Goldcard High-Tech Co Ltd (300349) - Net Assets
Based on the latest financial reports, Goldcard High-Tech Co Ltd (300349) has net assets worth CN¥4.36 Billion CNY (≈ $638.44 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¥7.07 Billion ≈ $1.03 Billion USD) and total liabilities (CN¥2.70 Billion ≈ $395.73 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 how resilient are Goldcard High-Tech Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore 300349 asset base for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300349 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.43 Billion ≈ $648.90 Million |
+2.53% |
| 2023-12-31 | CN¥4.33 Billion ≈ $632.89 Million |
+9.86% |
| 2022-12-31 | CN¥3.94 Billion ≈ $576.11 Million |
+6.99% |
| 2021-12-31 | CN¥3.68 Billion ≈ $538.45 Million |
+2.58% |
| 2020-12-31 | CN¥3.59 Billion ≈ $524.90 Million |
-3.42% |
| 2019-12-31 | CN¥3.71 Billion ≈ $543.48 Million |
+5.64% |
| 2018-12-31 | CN¥3.52 Billion ≈ $514.45 Million |
+15.73% |
| 2017-12-31 | CN¥3.04 Billion ≈ $444.54 Million |
+9.34% |
| 2016-12-31 | CN¥2.78 Billion ≈ $406.59 Million |
+178.73% |
| 2015-12-31 | CN¥996.84 Million ≈ $145.87 Million |
+7.07% |
| 2014-12-31 | CN¥931.03 Million ≈ $136.24 Million |
+16.92% |
| 2013-12-31 | CN¥796.29 Million ≈ $116.52 Million |
+25.63% |
| 2012-12-31 | CN¥633.82 Million ≈ $92.75 Million |
+428.59% |
| 2011-12-31 | CN¥119.91 Million ≈ $17.55 Million |
+62.03% |
| 2010-12-31 | CN¥74.00 Million ≈ $10.83 Million |
+82.42% |
| 2009-12-31 | CN¥40.57 Million ≈ $5.94 Million |
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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 |
|---|---|
|
ORIENT SECUR.CO.LTD.H YC1
F:OS9
|
$798.57 Million |
|
WESTLIFE FOODWORLD LIMITED
NSE:WESTLIFE
|
$798.76 Million |
|
Metro Healthcare Indonesia
JK:CARE
|
$798.81 Million |
|
First Watch Restaurant Group Inc
NASDAQ:FWRG
|
$798.91 Million |
|
SS Innovations International Inc. Common Stock
NASDAQ:SSII
|
$798.52 Million |
|
G-Shank Enterprise Co Ltd
TW:2476
|
$798.50 Million |
|
Kvutzat Acro Ltd.
TA:ACRO
|
$798.22 Million |
|
Relmada Therapeutics Inc
NASDAQ:RLMD
|
$798.21 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: 1.23x
- 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 1.86x to 1.23x 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¥13.08 | x |
| 2018-12-31 | CN¥8.12 | CN¥13.08 | x |
| 2019-12-31 | CN¥8.59 | CN¥13.08 | x |
| 2020-12-31 | CN¥8.30 | CN¥13.08 | x |
| 2021-12-31 | CN¥8.56 | CN¥13.08 | x |
| 2022-12-31 | CN¥9.13 | CN¥13.08 | x |
| 2023-12-31 | CN¥10.21 | CN¥13.08 | x |
| 2024-12-31 | CN¥10.60 | CN¥13.08 | 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: $865,454,265
- Average return on equity (ROE) among peers: 5.33%
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 | $798.55 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $75.19 Million | 20.40% | 0.95x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $840.05 Million | 5.20% | 0.18x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $285.64 Million | 28.39% | 0.38x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $351.64 Million | 18.36% | 1.54x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $4.35 Billion | 22.99% | 0.47x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $148.43 Million | 21.43% | 0.59x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $1.07 Billion | 9.35% | 0.09x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About 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