Suzhou Electrical Apparatus Sci (300215) - Net Assets
Based on the latest financial reports, Suzhou Electrical Apparatus Sci (300215) has net assets worth CN¥1.97 Billion CNY (≈ $288.30 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.54 Billion ≈ $371.79 Million USD) and total liabilities (CN¥570.56 Million ≈ $83.49 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 Suzhou Electrical Apparatus Sci liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.97 Billion |
| % of Total Assets | 77.54% |
| Annual Growth Rate | 19.37% |
| 5-Year Change | 8.97% |
| 10-Year Change | 46.17% |
| Growth Volatility | 76.59 |
Suzhou Electrical Apparatus Sci - Net Assets Trend (2008–2024)
This chart illustrates how Suzhou Electrical Apparatus Sci's net assets have evolved over time, based on quarterly financial data. Also explore how large is Suzhou Electrical Apparatus Sci's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Suzhou Electrical Apparatus Sci (2008–2024)
The table below shows the annual net assets of Suzhou Electrical Apparatus Sci from 2008 to 2024. For live valuation and market cap data, see Suzhou Electrical Apparatus Sci market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.00 Billion ≈ $292.27 Million |
-0.24% |
| 2023-12-31 | CN¥2.00 Billion ≈ $292.99 Million |
+1.00% |
| 2022-12-31 | CN¥1.98 Billion ≈ $290.09 Million |
+1.30% |
| 2021-12-31 | CN¥1.96 Billion ≈ $286.37 Million |
+6.77% |
| 2020-12-31 | CN¥1.83 Billion ≈ $268.20 Million |
-13.73% |
| 2019-12-31 | CN¥2.12 Billion ≈ $310.88 Million |
+3.73% |
| 2018-12-31 | CN¥2.05 Billion ≈ $299.71 Million |
+2.64% |
| 2017-12-31 | CN¥2.00 Billion ≈ $292.01 Million |
+4.43% |
| 2016-12-31 | CN¥1.91 Billion ≈ $279.61 Million |
+39.84% |
| 2015-12-31 | CN¥1.37 Billion ≈ $199.95 Million |
+0.29% |
| 2014-12-31 | CN¥1.36 Billion ≈ $199.37 Million |
+1.76% |
| 2013-12-31 | CN¥1.34 Billion ≈ $195.92 Million |
+13.78% |
| 2012-12-31 | CN¥1.18 Billion ≈ $172.20 Million |
+8.05% |
| 2011-12-31 | CN¥1.09 Billion ≈ $159.36 Million |
+317.43% |
| 2010-12-31 | CN¥260.89 Million ≈ $38.18 Million |
+30.50% |
| 2009-12-31 | CN¥199.92 Million ≈ $29.25 Million |
+70.00% |
| 2008-12-31 | CN¥117.60 Million ≈ $17.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Electrical Apparatus Sci'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 296.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥434.97 Million | 21.89% |
| Other Components | CN¥1.55 Billion | 78.11% |
| Total Equity | CN¥1.99 Billion | 100.00% |
Suzhou Electrical Apparatus Sci Competitors by Market Cap
The table below lists competitors of Suzhou Electrical Apparatus Sci ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
|
$938.34 Million |
|
Karelia Tobacco Company Inc
AT:KARE
|
$938.40 Million |
|
Shenzhen Grandland Decoration Group Co Ltd
SHE:002482
|
$938.59 Million |
|
Hongsheng Heat Exchanger Mnfg
SHG:603090
|
$938.72 Million |
|
Taboola
NASDAQ:TBLA
|
$938.25 Million |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
$937.98 Million |
|
Zhe Jiang Kangsheng Co Ltd
SHE:002418
|
$937.88 Million |
|
Kexin Development Co Ltd Shanxi
SHG:600234
|
$937.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Electrical Apparatus Sci's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,993,102,341 to 1,987,332,478, a change of -5,769,863 (-0.3%).
- Net income of 21,997,786 contributed positively to equity growth.
- Dividend payments of 46,845,019 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.00 Million | +1.11% |
| Dividends Paid | CN¥46.85 Million | -2.36% |
| Other Changes | CN¥19.08 Million | +0.96% |
| Total Change | CN¥- | -0.29% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Electrical Apparatus Sci'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: 3.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.61 | CN¥8.56 | x |
| 2018-12-31 | CN¥2.68 | CN¥8.56 | x |
| 2019-12-31 | CN¥2.78 | CN¥8.56 | x |
| 2020-12-31 | CN¥2.40 | CN¥8.56 | x |
| 2021-12-31 | CN¥2.56 | CN¥8.56 | x |
| 2022-12-31 | CN¥2.60 | CN¥8.56 | x |
| 2023-12-31 | CN¥2.66 | CN¥8.56 | x |
| 2024-12-31 | CN¥2.65 | CN¥8.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Electrical Apparatus Sci 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): 1.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.55%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.34x
- Recent ROE (1.11%) is below the historical average (8.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 24.83% | 31.71% | 0.40x | 1.93x | CN¥17.44 Million |
| 2009 | 17.94% | 34.85% | 0.23x | 2.24x | CN¥15.87 Million |
| 2010 | 23.37% | 34.17% | 0.21x | 3.29x | CN¥34.88 Million |
| 2011 | 8.05% | 37.13% | 0.13x | 1.63x | CN¥-21.19 Million |
| 2012 | 12.04% | 40.49% | 0.16x | 1.89x | CN¥24.04 Million |
| 2013 | 13.22% | 35.90% | 0.18x | 2.07x | CN¥41.72 Million |
| 2014 | 5.89% | 18.70% | 0.13x | 2.48x | CN¥-54.14 Million |
| 2015 | 1.98% | 6.28% | 0.11x | 2.89x | CN¥-106.00 Million |
| 2016 | 3.72% | 12.77% | 0.15x | 1.97x | CN¥-119.09 Million |
| 2017 | 6.35% | 19.58% | 0.17x | 1.91x | CN¥-72.36 Million |
| 2018 | 6.29% | 18.05% | 0.19x | 1.81x | CN¥-75.45 Million |
| 2019 | 7.90% | 20.65% | 0.22x | 1.73x | CN¥-44.39 Million |
| 2020 | 4.77% | 12.34% | 0.17x | 2.26x | CN¥-95.12 Million |
| 2021 | 9.93% | 22.34% | 0.23x | 1.94x | CN¥-1.39 Million |
| 2022 | 1.68% | 5.07% | 0.19x | 1.72x | CN¥-164.28 Million |
| 2023 | 0.96% | 3.08% | 0.22x | 1.44x | CN¥-180.21 Million |
| 2024 | 1.11% | 3.55% | 0.23x | 1.34x | CN¥-176.74 Million |
Industry Comparison
This section compares Suzhou Electrical Apparatus Sci's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,799,499,997
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Electrical Apparatus Sci (300215) | CN¥1.97 Billion | 24.83% | 0.29x | $938.31 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $667.69 Million | 6.55% | 0.61x | $461.18 Million |
| Tungkong Inc (002117) | $191.87 Million | 25.29% | 0.86x | $781.70 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $8.43 Billion | 1.07% | 3.97x | $2.12 Billion |
| Hongbo Co Ltd (002229) | $908.22 Million | 3.05% | 0.50x | $1.19 Billion |
| Beijing Shengtong Printing Co Ltd (002599) | $1.77 Billion | 7.99% | 0.51x | $533.94 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $621.54 Million | 9.97% | 0.35x | $499.27 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.07 Billion | 5.50% | 0.08x | $357.63 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $166.51 Million | 0.00% | 1.55x | $2.17 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $2.38 Billion | 7.16% | 0.87x | $769.81 Million |
About Suzhou Electrical Apparatus Sci
Suzhou Electrical Apparatus Science Academy Co., Ltd. provides high and low voltage electrical apparatus testing services. The company provides testing services for high-voltage switchgear equipment, transformer instruments and reactors, capacitors, arresters, insulators, low voltage electrical apparatus, machine tool electric apparatus, wind power generation equipment, electric power fitting, EM… Read more