Hubei TKD Crystal Electn (603738) - Net Assets
Based on the latest financial reports, Hubei TKD Crystal Electn (603738) has net assets worth CN¥1.77 Billion CNY (≈ $258.71 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¥2.13 Billion ≈ $312.21 Million USD) and total liabilities (CN¥365.58 Million ≈ $53.50 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 Hubei TKD Crystal Electn liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore 603738 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Hubei TKD Crystal Electn market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.77 Billion ≈ $258.81 Million |
-0.08% |
| 2023-12-31 | CN¥1.77 Billion ≈ $259.01 Million |
-2.70% |
| 2022-12-31 | CN¥1.82 Billion ≈ $266.20 Million |
+9.05% |
| 2021-12-31 | CN¥1.67 Billion ≈ $244.12 Million |
+85.92% |
| 2020-12-31 | CN¥897.31 Million ≈ $131.30 Million |
+7.99% |
| 2019-12-31 | CN¥830.89 Million ≈ $121.58 Million |
+13.65% |
| 2018-12-31 | CN¥731.07 Million ≈ $106.98 Million |
+4.45% |
| 2017-12-31 | CN¥699.95 Million ≈ $102.42 Million |
+16.09% |
| 2016-12-31 | CN¥602.92 Million ≈ $88.23 Million |
+90.99% |
| 2015-12-31 | CN¥315.68 Million ≈ $46.19 Million |
+18.78% |
| 2014-12-31 | CN¥265.78 Million ≈ $38.89 Million |
+32.68% |
| 2013-12-31 | CN¥200.31 Million ≈ $29.31 Million |
+27.13% |
| 2012-12-31 | CN¥157.56 Million ≈ $23.06 Million |
+26.71% |
| 2011-12-31 | CN¥124.35 Million ≈ $18.20 Million |
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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 |
|---|---|
|
Zhejiang Zhongjian Technology Co Ltd
SHE:002779
|
$2.16 Billion |
|
Leedarson IoT Technology Inc
SHG:605365
|
$2.16 Billion |
|
Primarius Technologies Co. Ltd. A
SHG:688206
|
$2.17 Billion |
|
Aehr Test Systems
NASDAQ:AEHR
|
$2.17 Billion |
|
Union Semiconductor (Hefei) Co. Ltd. A
SHG:688403
|
$2.16 Billion |
|
Anhui Anke BioTech Group
SHE:300009
|
$2.16 Billion |
|
Affle (India) Limited
NSE:AFFLE
|
$2.16 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
$2.16 Billion |
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: 8.31x
- 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 72.48x to 8.31x 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¥38.32 | x |
| 2012-12-31 | CN¥0.68 | CN¥38.32 | x |
| 2013-12-31 | CN¥0.84 | CN¥38.32 | x |
| 2014-12-31 | CN¥1.00 | CN¥38.32 | x |
| 2015-12-31 | CN¥1.14 | CN¥38.32 | x |
| 2016-12-31 | CN¥2.16 | CN¥38.32 | x |
| 2017-12-31 | CN¥2.03 | CN¥38.32 | x |
| 2018-12-31 | CN¥2.06 | CN¥38.32 | x |
| 2019-12-31 | CN¥2.67 | CN¥38.32 | x |
| 2020-12-31 | CN¥2.47 | CN¥38.32 | x |
| 2021-12-31 | CN¥6.46 | CN¥38.32 | x |
| 2022-12-31 | CN¥6.50 | CN¥38.32 | x |
| 2023-12-31 | CN¥4.50 | CN¥38.32 | x |
| 2024-12-31 | CN¥4.61 | CN¥38.32 | 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: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei TKD Crystal Electn (603738) | CN¥1.77 Billion | 33.66% | 0.21x | $2.16 Billion |
| 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 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