Misun Technology Co Ltd (301577) - Net Assets
Based on the latest financial reports, Misun Technology Co Ltd (301577) has net assets worth CN¥736.43 Million CNY (≈ $107.76 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¥1.19 Billion ≈ $174.23 Million USD) and total liabilities (CN¥454.22 Million ≈ $66.47 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. See Misun Technology Co Ltd (301577) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥736.43 Million |
| % of Total Assets | 61.85% |
| Annual Growth Rate | 25.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.25 |
Misun Technology Co Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Misun Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Misun Technology Co Ltd stock valuation.
Annual Net Assets for Misun Technology Co Ltd (2021–2025)
The table below shows the annual net assets of Misun Technology Co Ltd from 2021 to 2025. Also explore 301577 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CN¥748.01 Million ≈ $109.46 Million |
-1.97% |
| 2024-09-30 | CN¥763.06 Million ≈ $111.66 Million |
+80.78% |
| 2023-09-30 | CN¥422.10 Million ≈ $61.77 Million |
+15.27% |
| 2022-09-30 | CN¥366.19 Million ≈ $53.58 Million |
+20.14% |
| 2021-09-30 | CN¥304.80 Million ≈ $44.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Misun 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 59.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥245.30 Million | 32.82% |
| Other Components | CN¥502.10 Million | 67.18% |
| Total Equity | CN¥747.40 Million | 100.00% |
Misun Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Misun Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bajaj Electricals Limited
NSE:BAJAJELEC
|
$403.14 Million |
|
Sanghvi Movers Limited
NSE:SANGHVIMOV
|
$403.26 Million |
|
Sunfly Intelligent Technology Co Ltd
SHE:300423
|
$403.32 Million |
|
Jiangsu Rutong Petro-Machinery
SHG:603036
|
$403.34 Million |
|
Coca-Cola Europacific Partners PLC
LSE:CCEP
|
$402.97 Million |
|
Fidere Patrimonio SOCIMI SA
MC:YFID
|
$402.97 Million |
|
Memsensing Microsystems Suzhou China Co Ltd
SHG:688286
|
$402.95 Million |
|
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd
SHG:600671
|
$402.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Misun Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 763,058,071 to 747,401,393, a change of -15,656,678 (-2.1%).
- Net loss of 4,863,508 reduced equity.
- Dividend payments of 15,577,342 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-4.86 Million | -0.65% |
| Dividends Paid | CN¥15.58 Million | -2.08% |
| Other Changes | CN¥4.78 Million | +0.64% |
| Total Change | CN¥- | -2.05% |
Book Value vs Market Value Analysis
This analysis compares Misun 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: 3.68x
- 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 6.65x to 3.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | CN¥9.19 | CN¥61.16 | x |
| 2022-09-30 | CN¥11.04 | CN¥61.16 | x |
| 2023-09-30 | CN¥12.73 | CN¥61.16 | x |
| 2024-09-30 | CN¥17.24 | CN¥61.16 | x |
| 2025-09-30 | CN¥16.60 | CN¥61.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Misun 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): -0.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.18%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.53x
- Recent ROE (-0.65%) is below the historical average (11.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 20.99% | 13.72% | 0.76x | 2.00x | CN¥33.49 Million |
| 2022 | 18.26% | 13.72% | 0.69x | 1.92x | CN¥30.25 Million |
| 2023 | 13.03% | 12.62% | 0.59x | 1.74x | CN¥12.78 Million |
| 2024 | 4.23% | 7.64% | 0.40x | 1.40x | CN¥-44.04 Million |
| 2025 | -0.65% | -1.18% | 0.36x | 1.53x | CN¥-79.60 Million |
Industry Comparison
This section compares Misun Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,245,673,029
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Misun Technology Co Ltd (301577) | CN¥736.43 Million | 20.99% | 0.62x | $403.00 Million |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 6.87% | 1.16x | $1.14 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $536.10 Million | 17.67% | 0.27x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.10 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $557.50 Million | 13.45% | 0.65x | $744.67 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.86 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.32 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $15.80 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $353.70 Million |
| Gotion High tech Co Ltd (002074) | $8.26 Billion | 10.15% | 1.07x | $6.94 Billion |
About Misun Technology Co Ltd
Guangdong Misun Technology Co., Ltd. engages in the research and development, production, and sale of magnetic components under the FPE brand name in China. It offers signal magnetics, including LAN and POE transformers, and RF inductors; plannar magnetics, such as chip LAN and transformer products; power inductor comprising flat coil, plannar, resonant, PFC, and molding inductors; and EMC magnet… Read more