Shenzhen Xunjiexing Technology Corp. Ltd. (688655) - Net Assets

Latest as of December 2025: CN¥656.96 Million CNY ≈ $96.13 Million USD

Based on the latest financial reports, Shenzhen Xunjiexing Technology Corp. Ltd. (688655) has net assets worth CN¥656.96 Million CNY (≈ $96.13 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.44 Billion ≈ $210.51 Million USD) and total liabilities (CN¥781.64 Million ≈ $114.38 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 688655 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥656.96 Million
% of Total Assets	45.67%
Annual Growth Rate	15.84%
5-Year Change	1.35%
10-Year Change	N/A
Growth Volatility	23.76

Shenzhen Xunjiexing Technology Corp. Ltd. - Net Assets Trend (2017–2025)

This chart illustrates how Shenzhen Xunjiexing Technology Corp. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Xunjiexing Technology Corp. Ltd (688655) total assets for the complete picture of this company's asset base.

Annual Net Assets for Shenzhen Xunjiexing Technology Corp. Ltd. (2017–2025)

The table below shows the annual net assets of Shenzhen Xunjiexing Technology Corp. Ltd. from 2017 to 2025. For live valuation and market cap data, see market cap of Shenzhen Xunjiexing Technology Corp. Ltd.

Year	Net Assets	Change
2025-12-31	CN¥656.96 Million ≈ $96.13 Million	-3.43%
2024-12-31	CN¥680.31 Million ≈ $99.55 Million	-1.73%
2023-12-31	CN¥692.26 Million ≈ $101.30 Million	+1.13%
2022-12-31	CN¥684.54 Million ≈ $100.17 Million	+5.61%
2021-12-31	CN¥648.20 Million ≈ $94.85 Million	+68.77%
2020-12-31	CN¥384.07 Million ≈ $56.20 Million	+17.26%
2019-12-31	CN¥327.52 Million ≈ $47.93 Million	+13.05%
2018-12-31	CN¥289.70 Million ≈ $42.39 Million	+43.01%
2017-12-31	CN¥202.58 Million ≈ $29.64 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Xunjiexing Technology Corp. 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 697.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥203.58 Million	30.99%
Other Components	CN¥453.38 Million	69.01%
Total Equity	CN¥656.96 Million	100.00%

Shenzhen Xunjiexing Technology Corp. Ltd. Competitors by Market Cap

The table below lists competitors of Shenzhen Xunjiexing Technology Corp. Ltd. ranked by their market capitalization.

Company	Market Cap
Ncs Testing Technology Co Ltd SHE:300797	$888.80 Million
Central Pacific Financial Corp NYSE:CPF	$888.84 Million
Shouyao Holdings (Beijing) Co. Ltd. A SHG:688197	$888.99 Million
Raisecom Technology Co Ltd SHG:603803	$889.09 Million
Zhejiang Baoxiniao Garment Co Ltd SHE:002154	$888.35 Million
Shenzhen JT Automation Equipment Co Ltd SHE:300400	$888.30 Million
Apacer Technology Inc TW:8271	$888.09 Million
ChemoMetec A/S CO:CHEMM	$887.61 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Xunjiexing Technology Corp. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 680,313,768 to 656,963,262, a change of -23,350,506 (-3.4%).
Net loss of 21,374,000 reduced equity.
Dividend payments of 4,074,621 reduced retained earnings.
Other comprehensive income decreased equity by 30,051,532.
Other factors increased equity by 32,149,646.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-21.37 Million	-3.25%
Dividends Paid	CN¥4.07 Million	-0.62%
Other Comprehensive Income	CN¥-30.05 Million	-4.57%
Other Changes	CN¥32.15 Million	+4.89%
Total Change	CN¥-	-3.43%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Xunjiexing Technology Corp. 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: 9.26x
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 12.09x to 9.26x 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¥3.76	CN¥45.53	x
2018-12-31	CN¥3.04	CN¥45.53	x
2019-12-31	CN¥3.25	CN¥45.53	x
2020-12-31	CN¥3.81	CN¥45.53	x
2021-12-31	CN¥5.26	CN¥45.53	x
2022-12-31	CN¥5.15	CN¥45.53	x
2023-12-31	CN¥5.14	CN¥45.53	x
2024-12-31	CN¥5.10	CN¥45.53	x
2025-12-31	CN¥4.92	CN¥45.53	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Xunjiexing Technology Corp. 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): -3.25%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.10%
• Asset Turnover: 0.48x
• Equity Multiplier: 2.19x
Recent ROE (-3.25%) is below the historical average (6.34%), 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	5.31%	3.96%	0.68x	1.98x	CN¥-9.50 Million
2018	11.18%	8.61%	0.77x	1.69x	CN¥3.43 Million
2019	10.76%	9.08%	0.81x	1.47x	CN¥2.49 Million
2020	14.71%	12.62%	0.77x	1.51x	CN¥18.08 Million
2021	9.89%	11.36%	0.66x	1.31x	CN¥-744.23K
2022	6.80%	10.46%	0.43x	1.53x	CN¥-21.94 Million
2023	1.95%	2.90%	0.45x	1.50x	CN¥-55.76 Million
2024	-0.29%	-0.42%	0.42x	1.68x	CN¥-70.01 Million
2025	-3.25%	-3.10%	0.48x	2.19x	CN¥-87.07 Million

Industry Comparison

This section compares Shenzhen Xunjiexing Technology Corp. Ltd.'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 Xunjiexing Technology Corp. Ltd. (688655)	CN¥656.96 Million	5.31%	1.19x	$888.71 Million
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 Xunjiexing Technology Corp. Ltd.

SHG:688655 China Electronic Components

Market Cap

$888.71 Million

CN¥6.07 Billion CNY

Market Cap Rank

#9644 Global

#2698 in China

Share Price

CN¥45.53

Change (1 day)

+18.60%

52-Week Range

CN¥15.68 - CN¥45.53

All Time High

CN¥45.53