Cinderson Tech (Suzhou) Co., Ltd.

SHG:603344 China Electrical Equipment & Parts
Market Cap
$760.12 Million
CN¥5.58 Billion CNY
Market Cap Rank
#14758 Global
#3905 in China
Share Price
CN¥28.67
Change (1 day)
-0.73%
52-Week Range
CN¥28.67 - CN¥38.20
All Time High
CN¥38.20
About

Cinderson Tech (Suzhou) Co., Ltd. researches and develops, produces, and sells micro motors and related products. The company offers brushless DC motor, direct flow brush motor, commutation series motors, lithium battery pack, and PCBA boards. Its products are used in cleaning appliances, personal care, power tools, garden tools, and new energy vehicles. The company was founded in 2004 and is bas… Read more

Cinderson Tech (Suzhou) Co., Ltd. (603344) - Net Assets

Latest net assets as of September 2025: CN¥2.10 Billion CNY

Based on the latest financial reports, Cinderson Tech (Suzhou) Co., Ltd. (603344) has net assets worth CN¥2.10 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¥3.07 Billion) and total liabilities (CN¥964.89 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¥2.10 Billion
% of Total Assets 68.53%
Annual Growth Rate 43.72%
5-Year Change 424.76%
10-Year Change N/A
Growth Volatility 29.44

Cinderson Tech (Suzhou) Co., Ltd. - Net Assets Trend (2019–2024)

This chart illustrates how Cinderson Tech (Suzhou) 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 Cinderson Tech (Suzhou) Co., Ltd. (2019–2024)

The table below shows the annual net assets of Cinderson Tech (Suzhou) Co., Ltd. from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.02 Billion +93.47%
2023-12-31 CN¥1.05 Billion +23.98%
2022-12-31 CN¥843.11 Million +30.03%
2021-12-31 CN¥648.38 Million +68.25%
2020-12-31 CN¥385.37 Million +16.92%
2019-12-31 CN¥329.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Cinderson Tech (Suzhou) 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 244.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥576.42 Million 28.50%
Common Stock CN¥194.53 Million 9.62%
Other Comprehensive Income CN¥122.81 Million 6.07%
Other Components CN¥1.13 Billion 55.80%
Total Equity CN¥2.02 Billion 100.00%

Cinderson Tech (Suzhou) Co., Ltd. Competitors by Market Cap

The table below lists competitors of Cinderson Tech (Suzhou) Co., Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cinderson Tech (Suzhou) Co., Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,045,295,221 to 2,022,294,328, a change of 976,999,107 (93.5%).
  • Net income of 198,501,299 contributed positively to equity growth.
  • Dividend payments of 60,304,603 reduced retained earnings.
  • Other comprehensive income increased equity by 28,470,377.
  • Other factors increased equity by 810,332,034.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥198.50 Million +9.82%
Dividends Paid CN¥60.30 Million -2.98%
Other Comprehensive Income CN¥28.47 Million +1.41%
Other Changes CN¥810.33 Million +40.07%
Total Change CN¥- 93.47%

Book Value vs Market Value Analysis

This analysis compares Cinderson Tech (Suzhou) 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: 2.59x
  • 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 16.93x to 2.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥1.69 CN¥28.67 x
2020-12-31 CN¥1.98 CN¥28.67 x
2021-12-31 CN¥3.33 CN¥28.67 x
2022-12-31 CN¥4.33 CN¥28.67 x
2023-12-31 CN¥7.17 CN¥28.67 x
2024-12-31 CN¥11.09 CN¥28.67 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cinderson Tech (Suzhou) 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): 9.82%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.09%
  • • Asset Turnover: 0.86x
  • • Equity Multiplier: 1.41x
  • Recent ROE (9.82%) is below the historical average (21.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 15.96% 4.98% 1.37x 2.35x CN¥19.64 Million
2020 35.97% 8.42% 1.34x 3.18x CN¥100.07 Million
2021 26.60% 7.49% 1.61x 2.21x CN¥107.63 Million
2022 22.14% 10.33% 1.34x 1.61x CN¥102.36 Million
2023 18.69% 9.51% 1.18x 1.66x CN¥90.85 Million
2024 9.82% 8.09% 0.86x 1.41x CN¥-3.73 Million

Industry Comparison

This section compares Cinderson Tech (Suzhou) Co., Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cinderson Tech (Suzhou) Co., Ltd. (603344) CN¥2.10 Billion 15.96% 0.46x $211.12 Million
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion