Yealink Network Technology Corp Ltd (300628) - Net Assets
Based on the latest financial reports, Yealink Network Technology Corp Ltd (300628) has net assets worth CN¥9.98 Billion CNY (≈ $1.46 Billion 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¥10.80 Billion ≈ $1.58 Billion USD) and total liabilities (CN¥818.56 Million ≈ $119.78 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 300628 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.98 Billion |
| % of Total Assets | 92.42% |
| Annual Growth Rate | 37.71% |
| 5-Year Change | 47.32% |
| 10-Year Change | 1059.43% |
| Growth Volatility | 65.21 |
Yealink Network Technology Corp Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Yealink Network Technology Corp Ltd's net assets have evolved over time, based on quarterly financial data. See Yealink Network Technology Corp Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Yealink Network Technology Corp Ltd (2012–2025)
The table below shows the annual net assets of Yealink Network Technology Corp Ltd from 2012 to 2025. For live valuation and market cap data, see Yealink Network Technology Corp Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.33 Billion ≈ $1.36 Billion |
+4.25% |
| 2024-12-31 | CN¥8.95 Billion ≈ $1.31 Billion |
+10.12% |
| 2023-12-31 | CN¥8.13 Billion ≈ $1.19 Billion |
+2.98% |
| 2022-12-31 | CN¥7.89 Billion ≈ $1.15 Billion |
+24.63% |
| 2021-12-31 | CN¥6.33 Billion ≈ $926.52 Million |
+21.68% |
| 2020-12-31 | CN¥5.20 Billion ≈ $761.42 Million |
+18.37% |
| 2019-12-31 | CN¥4.40 Billion ≈ $643.25 Million |
+25.60% |
| 2018-12-31 | CN¥3.50 Billion ≈ $512.15 Million |
+21.78% |
| 2017-12-31 | CN¥2.87 Billion ≈ $420.56 Million |
+257.24% |
| 2016-12-31 | CN¥804.51 Million ≈ $117.72 Million |
+81.95% |
| 2015-12-31 | CN¥442.16 Million ≈ $64.70 Million |
+76.51% |
| 2014-12-31 | CN¥250.50 Million ≈ $36.66 Million |
+18.83% |
| 2013-12-31 | CN¥210.81 Million ≈ $30.85 Million |
+44.67% |
| 2012-12-31 | CN¥145.72 Million ≈ $21.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yealink Network Technology Corp 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 11580.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.58 Billion | 70.52% |
| Other Components | CN¥2.75 Billion | 29.48% |
| Total Equity | CN¥9.33 Billion | 100.00% |
Yealink Network Technology Corp Ltd Competitors by Market Cap
The table below lists competitors of Yealink Network Technology Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chemed Corp
NYSE:CHE
|
$6.16 Billion |
|
Matador Resources Company
NYSE:MTDR
|
$6.16 Billion |
|
MSA Safety
NYSE:MSA
|
$6.16 Billion |
|
AIXTRON SE
XETRA:AIXA
|
$6.16 Billion |
|
Lifan Industry Group Co Ltd
SHG:601777
|
$6.15 Billion |
|
thyssenkrupp AG
F:TKA1
|
$6.15 Billion |
|
Caihong Display Devices Co Ltd
SHG:600707
|
$6.15 Billion |
|
Kiwoom
KO:039490
|
$6.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yealink Network Technology Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,947,671,403 to 9,327,725,235, a change of 380,053,832 (4.2%).
- Net income of 2,599,806,000 contributed positively to equity growth.
- Dividend payments of 2,274,564,180 reduced retained earnings.
- Other comprehensive income decreased equity by 304,163.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.60 Billion | +27.87% |
| Dividends Paid | CN¥2.27 Billion | -24.38% |
| Other Comprehensive Income | CN¥-304.16K | -0.0% |
| Other Changes | CN¥55.12 Million | +0.59% |
| Total Change | CN¥- | 4.25% |
Book Value vs Market Value Analysis
This analysis compares Yealink Network Technology Corp 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: 4.51x
- 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 214.85x to 4.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.15 | CN¥33.20 | x |
| 2013-12-31 | CN¥0.22 | CN¥33.20 | x |
| 2014-12-31 | CN¥0.27 | CN¥33.20 | x |
| 2015-12-31 | CN¥0.47 | CN¥33.20 | x |
| 2016-12-31 | CN¥0.86 | CN¥33.20 | x |
| 2017-12-31 | CN¥2.62 | CN¥33.20 | x |
| 2018-12-31 | CN¥2.80 | CN¥33.20 | x |
| 2019-12-31 | CN¥3.50 | CN¥33.20 | x |
| 2020-12-31 | CN¥4.14 | CN¥33.20 | x |
| 2021-12-31 | CN¥5.02 | CN¥33.20 | x |
| 2022-12-31 | CN¥6.24 | CN¥33.20 | x |
| 2023-12-31 | CN¥6.43 | CN¥33.20 | x |
| 2024-12-31 | CN¥7.07 | CN¥33.20 | x |
| 2025-12-31 | CN¥7.36 | CN¥33.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yealink Network Technology Corp 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): 27.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.09%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.15x
- Recent ROE (27.87%) is below the historical average (36.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 58.96% | 29.60% | 1.45x | 1.37x | CN¥71.34 Million |
| 2013 | 47.48% | 29.85% | 1.14x | 1.40x | CN¥79.01 Million |
| 2014 | 60.11% | 30.83% | 1.38x | 1.42x | CN¥125.52 Million |
| 2015 | 56.00% | 37.41% | 1.27x | 1.18x | CN¥203.40 Million |
| 2016 | 53.74% | 46.80% | 1.02x | 1.13x | CN¥351.87 Million |
| 2017 | 20.56% | 42.57% | 0.46x | 1.05x | CN¥303.38 Million |
| 2018 | 24.33% | 46.90% | 0.48x | 1.07x | CN¥501.49 Million |
| 2019 | 28.10% | 49.62% | 0.52x | 1.10x | CN¥795.71 Million |
| 2020 | 24.57% | 46.43% | 0.47x | 1.11x | CN¥758.39 Million |
| 2021 | 25.52% | 43.86% | 0.52x | 1.12x | CN¥982.92 Million |
| 2022 | 27.60% | 45.27% | 0.56x | 1.09x | CN¥1.39 Billion |
| 2023 | 24.74% | 46.23% | 0.49x | 1.09x | CN¥1.20 Billion |
| 2024 | 29.59% | 47.10% | 0.58x | 1.09x | CN¥1.75 Billion |
| 2025 | 27.87% | 43.09% | 0.56x | 1.15x | CN¥1.67 Billion |
Industry Comparison
This section compares Yealink Network Technology Corp Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,668,860,588
- Average return on equity (ROE) among peers: -18.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yealink Network Technology Corp Ltd (300628) | CN¥9.98 Billion | 58.96% | 0.08x | $6.15 Billion |
| ZTE Corp (000063) | $42.55 Million | 189.70% | 2.42x | $22.33 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.88 Billion | 11.20% | 1.46x | $2.73 Billion |
| Addsino Co Ltd (000547) | $5.57 Billion | 3.88% | 0.24x | $4.61 Billion |
| Sichuan Huiyuan Optical Com (000586) | $260.80 Million | 1.16% | 1.11x | $431.95 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.39 Billion | -102.15% | 5.62x | $401.25 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $178.59 Million | 6.04% | 0.38x | $1.72 Billion |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $2.07 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $820.93 Million | -279.00% | 4.69x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $870.26 Million | -47.89% | 2.43x | $930.39 Million |
| Sunwave Communications Co Ltd (002115) | $112.36 Million | 24.04% | 1.27x | $1.39 Billion |
About Yealink Network Technology Corp Ltd
Yealink Network Technology Co., Ltd., together with its subsidiaries, provides video conferencing, voice communications, and collaboration solutions in Europe, the Americas, and internationally. The company offers Microsoft and Zoom device products comprising Teams rooms systems, Zoom rooms systems, USB cameras and BYOD kits, space IOT devices, room audio devices, room system accessories, room mo… Read more