Sichuan Zhongguang Lightning Protection Technologies Co Ltd (300414) - Net Assets
Based on the latest financial reports, Sichuan Zhongguang Lightning Protection Technologies Co Ltd (300414) has net assets worth CN¥1.00 Billion CNY (≈ $146.45 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¥1.21 Billion ≈ $176.93 Million USD) and total liabilities (CN¥208.31 Million ≈ $30.48 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 tangible is Sichuan Zhongguang Lightning Protection 's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.00 Billion |
| % of Total Assets | 82.77% |
| Annual Growth Rate | 14.16% |
| 5-Year Change | 7.49% |
| 10-Year Change | 38.79% |
| Growth Volatility | 28.7 |
Sichuan Zhongguang Lightning Protection Technologies Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Sichuan Zhongguang Lightning Protection Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300414 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sichuan Zhongguang Lightning Protection Technologies Co Ltd (2011–2025)
The table below shows the annual net assets of Sichuan Zhongguang Lightning Protection Technologies Co Ltd from 2011 to 2025. For live valuation and market cap data, see Sichuan Zhongguang Lightning Protection (300414) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥992.53 Million ≈ $145.24 Million |
+1.11% |
| 2024-12-31 | CN¥981.66 Million ≈ $143.65 Million |
+0.32% |
| 2023-12-31 | CN¥978.54 Million ≈ $143.19 Million |
+3.17% |
| 2022-12-31 | CN¥948.44 Million ≈ $138.79 Million |
+2.71% |
| 2021-12-31 | CN¥923.40 Million ≈ $135.12 Million |
+3.19% |
| 2020-12-31 | CN¥894.83 Million ≈ $130.94 Million |
+1.76% |
| 2019-12-31 | CN¥879.33 Million ≈ $128.67 Million |
+4.04% |
| 2018-12-31 | CN¥845.22 Million ≈ $123.68 Million |
+4.90% |
| 2017-12-31 | CN¥805.77 Million ≈ $117.91 Million |
+12.67% |
| 2016-12-31 | CN¥715.15 Million ≈ $104.65 Million |
+5.54% |
| 2015-12-31 | CN¥677.60 Million ≈ $99.15 Million |
+113.21% |
| 2014-12-31 | CN¥317.81 Million ≈ $46.51 Million |
+37.04% |
| 2013-12-31 | CN¥231.91 Million ≈ $33.94 Million |
+20.19% |
| 2012-12-31 | CN¥192.95 Million ≈ $28.23 Million |
+24.11% |
| 2011-12-31 | CN¥155.46 Million ≈ $22.75 Million |
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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 841.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥472.65 Million | 47.62% |
| Other Components | CN¥519.90 Million | 52.38% |
| Total Equity | CN¥992.55 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 |
|---|---|
|
Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485
|
$574.44 Million |
|
Fujian Rongji Software Co Ltd
SHE:002474
|
$574.51 Million |
|
China Master Logistics Co Ltd
SHG:603967
|
$574.75 Million |
|
SeaBird Exploration Plc
OL:SBX
|
$574.77 Million |
|
Heren Health Co Ltd
SHE:300550
|
$574.39 Million |
|
Invesco Mortgage Capital Inc
NYSE:IVR
|
$574.32 Million |
|
DXN HOLDINGS BHD.
KLSE:5318
|
$574.25 Million |
|
RMK Energy PT Tbk
JK:RMKE
|
$574.24 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 2024 to 2025, total equity changed from 981,264,177 to 992,547,327, a change of 11,283,150 (1.1%).
- Net income of 17,384,310 contributed positively to equity growth.
- Dividend payments of 3,260,195 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥17.38 Million | +1.75% |
| Dividends Paid | CN¥3.26 Million | -0.33% |
| Other Changes | CN¥-2.84 Million | -0.29% |
| Total Change | CN¥- | 1.15% |
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: 3.95x
- 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 17.57x to 3.95x 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¥12.04 | x |
| 2012-12-31 | CN¥0.81 | CN¥12.04 | x |
| 2013-12-31 | CN¥0.97 | CN¥12.04 | x |
| 2014-12-31 | CN¥1.32 | CN¥12.04 | x |
| 2015-12-31 | CN¥2.88 | CN¥12.04 | x |
| 2016-12-31 | CN¥2.21 | CN¥12.04 | x |
| 2017-12-31 | CN¥2.53 | CN¥12.04 | x |
| 2018-12-31 | CN¥2.57 | CN¥12.04 | x |
| 2019-12-31 | CN¥2.72 | CN¥12.04 | x |
| 2020-12-31 | CN¥2.78 | CN¥12.04 | x |
| 2021-12-31 | CN¥2.90 | CN¥12.04 | x |
| 2022-12-31 | CN¥3.09 | CN¥12.04 | x |
| 2023-12-31 | CN¥3.06 | CN¥12.04 | x |
| 2024-12-31 | CN¥3.61 | CN¥12.04 | x |
| 2025-12-31 | CN¥3.04 | CN¥12.04 | 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): 1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.20x
- Recent ROE (1.75%) is below the historical average (9.79%), 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 |
| 2025 | 1.75% | 3.62% | 0.40x | 1.20x | CN¥-81.87 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: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Zhongguang Lightning Protection Technologies Co Ltd (300414) | CN¥1.00 Billion | 22.66% | 0.21x | $574.39 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About 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