Zhejiang East Crystal Electronic Co Ltd (002199) - Net Assets
Based on the latest financial reports, Zhejiang East Crystal Electronic Co Ltd (002199) has net assets worth CN¥190.70 Million CNY (≈ $27.91 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¥448.67 Million ≈ $65.66 Million USD) and total liabilities (CN¥257.97 Million ≈ $37.75 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 002199 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥190.70 Million |
| % of Total Assets | 42.5% |
| Annual Growth Rate | 7.44% |
| 5-Year Change | -43.18% |
| 10-Year Change | -50.7% |
| Growth Volatility | 38.84 |
Zhejiang East Crystal Electronic Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Zhejiang East Crystal Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Zhejiang East Crystal Electronic Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang East Crystal Electronic Co Ltd (2004–2024)
The table below shows the annual net assets of Zhejiang East Crystal Electronic Co Ltd from 2004 to 2024. For live valuation and market cap data, see Zhejiang East Crystal Electronic Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥229.84 Million ≈ $33.63 Million |
-23.82% |
| 2023-12-31 | CN¥301.70 Million ≈ $44.15 Million |
-17.80% |
| 2022-12-31 | CN¥367.03 Million ≈ $53.71 Million |
-15.89% |
| 2021-12-31 | CN¥436.34 Million ≈ $63.85 Million |
+7.87% |
| 2020-12-31 | CN¥404.52 Million ≈ $59.19 Million |
+2.01% |
| 2019-12-31 | CN¥396.55 Million ≈ $58.03 Million |
+3.88% |
| 2018-12-31 | CN¥381.75 Million ≈ $55.86 Million |
-17.08% |
| 2017-12-31 | CN¥460.38 Million ≈ $67.37 Million |
+0.32% |
| 2016-12-31 | CN¥458.89 Million ≈ $67.15 Million |
-1.57% |
| 2015-12-31 | CN¥466.20 Million ≈ $68.22 Million |
-38.42% |
| 2014-12-31 | CN¥757.01 Million ≈ $110.78 Million |
+20.59% |
| 2013-12-31 | CN¥627.73 Million ≈ $91.86 Million |
+13.76% |
| 2012-12-31 | CN¥551.80 Million ≈ $80.75 Million |
+0.70% |
| 2011-12-31 | CN¥547.99 Million ≈ $80.19 Million |
+103.23% |
| 2010-12-31 | CN¥269.64 Million ≈ $39.46 Million |
+7.58% |
| 2009-12-31 | CN¥250.64 Million ≈ $36.68 Million |
+5.64% |
| 2008-12-31 | CN¥237.27 Million ≈ $34.72 Million |
+5.98% |
| 2007-12-31 | CN¥223.88 Million ≈ $32.76 Million |
+128.99% |
| 2006-12-31 | CN¥97.77 Million ≈ $14.31 Million |
+27.57% |
| 2005-12-31 | CN¥76.64 Million ≈ $11.21 Million |
+39.98% |
| 2004-12-31 | CN¥54.75 Million ≈ $8.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang East Crystal Electronic 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 9499.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥243.44 Million | 105.92% |
| Other Comprehensive Income | CN¥29.68 Million | 12.92% |
| Other Components | CN¥508.24 Million | 221.13% |
| Total Equity | CN¥229.84 Million | 100.00% |
Zhejiang East Crystal Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang East Crystal Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fanli Digital Technology Co Ltd
SHG:600228
|
$376.20 Million |
|
Hes Technology Group
SHE:002963
|
$376.24 Million |
|
Wanxiang Doneed Co Ltd
SHG:600371
|
$376.33 Million |
|
Synopex Inc
KQ:025320
|
$376.38 Million |
|
Fujian Jinsen Forestry Co Ltd
SHE:002679
|
$376.03 Million |
|
DAKOTA GOLD CORP. DL-001
F:RR6
|
$376.03 Million |
|
Gospell Digital Technology Co Ltd
SHE:002848
|
$375.94 Million |
|
Candel Therapeutics Inc
NASDAQ:CADL
|
$375.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang East Crystal Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 301,702,011 to 229,840,222, a change of -71,861,789 (-23.8%).
- Net loss of 73,453,408 reduced equity.
- Dividend payments of 4,280,217 reduced retained earnings.
- Other comprehensive income increased equity by 1,591,620.
- Other factors increased equity by 4,280,216.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-73.45 Million | -31.96% |
| Dividends Paid | CN¥4.28 Million | -1.86% |
| Other Comprehensive Income | CN¥1.59 Million | +0.69% |
| Other Changes | CN¥4.28 Million | +1.86% |
| Total Change | CN¥- | -23.82% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang East Crystal Electronic 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: 11.18x
- 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 22.66x to 11.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.47 | CN¥10.56 | x |
| 2005-12-31 | CN¥0.66 | CN¥10.56 | x |
| 2006-12-31 | CN¥0.83 | CN¥10.56 | x |
| 2007-12-31 | CN¥1.93 | CN¥10.56 | x |
| 2008-12-31 | CN¥1.53 | CN¥10.56 | x |
| 2009-12-31 | CN¥2.06 | CN¥10.56 | x |
| 2010-12-31 | CN¥1.71 | CN¥10.56 | x |
| 2011-12-31 | CN¥2.93 | CN¥10.56 | x |
| 2012-12-31 | CN¥2.87 | CN¥10.56 | x |
| 2013-12-31 | CN¥3.08 | CN¥10.56 | x |
| 2014-12-31 | CN¥3.48 | CN¥10.56 | x |
| 2015-12-31 | CN¥1.82 | CN¥10.56 | x |
| 2016-12-31 | CN¥1.98 | CN¥10.56 | x |
| 2017-12-31 | CN¥1.89 | CN¥10.56 | x |
| 2018-12-31 | CN¥1.55 | CN¥10.56 | x |
| 2019-12-31 | CN¥1.63 | CN¥10.56 | x |
| 2020-12-31 | CN¥1.66 | CN¥10.56 | x |
| 2021-12-31 | CN¥1.79 | CN¥10.56 | x |
| 2022-12-31 | CN¥1.50 | CN¥10.56 | x |
| 2023-12-31 | CN¥1.22 | CN¥10.56 | x |
| 2024-12-31 | CN¥0.94 | CN¥10.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang East Crystal Electronic 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): -31.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.82%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.13x
- Recent ROE (-31.96%) is below the historical average (-2.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 21.16% | 10.65% | 0.66x | 3.03x | CN¥6.11 Million |
| 2005 | 22.75% | 14.22% | 0.55x | 2.91x | CN¥9.77 Million |
| 2006 | 23.25% | 14.35% | 0.64x | 2.55x | CN¥12.95 Million |
| 2007 | 10.60% | 12.34% | 0.50x | 1.71x | CN¥1.35 Million |
| 2008 | 9.04% | 11.10% | 0.48x | 1.69x | CN¥-2.27 Million |
| 2009 | 9.04% | 9.14% | 0.54x | 1.85x | CN¥-2.40 Million |
| 2010 | 10.93% | 9.63% | 0.58x | 1.96x | CN¥2.51 Million |
| 2011 | 1.03% | 2.23% | 0.25x | 1.85x | CN¥-49.18 Million |
| 2012 | 2.09% | 4.00% | 0.24x | 2.14x | CN¥-43.24 Million |
| 2013 | 5.51% | 13.05% | 0.17x | 2.51x | CN¥-25.97 Million |
| 2014 | -21.28% | -49.33% | 0.18x | 2.39x | CN¥-224.40 Million |
| 2015 | -62.05% | -81.32% | 0.24x | 3.13x | CN¥-318.96 Million |
| 2016 | 3.53% | 6.30% | 0.39x | 1.44x | CN¥-29.69 Million |
| 2017 | 0.32% | 0.64% | 0.40x | 1.27x | CN¥-44.55 Million |
| 2018 | -20.60% | -44.35% | 0.37x | 1.25x | CN¥-116.80 Million |
| 2019 | 3.73% | 7.03% | 0.44x | 1.21x | CN¥-24.86 Million |
| 2020 | 1.97% | 3.04% | 0.50x | 1.30x | CN¥-32.48 Million |
| 2021 | 7.10% | 10.16% | 0.45x | 1.54x | CN¥-12.61 Million |
| 2022 | -32.06% | -64.96% | 0.33x | 1.51x | CN¥-154.10 Million |
| 2023 | -22.07% | -38.44% | 0.33x | 1.71x | CN¥-96.77 Million |
| 2024 | -31.96% | -33.82% | 0.44x | 2.13x | CN¥-96.44 Million |
Industry Comparison
This section compares Zhejiang East Crystal Electronic Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,203,250,760
- Average return on equity (ROE) among peers: 12.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang East Crystal Electronic Co Ltd (002199) | CN¥190.70 Million | 21.16% | 1.35x | $376.18 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $319.70 Million | 1.71% | 0.98x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $652.37 Million | 31.58% | 4.17x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $957.44 Million | 0.63% | 2.95x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.02 Billion | 5.03% | 1.97x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.08 Billion | 2.04% | 0.58x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $524.39 Million | 2.71% | 1.74x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $424.12 Million | 23.18% | 0.66x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $864.90 Million | 10.14% | 0.49x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $2.64 Billion | 29.06% | 0.88x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $548.52 Million | 21.04% | 0.16x | $4.88 Billion |
About Zhejiang East Crystal Electronic Co Ltd
Zhejiang East Crystal Electronic Co.,Ltd. engages in the research and development, production, and sale of frequency control components in China and internationally. The company offers quartz crystal resonators, oscillators, and other crystal products. Its products are used in the communications, information, automotive electronics, mobile Internet, industrial control, home appliances, intelligen… Read more