Changshu Ruite Electric Co Ltd (300600) - Net Assets
Based on the latest financial reports, Changshu Ruite Electric Co Ltd (300600) has net assets worth CN¥1.22 Billion CNY (≈ $178.84 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¥1.40 Billion ≈ $205.59 Million USD) and total liabilities (CN¥182.80 Million ≈ $26.75 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 Changshu Ruite Electric Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.22 Billion |
| % of Total Assets | 86.99% |
| Annual Growth Rate | 18.18% |
| 5-Year Change | -13.97% |
| 10-Year Change | 141.84% |
| Growth Volatility | 26.66 |
Changshu Ruite Electric Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Changshu Ruite Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300600 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Changshu Ruite Electric Co Ltd (2011–2024)
The table below shows the annual net assets of Changshu Ruite Electric Co Ltd from 2011 to 2024. For live valuation and market cap data, see market value of Changshu Ruite Electric Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.00 Billion ≈ $146.95 Million |
+6.43% |
| 2023-12-31 | CN¥943.59 Million ≈ $138.08 Million |
+8.45% |
| 2022-12-31 | CN¥870.10 Million ≈ $127.32 Million |
-0.08% |
| 2021-12-31 | CN¥870.82 Million ≈ $127.43 Million |
-25.39% |
| 2020-12-31 | CN¥1.17 Billion ≈ $170.80 Million |
+3.73% |
| 2019-12-31 | CN¥1.13 Billion ≈ $164.65 Million |
+2.30% |
| 2018-12-31 | CN¥1.10 Billion ≈ $160.96 Million |
+24.01% |
| 2017-12-31 | CN¥886.97 Million ≈ $129.79 Million |
+71.58% |
| 2016-12-31 | CN¥516.94 Million ≈ $75.65 Million |
+24.49% |
| 2015-12-31 | CN¥415.24 Million ≈ $60.76 Million |
+34.62% |
| 2014-12-31 | CN¥308.45 Million ≈ $45.14 Million |
+27.87% |
| 2013-12-31 | CN¥241.23 Million ≈ $35.30 Million |
+21.15% |
| 2012-12-31 | CN¥199.11 Million ≈ $29.14 Million |
+74.02% |
| 2011-12-31 | CN¥114.42 Million ≈ $16.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Changshu Ruite Electric 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 29.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥114.34 Million | 11.40% |
| Common Stock | CN¥294.23 Million | 29.34% |
| Other Components | CN¥594.27 Million | 59.26% |
| Total Equity | CN¥1.00 Billion | 100.00% |
Changshu Ruite Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Changshu Ruite Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gokaldas Exports Limited
NSE:GOKEX
|
$545.97 Million |
|
Wuxi Hodgen Technology Co Ltd
SHE:300279
|
$546.08 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$546.13 Million |
|
NatWest Group PLC
LSE:NWG
|
$546.14 Million |
|
Shenzhen Ruihe Construction Decoration Co Ltd
SHE:002620
|
$545.76 Million |
|
Basler Kantonalbank
SW:BSKP
|
$545.67 Million |
|
Shanghai Join Buy Co Ltd
SHG:600838
|
$545.55 Million |
|
Ningbo Gaofa Automotive Ctrl
SHG:603788
|
$545.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changshu Ruite Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 940,908,081 to 1,002,837,284, a change of 61,929,203 (6.6%).
- Net loss of 38,070,796 reduced equity.
- Dividend payments of 1,658,094 reduced retained earnings.
- Other factors increased equity by 101,658,093.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-38.07 Million | -3.8% |
| Dividends Paid | CN¥1.66 Million | -0.17% |
| Other Changes | CN¥101.66 Million | +10.14% |
| Total Change | CN¥- | 6.58% |
Book Value vs Market Value Analysis
This analysis compares Changshu Ruite Electric 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: 3.70x
- 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 23.96x to 3.70x 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¥0.53 | CN¥12.68 | x |
| 2012-12-31 | CN¥0.92 | CN¥12.68 | x |
| 2013-12-31 | CN¥1.11 | CN¥12.68 | x |
| 2014-12-31 | CN¥1.43 | CN¥12.68 | x |
| 2015-12-31 | CN¥1.92 | CN¥12.68 | x |
| 2016-12-31 | CN¥2.40 | CN¥12.68 | x |
| 2017-12-31 | CN¥3.15 | CN¥12.68 | x |
| 2018-12-31 | CN¥3.66 | CN¥12.68 | x |
| 2019-12-31 | CN¥3.71 | CN¥12.68 | x |
| 2020-12-31 | CN¥3.93 | CN¥12.68 | x |
| 2021-12-31 | CN¥2.94 | CN¥12.68 | x |
| 2022-12-31 | CN¥2.94 | CN¥12.68 | x |
| 2023-12-31 | CN¥3.25 | CN¥12.68 | x |
| 2024-12-31 | CN¥3.42 | CN¥12.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changshu Ruite Electric 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): -3.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.72%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.23x
- Recent ROE (-3.80%) is below the historical average (9.39%), 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 | 27.12% | 22.60% | 0.78x | 1.54x | CN¥19.58 Million |
| 2012 | 21.49% | 27.59% | 0.59x | 1.33x | CN¥22.88 Million |
| 2013 | 17.46% | 20.57% | 0.62x | 1.37x | CN¥17.99 Million |
| 2014 | 21.79% | 25.09% | 0.59x | 1.46x | CN¥36.38 Million |
| 2015 | 25.72% | 35.39% | 0.52x | 1.40x | CN¥65.27 Million |
| 2016 | 19.67% | 27.65% | 0.52x | 1.37x | CN¥50.01 Million |
| 2017 | 12.15% | 25.95% | 0.39x | 1.20x | CN¥19.08 Million |
| 2018 | 9.85% | 22.16% | 0.38x | 1.18x | CN¥-1.67 Million |
| 2019 | 7.66% | 17.73% | 0.24x | 1.81x | CN¥-26.35 Million |
| 2020 | 5.84% | 17.73% | 0.21x | 1.56x | CN¥-48.53 Million |
| 2021 | -30.95% | -121.81% | 0.17x | 1.48x | CN¥-354.70 Million |
| 2022 | -0.05% | -0.17% | 0.23x | 1.41x | CN¥-86.97 Million |
| 2023 | -2.46% | -11.79% | 0.17x | 1.23x | CN¥-117.23 Million |
| 2024 | -3.80% | -13.72% | 0.23x | 1.23x | CN¥-138.35 Million |
Industry Comparison
This section compares Changshu Ruite Electric 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: $2,502,632,486
- Average return on equity (ROE) among peers: 8.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changshu Ruite Electric Co Ltd (300600) | CN¥1.22 Billion | 27.12% | 0.15x | $545.95 Million |
| XJ Electric Co Ltd (000400) | $1.62 Billion | 9.34% | 0.70x | $4.06 Billion |
| Guangdong Macro Co Ltd (000533) | $2.12 Billion | 5.85% | 0.97x | $1.36 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $1.88 Billion | 8.56% | 0.15x | $1.01 Billion |
| Dongfang Electronics Co Ltd (000682) | $3.80 Billion | 7.43% | 0.81x | $2.65 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $2.60 Billion | 18.68% | 0.78x | $1.05 Billion |
| Huagong Tech Co Ltd (000988) | $2.55 Billion | 8.27% | 0.44x | $21.21 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $476.40 Million | 11.31% | 1.40x | $1.89 Billion |
| Sieyuan Electric Co Ltd (002028) | $9.44 Billion | 12.93% | 0.66x | $22.67 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.33 Million | -7.97% | 0.17x | $555.00 Million |
| Gotion High tech Co Ltd (002074) | $363.89 Million | 9.00% | 0.79x | $9.74 Billion |
About Changshu Ruite Electric Co Ltd
Changshu Guorui Technology Co.,Ltd. engages in the research, development, production, and sale of marine and marine engineering electrical and automation systems. The company offers circuit breaker, film capacitance, LV and MV switchboard and control, power, box counter, monitoring alarm, navigation control, valve drive, automation, and system integration products. It also provides software custo… Read more