Guangdong Kingshine Electronic Tech

SHE:300903 China Electronic Components
Market Cap
$2.23 Billion
CN¥16.35 Billion CNY
Market Cap Rank
#6091 Global
#890 in China
Share Price
CN¥37.55
Change (1 day)
+2.01%
52-Week Range
CN¥6.20 - CN¥41.59
All Time High
CN¥41.59
Categories
Companies in China Electronic Components Technology AI & Machine Learning
About

Guangdong Kingshine Electronic Technology Co.,Ltd. engages in the research and development, production, and sale of high-density printed circuit boards in China. It offers milimeter wave radar PCB, light module PCB, industrial control class PF PCB, switch PCB, server PCB, new energy, thick copper plate, and HDI board. Its products are primarily used in consumer electronics, network communication … Read more

Guangdong Kingshine Electronic Tech (300903) - Net Assets

Latest net assets as of September 2025: CN¥1.74 Billion CNY

Based on the latest financial reports, Guangdong Kingshine Electronic Tech (300903) has net assets worth CN¥1.74 Billion 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¥6.61 Billion) and total liabilities (CN¥4.86 Billion). 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¥1.74 Billion
% of Total Assets 26.39%
Annual Growth Rate 52.3%
5-Year Change 63.09%
10-Year Change N/A
Growth Volatility 157.3

Guangdong Kingshine Electronic Tech - Net Assets Trend (2016–2024)

This chart illustrates how Guangdong Kingshine Electronic Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guangdong Kingshine Electronic Tech (2016–2024)

The table below shows the annual net assets of Guangdong Kingshine Electronic Tech from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.87 Billion -16.27%
2023-12-31 CN¥2.23 Billion -6.23%
2022-12-31 CN¥2.38 Billion +97.65%
2021-12-31 CN¥1.21 Billion +5.10%
2020-12-31 CN¥1.15 Billion +112.28%
2019-12-31 CN¥540.33 Million +17.56%
2018-12-31 CN¥459.63 Million +20.66%
2017-12-31 CN¥380.92 Million +489.45%
2016-12-31 CN¥64.62 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Kingshine Electronic Tech'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 decreased by 15634084091.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥414.69 Million 22.36%
Other Comprehensive Income CN¥35.09 Million 1.89%
Other Components CN¥1.58 Billion 85.45%
Total Equity CN¥1.85 Billion 100.00%

Guangdong Kingshine Electronic Tech Competitors by Market Cap

The table below lists competitors of Guangdong Kingshine Electronic Tech ranked by their market capitalization.

Company Market Cap
MINISO GROUP A DL-0001
F:MIF0
 		$1.39 Billion
Ryman Healthcare Limited
PINK:RHCGF
 		$1.39 Billion
LianChuang Electronic Technology Co Ltd
SHE:002036
 		$1.39 Billion
Intuitive Machines Inc.
NASDAQ:LUNR
 		$1.39 Billion
Betsson AB (publ)
PINK:BTSNY
 		$1.39 Billion
Beijing Wantai Biological Pharmacy Enterprise Co Ltd
SHG:603392
 		$1.39 Billion
Borregaard ASA
PINK:BRRDF
 		$1.39 Billion
Hakuhodo DY Holdings Inc
OTCGREY:HKUOF
 		$1.39 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong Kingshine Electronic Tech's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,198,247,520 to 1,854,262,828, a change of -343,984,692 (-15.6%).
  • Net loss of 343,655,259 reduced equity.
  • Dividend payments of 49,545,389 reduced retained earnings.
  • Share repurchases of 14,737,608 reduced equity.
  • Other comprehensive income increased equity by 35,086,569.
  • Other factors increased equity by 28,866,995.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-343.66 Million -18.53%
Dividends Paid CN¥49.55 Million -2.67%
Share Repurchases CN¥14.74 Million -0.79%
Other Comprehensive Income CN¥35.09 Million +1.89%
Other Changes CN¥28.87 Million +1.56%
Total Change CN¥- -15.65%

Book Value vs Market Value Analysis

This analysis compares Guangdong Kingshine Electronic Tech'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: 8.38x
  • 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 92.98x to 8.38x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥0.40 CN¥37.55 x
2017-12-31 CN¥2.13 CN¥37.55 x
2018-12-31 CN¥1.98 CN¥37.55 x
2019-12-31 CN¥1.74 CN¥37.55 x
2020-12-31 CN¥3.70 CN¥37.55 x
2021-12-31 CN¥3.89 CN¥37.55 x
2022-12-31 CN¥6.07 CN¥37.55 x
2023-12-31 CN¥5.30 CN¥37.55 x
2024-12-31 CN¥4.48 CN¥37.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Kingshine Electronic Tech 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): -18.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.12%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 3.96x
  • Recent ROE (-18.53%) is below the historical average (10.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 61.90% 4.27% 0.95x 15.28x CN¥33.54 Million
2017 16.49% 5.52% 0.93x 3.20x CN¥24.71 Million
2018 11.17% 4.29% 1.00x 2.60x CN¥5.37 Million
2019 13.87% 5.64% 0.97x 2.54x CN¥20.93 Million
2020 9.16% 6.56% 0.71x 1.96x CN¥-9.67 Million
2021 5.89% 3.15% 0.63x 2.96x CN¥-49.60 Million
2022 2.12% 1.90% 0.42x 2.62x CN¥-186.50 Million
2023 -7.25% -5.38% 0.44x 3.03x CN¥-379.14 Million
2024 -18.53% -10.12% 0.46x 3.96x CN¥-529.08 Million

Industry Comparison

This section compares Guangdong Kingshine Electronic Tech's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $19,755,021,352
  • Average return on equity (ROE) among peers: 13.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Kingshine Electronic Tech (300903) CN¥1.74 Billion 61.90% 2.79x $1.39 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $333.77 Million 13.69% 0.32x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $464.21 Million 30.94% 3.01x $765.51 Million
CPT Technology Group Co Ltd (000536) $3.17 Billion 11.02% 0.49x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $5.64 Billion 6.01% 0.24x $2.22 Billion
Xiamen Xindeco Ltd (000701) $5.06 Billion 0.44% 2.24x $317.21 Million
BOE Technology Group Co Ltd (000725) $173.40 Billion 2.90% 1.45x $20.28 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $7.44 Billion 20.05% 0.50x $2.57 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $396.59 Million 6.89% 0.36x $1.38 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $1.25 Billion 10.37% 0.46x $179.30 Million
Shanghai Smart Control Co. Ltd. (001266) $398.47 Million 32.69% 0.39x $155.36 Million