Kunshan Guoli Electronic Technology Co Ltd (688103) - Net Assets
Based on the latest financial reports, Kunshan Guoli Electronic Technology Co Ltd (688103) has net assets worth CN¥1.15 Billion CNY (≈ $167.96 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¥2.55 Billion ≈ $373.09 Million USD) and total liabilities (CN¥1.40 Billion ≈ $205.13 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 688103 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.15 Billion |
| % of Total Assets | 45.02% |
| Annual Growth Rate | 24.68% |
| 5-Year Change | 91.81% |
| 10-Year Change | 657.69% |
| Growth Volatility | 27.99 |
Kunshan Guoli Electronic Technology Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Kunshan Guoli Electronic Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kunshan Guoli Electronic Technology Co L balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Kunshan Guoli Electronic Technology Co Ltd (2014–2024)
The table below shows the annual net assets of Kunshan Guoli Electronic Technology Co Ltd from 2014 to 2024. For live valuation and market cap data, see market cap of Kunshan Guoli Electronic Technology Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.14 Billion ≈ $167.51 Million |
+1.23% |
| 2023-12-31 | CN¥1.13 Billion ≈ $165.48 Million |
+9.41% |
| 2022-12-31 | CN¥1.03 Billion ≈ $151.25 Million |
+8.59% |
| 2021-12-31 | CN¥951.89 Million ≈ $139.29 Million |
+59.50% |
| 2020-12-31 | CN¥596.81 Million ≈ $87.33 Million |
+19.66% |
| 2019-12-31 | CN¥498.78 Million ≈ $72.99 Million |
+41.99% |
| 2018-12-31 | CN¥351.29 Million ≈ $51.40 Million |
-5.31% |
| 2017-12-31 | CN¥371.00 Million ≈ $54.29 Million |
+28.58% |
| 2016-12-31 | CN¥288.53 Million ≈ $42.22 Million |
+90.97% |
| 2015-12-31 | CN¥151.08 Million ≈ $22.11 Million |
+19.86% |
| 2014-12-31 | CN¥126.05 Million ≈ $18.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kunshan Guoli Electronic Technology 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 grown by 414.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥388.94 Million | 34.16% |
| Common Stock | CN¥95.32 Million | 8.37% |
| Other Comprehensive Income | CN¥174.88 Million | 15.36% |
| Other Components | CN¥479.49 Million | 42.11% |
| Total Equity | CN¥1.14 Billion | 100.00% |
Kunshan Guoli Electronic Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Kunshan Guoli Electronic Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Discovery Dream Science & Technology Co.Ltd
SHE:301213
|
$839.83 Million |
|
Cartrade Tech Limited
NSE:CARTRADE
|
$839.95 Million |
|
Grupa Pracuj S.A.
WAR:GPP
|
$840.01 Million |
|
Aba Chemicals Corp
SHE:300261
|
$840.14 Million |
|
ATEX Resources Inc.
V:ATX
|
$838.95 Million |
|
Nanjing Canatal Data Centre Environmental Tech Co Ltd Class A
SHG:603912
|
$838.88 Million |
|
Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
SHE:300911
|
$838.61 Million |
|
Alkyl Amines Chemicals Limited
NSE:ALKYLAMINE
|
$838.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kunshan Guoli Electronic Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,125,233,616 to 1,138,633,197, a change of 13,399,581 (1.2%).
- Net income of 30,237,635 contributed positively to equity growth.
- Dividend payments of 23,545,365 reduced retained earnings.
- Share repurchases of 20,992,808 reduced equity.
- Other comprehensive income increased equity by 70,813,719.
- Other factors decreased equity by 43,113,600.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.24 Million | +2.66% |
| Dividends Paid | CN¥23.55 Million | -2.07% |
| Share Repurchases | CN¥20.99 Million | -1.84% |
| Other Comprehensive Income | CN¥70.81 Million | +6.22% |
| Other Changes | CN¥-43.11 Million | -3.79% |
| Total Change | CN¥- | 1.19% |
Book Value vs Market Value Analysis
This analysis compares Kunshan Guoli Electronic Technology 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: 5.00x
- 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 28.50x to 5.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.11 | CN¥60.19 | x |
| 2015-12-31 | CN¥2.58 | CN¥60.19 | x |
| 2016-12-31 | CN¥4.39 | CN¥60.19 | x |
| 2017-12-31 | CN¥5.28 | CN¥60.19 | x |
| 2018-12-31 | CN¥5.03 | CN¥60.19 | x |
| 2019-12-31 | CN¥6.44 | CN¥60.19 | x |
| 2020-12-31 | CN¥8.22 | CN¥60.19 | x |
| 2021-12-31 | CN¥12.15 | CN¥60.19 | x |
| 2022-12-31 | CN¥10.68 | CN¥60.19 | x |
| 2023-12-31 | CN¥11.74 | CN¥60.19 | x |
| 2024-12-31 | CN¥12.05 | CN¥60.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kunshan Guoli Electronic Technology 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): 2.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.82%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.94x
- Recent ROE (2.66%) is below the historical average (11.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.36% | 8.79% | 0.65x | 1.97x | CN¥1.69 Million |
| 2015 | 18.57% | 12.88% | 0.71x | 2.04x | CN¥12.83 Million |
| 2016 | 21.17% | 17.63% | 0.67x | 1.80x | CN¥30.26 Million |
| 2017 | 20.83% | 17.21% | 0.64x | 1.89x | CN¥37.07 Million |
| 2018 | -3.98% | -3.45% | 0.59x | 1.94x | CN¥-45.21 Million |
| 2019 | 8.69% | 11.86% | 0.44x | 1.66x | CN¥-5.93 Million |
| 2020 | 23.48% | 34.18% | 0.45x | 1.52x | CN¥79.42 Million |
| 2021 | 7.73% | 14.34% | 0.40x | 1.36x | CN¥-21.39 Million |
| 2022 | 8.34% | 12.20% | 0.47x | 1.45x | CN¥-17.04 Million |
| 2023 | 5.70% | 9.27% | 0.34x | 1.83x | CN¥-48.33 Million |
| 2024 | 2.66% | 3.82% | 0.36x | 1.94x | CN¥-83.63 Million |
Industry Comparison
This section compares Kunshan Guoli Electronic Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kunshan Guoli Electronic Technology Co Ltd (688103) | CN¥1.15 Billion | 11.36% | 1.22x | $839.51 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Kunshan Guoli Electronic Technology Co Ltd
Kunshan GuoLi Electronic Technology Co., Ltd. engages in the research and development, manufacture, and sale of electrical vacuum products in China. The company offers vacuum capacitor, HV relay, hydrogen thyratron, magnetron, klystron, power distribution and protection, AC contactor, and vacuum interrupter. Its products are used in new energy vehicles and charging facilities, aerospace and milit… Read more