Guangdong Kingshine Electronic Tech (300903) - Net Assets

Latest as of March 2026: CN¥1.84 Billion CNY ≈ $268.79 Million USD

Based on the latest financial reports, Guangdong Kingshine Electronic Tech (300903) has net assets worth CN¥1.84 Billion CNY (≈ $268.79 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.04 Billion ≈ $1.03 Billion USD) and total liabilities (CN¥5.20 Billion ≈ $761.59 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 allocation strategy of Guangdong Kingshine Electronic Tech to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.84 Billion
% of Total Assets	26.09%
Annual Growth Rate	42.98%
5-Year Change	33.81%
10-Year Change	N/A
Growth Volatility	151.84

Guangdong Kingshine Electronic Tech - Net Assets Trend (2016–2025)

This chart illustrates how Guangdong Kingshine Electronic Tech's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300903 company net worth.

Annual Net Assets for Guangdong Kingshine Electronic Tech (2016–2025)

The table below shows the annual net assets of Guangdong Kingshine Electronic Tech from 2016 to 2025. Also explore Guangdong Kingshine Electronic Tech equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥1.61 Billion ≈ $236.04 Million	-13.77%
2024-12-31	CN¥1.87 Billion ≈ $273.74 Million	-16.27%
2023-12-31	CN¥2.23 Billion ≈ $326.94 Million	-6.23%
2022-12-31	CN¥2.38 Billion ≈ $348.66 Million	+97.65%
2021-12-31	CN¥1.21 Billion ≈ $176.40 Million	+5.10%
2020-12-31	CN¥1.15 Billion ≈ $167.84 Million	+112.28%
2019-12-31	CN¥540.33 Million ≈ $79.07 Million	+17.56%
2018-12-31	CN¥459.63 Million ≈ $67.26 Million	+20.66%
2017-12-31	CN¥380.92 Million ≈ $55.74 Million	+489.45%
2016-12-31	CN¥64.62 Million ≈ $9.46 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 40267031594.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥2.03 Billion	126.65%
Total Equity	CN¥1.60 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
President Chain Store Corp TW:2912	$7.09 Billion
Eva Airways Corp TW:2618	$7.10 Billion
China Aerospace Times Electronics Co Ltd SHG:600879	$7.11 Billion
Pilgrims Pride Corp NASDAQ:PPC	$7.11 Billion
Delivery Hero SE XETRA:DHER	$7.08 Billion
Shandong Hi-speed Co Ltd SHG:600350	$7.07 Billion
Impulsora del Desarrollo y el Empleo en América Latina S.A.B. de C.V MX:IDEALB-1	$7.07 Billion
Jiangsu Expressway Co Ltd SHG:600377	$7.07 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 2024 to 2025, total equity changed from 1,854,262,828 to 1,599,239,143, a change of -255,023,685 (-13.8%).
Net loss of 246,329,474 reduced equity.
Dividend payments of 51,123,899 reduced retained earnings.
Other comprehensive income decreased equity by 35,086,569.
Other factors increased equity by 77,516,257.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-246.33 Million	-15.4%
Dividends Paid	CN¥51.12 Million	-3.2%
Other Comprehensive Income	CN¥-35.09 Million	-2.19%
Other Changes	CN¥77.52 Million	+4.85%
Total Change	CN¥-	-13.75%

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: 28.83x
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 275.31x to 28.83x 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¥111.19	x
2017-12-31	CN¥2.12	CN¥111.19	x
2018-12-31	CN¥1.99	CN¥111.19	x
2019-12-31	CN¥2.32	CN¥111.19	x
2020-12-31	CN¥4.80	CN¥111.19	x
2021-12-31	CN¥3.89	CN¥111.19	x
2022-12-31	CN¥6.07	CN¥111.19	x
2023-12-31	CN¥5.30	CN¥111.19	x
2024-12-31	CN¥4.48	CN¥111.19	x
2025-12-31	CN¥3.86	CN¥111.19	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): -15.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.62%
• Asset Turnover: 0.56x
• Equity Multiplier: 4.16x
Recent ROE (-15.40%) is below the historical average (7.94%), 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
2025	-15.40%	-6.62%	0.56x	4.16x	CN¥-406.25 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: $21,793,594,840
Average return on equity (ROE) among peers: 5.96%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guangdong Kingshine Electronic Tech (300903)	CN¥1.84 Billion	61.90%	2.83x	$7.08 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$276.58 Million	-2.80%	0.72x	$343.57 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$203.00 Million	7.45%	1.27x	$1.25 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.48 Billion	6.33%	0.88x	$475.80 Million
CPT Technology Group Co Ltd (000536)	$3.66 Billion	10.45%	1.63x	$1.42 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$2.23 Billion	1.92%	0.29x	$9.85 Billion
Xiamen Xindeco Ltd (000701)	$559.37 Million	5.77%	1.77x	$511.27 Million
BOE Technology Group Co Ltd (000725)	$204.55 Billion	2.60%	1.10x	$31.49 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$1.19 Billion	5.98%	0.43x	$3.32 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$1.20 Billion	11.77%	0.91x	$2.04 Billion
Guizhou Space Appliance Co Ltd (002025)	$2.59 Billion	10.09%	0.44x	$4.93 Billion

About Guangdong Kingshine Electronic Tech

SHE:300903 China Electronic Components

Market Cap

$7.08 Billion

CN¥48.41 Billion CNY

Market Cap Rank

#2863 Global

#351 in China

Share Price

CN¥111.19

Change (1 day)

-1.47%

52-Week Range

CN¥12.12 - CN¥112.85

All Time High

CN¥112.85