Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) - Net Assets

Latest as of March 2026: CN¥838.90 Million CNY ≈ $122.76 Million USD

Based on the latest financial reports, Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) has net assets worth CN¥838.90 Million CNY (≈ $122.76 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¥2.59 Billion ≈ $378.67 Million USD) and total liabilities (CN¥1.75 Billion ≈ $255.91 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 Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥838.90 Million
% of Total Assets	32.42%
Annual Growth Rate	16.15%
5-Year Change	-3.5%
10-Year Change	N/A
Growth Volatility	34.49

Shenzhen Rayitek Hi-Tech Film Co. Ltd. A - Net Assets Trend (2017–2025)

This chart illustrates how Shenzhen Rayitek Hi-Tech Film Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Shenzhen Rayitek Hi-Tech Film Co. Ltd. A liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (2017–2025)

The table below shows the annual net assets of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A from 2017 to 2025. For live valuation and market cap data, see 688323 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥851.12 Million ≈ $124.55 Million	-9.75%
2024-12-31	CN¥943.12 Million ≈ $138.01 Million	-5.63%
2023-12-31	CN¥999.36 Million ≈ $146.24 Million	-3.12%
2022-12-31	CN¥1.03 Billion ≈ $150.95 Million	+16.96%
2021-12-31	CN¥881.97 Million ≈ $129.06 Million	+45.16%
2020-12-31	CN¥607.60 Million ≈ $88.91 Million	+10.59%
2019-12-31	CN¥549.40 Million ≈ $80.39 Million	+6.52%
2018-12-31	CN¥515.78 Million ≈ $75.48 Million	+100.78%
2017-12-31	CN¥256.89 Million ≈ $37.59 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Rayitek Hi-Tech Film 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 2378319590.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥868.19 Million	102.01%
Total Equity	CN¥851.12 Million	100.00%

Shenzhen Rayitek Hi-Tech Film Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A ranked by their market capitalization.

Company	Market Cap
Siltronic AG XETRA:WAF	$1.62 Billion
Fujian Snowman Co Ltd SHE:002639	$1.62 Billion
Anand Rathi Wealth Limited NSE:ANANDRATHI	$1.62 Billion
Zhejiang Medicine Co Ltd SHG:600216	$1.62 Billion
Ningbo Haitian Precision Machinery Co Ltd SHG:601882	$1.62 Billion
STELLAR BANCORP DL -01 F:C9N0	$1.62 Billion
OMH SCIENCE Group Co Ltd SHE:300486	$1.62 Billion
Wenzhou Hongfeng Electrical Alloy Co Ltd SHE:300283	$1.62 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Rayitek Hi-Tech Film Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 943,121,144 to 851,121,736, a change of -91,999,408 (-9.8%).
Net loss of 87,615,300 reduced equity.
Dividend payments of 34,667,541 reduced retained earnings.
Other comprehensive income decreased equity by 144,545,192.
Other factors increased equity by 174,828,624.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-87.62 Million	-10.29%
Dividends Paid	CN¥34.67 Million	-4.07%
Other Comprehensive Income	CN¥-144.55 Million	-16.98%
Other Changes	CN¥174.83 Million	+20.54%
Total Change	CN¥-	-9.75%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Rayitek Hi-Tech Film 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: 12.92x
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 23.58x to 12.92x 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¥2.61	CN¥61.50	x
2018-12-31	CN¥4.79	CN¥61.50	x
2019-12-31	CN¥4.01	CN¥61.50	x
2020-12-31	CN¥4.46	CN¥61.50	x
2021-12-31	CN¥5.35	CN¥61.50	x
2022-12-31	CN¥5.84	CN¥61.50	x
2023-12-31	CN¥5.61	CN¥61.50	x
2024-12-31	CN¥5.27	CN¥61.50	x
2025-12-31	CN¥4.76	CN¥61.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Rayitek Hi-Tech Film 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): -10.29%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -22.66%
• Asset Turnover: 0.15x
• Equity Multiplier: 2.96x
Recent ROE (-10.29%) is below the historical average (2.07%), 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	3.83%	8.14%	0.19x	2.45x	CN¥-15.84 Million
2018	7.10%	16.64%	0.24x	1.79x	CN¥-14.96 Million
2019	6.23%	14.75%	0.24x	1.75x	CN¥-20.73 Million
2020	9.63%	16.72%	0.30x	1.91x	CN¥-2.22 Million
2021	6.36%	17.58%	0.18x	1.98x	CN¥-32.15 Million
2022	3.77%	12.88%	0.13x	2.25x	CN¥-64.28 Million
2023	-1.96%	-7.10%	0.11x	2.45x	CN¥-119.54 Million
2024	-6.07%	-16.89%	0.13x	2.72x	CN¥-151.59 Million
2025	-10.29%	-22.66%	0.15x	2.96x	CN¥-172.73 Million

Industry Comparison

This section compares Shenzhen Rayitek Hi-Tech Film Co. Ltd. A'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
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323)	CN¥838.90 Million	3.83%	2.08x	$1.62 Billion
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 Shenzhen Rayitek Hi-Tech Film Co. Ltd. A

SHG:688323 China Electronic Components

Market Cap

$1.62 Billion

CN¥11.07 Billion CNY

Market Cap Rank

#7072 Global

#1609 in China

Share Price

CN¥61.50

Change (1 day)

+1.99%

52-Week Range

CN¥13.08 - CN¥61.50

All Time High

CN¥61.50