Ugreen Group Limited
Ugreen Group Limited engages in the research, development, design, production, and sale of 3C consumer electronic products in China and internationally. It offers charger, wireless chargers, power banks, hubs and docks, cables, Nexode retractable series, trackers, accessories, and stands under the UGREEN brand. The company was founded in 2012 and is based in Shenzhen, China.
Ugreen Group Limited (301606) - Net Assets
Latest net assets as of September 2025: CN¥3.17 Billion CNY
Based on the latest financial reports, Ugreen Group Limited (301606) has net assets worth CN¥3.17 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.56 Billion) and total liabilities (CN¥1.39 Billion). 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¥3.17 Billion |
| % of Total Assets | 69.47% |
| Annual Growth Rate | 51.4% |
| 5-Year Change | 466.09% |
| 10-Year Change | N/A |
| Growth Volatility | 27.49 |
Ugreen Group Limited - Net Assets Trend (2019–2024)
This chart illustrates how Ugreen Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ugreen Group Limited (2019–2024)
The table below shows the annual net assets of Ugreen Group Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion | +64.66% |
| 2023-12-31 | CN¥1.78 Billion | +30.09% |
| 2022-12-31 | CN¥1.37 Billion | +30.46% |
| 2021-12-31 | CN¥1.05 Billion | +102.58% |
| 2020-12-31 | CN¥516.67 Million | +40.64% |
| 2019-12-31 | CN¥367.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ugreen Group Limited'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 484.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.27 Billion | 43.69% |
| Common Stock | CN¥414.91 Million | 14.32% |
| Other Comprehensive Income | CN¥296.49 Million | 10.23% |
| Other Components | CN¥920.01 Million | 31.76% |
| Total Equity | CN¥2.90 Billion | 100.00% |
Ugreen Group Limited Competitors by Market Cap
The table below lists competitors of Ugreen Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willfar Information Technology Co Ltd
SHG:688100
|
$550.94 Million |
|
Suzhou Tianwo Science and Technology Co Ltd
SHE:002564
|
$550.95 Million |
|
Berger Paints (I) Limited
NSE:BERGEPAINT
|
$551.06 Million |
|
Maoyan Entertainment
PINK:MAOFF
|
$551.13 Million |
|
WindSun Science & Technology Co. Ltd. A
SHG:688663
|
$550.76 Million |
|
Astor Enerji AS
IS:ASTOR
|
$550.72 Million |
|
Teekay Corporation
NYSE:TK
|
$550.57 Million |
|
China Animal Husbandry Industry Co Ltd
SHG:600195
|
$550.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ugreen Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,746,628,000 to 2,896,945,000, a change of 1,150,317,000 (65.9%).
- Net income of 462,279,694 contributed positively to equity growth.
- Dividend payments of 124,473,000 reduced retained earnings.
- Other comprehensive income increased equity by 296,490,273.
- Other factors increased equity by 516,020,033.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥462.28 Million | +15.96% |
| Dividends Paid | CN¥124.47 Million | -4.3% |
| Other Comprehensive Income | CN¥296.49 Million | +10.23% |
| Other Changes | CN¥516.02 Million | +17.81% |
| Total Change | CN¥- | 65.86% |
Book Value vs Market Value Analysis
This analysis compares Ugreen Group Limited'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: 10.17x
- 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 82.16x to 10.17x 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¥0.86 | CN¥71.00 | x |
| 2020-12-31 | CN¥1.20 | CN¥71.00 | x |
| 2021-12-31 | CN¥2.46 | CN¥71.00 | x |
| 2022-12-31 | CN¥3.23 | CN¥71.00 | x |
| 2023-12-31 | CN¥4.21 | CN¥71.00 | x |
| 2024-12-31 | CN¥6.98 | CN¥71.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ugreen Group Limited 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): 15.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.49%
- • Asset Turnover: 1.58x
- • Equity Multiplier: 1.34x
- Recent ROE (15.96%) is below the historical average (35.68%), 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 | 62.87% | 11.02% | 3.01x | 1.89x | CN¥189.55 Million |
| 2020 | 59.64% | 10.88% | 2.72x | 2.01x | CN¥248.02 Million |
| 2021 | 29.01% | 8.61% | 2.22x | 1.52x | CN¥194.37 Million |
| 2022 | 24.43% | 8.53% | 1.89x | 1.52x | CN¥193.41 Million |
| 2023 | 22.19% | 8.07% | 1.96x | 1.40x | CN¥212.85 Million |
| 2024 | 15.96% | 7.49% | 1.58x | 1.34x | CN¥172.59 Million |
Industry Comparison
This section compares Ugreen Group Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,417,864,350
- Average return on equity (ROE) among peers: 17.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ugreen Group Limited (301606) | CN¥3.17 Billion | 62.87% | 0.44x | $550.93 Million |
| Konka Group Co Ltd (000016) | $803.11 Million | 33.00% | 2.14x | $834.83 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.25 Billion | 4.19% | 0.63x | $1.46 Billion |
| Guangdong Goworld Co Ltd (000823) | $189.06 Million | 29.67% | 0.83x | $782.76 Million |
| Soyea Technology Co Ltd (000909) | $619.17 Million | 3.70% | 3.31x | $199.78 Million |
| Guangdong AVCiT Tech Hldg Co (001229) | $332.60 Million | 29.11% | 0.18x | $166.04 Million |
| Emdoor Information Co. Ltd. A (001314) | $183.39 Million | 3.34% | 1.39x | $345.23 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $2.26 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $119.38 Million | 29.15% | 0.90x | $150.39 Million |
| Goertek Inc (002241) | $1.71 Billion | 16.17% | 0.92x | $7.92 Billion |
| Edifier Technology Co Ltd (002351) | $2.23 Billion | 14.12% | 0.20x | $640.66 Million |