Zhejiang Mtcn Technology Co Ltd
Zhejiang MTCN Technology Co., Ltd. engages in the manufacturing and selling of crystalline silicon and electronic components in China. It provides semiconductor monocrystalline silicon wafers and rods, and high voltage rectifier devices. The company was founded in 2010 and is based in Changxing, China.
Zhejiang Mtcn Technology Co Ltd (003026) - Net Assets
Latest net assets as of September 2025: CN¥658.38 Million CNY
Based on the latest financial reports, Zhejiang Mtcn Technology Co Ltd (003026) has net assets worth CN¥658.38 Million 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¥1.26 Billion) and total liabilities (CN¥602.41 Million). 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¥658.38 Million |
| % of Total Assets | 52.22% |
| Annual Growth Rate | 25.17% |
| 5-Year Change | -13.19% |
| 10-Year Change | 772.8% |
| Growth Volatility | 49.88 |
Zhejiang Mtcn Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Zhejiang Mtcn Technology 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 Zhejiang Mtcn Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Zhejiang Mtcn Technology Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥648.76 Million | -21.41% |
| 2023-12-31 | CN¥825.48 Million | -4.20% |
| 2022-12-31 | CN¥861.69 Million | -2.55% |
| 2021-12-31 | CN¥884.27 Million | +18.32% |
| 2020-12-31 | CN¥747.35 Million | +110.14% |
| 2019-12-31 | CN¥355.65 Million | +23.17% |
| 2018-12-31 | CN¥288.75 Million | +29.91% |
| 2017-12-31 | CN¥222.27 Million | +17.96% |
| 2016-12-31 | CN¥188.43 Million | +153.50% |
| 2015-12-31 | CN¥74.33 Million | +0.48% |
| 2014-12-31 | CN¥73.98 Million | +66.84% |
| 2013-12-31 | CN¥44.34 Million | +1.05% |
| 2012-12-31 | CN¥43.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Mtcn Technology 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 21831122004.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥209.39 Million | 32.28% |
| Common Stock | CN¥130.23 Million | 20.07% |
| Other Components | CN¥309.14 Million | 47.65% |
| Total Equity | CN¥648.76 Million | 100.00% |
Zhejiang Mtcn Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Mtcn Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QuantaSing Group Limited American Depositary Shares
NASDAQ:QSG
|
$309.06 Million |
|
Wuhan Nusun Landscape Co Ltd
SHE:300536
|
$309.20 Million |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
$309.28 Million |
|
Yuilrobotics Co. Ltd.
KQ:388720
|
$309.29 Million |
|
Ninebot Ltd
SHG:689009
|
$308.93 Million |
|
Haixia Envrnmnt
SHG:603817
|
$308.83 Million |
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
$308.76 Million |
|
Martinrea International Inc
PINK:MRETF
|
$308.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Mtcn Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 688,681,252 to 648,763,275, a change of -39,917,977 (-5.8%).
- Net income of 22,772,176 contributed positively to equity growth.
- Dividend payments of 10,941,568 reduced retained earnings.
- Share repurchases of 8,534,140 reduced equity.
- Other factors decreased equity by 43,214,445.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.77 Million | +3.51% |
| Dividends Paid | CN¥10.94 Million | -1.69% |
| Share Repurchases | CN¥8.53 Million | -1.32% |
| Other Changes | CN¥-43.21 Million | -6.66% |
| Total Change | CN¥- | -5.80% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Mtcn Technology 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: 6.69x
- 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 39.73x to 6.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.86 | CN¥34.30 | x |
| 2013-12-31 | CN¥0.96 | CN¥34.30 | x |
| 2014-12-31 | CN¥1.44 | CN¥34.30 | x |
| 2015-12-31 | CN¥1.43 | CN¥34.30 | x |
| 2016-12-31 | CN¥2.71 | CN¥34.30 | x |
| 2017-12-31 | CN¥2.96 | CN¥34.30 | x |
| 2018-12-31 | CN¥3.87 | CN¥34.30 | x |
| 2019-12-31 | CN¥3.57 | CN¥34.30 | x |
| 2020-12-31 | CN¥7.49 | CN¥34.30 | x |
| 2021-12-31 | CN¥7.81 | CN¥34.30 | x |
| 2022-12-31 | CN¥7.43 | CN¥34.30 | x |
| 2023-12-31 | CN¥5.31 | CN¥34.30 | x |
| 2024-12-31 | CN¥5.13 | CN¥34.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Mtcn Technology 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): 3.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.39%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.98x
- Recent ROE (3.51%) is below the historical average (9.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -13.90% | -27.66% | 0.32x | 1.55x | CN¥-10.49 Million |
| 2013 | 1.04% | 1.46% | 0.49x | 1.46x | CN¥-3.97 Million |
| 2014 | 13.91% | 17.25% | 0.65x | 1.24x | CN¥2.89 Million |
| 2015 | 4.88% | 7.95% | 0.34x | 1.82x | CN¥-3.81 Million |
| 2016 | 17.36% | 20.49% | 0.58x | 1.47x | CN¥13.87 Million |
| 2017 | 21.95% | 20.60% | 0.68x | 1.58x | CN¥26.57 Million |
| 2018 | 23.02% | 26.22% | 0.61x | 1.45x | CN¥37.61 Million |
| 2019 | 18.81% | 29.93% | 0.51x | 1.23x | CN¥31.33 Million |
| 2020 | 11.60% | 31.78% | 0.32x | 1.13x | CN¥11.99 Million |
| 2021 | 16.86% | 30.06% | 0.35x | 1.60x | CN¥53.43 Million |
| 2022 | 4.61% | 10.12% | 0.24x | 1.89x | CN¥-39.96 Million |
| 2023 | -4.95% | -9.78% | 0.25x | 2.01x | CN¥-102.93 Million |
| 2024 | 3.51% | 5.39% | 0.33x | 1.98x | CN¥-42.10 Million |
Industry Comparison
This section compares Zhejiang Mtcn Technology Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $22,851,523,037
- Average return on equity (ROE) among peers: 9.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Mtcn Technology Co Ltd (003026) | CN¥658.38 Million | -13.90% | 0.91x | $308.98 Million |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.12 Billion | 1.18% | 0.76x | $4.61 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Hubei Tech Semiconductors Co (300046) | $1.03 Billion | 4.28% | 0.07x | $823.72 Million |