Elec-Tech International Co Ltd (002005) - Net Assets

Latest as of March 2026: CN¥383.46 Million CNY ≈ $56.11 Million USD

Based on the latest financial reports, Elec-Tech International Co Ltd (002005) has net assets worth CN¥383.46 Million CNY (≈ $56.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.12 Billion ≈ $163.88 Million USD) and total liabilities (CN¥736.50 Million ≈ $107.77 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. Also explore total assets of Elec-Tech International Co Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥383.46 Million
% of Total Assets	34.24%
Annual Growth Rate	5.28%
5-Year Change	-75.02%
10-Year Change	-93.24%
Growth Volatility	65.97

Elec-Tech International Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Elec-Tech International Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Elec-Tech International Co Ltd (002005) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Elec-Tech International Co Ltd (2001–2025)

The table below shows the annual net assets of Elec-Tech International Co Ltd from 2001 to 2025. For live valuation and market cap data, see 002005 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥393.41 Million ≈ $57.57 Million	+2.15%
2024-12-31	CN¥385.15 Million ≈ $56.36 Million	-29.88%
2023-12-31	CN¥549.30 Million ≈ $80.38 Million	-56.58%
2022-12-31	CN¥1.27 Billion ≈ $185.13 Million	-19.66%
2021-12-31	CN¥1.57 Billion ≈ $230.43 Million	-19.19%
2020-12-31	CN¥1.95 Billion ≈ $285.15 Million	-27.06%
2019-12-31	CN¥2.67 Billion ≈ $390.94 Million	+9.38%
2018-12-31	CN¥2.44 Billion ≈ $357.43 Million	-62.13%
2017-12-31	CN¥6.45 Billion ≈ $943.79 Million	+10.76%
2016-12-31	CN¥5.82 Billion ≈ $852.11 Million	-2.81%
2015-12-31	CN¥5.99 Billion ≈ $876.74 Million	+1.76%
2014-12-31	CN¥5.89 Billion ≈ $861.60 Million	+37.70%
2013-12-31	CN¥4.28 Billion ≈ $625.70 Million	+1.07%
2012-12-31	CN¥4.23 Billion ≈ $619.07 Million	+55.20%
2011-12-31	CN¥2.73 Billion ≈ $398.89 Million	+13.11%
2010-12-31	CN¥2.41 Billion ≈ $352.65 Million	+242.69%
2009-12-31	CN¥703.24 Million ≈ $102.91 Million	+16.02%
2008-12-31	CN¥606.16 Million ≈ $88.70 Million	-9.49%
2007-12-31	CN¥669.68 Million ≈ $98.00 Million	+5.77%
2006-12-31	CN¥633.14 Million ≈ $92.65 Million	+0.09%
2005-12-31	CN¥632.60 Million ≈ $92.57 Million	-14.62%
2004-12-31	CN¥740.90 Million ≈ $108.42 Million	+180.85%
2003-12-31	CN¥263.81 Million ≈ $38.60 Million	+37.11%
2002-12-31	CN¥192.40 Million ≈ $28.15 Million	+68.12%
2001-12-31	CN¥114.44 Million ≈ $16.75 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Elec-Tech International 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 decreased by 30103.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥6.28 Billion	1848.88%
Total Equity	CN¥339.42 Million	100.00%

Elec-Tech International Co Ltd Competitors by Market Cap

The table below lists competitors of Elec-Tech International Co Ltd ranked by their market capitalization.

Company	Market Cap
Yuanta Sec Kor KO:003470	$582.37 Million
Shenzhen Anche Technologies Co Ltd SHE:300572	$582.37 Million
Haoxiangni Jujube Co Ltd SHE:002582	$582.42 Million
Shandong Yanggu Huatai Chemical Co Ltd SHE:300121	$582.46 Million
Vital Farms Inc NASDAQ:VITL	$581.91 Million
HelloFresh SE XETRA:HFG	$581.51 Million
Farglory FTZ Investment Holding Co Ltd TW:5607	$581.39 Million
Vanjee Technology Co Ltd SHE:300552	$581.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Elec-Tech International Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 198,034,520 to 339,419,761, a change of 141,385,241 (71.4%).
Net income of 34,096,712 contributed positively to equity growth.
Dividend payments of 3,070,886 reduced retained earnings.
Other comprehensive income increased equity by 480,044,544.
Other factors decreased equity by 369,685,129.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥34.10 Million	+10.05%
Dividends Paid	CN¥3.07 Million	-0.9%
Other Comprehensive Income	CN¥480.04 Million	+141.43%
Other Changes	CN¥-369.69 Million	-108.92%
Total Change	CN¥-	71.39%

Book Value vs Market Value Analysis

This analysis compares Elec-Tech International 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: 11.72x
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 14.95x to 11.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	CN¥0.15	CN¥2.27	x
2002-12-31	CN¥0.26	CN¥2.27	x
2003-12-31	CN¥0.37	CN¥2.27	x
2004-12-31	CN¥1.13	CN¥2.27	x
2005-12-31	CN¥0.96	CN¥2.27	x
2006-12-31	CN¥0.91	CN¥2.27	x
2007-12-31	CN¥1.07	CN¥2.27	x
2008-12-31	CN¥0.91	CN¥2.27	x
2009-12-31	CN¥1.00	CN¥2.27	x
2010-12-31	CN¥3.40	CN¥2.27	x
2011-12-31	CN¥2.79	CN¥2.27	x
2012-12-31	CN¥3.76	CN¥2.27	x
2013-12-31	CN¥3.62	CN¥2.27	x
2014-12-31	CN¥4.34	CN¥2.27	x
2015-12-31	CN¥3.95	CN¥2.27	x
2016-12-31	CN¥3.83	CN¥2.27	x
2017-12-31	CN¥4.24	CN¥2.27	x
2018-12-31	CN¥1.28	CN¥2.27	x
2019-12-31	CN¥1.41	CN¥2.27	x
2020-12-31	CN¥1.00	CN¥2.27	x
2021-12-31	CN¥0.80	CN¥2.27	x
2022-12-31	CN¥0.63	CN¥2.27	x
2023-12-31	CN¥0.22	CN¥2.27	x
2024-12-31	CN¥0.11	CN¥2.27	x
2025-12-31	CN¥0.19	CN¥2.27	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Elec-Tech International 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): 10.05%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.14%
• Asset Turnover: 0.58x
• Equity Multiplier: 3.39x
Recent ROE (10.05%) is above the historical average (-11.36%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	46.68%	10.84%	0.95x	4.55x	CN¥36.29 Million
2002	42.07%	12.52%	0.98x	3.41x	CN¥54.77 Million
2003	28.53%	6.25%	1.20x	3.81x	CN¥44.44 Million
2004	6.26%	2.88%	1.05x	2.08x	CN¥-27.45 Million
2005	0.98%	0.30%	1.25x	2.65x	CN¥-56.35 Million
2006	0.98%	0.35%	1.20x	2.35x	CN¥-56.96 Million
2007	4.67%	1.60%	1.02x	2.86x	CN¥-35.35 Million
2008	-10.40%	-2.47%	1.37x	3.06x	CN¥-122.41 Million
2009	7.55%	2.55%	0.87x	3.42x	CN¥-15.87 Million
2010	8.25%	7.54%	0.51x	2.13x	CN¥-41.64 Million
2011	14.55%	12.80%	0.45x	2.51x	CN¥122.75 Million
2012	3.85%	5.87%	0.30x	2.19x	CN¥-258.34 Million
2013	-2.70%	-3.65%	0.29x	2.58x	CN¥-536.95 Million
2014	0.25%	0.34%	0.32x	2.33x	CN¥-541.52 Million
2015	0.36%	0.44%	0.34x	2.43x	CN¥-532.57 Million
2016	0.59%	0.78%	0.30x	2.53x	CN¥-503.84 Million
2017	-15.73%	-23.11%	0.30x	2.26x	CN¥-1.59 Billion
2018	-175.97%	-99.15%	0.52x	3.40x	CN¥-4.19 Billion
2019	10.60%	8.86%	0.55x	2.17x	CN¥15.06 Million
2020	-33.62%	-26.90%	0.55x	2.29x	CN¥-773.43 Million
2021	-37.68%	-25.47%	0.61x	2.44x	CN¥-669.98 Million
2022	-33.57%	-31.10%	0.44x	2.44x	CN¥-478.44 Million
2023	-59.96%	-29.04%	0.43x	4.81x	CN¥-266.73 Million
2024	-100.63%	-27.03%	0.60x	6.24x	CN¥-219.08 Million
2025	10.05%	5.14%	0.58x	3.39x	CN¥154.74K

Industry Comparison

This section compares Elec-Tech International Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $16,424,196,814
Average return on equity (ROE) among peers: 12.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Elec-Tech International Co Ltd (002005)	CN¥383.46 Million	46.68%	1.92x	$582.11 Million
Midea Group Co Ltd (000333)	$134.83 Billion	21.19%	1.88x	$85.92 Billion
Changhong Meiling Co Ltd (000521)	$3.21 Billion	8.54%	1.66x	$614.16 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$1.76 Billion	14.88%	2.94x	$33.16 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$-701.11 Million	0.00%	0.00x	$3.31 Billion
Suncha Technology Co Ltd (001211)	$387.30 Million	18.55%	0.96x	$194.28 Million
Zhejiang Supor Co Ltd (002032)	$6.84 Billion	28.05%	0.73x	$5.03 Billion
Vatti Corp Ltd (002035)	$322.61 Million	8.72%	0.72x	$568.10 Million
CNlight Co Ltd (002076)	$377.54 Million	3.59%	0.17x	$290.52 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084)	$797.95 Million	5.06%	1.07x	$308.19 Million

About Elec-Tech International Co Ltd

SHE:002005 China Furnishings, Fixtures & Appliances

Market Cap

$582.11 Million

CN¥3.98 Billion CNY

Market Cap Rank

#11204 Global

#3003 in China

Share Price

CN¥2.27

Change (1 day)

-0.87%

52-Week Range

CN¥2.20 - CN¥3.17

All Time High

CN¥10.56