Guangdong Ellington Electronics Technology Co Ltd (603328) - Net Assets

Latest as of September 2025: CN¥4.21 Billion CNY ≈ $616.06 Million USD

Based on the latest financial reports, Guangdong Ellington Electronics Technology Co Ltd (603328) has net assets worth CN¥4.21 Billion CNY (≈ $616.06 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¥6.54 Billion ≈ $957.10 Million USD) and total liabilities (CN¥2.33 Billion ≈ $341.04 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 financial resilience of Guangdong Ellington Electronics Technolo to evaluate the company's liquid asset resilience ratio.

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. Also explore Guangdong Ellington Electronics Technolo total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Guangdong Ellington Electronics Technolo market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥4.03 Billion ≈ $590.32 Million	+6.57%
2023-12-31	CN¥3.79 Billion ≈ $553.91 Million	+5.86%
2022-12-31	CN¥3.58 Billion ≈ $523.24 Million	+6.14%
2021-12-31	CN¥3.37 Billion ≈ $492.98 Million	+1.48%
2020-12-31	CN¥3.32 Billion ≈ $485.77 Million	-6.92%
2019-12-31	CN¥3.57 Billion ≈ $521.88 Million	-20.18%
2018-12-31	CN¥4.47 Billion ≈ $653.85 Million	-3.57%
2017-12-31	CN¥4.63 Billion ≈ $678.10 Million	-2.38%
2016-12-31	CN¥4.75 Billion ≈ $694.62 Million	+9.01%
2015-12-31	CN¥4.35 Billion ≈ $637.18 Million	+9.70%
2014-12-31	CN¥3.97 Billion ≈ $580.82 Million	+70.59%
2013-12-31	CN¥2.33 Billion ≈ $340.47 Million	+16.06%
2012-12-31	CN¥2.00 Billion ≈ $293.36 Million	+19.59%
2011-12-31	CN¥1.68 Billion ≈ $245.31 Million	+21.06%
2010-12-31	CN¥1.38 Billion ≈ $202.64 Million	+25.55%
2009-12-31	CN¥1.10 Billion ≈ $161.40 Million	+38.50%
2008-12-31	CN¥796.35 Million ≈ $116.53 Million	+29.37%
2007-12-31	CN¥615.56 Million ≈ $90.08 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
GIMV NV BR:GIMB	$1.67 Billion
CMST Development Co Ltd SHG:600787	$1.67 Billion
Com7 PCL BK:COM7	$1.67 Billion
Shanghai Yizhong Pharmaceutical Co Ltd SHG:688091	$1.67 Billion
CLARIVATE PLC NYSE:CLVT	$1.67 Billion
Ardelyx Inc NASDAQ:ARDX	$1.67 Billion
RAPT Therapeutics Inc NASDAQ:RAPT	$1.67 Billion
Kfin Technologies Limited NSE:KFINTECH	$1.67 Billion

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: 2.83x
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 15.66x to 2.83x 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¥11.45	x
2008-12-31	CN¥0.94	CN¥11.45	x
2009-12-31	CN¥1.38	CN¥11.45	x
2010-12-31	CN¥1.72	CN¥11.45	x
2011-12-31	CN¥2.11	CN¥11.45	x
2012-12-31	CN¥2.50	CN¥11.45	x
2013-12-31	CN¥2.93	CN¥11.45	x
2014-12-31	CN¥4.45	CN¥11.45	x
2015-12-31	CN¥4.47	CN¥11.45	x
2016-12-31	CN¥4.84	CN¥11.45	x
2017-12-31	CN¥4.61	CN¥11.45	x
2018-12-31	CN¥4.51	CN¥11.45	x
2019-12-31	CN¥3.58	CN¥11.45	x
2020-12-31	CN¥3.32	CN¥11.45	x
2021-12-31	CN¥3.37	CN¥11.45	x
2022-12-31	CN¥3.58	CN¥11.45	x
2023-12-31	CN¥3.80	CN¥11.45	x
2024-12-31	CN¥4.04	CN¥11.45	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: $2,959,429,291
Average return on equity (ROE) among peers: 10.19%

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	$1.67 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$266.56 Million	3.44%	1.72x	$423.10 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$2.86 Billion	17.55%	2.07x	$1.63 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.09 Billion	2.98%	1.57x	$483.17 Million
CPT Technology Group Co Ltd (000536)	$3.32 Billion	10.43%	0.37x	$1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$6.06 Billion	5.92%	0.45x	$4.25 Billion
Xiamen Xindeco Ltd (000701)	$217.53 Million	0.00%	0.71x	$586.43 Million
BOE Technology Group Co Ltd (000725)	$466.65 Million	21.84%	0.74x	$21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$9.75 Billion	24.43%	0.39x	$3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$4.17 Billion	8.18%	0.30x	$2.15 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.38 Billion	7.09%	0.20x	$4.88 Billion

About Guangdong Ellington Electronics Technology Co Ltd

SHG:603328 China Electronic Components

Market Cap

$1.67 Billion

CN¥11.43 Billion CNY

Market Cap Rank

#6922 Global

#1603 in China

Share Price

CN¥11.45

Change (1 day)

-4.74%

52-Week Range

CN¥8.65 - CN¥14.21

All Time High

CN¥14.21