Guangzhou Echom Sci&Tech Co Ltd (002420) - Net Assets
Based on the latest financial reports, Guangzhou Echom Sci&Tech Co Ltd (002420) has net assets worth CN¥658.84 Million CNY (≈ $96.41 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¥2.53 Billion ≈ $369.57 Million USD) and total liabilities (CN¥1.87 Billion ≈ $273.16 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 002420 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥658.84 Million |
| % of Total Assets | 26.09% |
| Annual Growth Rate | 1.54% |
| 5-Year Change | 0.12% |
| 10-Year Change | -65.12% |
| Growth Volatility | 41.55 |
Guangzhou Echom Sci&Tech Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Guangzhou Echom Sci&Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Guangzhou Echom Sci&Tech Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Guangzhou Echom Sci&Tech Co Ltd (2007–2024)
The table below shows the annual net assets of Guangzhou Echom Sci&Tech Co Ltd from 2007 to 2024. For live valuation and market cap data, see market value of Guangzhou Echom Sci&Tech Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥579.37 Million ≈ $84.78 Million |
+14.79% |
| 2023-12-31 | CN¥504.72 Million ≈ $73.86 Million |
-30.64% |
| 2022-12-31 | CN¥727.71 Million ≈ $106.49 Million |
+12.53% |
| 2021-12-31 | CN¥646.68 Million ≈ $94.63 Million |
+11.76% |
| 2020-12-31 | CN¥578.66 Million ≈ $84.68 Million |
+12.52% |
| 2019-12-31 | CN¥514.26 Million ≈ $75.25 Million |
+35.61% |
| 2018-12-31 | CN¥379.22 Million ≈ $55.49 Million |
-68.28% |
| 2017-12-31 | CN¥1.20 Billion ≈ $174.95 Million |
-28.72% |
| 2016-12-31 | CN¥1.68 Billion ≈ $245.42 Million |
+0.98% |
| 2015-12-31 | CN¥1.66 Billion ≈ $243.04 Million |
+2.31% |
| 2014-12-31 | CN¥1.62 Billion ≈ $237.56 Million |
+2.71% |
| 2013-12-31 | CN¥1.58 Billion ≈ $231.29 Million |
-3.61% |
| 2012-12-31 | CN¥1.64 Billion ≈ $239.94 Million |
+1.22% |
| 2011-12-31 | CN¥1.62 Billion ≈ $237.06 Million |
-0.09% |
| 2010-12-31 | CN¥1.62 Billion ≈ $237.27 Million |
+146.18% |
| 2009-12-31 | CN¥658.63 Million ≈ $96.38 Million |
+25.11% |
| 2008-12-31 | CN¥526.42 Million ≈ $77.03 Million |
+17.74% |
| 2007-12-31 | CN¥447.11 Million ≈ $65.43 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Echom Sci&Tech 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 decreased by 1410.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥408.84 Million | 74.37% |
| Other Components | CN¥814.80 Million | 148.22% |
| Total Equity | CN¥549.71 Million | 100.00% |
Guangzhou Echom Sci&Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Echom Sci&Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nederman Holding AB
ST:NMAN
|
$440.59 Million |
|
Inzone Group Co Ltd
SHG:600858
|
$440.63 Million |
|
Guolin Environmental Tech Co Ltd
SHE:300786
|
$441.07 Million |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
$441.17 Million |
|
GMM Pfaudler Limited
NSE:GMMPFAUDLR
|
$440.27 Million |
|
HPF Co Ltd
SHE:300350
|
$439.98 Million |
|
Cloudberry Clean Energy As
OL:CLOUD
|
$439.85 Million |
|
Suncha Technology Co Ltd
SHE:001211
|
$439.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Echom Sci&Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 472,690,060 to 549,713,204, a change of 77,023,144 (16.3%).
- Net income of 94,699,367 contributed positively to equity growth.
- Dividend payments of 24,425,429 reduced retained earnings.
- Share repurchases of 30,499,477 reduced equity.
- Other factors increased equity by 37,248,683.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥94.70 Million | +17.23% |
| Dividends Paid | CN¥24.43 Million | -4.44% |
| Share Repurchases | CN¥30.50 Million | -5.55% |
| Other Changes | CN¥37.25 Million | +6.78% |
| Total Change | CN¥- | 16.29% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Echom Sci&Tech 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: 5.28x
- 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 5.53x to 5.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥1.32 | CN¥7.32 | x |
| 2008-12-31 | CN¥1.51 | CN¥7.32 | x |
| 2009-12-31 | CN¥1.87 | CN¥7.32 | x |
| 2010-12-31 | CN¥4.29 | CN¥7.32 | x |
| 2011-12-31 | CN¥3.99 | CN¥7.32 | x |
| 2012-12-31 | CN¥3.93 | CN¥7.32 | x |
| 2013-12-31 | CN¥3.95 | CN¥7.32 | x |
| 2014-12-31 | CN¥4.13 | CN¥7.32 | x |
| 2015-12-31 | CN¥4.19 | CN¥7.32 | x |
| 2016-12-31 | CN¥4.32 | CN¥7.32 | x |
| 2017-12-31 | CN¥2.94 | CN¥7.32 | x |
| 2018-12-31 | CN¥0.92 | CN¥7.32 | x |
| 2019-12-31 | CN¥1.25 | CN¥7.32 | x |
| 2020-12-31 | CN¥1.42 | CN¥7.32 | x |
| 2021-12-31 | CN¥1.60 | CN¥7.32 | x |
| 2022-12-31 | CN¥1.71 | CN¥7.32 | x |
| 2023-12-31 | CN¥1.18 | CN¥7.32 | x |
| 2024-12-31 | CN¥1.39 | CN¥7.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Echom Sci&Tech 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): 17.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.53%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 4.32x
- Recent ROE (17.23%) is above the historical average (-9.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 15.11% | 6.39% | 1.10x | 2.16x | CN¥22.55 Million |
| 2008 | 13.88% | 5.56% | 1.03x | 2.42x | CN¥19.86 Million |
| 2009 | 19.24% | 8.21% | 1.00x | 2.34x | CN¥58.60 Million |
| 2010 | 8.62% | 7.35% | 0.73x | 1.61x | CN¥-21.88 Million |
| 2011 | 2.26% | 1.65% | 0.72x | 1.91x | CN¥-122.57 Million |
| 2012 | 2.29% | 1.65% | 0.71x | 1.96x | CN¥-123.93 Million |
| 2013 | -3.55% | -2.02% | 0.82x | 2.15x | CN¥-210.63 Million |
| 2014 | 2.67% | 1.31% | 0.89x | 2.29x | CN¥-117.13 Million |
| 2015 | 2.87% | 1.27% | 0.92x | 2.46x | CN¥-117.33 Million |
| 2016 | 1.16% | 0.33% | 1.39x | 2.50x | CN¥-146.88 Million |
| 2017 | -40.49% | -8.40% | 1.38x | 3.49x | CN¥-596.71 Million |
| 2018 | -221.27% | -16.61% | 1.79x | 7.43x | CN¥-850.45 Million |
| 2019 | 26.73% | 3.82% | 1.61x | 4.34x | CN¥83.95 Million |
| 2020 | 11.60% | 2.15% | 1.46x | 3.69x | CN¥9.07 Million |
| 2021 | 11.58% | 1.99% | 1.89x | 3.08x | CN¥10.16 Million |
| 2022 | 6.13% | 1.55% | 1.30x | 3.05x | CN¥-26.49 Million |
| 2023 | -44.93% | -9.39% | 0.99x | 4.84x | CN¥-259.67 Million |
| 2024 | 17.23% | 3.53% | 1.13x | 4.32x | CN¥39.73 Million |
Industry Comparison
This section compares Guangzhou Echom Sci&Tech Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $3,449,466,466
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Echom Sci&Tech Co Ltd (002420) | CN¥658.84 Million | 15.11% | 2.83x | $440.55 Million |
| Konka Group Co Ltd (000016) | $3.29 Billion | 3.02% | 1.93x | $756.97 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.76 Billion | 4.14% | 0.58x | $2.74 Billion |
| Guangdong Goworld Co Ltd (000823) | $1.01 Billion | 4.02% | 1.24x | $1.17 Billion |
| Soyea Technology Co Ltd (000909) | $1.98 Billion | 4.97% | 1.20x | $298.48 Million |
| Guoguang Electric Co Ltd (002045) | $650.56 Million | 7.89% | 0.74x | $928.45 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $6.77 Billion | 16.55% | 0.95x | $4.51 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $1.14 Billion | -2.98% | 0.48x | $318.38 Million |
| Goertek Inc (002241) | $874.59 Million | 14.02% | 0.63x | $12.71 Billion |
| Edifier Technology Co Ltd (002351) | $1.57 Billion | 6.28% | 0.09x | $1.45 Billion |
About Guangzhou Echom Sci&Tech Co Ltd
Guangzhou Echom Sci.&Tech.Co.,Ltd engages in the design, production, and sales of television, white appliance, and automobile structural parts in China and internationally. The company offers interior and exterior, thermal management, and lightweight products; and energy storage system structural components. It also provides healthcare products, including reaction cups, deep hole plates, PCR tube… Read more