Leedarson IoT Technology Inc
Leedarson IoT Technology Inc. engages in the research and development, production, and sale of Internet of things (IoT) products, LED bulbs, fixtures, luminaires, light sources, and other products. The company provides sensors, controls, cameras, and smart appliances; smart lighting products; home security products, such as alarms, smoke alarms, water leakage alarms, video surveillance, and other… Read more
Leedarson IoT Technology Inc (605365) - Net Assets
Latest net assets as of September 2025: CN¥3.73 Billion CNY
Based on the latest financial reports, Leedarson IoT Technology Inc (605365) has net assets worth CN¥3.73 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¥6.53 Billion) and total liabilities (CN¥2.80 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¥3.73 Billion |
| % of Total Assets | 57.13% |
| Annual Growth Rate | 23.53% |
| 5-Year Change | 107.22% |
| 10-Year Change | N/A |
| Growth Volatility | 17.51 |
Leedarson IoT Technology Inc - Net Assets Trend (2017–2024)
This chart illustrates how Leedarson IoT Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Leedarson IoT Technology Inc (2017–2024)
The table below shows the annual net assets of Leedarson IoT Technology Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.79 Billion | +7.50% |
| 2023-12-31 | CN¥3.52 Billion | +6.10% |
| 2022-12-31 | CN¥3.32 Billion | +14.66% |
| 2021-12-31 | CN¥2.90 Billion | +58.47% |
| 2020-12-31 | CN¥1.83 Billion | +32.28% |
| 2019-12-31 | CN¥1.38 Billion | +36.83% |
| 2018-12-31 | CN¥1.01 Billion | +17.03% |
| 2017-12-31 | CN¥862.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Leedarson IoT Technology Inc'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 590.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.36 Billion | 62.25% |
| Common Stock | CN¥502.01 Million | 13.26% |
| Other Components | CN¥927.34 Million | 24.49% |
| Total Equity | CN¥3.79 Billion | 100.00% |
Leedarson IoT Technology Inc Competitors by Market Cap
The table below lists competitors of Leedarson IoT Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SuperAlloy Industrial Co., Ltd.
TW:1563
|
$232.99 Million |
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
$233.01 Million |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
$233.05 Million |
|
Baida Group Co Ltd
SHG:600865
|
$233.05 Million |
|
Shunfa Hengye Corp
SHE:000631
|
$232.85 Million |
|
Jiangsu Newamstar Packaging Machinery Co Ltd
SHE:300509
|
$232.85 Million |
|
Antipa Minerals Ltd
AU:AZY
|
$232.82 Million |
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663
|
$232.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leedarson IoT Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,522,173,024 to 3,786,166,553, a change of 263,993,529 (7.5%).
- Net income of 417,878,951 contributed positively to equity growth.
- Dividend payments of 164,488,370 reduced retained earnings.
- Share repurchases of 22,505,763 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥417.88 Million | +11.04% |
| Dividends Paid | CN¥164.49 Million | -4.34% |
| Share Repurchases | CN¥22.51 Million | -0.59% |
| Other Changes | CN¥33.11 Million | +0.87% |
| Total Change | CN¥- | 7.50% |
Book Value vs Market Value Analysis
This analysis compares Leedarson IoT Technology Inc'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: 2.70x
- 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 11.24x to 2.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.81 | CN¥20.34 | x |
| 2018-12-31 | CN¥2.25 | CN¥20.34 | x |
| 2019-12-31 | CN¥2.76 | CN¥20.34 | x |
| 2020-12-31 | CN¥3.65 | CN¥20.34 | x |
| 2021-12-31 | CN¥5.79 | CN¥20.34 | x |
| 2022-12-31 | CN¥6.64 | CN¥20.34 | x |
| 2023-12-31 | CN¥6.99 | CN¥20.34 | x |
| 2024-12-31 | CN¥7.54 | CN¥20.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leedarson IoT Technology Inc 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): 11.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.14%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.76x
- Recent ROE (11.04%) is below the historical average (17.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.03% | 2.86% | 1.20x | 4.67x | CN¥49.85 Million |
| 2018 | 30.21% | 6.40% | 1.50x | 3.15x | CN¥203.92 Million |
| 2019 | 26.76% | 7.30% | 1.46x | 2.50x | CN¥231.15 Million |
| 2020 | 24.47% | 8.24% | 1.34x | 2.22x | CN¥264.03 Million |
| 2021 | 10.41% | 4.65% | 1.14x | 1.96x | CN¥11.87 Million |
| 2022 | 14.89% | 6.54% | 1.32x | 1.72x | CN¥162.35 Million |
| 2023 | 8.90% | 4.69% | 1.11x | 1.71x | CN¥-38.62 Million |
| 2024 | 11.04% | 6.14% | 1.02x | 1.76x | CN¥39.26 Million |
Industry Comparison
This section compares Leedarson IoT Technology Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,439,846,079
- Average return on equity (ROE) among peers: 10.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leedarson IoT Technology Inc (605365) | CN¥3.73 Billion | 16.03% | 0.75x | $232.89 Million |
| XJ Electric Co Ltd (000400) | $7.55 Billion | 11.51% | 0.89x | $2.54 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $880.32 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $703.62 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.47 Billion | 5.33% | 0.99x | $366.05 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $889.01 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $5.66 Billion | 12.76% | 0.31x | $1.58 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $1.22 Billion | 11.09% | 0.26x | $212.27 Million |
| Sieyuan Electric Co Ltd (002028) | $2.91 Billion | 32.63% | 0.33x | $15.18 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $222.14 Million |