Suzhou Chunqiu Electronic Technology Co Ltd Class A (603890) - Net Assets
Based on the latest financial reports, Suzhou Chunqiu Electronic Technology Co Ltd Class A (603890) has net assets worth CN¥3.11 Billion CNY (≈ $454.84 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¥6.18 Billion ≈ $904.67 Million USD) and total liabilities (CN¥3.07 Billion ≈ $449.83 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 resilient are Suzhou Chunqiu Electronic Technology Co 's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.11 Billion |
| % of Total Assets | 50.28% |
| Annual Growth Rate | 33.17% |
| 5-Year Change | 61.57% |
| 10-Year Change | 1845.76% |
| Growth Volatility | 75.34 |
Suzhou Chunqiu Electronic Technology Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Suzhou Chunqiu Electronic Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 603890 total assets for the complete picture of this company's asset base.
Annual Net Assets for Suzhou Chunqiu Electronic Technology Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Suzhou Chunqiu Electronic Technology Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see how much is Suzhou Chunqiu Electronic Technology Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.90 Billion ≈ $423.91 Million |
+1.79% |
| 2023-12-31 | CN¥2.85 Billion ≈ $416.45 Million |
+2.13% |
| 2022-12-31 | CN¥2.79 Billion ≈ $407.76 Million |
+3.16% |
| 2021-12-31 | CN¥2.70 Billion ≈ $395.25 Million |
+50.64% |
| 2020-12-31 | CN¥1.79 Billion ≈ $262.38 Million |
+17.49% |
| 2019-12-31 | CN¥1.53 Billion ≈ $223.32 Million |
+8.19% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.42 Million |
+6.11% |
| 2017-12-31 | CN¥1.33 Billion ≈ $194.54 Million |
+210.04% |
| 2016-12-31 | CN¥428.79 Million ≈ $62.74 Million |
+188.00% |
| 2015-12-31 | CN¥148.88 Million ≈ $21.79 Million |
-27.66% |
| 2014-12-31 | CN¥205.82 Million ≈ $30.12 Million |
+66.03% |
| 2013-12-31 | CN¥123.96 Million ≈ $18.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Chunqiu Electronic Technology Co Ltd Class A'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 3260.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.18 Billion | 40.77% |
| Common Stock | CN¥439.05 Million | 15.14% |
| Other Comprehensive Income | CN¥184.73 Million | 6.37% |
| Other Components | CN¥1.09 Billion | 37.72% |
| Total Equity | CN¥2.90 Billion | 100.00% |
Suzhou Chunqiu Electronic Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Suzhou Chunqiu Electronic Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hornbach Holding VZO O.N.
XETRA:HBH
|
$1.32 Billion |
|
Beijing Creative Distribution Automation Co Ltd
SHE:002350
|
$1.33 Billion |
|
Kinpo Electronics Inc
TW:2312
|
$1.33 Billion |
|
Zhejiang Taitan Co Ltd
SHE:003036
|
$1.33 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
$1.32 Billion |
|
Sinomach Automobile Co Ltd
SHG:600335
|
$1.32 Billion |
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
|
$1.32 Billion |
|
Shanghai Diesel Engine Co Ltd A
SHG:600841
|
$1.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Chunqiu Electronic Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,691,500,960 to 2,899,449,392, a change of 207,948,432 (7.7%).
- Net income of 211,313,346 contributed positively to equity growth.
- Dividend payments of 27,816,273 reduced retained earnings.
- Other comprehensive income increased equity by 6,859,445.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥211.31 Million | +7.29% |
| Dividends Paid | CN¥27.82 Million | -0.96% |
| Other Comprehensive Income | CN¥6.86 Million | +0.24% |
| Other Changes | CN¥17.59 Million | +0.61% |
| Total Change | CN¥- | 7.73% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Chunqiu Electronic Technology Co Ltd Class A'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: 3.06x
- 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 46.44x to 3.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.44 | CN¥20.24 | x |
| 2014-12-31 | CN¥0.72 | CN¥20.24 | x |
| 2015-12-31 | CN¥0.60 | CN¥20.24 | x |
| 2016-12-31 | CN¥1.64 | CN¥20.24 | x |
| 2017-12-31 | CN¥4.71 | CN¥20.24 | x |
| 2018-12-31 | CN¥3.71 | CN¥20.24 | x |
| 2019-12-31 | CN¥4.01 | CN¥20.24 | x |
| 2020-12-31 | CN¥4.64 | CN¥20.24 | x |
| 2021-12-31 | CN¥6.37 | CN¥20.24 | x |
| 2022-12-31 | CN¥6.15 | CN¥20.24 | x |
| 2023-12-31 | CN¥6.04 | CN¥20.24 | x |
| 2024-12-31 | CN¥6.60 | CN¥20.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Chunqiu Electronic Technology Co Ltd Class A 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): 7.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.36%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.02x
- Recent ROE (7.29%) is below the historical average (18.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 28.92% | 3.66% | 1.20x | 6.59x | CN¥23.07 Million |
| 2014 | 28.25% | 4.71% | 1.16x | 5.19x | CN¥36.62 Million |
| 2015 | 58.50% | 6.83% | 1.30x | 6.58x | CN¥72.21 Million |
| 2016 | 34.22% | 10.01% | 1.27x | 2.69x | CN¥103.85 Million |
| 2017 | 12.03% | 9.20% | 0.79x | 1.66x | CN¥27.04 Million |
| 2018 | 7.70% | 6.12% | 0.70x | 1.80x | CN¥-32.45 Million |
| 2019 | 10.21% | 7.72% | 0.70x | 1.90x | CN¥3.24 Million |
| 2020 | 13.80% | 6.88% | 0.84x | 2.40x | CN¥67.92 Million |
| 2021 | 11.77% | 7.67% | 0.78x | 1.97x | CN¥46.00 Million |
| 2022 | 5.94% | 4.09% | 0.74x | 1.96x | CN¥-107.58 Million |
| 2023 | 0.99% | 0.82% | 0.57x | 2.14x | CN¥-242.40 Million |
| 2024 | 7.29% | 5.36% | 0.67x | 2.02x | CN¥-78.63 Million |
Industry Comparison
This section compares Suzhou Chunqiu Electronic Technology Co Ltd Class A's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,198,385,103
- Average return on equity (ROE) among peers: 1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Chunqiu Electronic Technology Co Ltd Class A (603890) | CN¥3.11 Billion | 28.92% | 0.99x | $1.32 Billion |
| China International Marine Containers Group Ltd (000039) | $516.18 Million | 18.11% | 1.41x | $4.32 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $255.45 Million | 1.25% | 0.47x | $387.15 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.19 Billion | 4.29% | 0.71x | $433.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $3.64 Billion | 8.56% | 0.60x | $1.25 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $2.93 Billion | 6.91% | 0.38x | $1.69 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.45 Billion | 7.95% | 0.71x | $2.01 Billion |
| Dajin Heavy Industry Corp (002487) | $1.41 Billion | 6.93% | 0.08x | $7.74 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $633.35 Million | -61.44% | 1.31x | $307.66 Million |
| Guangzheng Group Co Ltd (002524) | $341.38 Million | 10.82% | 4.36x | $338.59 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $9.61 Billion | 8.03% | 1.63x | $2.04 Billion |
About Suzhou Chunqiu Electronic Technology Co Ltd Class A
Suzhou Chunqiu Electronic Technology Co., Ltd. engages in the research and development, design, production, and sale of structural parts modules and related precision molds for electronic products in China and internationally. It offers notebook mechanical parts; automotive components; and electronic module. The company was founded in 2011 and is based in Kunshan, China.