Yuneng Technology Co. Ltd. A
Yuneng Technology Co., Ltd. engages in the research, development, production, and sale of component-level power electronics equipment in China and internationally. It offers micro-inverters, intelligent control switches, and industrial and commercial energy storage systems. The company was incorporated in 2010 and is headquartered in Jiaxing, China.
Yuneng Technology Co. Ltd. A (688348) - Net Assets
Latest net assets as of June 2025: CN¥3.72 Billion CNY
Based on the latest financial reports, Yuneng Technology Co. Ltd. A (688348) has net assets worth CN¥3.72 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¥4.81 Billion) and total liabilities (CN¥1.09 Billion). 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¥3.72 Billion |
| % of Total Assets | 77.41% |
| Annual Growth Rate | 108.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 502.95 |
Yuneng Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Yuneng Technology 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 Yuneng Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Yuneng Technology Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.65 Billion | -1.45% |
| 2023-12-31 | CN¥3.70 Billion | -0.64% |
| 2022-12-31 | CN¥3.73 Billion | +1177.01% |
| 2021-12-31 | CN¥291.83 Million | +51.77% |
| 2020-12-31 | CN¥192.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yuneng Technology 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 4578.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥491.86 Million | 13.65% |
| Other Components | CN¥3.11 Billion | 86.35% |
| Total Equity | CN¥3.60 Billion | 100.00% |
Yuneng Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Yuneng Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chang Wah Electromaterials Inc
TW:8070
|
$416.72 Million |
|
GRIPM Advanced Materials Co. Ltd. A
SHG:688456
|
$416.74 Million |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
$416.87 Million |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
$416.89 Million |
|
LG Balakrishnan & Bros Limited
NSE:LGBBROSLTD
|
$416.65 Million |
|
Inghams Group Ltd
AU:ING
|
$416.53 Million |
|
BETTER COLLECTIVE EO-01
F:9C8
|
$416.44 Million |
|
ZX PACKING ORD A (SHH) EQSW Exp:
SHG:603091
|
$416.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yuneng Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,677,049,965 to 3,604,389,302, a change of -72,660,663 (-2.0%).
- Net income of 140,044,213 contributed positively to equity growth.
- Dividend payments of 126,825,921 reduced retained earnings.
- Other factors decreased equity by 85,878,954.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥140.04 Million | +3.89% |
| Dividends Paid | CN¥126.83 Million | -3.52% |
| Other Changes | CN¥-85.88 Million | -2.38% |
| Total Change | CN¥- | -1.98% |
Book Value vs Market Value Analysis
This analysis compares Yuneng Technology 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: 2.54x
- 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 35.88x to 2.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥1.63 | CN¥58.62 | x |
| 2021-12-31 | CN¥2.48 | CN¥58.62 | x |
| 2022-12-31 | CN¥23.72 | CN¥58.62 | x |
| 2023-12-31 | CN¥23.45 | CN¥58.62 | x |
| 2024-12-31 | CN¥23.06 | CN¥58.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yuneng Technology 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.91%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.28x
- Recent ROE (3.89%) is below the historical average (18.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 39.98% | 15.69% | 1.12x | 2.28x | CN¥57.60 Million |
| 2021 | 35.26% | 15.48% | 1.06x | 2.15x | CN¥73.74 Million |
| 2022 | 9.69% | 26.94% | 0.27x | 1.33x | CN¥-11.35 Million |
| 2023 | 5.99% | 15.51% | 0.30x | 1.29x | CN¥-147.48 Million |
| 2024 | 3.89% | 7.91% | 0.38x | 1.28x | CN¥-220.39 Million |
Industry Comparison
This section compares Yuneng Technology Co. Ltd. A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yuneng Technology Co. Ltd. A (688348) | CN¥3.72 Billion | 39.98% | 0.29x | $416.69 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |