ChinaEtek Service & Technology Co. Ltd. (301208) - Net Assets
Based on the latest financial reports, ChinaEtek Service & Technology Co. Ltd. (301208) has net assets worth CN¥1.53 Billion CNY (≈ $223.29 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.87 Billion ≈ $273.68 Million USD) and total liabilities (CN¥344.38 Million ≈ $50.39 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 ChinaEtek Service & Technology Co. Ltd. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.53 Billion |
| % of Total Assets | 81.59% |
| Annual Growth Rate | 34.36% |
| 5-Year Change | 256.25% |
| 10-Year Change | N/A |
| Growth Volatility | 55.77 |
ChinaEtek Service & Technology Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how ChinaEtek Service & Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See 301208 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ChinaEtek Service & Technology Co. Ltd. (2019–2024)
The table below shows the annual net assets of ChinaEtek Service & Technology Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see market cap of ChinaEtek Service & Technology Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.53 Billion ≈ $223.57 Million |
+3.23% |
| 2023-12-31 | CN¥1.48 Billion ≈ $216.57 Million |
+8.79% |
| 2022-12-31 | CN¥1.36 Billion ≈ $199.07 Million |
+152.94% |
| 2021-12-31 | CN¥537.84 Million ≈ $78.70 Million |
+25.41% |
| 2020-12-31 | CN¥428.87 Million ≈ $62.76 Million |
+22.97% |
| 2019-12-31 | CN¥348.77 Million ≈ $51.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ChinaEtek Service & 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 180.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥658.47 Million | 43.10% |
| Other Components | CN¥869.36 Million | 56.90% |
| Total Equity | CN¥1.53 Billion | 100.00% |
ChinaEtek Service & Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of ChinaEtek Service & Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kambi Group PLC Series B
IL:0EAW
|
$523.64 Million |
|
IDI S.C.A.
PA:IDIP
|
$523.70 Million |
|
CMS Info Systems Limited
NSE:CMSINFO
|
$523.82 Million |
|
Ambiq Micro, Inc.
NYSE:AMBQ
|
$524.36 Million |
|
Shanghai New Centurion Network Information Technology Co Ltd
SHG:605398
|
$523.59 Million |
|
Mstc Limited
NSE:MSTCLTD
|
$523.50 Million |
|
Care Property Invest NV
BR:CPINV
|
$523.34 Million |
|
Hoang Huy Investment Financial
VN:TCH
|
$523.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ChinaEtek Service & Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,480,020,678 to 1,527,834,151, a change of 47,813,473 (3.2%).
- Net income of 86,813,492 contributed positively to equity growth.
- Dividend payments of 39,000,020 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥86.81 Million | +5.68% |
| Dividends Paid | CN¥39.00 Million | -2.55% |
| Other Changes | CN¥-0.00 | -0.0% |
| Total Change | CN¥- | 3.23% |
Book Value vs Market Value Analysis
This analysis compares ChinaEtek Service & 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: 2.34x
- 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 4.27x to 2.34x 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¥6.98 | CN¥29.82 | x |
| 2020-12-31 | CN¥4.77 | CN¥29.82 | x |
| 2021-12-31 | CN¥5.98 | CN¥29.82 | x |
| 2022-12-31 | CN¥11.34 | CN¥29.82 | x |
| 2023-12-31 | CN¥12.33 | CN¥29.82 | x |
| 2024-12-31 | CN¥12.73 | CN¥29.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ChinaEtek Service & 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): 5.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.77%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.26x
- Recent ROE (5.68%) is below the historical average (15.17%), 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 | 22.18% | 9.52% | 1.16x | 2.00x | CN¥42.48 Million |
| 2020 | 20.09% | 10.51% | 0.97x | 1.96x | CN¥43.27 Million |
| 2021 | 22.76% | 10.35% | 1.27x | 1.73x | CN¥68.61 Million |
| 2022 | 10.40% | 10.68% | 0.72x | 1.36x | CN¥5.48 Million |
| 2023 | 9.88% | 10.44% | 0.70x | 1.35x | CN¥-1.75 Million |
| 2024 | 5.68% | 7.77% | 0.58x | 1.26x | CN¥-65.97 Million |
Industry Comparison
This section compares ChinaEtek Service & Technology Co. Ltd.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,287,784,802
- Average return on equity (ROE) among peers: 10.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ChinaEtek Service & Technology Co. Ltd. (301208) | CN¥1.53 Billion | 22.18% | 0.23x | $523.63 Million |
| Digital China Group Co Ltd (000034) | $106.09 Million | 15.80% | 2.57x | $2.82 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.25 Billion | 6.83% | 0.51x | $550.78 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $581.96 Million | 5.63% | 1.59x | $717.16 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $1.02 Billion |
| Shanghai HiTech Control System (002184) | $157.63 Million | 23.72% | 1.02x | $535.55 Million |
| SZZT Electronics Co Ltd (002197) | $2.77 Billion | 1.96% | 0.71x | $560.98 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.63 Billion |
| Westone Information Industry Inc (002268) | $1.28 Billion | 9.30% | 0.50x | $1.64 Billion |
| Taiji Computer Corp Ltd (002368) | $1.88 Billion | 9.40% | 1.05x | $1.55 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.14 Billion | 16.98% | 2.15x | $706.48 Million |
About ChinaEtek Service & Technology Co. Ltd.
ChinaEtek Service & Technology Co., Ltd. provides information technology (IT) infrastructure services in China, Hong Kong, Macau, Taiwan, and internationally. The company offers MA maintenance service for hardware direction, including PC servers, minicomputers, storage, routers, switches, security equipment, etc., as well as software services comprising databases, middleware, operating systems, v… Read more