Suzhou Huazhijie Telecom Co

SHG:603400 China Electronic Components
Market Cap
$918.06 Million
CN¥6.74 Billion CNY
Market Cap Rank
#13803 Global
#3574 in China
Share Price
CN¥67.36
Change (1 day)
-3.25%
52-Week Range
CN¥50.91 - CN¥74.00
All Time High
CN¥74.00
About

Suzhou Huazhijie Telecom Co., Ltd. researches, develops, manufactures, and markets electronic components for the automotive industry. It offers electronic modules/chargers, including brushless and brushed motor control modules, battery packs, and laser level control modules; brush and brushless integrated, AC speed, DC speed control, tact and power, and ON/OFF switches; and brushless and car moto… Read more

Suzhou Huazhijie Telecom Co (603400) - Net Assets

Latest net assets as of June 2025: CN¥1.26 Billion CNY

Based on the latest financial reports, Suzhou Huazhijie Telecom Co (603400) has net assets worth CN¥1.26 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.90 Billion) and total liabilities (CN¥631.68 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¥1.26 Billion
% of Total Assets 66.68%
Annual Growth Rate 17.54%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 11.07

Suzhou Huazhijie Telecom Co - Net Assets Trend (2021–2024)

This chart illustrates how Suzhou Huazhijie Telecom Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Suzhou Huazhijie Telecom Co (2021–2024)

The table below shows the annual net assets of Suzhou Huazhijie Telecom Co from 2021 to 2024.

Year Net Assets Change
2024-12-31 CN¥735.09 Million +24.85%
2023-12-31 CN¥588.79 Million +26.94%
2022-12-31 CN¥463.82 Million +2.49%
2021-12-31 CN¥452.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Suzhou Huazhijie Telecom Co'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 100.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥545.47 Million 74.21%
Other Components CN¥189.61 Million 25.79%
Total Equity CN¥735.09 Million 100.00%

Suzhou Huazhijie Telecom Co Competitors by Market Cap

The table below lists competitors of Suzhou Huazhijie Telecom Co ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Suzhou Huazhijie Telecom Co's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 588,789,284 to 735,086,253, a change of 146,296,968 (24.8%).
  • Net income of 153,501,319 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥153.50 Million +20.88%
Other Changes CN¥-7.20 Million -0.98%
Total Change CN¥- 24.85%

Book Value vs Market Value Analysis

This analysis compares Suzhou Huazhijie Telecom Co'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: 6.87x
  • 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 11.16x to 6.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 CN¥6.03 CN¥67.36 x
2022-12-31 CN¥6.18 CN¥67.36 x
2023-12-31 CN¥7.85 CN¥67.36 x
2024-12-31 CN¥9.80 CN¥67.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Suzhou Huazhijie Telecom Co 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): 20.88%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.48%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 1.84x
  • Recent ROE (20.88%) is below the historical average (21.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 23.32% 8.45% 1.20x 2.31x CN¥60.30 Million
2022 21.71% 9.88% 1.16x 1.89x CN¥54.32 Million
2023 20.63% 12.96% 0.91x 1.75x CN¥62.58 Million
2024 20.88% 12.48% 0.91x 1.84x CN¥79.99 Million

Industry Comparison

This section compares Suzhou Huazhijie Telecom Co'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
Suzhou Huazhijie Telecom Co (603400) CN¥1.26 Billion 23.32% 0.50x $251.09 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