Aoshikang Technology Co Ltd Class A (002913) - Net Assets
Based on the latest financial reports, Aoshikang Technology Co Ltd Class A (002913) has net assets worth CN¥4.55 Billion CNY (≈ $666.05 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¥8.40 Billion ≈ $1.23 Billion USD) and total liabilities (CN¥3.84 Billion ≈ $562.62 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 002913 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.55 Billion |
| % of Total Assets | 54.21% |
| Annual Growth Rate | 26.79% |
| 5-Year Change | 59.04% |
| 10-Year Change | 612.69% |
| Growth Volatility | 42.97 |
Aoshikang Technology Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Aoshikang Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Aoshikang Technology Co Ltd Class A for the complete picture of this company's asset base.
Annual Net Assets for Aoshikang Technology Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Aoshikang Technology Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see 002913 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.38 Billion ≈ $640.71 Million |
+6.59% |
| 2023-12-31 | CN¥4.11 Billion ≈ $601.07 Million |
+8.47% |
| 2022-12-31 | CN¥3.79 Billion ≈ $554.15 Million |
+7.48% |
| 2021-12-31 | CN¥3.52 Billion ≈ $515.57 Million |
+27.98% |
| 2020-12-31 | CN¥2.75 Billion ≈ $402.86 Million |
+13.12% |
| 2019-12-31 | CN¥2.43 Billion ≈ $356.14 Million |
+11.95% |
| 2018-12-31 | CN¥2.17 Billion ≈ $318.13 Million |
+10.76% |
| 2017-12-31 | CN¥1.96 Billion ≈ $287.23 Million |
+157.40% |
| 2016-12-31 | CN¥762.55 Million ≈ $111.59 Million |
+24.12% |
| 2015-12-31 | CN¥614.36 Million ≈ $89.90 Million |
+66.56% |
| 2014-12-31 | CN¥368.86 Million ≈ $53.98 Million |
+14.71% |
| 2013-12-31 | CN¥321.54 Million ≈ $47.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aoshikang Technology Co Ltd Class A'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 1487.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.84 Billion | 42.07% |
| Common Stock | CN¥317.36 Million | 7.25% |
| Other Comprehensive Income | CN¥434.38 Million | 9.92% |
| Other Components | CN¥1.78 Billion | 40.76% |
| Total Equity | CN¥4.38 Billion | 100.00% |
Aoshikang Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Aoshikang Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hub Group Inc
NASDAQ:HUBG
|
$2.43 Billion |
|
Schouw & Co.
CO:SCHO
|
$2.43 Billion |
|
KANSAI PAINT SPON.ADR/1/2
F:KAP0
|
$2.43 Billion |
|
Greencore Group plc
F:GCG
|
$2.43 Billion |
|
Lafarge Malayan Cement Bhd
KLSE:3794
|
$2.43 Billion |
|
Sime Darby Property Bhd
KLSE:5288
|
$2.42 Billion |
|
Tecnicas Reunidas
MC:TRE
|
$2.42 Billion |
|
GCS Holdings
TWO:4991
|
$2.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aoshikang Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,107,620,059 to 4,378,479,838, a change of 270,859,779 (6.6%).
- Net income of 353,281,772 contributed positively to equity growth.
- Dividend payments of 240,303,880 reduced retained earnings.
- Other comprehensive income increased equity by 430,458,851.
- Other factors decreased equity by 272,576,964.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥353.28 Million | +8.07% |
| Dividends Paid | CN¥240.30 Million | -5.49% |
| Other Comprehensive Income | CN¥430.46 Million | +9.83% |
| Other Changes | CN¥-272.58 Million | -6.23% |
| Total Change | CN¥- | 6.59% |
Book Value vs Market Value Analysis
This analysis compares Aoshikang Technology Co Ltd Class A'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: 3.80x
- 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 16.23x to 3.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥3.22 | CN¥52.25 | x |
| 2014-12-31 | CN¥3.69 | CN¥52.25 | x |
| 2015-12-31 | CN¥3.08 | CN¥52.25 | x |
| 2016-12-31 | CN¥3.53 | CN¥52.25 | x |
| 2017-12-31 | CN¥8.84 | CN¥52.25 | x |
| 2018-12-31 | CN¥7.55 | CN¥52.25 | x |
| 2019-12-31 | CN¥8.37 | CN¥52.25 | x |
| 2020-12-31 | CN¥9.42 | CN¥52.25 | x |
| 2021-12-31 | CN¥11.39 | CN¥52.25 | x |
| 2022-12-31 | CN¥11.97 | CN¥52.25 | x |
| 2023-12-31 | CN¥12.91 | CN¥52.25 | x |
| 2024-12-31 | CN¥13.76 | CN¥52.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aoshikang Technology Co Ltd Class A 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): 8.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.74%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.84x
- Recent ROE (8.07%) is below the historical average (16.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.63% | 10.95% | 1.04x | 1.81x | CN¥34.19 Million |
| 2014 | 35.69% | 14.68% | 0.98x | 2.49x | CN¥94.77 Million |
| 2015 | 26.33% | 15.33% | 0.89x | 1.93x | CN¥100.32 Million |
| 2016 | 24.96% | 14.50% | 0.87x | 1.99x | CN¥114.08 Million |
| 2017 | 8.82% | 9.97% | 0.59x | 1.50x | CN¥-23.13 Million |
| 2018 | 10.99% | 10.69% | 0.72x | 1.44x | CN¥21.48 Million |
| 2019 | 10.99% | 11.75% | 0.64x | 1.46x | CN¥24.14 Million |
| 2020 | 12.69% | 12.00% | 0.65x | 1.62x | CN¥73.94 Million |
| 2021 | 13.91% | 11.05% | 0.60x | 2.10x | CN¥137.83 Million |
| 2022 | 8.10% | 6.72% | 0.59x | 2.03x | CN¥-71.91 Million |
| 2023 | 12.63% | 11.98% | 0.59x | 1.79x | CN¥107.86 Million |
| 2024 | 8.07% | 7.74% | 0.57x | 1.84x | CN¥-84.57 Million |
Industry Comparison
This section compares Aoshikang Technology Co Ltd Class A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aoshikang Technology Co Ltd Class A (002913) | CN¥4.55 Billion | 20.63% | 0.84x | $2.43 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Aoshikang Technology Co Ltd Class A
Aoshikang Technology Co., Ltd. engages in the research, development, production, and sale of printed circuit boards. It manufactures and sells automotive electronics, ICT communications, energy, medical, industrial control, and HDI, and printed circuit boards that are used in 5G base stations, data computing and storage, automotive electronics, telecommunications and networks, and industrial cont… Read more