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¥1.16 Billion CNY (≈ $169.02 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¥2.71 Billion ≈ $396.36 Million USD) and total liabilities (CN¥1.55 Billion ≈ $227.34 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 Kunshan Guoli Electronic Technology Co L (688103) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.16 Billion |
| % of Total Assets | 42.64% |
| Annual Growth Rate | 22.22% |
| 5-Year Change | 20.43% |
| 10-Year Change | 297.32% |
| Growth Volatility | 27.82 |
Kunshan Guoli Electronic Technology Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Kunshan Guoli Electronic Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Kunshan Guoli Electronic Technology Co L to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kunshan Guoli Electronic Technology Co Ltd (2014–2025)
The table below shows the annual net assets of Kunshan Guoli Electronic Technology Co Ltd from 2014 to 2025. For live valuation and market cap data, see market cap of Kunshan Guoli Electronic Technology Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.15 Billion ≈ $167.75 Million |
+0.14% |
| 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 476.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥436.25 Million | 38.19% |
| Other Components | CN¥706.14 Million | 61.81% |
| 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 |
|---|---|
|
Jiangsu Hongdou Industrial Co Ltd
SHG:600400
|
$901.96 Million |
|
Hana Materials Inc
KQ:166090
|
$901.98 Million |
|
Huachangda Intelligent Equipment Group Co Ltd
SHE:300278
|
$902.07 Million |
|
Plazza AG
SW:PLAN
|
$902.52 Million |
|
Redcare Pharmacy NV
XETRA:RDC
|
$901.38 Million |
|
E2E Networks Limited
NSE:E2E
|
$901.15 Million |
|
LGI Homes
NASDAQ:LGIH
|
$901.03 Million |
|
Zhengping Road&Bridge Constr
SHG:603843
|
$900.92 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 2024 to 2025, total equity changed from 1,138,633,197 to 1,142,381,682, a change of 3,748,485 (0.3%).
- Net income of 70,608,900 contributed positively to equity growth.
- Dividend payments of 22,733,777 reduced retained earnings.
- Other comprehensive income decreased equity by 174,884,741.
- Other factors increased equity by 130,758,103.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥70.61 Million | +6.18% |
| Dividends Paid | CN¥22.73 Million | -1.99% |
| Other Comprehensive Income | CN¥-174.88 Million | -15.31% |
| Other Changes | CN¥130.76 Million | +11.45% |
| Total Change | CN¥- | 0.33% |
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: 5.40x
- 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 30.60x to 5.40x 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¥64.64 | x |
| 2015-12-31 | CN¥2.58 | CN¥64.64 | x |
| 2016-12-31 | CN¥4.39 | CN¥64.64 | x |
| 2017-12-31 | CN¥5.28 | CN¥64.64 | x |
| 2018-12-31 | CN¥5.03 | CN¥64.64 | x |
| 2019-12-31 | CN¥6.44 | CN¥64.64 | x |
| 2020-12-31 | CN¥8.22 | CN¥64.64 | x |
| 2021-12-31 | CN¥12.15 | CN¥64.64 | x |
| 2022-12-31 | CN¥10.68 | CN¥64.64 | x |
| 2023-12-31 | CN¥11.74 | CN¥64.64 | x |
| 2024-12-31 | CN¥12.05 | CN¥64.64 | x |
| 2025-12-31 | CN¥11.97 | CN¥64.64 | 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): 6.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.34%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.34x
- Recent ROE (6.18%) is below the historical average (10.90%), 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 |
| 2025 | 6.18% | 5.34% | 0.49x | 2.34x | CN¥-43.63 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: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kunshan Guoli Electronic Technology Co Ltd (688103) | CN¥1.16 Billion | 11.36% | 1.35x | $901.58 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 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