QuantumCTek Co Ltd (688027) - Net Assets
Based on the latest financial reports, QuantumCTek Co Ltd (688027) has net assets worth CN¥3.22 Billion CNY (≈ $471.37 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.57 Billion ≈ $521.76 Million USD) and total liabilities (CN¥344.40 Million ≈ $50.40 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 QuantumCTek Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.22 Billion |
| % of Total Assets | 90.34% |
| Annual Growth Rate | 19.96% |
| 5-Year Change | 93.44% |
| 10-Year Change | N/A |
| Growth Volatility | 40.5 |
QuantumCTek Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how QuantumCTek Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is QuantumCTek Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for QuantumCTek Co Ltd (2016–2024)
The table below shows the annual net assets of QuantumCTek Co Ltd from 2016 to 2024. For live valuation and market cap data, see QuantumCTek Co Ltd (688027) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.25 Billion ≈ $475.21 Million |
+114.58% |
| 2023-12-31 | CN¥1.51 Billion ≈ $221.46 Million |
-8.03% |
| 2022-12-31 | CN¥1.65 Billion ≈ $240.79 Million |
-1.65% |
| 2021-12-31 | CN¥1.67 Billion ≈ $244.83 Million |
-0.34% |
| 2020-12-31 | CN¥1.68 Billion ≈ $245.66 Million |
+68.94% |
| 2019-12-31 | CN¥993.71 Million ≈ $145.41 Million |
+8.92% |
| 2018-12-31 | CN¥912.36 Million ≈ $133.51 Million |
+8.55% |
| 2017-12-31 | CN¥840.47 Million ≈ $122.99 Million |
+11.00% |
| 2016-12-31 | CN¥757.15 Million ≈ $110.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to QuantumCTek 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 decreased by 78.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥21.03 Million | 0.65% |
| Common Stock | CN¥102.86 Million | 3.17% |
| Other Components | CN¥3.12 Billion | 96.18% |
| Total Equity | CN¥3.24 Billion | 100.00% |
QuantumCTek Co Ltd Competitors by Market Cap
The table below lists competitors of QuantumCTek Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENN ENERGY HLD.UNS.ADR/25
F:XGH0
|
$8.90 Billion |
|
Hubei Dinglong Chemical
SHE:300054
|
$8.91 Billion |
|
Hindustan Petroleum Corporation Limited
NSE:HINDPETRO
|
$8.91 Billion |
|
S-Oil Corp
KO:010950
|
$8.91 Billion |
|
ICICI Prudential Life Insurance Company Limited
NSE:ICICIPRULI
|
$8.88 Billion |
|
CITIC Securities Company Limited
F:CI9
|
$8.88 Billion |
|
Jazz Pharmaceuticals plc
F:J7Z
|
$8.86 Billion |
|
Sofina Société Anonyme
BR:SOF
|
$8.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QuantumCTek Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,504,535,216 to 3,239,740,418, a change of 1,735,205,202 (115.3%).
- Net loss of 31,841,412 reduced equity.
- Other comprehensive income decreased equity by 98,634,966.
- Other factors increased equity by 1,865,681,580.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-31.84 Million | -0.98% |
| Other Comprehensive Income | CN¥-98.63 Million | -3.04% |
| Other Changes | CN¥1.87 Billion | +57.59% |
| Total Change | CN¥- | 115.33% |
Book Value vs Market Value Analysis
This analysis compares QuantumCTek 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: 14.65x
- 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 46.29x to 14.65x 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¥12.76 | CN¥590.60 | x |
| 2017-12-31 | CN¥13.87 | CN¥590.60 | x |
| 2018-12-31 | CN¥15.09 | CN¥590.60 | x |
| 2019-12-31 | CN¥12.32 | CN¥590.60 | x |
| 2020-12-31 | CN¥20.89 | CN¥590.60 | x |
| 2021-12-31 | CN¥20.82 | CN¥590.60 | x |
| 2022-12-31 | CN¥20.35 | CN¥590.60 | x |
| 2023-12-31 | CN¥18.70 | CN¥590.60 | x |
| 2024-12-31 | CN¥40.31 | CN¥590.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QuantumCTek 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): -0.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.57%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.10x
- Recent ROE (-0.98%) is below the historical average (1.64%), 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 | 7.76% | 25.87% | 0.21x | 1.40x | CN¥-16.96 Million |
| 2017 | 8.94% | 26.20% | 0.24x | 1.40x | CN¥-8.83 Million |
| 2018 | 8.02% | 27.39% | 0.21x | 1.37x | CN¥-17.91 Million |
| 2019 | 5.00% | 19.12% | 0.21x | 1.26x | CN¥-49.25 Million |
| 2020 | 1.76% | 21.98% | 0.07x | 1.15x | CN¥-137.61 Million |
| 2021 | -2.23% | -20.73% | 0.09x | 1.19x | CN¥-203.67 Million |
| 2022 | -5.28% | -63.97% | 0.07x | 1.19x | CN¥-249.39 Million |
| 2023 | -8.24% | -79.38% | 0.09x | 1.18x | CN¥-274.37 Million |
| 2024 | -0.98% | -12.57% | 0.07x | 1.10x | CN¥-355.82 Million |
Industry Comparison
This section compares QuantumCTek Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $6,493,798,224
- Average return on equity (ROE) among peers: 16.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QuantumCTek Co Ltd (688027) | CN¥3.22 Billion | 7.76% | 0.11x | $8.89 Billion |
| ZTE Corp (000063) | $45.38 Billion | 11.17% | 2.17x | $22.80 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.52 Billion | -24.54% | 2.30x | $2.78 Billion |
| Addsino Co Ltd (000547) | $483.41 Million | 1.94% | 1.23x | $6.45 Billion |
| Sichuan Huiyuan Optical Com (000586) | $310.66 Million | 7.41% | 1.42x | $563.01 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $408.22 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.39 Billion | 7.98% | 1.14x | $2.09 Billion |
| Skyworth Digital Co Ltd (000810) | $6.37 Billion | 9.45% | 0.80x | $2.18 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $279.41 Million | 5.55% | 0.88x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $50.16 Million | 138.76% | 23.71x | $1.28 Billion |
| Sunwave Communications Co Ltd (002115) | $2.57 Billion | 0.68% | 0.81x | $1.74 Billion |
About QuantumCTek Co Ltd
QuantumCTek Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of quantum communication, computing, and precision measurement products in China. The company offers quantum-secure communication network core equipment comprising miniaturized quantum key distribution terminals, and polarization coding quantum key distribution and management terminal… Read more