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

Latest as of March 2026: CN¥3.67 Billion CNY ≈ $536.64 Million USD

Based on the latest financial reports, Shenzhen Kingdom SCI Tech Co Ltd (600446) has net assets worth CN¥3.67 Billion CNY (≈ $536.64 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¥5.33 Billion ≈ $779.23 Million USD) and total liabilities (CN¥1.66 Billion ≈ $242.59 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 Shenzhen Kingdom SCI Tech Co Ltd (600446) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.67 Billion
% of Total Assets	68.87%
Annual Growth Rate	18.61%
5-Year Change	-0.37%
10-Year Change	117.81%
Growth Volatility	73.6

Shenzhen Kingdom SCI Tech Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Shenzhen Kingdom SCI Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Shenzhen Kingdom SCI Tech Co Ltd worth.

Annual Net Assets for Shenzhen Kingdom SCI Tech Co Ltd (2000–2025)

The table below shows the annual net assets of Shenzhen Kingdom SCI Tech Co Ltd from 2000 to 2025. Also explore Shenzhen Kingdom SCI Tech Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥3.72 Billion ≈ $544.09 Million	-1.75%
2024-12-31	CN¥3.78 Billion ≈ $553.80 Million	-5.91%
2023-12-31	CN¥4.02 Billion ≈ $588.60 Million	+3.42%
2022-12-31	CN¥3.89 Billion ≈ $569.14 Million	+4.21%
2021-12-31	CN¥3.73 Billion ≈ $546.13 Million	+51.85%
2020-12-31	CN¥2.46 Billion ≈ $359.65 Million	+17.12%
2019-12-31	CN¥2.10 Billion ≈ $307.07 Million	+14.97%
2018-12-31	CN¥1.83 Billion ≈ $267.09 Million	-19.82%
2017-12-31	CN¥2.28 Billion ≈ $333.11 Million	+33.35%
2016-12-31	CN¥1.71 Billion ≈ $249.80 Million	+15.41%
2015-12-31	CN¥1.48 Billion ≈ $216.45 Million	+57.70%
2014-12-31	CN¥937.96 Million ≈ $137.25 Million	+22.77%
2013-12-31	CN¥764.02 Million ≈ $111.80 Million	+22.15%
2012-12-31	CN¥625.48 Million ≈ $91.53 Million	+6.77%
2011-12-31	CN¥585.80 Million ≈ $85.72 Million	+15.20%
2010-12-31	CN¥508.49 Million ≈ $74.41 Million	+9.17%
2009-12-31	CN¥465.77 Million ≈ $68.16 Million	+3.12%
2008-12-31	CN¥451.69 Million ≈ $66.10 Million	+14.18%
2007-12-31	CN¥395.59 Million ≈ $57.89 Million	+10.95%
2006-12-31	CN¥356.54 Million ≈ $52.17 Million	+22.71%
2005-12-31	CN¥290.55 Million ≈ $42.52 Million	-14.01%
2004-12-31	CN¥337.89 Million ≈ $49.44 Million	+6.72%
2003-12-31	CN¥316.62 Million ≈ $46.33 Million	+378.92%
2002-12-31	CN¥66.11 Million ≈ $9.67 Million	+16.33%
2001-12-31	CN¥56.83 Million ≈ $8.32 Million	+8.95%
2000-12-31	CN¥52.16 Million ≈ $7.63 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 117159986859.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.17 Billion	32.65%
Other Components	CN¥2.42 Billion	67.35%
Total Equity	CN¥3.59 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
Bolsas y Mercados Argentinos SA BA:BYMA	$1.44 Billion
FLEX LNG Ltd OL:FLNG	$1.45 Billion
Datang Telecom Technology Co Ltd SHG:600198	$1.45 Billion
Wuxi Shangji Automation Co Ltd SHG:603185	$1.45 Billion
CS Wind Corp KO:112610	$1.44 Billion
Sopharma AD WAR:SPH	$1.44 Billion
Coursera Inc NYSE:COUR	$1.44 Billion
Kimbell Royalty Partners LP NYSE:KRP	$1.44 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 2024 to 2025, total equity changed from 3,647,916,401 to 3,588,540,998, a change of -59,375,403 (-1.6%).
Net loss of 168,353,895 reduced equity.
Dividend payments of 4,220,506 reduced retained earnings.
Other comprehensive income decreased equity by 309,660,560.
Other factors increased equity by 422,859,558.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-168.35 Million	-4.69%
Dividends Paid	CN¥4.22 Million	-0.12%
Other Comprehensive Income	CN¥-309.66 Million	-8.63%
Other Changes	CN¥422.86 Million	+11.78%
Total Change	CN¥-	-1.63%

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: 2.75x
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 190.13x to 2.75x 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¥10.48	x
2001-12-31	CN¥0.06	CN¥10.48	x
2002-12-31	CN¥0.07	CN¥10.48	x
2003-12-31	CN¥0.34	CN¥10.48	x
2004-12-31	CN¥0.34	CN¥10.48	x
2005-12-31	CN¥0.28	CN¥10.48	x
2006-12-31	CN¥0.41	CN¥10.48	x
2007-12-31	CN¥0.46	CN¥10.48	x
2008-12-31	CN¥0.53	CN¥10.48	x
2009-12-31	CN¥0.55	CN¥10.48	x
2010-12-31	CN¥0.59	CN¥10.48	x
2011-12-31	CN¥0.65	CN¥10.48	x
2012-12-31	CN¥0.72	CN¥10.48	x
2013-12-31	CN¥0.85	CN¥10.48	x
2014-12-31	CN¥1.04	CN¥10.48	x
2015-12-31	CN¥1.56	CN¥10.48	x
2016-12-31	CN¥1.75	CN¥10.48	x
2017-12-31	CN¥2.29	CN¥10.48	x
2018-12-31	CN¥1.90	CN¥10.48	x
2019-12-31	CN¥2.24	CN¥10.48	x
2020-12-31	CN¥2.67	CN¥10.48	x
2021-12-31	CN¥3.84	CN¥10.48	x
2022-12-31	CN¥3.91	CN¥10.48	x
2023-12-31	CN¥4.13	CN¥10.48	x
2024-12-31	CN¥3.86	CN¥10.48	x
2025-12-31	CN¥3.81	CN¥10.48	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): -4.69%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.96%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.52x
Recent ROE (-4.69%) is below the historical average (13.18%), 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
2025	-4.69%	-6.96%	0.44x	1.52x	CN¥-527.21 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: $3,869,687,536
Average return on equity (ROE) among peers: 7.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shenzhen Kingdom SCI Tech Co Ltd (600446)	CN¥3.67 Billion	49.69%	0.45x	$1.44 Billion
Digital China Information Service Co Ltd (000555)	$-129.10 Million	0.00%	0.00x	$1.48 Billion
Fujian Newland Computer Co Ltd (000997)	$770.93 Million	5.35%	0.32x	$2.90 Billion
YGSOFT Inc (002063)	$1.24 Billion	23.25%	0.11x	$1.50 Billion
Dhc Software Co Ltd (002065)	$145.16 Million	27.99%	1.22x	$3.12 Billion
Zhejiang Netsun Co Ltd (002095)	$1.07 Billion	1.80%	0.22x	$597.61 Million
Montnets Cloud Technology Group Co Ltd (002123)	$4.92 Billion	4.89%	0.37x	$899.26 Million
Beijing Shiji Information Technology Co Ltd (002153)	$9.16 Billion	-0.74%	0.17x	$3.02 Billion
Shanghai 2345 Network Holding Group (002195)	$277.79 Million	7.30%	0.13x	$5.11 Billion
Iflytek Co Ltd (002230)	$19.86 Billion	4.23%	1.26x	$13.53 Billion
Qiming Information Technology Co Ltd (002232)	$1.38 Billion	5.29%	0.61x	$925.45 Million

About Shenzhen Kingdom SCI Tech Co Ltd

SHG:600446 China Software - Application

Market Cap

$1.44 Billion

CN¥9.86 Billion CNY

Market Cap Rank

#7416 Global

#1616 in China

Share Price

CN¥10.48

Change (1 day)

+0.77%

52-Week Range

CN¥9.75 - CN¥18.89

All Time High

CN¥54.06