Ce Link Ltd (300787) - Net Assets
Based on the latest financial reports, Ce Link Ltd (300787) has net assets worth CN¥1.69 Billion CNY (≈ $247.26 Million 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¥4.23 Billion ≈ $618.69 Million USD) and total liabilities (CN¥2.54 Billion ≈ $371.43 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 Ce Link Ltd (300787) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.69 Billion |
| % of Total Assets | 39.96% |
| Annual Growth Rate | 21.47% |
| 5-Year Change | 21.91% |
| 10-Year Change | 381.12% |
| Growth Volatility | 31.34 |
Ce Link Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Ce Link Ltd's net assets have evolved over time, based on quarterly financial data. See 300787 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ce Link Ltd (2012–2025)
The table below shows the annual net assets of Ce Link Ltd from 2012 to 2025. For live valuation and market cap data, see Ce Link Ltd (300787) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.65 Billion ≈ $241.89 Million |
+0.89% |
| 2024-12-31 | CN¥1.64 Billion ≈ $239.76 Million |
-4.74% |
| 2023-12-31 | CN¥1.72 Billion ≈ $251.70 Million |
+10.15% |
| 2022-12-31 | CN¥1.56 Billion ≈ $228.51 Million |
+15.17% |
| 2021-12-31 | CN¥1.36 Billion ≈ $198.41 Million |
+12.58% |
| 2020-12-31 | CN¥1.20 Billion ≈ $176.23 Million |
+6.72% |
| 2019-12-31 | CN¥1.13 Billion ≈ $165.13 Million |
+123.46% |
| 2018-12-31 | CN¥504.99 Million ≈ $73.90 Million |
+17.89% |
| 2017-12-31 | CN¥428.34 Million ≈ $62.68 Million |
+24.67% |
| 2016-12-31 | CN¥343.57 Million ≈ $50.28 Million |
+30.71% |
| 2015-12-31 | CN¥262.85 Million ≈ $38.46 Million |
+5.13% |
| 2014-12-31 | CN¥250.01 Million ≈ $36.58 Million |
+39.10% |
| 2013-12-31 | CN¥179.73 Million ≈ $26.30 Million |
+36.21% |
| 2012-12-31 | CN¥131.95 Million ≈ $19.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ce Link 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 1098.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥939.34 Million | 56.43% |
| Other Components | CN¥725.14 Million | 43.57% |
| Total Equity | CN¥1.66 Billion | 100.00% |
Ce Link Ltd Competitors by Market Cap
The table below lists competitors of Ce Link Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Delek Automotive Systems Ltd
TA:DLEA
|
$439.64 Million |
|
NRB Bearing Limited
NSE:NRBBEARING
|
$440.03 Million |
|
Hankook Shell Oil
KO:002960
|
$440.06 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$440.10 Million |
|
Fleetpartners Group Ltd
AU:FPR
|
$439.36 Million |
|
ARTS Group Co Ltd
SHG:603017
|
$439.31 Million |
|
Guangdong Wanlima Industry Co Ltd
SHE:300591
|
$439.28 Million |
|
Shyft Group Inc
NASDAQ:SHYF
|
$439.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ce Link Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,639,463,014 to 1,664,478,454, a change of 25,015,440 (1.5%).
- Net income of 94,691,005 contributed positively to equity growth.
- Dividend payments of 67,825,617 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥94.69 Million | +5.69% |
| Dividends Paid | CN¥67.83 Million | -4.07% |
| Other Changes | CN¥-1.85 Million | -0.11% |
| Total Change | CN¥- | 1.53% |
Book Value vs Market Value Analysis
This analysis compares Ce Link 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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.03x to 1.80x 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¥0.80 | CN¥9.58 | x |
| 2013-12-31 | CN¥0.93 | CN¥9.58 | x |
| 2014-12-31 | CN¥1.07 | CN¥9.58 | x |
| 2015-12-31 | CN¥1.07 | CN¥9.58 | x |
| 2016-12-31 | CN¥1.39 | CN¥9.58 | x |
| 2017-12-31 | CN¥1.73 | CN¥9.58 | x |
| 2018-12-31 | CN¥2.04 | CN¥9.58 | x |
| 2019-12-31 | CN¥4.10 | CN¥9.58 | x |
| 2020-12-31 | CN¥3.65 | CN¥9.58 | x |
| 2021-12-31 | CN¥4.11 | CN¥9.58 | x |
| 2022-12-31 | CN¥4.77 | CN¥9.58 | x |
| 2023-12-31 | CN¥5.29 | CN¥9.58 | x |
| 2024-12-31 | CN¥5.22 | CN¥9.58 | x |
| 2025-12-31 | CN¥5.31 | CN¥9.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ce Link 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): 5.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.91%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.51x
- Recent ROE (5.69%) is below the historical average (18.26%), 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 | 44.79% | 15.58% | 1.15x | 2.49x | CN¥44.73 Million |
| 2013 | 36.28% | 11.00% | 1.10x | 3.00x | CN¥47.22 Million |
| 2014 | 24.52% | 7.31% | 1.36x | 2.47x | CN¥36.29 Million |
| 2015 | 6.00% | 3.08% | 1.11x | 1.76x | CN¥-10.51 Million |
| 2016 | 24.19% | 12.14% | 1.19x | 1.67x | CN¥48.76 Million |
| 2017 | 24.42% | 11.68% | 1.30x | 1.61x | CN¥61.75 Million |
| 2018 | 23.09% | 10.31% | 1.34x | 1.67x | CN¥66.09 Million |
| 2019 | 10.52% | 10.76% | 0.72x | 1.35x | CN¥5.90 Million |
| 2020 | 9.42% | 7.25% | 0.80x | 1.63x | CN¥-6.93 Million |
| 2021 | 13.72% | 8.94% | 0.83x | 1.84x | CN¥50.45 Million |
| 2022 | 20.88% | 13.66% | 0.88x | 1.73x | CN¥169.83 Million |
| 2023 | 7.49% | 6.77% | 0.58x | 1.90x | CN¥-43.23 Million |
| 2024 | 4.68% | 3.47% | 0.60x | 2.26x | CN¥-87.26 Million |
| 2025 | 5.69% | 2.91% | 0.78x | 2.51x | CN¥-71.76 Million |
Industry Comparison
This section compares Ce Link Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $8,189,675,894
- Average return on equity (ROE) among peers: 6.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ce Link Ltd (300787) | CN¥1.69 Billion | 44.79% | 1.50x | $439.39 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $12.78 Billion | 5.04% | 1.14x | $10.15 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $12.45 Billion | -11.88% | 1.62x | $8.42 Billion |
| TPV Technology Co Ltd (000727) | $1.20 Billion | 2.17% | 0.76x | $1.82 Billion |
| Inspur Electronic Info Industr (000977) | $17.62 Billion | 11.84% | 1.33x | $14.14 Billion |
| Ninestar Corp (002180) | $8.56 Billion | 11.10% | 3.22x | $2.94 Billion |
| Costar Group Co Ltd (002189) | $495.15 Million | 2.19% | 0.48x | $759.85 Million |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $24.48 Billion | 30.33% | 0.69x | $43.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.16 Billion | 2.75% | 0.07x | $801.75 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $2.34 Billion | 13.15% | 0.32x | $1.76 Billion |
| Netac Tech (300042) | $811.84 Million | 0.73% | 0.08x | $2.06 Billion |
About Ce Link Ltd
Anfu CE LINK Limited researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products. It offers portable power station, such as battery pack, foldable solar panel, and 2000W microinverter; smart security, including 4MP wi-fi battery camera, 4G battery camera, 3MP wi-fi battery camera, 3MP line-in power cam… Read more