Genew Technologies Co Ltd
Genew Technologies Co.,Ltd. engages in the research and development, production, and sale of communication and network products worldwide. The company offers core network products, comprising IMS products; access network products, including voice gateway and IP phone products; enterprise network products, such as IP PBX products; and optical network products comprising PTN and MSTP products, as w… Read more
Genew Technologies Co Ltd (688418) - Net Assets
Latest net assets as of September 2025: CN¥1.02 Billion CNY
Based on the latest financial reports, Genew Technologies Co Ltd (688418) has net assets worth CN¥1.02 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.84 Billion) and total liabilities (CN¥821.12 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¥1.02 Billion |
| % of Total Assets | 55.37% |
| Annual Growth Rate | 28.98% |
| 5-Year Change | -18.38% |
| 10-Year Change | 315.52% |
| Growth Volatility | 71.52 |
Genew Technologies Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Genew Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genew Technologies Co Ltd (2014–2024)
The table below shows the annual net assets of Genew Technologies Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion | +15.19% |
| 2023-12-31 | CN¥890.57 Million | -8.59% |
| 2022-12-31 | CN¥974.31 Million | -16.33% |
| 2021-12-31 | CN¥1.16 Billion | -7.35% |
| 2020-12-31 | CN¥1.26 Billion | +150.53% |
| 2019-12-31 | CN¥501.66 Million | +13.71% |
| 2018-12-31 | CN¥441.18 Million | +50.58% |
| 2017-12-31 | CN¥292.99 Million | +15.14% |
| 2016-12-31 | CN¥254.45 Million | +3.07% |
| 2015-12-31 | CN¥246.88 Million | +206.75% |
| 2014-12-31 | CN¥80.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genew 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 decreased by 1126.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥193.61 Million | 21.37% |
| Other Comprehensive Income | CN¥15.43 Million | 1.70% |
| Other Components | CN¥892.31 Million | 98.48% |
| Total Equity | CN¥906.05 Million | 100.00% |
Genew Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Genew Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuzhou Hongda Electronics Corp Ltd Class A
SHE:300726
|
$762.12 Million |
|
Sidea Semiconductor Equipment (Shenzhen) Co., Ltd.
SHE:301629
|
$762.30 Million |
|
Employers Holdings Inc
NYSE:EIG
|
$762.61 Million |
|
Blue Sail Medical Co Ltd
SHE:002382
|
$763.05 Million |
|
Henan Liliang Diamond Co. Ltd.
SHE:301071
|
$761.89 Million |
|
Winner Medical Co Ltd
SHE:300888
|
$761.85 Million |
|
Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211
|
$761.85 Million |
|
Beijing Piesat Information Technology Co Ltd
SHG:688066
|
$761.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genew Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 826,343,385 to 906,053,836, a change of 79,710,451 (9.6%).
- Net income of 27,437,030 contributed positively to equity growth.
- Dividend payments of 16,710,046 reduced retained earnings.
- Other comprehensive income increased equity by 2,297,296.
- Other factors increased equity by 66,686,171.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.44 Million | +3.03% |
| Dividends Paid | CN¥16.71 Million | -1.84% |
| Other Comprehensive Income | CN¥2.30 Million | +0.25% |
| Other Changes | CN¥66.69 Million | +7.36% |
| Total Change | CN¥- | 9.65% |
Book Value vs Market Value Analysis
This analysis compares Genew 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: 8.55x
- 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 44.33x to 8.55x 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¥0.91 | CN¥40.24 | x |
| 2015-12-31 | CN¥2.17 | CN¥40.24 | x |
| 2016-12-31 | CN¥1.79 | CN¥40.24 | x |
| 2017-12-31 | CN¥2.17 | CN¥40.24 | x |
| 2018-12-31 | CN¥3.22 | CN¥40.24 | x |
| 2019-12-31 | CN¥3.47 | CN¥40.24 | x |
| 2020-12-31 | CN¥6.49 | CN¥40.24 | x |
| 2021-12-31 | CN¥5.91 | CN¥40.24 | x |
| 2022-12-31 | CN¥4.76 | CN¥40.24 | x |
| 2023-12-31 | CN¥4.29 | CN¥40.24 | x |
| 2024-12-31 | CN¥4.71 | CN¥40.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genew 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): 3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.88%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.15x
- Recent ROE (3.03%) is above the historical average (2.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.41% | 3.23% | 0.66x | 2.06x | CN¥-4.50 Million |
| 2015 | 8.75% | 13.88% | 0.47x | 1.35x | CN¥-3.09 Million |
| 2016 | 6.69% | 9.22% | 0.55x | 1.32x | CN¥-8.41 Million |
| 2017 | 13.39% | 14.91% | 0.50x | 1.79x | CN¥9.89 Million |
| 2018 | 13.68% | 12.58% | 0.69x | 1.57x | CN¥16.20 Million |
| 2019 | 12.19% | 14.39% | 0.57x | 1.49x | CN¥10.95 Million |
| 2020 | 3.43% | 8.62% | 0.33x | 1.20x | CN¥-82.46 Million |
| 2021 | -9.30% | -22.89% | 0.29x | 1.40x | CN¥-220.64 Million |
| 2022 | -23.72% | -40.95% | 0.33x | 1.76x | CN¥-310.00 Million |
| 2023 | -10.47% | -9.79% | 0.47x | 2.26x | CN¥-169.19 Million |
| 2024 | 3.03% | 2.88% | 0.49x | 2.15x | CN¥-63.17 Million |
Industry Comparison
This section compares Genew Technologies Co Ltd'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 |
|---|---|---|---|---|
| Genew Technologies Co Ltd (688418) | CN¥1.02 Billion | 4.41% | 0.81x | $761.94 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 |