Electric Connector Technology Co Ltd (300679) - Net Assets
Based on the latest financial reports, Electric Connector Technology Co Ltd (300679) has net assets worth CN¥5.22 Billion CNY (≈ $763.31 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¥7.97 Billion ≈ $1.17 Billion USD) and total liabilities (CN¥2.75 Billion ≈ $402.66 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 300679 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.22 Billion |
| % of Total Assets | 65.47% |
| Annual Growth Rate | 27.48% |
| 5-Year Change | 41.02% |
| 10-Year Change | 608.88% |
| Growth Volatility | 56.34 |
Electric Connector Technology Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Electric Connector Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300679 asset base for the complete picture of this company's asset base.
Annual Net Assets for Electric Connector Technology Co Ltd (2013–2024)
The table below shows the annual net assets of Electric Connector Technology Co Ltd from 2013 to 2024. For live valuation and market cap data, see how much is Electric Connector Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.15 Billion ≈ $754.26 Million |
+10.18% |
| 2023-12-31 | CN¥4.68 Billion ≈ $684.57 Million |
+7.33% |
| 2022-12-31 | CN¥4.36 Billion ≈ $637.82 Million |
+6.81% |
| 2021-12-31 | CN¥4.08 Billion ≈ $597.16 Million |
+11.65% |
| 2020-12-31 | CN¥3.66 Billion ≈ $534.86 Million |
+3.81% |
| 2019-12-31 | CN¥3.52 Billion ≈ $515.23 Million |
+2.88% |
| 2018-12-31 | CN¥3.42 Billion ≈ $500.83 Million |
+9.69% |
| 2017-12-31 | CN¥3.12 Billion ≈ $456.58 Million |
+206.47% |
| 2016-12-31 | CN¥1.02 Billion ≈ $148.98 Million |
+40.02% |
| 2015-12-31 | CN¥727.13 Million ≈ $106.40 Million |
+42.94% |
| 2014-12-31 | CN¥508.68 Million ≈ $74.44 Million |
+42.62% |
| 2013-12-31 | CN¥356.67 Million ≈ $52.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Electric Connector 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 972.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.43 Billion | 49.36% |
| Common Stock | CN¥423.78 Million | 8.60% |
| Other Components | CN¥2.07 Billion | 42.04% |
| Total Equity | CN¥4.93 Billion | 100.00% |
Electric Connector Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Electric Connector Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Softcat plc
F:SF5
|
$3.14 Billion |
|
Go Digit General Insurance Ltd
NSE:GODIGIT
|
$3.14 Billion |
|
FIBI Holdings Ltd
TA:FIBIH
|
$3.14 Billion |
|
Erasca Inc
NASDAQ:ERAS
|
$3.15 Billion |
|
China National Medicines Corp Ltd
SHG:600511
|
$3.14 Billion |
|
SINOPHARM GROUP 1/5/O.N.
F:X2S1
|
$3.14 Billion |
|
Graphic Packaging Holding Company
NYSE:GPK
|
$3.14 Billion |
|
Solar Applied Materials Technology
TWO:1785
|
$3.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electric Connector Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,426,161,657 to 4,925,796,482, a change of 499,634,825 (11.3%).
- Net income of 622,308,889 contributed positively to equity growth.
- Dividend payments of 150,466,361 reduced retained earnings.
- Share repurchases of 56,663,331 reduced equity.
- Other factors increased equity by 84,455,628.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥622.31 Million | +12.63% |
| Dividends Paid | CN¥150.47 Million | -3.05% |
| Share Repurchases | CN¥56.66 Million | -1.15% |
| Other Changes | CN¥84.46 Million | +1.71% |
| Total Change | CN¥- | 11.29% |
Book Value vs Market Value Analysis
This analysis compares Electric Connector 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: 4.34x
- 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 41.66x to 4.34x 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¥1.21 | CN¥50.50 | x |
| 2014-12-31 | CN¥1.73 | CN¥50.50 | x |
| 2015-12-31 | CN¥2.30 | CN¥50.50 | x |
| 2016-12-31 | CN¥3.18 | CN¥50.50 | x |
| 2017-12-31 | CN¥8.65 | CN¥50.50 | x |
| 2018-12-31 | CN¥7.91 | CN¥50.50 | x |
| 2019-12-31 | CN¥8.26 | CN¥50.50 | x |
| 2020-12-31 | CN¥8.51 | CN¥50.50 | x |
| 2021-12-31 | CN¥9.16 | CN¥50.50 | x |
| 2022-12-31 | CN¥9.85 | CN¥50.50 | x |
| 2023-12-31 | CN¥10.44 | CN¥50.50 | x |
| 2024-12-31 | CN¥11.64 | CN¥50.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electric Connector 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): 12.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.35%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.51x
- Recent ROE (12.63%) is below the historical average (18.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 43.95% | 33.01% | 1.00x | 1.33x | CN¥119.57 Million |
| 2014 | 41.34% | 30.00% | 1.04x | 1.32x | CN¥157.19 Million |
| 2015 | 31.55% | 24.86% | 0.95x | 1.33x | CN¥154.32 Million |
| 2016 | 35.62% | 25.76% | 1.06x | 1.30x | CN¥257.94 Million |
| 2017 | 11.62% | 25.38% | 0.42x | 1.09x | CN¥50.38 Million |
| 2018 | 7.17% | 17.88% | 0.35x | 1.14x | CN¥-94.88 Million |
| 2019 | 5.24% | 8.37% | 0.51x | 1.22x | CN¥-163.94 Million |
| 2020 | 7.52% | 10.37% | 0.55x | 1.32x | CN¥-88.64 Million |
| 2021 | 9.61% | 11.45% | 0.55x | 1.53x | CN¥-15.01 Million |
| 2022 | 10.76% | 14.92% | 0.51x | 1.41x | CN¥31.29 Million |
| 2023 | 8.05% | 11.38% | 0.50x | 1.42x | CN¥-86.46 Million |
| 2024 | 12.63% | 13.35% | 0.63x | 1.51x | CN¥129.73 Million |
Industry Comparison
This section compares Electric Connector 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: $22,207,061,921
- Average return on equity (ROE) among peers: 2.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electric Connector Technology Co Ltd (300679) | CN¥5.22 Billion | 43.95% | 0.53x | $3.14 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $412.50 Million | -16.79% | 0.29x | $382.28 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $217.50 Million | 13.85% | 1.05x | $1.61 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $936.36 Million | -14.92% | 2.68x | $484.64 Million |
| CPT Technology Group Co Ltd (000536) | $5.57 Billion | 10.98% | 1.18x | $1.67 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.08 Billion | 2.04% | 0.58x | $4.38 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $608.18 Million |
| BOE Technology Group Co Ltd (000725) | $204.55 Billion | 2.60% | 1.10x | $22.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $3.62 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $884.58 Million | 12.98% | 0.75x | $2.19 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $5.04 Billion |
About Electric Connector Technology Co Ltd
Electric Connector Technology Co., Ltd. engages in the research, design, development, manufacture, and sale of micro electronic connectors and interconnection system related products in China, North America, Europe, Japan, the Asia Pacific, and internationally. The company offers micro-RF test connectors, micro-RF coaxial connectors and RF micro coaxial cable assemblies; and POGOPIN and PCB soft … Read more