Hangzhou IECHO Science & Technology Co. Ltd. A (688092) - Net Assets

Latest as of September 2025: CN¥649.05 Million CNY ≈ $94.98 Million USD

Based on the latest financial reports, Hangzhou IECHO Science & Technology Co. Ltd. A (688092) has net assets worth CN¥649.05 Million CNY (≈ $94.98 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¥829.85 Million ≈ $121.43 Million USD) and total liabilities (CN¥180.80 Million ≈ $26.46 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 Hangzhou IECHO Science & Technology Co. liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Hangzhou IECHO Science & Technology Co. (688092) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Hangzhou IECHO Science & Technology Co. market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥629.67 Million ≈ $92.14 Million	+5.40%
2023-12-31	CN¥597.42 Million ≈ $87.42 Million	+11.50%
2022-12-31	CN¥535.81 Million ≈ $78.41 Million	+2.78%
2021-12-31	CN¥521.33 Million ≈ $76.29 Million	+111.24%
2020-12-31	CN¥246.79 Million ≈ $36.11 Million	+24.71%
2019-12-31	CN¥197.90 Million ≈ $28.96 Million	+21.29%
2018-12-31	CN¥163.16 Million ≈ $23.88 Million	+59.75%
2017-12-31	CN¥102.13 Million ≈ $14.95 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
Xuchang Ketop Testing Research Ins SHE:003008	$356.87 Million
Rashi Peripherals Limited NSE:RPTECH	$356.95 Million
Digi Communications NV RO:DIGI	$356.95 Million
Cyient DLM Limited NSE:CYIENTDLM	$356.97 Million
Polisan Holding AS IS:POLHO	$356.76 Million
Shenzhen Maxonic Auto Control SHE:300112	$356.74 Million
Austindo Nusantara Jaya Tbk JK:ANJT	$356.72 Million
GSR III Acquisition Corp. Ordinary Shares NASDAQ:GSRT	$356.55 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: 3.83x
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 12.37x to 3.83x 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¥29.50	x
2018-12-31	CN¥3.72	CN¥29.50	x
2019-12-31	CN¥4.56	CN¥29.50	x
2020-12-31	CN¥4.17	CN¥29.50	x
2021-12-31	CN¥8.81	CN¥29.50	x
2022-12-31	CN¥9.10	CN¥29.50	x
2023-12-31	CN¥10.22	CN¥29.50	x
2024-12-31	CN¥7.71	CN¥29.50	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: $2,542,980,118
Average return on equity (ROE) among peers: 6.57%

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	$356.84 Million
XJ Electric Co Ltd (000400)	$1.49 Billion	11.47%	0.73x	$3.86 Billion
Guangdong Macro Co Ltd (000533)	$598.74 Million	0.58%	4.38x	$1.35 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.84 Billion	10.28%	0.11x	$1.03 Billion
Dongfang Electronics Co Ltd (000682)	$1.27 Billion	0.84%	0.19x	$2.58 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.05 Billion	-0.83%	4.35x	$864.19 Million
Huagong Tech Co Ltd (000988)	$7.43 Billion	10.24%	0.87x	$18.42 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.48 Billion	7.41%	1.41x	$1.82 Billion
Sieyuan Electric Co Ltd (002028)	$8.60 Billion	13.93%	0.62x	$23.55 Billion
Shanghai Welltech Automation Co Ltd (002058)	$175.70 Million	4.41%	0.38x	$525.19 Million
Gotion High tech Co Ltd (002074)	$497.13 Million	7.34%	0.88x	$10.24 Billion

About Hangzhou IECHO Science & Technology Co. Ltd. A

SHG:688092 China Electrical Equipment & Parts

Market Cap

$356.84 Million

CN¥2.44 Billion CNY

Market Cap Rank

#14277 Global

#4479 in China

Share Price

CN¥29.50

Change (1 day)

-0.51%

52-Week Range

CN¥20.70 - CN¥32.19

All Time High

CN¥33.06