Wingtech Technology Co Ltd

SHG:600745 China Communication Equipment
Market Cap
$5.62 Billion
CN¥41.21 Billion CNY
Market Cap Rank
#3393 Global
#267 in China
Share Price
CN¥33.11
Change (1 day)
-0.90%
52-Week Range
CN¥28.61 - CN¥49.40
All Time High
CN¥165.36
About

Wingtech Technology Co.,Ltd operates as integrated device manufacturer for consumption, industry, and automobiles fields in China and internationally. The company offers diodes, bipolar transistors, ESD protection devices, MOSFET devices, gallium nitride field effect transistors, silicon carbide diodes, insulated gate bipolar transistors, and analog and logic IC. It also operates research and dev… Read more

Wingtech Technology Co Ltd (600745) - Net Assets

Latest net assets as of September 2025: CN¥35.97 Billion CNY

Based on the latest financial reports, Wingtech Technology Co Ltd (600745) has net assets worth CN¥35.97 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¥54.38 Billion) and total liabilities (CN¥18.41 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¥35.97 Billion
% of Total Assets 66.14%
Annual Growth Rate 22.15%
5-Year Change 19.83%
10-Year Change 492.99%
Growth Volatility 576.77

Wingtech Technology Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Wingtech Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Wingtech Technology Co Ltd (1995–2024)

The table below shows the annual net assets of Wingtech Technology Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥34.84 Billion -7.50%
2023-12-31 CN¥37.67 Billion +2.87%
2022-12-31 CN¥36.61 Billion +6.08%
2021-12-31 CN¥34.52 Billion +18.72%
2020-12-31 CN¥29.07 Billion +35.72%
2019-12-31 CN¥21.42 Billion +474.17%
2018-12-31 CN¥3.73 Billion +1.78%
2017-12-31 CN¥3.67 Billion -28.22%
2016-12-31 CN¥5.11 Billion -13.08%
2015-12-31 CN¥5.88 Billion +58.54%
2014-12-31 CN¥3.71 Billion +93.57%
2013-12-31 CN¥1.91 Billion +109.99%
2012-12-31 CN¥911.70 Million +15.63%
2011-12-31 CN¥788.43 Million +31.96%
2010-12-31 CN¥597.49 Million +19.59%
2009-12-31 CN¥499.61 Million +48.27%
2008-12-31 CN¥336.97 Million +302.97%
2007-12-31 CN¥-166.02 Million +27.56%
2006-12-31 CN¥-229.18 Million +3.44%
2005-12-31 CN¥-237.35 Million -2918.42%
2004-12-31 CN¥8.42 Million -92.88%
2003-12-31 CN¥118.35 Million -18.63%
2002-12-31 CN¥145.45 Million +14.85%
2001-12-31 CN¥126.65 Million +40.62%
2000-12-31 CN¥90.06 Million -59.56%
1999-12-31 CN¥222.72 Million -53.99%
1998-12-31 CN¥484.05 Million +97.23%
1997-12-31 CN¥245.43 Million +42.34%
1996-12-31 CN¥172.43 Million +63.85%
1995-12-31 CN¥105.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wingtech 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 50909.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.57 Billion 16.20%
Common Stock CN¥1.24 Billion 3.62%
Other Comprehensive Income CN¥3.33 Billion 9.68%
Other Components CN¥24.23 Billion 70.50%
Total Equity CN¥34.37 Billion 100.00%

Wingtech Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Wingtech Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wingtech Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 37,166,169,933 to 34,367,825,994, a change of -2,798,343,939 (-7.5%).
  • Net loss of 2,833,020,000 reduced equity.
  • Dividend payments of 374,019,792 reduced retained earnings.
  • Other comprehensive income increased equity by 3,325,796,237.
  • Other factors decreased equity by 2,917,100,384.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.83 Billion -8.24%
Dividends Paid CN¥374.02 Million -1.09%
Other Comprehensive Income CN¥3.33 Billion +9.68%
Other Changes CN¥-2.92 Billion -8.49%
Total Change CN¥- -7.53%

Book Value vs Market Value Analysis

This analysis compares Wingtech 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: 1.20x
  • 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 50.08x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.66 CN¥33.11 x
1996-12-31 CN¥1.11 CN¥33.11 x
1997-12-31 CN¥1.52 CN¥33.11 x
1998-12-31 CN¥3.22 CN¥33.11 x
1999-12-31 CN¥1.53 CN¥33.11 x
2000-12-31 CN¥0.69 CN¥33.11 x
2001-12-31 CN¥0.91 CN¥33.11 x
2002-12-31 CN¥1.04 CN¥33.11 x
2003-12-31 CN¥0.93 CN¥33.11 x
2004-12-31 CN¥0.01 CN¥33.11 x
2005-12-31 CN¥-1.68 CN¥33.11 x
2006-12-31 CN¥-1.62 CN¥33.11 x
2007-12-31 CN¥-0.51 CN¥33.11 x
2008-12-31 CN¥0.84 CN¥33.11 x
2009-12-31 CN¥1.26 CN¥33.11 x
2010-12-31 CN¥1.58 CN¥33.11 x
2011-12-31 CN¥2.13 CN¥33.11 x
2012-12-31 CN¥2.47 CN¥33.11 x
2013-12-31 CN¥2.54 CN¥33.11 x
2014-12-31 CN¥7.71 CN¥33.11 x
2015-12-31 CN¥8.76 CN¥33.11 x
2016-12-31 CN¥7.21 CN¥33.11 x
2017-12-31 CN¥5.59 CN¥33.11 x
2018-12-31 CN¥5.89 CN¥33.11 x
2019-12-31 CN¥29.75 CN¥33.11 x
2020-12-31 CN¥24.78 CN¥33.11 x
2021-12-31 CN¥27.23 CN¥33.11 x
2022-12-31 CN¥29.02 CN¥33.11 x
2023-12-31 CN¥29.89 CN¥33.11 x
2024-12-31 CN¥27.66 CN¥33.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wingtech 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): -8.24%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.85%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 2.18x
  • Recent ROE (-8.24%) is above the historical average (-444.76%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 14.31% 16.19% 0.33x 2.70x CN¥4.02 Million
1996 27.08% 33.46% 0.33x 2.47x CN¥26.75 Million
1997 26.91% 30.90% 0.38x 2.30x CN¥36.22 Million
1998 8.21% 18.20% 0.24x 1.89x CN¥-8.13 Million
1999 -28.70% -106.65% 0.09x 3.08x CN¥-83.65 Million
2000 -93.25% -111.82% 0.20x 4.09x CN¥-101.18 Million
2001 5.71% 23.14% 0.10x 2.59x CN¥-5.53 Million
2002 2.12% 5.54% 0.16x 2.47x CN¥-11.62 Million
2003 1.05% 0.89% 0.42x 2.80x CN¥-11.81 Million
2004 -13479.39% -508.57% 0.14x 190.91x CN¥-199.55 Million
2005 0.00% -6800.30% 0.13x 0.00x CN¥-215.11 Million
2006 0.00% -727.63% 0.06x 0.00x CN¥11.69 Million
2007 0.00% 11493.34% 0.03x 0.00x CN¥62.63 Million
2008 56.99% 20.43% 0.47x 5.95x CN¥129.88 Million
2009 19.79% 11.83% 0.29x 5.78x CN¥39.84 Million
2010 21.53% 17.33% 0.19x 6.49x CN¥59.70 Million
2011 25.59% 26.38% 0.15x 6.60x CN¥108.45 Million
2012 12.57% 7.45% 0.26x 6.51x CN¥20.62 Million
2013 6.30% 2.27% 0.37x 7.41x CN¥-31.68 Million
2014 0.65% 1.04% 0.23x 2.76x CN¥-243.48 Million
2015 -3.42% -20.46% 0.06x 2.61x CN¥-574.18 Million
2016 1.11% 0.36% 1.04x 2.98x CN¥-384.58 Million
2017 9.31% 1.95% 1.55x 3.08x CN¥-24.49 Million
2018 1.70% 0.35% 1.02x 4.71x CN¥-298.44 Million
2019 5.92% 3.01% 0.64x 3.07x CN¥-865.37 Million
2020 8.31% 4.67% 0.86x 2.06x CN¥-490.64 Million
2021 7.75% 4.95% 0.73x 2.15x CN¥-758.33 Million
2022 4.06% 2.51% 0.76x 2.14x CN¥-2.13 Billion
2023 3.18% 1.93% 0.80x 2.07x CN¥-2.54 Billion
2024 -8.24% -3.85% 0.98x 2.18x CN¥-6.27 Billion

Industry Comparison

This section compares Wingtech 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: $1,522,000,668
  • Average return on equity (ROE) among peers: -3.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wingtech Technology Co Ltd (600745) CN¥35.97 Billion 14.31% 0.51x $3.81 Billion
Addsino Co Ltd (000547) $1.77 Billion 1.02% 0.25x $3.67 Billion
Sichuan Huiyuan Optical Com (000586) $329.93 Million -2.83% 0.71x $241.69 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $4.59 Billion 5.22% 1.90x $346.82 Million
Sichuan Jiuzhou Electronic Co Ltd (000801) $1.55 Billion 12.92% 0.93x $1.06 Billion
Skyworth Digital Co Ltd (000810) $140.56 Million 7.13% 1.37x $683.09 Million
Gohigh Data Networks Technology Co Ltd (000851) $336.07 Million -18.04% 0.44x $51.64 Million
Shenzhen Coship Electronics Co Ltd (002052) $231.11 Million -66.53% 2.00x $840.89 Million
Sunwave Communications Co Ltd (002115) $2.18 Billion -12.45% 0.73x $1.17 Billion
Invengo Information Technology Co Ltd (002161) $2.00 Billion 37.19% 0.32x $638.43 Million
Bus Online Co Ltd (002188) $2.09 Billion 4.47% 0.13x $193.28 Million