Hangzhou Seck Intelligent Tech Co (300897) - Net Assets
Based on the latest financial reports, Hangzhou Seck Intelligent Tech Co (300897) has net assets worth CN¥980.08 Million CNY (≈ $143.42 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¥1.24 Billion ≈ $181.10 Million USD) and total liabilities (CN¥257.52 Million ≈ $37.68 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 Hangzhou Seck Intelligent Tech Co asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 300897 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Hangzhou Seck Intelligent Tech Co.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥984.09 Million ≈ $144.00 Million |
+0.20% |
| 2023-12-31 | CN¥982.15 Million ≈ $143.72 Million |
+5.60% |
| 2022-12-31 | CN¥930.05 Million ≈ $136.10 Million |
+3.72% |
| 2021-12-31 | CN¥896.68 Million ≈ $131.21 Million |
+5.78% |
| 2020-12-31 | CN¥847.71 Million ≈ $124.05 Million |
+198.00% |
| 2019-12-31 | CN¥284.47 Million ≈ $41.63 Million |
+23.86% |
| 2018-12-31 | CN¥229.67 Million ≈ $33.61 Million |
+22.72% |
| 2017-12-31 | CN¥187.16 Million ≈ $27.39 Million |
+25.99% |
| 2016-12-31 | CN¥148.55 Million ≈ $21.74 Million |
+25.14% |
| 2015-12-31 | CN¥118.71 Million ≈ $17.37 Million |
+59.23% |
| 2014-12-31 | CN¥74.55 Million ≈ $10.91 Million |
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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 |
|---|---|
|
Huaren Pharmaceutical Co Ltd
SHE:300110
|
$544.93 Million |
|
Sage Therapeutics Inc
NASDAQ:SAGE
|
$544.94 Million |
|
MiMedx Group Inc
NASDAQ:MDXG
|
$545.02 Million |
|
AB S.A.
WAR:ABE
|
$545.03 Million |
|
C.E. Info Systems Limited
NSE:MAPMYINDIA
|
$544.27 Million |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
$544.16 Million |
|
Tibet Aim Pharm Inc
SHE:002826
|
$544.09 Million |
|
Vietnam Construction and Import Export JSC
VN:VCG
|
$544.05 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 81,452,898 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 34,057,052.
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: 3.75x
- 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 21.26x to 3.75x 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¥1.25 | CN¥26.54 | x |
| 2016-12-31 | CN¥1.41 | CN¥26.54 | x |
| 2017-12-31 | CN¥1.77 | CN¥26.54 | x |
| 2018-12-31 | CN¥2.17 | CN¥26.54 | x |
| 2019-12-31 | CN¥2.70 | CN¥26.54 | x |
| 2020-12-31 | CN¥7.38 | CN¥26.54 | x |
| 2021-12-31 | CN¥6.36 | CN¥26.54 | x |
| 2022-12-31 | CN¥6.60 | CN¥26.54 | x |
| 2023-12-31 | CN¥6.95 | CN¥26.54 | x |
| 2024-12-31 | CN¥7.08 | CN¥26.54 | 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¥107.71K |
| 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: $865,454,265
- Average return on equity (ROE) among peers: 5.33%
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 | $544.56 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $75.19 Million | 20.40% | 0.95x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $840.05 Million | 5.20% | 0.18x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $285.64 Million | 28.39% | 0.38x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $351.64 Million | 18.36% | 1.54x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $4.35 Billion | 22.99% | 0.47x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $148.43 Million | 21.43% | 0.59x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $1.07 Billion | 9.35% | 0.09x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About 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