Create Technology & Science Co Ltd (000551) - Net Assets
Based on the latest financial reports, Create Technology & Science Co Ltd (000551) has net assets worth CN¥3.88 Billion CNY (≈ $567.48 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.23 Billion ≈ $911.46 Million USD) and total liabilities (CN¥2.35 Billion ≈ $343.98 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 tangible equity quality of Create Technology & Science Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.88 Billion |
| % of Total Assets | 62.26% |
| Annual Growth Rate | 15.02% |
| 5-Year Change | 38.29% |
| 10-Year Change | 113.39% |
| Growth Volatility | 74.03 |
Create Technology & Science Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Create Technology & Science Co Ltd's net assets have evolved over time, based on quarterly financial data. See Create Technology & Science Co Ltd (000551) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Create Technology & Science Co Ltd (1992–2024)
The table below shows the annual net assets of Create Technology & Science Co Ltd from 1992 to 2024. For live valuation and market cap data, see market cap of Create Technology & Science Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.67 Billion ≈ $536.61 Million |
+10.13% |
| 2023-12-31 | CN¥3.33 Billion ≈ $487.23 Million |
+2.73% |
| 2022-12-31 | CN¥3.24 Billion ≈ $474.29 Million |
+16.51% |
| 2021-12-31 | CN¥2.78 Billion ≈ $407.10 Million |
+4.91% |
| 2020-12-31 | CN¥2.65 Billion ≈ $388.04 Million |
+10.72% |
| 2019-12-31 | CN¥2.40 Billion ≈ $350.48 Million |
+11.15% |
| 2018-12-31 | CN¥2.15 Billion ≈ $315.32 Million |
+1.51% |
| 2017-12-31 | CN¥2.12 Billion ≈ $310.62 Million |
+3.11% |
| 2016-12-31 | CN¥2.06 Billion ≈ $301.26 Million |
+19.80% |
| 2015-12-31 | CN¥1.72 Billion ≈ $251.47 Million |
-2.48% |
| 2014-12-31 | CN¥1.76 Billion ≈ $257.88 Million |
+2.49% |
| 2013-12-31 | CN¥1.72 Billion ≈ $251.60 Million |
+4.02% |
| 2012-12-31 | CN¥1.65 Billion ≈ $241.88 Million |
+0.26% |
| 2011-12-31 | CN¥1.65 Billion ≈ $241.25 Million |
+3.40% |
| 2010-12-31 | CN¥1.59 Billion ≈ $233.31 Million |
+60.47% |
| 2009-12-31 | CN¥993.57 Million ≈ $145.39 Million |
+6.73% |
| 2008-12-31 | CN¥930.91 Million ≈ $136.22 Million |
+2.13% |
| 2007-12-31 | CN¥911.47 Million ≈ $133.38 Million |
+4.05% |
| 2006-12-31 | CN¥875.96 Million ≈ $128.18 Million |
+13.77% |
| 2005-12-31 | CN¥769.96 Million ≈ $112.67 Million |
+7.09% |
| 2004-12-31 | CN¥718.96 Million ≈ $105.21 Million |
+9.42% |
| 2003-12-31 | CN¥657.08 Million ≈ $96.15 Million |
+12.86% |
| 2002-12-31 | CN¥582.22 Million ≈ $85.20 Million |
+4.01% |
| 2001-12-31 | CN¥559.79 Million ≈ $81.92 Million |
+3.18% |
| 2000-12-31 | CN¥542.55 Million ≈ $79.39 Million |
+15.56% |
| 1999-12-31 | CN¥469.49 Million ≈ $68.70 Million |
-6.12% |
| 1998-12-31 | CN¥500.09 Million ≈ $73.18 Million |
-2.74% |
| 1997-12-31 | CN¥514.15 Million ≈ $75.24 Million |
+1.88% |
| 1996-12-31 | CN¥504.66 Million ≈ $73.85 Million |
+50.73% |
| 1995-12-31 | CN¥334.81 Million ≈ $48.99 Million |
+33.24% |
| 1994-12-31 | CN¥251.29 Million ≈ $36.77 Million |
+14.13% |
| 1993-12-31 | CN¥220.17 Million ≈ $32.22 Million |
+428.13% |
| 1992-12-31 | CN¥41.69 Million ≈ $6.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Create Technology & Science 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 99289.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.40 Billion | 53.36% |
| Other Components | CN¥1.22 Billion | 46.64% |
| Total Equity | CN¥2.62 Billion | 100.00% |
Create Technology & Science Co Ltd Competitors by Market Cap
The table below lists competitors of Create Technology & Science Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TUYA INC.ADR/1A
F:785
|
$1.11 Billion |
|
Omai Gold Mines Corp
V:OMG
|
$1.11 Billion |
|
Tekfen Holding AS
IS:TKFEN
|
$1.11 Billion |
|
Foxsemicon Integrated Technology Inc
TW:3413
|
$1.11 Billion |
|
MBB INDUSTRIES
XETRA:MBB
|
$1.11 Billion |
|
Shinry Technologies Co Ltd Class A
SHE:300745
|
$1.11 Billion |
|
Lontium Semiconductor Corp. A
SHG:688486
|
$1.11 Billion |
|
Whirlpool of India Limited
NSE:WHIRLPOOL
|
$1.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Create Technology & Science Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,337,814,166 to 2,620,335,102, a change of 282,520,936 (12.1%).
- Net income of 250,629,536 contributed positively to equity growth.
- Dividend payments of 46,092,960 reduced retained earnings.
- Other comprehensive income decreased equity by 399,193,546.
- Other factors increased equity by 477,177,906.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥250.63 Million | +9.56% |
| Dividends Paid | CN¥46.09 Million | -1.76% |
| Other Comprehensive Income | CN¥-399.19 Million | -15.23% |
| Other Changes | CN¥477.18 Million | +18.21% |
| Total Change | CN¥- | 12.08% |
Book Value vs Market Value Analysis
This analysis compares Create Technology & Science 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: 2.89x
- 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 27.43x to 2.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.57 | CN¥15.63 | x |
| 1994-12-31 | CN¥0.64 | CN¥15.63 | x |
| 1995-12-31 | CN¥0.79 | CN¥15.63 | x |
| 1996-12-31 | CN¥1.24 | CN¥15.63 | x |
| 1997-12-31 | CN¥1.28 | CN¥15.63 | x |
| 1998-12-31 | CN¥1.29 | CN¥15.63 | x |
| 1999-12-31 | CN¥1.30 | CN¥15.63 | x |
| 2000-12-31 | CN¥1.36 | CN¥15.63 | x |
| 2001-12-31 | CN¥1.39 | CN¥15.63 | x |
| 2002-12-31 | CN¥1.41 | CN¥15.63 | x |
| 2003-12-31 | CN¥1.53 | CN¥15.63 | x |
| 2004-12-31 | CN¥1.60 | CN¥15.63 | x |
| 2005-12-31 | CN¥1.67 | CN¥15.63 | x |
| 2006-12-31 | CN¥1.93 | CN¥15.63 | x |
| 2007-12-31 | CN¥2.01 | CN¥15.63 | x |
| 2008-12-31 | CN¥2.05 | CN¥15.63 | x |
| 2009-12-31 | CN¥2.26 | CN¥15.63 | x |
| 2010-12-31 | CN¥3.31 | CN¥15.63 | x |
| 2011-12-31 | CN¥3.02 | CN¥15.63 | x |
| 2012-12-31 | CN¥2.51 | CN¥15.63 | x |
| 2013-12-31 | CN¥3.13 | CN¥15.63 | x |
| 2014-12-31 | CN¥3.41 | CN¥15.63 | x |
| 2015-12-31 | CN¥3.27 | CN¥15.63 | x |
| 2016-12-31 | CN¥3.86 | CN¥15.63 | x |
| 2017-12-31 | CN¥4.14 | CN¥15.63 | x |
| 2018-12-31 | CN¥4.14 | CN¥15.63 | x |
| 2019-12-31 | CN¥4.48 | CN¥15.63 | x |
| 2020-12-31 | CN¥4.79 | CN¥15.63 | x |
| 2021-12-31 | CN¥4.96 | CN¥15.63 | x |
| 2022-12-31 | CN¥5.73 | CN¥15.63 | x |
| 2023-12-31 | CN¥5.77 | CN¥15.63 | x |
| 2024-12-31 | CN¥5.41 | CN¥15.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Create Technology & Science 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): 9.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.37x
- Recent ROE (9.56%) is above the historical average (8.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 12.42% | 3.79% | 1.41x | 2.32x | CN¥4.96 Million |
| 1994 | 14.22% | 5.95% | 0.65x | 3.69x | CN¥9.65 Million |
| 1995 | 9.56% | 2.86% | 0.83x | 4.04x | CN¥-1.25 Million |
| 1996 | 31.29% | 18.87% | 0.59x | 2.82x | CN¥95.29 Million |
| 1997 | 2.74% | 3.06% | 0.35x | 2.52x | CN¥-33.42 Million |
| 1998 | 0.55% | 0.79% | 0.31x | 2.25x | CN¥-43.74 Million |
| 1999 | 10.40% | 76.39% | 0.08x | 1.73x | CN¥1.86 Million |
| 2000 | 9.19% | 13.23% | 0.28x | 2.45x | CN¥-3.95 Million |
| 2001 | 10.60% | 8.39% | 0.60x | 2.10x | CN¥2.97 Million |
| 2002 | 8.07% | 5.00% | 0.79x | 2.04x | CN¥-9.79 Million |
| 2003 | 7.53% | 4.84% | 0.63x | 2.48x | CN¥-13.62 Million |
| 2004 | 7.95% | 3.15% | 0.91x | 2.78x | CN¥-11.75 Million |
| 2005 | 8.84% | 3.70% | 0.92x | 2.59x | CN¥-6.96 Million |
| 2006 | 19.55% | 9.49% | 0.82x | 2.52x | CN¥67.22 Million |
| 2007 | 8.95% | 3.90% | 0.87x | 2.64x | CN¥-7.61 Million |
| 2008 | 6.51% | 2.89% | 0.89x | 2.54x | CN¥-25.99 Million |
| 2009 | 10.64% | 4.97% | 0.84x | 2.54x | CN¥5.16 Million |
| 2010 | 5.23% | 2.81% | 0.76x | 2.46x | CN¥-57.71 Million |
| 2011 | 2.98% | 1.50% | 0.79x | 2.53x | CN¥-87.74 Million |
| 2012 | 0.40% | 0.25% | 0.62x | 2.59x | CN¥-119.91 Million |
| 2013 | 3.19% | 1.84% | 0.65x | 2.66x | CN¥-87.65 Million |
| 2014 | 2.35% | 1.37% | 0.69x | 2.48x | CN¥-101.31 Million |
| 2015 | 1.83% | 1.12% | 0.65x | 2.52x | CN¥-107.47 Million |
| 2016 | 3.11% | 2.18% | 0.57x | 2.50x | CN¥-110.50 Million |
| 2017 | 4.11% | 2.56% | 0.61x | 2.61x | CN¥-95.25 Million |
| 2018 | 5.32% | 2.89% | 0.68x | 2.70x | CN¥-75.83 Million |
| 2019 | 10.96% | 6.07% | 0.70x | 2.59x | CN¥17.27 Million |
| 2020 | 10.62% | 6.33% | 0.64x | 2.61x | CN¥11.93 Million |
| 2021 | 9.89% | 5.31% | 0.68x | 2.74x | CN¥-2.18 Million |
| 2022 | 11.86% | 6.52% | 0.66x | 2.74x | CN¥42.78 Million |
| 2023 | 6.64% | 3.59% | 0.70x | 2.64x | CN¥-78.49 Million |
| 2024 | 9.56% | 5.98% | 0.67x | 2.37x | CN¥-11.40 Million |
Industry Comparison
This section compares Create Technology & Science Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $4,294,252,839
- Average return on equity (ROE) among peers: 5.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Create Technology & Science Co Ltd (000551) | CN¥3.88 Billion | 12.42% | 0.61x | $1.11 Billion |
| China Baoan Group Co Ltd (000009) | $18.84 Billion | 6.14% | 1.78x | $2.58 Billion |
| Yunding Technology Co Ltd (000409) | $126.42 Million | 0.00% | 0.40x | $861.84 Million |
| Sundiro Holding Co Ltd (000571) | $2.32 Billion | 4.52% | 0.44x | $650.79 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $1.31 Billion | 7.83% | 0.21x | $453.42 Million |
| Macrolink Real Estate Co Ltd (000620) | $8.30 Billion | 10.21% | 5.20x | $2.54 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $5.98 Billion | 5.28% | 4.73x | $755.73 Million |
| CHTC Helon Co Ltd (000677) | $643.13 Million | 0.70% | 0.31x | $217.45 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $300.31 Million | 5.40% | 1.44x | $867.80 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $832.92 Million | 6.07% | 0.92x | $1.20 Billion |
About Create Technology & Science Co Ltd
Create Technology & Science Co.,Ltd. engages in the research and development, production, and sale of high-voltage insulators for power transmission and transformation, clean environmental protection equipment and engineering in China and internationally. It is also involved in the optical-mechanical-electrical-computer integrated surveying and mapping instruments, abrasives, needle roller bearin… Read more