Zhejiang Meishuo Electric Technology Co. Ltd. A
Zhejiang Meishuo Electric Technology Co.,Ltd engages in the research and development, production and sales of relay control components and their derivative actuators, fluid solenoid valve products in China. The company offers general relays, automotive relays, magnetic latching relays, new energy relays, communication relays, fluid solenoid and water valves. It's products are used in household ap… Read more
Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) - Net Assets
Latest net assets as of June 2025: CN¥951.10 Million CNY
Based on the latest financial reports, Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) has net assets worth CN¥951.10 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¥1.28 Billion) and total liabilities (CN¥327.67 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¥951.10 Million |
| % of Total Assets | 74.38% |
| Annual Growth Rate | 55.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 90.4 |
Zhejiang Meishuo Electric Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zhejiang Meishuo Electric Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Meishuo Electric Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Zhejiang Meishuo Electric Technology Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥957.86 Million | -0.90% |
| 2023-12-31 | CN¥966.56 Million | +202.86% |
| 2022-12-31 | CN¥319.15 Million | +25.92% |
| 2021-12-31 | CN¥253.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Meishuo Electric Technology 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 69.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥225.00 Million | 23.49% |
| Other Components | CN¥732.86 Million | 76.51% |
| Total Equity | CN¥957.86 Million | 100.00% |
Zhejiang Meishuo Electric Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Meishuo Electric Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BV Financial, Inc. Common Stock
NASDAQ:BVFL
|
$135.51 Million |
|
908 Devices Inc
NASDAQ:MASS
|
$135.59 Million |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
$135.61 Million |
|
Brii Biosciences Limited
PINK:BRIBF
|
$135.65 Million |
|
Richardson Electronics Ltd
NASDAQ:RELL
|
$135.48 Million |
|
UNISEM Co. Ltd
KQ:036200
|
$135.48 Million |
|
NervGen Pharma Corp
OTCQB:NGENF
|
$135.47 Million |
|
OrganiGram Holdings Inc
NASDAQ:OGI
|
$135.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Meishuo Electric Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 966,560,399 to 957,858,268, a change of -8,702,131 (-0.9%).
- Net income of 27,297,869 contributed positively to equity growth.
- Dividend payments of 36,230,216 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.30 Million | +2.85% |
| Dividends Paid | CN¥36.23 Million | -3.78% |
| Other Changes | CN¥230.22K | +0.02% |
| Total Change | CN¥- | -0.90% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Meishuo Electric Technology 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: 3.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥0.00 | CN¥35.23 | x |
| 2022-12-31 | CN¥4.22 | CN¥35.23 | x |
| 2023-12-31 | CN¥9.59 | CN¥35.23 | x |
| 2024-12-31 | CN¥9.50 | CN¥35.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Meishuo Electric Technology 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): 2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.31%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.31x
- Recent ROE (2.85%) is below the historical average (6.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 11.59% | 1.13x | 0.00x | CN¥66.90 Million |
| 2022 | 20.58% | 12.23% | 1.04x | 1.61x | CN¥33.78 Million |
| 2023 | 4.49% | 8.14% | 0.45x | 1.23x | CN¥-53.27 Million |
| 2024 | 2.85% | 4.31% | 0.50x | 1.31x | CN¥-68.49 Million |
Industry Comparison
This section compares Zhejiang Meishuo Electric Technology Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) | CN¥951.10 Million | 0.00% | 0.34x | $135.48 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |