Raytron Technology Co Ltd (688002) - Net Assets
Based on the latest financial reports, Raytron Technology Co Ltd (688002) has net assets worth CN¥8.06 Billion CNY (≈ $1.18 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.30 Billion ≈ $1.80 Billion USD) and total liabilities (CN¥4.24 Billion ≈ $621.00 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 strategic asset allocation of Raytron Technology Co Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.06 Billion |
| % of Total Assets | 65.5% |
| Annual Growth Rate | 59.22% |
| 5-Year Change | 343.23% |
| 10-Year Change | N/A |
| Growth Volatility | 72.73 |
Raytron Technology Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Raytron Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Raytron Technology Co Ltd (688002) total market value.
Annual Net Assets for Raytron Technology Co Ltd (2016–2025)
The table below shows the annual net assets of Raytron Technology Co Ltd from 2016 to 2025. Also explore 688002 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥16.77 Billion ≈ $2.45 Billion |
+203.25% |
| 2024-12-31 | CN¥5.53 Billion ≈ $809.28 Million |
+7.97% |
| 2023-12-31 | CN¥5.12 Billion ≈ $749.56 Million |
+18.05% |
| 2022-12-31 | CN¥4.34 Billion ≈ $634.98 Million |
+14.68% |
| 2021-12-31 | CN¥3.78 Billion ≈ $553.70 Million |
+29.15% |
| 2020-12-31 | CN¥2.93 Billion ≈ $428.72 Million |
+25.07% |
| 2019-12-31 | CN¥2.34 Billion ≈ $342.79 Million |
+132.86% |
| 2018-12-31 | CN¥1.01 Billion ≈ $147.21 Million |
+178.80% |
| 2017-12-31 | CN¥360.83 Million ≈ $52.80 Million |
+41.42% |
| 2016-12-31 | CN¥255.15 Million ≈ $37.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Raytron 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 339491593067.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.34 Billion | 53.32% |
| Other Comprehensive Income | CN¥6.22 Billion | 99.35% |
| Total Equity | CN¥6.26 Billion | 100.00% |
Raytron Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Raytron Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Revvity Inc.
NYSE:RVTY
|
$12.20 Billion |
|
Sonova H Ag
SW:SOON
|
$12.20 Billion |
|
CARLSBERG B DK20 ADR 1/5
F:CBGC
|
$12.20 Billion |
|
Sociedad Quimica y Minera de Chile SA ADR B
NYSE:SQM
|
$12.20 Billion |
|
NIPPON YUSEN K.K.SP.DR1/5
F:NYK
|
$12.18 Billion |
|
McCormick & Company Incorporated
NYSE:MKC
|
$12.18 Billion |
|
Exelixis Inc
NASDAQ:EXEL
|
$12.17 Billion |
|
BANKINTER ADR 2007 EO-30
F:BAK
|
$12.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raytron Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,404,339,027 to 6,261,080,000, a change of 856,740,973 (15.9%).
- Net income of 1,100,335,000 contributed positively to equity growth.
- Dividend payments of 91,946,313 reduced retained earnings.
- Other comprehensive income increased equity by 5,437,382,980.
- Other factors decreased equity by 5,589,030,694.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.10 Billion | +17.57% |
| Dividends Paid | CN¥91.95 Million | -1.47% |
| Other Comprehensive Income | CN¥5.44 Billion | +86.84% |
| Other Changes | CN¥-5.59 Billion | -89.27% |
| Total Change | CN¥- | 15.85% |
Book Value vs Market Value Analysis
This analysis compares Raytron 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: 12.83x
- 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 179.44x to 12.83x 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¥1.00 | CN¥178.85 | x |
| 2017-12-31 | CN¥1.30 | CN¥178.85 | x |
| 2018-12-31 | CN¥2.99 | CN¥178.85 | x |
| 2019-12-31 | CN¥5.71 | CN¥178.85 | x |
| 2020-12-31 | CN¥6.57 | CN¥178.85 | x |
| 2021-12-31 | CN¥7.77 | CN¥178.85 | x |
| 2022-12-31 | CN¥8.85 | CN¥178.85 | x |
| 2023-12-31 | CN¥10.48 | CN¥178.85 | x |
| 2024-12-31 | CN¥11.97 | CN¥178.85 | x |
| 2025-12-31 | CN¥13.94 | CN¥178.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raytron 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): 17.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.40%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.68x
- Recent ROE (17.57%) is above the historical average (12.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.80% | 16.09% | 0.20x | 1.20x | CN¥-15.80 Million |
| 2017 | 17.84% | 41.32% | 0.31x | 1.39x | CN¥28.27 Million |
| 2018 | 12.44% | 32.59% | 0.32x | 1.18x | CN¥24.57 Million |
| 2019 | 8.63% | 29.51% | 0.27x | 1.09x | CN¥-32.13 Million |
| 2020 | 19.95% | 37.41% | 0.44x | 1.21x | CN¥291.33 Million |
| 2021 | 13.23% | 25.90% | 0.36x | 1.40x | CN¥112.69 Million |
| 2022 | 7.91% | 11.84% | 0.42x | 1.60x | CN¥-82.82 Million |
| 2023 | 10.30% | 13.93% | 0.43x | 1.72x | CN¥14.54 Million |
| 2024 | 10.53% | 13.18% | 0.49x | 1.63x | CN¥28.53 Million |
| 2025 | 17.57% | 17.40% | 0.60x | 1.68x | CN¥474.23 Million |
Industry Comparison
This section compares Raytron 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: $20,410,930,476
- Average return on equity (ROE) among peers: -4.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raytron Technology Co Ltd (688002) | CN¥8.06 Billion | 3.80% | 0.53x | $12.18 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $352.85 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.82 Billion | 23.73% | 2.20x | $1.25 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $480.22 Million |
| CPT Technology Group Co Ltd (000536) | $5.57 Billion | 10.98% | 1.18x | $1.41 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $9.48 Billion |
| Xiamen Xindeco Ltd (000701) | $4.18 Billion | 2.61% | 2.40x | $539.95 Million |
| BOE Technology Group Co Ltd (000725) | $173.40 Billion | 2.90% | 1.45x | $31.12 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.97 Billion | 10.14% | 0.50x | $3.32 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.37 Billion | 6.78% | 0.23x | $2.02 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.74 Billion |
About Raytron Technology Co Ltd
Raytron Technology Co.,Ltd. engages in the design and manufacturing of application specific integrated circuits and special chips in China and internationally. The company offers infrared thermal imaging, such as thermal sensors, detectors, core modules, and units; silicon-based beamforming chips, compound-based MMIC chips, T/R component design, and phased array antenna system integration. It als… Read more