Newcapec Electronics Co Ltd
Newcapec Electronics Co., Ltd. provides ICT solutions and services for smart campuses in the People's Republic of China. The company offers intelligent payment terminals, identity recognition terminals, energy control terminals, smart gas meters, and education technology terminals. It also provides code-card-face campus all-purpose cards, campus all-purpose card service for secondary vocation edu… Read more
Newcapec Electronics Co Ltd (300248) - Net Assets
Latest net assets as of September 2025: CN¥2.27 Billion CNY
Based on the latest financial reports, Newcapec Electronics Co Ltd (300248) has net assets worth CN¥2.27 Billion 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¥2.82 Billion) and total liabilities (CN¥547.08 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¥2.27 Billion |
| % of Total Assets | 80.6% |
| Annual Growth Rate | 28.56% |
| 5-Year Change | 24.49% |
| 10-Year Change | 181.81% |
| Growth Volatility | 69.56 |
Newcapec Electronics Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Newcapec Electronics 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 Newcapec Electronics Co Ltd (2008–2024)
The table below shows the annual net assets of Newcapec Electronics Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.32 Billion | +2.74% |
| 2023-12-31 | CN¥2.26 Billion | +3.38% |
| 2022-12-31 | CN¥2.19 Billion | +4.10% |
| 2021-12-31 | CN¥2.10 Billion | +12.60% |
| 2020-12-31 | CN¥1.87 Billion | +6.49% |
| 2019-12-31 | CN¥1.75 Billion | +19.75% |
| 2018-12-31 | CN¥1.46 Billion | +5.98% |
| 2017-12-31 | CN¥1.38 Billion | +13.41% |
| 2016-12-31 | CN¥1.22 Billion | +47.68% |
| 2015-12-31 | CN¥824.23 Million | +49.63% |
| 2014-12-31 | CN¥550.84 Million | +7.71% |
| 2013-12-31 | CN¥511.43 Million | +4.06% |
| 2012-12-31 | CN¥491.46 Million | +7.25% |
| 2011-12-31 | CN¥458.24 Million | +291.20% |
| 2010-12-31 | CN¥117.14 Million | +90.88% |
| 2009-12-31 | CN¥61.37 Million | +47.14% |
| 2008-12-31 | CN¥41.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newcapec Electronics 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 grown by 8402.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.03 Billion | 47.52% |
| Common Stock | CN¥476.35 Million | 22.00% |
| Other Components | CN¥659.68 Million | 30.47% |
| Total Equity | CN¥2.16 Billion | 100.00% |
Newcapec Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Newcapec Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SOCIETE LDC INH. EO 040
F:LC41
|
$450.90 Million |
|
Heimar hf.
IC:HEIMAR
|
$450.95 Million |
|
Serica Energy plc
PINK:SQZZF
|
$451.05 Million |
|
Civista Bancshares Inc
NASDAQ:CIVB
|
$451.14 Million |
|
Altimmune Inc
NASDAQ:ALT
|
$450.83 Million |
|
Malibu Boats Inc
NASDAQ:MBUU
|
$450.74 Million |
|
Gevo Inc
NASDAQ:GEVO
|
$450.69 Million |
|
Guangdong Wencan Die Casting Co Ltd
SHG:603348
|
$450.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newcapec Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,101,685,450 to 2,164,751,154, a change of 63,065,704 (3.0%).
- Net income of 110,209,601 contributed positively to equity growth.
- Dividend payments of 41,372,324 reduced retained earnings.
- Other comprehensive income increased equity by 2,353,609.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥110.21 Million | +5.09% |
| Dividends Paid | CN¥41.37 Million | -1.91% |
| Other Comprehensive Income | CN¥2.35 Million | +0.11% |
| Other Changes | CN¥-8.13 Million | -0.38% |
| Total Change | CN¥- | 3.00% |
Book Value vs Market Value Analysis
This analysis compares Newcapec Electronics 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: 2.57x
- 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 74.39x to 2.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.16 | CN¥11.66 | x |
| 2009-12-31 | CN¥0.22 | CN¥11.66 | x |
| 2010-12-31 | CN¥0.38 | CN¥11.66 | x |
| 2011-12-31 | CN¥1.25 | CN¥11.66 | x |
| 2012-12-31 | CN¥1.14 | CN¥11.66 | x |
| 2013-12-31 | CN¥1.16 | CN¥11.66 | x |
| 2014-12-31 | CN¥1.22 | CN¥11.66 | x |
| 2015-12-31 | CN¥1.86 | CN¥11.66 | x |
| 2016-12-31 | CN¥2.62 | CN¥11.66 | x |
| 2017-12-31 | CN¥2.73 | CN¥11.66 | x |
| 2018-12-31 | CN¥2.98 | CN¥11.66 | x |
| 2019-12-31 | CN¥3.45 | CN¥11.66 | x |
| 2020-12-31 | CN¥3.71 | CN¥11.66 | x |
| 2021-12-31 | CN¥4.07 | CN¥11.66 | x |
| 2022-12-31 | CN¥4.24 | CN¥11.66 | x |
| 2023-12-31 | CN¥4.41 | CN¥11.66 | x |
| 2024-12-31 | CN¥4.54 | CN¥11.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newcapec Electronics 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): 5.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.20%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.28x
- Recent ROE (5.09%) is below the historical average (11.48%), 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 | 30.39% | 19.16% | 0.74x | 2.15x | CN¥8.50 Million |
| 2009 | 32.04% | 22.49% | 0.79x | 1.80x | CN¥13.53 Million |
| 2010 | 29.31% | 24.52% | 0.73x | 1.65x | CN¥22.62 Million |
| 2011 | 9.13% | 22.72% | 0.37x | 1.09x | CN¥-3.97 Million |
| 2012 | 8.57% | 20.12% | 0.38x | 1.12x | CN¥-7.01 Million |
| 2013 | 4.87% | 11.17% | 0.38x | 1.15x | CN¥-26.03 Million |
| 2014 | 7.04% | 11.97% | 0.49x | 1.21x | CN¥-15.85 Million |
| 2015 | 7.46% | 11.83% | 0.38x | 1.66x | CN¥-20.51 Million |
| 2016 | 7.08% | 12.41% | 0.38x | 1.51x | CN¥-35.04 Million |
| 2017 | 8.79% | 15.55% | 0.38x | 1.50x | CN¥-16.49 Million |
| 2018 | 6.66% | 11.47% | 0.40x | 1.46x | CN¥-48.15 Million |
| 2019 | 9.51% | 16.36% | 0.42x | 1.39x | CN¥-8.18 Million |
| 2020 | 10.29% | 19.36% | 0.41x | 1.30x | CN¥5.05 Million |
| 2021 | 8.31% | 15.84% | 0.39x | 1.34x | CN¥-32.73 Million |
| 2022 | 5.57% | 10.51% | 0.40x | 1.34x | CN¥-89.46 Million |
| 2023 | 5.12% | 10.13% | 0.39x | 1.31x | CN¥-102.66 Million |
| 2024 | 5.09% | 11.20% | 0.36x | 1.28x | CN¥-106.27 Million |
Industry Comparison
This section compares Newcapec Electronics Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newcapec Electronics Co Ltd (300248) | CN¥2.27 Billion | 30.39% | 0.24x | $450.87 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |