Risuntek Inc (002981) - Net Assets

Latest as of September 2025: CN¥1.13 Billion CNY ≈ $166.04 Million USD

Based on the latest financial reports, Risuntek Inc (002981) has net assets worth CN¥1.13 Billion CNY (≈ $166.04 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¥1.83 Billion ≈ $268.37 Million USD) and total liabilities (CN¥699.35 Million ≈ $102.34 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 Risuntek Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.13 Billion
% of Total Assets	61.87%
Annual Growth Rate	26.99%
5-Year Change	24.62%
10-Year Change	412.31%
Growth Volatility	36.32

Risuntek Inc - Net Assets Trend (2014–2024)

This chart illustrates how Risuntek Inc's net assets have evolved over time, based on quarterly financial data. Also explore Risuntek Inc assets under control for the complete picture of this company's asset base.

Annual Net Assets for Risuntek Inc (2014–2024)

The table below shows the annual net assets of Risuntek Inc from 2014 to 2024. For live valuation and market cap data, see 002981 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥1.04 Billion ≈ $152.39 Million	+9.47%
2023-12-31	CN¥951.31 Million ≈ $139.21 Million	+12.29%
2022-12-31	CN¥847.23 Million ≈ $123.98 Million	+7.35%
2021-12-31	CN¥789.19 Million ≈ $115.48 Million	-5.56%
2020-12-31	CN¥835.68 Million ≈ $122.29 Million	+88.36%
2019-12-31	CN¥443.65 Million ≈ $64.92 Million	+18.39%
2018-12-31	CN¥374.74 Million ≈ $54.84 Million	+18.67%
2017-12-31	CN¥315.80 Million ≈ $46.21 Million	+31.99%
2016-12-31	CN¥239.27 Million ≈ $35.01 Million	+17.70%
2015-12-31	CN¥203.28 Million ≈ $29.75 Million	+112.89%
2014-12-31	CN¥95.49 Million ≈ $13.97 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Risuntek Inc'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 621.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥426.25 Million	41.27%
Common Stock	CN¥135.22 Million	13.09%
Other Comprehensive Income	CN¥50.30 Million	4.87%
Other Components	CN¥421.02 Million	40.77%
Total Equity	CN¥1.03 Billion	100.00%

Risuntek Inc Competitors by Market Cap

The table below lists competitors of Risuntek Inc ranked by their market capitalization.

Company	Market Cap
Fujian Longzhou Transportation Co Ltd SHE:002682	$494.58 Million
i3system Inc KQ:214430	$494.81 Million
Midland States Bancorp Inc NASDAQ:MSBI	$495.04 Million
Global Dominion Access S.A MC:DOM	$495.16 Million
Thai Stanley Electric Public Company Limited BK:STANLY	$494.39 Million
Kambi Group PLC Series B LSE:0EAW	$494.35 Million
Bajaj Electricals Limited NSE:BAJAJELEC	$494.30 Million
Zhejiang Talent Television&Film Co Ltd SHE:300426	$494.29 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Risuntek Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 900,453,000 to 1,032,783,000, a change of 132,330,000 (14.7%).
Net income of 112,908,000 contributed positively to equity growth.
Dividend payments of 39,161,000 reduced retained earnings.
Other comprehensive income increased equity by 50,303,114.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥112.91 Million	+10.93%
Dividends Paid	CN¥39.16 Million	-3.79%
Other Comprehensive Income	CN¥50.30 Million	+4.87%
Other Changes	CN¥8.28 Million	+0.8%
Total Change	CN¥-	14.70%

Book Value vs Market Value Analysis

This analysis compares Risuntek Inc'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: 3.20x
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 14.14x to 3.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	CN¥1.74	CN¥24.58	x
2015-12-31	CN¥3.70	CN¥24.58	x
2016-12-31	CN¥3.34	CN¥24.58	x
2017-12-31	CN¥4.39	CN¥24.58	x
2018-12-31	CN¥5.21	CN¥24.58	x
2019-12-31	CN¥4.62	CN¥24.58	x
2020-12-31	CN¥8.70	CN¥24.58	x
2021-12-31	CN¥8.22	CN¥24.58	x
2022-12-31	CN¥8.30	CN¥24.58	x
2023-12-31	CN¥9.38	CN¥24.58	x
2024-12-31	CN¥7.68	CN¥24.58	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Risuntek Inc 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): 10.93%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.51%
• Asset Turnover: 1.00x
• Equity Multiplier: 1.67x
Recent ROE (10.93%) is below the historical average (14.61%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	32.29%	8.62%	1.50x	2.50x	CN¥21.29 Million
2015	17.03%	8.52%	1.25x	1.59x	CN¥14.29 Million
2016	15.28%	7.74%	1.21x	1.63x	CN¥12.64 Million
2017	25.50%	12.45%	1.38x	1.48x	CN¥48.96 Million
2018	20.53%	12.93%	1.17x	1.35x	CN¥39.45 Million
2019	18.74%	10.04%	1.10x	1.70x	CN¥38.77 Million
2020	5.44%	5.02%	0.73x	1.48x	CN¥-38.11 Million
2021	-5.27%	-3.18%	0.95x	1.75x	CN¥-120.51 Million
2022	7.29%	4.19%	0.86x	2.02x	CN¥-21.55 Million
2023	12.97%	8.16%	0.95x	1.67x	CN¥26.73 Million
2024	10.93%	6.51%	1.00x	1.67x	CN¥9.63 Million

Industry Comparison

This section compares Risuntek Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Risuntek Inc (002981)	CN¥1.13 Billion	32.29%	0.62x	$494.51 Million
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.09x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$874.93 Million	-1.17%	1.71x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.71 Billion	7.84%	0.11x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$86.35 Million	23.75%	0.85x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.31 Billion	8.55%	0.86x	$834.77 Million
Huagong Tech Co Ltd (000988)	$1.22 Billion	3.70%	0.93x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.54 Billion	5.61%	1.58x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Risuntek Inc

SHE:002981 China Electrical Equipment & Parts

Market Cap

$494.51 Million

CN¥3.38 Billion CNY

Market Cap Rank

#12595 Global

#3926 in China

Share Price

CN¥24.58

Change (1 day)

-4.54%

52-Week Range

CN¥22.39 - CN¥37.47

All Time High

CN¥38.40