YaGuang Technology Group Co Ltd
YaGuang Technology Group Company Limited researches, develops, manufactures, and sells military microwave electronics and intelligent ships in China. It offers yachts, special boats, tour ships, unmanned boats, marine factory ship, and other boats, such as police, surveillance, custom, motor, high sea condition, fire, and sightseeing boats. The company also provides customizable microwave electro… Read more
YaGuang Technology Group Co Ltd (300123) - Net Assets
Latest net assets as of June 2025: CN¥1.71 Billion CNY
Based on the latest financial reports, YaGuang Technology Group Co Ltd (300123) has net assets worth CN¥1.71 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.96 Billion) and total liabilities (CN¥3.25 Billion). 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¥1.71 Billion |
| % of Total Assets | 34.43% |
| Annual Growth Rate | 23.24% |
| 5-Year Change | -66.99% |
| 10-Year Change | 82.02% |
| Growth Volatility | 111.11 |
YaGuang Technology Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how YaGuang Technology Group 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 YaGuang Technology Group Co Ltd (2007–2024)
The table below shows the annual net assets of YaGuang Technology Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.75 Billion | -34.95% |
| 2023-12-31 | CN¥2.69 Billion | -7.21% |
| 2022-12-31 | CN¥2.90 Billion | -29.55% |
| 2021-12-31 | CN¥4.12 Billion | -22.37% |
| 2020-12-31 | CN¥5.31 Billion | +4.71% |
| 2019-12-31 | CN¥5.07 Billion | +4.87% |
| 2018-12-31 | CN¥4.83 Billion | +3.33% |
| 2017-12-31 | CN¥4.68 Billion | +296.44% |
| 2016-12-31 | CN¥1.18 Billion | +22.58% |
| 2015-12-31 | CN¥962.18 Million | +1.41% |
| 2014-12-31 | CN¥948.83 Million | +2.85% |
| 2013-12-31 | CN¥922.52 Million | +7.20% |
| 2012-12-31 | CN¥860.52 Million | +5.01% |
| 2011-12-31 | CN¥819.47 Million | +4.51% |
| 2010-12-31 | CN¥784.14 Million | +374.38% |
| 2009-12-31 | CN¥165.30 Million | +116.74% |
| 2008-12-31 | CN¥76.27 Million | +52.10% |
| 2007-12-31 | CN¥50.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to YaGuang Technology Group 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 decreased by 114698.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥4.47 Billion | 285.41% |
| Total Equity | CN¥1.57 Billion | 100.00% |
YaGuang Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of YaGuang Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HCI Group Inc
NYSE:HCI
|
$837.02 Million |
|
Northking Information Technology Co
SHE:002987
|
$837.37 Million |
|
Aguas Andinas S.A
SN:AGUAS-A
|
$837.56 Million |
|
Cloetta AB (publ)
ST:CLA-B
|
$837.82 Million |
|
Orient Semiconductor Electronics Ltd
TW:2329
|
$836.46 Million |
|
Shanghai Shyndec Pharmaceutical Co Ltd
SHG:600420
|
$836.35 Million |
|
Googol Technology Co Ltd Class A
SHE:301510
|
$836.08 Million |
|
Jingjin Environmental Protection Co Ltd
SHG:603279
|
$836.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YaGuang Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,485,491,706 to 1,567,409,859, a change of -918,081,846 (-36.9%).
- Net loss of 918,543,647 reduced equity.
- Dividend payments of 155,273,793 reduced retained earnings.
- Other factors increased equity by 155,735,594.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-918.54 Million | -58.6% |
| Dividends Paid | CN¥155.27 Million | -9.91% |
| Other Changes | CN¥155.74 Million | +9.94% |
| Total Change | CN¥- | -36.94% |
Book Value vs Market Value Analysis
This analysis compares YaGuang Technology Group 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: 4.57x
- 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 increased from 1.54x to 4.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.56 | CN¥7.01 | x |
| 2018-12-31 | CN¥4.71 | CN¥7.01 | x |
| 2019-12-31 | CN¥4.94 | CN¥7.01 | x |
| 2020-12-31 | CN¥5.07 | CN¥7.01 | x |
| 2021-12-31 | CN¥3.87 | CN¥7.01 | x |
| 2022-12-31 | CN¥2.68 | CN¥7.01 | x |
| 2023-12-31 | CN¥2.43 | CN¥7.01 | x |
| 2024-12-31 | CN¥1.53 | CN¥7.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YaGuang Technology Group 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): -58.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -96.49%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 3.31x
- Recent ROE (-58.60%) is below the historical average (-2.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 13.56% | 6.60% | 0.51x | 4.07x | CN¥1.62 Million |
| 2008 | 26.43% | 14.22% | 0.69x | 2.68x | CN¥12.53 Million |
| 2009 | 16.96% | 15.43% | 0.64x | 1.72x | CN¥11.50 Million |
| 2010 | 4.08% | 13.11% | 0.25x | 1.24x | CN¥-46.44 Million |
| 2011 | 5.37% | 11.10% | 0.32x | 1.52x | CN¥-37.92 Million |
| 2012 | 6.39% | 9.48% | 0.42x | 1.61x | CN¥-31.09 Million |
| 2013 | 6.62% | 8.98% | 0.50x | 1.46x | CN¥-31.13 Million |
| 2014 | 2.41% | 6.00% | 0.25x | 1.59x | CN¥-69.82 Million |
| 2015 | 1.45% | 3.05% | 0.24x | 1.94x | CN¥-79.68 Million |
| 2016 | 1.59% | 3.11% | 0.27x | 1.89x | CN¥-96.92 Million |
| 2017 | 2.10% | 9.22% | 0.16x | 1.43x | CN¥-363.15 Million |
| 2018 | 3.36% | 11.30% | 0.19x | 1.53x | CN¥-314.74 Million |
| 2019 | 5.62% | 12.68% | 0.29x | 1.53x | CN¥-218.15 Million |
| 2020 | 0.69% | 1.94% | 0.22x | 1.62x | CN¥-475.39 Million |
| 2021 | -30.73% | -75.53% | 0.21x | 1.95x | CN¥-1.59 Billion |
| 2022 | -44.55% | -71.24% | 0.25x | 2.52x | CN¥-1.47 Billion |
| 2023 | -11.41% | -17.84% | 0.25x | 2.52x | CN¥-532.02 Million |
| 2024 | -58.60% | -96.49% | 0.18x | 3.31x | CN¥-1.08 Billion |
Industry Comparison
This section compares YaGuang Technology Group Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,905,739,972
- Average return on equity (ROE) among peers: 11.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YaGuang Technology Group Co Ltd (300123) | CN¥1.71 Billion | 13.56% | 1.90x | $836.99 Million |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $102.23 Million | 20.95% | 1.61x | $576.57 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $5.67 Billion | 4.58% | 0.28x | $1.93 Billion |
| Zhejiang XiaSha Precision (001316) | $476.25 Million | 27.15% | 0.22x | $218.15 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $175.19 Million | 19.07% | 0.67x | $850.82 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.37 Billion | 3.80% | 0.25x | $1.81 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.62 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.43 Billion | -4.03% | 0.22x | $429.19 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $910.30 Million | 16.48% | 0.19x | $833.21 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $421.86 Million | 7.68% | 1.25x | $416.06 Million |
| Bestway Marine & Energy Technology Co Ltd (300008) | $2.90 Billion | 5.59% | 0.31x | $1.63 Billion |