Shenzhen SOFARSOLAR Co., Ltd.
Shenzhen SOFARSOLAR Co., Ltd. provides solar PV and energy storage solutions for residential, commercial, industrial, and utility-scale applications in China and internationally. The company offers photovoltaic (PV) inverters, photovoltaic energy storage inverters, energy storage batteries, and photovoltaic system accessories; hybrid inverters; microinverters; residential PV inverters, ESS, and s… Read more
Shenzhen SOFARSOLAR Co., Ltd. (301658) - Net Assets
Latest net assets as of September 2025: CN¥3.16 Billion CNY
Based on the latest financial reports, Shenzhen SOFARSOLAR Co., Ltd. (301658) has net assets worth CN¥3.16 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¥4.90 Billion) and total liabilities (CN¥1.75 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¥3.16 Billion |
| % of Total Assets | 64.41% |
| Annual Growth Rate | 108.74% |
| 5-Year Change | 991.61% |
| 10-Year Change | N/A |
| Growth Volatility | 132.63 |
Shenzhen SOFARSOLAR Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Shenzhen SOFARSOLAR 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 Shenzhen SOFARSOLAR Co., Ltd. (2019–2024)
The table below shows the annual net assets of Shenzhen SOFARSOLAR Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.65 Billion | +12.63% |
| 2023-12-31 | CN¥2.35 Billion | +18.69% |
| 2022-12-31 | CN¥1.98 Billion | +86.70% |
| 2021-12-31 | CN¥1.06 Billion | +337.38% |
| 2020-12-31 | CN¥242.81 Million | +263.63% |
| 2019-12-31 | CN¥66.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen SOFARSOLAR 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 155911294883.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.55 Billion | 58.60% |
| Common Stock | CN¥371.13 Million | 14.00% |
| Other Components | CN¥726.14 Million | 27.40% |
| Total Equity | CN¥2.65 Billion | 100.00% |
Shenzhen SOFARSOLAR Co., Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen SOFARSOLAR Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shree Vasu Logistics Limited
NSE:SVLL
|
$62.40K |
|
SNAM (SNM.SG)
STU:SNM
|
$62.43K |
|
International Equities Corporation Limited
AU:IEQ
|
$62.47K |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
$62.48K |
|
Bryn Resources Inc
PINK:BRYN
|
$62.20K |
|
First and Goal Capital Corp.
V:FGCC-P
|
$62.19K |
|
Impact Development Group Inc.
V:IMPT
|
$62.17K |
|
JUMBO INTERACT
BE:JUB
|
$62.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen SOFARSOLAR Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,353,342,617 to 2,650,545,534, a change of 297,202,917 (12.6%).
- Net income of 258,877,852 contributed positively to equity growth.
- Dividend payments of 16,762,338 reduced retained earnings.
- Other factors increased equity by 55,087,403.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥258.88 Million | +9.77% |
| Dividends Paid | CN¥16.76 Million | -0.63% |
| Other Changes | CN¥55.09 Million | +2.08% |
| Total Change | CN¥- | 12.63% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen SOFARSOLAR 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: 6.61x
- 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 69.61x to 6.61x 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¥0.68 | CN¥47.38 | x |
| 2021-12-31 | CN¥2.96 | CN¥47.38 | x |
| 2022-12-31 | CN¥5.35 | CN¥47.38 | x |
| 2023-12-31 | CN¥6.35 | CN¥47.38 | x |
| 2024-12-31 | CN¥7.17 | CN¥47.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen SOFARSOLAR 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): 9.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.55%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.67x
- Recent ROE (9.77%) is below the historical average (40.81%), 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 | 79.41% | 10.08% | 1.57x | 5.03x | CN¥46.35 Million |
| 2020 | 80.81% | 19.17% | 1.25x | 3.37x | CN¥171.92 Million |
| 2021 | 17.59% | 10.23% | 0.79x | 2.17x | CN¥80.65 Million |
| 2022 | 42.81% | 19.05% | 0.90x | 2.51x | CN¥650.60 Million |
| 2023 | 14.49% | 9.11% | 0.76x | 2.09x | CN¥105.68 Million |
| 2024 | 9.77% | 9.55% | 0.61x | 1.67x | CN¥-6.18 Million |
Industry Comparison
This section compares Shenzhen SOFARSOLAR Co., Ltd.'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $4,629,795,698
- Average return on equity (ROE) among peers: 4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen SOFARSOLAR Co., Ltd. (301658) | CN¥3.16 Billion | 79.41% | 0.55x | $62.22K |
| Shenzhen Topraysolar Co Ltd (002218) | $704.57 Million | 4.73% | 0.28x | $670.55 Million |
| JA Solar Technology Co Ltd (002459) | $30.16 Billion | 18.35% | 1.40x | $2.78 Billion |
| GCL System Integration Technology Co Ltd (002506) | $4.29 Billion | 1.05% | 3.39x | $2.32 Billion |
| Changzhou Almaden Co Ltd (002623) | $40.18 Million | 14.90% | 1.71x | $313.43 Million |
| Hainan Drinda Automotive Trim Co Ltd (002865) | $503.78 Million | 9.15% | 1.26x | $2.32 Billion |
| Henan Yicheng New Energy Co Ltd (300080) | $3.27 Billion | 0.58% | 0.91x | $1.28 Billion |
| Gansu Golden Glass Technologies Co Ltd (300093) | $507.06 Million | -25.83% | 0.95x | $512.56 Million |
| Risen Energy (300118) | $3.14 Billion | 10.27% | 1.70x | $2.05 Billion |
| Lingda Group Co Ltd (300125) | $1.03 Billion | 6.42% | 0.30x | $258.47 Million |
| Jolywood Suzhou Sunwatt Co Ltd (300393) | $2.65 Billion | 9.75% | 1.34x | $1.13 Billion |