Changzhou Aohong Electronics Co. Ltd.
Changzhou Aohong Electronics Co., Ltd. researches, develops, produces, and sells printed circuit boards (PCBs) in China. The company's products include single-sided, double-sided, multi-layer, and metal-based PCBs; OSP printed boards; immersion gold/ENIG; HASL; carbon PCB; and composite substrate printed circuit board. Its products are used in household appliances, consumer electronics, industria… Read more
Changzhou Aohong Electronics Co. Ltd. (605058) - Net Assets
Latest net assets as of June 2025: CN¥1.72 Billion CNY
Based on the latest financial reports, Changzhou Aohong Electronics Co. Ltd. (605058) has net assets worth CN¥1.72 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.59 Billion) and total liabilities (CN¥871.64 Million). 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¥1.72 Billion |
| % of Total Assets | 66.33% |
| Annual Growth Rate | 23.99% |
| 5-Year Change | 31.97% |
| 10-Year Change | N/A |
| Growth Volatility | 46.01 |
Changzhou Aohong Electronics Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Changzhou Aohong Electronics 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 Changzhou Aohong Electronics Co. Ltd. (2019–2024)
The table below shows the annual net assets of Changzhou Aohong Electronics Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.72 Billion | +6.22% |
| 2023-12-31 | CN¥1.62 Billion | +6.01% |
| 2022-12-31 | CN¥1.53 Billion | +6.73% |
| 2021-12-31 | CN¥1.43 Billion | +9.80% |
| 2020-12-31 | CN¥1.30 Billion | +122.18% |
| 2019-12-31 | CN¥586.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changzhou Aohong Electronics 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 203.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥743.78 Million | 43.24% |
| Other Components | CN¥976.26 Million | 56.76% |
| Total Equity | CN¥1.72 Billion | 100.00% |
Changzhou Aohong Electronics Co. Ltd. Competitors by Market Cap
The table below lists competitors of Changzhou Aohong Electronics Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tong Oil Tools
SHE:300164
|
$511.69 Million |
|
Beijing Trust Far Tech
SHE:300231
|
$511.81 Million |
|
Titan America SA
NYSE:TTAM
|
$511.97 Million |
|
Chutian Dragon Co Ltd
SHE:003040
|
$512.00 Million |
|
Mersen
PINK:CBLNF
|
$511.49 Million |
|
KMW Inc.
KQ:032500
|
$511.46 Million |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
$511.21 Million |
|
Beijing Shenzhou Aerospace Software Technology Co. Ltd. A
SHG:688562
|
$510.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changzhou Aohong Electronics Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,619,300,574 to 1,720,038,617, a change of 100,738,042 (6.2%).
- Net income of 141,498,579 contributed positively to equity growth.
- Dividend payments of 43,784,227 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥141.50 Million | +8.23% |
| Dividends Paid | CN¥43.78 Million | -2.55% |
| Other Changes | CN¥3.02 Million | +0.18% |
| Total Change | CN¥- | 6.22% |
Book Value vs Market Value Analysis
This analysis compares Changzhou Aohong Electronics 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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.92x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥5.47 | CN¥32.38 | x |
| 2020-12-31 | CN¥9.12 | CN¥32.38 | x |
| 2021-12-31 | CN¥10.01 | CN¥32.38 | x |
| 2022-12-31 | CN¥10.69 | CN¥32.38 | x |
| 2023-12-31 | CN¥11.33 | CN¥32.38 | x |
| 2024-12-31 | CN¥12.03 | CN¥32.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changzhou Aohong Electronics 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.94%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.52x
- Recent ROE (8.23%) is below the historical average (10.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 21.14% | 14.68% | 0.75x | 1.92x | CN¥65.35 Million |
| 2020 | 9.57% | 14.14% | 0.47x | 1.43x | CN¥-5.57 Million |
| 2021 | 9.97% | 13.33% | 0.43x | 1.75x | CN¥-386.99K |
| 2022 | 8.71% | 11.82% | 0.47x | 1.59x | CN¥-19.67 Million |
| 2023 | 8.21% | 12.28% | 0.47x | 1.41x | CN¥-29.01 Million |
| 2024 | 8.23% | 10.94% | 0.49x | 1.52x | CN¥-30.51 Million |
Industry Comparison
This section compares Changzhou Aohong Electronics Co. Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changzhou Aohong Electronics Co. Ltd. (605058) | CN¥1.72 Billion | 21.14% | 0.51x | $511.59 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |