Shenzhen Kingdom SCI Tech Co Ltd

SHG:600446 China Software - Application
Market Cap
$1.80 Billion
CN¥13.20 Billion CNY
Market Cap Rank
#6380 Global
#965 in China
Share Price
CN¥14.02
Change (1 day)
-2.57%
52-Week Range
CN¥13.86 - CN¥22.43
All Time High
CN¥54.06
Categories
Companies in China Software - Application Technology AI & Machine Learning
About

Shenzhen Kingdom Sci-Tech Co., Ltd is mainly engaged in the provision of financial technology services, full technology stack and full product line solutions in China. The company offers securities brokerage software business, asset management institution software business, banking institution software business, other financial software business and customized service business. The company also h… Read more

Shenzhen Kingdom SCI Tech Co Ltd (600446) - Net Assets

Latest net assets as of September 2025: CN¥3.81 Billion CNY

Based on the latest financial reports, Shenzhen Kingdom SCI Tech Co Ltd (600446) has net assets worth CN¥3.81 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¥5.35 Billion) and total liabilities (CN¥1.54 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¥3.81 Billion
% of Total Assets 71.24%
Annual Growth Rate 19.54%
5-Year Change 53.98%
10-Year Change 155.86%
Growth Volatility 74.87

Shenzhen Kingdom SCI Tech Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Shenzhen Kingdom SCI Tech 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 Kingdom SCI Tech Co Ltd (2000–2024)

The table below shows the annual net assets of Shenzhen Kingdom SCI Tech Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.78 Billion -5.91%
2023-12-31 CN¥4.02 Billion +3.42%
2022-12-31 CN¥3.89 Billion +4.21%
2021-12-31 CN¥3.73 Billion +51.85%
2020-12-31 CN¥2.46 Billion +17.12%
2019-12-31 CN¥2.10 Billion +14.97%
2018-12-31 CN¥1.83 Billion -19.82%
2017-12-31 CN¥2.28 Billion +33.35%
2016-12-31 CN¥1.71 Billion +15.41%
2015-12-31 CN¥1.48 Billion +57.70%
2014-12-31 CN¥937.96 Million +22.77%
2013-12-31 CN¥764.02 Million +22.15%
2012-12-31 CN¥625.48 Million +6.77%
2011-12-31 CN¥585.80 Million +15.20%
2010-12-31 CN¥508.49 Million +9.17%
2009-12-31 CN¥465.77 Million +3.12%
2008-12-31 CN¥451.69 Million +14.18%
2007-12-31 CN¥395.59 Million +10.95%
2006-12-31 CN¥356.54 Million +22.71%
2005-12-31 CN¥290.55 Million -14.01%
2004-12-31 CN¥337.89 Million +6.72%
2003-12-31 CN¥316.62 Million +378.92%
2002-12-31 CN¥66.11 Million +16.33%
2001-12-31 CN¥56.83 Million +8.95%
2000-12-31 CN¥52.16 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Kingdom SCI Tech 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 133995376300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.34 Billion 36.73%
Common Stock CN¥946.28 Million 25.94%
Other Comprehensive Income CN¥309.66 Million 8.49%
Other Components CN¥1.05 Billion 28.84%
Total Equity CN¥3.65 Billion 100.00%

Shenzhen Kingdom SCI Tech Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Kingdom SCI Tech Co Ltd ranked by their market capitalization.

Company Market Cap
Topsports International Holdings Limited
PINK:TPSRF
 		$1.27 Billion
Kaynes Technology India Limited
NSE:KAYNES
 		$1.27 Billion
Entra ASA
PINK:ENTOF
 		$1.27 Billion
Zhejiang Changsheng Sliding Bearings Co Ltd Class A
SHE:300718
 		$1.28 Billion
Wuxi Shangji Automation Co Ltd
SHG:603185
 		$1.27 Billion
YOUZU Interactive Co Ltd
SHE:002174
 		$1.27 Billion
Implenia AG
SW:IMPN
 		$1.27 Billion
Hemnet Group AB (publ)
PINK:HMNTY
 		$1.27 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Kingdom SCI Tech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,902,894,866 to 3,647,916,401, a change of -254,978,465 (-6.5%).
  • Net loss of 202,418,434 reduced equity.
  • Dividend payments of 81,352,913 reduced retained earnings.
  • Share repurchases of 20,338,919 reduced equity.
  • Other comprehensive income increased equity by 11,684,898.
  • Other factors increased equity by 37,446,903.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-202.42 Million -5.55%
Dividends Paid CN¥81.35 Million -2.23%
Share Repurchases CN¥20.34 Million -0.56%
Other Comprehensive Income CN¥11.68 Million +0.32%
Other Changes CN¥37.45 Million +1.03%
Total Change CN¥- -6.53%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Kingdom SCI Tech 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: 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 254.36x 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
2000-12-31 CN¥0.06 CN¥14.02 x
2001-12-31 CN¥0.06 CN¥14.02 x
2002-12-31 CN¥0.07 CN¥14.02 x
2003-12-31 CN¥0.34 CN¥14.02 x
2004-12-31 CN¥0.34 CN¥14.02 x
2005-12-31 CN¥0.28 CN¥14.02 x
2006-12-31 CN¥0.41 CN¥14.02 x
2007-12-31 CN¥0.46 CN¥14.02 x
2008-12-31 CN¥0.53 CN¥14.02 x
2009-12-31 CN¥0.55 CN¥14.02 x
2010-12-31 CN¥0.59 CN¥14.02 x
2011-12-31 CN¥0.65 CN¥14.02 x
2012-12-31 CN¥0.72 CN¥14.02 x
2013-12-31 CN¥0.85 CN¥14.02 x
2014-12-31 CN¥1.04 CN¥14.02 x
2015-12-31 CN¥1.56 CN¥14.02 x
2016-12-31 CN¥1.75 CN¥14.02 x
2017-12-31 CN¥2.29 CN¥14.02 x
2018-12-31 CN¥1.90 CN¥14.02 x
2019-12-31 CN¥2.24 CN¥14.02 x
2020-12-31 CN¥2.67 CN¥14.02 x
2021-12-31 CN¥3.84 CN¥14.02 x
2022-12-31 CN¥3.91 CN¥14.02 x
2023-12-31 CN¥4.13 CN¥14.02 x
2024-12-31 CN¥3.86 CN¥14.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Kingdom SCI Tech 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): -5.55%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.31%
  • • Asset Turnover: 0.81x
  • • Equity Multiplier: 1.58x
  • Recent ROE (-5.55%) is below the historical average (13.90%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 49.69% 13.88% 1.23x 2.92x CN¥20.59 Million
2001 53.10% 10.79% 1.89x 2.60x CN¥24.36 Million
2002 51.17% 15.10% 1.45x 2.34x CN¥27.13 Million
2003 10.23% 14.32% 0.58x 1.24x CN¥723.44K
2004 1.23% 0.83% 0.98x 1.51x CN¥-28.08 Million
2005 -15.51% -5.76% 1.55x 1.73x CN¥-66.92 Million
2006 17.41% 5.98% 1.58x 1.84x CN¥23.75 Million
2007 9.53% 3.58% 1.25x 2.13x CN¥-1.69 Million
2008 13.54% 5.13% 1.51x 1.75x CN¥14.74 Million
2009 9.61% 3.33% 1.47x 1.97x CN¥-1.66 Million
2010 8.40% 2.45% 1.81x 1.89x CN¥-7.38 Million
2011 10.28% 2.94% 1.63x 2.15x CN¥1.43 Million
2012 12.54% 3.78% 1.57x 2.12x CN¥14.40 Million
2013 15.99% 5.38% 1.13x 2.64x CN¥40.90 Million
2014 18.30% 6.48% 1.23x 2.29x CN¥69.56 Million
2015 19.85% 9.74% 0.86x 2.38x CN¥126.42 Million
2016 15.99% 6.41% 1.15x 2.16x CN¥88.09 Million
2017 6.99% 3.12% 0.93x 2.41x CN¥-56.81 Million
2018 -7.16% -2.38% 1.27x 2.36x CN¥-278.99 Million
2019 12.45% 4.91% 1.08x 2.34x CN¥47.06 Million
2020 15.55% 6.30% 1.10x 2.24x CN¥126.90 Million
2021 7.06% 3.75% 1.01x 1.86x CN¥-103.90 Million
2022 7.23% 4.16% 0.97x 1.79x CN¥-103.23 Million
2023 9.46% 5.94% 0.92x 1.72x CN¥-20.96 Million
2024 -5.55% -4.31% 0.81x 1.58x CN¥-567.21 Million

Industry Comparison

This section compares Shenzhen Kingdom SCI Tech Co Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $3,048,736,079
  • Average return on equity (ROE) among peers: 11.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Kingdom SCI Tech Co Ltd (600446) CN¥3.81 Billion 49.69% 0.40x $1.27 Billion
Digital China Information Service Co Ltd (000555) $-125.57 Million 0.00% 0.00x $1.17 Billion
Fujian Newland Computer Co Ltd (000997) $6.71 Billion 14.96% 0.97x $2.06 Billion
YGSOFT Inc (002063) $2.10 Billion 8.22% 0.19x $1.26 Billion
Dhc Software Co Ltd (002065) $8.61 Billion 13.26% 0.30x $2.40 Billion
Zhejiang Netsun Co Ltd (002095) $1.07 Billion 1.80% 0.22x $322.94 Million
Montnets Cloud Technology Group Co Ltd (002123) $51.79 Million 15.64% 0.90x $953.24 Million
Beijing Shiji Information Technology Co Ltd (002153) $1.13 Billion 23.47% 0.16x $1.00 Billion
Shanghai 2345 Network Holding Group (002195) $10.18 Billion 7.45% 0.12x $6.64 Billion
Iflytek Co Ltd (002230) $599.04 Million 13.40% 0.22x $12.29 Billion
Wisesoft Co Ltd (002253) $171.84 Million 15.22% 0.51x $265.79 Million