China Strategic Technology Group Limited
China Strategic Technology Group Limited, an investment holding company, provides electronics manufacturing services in the People's Republic of China, the United States, India, South Korea, Hong Kong, Germany, Vietnam, Australia, and internationally. It operates in two segments, Electronics Manufacturing Services Business and Aerospace Business. The company provides refinement services, includin… Read more
China Strategic Technology Group Limited (USPCY) - Net Assets
Latest net assets as of December 2024: $136.22 Million USD
Based on the latest financial reports, China Strategic Technology Group Limited (USPCY) has net assets worth $136.22 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($845.17 Million) and total liabilities ($708.95 Million). 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 | $136.22 Million |
| % of Total Assets | 16.12% |
| Annual Growth Rate | 21.73% |
| 5-Year Change | -45.58% |
| 10-Year Change | N/A |
| Growth Volatility | 60.2 |
China Strategic Technology Group Limited - Net Assets Trend (2015–2024)
This chart illustrates how China Strategic Technology Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Strategic Technology Group Limited (2015–2024)
The table below shows the annual net assets of China Strategic Technology Group Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $136.22 Million | -33.02% |
| 2023-12-31 | $203.38 Million | -17.29% |
| 2022-12-31 | $245.88 Million | -37.20% |
| 2021-12-31 | $391.54 Million | +56.44% |
| 2020-12-31 | $250.29 Million | +5.97% |
| 2019-12-31 | $236.18 Million | +12.85% |
| 2018-12-31 | $209.29 Million | +142.35% |
| 2017-12-31 | $86.36 Million | +90.76% |
| 2016-12-31 | $45.27 Million | +95.13% |
| 2015-12-31 | $23.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Strategic Technology Group Limited'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 decreased by 4438.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.49 Million | 2.57% |
| Other Comprehensive Income | $128.41 Million | 73.44% |
| Other Components | $533.38 Million | 305.05% |
| Total Equity | $174.85 Million | 100.00% |
China Strategic Technology Group Limited Competitors by Market Cap
The table below lists competitors of China Strategic Technology Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMBC CAP.HLD.(NEW) -40
F:4C30
|
$55.59 Million |
|
Yellow Pages Limited
PINK:YLWDF
|
$55.60 Million |
|
Hyundai Livart Furniture Co Ltd
KO:079430
|
$55.60 Million |
|
Conifer Holdings Inc. 9.75% Senior Unsecured Notes due 2028
NASDAQ:CNFRZ
|
$55.63 Million |
|
Plenti Group Ltd
AU:PLT
|
$55.54 Million |
|
INTEGRATED W.S. ASA NK 2
F:9UG
|
$55.53 Million |
|
NX FILTRATION EO 1
F:9KJ
|
$55.53 Million |
|
Saint Jean Groupe Société anonyme
PA:SABE
|
$55.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Strategic Technology Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,329,000 to 174,847,000, a change of 518,000 (0.3%).
- Net loss of 198,005,000 reduced equity.
- New share issuances of 195,282,000 increased equity.
- Other comprehensive income decreased equity by 10,260,000.
- Other factors increased equity by 13,501,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-198.00 Million | -113.24% |
| Share Issuances | $195.28 Million | +111.69% |
| Other Comprehensive Income | $-10.26 Million | -5.87% |
| Other Changes | $13.50 Million | +7.72% |
| Total Change | $- | 0.30% |
Book Value vs Market Value Analysis
This analysis compares China Strategic Technology Group Limited'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: 1.54x
- 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 9.13x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.08 | $0.71 | x |
| 2016-12-31 | $0.15 | $0.71 | x |
| 2017-12-31 | $0.29 | $0.71 | x |
| 2018-12-31 | $0.83 | $0.71 | x |
| 2019-12-31 | $0.79 | $0.71 | x |
| 2020-12-31 | $0.83 | $0.71 | x |
| 2021-12-31 | $1.30 | $0.71 | x |
| 2022-12-31 | $0.80 | $0.71 | x |
| 2023-12-31 | $0.56 | $0.71 | x |
| 2024-12-31 | $0.46 | $0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Strategic Technology Group Limited 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): -113.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -62.70%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 4.83x
- Recent ROE (-113.24%) is below the historical average (-14.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 60.31% | 7.65% | 1.30x | 6.07x | $11.67 Million |
| 2016 | 48.78% | 8.24% | 1.60x | 3.70x | $17.55 Million |
| 2017 | 33.01% | 7.70% | 2.02x | 2.12x | $19.88 Million |
| 2018 | 9.84% | 3.77% | 1.45x | 1.80x | $-335.10K |
| 2019 | 10.78% | 4.66% | 1.23x | 1.88x | $1.84 Million |
| 2020 | 6.92% | 3.16% | 0.95x | 2.30x | $-7.71 Million |
| 2021 | -13.56% | -8.16% | 0.69x | 2.40x | $-92.23 Million |
| 2022 | -62.75% | -24.28% | 0.52x | 4.99x | $-178.88 Million |
| 2023 | -121.12% | -35.58% | 0.51x | 6.62x | $-228.57 Million |
| 2024 | -113.24% | -62.70% | 0.37x | 4.83x | $-215.49 Million |
Industry Comparison
This section compares China Strategic Technology Group Limited's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Strategic Technology Group Limited (USPCY) | $136.22 Million | 60.31% | 5.20x | $55.57 Million |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |