Olympic Circuit Technology Co Ltd
Olympic Circuit Technology Co., Ltd is involved in the research and development, manufacture, and sales of various printed circuit boards (PCBs) in China and internationally. It offers double side, multi-layer, HDI, flex, rigid-flex, metal base PCBs, which are used in automotive, wind power generation, photovoltaic, energy storage, industrial, consumer, computer/peripheral products, communication… Read more
Olympic Circuit Technology Co Ltd (603920) - Net Assets
Latest net assets as of September 2025: CN¥6.87 Billion CNY
Based on the latest financial reports, Olympic Circuit Technology Co Ltd (603920) has net assets worth CN¥6.87 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¥9.88 Billion) and total liabilities (CN¥3.01 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¥6.87 Billion |
| % of Total Assets | 69.52% |
| Annual Growth Rate | 23.82% |
| 5-Year Change | 147.48% |
| 10-Year Change | 766.69% |
| Growth Volatility | 44.26 |
Olympic Circuit Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Olympic Circuit Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Olympic Circuit Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Olympic Circuit Technology Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.68 Billion | +89.63% |
| 2023-12-31 | CN¥3.52 Billion | +7.84% |
| 2022-12-31 | CN¥3.27 Billion | +6.17% |
| 2021-12-31 | CN¥3.08 Billion | +13.98% |
| 2020-12-31 | CN¥2.70 Billion | +4.35% |
| 2019-12-31 | CN¥2.59 Billion | +8.17% |
| 2018-12-31 | CN¥2.39 Billion | +2.10% |
| 2017-12-31 | CN¥2.34 Billion | +155.58% |
| 2016-12-31 | CN¥916.83 Million | +18.90% |
| 2015-12-31 | CN¥771.11 Million | +5.47% |
| 2014-12-31 | CN¥731.12 Million | +18.87% |
| 2013-12-31 | CN¥615.05 Million | +19.46% |
| 2012-12-31 | CN¥514.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Olympic Circuit 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 grown by 855.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.22 Billion | 18.79% |
| Common Stock | CN¥719.41 Million | 11.12% |
| Other Components | CN¥4.54 Billion | 70.09% |
| Total Equity | CN¥6.47 Billion | 100.00% |
Olympic Circuit Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Olympic Circuit Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rayonier Inc
NYSE:RYN
|
$2.92 Billion |
|
Eutelsat Group
LSE:ETL
|
$2.93 Billion |
|
Pennon Group Plc
PINK:PEGRF
|
$2.93 Billion |
|
Ipsen S.A
PINK:IPSEF
|
$2.93 Billion |
|
Hyosung Heavy Industries Corp
KO:298040
|
$2.92 Billion |
|
Integer Holdings Corp
NYSE:ITGR
|
$2.92 Billion |
|
Walsin Lihwa Corp
TW:1605
|
$2.92 Billion |
|
Axiata Group Bhd
KLSE:6888
|
$2.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Olympic Circuit Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,275,365,479 to 6,471,158,063, a change of 3,195,792,584 (97.6%).
- Net income of 674,744,854 contributed positively to equity growth.
- Dividend payments of 343,603,091 reduced retained earnings.
- Share repurchases of 109,576,620 reduced equity.
- Other factors increased equity by 2,974,227,441.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥674.74 Million | +10.43% |
| Dividends Paid | CN¥343.60 Million | -5.31% |
| Share Repurchases | CN¥109.58 Million | -1.69% |
| Other Changes | CN¥2.97 Billion | +45.96% |
| Total Change | CN¥- | 97.57% |
Book Value vs Market Value Analysis
This analysis compares Olympic Circuit 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: 5.52x
- 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 43.05x to 5.52x 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¥1.28 | CN¥55.03 | x |
| 2013-12-31 | CN¥1.52 | CN¥55.03 | x |
| 2014-12-31 | CN¥1.80 | CN¥55.03 | x |
| 2015-12-31 | CN¥1.89 | CN¥55.03 | x |
| 2016-12-31 | CN¥2.26 | CN¥55.03 | x |
| 2017-12-31 | CN¥4.89 | CN¥55.03 | x |
| 2018-12-31 | CN¥4.56 | CN¥55.03 | x |
| 2019-12-31 | CN¥4.92 | CN¥55.03 | x |
| 2020-12-31 | CN¥5.06 | CN¥55.03 | x |
| 2021-12-31 | CN¥5.23 | CN¥55.03 | x |
| 2022-12-31 | CN¥5.51 | CN¥55.03 | x |
| 2023-12-31 | CN¥6.02 | CN¥55.03 | x |
| 2024-12-31 | CN¥9.97 | CN¥55.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Olympic Circuit 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): 10.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.44%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.39x
- Recent ROE (10.43%) is below the historical average (15.29%), 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 | 20.46% | 9.63% | 1.02x | 2.08x | CN¥53.86 Million |
| 2013 | 20.73% | 10.88% | 1.07x | 1.78x | CN¥65.99 Million |
| 2014 | 19.68% | 11.59% | 1.06x | 1.60x | CN¥70.77 Million |
| 2015 | 20.35% | 11.21% | 1.15x | 1.57x | CN¥79.82 Million |
| 2016 | 28.87% | 16.19% | 1.13x | 1.57x | CN¥173.00 Million |
| 2017 | 7.71% | 9.23% | 0.68x | 1.22x | CN¥-53.64 Million |
| 2018 | 9.44% | 10.42% | 0.68x | 1.33x | CN¥-13.46 Million |
| 2019 | 12.70% | 13.48% | 0.71x | 1.34x | CN¥69.97 Million |
| 2020 | 11.25% | 11.98% | 0.67x | 1.41x | CN¥33.83 Million |
| 2021 | 7.46% | 5.58% | 0.63x | 2.13x | CN¥-71.35 Million |
| 2022 | 14.51% | 9.79% | 0.76x | 1.96x | CN¥135.01 Million |
| 2023 | 15.13% | 10.97% | 0.72x | 1.93x | CN¥167.99 Million |
| 2024 | 10.43% | 13.44% | 0.56x | 1.39x | CN¥27.63 Million |
Industry Comparison
This section compares Olympic Circuit Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,490,120,016
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Olympic Circuit Technology Co Ltd (603920) | CN¥6.87 Billion | 20.46% | 0.44x | $2.92 Billion |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $211.82 Million | 1.39% | 1.89x | $782.09 Million |
| Shenzhen Huakong Seg Co Ltd (000068) | $195.81 Million | -19.00% | 2.02x | $284.42 Million |
| CPT Technology Group Co Ltd (000536) | $3.99 Billion | 6.25% | 1.61x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.20 Billion | 3.33% | 0.49x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $528.33 Million | 0.00% | 0.70x | $319.83 Million |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $2.59 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.37 Billion | 6.78% | 0.23x | $1.44 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $237.19 Million | 23.82% | 1.84x | $194.36 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $1.00 Billion | -0.96% | 0.17x | $154.24 Million |
| Shenzhen CECport Technologies Co. Ltd. A (001287) | $2.41 Billion | 13.96% | 7.42x | $1.01 Billion |