Suzhou Good-Ark Electronics Co Ltd (002079) - Net Assets
Based on the latest financial reports, Suzhou Good-Ark Electronics Co Ltd (002079) has net assets worth CN¥3.10 Billion CNY (≈ $453.71 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¥3.86 Billion ≈ $565.21 Million USD) and total liabilities (CN¥761.95 Million ≈ $111.50 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 Suzhou Good-Ark Electronics Co Ltd (002079) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.10 Billion |
| % of Total Assets | 80.27% |
| Annual Growth Rate | 15.4% |
| 5-Year Change | 59.4% |
| 10-Year Change | 135.85% |
| Growth Volatility | 33.18 |
Suzhou Good-Ark Electronics Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Suzhou Good-Ark Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Suzhou Good-Ark Electronics Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Suzhou Good-Ark Electronics Co Ltd (2003–2024)
The table below shows the annual net assets of Suzhou Good-Ark Electronics Co Ltd from 2003 to 2024. For live valuation and market cap data, see Suzhou Good-Ark Electronics Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.05 Billion ≈ $446.06 Million |
+3.92% |
| 2023-12-31 | CN¥2.93 Billion ≈ $429.23 Million |
+6.51% |
| 2022-12-31 | CN¥2.75 Billion ≈ $403.00 Million |
+14.14% |
| 2021-12-31 | CN¥2.41 Billion ≈ $353.07 Million |
+26.17% |
| 2020-12-31 | CN¥1.91 Billion ≈ $279.83 Million |
+1.15% |
| 2019-12-31 | CN¥1.89 Billion ≈ $276.65 Million |
+8.17% |
| 2018-12-31 | CN¥1.75 Billion ≈ $255.76 Million |
+7.47% |
| 2017-12-31 | CN¥1.63 Billion ≈ $237.99 Million |
+7.54% |
| 2016-12-31 | CN¥1.51 Billion ≈ $221.30 Million |
+17.01% |
| 2015-12-31 | CN¥1.29 Billion ≈ $189.13 Million |
+0.29% |
| 2014-12-31 | CN¥1.29 Billion ≈ $188.59 Million |
+1.71% |
| 2013-12-31 | CN¥1.27 Billion ≈ $185.42 Million |
+3.35% |
| 2012-12-31 | CN¥1.23 Billion ≈ $179.42 Million |
+0.93% |
| 2011-12-31 | CN¥1.21 Billion ≈ $177.77 Million |
+113.19% |
| 2010-12-31 | CN¥569.85 Million ≈ $83.39 Million |
+13.59% |
| 2009-12-31 | CN¥501.66 Million ≈ $73.41 Million |
+6.57% |
| 2008-12-31 | CN¥470.74 Million ≈ $68.88 Million |
+2.83% |
| 2007-12-31 | CN¥457.77 Million ≈ $66.99 Million |
+2.84% |
| 2006-12-31 | CN¥445.12 Million ≈ $65.14 Million |
+124.40% |
| 2005-12-31 | CN¥198.37 Million ≈ $29.03 Million |
+12.51% |
| 2004-12-31 | CN¥176.32 Million ≈ $25.80 Million |
+17.08% |
| 2003-12-31 | CN¥150.59 Million ≈ $22.04 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Good-Ark Electronics 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 3261.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.27 Billion | 42.06% |
| Common Stock | CN¥810.02 Million | 26.77% |
| Other Comprehensive Income | CN¥379.86 Million | 12.55% |
| Other Components | CN¥563.42 Million | 18.62% |
| Total Equity | CN¥3.03 Billion | 100.00% |
Suzhou Good-Ark Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Good-Ark Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WAM Capital Ltd
AU:WAM
|
$1.39 Billion |
|
Jiangsu Longda Superalloy Co. Ltd. A
SHG:688231
|
$1.39 Billion |
|
Premier Investments Ltd
AU:PMV
|
$1.39 Billion |
|
CT Real Estate Investment Trust
TO:CRT-UN
|
$1.39 Billion |
|
EVT Ltd
AU:EVT
|
$1.39 Billion |
|
Zhejiang Southeast Space Frame Co Ltd
SHE:002135
|
$1.39 Billion |
|
MayAir Technology (China) Co. Ltd. A
SHG:688376
|
$1.39 Billion |
|
Palfinger AG
VI:PAL
|
$1.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Good-Ark Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,908,082,300 to 3,026,106,811, a change of 118,024,511 (4.1%).
- Net income of 73,690,963 contributed positively to equity growth.
- Dividend payments of 42,966,346 reduced retained earnings.
- Other comprehensive income increased equity by 26,357,845.
- Other factors increased equity by 60,942,049.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.69 Million | +2.44% |
| Dividends Paid | CN¥42.97 Million | -1.42% |
| Other Comprehensive Income | CN¥26.36 Million | +0.87% |
| Other Changes | CN¥60.94 Million | +2.01% |
| Total Change | CN¥- | 4.06% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Good-Ark Electronics 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: 3.12x
- 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 35.75x to 3.12x 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¥0.33 | CN¥11.70 | x |
| 2004-12-31 | CN¥0.38 | CN¥11.70 | x |
| 2005-12-31 | CN¥0.43 | CN¥11.70 | x |
| 2006-12-31 | CN¥0.93 | CN¥11.70 | x |
| 2007-12-31 | CN¥0.71 | CN¥11.70 | x |
| 2008-12-31 | CN¥0.73 | CN¥11.70 | x |
| 2009-12-31 | CN¥0.78 | CN¥11.70 | x |
| 2010-12-31 | CN¥0.88 | CN¥11.70 | x |
| 2011-12-31 | CN¥1.65 | CN¥11.70 | x |
| 2012-12-31 | CN¥1.65 | CN¥11.70 | x |
| 2013-12-31 | CN¥1.71 | CN¥11.70 | x |
| 2014-12-31 | CN¥1.73 | CN¥11.70 | x |
| 2015-12-31 | CN¥1.74 | CN¥11.70 | x |
| 2016-12-31 | CN¥2.01 | CN¥11.70 | x |
| 2017-12-31 | CN¥2.10 | CN¥11.70 | x |
| 2018-12-31 | CN¥2.22 | CN¥11.70 | x |
| 2019-12-31 | CN¥2.37 | CN¥11.70 | x |
| 2020-12-31 | CN¥2.61 | CN¥11.70 | x |
| 2021-12-31 | CN¥3.02 | CN¥11.70 | x |
| 2022-12-31 | CN¥3.39 | CN¥11.70 | x |
| 2023-12-31 | CN¥3.61 | CN¥11.70 | x |
| 2024-12-31 | CN¥3.75 | CN¥11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Good-Ark Electronics 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): 2.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.31%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.38x
- Recent ROE (2.44%) is below the historical average (8.00%), 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 | 29.58% | 13.55% | 1.25x | 1.75x | CN¥29.48 Million |
| 2004 | 17.43% | 8.20% | 1.44x | 1.48x | CN¥13.09 Million |
| 2005 | 15.64% | 8.22% | 1.29x | 1.48x | CN¥11.19 Million |
| 2006 | 7.11% | 7.25% | 0.82x | 1.19x | CN¥-12.83 Million |
| 2007 | 5.85% | 5.65% | 0.78x | 1.33x | CN¥-19.00 Million |
| 2008 | 3.57% | 3.20% | 0.91x | 1.22x | CN¥-30.28 Million |
| 2009 | 7.47% | 6.75% | 0.79x | 1.41x | CN¥-12.70 Million |
| 2010 | 12.09% | 8.41% | 0.96x | 1.50x | CN¥11.89 Million |
| 2011 | 5.77% | 8.26% | 0.55x | 1.27x | CN¥-50.52 Million |
| 2012 | 1.69% | 2.51% | 0.55x | 1.23x | CN¥-99.73 Million |
| 2013 | 3.40% | 5.16% | 0.56x | 1.17x | CN¥-82.10 Million |
| 2014 | 3.34% | 4.61% | 0.62x | 1.17x | CN¥-84.66 Million |
| 2015 | 1.78% | 2.81% | 0.55x | 1.16x | CN¥-105.12 Million |
| 2016 | 7.74% | 9.55% | 0.68x | 1.20x | CN¥-33.06 Million |
| 2017 | 6.83% | 5.65% | 0.94x | 1.29x | CN¥-48.53 Million |
| 2018 | 5.86% | 5.02% | 0.92x | 1.27x | CN¥-66.81 Million |
| 2019 | 5.60% | 4.87% | 0.88x | 1.30x | CN¥-75.80 Million |
| 2020 | 4.75% | 5.01% | 0.76x | 1.25x | CN¥-100.04 Million |
| 2021 | 9.10% | 8.79% | 0.82x | 1.27x | CN¥-21.51 Million |
| 2022 | 13.58% | 11.35% | 0.96x | 1.25x | CN¥97.89 Million |
| 2023 | 5.27% | 3.75% | 1.04x | 1.35x | CN¥-137.52 Million |
| 2024 | 2.44% | 1.31% | 1.35x | 1.38x | CN¥-228.92 Million |
Industry Comparison
This section compares Suzhou Good-Ark Electronics Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $2,272,721,600
- Average return on equity (ROE) among peers: 5.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Good-Ark Electronics Co Ltd (002079) | CN¥3.10 Billion | 29.58% | 0.25x | $1.39 Billion |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $9.61 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $245.66 Million | 4.18% | 0.78x | $1.06 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 Billion |
About Suzhou Good-Ark Electronics Co Ltd
Suzhou Good-Ark Electronics Co., Ltd. engages in the design, manufacturing, packaging, and sale of semiconductor discrete device diode in China and internationally. It offers automotive rectifier diodes, power modules, rectifier diode chips, silicon rectifier diodes, switching diodes, voltage regulator diodes, miniature bridge stack, military fuses, and photovoltaic bypass modules for use in aero… Read more