Edifier Technology Co Ltd (002351) - Net Assets
Based on the latest financial reports, Edifier Technology Co Ltd (002351) has net assets worth CN¥3.17 Billion CNY (≈ $463.36 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¥3.66 Billion ≈ $534.95 Million USD) and total liabilities (CN¥489.23 Million ≈ $71.59 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 tangible is Edifier Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.17 Billion |
| % of Total Assets | 86.62% |
| Annual Growth Rate | 20.2% |
| 5-Year Change | 38.42% |
| 10-Year Change | 74.4% |
| Growth Volatility | 79.36 |
Edifier Technology Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Edifier Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Edifier Technology Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Edifier Technology Co Ltd (2006–2025)
The table below shows the annual net assets of Edifier Technology Co Ltd from 2006 to 2025. For live valuation and market cap data, see 002351 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.09 Billion ≈ $452.68 Million |
+8.02% |
| 2024-12-31 | CN¥2.86 Billion ≈ $419.06 Million |
+8.96% |
| 2023-12-31 | CN¥2.63 Billion ≈ $384.59 Million |
+11.04% |
| 2022-12-31 | CN¥2.37 Billion ≈ $346.35 Million |
+5.91% |
| 2021-12-31 | CN¥2.23 Billion ≈ $327.03 Million |
+8.00% |
| 2020-12-31 | CN¥2.07 Billion ≈ $302.81 Million |
+10.29% |
| 2019-12-31 | CN¥1.88 Billion ≈ $274.54 Million |
+4.51% |
| 2018-12-31 | CN¥1.80 Billion ≈ $262.69 Million |
+0.67% |
| 2017-12-31 | CN¥1.78 Billion ≈ $260.93 Million |
+0.53% |
| 2016-12-31 | CN¥1.77 Billion ≈ $259.57 Million |
+1.80% |
| 2015-12-31 | CN¥1.74 Billion ≈ $254.97 Million |
+3.68% |
| 2014-12-31 | CN¥1.68 Billion ≈ $245.91 Million |
+3.11% |
| 2013-12-31 | CN¥1.63 Billion ≈ $238.49 Million |
+1.59% |
| 2012-12-31 | CN¥1.60 Billion ≈ $234.75 Million |
+2.43% |
| 2011-12-31 | CN¥1.57 Billion ≈ $229.19 Million |
+2.53% |
| 2010-12-31 | CN¥1.53 Billion ≈ $223.54 Million |
+358.94% |
| 2009-12-31 | CN¥332.86 Million ≈ $48.71 Million |
+47.92% |
| 2008-12-31 | CN¥225.02 Million ≈ $32.93 Million |
+44.43% |
| 2007-12-31 | CN¥155.80 Million ≈ $22.80 Million |
+66.21% |
| 2006-12-31 | CN¥93.74 Million ≈ $13.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Edifier Technology 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 1616.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.45 Billion | 48.68% |
| Common Stock | CN¥889.11 Million | 29.82% |
| Other Comprehensive Income | CN¥212.14 Million | 7.12% |
| Other Components | CN¥428.97 Million | 14.39% |
| Total Equity | CN¥2.98 Billion | 100.00% |
Edifier Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Edifier Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Chuanyi Automation Co Ltd
SHG:603100
|
$1.31 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
$1.31 Billion |
|
Bank of Qingdao Co. Ltd
F:4BQ
|
$1.31 Billion |
|
i-80 Gold Corp.
NYSE MKT:IAUX
|
$1.31 Billion |
|
Lightspeed Commerce Inc
TO:LSPD
|
$1.31 Billion |
|
National Vision Holdings Inc
NASDAQ:EYE
|
$1.31 Billion |
|
Wuhan Tianyuan Environmental Protection Co.LTD
SHE:301127
|
$1.30 Billion |
|
UTI Asset Management Company Limited
NSE:UTIAMC
|
$1.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Edifier Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,787,155,777 to 2,981,605,834, a change of 194,450,057 (7.0%).
- Net income of 430,994,066 contributed positively to equity growth.
- Dividend payments of 221,001,750 reduced retained earnings.
- Other comprehensive income increased equity by 4,768,452.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥430.99 Million | +14.46% |
| Dividends Paid | CN¥221.00 Million | -7.41% |
| Other Comprehensive Income | CN¥4.77 Million | +0.16% |
| Other Changes | CN¥-20.31 Million | -0.68% |
| Total Change | CN¥- | 6.98% |
Book Value vs Market Value Analysis
This analysis compares Edifier Technology 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: 2.99x
- 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 71.55x to 2.99x 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¥0.14 | CN¥10.04 | x |
| 2007-12-31 | CN¥0.24 | CN¥10.04 | x |
| 2008-12-31 | CN¥0.34 | CN¥10.04 | x |
| 2009-12-31 | CN¥0.50 | CN¥10.04 | x |
| 2010-12-31 | CN¥3.52 | CN¥10.04 | x |
| 2011-12-31 | CN¥1.75 | CN¥10.04 | x |
| 2012-12-31 | CN¥1.81 | CN¥10.04 | x |
| 2013-12-31 | CN¥1.85 | CN¥10.04 | x |
| 2014-12-31 | CN¥1.86 | CN¥10.04 | x |
| 2015-12-31 | CN¥1.93 | CN¥10.04 | x |
| 2016-12-31 | CN¥2.01 | CN¥10.04 | x |
| 2017-12-31 | CN¥2.02 | CN¥10.04 | x |
| 2018-12-31 | CN¥2.01 | CN¥10.04 | x |
| 2019-12-31 | CN¥2.11 | CN¥10.04 | x |
| 2020-12-31 | CN¥2.32 | CN¥10.04 | x |
| 2021-12-31 | CN¥2.47 | CN¥10.04 | x |
| 2022-12-31 | CN¥2.59 | CN¥10.04 | x |
| 2023-12-31 | CN¥2.85 | CN¥10.04 | x |
| 2024-12-31 | CN¥3.16 | CN¥10.04 | x |
| 2025-12-31 | CN¥3.35 | CN¥10.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Edifier Technology 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): 14.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.49%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.23x
- Recent ROE (14.46%) is below the historical average (14.92%), 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 | 42.76% | 8.32% | 2.13x | 2.41x | CN¥30.71 Million |
| 2007 | 49.59% | 12.74% | 2.17x | 1.79x | CN¥61.68 Million |
| 2008 | 31.12% | 10.32% | 1.80x | 1.68x | CN¥47.53 Million |
| 2009 | 32.75% | 16.03% | 1.43x | 1.43x | CN¥75.72 Million |
| 2010 | 6.35% | 13.48% | 0.44x | 1.08x | CN¥-55.73 Million |
| 2011 | 6.28% | 11.84% | 0.49x | 1.09x | CN¥-58.24 Million |
| 2012 | 6.08% | 12.30% | 0.46x | 1.09x | CN¥-62.81 Million |
| 2013 | 5.23% | 11.59% | 0.41x | 1.09x | CN¥-77.80 Million |
| 2014 | 5.54% | 13.57% | 0.38x | 1.08x | CN¥-74.38 Million |
| 2015 | 5.88% | 15.23% | 0.35x | 1.10x | CN¥-70.48 Million |
| 2016 | 4.97% | 11.97% | 0.37x | 1.11x | CN¥-87.95 Million |
| 2017 | 6.59% | 12.94% | 0.45x | 1.14x | CN¥-60.21 Million |
| 2018 | 2.99% | 6.06% | 0.44x | 1.11x | CN¥-125.19 Million |
| 2019 | 6.57% | 9.88% | 0.56x | 1.19x | CN¥-64.11 Million |
| 2020 | 13.45% | 14.27% | 0.74x | 1.27x | CN¥70.75 Million |
| 2021 | 14.37% | 13.70% | 0.86x | 1.22x | CN¥95.94 Million |
| 2022 | 10.71% | 11.13% | 0.78x | 1.24x | CN¥16.43 Million |
| 2023 | 16.51% | 15.58% | 0.82x | 1.29x | CN¥165.42 Million |
| 2024 | 16.12% | 15.26% | 0.83x | 1.27x | CN¥170.52 Million |
| 2025 | 14.46% | 15.49% | 0.76x | 1.23x | CN¥132.83 Million |
Industry Comparison
This section compares Edifier Technology Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,980,097,570
- Average return on equity (ROE) among peers: 1.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Edifier Technology Co Ltd (002351) | CN¥3.17 Billion | 42.76% | 0.15x | $1.31 Billion |
| Konka Group Co Ltd (000016) | $10.20 Billion | 8.88% | 2.91x | $658.84 Million |
| Tianma Microelectronics Co Ltd (000050) | $788.34 Million | 7.03% | 0.69x | $3.26 Billion |
| Guangdong Goworld Co Ltd (000823) | $963.85 Million | -3.75% | 1.06x | $1.92 Billion |
| Soyea Technology Co Ltd (000909) | $601.88 Million | -3.09% | 2.91x | $258.13 Million |
| Guoguang Electric Co Ltd (002045) | $1.33 Billion | 3.61% | 1.16x | $711.15 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $5.34 Billion | 12.94% | 0.59x | $6.27 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $670.89 Million | 7.66% | 0.25x | $256.01 Million |
| Goertek Inc (002241) | $6.42 Billion | 20.36% | 0.96x | $12.30 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $504.72 Million | -42.08% | 3.53x | $331.62 Million |
About Edifier Technology Co Ltd
Edifier Technology Co., Ltd. designs, produces, and sells audio equipment in China. The company also engages in research and development, production and sales of home audio, professional audio, car audio, headphones; microphones; bookshelf and monitor speakers; studio monitors and PA speakers; speakers for TV and home theater; subwoofers; gaming headphones and earphones; open-ear; and on-ear and … Read more