Shareate Tools Ltd (688257) - Net Assets

Latest as of March 2026: CN¥2.93 Billion CNY ≈ $429.08 Million USD

Based on the latest financial reports, Shareate Tools Ltd (688257) has net assets worth CN¥2.93 Billion CNY (≈ $429.08 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¥5.87 Billion ≈ $859.22 Million USD) and total liabilities (CN¥2.94 Billion ≈ $430.14 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 Shareate Tools Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.93 Billion
% of Total Assets	49.94%
Annual Growth Rate	28.69%
5-Year Change	27.56%
10-Year Change	1010.17%
Growth Volatility	70.0

Shareate Tools Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Shareate Tools Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Shareate Tools Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shareate Tools Ltd (2013–2025)

The table below shows the annual net assets of Shareate Tools Ltd from 2013 to 2025. For live valuation and market cap data, see 688257 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥2.59 Billion ≈ $379.22 Million	+5.20%
2024-12-31	CN¥2.46 Billion ≈ $360.48 Million	+7.00%
2023-12-31	CN¥2.30 Billion ≈ $336.88 Million	+2.27%
2022-12-31	CN¥2.25 Billion ≈ $329.39 Million	+10.80%
2021-12-31	CN¥2.03 Billion ≈ $297.29 Million	+267.37%
2020-12-31	CN¥553.02 Million ≈ $80.92 Million	+32.58%
2019-12-31	CN¥417.12 Million ≈ $61.04 Million	+12.39%
2018-12-31	CN¥371.15 Million ≈ $54.31 Million	+16.53%
2017-12-31	CN¥318.49 Million ≈ $46.61 Million	+36.44%
2016-12-31	CN¥233.43 Million ≈ $34.16 Million	+37.84%
2015-12-31	CN¥169.35 Million ≈ $24.78 Million	+20.79%
2014-12-31	CN¥140.21 Million ≈ $20.52 Million	+11.64%
2013-12-31	CN¥125.59 Million ≈ $18.38 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shareate Tools 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 2216.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥863.99 Million	36.62%
Other Components	CN¥1.50 Billion	63.38%
Total Equity	CN¥2.36 Billion	100.00%

Shareate Tools Ltd Competitors by Market Cap

The table below lists competitors of Shareate Tools Ltd ranked by their market capitalization.

Company	Market Cap
Huber+suhner AG SW:HUBN	$5.24 Billion
Jiangsu Aucksun Co Ltd SHE:002245	$5.24 Billion
Wangsu Science Tech SHE:300017	$5.24 Billion
Atlas Arteria AU:ALX	$5.25 Billion
Hedef Holdings AS IS:HEDEF	$5.24 Billion
Guanghui Energy Co Ltd SHG:600256	$5.24 Billion
Kumba Iron Ore Ltd JSE:KIO	$5.24 Billion
H Lundbeck A/S CO:HLUN-B	$5.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shareate Tools Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,199,671,292 to 2,359,354,126, a change of 159,682,834 (7.3%).
Net income of 236,603,600 contributed positively to equity growth.
Dividend payments of 84,828,691 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥236.60 Million	+10.03%
Dividends Paid	CN¥84.83 Million	-3.6%
Other Changes	CN¥7.91 Million	+0.34%
Total Change	CN¥-	7.26%

Book Value vs Market Value Analysis

This analysis compares Shareate Tools 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: 10.74x
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 67.59x to 10.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	CN¥1.49	CN¥101.05	x
2014-12-31	CN¥1.67	CN¥101.05	x
2015-12-31	CN¥2.80	CN¥101.05	x
2016-12-31	CN¥3.42	CN¥101.05	x
2017-12-31	CN¥3.15	CN¥101.05	x
2018-12-31	CN¥3.41	CN¥101.05	x
2019-12-31	CN¥2.88	CN¥101.05	x
2020-12-31	CN¥5.55	CN¥101.05	x
2021-12-31	CN¥15.32	CN¥101.05	x
2022-12-31	CN¥15.80	CN¥101.05	x
2023-12-31	CN¥16.37	CN¥101.05	x
2024-12-31	CN¥12.31	CN¥101.05	x
2025-12-31	CN¥9.41	CN¥101.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shareate Tools 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): 10.03%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.46%
• Asset Turnover: 0.52x
• Equity Multiplier: 2.05x
Recent ROE (10.03%) is below the historical average (14.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	20.82%	7.20%	1.16x	2.50x	CN¥13.59 Million
2014	14.81%	6.68%	0.96x	2.31x	CN¥6.74 Million
2015	16.06%	9.89%	0.86x	1.89x	CN¥10.16 Million
2016	15.90%	10.47%	0.64x	2.38x	CN¥12.26 Million
2017	11.99%	6.20%	0.83x	2.33x	CN¥5.51 Million
2018	20.25%	9.97%	0.94x	2.16x	CN¥32.31 Million
2019	20.39%	11.00%	0.79x	2.36x	CN¥38.90 Million
2020	22.12%	15.60%	0.74x	1.92x	CN¥62.40 Million
2021	6.85%	15.25%	0.34x	1.33x	CN¥-62.61 Million
2022	7.16%	12.41%	0.38x	1.53x	CN¥-58.34 Million
2023	7.74%	10.52%	0.45x	1.65x	CN¥-47.49 Million
2024	8.22%	9.71%	0.46x	1.83x	CN¥-39.23 Million
2025	10.03%	9.46%	0.52x	2.05x	CN¥668.19K

Industry Comparison

This section compares Shareate Tools Ltd's net assets metrics with peer companies in the Tools & Accessories industry.

Industry Context

Industry: Tools & Accessories
Average net assets among peers: $1,222,232,028
Average return on equity (ROE) among peers: 12.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shareate Tools Ltd (688257)	CN¥2.93 Billion	20.82%	1.00x	$5.24 Billion
Bosun Tools Co Ltd (002282)	$3.56 Billion	5.39%	0.12x	$464.10 Million
Ningbo Ligong Online Monitoring Technology Co Ltd (002322)	$155.31 Million	30.42%	0.46x	$588.66 Million
Tianjin Saixiang Technology Co Ltd (002337)	$1.26 Billion	7.26%	0.27x	$428.94 Million
Hangzhou Great Star Industrial Co Ltd (002444)	$2.64 Billion	10.15%	0.10x	$5.35 Billion
Geron Co Ltd (002722)	$556.17 Million	6.10%	0.33x	$419.77 Million
Zhejiang Zhongjian Technology Co Ltd (002779)	$654.96 Million	4.18%	0.36x	$2.24 Billion
Guangdong Kinlong Hardware Products Co Ltd (002791)	$732.78 Million	25.37%	0.42x	$730.68 Million
Shenzhen Kaizhong Precision Technology Co Ltd (002823)	$1.47 Billion	5.21%	1.60x	$833.68 Million
Bichamp Cutting Technology Hunan Co Ltd (002843)	$192.84 Million	23.85%	0.51x	$822.20 Million
Wafangdian Bearing Co Ltd (200706)	$992.65 Million	4.56%	1.20x	$143.90 Million

About Shareate Tools Ltd

SHG:688257 China Tools & Accessories

Market Cap

$5.24 Billion

CN¥35.81 Billion CNY

Market Cap Rank

#3504 Global

#510 in China

Share Price

CN¥101.05

Change (1 day)

+4.80%

52-Week Range

CN¥13.68 - CN¥113.70

All Time High

CN¥113.70