Integrated Electronic Systems Lab Co Ltd (002339) - Net Assets
Based on the latest financial reports, Integrated Electronic Systems Lab Co Ltd (002339) has net assets worth CN¥2.09 Billion CNY (≈ $305.31 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¥4.20 Billion ≈ $615.30 Million USD) and total liabilities (CN¥2.12 Billion ≈ $309.99 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 how resilient are Integrated Electronic Systems Lab Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore 002339 asset base for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 002339 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion ≈ $317.63 Million |
+2.17% |
| 2023-12-31 | CN¥2.12 Billion ≈ $310.88 Million |
+2.90% |
| 2022-12-31 | CN¥2.06 Billion ≈ $302.12 Million |
+0.03% |
| 2021-12-31 | CN¥2.06 Billion ≈ $302.02 Million |
-1.50% |
| 2020-12-31 | CN¥2.10 Billion ≈ $306.62 Million |
+3.89% |
| 2019-12-31 | CN¥2.02 Billion ≈ $295.14 Million |
-0.44% |
| 2018-12-31 | CN¥2.03 Billion ≈ $296.45 Million |
+4.39% |
| 2017-12-31 | CN¥1.94 Billion ≈ $283.98 Million |
+17.49% |
| 2016-12-31 | CN¥1.65 Billion ≈ $241.70 Million |
+5.07% |
| 2015-12-31 | CN¥1.57 Billion ≈ $230.05 Million |
+11.07% |
| 2014-12-31 | CN¥1.42 Billion ≈ $207.12 Million |
+9.01% |
| 2013-12-31 | CN¥1.30 Billion ≈ $190.00 Million |
+33.17% |
| 2012-12-31 | CN¥974.98 Million ≈ $142.67 Million |
+11.20% |
| 2011-12-31 | CN¥876.77 Million ≈ $128.30 Million |
+8.14% |
| 2010-12-31 | CN¥810.76 Million ≈ $118.64 Million |
+229.51% |
| 2009-12-31 | CN¥246.05 Million ≈ $36.00 Million |
+17.80% |
| 2008-12-31 | CN¥208.87 Million ≈ $30.56 Million |
+21.69% |
| 2007-12-31 | CN¥171.64 Million ≈ $25.12 Million |
+55.04% |
| 2006-12-31 | CN¥110.71 Million ≈ $16.20 Million |
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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 |
|---|---|
|
Invengo Information Technology Co Ltd
SHE:002161
|
$729.60 Million |
|
Southern Missouri Bancorp Inc
NASDAQ:SMBC
|
$729.85 Million |
|
HMC Capital Ltd
AU:HMC
|
$729.88 Million |
|
Logistea AB Series B
ST:LOGI-B
|
$729.97 Million |
|
Ridley Corporation Ltd
AU:RIC
|
$729.39 Million |
|
Andlauer Healthcare Gr
TO:AND
|
$729.37 Million |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749
|
$729.25 Million |
|
Great Southern Bancorp Inc
NASDAQ:GSBC
|
$728.75 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: 2.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 24.15x to 2.76x 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¥9.89 | x |
| 2007-12-31 | CN¥0.56 | CN¥9.89 | x |
| 2008-12-31 | CN¥0.61 | CN¥9.89 | x |
| 2009-12-31 | CN¥0.73 | CN¥9.89 | x |
| 2010-12-31 | CN¥1.83 | CN¥9.89 | x |
| 2011-12-31 | CN¥1.92 | CN¥9.89 | x |
| 2012-12-31 | CN¥2.11 | CN¥9.89 | x |
| 2013-12-31 | CN¥2.60 | CN¥9.89 | x |
| 2014-12-31 | CN¥2.73 | CN¥9.89 | x |
| 2015-12-31 | CN¥2.99 | CN¥9.89 | x |
| 2016-12-31 | CN¥3.13 | CN¥9.89 | x |
| 2017-12-31 | CN¥3.57 | CN¥9.89 | x |
| 2018-12-31 | CN¥3.44 | CN¥9.89 | x |
| 2019-12-31 | CN¥3.46 | CN¥9.89 | x |
| 2020-12-31 | CN¥3.74 | CN¥9.89 | x |
| 2021-12-31 | CN¥3.54 | CN¥9.89 | x |
| 2022-12-31 | CN¥3.78 | CN¥9.89 | x |
| 2023-12-31 | CN¥3.46 | CN¥9.89 | x |
| 2024-12-31 | CN¥3.59 | CN¥9.89 | 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: $1,164,821,620
- Average return on equity (ROE) among peers: -27.63%
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 | $729.53 Million |
| XJ Electric Co Ltd (000400) | $789.62 Million | 13.31% | 0.28x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $3.00 Billion | 13.36% | 0.15x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $967.32 Million | 3.48% | 4.72x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $141.93 Million | 21.53% | 0.30x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $478.86 Million | 17.57% | 0.71x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $170.82 Million | 5.01% | 0.32x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $3.04 Billion | 19.22% | 1.21x | $9.75 Billion |
About 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