Genbyte Technology Inc (003028) - Net Assets
Based on the latest financial reports, Genbyte Technology Inc (003028) has net assets worth CN¥1.76 Billion CNY (≈ $257.20 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¥2.74 Billion ≈ $400.84 Million USD) and total liabilities (CN¥981.62 Million ≈ $143.64 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 Genbyte Technology Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.76 Billion |
| % of Total Assets | 64.16% |
| Annual Growth Rate | 32.97% |
| 5-Year Change | 69.26% |
| 10-Year Change | N/A |
| Growth Volatility | 48.3 |
Genbyte Technology Inc - Net Assets Trend (2016–2024)
This chart illustrates how Genbyte Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Genbyte Technology Inc for the complete picture of this company's asset base.
Annual Net Assets for Genbyte Technology Inc (2016–2024)
The table below shows the annual net assets of Genbyte Technology Inc from 2016 to 2024. For live valuation and market cap data, see market value of Genbyte Technology Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.75 Billion ≈ $256.40 Million |
+10.67% |
| 2023-12-31 | CN¥1.58 Billion ≈ $231.68 Million |
+13.15% |
| 2022-12-31 | CN¥1.40 Billion ≈ $204.76 Million |
+13.79% |
| 2021-12-31 | CN¥1.23 Billion ≈ $179.94 Million |
+18.78% |
| 2020-12-31 | CN¥1.04 Billion ≈ $151.48 Million |
+161.59% |
| 2019-12-31 | CN¥395.74 Million ≈ $57.91 Million |
+15.75% |
| 2018-12-31 | CN¥341.88 Million ≈ $50.03 Million |
+22.11% |
| 2017-12-31 | CN¥279.97 Million ≈ $40.97 Million |
+56.20% |
| 2016-12-31 | CN¥179.24 Million ≈ $26.23 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Genbyte Technology 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 527.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥797.05 Million | 45.49% |
| Common Stock | CN¥111.78 Million | 6.38% |
| Other Components | CN¥843.36 Million | 48.13% |
| Total Equity | CN¥1.75 Billion | 100.00% |
Genbyte Technology Inc Competitors by Market Cap
The table below lists competitors of Genbyte Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D I Corp
KO:003160
|
$586.24 Million |
|
Cosmecca Korea Co. Ltd
KQ:241710
|
$586.25 Million |
|
Saha Pathanapibul Public Company Limited
BK:SPC
|
$586.29 Million |
|
Fine Semitech Corp
KQ:036810
|
$586.42 Million |
|
Shenzhen Riland Industry Co
SHE:300154
|
$586.14 Million |
|
Sable Offshore Corp.
NYSE:SOC
|
$586.10 Million |
|
Everbright Jiabao Co Ltd
SHG:600622
|
$585.93 Million |
|
Integral Diagnostics Ltd
AU:IDX
|
$585.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genbyte Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,583,274,326 to 1,752,189,686, a change of 168,915,360 (10.7%).
- Net income of 203,293,866 contributed positively to equity growth.
- Dividend payments of 50,300,619 reduced retained earnings.
- Share repurchases of 638,527 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥203.29 Million | +11.6% |
| Dividends Paid | CN¥50.30 Million | -2.87% |
| Share Repurchases | CN¥638.53K | -0.04% |
| Other Changes | CN¥16.56 Million | +0.95% |
| Total Change | CN¥- | 10.67% |
Book Value vs Market Value Analysis
This analysis compares Genbyte Technology 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: 1.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.26x to 1.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.26 | CN¥27.68 | x |
| 2017-12-31 | CN¥3.53 | CN¥27.68 | x |
| 2018-12-31 | CN¥4.19 | CN¥27.68 | x |
| 2019-12-31 | CN¥4.82 | CN¥27.68 | x |
| 2020-12-31 | CN¥12.62 | CN¥27.68 | x |
| 2021-12-31 | CN¥11.22 | CN¥27.68 | x |
| 2022-12-31 | CN¥12.76 | CN¥27.68 | x |
| 2023-12-31 | CN¥14.23 | CN¥27.68 | x |
| 2024-12-31 | CN¥15.69 | CN¥27.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genbyte Technology 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): 11.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.50%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.43x
- Recent ROE (11.60%) is below the historical average (22.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 50.65% | 25.84% | 0.87x | 2.25x | CN¥72.87 Million |
| 2017 | 30.63% | 18.03% | 1.21x | 1.41x | CN¥57.77 Million |
| 2018 | 25.09% | 15.11% | 1.18x | 1.40x | CN¥51.58 Million |
| 2019 | 29.25% | 16.62% | 1.19x | 1.48x | CN¥76.18 Million |
| 2020 | 16.78% | 17.47% | 0.70x | 1.38x | CN¥70.14 Million |
| 2021 | 17.09% | 15.95% | 0.78x | 1.37x | CN¥87.13 Million |
| 2022 | 12.19% | 16.37% | 0.58x | 1.29x | CN¥30.68 Million |
| 2023 | 13.14% | 16.97% | 0.56x | 1.39x | CN¥49.68 Million |
| 2024 | 11.60% | 14.50% | 0.56x | 1.43x | CN¥28.07 Million |
Industry Comparison
This section compares Genbyte Technology Inc'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 |
|---|---|---|---|---|
| Genbyte Technology Inc (003028) | CN¥1.76 Billion | 50.65% | 0.56x | $586.15 Million |
| 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 Genbyte Technology Inc
Genbyte Technology Inc. engages in the research, development, production, and sale of electronic intelligent controllers in China. The company offers auto electronics, including car refrigerators and semiconductor cooling cups; household appliances comprising drip coffee makers, coffee makers, stand mixers, and handheld vacuums; power tools that include garden tool controllers, hand pruning machi… Read more