Guangdong Kingshine Electronic Tech (300903) - Net Assets

Latest as of September 2025: CN¥1.74 Billion CNY ≈ $255.18 Million USD

Based on the latest financial reports, Guangdong Kingshine Electronic Tech (300903) has net assets worth CN¥1.74 Billion CNY (≈ $255.18 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¥6.61 Billion ≈ $966.83 Million USD) and total liabilities (CN¥4.86 Billion ≈ $711.65 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 financial resilience of Guangdong Kingshine Electronic Tech to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Guangdong Kingshine Electronic Tech's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Guangdong Kingshine Electronic Tech (300903) total market value.

Year	Net Assets	Change
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 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
Red Rock Resorts Inc NASDAQ:RRR	$3.17 Billion
ZIM Integrated Shipping Services Ltd NYSE:ZIM	$3.17 Billion
Aerospace CH UAV Co Ltd SHE:002389	$3.17 Billion
Jiangxi Lianchuang Opto-electronic Science & Technology Co Ltd SHG:600363	$3.17 Billion
China National Medicines Corp Ltd SHG:600511	$3.16 Billion
Avient Corp NYSE:AVNT	$3.16 Billion
Holitech Technology Co Ltd SHE:002217	$3.16 Billion
Titan Wind Energy Suzhou SHE:002531	$3.16 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: 11.09x
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 122.99x to 11.09x 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¥49.67	x
2017-12-31	CN¥2.13	CN¥49.67	x
2018-12-31	CN¥1.98	CN¥49.67	x
2019-12-31	CN¥1.74	CN¥49.67	x
2020-12-31	CN¥3.70	CN¥49.67	x
2021-12-31	CN¥3.89	CN¥49.67	x
2022-12-31	CN¥6.07	CN¥49.67	x
2023-12-31	CN¥5.30	CN¥49.67	x
2024-12-31	CN¥4.48	CN¥49.67	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: $2,959,429,291
Average return on equity (ROE) among peers: 10.19%

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	$3.16 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$266.56 Million	3.44%	1.72x	$423.10 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$2.86 Billion	17.55%	2.07x	$1.63 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.09 Billion	2.98%	1.57x	$483.17 Million
CPT Technology Group Co Ltd (000536)	$3.32 Billion	10.43%	0.37x	$1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$6.06 Billion	5.92%	0.45x	$4.25 Billion
Xiamen Xindeco Ltd (000701)	$217.53 Million	0.00%	0.71x	$586.43 Million
BOE Technology Group Co Ltd (000725)	$466.65 Million	21.84%	0.74x	$21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$9.75 Billion	24.43%	0.39x	$3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$4.17 Billion	8.18%	0.30x	$2.15 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.38 Billion	7.09%	0.20x	$4.88 Billion

About Guangdong Kingshine Electronic Tech

SHE:300903 China Electronic Components

Market Cap

$3.16 Billion

CN¥21.63 Billion CNY

Market Cap Rank

#4777 Global

#883 in China

Share Price

CN¥49.67

Change (1 day)

-1.15%

52-Week Range

CN¥7.76 - CN¥50.25

All Time High

CN¥50.25