Veken Elite (600152) - Net Assets
Based on the latest financial reports, Veken Elite (600152) has net assets worth CN¥1.61 Billion CNY (≈ $235.01 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¥2.91 Billion ≈ $425.56 Million USD) and total liabilities (CN¥1.30 Billion ≈ $190.56 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. Also explore 600152 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.61 Billion |
| % of Total Assets | 55.22% |
| Annual Growth Rate | 10.69% |
| 5-Year Change | -17.76% |
| 10-Year Change | 189.38% |
| Growth Volatility | 39.58 |
Veken Elite - Net Assets Trend (1995–2025)
This chart illustrates how Veken Elite's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Veken Elite to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Veken Elite (1995–2025)
The table below shows the annual net assets of Veken Elite from 1995 to 2025. For live valuation and market cap data, see Veken Elite stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.63 Billion ≈ $238.89 Million |
-6.32% |
| 2024-12-31 | CN¥1.74 Billion ≈ $255.01 Million |
-2.46% |
| 2023-12-31 | CN¥1.79 Billion ≈ $261.44 Million |
-5.84% |
| 2022-12-31 | CN¥1.90 Billion ≈ $277.65 Million |
-4.41% |
| 2021-12-31 | CN¥1.99 Billion ≈ $290.48 Million |
+39.15% |
| 2020-12-31 | CN¥1.43 Billion ≈ $208.75 Million |
+6.99% |
| 2019-12-31 | CN¥1.33 Billion ≈ $195.10 Million |
-3.00% |
| 2018-12-31 | CN¥1.37 Billion ≈ $201.15 Million |
-1.58% |
| 2017-12-31 | CN¥1.40 Billion ≈ $204.37 Million |
+147.56% |
| 2016-12-31 | CN¥564.15 Million ≈ $82.55 Million |
-14.15% |
| 2015-12-31 | CN¥657.15 Million ≈ $96.16 Million |
+4.60% |
| 2014-12-31 | CN¥628.25 Million ≈ $91.93 Million |
-28.80% |
| 2013-12-31 | CN¥882.35 Million ≈ $129.12 Million |
-11.03% |
| 2012-12-31 | CN¥991.70 Million ≈ $145.12 Million |
-14.17% |
| 2011-12-31 | CN¥1.16 Billion ≈ $169.07 Million |
+4.61% |
| 2010-12-31 | CN¥1.10 Billion ≈ $161.62 Million |
+8.13% |
| 2009-12-31 | CN¥1.02 Billion ≈ $149.46 Million |
+1.10% |
| 2008-12-31 | CN¥1.01 Billion ≈ $147.83 Million |
-2.88% |
| 2007-12-31 | CN¥1.04 Billion ≈ $152.21 Million |
+15.09% |
| 2006-12-31 | CN¥903.80 Million ≈ $132.25 Million |
+2.14% |
| 2005-12-31 | CN¥884.83 Million ≈ $129.48 Million |
+1.29% |
| 2004-12-31 | CN¥873.55 Million ≈ $127.83 Million |
+5.34% |
| 2003-12-31 | CN¥829.30 Million ≈ $121.35 Million |
+13.53% |
| 2002-12-31 | CN¥730.48 Million ≈ $106.89 Million |
+14.58% |
| 2001-12-31 | CN¥637.55 Million ≈ $93.29 Million |
+8.93% |
| 2000-12-31 | CN¥585.30 Million ≈ $85.65 Million |
+46.87% |
| 1999-12-31 | CN¥398.51 Million ≈ $58.31 Million |
+10.09% |
| 1998-12-31 | CN¥361.99 Million ≈ $52.97 Million |
+144.86% |
| 1997-12-31 | CN¥147.84 Million ≈ $21.63 Million |
+11.45% |
| 1996-12-31 | CN¥132.65 Million ≈ $19.41 Million |
+71.08% |
| 1995-12-31 | CN¥77.54 Million ≈ $11.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Veken Elite'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 decreased by 395288.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.19 Billion | 131.75% |
| Total Equity | CN¥1.66 Billion | 100.00% |
Veken Elite Competitors by Market Cap
The table below lists competitors of Veken Elite ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Flowers King
SHG:603007
|
$595.48 Million |
|
Franklin BSP Realty Trust Inc
NYSE:FBRT
|
$595.69 Million |
|
Shandong Astro-century Education&Technology Co Ltd
SHE:300654
|
$595.76 Million |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
$595.92 Million |
|
Wowprime Corp
TW:2727
|
$595.20 Million |
|
Log-In Logística Intermodal S.A
SA:LOGN3
|
$595.14 Million |
|
Shanghai Jin Jiang International Industrial Investment Co Ltd A
SHG:600650
|
$594.94 Million |
|
Stendörren Fastigheter AB (publ)
ST:STEF-B
|
$594.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veken Elite's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,762,087,342 to 1,664,662,818, a change of -97,424,524 (-5.5%).
- Net loss of 96,701,631 reduced equity.
- Dividend payments of 2,572,083 reduced retained earnings.
- Other comprehensive income decreased equity by 151,132,935.
- Other factors increased equity by 152,982,126.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-96.70 Million | -5.81% |
| Dividends Paid | CN¥2.57 Million | -0.15% |
| Other Comprehensive Income | CN¥-151.13 Million | -9.08% |
| Other Changes | CN¥152.98 Million | +9.19% |
| Total Change | CN¥- | -5.53% |
Book Value vs Market Value Analysis
This analysis compares Veken Elite'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: 2.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.28x to 2.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.26 | CN¥7.69 | x |
| 1996-12-31 | CN¥0.43 | CN¥7.69 | x |
| 1997-12-31 | CN¥0.46 | CN¥7.69 | x |
| 1998-12-31 | CN¥1.18 | CN¥7.69 | x |
| 1999-12-31 | CN¥1.32 | CN¥7.69 | x |
| 2000-12-31 | CN¥1.94 | CN¥7.69 | x |
| 2001-12-31 | CN¥2.01 | CN¥7.69 | x |
| 2002-12-31 | CN¥2.08 | CN¥7.69 | x |
| 2003-12-31 | CN¥2.25 | CN¥7.69 | x |
| 2004-12-31 | CN¥2.36 | CN¥7.69 | x |
| 2005-12-31 | CN¥2.42 | CN¥7.69 | x |
| 2006-12-31 | CN¥2.50 | CN¥7.69 | x |
| 2007-12-31 | CN¥2.93 | CN¥7.69 | x |
| 2008-12-31 | CN¥2.84 | CN¥7.69 | x |
| 2009-12-31 | CN¥2.93 | CN¥7.69 | x |
| 2010-12-31 | CN¥3.00 | CN¥7.69 | x |
| 2011-12-31 | CN¥3.14 | CN¥7.69 | x |
| 2012-12-31 | CN¥2.63 | CN¥7.69 | x |
| 2013-12-31 | CN¥2.72 | CN¥7.69 | x |
| 2014-12-31 | CN¥1.98 | CN¥7.69 | x |
| 2015-12-31 | CN¥2.02 | CN¥7.69 | x |
| 2016-12-31 | CN¥1.64 | CN¥7.69 | x |
| 2017-12-31 | CN¥3.70 | CN¥7.69 | x |
| 2018-12-31 | CN¥3.15 | CN¥7.69 | x |
| 2019-12-31 | CN¥3.22 | CN¥7.69 | x |
| 2020-12-31 | CN¥3.38 | CN¥7.69 | x |
| 2021-12-31 | CN¥4.42 | CN¥7.69 | x |
| 2022-12-31 | CN¥3.60 | CN¥7.69 | x |
| 2023-12-31 | CN¥3.44 | CN¥7.69 | x |
| 2024-12-31 | CN¥3.07 | CN¥7.69 | x |
| 2025-12-31 | CN¥3.15 | CN¥7.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veken Elite 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): -5.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.83%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.72x
- Recent ROE (-5.81%) is below the historical average (3.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 22.90% | 8.18% | 0.80x | 3.48x | CN¥9.96 Million |
| 1996 | 19.49% | 11.35% | 0.70x | 2.45x | CN¥12.12 Million |
| 1997 | 22.37% | 8.99% | 0.90x | 2.76x | CN¥16.72 Million |
| 1998 | 11.52% | 9.16% | 0.70x | 1.79x | CN¥5.29 Million |
| 1999 | 13.27% | 8.52% | 0.76x | 2.05x | CN¥12.64 Million |
| 2000 | 8.73% | 3.82% | 1.51x | 1.51x | CN¥-7.26 Million |
| 2001 | 8.06% | 4.34% | 1.12x | 1.66x | CN¥-11.47 Million |
| 2002 | 7.40% | 3.35% | 1.05x | 2.11x | CN¥-15.89 Million |
| 2003 | 7.13% | 3.04% | 1.04x | 2.25x | CN¥-18.96 Million |
| 2004 | 7.26% | 2.54% | 1.18x | 2.42x | CN¥-19.04 Million |
| 2005 | 4.59% | 1.28% | 1.37x | 2.63x | CN¥-38.55 Million |
| 2006 | 4.77% | 1.32% | 1.35x | 2.67x | CN¥-38.35 Million |
| 2007 | 12.84% | 4.38% | 0.94x | 3.13x | CN¥24.46 Million |
| 2008 | 0.53% | 0.18% | 0.94x | 3.14x | CN¥-79.02 Million |
| 2009 | 2.65% | 1.04% | 0.62x | 4.14x | CN¥-63.17 Million |
| 2010 | 7.08% | 1.62% | 1.02x | 4.30x | CN¥-25.71 Million |
| 2011 | 10.25% | 2.03% | 1.43x | 3.52x | CN¥2.30 Million |
| 2012 | -19.00% | -4.97% | 1.05x | 3.65x | CN¥-223.88 Million |
| 2013 | 3.99% | 1.37% | 0.99x | 2.94x | CN¥-48.05 Million |
| 2014 | -37.99% | -17.61% | 0.71x | 3.04x | CN¥-278.86 Million |
| 2015 | 7.46% | 5.87% | 0.54x | 2.34x | CN¥-15.07 Million |
| 2016 | -9.27% | -2.75% | 1.76x | 1.91x | CN¥-106.06 Million |
| 2017 | 1.14% | 1.00% | 0.59x | 1.93x | CN¥-124.70 Million |
| 2018 | 3.90% | 3.41% | 0.65x | 1.77x | CN¥-85.24 Million |
| 2019 | -4.71% | -3.90% | 0.60x | 2.00x | CN¥-200.04 Million |
| 2020 | 3.45% | 2.82% | 0.55x | 2.23x | CN¥-93.16 Million |
| 2021 | -6.40% | -6.13% | 0.51x | 2.03x | CN¥-325.76 Million |
| 2022 | -5.55% | -4.51% | 0.67x | 1.85x | CN¥-293.90 Million |
| 2023 | -6.69% | -7.19% | 0.52x | 1.80x | CN¥-300.11 Million |
| 2024 | -1.63% | -1.88% | 0.52x | 1.66x | CN¥-204.91 Million |
| 2025 | -5.81% | -6.83% | 0.49x | 1.72x | CN¥-263.17 Million |
Industry Comparison
This section compares Veken Elite's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $7,019,156,914
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veken Elite (600152) | CN¥1.61 Billion | 22.90% | 0.81x | $595.37 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $242.20 Million | 9.11% | 0.54x | $286.84 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $652.37 Million | 31.58% | 4.17x | $1.40 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $778.27 Million | -21.34% | 3.77x | $427.19 Million |
| CPT Technology Group Co Ltd (000536) | $3.17 Billion | 11.02% | 0.49x | $1.31 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.08 Billion | 1.44% | 0.29x | $8.80 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $486.55 Million |
| BOE Technology Group Co Ltd (000725) | $38.15 Billion | 6.17% | 1.43x | $28.83 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $3.57 Billion | 3.61% | 0.48x | $3.33 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.28 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $6.58 Billion | 8.44% | 0.52x | $4.09 Billion |
About Veken Elite
Veken Technology Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of lithium batteries in China and internationally. It offers cell phone battery, tablet/laptop battery, high rate battery, and mobile power products; electric bicycle, electric motorcycle, tricycle, shared swap class, power tool drive, vacuum cleaner drive, motorized curtain … Read more