Rigol Technologies Co. Ltd. A
Rigol Technologies Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of electronic testing and measuring instruments and accessories in China and internationally. The company offers digital oscilloscopes, function/arbitrary waveform generators, RF signal generators, DC power supplies, programmable DC electronic loads, digital multimeters, dat… Read more
Rigol Technologies Co. Ltd. A (688337) - Net Assets
Latest net assets as of June 2025: CN¥3.11 Billion CNY
Based on the latest financial reports, Rigol Technologies Co. Ltd. A (688337) has net assets worth CN¥3.11 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.79 Billion) and total liabilities (CN¥680.28 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.11 Billion |
| % of Total Assets | 82.07% |
| Annual Growth Rate | 80.13% |
| 5-Year Change | 369.67% |
| 10-Year Change | N/A |
| Growth Volatility | 129.4 |
Rigol Technologies Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Rigol Technologies Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rigol Technologies Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Rigol Technologies Co. Ltd. A from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.17 Billion | +9.64% |
| 2023-12-31 | CN¥2.89 Billion | +12.70% |
| 2022-12-31 | CN¥2.56 Billion | +240.14% |
| 2021-12-31 | CN¥753.72 Million | +11.75% |
| 2020-12-31 | CN¥674.46 Million | +304.30% |
| 2019-12-31 | CN¥166.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rigol Technologies 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 87.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥106.56 Million | 3.36% |
| Other Components | CN¥3.06 Billion | 96.64% |
| Total Equity | CN¥3.17 Billion | 100.00% |
Rigol Technologies Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Rigol Technologies Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$382.44 Million |
|
TPK Holding Co Ltd
TW:3673
|
$382.51 Million |
|
OneSpan Inc
NASDAQ:OSPN
|
$382.53 Million |
|
Riley Exploration Permian Inc
NYSE MKT:REPX
|
$382.64 Million |
|
Shenzhen Phoenix Telecom Technology Co. Ltd.
SHE:301191
|
$382.39 Million |
|
Pulike Biological Engineering
SHG:603566
|
$382.17 Million |
|
Jiangsu Xiuqiang Glasswork Co
SHE:300160
|
$382.15 Million |
|
J.Pond Precision Technology Co. Ltd. A
SHE:301326
|
$382.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rigol Technologies Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,889,231,057 to 3,167,741,970, a change of 278,510,913 (9.6%).
- Net income of 92,303,051 contributed positively to equity growth.
- Dividend payments of 101,253,715 reduced retained earnings.
- Other factors increased equity by 287,461,577.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥92.30 Million | +2.91% |
| Dividends Paid | CN¥101.25 Million | -3.2% |
| Other Changes | CN¥287.46 Million | +9.07% |
| Total Change | CN¥- | 9.64% |
Book Value vs Market Value Analysis
This analysis compares Rigol Technologies 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: 2.69x
- 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 21.09x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥2.09 | CN¥43.98 | x |
| 2020-12-31 | CN¥5.01 | CN¥43.98 | x |
| 2021-12-31 | CN¥4.20 | CN¥43.98 | x |
| 2022-12-31 | CN¥14.28 | CN¥43.98 | x |
| 2023-12-31 | CN¥15.61 | CN¥43.98 | x |
| 2024-12-31 | CN¥16.32 | CN¥43.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rigol Technologies 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): 2.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.90%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.22x
- Recent ROE (2.91%) is below the historical average (5.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 27.57% | 15.13% | 0.88x | 2.07x | CN¥29.31 Million |
| 2020 | -4.03% | -7.67% | 0.43x | 1.21x | CN¥-94.61 Million |
| 2021 | -0.52% | -0.81% | 0.53x | 1.22x | CN¥-79.27 Million |
| 2022 | 3.61% | 14.67% | 0.23x | 1.09x | CN¥-163.88 Million |
| 2023 | 3.74% | 16.10% | 0.21x | 1.13x | CN¥-180.97 Million |
| 2024 | 2.91% | 11.90% | 0.20x | 1.22x | CN¥-224.47 Million |
Industry Comparison
This section compares Rigol Technologies Co. Ltd. A's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rigol Technologies Co. Ltd. A (688337) | CN¥3.11 Billion | 27.57% | 0.22x | $382.41 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |