Cosonic Intelligent Tech Co Ltd (300793) - Net Assets
Based on the latest financial reports, Cosonic Intelligent Tech Co Ltd (300793) has net assets worth CN¥3.03 Billion CNY (≈ $443.12 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¥4.44 Billion ≈ $649.99 Million USD) and total liabilities (CN¥1.41 Billion ≈ $206.88 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 asset resilience ratio of Cosonic Intelligent Tech Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.03 Billion |
| % of Total Assets | 68.17% |
| Annual Growth Rate | 25.74% |
| 5-Year Change | 150.05% |
| 10-Year Change | N/A |
| Growth Volatility | 37.51 |
Cosonic Intelligent Tech Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Cosonic Intelligent Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Cosonic Intelligent Tech Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Cosonic Intelligent Tech Co Ltd (2015–2024)
The table below shows the annual net assets of Cosonic Intelligent Tech Co Ltd from 2015 to 2024. For live valuation and market cap data, see Cosonic Intelligent Tech Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.05 Billion ≈ $446.04 Million |
+21.68% |
| 2023-12-31 | CN¥2.50 Billion ≈ $366.55 Million |
+2.85% |
| 2022-12-31 | CN¥2.44 Billion ≈ $356.40 Million |
+7.62% |
| 2021-12-31 | CN¥2.26 Billion ≈ $331.18 Million |
+85.66% |
| 2020-12-31 | CN¥1.22 Billion ≈ $178.38 Million |
+1.94% |
| 2019-12-31 | CN¥1.20 Billion ≈ $174.98 Million |
+110.69% |
| 2018-12-31 | CN¥567.56 Million ≈ $83.05 Million |
+24.47% |
| 2017-12-31 | CN¥455.98 Million ≈ $66.72 Million |
+7.79% |
| 2016-12-31 | CN¥423.01 Million ≈ $61.90 Million |
+9.07% |
| 2015-12-31 | CN¥387.82 Million ≈ $56.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cosonic Intelligent Tech 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 629.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥495.93 Million | 16.28% |
| Common Stock | CN¥380.52 Million | 12.49% |
| Other Comprehensive Income | CN¥230.42 Million | 7.56% |
| Other Components | CN¥1.94 Billion | 63.67% |
| Total Equity | CN¥3.05 Billion | 100.00% |
Cosonic Intelligent Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Cosonic Intelligent Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WELL Health Technologies Corp
TO:WELL
|
$784.20 Million |
|
Verusa Holding AS
IS:VERUS
|
$784.69 Million |
|
Inox Green Energy Services Limited
NSE:INOXGREEN
|
$784.73 Million |
|
Hoang Anh Gia Lai JSC
VN:HAG
|
$784.90 Million |
|
Fujian SuperTech Advanced Material Co Ltd
SHG:688398
|
$783.60 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
$783.32 Million |
|
Hwang Chang General Contractor Co Ltd
TW:2543
|
$783.30 Million |
|
Objective Corporation Ltd
AU:OCL
|
$783.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cosonic Intelligent Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,502,501,884 to 3,046,459,972, a change of 543,958,088 (21.7%).
- Net income of 41,324,645 contributed positively to equity growth.
- Dividend payments of 54,338,853 reduced retained earnings.
- Share repurchases of 62,296,242 reduced equity.
- Other comprehensive income increased equity by 233,650,279.
- Other factors increased equity by 385,618,259.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥41.32 Million | +1.36% |
| Dividends Paid | CN¥54.34 Million | -1.78% |
| Share Repurchases | CN¥62.30 Million | -2.04% |
| Other Comprehensive Income | CN¥233.65 Million | +7.67% |
| Other Changes | CN¥385.62 Million | +12.66% |
| Total Change | CN¥- | 21.74% |
Book Value vs Market Value Analysis
This analysis compares Cosonic Intelligent Tech 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: 1.55x
- 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 6.04x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥2.33 | CN¥14.08 | x |
| 2016-12-31 | CN¥2.11 | CN¥14.08 | x |
| 2017-12-31 | CN¥2.30 | CN¥14.08 | x |
| 2018-12-31 | CN¥2.82 | CN¥14.08 | x |
| 2019-12-31 | CN¥4.48 | CN¥14.08 | x |
| 2020-12-31 | CN¥4.57 | CN¥14.08 | x |
| 2021-12-31 | CN¥8.19 | CN¥14.08 | x |
| 2022-12-31 | CN¥7.20 | CN¥14.08 | x |
| 2023-12-31 | CN¥7.36 | CN¥14.08 | x |
| 2024-12-31 | CN¥9.11 | CN¥14.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cosonic Intelligent Tech 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): 1.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.68%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.44x
- Recent ROE (1.36%) is below the historical average (7.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.34% | 0.90% | 1.07x | 1.39x | CN¥-33.47 Million |
| 2016 | 7.10% | 3.60% | 0.99x | 1.99x | CN¥-12.27 Million |
| 2017 | 13.61% | 5.09% | 1.19x | 2.25x | CN¥16.43 Million |
| 2018 | 19.47% | 8.19% | 1.18x | 2.01x | CN¥53.69 Million |
| 2019 | 10.10% | 5.35% | 1.12x | 1.69x | CN¥1.18 Million |
| 2020 | 5.60% | 2.57% | 1.01x | 2.16x | CN¥-53.65 Million |
| 2021 | 2.32% | 1.92% | 0.79x | 1.52x | CN¥-173.82 Million |
| 2022 | 7.13% | 7.99% | 0.62x | 1.45x | CN¥-69.97 Million |
| 2023 | 5.30% | 5.58% | 0.73x | 1.30x | CN¥-117.60 Million |
| 2024 | 1.36% | 1.68% | 0.56x | 1.44x | CN¥-263.32 Million |
Industry Comparison
This section compares Cosonic Intelligent Tech Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $742,182,131
- Average return on equity (ROE) among peers: 3.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cosonic Intelligent Tech Co Ltd (300793) | CN¥3.03 Billion | 1.34% | 0.47x | $784.06 Million |
| China Bicycle Co Holdings Ltd (000017) | $11.44 Million | -68.29% | 4.48x | $413.48 Million |
| HL Corp Shenzhen (002105) | $711.36 Million | 23.22% | 1.58x | $363.89 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $192.47 Million | 24.76% | 0.35x | $1.54 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $794.85 Million | 1.42% | 0.03x | $614.35 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.55 Billion | 6.31% | 0.29x | $1.25 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $3.39 Billion | 8.51% | 0.81x | $525.73 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $1.66 Billion | 10.98% | 0.20x | $1.19 Billion |
| Shifeng Cultural Development Co Ltd (002862) | $569.63 Million | 1.45% | 0.14x | $455.54 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $249.64 Million | 29.77% | 1.70x | $730.57 Million |
| China Bicycle Co Holdings Ltd (200017) | $-1.71 Billion | 0.00% | 0.00x | $66.51 Million |
About Cosonic Intelligent Tech Co Ltd
Cosonic Intelligent Technologies Co., Ltd. engages in the design, development, manufacture, and sale of electroacoustic and smart wearable products in China and internationally. The company offers electro-acoustic products, such as TWS earphones, bone conduction earphones, smart speakers, etc.; smart wearable products, including smart watches, smart glasses, etc., as well as audio glasses, bone c… Read more