Hangzhou Seck Intelligent Tech Co
Hangzhou Seck Intelligent Technology Co., Ltd. offers smart water solutions in China. The company offers prepaid water meters; dry-type and volumetric mechanical water meters; pulse-type smart water meters comprising pulse valve-controlled smart water meters and pulse smart remote water meters; non-magnetic smart water meters consisting of non-magnetic valve-controlled smart water meters and spli… Read more
Hangzhou Seck Intelligent Tech Co (300897) - Net Assets
Latest net assets as of September 2025: CN¥980.08 Million CNY
Based on the latest financial reports, Hangzhou Seck Intelligent Tech Co (300897) has net assets worth CN¥980.08 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¥1.24 Billion) and total liabilities (CN¥257.52 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¥980.08 Million |
| % of Total Assets | 79.19% |
| Annual Growth Rate | 29.43% |
| 5-Year Change | 16.09% |
| 10-Year Change | 729.0% |
| Growth Volatility | 56.1 |
Hangzhou Seck Intelligent Tech Co - Net Assets Trend (2014–2024)
This chart illustrates how Hangzhou Seck Intelligent Tech Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hangzhou Seck Intelligent Tech Co (2014–2024)
The table below shows the annual net assets of Hangzhou Seck Intelligent Tech Co from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥984.09 Million | +0.20% |
| 2023-12-31 | CN¥982.15 Million | +5.60% |
| 2022-12-31 | CN¥930.05 Million | +3.72% |
| 2021-12-31 | CN¥896.68 Million | +5.78% |
| 2020-12-31 | CN¥847.71 Million | +198.00% |
| 2019-12-31 | CN¥284.47 Million | +23.86% |
| 2018-12-31 | CN¥229.67 Million | +22.72% |
| 2017-12-31 | CN¥187.16 Million | +25.99% |
| 2016-12-31 | CN¥148.55 Million | +25.14% |
| 2015-12-31 | CN¥118.71 Million | +59.23% |
| 2014-12-31 | CN¥74.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Seck Intelligent Tech Co'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 1085.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥356.38 Million | 36.20% |
| Common Stock | CN¥100.49 Million | 10.21% |
| Other Components | CN¥527.61 Million | 53.59% |
| Total Equity | CN¥984.48 Million | 100.00% |
Hangzhou Seck Intelligent Tech Co Competitors by Market Cap
The table below lists competitors of Hangzhou Seck Intelligent Tech Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willow Lane Acquisition Corp. Unit
NASDAQ:WLACU
|
$139.38 Million |
|
EPC Groupe
PA:EXPL
|
$139.39 Million |
|
WildBrain Ltd
PINK:WLDBF
|
$139.54 Million |
|
Sindoh
KO:029530
|
$139.55 Million |
|
Vuno Inc.
KQ:338220
|
$139.34 Million |
|
Pet Center Comércio e Participações S.A.
SA:PETZ3
|
$139.30 Million |
|
CFH
RO:CFH
|
$139.27 Million |
|
Hangzhou Landscape Architecture Design Institute Co Ltd
SHE:300649
|
$139.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Seck Intelligent Tech Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 982,099,989 to 984,479,066, a change of 2,379,077 (0.2%).
- Net income of 81,452,899 contributed positively to equity growth.
- Dividend payments of 56,929,125 reduced retained earnings.
- Share repurchases of 22,201,748 reduced equity.
- Other comprehensive income decreased equity by 34,000,000.
- Other factors increased equity by 34,057,051.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.45 Million | +8.27% |
| Dividends Paid | CN¥56.93 Million | -5.78% |
| Share Repurchases | CN¥22.20 Million | -2.26% |
| Other Comprehensive Income | CN¥-34.00 Million | -3.45% |
| Other Changes | CN¥34.06 Million | +3.46% |
| Total Change | CN¥- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Seck Intelligent Tech Co'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: 2.62x
- 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 10.03x to 2.62x 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¥2.59 | CN¥25.93 | x |
| 2016-12-31 | CN¥2.92 | CN¥25.93 | x |
| 2017-12-31 | CN¥3.68 | CN¥25.93 | x |
| 2018-12-31 | CN¥4.49 | CN¥25.93 | x |
| 2019-12-31 | CN¥4.18 | CN¥25.93 | x |
| 2020-12-31 | CN¥12.47 | CN¥25.93 | x |
| 2021-12-31 | CN¥13.19 | CN¥25.93 | x |
| 2022-12-31 | CN¥13.68 | CN¥25.93 | x |
| 2023-12-31 | CN¥9.79 | CN¥25.93 | x |
| 2024-12-31 | CN¥9.91 | CN¥25.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Seck Intelligent Tech Co 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): 8.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.27%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.31x
- Recent ROE (8.27%) is below the historical average (17.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 35.46% | 26.30% | 0.89x | 1.51x | CN¥18.73 Million |
| 2015 | 16.24% | 15.16% | 0.80x | 1.33x | CN¥7.33 Million |
| 2016 | 22.25% | 21.41% | 0.74x | 1.40x | CN¥18.19 Million |
| 2017 | 26.08% | 23.69% | 0.85x | 1.29x | CN¥30.09 Million |
| 2018 | 22.95% | 21.81% | 0.81x | 1.30x | CN¥29.75 Million |
| 2019 | 22.87% | 20.28% | 0.76x | 1.48x | CN¥36.61 Million |
| 2020 | 8.24% | 18.34% | 0.37x | 1.22x | CN¥-14.94 Million |
| 2021 | 10.01% | 18.55% | 0.42x | 1.28x | CN¥107.70K |
| 2022 | 8.71% | 14.35% | 0.46x | 1.32x | CN¥-12.04 Million |
| 2023 | 9.45% | 14.17% | 0.51x | 1.31x | CN¥-5.36 Million |
| 2024 | 8.27% | 12.27% | 0.51x | 1.31x | CN¥-17.00 Million |
Industry Comparison
This section compares Hangzhou Seck Intelligent Tech Co's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Seck Intelligent Tech Co (300897) | CN¥980.08 Million | 35.46% | 0.26x | $139.36 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |