Wingtech Technology Co Ltd (600745) - Net Assets
Based on the latest financial reports, Wingtech Technology Co Ltd (600745) has net assets worth CN¥24.85 Billion CNY (≈ $3.64 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥40.94 Billion ≈ $5.99 Billion USD) and total liabilities (CN¥16.09 Billion ≈ $2.36 Billion 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. Also explore 600745 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥24.85 Billion |
| % of Total Assets | 60.69% |
| Annual Growth Rate | 20.06% |
| 5-Year Change | -26.57% |
| 10-Year Change | 396.29% |
| Growth Volatility | 566.07 |
Wingtech Technology Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Wingtech Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Wingtech Technology Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Wingtech Technology Co Ltd (1995–2025)
The table below shows the annual net assets of Wingtech Technology Co Ltd from 1995 to 2025. For live valuation and market cap data, see Wingtech Technology Co Ltd (600745) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥25.34 Billion ≈ $3.71 Billion |
-27.26% |
| 2024-12-31 | CN¥34.84 Billion ≈ $5.10 Billion |
-7.50% |
| 2023-12-31 | CN¥37.67 Billion ≈ $5.51 Billion |
+2.87% |
| 2022-12-31 | CN¥36.61 Billion ≈ $5.36 Billion |
+6.08% |
| 2021-12-31 | CN¥34.52 Billion ≈ $5.05 Billion |
+18.72% |
| 2020-12-31 | CN¥29.07 Billion ≈ $4.25 Billion |
+35.72% |
| 2019-12-31 | CN¥21.42 Billion ≈ $3.13 Billion |
+474.17% |
| 2018-12-31 | CN¥3.73 Billion ≈ $545.95 Million |
+1.78% |
| 2017-12-31 | CN¥3.67 Billion ≈ $536.43 Million |
-28.22% |
| 2016-12-31 | CN¥5.11 Billion ≈ $747.28 Million |
-13.08% |
| 2015-12-31 | CN¥5.88 Billion ≈ $859.77 Million |
+58.54% |
| 2014-12-31 | CN¥3.71 Billion ≈ $542.29 Million |
+93.57% |
| 2013-12-31 | CN¥1.91 Billion ≈ $280.15 Million |
+109.99% |
| 2012-12-31 | CN¥911.70 Million ≈ $133.41 Million |
+15.63% |
| 2011-12-31 | CN¥788.43 Million ≈ $115.37 Million |
+31.96% |
| 2010-12-31 | CN¥597.49 Million ≈ $87.43 Million |
+19.59% |
| 2009-12-31 | CN¥499.61 Million ≈ $73.11 Million |
+48.27% |
| 2008-12-31 | CN¥336.97 Million ≈ $49.31 Million |
+302.97% |
| 2007-12-31 | CN¥-166.02 Million ≈ $-24.29 Million |
+27.56% |
| 2006-12-31 | CN¥-229.18 Million ≈ $-33.54 Million |
+3.44% |
| 2005-12-31 | CN¥-237.35 Million ≈ $-34.73 Million |
-2918.42% |
| 2004-12-31 | CN¥8.42 Million ≈ $1.23 Million |
-92.88% |
| 2003-12-31 | CN¥118.35 Million ≈ $17.32 Million |
-18.63% |
| 2002-12-31 | CN¥145.45 Million ≈ $21.28 Million |
+14.85% |
| 2001-12-31 | CN¥126.65 Million ≈ $18.53 Million |
+40.62% |
| 2000-12-31 | CN¥90.06 Million ≈ $13.18 Million |
-59.56% |
| 1999-12-31 | CN¥222.72 Million ≈ $32.59 Million |
-53.99% |
| 1998-12-31 | CN¥484.05 Million ≈ $70.83 Million |
+97.23% |
| 1997-12-31 | CN¥245.43 Million ≈ $35.91 Million |
+42.34% |
| 1996-12-31 | CN¥172.43 Million ≈ $25.23 Million |
+63.85% |
| 1995-12-31 | CN¥105.23 Million ≈ $15.40 Million |
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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 decreased by 28549.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥28.00 Billion | 112.47% |
| Total Equity | CN¥24.90 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.
| Company | Market Cap |
|---|---|
|
Gerdau S.A
SA:GGBR3
|
$3.12 Billion |
|
CRRC Corporation Limited
F:C2L
|
$3.12 Billion |
|
Rev Group Inc
NYSE:REVG
|
$3.12 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
$3.12 Billion |
|
Caida Securities Co Ltd
SHG:600906
|
$3.11 Billion |
|
Corporación Inmobiliaria Vesta S.A.B. de C.V
MX:VESTA
|
$3.11 Billion |
|
Krungthai Card Public Company Limited
BK:KTC-R
|
$3.11 Billion |
|
Krungthai Card PCL
BK:KTC
|
$3.11 Billion |
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 2024 to 2025, total equity changed from 34,367,825,994 to 24,898,115,144, a change of -9,469,710,850 (-27.6%).
- Net loss of 8,747,528,378 reduced equity.
- Dividend payments of 169,187,976 reduced retained earnings.
- Other comprehensive income decreased equity by 3,325,796,237.
- Other factors increased equity by 2,772,801,740.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-8.75 Billion | -35.13% |
| Dividends Paid | CN¥169.19 Million | -0.68% |
| Other Comprehensive Income | CN¥-3.33 Billion | -13.36% |
| Other Changes | CN¥2.77 Billion | +11.14% |
| Total Change | CN¥- | -27.55% |
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: 0.86x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 25.88x to 0.86x 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¥17.11 | x |
| 1996-12-31 | CN¥1.11 | CN¥17.11 | x |
| 1997-12-31 | CN¥1.52 | CN¥17.11 | x |
| 1998-12-31 | CN¥3.22 | CN¥17.11 | x |
| 1999-12-31 | CN¥1.53 | CN¥17.11 | x |
| 2000-12-31 | CN¥0.69 | CN¥17.11 | x |
| 2001-12-31 | CN¥0.91 | CN¥17.11 | x |
| 2002-12-31 | CN¥1.04 | CN¥17.11 | x |
| 2003-12-31 | CN¥0.93 | CN¥17.11 | x |
| 2004-12-31 | CN¥0.01 | CN¥17.11 | x |
| 2005-12-31 | CN¥-1.68 | CN¥17.11 | x |
| 2006-12-31 | CN¥-1.62 | CN¥17.11 | x |
| 2007-12-31 | CN¥-0.51 | CN¥17.11 | x |
| 2008-12-31 | CN¥0.84 | CN¥17.11 | x |
| 2009-12-31 | CN¥1.26 | CN¥17.11 | x |
| 2010-12-31 | CN¥1.58 | CN¥17.11 | x |
| 2011-12-31 | CN¥2.13 | CN¥17.11 | x |
| 2012-12-31 | CN¥2.47 | CN¥17.11 | x |
| 2013-12-31 | CN¥2.54 | CN¥17.11 | x |
| 2014-12-31 | CN¥7.71 | CN¥17.11 | x |
| 2015-12-31 | CN¥8.76 | CN¥17.11 | x |
| 2016-12-31 | CN¥7.21 | CN¥17.11 | x |
| 2017-12-31 | CN¥5.59 | CN¥17.11 | x |
| 2018-12-31 | CN¥5.89 | CN¥17.11 | x |
| 2019-12-31 | CN¥29.75 | CN¥17.11 | x |
| 2020-12-31 | CN¥24.78 | CN¥17.11 | x |
| 2021-12-31 | CN¥27.23 | CN¥17.11 | x |
| 2022-12-31 | CN¥29.02 | CN¥17.11 | x |
| 2023-12-31 | CN¥29.89 | CN¥17.11 | x |
| 2024-12-31 | CN¥27.66 | CN¥17.11 | x |
| 2025-12-31 | CN¥20.00 | CN¥17.11 | 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): -35.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.99%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.68x
- Recent ROE (-35.13%) is above the historical average (-431.55%), 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 |
| 2025 | -35.13% | -27.99% | 0.75x | 1.68x | CN¥-11.24 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: $5,264,467,254
- Average return on equity (ROE) among peers: -1.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wingtech Technology Co Ltd (600745) | CN¥24.85 Billion | 14.31% | 0.65x | $3.12 Billion |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.88x | $20.26 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $870.99 Million | 7.21% | 0.83x | $1.78 Billion |
| Addsino Co Ltd (000547) | $467.76 Million | 1.61% | 1.58x | $3.52 Billion |
| Sichuan Huiyuan Optical Com (000586) | $409.17 Million | 6.81% | 0.68x | $321.28 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.39 Billion | -102.15% | 5.62x | $357.44 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $178.59 Million | 6.04% | 0.38x | $1.74 Billion |
| Skyworth Digital Co Ltd (000810) | $3.10 Billion | 10.68% | 1.69x | $1.63 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.34 Billion | 2.23% | 1.36x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $138.42 Million | 29.26% | 1.88x | $968.93 Million |
| Sunwave Communications Co Ltd (002115) | $395.22 Million | 14.30% | 0.95x | $1.38 Billion |
About Wingtech Technology Co Ltd
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 power transistors, silicon carbide diodes, insulated gate bipolar transistors, and analog and logic IC. It also operates research and developmen… Read more