Smartgiant Technology Co. Ltd. A

SHG:688115 China Scientific & Technical Instruments
Market Cap
$388.27 Million
CN¥2.85 Billion CNY
Market Cap Rank
#16939 Global
#4450 in China
Share Price
CN¥42.73
Change (1 day)
-1.86%
52-Week Range
CN¥29.96 - CN¥76.30
All Time High
CN¥76.30
About

Smartgiant Technology Co., Ltd. engages in the research, design, development, production, and sale of industrial automation testing products in China and internationally. The company offers Nysa modular instruments, including FPGA control modules, embedded and plug-in instrument modules, and testing software tools; test and measurement instruments, such as data acquisition, high precision and spe… Read more

Smartgiant Technology Co. Ltd. A (688115) - Net Assets

Latest net assets as of June 2025: CN¥1.25 Billion CNY

Based on the latest financial reports, Smartgiant Technology Co. Ltd. A (688115) has net assets worth CN¥1.25 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.38 Billion) and total liabilities (CN¥132.52 Million). 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¥1.25 Billion
% of Total Assets 90.43%
Annual Growth Rate 59.05%
5-Year Change 558.76%
10-Year Change N/A
Growth Volatility 114.32

Smartgiant Technology Co. Ltd. A - Net Assets Trend (2019–2024)

This chart illustrates how Smartgiant Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Smartgiant Technology Co. Ltd. A (2019–2024)

The table below shows the annual net assets of Smartgiant Technology Co. Ltd. A from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.26 Billion -1.85%
2023-12-31 CN¥1.29 Billion -3.36%
2022-12-31 CN¥1.33 Billion +306.09%
2021-12-31 CN¥328.25 Million +71.03%
2020-12-31 CN¥191.93 Million +54.67%
2019-12-31 CN¥124.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Smartgiant Technology Co. Ltd. A'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 66.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥119.35 Million 9.44%
Other Components CN¥1.15 Billion 90.56%
Total Equity CN¥1.26 Billion 100.00%

Smartgiant Technology Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Smartgiant Technology Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Smartgiant Technology Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,288,217,091 to 1,264,347,941, a change of -23,869,150 (-1.9%).
  • Net income of 15,273,061 contributed positively to equity growth.
  • Dividend payments of 28,485,855 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥15.27 Million +1.21%
Dividends Paid CN¥28.49 Million -2.25%
Other Changes CN¥-10.66 Million -0.84%
Total Change CN¥- -1.85%

Book Value vs Market Value Analysis

This analysis compares Smartgiant Technology Co. Ltd. A'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: 2.25x
  • 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 17.22x to 2.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥2.48 CN¥42.73 x
2020-12-31 CN¥3.84 CN¥42.73 x
2021-12-31 CN¥6.57 CN¥42.73 x
2022-12-31 CN¥19.99 CN¥42.73 x
2023-12-31 CN¥19.32 CN¥42.73 x
2024-12-31 CN¥18.96 CN¥42.73 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Smartgiant Technology Co. Ltd. A 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): 1.21%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.24%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.10x
  • Recent ROE (1.21%) is below the historical average (13.78%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 23.84% 24.95% 0.78x 1.22x CN¥17.18 Million
2020 32.74% 33.30% 0.59x 1.67x CN¥43.64 Million
2021 20.12% 29.71% 0.60x 1.13x CN¥33.21 Million
2022 4.05% 22.30% 0.17x 1.05x CN¥-79.27 Million
2023 0.70% 5.34% 0.12x 1.12x CN¥-119.84 Million
2024 1.21% 8.24% 0.13x 1.10x CN¥-111.16 Million

Industry Comparison

This section compares Smartgiant Technology Co. Ltd. A's net assets metrics with peer companies in the Scientific & Technical Instruments industry.

Industry Context

  • Industry: Scientific & Technical Instruments
  • Average net assets among peers: $1,926,126,271
  • Average return on equity (ROE) among peers: 9.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Smartgiant Technology Co. Ltd. A (688115) CN¥1.25 Billion 23.84% 0.11x $135.12 Million
Beijing BDStar Navigation Co Ltd (002151) $4.48 Billion 1.15% 0.26x $2.26 Billion
Oriental Times Media Corp (002175) $578.16 Million 7.60% 0.24x $500.93 Million
Changchun UP Optotech Co Ltd (002338) $636.42 Million 8.42% 0.22x $867.41 Million
Nanjing Sciyon Automation Group Co Ltd (002380) $200.70 Million 25.18% 0.59x $563.18 Million
Jiangsu Changfa Refrigeration Co Ltd (002413) $156.57 Million 19.34% 3.25x $2.17 Billion
Wuhan Guide Infrared Co Ltd (002414) $7.12 Billion 7.05% 0.25x $2.87 Billion
Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) $2.27 Billion 9.21% 0.16x $381.03 Million
Beijing SDL Technology Co Ltd (002658) $2.23 Billion 6.74% 0.45x $332.56 Million
Shenzhen Soling Industrial Co Ltd (002766) $806.87 Million 7.44% 0.44x $390.32 Million
Hangzhou Innover Technology Co Ltd (002767) $774.88 Million 3.00% 0.32x $181.69 Million