Shanghai Longcheer Technology Co., Ltd.
Shanghai Longcheer Technology Co., Ltd. operates as a technology company that engages in the research, design, and manufacturing of smart technology devices and related products in China, United States, South Korea, Japan, Hong Kong and Singapore. The company's products include smartphones, personal computing and automotive electronics, consumer electronics including tablets, AIoT devices, includ… Read more
Shanghai Longcheer Technology Co., Ltd. (603341) - Net Assets
Latest net assets as of September 2025: CN¥5.74 Billion CNY
Based on the latest financial reports, Shanghai Longcheer Technology Co., Ltd. (603341) has net assets worth CN¥5.74 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¥27.31 Billion) and total liabilities (CN¥21.57 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¥5.74 Billion |
| % of Total Assets | 21.02% |
| Annual Growth Rate | 38.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.09 |
Shanghai Longcheer Technology Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Shanghai Longcheer Technology 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 Shanghai Longcheer Technology Co., Ltd. (2020–2024)
The table below shows the annual net assets of Shanghai Longcheer Technology Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.59 Billion | +46.21% |
| 2023-12-31 | CN¥3.83 Billion | +21.23% |
| 2022-12-31 | CN¥3.16 Billion | +7.08% |
| 2021-12-31 | CN¥2.95 Billion | +96.61% |
| 2020-12-31 | CN¥1.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Longcheer Technology 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 206.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.94 Billion | 34.71% |
| Common Stock | CN¥465.10 Million | 8.30% |
| Other Components | CN¥3.19 Billion | 56.98% |
| Total Equity | CN¥5.60 Billion | 100.00% |
Shanghai Longcheer Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Shanghai Longcheer Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Snowsky Salt Industry Group Co Ltd
SHG:600929
|
$866.91 Million |
|
Csg Smart Science&Technology Co Ltd
SHE:300222
|
$867.31 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
$867.41 Million |
|
Bank of Qingdao Co. Ltd
F:4BQ
|
$867.69 Million |
|
Namsun Aluminium Co Ltd
KO:008355
|
$866.35 Million |
|
Radware Ltd
NASDAQ:RDWR
|
$866.10 Million |
|
Universal Insurance Holdings Inc
NYSE:UVE
|
$865.98 Million |
|
BIOCYTOGEN PHARMA. H YC1
F:I54
|
$865.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Longcheer Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,825,257,838 to 5,600,772,563, a change of 1,775,514,725 (46.4%).
- Net income of 501,132,204 contributed positively to equity growth.
- Dividend payments of 282,975,579 reduced retained earnings.
- Other factors increased equity by 1,557,358,100.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥501.13 Million | +8.95% |
| Dividends Paid | CN¥282.98 Million | -5.05% |
| Other Changes | CN¥1.56 Billion | +27.81% |
| Total Change | CN¥- | 46.42% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Longcheer Technology 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: 3.37x
- 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 12.89x to 3.37x 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¥3.22 | CN¥41.47 | x |
| 2021-12-31 | CN¥6.33 | CN¥41.47 | x |
| 2022-12-31 | CN¥6.78 | CN¥41.47 | x |
| 2023-12-31 | CN¥9.42 | CN¥41.47 | x |
| 2024-12-31 | CN¥12.29 | CN¥41.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Longcheer Technology 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): 8.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 1.76x
- • Equity Multiplier: 4.70x
- Recent ROE (8.95%) is below the historical average (16.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 19.89% | 1.82% | 1.26x | 8.67x | CN¥148.04 Million |
| 2021 | 18.58% | 2.23% | 1.65x | 5.06x | CN¥252.65 Million |
| 2022 | 17.79% | 1.92% | 2.02x | 4.60x | CN¥245.76 Million |
| 2023 | 15.82% | 2.23% | 1.37x | 5.19x | CN¥222.79 Million |
| 2024 | 8.95% | 1.08% | 1.76x | 4.70x | CN¥-58.95 Million |
Industry Comparison
This section compares Shanghai Longcheer Technology Co., Ltd.'s net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,417,864,350
- Average return on equity (ROE) among peers: 17.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Longcheer Technology Co., Ltd. (603341) | CN¥5.74 Billion | 19.89% | 3.76x | $866.55 Million |
| Konka Group Co Ltd (000016) | $803.11 Million | 33.00% | 2.14x | $834.83 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.25 Billion | 4.19% | 0.63x | $1.46 Billion |
| Guangdong Goworld Co Ltd (000823) | $189.06 Million | 29.67% | 0.83x | $782.76 Million |
| Soyea Technology Co Ltd (000909) | $619.17 Million | 3.70% | 3.31x | $199.78 Million |
| Guangdong AVCiT Tech Hldg Co (001229) | $332.60 Million | 29.11% | 0.18x | $166.04 Million |
| Emdoor Information Co. Ltd. A (001314) | $183.39 Million | 3.34% | 1.39x | $345.23 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $2.26 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $119.38 Million | 29.15% | 0.90x | $150.39 Million |
| Goertek Inc (002241) | $1.71 Billion | 16.17% | 0.92x | $7.92 Billion |
| Edifier Technology Co Ltd (002351) | $2.23 Billion | 14.12% | 0.20x | $640.66 Million |