Chengdu Qushui Science & Technology Co. Ltd. A
Chengdu Qushui Science and Technology Co., Ltd. manufactures and distributes home furniture. It offers upholstered and wooden furniture, such as mattresses, sofas, and soft beds; wooden furniture, including solid wood beds, coffee tables, combination cabinets, dining table and chairs, and bedside cabinets; smart home comprising smart electric bed and sofa; and other products. The company also pro… Read more
Chengdu Qushui Science & Technology Co. Ltd. A (301336) - Net Assets
Latest net assets as of June 2025: CN¥822.46 Million CNY
Based on the latest financial reports, Chengdu Qushui Science & Technology Co. Ltd. A (301336) has net assets worth CN¥822.46 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¥919.88 Million) and total liabilities (CN¥97.42 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¥822.46 Million |
| % of Total Assets | 89.41% |
| Annual Growth Rate | 22.5% |
| 5-Year Change | 123.74% |
| 10-Year Change | N/A |
| Growth Volatility | 29.4 |
Chengdu Qushui Science & Technology Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Chengdu Qushui Science & 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 Chengdu Qushui Science & Technology Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Chengdu Qushui Science & Technology Co. Ltd. A from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥812.28 Million | +1.91% |
| 2023-12-31 | CN¥797.03 Million | +1.64% |
| 2022-12-31 | CN¥784.17 Million | +81.61% |
| 2021-12-31 | CN¥431.79 Million | +18.93% |
| 2020-12-31 | CN¥363.05 Million | +23.35% |
| 2019-12-31 | CN¥294.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu Qushui Science & 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 1314.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥204.44 Million | 25.17% |
| Other Components | CN¥607.85 Million | 74.83% |
| Total Equity | CN¥812.28 Million | 100.00% |
Chengdu Qushui Science & Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Chengdu Qushui Science & Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Noroo Holdings Co Ltd
KO:000325
|
$60.77 Million |
|
Chaun-Choung Technology Corp
TW:6230
|
$60.77 Million |
|
Fonciere Lyonnaise
PA:FLY
|
$60.78 Million |
|
ELAN CORP.
F:25E
|
$60.78 Million |
|
Senkron Guvenlik ve Iletisim Sistemleri AS
IS:SNKRN
|
$60.76 Million |
|
Muhak Co. Ltd
KO:033920
|
$60.75 Million |
|
Largo Resources Ltd
NASDAQ:LGO
|
$60.75 Million |
|
Tesoro Gold Ltd
AU:TSO
|
$60.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Qushui Science & Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 797,146,449 to 812,284,025, a change of 15,137,575 (1.9%).
- Net income of 28,966,561 contributed positively to equity growth.
- Dividend payments of 5,872,906 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥28.97 Million | +3.57% |
| Dividends Paid | CN¥5.87 Million | -0.72% |
| Other Changes | CN¥-7.96 Million | -0.98% |
| Total Change | CN¥- | 1.90% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Qushui Science & 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: 2.67x
- 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 5.53x to 2.67x 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¥9.81 | CN¥54.24 | x |
| 2020-12-31 | CN¥12.10 | CN¥54.24 | x |
| 2021-12-31 | CN¥14.39 | CN¥54.24 | x |
| 2022-12-31 | CN¥19.60 | CN¥54.24 | x |
| 2023-12-31 | CN¥19.93 | CN¥54.24 | x |
| 2024-12-31 | CN¥20.31 | CN¥54.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Qushui Science & 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): 3.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.34%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.21x
- Recent ROE (3.57%) is below the historical average (11.82%), 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 | 25.12% | 13.39% | 1.18x | 1.59x | CN¥44.50 Million |
| 2020 | 18.70% | 14.18% | 0.94x | 1.40x | CN¥31.57 Million |
| 2021 | 15.85% | 14.48% | 0.83x | 1.32x | CN¥25.28 Million |
| 2022 | 4.70% | 11.43% | 0.37x | 1.11x | CN¥-41.53 Million |
| 2023 | 2.99% | 7.83% | 0.33x | 1.15x | CN¥-55.85 Million |
| 2024 | 3.57% | 8.34% | 0.35x | 1.21x | CN¥-52.26 Million |
Industry Comparison
This section compares Chengdu Qushui Science & Technology Co. Ltd. A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Qushui Science & Technology Co. Ltd. A (301336) | CN¥822.46 Million | 25.12% | 0.12x | $60.77 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |