Ningbo Exciton Technology Co Ltd (300566) - Net Assets
Based on the latest financial reports, Ningbo Exciton Technology Co Ltd (300566) has net assets worth CN¥2.24 Billion CNY (≈ $327.19 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¥3.52 Billion ≈ $514.59 Million USD) and total liabilities (CN¥1.28 Billion ≈ $187.40 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 Ningbo Exciton Technology Co Ltd (300566) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.24 Billion |
| % of Total Assets | 63.58% |
| Annual Growth Rate | 38.52% |
| 5-Year Change | 26.31% |
| 10-Year Change | 288.14% |
| Growth Volatility | 88.02 |
Ningbo Exciton Technology Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Ningbo Exciton Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300566 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ningbo Exciton Technology Co Ltd (2011–2025)
The table below shows the annual net assets of Ningbo Exciton Technology Co Ltd from 2011 to 2025. For live valuation and market cap data, see market cap of Ningbo Exciton Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.18 Billion ≈ $318.65 Million |
+8.94% |
| 2024-12-31 | CN¥2.00 Billion ≈ $292.49 Million |
+7.38% |
| 2023-12-31 | CN¥1.86 Billion ≈ $272.38 Million |
+7.97% |
| 2022-12-31 | CN¥1.72 Billion ≈ $252.27 Million |
0.00% |
| 2021-12-31 | CN¥1.72 Billion ≈ $252.27 Million |
+103.70% |
| 2020-12-31 | CN¥846.32 Million ≈ $123.84 Million |
+21.63% |
| 2019-12-31 | CN¥695.80 Million ≈ $101.82 Million |
+9.62% |
| 2018-12-31 | CN¥634.72 Million ≈ $92.88 Million |
-4.26% |
| 2017-12-31 | CN¥662.93 Million ≈ $97.01 Million |
+18.16% |
| 2016-12-31 | CN¥561.03 Million ≈ $82.10 Million |
+118.16% |
| 2015-12-31 | CN¥257.17 Million ≈ $37.63 Million |
+26.11% |
| 2014-12-31 | CN¥203.93 Million ≈ $29.84 Million |
+46.98% |
| 2013-12-31 | CN¥138.74 Million ≈ $20.30 Million |
+37.63% |
| 2012-12-31 | CN¥100.81 Million ≈ $14.75 Million |
+343.60% |
| 2011-12-31 | CN¥22.72 Million ≈ $3.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Exciton Technology 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 92360088185.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥921.24 Million | 42.45% |
| Other Components | CN¥1.25 Billion | 57.55% |
| Total Equity | CN¥2.17 Billion | 100.00% |
Ningbo Exciton Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Exciton Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SLC Agrícola S.A
SA:SLCE3
|
$1.32 Billion |
|
Ascletis Pharma Inc
F:2VJ
|
$1.32 Billion |
|
Yunnan Salt & Salt Chemical Industry Co Ltd
SHE:002053
|
$1.32 Billion |
|
Wuxi Zhenhua Auto Parts Co. Ltd.
SHG:605319
|
$1.32 Billion |
|
Wacker Neuson SE
F:WAC
|
$1.32 Billion |
|
IRSA Inversiones Y Representaciones
NYSE:IRS
|
$1.32 Billion |
|
HBIS Resources Co Ltd
SHE:000923
|
$1.32 Billion |
|
Integra LifeSciences Holdings
NASDAQ:IART
|
$1.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Exciton Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,994,092,793 to 2,170,403,680, a change of 176,310,887 (8.8%).
- Net income of 203,682,266 contributed positively to equity growth.
- Dividend payments of 64,921,147 reduced retained earnings.
- Other comprehensive income decreased equity by 209,521,446.
- Other factors increased equity by 247,071,215.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥203.68 Million | +9.38% |
| Dividends Paid | CN¥64.92 Million | -2.99% |
| Other Comprehensive Income | CN¥-209.52 Million | -9.65% |
| Other Changes | CN¥247.07 Million | +11.38% |
| Total Change | CN¥- | 8.84% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Exciton Technology 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: 4.18x
- 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 257.48x to 4.18x 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¥0.13 | CN¥34.41 | x |
| 2012-12-31 | CN¥0.59 | CN¥34.41 | x |
| 2013-12-31 | CN¥0.81 | CN¥34.41 | x |
| 2014-12-31 | CN¥1.18 | CN¥34.41 | x |
| 2015-12-31 | CN¥1.47 | CN¥34.41 | x |
| 2016-12-31 | CN¥3.11 | CN¥34.41 | x |
| 2017-12-31 | CN¥2.66 | CN¥34.41 | x |
| 2018-12-31 | CN¥2.62 | CN¥34.41 | x |
| 2019-12-31 | CN¥2.94 | CN¥34.41 | x |
| 2020-12-31 | CN¥3.56 | CN¥34.41 | x |
| 2021-12-31 | CN¥7.20 | CN¥34.41 | x |
| 2022-12-31 | CN¥6.52 | CN¥34.41 | x |
| 2023-12-31 | CN¥6.99 | CN¥34.41 | x |
| 2024-12-31 | CN¥7.66 | CN¥34.41 | x |
| 2025-12-31 | CN¥8.23 | CN¥34.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Exciton Technology 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): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.58%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.64x
- Recent ROE (9.38%) is below the historical average (15.51%), 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 | 14.68% | 4.20% | 0.77x | 4.55x | CN¥1.06 Million |
| 2012 | 44.47% | 20.06% | 0.83x | 2.67x | CN¥34.75 Million |
| 2013 | 35.27% | 17.23% | 0.63x | 3.24x | CN¥35.06 Million |
| 2014 | 25.59% | 13.36% | 0.55x | 3.51x | CN¥31.79 Million |
| 2015 | 22.29% | 12.13% | 0.46x | 3.98x | CN¥31.61 Million |
| 2016 | 10.56% | 9.69% | 0.45x | 2.44x | CN¥3.15 Million |
| 2017 | 9.53% | 8.18% | 0.46x | 2.53x | CN¥-2.99 Million |
| 2018 | 6.87% | 4.69% | 0.48x | 3.06x | CN¥-19.41 Million |
| 2019 | 9.54% | 5.90% | 0.55x | 2.94x | CN¥-3.12 Million |
| 2020 | 16.58% | 9.63% | 0.62x | 2.78x | CN¥54.26 Million |
| 2021 | 7.08% | 6.19% | 0.55x | 2.08x | CN¥-49.11 Million |
| 2022 | 3.38% | 2.87% | 0.55x | 2.12x | CN¥-111.43 Million |
| 2023 | 7.86% | 6.27% | 0.58x | 2.15x | CN¥-39.20 Million |
| 2024 | 9.53% | 8.74% | 0.59x | 1.85x | CN¥-9.30 Million |
| 2025 | 9.38% | 9.58% | 0.60x | 1.64x | CN¥-13.36 Million |
Industry Comparison
This section compares Ningbo Exciton Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Exciton Technology Co Ltd (300566) | CN¥2.24 Billion | 14.68% | 0.57x | $1.32 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Ningbo Exciton Technology Co Ltd
Ningbo Exciton Technology Co., Ltd. engages in the research and development, manufacture, and sale of optical films and functional films in China. The company operates through four segments: Optoelectronics, Photovoltaics, Automotive, and Batteries. It offers optical film products, including diffusion film, brightness and laminated enhancement film, quantum dot film, laminated silvered reflector,… Read more