Smartgen (Zhengzhou) Technology Co. Ltd. A (301361) - Net Assets
Based on the latest financial reports, Smartgen (Zhengzhou) Technology Co. Ltd. A (301361) has net assets worth CN¥1.18 Billion CNY (≈ $172.81 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¥1.23 Billion ≈ $179.98 Million USD) and total liabilities (CN¥48.97 Million ≈ $7.17 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 301361 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.18 Billion |
| % of Total Assets | 96.02% |
| Annual Growth Rate | 59.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 128.88 |
Smartgen (Zhengzhou) Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Smartgen (Zhengzhou) Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Smartgen (Zhengzhou) Technology Co. Ltd. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Smartgen (Zhengzhou) Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Smartgen (Zhengzhou) Technology Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see 301361 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.15 Billion ≈ $168.08 Million |
+6.07% |
| 2023-12-31 | CN¥1.08 Billion ≈ $158.46 Million |
+6.82% |
| 2022-12-31 | CN¥1.01 Billion ≈ $148.33 Million |
+313.48% |
| 2021-12-31 | CN¥245.16 Million ≈ $35.87 Million |
+39.61% |
| 2020-12-31 | CN¥175.61 Million ≈ $25.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smartgen (Zhengzhou) Technology Co. Ltd. A'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 509.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥278.83 Million | 24.28% |
| Other Components | CN¥869.79 Million | 75.72% |
| Total Equity | CN¥1.15 Billion | 100.00% |
Smartgen (Zhengzhou) Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Smartgen (Zhengzhou) Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qingdao Citymedia Co Ltd
SHG:600229
|
$611.03 Million |
|
Energy Absolute Public Company Limited
BK:EA
|
$611.13 Million |
|
SUNIC SYSTEM Co. Ltd
KQ:171090
|
$611.13 Million |
|
Sellas Life Sciences Group Inc
NASDAQ:SLS
|
$611.31 Million |
|
Cass Information Systems Inc
NASDAQ:CASS
|
$610.56 Million |
|
Chengdu Road & Bridge Engineering Co Ltd
SHE:002628
|
$610.44 Million |
|
Grupo Supervielle S.A
F:189A
|
$610.24 Million |
|
Baramulti Suksessarana Tbk
JK:BSSR
|
$610.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartgen (Zhengzhou) Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,082,856,923 to 1,148,615,924, a change of 65,759,001 (6.1%).
- Net income of 79,719,321 contributed positively to equity growth.
- Dividend payments of 13,960,320 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.72 Million | +6.94% |
| Dividends Paid | CN¥13.96 Million | -1.22% |
| Other Changes | CN¥-0.00 | -0.0% |
| Total Change | CN¥- | 6.07% |
Book Value vs Market Value Analysis
This analysis compares Smartgen (Zhengzhou) Technology Co. Ltd. A'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: 3.63x
- 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 17.83x to 3.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥2.01 | CN¥35.88 | x |
| 2021-12-31 | CN¥2.81 | CN¥35.88 | x |
| 2022-12-31 | CN¥8.71 | CN¥35.88 | x |
| 2023-12-31 | CN¥9.31 | CN¥35.88 | x |
| 2024-12-31 | CN¥9.87 | CN¥35.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartgen (Zhengzhou) Technology Co. Ltd. A 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.39%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.05x
- Recent ROE (6.94%) is below the historical average (16.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 34.45% | 34.43% | 0.80x | 1.25x | CN¥42.94 Million |
| 2021 | 27.79% | 33.49% | 0.67x | 1.24x | CN¥43.61 Million |
| 2022 | 5.91% | 29.91% | 0.19x | 1.07x | CN¥-41.41 Million |
| 2023 | 6.76% | 33.25% | 0.19x | 1.04x | CN¥-35.12 Million |
| 2024 | 6.94% | 33.39% | 0.20x | 1.05x | CN¥-35.14 Million |
Industry Comparison
This section compares Smartgen (Zhengzhou) Technology Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartgen (Zhengzhou) Technology Co. Ltd. A (301361) | CN¥1.18 Billion | 34.45% | 0.04x | $610.81 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Smartgen (Zhengzhou) Technology Co. Ltd. A
SMARTGEN (Zhengzhou) Technology Co., Ltd. engages in the research and development, manufacturing, sales, and service of control systems in China. It offers genset controller, new energy controller, ATSE controller, marine diesel controller, engine controller, marine generator control module, expansion module, charger, voltage regulator, control panel, ATS, heater, cloud monitoring modem, module, … Read more