Hubei TKD Crystal Electn
TKD Science and Technology Co.,Ltd. researches, develops, produces, and sells quartz frequency control components and production equipment in primarily China. The company offers quartz crystal resonators; oscillators; thermistors; products containing DIP; SMD encapsulation of high and low frequency crystal resonators; upstream chips; and WAFER, pedestal, shell, etc. Its products are used in infor… Read more
Hubei TKD Crystal Electn (603738) - Net Assets
Latest net assets as of September 2025: CN¥1.77 Billion CNY
Based on the latest financial reports, Hubei TKD Crystal Electn (603738) has net assets worth CN¥1.77 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¥2.13 Billion) and total liabilities (CN¥365.58 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¥1.77 Billion |
| % of Total Assets | 82.86% |
| Annual Growth Rate | 22.65% |
| 5-Year Change | 97.11% |
| 10-Year Change | 460.28% |
| Growth Volatility | 28.74 |
Hubei TKD Crystal Electn - Net Assets Trend (2011–2024)
This chart illustrates how Hubei TKD Crystal Electn's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hubei TKD Crystal Electn (2011–2024)
The table below shows the annual net assets of Hubei TKD Crystal Electn from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.77 Billion | -0.08% |
| 2023-12-31 | CN¥1.77 Billion | -2.70% |
| 2022-12-31 | CN¥1.82 Billion | +9.05% |
| 2021-12-31 | CN¥1.67 Billion | +85.92% |
| 2020-12-31 | CN¥897.31 Million | +7.99% |
| 2019-12-31 | CN¥830.89 Million | +13.65% |
| 2018-12-31 | CN¥731.07 Million | +4.45% |
| 2017-12-31 | CN¥699.95 Million | +16.09% |
| 2016-12-31 | CN¥602.92 Million | +90.99% |
| 2015-12-31 | CN¥315.68 Million | +18.78% |
| 2014-12-31 | CN¥265.78 Million | +32.68% |
| 2013-12-31 | CN¥200.31 Million | +27.13% |
| 2012-12-31 | CN¥157.56 Million | +26.71% |
| 2011-12-31 | CN¥124.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hubei TKD Crystal Electn'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 2295.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥579.34 Million | 32.99% |
| Common Stock | CN¥389.32 Million | 22.17% |
| Other Components | CN¥787.47 Million | 44.84% |
| Total Equity | CN¥1.76 Billion | 100.00% |
Hubei TKD Crystal Electn Competitors by Market Cap
The table below lists competitors of Hubei TKD Crystal Electn ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cury Construtora e Incorporadora S.A
SA:CURY3
|
$900.19 Million |
|
Porton Fine Chemicals Ltd
SHE:300363
|
$900.30 Million |
|
Zhejiang Fenglong Electric Co Ltd Class A
SHE:002931
|
$900.63 Million |
|
Pharvaris BV
NASDAQ:PHVS
|
$901.02 Million |
|
Changzheng Engineering Co Ltd
SHG:603698
|
$899.67 Million |
|
Guizhou Panjiang Refined Coal Co Ltd
SHG:600395
|
$899.58 Million |
|
Machvision Inc
TW:3563
|
$899.49 Million |
|
Ratch Group Public Company Limited
BK:RATCH
|
$899.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei TKD Crystal Electn's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,754,221,914 to 1,756,126,254, a change of 1,904,340 (0.1%).
- Net income of 87,580,933 contributed positively to equity growth.
- Dividend payments of 30,725,003 reduced retained earnings.
- Share repurchases of 21,226,759 reduced equity.
- Other comprehensive income increased equity by 26,874,077.
- Other factors decreased equity by 60,598,908.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥87.58 Million | +4.99% |
| Dividends Paid | CN¥30.73 Million | -1.75% |
| Share Repurchases | CN¥21.23 Million | -1.21% |
| Other Comprehensive Income | CN¥26.87 Million | +1.53% |
| Other Changes | CN¥-60.60 Million | -3.45% |
| Total Change | CN¥- | 0.11% |
Book Value vs Market Value Analysis
This analysis compares Hubei TKD Crystal Electn'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: 4.99x
- 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 43.52x to 4.99x 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¥0.53 | CN¥23.01 | x |
| 2012-12-31 | CN¥0.68 | CN¥23.01 | x |
| 2013-12-31 | CN¥0.84 | CN¥23.01 | x |
| 2014-12-31 | CN¥1.00 | CN¥23.01 | x |
| 2015-12-31 | CN¥1.14 | CN¥23.01 | x |
| 2016-12-31 | CN¥2.16 | CN¥23.01 | x |
| 2017-12-31 | CN¥2.03 | CN¥23.01 | x |
| 2018-12-31 | CN¥2.06 | CN¥23.01 | x |
| 2019-12-31 | CN¥2.67 | CN¥23.01 | x |
| 2020-12-31 | CN¥2.47 | CN¥23.01 | x |
| 2021-12-31 | CN¥6.46 | CN¥23.01 | x |
| 2022-12-31 | CN¥6.50 | CN¥23.01 | x |
| 2023-12-31 | CN¥4.50 | CN¥23.01 | x |
| 2024-12-31 | CN¥4.61 | CN¥23.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei TKD Crystal Electn 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): 4.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.67%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.22x
- Recent ROE (4.99%) is below the historical average (13.54%), 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 | 33.66% | 21.23% | 0.94x | 1.69x | CN¥29.33 Million |
| 2012 | 24.75% | 19.37% | 0.84x | 1.52x | CN¥23.13 Million |
| 2013 | 22.59% | 21.32% | 0.61x | 1.74x | CN¥24.52 Million |
| 2014 | 20.61% | 19.44% | 0.61x | 1.75x | CN¥24.69 Million |
| 2015 | 18.80% | 15.67% | 0.66x | 1.80x | CN¥23.49 Million |
| 2016 | 10.82% | 15.95% | 0.53x | 1.29x | CN¥4.48 Million |
| 2017 | 10.31% | 11.95% | 0.43x | 2.02x | CN¥1.92 Million |
| 2018 | 5.71% | 5.95% | 0.51x | 1.88x | CN¥-27.32 Million |
| 2019 | 1.53% | 1.96% | 0.49x | 1.59x | CN¥-63.06 Million |
| 2020 | 4.75% | 6.12% | 0.46x | 1.69x | CN¥-42.75 Million |
| 2021 | 14.81% | 19.72% | 0.59x | 1.28x | CN¥79.43 Million |
| 2022 | 10.46% | 20.57% | 0.44x | 1.14x | CN¥8.22 Million |
| 2023 | 5.77% | 12.78% | 0.39x | 1.16x | CN¥-74.12 Million |
| 2024 | 4.99% | 10.67% | 0.38x | 1.22x | CN¥-88.03 Million |
Industry Comparison
This section compares Hubei TKD Crystal Electn'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 |
|---|---|---|---|---|
| Hubei TKD Crystal Electn (603738) | CN¥1.77 Billion | 33.66% | 0.21x | $900.08 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 |