WCON Electronics (Guangdong) Co. Ltd. A (301328) - Net Assets
Based on the latest financial reports, WCON Electronics (Guangdong) Co. Ltd. A (301328) has net assets worth CN¥1.96 Billion CNY (≈ $286.20 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¥2.20 Billion ≈ $321.47 Million USD) and total liabilities (CN¥241.04 Million ≈ $35.27 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 WCON Electronics (Guangdong) Co. Ltd. A (301328) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.96 Billion |
| % of Total Assets | 89.03% |
| Annual Growth Rate | 61.76% |
| 5-Year Change | 551.69% |
| 10-Year Change | N/A |
| Growth Volatility | 138.06 |
WCON Electronics (Guangdong) Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how WCON Electronics (Guangdong) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore WCON Electronics (Guangdong) Co. Ltd. A total assets for the complete picture of this company's asset base.
Annual Net Assets for WCON Electronics (Guangdong) Co. Ltd. A (2019–2024)
The table below shows the annual net assets of WCON Electronics (Guangdong) Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see 301328 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.92 Billion ≈ $281.51 Million |
+1.80% |
| 2023-12-31 | CN¥1.89 Billion ≈ $276.53 Million |
+2.44% |
| 2022-12-31 | CN¥1.84 Billion ≈ $269.95 Million |
+366.49% |
| 2021-12-31 | CN¥395.46 Million ≈ $57.87 Million |
+33.96% |
| 2020-12-31 | CN¥295.20 Million ≈ $43.20 Million |
+70.10% |
| 2019-12-31 | CN¥173.54 Million ≈ $25.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WCON Electronics (Guangdong) 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 1088.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥393.44 Million | 20.63% |
| Other Components | CN¥1.51 Billion | 79.37% |
| Total Equity | CN¥1.91 Billion | 100.00% |
WCON Electronics (Guangdong) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of WCON Electronics (Guangdong) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Namchow Food Group (Shanghai) Co. Ltd.
SHG:605339
|
$999.60 Million |
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
$999.65 Million |
|
B-Soft Co Ltd
SHE:300451
|
$999.68 Million |
|
Cronos Group Inc
TO:CRON
|
$999.89 Million |
|
UroGen Pharma Ltd
NASDAQ:URGN
|
$999.45 Million |
|
Huachangda Intelligent Equipment Group Co Ltd
SHE:300278
|
$999.31 Million |
|
Bata India Limited
NSE:BATAINDIA
|
$998.63 Million |
|
CCP Contact Probe Co Ltd
TWO:6217
|
$998.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WCON Electronics (Guangdong) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,876,056,405 to 1,907,067,311, a change of 31,010,906 (1.7%).
- Net income of 85,466,428 contributed positively to equity growth.
- Dividend payments of 54,534,444 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥85.47 Million | +4.48% |
| Dividends Paid | CN¥54.53 Million | -2.86% |
| Other Changes | CN¥78.92K | +0.0% |
| Total Change | CN¥- | 1.65% |
Book Value vs Market Value Analysis
This analysis compares WCON Electronics (Guangdong) 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: 3.58x
- 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 17.94x to 3.58x 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¥3.47 | CN¥62.16 | x |
| 2020-12-31 | CN¥3.58 | CN¥62.16 | x |
| 2021-12-31 | CN¥4.80 | CN¥62.16 | x |
| 2022-12-31 | CN¥16.67 | CN¥62.16 | x |
| 2023-12-31 | CN¥17.07 | CN¥62.16 | x |
| 2024-12-31 | CN¥17.35 | CN¥62.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WCON Electronics (Guangdong) 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): 4.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.00%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.09x
- Recent ROE (4.48%) is below the historical average (14.78%), 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 | 25.06% | 18.72% | 0.90x | 1.49x | CN¥26.10 Million |
| 2020 | 20.70% | 22.33% | 0.72x | 1.30x | CN¥31.55 Million |
| 2021 | 25.35% | 24.52% | 0.85x | 1.22x | CN¥60.66 Million |
| 2022 | 6.11% | 23.33% | 0.24x | 1.10x | CN¥-71.19 Million |
| 2023 | 6.95% | 26.79% | 0.24x | 1.08x | CN¥-57.25 Million |
| 2024 | 4.48% | 16.00% | 0.26x | 1.09x | CN¥-105.24 Million |
Industry Comparison
This section compares WCON Electronics (Guangdong) 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: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WCON Electronics (Guangdong) Co. Ltd. A (301328) | CN¥1.96 Billion | 25.06% | 0.12x | $999.59 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About WCON Electronics (Guangdong) Co. Ltd. A
WCON Electronics Co., Ltd. engages in the research and development, manufacturing, and sales of connector cable assemblies in China. It offers electronic connectors, intelligent electronic products, metal stamping and metal die-casting molds, metal stamping parts and metal die-casting products, plastic molds, plastic products, and automation equipment. The company also provides IDC and FPC, discr… Read more