Hangzhou IECHO Science & Technology Co. Ltd. A
Hangzhou IECHO Science&Technology Co., Ltd. manufactures and sells intelligent cutting CNC industrial software systems in China. The company offers knife cutting, laser cutting, and die cutting machine. It also offers IBrightCut, a cutting software for the advertising sector; IMulCut, a Multi-layer cutting machine for garment and furniture industries; and IPlyCut, a cutting software used for inte… Read more
Hangzhou IECHO Science & Technology Co. Ltd. A (688092) - Net Assets
Latest net assets as of September 2025: CN¥649.05 Million CNY
Based on the latest financial reports, Hangzhou IECHO Science & Technology Co. Ltd. A (688092) has net assets worth CN¥649.05 Million 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¥829.85 Million) and total liabilities (CN¥180.80 Million). 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¥649.05 Million |
| % of Total Assets | 78.21% |
| Annual Growth Rate | 29.67% |
| 5-Year Change | 155.15% |
| 10-Year Change | N/A |
| Growth Volatility | 36.21 |
Hangzhou IECHO Science & Technology Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Hangzhou IECHO Science & Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hangzhou IECHO Science & Technology Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Hangzhou IECHO Science & Technology Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥629.67 Million | +5.40% |
| 2023-12-31 | CN¥597.42 Million | +11.50% |
| 2022-12-31 | CN¥535.81 Million | +2.78% |
| 2021-12-31 | CN¥521.33 Million | +111.24% |
| 2020-12-31 | CN¥246.79 Million | +24.71% |
| 2019-12-31 | CN¥197.90 Million | +21.29% |
| 2018-12-31 | CN¥163.16 Million | +59.75% |
| 2017-12-31 | CN¥102.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou IECHO Science & Technology Co. Ltd. A'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 855.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥260.88 Million | 41.43% |
| Common Stock | CN¥82.69 Million | 13.13% |
| Other Components | CN¥286.11 Million | 45.44% |
| Total Equity | CN¥629.67 Million | 100.00% |
Hangzhou IECHO Science & Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hangzhou IECHO Science & Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TGAUF
PINK:TGAUF
|
$18.74 Million |
|
Thai Kin Co. Ltd
TWO:6629
|
$18.74 Million |
|
Train Alliance Sweden AB Series B
ST:TRAIN-B
|
$18.74 Million |
|
Maybank Securities (Thailand) PCL
BK:MST
|
$18.74 Million |
|
Zinnwald Lithium Plc
PINK:ZNWLF
|
$18.73 Million |
|
Prologue
PA:ALPRG
|
$18.72 Million |
|
HARMONEY CORP. LTD
F:6DR
|
$18.71 Million |
|
P5X0
F:P5X0
|
$18.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou IECHO Science & Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 597,424,314 to 629,671,975, a change of 32,247,661 (5.4%).
- Net income of 67,011,114 contributed positively to equity growth.
- Dividend payments of 44,912,579 reduced retained earnings.
- Other factors increased equity by 10,149,126.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥67.01 Million | +10.64% |
| Dividends Paid | CN¥44.91 Million | -7.13% |
| Other Changes | CN¥10.15 Million | +1.61% |
| Total Change | CN¥- | 5.40% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou IECHO Science & Technology Co. Ltd. A'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: 3.98x
- 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 12.88x to 3.98x 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¥2.38 | CN¥30.70 | x |
| 2018-12-31 | CN¥3.72 | CN¥30.70 | x |
| 2019-12-31 | CN¥4.56 | CN¥30.70 | x |
| 2020-12-31 | CN¥4.17 | CN¥30.70 | x |
| 2021-12-31 | CN¥8.81 | CN¥30.70 | x |
| 2022-12-31 | CN¥9.10 | CN¥30.70 | x |
| 2023-12-31 | CN¥10.22 | CN¥30.70 | x |
| 2024-12-31 | CN¥7.71 | CN¥30.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou IECHO Science & Technology Co. Ltd. A 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): 10.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.84%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.20x
- Recent ROE (10.64%) is below the historical average (17.25%), 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 | 29.78% | 17.24% | 1.14x | 1.51x | CN¥20.21 Million |
| 2018 | 23.92% | 18.93% | 0.87x | 1.46x | CN¥22.71 Million |
| 2019 | 22.60% | 21.18% | 0.66x | 1.63x | CN¥24.93 Million |
| 2020 | 19.81% | 21.97% | 0.66x | 1.36x | CN¥24.21 Million |
| 2021 | 10.21% | 16.69% | 0.51x | 1.20x | CN¥1.09 Million |
| 2022 | 8.47% | 15.28% | 0.48x | 1.17x | CN¥-8.20 Million |
| 2023 | 12.60% | 19.61% | 0.54x | 1.20x | CN¥15.55 Million |
| 2024 | 10.64% | 14.84% | 0.60x | 1.20x | CN¥4.04 Million |
Industry Comparison
This section compares Hangzhou IECHO Science & Technology Co. Ltd. A'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 |
|---|---|---|---|---|
| Hangzhou IECHO Science & Technology Co. Ltd. A (688092) | CN¥649.05 Million | 29.78% | 0.28x | $18.73 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 |