Integrated Electronic Systems Lab Co Ltd
Integrated Electronic Systems Lab Co., Ltd. manufactures and sells automation and information solutions in China and internationally. The company head end system, meter data management system, FTU/DTU, relay/protection IED, power supply, meters, smart water meters and devices, gas meters and devices, heat meters and devices, data concentrator unit, and EV chargers, as well as grid and utilities s… Read more
Integrated Electronic Systems Lab Co Ltd (002339) - Net Assets
Latest net assets as of September 2025: CN¥2.09 Billion CNY
Based on the latest financial reports, Integrated Electronic Systems Lab Co Ltd (002339) has net assets worth CN¥2.09 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¥4.20 Billion) and total liabilities (CN¥2.12 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¥2.09 Billion |
| % of Total Assets | 49.62% |
| Annual Growth Rate | 17.98% |
| 5-Year Change | 3.59% |
| 10-Year Change | 38.07% |
| Growth Volatility | 51.68 |
Integrated Electronic Systems Lab Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Integrated Electronic Systems Lab 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 Integrated Electronic Systems Lab Co Ltd (2006–2024)
The table below shows the annual net assets of Integrated Electronic Systems Lab Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion | +2.17% |
| 2023-12-31 | CN¥2.12 Billion | +2.90% |
| 2022-12-31 | CN¥2.06 Billion | +0.03% |
| 2021-12-31 | CN¥2.06 Billion | -1.50% |
| 2020-12-31 | CN¥2.10 Billion | +3.89% |
| 2019-12-31 | CN¥2.02 Billion | -0.44% |
| 2018-12-31 | CN¥2.03 Billion | +4.39% |
| 2017-12-31 | CN¥1.94 Billion | +17.49% |
| 2016-12-31 | CN¥1.65 Billion | +5.07% |
| 2015-12-31 | CN¥1.57 Billion | +11.07% |
| 2014-12-31 | CN¥1.42 Billion | +9.01% |
| 2013-12-31 | CN¥1.30 Billion | +33.17% |
| 2012-12-31 | CN¥974.98 Million | +11.20% |
| 2011-12-31 | CN¥876.77 Million | +8.14% |
| 2010-12-31 | CN¥810.76 Million | +229.51% |
| 2009-12-31 | CN¥246.05 Million | +17.80% |
| 2008-12-31 | CN¥208.87 Million | +21.69% |
| 2007-12-31 | CN¥171.64 Million | +55.04% |
| 2006-12-31 | CN¥110.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Integrated Electronic Systems Lab 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 2896.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥763.87 Million | 42.22% |
| Common Stock | CN¥504.09 Million | 27.86% |
| Other Components | CN¥541.20 Million | 29.91% |
| Total Equity | CN¥1.81 Billion | 100.00% |
Integrated Electronic Systems Lab Co Ltd Competitors by Market Cap
The table below lists competitors of Integrated Electronic Systems Lab Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ribo Fashion Group Co Ltd
SHG:603196
|
$567.40 Million |
|
Guangdong Super Telecom
SHG:603322
|
$567.43 Million |
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
$567.57 Million |
|
AMC Entertainment Holdings Inc
NYSE:AMC
|
$567.86 Million |
|
Mirgor S.A.
BA:MIRG
|
$566.71 Million |
|
Société BIC SA
PINK:BICEY
|
$566.61 Million |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
$565.78 Million |
|
Uroica Mining Safety Eng
SHE:300099
|
$565.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Integrated Electronic Systems Lab Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,786,829,000 to 1,809,162,000, a change of 22,333,000 (1.2%).
- Net income of 31,601,000 contributed positively to equity growth.
- Dividend payments of 35,543,000 reduced retained earnings.
- Other factors increased equity by 26,275,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥31.60 Million | +1.75% |
| Dividends Paid | CN¥35.54 Million | -1.96% |
| Other Changes | CN¥26.27 Million | +1.45% |
| Total Change | CN¥- | 1.25% |
Book Value vs Market Value Analysis
This analysis compares Integrated Electronic Systems Lab 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: 3.17x
- 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 27.76x to 3.17x 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¥0.41 | CN¥11.37 | x |
| 2007-12-31 | CN¥0.56 | CN¥11.37 | x |
| 2008-12-31 | CN¥0.61 | CN¥11.37 | x |
| 2009-12-31 | CN¥0.73 | CN¥11.37 | x |
| 2010-12-31 | CN¥1.83 | CN¥11.37 | x |
| 2011-12-31 | CN¥1.92 | CN¥11.37 | x |
| 2012-12-31 | CN¥2.11 | CN¥11.37 | x |
| 2013-12-31 | CN¥2.60 | CN¥11.37 | x |
| 2014-12-31 | CN¥2.73 | CN¥11.37 | x |
| 2015-12-31 | CN¥2.99 | CN¥11.37 | x |
| 2016-12-31 | CN¥3.13 | CN¥11.37 | x |
| 2017-12-31 | CN¥3.57 | CN¥11.37 | x |
| 2018-12-31 | CN¥3.44 | CN¥11.37 | x |
| 2019-12-31 | CN¥3.46 | CN¥11.37 | x |
| 2020-12-31 | CN¥3.74 | CN¥11.37 | x |
| 2021-12-31 | CN¥3.54 | CN¥11.37 | x |
| 2022-12-31 | CN¥3.78 | CN¥11.37 | x |
| 2023-12-31 | CN¥3.46 | CN¥11.37 | x |
| 2024-12-31 | CN¥3.59 | CN¥11.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Integrated Electronic Systems Lab 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): 1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.43x
- Recent ROE (1.75%) is below the historical average (7.71%), 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 | 20.66% | 12.96% | 0.65x | 2.47x | CN¥11.58 Million |
| 2007 | 17.30% | 11.87% | 0.73x | 2.00x | CN¥12.34 Million |
| 2008 | 17.84% | 13.39% | 0.70x | 1.90x | CN¥16.15 Million |
| 2009 | 18.22% | 14.57% | 0.71x | 1.76x | CN¥19.88 Million |
| 2010 | 6.84% | 13.84% | 0.41x | 1.19x | CN¥-25.18 Million |
| 2011 | 7.42% | 11.54% | 0.47x | 1.36x | CN¥-22.00 Million |
| 2012 | 10.96% | 12.32% | 0.60x | 1.47x | CN¥8.97 Million |
| 2013 | 9.17% | 12.89% | 0.54x | 1.32x | CN¥-10.38 Million |
| 2014 | 9.59% | 11.70% | 0.56x | 1.47x | CN¥-5.54 Million |
| 2015 | 9.78% | 11.21% | 0.55x | 1.59x | CN¥-3.26 Million |
| 2016 | 5.16% | 5.56% | 0.49x | 1.91x | CN¥-74.00 Million |
| 2017 | 4.09% | 4.42% | 0.45x | 2.06x | CN¥-103.18 Million |
| 2018 | 4.07% | 3.74% | 0.52x | 2.08x | CN¥-107.07 Million |
| 2019 | 2.89% | 2.81% | 0.51x | 2.01x | CN¥-127.02 Million |
| 2020 | 3.21% | 2.82% | 0.55x | 2.05x | CN¥-124.40 Million |
| 2021 | -2.54% | -2.22% | 0.54x | 2.12x | CN¥-223.70 Million |
| 2022 | -1.59% | -1.27% | 0.57x | 2.21x | CN¥-203.49 Million |
| 2023 | 1.73% | 1.30% | 0.57x | 2.36x | CN¥-147.74 Million |
| 2024 | 1.75% | 1.22% | 0.59x | 2.43x | CN¥-149.32 Million |
Industry Comparison
This section compares Integrated Electronic Systems Lab 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: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Integrated Electronic Systems Lab Co Ltd (002339) | CN¥2.09 Billion | 20.66% | 1.02x | $566.77 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |