Wuhan Jingce Electronic Technology Co Ltd (300567) - Net Assets
Based on the latest financial reports, Wuhan Jingce Electronic Technology Co Ltd (300567) has net assets worth CN¥4.59 Billion CNY (≈ $671.69 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¥10.29 Billion ≈ $1.51 Billion USD) and total liabilities (CN¥5.70 Billion ≈ $833.67 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 300567 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.59 Billion |
| % of Total Assets | 44.62% |
| Annual Growth Rate | 69.27% |
| 5-Year Change | 125.56% |
| 10-Year Change | 1519.09% |
| Growth Volatility | 334.61 |
Wuhan Jingce Electronic Technology Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Wuhan Jingce Electronic Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Wuhan Jingce Electronic Technology Co Lt for the complete picture of this company's asset base.
Annual Net Assets for Wuhan Jingce Electronic Technology Co Ltd (2008–2024)
The table below shows the annual net assets of Wuhan Jingce Electronic Technology Co Ltd from 2008 to 2024. For live valuation and market cap data, see Wuhan Jingce Electronic Technology Co Lt stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.19 Billion ≈ $613.05 Million |
-0.70% |
| 2023-12-31 | CN¥4.22 Billion ≈ $617.39 Million |
+19.65% |
| 2022-12-31 | CN¥3.53 Billion ≈ $515.98 Million |
-0.46% |
| 2021-12-31 | CN¥3.54 Billion ≈ $518.35 Million |
+90.71% |
| 2020-12-31 | CN¥1.86 Billion ≈ $271.79 Million |
+25.27% |
| 2019-12-31 | CN¥1.48 Billion ≈ $216.96 Million |
+22.67% |
| 2018-12-31 | CN¥1.21 Billion ≈ $176.86 Million |
+39.92% |
| 2017-12-31 | CN¥863.83 Million ≈ $126.41 Million |
+20.87% |
| 2016-12-31 | CN¥714.69 Million ≈ $104.58 Million |
+176.20% |
| 2015-12-31 | CN¥258.76 Million ≈ $37.86 Million |
+48.92% |
| 2014-12-31 | CN¥173.76 Million ≈ $25.43 Million |
+32.51% |
| 2013-12-31 | CN¥131.13 Million ≈ $19.19 Million |
+63.71% |
| 2012-12-31 | CN¥80.10 Million ≈ $11.72 Million |
+45.45% |
| 2011-12-31 | CN¥55.07 Million ≈ $8.06 Million |
+28.30% |
| 2010-12-31 | CN¥42.92 Million ≈ $6.28 Million |
+206.86% |
| 2009-12-31 | CN¥13.99 Million ≈ $2.05 Million |
+1417.09% |
| 2008-12-31 | CN¥922.00K ≈ $134.92K |
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Equity Component Analysis
This analysis shows how different components contribute to Wuhan Jingce Electronic 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 104289357584.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.04 Billion | 30.11% |
| Common Stock | CN¥274.19 Million | 7.92% |
| Other Comprehensive Income | CN¥394.92 Million | 11.40% |
| Other Components | CN¥1.75 Billion | 50.58% |
| Total Equity | CN¥3.46 Billion | 100.00% |
Wuhan Jingce Electronic Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Wuhan Jingce Electronic Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COM.INTL BANK ADR/1 O.N.
F:CIN0
|
$5.94 Billion |
|
YTL Corporation Bhd
KLSE:4677
|
$5.95 Billion |
|
TMBThanachart Bank Public Company Limited
F:NVPJ
|
$5.95 Billion |
|
FirstService Corp
TO:FSV
|
$5.95 Billion |
|
Kuala Lumpur Kepong Bhd
KLSE:2445
|
$5.93 Billion |
|
ISS A/S
CO:ISS
|
$5.93 Billion |
|
Reinet Investments S.C.A
AS:REINA
|
$5.93 Billion |
|
EPAM Systems Inc
NYSE:EPAM
|
$5.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhan Jingce Electronic Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,705,568,724 to 3,463,816,767, a change of -241,751,957 (-6.5%).
- Net loss of 97,598,455 reduced equity.
- Dividend payments of 122,501,195 reduced retained earnings.
- Share repurchases of 99,606,595 reduced equity.
- Other comprehensive income increased equity by 172,256,605.
- Other factors decreased equity by 94,302,317.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-97.60 Million | -2.82% |
| Dividends Paid | CN¥122.50 Million | -3.54% |
| Share Repurchases | CN¥99.61 Million | -2.88% |
| Other Comprehensive Income | CN¥172.26 Million | +4.97% |
| Other Changes | CN¥-94.30 Million | -2.72% |
| Total Change | CN¥- | -6.52% |
Book Value vs Market Value Analysis
This analysis compares Wuhan Jingce Electronic 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: 8.51x
- 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 265.98x to 8.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.55 | CN¥145.05 | x |
| 2014-12-31 | CN¥0.69 | CN¥145.05 | x |
| 2015-12-31 | CN¥1.01 | CN¥145.05 | x |
| 2016-12-31 | CN¥2.95 | CN¥145.05 | x |
| 2017-12-31 | CN¥3.56 | CN¥145.05 | x |
| 2018-12-31 | CN¥4.81 | CN¥145.05 | x |
| 2019-12-31 | CN¥5.75 | CN¥145.05 | x |
| 2020-12-31 | CN¥7.12 | CN¥145.05 | x |
| 2021-12-31 | CN¥12.38 | CN¥145.05 | x |
| 2022-12-31 | CN¥11.74 | CN¥145.05 | x |
| 2023-12-31 | CN¥13.46 | CN¥145.05 | x |
| 2024-12-31 | CN¥17.04 | CN¥145.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhan Jingce Electronic 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): -2.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.80%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.91x
- Recent ROE (-2.82%) is below the historical average (18.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -1.24% | -1.85% | 0.36x | 1.87x | CN¥-103.61K |
| 2009 | 29.07% | 46.50% | 0.56x | 1.13x | CN¥2.67 Million |
| 2010 | 16.62% | 45.84% | 0.32x | 1.14x | CN¥2.84 Million |
| 2011 | 24.97% | 41.33% | 0.51x | 1.18x | CN¥8.25 Million |
| 2012 | 31.08% | 38.99% | 0.56x | 1.43x | CN¥16.84 Million |
| 2013 | 38.00% | 34.46% | 0.79x | 1.39x | CN¥36.65 Million |
| 2014 | 30.17% | 19.74% | 0.85x | 1.79x | CN¥33.58 Million |
| 2015 | 31.53% | 18.38% | 0.95x | 1.80x | CN¥52.41 Million |
| 2016 | 13.94% | 18.83% | 0.54x | 1.38x | CN¥27.88 Million |
| 2017 | 19.51% | 18.64% | 0.70x | 1.49x | CN¥81.34 Million |
| 2018 | 24.96% | 20.80% | 0.53x | 2.27x | CN¥173.21 Million |
| 2019 | 18.62% | 13.83% | 0.46x | 2.93x | CN¥124.84 Million |
| 2020 | 13.89% | 11.71% | 0.42x | 2.85x | CN¥68.07 Million |
| 2021 | 5.80% | 7.98% | 0.40x | 1.82x | CN¥-139.19 Million |
| 2022 | 8.43% | 9.96% | 0.37x | 2.32x | CN¥-50.61 Million |
| 2023 | 4.05% | 6.18% | 0.26x | 2.49x | CN¥-220.45 Million |
| 2024 | -2.82% | -3.80% | 0.25x | 2.91x | CN¥-443.98 Million |
Industry Comparison
This section compares Wuhan Jingce Electronic Technology 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: $1,062,220,851
- Average return on equity (ROE) among peers: 5.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhan Jingce Electronic Technology Co Ltd (300567) | CN¥4.59 Billion | -1.24% | 1.24x | $5.94 Billion |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $488.15 Million | 22.00% | 0.35x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $787.42 Million | 9.61% | 0.21x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $122.29 Million | 26.99% | 0.76x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $369.67 Million | 22.71% | 0.27x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.96 Billion | -4.85% | 0.30x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $231.61 Million | 45.18% | 0.48x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $185.20 Million | 27.75% | 0.57x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.15 Billion | 6.55% | 0.42x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About Wuhan Jingce Electronic Technology Co Ltd
Wuhan Jingce Electronic Group Co.,Ltd researches, develops, produces, and sells display, semiconductor, and new energy equipment. The company offers signal detection systems, OLED adjustment systems, AOI optical detection systems, flat panel display automation equipment, memory chip test equipment, semiconductor front-end measurement and inspection equipment, film thickness measurement equipment,… Read more