EmbedWay Tech(Shanghai)Corp (603496) - Net Assets
Based on the latest financial reports, EmbedWay Tech(Shanghai)Corp (603496) has net assets worth CN¥1.39 Billion CNY (≈ $203.76 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¥1.95 Billion ≈ $284.90 Million USD) and total liabilities (CN¥554.44 Million ≈ $81.13 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 603496 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.39 Billion |
| % of Total Assets | 71.52% |
| Annual Growth Rate | 22.73% |
| 5-Year Change | 67.53% |
| 10-Year Change | 523.39% |
| Growth Volatility | 37.63 |
EmbedWay Tech(Shanghai)Corp - Net Assets Trend (2012–2024)
This chart illustrates how EmbedWay Tech(Shanghai)Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is EmbedWay Tech(Shanghai)Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for EmbedWay Tech(Shanghai)Corp (2012–2024)
The table below shows the annual net assets of EmbedWay Tech(Shanghai)Corp from 2012 to 2024. For live valuation and market cap data, see EmbedWay Tech(Shanghai)Corp (603496) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.36 Billion ≈ $198.99 Million |
+0.37% |
| 2023-12-31 | CN¥1.35 Billion ≈ $198.25 Million |
+7.08% |
| 2022-12-31 | CN¥1.27 Billion ≈ $185.13 Million |
+7.78% |
| 2021-12-31 | CN¥1.17 Billion ≈ $171.77 Million |
+44.61% |
| 2020-12-31 | CN¥811.71 Million ≈ $118.78 Million |
+1.60% |
| 2019-12-31 | CN¥798.95 Million ≈ $116.91 Million |
+6.09% |
| 2018-12-31 | CN¥753.07 Million ≈ $110.20 Million |
+14.58% |
| 2017-12-31 | CN¥657.22 Million ≈ $96.17 Million |
+141.49% |
| 2016-12-31 | CN¥272.16 Million ≈ $39.83 Million |
+24.76% |
| 2015-12-31 | CN¥218.14 Million ≈ $31.92 Million |
+25.50% |
| 2014-12-31 | CN¥173.81 Million ≈ $25.43 Million |
+44.34% |
| 2013-12-31 | CN¥120.42 Million ≈ $17.62 Million |
+3.38% |
| 2012-12-31 | CN¥116.47 Million ≈ $17.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to EmbedWay Tech(Shanghai)Corp'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 341.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥447.84 Million | 32.91% |
| Common Stock | CN¥320.21 Million | 23.53% |
| Other Comprehensive Income | CN¥111.91 Million | 8.22% |
| Other Components | CN¥480.69 Million | 35.33% |
| Total Equity | CN¥1.36 Billion | 100.00% |
EmbedWay Tech(Shanghai)Corp Competitors by Market Cap
The table below lists competitors of EmbedWay Tech(Shanghai)Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
General American Investors Closed Fund
NYSE:GAM
|
$1.43 Billion |
|
Bomin Electronics Co Ltd
SHG:603936
|
$1.43 Billion |
|
INOX India Limited
NSE:INOXINDIA
|
$1.43 Billion |
|
Kingsignal Technology Co Ltd
SHE:300252
|
$1.43 Billion |
|
Goldcup Electric Apparatus Co Ltd
SHE:002533
|
$1.43 Billion |
|
Kinco Automation (Shanghai) Co. Ltd. A
SHG:688160
|
$1.43 Billion |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190
|
$1.43 Billion |
|
Jiangsu Shagang Co Ltd
SHE:002075
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EmbedWay Tech(Shanghai)Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,353,841,360 to 1,360,648,535, a change of 6,807,175 (0.5%).
- Net income of 26,849,076 contributed positively to equity growth.
- Dividend payments of 34,139,722 reduced retained earnings.
- Other comprehensive income increased equity by 12,382,493.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.85 Million | +1.97% |
| Dividends Paid | CN¥34.14 Million | -2.51% |
| Other Comprehensive Income | CN¥12.38 Million | +0.91% |
| Other Changes | CN¥1.72 Million | +0.13% |
| Total Change | CN¥- | 0.50% |
Book Value vs Market Value Analysis
This analysis compares EmbedWay Tech(Shanghai)Corp'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: 7.18x
- 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 increased from 6.29x to 7.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥4.85 | CN¥30.51 | x |
| 2013-12-31 | CN¥4.35 | CN¥30.51 | x |
| 2014-12-31 | CN¥0.89 | CN¥30.51 | x |
| 2015-12-31 | CN¥1.05 | CN¥30.51 | x |
| 2016-12-31 | CN¥1.31 | CN¥30.51 | x |
| 2017-12-31 | CN¥3.77 | CN¥30.51 | x |
| 2018-12-31 | CN¥3.79 | CN¥30.51 | x |
| 2019-12-31 | CN¥2.84 | CN¥30.51 | x |
| 2020-12-31 | CN¥2.89 | CN¥30.51 | x |
| 2021-12-31 | CN¥5.70 | CN¥30.51 | x |
| 2022-12-31 | CN¥4.55 | CN¥30.51 | x |
| 2023-12-31 | CN¥4.34 | CN¥30.51 | x |
| 2024-12-31 | CN¥4.25 | CN¥30.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EmbedWay Tech(Shanghai)Corp 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): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.40%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.47x
- Recent ROE (1.97%) is below the historical average (13.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 31.17% | 29.39% | 0.75x | 1.41x | CN¥24.64 Million |
| 2013 | 21.60% | 25.77% | 0.58x | 1.45x | CN¥13.97 Million |
| 2014 | 18.61% | 20.61% | 0.57x | 1.57x | CN¥14.96 Million |
| 2015 | 23.53% | 24.44% | 0.68x | 1.41x | CN¥29.51 Million |
| 2016 | 22.79% | 25.03% | 0.66x | 1.37x | CN¥34.81 Million |
| 2017 | 11.48% | 24.10% | 0.41x | 1.17x | CN¥9.71 Million |
| 2018 | 14.00% | 24.38% | 0.47x | 1.22x | CN¥30.03 Million |
| 2019 | 8.40% | 15.51% | 0.45x | 1.20x | CN¥-12.80 Million |
| 2020 | 4.46% | 6.83% | 0.46x | 1.43x | CN¥-45.12 Million |
| 2021 | 4.55% | 7.88% | 0.42x | 1.38x | CN¥-63.98 Million |
| 2022 | 6.02% | 9.89% | 0.45x | 1.35x | CN¥-50.37 Million |
| 2023 | 5.82% | 10.21% | 0.32x | 1.80x | CN¥-56.60 Million |
| 2024 | 1.97% | 2.40% | 0.56x | 1.47x | CN¥-109.22 Million |
Industry Comparison
This section compares EmbedWay Tech(Shanghai)Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,761,038,780
- Average return on equity (ROE) among peers: 15.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EmbedWay Tech(Shanghai)Corp (603496) | CN¥1.39 Billion | 31.17% | 0.40x | $1.43 Billion |
| ZTE Corp (000063) | $78.39 Million | 93.31% | 2.02x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.52 Billion | -24.54% | 2.30x | $2.38 Billion |
| Addsino Co Ltd (000547) | $1.78 Billion | 7.79% | 0.60x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $310.66 Million | 7.41% | 1.42x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.97 Billion | 13.82% | 1.48x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $817.32 Million | 5.76% | 1.86x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $3.91 Billion | 16.02% | 1.70x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.46 Billion | 5.18% | 1.36x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $200.23 Million | 30.55% | 2.02x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.57 Billion | 0.68% | 0.81x | $1.71 Billion |
About EmbedWay Tech(Shanghai)Corp
EmbedWay Technologies (Shanghai) Corporation engages in the provision of network visibility, intelligent system platforms, and intelligent computing solutions and services in China. It offers products and solutions for telecom networks, industrial internet, and intelligent computing centers. The company also provides ExProbe, a 40G/100G ethernet acquisition and distribution device; OptiPlus, a mu… Read more