Newcapec Electronics Co Ltd (300248) - Net Assets
Based on the latest financial reports, Newcapec Electronics Co Ltd (300248) has net assets worth CN¥2.27 Billion CNY (≈ $332.55 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¥2.82 Billion ≈ $412.61 Million USD) and total liabilities (CN¥547.08 Million ≈ $80.06 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 Newcapec Electronics Co Ltd (300248) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 300248 market cap.
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. Also explore 300248 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.32 Billion ≈ $339.90 Million |
+2.74% |
| 2023-12-31 | CN¥2.26 Billion ≈ $330.85 Million |
+3.38% |
| 2022-12-31 | CN¥2.19 Billion ≈ $320.03 Million |
+4.10% |
| 2021-12-31 | CN¥2.10 Billion ≈ $307.43 Million |
+12.60% |
| 2020-12-31 | CN¥1.87 Billion ≈ $273.02 Million |
+6.49% |
| 2019-12-31 | CN¥1.75 Billion ≈ $256.37 Million |
+19.75% |
| 2018-12-31 | CN¥1.46 Billion ≈ $214.09 Million |
+5.98% |
| 2017-12-31 | CN¥1.38 Billion ≈ $202.01 Million |
+13.41% |
| 2016-12-31 | CN¥1.22 Billion ≈ $178.12 Million |
+47.68% |
| 2015-12-31 | CN¥824.23 Million ≈ $120.61 Million |
+49.63% |
| 2014-12-31 | CN¥550.84 Million ≈ $80.61 Million |
+7.71% |
| 2013-12-31 | CN¥511.43 Million ≈ $74.84 Million |
+4.06% |
| 2012-12-31 | CN¥491.46 Million ≈ $71.92 Million |
+7.25% |
| 2011-12-31 | CN¥458.24 Million ≈ $67.06 Million |
+291.20% |
| 2010-12-31 | CN¥117.14 Million ≈ $17.14 Million |
+90.88% |
| 2009-12-31 | CN¥61.37 Million ≈ $8.98 Million |
+47.14% |
| 2008-12-31 | CN¥41.71 Million ≈ $6.10 Million |
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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 |
|---|---|
|
Shandong Oriental Ocean Sci-Tech Co Ltd
SHE:002086
|
$564.71 Million |
|
Kido Group Corp
VN:KDC
|
$564.86 Million |
|
Regulus Therapeutics Inc
NASDAQ:RGLS
|
$564.95 Million |
|
Zhejiang Viewshine Intelligent Meter Co Ltd
SHE:002849
|
$565.00 Million |
|
XMax Inc.
NASDAQ:XMAX
|
$564.47 Million |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
$564.32 Million |
|
ForFarmers NV
AS:FFARM
|
$564.30 Million |
|
Hainan RuiZe New Building Material Co Ltd
SHE:002596
|
$564.24 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: 1.78x
- 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 51.67x to 1.78x 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¥8.10 | x |
| 2009-12-31 | CN¥0.22 | CN¥8.10 | x |
| 2010-12-31 | CN¥0.38 | CN¥8.10 | x |
| 2011-12-31 | CN¥1.25 | CN¥8.10 | x |
| 2012-12-31 | CN¥1.14 | CN¥8.10 | x |
| 2013-12-31 | CN¥1.16 | CN¥8.10 | x |
| 2014-12-31 | CN¥1.22 | CN¥8.10 | x |
| 2015-12-31 | CN¥1.86 | CN¥8.10 | x |
| 2016-12-31 | CN¥2.62 | CN¥8.10 | x |
| 2017-12-31 | CN¥2.73 | CN¥8.10 | x |
| 2018-12-31 | CN¥2.98 | CN¥8.10 | x |
| 2019-12-31 | CN¥3.45 | CN¥8.10 | x |
| 2020-12-31 | CN¥3.71 | CN¥8.10 | x |
| 2021-12-31 | CN¥4.07 | CN¥8.10 | x |
| 2022-12-31 | CN¥4.24 | CN¥8.10 | x |
| 2023-12-31 | CN¥4.41 | CN¥8.10 | x |
| 2024-12-31 | CN¥4.54 | CN¥8.10 | 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: $2,175,663,497
- Average return on equity (ROE) among peers: 1.43%
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 | $564.61 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $800.42 Million | 5.76% | 0.80x | $2.23 Billion |
| Oriental Times Media Corp (002175) | $1.13 Billion | -24.00% | 0.89x | $485.77 Million |
| Changchun UP Optotech Co Ltd (002338) | $1.47 Billion | 5.91% | 0.49x | $1.41 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $2.36 Billion | 5.50% | 0.29x | $908.86 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $3.78 Billion | 6.41% | 1.21x | $803.87 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.96 Billion | -4.85% | 0.30x | $1.57 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $3.30 Billion | 1.77% | 0.25x | $7.57 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $726.11 Million | 9.95% | 0.28x | $708.05 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.59 Billion | 6.52% | 0.18x | $680.06 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $658.24 Million | 1.34% | 0.76x | $504.55 Million |
About 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