Guangdong Kingshine Electronic Tech Net Assets
Guangdong Kingshine Electronic Tech net assets. 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. Also explore 300903 net assets growth trend to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Guangdong Kingshine Electronic Tech (2016–2025)
Net assets of Guangdong Kingshine Electronic Tech from 2016 to 2025. This chart illustrates how Guangdong Kingshine Electronic Tech's net assets have evolved over time, based on quarterly financial data. See Guangdong Kingshine Electronic Tech balance sheet independence to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see 300903 market cap overview.
| 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 |
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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.
Guangdong Kingshine Electronic Tech Net Assets Breakdown (December 2025)
Guangdong Kingshine Electronic Tech net assets breakdown by equity component as of 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 |
|---|---|
|
Cia de Distribucion Integral
MC:LOG
|
$4.47 Billion |
|
UMICORE S.A UNSP.ADR 1/4
F:NVJ
|
$4.47 Billion |
|
Fulton Financial Corporation
NASDAQ:FULT
|
$4.47 Billion |
|
Vietnam Dairy Products JSC
VN:VNM
|
$4.47 Billion |
|
Griffon Corporation
NYSE:GFF
|
$4.46 Billion |
|
L&K Engineering Co Ltd
TW:6139
|
$4.46 Billion |
|
Stonex Group Inc
NASDAQ:SNEX
|
$4.46 Billion |
|
Pampa Energia SA
BA:PAMP
|
$4.46 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: 18.17x
- 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 173.52x to 18.17x 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¥70.08 | x |
| 2017-12-31 | CN¥2.12 | CN¥70.08 | x |
| 2018-12-31 | CN¥1.99 | CN¥70.08 | x |
| 2019-12-31 | CN¥2.32 | CN¥70.08 | x |
| 2020-12-31 | CN¥4.80 | CN¥70.08 | x |
| 2021-12-31 | CN¥3.89 | CN¥70.08 | x |
| 2022-12-31 | CN¥6.07 | CN¥70.08 | x |
| 2023-12-31 | CN¥5.30 | CN¥70.08 | x |
| 2024-12-31 | CN¥4.48 | CN¥70.08 | x |
| 2025-12-31 | CN¥3.86 | CN¥70.08 | 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: $3,535,078,749
- Average return on equity (ROE) among peers: -17.44%
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 | $4.46 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $319.70 Million | 1.71% | 0.98x | $299.30 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $173.91 Million | -9.94% | 2.76x | $1.16 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.07 Billion | 1.23% | 2.80x | $415.41 Million |
| CPT Technology Group Co Ltd (000536) | $64.98 Million | -195.96% | 6.06x | $1.24 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.28 Billion | 7.55% | 0.61x | $5.11 Billion |
| Xiamen Xindeco Ltd (000701) | $528.33 Million | 0.00% | 0.70x | $609.17 Million |
| BOE Technology Group Co Ltd (000725) | $21.94 Billion | 0.23% | 0.40x | $23.41 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.14 Billion | 5.95% | 1.01x | $2.80 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $1.51 Billion | 4.87% | 0.60x | $1.78 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.33 Billion | 10.00% | 0.39x | $3.09 Billion |
About Guangdong Kingshine Electronic Tech
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, HDI board, metal-based PCB and ceramic substrate. Its products are primarily used in consumer … Read more