Goldcard High-Tech Co Ltd
Goldcard Smart Group Co., Ltd. manufactures and sells digital energy products and solutions in China and internationally. The company offers smart gas solutions, such as residential gas meters and smart gas flow meter solutions; smart water solutions; plant stations; and process measurement products. The company was formerly known as Goldcard High-Tech Co., Ltd. and changed its name to Goldcard S… Read more
Goldcard High-Tech Co Ltd (300349) - Net Assets
Latest net assets as of June 2025: CN¥4.36 Billion CNY
Based on the latest financial reports, Goldcard High-Tech Co Ltd (300349) has net assets worth CN¥4.36 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.07 Billion) and total liabilities (CN¥2.70 Billion). 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¥4.36 Billion |
| % of Total Assets | 61.73% |
| Annual Growth Rate | 36.74% |
| 5-Year Change | 23.62% |
| 10-Year Change | 344.85% |
| Growth Volatility | 109.41 |
Goldcard High-Tech Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Goldcard High-Tech 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 Goldcard High-Tech Co Ltd (2009–2024)
The table below shows the annual net assets of Goldcard High-Tech Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.43 Billion | +2.53% |
| 2023-12-31 | CN¥4.33 Billion | +9.86% |
| 2022-12-31 | CN¥3.94 Billion | +6.99% |
| 2021-12-31 | CN¥3.68 Billion | +2.58% |
| 2020-12-31 | CN¥3.59 Billion | -3.42% |
| 2019-12-31 | CN¥3.71 Billion | +5.64% |
| 2018-12-31 | CN¥3.52 Billion | +15.73% |
| 2017-12-31 | CN¥3.04 Billion | +9.34% |
| 2016-12-31 | CN¥2.78 Billion | +178.73% |
| 2015-12-31 | CN¥996.84 Million | +7.07% |
| 2014-12-31 | CN¥931.03 Million | +16.92% |
| 2013-12-31 | CN¥796.29 Million | +25.63% |
| 2012-12-31 | CN¥633.82 Million | +428.59% |
| 2011-12-31 | CN¥119.91 Million | +62.03% |
| 2010-12-31 | CN¥74.00 Million | +82.42% |
| 2009-12-31 | CN¥40.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldcard High-Tech 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 23163.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.02 Billion | 45.47% |
| Other Components | CN¥2.42 Billion | 54.53% |
| Total Equity | CN¥4.43 Billion | 100.00% |
Goldcard High-Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Goldcard High-Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Columbia Financial Inc
NASDAQ:CLBK
|
$460.69 Million |
|
Nagacorp Ltd
PINK:NGCRF
|
$460.72 Million |
|
Sipef S.A.
LSE:0JSU
|
$460.94 Million |
|
Beijing New Oriental Star Petrochemical Engineering Co Ltd
SHE:002755
|
$461.00 Million |
|
DIGITAL CORE REIT
PINK:DGTCF
|
$460.68 Million |
|
Nilfisk Holding A/S
CO:NLFSK
|
$460.67 Million |
|
SK IE Technology Co Ltd
KO:361610
|
$460.54 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
$460.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldcard High-Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,294,768,751 to 4,434,113,116, a change of 139,344,365 (3.2%).
- Net income of 360,102,171 contributed positively to equity growth.
- Dividend payments of 221,246,512 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥360.10 Million | +8.12% |
| Dividends Paid | CN¥221.25 Million | -4.99% |
| Other Changes | CN¥488.71K | +0.01% |
| Total Change | CN¥- | 3.24% |
Book Value vs Market Value Analysis
This analysis compares Goldcard High-Tech 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: 1.35x
- 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 2.04x to 1.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥7.03 | CN¥14.33 | x |
| 2018-12-31 | CN¥8.12 | CN¥14.33 | x |
| 2019-12-31 | CN¥8.59 | CN¥14.33 | x |
| 2020-12-31 | CN¥8.30 | CN¥14.33 | x |
| 2021-12-31 | CN¥8.56 | CN¥14.33 | x |
| 2022-12-31 | CN¥9.13 | CN¥14.33 | x |
| 2023-12-31 | CN¥10.21 | CN¥14.33 | x |
| 2024-12-31 | CN¥10.60 | CN¥14.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldcard High-Tech 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): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.75%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.64x
- Recent ROE (8.12%) is below the historical average (16.41%), 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 | 45.80% | 16.46% | 0.88x | 3.16x | CN¥12.73 Million |
| 2010 | 42.40% | 20.79% | 0.96x | 2.12x | CN¥23.98 Million |
| 2011 | 46.11% | 23.75% | 0.92x | 2.11x | CN¥43.30 Million |
| 2012 | 12.70% | 22.61% | 0.44x | 1.27x | CN¥17.13 Million |
| 2013 | 15.63% | 23.46% | 0.48x | 1.39x | CN¥41.93 Million |
| 2014 | 15.65% | 23.63% | 0.50x | 1.33x | CN¥49.15 Million |
| 2015 | 8.81% | 13.88% | 0.47x | 1.34x | CN¥-11.09 Million |
| 2016 | 3.24% | 10.26% | 0.26x | 1.23x | CN¥-182.97 Million |
| 2017 | 11.57% | 20.63% | 0.42x | 1.34x | CN¥47.16 Million |
| 2018 | 14.29% | 24.42% | 0.45x | 1.31x | CN¥149.57 Million |
| 2019 | 11.41% | 21.31% | 0.40x | 1.34x | CN¥51.86 Million |
| 2020 | 3.13% | 5.76% | 0.37x | 1.47x | CN¥-244.78 Million |
| 2021 | 7.26% | 11.60% | 0.42x | 1.49x | CN¥-100.64 Million |
| 2022 | 6.90% | 9.87% | 0.45x | 1.54x | CN¥-121.36 Million |
| 2023 | 9.52% | 12.87% | 0.44x | 1.68x | CN¥-20.82 Million |
| 2024 | 8.12% | 11.75% | 0.42x | 1.64x | CN¥-83.31 Million |
Industry Comparison
This section compares Goldcard High-Tech 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 |
|---|---|---|---|---|
| Goldcard High-Tech Co Ltd (300349) | CN¥4.36 Billion | 45.80% | 0.62x | $460.68 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 |