Castech Inc (002222) - Net Assets

Latest as of March 2026: CN¥2.00 Billion CNY ≈ $292.51 Million USD

Based on the latest financial reports, Castech Inc (002222) has net assets worth CN¥2.00 Billion CNY (≈ $292.51 Million 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¥2.73 Billion ≈ $398.84 Million USD) and total liabilities (CN¥726.63 Million ≈ $106.33 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 Castech Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.00 Billion
% of Total Assets	73.34%
Annual Growth Rate	13.31%
5-Year Change	52.9%
10-Year Change	180.57%
Growth Volatility	32.58

Castech Inc - Net Assets Trend (2004–2025)

This chart illustrates how Castech Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Castech Inc to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Castech Inc (2004–2025)

The table below shows the annual net assets of Castech Inc from 2004 to 2025. For live valuation and market cap data, see 002222 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥1.92 Billion ≈ $281.37 Million	+12.64%
2024-12-31	CN¥1.71 Billion ≈ $249.81 Million	+8.17%
2023-12-31	CN¥1.58 Billion ≈ $230.93 Million	+10.58%
2022-12-31	CN¥1.43 Billion ≈ $208.83 Million	+13.48%
2021-12-31	CN¥1.26 Billion ≈ $184.02 Million	+13.90%
2020-12-31	CN¥1.10 Billion ≈ $161.57 Million	+10.41%
2019-12-31	CN¥1.00 Billion ≈ $146.34 Million	+11.63%
2018-12-31	CN¥895.90 Million ≈ $131.10 Million	+13.56%
2017-12-31	CN¥788.89 Million ≈ $115.44 Million	+15.11%
2016-12-31	CN¥685.35 Million ≈ $100.29 Million	+9.15%
2015-12-31	CN¥627.88 Million ≈ $91.88 Million	+5.59%
2014-12-31	CN¥594.61 Million ≈ $87.01 Million	-6.70%
2013-12-31	CN¥637.32 Million ≈ $93.26 Million	+1.46%
2012-12-31	CN¥628.12 Million ≈ $91.91 Million	+1.06%
2011-12-31	CN¥621.53 Million ≈ $90.95 Million	+4.49%
2010-12-31	CN¥594.80 Million ≈ $87.04 Million	+4.86%
2009-12-31	CN¥567.26 Million ≈ $83.01 Million	-0.99%
2008-12-31	CN¥572.92 Million ≈ $83.84 Million	+156.56%
2007-12-31	CN¥223.31 Million ≈ $32.68 Million	+4.18%
2006-12-31	CN¥214.35 Million ≈ $31.37 Million	+39.38%
2005-12-31	CN¥153.78 Million ≈ $22.50 Million	+10.20%
2004-12-31	CN¥139.54 Million ≈ $20.42 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Castech Inc'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 62794.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.03 Billion	58.37%
Other Components	CN¥733.73 Million	41.63%
Total Equity	CN¥1.76 Billion	100.00%

Castech Inc Competitors by Market Cap

The table below lists competitors of Castech Inc ranked by their market capitalization.

Company	Market Cap
ASX Ltd AU:ASX	$7.19 Billion
Sensata Technologies Holding NV NYSE:ST	$7.19 Billion
JUSUNG ENGINEERING Co. Ltd KQ:036930	$7.19 Billion
Zabka Group S.A. WAR:ZAB	$7.19 Billion
Korean Air Lines Co KO:003490	$7.19 Billion
Metallurgical Corporation of China Ltd SHG:601618	$7.18 Billion
Huadian Power International Corp Ltd Class A SHG:600027	$7.18 Billion
Flughafen Zurich SW:FHZN	$7.18 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Castech Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,576,941,206 to 1,762,624,810, a change of 185,683,604 (11.8%).
Net income of 262,278,200 contributed positively to equity growth.
Dividend payments of 95,141,604 reduced retained earnings.
Other comprehensive income decreased equity by 197,431,022.
Other factors increased equity by 215,978,030.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥262.28 Million	+14.88%
Dividends Paid	CN¥95.14 Million	-5.4%
Other Comprehensive Income	CN¥-197.43 Million	-11.2%
Other Changes	CN¥215.98 Million	+12.25%
Total Change	CN¥-	11.77%

Book Value vs Market Value Analysis

This analysis compares Castech Inc'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: 27.87x
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 345.61x to 27.87x 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¥0.30	CN¥104.47	x
2005-12-31	CN¥0.34	CN¥104.47	x
2006-12-31	CN¥0.65	CN¥104.47	x
2007-12-31	CN¥0.68	CN¥104.47	x
2008-12-31	CN¥1.43	CN¥104.47	x
2009-12-31	CN¥1.34	CN¥104.47	x
2010-12-31	CN¥1.35	CN¥104.47	x
2011-12-31	CN¥1.40	CN¥104.47	x
2012-12-31	CN¥1.45	CN¥104.47	x
2013-12-31	CN¥1.34	CN¥104.47	x
2014-12-31	CN¥1.15	CN¥104.47	x
2015-12-31	CN¥1.32	CN¥104.47	x
2016-12-31	CN¥1.44	CN¥104.47	x
2017-12-31	CN¥1.64	CN¥104.47	x
2018-12-31	CN¥1.87	CN¥104.47	x
2019-12-31	CN¥2.06	CN¥104.47	x
2020-12-31	CN¥2.27	CN¥104.47	x
2021-12-31	CN¥2.59	CN¥104.47	x
2022-12-31	CN¥2.94	CN¥104.47	x
2023-12-31	CN¥3.08	CN¥104.47	x
2024-12-31	CN¥3.35	CN¥104.47	x
2025-12-31	CN¥3.75	CN¥104.47	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Castech Inc 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): 14.88%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.68%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.39x
Recent ROE (14.88%) is above the historical average (14.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	28.02%	34.15%	0.49x	1.68x	CN¥23.32 Million
2005	26.72%	32.56%	0.51x	1.61x	CN¥24.65 Million
2006	28.87%	44.21%	0.50x	1.30x	CN¥39.10 Million
2007	28.01%	37.60%	0.47x	1.57x	CN¥38.98 Million
2008	9.02%	36.76%	0.22x	1.10x	CN¥-5.54 Million
2009	7.31%	35.27%	0.19x	1.11x	CN¥-15.02 Million
2010	10.34%	32.55%	0.28x	1.13x	CN¥2.01 Million
2011	10.49%	33.80%	0.28x	1.13x	CN¥2.97 Million
2012	6.59%	22.30%	0.27x	1.11x	CN¥-21.09 Million
2013	6.24%	22.04%	0.25x	1.15x	CN¥-23.63 Million
2014	-2.63%	-7.60%	0.31x	1.13x	CN¥-73.84 Million
2015	5.73%	16.89%	0.30x	1.12x	CN¥-26.49 Million
2016	10.39%	22.82%	0.40x	1.13x	CN¥2.66 Million
2017	17.73%	30.10%	0.51x	1.16x	CN¥59.55 Million
2018	17.14%	30.61%	0.49x	1.13x	CN¥62.66 Million
2019	13.88%	26.84%	0.46x	1.12x	CN¥37.60 Million
2020	13.43%	26.29%	0.46x	1.12x	CN¥36.71 Million
2021	15.69%	27.79%	0.50x	1.13x	CN¥69.40 Million
2022	16.38%	29.46%	0.48x	1.15x	CN¥88.19 Million
2023	14.45%	26.75%	0.44x	1.22x	CN¥64.40 Million
2024	13.87%	24.98%	0.44x	1.27x	CN¥61.10 Million
2025	14.88%	22.68%	0.47x	1.39x	CN¥86.02 Million

Industry Comparison

This section compares Castech Inc's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $10,431,520,778
Average return on equity (ROE) among peers: 3.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Castech Inc (002222)	CN¥2.00 Billion	28.02%	0.36x	$7.19 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$412.50 Million	-16.79%	0.29x	$314.68 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$464.21 Million	30.94%	3.01x	$1.37 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$195.81 Million	-19.00%	2.02x	$505.27 Million
CPT Technology Group Co Ltd (000536)	$3.17 Billion	11.02%	0.49x	$1.56 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$4.57 Billion	3.04%	0.46x	$12.54 Billion
Xiamen Xindeco Ltd (000701)	$3.04 Billion	0.36%	4.90x	$477.65 Million
BOE Technology Group Co Ltd (000725)	$76.96 Billion	3.33%	0.77x	$35.69 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$3.57 Billion	3.61%	0.48x	$4.71 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$7.81 Billion	3.52%	0.44x	$2.54 Billion
Guizhou Space Appliance Co Ltd (002025)	$4.12 Billion	10.53%	0.57x	$4.23 Billion

About Castech Inc

SHE:002222 China Electronic Components

Market Cap

$7.19 Billion

CN¥49.13 Billion CNY

Market Cap Rank

#2868 Global

#381 in China

Share Price

CN¥104.47

Change (1 day)

+4.37%

52-Week Range

CN¥31.88 - CN¥116.32

All Time High

CN¥116.32