WUS Printed Circuit Kunshan Co Ltd

SHE:002463 China Electronic Components
Market Cap
$22.45 Billion
CN¥164.71 Billion CNY
Market Cap Rank
#1214 Global
#43 in China
Share Price
CN¥85.59
Change (1 day)
+1.95%
52-Week Range
CN¥24.94 - CN¥85.59
All Time High
CN¥85.59
About

Wus Printed Circuit (Kunshan) Co., Ltd. engages in the sales of printed circuit board in China. The company offers backplane, line card, server products, antenna, high density interconnect, hybrid products, heat sinks, and heavy copper. Its products are used for automotive, computer, consumer electronics, core network, telecommunications infrastructure, power supply, and industrial applications. … Read more

WUS Printed Circuit Kunshan Co Ltd (002463) - Net Assets

Latest net assets as of September 2025: CN¥14.00 Billion CNY

Based on the latest financial reports, WUS Printed Circuit Kunshan Co Ltd (002463) has net assets worth CN¥14.00 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¥26.31 Billion) and total liabilities (CN¥12.31 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¥14.00 Billion
% of Total Assets 53.22%
Annual Growth Rate 14.96%
5-Year Change 89.43%
10-Year Change 268.72%
Growth Volatility 23.82

WUS Printed Circuit Kunshan Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how WUS Printed Circuit Kunshan 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 WUS Printed Circuit Kunshan Co Ltd (2007–2024)

The table below shows the annual net assets of WUS Printed Circuit Kunshan Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.90 Billion +20.98%
2023-12-31 CN¥9.84 Billion +19.00%
2022-12-31 CN¥8.27 Billion +14.27%
2021-12-31 CN¥7.23 Billion +15.14%
2020-12-31 CN¥6.28 Billion +22.38%
2019-12-31 CN¥5.13 Billion +28.05%
2018-12-31 CN¥4.01 Billion +14.94%
2017-12-31 CN¥3.49 Billion +3.66%
2016-12-31 CN¥3.37 Billion +4.25%
2015-12-31 CN¥3.23 Billion +0.18%
2014-12-31 CN¥3.22 Billion -4.69%
2013-12-31 CN¥3.38 Billion -1.53%
2012-12-31 CN¥3.43 Billion +6.63%
2011-12-31 CN¥3.22 Billion +6.25%
2010-12-31 CN¥3.03 Billion +105.29%
2009-12-31 CN¥1.48 Billion +14.54%
2008-12-31 CN¥1.29 Billion +15.81%
2007-12-31 CN¥1.11 Billion --

Equity Component Analysis

This analysis shows how different components contribute to WUS Printed Circuit Kunshan 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 2066.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥7.68 Billion 64.90%
Common Stock CN¥1.92 Billion 16.20%
Other Comprehensive Income CN¥1.61 Billion 13.58%
Other Components CN¥629.51 Million 5.32%
Total Equity CN¥11.84 Billion 100.00%

WUS Printed Circuit Kunshan Co Ltd Competitors by Market Cap

The table below lists competitors of WUS Printed Circuit Kunshan Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in WUS Printed Circuit Kunshan Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,784,707,633 to 11,840,778,491, a change of 2,056,070,858 (21.0%).
  • Net income of 2,587,236,693 contributed positively to equity growth.
  • Dividend payments of 1,088,231,364 reduced retained earnings.
  • Other comprehensive income increased equity by 458,349,616.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.59 Billion +21.85%
Dividends Paid CN¥1.09 Billion -9.19%
Other Comprehensive Income CN¥458.35 Million +3.87%
Other Changes CN¥98.72 Million +0.83%
Total Change CN¥- 21.01%

Book Value vs Market Value Analysis

This analysis compares WUS Printed Circuit Kunshan 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: 13.89x
  • 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 134.91x to 13.89x 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¥0.63 CN¥85.59 x
2008-12-31 CN¥0.77 CN¥85.59 x
2009-12-31 CN¥0.92 CN¥85.59 x
2010-12-31 CN¥1.80 CN¥85.59 x
2011-12-31 CN¥1.73 CN¥85.59 x
2012-12-31 CN¥1.84 CN¥85.59 x
2013-12-31 CN¥1.85 CN¥85.59 x
2014-12-31 CN¥1.74 CN¥85.59 x
2015-12-31 CN¥1.75 CN¥85.59 x
2016-12-31 CN¥1.83 CN¥85.59 x
2017-12-31 CN¥1.89 CN¥85.59 x
2018-12-31 CN¥2.17 CN¥85.59 x
2019-12-31 CN¥2.73 CN¥85.59 x
2020-12-31 CN¥3.34 CN¥85.59 x
2021-12-31 CN¥3.83 CN¥85.59 x
2022-12-31 CN¥4.36 CN¥85.59 x
2023-12-31 CN¥5.13 CN¥85.59 x
2024-12-31 CN¥6.16 CN¥85.59 x

Capital Efficiency Dashboard

This dashboard shows how efficiently WUS Printed Circuit Kunshan 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): 21.85%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.39%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 1.79x
  • Recent ROE (21.85%) is above the historical average (12.50%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 12.44% 4.57% 1.07x 2.55x CN¥25.78 Million
2008 19.57% 8.55% 1.15x 1.98x CN¥118.46 Million
2009 20.94% 13.53% 0.92x 1.68x CN¥161.48 Million
2010 10.76% 10.89% 0.75x 1.32x CN¥23.11 Million
2011 10.18% 10.51% 0.74x 1.32x CN¥5.92 Million
2012 8.63% 9.43% 0.67x 1.36x CN¥-46.86 Million
2013 5.32% 5.97% 0.63x 1.42x CN¥-158.06 Million
2014 -0.38% -0.37% 0.60x 1.69x CN¥-334.32 Million
2015 0.17% 0.16% 0.62x 1.68x CN¥-317.24 Million
2016 3.88% 3.44% 0.71x 1.58x CN¥-206.00 Million
2017 5.83% 4.40% 0.77x 1.72x CN¥-145.30 Million
2018 14.23% 10.38% 0.83x 1.65x CN¥169.51 Million
2019 23.49% 16.92% 0.87x 1.60x CN¥692.57 Million
2020 21.37% 18.00% 0.78x 1.52x CN¥714.52 Million
2021 14.70% 14.34% 0.64x 1.61x CN¥340.07 Million
2022 16.47% 16.33% 0.67x 1.51x CN¥534.89 Million
2023 15.46% 16.92% 0.56x 1.64x CN¥534.07 Million
2024 21.85% 19.39% 0.63x 1.79x CN¥1.40 Billion

Industry Comparison

This section compares WUS Printed Circuit Kunshan Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
WUS Printed Circuit Kunshan Co Ltd (002463) CN¥14.00 Billion 12.44% 0.88x $15.33 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million