Zhengzhou GL Tech Co Ltd (300480) - Net Assets
Based on the latest financial reports, Zhengzhou GL Tech Co Ltd (300480) has net assets worth CN¥1.32 Billion CNY (≈ $193.49 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.96 Billion ≈ $287.40 Million USD) and total liabilities (CN¥641.74 Million ≈ $93.91 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 tangible equity quality of Zhengzhou GL Tech Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.32 Billion |
| % of Total Assets | 67.33% |
| Annual Growth Rate | 16.55% |
| 5-Year Change | 69.69% |
| 10-Year Change | 190.78% |
| Growth Volatility | 22.92 |
Zhengzhou GL Tech Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Zhengzhou GL Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhengzhou GL Tech Co Ltd (300480) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhengzhou GL Tech Co Ltd (2011–2024)
The table below shows the annual net assets of Zhengzhou GL Tech Co Ltd from 2011 to 2024. For live valuation and market cap data, see Zhengzhou GL Tech Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion ≈ $193.93 Million |
-9.29% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.79 Million |
+4.08% |
| 2022-12-31 | CN¥1.40 Billion ≈ $205.40 Million |
+4.10% |
| 2021-12-31 | CN¥1.35 Billion ≈ $197.31 Million |
+72.65% |
| 2020-12-31 | CN¥780.99 Million ≈ $114.28 Million |
+3.92% |
| 2019-12-31 | CN¥751.56 Million ≈ $109.98 Million |
+6.03% |
| 2018-12-31 | CN¥708.85 Million ≈ $103.73 Million |
+5.78% |
| 2017-12-31 | CN¥670.14 Million ≈ $98.06 Million |
+39.90% |
| 2016-12-31 | CN¥479.00 Million ≈ $70.09 Million |
+5.10% |
| 2015-12-31 | CN¥455.76 Million ≈ $66.69 Million |
+56.08% |
| 2014-12-31 | CN¥292.01 Million ≈ $42.73 Million |
+10.26% |
| 2013-12-31 | CN¥264.84 Million ≈ $38.75 Million |
+25.99% |
| 2012-12-31 | CN¥210.21 Million ≈ $30.76 Million |
+16.18% |
| 2011-12-31 | CN¥180.93 Million ≈ $26.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhengzhou GL 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 695.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥316.62 Million | 24.26% |
| Common Stock | CN¥352.77 Million | 27.03% |
| Other Comprehensive Income | CN¥119.07 Million | 9.12% |
| Other Components | CN¥516.55 Million | 39.58% |
| Total Equity | CN¥1.31 Billion | 100.00% |
Zhengzhou GL Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Zhengzhou GL Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LDR Turizm AS
IS:LIDER
|
$1.92 Billion |
|
Yankershop Food Co Ltd
SHE:002847
|
$1.92 Billion |
|
Elekta AB (publ)
ST:EKTA-B
|
$1.92 Billion |
|
Basic Fit NV
AS:BFIT
|
$1.92 Billion |
|
Partner
TA:PTNR
|
$1.92 Billion |
|
Jinyu Bio-Technology Co Ltd
SHG:600201
|
$1.91 Billion |
|
Nyocor Co Ltd
SHG:600821
|
$1.91 Billion |
|
Allied Blenders & Distillers Ltd
NSE:ABDL
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhengzhou GL Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,452,678,279 to 1,305,001,322, a change of -147,676,957 (-10.2%).
- Net loss of 113,081,138 reduced equity.
- Dividend payments of 21,123,710 reduced retained earnings.
- Share repurchases of 21,999,848 reduced equity.
- Other comprehensive income increased equity by 119,068,786.
- Other factors decreased equity by 110,541,047.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-113.08 Million | -8.67% |
| Dividends Paid | CN¥21.12 Million | -1.62% |
| Share Repurchases | CN¥22.00 Million | -1.69% |
| Other Comprehensive Income | CN¥119.07 Million | +9.12% |
| Other Changes | CN¥-110.54 Million | -8.47% |
| Total Change | CN¥- | -10.17% |
Book Value vs Market Value Analysis
This analysis compares Zhengzhou GL 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: 11.48x
- 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 43.36x to 11.48x 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¥0.86 | CN¥37.10 | x |
| 2012-12-31 | CN¥0.90 | CN¥37.10 | x |
| 2013-12-31 | CN¥1.14 | CN¥37.10 | x |
| 2014-12-31 | CN¥1.24 | CN¥37.10 | x |
| 2015-12-31 | CN¥1.66 | CN¥37.10 | x |
| 2016-12-31 | CN¥1.55 | CN¥37.10 | x |
| 2017-12-31 | CN¥2.02 | CN¥37.10 | x |
| 2018-12-31 | CN¥2.14 | CN¥37.10 | x |
| 2019-12-31 | CN¥2.28 | CN¥37.10 | x |
| 2020-12-31 | CN¥2.38 | CN¥37.10 | x |
| 2021-12-31 | CN¥3.83 | CN¥37.10 | x |
| 2022-12-31 | CN¥4.05 | CN¥37.10 | x |
| 2023-12-31 | CN¥3.99 | CN¥37.10 | x |
| 2024-12-31 | CN¥3.23 | CN¥37.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhengzhou GL 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): -8.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.72%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.53x
- Recent ROE (-8.67%) is below the historical average (8.85%), 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 | 21.55% | 35.81% | 0.45x | 1.33x | CN¥20.78 Million |
| 2012 | 21.23% | 33.55% | 0.50x | 1.26x | CN¥23.50 Million |
| 2013 | 20.68% | 38.89% | 0.43x | 1.23x | CN¥28.19 Million |
| 2014 | 11.71% | 26.79% | 0.35x | 1.25x | CN¥4.99 Million |
| 2015 | 5.36% | 20.20% | 0.24x | 1.10x | CN¥-21.11 Million |
| 2016 | 6.51% | 23.39% | 0.24x | 1.16x | CN¥-16.61 Million |
| 2017 | 5.85% | 19.96% | 0.26x | 1.15x | CN¥-27.23 Million |
| 2018 | 6.09% | 16.69% | 0.31x | 1.16x | CN¥-27.15 Million |
| 2019 | 7.61% | 18.92% | 0.33x | 1.22x | CN¥-17.61 Million |
| 2020 | 7.68% | 19.07% | 0.33x | 1.21x | CN¥-17.90 Million |
| 2021 | 8.80% | 22.25% | 0.31x | 1.28x | CN¥-16.03 Million |
| 2022 | 4.67% | 10.60% | 0.35x | 1.28x | CN¥-74.37 Million |
| 2023 | 4.77% | 10.48% | 0.32x | 1.44x | CN¥-76.03 Million |
| 2024 | -8.67% | -19.72% | 0.29x | 1.53x | CN¥-243.58 Million |
Industry Comparison
This section compares Zhengzhou GL Tech 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 |
|---|---|---|---|---|
| Zhengzhou GL Tech Co Ltd (300480) | CN¥1.32 Billion | 21.55% | 0.49x | $1.92 Billion |
| 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 Zhengzhou GL Tech Co Ltd
GL Tech Co.,Ltd provides safety production monitoring equipment and semiconductor packaging and testing equipment in China and internationally. The company offers semiconductor cutting, dicing, and thinning machines for wafer cutting, package cutting, and wafer thinning process in packaging and testing. It also offers sensors, transmitters, detection instruments, control systems, safety equipment… Read more