Guangdong Eastone Century Technology Co Ltd (300310) - Net Assets
Based on the latest financial reports, Guangdong Eastone Century Technology Co Ltd (300310) has net assets worth CN¥1.87 Billion CNY (≈ $273.36 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¥3.10 Billion ≈ $453.44 Million USD) and total liabilities (CN¥1.23 Billion ≈ $180.08 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 300310 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.87 Billion |
| % of Total Assets | 60.28% |
| Annual Growth Rate | 21.55% |
| 5-Year Change | 8.61% |
| 10-Year Change | 154.78% |
| Growth Volatility | 70.7 |
Guangdong Eastone Century Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Guangdong Eastone Century Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Eastone Century Technology Co asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Eastone Century Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Guangdong Eastone Century Technology Co Ltd from 2009 to 2024. For live valuation and market cap data, see Guangdong Eastone Century Technology Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion ≈ $271.32 Million |
-1.51% |
| 2023-12-31 | CN¥1.88 Billion ≈ $275.49 Million |
+4.90% |
| 2022-12-31 | CN¥1.79 Billion ≈ $262.61 Million |
+2.90% |
| 2021-12-31 | CN¥1.74 Billion ≈ $255.21 Million |
+2.16% |
| 2020-12-31 | CN¥1.71 Billion ≈ $249.81 Million |
-2.01% |
| 2019-12-31 | CN¥1.74 Billion ≈ $254.93 Million |
+14.16% |
| 2018-12-31 | CN¥1.53 Billion ≈ $223.31 Million |
-57.12% |
| 2017-12-31 | CN¥3.56 Billion ≈ $520.76 Million |
+50.70% |
| 2016-12-31 | CN¥2.36 Billion ≈ $345.56 Million |
+224.49% |
| 2015-12-31 | CN¥727.74 Million ≈ $106.49 Million |
+7.75% |
| 2014-12-31 | CN¥675.40 Million ≈ $98.83 Million |
+6.02% |
| 2013-12-31 | CN¥637.06 Million ≈ $93.22 Million |
+6.44% |
| 2012-12-31 | CN¥598.52 Million ≈ $87.58 Million |
+180.43% |
| 2011-12-31 | CN¥213.43 Million ≈ $31.23 Million |
+33.99% |
| 2010-12-31 | CN¥159.29 Million ≈ $23.31 Million |
+60.45% |
| 2009-12-31 | CN¥99.28 Million ≈ $14.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Eastone Century Technology 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 1666.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.13 Billion | 168.07% |
| Total Equity | CN¥1.86 Billion | 100.00% |
Guangdong Eastone Century Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Eastone Century Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiahe Foods Industry Co. Ltd.
SHG:605300
|
$738.07 Million |
|
Beijing Dataway Horizon Co. Ltd
SHE:301169
|
$738.14 Million |
|
Heartland Express Inc
NASDAQ:HTLD
|
$738.15 Million |
|
Mirle Automation Corp
TW:2464
|
$738.24 Million |
|
Tipco Asphalt Public Company Limited
BK:TASCO-R
|
$737.94 Million |
|
Jilin Yatai Group Co Ltd
SHG:600881
|
$737.83 Million |
|
Chongqing Shunbo Aluminum Co Ltd
SHE:002996
|
$737.64 Million |
|
Xinjiang Machinery Research Inst
SHE:300159
|
$737.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Eastone Century Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,876,317,040 to 1,863,374,565, a change of -12,942,475 (-0.7%).
- Net loss of 30,349,946 reduced equity.
- Dividend payments of 2,776,724 reduced retained earnings.
- Other factors increased equity by 20,184,195.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-30.35 Million | -1.63% |
| Dividends Paid | CN¥2.78 Million | -0.15% |
| Other Changes | CN¥20.18 Million | +1.08% |
| Total Change | CN¥- | -0.69% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Eastone Century Technology 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: 2.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.44x to 2.71x 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¥3.98 | CN¥5.72 | x |
| 2018-12-31 | CN¥1.75 | CN¥5.72 | x |
| 2019-12-31 | CN¥1.99 | CN¥5.72 | x |
| 2020-12-31 | CN¥1.96 | CN¥5.72 | x |
| 2021-12-31 | CN¥2.00 | CN¥5.72 | x |
| 2022-12-31 | CN¥2.05 | CN¥5.72 | x |
| 2023-12-31 | CN¥2.13 | CN¥5.72 | x |
| 2024-12-31 | CN¥2.11 | CN¥5.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Eastone Century Technology 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): -1.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.21%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.66x
- Recent ROE (-1.63%) is below the historical average (1.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 33.12% | 9.10% | 2.53x | 1.44x | CN¥22.88 Million |
| 2010 | 31.81% | 11.95% | 1.70x | 1.57x | CN¥34.62 Million |
| 2011 | 30.19% | 12.33% | 1.71x | 1.43x | CN¥43.06 Million |
| 2012 | 11.76% | 11.45% | 0.82x | 1.25x | CN¥10.52 Million |
| 2013 | 6.05% | 5.46% | 0.86x | 1.29x | CN¥-25.17 Million |
| 2014 | 7.03% | 5.22% | 0.94x | 1.43x | CN¥-20.06 Million |
| 2015 | 8.61% | 5.28% | 1.09x | 1.50x | CN¥-10.11 Million |
| 2016 | 7.24% | 9.38% | 0.56x | 1.38x | CN¥-65.00 Million |
| 2017 | 6.50% | 8.96% | 0.57x | 1.28x | CN¥-124.70 Million |
| 2018 | -127.59% | -76.38% | 1.03x | 1.63x | CN¥-2.12 Billion |
| 2019 | 1.80% | 1.28% | 0.98x | 1.45x | CN¥-144.03 Million |
| 2020 | 1.21% | 0.94% | 0.87x | 1.48x | CN¥-151.63 Million |
| 2021 | 3.06% | 2.30% | 0.86x | 1.55x | CN¥-122.10 Million |
| 2022 | 1.09% | 0.76% | 0.87x | 1.65x | CN¥-160.82 Million |
| 2023 | 2.57% | 1.81% | 0.83x | 1.71x | CN¥-139.44 Million |
| 2024 | -1.63% | -1.21% | 0.81x | 1.66x | CN¥-216.69 Million |
Industry Comparison
This section compares Guangdong Eastone Century Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Eastone Century Technology Co Ltd (300310) | CN¥1.87 Billion | 33.12% | 0.66x | $737.96 Million |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About Guangdong Eastone Century Technology Co Ltd
Eastone Century Technology Co.,Ltd. provides communication network technology services and system solutions to telecom operators and equipment manufacturers in China. The company offers communication network engineering, communication network maintenance, and communication network optimization services; value-added service platforms and applications for operators and government and enterprise cus… Read more