Siglent Technologies Co Ltd (688112) - Net Assets
Based on the latest financial reports, Siglent Technologies Co Ltd (688112) has net assets worth CN¥1.57 Billion CNY (≈ $230.21 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¥1.70 Billion ≈ $249.05 Million USD) and total liabilities (CN¥128.77 Million ≈ $18.84 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. Read 688112 liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.57 Billion |
| % of Total Assets | 92.43% |
| Annual Growth Rate | 66.84% |
| 5-Year Change | 857.01% |
| 10-Year Change | N/A |
| Growth Volatility | 259.76 |
Siglent Technologies Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Siglent Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 688112 total assets for the complete picture of this company's asset base.
Annual Net Assets for Siglent Technologies Co Ltd (2017–2024)
The table below shows the annual net assets of Siglent Technologies Co Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Siglent Technologies Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.53 Billion ≈ $224.37 Million |
-1.84% |
| 2023-12-31 | CN¥1.56 Billion ≈ $228.58 Million |
+5.01% |
| 2022-12-31 | CN¥1.49 Billion ≈ $217.67 Million |
+6.91% |
| 2021-12-31 | CN¥1.39 Billion ≈ $203.60 Million |
+768.43% |
| 2020-12-31 | CN¥160.22 Million ≈ $23.44 Million |
+49.39% |
| 2019-12-31 | CN¥107.24 Million ≈ $15.69 Million |
+49.45% |
| 2018-12-31 | CN¥71.76 Million ≈ $10.50 Million |
+68.45% |
| 2017-12-31 | CN¥42.60 Million ≈ $6.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Siglent Technologies 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 573.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥226.55 Million | 14.78% |
| Common Stock | CN¥159.20 Million | 10.38% |
| Other Comprehensive Income | CN¥54.21 Million | 3.54% |
| Other Components | CN¥1.09 Billion | 71.31% |
| Total Equity | CN¥1.53 Billion | 100.00% |
Siglent Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Siglent Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JM Financial Limited
NSE:JMFINANCIL
|
$1.44 Billion |
|
Daxin Materials Corp
TW:5234
|
$1.44 Billion |
|
Sundaram Finance Holdings Limited
NSE:SUNDARMHLD
|
$1.44 Billion |
|
Bank Pan Indonesia Tbk
JK:PNBN
|
$1.44 Billion |
|
Aveanna Healthcare Holdings Inc
NASDAQ:AVAH
|
$1.44 Billion |
|
Chengdu RML Technology Co. Ltd.
SHE:301050
|
$1.44 Billion |
|
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
SHE:002284
|
$1.44 Billion |
|
AB Electrolux (publ)
ST:ELUX-B
|
$1.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siglent Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,562,074,435 to 1,533,277,503, a change of -28,796,932 (-1.8%).
- Net income of 112,109,864 contributed positively to equity growth.
- Dividend payments of 140,096,016 reduced retained earnings.
- Other comprehensive income increased equity by 4,730,475.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥112.11 Million | +7.31% |
| Dividends Paid | CN¥140.10 Million | -9.14% |
| Other Comprehensive Income | CN¥4.73 Million | +0.31% |
| Other Changes | CN¥-5.54 Million | -0.36% |
| Total Change | CN¥- | -1.84% |
Book Value vs Market Value Analysis
This analysis compares Siglent Technologies 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: 6.43x
- 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 154.20x to 6.43x 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¥0.40 | CN¥61.58 | x |
| 2018-12-31 | CN¥0.67 | CN¥61.58 | x |
| 2019-12-31 | CN¥1.01 | CN¥61.58 | x |
| 2020-12-31 | CN¥1.50 | CN¥61.58 | x |
| 2021-12-31 | CN¥12.99 | CN¥61.58 | x |
| 2022-12-31 | CN¥9.36 | CN¥61.58 | x |
| 2023-12-31 | CN¥9.86 | CN¥61.58 | x |
| 2024-12-31 | CN¥9.57 | CN¥61.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siglent Technologies 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): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.54%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.09x
- Recent ROE (7.31%) is below the historical average (23.20%), 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 | 46.20% | 16.09% | 1.56x | 1.84x | CN¥15.42 Million |
| 2018 | 40.29% | 18.76% | 1.42x | 1.51x | CN¥21.74 Million |
| 2019 | 33.04% | 18.69% | 1.25x | 1.41x | CN¥24.70 Million |
| 2020 | 33.52% | 24.33% | 1.03x | 1.34x | CN¥37.69 Million |
| 2021 | 5.83% | 26.68% | 0.21x | 1.06x | CN¥-58.08 Million |
| 2022 | 9.46% | 35.40% | 0.25x | 1.08x | CN¥-7.98 Million |
| 2023 | 9.94% | 32.13% | 0.29x | 1.06x | CN¥-946.63K |
| 2024 | 7.31% | 22.54% | 0.30x | 1.09x | CN¥-41.22 Million |
Industry Comparison
This section compares Siglent Technologies Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $865,454,265
- Average return on equity (ROE) among peers: 5.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siglent Technologies Co Ltd (688112) | CN¥1.57 Billion | 46.20% | 0.08x | $1.44 Billion |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $75.19 Million | 20.40% | 0.95x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $840.05 Million | 5.20% | 0.18x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $285.64 Million | 28.39% | 0.38x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $351.64 Million | 18.36% | 1.54x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $4.35 Billion | 22.99% | 0.47x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $148.43 Million | 21.43% | 0.59x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $1.07 Billion | 9.35% | 0.09x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About Siglent Technologies Co Ltd
Siglent Technologies CO.,Ltd. researches, develops, produces, sells, and services electronic test and measurement equipment in China and internationally. The company offers digital oscilloscopes, function/arbitrary waveform generators, spectrum and vector network analyzers, real time spectrum analyzers, RF/microwave signal generators, digital multi-meters, DC power supplies, handheld oscilloscope… Read more