Anker Innovations Technology Co Ltd (300866) - Net Assets
Based on the latest financial reports, Anker Innovations Technology Co Ltd (300866) has net assets worth CN¥10.11 Billion CNY (≈ $1.48 Billion 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¥20.02 Billion ≈ $2.93 Billion USD) and total liabilities (CN¥9.91 Billion ≈ $1.45 Billion 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 Anker Innovations Technology Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.11 Billion |
| % of Total Assets | 50.48% |
| Annual Growth Rate | 65.98% |
| 5-Year Change | 67.36% |
| 10-Year Change | N/A |
| Growth Volatility | 117.61 |
Anker Innovations Technology Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Anker Innovations Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Anker Innovations Technology Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Anker Innovations Technology Co Ltd (2015–2024)
The table below shows the annual net assets of Anker Innovations Technology Co Ltd from 2015 to 2024. For live valuation and market cap data, see 300866 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.14 Billion ≈ $1.34 Billion |
+12.05% |
| 2023-12-31 | CN¥8.16 Billion ≈ $1.19 Billion |
+17.53% |
| 2022-12-31 | CN¥6.94 Billion ≈ $1.02 Billion |
+13.06% |
| 2021-12-31 | CN¥6.14 Billion ≈ $898.78 Million |
+12.41% |
| 2020-12-31 | CN¥5.46 Billion ≈ $799.55 Million |
+175.16% |
| 2019-12-31 | CN¥1.99 Billion ≈ $290.58 Million |
+45.66% |
| 2018-12-31 | CN¥1.36 Billion ≈ $199.49 Million |
+32.31% |
| 2017-12-31 | CN¥1.03 Billion ≈ $150.77 Million |
+121.79% |
| 2016-12-31 | CN¥464.55 Million ≈ $67.98 Million |
+386.10% |
| 2015-12-31 | CN¥95.57 Million ≈ $13.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anker Innovations 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 20564.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.25 Billion | 58.63% |
| Common Stock | CN¥531.41 Million | 5.93% |
| Other Comprehensive Income | CN¥533.44 Million | 5.95% |
| Other Components | CN¥2.64 Billion | 29.48% |
| Total Equity | CN¥8.96 Billion | 100.00% |
Anker Innovations Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Anker Innovations Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Capchem Tech
SHE:300037
|
$9.19 Billion |
|
Doosan
KO:000150
|
$9.19 Billion |
|
Arrowhead Pharmaceuticals Inc
NASDAQ:ARWR
|
$9.19 Billion |
|
Petronas Chemicals Group Bhd
KLSE:5183
|
$9.20 Billion |
|
Eastroc Beverage Group Co Ltd
SHG:605499
|
$9.18 Billion |
|
MOL Nyrt.
BUD:MOL
|
$9.18 Billion |
|
Futu Holdings Limited
F:6FHA
|
$9.18 Billion |
|
Schaeffler AG
XETRA:SHA0
|
$9.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anker Innovations Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,999,919,607 to 8,958,043,370, a change of 958,123,763 (12.0%).
- Net income of 2,114,429,531 contributed positively to equity growth.
- Dividend payments of 1,154,477,719 reduced retained earnings.
- Other comprehensive income decreased equity by 65,435,082.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.11 Billion | +23.6% |
| Dividends Paid | CN¥1.15 Billion | -12.89% |
| Other Comprehensive Income | CN¥-65.44 Million | -0.73% |
| Other Changes | CN¥63.61 Million | +0.71% |
| Total Change | CN¥- | 11.98% |
Book Value vs Market Value Analysis
This analysis compares Anker Innovations 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: 6.96x
- 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 increased from 6.37x to 6.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥18.38 | CN¥117.11 | x |
| 2016-12-31 | CN¥1.55 | CN¥117.11 | x |
| 2017-12-31 | CN¥2.88 | CN¥117.11 | x |
| 2018-12-31 | CN¥3.68 | CN¥117.11 | x |
| 2019-12-31 | CN¥4.83 | CN¥117.11 | x |
| 2020-12-31 | CN¥13.28 | CN¥117.11 | x |
| 2021-12-31 | CN¥14.88 | CN¥117.11 | x |
| 2022-12-31 | CN¥16.84 | CN¥117.11 | x |
| 2023-12-31 | CN¥15.10 | CN¥117.11 | x |
| 2024-12-31 | CN¥16.82 | CN¥117.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anker Innovations 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): 23.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.56%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.85x
- Recent ROE (23.60%) is below the historical average (39.22%), 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 | 149.91% | 10.63% | 3.19x | 4.42x | CN¥128.55 Million |
| 2016 | 49.56% | 9.18% | 2.97x | 1.82x | CN¥183.78 Million |
| 2017 | 31.65% | 8.24% | 2.59x | 1.48x | CN¥220.04 Million |
| 2018 | 31.77% | 8.16% | 2.55x | 1.53x | CN¥292.64 Million |
| 2019 | 36.71% | 10.84% | 2.21x | 1.53x | CN¥524.67 Million |
| 2020 | 15.85% | 9.15% | 1.34x | 1.29x | CN¥316.08 Million |
| 2021 | 16.23% | 7.81% | 1.48x | 1.40x | CN¥376.78 Million |
| 2022 | 16.71% | 8.02% | 1.41x | 1.48x | CN¥459.21 Million |
| 2023 | 20.19% | 9.22% | 1.37x | 1.60x | CN¥814.88 Million |
| 2024 | 23.60% | 8.56% | 1.49x | 1.85x | CN¥1.22 Billion |
Industry Comparison
This section compares Anker Innovations Technology Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $5,052,698,359
- Average return on equity (ROE) among peers: 7.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anker Innovations Technology Co Ltd (300866) | CN¥10.11 Billion | 149.91% | 0.98x | $9.19 Billion |
| Konka Group Co Ltd (000016) | $577.10 Million | 36.21% | 0.95x | $626.13 Million |
| Tianma Microelectronics Co Ltd (000050) | $33.57 Billion | 4.39% | 1.19x | $3.19 Billion |
| Guangdong Goworld Co Ltd (000823) | $1.09 Billion | 4.74% | 1.17x | $1.88 Billion |
| Soyea Technology Co Ltd (000909) | $887.22 Million | 3.18% | 3.95x | $249.16 Million |
| Guoguang Electric Co Ltd (002045) | $1.50 Billion | 8.73% | 1.78x | $708.68 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $428.68 Million | 20.48% | 1.67x | $6.46 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $820.81 Million | 1.38% | 0.56x | $243.68 Million |
| Goertek Inc (002241) | $8.52 Billion | 19.45% | 1.08x | $12.43 Billion |
| Edifier Technology Co Ltd (002351) | $2.63 Billion | 15.97% | 0.25x | $1.30 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $504.72 Million | -42.08% | 3.53x | $327.40 Million |
About Anker Innovations Technology Co Ltd
Anker Innovations Limited operates as a smart hardware technology company in China and internationally. The company offers smart charging, battery storage, and power storage and delivery products under the Anker and Anker SOLIX brands; and robotic cleaners, home security systems, baby care, personal health devices, printers, and other products under the eufy and eufyMake brands. It also provides … Read more