Leedarson IoT Technology Inc (605365) - Net Assets
Based on the latest financial reports, Leedarson IoT Technology Inc (605365) has net assets worth CN¥3.80 Billion CNY (≈ $556.45 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.50 Billion ≈ $951.70 Million USD) and total liabilities (CN¥2.70 Billion ≈ $395.25 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 strategically is Leedarson IoT Technology Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.80 Billion |
| % of Total Assets | 58.47% |
| Annual Growth Rate | 20.44% |
| 5-Year Change | 31.87% |
| 10-Year Change | N/A |
| Growth Volatility | 18.18 |
Leedarson IoT Technology Inc - Net Assets Trend (2017–2025)
This chart illustrates how Leedarson IoT Technology Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Leedarson IoT Technology Inc (605365) total market value.
Annual Net Assets for Leedarson IoT Technology Inc (2017–2025)
The table below shows the annual net assets of Leedarson IoT Technology Inc from 2017 to 2025. Also explore Leedarson IoT Technology Inc (605365) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.82 Billion ≈ $558.72 Million |
+0.85% |
| 2024-12-31 | CN¥3.79 Billion ≈ $554.04 Million |
+7.50% |
| 2023-12-31 | CN¥3.52 Billion ≈ $515.40 Million |
+6.10% |
| 2022-12-31 | CN¥3.32 Billion ≈ $485.79 Million |
+14.66% |
| 2021-12-31 | CN¥2.90 Billion ≈ $423.70 Million |
+58.47% |
| 2020-12-31 | CN¥1.83 Billion ≈ $267.36 Million |
+32.28% |
| 2019-12-31 | CN¥1.38 Billion ≈ $202.12 Million |
+36.83% |
| 2018-12-31 | CN¥1.01 Billion ≈ $147.72 Million |
+17.03% |
| 2017-12-31 | CN¥862.57 Million ≈ $126.22 Million |
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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 583.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.33 Billion | 61.11% |
| Other Components | CN¥1.48 Billion | 38.89% |
| Total Equity | CN¥3.82 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 |
|---|---|
|
Tellhow Sci-Tech Co Ltd
SHG:600590
|
$1.08 Billion |
|
Metro Investment Development Co Ltd
SHG:600683
|
$1.08 Billion |
|
Auto Partner SA
WAR:APR
|
$1.08 Billion |
|
Hangzhou Jizhi Mechatronic Co Ltd
SHE:300553
|
$1.08 Billion |
|
Yonyou Auto Information Technology (Shanghai) Co. Ltd.
SHG:688479
|
$1.08 Billion |
|
Monte Rosa Therapeutics Inc
NASDAQ:GLUE
|
$1.07 Billion |
|
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A
|
$1.07 Billion |
|
Jiangsu Jujie Microfiber Technology
SHE:300819
|
$1.07 Billion |
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 2024 to 2025, total equity changed from 3,786,166,553 to 3,818,190,327, a change of 32,023,774 (0.8%).
- Net income of 208,550,508 contributed positively to equity growth.
- Dividend payments of 214,609,373 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥208.55 Million | +5.46% |
| Dividends Paid | CN¥214.61 Million | -5.62% |
| Other Changes | CN¥38.08 Million | +1.0% |
| Total Change | CN¥- | 0.85% |
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: 1.92x
- 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 8.09x to 1.92x 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¥14.64 | x |
| 2018-12-31 | CN¥2.25 | CN¥14.64 | x |
| 2019-12-31 | CN¥2.76 | CN¥14.64 | x |
| 2020-12-31 | CN¥3.65 | CN¥14.64 | x |
| 2021-12-31 | CN¥5.79 | CN¥14.64 | x |
| 2022-12-31 | CN¥6.64 | CN¥14.64 | x |
| 2023-12-31 | CN¥6.99 | CN¥14.64 | x |
| 2024-12-31 | CN¥7.54 | CN¥14.64 | x |
| 2025-12-31 | CN¥7.61 | CN¥14.64 | 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): 5.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.04%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.80x
- Recent ROE (5.46%) is below the historical average (16.46%), 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 |
| 2025 | 5.46% | 3.04% | 1.00x | 1.80x | CN¥-173.27 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: $1,793,502,014
- Average return on equity (ROE) among peers: 11.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leedarson IoT Technology Inc (605365) | CN¥3.80 Billion | 16.03% | 0.71x | $1.08 Billion |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $458.00 Million | 10.69% | 4.94x | $1.10 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $236.13 Million | 20.43% | 0.71x | $890.66 Million |
| Dongfang Electronics Co Ltd (000682) | $1.41 Billion | 1.38% | 0.23x | $2.11 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.53 Billion | 4.09% | 0.63x | $720.77 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.76 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $434.81 Million | 6.61% | 1.31x | $1.30 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.00 Billion | 31.66% | 0.29x | $14.70 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $218.98 Million | 10.86% | 0.64x | $373.01 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $7.36 Billion |
About 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