Warom Technology Inc Co
Warom Technology Incorporated Company researches and develops, manufactures, and supplies explosion-proof electric apparatus and professional lighting equipment in China and internationally. The company offers lighting technology products, such as fluorescent lamps, LED light fittings, pendant light fittings, floodlights, street and hand lamps, and spotlight fittings; and installation equipment, … Read more
Warom Technology Inc Co (603855) - Net Assets
Latest net assets as of September 2025: CN¥2.15 Billion CNY
Based on the latest financial reports, Warom Technology Inc Co (603855) has net assets worth CN¥2.15 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¥4.87 Billion) and total liabilities (CN¥2.72 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¥2.15 Billion |
| % of Total Assets | 44.17% |
| Annual Growth Rate | 11.4% |
| 5-Year Change | 31.25% |
| 10-Year Change | 187.56% |
| Growth Volatility | 20.02 |
Warom Technology Inc Co - Net Assets Trend (2012–2024)
This chart illustrates how Warom Technology Inc Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Warom Technology Inc Co (2012–2024)
The table below shows the annual net assets of Warom Technology Inc Co from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion | +9.38% |
| 2023-12-31 | CN¥1.98 Billion | +8.04% |
| 2022-12-31 | CN¥1.83 Billion | +2.31% |
| 2021-12-31 | CN¥1.79 Billion | +8.55% |
| 2020-12-31 | CN¥1.65 Billion | +7.70% |
| 2019-12-31 | CN¥1.53 Billion | +4.31% |
| 2018-12-31 | CN¥1.47 Billion | +3.43% |
| 2017-12-31 | CN¥1.42 Billion | +78.05% |
| 2016-12-31 | CN¥798.15 Million | +5.90% |
| 2015-12-31 | CN¥753.67 Million | +9.67% |
| 2014-12-31 | CN¥687.19 Million | +14.86% |
| 2013-12-31 | CN¥598.31 Million | +0.84% |
| 2012-12-31 | CN¥593.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Warom Technology Inc Co'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 423.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥907.99 Million | 42.84% |
| Common Stock | CN¥337.53 Million | 15.93% |
| Other Components | CN¥873.96 Million | 41.23% |
| Total Equity | CN¥2.12 Billion | 100.00% |
Warom Technology Inc Co Competitors by Market Cap
The table below lists competitors of Warom Technology Inc Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Strive Asset Management
NASDAQ:ASST
|
$432.55 Million |
|
Sosei Group Corporation
PINK:SOLTF
|
$432.55 Million |
|
Tangshan Sunfar Silicon Ind
SHG:603938
|
$432.65 Million |
|
BW Offshore Limited
PINK:BWOFY
|
$432.70 Million |
|
DukSan Neolux Co.Ltd
KQ:213420
|
$432.37 Million |
|
Zhengzhou Coal Industry & Electric Power Co Ltd
SHG:600121
|
$432.36 Million |
|
Bichamp Cutting Technology Hunan Co Ltd
SHE:002843
|
$432.29 Million |
|
SCOR PK
PINK:SCRYY
|
$432.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Warom Technology Inc Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,939,644,437 to 2,119,474,854, a change of 179,830,417 (9.3%).
- Net income of 462,276,218 contributed positively to equity growth.
- Dividend payments of 340,760,285 reduced retained earnings.
- Other factors increased equity by 58,314,484.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥462.28 Million | +21.81% |
| Dividends Paid | CN¥340.76 Million | -16.08% |
| Other Changes | CN¥58.31 Million | +2.75% |
| Total Change | CN¥- | 9.27% |
Book Value vs Market Value Analysis
This analysis compares Warom Technology Inc Co'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: 3.25x
- 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 7.91x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.56 | CN¥20.25 | x |
| 2013-12-31 | CN¥2.45 | CN¥20.25 | x |
| 2014-12-31 | CN¥2.79 | CN¥20.25 | x |
| 2015-12-31 | CN¥3.01 | CN¥20.25 | x |
| 2016-12-31 | CN¥3.24 | CN¥20.25 | x |
| 2017-12-31 | CN¥4.85 | CN¥20.25 | x |
| 2018-12-31 | CN¥4.36 | CN¥20.25 | x |
| 2019-12-31 | CN¥4.54 | CN¥20.25 | x |
| 2020-12-31 | CN¥4.90 | CN¥20.25 | x |
| 2021-12-31 | CN¥5.21 | CN¥20.25 | x |
| 2022-12-31 | CN¥5.27 | CN¥20.25 | x |
| 2023-12-31 | CN¥5.72 | CN¥20.25 | x |
| 2024-12-31 | CN¥6.24 | CN¥20.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Warom Technology Inc Co 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): 21.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.66%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.48x
- Recent ROE (21.81%) is above the historical average (18.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 28.91% | 11.74% | 1.00x | 2.46x | CN¥112.18 Million |
| 2013 | 23.72% | 11.17% | 0.79x | 2.67x | CN¥82.06 Million |
| 2014 | 22.23% | 11.15% | 0.79x | 2.51x | CN¥84.01 Million |
| 2015 | 17.29% | 9.90% | 0.72x | 2.43x | CN¥54.96 Million |
| 2016 | 14.18% | 9.43% | 0.64x | 2.34x | CN¥33.40 Million |
| 2017 | 8.87% | 8.52% | 0.62x | 1.69x | CN¥-16.01 Million |
| 2018 | 10.56% | 9.34% | 0.64x | 1.76x | CN¥8.07 Million |
| 2019 | 12.65% | 9.79% | 0.68x | 1.90x | CN¥39.86 Million |
| 2020 | 16.08% | 11.42% | 0.67x | 2.09x | CN¥98.60 Million |
| 2021 | 21.69% | 12.59% | 0.73x | 2.35x | CN¥205.43 Million |
| 2022 | 19.94% | 11.77% | 0.72x | 2.37x | CN¥178.53 Million |
| 2023 | 23.77% | 14.42% | 0.70x | 2.37x | CN¥267.12 Million |
| 2024 | 21.81% | 11.66% | 0.76x | 2.48x | CN¥250.33 Million |
Industry Comparison
This section compares Warom Technology Inc Co's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Warom Technology Inc Co (603855) | CN¥2.15 Billion | 28.91% | 1.26x | $432.52 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |