Chengdu RML Technology Co. Ltd.
Chengdu RML Technology Co., Ltd. engages in the research, development, manufacturing, testing, and sale of millimeter-wave microsystems. It offers high integration, high output power, high reliability, and fast beam scanning products. Chengdu RML Technology Co., Ltd. was founded in 2007 and is based in Chengdu, China.
Chengdu RML Technology Co. Ltd. (301050) - Net Assets
Latest net assets as of June 2025: CN¥3.08 Billion CNY
Based on the latest financial reports, Chengdu RML Technology Co. Ltd. (301050) has net assets worth CN¥3.08 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.00 Billion) and total liabilities (CN¥927.37 Million). 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¥3.08 Billion |
| % of Total Assets | 76.83% |
| Annual Growth Rate | 50.42% |
| 5-Year Change | 486.18% |
| 10-Year Change | N/A |
| Growth Volatility | 116.22 |
Chengdu RML Technology Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Chengdu RML Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chengdu RML Technology Co. Ltd. (2019–2024)
The table below shows the annual net assets of Chengdu RML Technology Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.97 Billion | +11.53% |
| 2023-12-31 | CN¥2.67 Billion | +13.94% |
| 2022-12-31 | CN¥2.34 Billion | +13.19% |
| 2021-12-31 | CN¥2.07 Billion | +307.52% |
| 2020-12-31 | CN¥507.16 Million | +31.48% |
| 2019-12-31 | CN¥385.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu RML Technology Co. Ltd.'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 113816944867.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.03 Billion | 34.58% |
| Other Components | CN¥1.94 Billion | 65.42% |
| Total Equity | CN¥2.97 Billion | 100.00% |
Chengdu RML Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Chengdu RML Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUTOHOME INC. A DL -01
F:8AHA
|
$918.70 Million |
|
Hubei TKD Crystal Electn
SHG:603738
|
$919.33 Million |
|
Kingenta Ecological Engineering Group Co Ltd
SHE:002470
|
$919.45 Million |
|
Monde Nissin Corporation
PINK:MNDDF
|
$919.51 Million |
|
Harrow Health Inc
NASDAQ:HROW
|
$918.52 Million |
|
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd
SHE:300139
|
$918.28 Million |
|
Univest Corporation Pennsylvania
NASDAQ:UVSP
|
$918.00 Million |
|
Tootsie Roll Industries Inc
NYSE:TR
|
$917.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu RML Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,665,612,675 to 2,972,849,417, a change of 307,236,742 (11.5%).
- Net income of 342,675,046 contributed positively to equity growth.
- Dividend payments of 122,456,211 reduced retained earnings.
- Other factors increased equity by 87,017,907.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥342.68 Million | +11.53% |
| Dividends Paid | CN¥122.46 Million | -4.12% |
| Other Changes | CN¥87.02 Million | +2.93% |
| Total Change | CN¥- | 11.53% |
Book Value vs Market Value Analysis
This analysis compares Chengdu RML Technology Co. Ltd.'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: 3.73x
- 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 15.35x to 3.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥2.95 | CN¥45.32 | x |
| 2020-12-31 | CN¥2.77 | CN¥45.32 | x |
| 2021-12-31 | CN¥8.47 | CN¥45.32 | x |
| 2022-12-31 | CN¥9.59 | CN¥45.32 | x |
| 2023-12-31 | CN¥10.88 | CN¥45.32 | x |
| 2024-12-31 | CN¥12.14 | CN¥45.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu RML Technology Co. Ltd. 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): 11.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.05%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.23x
- Recent ROE (11.53%) is below the historical average (14.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 21.46% | 27.85% | 0.48x | 1.59x | CN¥44.19 Million |
| 2020 | 23.89% | 35.42% | 0.38x | 1.79x | CN¥70.43 Million |
| 2021 | 9.75% | 27.42% | 0.26x | 1.39x | CN¥-5.17 Million |
| 2022 | 11.85% | 32.23% | 0.22x | 1.66x | CN¥43.28 Million |
| 2023 | 11.45% | 34.46% | 0.19x | 1.71x | CN¥38.68 Million |
| 2024 | 11.53% | 29.05% | 0.32x | 1.23x | CN¥45.39 Million |
Industry Comparison
This section compares Chengdu RML Technology Co. Ltd.'s net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,543,065,573
- Average return on equity (ROE) among peers: 4.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu RML Technology Co. Ltd. (301050) | CN¥3.08 Billion | 21.46% | 0.30x | $918.69 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.25 Billion | 2.51% | 0.54x | $2.16 Billion |
| Oriental Times Media Corp (002175) | $1.13 Billion | -24.00% | 0.89x | $425.59 Million |
| Changchun UP Optotech Co Ltd (002338) | $616.40 Million | 7.79% | 0.19x | $827.73 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $850.94 Million | 6.22% | 0.11x | $479.89 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $2.94 Billion | -36.19% | 1.91x | $547.30 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $273.32 Million | 13.59% | 1.32x | $2.03 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $231.61 Million | 45.18% | 0.48x | $2.68 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.13 Billion | 6.69% | 0.30x | $365.53 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.55 Billion | 8.69% | 0.35x | $295.65 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $464.60 Million | 14.36% | 0.69x | $364.59 Million |