Chongqing Mas Sci&Tech (300275) - Net Assets
Based on the latest financial reports, Chongqing Mas Sci&Tech (300275) has net assets worth CN¥956.04 Million CNY (≈ $139.90 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.33 Billion ≈ $195.27 Million USD) and total liabilities (CN¥378.41 Million ≈ $55.37 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. Read Chongqing Mas Sci&Tech debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥956.04 Million |
| % of Total Assets | 71.64% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | 30.28% |
| 10-Year Change | 78.06% |
| Growth Volatility | 93.68 |
Chongqing Mas Sci&Tech - Net Assets Trend (2008–2025)
This chart illustrates how Chongqing Mas Sci&Tech's net assets have evolved over time, based on quarterly financial data. Also explore Chongqing Mas Sci&Tech asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Chongqing Mas Sci&Tech (2008–2025)
The table below shows the annual net assets of Chongqing Mas Sci&Tech from 2008 to 2025. For live valuation and market cap data, see market value of Chongqing Mas Sci&Tech.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥944.66 Million ≈ $138.23 Million |
+5.67% |
| 2024-12-31 | CN¥894.00 Million ≈ $130.82 Million |
+5.84% |
| 2023-12-31 | CN¥844.69 Million ≈ $123.60 Million |
+8.75% |
| 2022-12-31 | CN¥776.74 Million ≈ $113.66 Million |
+7.12% |
| 2021-12-31 | CN¥725.09 Million ≈ $106.10 Million |
+34.11% |
| 2020-12-31 | CN¥540.68 Million ≈ $79.12 Million |
+6.63% |
| 2019-12-31 | CN¥507.08 Million ≈ $74.20 Million |
-22.46% |
| 2018-12-31 | CN¥653.92 Million ≈ $95.69 Million |
-7.78% |
| 2017-12-31 | CN¥709.06 Million ≈ $103.76 Million |
+33.65% |
| 2016-12-31 | CN¥530.53 Million ≈ $77.63 Million |
-12.21% |
| 2015-12-31 | CN¥604.32 Million ≈ $88.43 Million |
-14.79% |
| 2014-12-31 | CN¥709.21 Million ≈ $103.78 Million |
+4.78% |
| 2013-12-31 | CN¥676.86 Million ≈ $99.05 Million |
+20.25% |
| 2012-12-31 | CN¥562.85 Million ≈ $82.36 Million |
+12.30% |
| 2011-12-31 | CN¥501.19 Million ≈ $73.34 Million |
+397.64% |
| 2010-12-31 | CN¥100.71 Million ≈ $14.74 Million |
+73.16% |
| 2009-12-31 | CN¥58.16 Million ≈ $8.51 Million |
+62.85% |
| 2008-12-31 | CN¥35.72 Million ≈ $5.23 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Mas Sci&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 1013.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥247.08 Million | 26.17% |
| Other Components | CN¥697.18 Million | 73.83% |
| Total Equity | CN¥944.26 Million | 100.00% |
Chongqing Mas Sci&Tech Competitors by Market Cap
The table below lists competitors of Chongqing Mas Sci&Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allied Electronics Corporation Ltd
JSE:AEL
|
$480.48 Million |
|
Picpay Holdings Netherlands N.V. Class A Common Shares
NASDAQ:PICS
|
$480.53 Million |
|
Freegold Ventures Limited
TO:FVL
|
$480.59 Million |
|
Aekyung Petrochemical Co Ltd
KO:161000
|
$480.64 Million |
|
Carter Bank and Trust
NASDAQ:CARE
|
$480.17 Million |
|
Suli Co Ltd
SHG:603585
|
$480.11 Million |
|
Global Medical REIT Inc.
NYSE:GMRE
|
$479.58 Million |
|
China Datang Corporation Renewable Power Co. Limited
STU:DT7
|
$479.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Mas Sci&Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 893,766,564 to 944,259,577, a change of 50,493,013 (5.6%).
- Net income of 40,773,703 contributed positively to equity growth.
- Dividend payments of 12,294,353 reduced retained earnings.
- Other factors increased equity by 22,013,663.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.77 Million | +4.32% |
| Dividends Paid | CN¥12.29 Million | -1.3% |
| Other Changes | CN¥22.01 Million | +2.33% |
| Total Change | CN¥- | 5.65% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Mas Sci&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: 3.48x
- 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 3.24x to 3.48x 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¥3.29 | CN¥10.66 | x |
| 2018-12-31 | CN¥2.93 | CN¥10.66 | x |
| 2019-12-31 | CN¥3.00 | CN¥10.66 | x |
| 2020-12-31 | CN¥3.19 | CN¥10.66 | x |
| 2021-12-31 | CN¥3.85 | CN¥10.66 | x |
| 2022-12-31 | CN¥4.13 | CN¥10.66 | x |
| 2023-12-31 | CN¥2.79 | CN¥10.66 | x |
| 2024-12-31 | CN¥2.93 | CN¥10.66 | x |
| 2025-12-31 | CN¥3.07 | CN¥10.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Mas Sci&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): 4.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.36%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.43x
- Recent ROE (4.32%) is below the historical average (10.48%), 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 | 50.55% | 24.19% | 0.81x | 2.57x | CN¥14.48 Million |
| 2009 | 43.75% | 26.62% | 0.99x | 1.66x | CN¥19.63 Million |
| 2010 | 42.25% | 32.50% | 0.91x | 1.43x | CN¥32.48 Million |
| 2011 | 12.19% | 32.68% | 0.34x | 1.09x | CN¥10.96 Million |
| 2012 | 15.13% | 34.49% | 0.40x | 1.10x | CN¥28.85 Million |
| 2013 | 15.12% | 33.42% | 0.41x | 1.10x | CN¥34.43 Million |
| 2014 | 4.35% | 10.95% | 0.34x | 1.18x | CN¥-38.76 Million |
| 2015 | -11.35% | -47.77% | 0.16x | 1.47x | CN¥-124.96 Million |
| 2016 | -13.61% | -40.78% | 0.19x | 1.79x | CN¥-121.24 Million |
| 2017 | 7.77% | 14.57% | 0.29x | 1.86x | CN¥-12.04 Million |
| 2018 | -12.40% | -25.45% | 0.24x | 2.07x | CN¥-107.72 Million |
| 2019 | 5.27% | 9.82% | 0.36x | 1.51x | CN¥-23.88 Million |
| 2020 | 5.02% | 9.51% | 0.33x | 1.62x | CN¥-26.84 Million |
| 2021 | 4.03% | 9.45% | 0.27x | 1.59x | CN¥-43.20 Million |
| 2022 | 4.81% | 9.94% | 0.31x | 1.56x | CN¥-40.28 Million |
| 2023 | 5.29% | 10.35% | 0.32x | 1.58x | CN¥-39.74 Million |
| 2024 | 6.22% | 11.10% | 0.37x | 1.51x | CN¥-33.79 Million |
| 2025 | 4.32% | 9.36% | 0.32x | 1.43x | CN¥-53.65 Million |
Industry Comparison
This section compares Chongqing Mas Sci&Tech's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,104,495,350
- Average return on equity (ROE) among peers: 11.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Mas Sci&Tech (300275) | CN¥956.04 Million | 50.55% | 0.40x | $480.46 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $828.28 Million | 14.15% | 0.40x | $8.56 Billion |
| Shenzhen Infinova Ltd (002528) | $2.93 Billion | 4.34% | 0.51x | $764.76 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $646.53 Million | 9.94% | 0.36x | $443.88 Million |
| Jade Bird Fire Alarm (002960) | $423.84 Million | 35.51% | 0.60x | $1.39 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $171.90 Million | 40.68% | 1.32x | $655.73 Million |
| Hangzhou Century Co Ltd (300078) | $1.17 Billion | 7.35% | 0.06x | $572.53 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.28 Billion | -4.05% | 0.12x | $399.13 Million |
| Xiamen Meiya Pico Information (300188) | $1.89 Billion | 9.65% | 0.39x | $1.49 Billion |
| Joyware Electronics Co Ltd (300270) | $600.60 Million | -10.46% | 0.47x | $577.80 Million |
About Chongqing Mas Sci&Tech
Chongqing Mas Sci.&Tech.Co.,Ltd. engages in the research, development, design, production, marketing, operation, and maintenance of technologies and equipment in the field of the Internet of Things and security in China. It is also involved in mining, environmental protection, and city management businesses. In addition, the company offers flammable gas monitoring products and environmental prote… Read more