Shanghai Laimu Electronics Co Ltd (603633) - Net Assets
Based on the latest financial reports, Shanghai Laimu Electronics Co Ltd (603633) has net assets worth CN¥1.94 Billion CNY (≈ $283.77 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¥4.01 Billion ≈ $587.52 Million USD) and total liabilities (CN¥2.08 Billion ≈ $303.75 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. Read 603633 total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.94 Billion |
| % of Total Assets | 48.3% |
| Annual Growth Rate | 17.95% |
| 5-Year Change | 79.35% |
| 10-Year Change | 331.59% |
| Growth Volatility | 21.13 |
Shanghai Laimu Electronics Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai Laimu Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Laimu Electronics Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Laimu Electronics Co Ltd (2011–2024)
The table below shows the annual net assets of Shanghai Laimu Electronics Co Ltd from 2011 to 2024. For live valuation and market cap data, see how much is Shanghai Laimu Electronics Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.94 Billion ≈ $283.60 Million |
+1.23% |
| 2023-12-31 | CN¥1.91 Billion ≈ $280.15 Million |
+2.96% |
| 2022-12-31 | CN¥1.86 Billion ≈ $272.10 Million |
+68.17% |
| 2021-12-31 | CN¥1.11 Billion ≈ $161.79 Million |
+2.32% |
| 2020-12-31 | CN¥1.08 Billion ≈ $158.12 Million |
+42.08% |
| 2019-12-31 | CN¥760.54 Million ≈ $111.29 Million |
+3.99% |
| 2018-12-31 | CN¥731.38 Million ≈ $107.02 Million |
+4.03% |
| 2017-12-31 | CN¥703.05 Million ≈ $102.88 Million |
+5.13% |
| 2016-12-31 | CN¥668.74 Million ≈ $97.86 Million |
+48.92% |
| 2015-12-31 | CN¥449.05 Million ≈ $65.71 Million |
+9.54% |
| 2014-12-31 | CN¥409.94 Million ≈ $59.99 Million |
+13.79% |
| 2013-12-31 | CN¥360.28 Million ≈ $52.72 Million |
+15.68% |
| 2012-12-31 | CN¥311.44 Million ≈ $45.57 Million |
+37.47% |
| 2011-12-31 | CN¥226.54 Million ≈ $33.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Laimu Electronics 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 428.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥667.95 Million | 34.46% |
| Common Stock | CN¥426.81 Million | 22.02% |
| Other Components | CN¥843.29 Million | 43.51% |
| Total Equity | CN¥1.94 Billion | 100.00% |
Shanghai Laimu Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Laimu Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grenevia S.A.
WAR:GEA
|
$517.18 Million |
|
Pansoft Company Limited
SHE:300996
|
$517.24 Million |
|
Beijing Jiaman Dress Co. Ltd. A
SHE:301276
|
$517.35 Million |
|
Electronics Mart India Limited
NSE:EMIL
|
$517.37 Million |
|
Akva Group
OL:AKVA
|
$517.09 Million |
|
Jiangsu Jiuwu Hi-Tech Co Ltd
SHE:300631
|
$516.91 Million |
|
Lets Holding Group Co Ltd
SHE:002398
|
$516.84 Million |
|
Berry Genomics Co Ltd
SHE:000710
|
$516.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Laimu Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,914,477,386 to 1,938,043,195, a change of 23,565,809 (1.2%).
- Net income of 73,495,583 contributed positively to equity growth.
- Dividend payments of 55,041,999 reduced retained earnings.
- Share repurchases of 30,005,272 reduced equity.
- Other factors increased equity by 35,117,497.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.50 Million | +3.79% |
| Dividends Paid | CN¥55.04 Million | -2.84% |
| Share Repurchases | CN¥30.01 Million | -1.55% |
| Other Changes | CN¥35.12 Million | +1.81% |
| Total Change | CN¥- | 1.23% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Laimu Electronics 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: 1.85x
- 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 6.88x to 1.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.20 | CN¥8.28 | x |
| 2012-12-31 | CN¥1.65 | CN¥8.28 | x |
| 2013-12-31 | CN¥1.91 | CN¥8.28 | x |
| 2014-12-31 | CN¥2.18 | CN¥8.28 | x |
| 2015-12-31 | CN¥2.37 | CN¥8.28 | x |
| 2016-12-31 | CN¥3.44 | CN¥8.28 | x |
| 2017-12-31 | CN¥2.85 | CN¥8.28 | x |
| 2018-12-31 | CN¥2.88 | CN¥8.28 | x |
| 2019-12-31 | CN¥2.36 | CN¥8.28 | x |
| 2020-12-31 | CN¥3.68 | CN¥8.28 | x |
| 2021-12-31 | CN¥3.23 | CN¥8.28 | x |
| 2022-12-31 | CN¥4.36 | CN¥8.28 | x |
| 2023-12-31 | CN¥4.52 | CN¥8.28 | x |
| 2024-12-31 | CN¥4.48 | CN¥8.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Laimu Electronics 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): 3.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.01%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.89x
- Recent ROE (3.79%) is below the historical average (8.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 18.25% | 20.50% | 0.48x | 1.84x | CN¥18.69 Million |
| 2012 | 15.20% | 19.12% | 0.47x | 1.71x | CN¥16.19 Million |
| 2013 | 13.56% | 15.78% | 0.50x | 1.73x | CN¥12.81 Million |
| 2014 | 12.12% | 15.10% | 0.45x | 1.78x | CN¥8.67 Million |
| 2015 | 8.71% | 12.40% | 0.40x | 1.77x | CN¥-5.80 Million |
| 2016 | 7.41% | 14.56% | 0.33x | 1.56x | CN¥-17.33 Million |
| 2017 | 7.02% | 13.19% | 0.34x | 1.56x | CN¥-20.94 Million |
| 2018 | 5.93% | 9.98% | 0.35x | 1.72x | CN¥-29.77 Million |
| 2019 | 5.56% | 9.10% | 0.34x | 1.81x | CN¥-33.75 Million |
| 2020 | 3.97% | 8.10% | 0.29x | 1.66x | CN¥-65.18 Million |
| 2021 | 4.32% | 6.96% | 0.36x | 1.71x | CN¥-62.84 Million |
| 2022 | 3.68% | 7.34% | 0.32x | 1.55x | CN¥-117.59 Million |
| 2023 | 3.76% | 6.61% | 0.32x | 1.76x | CN¥-119.45 Million |
| 2024 | 3.79% | 5.01% | 0.40x | 1.89x | CN¥-120.31 Million |
Industry Comparison
This section compares Shanghai Laimu Electronics 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 |
|---|---|---|---|---|
| Shanghai Laimu Electronics Co Ltd (603633) | CN¥1.94 Billion | 18.25% | 1.07x | $517.13 Million |
| 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 Shanghai Laimu Electronics Co Ltd
Shanghai Laimu Electronics Co.,Ltd. engages in the research and development, production, and sale of precision electronic components in China and internationally. Its products include automotive electronics, such as injection molding machines, stamped parts, connectors, injection molded inserts, harnesses, and automotive accessories and modules; mobile phone electronics, including T-cards, batter… Read more