Shengyi Electronics Co. Ltd. A (688183) - Net Assets
Based on the latest financial reports, Shengyi Electronics Co. Ltd. A (688183) has net assets worth CN¥4.77 Billion CNY (≈ $698.29 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.23 Billion ≈ $1.35 Billion USD) and total liabilities (CN¥4.46 Billion ≈ $652.63 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. Read 688183 current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.77 Billion |
| % of Total Assets | 51.69% |
| Annual Growth Rate | 19.92% |
| 5-Year Change | 120.35% |
| 10-Year Change | N/A |
| Growth Volatility | 38.69 |
Shengyi Electronics Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Shengyi Electronics Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Shengyi Electronics Co. Ltd. A (688183) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shengyi Electronics Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Shengyi Electronics Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see Shengyi Electronics Co. Ltd. A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.27 Billion ≈ $625.30 Million |
+8.82% |
| 2023-12-31 | CN¥3.93 Billion ≈ $574.60 Million |
-3.85% |
| 2022-12-31 | CN¥4.08 Billion ≈ $597.63 Million |
+4.62% |
| 2021-12-31 | CN¥3.90 Billion ≈ $571.26 Million |
+101.30% |
| 2020-12-31 | CN¥1.94 Billion ≈ $283.78 Million |
+12.61% |
| 2019-12-31 | CN¥1.72 Billion ≈ $252.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shengyi Electronics 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 81.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥955.53 Million | 22.36% |
| Other Components | CN¥3.32 Billion | 77.64% |
| Total Equity | CN¥4.27 Billion | 100.00% |
Shengyi Electronics Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shengyi Electronics Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALTEOGEN Inc
KQ:196170
|
$13.36 Billion |
|
Juniper Networks Inc
NYSE:JNPR
|
$13.36 Billion |
|
mBank SA
WAR:MBK
|
$13.36 Billion |
|
Investment AB Latour (publ)
ST:LATO-B
|
$13.36 Billion |
|
Ovintiv Inc
NYSE:OVV
|
$13.30 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
$13.29 Billion |
|
Bharat Heavy Electricals Limited
NSE:BHEL
|
$13.27 Billion |
|
ARC Resources Ltd.
TO:ARX
|
$13.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shengyi Electronics Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,926,700,668 to 4,273,186,784, a change of 346,486,116 (8.8%).
- Net income of 331,973,154 contributed positively to equity growth.
- Dividend payments of 43,643,021 reduced retained earnings.
- Other factors increased equity by 58,155,984.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥331.97 Million | +7.77% |
| Dividends Paid | CN¥43.64 Million | -1.02% |
| Other Changes | CN¥58.16 Million | +1.36% |
| Total Change | CN¥- | 8.82% |
Book Value vs Market Value Analysis
This analysis compares Shengyi Electronics 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: 21.33x
- 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 42.35x to 21.33x 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¥2.59 | CN¥109.60 | x |
| 2020-12-31 | CN¥2.91 | CN¥109.60 | x |
| 2021-12-31 | CN¥4.69 | CN¥109.60 | x |
| 2022-12-31 | CN¥4.91 | CN¥109.60 | x |
| 2023-12-31 | CN¥4.72 | CN¥109.60 | x |
| 2024-12-31 | CN¥5.14 | CN¥109.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shengyi Electronics 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): 7.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.08%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.80x
- Recent ROE (7.77%) is below the historical average (11.64%), 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 | 25.62% | 14.25% | 0.83x | 2.18x | CN¥268.97 Million |
| 2020 | 22.65% | 12.09% | 0.78x | 2.40x | CN¥245.30 Million |
| 2021 | 6.77% | 7.25% | 0.57x | 1.65x | CN¥-126.12 Million |
| 2022 | 7.66% | 8.85% | 0.51x | 1.70x | CN¥-95.50 Million |
| 2023 | -0.64% | -0.76% | 0.52x | 1.60x | CN¥-417.66 Million |
| 2024 | 7.77% | 7.08% | 0.61x | 1.80x | CN¥-95.35 Million |
Industry Comparison
This section compares Shengyi Electronics Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shengyi Electronics Co. Ltd. A (688183) | CN¥4.77 Billion | 25.62% | 0.93x | $13.34 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Shengyi Electronics Co. Ltd. A
Shengyi Electronics Co., Ltd. engages in the design, production, and sale of printed circuit boards in China. The company offers communication equipment boards, network equipment boards, computer and server boards, automotive electronic boards, consumer electronic boards, industrial control medical boards, and other boards. Its products are used in communication equipment, network equipment, comp… Read more