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

Latest as of March 2026: CN¥665.61 Million CNY ≈ $97.40 Million USD

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. Also explore 688092 total assets for the complete picture of this company's asset 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. Check 688092 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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 688092 company 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	--

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
Beijing Bohui Science & Technology Co Ltd SHG:688004	$270.25 Million
KPM TECH Co. Ltd KQ:042040	$270.25 Million
Zhejiang Zhengyuan Zhihui Technology Co Ltd SHE:300645	$270.33 Million
Shanghai Aiyingshi Co Ltd SHG:603214	$270.44 Million
Darfon Electronics Corp TW:8163	$270.00 Million
Opus Genetics, Inc. NASDAQ:IRD	$269.90 Million
Entrada Therapeutics Inc NASDAQ:TRDA	$269.83 Million
Rishabh Instruments Limited NSE:RISHABH	$269.81 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: 2.78x
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 13.03x to 2.78x 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¥22.34	x
2018-12-31	CN¥2.65	CN¥22.34	x
2019-12-31	CN¥3.19	CN¥22.34	x
2020-12-31	CN¥3.97	CN¥22.34	x
2021-12-31	CN¥6.72	CN¥22.34	x
2022-12-31	CN¥6.49	CN¥22.34	x
2023-12-31	CN¥7.30	CN¥22.34	x
2024-12-31	CN¥7.71	CN¥22.34	x
2025-12-31	CN¥8.04	CN¥22.34	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: $2,149,211,610
Average return on equity (ROE) among peers: 2.69%

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	$270.23 Million
XJ Electric Co Ltd (000400)	$9.20 Billion	7.78%	0.83x	$3.50 Billion
Guangdong Macro Co Ltd (000533)	$598.74 Million	0.58%	4.38x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$663.40 Million	21.97%	0.34x	$901.48 Million
Dongfang Electronics Co Ltd (000682)	$1.27 Billion	0.84%	0.19x	$2.46 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.42 Billion	-38.55%	5.34x	$656.42 Million
Huagong Tech Co Ltd (000988)	$2.72 Billion	1.94%	0.54x	$14.78 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$873.58 Million	10.72%	0.86x	$1.44 Billion
Sieyuan Electric Co Ltd (002028)	$4.11 Billion	9.29%	0.51x	$18.43 Billion
Shanghai Welltech Automation Co Ltd (002058)	$165.38 Million	6.52%	0.32x	$355.17 Million
Gotion High tech Co Ltd (002074)	$467.84 Million	5.86%	0.80x	$7.51 Billion

About Hangzhou IECHO Science & Technology Co. Ltd. A

SHG:688092 China Electrical Equipment & Parts

Market Cap

$270.23 Million

CN¥1.85 Billion CNY

Market Cap Rank

#15336 Global

#4518 in China

Share Price

CN¥22.34

Change (1 day)

-0.22%

52-Week Range

CN¥19.39 - CN¥32.19

All Time High

CN¥33.06