Shenzhen United Winners Laser Co Ltd
Shenzhen United Winners Laser Co., Ltd. manufactures and sells laser welding equipment in China and internationally. The company lasers and welding machines; intelligent manufacturing equipment for EV batteries, automobiles, consumer electronics batteries, sensors, relays, and hydrogen fuel cells; welding equipment for the optical communication industry; welding equipment for medical devices; las… Read more
Shenzhen United Winners Laser Co Ltd (688518) - Net Assets
Latest net assets as of September 2025: CN¥3.21 Billion CNY
Based on the latest financial reports, Shenzhen United Winners Laser Co Ltd (688518) has net assets worth CN¥3.21 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.83 Billion) and total liabilities (CN¥4.62 Billion). 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¥3.21 Billion |
| % of Total Assets | 40.94% |
| Annual Growth Rate | 34.81% |
| 5-Year Change | 118.56% |
| 10-Year Change | 1536.49% |
| Growth Volatility | 30.25 |
Shenzhen United Winners Laser Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen United Winners Laser Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen United Winners Laser Co Ltd (2013–2024)
The table below shows the annual net assets of Shenzhen United Winners Laser Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.15 Billion | +4.49% |
| 2023-12-31 | CN¥3.01 Billion | +69.32% |
| 2022-12-31 | CN¥1.78 Billion | +17.19% |
| 2021-12-31 | CN¥1.52 Billion | +5.41% |
| 2020-12-31 | CN¥1.44 Billion | +64.64% |
| 2019-12-31 | CN¥875.38 Million | +9.00% |
| 2018-12-31 | CN¥803.12 Million | +100.26% |
| 2017-12-31 | CN¥401.04 Million | +28.19% |
| 2016-12-31 | CN¥312.84 Million | +62.54% |
| 2015-12-31 | CN¥192.48 Million | +36.66% |
| 2014-12-31 | CN¥140.85 Million | +19.57% |
| 2013-12-31 | CN¥117.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen United Winners Laser Co 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 2034.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥902.07 Million | 28.67% |
| Common Stock | CN¥341.25 Million | 10.84% |
| Other Components | CN¥1.90 Billion | 60.49% |
| Total Equity | CN¥3.15 Billion | 100.00% |
Shenzhen United Winners Laser Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen United Winners Laser Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliance Financial Group Bhd
KLSE:2488
|
$1.01 Billion |
|
Vizio Holding Corp
NYSE:VZIO
|
$1.01 Billion |
|
IMMUNOCORE HLDGS ADS/1
F:6YG
|
$1.01 Billion |
|
Yifan Xinfu Pharmaceutical Co Ltd
SHE:002019
|
$1.01 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
$1.01 Billion |
|
Blue Moon Group Holdings Limited
PINK:BLUMY
|
$1.01 Billion |
|
REYNOLDS CONS.PROD.DL-001
F:3ZT
|
$1.01 Billion |
|
Afry AB
ST:AFRY
|
$1.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen United Winners Laser Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,013,683,357 to 3,146,815,238, a change of 133,131,881 (4.4%).
- Net income of 165,532,529 contributed positively to equity growth.
- Dividend payments of 64,157,008 reduced retained earnings.
- Other factors increased equity by 31,756,360.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥165.53 Million | +5.26% |
| Dividends Paid | CN¥64.16 Million | -2.04% |
| Other Changes | CN¥31.76 Million | +1.01% |
| Total Change | CN¥- | 4.42% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen United Winners Laser Co 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: 2.76x
- 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 13.97x to 2.76x 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¥1.84 | CN¥25.67 | x |
| 2014-12-31 | CN¥2.14 | CN¥25.67 | x |
| 2015-12-31 | CN¥1.56 | CN¥25.67 | x |
| 2016-12-31 | CN¥2.42 | CN¥25.67 | x |
| 2017-12-31 | CN¥2.04 | CN¥25.67 | x |
| 2018-12-31 | CN¥3.66 | CN¥25.67 | x |
| 2019-12-31 | CN¥2.93 | CN¥25.67 | x |
| 2020-12-31 | CN¥4.82 | CN¥25.67 | x |
| 2021-12-31 | CN¥5.05 | CN¥25.67 | x |
| 2022-12-31 | CN¥5.85 | CN¥25.67 | x |
| 2023-12-31 | CN¥8.95 | CN¥25.67 | x |
| 2024-12-31 | CN¥9.32 | CN¥25.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen United Winners Laser Co 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): 5.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.26%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.24x
- Recent ROE (5.26%) is below the historical average (12.91%), 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 | 8.71% | 8.95% | 0.59x | 1.65x | CN¥-1.52 Million |
| 2014 | 16.36% | 13.77% | 0.58x | 2.05x | CN¥8.95 Million |
| 2015 | 26.84% | 19.45% | 0.56x | 2.45x | CN¥32.41 Million |
| 2016 | 21.96% | 16.51% | 0.48x | 2.76x | CN¥37.43 Million |
| 2017 | 22.02% | 12.14% | 0.50x | 3.63x | CN¥48.22 Million |
| 2018 | 10.38% | 8.50% | 0.58x | 2.09x | CN¥3.08 Million |
| 2019 | 8.24% | 7.13% | 0.63x | 1.82x | CN¥-15.45 Million |
| 2020 | 4.65% | 7.63% | 0.35x | 1.76x | CN¥-77.13 Million |
| 2021 | 6.06% | 6.57% | 0.35x | 2.64x | CN¥-59.88 Million |
| 2022 | 15.00% | 9.46% | 0.50x | 3.18x | CN¥88.95 Million |
| 2023 | 9.50% | 8.15% | 0.50x | 2.31x | CN¥-15.08 Million |
| 2024 | 5.26% | 5.26% | 0.45x | 2.24x | CN¥-149.15 Million |
Industry Comparison
This section compares Shenzhen United Winners Laser Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen United Winners Laser Co Ltd (688518) | CN¥3.21 Billion | 8.71% | 1.44x | $1.01 Billion |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |