Wuxi Xinhongtai ElecTech
Wuxi New Hongtai Electrical Technology Co.,Ltd engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China. It offers BMC/SMC molded insulation products for circuit breakers, motors and electric motors, low-voltage circuit breakers, and knife-fused switches; and molding articles and materials. Wuxi Ne… Read more
Wuxi Xinhongtai ElecTech (603016) - Net Assets
Latest net assets as of September 2025: CN¥855.49 Million CNY
Based on the latest financial reports, Wuxi Xinhongtai ElecTech (603016) has net assets worth CN¥855.49 Million 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¥1.05 Billion) and total liabilities (CN¥197.03 Million). 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¥855.49 Million |
| % of Total Assets | 81.28% |
| Annual Growth Rate | 10.84% |
| 5-Year Change | 4.72% |
| 10-Year Change | 85.8% |
| Growth Volatility | 20.85 |
Wuxi Xinhongtai ElecTech - Net Assets Trend (2011–2024)
This chart illustrates how Wuxi Xinhongtai ElecTech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wuxi Xinhongtai ElecTech (2011–2024)
The table below shows the annual net assets of Wuxi Xinhongtai ElecTech from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥879.53 Million | +1.33% |
| 2023-12-31 | CN¥868.01 Million | +2.97% |
| 2022-12-31 | CN¥842.99 Million | +3.49% |
| 2021-12-31 | CN¥814.59 Million | -3.02% |
| 2020-12-31 | CN¥839.93 Million | -1.89% |
| 2019-12-31 | CN¥856.14 Million | +0.61% |
| 2018-12-31 | CN¥850.94 Million | +2.09% |
| 2017-12-31 | CN¥833.56 Million | +0.13% |
| 2016-12-31 | CN¥832.46 Million | +75.86% |
| 2015-12-31 | CN¥473.37 Million | +16.65% |
| 2014-12-31 | CN¥405.82 Million | +20.44% |
| 2013-12-31 | CN¥336.95 Million | +10.22% |
| 2012-12-31 | CN¥305.71 Million | +32.55% |
| 2011-12-31 | CN¥230.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuxi Xinhongtai ElecTech'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 307.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥347.80 Million | 41.07% |
| Common Stock | CN¥148.16 Million | 17.49% |
| Other Components | CN¥350.97 Million | 41.44% |
| Total Equity | CN¥846.94 Million | 100.00% |
Wuxi Xinhongtai ElecTech Competitors by Market Cap
The table below lists competitors of Wuxi Xinhongtai ElecTech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
init innovation in traffic systems SE
F:IXX
|
$271.67 Million |
|
Mainova AG
F:MNV6
|
$271.67 Million |
|
Fila SpA
LSE:0QIQ
|
$271.70 Million |
|
Chorus Aviation Inc
PINK:CHRRF
|
$271.74 Million |
|
Tivan Ltd
AU:TVN
|
$271.44 Million |
|
Is Gayrimenkul Yatirim Ortakligi AS
IS:ISGYO
|
$271.40 Million |
|
Vestel Elektronik Sanayi ve Ticaret AS
IS:VESTL
|
$271.34 Million |
|
Changzhou Architectural Research Institute Group Co. Ltd. A
SHE:301115
|
$271.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Xinhongtai ElecTech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 831,422,541 to 846,936,899, a change of 15,514,358 (1.9%).
- Net income of 70,629,878 contributed positively to equity growth.
- Dividend payments of 55,357,030 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥70.63 Million | +8.34% |
| Dividends Paid | CN¥55.36 Million | -6.54% |
| Other Changes | CN¥241.51K | +0.03% |
| Total Change | CN¥- | 1.87% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Xinhongtai ElecTech'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: 5.55x
- 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 15.48x to 5.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥2.06 | CN¥31.93 | x |
| 2012-12-31 | CN¥2.63 | CN¥31.93 | x |
| 2013-12-31 | CN¥2.91 | CN¥31.93 | x |
| 2014-12-31 | CN¥3.53 | CN¥31.93 | x |
| 2015-12-31 | CN¥4.10 | CN¥31.93 | x |
| 2016-12-31 | CN¥6.31 | CN¥31.93 | x |
| 2017-12-31 | CN¥5.42 | CN¥31.93 | x |
| 2018-12-31 | CN¥5.53 | CN¥31.93 | x |
| 2019-12-31 | CN¥5.61 | CN¥31.93 | x |
| 2020-12-31 | CN¥5.49 | CN¥31.93 | x |
| 2021-12-31 | CN¥5.31 | CN¥31.93 | x |
| 2022-12-31 | CN¥5.46 | CN¥31.93 | x |
| 2023-12-31 | CN¥5.57 | CN¥31.93 | x |
| 2024-12-31 | CN¥5.76 | CN¥31.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Xinhongtai ElecTech 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): 8.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.16%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.27x
- Recent ROE (8.34%) is below the historical average (12.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.16% | 18.50% | 0.97x | 1.51x | CN¥39.57 Million |
| 2012 | 21.65% | 19.11% | 0.78x | 1.46x | CN¥34.31 Million |
| 2013 | 21.62% | 18.67% | 0.79x | 1.47x | CN¥37.71 Million |
| 2014 | 17.27% | 17.03% | 0.74x | 1.37x | CN¥28.51 Million |
| 2015 | 14.38% | 16.70% | 0.68x | 1.27x | CN¥20.05 Million |
| 2016 | 8.09% | 17.48% | 0.41x | 1.14x | CN¥-15.61 Million |
| 2017 | 5.53% | 11.85% | 0.40x | 1.17x | CN¥-36.25 Million |
| 2018 | 7.41% | 14.73% | 0.43x | 1.17x | CN¥-21.40 Million |
| 2019 | 7.21% | 13.54% | 0.46x | 1.16x | CN¥-23.21 Million |
| 2020 | 7.63% | 13.98% | 0.46x | 1.19x | CN¥-19.27 Million |
| 2021 | 6.74% | 9.55% | 0.55x | 1.29x | CN¥-25.67 Million |
| 2022 | 8.30% | 10.92% | 0.59x | 1.28x | CN¥-13.76 Million |
| 2023 | 8.27% | 10.87% | 0.59x | 1.28x | CN¥-14.42 Million |
| 2024 | 8.34% | 11.16% | 0.59x | 1.27x | CN¥-14.06 Million |
Industry Comparison
This section compares Wuxi Xinhongtai ElecTech's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuxi Xinhongtai ElecTech (603016) | CN¥855.49 Million | 27.16% | 0.23x | $271.45 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |