Ways Electron Co Ltd
Ways Electron Co.,Ltd. engages in the research and development, design, manufacture, and sale of electronic components in China. It offers backlight display module, liquid crystal display module, display components, touch decorative panel and smart surface; and rubber products, including driven roller for ATM banknote module, transfer roller, exit roller, printing roller, driven roller, pickup ro… Read more
Ways Electron Co Ltd (605218) - Net Assets
Latest net assets as of September 2025: CN¥1.32 Billion CNY
Based on the latest financial reports, Ways Electron Co Ltd (605218) has net assets worth CN¥1.32 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¥2.60 Billion) and total liabilities (CN¥1.28 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¥1.32 Billion |
| % of Total Assets | 50.74% |
| Annual Growth Rate | 16.09% |
| 5-Year Change | 19.05% |
| 10-Year Change | N/A |
| Growth Volatility | 41.81 |
Ways Electron Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Ways Electron 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 Ways Electron Co Ltd (2016–2024)
The table below shows the annual net assets of Ways Electron Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.30 Billion | +2.73% |
| 2023-12-31 | CN¥1.27 Billion | +5.69% |
| 2022-12-31 | CN¥1.20 Billion | +5.30% |
| 2021-12-31 | CN¥1.14 Billion | +4.13% |
| 2020-12-31 | CN¥1.10 Billion | +120.18% |
| 2019-12-31 | CN¥497.57 Million | +26.45% |
| 2018-12-31 | CN¥393.50 Million | +41.96% |
| 2017-12-31 | CN¥277.19 Million | -29.90% |
| 2016-12-31 | CN¥395.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ways Electron 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 87.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥418.24 Million | 32.07% |
| Common Stock | CN¥212.83 Million | 16.32% |
| Other Comprehensive Income | CN¥58.91 Million | 4.52% |
| Other Components | CN¥614.34 Million | 47.10% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Ways Electron Co Ltd Competitors by Market Cap
The table below lists competitors of Ways Electron Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xerox Corp
NASDAQ:XRX
|
$171.60 Million |
|
Sky ICT Public Company Limited
BK:SKY
|
$171.64 Million |
|
GABIA Inc
KQ:079940
|
$171.64 Million |
|
Acacia Research Corporation
NASDAQ:ACTG
|
$171.69 Million |
|
Beijing YJK Building Software Co.Ltd.
SHE:300935
|
$171.58 Million |
|
Keysino Separation Technology Inc
SHE:300899
|
$171.55 Million |
|
eQ Oyj
HE:EQV1V
|
$171.50 Million |
|
TT Electronics plc
PINK:TTGPF
|
$171.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ways Electron Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,269,725,441 to 1,304,330,756, a change of 34,605,315 (2.7%).
- Net income of 55,984,069 contributed positively to equity growth.
- Dividend payments of 28,945,350 reduced retained earnings.
- Other comprehensive income increased equity by 11,735,529.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥55.98 Million | +4.29% |
| Dividends Paid | CN¥28.95 Million | -2.22% |
| Other Comprehensive Income | CN¥11.74 Million | +0.9% |
| Other Changes | CN¥-4.17 Million | -0.32% |
| Total Change | CN¥- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares Ways Electron 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: 3.10x
- 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 7.21x to 3.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.64 | CN¥19.06 | x |
| 2017-12-31 | CN¥1.85 | CN¥19.06 | x |
| 2018-12-31 | CN¥2.48 | CN¥19.06 | x |
| 2019-12-31 | CN¥2.34 | CN¥19.06 | x |
| 2020-12-31 | CN¥6.98 | CN¥19.06 | x |
| 2021-12-31 | CN¥5.36 | CN¥19.06 | x |
| 2022-12-31 | CN¥5.70 | CN¥19.06 | x |
| 2023-12-31 | CN¥6.00 | CN¥19.06 | x |
| 2024-12-31 | CN¥6.16 | CN¥19.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ways Electron 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): 4.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.76%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.80x
- Recent ROE (4.29%) is below the historical average (15.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 30.95% | 9.83% | 1.52x | 2.07x | CN¥82.85 Million |
| 2017 | 18.81% | 3.54% | 1.88x | 2.82x | CN¥24.42 Million |
| 2018 | 35.27% | 8.91% | 2.13x | 1.86x | CN¥99.42 Million |
| 2019 | 20.92% | 8.46% | 1.61x | 1.54x | CN¥54.33 Million |
| 2020 | 7.34% | 7.42% | 0.77x | 1.29x | CN¥-29.64 Million |
| 2021 | 4.59% | 4.36% | 0.82x | 1.29x | CN¥-61.69 Million |
| 2022 | 8.00% | 7.08% | 0.90x | 1.26x | CN¥-23.99 Million |
| 2023 | 9.29% | 7.53% | 0.88x | 1.40x | CN¥-8.97 Million |
| 2024 | 4.29% | 2.76% | 0.86x | 1.80x | CN¥-74.45 Million |
Industry Comparison
This section compares Ways Electron 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 |
|---|---|---|---|---|
| Ways Electron Co Ltd (605218) | CN¥1.32 Billion | 30.95% | 0.97x | $171.58 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 |