Wanma Technology Co Ltd
Wanma Technology Co., Ltd. engages in the research and development, production, system integration, and sales of communication and medical information equipment. The company provides communications business products, including mobile base station, optical communication, power distribution, and industry customer products, as well as optical cable products comprising patch panels, junction boxes, f… Read more
Wanma Technology Co Ltd (300698) - Net Assets
Latest net assets as of September 2025: CN¥514.11 Million CNY
Based on the latest financial reports, Wanma Technology Co Ltd (300698) has net assets worth CN¥514.11 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.14 Billion) and total liabilities (CN¥627.12 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥514.11 Million |
| % of Total Assets | 45.05% |
| Annual Growth Rate | 16.81% |
| 5-Year Change | 10.63% |
| 10-Year Change | 228.46% |
| Growth Volatility | 32.1 |
Wanma Technology Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Wanma Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wanma Technology Co Ltd (2013–2024)
The table below shows the annual net assets of Wanma Technology Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥482.14 Million | +2.22% |
| 2023-12-31 | CN¥471.66 Million | +15.19% |
| 2022-12-31 | CN¥409.47 Million | -6.66% |
| 2021-12-31 | CN¥438.69 Million | +0.66% |
| 2020-12-31 | CN¥435.81 Million | -1.30% |
| 2019-12-31 | CN¥441.56 Million | +16.01% |
| 2018-12-31 | CN¥380.61 Million | +0.28% |
| 2017-12-31 | CN¥379.53 Million | +106.60% |
| 2016-12-31 | CN¥183.70 Million | +25.15% |
| 2015-12-31 | CN¥146.79 Million | +56.91% |
| 2014-12-31 | CN¥93.55 Million | +7.15% |
| 2013-12-31 | CN¥87.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wanma 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 524.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥178.72 Million | 37.07% |
| Common Stock | CN¥134.00 Million | 27.79% |
| Other Comprehensive Income | CN¥10.37 Million | 2.15% |
| Other Components | CN¥159.05 Million | 32.99% |
| Total Equity | CN¥482.14 Million | 100.00% |
Wanma Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Wanma Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bénéteau S.A
OTCGREY:BTEAF
|
$279.12 Million |
|
Amtran Technology Co Ltd
TW:2489
|
$279.32 Million |
|
Zhejiang Zhaofeng Mechanical and Electronic Co Ltd
SHE:300695
|
$279.34 Million |
|
Uni-Trend Technology China Co. Ltd. A
SHG:688628
|
$279.34 Million |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
$279.03 Million |
|
Tianjin Jiuri New Materials Co Ltd
SHG:688199
|
$278.88 Million |
|
Shouyao Holdings (Beijing) Co. Ltd. A
SHG:688197
|
$278.86 Million |
|
Timberland Bancorp Inc
NASDAQ:TSBK
|
$278.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wanma Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 471,655,661 to 482,143,188, a change of 10,487,527 (2.2%).
- Net income of 41,307,526 contributed positively to equity growth.
- Dividend payments of 34,709,657 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥41.31 Million | +8.57% |
| Dividends Paid | CN¥34.71 Million | -7.2% |
| Other Changes | CN¥3.89 Million | +0.81% |
| Total Change | CN¥- | 2.22% |
Book Value vs Market Value Analysis
This analysis compares Wanma 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: 9.92x
- 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 41.42x to 9.92x 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¥0.87 | CN¥35.90 | x |
| 2014-12-31 | CN¥0.92 | CN¥35.90 | x |
| 2015-12-31 | CN¥1.48 | CN¥35.90 | x |
| 2016-12-31 | CN¥1.84 | CN¥35.90 | x |
| 2017-12-31 | CN¥3.33 | CN¥35.90 | x |
| 2018-12-31 | CN¥2.66 | CN¥35.90 | x |
| 2019-12-31 | CN¥2.87 | CN¥35.90 | x |
| 2020-12-31 | CN¥2.80 | CN¥35.90 | x |
| 2021-12-31 | CN¥2.83 | CN¥35.90 | x |
| 2022-12-31 | CN¥3.06 | CN¥35.90 | x |
| 2023-12-31 | CN¥3.51 | CN¥35.90 | x |
| 2024-12-31 | CN¥3.62 | CN¥35.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wanma 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): 8.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.36%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.26x
- Recent ROE (8.57%) is above the historical average (6.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -2.64% | -1.02% | 0.64x | 4.04x | CN¥-11.03 Million |
| 2014 | 5.45% | 2.03% | 0.60x | 4.46x | CN¥-4.20 Million |
| 2015 | 23.00% | 8.89% | 0.87x | 2.98x | CN¥19.09 Million |
| 2016 | 20.10% | 9.96% | 0.93x | 2.18x | CN¥18.55 Million |
| 2017 | 7.20% | 8.01% | 0.60x | 1.50x | CN¥-10.61 Million |
| 2018 | 1.13% | 1.44% | 0.47x | 1.67x | CN¥-33.77 Million |
| 2019 | 1.03% | 0.84% | 0.60x | 2.02x | CN¥-34.51 Million |
| 2020 | -2.83% | -2.20% | 0.63x | 2.03x | CN¥-48.06 Million |
| 2021 | 1.07% | 0.81% | 0.53x | 2.47x | CN¥-33.80 Million |
| 2022 | 7.51% | 6.04% | 0.62x | 2.00x | CN¥-10.19 Million |
| 2023 | 13.67% | 12.38% | 0.58x | 1.90x | CN¥17.29 Million |
| 2024 | 8.57% | 7.36% | 0.52x | 2.26x | CN¥-6.91 Million |
Industry Comparison
This section compares Wanma Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wanma Technology Co Ltd (300698) | CN¥514.11 Million | -2.64% | 1.22x | $279.07 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |