Routon Electronic Co Ltd (600355) - Net Assets
Based on the latest financial reports, Routon Electronic Co Ltd (600355) has net assets worth CN¥104.61 Million CNY (≈ $15.31 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¥251.76 Million ≈ $36.84 Million USD) and total liabilities (CN¥147.15 Million ≈ $21.53 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 financial resilience of Routon Electronic Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥104.61 Million |
| % of Total Assets | 41.55% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | -49.18% |
| 10-Year Change | -66.97% |
| Growth Volatility | 55.66 |
Routon Electronic Co Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Routon Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600355 asset base for the complete picture of this company's asset base.
Annual Net Assets for Routon Electronic Co Ltd (1998–2024)
The table below shows the annual net assets of Routon Electronic Co Ltd from 1998 to 2024. For live valuation and market cap data, see Routon Electronic Co Ltd (600355) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥131.31 Million ≈ $19.22 Million |
-24.26% |
| 2023-12-31 | CN¥173.37 Million ≈ $25.37 Million |
-20.01% |
| 2022-12-31 | CN¥216.75 Million ≈ $31.72 Million |
-12.97% |
| 2021-12-31 | CN¥249.04 Million ≈ $36.44 Million |
-3.61% |
| 2020-12-31 | CN¥258.38 Million ≈ $37.81 Million |
-12.07% |
| 2019-12-31 | CN¥293.86 Million ≈ $43.00 Million |
-18.46% |
| 2018-12-31 | CN¥360.38 Million ≈ $52.73 Million |
+3.15% |
| 2017-12-31 | CN¥349.37 Million ≈ $51.12 Million |
-14.54% |
| 2016-12-31 | CN¥408.82 Million ≈ $59.82 Million |
+2.84% |
| 2015-12-31 | CN¥397.52 Million ≈ $58.17 Million |
-4.78% |
| 2014-12-31 | CN¥417.49 Million ≈ $61.09 Million |
+1.48% |
| 2013-12-31 | CN¥411.41 Million ≈ $60.20 Million |
-12.17% |
| 2012-12-31 | CN¥468.43 Million ≈ $68.55 Million |
-1.24% |
| 2011-12-31 | CN¥474.31 Million ≈ $69.41 Million |
+15.34% |
| 2010-12-31 | CN¥411.21 Million ≈ $60.17 Million |
+2.31% |
| 2009-12-31 | CN¥401.94 Million ≈ $58.82 Million |
-28.45% |
| 2008-12-31 | CN¥561.76 Million ≈ $82.20 Million |
-12.09% |
| 2007-12-31 | CN¥638.99 Million ≈ $93.50 Million |
+1.96% |
| 2006-12-31 | CN¥626.71 Million ≈ $91.71 Million |
-3.30% |
| 2005-12-31 | CN¥648.11 Million ≈ $94.84 Million |
-15.90% |
| 2004-12-31 | CN¥770.67 Million ≈ $112.77 Million |
-0.05% |
| 2003-12-31 | CN¥771.05 Million ≈ $112.83 Million |
+9.15% |
| 2002-12-31 | CN¥706.40 Million ≈ $103.37 Million |
+264.77% |
| 2001-12-31 | CN¥193.65 Million ≈ $28.34 Million |
+91.51% |
| 2000-12-31 | CN¥101.12 Million ≈ $14.80 Million |
+22.36% |
| 1999-12-31 | CN¥82.64 Million ≈ $12.09 Million |
-0.54% |
| 1998-12-31 | CN¥83.09 Million ≈ $12.16 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Routon Electronic 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 4704.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥492.09 Million | 371.39% |
| Other Comprehensive Income | CN¥115.86 Million | 87.44% |
| Other Components | CN¥76.80 Million | 57.96% |
| Total Equity | CN¥132.50 Million | 100.00% |
Routon Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Routon Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seoul Food
KO:004410
|
$41.78 Million |
|
Juic International
TWO:6114
|
$41.78 Million |
|
Battalion Oil Corp
NYSE MKT:BATL
|
$41.80 Million |
|
Done.ai Group AB
ST:TINGS-B
|
$41.85 Million |
|
Thomas Scott (India) Limited
NSE:THOMASCOTT
|
$41.76 Million |
|
Comtrend Corp
TWO:8089
|
$41.69 Million |
|
P&H Tech Co. Ltd.
KQ:239890
|
$41.68 Million |
|
Batavia Prosperindo Finance
JK:BPFI
|
$41.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Routon Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,559,206 to 132,499,070, a change of -42,060,136 (-24.1%).
- Net loss of 42,060,135 reduced equity.
- Dividend payments of 1,544,141 reduced retained earnings.
- Other comprehensive income increased equity by 115,858,032.
- Other factors decreased equity by 114,313,892.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-42.06 Million | -31.74% |
| Dividends Paid | CN¥1.54 Million | -1.17% |
| Other Comprehensive Income | CN¥115.86 Million | +87.44% |
| Other Changes | CN¥-114.31 Million | -86.28% |
| Total Change | CN¥- | -24.10% |
Book Value vs Market Value Analysis
This analysis compares Routon Electronic 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: 2.15x
- 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 3.13x to 2.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.19 | CN¥0.58 | x |
| 1999-12-31 | CN¥0.18 | CN¥0.58 | x |
| 2000-12-31 | CN¥0.23 | CN¥0.58 | x |
| 2001-12-31 | CN¥0.41 | CN¥0.58 | x |
| 2002-12-31 | CN¥1.55 | CN¥0.58 | x |
| 2003-12-31 | CN¥1.65 | CN¥0.58 | x |
| 2004-12-31 | CN¥1.67 | CN¥0.58 | x |
| 2005-12-31 | CN¥1.41 | CN¥0.58 | x |
| 2006-12-31 | CN¥1.40 | CN¥0.58 | x |
| 2007-12-31 | CN¥1.39 | CN¥0.58 | x |
| 2008-12-31 | CN¥1.13 | CN¥0.58 | x |
| 2009-12-31 | CN¥0.81 | CN¥0.58 | x |
| 2010-12-31 | CN¥0.81 | CN¥0.58 | x |
| 2011-12-31 | CN¥0.98 | CN¥0.58 | x |
| 2012-12-31 | CN¥0.93 | CN¥0.58 | x |
| 2013-12-31 | CN¥0.83 | CN¥0.58 | x |
| 2014-12-31 | CN¥0.69 | CN¥0.58 | x |
| 2015-12-31 | CN¥0.80 | CN¥0.58 | x |
| 2016-12-31 | CN¥0.73 | CN¥0.58 | x |
| 2017-12-31 | CN¥0.71 | CN¥0.58 | x |
| 2018-12-31 | CN¥0.66 | CN¥0.58 | x |
| 2019-12-31 | CN¥0.60 | CN¥0.58 | x |
| 2020-12-31 | CN¥0.53 | CN¥0.58 | x |
| 2021-12-31 | CN¥0.51 | CN¥0.58 | x |
| 2022-12-31 | CN¥0.44 | CN¥0.58 | x |
| 2023-12-31 | CN¥0.36 | CN¥0.58 | x |
| 2024-12-31 | CN¥0.27 | CN¥0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Routon Electronic 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): -31.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.52%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.93x
- Recent ROE (-31.74%) is below the historical average (-0.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 41.36% | 26.12% | 0.97x | 1.63x | CN¥26.06 Million |
| 1999 | 44.84% | 27.93% | 0.76x | 2.11x | CN¥28.79 Million |
| 2000 | 59.98% | 31.52% | 0.71x | 2.67x | CN¥50.54 Million |
| 2001 | 45.18% | 28.27% | 0.75x | 2.13x | CN¥65.03 Million |
| 2002 | 11.84% | 22.72% | 0.42x | 1.23x | CN¥12.80 Million |
| 2003 | 6.04% | 12.33% | 0.41x | 1.20x | CN¥-29.40 Million |
| 2004 | 0.75% | 2.19% | 0.30x | 1.14x | CN¥-69.26 Million |
| 2005 | -17.72% | -78.78% | 0.20x | 1.12x | CN¥-175.01 Million |
| 2006 | 0.40% | 1.09% | 0.31x | 1.18x | CN¥-60.39 Million |
| 2007 | 1.08% | 2.70% | 0.35x | 1.15x | CN¥-56.99 Million |
| 2008 | -13.75% | -40.95% | 0.29x | 1.16x | CN¥-133.41 Million |
| 2009 | -42.37% | -97.40% | 0.32x | 1.36x | CN¥-210.50 Million |
| 2010 | 3.08% | 4.56% | 0.48x | 1.41x | CN¥-28.54 Million |
| 2011 | 10.73% | 19.79% | 0.45x | 1.21x | CN¥3.47 Million |
| 2012 | 0.72% | 1.23% | 0.51x | 1.15x | CN¥-43.56 Million |
| 2013 | -13.82% | -18.08% | 0.55x | 1.39x | CN¥-98.28 Million |
| 2014 | 1.45% | 1.59% | 0.70x | 1.32x | CN¥-35.79 Million |
| 2015 | -22.54% | -22.03% | 0.69x | 1.47x | CN¥-129.75 Million |
| 2016 | 2.75% | 3.36% | 0.58x | 1.41x | CN¥-29.71 Million |
| 2017 | -16.96% | -17.39% | 0.66x | 1.49x | CN¥-94.50 Million |
| 2018 | 3.05% | 2.77% | 0.73x | 1.51x | CN¥-25.14 Million |
| 2019 | -22.93% | -22.36% | 0.63x | 1.64x | CN¥-97.15 Million |
| 2020 | -13.67% | -18.05% | 0.44x | 1.70x | CN¥-61.44 Million |
| 2021 | -3.73% | -3.54% | 0.63x | 1.66x | CN¥-34.36 Million |
| 2022 | -14.82% | -18.08% | 0.54x | 1.52x | CN¥-54.09 Million |
| 2023 | -24.84% | -30.76% | 0.47x | 1.70x | CN¥-60.82 Million |
| 2024 | -31.74% | -29.52% | 0.56x | 1.93x | CN¥-55.31 Million |
Industry Comparison
This section compares Routon Electronic Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,761,038,780
- Average return on equity (ROE) among peers: 15.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Routon Electronic Co Ltd (600355) | CN¥104.61 Million | 41.36% | 1.41x | $41.76 Million |
| ZTE Corp (000063) | $78.39 Million | 93.31% | 2.02x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.52 Billion | -24.54% | 2.30x | $2.38 Billion |
| Addsino Co Ltd (000547) | $1.78 Billion | 7.79% | 0.60x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $310.66 Million | 7.41% | 1.42x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.97 Billion | 13.82% | 1.48x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $817.32 Million | 5.76% | 1.86x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $3.91 Billion | 16.02% | 1.70x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.46 Billion | 5.18% | 1.36x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $200.23 Million | 30.55% | 2.02x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.57 Billion | 0.68% | 0.81x | $1.71 Billion |
About Routon Electronic Co Ltd
Routon Electronic Co., Ltd. provides intelligent control and commercial terminal products products in China. Its intelligent control product includes CNC AC servo system of industrial sewing equipment, which is used in industrial sewing equipment. The company's smart interconnected product focuses on development and services of smart IoT and smart education related products and platforms; and com… Read more