Netac Tech (300042) - Net Assets

Latest as of September 2025: CN¥992.38 Million CNY ≈ $145.22 Million USD

Based on the latest financial reports, Netac Tech (300042) has net assets worth CN¥992.38 Million CNY (≈ $145.22 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¥1.28 Billion ≈ $186.90 Million USD) and total liabilities (CN¥284.87 Million ≈ $41.68 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 financial resilience of Netac Tech to evaluate the company's liquid asset resilience ratio.

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. Also explore Netac Tech total assets for the complete picture of this company's asset base.

Annual Net Assets for Netac Tech (2006–2024)

The table below shows the annual net assets of Netac Tech from 2006 to 2024. For live valuation and market cap data, see 300042 market cap.

Year	Net Assets	Change
2024-12-31	CN¥1.02 Billion ≈ $149.75 Million	-9.16%
2023-12-31	CN¥1.13 Billion ≈ $164.86 Million	-4.62%
2022-12-31	CN¥1.18 Billion ≈ $172.84 Million	+5.56%
2021-12-31	CN¥1.12 Billion ≈ $163.74 Million	+5.22%
2020-12-31	CN¥1.06 Billion ≈ $155.63 Million	+5.87%
2019-12-31	CN¥1.00 Billion ≈ $147.00 Million	+5.19%
2018-12-31	CN¥954.98 Million ≈ $139.74 Million	+5.11%
2017-12-31	CN¥908.57 Million ≈ $132.95 Million	+3.47%
2016-12-31	CN¥878.09 Million ≈ $128.49 Million	+4.05%
2015-12-31	CN¥843.91 Million ≈ $123.49 Million	+1.44%
2014-12-31	CN¥831.90 Million ≈ $121.73 Million	+2.47%
2013-12-31	CN¥811.84 Million ≈ $118.80 Million	-0.91%
2012-12-31	CN¥819.27 Million ≈ $119.89 Million	+1.13%
2011-12-31	CN¥810.15 Million ≈ $118.55 Million	+0.49%
2010-12-31	CN¥806.23 Million ≈ $117.98 Million	+0.86%
2009-12-31	CN¥799.38 Million ≈ $116.97 Million	+378.07%
2008-12-31	CN¥167.21 Million ≈ $24.47 Million	+31.01%
2007-12-31	CN¥127.63 Million ≈ $18.68 Million	-1.65%
2006-12-31	CN¥129.77 Million ≈ $18.99 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
Shipping Corporation Of India Limited NSE:SCI	$1.53 Billion
Ningbo Haitian Precision Machinery Co Ltd SHG:601882	$1.53 Billion
Holmen AB (publ) ST:HOLM-A	$1.53 Billion
Domain Holdings Australia Limited F:3DH	$1.53 Billion
Paradox Interactive AB (publ) ST:PDX	$1.53 Billion
Engineers India Limited NSE:ENGINERSIN	$1.53 Billion
Innuovo Technology Co Ltd Class A SHE:000795	$1.53 Billion
Adecoagro SA NYSE:AGRO	$1.53 Billion

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 99,248,755 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: 10.15x
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 59.55x to 10.15x 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¥52.27	x
2007-12-31	CN¥0.85	CN¥52.27	x
2008-12-31	CN¥1.11	CN¥52.27	x
2009-12-31	CN¥5.30	CN¥52.27	x
2010-12-31	CN¥4.08	CN¥52.27	x
2011-12-31	CN¥4.04	CN¥52.27	x
2012-12-31	CN¥4.09	CN¥52.27	x
2013-12-31	CN¥4.05	CN¥52.27	x
2014-12-31	CN¥4.15	CN¥52.27	x
2015-12-31	CN¥4.21	CN¥52.27	x
2016-12-31	CN¥4.38	CN¥52.27	x
2017-12-31	CN¥4.53	CN¥52.27	x
2018-12-31	CN¥4.76	CN¥52.27	x
2019-12-31	CN¥5.01	CN¥52.27	x
2020-12-31	CN¥5.31	CN¥52.27	x
2021-12-31	CN¥5.58	CN¥52.27	x
2022-12-31	CN¥5.89	CN¥52.27	x
2023-12-31	CN¥5.64	CN¥52.27	x
2024-12-31	CN¥5.15	CN¥52.27	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: $3,355,426,944
Average return on equity (ROE) among peers: 6.62%

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	$1.53 Billion
Shenzhen Kaifa Technology Co Ltd (000021)	$4.48 Billion	8.58%	0.49x	$6.72 Billion
China Greatwall Computer Shenzhen Co Ltd (000066)	$8.69 Billion	0.34%	3.51x	$9.36 Billion
TPV Technology Co Ltd (000727)	$877.13 Million	6.30%	0.57x	$1.76 Billion
Inspur Electronic Info Industr (000977)	$1.18 Billion	4.25%	0.35x	$15.03 Billion
Ninestar Corp (002180)	$322.23 Million	8.58%	0.16x	$3.99 Billion
Costar Group Co Ltd (002189)	$578.51 Million	2.73%	0.47x	$806.48 Million
Hangzhou Hikvision Digital Technology Co Ltd (002415)	$6.81 Billion	21.73%	0.22x	$48.67 Billion
Shenzhen Rapoo Technology (002577)	$1.44 Billion	5.16%	0.06x	$706.05 Million
Suzhou Anjie Technology Co Ltd (002635)	$5.82 Billion	1.91%	0.41x	$1.59 Billion

About Netac Tech

SHE:300042 China Computer Hardware

Market Cap

$1.53 Billion

CN¥10.47 Billion CNY

Market Cap Rank

#7304 Global

#1736 in China

Share Price

CN¥52.27

Change (1 day)

+1.69%

52-Week Range

CN¥21.55 - CN¥61.08

All Time High

CN¥61.08