Goldenmax International Technology Ltd
Goldenmax International Group Ltd., together with its subsidiaries, produces and sells copper clad laminates for the electronics industry in China and internationally. The company offers general-purpose FR-4, FR-5, CEM-3 series of copper clad laminates and other series of copper clad laminates, as well as aluminum-based copper clad laminates and prepregs used in home appliances, computers, lighti… Read more
Goldenmax International Technology Ltd (002636) - Net Assets
Latest net assets as of September 2025: CN¥3.52 Billion CNY
Based on the latest financial reports, Goldenmax International Technology Ltd (002636) has net assets worth CN¥3.52 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¥6.29 Billion) and total liabilities (CN¥2.78 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¥3.52 Billion |
| % of Total Assets | 55.89% |
| Annual Growth Rate | 15.07% |
| 5-Year Change | 19.93% |
| 10-Year Change | 151.58% |
| Growth Volatility | 36.08 |
Goldenmax International Technology Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Goldenmax International Technology 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 Goldenmax International Technology Ltd (2008–2024)
The table below shows the annual net assets of Goldenmax International Technology Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.50 Billion | -1.58% |
| 2023-12-31 | CN¥3.55 Billion | -3.86% |
| 2022-12-31 | CN¥3.70 Billion | +0.85% |
| 2021-12-31 | CN¥3.66 Billion | +25.68% |
| 2020-12-31 | CN¥2.92 Billion | +6.66% |
| 2019-12-31 | CN¥2.73 Billion | +7.25% |
| 2018-12-31 | CN¥2.55 Billion | +14.76% |
| 2017-12-31 | CN¥2.22 Billion | +28.21% |
| 2016-12-31 | CN¥1.73 Billion | +24.63% |
| 2015-12-31 | CN¥1.39 Billion | +4.07% |
| 2014-12-31 | CN¥1.34 Billion | -7.34% |
| 2013-12-31 | CN¥1.44 Billion | +0.56% |
| 2012-12-31 | CN¥1.43 Billion | +3.90% |
| 2011-12-31 | CN¥1.38 Billion | +151.47% |
| 2010-12-31 | CN¥548.62 Million | +26.31% |
| 2009-12-31 | CN¥434.34 Million | +17.42% |
| 2008-12-31 | CN¥369.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldenmax International Technology 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 3556.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.20 Billion | 65.22% |
| Common Stock | CN¥728.00 Million | 21.57% |
| Other Comprehensive Income | CN¥254.74 Million | 7.55% |
| Other Components | CN¥191.33 Million | 5.67% |
| Total Equity | CN¥3.38 Billion | 100.00% |
Goldenmax International Technology Ltd Competitors by Market Cap
The table below lists competitors of Goldenmax International Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wankai New Materials Co. Ltd.
SHE:301216
|
$1.09 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
$1.09 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
$1.09 Billion |
|
Shanghai Luxin Packing Materials Science&Technology Co Ltd
SHE:002565
|
$1.10 Billion |
|
Bure Equity AB
ST:BURE
|
$1.09 Billion |
|
Vimeo Inc
NASDAQ:VMEO
|
$1.09 Billion |
|
Deepak Nitrite Limited
NSE:DEEPAKNTR
|
$1.09 Billion |
|
Österreichische Post AG
F:O3P
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldenmax International Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,379,375,933 to 3,375,591,000, a change of -3,784,933 (-0.1%).
- Net income of 37,058,862 contributed positively to equity growth.
- Dividend payments of 43,709,914 reduced retained earnings.
- Other comprehensive income increased equity by 257,350,285.
- Other factors decreased equity by 254,484,166.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥37.06 Million | +1.1% |
| Dividends Paid | CN¥43.71 Million | -1.29% |
| Other Comprehensive Income | CN¥257.35 Million | +7.62% |
| Other Changes | CN¥-254.48 Million | -7.54% |
| Total Change | CN¥- | -0.11% |
Book Value vs Market Value Analysis
This analysis compares Goldenmax International Technology 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: 6.98x
- 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 61.58x to 6.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.53 | CN¥32.42 | x |
| 2009-12-31 | CN¥0.64 | CN¥32.42 | x |
| 2010-12-31 | CN¥0.82 | CN¥32.42 | x |
| 2011-12-31 | CN¥2.28 | CN¥32.42 | x |
| 2012-12-31 | CN¥1.75 | CN¥32.42 | x |
| 2013-12-31 | CN¥1.89 | CN¥32.42 | x |
| 2014-12-31 | CN¥1.82 | CN¥32.42 | x |
| 2015-12-31 | CN¥1.90 | CN¥32.42 | x |
| 2016-12-31 | CN¥2.38 | CN¥32.42 | x |
| 2017-12-31 | CN¥3.05 | CN¥32.42 | x |
| 2018-12-31 | CN¥3.45 | CN¥32.42 | x |
| 2019-12-31 | CN¥3.67 | CN¥32.42 | x |
| 2020-12-31 | CN¥3.91 | CN¥32.42 | x |
| 2021-12-31 | CN¥4.80 | CN¥32.42 | x |
| 2022-12-31 | CN¥4.84 | CN¥32.42 | x |
| 2023-12-31 | CN¥4.64 | CN¥32.42 | x |
| 2024-12-31 | CN¥4.65 | CN¥32.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldenmax International Technology 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): 1.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.89x
- Recent ROE (1.10%) is below the historical average (10.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 24.11% | 5.16% | 1.24x | 3.76x | CN¥39.99 Million |
| 2009 | 16.90% | 4.99% | 1.01x | 3.37x | CN¥23.82 Million |
| 2010 | 22.61% | 5.32% | 1.27x | 3.35x | CN¥56.22 Million |
| 2011 | 6.06% | 3.78% | 0.94x | 1.70x | CN¥-49.83 Million |
| 2012 | 3.51% | 2.16% | 0.94x | 1.73x | CN¥-85.10 Million |
| 2013 | 2.24% | 1.27% | 0.99x | 1.79x | CN¥-104.09 Million |
| 2014 | 3.19% | 1.88% | 0.98x | 1.72x | CN¥-90.95 Million |
| 2015 | 3.89% | 2.13% | 0.95x | 1.93x | CN¥-84.88 Million |
| 2016 | 19.69% | 11.17% | 0.96x | 1.84x | CN¥167.84 Million |
| 2017 | 24.19% | 14.62% | 0.90x | 1.84x | CN¥315.22 Million |
| 2018 | 11.65% | 7.95% | 0.88x | 1.66x | CN¥41.52 Million |
| 2019 | 5.85% | 4.70% | 0.70x | 1.78x | CN¥-110.69 Million |
| 2020 | 6.33% | 5.00% | 0.68x | 1.87x | CN¥-104.35 Million |
| 2021 | 19.75% | 11.72% | 0.86x | 1.96x | CN¥340.79 Million |
| 2022 | 2.47% | 2.32% | 0.60x | 1.77x | CN¥-264.88 Million |
| 2023 | -2.33% | -2.21% | 0.58x | 1.82x | CN¥-416.75 Million |
| 2024 | 1.10% | 0.92% | 0.64x | 1.89x | CN¥-300.50 Million |
Industry Comparison
This section compares Goldenmax International Technology 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 |
|---|---|---|---|---|
| Goldenmax International Technology Ltd (002636) | CN¥3.52 Billion | 24.11% | 0.79x | $1.09 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 |