COMNAV ORD A (SHH) EQSW Exp:
ComNav Technology Ltd. develops, manufactures, and sells global navigation satellite system (GNSS) original equipment manufacturer boards, receivers, and solutions for high precision positioning applications worldwide. Its products include GNSS chips and modules; RTK measurement terminal; agricultural machinery navigation system' monitoring system; wearable devices; navigation application product… Read more
COMNAV ORD A (SHH) EQSW Exp: (688592) - Net Assets
Latest net assets as of June 2025: CN¥947.36 Million CNY
Based on the latest financial reports, COMNAV ORD A (SHH) EQSW Exp: (688592) has net assets worth CN¥947.36 Million 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¥1.29 Billion) and total liabilities (CN¥345.25 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¥947.36 Million |
| % of Total Assets | 73.29% |
| Annual Growth Rate | 52.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 113.66 |
COMNAV ORD A (SHH) EQSW Exp: - Net Assets Trend (2021–2024)
This chart illustrates how COMNAV ORD A (SHH) EQSW Exp:'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for COMNAV ORD A (SHH) EQSW Exp: (2021–2024)
The table below shows the annual net assets of COMNAV ORD A (SHH) EQSW Exp: from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥944.45 Million | -7.62% |
| 2023-12-31 | CN¥1.02 Billion | +242.37% |
| 2022-12-31 | CN¥298.60 Million | +11.27% |
| 2021-12-31 | CN¥268.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to COMNAV ORD A (SHH) EQSW Exp:'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 14.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥87.96 Million | 9.30% |
| Other Components | CN¥857.91 Million | 90.70% |
| Total Equity | CN¥945.88 Million | 100.00% |
COMNAV ORD A (SHH) EQSW Exp: Competitors by Market Cap
The table below lists competitors of COMNAV ORD A (SHH) EQSW Exp: ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sitios Latinoamérica S.A.B. de C.V.
PINK:SLAAF
|
$214.72 Million |
|
Dogwood State Bank
OTCQX:DSBX
|
$214.75 Million |
|
M1 Kliniken AG
PINK:MKLNF
|
$214.81 Million |
|
Shanghai Supezet Engineering Technology Corp Ltd
SHG:688121
|
$214.86 Million |
|
Pecoy Copper Corp.
V:PCU
|
$214.66 Million |
|
UD Electronic
TWO:3689
|
$214.59 Million |
|
First United Corporation
NASDAQ:FUNC
|
$214.54 Million |
|
Lycopodium Limited
PINK:LYOPF
|
$214.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COMNAV ORD A (SHH) EQSW Exp:'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,024,136,721 to 945,876,740, a change of -78,259,981 (-7.6%).
- Net loss of 33,051,888 reduced equity.
- Dividend payments of 8,016,407 reduced retained earnings.
- Other factors decreased equity by 37,191,686.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-33.05 Million | -3.49% |
| Dividends Paid | CN¥8.02 Million | -0.85% |
| Other Changes | CN¥-37.19 Million | -3.93% |
| Total Change | CN¥- | -7.64% |
Book Value vs Market Value Analysis
This analysis compares COMNAV ORD A (SHH) EQSW Exp:'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: 3.93x
- 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 10.38x to 3.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥4.43 | CN¥45.98 | x |
| 2022-12-31 | CN¥4.93 | CN¥45.98 | x |
| 2023-12-31 | CN¥12.67 | CN¥45.98 | x |
| 2024-12-31 | CN¥11.71 | CN¥45.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COMNAV ORD A (SHH) EQSW Exp: 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): -3.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.01%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.39x
- Recent ROE (-3.49%) is below the historical average (5.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.86% | 10.12% | 0.65x | 1.66x | CN¥2.31 Million |
| 2022 | 12.12% | 10.78% | 0.68x | 1.65x | CN¥6.33 Million |
| 2023 | 4.08% | 10.16% | 0.33x | 1.20x | CN¥-60.59 Million |
| 2024 | -3.49% | -8.01% | 0.31x | 1.39x | CN¥-127.64 Million |
Industry Comparison
This section compares COMNAV ORD A (SHH) EQSW Exp:'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 |
|---|---|---|---|---|
| COMNAV ORD A (SHH) EQSW Exp: (688592) | CN¥947.36 Million | 10.86% | 0.36x | $214.68 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 |