Guangdong Ellington Electronics Technology Co Ltd
Guangdong Ellington Electronics Technology Co.,Ltd, together with its subsidiaries, researches, develops, manufactures, and sells high-precision, high-density double-layer, and multi-layer printed circuit boards in China and internationally. The company's products are used in automotive electronics and communications, industrial control and medical, new energy and power supply, and multimedia and… Read more
Guangdong Ellington Electronics Technology Co Ltd (603328) - Net Assets
Latest net assets as of September 2025: CN¥4.21 Billion CNY
Based on the latest financial reports, Guangdong Ellington Electronics Technology Co Ltd (603328) has net assets worth CN¥4.21 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¥6.54 Billion) and total liabilities (CN¥2.33 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¥4.21 Billion |
| % of Total Assets | 64.37% |
| Annual Growth Rate | 11.69% |
| 5-Year Change | 21.52% |
| 10-Year Change | -7.36% |
| Growth Volatility | 20.02 |
Guangdong Ellington Electronics Technology Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Guangdong Ellington Electronics 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 Guangdong Ellington Electronics Technology Co Ltd (2007–2024)
The table below shows the annual net assets of Guangdong Ellington Electronics Technology Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.03 Billion | +6.57% |
| 2023-12-31 | CN¥3.79 Billion | +5.86% |
| 2022-12-31 | CN¥3.58 Billion | +6.14% |
| 2021-12-31 | CN¥3.37 Billion | +1.48% |
| 2020-12-31 | CN¥3.32 Billion | -6.92% |
| 2019-12-31 | CN¥3.57 Billion | -20.18% |
| 2018-12-31 | CN¥4.47 Billion | -3.57% |
| 2017-12-31 | CN¥4.63 Billion | -2.38% |
| 2016-12-31 | CN¥4.75 Billion | +9.01% |
| 2015-12-31 | CN¥4.35 Billion | +9.70% |
| 2014-12-31 | CN¥3.97 Billion | +70.59% |
| 2013-12-31 | CN¥2.33 Billion | +16.06% |
| 2012-12-31 | CN¥2.00 Billion | +19.59% |
| 2011-12-31 | CN¥1.68 Billion | +21.06% |
| 2010-12-31 | CN¥1.38 Billion | +25.55% |
| 2009-12-31 | CN¥1.10 Billion | +38.50% |
| 2008-12-31 | CN¥796.35 Million | +29.37% |
| 2007-12-31 | CN¥615.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Ellington Electronics 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 123443.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.46 Billion | 36.20% |
| Common Stock | CN¥998.44 Million | 24.75% |
| Other Comprehensive Income | CN¥556.41 Million | 13.79% |
| Other Components | CN¥1.02 Billion | 25.26% |
| Total Equity | CN¥4.03 Billion | 100.00% |
Guangdong Ellington Electronics Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Ellington Electronics Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SoftwareONE Holding AG
PINK:SWONF
|
$706.77 Million |
|
V-Guard Industries Limited
NSE:VGUARD
|
$706.78 Million |
|
Laurentian Bank of Canada
PINK:LRCDF
|
$706.84 Million |
|
CP Axtra Public Company Limited
BK:CPAXT
|
$707.11 Million |
|
Yangmei Chemical Co Ltd
SHG:600691
|
$706.47 Million |
|
Ningbo Yongxin Optics Co Ltd
SHG:603297
|
$706.38 Million |
|
Shenzhen Sunshine Laser & Electronics Technology Co Ltd
SHE:300227
|
$706.27 Million |
|
Sany Heavy Equipment International Holdings Company Limited
PINK:SNYYF
|
$706.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Ellington Electronics Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,785,310,335 to 4,034,102,317, a change of 248,791,982 (6.6%).
- Net income of 437,374,206 contributed positively to equity growth.
- Dividend payments of 195,108,283 reduced retained earnings.
- Other comprehensive income increased equity by 47,290,854.
- Other factors decreased equity by 40,764,795.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥437.37 Million | +10.84% |
| Dividends Paid | CN¥195.11 Million | -4.84% |
| Other Comprehensive Income | CN¥47.29 Million | +1.17% |
| Other Changes | CN¥-40.76 Million | -1.01% |
| Total Change | CN¥- | 6.57% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Ellington Electronics 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: 3.13x
- 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 17.32x to 3.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.73 | CN¥12.66 | x |
| 2008-12-31 | CN¥0.94 | CN¥12.66 | x |
| 2009-12-31 | CN¥1.38 | CN¥12.66 | x |
| 2010-12-31 | CN¥1.72 | CN¥12.66 | x |
| 2011-12-31 | CN¥2.11 | CN¥12.66 | x |
| 2012-12-31 | CN¥2.50 | CN¥12.66 | x |
| 2013-12-31 | CN¥2.93 | CN¥12.66 | x |
| 2014-12-31 | CN¥4.45 | CN¥12.66 | x |
| 2015-12-31 | CN¥4.47 | CN¥12.66 | x |
| 2016-12-31 | CN¥4.84 | CN¥12.66 | x |
| 2017-12-31 | CN¥4.61 | CN¥12.66 | x |
| 2018-12-31 | CN¥4.51 | CN¥12.66 | x |
| 2019-12-31 | CN¥3.58 | CN¥12.66 | x |
| 2020-12-31 | CN¥3.32 | CN¥12.66 | x |
| 2021-12-31 | CN¥3.37 | CN¥12.66 | x |
| 2022-12-31 | CN¥3.58 | CN¥12.66 | x |
| 2023-12-31 | CN¥3.80 | CN¥12.66 | x |
| 2024-12-31 | CN¥4.04 | CN¥12.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Ellington Electronics 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): 10.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.47%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.38x
- Recent ROE (10.84%) is below the historical average (14.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 27.35% | 11.23% | 0.92x | 2.64x | CN¥100.83 Million |
| 2008 | 23.37% | 9.54% | 1.11x | 2.21x | CN¥101.38 Million |
| 2009 | 29.78% | 17.05% | 1.00x | 1.75x | CN¥218.13 Million |
| 2010 | 20.29% | 10.65% | 1.03x | 1.85x | CN¥142.52 Million |
| 2011 | 17.33% | 10.15% | 1.05x | 1.62x | CN¥122.88 Million |
| 2012 | 16.38% | 11.82% | 0.99x | 1.40x | CN¥127.96 Million |
| 2013 | 13.82% | 12.40% | 0.84x | 1.33x | CN¥88.98 Million |
| 2014 | 9.09% | 13.73% | 0.55x | 1.21x | CN¥-35.96 Million |
| 2015 | 10.73% | 15.96% | 0.56x | 1.20x | CN¥31.90 Million |
| 2016 | 12.40% | 20.05% | 0.51x | 1.22x | CN¥113.74 Million |
| 2017 | 11.93% | 16.83% | 0.59x | 1.20x | CN¥89.66 Million |
| 2018 | 14.64% | 19.65% | 0.62x | 1.21x | CN¥207.18 Million |
| 2019 | 14.54% | 17.22% | 0.69x | 1.23x | CN¥161.85 Million |
| 2020 | 6.76% | 8.69% | 0.61x | 1.28x | CN¥-107.47 Million |
| 2021 | 4.47% | 5.18% | 0.63x | 1.37x | CN¥-186.28 Million |
| 2022 | 7.51% | 8.78% | 0.62x | 1.38x | CN¥-89.03 Million |
| 2023 | 9.38% | 11.17% | 0.63x | 1.33x | CN¥-23.53 Million |
| 2024 | 10.84% | 12.47% | 0.63x | 1.38x | CN¥33.96 Million |
Industry Comparison
This section compares Guangdong Ellington Electronics Technology Co Ltd'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 |
|---|---|---|---|---|
| Guangdong Ellington Electronics Technology Co Ltd (603328) | CN¥4.21 Billion | 27.35% | 0.55x | $706.66 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 |