Shenzhen Gongjin Electn
Shenzhen Gongjin Electronics Co., Ltd. engages in the research and development, manufacture, and sale of mobile communication equipment and application products in China and internationally. It provides automotive electronics products, such as driver assistance systems (ADAS), intelligent cockpit products, electronic exterior rearview mirror (CMS), domain controller unit, intelligent driving perc… Read more
Shenzhen Gongjin Electn (603118) - Net Assets
Latest net assets as of September 2025: CN¥5.04 Billion CNY
Based on the latest financial reports, Shenzhen Gongjin Electn (603118) has net assets worth CN¥5.04 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¥12.21 Billion) and total liabilities (CN¥7.17 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¥5.04 Billion |
| % of Total Assets | 41.26% |
| Annual Growth Rate | 14.65% |
| 5-Year Change | 5.8% |
| 10-Year Change | 113.0% |
| Growth Volatility | 28.23 |
Shenzhen Gongjin Electn - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Gongjin Electn'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 Gongjin Electn (2011–2024)
The table below shows the annual net assets of Shenzhen Gongjin Electn from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.96 Billion | -3.29% |
| 2023-12-31 | CN¥5.13 Billion | -0.31% |
| 2022-12-31 | CN¥5.15 Billion | +3.76% |
| 2021-12-31 | CN¥4.96 Billion | +5.77% |
| 2020-12-31 | CN¥4.69 Billion | +5.24% |
| 2019-12-31 | CN¥4.46 Billion | -2.18% |
| 2018-12-31 | CN¥4.56 Billion | +4.89% |
| 2017-12-31 | CN¥4.35 Billion | +1.44% |
| 2016-12-31 | CN¥4.28 Billion | +83.79% |
| 2015-12-31 | CN¥2.33 Billion | +79.68% |
| 2014-12-31 | CN¥1.30 Billion | +9.76% |
| 2013-12-31 | CN¥1.18 Billion | +16.64% |
| 2012-12-31 | CN¥1.01 Billion | +20.69% |
| 2011-12-31 | CN¥839.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Gongjin Electn'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 5266.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.19 Billion | 24.05% |
| Common Stock | CN¥787.28 Million | 15.86% |
| Other Comprehensive Income | CN¥367.79 Million | 7.41% |
| Other Components | CN¥2.62 Billion | 52.69% |
| Total Equity | CN¥4.96 Billion | 100.00% |
Shenzhen Gongjin Electn Competitors by Market Cap
The table below lists competitors of Shenzhen Gongjin Electn ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIRST RESOURCES LTD O.N.
F:5F1
|
$783.35 Million |
|
Suzhou Sushi Testing Instrument Co Ltd
SHE:300416
|
$783.37 Million |
|
Anhui Shanying Paper Industry Co Ltd
SHG:600567
|
$783.39 Million |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE3
|
$783.46 Million |
|
Xinke Material
SHG:600255
|
$783.04 Million |
|
China Railway Materials Co Ltd
SHE:000927
|
$782.90 Million |
|
Schiehallion Fund Ltd
LSE:MNTN
|
$782.78 Million |
|
Hainan Strait Shipping Co Ltd
SHE:002320
|
$782.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Gongjin Electn's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,140,731,801 to 4,964,676,734, a change of -176,055,067 (-3.4%).
- Net loss of 79,946,271 reduced equity.
- Dividend payments of 160,434,829 reduced retained earnings.
- Other comprehensive income increased equity by 364,232,715.
- Other factors decreased equity by 299,906,682.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-79.95 Million | -1.61% |
| Dividends Paid | CN¥160.43 Million | -3.23% |
| Other Comprehensive Income | CN¥364.23 Million | +7.34% |
| Other Changes | CN¥-299.91 Million | -6.04% |
| Total Change | CN¥- | -3.42% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Gongjin Electn'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: 2.02x
- 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 6.95x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.80 | CN¥12.54 | x |
| 2012-12-31 | CN¥2.04 | CN¥12.54 | x |
| 2013-12-31 | CN¥2.39 | CN¥12.54 | x |
| 2014-12-31 | CN¥2.62 | CN¥12.54 | x |
| 2015-12-31 | CN¥3.69 | CN¥12.54 | x |
| 2016-12-31 | CN¥5.99 | CN¥12.54 | x |
| 2017-12-31 | CN¥5.57 | CN¥12.54 | x |
| 2018-12-31 | CN¥5.86 | CN¥12.54 | x |
| 2019-12-31 | CN¥5.72 | CN¥12.54 | x |
| 2020-12-31 | CN¥6.04 | CN¥12.54 | x |
| 2021-12-31 | CN¥6.40 | CN¥12.54 | x |
| 2022-12-31 | CN¥6.58 | CN¥12.54 | x |
| 2023-12-31 | CN¥6.35 | CN¥12.54 | x |
| 2024-12-31 | CN¥6.21 | CN¥12.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Gongjin Electn 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): -1.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.95%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.85x
- Recent ROE (-1.61%) is below the historical average (8.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 16.38% | 3.52% | 1.51x | 3.09x | CN¥53.57 Million |
| 2012 | 17.15% | 3.48% | 1.65x | 2.99x | CN¥72.42 Million |
| 2013 | 14.29% | 3.39% | 1.61x | 2.62x | CN¥50.67 Million |
| 2014 | 14.94% | 3.51% | 1.62x | 2.63x | CN¥64.05 Million |
| 2015 | 10.84% | 3.87% | 1.41x | 1.99x | CN¥19.58 Million |
| 2016 | 8.01% | 5.24% | 0.94x | 1.62x | CN¥-85.06 Million |
| 2017 | 2.33% | 1.34% | 1.05x | 1.66x | CN¥-333.01 Million |
| 2018 | 4.27% | 2.31% | 1.03x | 1.80x | CN¥-258.35 Million |
| 2019 | 7.00% | 3.96% | 0.95x | 1.86x | CN¥-133.42 Million |
| 2020 | 7.40% | 3.92% | 1.01x | 1.86x | CN¥-122.05 Million |
| 2021 | 7.97% | 3.66% | 1.11x | 1.97x | CN¥-100.78 Million |
| 2022 | 4.41% | 2.07% | 1.04x | 2.05x | CN¥-287.41 Million |
| 2023 | 1.26% | 0.76% | 0.84x | 1.99x | CN¥-449.36 Million |
| 2024 | -1.61% | -0.95% | 0.91x | 1.85x | CN¥-576.41 Million |
Industry Comparison
This section compares Shenzhen Gongjin Electn's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Gongjin Electn (603118) | CN¥5.04 Billion | 16.38% | 1.42x | $783.32 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |