Glarun Technology Co Ltd (600562) - Net Assets
Based on the latest financial reports, Glarun Technology Co Ltd (600562) has net assets worth CN¥6.81 Billion CNY (≈ $996.98 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¥10.26 Billion ≈ $1.50 Billion USD) and total liabilities (CN¥3.45 Billion ≈ $505.00 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 Glarun Technology Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.81 Billion |
| % of Total Assets | 66.38% |
| Annual Growth Rate | 19.12% |
| 5-Year Change | 39.59% |
| 10-Year Change | 488.21% |
| Growth Volatility | 55.94 |
Glarun Technology Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Glarun Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600562 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Glarun Technology Co Ltd (1999–2024)
The table below shows the annual net assets of Glarun Technology Co Ltd from 1999 to 2024. For live valuation and market cap data, see Glarun Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.03 Billion ≈ $882.79 Million |
+8.26% |
| 2023-12-31 | CN¥5.57 Billion ≈ $815.40 Million |
+8.77% |
| 2022-12-31 | CN¥5.12 Billion ≈ $749.69 Million |
+8.48% |
| 2021-12-31 | CN¥4.72 Billion ≈ $691.06 Million |
+9.27% |
| 2020-12-31 | CN¥4.32 Billion ≈ $632.43 Million |
+139.16% |
| 2019-12-31 | CN¥1.81 Billion ≈ $264.44 Million |
+1.79% |
| 2018-12-31 | CN¥1.78 Billion ≈ $259.78 Million |
-0.75% |
| 2017-12-31 | CN¥1.79 Billion ≈ $261.75 Million |
+5.97% |
| 2016-12-31 | CN¥1.69 Billion ≈ $247.00 Million |
+64.57% |
| 2015-12-31 | CN¥1.03 Billion ≈ $150.08 Million |
+16.18% |
| 2014-12-31 | CN¥882.80 Million ≈ $129.18 Million |
+13.84% |
| 2013-12-31 | CN¥775.48 Million ≈ $113.48 Million |
+122.18% |
| 2012-12-31 | CN¥349.04 Million ≈ $51.07 Million |
+4.49% |
| 2011-12-31 | CN¥334.04 Million ≈ $48.88 Million |
+2.21% |
| 2010-12-31 | CN¥326.83 Million ≈ $47.83 Million |
+7.56% |
| 2009-12-31 | CN¥303.85 Million ≈ $44.46 Million |
-9.19% |
| 2008-12-31 | CN¥334.59 Million ≈ $48.96 Million |
-9.75% |
| 2007-12-31 | CN¥370.73 Million ≈ $54.25 Million |
+4.06% |
| 2006-12-31 | CN¥356.27 Million ≈ $52.13 Million |
+1.38% |
| 2005-12-31 | CN¥351.43 Million ≈ $51.42 Million |
+1.90% |
| 2004-12-31 | CN¥344.88 Million ≈ $50.47 Million |
+4.69% |
| 2003-12-31 | CN¥329.42 Million ≈ $48.20 Million |
+237.23% |
| 2002-12-31 | CN¥97.69 Million ≈ $14.29 Million |
+14.06% |
| 2001-12-31 | CN¥85.65 Million ≈ $12.53 Million |
+3.21% |
| 2000-12-31 | CN¥82.99 Million ≈ $12.14 Million |
+9.15% |
| 1999-12-31 | CN¥76.03 Million ≈ $11.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Glarun 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 267886.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.75 Billion | 45.71% |
| Common Stock | CN¥1.24 Billion | 20.67% |
| Other Comprehensive Income | CN¥228.99 Million | 3.81% |
| Other Components | CN¥1.79 Billion | 29.81% |
| Total Equity | CN¥6.01 Billion | 100.00% |
Glarun Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Glarun Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Jingneng Power Co Ltd
SHG:600578
|
$5.03 Billion |
|
Genesis Minerals Ltd
AU:GMD
|
$5.03 Billion |
|
EVN AG
VI:EVN
|
$5.03 Billion |
|
INPOST S.A. EO -01
F:669
|
$5.03 Billion |
|
Sectra AB (publ)
ST:SECT-B
|
$5.02 Billion |
|
Cathay Biotech Inc
SHG:688065
|
$5.02 Billion |
|
CHINA TOWER UNSP.ADR/100
F:2Y10
|
$5.02 Billion |
|
Housing & Urban Development Corporation Limited
NSE:HUDCO
|
$5.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glarun Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,550,693,752 to 6,008,750,455, a change of 458,056,703 (8.3%).
- Net income of 629,763,528 contributed positively to equity growth.
- Dividend payments of 183,726,487 reduced retained earnings.
- Other comprehensive income increased equity by 26,635,519.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥629.76 Million | +10.48% |
| Dividends Paid | CN¥183.73 Million | -3.06% |
| Other Comprehensive Income | CN¥26.64 Million | +0.44% |
| Other Changes | CN¥-14.62 Million | -0.24% |
| Total Change | CN¥- | 8.25% |
Book Value vs Market Value Analysis
This analysis compares Glarun 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: 5.68x
- 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 142.46x to 5.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥0.19 | CN¥27.65 | x |
| 2000-12-31 | CN¥0.21 | CN¥27.65 | x |
| 2001-12-31 | CN¥0.22 | CN¥27.65 | x |
| 2002-12-31 | CN¥0.25 | CN¥27.65 | x |
| 2003-12-31 | CN¥0.83 | CN¥27.65 | x |
| 2004-12-31 | CN¥0.86 | CN¥27.65 | x |
| 2005-12-31 | CN¥0.88 | CN¥27.65 | x |
| 2006-12-31 | CN¥0.89 | CN¥27.65 | x |
| 2007-12-31 | CN¥0.89 | CN¥27.65 | x |
| 2008-12-31 | CN¥0.68 | CN¥27.65 | x |
| 2009-12-31 | CN¥0.72 | CN¥27.65 | x |
| 2010-12-31 | CN¥0.77 | CN¥27.65 | x |
| 2011-12-31 | CN¥0.81 | CN¥27.65 | x |
| 2012-12-31 | CN¥0.55 | CN¥27.65 | x |
| 2013-12-31 | CN¥1.30 | CN¥27.65 | x |
| 2014-12-31 | CN¥1.47 | CN¥27.65 | x |
| 2015-12-31 | CN¥1.69 | CN¥27.65 | x |
| 2016-12-31 | CN¥2.79 | CN¥27.65 | x |
| 2017-12-31 | CN¥2.85 | CN¥27.65 | x |
| 2018-12-31 | CN¥2.82 | CN¥27.65 | x |
| 2019-12-31 | CN¥2.90 | CN¥27.65 | x |
| 2020-12-31 | CN¥3.51 | CN¥27.65 | x |
| 2021-12-31 | CN¥3.80 | CN¥27.65 | x |
| 2022-12-31 | CN¥4.11 | CN¥27.65 | x |
| 2023-12-31 | CN¥4.45 | CN¥27.65 | x |
| 2024-12-31 | CN¥4.87 | CN¥27.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glarun 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): 10.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.52%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.55x
- Recent ROE (10.48%) 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 |
|---|---|---|---|---|---|
| 1999 | 24.77% | 17.63% | 0.88x | 1.59x | CN¥11.23 Million |
| 2000 | 22.95% | 16.65% | 0.78x | 1.78x | CN¥10.74 Million |
| 2001 | 22.83% | 19.08% | 0.62x | 1.92x | CN¥10.99 Million |
| 2002 | 20.93% | 18.73% | 0.66x | 1.70x | CN¥10.68 Million |
| 2003 | 7.27% | 9.80% | 0.57x | 1.31x | CN¥-8.93 Million |
| 2004 | 5.73% | 5.36% | 0.81x | 1.31x | CN¥-14.43 Million |
| 2005 | 4.16% | 6.32% | 0.50x | 1.31x | CN¥-20.10 Million |
| 2006 | 4.33% | 6.95% | 0.50x | 1.24x | CN¥-19.74 Million |
| 2007 | 2.61% | 2.78% | 0.58x | 1.62x | CN¥-25.84 Million |
| 2008 | -7.34% | -8.18% | 0.42x | 2.13x | CN¥-55.12 Million |
| 2009 | -13.95% | -17.32% | 0.37x | 2.16x | CN¥-67.69 Million |
| 2010 | 5.01% | 5.24% | 0.51x | 1.89x | CN¥-15.05 Million |
| 2011 | 5.29% | 5.76% | 0.45x | 2.06x | CN¥-15.00 Million |
| 2012 | 37.20% | 12.49% | 1.56x | 1.91x | CN¥90.30 Million |
| 2013 | 12.19% | 10.46% | 0.70x | 1.67x | CN¥17.00 Million |
| 2014 | 16.52% | 15.16% | 0.70x | 1.55x | CN¥57.59 Million |
| 2015 | 18.21% | 17.11% | 0.61x | 1.76x | CN¥84.22 Million |
| 2016 | 13.53% | 18.15% | 0.51x | 1.45x | CN¥59.59 Million |
| 2017 | 9.47% | 14.67% | 0.43x | 1.50x | CN¥-9.51 Million |
| 2018 | 2.13% | 3.62% | 0.36x | 1.61x | CN¥-139.73 Million |
| 2019 | 22.70% | 12.12% | 1.15x | 1.63x | CN¥229.48 Million |
| 2020 | 10.81% | 12.94% | 0.46x | 1.80x | CN¥35.00 Million |
| 2021 | 11.16% | 15.32% | 0.48x | 1.53x | CN¥54.63 Million |
| 2022 | 10.76% | 17.03% | 0.39x | 1.60x | CN¥38.64 Million |
| 2023 | 10.80% | 18.26% | 0.37x | 1.62x | CN¥44.14 Million |
| 2024 | 10.48% | 18.52% | 0.37x | 1.55x | CN¥28.89 Million |
Industry Comparison
This section compares Glarun 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: $2,143,109,670
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glarun Technology Co Ltd (600562) | CN¥6.81 Billion | 24.77% | 0.51x | $5.02 Billion |
| ZTE Corp (000063) | $1.58 Billion | 13.39% | 1.14x | $22.80 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.37 Billion | 0.56% | 2.33x | $2.78 Billion |
| Addsino Co Ltd (000547) | $7.23 Billion | 6.20% | 0.29x | $6.45 Billion |
| Sichuan Huiyuan Optical Com (000586) | $184.09 Million | 30.13% | 1.87x | $563.01 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $149.31 Million | -24.96% | 0.37x | $408.22 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $817.32 Million | 5.76% | 1.86x | $2.09 Billion |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $2.18 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.88 Billion | 2.96% | 1.25x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $694.46 Million | 14.34% | 1.64x | $1.28 Billion |
| Sunwave Communications Co Ltd (002115) | $969.73 Million | 1.96% | 1.13x | $1.74 Billion |
About Glarun Technology Co Ltd
Glarun Technology Co.,Ltd engages in the research and development, production, and sale of radar equipment and related systems, industrial software and intelligent manufacturing, smart rail transit, and related activities in China and internationally. The company offers primary, secondary, and other air traffic control radars; meteorological radars; meteorological application systems, such as win… Read more