Netac Tech
Netac Technology Co., Ltd. engages in the research and development, production, and sale of storage products in the People's Republic of China and internationally. The company offers solid state drives, external storage products, memory products, USB flash drives, memory cards, and peripheral products. Its products are used in mobile phones, tablet computers, electronic computers, driving recorde… Read more
Netac Tech (300042) - Net Assets
Latest net assets as of September 2025: CN¥992.38 Million CNY
Based on the latest financial reports, Netac Tech (300042) has net assets worth CN¥992.38 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¥1.28 Billion) and total liabilities (CN¥284.87 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¥992.38 Million |
| % of Total Assets | 77.7% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | -3.78% |
| 10-Year Change | 21.26% |
| Growth Volatility | 86.2 |
Netac Tech - Net Assets Trend (2006–2024)
This chart illustrates how Netac Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Netac Tech (2006–2024)
The table below shows the annual net assets of Netac Tech from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion | -9.16% |
| 2023-12-31 | CN¥1.13 Billion | -4.62% |
| 2022-12-31 | CN¥1.18 Billion | +5.56% |
| 2021-12-31 | CN¥1.12 Billion | +5.22% |
| 2020-12-31 | CN¥1.06 Billion | +5.87% |
| 2019-12-31 | CN¥1.00 Billion | +5.19% |
| 2018-12-31 | CN¥954.98 Million | +5.11% |
| 2017-12-31 | CN¥908.57 Million | +3.47% |
| 2016-12-31 | CN¥878.09 Million | +4.05% |
| 2015-12-31 | CN¥843.91 Million | +1.44% |
| 2014-12-31 | CN¥831.90 Million | +2.47% |
| 2013-12-31 | CN¥811.84 Million | -0.91% |
| 2012-12-31 | CN¥819.27 Million | +1.13% |
| 2011-12-31 | CN¥810.15 Million | +0.49% |
| 2010-12-31 | CN¥806.23 Million | +0.86% |
| 2009-12-31 | CN¥799.38 Million | +378.07% |
| 2008-12-31 | CN¥167.21 Million | +31.01% |
| 2007-12-31 | CN¥127.63 Million | -1.65% |
| 2006-12-31 | CN¥129.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Netac Tech'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 215.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥245.52 Million | 23.79% |
| Common Stock | CN¥200.40 Million | 19.42% |
| Other Components | CN¥586.21 Million | 56.80% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Netac Tech Competitors by Market Cap
The table below lists competitors of Netac Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Íslandsbanki hf.
IC:ISB
|
$957.55 Million |
|
Cyrela Brazil Realty SA
PINK:CYRBY
|
$957.76 Million |
|
Anritsu Corporation
OTCGREY:AITUF
|
$957.96 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
$958.24 Million |
|
Duskin Co., Ltd.
PINK:DSKNF
|
$957.33 Million |
|
Rémy Cointreau SA
PINK:REMYF
|
$957.31 Million |
|
BUMI RESOURC.MINER.RP 625
F:BUR
|
$957.09 Million |
|
PROPETRO HLD.CORP.DL-001
F:2PG
|
$956.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netac Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,129,359,222 to 1,032,132,218, a change of -97,227,004 (-8.6%).
- Net loss of 99,248,761 reduced equity.
- Dividend payments of 3,780,503 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-99.25 Million | -9.62% |
| Dividends Paid | CN¥3.78 Million | -0.37% |
| Other Changes | CN¥5.80 Million | +0.56% |
| Total Change | CN¥- | -8.61% |
Book Value vs Market Value Analysis
This analysis compares Netac Tech'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: 9.88x
- 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 57.99x to 9.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.88 | CN¥50.90 | x |
| 2007-12-31 | CN¥0.85 | CN¥50.90 | x |
| 2008-12-31 | CN¥1.11 | CN¥50.90 | x |
| 2009-12-31 | CN¥5.30 | CN¥50.90 | x |
| 2010-12-31 | CN¥4.08 | CN¥50.90 | x |
| 2011-12-31 | CN¥4.04 | CN¥50.90 | x |
| 2012-12-31 | CN¥4.09 | CN¥50.90 | x |
| 2013-12-31 | CN¥4.05 | CN¥50.90 | x |
| 2014-12-31 | CN¥4.15 | CN¥50.90 | x |
| 2015-12-31 | CN¥4.21 | CN¥50.90 | x |
| 2016-12-31 | CN¥4.38 | CN¥50.90 | x |
| 2017-12-31 | CN¥4.53 | CN¥50.90 | x |
| 2018-12-31 | CN¥4.76 | CN¥50.90 | x |
| 2019-12-31 | CN¥5.01 | CN¥50.90 | x |
| 2020-12-31 | CN¥5.31 | CN¥50.90 | x |
| 2021-12-31 | CN¥5.58 | CN¥50.90 | x |
| 2022-12-31 | CN¥5.89 | CN¥50.90 | x |
| 2023-12-31 | CN¥5.64 | CN¥50.90 | x |
| 2024-12-31 | CN¥5.15 | CN¥50.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netac Tech 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): -9.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.96%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.16x
- Recent ROE (-9.62%) is below the historical average (5.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 12.15% | 5.72% | 1.54x | 1.38x | CN¥2.79 Million |
| 2007 | 30.44% | 12.68% | 1.64x | 1.47x | CN¥26.09 Million |
| 2008 | 23.67% | 16.28% | 1.19x | 1.22x | CN¥22.86 Million |
| 2009 | 4.96% | 14.55% | 0.30x | 1.13x | CN¥-40.25 Million |
| 2010 | 2.51% | 9.04% | 0.25x | 1.11x | CN¥-60.41 Million |
| 2011 | 2.01% | 6.98% | 0.26x | 1.13x | CN¥-64.70 Million |
| 2012 | 1.93% | 7.71% | 0.23x | 1.08x | CN¥-66.12 Million |
| 2013 | 0.73% | 2.56% | 0.27x | 1.08x | CN¥-75.25 Million |
| 2014 | 2.41% | 9.51% | 0.25x | 1.04x | CN¥-63.12 Million |
| 2015 | 2.88% | 6.01% | 0.46x | 1.05x | CN¥-60.10 Million |
| 2016 | 5.06% | 7.52% | 0.64x | 1.05x | CN¥-43.37 Million |
| 2017 | 6.18% | 6.05% | 0.98x | 1.05x | CN¥-34.67 Million |
| 2018 | 6.75% | 6.67% | 0.97x | 1.05x | CN¥-31.00 Million |
| 2019 | 7.15% | 6.02% | 1.10x | 1.08x | CN¥-28.61 Million |
| 2020 | 6.64% | 4.74% | 1.26x | 1.11x | CN¥-35.70 Million |
| 2021 | 6.15% | 3.60% | 1.52x | 1.12x | CN¥-43.05 Million |
| 2022 | 5.26% | 3.51% | 1.31x | 1.15x | CN¥-55.98 Million |
| 2023 | -3.88% | -4.02% | 0.79x | 1.22x | CN¥-156.70 Million |
| 2024 | -9.62% | -11.96% | 0.69x | 1.16x | CN¥-202.46 Million |
Industry Comparison
This section compares Netac Tech's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,549,622,281
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netac Tech (300042) | CN¥992.38 Million | 12.15% | 0.29x | $957.37 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $3.49 Billion | 20.34% | 0.48x | $4.21 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $172.34 Million | 10.88% | 1.56x | $4.11 Billion |
| TPV Technology Co Ltd (000727) | $555.60 Million | -88.79% | 1.39x | $917.87 Million |
| Inspur Electronic Info Industr (000977) | $900.93 Million | 4.81% | 0.23x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $665.52 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.68K |
| Ninestar Corp (002180) | $322.23 Million | 8.58% | 0.16x | $2.12 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $337.64 Million | 61.25% | 0.41x | $15.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 1.62% | 0.12x | $265.22 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $599.23 Million |