Sichuan Zhongguang Lightning Protection Technologies Co Ltd
Sichuan Zhongguang Lightning Protection Technologies Co., Ltd. engages in the provision of lightning protection solutions in China and internationally. The company offers lighting rods, earthing products, power supply SPD, SSD, signaling SPD, antenna feeder SPD, combined SPD, intelligent SPD, distributed fault location products, lightning monitoring and warning systems, lightning counters, PDU, p… Read more
Sichuan Zhongguang Lightning Protection Technologies Co Ltd (300414) - Net Assets
Latest net assets as of September 2025: CN¥993.99 Million CNY
Based on the latest financial reports, Sichuan Zhongguang Lightning Protection Technologies Co Ltd (300414) has net assets worth CN¥993.99 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.21 Billion) and total liabilities (CN¥214.49 Million). 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¥993.99 Million |
| % of Total Assets | 82.25% |
| Annual Growth Rate | 15.23% |
| 5-Year Change | 9.7% |
| 10-Year Change | 44.87% |
| Growth Volatility | 29.44 |
Sichuan Zhongguang Lightning Protection Technologies Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Sichuan Zhongguang Lightning Protection Technologies 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 Sichuan Zhongguang Lightning Protection Technologies Co Ltd (2011–2024)
The table below shows the annual net assets of Sichuan Zhongguang Lightning Protection Technologies Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥981.66 Million | +0.32% |
| 2023-12-31 | CN¥978.54 Million | +3.17% |
| 2022-12-31 | CN¥948.44 Million | +2.71% |
| 2021-12-31 | CN¥923.40 Million | +3.19% |
| 2020-12-31 | CN¥894.83 Million | +1.76% |
| 2019-12-31 | CN¥879.33 Million | +4.04% |
| 2018-12-31 | CN¥845.22 Million | +4.90% |
| 2017-12-31 | CN¥805.77 Million | +12.67% |
| 2016-12-31 | CN¥715.15 Million | +5.54% |
| 2015-12-31 | CN¥677.60 Million | +113.21% |
| 2014-12-31 | CN¥317.81 Million | +37.04% |
| 2013-12-31 | CN¥231.91 Million | +20.19% |
| 2012-12-31 | CN¥192.95 Million | +24.11% |
| 2011-12-31 | CN¥155.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Zhongguang Lightning Protection Technologies 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 818.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥461.14 Million | 46.99% |
| Common Stock | CN¥326.02 Million | 33.22% |
| Other Components | CN¥194.10 Million | 19.78% |
| Total Equity | CN¥981.26 Million | 100.00% |
Sichuan Zhongguang Lightning Protection Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Zhongguang Lightning Protection Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHIZUOKA GAS CO. LTD.
F:1KS
|
$339.77 Million |
|
Hynar Water Group Co. Ltd.
SHE:300961
|
$339.95 Million |
|
Iteos Therapeutics Inc
NASDAQ:ITOS
|
$339.96 Million |
|
Zhejiang Kan Specialities Material Co Ltd
SHE:002012
|
$340.02 Million |
|
Henan Huaying Agricultural Development Co Ltd
SHE:002321
|
$339.71 Million |
|
SIGNATUREGLOBAL (INDIA) LIMITED
NSE:SIGNATURE
|
$339.66 Million |
|
Atrium Mortgage Investment Corporation
PINK:AMIVF
|
$339.62 Million |
|
HCR Co Ltd
SHG:688500
|
$339.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Zhongguang Lightning Protection Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 977,940,693 to 981,264,177, a change of 3,323,484 (0.3%).
- Net income of 8,158,937 contributed positively to equity growth.
- Dividend payments of 4,890,291 reduced retained earnings.
- Other comprehensive income decreased equity by 59,007,612.
- Other factors increased equity by 59,062,450.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.16 Million | +0.83% |
| Dividends Paid | CN¥4.89 Million | -0.5% |
| Other Comprehensive Income | CN¥-59.01 Million | -6.01% |
| Other Changes | CN¥59.06 Million | +6.02% |
| Total Change | CN¥- | 0.34% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Zhongguang Lightning Protection Technologies 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: 3.88x
- 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 decreased from 20.44x to 3.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.69 | CN¥14.01 | x |
| 2012-12-31 | CN¥0.81 | CN¥14.01 | x |
| 2013-12-31 | CN¥0.97 | CN¥14.01 | x |
| 2014-12-31 | CN¥2.64 | CN¥14.01 | x |
| 2015-12-31 | CN¥2.88 | CN¥14.01 | x |
| 2016-12-31 | CN¥2.22 | CN¥14.01 | x |
| 2017-12-31 | CN¥2.53 | CN¥14.01 | x |
| 2018-12-31 | CN¥2.55 | CN¥14.01 | x |
| 2019-12-31 | CN¥2.72 | CN¥14.01 | x |
| 2020-12-31 | CN¥2.78 | CN¥14.01 | x |
| 2021-12-31 | CN¥2.88 | CN¥14.01 | x |
| 2022-12-31 | CN¥2.94 | CN¥14.01 | x |
| 2023-12-31 | CN¥3.06 | CN¥14.01 | x |
| 2024-12-31 | CN¥3.61 | CN¥14.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Zhongguang Lightning Protection Technologies 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): 0.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.91%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.20x
- Recent ROE (0.83%) is below the historical average (10.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.66% | 18.27% | 0.80x | 1.55x | CN¥19.68 Million |
| 2012 | 22.15% | 19.05% | 0.86x | 1.36x | CN¥23.44 Million |
| 2013 | 20.10% | 17.42% | 0.80x | 1.44x | CN¥23.42 Million |
| 2014 | 30.71% | 21.38% | 0.98x | 1.47x | CN¥65.81 Million |
| 2015 | 11.89% | 22.40% | 0.45x | 1.18x | CN¥12.82 Million |
| 2016 | 8.08% | 18.27% | 0.38x | 1.16x | CN¥-13.74 Million |
| 2017 | 4.78% | 10.57% | 0.38x | 1.20x | CN¥-42.00 Million |
| 2018 | 6.34% | 14.11% | 0.38x | 1.17x | CN¥-30.90 Million |
| 2019 | 5.66% | 12.47% | 0.40x | 1.15x | CN¥-38.23 Million |
| 2020 | 3.52% | 7.11% | 0.41x | 1.19x | CN¥-58.41 Million |
| 2021 | 3.10% | 4.92% | 0.51x | 1.23x | CN¥-64.69 Million |
| 2022 | 2.59% | 4.46% | 0.47x | 1.24x | CN¥-70.99 Million |
| 2023 | 2.62% | 4.61% | 0.47x | 1.20x | CN¥-72.19 Million |
| 2024 | 0.83% | 1.91% | 0.36x | 1.20x | CN¥-89.97 Million |
Industry Comparison
This section compares Sichuan Zhongguang Lightning Protection Technologies Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Zhongguang Lightning Protection Technologies Co Ltd (300414) | CN¥993.99 Million | 22.66% | 0.22x | $339.72 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |