Shenzhen Xinyichang Technology Co. Ltd. A (688383) - Net Assets
Based on the latest financial reports, Shenzhen Xinyichang Technology Co. Ltd. A (688383) has net assets worth CN¥1.37 Billion CNY (≈ $200.22 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.95 Billion ≈ $431.04 Million USD) and total liabilities (CN¥1.58 Billion ≈ $230.82 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 Shenzhen Xinyichang Technology Co. Ltd. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.37 Billion |
| % of Total Assets | 46.45% |
| Annual Growth Rate | 28.27% |
| 5-Year Change | 141.53% |
| 10-Year Change | N/A |
| Growth Volatility | 38.15 |
Shenzhen Xinyichang Technology Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Shenzhen Xinyichang Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shenzhen Xinyichang Technology Co. Ltd. for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Xinyichang Technology Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Shenzhen Xinyichang Technology Co. Ltd. A from 2017 to 2024. For live valuation and market cap data, see market value of Shenzhen Xinyichang Technology Co. Ltd. .
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.39 Billion ≈ $203.30 Million |
-0.02% |
| 2023-12-31 | CN¥1.39 Billion ≈ $203.34 Million |
+0.86% |
| 2022-12-31 | CN¥1.38 Billion ≈ $201.60 Million |
+9.54% |
| 2021-12-31 | CN¥1.26 Billion ≈ $184.04 Million |
+118.65% |
| 2020-12-31 | CN¥575.20 Million ≈ $84.17 Million |
+23.32% |
| 2019-12-31 | CN¥466.42 Million ≈ $68.25 Million |
+35.06% |
| 2018-12-31 | CN¥345.35 Million ≈ $50.54 Million |
+42.00% |
| 2017-12-31 | CN¥243.19 Million ≈ $35.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Xinyichang 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 299.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥538.54 Million | 38.70% |
| Common Stock | CN¥102.13 Million | 7.34% |
| Other Comprehensive Income | CN¥70.31 Million | 5.05% |
| Other Components | CN¥680.56 Million | 48.91% |
| Total Equity | CN¥1.39 Billion | 100.00% |
Shenzhen Xinyichang Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shenzhen Xinyichang Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kosmos Energy Ltd
NYSE:KOS
|
$1.51 Billion |
|
Telecom Argentina S.A
F:TEO
|
$1.51 Billion |
|
Maharashtra Scooters Limited
NSE:MAHSCOOTER
|
$1.51 Billion |
|
Jiangxi Ganyue Expressway Co Ltd
SHG:600269
|
$1.51 Billion |
|
NV5 Global Inc
NASDAQ:NVEE
|
$1.51 Billion |
|
Azad Engineering Limited
NSE:AZAD
|
$1.51 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
$1.51 Billion |
|
Lier Chemical Co Ltd
SHE:002258
|
$1.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Xinyichang Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,387,645,059 to 1,391,534,986, a change of 3,889,927 (0.3%).
- Net income of 40,457,962 contributed positively to equity growth.
- Dividend payments of 37,239,242 reduced retained earnings.
- Share repurchases of 16,991,421 reduced equity.
- Other comprehensive income increased equity by 70,305,845.
- Other factors decreased equity by 52,643,217.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.46 Million | +2.91% |
| Dividends Paid | CN¥37.24 Million | -2.68% |
| Share Repurchases | CN¥16.99 Million | -1.22% |
| Other Comprehensive Income | CN¥70.31 Million | +5.05% |
| Other Changes | CN¥-52.64 Million | -3.78% |
| Total Change | CN¥- | 0.28% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Xinyichang 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: 7.36x
- 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 31.23x to 7.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.24 | CN¥101.20 | x |
| 2018-12-31 | CN¥4.59 | CN¥101.20 | x |
| 2019-12-31 | CN¥6.13 | CN¥101.20 | x |
| 2020-12-31 | CN¥5.63 | CN¥101.20 | x |
| 2021-12-31 | CN¥12.23 | CN¥101.20 | x |
| 2022-12-31 | CN¥13.46 | CN¥101.20 | x |
| 2023-12-31 | CN¥13.58 | CN¥101.20 | x |
| 2024-12-31 | CN¥13.76 | CN¥101.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Xinyichang 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): 2.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.33%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.03x
- Recent ROE (2.91%) is below the historical average (16.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 21.19% | 10.20% | 0.79x | 2.62x | CN¥27.20 Million |
| 2018 | 29.39% | 14.47% | 0.86x | 2.35x | CN¥66.74 Million |
| 2019 | 18.81% | 13.39% | 0.73x | 1.93x | CN¥41.11 Million |
| 2020 | 18.69% | 15.27% | 0.55x | 2.25x | CN¥50.00 Million |
| 2021 | 18.57% | 19.39% | 0.49x | 1.95x | CN¥107.06 Million |
| 2022 | 14.94% | 17.30% | 0.48x | 1.78x | CN¥67.66 Million |
| 2023 | 4.35% | 5.80% | 0.40x | 1.88x | CN¥-78.46 Million |
| 2024 | 2.91% | 4.33% | 0.33x | 2.03x | CN¥-98.70 Million |
Industry Comparison
This section compares Shenzhen Xinyichang Technology 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 |
|---|---|---|---|---|
| Shenzhen Xinyichang Technology Co. Ltd. A (688383) | CN¥1.37 Billion | 21.19% | 1.15x | $1.51 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 Shenzhen Xinyichang Technology Co. Ltd. A
Shenzhen Xinyichang Technology Co., Ltd. engages in the research and development, production, and sale of intelligent manufacturing equipment for LED, capacitor, semiconductor, lithium battery, and other industries in China. The company's products include LED die bonding, semiconductor, capacitor device, and lithium batteries equipment. It also provides related equipment products, such as drivers… Read more