Shentong Technology Group Co Ltd
Shentong Technology Group Co., Ltd engages in research and development, manufacturing, and sales of molds and auto parts in China and internationally. It also offers power system components; intake manifolds, oil pans, and oil collecting buffers; and PC windows. In addition, it offers powertrain and trim system components. Shentong Technology Group Co., Ltd was founded in 2005 and is based in Yuy… Read more
Shentong Technology Group Co Ltd (605228) - Net Assets
Latest net assets as of September 2025: CN¥1.67 Billion CNY
Based on the latest financial reports, Shentong Technology Group Co Ltd (605228) has net assets worth CN¥1.67 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¥2.99 Billion) and total liabilities (CN¥1.32 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¥1.67 Billion |
| % of Total Assets | 55.9% |
| Annual Growth Rate | 16.11% |
| 5-Year Change | 52.18% |
| 10-Year Change | N/A |
| Growth Volatility | 19.39 |
Shentong Technology Group Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Shentong Technology Group 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 Shentong Technology Group Co Ltd (2016–2024)
The table below shows the annual net assets of Shentong Technology Group Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.49 Billion | -5.48% |
| 2023-12-31 | CN¥1.58 Billion | +7.00% |
| 2022-12-31 | CN¥1.48 Billion | +1.65% |
| 2021-12-31 | CN¥1.45 Billion | +48.02% |
| 2020-12-31 | CN¥981.26 Million | +13.51% |
| 2019-12-31 | CN¥864.48 Million | +15.62% |
| 2018-12-31 | CN¥747.71 Million | +9.72% |
| 2017-12-31 | CN¥681.46 Million | +50.78% |
| 2016-12-31 | CN¥451.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shentong Technology Group 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 21.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥369.88 Million | 24.77% |
| Common Stock | CN¥426.01 Million | 28.53% |
| Other Comprehensive Income | CN¥154.94 Million | 10.38% |
| Other Components | CN¥542.48 Million | 36.33% |
| Total Equity | CN¥1.49 Billion | 100.00% |
Shentong Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shentong Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEOBO FASTIGHETER
ST:NEOBO
|
$189.28 Million |
|
Nanjing Res In of Surveying Mapping
SHE:300826
|
$189.39 Million |
|
First Western Financial Inc
NASDAQ:MYFW
|
$189.41 Million |
|
Viant Technology Inc
NASDAQ:DSP
|
$189.44 Million |
|
RKICF
PINK:RKICF
|
$189.25 Million |
|
Studio City International Holdings Ltd
NYSE:MSC
|
$189.23 Million |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
$189.21 Million |
|
Tongdao Liepin Group
PINK:TGDLF
|
$189.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shentong Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,579,835,877 to 1,493,307,034, a change of -86,528,843 (-5.5%).
- Net loss of 31,979,686 reduced equity.
- Dividend payments of 20,467,117 reduced retained earnings.
- Share repurchases of 53,374,428 reduced equity.
- Other comprehensive income increased equity by 10,781,237.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-31.98 Million | -2.14% |
| Dividends Paid | CN¥20.47 Million | -1.37% |
| Share Repurchases | CN¥53.37 Million | -3.57% |
| Other Comprehensive Income | CN¥10.78 Million | +0.72% |
| Other Changes | CN¥8.51 Million | +0.57% |
| Total Change | CN¥- | -5.48% |
Book Value vs Market Value Analysis
This analysis compares Shentong Technology Group 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: 3.36x
- 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 9.39x to 3.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.33 | CN¥12.54 | x |
| 2017-12-31 | CN¥2.01 | CN¥12.54 | x |
| 2018-12-31 | CN¥2.21 | CN¥12.54 | x |
| 2019-12-31 | CN¥2.05 | CN¥12.54 | x |
| 2020-12-31 | CN¥2.33 | CN¥12.54 | x |
| 2021-12-31 | CN¥3.46 | CN¥12.54 | x |
| 2022-12-31 | CN¥3.52 | CN¥12.54 | x |
| 2023-12-31 | CN¥3.75 | CN¥12.54 | x |
| 2024-12-31 | CN¥3.74 | CN¥12.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shentong Technology Group 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): -2.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.30%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.89x
- Recent ROE (-2.14%) is below the historical average (11.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 27.59% | 8.66% | 0.94x | 3.38x | CN¥79.50 Million |
| 2017 | 24.16% | 9.74% | 0.94x | 2.65x | CN¥96.43 Million |
| 2018 | 18.58% | 7.90% | 0.93x | 2.52x | CN¥64.08 Million |
| 2019 | 13.28% | 7.20% | 0.86x | 2.14x | CN¥28.26 Million |
| 2020 | 12.03% | 7.93% | 0.78x | 1.96x | CN¥19.90 Million |
| 2021 | 6.60% | 6.95% | 0.66x | 1.44x | CN¥-49.34 Million |
| 2022 | 3.05% | 3.15% | 0.64x | 1.50x | CN¥-102.60 Million |
| 2023 | 3.47% | 3.34% | 0.54x | 1.92x | CN¥-103.21 Million |
| 2024 | -2.14% | -2.30% | 0.49x | 1.89x | CN¥-181.31 Million |
Industry Comparison
This section compares Shentong Technology Group Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,350,100,516
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shentong Technology Group Co Ltd (605228) | CN¥1.67 Billion | 27.59% | 0.79x | $189.27 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.47 Billion | 0.00% | 0.00x | $357.04 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $2.55 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.53 Billion | 7.20% | 0.77x | $1.94 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $795.51 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.38 Billion | -29.03% | 3.14x | $451.93 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $222.30 Million | 0.00% | 0.68x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $541.12 Million | -10.38% | 0.80x | $634.11 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.41 Billion | 12.25% | 0.89x | $946.59 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.79 Billion | 4.84% | 0.58x | $233.01 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $1.97 Billion | 26.21% | 0.98x | $2.06 Billion |