Raisecom Technology Co Ltd (603803) - Net Assets
Based on the latest financial reports, Raisecom Technology Co Ltd (603803) has net assets worth CN¥1.54 Billion CNY (≈ $224.85 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.24 Billion ≈ $327.32 Million USD) and total liabilities (CN¥700.26 Million ≈ $102.47 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 how tangible is Raisecom Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.54 Billion |
| % of Total Assets | 68.69% |
| Annual Growth Rate | 3.28% |
| 5-Year Change | -16.87% |
| 10-Year Change | -1.89% |
| Growth Volatility | 19.39 |
Raisecom Technology Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Raisecom Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Raisecom Technology Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Raisecom Technology Co Ltd (2012–2025)
The table below shows the annual net assets of Raisecom Technology Co Ltd from 2012 to 2025. For live valuation and market cap data, see 603803 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.53 Billion ≈ $224.25 Million |
-5.24% |
| 2024-12-31 | CN¥1.62 Billion ≈ $236.64 Million |
-7.38% |
| 2023-12-31 | CN¥1.75 Billion ≈ $255.51 Million |
-10.53% |
| 2022-12-31 | CN¥1.95 Billion ≈ $285.58 Million |
+5.86% |
| 2021-12-31 | CN¥1.84 Billion ≈ $269.77 Million |
-31.31% |
| 2020-12-31 | CN¥2.68 Billion ≈ $392.72 Million |
+2.33% |
| 2019-12-31 | CN¥2.62 Billion ≈ $383.79 Million |
+5.79% |
| 2018-12-31 | CN¥2.48 Billion ≈ $362.78 Million |
+0.20% |
| 2017-12-31 | CN¥2.47 Billion ≈ $362.04 Million |
+58.40% |
| 2016-12-31 | CN¥1.56 Billion ≈ $228.56 Million |
+11.88% |
| 2015-12-31 | CN¥1.40 Billion ≈ $204.29 Million |
+14.00% |
| 2014-12-31 | CN¥1.22 Billion ≈ $179.20 Million |
+8.56% |
| 2013-12-31 | CN¥1.13 Billion ≈ $165.07 Million |
+11.93% |
| 2012-12-31 | CN¥1.01 Billion ≈ $147.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Raisecom 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 decreased by 67.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥181.00 Million | 11.81% |
| Other Components | CN¥1.35 Billion | 88.19% |
| Total Equity | CN¥1.53 Billion | 100.00% |
Raisecom Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Raisecom Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elders Ltd
AU:ELD
|
$758.79 Million |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
$758.92 Million |
|
Zhejiang Henglin Chair Industry Co Ltd Class A
SHG:603661
|
$759.05 Million |
|
Energy Vault Holdings Inc
NYSE:NRGV
|
$759.33 Million |
|
Beijing Navigation Control Technology Co. Ltd.
SHG:688282
|
$758.47 Million |
|
Kuros Biosciences AG
SW:KURN
|
$758.37 Million |
|
Tongyang Life
KO:082640
|
$758.31 Million |
|
Fuxin Dare Automotive Parts Co Ltd
SHE:300473
|
$758.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raisecom Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,617,152,412 to 1,532,470,274, a change of -84,682,138 (-5.2%).
- Net loss of 44,615,371 reduced equity.
- Dividend payments of 5,983,010 reduced retained earnings.
- Other comprehensive income increased equity by 2,194,198.
- Other factors decreased equity by 36,277,955.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-44.62 Million | -2.91% |
| Dividends Paid | CN¥5.98 Million | -0.39% |
| Other Comprehensive Income | CN¥2.19 Million | +0.14% |
| Other Changes | CN¥-36.28 Million | -2.37% |
| Total Change | CN¥- | -5.24% |
Book Value vs Market Value Analysis
This analysis compares Raisecom 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: 3.38x
- 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 2.61x to 3.38x 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¥4.67 | CN¥12.20 | x |
| 2013-12-31 | CN¥5.29 | CN¥12.20 | x |
| 2014-12-31 | CN¥3.41 | CN¥12.20 | x |
| 2015-12-31 | CN¥3.84 | CN¥12.20 | x |
| 2016-12-31 | CN¥4.32 | CN¥12.20 | x |
| 2017-12-31 | CN¥6.21 | CN¥12.20 | x |
| 2018-12-31 | CN¥5.94 | CN¥12.20 | x |
| 2019-12-31 | CN¥6.21 | CN¥12.20 | x |
| 2020-12-31 | CN¥6.42 | CN¥12.20 | x |
| 2021-12-31 | CN¥4.37 | CN¥12.20 | x |
| 2022-12-31 | CN¥4.63 | CN¥12.20 | x |
| 2023-12-31 | CN¥4.06 | CN¥12.20 | x |
| 2024-12-31 | CN¥3.70 | CN¥12.20 | x |
| 2025-12-31 | CN¥3.61 | CN¥12.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raisecom 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): -2.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.62%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.50x
- Recent ROE (-2.91%) is below the historical average (2.59%), 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 | 11.99% | 9.63% | 0.74x | 1.67x | CN¥19.69 Million |
| 2013 | 12.48% | 10.83% | 0.68x | 1.70x | CN¥27.61 Million |
| 2014 | 15.26% | 12.65% | 0.69x | 1.74x | CN¥64.41 Million |
| 2015 | 17.17% | 14.08% | 0.70x | 1.74x | CN¥100.16 Million |
| 2016 | 16.22% | 12.68% | 0.72x | 1.77x | CN¥97.16 Million |
| 2017 | 8.06% | 9.42% | 0.59x | 1.44x | CN¥-48.09 Million |
| 2018 | 5.05% | 5.19% | 0.62x | 1.57x | CN¥-122.70 Million |
| 2019 | 6.76% | 6.67% | 0.68x | 1.49x | CN¥-85.03 Million |
| 2020 | 5.14% | 8.01% | 0.47x | 1.37x | CN¥-130.42 Million |
| 2021 | -43.95% | -43.70% | 0.59x | 1.70x | CN¥-994.18 Million |
| 2022 | 4.10% | 3.71% | 0.62x | 1.78x | CN¥-115.09 Million |
| 2023 | -11.59% | -12.44% | 0.55x | 1.70x | CN¥-376.94 Million |
| 2024 | -7.57% | -8.86% | 0.52x | 1.66x | CN¥-284.20 Million |
| 2025 | -2.91% | -3.62% | 0.53x | 1.50x | CN¥-197.86 Million |
Industry Comparison
This section compares Raisecom 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: $5,169,594,398
- Average return on equity (ROE) among peers: 0.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raisecom Technology Co Ltd (603803) | CN¥1.54 Billion | 11.99% | 0.46x | $758.52 Million |
| ZTE Corp (000063) | $37.95 Billion | 14.48% | 2.72x | $22.66 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $270.17 Million | 19.39% | 1.71x | $3.26 Billion |
| Addsino Co Ltd (000547) | $445.76 Million | 24.64% | 0.28x | $4.33 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $407.33 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $81.97 Million | 21.36% | 2.89x | $379.34 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $156.24 Million | 7.93% | 2.57x | $1.64 Billion |
| Skyworth Digital Co Ltd (000810) | $6.01 Billion | 13.69% | 0.80x | $2.06 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.50 Billion | -44.46% | 1.37x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $377.97 Million | -53.76% | 1.52x | $891.86 Million |
| Sunwave Communications Co Ltd (002115) | $2.57 Billion | 0.68% | 0.81x | $1.27 Billion |
About Raisecom Technology Co Ltd
RAISECOM TECHNOLOGY CO.,Ltd. researches, develops, manufactures, supports, and markets network devices and access solutions worldwide. The company offers packet transport network products, optical transport network systems, xPON networks, residential gateway terminals, carrier ethernet switches, industrial switches and gateway products, multi-service access platform, small cell base stations, and… Read more