Fullink Technology Co. LTD.
Fullink Technology Co.,Ltd engages in the research and development, production, and sales of computer, communication, and consumer electronics peripheral products and components in China. The company offers USB-C cable, adapter and docking station, thunderbolt dock, displayport, HDMI, VGA, video capture card, GaN charger, ergo stand, speaker hub, wireless charger, etc., as well as DP input; power… Read more
Fullink Technology Co. LTD. (301067) - Net Assets
Latest net assets as of June 2025: CN¥833.72 Million CNY
Based on the latest financial reports, Fullink Technology Co. LTD. (301067) has net assets worth CN¥833.72 Million 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¥1.23 Billion) and total liabilities (CN¥393.09 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¥833.72 Million |
| % of Total Assets | 67.96% |
| Annual Growth Rate | 44.28% |
| 5-Year Change | 357.36% |
| 10-Year Change | N/A |
| Growth Volatility | 132.96 |
Fullink Technology Co. LTD. - Net Assets Trend (2019–2024)
This chart illustrates how Fullink 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 Fullink Technology Co. LTD. (2019–2024)
The table below shows the annual net assets of Fullink Technology Co. LTD. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥853.84 Million | -1.45% |
| 2023-12-31 | CN¥866.44 Million | +1.95% |
| 2022-12-31 | CN¥849.84 Million | +3.28% |
| 2021-12-31 | CN¥822.82 Million | +340.75% |
| 2020-12-31 | CN¥186.69 Million | +36.78% |
| 2019-12-31 | CN¥136.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fullink 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 217.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥170.21 Million | 20.18% |
| Other Components | CN¥673.43 Million | 79.82% |
| Total Equity | CN¥843.64 Million | 100.00% |
Fullink Technology Co. LTD. Competitors by Market Cap
The table below lists competitors of Fullink Technology Co. LTD. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kailong High Technology Co. Ltd.
SHE:300912
|
$204.21 Million |
|
Gujarat Ambuja Exports Limited
NSE:GAEL
|
$204.24 Million |
|
Xuancheng Valin Precision Technology Co Ltd
SHG:603356
|
$204.25 Million |
|
Doright Co.Ltd.
SHE:300950
|
$204.34 Million |
|
VTEX
NYSE:VTEX
|
$204.14 Million |
|
CPMC Holdings Limited
F:8C3
|
$204.12 Million |
|
Olaplex Holdings Inc
NASDAQ:OLPX
|
$203.98 Million |
|
Hainan Meilan International Airport Company Limited
PINK:HMCTF
|
$203.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fullink Technology Co. LTD.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 852,239,773 to 843,638,279, a change of -8,601,494 (-1.0%).
- Net income of 8,057,307 contributed positively to equity growth.
- Dividend payments of 10,034,280 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.06 Million | +0.96% |
| Dividends Paid | CN¥10.03 Million | -1.19% |
| Other Changes | CN¥-6.62 Million | -0.79% |
| Total Change | CN¥- | -1.01% |
Book Value vs Market Value Analysis
This analysis compares Fullink 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: 3.69x
- 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 9.49x to 3.69x 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¥3.37 | CN¥31.98 | x |
| 2020-12-31 | CN¥2.56 | CN¥31.98 | x |
| 2021-12-31 | CN¥8.46 | CN¥31.98 | x |
| 2022-12-31 | CN¥8.74 | CN¥31.98 | x |
| 2023-12-31 | CN¥8.76 | CN¥31.98 | x |
| 2024-12-31 | CN¥8.68 | CN¥31.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fullink 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): 0.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.61x
- Recent ROE (0.96%) is below the historical average (15.33%), 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 | 37.92% | 12.29% | 1.53x | 2.02x | CN¥38.10 Million |
| 2020 | 35.57% | 12.52% | 1.29x | 2.20x | CN¥47.74 Million |
| 2021 | 6.50% | 9.40% | 0.53x | 1.31x | CN¥-28.78 Million |
| 2022 | 8.58% | 10.61% | 0.63x | 1.28x | CN¥-12.09 Million |
| 2023 | 2.43% | 3.03% | 0.55x | 1.45x | CN¥-64.53 Million |
| 2024 | 0.96% | 0.92% | 0.64x | 1.61x | CN¥-76.31 Million |
Industry Comparison
This section compares Fullink Technology Co. LTD.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,549,622,281
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fullink Technology Co. LTD. (301067) | CN¥833.72 Million | 37.92% | 0.47x | $204.14 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $3.49 Billion | 20.34% | 0.48x | $4.21 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $172.34 Million | 10.88% | 1.56x | $4.11 Billion |
| TPV Technology Co Ltd (000727) | $555.60 Million | -88.79% | 1.39x | $917.87 Million |
| Inspur Electronic Info Industr (000977) | $900.93 Million | 4.81% | 0.23x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $665.52 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.68K |
| Ninestar Corp (002180) | $322.23 Million | 8.58% | 0.16x | $2.12 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $337.64 Million | 61.25% | 0.41x | $15.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 1.62% | 0.12x | $265.22 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $599.23 Million |