Gotion High tech Co Ltd (002074) - Net Assets

Latest as of September 2025: CN¥34.26 Billion CNY ≈ $5.01 Billion USD

Based on the latest financial reports, Gotion High tech Co Ltd (002074) has net assets worth CN¥34.26 Billion CNY (≈ $5.01 Billion 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¥121.15 Billion ≈ $17.73 Billion USD) and total liabilities (CN¥86.89 Billion ≈ $12.71 Billion 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 how resilient are Gotion High tech Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥34.26 Billion
% of Total Assets 28.28%
Annual Growth Rate 31.99%
5-Year Change 169.94%
10-Year Change 882.77%
Growth Volatility 53.8

Gotion High tech Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Gotion High tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Gotion High tech Co Ltd (002074) total assets for the complete picture of this company's asset base.

Annual Net Assets for Gotion High tech Co Ltd (2003–2024)

The table below shows the annual net assets of Gotion High tech Co Ltd from 2003 to 2024. For live valuation and market cap data, see Gotion High tech Co Ltd market cap and net worth.

Year Net Assets Change
2024-12-31 CN¥29.90 Billion
≈ $4.37 Billion		 +13.69%
2023-12-31 CN¥26.30 Billion
≈ $3.85 Billion		 +7.34%
2022-12-31 CN¥24.50 Billion
≈ $3.58 Billion		 +26.44%
2021-12-31 CN¥19.37 Billion
≈ $2.84 Billion		 +74.93%
2020-12-31 CN¥11.08 Billion
≈ $1.62 Billion		 +22.30%
2019-12-31 CN¥9.06 Billion
≈ $1.33 Billion		 +5.92%
2018-12-31 CN¥8.55 Billion
≈ $1.25 Billion		 +3.57%
2017-12-31 CN¥8.26 Billion
≈ $1.21 Billion		 +108.46%
2016-12-31 CN¥3.96 Billion
≈ $579.47 Million		 +30.18%
2015-12-31 CN¥3.04 Billion
≈ $445.15 Million		 +173.62%
2014-12-31 CN¥1.11 Billion
≈ $162.69 Million		 +108.85%
2013-12-31 CN¥532.31 Million
≈ $77.89 Million		 +3.87%
2012-12-31 CN¥512.47 Million
≈ $74.99 Million		 +3.09%
2011-12-31 CN¥497.13 Million
≈ $72.75 Million		 +6.26%
2010-12-31 CN¥467.84 Million
≈ $68.46 Million		 +9.69%
2009-12-31 CN¥426.51 Million
≈ $62.41 Million		 +6.08%
2008-12-31 CN¥402.05 Million
≈ $58.83 Million		 +10.49%
2007-12-31 CN¥363.89 Million
≈ $53.25 Million		 +10.04%
2006-12-31 CN¥330.70 Million
≈ $48.39 Million		 +176.69%
2005-12-31 CN¥119.52 Million
≈ $17.49 Million		 +13.24%
2004-12-31 CN¥105.54 Million
≈ $15.44 Million		 +20.10%
2003-12-31 CN¥87.88 Million
≈ $12.86 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Gotion High tech 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 19109.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.47 Billion 21.07%
Common Stock CN¥1.80 Billion 6.94%
Other Components CN¥18.69 Billion 71.99%
Total Equity CN¥25.96 Billion 100.00%

Gotion High tech Co Ltd Competitors by Market Cap

The table below lists competitors of Gotion High tech Co Ltd ranked by their market capitalization.

Company Market Cap
Loongson Technology Corp. Ltd. A
SHG:688047
 $9.75 Billion
Suzhou Maxwell Technologies Co Ltd Class A
SHE:300751
 $9.77 Billion
APA Group
AU:APA
 $9.77 Billion
Bentley Systems Inc
NASDAQ:BSY
 $9.78 Billion
Daewoo Engineering & Construction
KO:047040
 $9.75 Billion
Shenzhen Transsion Holdings Co Ltd
SHG:688036
 $9.73 Billion
Getlink SE
PA:GET
 $9.72 Billion
RYOHIN UNSP.ADR/1
F:3RKU
 $9.71 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gotion High tech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 25,066,840,000 to 25,960,093,000, a change of 893,253,000 (3.6%).
  • Net income of 1,206,790,000 contributed positively to equity growth.
  • Dividend payments of 1,542,226,000 reduced retained earnings.
  • Share repurchases of 300,039,000 reduced equity.
  • Other factors increased equity by 1,528,728,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.21 Billion +4.65%
Dividends Paid CN¥1.54 Billion -5.94%
Share Repurchases CN¥300.04 Million -1.16%
Other Changes CN¥1.53 Billion +5.89%
Total Change CN¥- 3.56%

Book Value vs Market Value Analysis

This analysis compares Gotion High tech 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: 2.51x
  • 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 74.90x to 2.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥0.49 CN¥36.74 x
2004-12-31 CN¥0.59 CN¥36.74 x
2005-12-31 CN¥0.64 CN¥36.74 x
2006-12-31 CN¥1.73 CN¥36.74 x
2007-12-31 CN¥1.12 CN¥36.74 x
2008-12-31 CN¥1.24 CN¥36.74 x
2009-12-31 CN¥1.31 CN¥36.74 x
2010-12-31 CN¥1.43 CN¥36.74 x
2011-12-31 CN¥1.45 CN¥36.74 x
2012-12-31 CN¥1.57 CN¥36.74 x
2013-12-31 CN¥1.68 CN¥36.74 x
2014-12-31 CN¥1.97 CN¥36.74 x
2015-12-31 CN¥3.61 CN¥36.74 x
2016-12-31 CN¥4.50 CN¥36.74 x
2017-12-31 CN¥9.13 CN¥36.74 x
2018-12-31 CN¥7.49 CN¥36.74 x
2019-12-31 CN¥8.69 CN¥36.74 x
2020-12-31 CN¥8.52 CN¥36.74 x
2021-12-31 CN¥11.28 CN¥36.74 x
2022-12-31 CN¥13.58 CN¥36.74 x
2023-12-31 CN¥14.15 CN¥36.74 x
2024-12-31 CN¥14.63 CN¥36.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gotion High tech 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): 4.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.41%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 4.15x
  • Recent ROE (4.65%) is below the historical average (10.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 22.37% 12.13% 0.89x 2.06x CN¥10.69 Million
2004 21.20% 11.92% 0.76x 2.33x CN¥11.64 Million
2005 11.82% 6.43% 0.68x 2.70x CN¥2.05 Million
2006 8.30% 9.54% 0.55x 1.58x CN¥-5.23 Million
2007 9.96% 9.69% 0.52x 1.98x CN¥-131.26K
2008 10.96% 8.49% 0.63x 2.06x CN¥3.44 Million
2009 8.91% 8.48% 0.50x 2.11x CN¥-4.13 Million
2010 6.74% 5.88% 0.55x 2.07x CN¥-13.26 Million
2011 8.45% 5.98% 0.65x 2.16x CN¥-6.71 Million
2012 8.34% 6.22% 0.55x 2.44x CN¥-7.34 Million
2013 6.24% 3.97% 0.58x 2.71x CN¥-17.53 Million
2014 22.69% 24.70% 0.38x 2.39x CN¥140.16 Million
2015 19.38% 21.29% 0.41x 2.23x CN¥283.01 Million
2016 26.19% 21.67% 0.47x 2.60x CN¥637.37 Million
2017 10.18% 17.32% 0.28x 2.08x CN¥14.97 Million
2018 6.81% 11.32% 0.25x 2.41x CN¥-272.26 Million
2019 0.58% 1.03% 0.20x 2.83x CN¥-839.15 Million
2020 1.37% 2.23% 0.24x 2.55x CN¥-940.93 Million
2021 0.54% 0.98% 0.24x 2.32x CN¥-1.78 Billion
2022 1.33% 1.35% 0.32x 3.09x CN¥-2.04 Billion
2023 3.74% 2.97% 0.34x 3.73x CN¥-1.57 Billion
2024 4.65% 3.41% 0.33x 4.15x CN¥-1.39 Billion

Industry Comparison

This section compares Gotion High tech Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $956,240,681
  • Average return on equity (ROE) among peers: -32.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gotion High tech Co Ltd (002074) CN¥34.26 Billion 22.37% 2.54x $9.75 Billion
XJ Electric Co Ltd (000400) $789.62 Million 13.31% 0.28x $3.75 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541) $3.00 Billion 13.36% 0.15x $1.02 Billion
Dongfang Electronics Co Ltd (000682) $1.32 Billion 0.16% 0.16x $2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $967.32 Million 3.48% 4.72x $834.77 Million
Huagong Tech Co Ltd (000988) $141.93 Million 21.53% 0.30x $17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.48 Billion 7.41% 1.41x $1.79 Billion
Sieyuan Electric Co Ltd (002028) $478.86 Million 17.57% 0.71x $22.29 Billion
Shanghai Welltech Automation Co Ltd (002058) $170.82 Million 5.01% 0.32x $526.87 Million

About Gotion High tech Co Ltd

SHE:002074 China Electrical Equipment & Parts
Market Cap
$9.75 Billion
CN¥66.65 Billion CNY
Market Cap Rank
#2275 Global
#274 in China
Share Price
CN¥36.74
Change (1 day)
-2.68%
52-Week Range
CN¥21.00 - CN¥49.30
All Time High
CN¥66.04
Categories
Companies in China Electrical Equipment & Parts
About

Gotion High-tech Co.,Ltd., together with its subsidiaries, engages in the research and development, manufacturing, and marketing of power battery systems, energy storage battery systems, and power transmission and distribution equipment in China and internationally. The company provides lithium iron phosphate materials and battery cores, ternary materials and battery cores, power battery packs, a… Read more