Eastcompeace Technology Co Ltd (002017) - Net Assets
Based on the latest financial reports, Eastcompeace Technology Co Ltd (002017) has net assets worth CN¥1.78 Billion CNY (≈ $260.43 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.97 Billion ≈ $434.26 Million USD) and total liabilities (CN¥1.19 Billion ≈ $173.83 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 Eastcompeace Technology Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.78 Billion |
| % of Total Assets | 59.97% |
| Annual Growth Rate | 14.48% |
| 5-Year Change | 23.86% |
| 10-Year Change | 112.97% |
| Growth Volatility | 37.43 |
Eastcompeace Technology Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Eastcompeace Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002017 total assets for the complete picture of this company's asset base.
Annual Net Assets for Eastcompeace Technology Co Ltd (2001–2024)
The table below shows the annual net assets of Eastcompeace Technology Co Ltd from 2001 to 2024. For live valuation and market cap data, see 002017 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.76 Billion ≈ $257.01 Million |
+5.32% |
| 2023-12-31 | CN¥1.67 Billion ≈ $244.02 Million |
+8.94% |
| 2022-12-31 | CN¥1.53 Billion ≈ $224.00 Million |
+5.69% |
| 2021-12-31 | CN¥1.45 Billion ≈ $211.93 Million |
+2.13% |
| 2020-12-31 | CN¥1.42 Billion ≈ $207.50 Million |
+1.33% |
| 2019-12-31 | CN¥1.40 Billion ≈ $204.77 Million |
+43.28% |
| 2018-12-31 | CN¥976.65 Million ≈ $142.91 Million |
+3.35% |
| 2017-12-31 | CN¥944.98 Million ≈ $138.28 Million |
+2.80% |
| 2016-12-31 | CN¥919.19 Million ≈ $134.51 Million |
+11.46% |
| 2015-12-31 | CN¥824.68 Million ≈ $120.68 Million |
+8.96% |
| 2014-12-31 | CN¥756.87 Million ≈ $110.75 Million |
+6.18% |
| 2013-12-31 | CN¥712.82 Million ≈ $104.31 Million |
+4.30% |
| 2012-12-31 | CN¥683.40 Million ≈ $100.00 Million |
+5.70% |
| 2011-12-31 | CN¥646.56 Million ≈ $94.61 Million |
-4.89% |
| 2010-12-31 | CN¥679.82 Million ≈ $99.48 Million |
-3.48% |
| 2009-12-31 | CN¥704.35 Million ≈ $103.07 Million |
+48.98% |
| 2008-12-31 | CN¥472.79 Million ≈ $69.18 Million |
+9.82% |
| 2007-12-31 | CN¥430.52 Million ≈ $63.00 Million |
+2.83% |
| 2006-12-31 | CN¥418.66 Million ≈ $61.26 Million |
+5.33% |
| 2005-12-31 | CN¥397.48 Million ≈ $58.16 Million |
-3.13% |
| 2004-12-31 | CN¥410.34 Million ≈ $60.04 Million |
+179.29% |
| 2003-12-31 | CN¥146.92 Million ≈ $21.50 Million |
+34.02% |
| 2002-12-31 | CN¥109.62 Million ≈ $16.04 Million |
+40.14% |
| 2001-12-31 | CN¥78.23 Million ≈ $11.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Eastcompeace Technology 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 2535.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥658.30 Million | 37.70% |
| Common Stock | CN¥580.43 Million | 33.24% |
| Other Components | CN¥507.32 Million | 29.06% |
| Total Equity | CN¥1.75 Billion | 100.00% |
Eastcompeace Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Eastcompeace Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MY EG Services Bhd
KLSE:0138
|
$1.61 Billion |
|
Allied Blenders & Distillers Ltd
NSE:ABDL
|
$1.61 Billion |
|
Allied Gold Corporation
NYSE:AAUC
|
$1.61 Billion |
|
Grupo Aval Acciones y Valores S.A
F:6GAA
|
$1.61 Billion |
|
IReader Technology Co Ltd
SHG:603533
|
$1.61 Billion |
|
Shenzhen Noposion Agrochemicals Co Ltd
SHE:002215
|
$1.61 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
$1.61 Billion |
|
Alembic Pharmaceuticals Limited
NSE:APLLTD
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastcompeace Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,652,714,151 to 1,746,042,743, a change of 93,328,592 (5.6%).
- Net income of 189,810,098 contributed positively to equity growth.
- Dividend payments of 87,772,833 reduced retained earnings.
- Other comprehensive income decreased equity by 123,441,961.
- Other factors increased equity by 114,733,288.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥189.81 Million | +10.87% |
| Dividends Paid | CN¥87.77 Million | -5.03% |
| Other Comprehensive Income | CN¥-123.44 Million | -7.07% |
| Other Changes | CN¥114.73 Million | +6.57% |
| Total Change | CN¥- | 5.65% |
Book Value vs Market Value Analysis
This analysis compares Eastcompeace Technology 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: 6.29x
- 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 76.16x to 6.29x 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¥0.25 | CN¥18.93 | x |
| 2002-12-31 | CN¥0.35 | CN¥18.93 | x |
| 2003-12-31 | CN¥0.47 | CN¥18.93 | x |
| 2004-12-31 | CN¥1.30 | CN¥18.93 | x |
| 2005-12-31 | CN¥1.26 | CN¥18.93 | x |
| 2006-12-31 | CN¥1.02 | CN¥18.93 | x |
| 2007-12-31 | CN¥1.38 | CN¥18.93 | x |
| 2008-12-31 | CN¥1.25 | CN¥18.93 | x |
| 2009-12-31 | CN¥1.71 | CN¥18.93 | x |
| 2010-12-31 | CN¥1.39 | CN¥18.93 | x |
| 2011-12-31 | CN¥1.21 | CN¥18.93 | x |
| 2012-12-31 | CN¥1.29 | CN¥18.93 | x |
| 2013-12-31 | CN¥1.35 | CN¥18.93 | x |
| 2014-12-31 | CN¥1.41 | CN¥18.93 | x |
| 2015-12-31 | CN¥1.56 | CN¥18.93 | x |
| 2016-12-31 | CN¥1.72 | CN¥18.93 | x |
| 2017-12-31 | CN¥1.77 | CN¥18.93 | x |
| 2018-12-31 | CN¥1.73 | CN¥18.93 | x |
| 2019-12-31 | CN¥2.55 | CN¥18.93 | x |
| 2020-12-31 | CN¥2.43 | CN¥18.93 | x |
| 2021-12-31 | CN¥2.48 | CN¥18.93 | x |
| 2022-12-31 | CN¥2.61 | CN¥18.93 | x |
| 2023-12-31 | CN¥2.85 | CN¥18.93 | x |
| 2024-12-31 | CN¥3.01 | CN¥18.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastcompeace Technology 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): 10.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.71%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.71x
- Recent ROE (10.87%) is below the historical average (11.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 88.97% | 10.50% | 2.77x | 3.06x | CN¥61.77 Million |
| 2002 | 32.93% | 7.35% | 1.56x | 2.87x | CN¥25.14 Million |
| 2003 | 25.38% | 6.23% | 1.53x | 2.66x | CN¥22.60 Million |
| 2004 | 9.14% | 5.72% | 1.08x | 1.48x | CN¥-3.52 Million |
| 2005 | 2.91% | 1.79% | 1.20x | 1.36x | CN¥-28.22 Million |
| 2006 | 5.29% | 4.11% | 0.91x | 1.42x | CN¥-19.75 Million |
| 2007 | 9.48% | 5.29% | 1.24x | 1.45x | CN¥-2.24 Million |
| 2008 | 8.91% | 5.01% | 1.27x | 1.40x | CN¥-5.16 Million |
| 2009 | 4.48% | 4.11% | 0.84x | 1.30x | CN¥-38.64 Million |
| 2010 | 4.86% | 3.83% | 0.83x | 1.54x | CN¥-34.48 Million |
| 2011 | 5.54% | 3.80% | 0.79x | 1.85x | CN¥-28.56 Million |
| 2012 | 5.68% | 3.74% | 0.78x | 1.94x | CN¥-29.41 Million |
| 2013 | 6.14% | 3.76% | 0.82x | 1.98x | CN¥-27.61 Million |
| 2014 | 7.58% | 4.47% | 0.82x | 2.07x | CN¥-18.42 Million |
| 2015 | 7.82% | 4.47% | 0.93x | 1.88x | CN¥-17.89 Million |
| 2016 | 8.97% | 5.46% | 0.94x | 1.74x | CN¥-9.42 Million |
| 2017 | 4.01% | 3.17% | 0.77x | 1.65x | CN¥-56.37 Million |
| 2018 | 4.03% | 3.40% | 0.70x | 1.69x | CN¥-58.07 Million |
| 2019 | 2.83% | 3.35% | 0.56x | 1.50x | CN¥-100.00 Million |
| 2020 | 2.51% | 3.34% | 0.51x | 1.47x | CN¥-105.85 Million |
| 2021 | 3.01% | 4.05% | 0.47x | 1.59x | CN¥-100.72 Million |
| 2022 | 6.05% | 7.14% | 0.45x | 1.90x | CN¥-59.79 Million |
| 2023 | 10.40% | 12.43% | 0.47x | 1.80x | CN¥6.57 Million |
| 2024 | 10.87% | 13.71% | 0.46x | 1.71x | CN¥15.21 Million |
Industry Comparison
This section compares Eastcompeace Technology Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,040,122,278
- Average return on equity (ROE) among peers: -68.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastcompeace Technology Co Ltd (002017) | CN¥1.78 Billion | 88.97% | 0.67x | $1.61 Billion |
| Wiscom System Co Ltd (002090) | $436.23 Million | 11.30% | 0.39x | $658.27 Million |
| Topsec Technologies Group Inc (002212) | $1.80 Billion | 3.14% | 0.75x | $1.26 Billion |
| Focus Technology Co Ltd (002315) | $1.62 Billion | 10.04% | 0.15x | $1.41 Billion |
| Beijing Venustech Inc (002439) | $994.71 Million | 6.03% | 0.19x | $2.77 Billion |
| Maxvision Technology Corp (002990) | $2.02 Billion | 8.85% | 0.50x | $2.06 Billion |
| Wangsu Science Tech (300017) | $708.43 Million | 5.48% | 0.03x | $5.76 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $1.18 Billion | 10.37% | 0.34x | $1.15 Billion |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $539.78 Million | -23.92% | 1.03x | $3.85 Billion |
| TIZA Information Industry Corporation Inc (300209) | $56.50 Million | -649.13% | 13.39x | $2.37 Billion |
About Eastcompeace Technology Co Ltd
Eastcompeace Technology Co.Ltd is involved in the research and development, production, sales, and service of smart card products, digital identity security products, and industry applications in China and internationally. The company also offers security modules, platform software, and smart terminals. It serves financial institutions, communication operators, government agencies, and IoT equipm… Read more