GHT Co Ltd Class A (300711) - Net Assets
Based on the latest financial reports, GHT Co Ltd Class A (300711) has net assets worth CN¥847.29 Million CNY (≈ $123.98 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¥1.39 Billion ≈ $202.83 Million USD) and total liabilities (CN¥538.80 Million ≈ $78.84 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 GHT Co Ltd Class A liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥847.29 Million |
| % of Total Assets | 61.13% |
| Annual Growth Rate | 14.94% |
| 5-Year Change | 29.88% |
| 10-Year Change | 277.1% |
| Growth Volatility | 31.5 |
GHT Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how GHT Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore GHT Co Ltd Class A (300711) total assets for the complete picture of this company's asset base.
Annual Net Assets for GHT Co Ltd Class A (2013–2024)
The table below shows the annual net assets of GHT Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see GHT Co Ltd Class A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥777.94 Million ≈ $113.84 Million |
+10.29% |
| 2023-12-31 | CN¥705.37 Million ≈ $103.22 Million |
+6.75% |
| 2022-12-31 | CN¥660.77 Million ≈ $96.69 Million |
+4.09% |
| 2021-12-31 | CN¥634.80 Million ≈ $92.89 Million |
+5.98% |
| 2020-12-31 | CN¥598.98 Million ≈ $87.65 Million |
+4.53% |
| 2019-12-31 | CN¥573.00 Million ≈ $83.85 Million |
+2.42% |
| 2018-12-31 | CN¥559.44 Million ≈ $81.86 Million |
+0.74% |
| 2017-12-31 | CN¥555.35 Million ≈ $81.27 Million |
+113.61% |
| 2016-12-31 | CN¥259.99 Million ≈ $38.04 Million |
+26.03% |
| 2015-12-31 | CN¥206.29 Million ≈ $30.19 Million |
+25.44% |
| 2014-12-31 | CN¥164.46 Million ≈ $24.07 Million |
-2.25% |
| 2013-12-31 | CN¥168.24 Million ≈ $24.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GHT Co Ltd Class A'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 398.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥313.52 Million | 41.56% |
| Common Stock | CN¥249.17 Million | 33.03% |
| Other Components | CN¥191.64 Million | 25.41% |
| Total Equity | CN¥754.33 Million | 100.00% |
GHT Co Ltd Class A Competitors by Market Cap
The table below lists competitors of GHT Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyung Dong Navien Co Ltd
KO:009450
|
$761.04 Million |
|
Danel (Adir Yeoshua) Ltd
TA:DANE
|
$761.14 Million |
|
LOGAN GROUP HD -10
F:5LP
|
$761.17 Million |
|
Xinjiang Winka Times Dept
SHG:603101
|
$761.31 Million |
|
Beijing Jingpin Tezhuang Technology Co. Ltd. A
SHG:688084
|
$760.93 Million |
|
Linewell Software Co Ltd
SHG:603636
|
$760.93 Million |
|
Heilongjiang Publishing & Media Co Ltd
SHG:605577
|
$760.92 Million |
|
Siri Prime Office Property Fd
BK:SIRI
|
$760.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GHT Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 705,371,917 to 754,328,695, a change of 48,956,778 (6.9%).
- Net income of 73,873,838 contributed positively to equity growth.
- Dividend payments of 24,917,061 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.87 Million | +9.79% |
| Dividends Paid | CN¥24.92 Million | -3.3% |
| Other Changes | CN¥0.60 | +0.0% |
| Total Change | CN¥- | 6.94% |
Book Value vs Market Value Analysis
This analysis compares GHT Co Ltd Class A'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: 6.89x
- 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 21.07x to 6.89x 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¥0.99 | CN¥20.87 | x |
| 2014-12-31 | CN¥0.98 | CN¥20.87 | x |
| 2015-12-31 | CN¥1.20 | CN¥20.87 | x |
| 2016-12-31 | CN¥1.40 | CN¥20.87 | x |
| 2017-12-31 | CN¥2.79 | CN¥20.87 | x |
| 2018-12-31 | CN¥2.25 | CN¥20.87 | x |
| 2019-12-31 | CN¥2.30 | CN¥20.87 | x |
| 2020-12-31 | CN¥2.40 | CN¥20.87 | x |
| 2021-12-31 | CN¥2.55 | CN¥20.87 | x |
| 2022-12-31 | CN¥2.65 | CN¥20.87 | x |
| 2023-12-31 | CN¥2.83 | CN¥20.87 | x |
| 2024-12-31 | CN¥3.03 | CN¥20.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GHT Co Ltd Class A 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): 9.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.59%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.58x
- Recent ROE (9.79%) is below the historical average (11.51%), 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 | 12.86% | 9.66% | 0.85x | 1.57x | CN¥4.80 Million |
| 2014 | 28.40% | 19.89% | 0.86x | 1.67x | CN¥30.25 Million |
| 2015 | 22.63% | 18.14% | 0.71x | 1.75x | CN¥26.06 Million |
| 2016 | 20.65% | 20.35% | 0.74x | 1.37x | CN¥27.69 Million |
| 2017 | 9.96% | 21.16% | 0.41x | 1.14x | CN¥-249.59K |
| 2018 | 2.79% | 7.78% | 0.31x | 1.15x | CN¥-40.32 Million |
| 2019 | 2.97% | 6.38% | 0.36x | 1.29x | CN¥-40.27 Million |
| 2020 | 5.15% | 10.00% | 0.40x | 1.30x | CN¥-29.07 Million |
| 2021 | 6.89% | 12.64% | 0.43x | 1.28x | CN¥-19.77 Million |
| 2022 | 7.39% | 12.73% | 0.40x | 1.45x | CN¥-17.26 Million |
| 2023 | 8.68% | 13.58% | 0.45x | 1.43x | CN¥-9.33 Million |
| 2024 | 9.79% | 13.59% | 0.46x | 1.58x | CN¥-1.56 Million |
Industry Comparison
This section compares GHT Co Ltd Class A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GHT Co Ltd Class A (300711) | CN¥847.29 Million | 12.86% | 0.64x | $760.95 Million |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About GHT Co Ltd Class A
GHT Co.,Ltd engages in the research and development, production, sale, and servicing of information and communication technology related products in China. It offers digital and multimedia command and dispatch systems and related products. The company's products include Harris 20-20 program-controlled switching, IP switching, railway digital dispatching communication, fusion video, network manage… Read more