Accelink Technologies Co Ltd

SHE:002281 China Communication Equipment
Market Cap
$8.72 Billion
CN¥63.95 Billion CNY
Market Cap Rank
#2632 Global
#175 in China
Share Price
CN¥79.28
Change (1 day)
-5.05%
52-Week Range
CN¥39.73 - CN¥98.82
All Time High
CN¥98.82
About

Accelink Technologies Co,Ltd. researches, develops, manufactures, sells, and technical services for optoelectronic chips, devices, modules, and subsystem products primarily in China. The company offers transmission products, including transmission optical transceiver modules, optical fiber amplifiers, optical passive devices, smart optical devices, etc.; and fixed network access and wireless acce… Read more

Accelink Technologies Co Ltd (002281) - Net Assets

Latest net assets as of September 2025: CN¥9.83 Billion CNY

Based on the latest financial reports, Accelink Technologies Co Ltd (002281) has net assets worth CN¥9.83 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.37 Billion) and total liabilities (CN¥6.54 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥9.83 Billion
% of Total Assets 60.06%
Annual Growth Rate 24.54%
5-Year Change 82.73%
10-Year Change 245.02%
Growth Volatility 58.18

Accelink Technologies Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Accelink Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Accelink Technologies Co Ltd (2006–2024)

The table below shows the annual net assets of Accelink Technologies Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.16 Billion +8.59%
2023-12-31 CN¥8.43 Billion +37.99%
2022-12-31 CN¥6.11 Billion +10.53%
2021-12-31 CN¥5.53 Billion +10.33%
2020-12-31 CN¥5.01 Billion +10.56%
2019-12-31 CN¥4.53 Billion +31.49%
2018-12-31 CN¥3.45 Billion +8.75%
2017-12-31 CN¥3.17 Billion +8.79%
2016-12-31 CN¥2.91 Billion +9.79%
2015-12-31 CN¥2.65 Billion +11.67%
2014-12-31 CN¥2.38 Billion +42.16%
2013-12-31 CN¥1.67 Billion +12.66%
2012-12-31 CN¥1.48 Billion +33.14%
2011-12-31 CN¥1.11 Billion +7.01%
2010-12-31 CN¥1.04 Billion +9.09%
2009-12-31 CN¥954.79 Million +266.81%
2008-12-31 CN¥260.30 Million +21.47%
2007-12-31 CN¥214.28 Million +21.56%
2006-12-31 CN¥176.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to Accelink Technologies 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 7869.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.67 Billion 40.30%
Common Stock CN¥793.59 Million 8.71%
Other Components CN¥4.65 Billion 50.99%
Total Equity CN¥9.11 Billion 100.00%

Accelink Technologies Co Ltd Competitors by Market Cap

The table below lists competitors of Accelink Technologies Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,440,431,224 to 9,109,720,996, a change of 669,289,772 (7.9%).
  • Net income of 661,315,437 contributed positively to equity growth.
  • Dividend payments of 192,612,320 reduced retained earnings.
  • Share repurchases of 5,210,481 reduced equity.
  • Other factors increased equity by 205,797,136.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥661.32 Million +7.26%
Dividends Paid CN¥192.61 Million -2.11%
Share Repurchases CN¥5.21 Million -0.06%
Other Changes CN¥205.80 Million +2.26%
Total Change CN¥- 7.93%

Book Value vs Market Value Analysis

This analysis compares Accelink Technologies 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: 6.85x
  • 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 162.44x to 6.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.49 CN¥79.28 x
2007-12-31 CN¥0.60 CN¥79.28 x
2008-12-31 CN¥0.72 CN¥79.28 x
2009-12-31 CN¥2.38 CN¥79.28 x
2010-12-31 CN¥2.16 CN¥79.28 x
2011-12-31 CN¥2.03 CN¥79.28 x
2012-12-31 CN¥2.69 CN¥79.28 x
2013-12-31 CN¥3.03 CN¥79.28 x
2014-12-31 CN¥4.18 CN¥79.28 x
2015-12-31 CN¥4.22 CN¥79.28 x
2016-12-31 CN¥4.47 CN¥79.28 x
2017-12-31 CN¥4.91 CN¥79.28 x
2018-12-31 CN¥5.41 CN¥79.28 x
2019-12-31 CN¥6.81 CN¥79.28 x
2020-12-31 CN¥7.52 CN¥79.28 x
2021-12-31 CN¥8.30 CN¥79.28 x
2022-12-31 CN¥8.75 CN¥79.28 x
2023-12-31 CN¥10.77 CN¥79.28 x
2024-12-31 CN¥11.57 CN¥79.28 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Accelink Technologies 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): 7.26%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.99%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 1.62x
  • Recent ROE (7.26%) is below the historical average (12.36%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 21.86% 9.35% 1.02x 2.30x CN¥20.90 Million
2007 31.73% 13.94% 1.15x 1.98x CN¥46.57 Million
2008 29.20% 11.63% 1.19x 2.11x CN¥49.98 Million
2009 10.91% 14.26% 0.56x 1.36x CN¥8.72 Million
2010 12.18% 13.87% 0.63x 1.39x CN¥22.66 Million
2011 10.02% 10.09% 0.68x 1.45x CN¥223.08K
2012 10.80% 7.62% 0.84x 1.70x CN¥11.83 Million
2013 9.78% 7.67% 0.81x 1.58x CN¥-3.67 Million
2014 6.06% 5.92% 0.68x 1.51x CN¥-93.54 Million
2015 9.17% 7.78% 0.74x 1.59x CN¥-22.11 Million
2016 10.06% 7.02% 0.84x 1.70x CN¥1.62 Million
2017 10.81% 7.34% 0.88x 1.67x CN¥24.91 Million
2018 9.80% 6.75% 0.81x 1.79x CN¥-6.67 Million
2019 7.93% 6.70% 0.74x 1.60x CN¥-93.28 Million
2020 9.71% 8.06% 0.71x 1.70x CN¥-14.77 Million
2021 10.24% 8.75% 0.68x 1.71x CN¥13.11 Million
2022 9.94% 8.80% 0.70x 1.62x CN¥-3.44 Million
2023 7.33% 10.21% 0.50x 1.43x CN¥-224.97 Million
2024 7.26% 7.99% 0.56x 1.62x CN¥-249.66 Million

Industry Comparison

This section compares Accelink Technologies Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $1,522,000,668
  • Average return on equity (ROE) among peers: -3.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Accelink Technologies Co Ltd (002281) CN¥9.83 Billion 21.86% 0.66x $5.37 Billion
Addsino Co Ltd (000547) $1.77 Billion 1.02% 0.25x $3.67 Billion
Sichuan Huiyuan Optical Com (000586) $329.93 Million -2.83% 0.71x $241.69 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $4.59 Billion 5.22% 1.90x $346.82 Million
Sichuan Jiuzhou Electronic Co Ltd (000801) $1.55 Billion 12.92% 0.93x $1.06 Billion
Skyworth Digital Co Ltd (000810) $140.56 Million 7.13% 1.37x $683.09 Million
Gohigh Data Networks Technology Co Ltd (000851) $336.07 Million -18.04% 0.44x $51.64 Million
Shenzhen Coship Electronics Co Ltd (002052) $231.11 Million -66.53% 2.00x $840.89 Million
Sunwave Communications Co Ltd (002115) $2.18 Billion -12.45% 0.73x $1.17 Billion
Invengo Information Technology Co Ltd (002161) $2.00 Billion 37.19% 0.32x $638.43 Million
Bus Online Co Ltd (002188) $2.09 Billion 4.47% 0.13x $193.28 Million