Gotion High tech Co Ltd (002074) - Net Assets
Based on the latest financial reports, Gotion High tech Co Ltd (002074) has net assets worth CN¥37.40 Billion CNY (≈ $5.47 Billion 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¥133.41 Billion ≈ $19.52 Billion USD) and total liabilities (CN¥96.01 Billion ≈ $14.05 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 tangible equity quality of Gotion High tech Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥37.40 Billion |
| % of Total Assets | 28.03% |
| Annual Growth Rate | 31.59% |
| 5-Year Change | 90.49% |
| 10-Year Change | 831.98% |
| Growth Volatility | 52.67 |
Gotion High tech Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Gotion High tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002074 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gotion High tech Co Ltd (2003–2025)
The table below shows the annual net assets of Gotion High tech Co Ltd from 2003 to 2025. For live valuation and market cap data, see Gotion High tech Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥36.91 Billion ≈ $5.40 Billion |
+23.45% |
| 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 |
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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 26774.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.65 Billion | 26.28% |
| Other Components | CN¥21.47 Billion | 73.72% |
| Total Equity | CN¥29.12 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 |
|---|---|
|
The Gap, Inc.
NYSE:GAP
|
$7.80 Billion |
|
Storebrand ASA
OL:STB
|
$7.80 Billion |
|
Bajaj Housing Finance
NSE:BAJAJHFL
|
$7.80 Billion |
|
Huizhou Desay SV Automotive Co Ltd Class A
SHE:002920
|
$7.80 Billion |
|
Voestalpine AG
VI:VOE
|
$7.79 Billion |
|
DUFRY AG UNSP.ADR/010
F:D2JA
|
$7.78 Billion |
|
Universal Health Services Inc
NYSE:UHS
|
$7.78 Billion |
|
One 97 Communications Limited
NSE:PAYTM
|
$7.76 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 2024 to 2025, total equity changed from 25,960,093,000 to 29,123,913,652, a change of 3,163,820,652 (12.2%).
- Net income of 2,383,271,938 contributed positively to equity growth.
- Dividend payments of 1,637,819,836 reduced retained earnings.
- Other factors increased equity by 2,418,368,550.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.38 Billion | +8.18% |
| Dividends Paid | CN¥1.64 Billion | -5.62% |
| Other Changes | CN¥2.42 Billion | +8.3% |
| Total Change | CN¥- | 12.19% |
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: 1.83x
- 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 59.84x to 1.83x 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¥29.35 | x |
| 2004-12-31 | CN¥0.59 | CN¥29.35 | x |
| 2005-12-31 | CN¥0.64 | CN¥29.35 | x |
| 2006-12-31 | CN¥1.73 | CN¥29.35 | x |
| 2007-12-31 | CN¥1.12 | CN¥29.35 | x |
| 2008-12-31 | CN¥1.24 | CN¥29.35 | x |
| 2009-12-31 | CN¥1.31 | CN¥29.35 | x |
| 2010-12-31 | CN¥1.43 | CN¥29.35 | x |
| 2011-12-31 | CN¥1.45 | CN¥29.35 | x |
| 2012-12-31 | CN¥1.57 | CN¥29.35 | x |
| 2013-12-31 | CN¥1.68 | CN¥29.35 | x |
| 2014-12-31 | CN¥1.97 | CN¥29.35 | x |
| 2015-12-31 | CN¥3.61 | CN¥29.35 | x |
| 2016-12-31 | CN¥4.50 | CN¥29.35 | x |
| 2017-12-31 | CN¥9.13 | CN¥29.35 | x |
| 2018-12-31 | CN¥7.49 | CN¥29.35 | x |
| 2019-12-31 | CN¥8.69 | CN¥29.35 | x |
| 2020-12-31 | CN¥8.52 | CN¥29.35 | x |
| 2021-12-31 | CN¥11.28 | CN¥29.35 | x |
| 2022-12-31 | CN¥13.58 | CN¥29.35 | x |
| 2023-12-31 | CN¥14.15 | CN¥29.35 | x |
| 2024-12-31 | CN¥14.63 | CN¥29.35 | x |
| 2025-12-31 | CN¥16.05 | CN¥29.35 | 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): 8.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.29%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 4.37x
- Recent ROE (8.18%) is below the historical average (9.95%), 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 |
| 2025 | 8.18% | 5.29% | 0.35x | 4.37x | CN¥-529.12 Million |
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: $1,176,440,722
- Average return on equity (ROE) among peers: 11.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gotion High tech Co Ltd (002074) | CN¥37.40 Billion | 22.37% | 2.57x | $7.79 Billion |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $1.50 Billion | 9.20% | 1.19x | $1.12 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $1.10 Billion | 12.20% | 0.26x | $870.83 Million |
| Dongfang Electronics Co Ltd (000682) | $1.11 Billion | 27.28% | 0.16x | $2.44 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $194.12 Million | 25.93% | 1.72x | $781.45 Million |
| Huagong Tech Co Ltd (000988) | $752.45 Million | 5.52% | 0.71x | $23.69 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $1.49 Billion |
| Sieyuan Electric Co Ltd (002028) | $2.82 Billion | 5.45% | 0.34x | $20.38 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $473.35 Million |
About Gotion High tech Co Ltd
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