Chongqing VDL Electronics Co. Ltd. A (301121) - Net Assets
Based on the latest financial reports, Chongqing VDL Electronics Co. Ltd. A (301121) has net assets worth CN¥1.74 Billion CNY (≈ $255.28 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¥3.19 Billion ≈ $467.33 Million USD) and total liabilities (CN¥1.45 Billion ≈ $212.05 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 Chongqing VDL Electronics Co. Ltd. A liquid asset ratio 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 | 54.63% |
| Annual Growth Rate | 66.3% |
| 5-Year Change | 221.83% |
| 10-Year Change | N/A |
| Growth Volatility | 88.29 |
Chongqing VDL Electronics Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Chongqing VDL Electronics Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Chongqing VDL Electronics Co. Ltd. A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Chongqing VDL Electronics Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Chongqing VDL Electronics Co. Ltd. A from 2017 to 2024. For live valuation and market cap data, see Chongqing VDL Electronics Co. Ltd. A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.66 Billion ≈ $243.63 Million |
+1.10% |
| 2023-12-31 | CN¥1.65 Billion ≈ $240.99 Million |
+1.23% |
| 2022-12-31 | CN¥1.63 Billion ≈ $238.07 Million |
+163.23% |
| 2021-12-31 | CN¥618.06 Million ≈ $90.44 Million |
+19.47% |
| 2020-12-31 | CN¥517.34 Million ≈ $75.70 Million |
+68.79% |
| 2019-12-31 | CN¥306.51 Million ≈ $44.85 Million |
+81.08% |
| 2018-12-31 | CN¥169.27 Million ≈ $24.77 Million |
+257.69% |
| 2017-12-31 | CN¥47.32 Million ≈ $6.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chongqing VDL Electronics Co. Ltd. A'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 3811.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥340.84 Million | 20.47% |
| Common Stock | CN¥70.80 Million | 4.25% |
| Other Comprehensive Income | CN¥4.01 Million | 0.24% |
| Other Components | CN¥1.25 Billion | 75.04% |
| Total Equity | CN¥1.66 Billion | 100.00% |
Chongqing VDL Electronics Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Chongqing VDL Electronics Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kid ASA
OL:KID
|
$563.71 Million |
|
Huasu Holdings Co Ltd
SHE:000509
|
$563.75 Million |
|
SandRidge Energy Inc
NYSE:SD
|
$564.11 Million |
|
ICRA Limited
NSE:ICRA
|
$564.29 Million |
|
WCE Holdings Bhd
KLSE:3565
|
$563.45 Million |
|
Wuxi Hodgen Technology Co Ltd
SHE:300279
|
$563.26 Million |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
|
$563.26 Million |
|
Ningxia Qinglong Pipes Industry Co Ltd
SHE:002457
|
$563.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing VDL Electronics Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,646,899,202 to 1,664,951,559, a change of 18,052,357 (1.1%).
- Net income of 80,201,922 contributed positively to equity growth.
- Dividend payments of 36,452,514 reduced retained earnings.
- Share repurchases of 20,517,278 reduced equity.
- Other comprehensive income increased equity by 4,010,615.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥80.20 Million | +4.82% |
| Dividends Paid | CN¥36.45 Million | -2.19% |
| Share Repurchases | CN¥20.52 Million | -1.23% |
| Other Comprehensive Income | CN¥4.01 Million | +0.24% |
| Other Changes | CN¥-9.19 Million | -0.55% |
| Total Change | CN¥- | 1.10% |
Book Value vs Market Value Analysis
This analysis compares Chongqing VDL Electronics Co. Ltd. A'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: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 40.71x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.96 | CN¥38.97 | x |
| 2018-12-31 | CN¥3.42 | CN¥38.97 | x |
| 2019-12-31 | CN¥6.20 | CN¥38.97 | x |
| 2020-12-31 | CN¥9.80 | CN¥38.97 | x |
| 2021-12-31 | CN¥11.66 | CN¥38.97 | x |
| 2022-12-31 | CN¥27.74 | CN¥38.97 | x |
| 2023-12-31 | CN¥23.00 | CN¥38.97 | x |
| 2024-12-31 | CN¥23.77 | CN¥38.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing VDL Electronics Co. Ltd. A 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): 4.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.00%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.57x
- Recent ROE (4.82%) is below the historical average (15.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 30.40% | 10.06% | 1.09x | 2.77x | CN¥9.65 Million |
| 2018 | 23.82% | 17.09% | 0.92x | 1.52x | CN¥23.39 Million |
| 2019 | 20.80% | 15.13% | 0.92x | 1.49x | CN¥33.11 Million |
| 2020 | 22.76% | 18.44% | 0.86x | 1.43x | CN¥66.03 Million |
| 2021 | 16.29% | 12.60% | 0.70x | 1.84x | CN¥38.91 Million |
| 2022 | 2.63% | 4.64% | 0.41x | 1.38x | CN¥-119.88 Million |
| 2023 | 1.43% | 2.43% | 0.39x | 1.52x | CN¥-141.06 Million |
| 2024 | 4.82% | 7.00% | 0.44x | 1.57x | CN¥-86.29 Million |
Industry Comparison
This section compares Chongqing VDL Electronics Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing VDL Electronics Co. Ltd. A (301121) | CN¥1.74 Billion | 30.40% | 0.83x | $563.56 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Chongqing VDL Electronics Co. Ltd. A
Chongqing VDL Electronics Co., Ltd. engages in research and development, design, production, and sale of consumer rechargeable lithium-ion battery products in China and internationally. The company offers square, button, cylindrical, special-shaped, and needle-shaped batteries. It products are used in smart hardware products, such as true wireless stereo bluetooth earbuds, smart bracelets, smart … Read more