Linktel Technologies Co. Ltd. A (301205) - Net Assets
Based on the latest financial reports, Linktel Technologies Co. Ltd. A (301205) has net assets worth CN¥1.63 Billion CNY (≈ $238.23 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¥3.06 Billion ≈ $448.22 Million USD) and total liabilities (CN¥1.43 Billion ≈ $209.98 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 Linktel Technologies Co. Ltd. A tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.63 Billion |
| % of Total Assets | 53.15% |
| Annual Growth Rate | 28.42% |
| 5-Year Change | 158.53% |
| 10-Year Change | N/A |
| Growth Volatility | 40.03 |
Linktel Technologies Co. Ltd. A - Net Assets Trend (2018–2025)
This chart illustrates how Linktel Technologies Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Linktel Technologies Co. Ltd. A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Linktel Technologies Co. Ltd. A (2018–2025)
The table below shows the annual net assets of Linktel Technologies Co. Ltd. A from 2018 to 2025. For live valuation and market cap data, see Linktel Technologies Co. Ltd. A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.62 Billion ≈ $236.96 Million |
+7.17% |
| 2024-12-31 | CN¥1.51 Billion ≈ $221.11 Million |
+6.29% |
| 2023-12-31 | CN¥1.42 Billion ≈ $208.03 Million |
+0.85% |
| 2022-12-31 | CN¥1.41 Billion ≈ $206.28 Million |
+125.06% |
| 2021-12-31 | CN¥626.36 Million ≈ $91.66 Million |
+26.14% |
| 2020-12-31 | CN¥496.55 Million ≈ $72.66 Million |
+45.23% |
| 2019-12-31 | CN¥341.90 Million ≈ $50.03 Million |
+21.64% |
| 2018-12-31 | CN¥281.07 Million ≈ $41.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Linktel Technologies 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 1353.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥352.02 Million | 21.74% |
| Other Components | CN¥1.27 Billion | 78.26% |
| Total Equity | CN¥1.62 Billion | 100.00% |
Linktel Technologies Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Linktel Technologies Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Essential Properties Realty Trust Inc
NYSE:EPRT
|
$6.57 Billion |
|
NEXGEN ENERGY LTD CDI/1
F:6NEA
|
$6.58 Billion |
|
Metallurgical Corporation of China Ltd
SHG:601618
|
$6.45 Billion |
|
Shin Kong Financial Holding Co Ltd
TW:2888
|
$6.58 Billion |
|
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt
F:RIG2
|
$6.56 Billion |
|
Bank Millennium S.A.
WAR:MIL
|
$6.55 Billion |
|
NexGen Energy Ltd.
TO:NXE
|
$6.55 Billion |
|
Xp Inc
NASDAQ:XP
|
$6.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Linktel Technologies Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,510,988,175 to 1,619,352,035, a change of 108,363,860 (7.2%).
- Net income of 103,086,531 contributed positively to equity growth.
- Dividend payments of 35,968,440 reduced retained earnings.
- Other comprehensive income decreased equity by 36,960,556.
- Other factors increased equity by 78,206,324.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥103.09 Million | +6.37% |
| Dividends Paid | CN¥35.97 Million | -2.22% |
| Other Comprehensive Income | CN¥-36.96 Million | -2.28% |
| Other Changes | CN¥78.21 Million | +4.83% |
| Total Change | CN¥- | 7.17% |
Book Value vs Market Value Analysis
This analysis compares Linktel Technologies 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: 27.68x
- 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 112.68x to 27.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥3.07 | CN¥345.50 | x |
| 2019-12-31 | CN¥3.74 | CN¥345.50 | x |
| 2020-12-31 | CN¥5.31 | CN¥345.50 | x |
| 2021-12-31 | CN¥6.44 | CN¥345.50 | x |
| 2022-12-31 | CN¥13.38 | CN¥345.50 | x |
| 2023-12-31 | CN¥10.96 | CN¥345.50 | x |
| 2024-12-31 | CN¥11.65 | CN¥345.50 | x |
| 2025-12-31 | CN¥12.48 | CN¥345.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Linktel Technologies 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): 6.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.20%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.87x
- Recent ROE (6.37%) is below the historical average (9.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 8.70% | 7.38% | 0.91x | 1.30x | CN¥-3.66 Million |
| 2019 | 16.50% | 14.96% | 0.82x | 1.35x | CN¥22.23 Million |
| 2020 | 8.69% | 8.34% | 0.77x | 1.36x | CN¥-6.50 Million |
| 2021 | 16.91% | 15.16% | 0.86x | 1.30x | CN¥43.26 Million |
| 2022 | 8.03% | 13.73% | 0.49x | 1.18x | CN¥-27.76 Million |
| 2023 | 1.86% | 4.37% | 0.35x | 1.22x | CN¥-115.68 Million |
| 2024 | 6.15% | 10.43% | 0.40x | 1.47x | CN¥-58.15 Million |
| 2025 | 6.37% | 8.20% | 0.42x | 1.87x | CN¥-58.85 Million |
Industry Comparison
This section compares Linktel Technologies Co. Ltd. A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $784,510,756
- Average return on equity (ROE) among peers: 15.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Linktel Technologies Co. Ltd. A (301205) | CN¥1.63 Billion | 8.70% | 0.88x | $6.56 Billion |
| ZTE Corp (000063) | $42.55 Million | 189.70% | 2.42x | $22.66 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $776.81 Million | 0.63% | 0.61x | $3.26 Billion |
| Addsino Co Ltd (000547) | $1.65 Billion | 6.50% | 0.32x | $4.33 Billion |
| Sichuan Huiyuan Optical Com (000586) | $282.30 Million | 0.55% | 1.18x | $407.33 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $120.98 Million | 7.28% | 1.57x | $379.34 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $817.32 Million | 5.76% | 1.86x | $1.64 Billion |
| Skyworth Digital Co Ltd (000810) | $236.05 Million | 5.92% | 1.50x | $2.06 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.88 Billion | 2.96% | 1.25x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $75.95 Million | -62.63% | 4.81x | $891.86 Million |
| Sunwave Communications Co Ltd (002115) | $960.07 Million | 1.45% | 1.12x | $1.27 Billion |
About Linktel Technologies Co. Ltd. A
Linktel Technologies Co., Ltd. focuses on the research and development, production, and sale of optical communication modules in China and internationally. Its optical module products are mainly composed of optical devices, functional circuits and optical interfaces; optical transmitting components TOSA, optical receiver components ROSA, printed circuit boards, integrated circuit chips, other ele… Read more