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¥6.13 Billion CNY (≈ $897.07 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¥11.68 Billion ≈ $1.71 Billion USD) and total liabilities (CN¥5.55 Billion ≈ $812.22 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. Check 688183 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.13 Billion |
| % of Total Assets | 52.48% |
| Annual Growth Rate | 22.23% |
| 5-Year Change | 47.17% |
| 10-Year Change | N/A |
| Growth Volatility | 35.51 |
Shengyi Electronics Co. Ltd. A - Net Assets Trend (2019–2025)
This chart illustrates how Shengyi Electronics Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Shengyi Electronics Co. Ltd. A (688183) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shengyi Electronics Co. Ltd. A (2019–2025)
The table below shows the annual net assets of Shengyi Electronics Co. Ltd. A from 2019 to 2025. For live valuation and market cap data, see Shengyi Electronics Co. Ltd. A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.75 Billion ≈ $840.75 Million |
+34.46% |
| 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 249.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.84 Billion | 32.07% |
| Other Components | CN¥3.90 Billion | 67.93% |
| Total Equity | CN¥5.75 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 |
|---|---|
|
NIPPON STEEL SP.ADR 033
F:NPSA
|
$16.86 Billion |
|
AIRTEL AFRICA UNSP.ADR/10
F:9AA0
|
$16.88 Billion |
|
Hithink RoyalFlush Info Network
SHE:300033
|
$16.89 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
$16.90 Billion |
|
Santos Ltd
AU:STO
|
$16.84 Billion |
|
Hua Nan Financial Holdings Co Ltd
TW:2880
|
$16.81 Billion |
|
Capgemini SE
PA:CAP
|
$16.80 Billion |
|
mBank SA
WAR:MBK
|
$16.79 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 2024 to 2025, total equity changed from 4,273,186,784 to 5,745,514,933, a change of 1,472,328,149 (34.5%).
- Net income of 1,473,148,860 contributed positively to equity growth.
- Dividend payments of 516,455,286 reduced retained earnings.
- Other factors increased equity by 515,634,575.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.47 Billion | +25.64% |
| Dividends Paid | CN¥516.46 Million | -8.99% |
| Other Changes | CN¥515.63 Million | +8.97% |
| Total Change | CN¥- | 34.46% |
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: 20.05x
- 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 53.52x to 20.05x 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¥138.50 | x |
| 2020-12-31 | CN¥2.91 | CN¥138.50 | x |
| 2021-12-31 | CN¥4.69 | CN¥138.50 | x |
| 2022-12-31 | CN¥4.91 | CN¥138.50 | x |
| 2023-12-31 | CN¥4.72 | CN¥138.50 | x |
| 2024-12-31 | CN¥5.14 | CN¥138.50 | x |
| 2025-12-31 | CN¥6.91 | CN¥138.50 | 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): 25.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.52%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.96x
- Recent ROE (25.64%) is above the historical average (13.64%), indicating improving 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 |
| 2025 | 25.64% | 15.52% | 0.84x | 1.96x | CN¥898.60 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: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shengyi Electronics Co. Ltd. A (688183) | CN¥6.13 Billion | 25.62% | 0.91x | $16.86 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Shengyi Electronics Co. Ltd. A
Shengyi Electronics Co., Ltd. designs, produces, and sells 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 equipment board, medical device boards, and aerospace boards. Its products are used in communication equipment, network equip… Read more