Datang Telecom Technology Co Ltd (600198) - Net Assets
Based on the latest financial reports, Datang Telecom Technology Co Ltd (600198) has net assets worth CN¥642.80 Million CNY (≈ $94.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.91 Billion ≈ $425.43 Million USD) and total liabilities (CN¥2.26 Billion ≈ $331.36 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. Explore Datang Telecom Technology Co Ltd cash conversion from operations to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥642.80 Million |
| % of Total Assets | 22.11% |
| Annual Growth Rate | 5.89% |
| 5-Year Change | N/A |
| 10-Year Change | -84.89% |
| Growth Volatility | 257.4 |
Datang Telecom Technology Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Datang Telecom Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore Datang Telecom Technology Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Datang Telecom Technology Co Ltd (1995–2024)
The table below shows the annual net assets of Datang Telecom Technology Co Ltd from 1995 to 2024. For live valuation and market cap data, see Datang Telecom Technology Co Ltd (600198) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥655.61 Million ≈ $95.94 Million |
+3.49% |
| 2023-12-31 | CN¥633.48 Million ≈ $92.70 Million |
-64.63% |
| 2022-12-31 | CN¥1.79 Billion ≈ $262.06 Million |
+4.46% |
| 2021-12-31 | CN¥1.71 Billion ≈ $250.88 Million |
+430.17% |
| 2020-12-31 | CN¥-519.27 Million ≈ $-75.99 Million |
-136.43% |
| 2019-12-31 | CN¥1.43 Billion ≈ $208.56 Million |
+137.06% |
| 2018-12-31 | CN¥601.21 Million ≈ $87.98 Million |
+1325.11% |
| 2017-12-31 | CN¥42.19 Million ≈ $6.17 Million |
-98.33% |
| 2016-12-31 | CN¥2.53 Billion ≈ $370.75 Million |
-41.60% |
| 2015-12-31 | CN¥4.34 Billion ≈ $634.88 Million |
+1.58% |
| 2014-12-31 | CN¥4.27 Billion ≈ $624.97 Million |
+70.23% |
| 2013-12-31 | CN¥2.51 Billion ≈ $367.13 Million |
+6.78% |
| 2012-12-31 | CN¥2.35 Billion ≈ $343.81 Million |
+232.85% |
| 2011-12-31 | CN¥705.88 Million ≈ $103.29 Million |
+0.54% |
| 2010-12-31 | CN¥702.11 Million ≈ $102.74 Million |
+2.04% |
| 2009-12-31 | CN¥688.06 Million ≈ $100.68 Million |
+23.31% |
| 2008-12-31 | CN¥557.99 Million ≈ $81.65 Million |
+30.37% |
| 2007-12-31 | CN¥428.00 Million ≈ $62.63 Million |
+10.01% |
| 2006-12-31 | CN¥389.04 Million ≈ $56.93 Million |
-67.25% |
| 2005-12-31 | CN¥1.19 Billion ≈ $173.81 Million |
-33.94% |
| 2004-12-31 | CN¥1.80 Billion ≈ $263.12 Million |
+2.16% |
| 2003-12-31 | CN¥1.76 Billion ≈ $257.55 Million |
-9.21% |
| 2002-12-31 | CN¥1.94 Billion ≈ $283.68 Million |
+0.22% |
| 2001-12-31 | CN¥1.93 Billion ≈ $283.06 Million |
-9.59% |
| 2000-12-31 | CN¥2.14 Billion ≈ $313.09 Million |
+80.95% |
| 1999-12-31 | CN¥1.18 Billion ≈ $173.02 Million |
+13.08% |
| 1998-12-31 | CN¥1.05 Billion ≈ $153.01 Million |
+308.25% |
| 1997-12-31 | CN¥256.13 Million ≈ $37.48 Million |
+49.57% |
| 1996-12-31 | CN¥171.24 Million ≈ $25.06 Million |
+37.39% |
| 1995-12-31 | CN¥124.64 Million ≈ $18.24 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Datang Telecom 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 decreased by 760450944000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.30 Billion | 405.35% |
| Other Comprehensive Income | CN¥301.58 Million | 93.77% |
| Other Components | CN¥6.32 Billion | 1965.48% |
| Total Equity | CN¥321.60 Million | 100.00% |
Datang Telecom Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Datang Telecom Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
$1.57 Billion |
|
JiLin Sino-Microelectronics Co Ltd
SHG:600360
|
$1.57 Billion |
|
Chacha Food Co Ltd
SHE:002557
|
$1.57 Billion |
|
ELECTROLUX B ADR/2 SK 5
F:ELXA
|
$1.57 Billion |
|
Beijing Jingwei Hirain Technologies Co. Ltd. A
SHG:688326
|
$1.57 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
$1.57 Billion |
|
Jiangsu Dagang Co Ltd
SHE:002077
|
$1.57 Billion |
|
Louis HachEtte Group SA
PA:ALHG
|
$1.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Datang Telecom Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 309,965,553 to 321,596,480, a change of 11,630,927 (3.8%).
- Net income of 27,893,048 contributed positively to equity growth.
- Dividend payments of 10,918,408 reduced retained earnings.
- Other comprehensive income increased equity by 299,227,641.
- Other factors decreased equity by 304,571,354.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.89 Million | +8.67% |
| Dividends Paid | CN¥10.92 Million | -3.4% |
| Other Comprehensive Income | CN¥299.23 Million | +93.04% |
| Other Changes | CN¥-304.57 Million | -94.71% |
| Total Change | CN¥- | 3.75% |
Book Value vs Market Value Analysis
This analysis compares Datang Telecom 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: 33.95x
- 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 increased from 29.19x to 33.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.28 | CN¥8.22 | x |
| 1996-12-31 | CN¥0.39 | CN¥8.22 | x |
| 1997-12-31 | CN¥0.54 | CN¥8.22 | x |
| 1998-12-31 | CN¥2.35 | CN¥8.22 | x |
| 1999-12-31 | CN¥2.66 | CN¥8.22 | x |
| 2000-12-31 | CN¥4.83 | CN¥8.22 | x |
| 2001-12-31 | CN¥4.33 | CN¥8.22 | x |
| 2002-12-31 | CN¥4.35 | CN¥8.22 | x |
| 2003-12-31 | CN¥3.92 | CN¥8.22 | x |
| 2004-12-31 | CN¥3.97 | CN¥8.22 | x |
| 2005-12-31 | CN¥2.38 | CN¥8.22 | x |
| 2006-12-31 | CN¥0.75 | CN¥8.22 | x |
| 2007-12-31 | CN¥0.82 | CN¥8.22 | x |
| 2008-12-31 | CN¥0.94 | CN¥8.22 | x |
| 2009-12-31 | CN¥1.15 | CN¥8.22 | x |
| 2010-12-31 | CN¥1.21 | CN¥8.22 | x |
| 2011-12-31 | CN¥0.93 | CN¥8.22 | x |
| 2012-12-31 | CN¥3.49 | CN¥8.22 | x |
| 2013-12-31 | CN¥3.11 | CN¥8.22 | x |
| 2014-12-31 | CN¥4.76 | CN¥8.22 | x |
| 2015-12-31 | CN¥4.61 | CN¥8.22 | x |
| 2016-12-31 | CN¥2.60 | CN¥8.22 | x |
| 2017-12-31 | CN¥-0.43 | CN¥8.22 | x |
| 2018-12-31 | CN¥0.21 | CN¥8.22 | x |
| 2019-12-31 | CN¥0.04 | CN¥8.22 | x |
| 2020-12-31 | CN¥-1.49 | CN¥8.22 | x |
| 2021-12-31 | CN¥0.38 | CN¥8.22 | x |
| 2022-12-31 | CN¥0.38 | CN¥8.22 | x |
| 2023-12-31 | CN¥0.24 | CN¥8.22 | x |
| 2024-12-31 | CN¥0.24 | CN¥8.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Datang Telecom 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): 8.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 8.48x
- Recent ROE (8.67%) is above the historical average (-86.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 0.48% | 0.63% | 0.34x | 2.22x | CN¥-11.79 Million |
| 1996 | 26.20% | 12.28% | 0.68x | 3.16x | CN¥27.58 Million |
| 1997 | 29.27% | 13.20% | 0.79x | 2.81x | CN¥46.08 Million |
| 1998 | 9.57% | 10.93% | 0.50x | 1.76x | CN¥-4.42 Million |
| 1999 | 10.69% | 11.48% | 0.43x | 2.15x | CN¥8.04 Million |
| 2000 | 3.29% | 2.92% | 0.52x | 2.18x | CN¥-142.51 Million |
| 2001 | 1.90% | 1.76% | 0.41x | 2.65x | CN¥-154.22 Million |
| 2002 | 0.12% | 0.11% | 0.38x | 2.92x | CN¥-188.94 Million |
| 2003 | -10.83% | -10.59% | 0.31x | 3.34x | CN¥-359.36 Million |
| 2004 | 1.13% | 0.75% | 0.45x | 3.37x | CN¥-154.97 Million |
| 2005 | -66.50% | -44.61% | 0.32x | 4.72x | CN¥-800.80 Million |
| 2006 | -222.93% | -33.85% | 0.57x | 11.46x | CN¥-764.61 Million |
| 2007 | 8.84% | 1.29% | 0.72x | 9.55x | CN¥-4.16 Million |
| 2008 | 11.10% | 1.69% | 0.74x | 8.84x | CN¥4.51 Million |
| 2009 | 11.34% | 1.79% | 0.96x | 6.61x | CN¥6.77 Million |
| 2010 | 12.43% | 1.64% | 1.00x | 7.58x | CN¥12.91 Million |
| 2011 | 4.45% | 0.55% | 0.89x | 9.12x | CN¥-30.84 Million |
| 2012 | 7.79% | 2.73% | 0.73x | 3.91x | CN¥-47.91 Million |
| 2013 | 6.74% | 1.97% | 0.71x | 4.83x | CN¥-75.21 Million |
| 2014 | 5.38% | 2.72% | 0.57x | 3.46x | CN¥-186.03 Million |
| 2015 | 0.70% | 0.33% | 0.62x | 3.39x | CN¥-378.68 Million |
| 2016 | -77.48% | -24.56% | 0.60x | 5.23x | CN¥-2.00 Billion |
| 2017 | 0.00% | -60.92% | 0.50x | 0.00x | CN¥-2.61 Billion |
| 2018 | 304.44% | 24.05% | 0.32x | 39.81x | CN¥545.19 Million |
| 2019 | -2680.81% | -62.86% | 0.25x | 171.99x | CN¥-902.68 Million |
| 2020 | 0.00% | -81.16% | 0.52x | 0.00x | CN¥-1.19 Billion |
| 2021 | -11.83% | -3.89% | 0.29x | 10.59x | CN¥-94.03 Million |
| 2022 | 7.64% | 3.50% | 0.30x | 7.16x | CN¥-11.65 Million |
| 2023 | 12.61% | 3.81% | 0.36x | 9.30x | CN¥8.10 Million |
| 2024 | 8.67% | 2.96% | 0.35x | 8.48x | CN¥-4.27 Million |
Industry Comparison
This section compares Datang Telecom Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,320,970,514
- Average return on equity (ROE) among peers: 5.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Datang Telecom Technology Co Ltd (600198) | CN¥642.80 Million | 0.48% | 3.52x | $1.57 Billion |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.88x | $20.52 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.49 Billion | -10.95% | 2.25x | $2.27 Billion |
| Addsino Co Ltd (000547) | $1.78 Billion | 7.79% | 0.60x | $4.96 Billion |
| Sichuan Huiyuan Optical Com (000586) | $261.12 Million | -1.11% | 1.30x | $483.19 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $103.47 Million | 1.30% | 1.51x | $408.22 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.95 Billion |
| Skyworth Digital Co Ltd (000810) | $460.44 Million | 9.24% | 1.29x | $1.98 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $1.07 Billion | 1.56% | 0.75x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $786.42 Million | 13.77% | 1.77x | $1.12 Billion |
| Sunwave Communications Co Ltd (002115) | $112.36 Million | 24.04% | 1.27x | $1.50 Billion |
About Datang Telecom Technology Co Ltd
Datang Telecom Technology Co., Ltd. operates in the security chip and special communication business in China. The company provides second-generation ID card chips and modules, social security card chips and modules, financial payment chips, fingerprint sensors and fingerprint algorithm chips, card reader chips, terminal security chips, and other products. It also manufactures and sales of electr… Read more