precision Technology Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,971,910,418
- Average return on equity (ROE) among peers: 12.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Minglida Precision Technology Co. Ltd. (301268) | CN¥1.82 Billion | 19.81% | 2.42x | $1.23 Billion |
| China International Marine Containers Group Ltd (000039) | $2.15 Billion | 11.96% | 2.07x | $3.43 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $344.50 Million | 31.14% | 1.27x | $338.12 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.31 Billion | 2.26% | 0.75x | $392.03 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.18 Billion | 6.94% | 0.10x | $1.08 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.81 Billion | 5.91% | 0.16x | $1.56 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $4.27 Billion | -5.82% | 1.00x | $1.76 Billion |
| Dajin Heavy Industry Corp (002487) | $6.91 Billion | 6.15% | 0.48x | $7.07 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $81.81 Million | 33.34% | 0.68x | $474.14 Million |
| Guangzheng Group Co Ltd (002524) | $512.77 Million | 5.44% | 0.82x | $305.41 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $146.06 Million | 25.37% | 3.94x | $1.79 Billion |
About Shenzhen Minglida Precision Technology Co. Ltd.
Shenzhen Minglida Precision Technology Co., Ltd. engages in the research and development, design, production, and sales of precision structural parts and molds in China and internationally. It offers precision metal structural parts and precision plastic structural parts; precision die-casting structural parts, including metal shells, brackets, internal support structures, automotive lightweight … Read more