Suzhou Keda Technology Co Ltd
Suzhou Keda Technology Co.,Ltd engages in the video application integrated service business in China. The company offers Intelligent Camera, Falcon human recognition system, and face recognition terminal; commercial, professional, and TU series NVR, as well as border collie iNVR; cameras, such as box, IR bullet, semi dome, fisheye and pinhole, speed dome, explosion proof, PTZ, and TU series; and … Read more
Suzhou Keda Technology Co Ltd (603660) - Net Assets
Latest net assets as of September 2025: CN¥848.87 Million CNY
Based on the latest financial reports, Suzhou Keda Technology Co Ltd (603660) has net assets worth CN¥848.87 Million 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¥2.12 Billion) and total liabilities (CN¥1.27 Billion). 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¥848.87 Million |
| % of Total Assets | 39.97% |
| Annual Growth Rate | 10.96% |
| 5-Year Change | -44.5% |
| 10-Year Change | 73.2% |
| Growth Volatility | 26.45 |
Suzhou Keda Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Suzhou Keda Technology 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 Suzhou Keda Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Suzhou Keda Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | -0.25% |
| 2023-12-31 | CN¥1.08 Billion | -17.94% |
| 2022-12-31 | CN¥1.32 Billion | -32.09% |
| 2021-12-31 | CN¥1.94 Billion | -0.15% |
| 2020-12-31 | CN¥1.95 Billion | +5.35% |
| 2019-12-31 | CN¥1.85 Billion | +5.13% |
| 2018-12-31 | CN¥1.76 Billion | +26.53% |
| 2017-12-31 | CN¥1.39 Billion | +22.21% |
| 2016-12-31 | CN¥1.14 Billion | +82.21% |
| 2015-12-31 | CN¥623.38 Million | +22.65% |
| 2014-12-31 | CN¥508.24 Million | +10.52% |
| 2013-12-31 | CN¥459.88 Million | +25.47% |
| 2012-12-31 | CN¥366.54 Million | +31.19% |
| 2011-12-31 | CN¥279.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Keda 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 286.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥165.20 Million | 15.35% |
| Common Stock | CN¥541.01 Million | 50.27% |
| Other Components | CN¥370.06 Million | 34.38% |
| Total Equity | CN¥1.08 Billion | 100.00% |
Suzhou Keda Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Keda Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Lianyungang Port Co Ltd
SHG:601008
|
$512.48 Million |
|
Gansu Golden Glass Technologies Co Ltd
SHE:300093
|
$512.56 Million |
|
Xiamen Bank Co Ltd
SHG:601187
|
$512.60 Million |
|
Alpha and Omega Semiconductor Ltd
NASDAQ:AOSL
|
$512.72 Million |
|
Science Environmental Protection Co. Ltd. A
SHG:688480
|
$512.27 Million |
|
HK Inno.N Corp.
KQ:195940
|
$512.24 Million |
|
Zhejiang Transfar Co Ltd
SHE:002010
|
$512.22 Million |
|
Malaysia Building Society Bhd
KLSE:1171
|
$512.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Keda Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,077,471,772 to 1,076,265,628, a change of -1,206,144 (-0.1%).
- Net loss of 203,451,430 reduced equity.
- Dividend payments of 17,960,080 reduced retained earnings.
- Share repurchases of 66,677,289 reduced equity.
- Other factors increased equity by 286,882,655.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-203.45 Million | -18.9% |
| Dividends Paid | CN¥17.96 Million | -1.67% |
| Share Repurchases | CN¥66.68 Million | -6.2% |
| Other Changes | CN¥286.88 Million | +26.66% |
| Total Change | CN¥- | -0.11% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Keda 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: 4.48x
- 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 13.39x to 4.48x 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¥0.71 | CN¥9.50 | x |
| 2012-12-31 | CN¥0.93 | CN¥9.50 | x |
| 2013-12-31 | CN¥1.17 | CN¥9.50 | x |
| 2014-12-31 | CN¥1.28 | CN¥9.50 | x |
| 2015-12-31 | CN¥1.59 | CN¥9.50 | x |
| 2016-12-31 | CN¥2.84 | CN¥9.50 | x |
| 2017-12-31 | CN¥2.83 | CN¥9.50 | x |
| 2018-12-31 | CN¥3.44 | CN¥9.50 | x |
| 2019-12-31 | CN¥3.62 | CN¥9.50 | x |
| 2020-12-31 | CN¥4.40 | CN¥9.50 | x |
| 2021-12-31 | CN¥3.89 | CN¥9.50 | x |
| 2022-12-31 | CN¥2.66 | CN¥9.50 | x |
| 2023-12-31 | CN¥2.18 | CN¥9.50 | x |
| 2024-12-31 | CN¥2.12 | CN¥9.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Keda 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): -18.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.29%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.11x
- Recent ROE (-18.90%) is below the historical average (5.25%), 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 | 22.97% | 11.95% | 1.33x | 1.45x | CN¥36.23 Million |
| 2012 | 22.48% | 11.17% | 1.22x | 1.65x | CN¥45.73 Million |
| 2013 | 20.40% | 10.54% | 1.25x | 1.55x | CN¥47.83 Million |
| 2014 | 10.61% | 5.45% | 1.06x | 1.83x | CN¥3.08 Million |
| 2015 | 19.29% | 9.84% | 1.23x | 1.59x | CN¥57.94 Million |
| 2016 | 15.38% | 12.06% | 0.96x | 1.33x | CN¥61.13 Million |
| 2017 | 19.51% | 14.83% | 0.94x | 1.40x | CN¥131.96 Million |
| 2018 | 18.58% | 13.12% | 0.95x | 1.49x | CN¥148.70 Million |
| 2019 | 4.99% | 3.58% | 0.88x | 1.58x | CN¥-91.45 Million |
| 2020 | 4.42% | 3.61% | 0.67x | 1.83x | CN¥-107.43 Million |
| 2021 | 3.29% | 2.42% | 0.70x | 1.93x | CN¥-128.89 Million |
| 2022 | -44.97% | -37.49% | 0.47x | 2.53x | CN¥-722.53 Million |
| 2023 | -24.54% | -14.56% | 0.61x | 2.76x | CN¥-372.20 Million |
| 2024 | -18.90% | -15.29% | 0.59x | 2.11x | CN¥-311.08 Million |
Industry Comparison
This section compares Suzhou Keda Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Keda Technology Co Ltd (603660) | CN¥848.87 Million | 22.97% | 1.50x | $512.28 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |