Shentong Technology Group Co Ltd (605228) - Net Assets
Based on the latest financial reports, Shentong Technology Group Co Ltd (605228) has net assets worth CN¥2.29 Billion CNY (≈ $335.63 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¥3.05 Billion ≈ $446.09 Million USD) and total liabilities (CN¥754.83 Million ≈ $110.46 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. Also explore Shentong Technology Group Co Ltd (605228) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.29 Billion |
| % of Total Assets | 75.24% |
| Annual Growth Rate | 15.83% |
| 5-Year Change | 16.81% |
| 10-Year Change | N/A |
| Growth Volatility | 18.33 |
Shentong Technology Group Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Shentong Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 605228 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shentong Technology Group Co Ltd (2016–2025)
The table below shows the annual net assets of Shentong Technology Group Co Ltd from 2016 to 2025. For live market cap and overall valuation, see Shentong Technology Group Co Ltd (605228) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.70 Billion ≈ $248.29 Million |
+13.62% |
| 2024-12-31 | CN¥1.49 Billion ≈ $218.52 Million |
-5.48% |
| 2023-12-31 | CN¥1.58 Billion ≈ $231.18 Million |
+7.00% |
| 2022-12-31 | CN¥1.48 Billion ≈ $216.06 Million |
+1.65% |
| 2021-12-31 | CN¥1.45 Billion ≈ $212.55 Million |
+48.02% |
| 2020-12-31 | CN¥981.26 Million ≈ $143.59 Million |
+13.51% |
| 2019-12-31 | CN¥864.48 Million ≈ $126.50 Million |
+15.62% |
| 2018-12-31 | CN¥747.71 Million ≈ $109.41 Million |
+9.72% |
| 2017-12-31 | CN¥681.46 Million ≈ $99.72 Million |
+50.78% |
| 2016-12-31 | CN¥451.96 Million ≈ $66.14 Million |
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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 58.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥481.08 Million | 28.35% |
| Other Components | CN¥1.22 Billion | 71.65% |
| Total Equity | CN¥1.70 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 |
|---|---|
|
Guanghui Logistics Co Ltd
SHG:600603
|
$769.19 Million |
|
Beijing UniStrong Science & Technology Co Ltd
SHE:002383
|
$769.20 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$769.27 Million |
|
Jianglong Shipbuilding Co Ltd
SHE:300589
|
$769.28 Million |
|
Asiainfo Security Technologies Corp. A
SHG:688225
|
$769.14 Million |
|
Shanghai Chuangli Group Co Ltd
SHG:603012
|
$769.12 Million |
|
NanJing GOVA Technology Co. Ltd. A
SHG:688539
|
$769.11 Million |
|
UniTTEC Co Ltd
SHE:000925
|
$769.03 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 2024 to 2025, total equity changed from 1,493,307,034 to 1,696,732,957, a change of 203,425,923 (13.6%).
- Net income of 132,986,885 contributed positively to equity growth.
- Dividend payments of 13,405,455 reduced retained earnings.
- Other comprehensive income decreased equity by 154,941,457.
- Other factors increased equity by 238,785,951.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥132.99 Million | +7.84% |
| Dividends Paid | CN¥13.41 Million | -0.79% |
| Other Comprehensive Income | CN¥-154.94 Million | -9.13% |
| Other Changes | CN¥238.79 Million | +14.07% |
| Total Change | CN¥- | 13.62% |
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: 2.80x
- 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 8.22x to 2.80x 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¥10.97 | x |
| 2017-12-31 | CN¥2.01 | CN¥10.97 | x |
| 2018-12-31 | CN¥2.21 | CN¥10.97 | x |
| 2019-12-31 | CN¥2.05 | CN¥10.97 | x |
| 2020-12-31 | CN¥2.33 | CN¥10.97 | x |
| 2021-12-31 | CN¥3.46 | CN¥10.97 | x |
| 2022-12-31 | CN¥3.52 | CN¥10.97 | x |
| 2023-12-31 | CN¥3.75 | CN¥10.97 | x |
| 2024-12-31 | CN¥3.74 | CN¥10.97 | x |
| 2025-12-31 | CN¥3.92 | CN¥10.97 | 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): 7.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.06%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.82x
- Recent ROE (7.84%) is below the historical average (11.45%), 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 |
| 2025 | 7.84% | 7.06% | 0.61x | 1.82x | CN¥-36.69 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: $1,790,373,048
- Average return on equity (ROE) among peers: -3.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shentong Technology Group Co Ltd (605228) | CN¥2.29 Billion | 27.59% | 0.33x | $769.17 Million |
| FAWER Automotive Parts Ltd Co (000030) | $747.95 Million | 3.82% | 1.74x | $1.05 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $1.03 Billion | 14.27% | 0.55x | $5.72 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.95 Billion | 10.46% | 0.29x | $2.03 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $9.12 Billion | 6.80% | 1.04x | $1.00 Billion |
| Qingdao Doublestar Co Ltd (000599) | $1.44 Billion | 18.52% | 1.99x | $1.67 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $214.60 Million | 0.83% | 0.60x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $383.72 Million | 11.63% | 1.02x | $602.61 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $936.60 Million | 3.66% | 1.61x | $1.54 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.79 Billion | 4.84% | 0.58x | $335.98 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $295.49 Million | -106.26% | 4.45x | $3.71 Billion |
About Shentong Technology Group Co Ltd
Shentong Technology Group Co., Ltd engages in research and development, manufacturing, and sales of automotive power system, interior and exterior system, and molds in China and internationally. The company offers oil filters and pans, active oil-gas separators, air ducts, pressure tubes, oil-gas separators, and intake manifolds; and car interior parts, including front B-pillar trim, cabin cover,… Read more