Hangzhou IECHO Science & Technology Co. Ltd. A (688092) - Net Assets
Based on the latest financial reports, Hangzhou IECHO Science & Technology Co. Ltd. A (688092) has net assets worth CN¥665.61 Million CNY (≈ $97.40 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¥841.90 Million ≈ $123.20 Million USD) and total liabilities (CN¥176.29 Million ≈ $25.80 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. (688092) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥665.61 Million |
| % of Total Assets | 79.06% |
| Annual Growth Rate | 26.28% |
| 5-Year Change | 26.72% |
| 10-Year Change | N/A |
| Growth Volatility | 35.19 |
Hangzhou IECHO Science & Technology Co. Ltd. A - Net Assets Trend (2017–2025)
This chart illustrates how Hangzhou IECHO Science & Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See how many days can Hangzhou IECHO Science & Technology Co. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hangzhou IECHO Science & Technology Co. Ltd. A (2017–2025)
The table below shows the annual net assets of Hangzhou IECHO Science & Technology Co. Ltd. A from 2017 to 2025. For live valuation and market cap data, see Hangzhou IECHO Science & Technology Co. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥660.63 Million ≈ $96.67 Million |
+4.92% |
| 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 |
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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 924.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥279.68 Million | 42.34% |
| Other Components | CN¥380.95 Million | 57.66% |
| Total Equity | CN¥660.63 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 |
|---|---|
|
Ramco Industries Limited
NSE:RAMCOIND
|
$273.30 Million |
|
Sonda S.A
SN:SONDA
|
$273.38 Million |
|
Thoresen Thai Agencies Public Company Limited
BK:TTA
|
$273.41 Million |
|
Aurion Resources Ltd
V:AU
|
$273.63 Million |
|
Federal-Mogul Goetze (India) Limited.
NSE:FMGOETZE
|
$273.17 Million |
|
King Core Electronics Inc
TW:6155
|
$273.16 Million |
|
Shanghai KEN Tools Co Ltd
SHE:300126
|
$273.10 Million |
|
Vietnam Container Shipping JSC
VN:VSC
|
$273.10 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 2024 to 2025, total equity changed from 629,671,975 to 660,628,190, a change of 30,956,215 (4.9%).
- Net income of 50,914,900 contributed positively to equity growth.
- Dividend payments of 23,614,059 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.91 Million | +7.71% |
| Dividends Paid | CN¥23.61 Million | -3.57% |
| Other Changes | CN¥3.66 Million | +0.55% |
| Total Change | CN¥- | 4.92% |
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: 2.81x
- 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 13.18x to 2.81x 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¥1.71 | CN¥22.59 | x |
| 2018-12-31 | CN¥2.65 | CN¥22.59 | x |
| 2019-12-31 | CN¥3.19 | CN¥22.59 | x |
| 2020-12-31 | CN¥3.97 | CN¥22.59 | x |
| 2021-12-31 | CN¥6.72 | CN¥22.59 | x |
| 2022-12-31 | CN¥6.49 | CN¥22.59 | x |
| 2023-12-31 | CN¥7.30 | CN¥22.59 | x |
| 2024-12-31 | CN¥7.71 | CN¥22.59 | x |
| 2025-12-31 | CN¥8.04 | CN¥22.59 | 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.32%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.24x
- Recent ROE (7.71%) is below the historical average (16.19%), 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 |
| 2025 | 7.71% | 11.32% | 0.55x | 1.24x | CN¥-15.15 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: $4,521,607,784
- Average return on equity (ROE) among peers: -17.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou IECHO Science & Technology Co. Ltd. A (688092) | CN¥665.61 Million | 29.78% | 0.26x | $273.26 Million |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.26 Billion | 6.39% | 3.26x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.51 Billion | 5.52% | 0.51x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $7.89 Billion |
About 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