ROPEOK Technology Group Co Ltd (688619) - Net Assets
Based on the latest financial reports, ROPEOK Technology Group Co Ltd (688619) has net assets worth CN¥825.46 Million CNY (≈ $120.79 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.44 Billion ≈ $210.43 Million USD) and total liabilities (CN¥612.58 Million ≈ $89.64 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 ROPEOK Technology Group Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥825.46 Million |
| % of Total Assets | 57.4% |
| Annual Growth Rate | 21.06% |
| 5-Year Change | 42.99% |
| 10-Year Change | N/A |
| Growth Volatility | 52.81 |
ROPEOK Technology Group Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how ROPEOK Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 688619 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ROPEOK Technology Group Co Ltd (2017–2024)
The table below shows the annual net assets of ROPEOK Technology Group Co Ltd from 2017 to 2024. For live valuation and market cap data, see ROPEOK Technology Group Co Ltd (688619) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥911.35 Million ≈ $133.36 Million |
-19.93% |
| 2023-12-31 | CN¥1.14 Billion ≈ $166.55 Million |
-12.80% |
| 2022-12-31 | CN¥1.31 Billion ≈ $191.00 Million |
-14.72% |
| 2021-12-31 | CN¥1.53 Billion ≈ $223.97 Million |
+140.14% |
| 2020-12-31 | CN¥637.36 Million ≈ $93.27 Million |
+32.78% |
| 2019-12-31 | CN¥480.01 Million ≈ $70.24 Million |
+61.94% |
| 2018-12-31 | CN¥296.42 Million ≈ $43.38 Million |
+23.95% |
| 2017-12-31 | CN¥239.15 Million ≈ $34.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ROPEOK Technology Group 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 537.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥185.44 Million | 20.79% |
| Other Comprehensive Income | CN¥44.01 Million | 4.93% |
| Other Components | CN¥884.75 Million | 99.17% |
| Total Equity | CN¥892.13 Million | 100.00% |
ROPEOK Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of ROPEOK Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Cables Limited
NSE:UNIVCABLES
|
$463.77 Million |
|
Longmaster Information Tech
SHE:300288
|
$463.85 Million |
|
Hubei Fuxing Science and Technology Co Ltd
SHE:000926
|
$463.87 Million |
|
Wuhan Hiteck Biological Pharma Co Ltd
SHE:300683
|
$463.91 Million |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
$463.52 Million |
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$463.42 Million |
|
Sichuan Fulin Transportation Group Co Ltd
SHE:002357
|
$463.32 Million |
|
Intrepid Potash Inc
NYSE:IPI
|
$463.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ROPEOK Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,115,221,659 to 892,129,312, a change of -223,092,347 (-20.0%).
- Net loss of 193,232,146 reduced equity.
- Dividend payments of 13,238,425 reduced retained earnings.
- Share repurchases of 30,108,567 reduced equity.
- Other comprehensive income increased equity by 44,013,568.
- Other factors decreased equity by 30,526,777.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-193.23 Million | -21.66% |
| Dividends Paid | CN¥13.24 Million | -1.48% |
| Share Repurchases | CN¥30.11 Million | -3.37% |
| Other Comprehensive Income | CN¥44.01 Million | +4.93% |
| Other Changes | CN¥-30.53 Million | -3.42% |
| Total Change | CN¥- | -20.00% |
Book Value vs Market Value Analysis
This analysis compares ROPEOK Technology Group 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: 3.43x
- 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 9.84x to 3.43x 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¥1.74 | CN¥17.09 | x |
| 2018-12-31 | CN¥2.15 | CN¥17.09 | x |
| 2019-12-31 | CN¥2.50 | CN¥17.09 | x |
| 2020-12-31 | CN¥4.48 | CN¥17.09 | x |
| 2021-12-31 | CN¥8.11 | CN¥17.09 | x |
| 2022-12-31 | CN¥6.94 | CN¥17.09 | x |
| 2023-12-31 | CN¥6.05 | CN¥17.09 | x |
| 2024-12-31 | CN¥4.99 | CN¥17.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ROPEOK Technology Group 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): -21.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -135.16%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.71x
- Recent ROE (-21.66%) is below the historical average (5.39%), 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 | 14.73% | 17.96% | 0.52x | 1.56x | CN¥11.28 Million |
| 2018 | 18.46% | 15.01% | 0.74x | 1.66x | CN¥25.06 Million |
| 2019 | 21.74% | 20.05% | 0.54x | 2.03x | CN¥54.93 Million |
| 2020 | 25.29% | 25.67% | 0.49x | 2.02x | CN¥95.83 Million |
| 2021 | 4.60% | 9.65% | 0.31x | 1.52x | CN¥-81.98 Million |
| 2022 | -15.75% | -119.82% | 0.08x | 1.55x | CN¥-331.48 Million |
| 2023 | -4.29% | -10.69% | 0.24x | 1.71x | CN¥-159.41 Million |
| 2024 | -21.66% | -135.16% | 0.09x | 1.71x | CN¥-282.45 Million |
Industry Comparison
This section compares ROPEOK Technology Group Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $3,169,637,148
- Average return on equity (ROE) among peers: 1.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ROPEOK Technology Group Co Ltd (688619) | CN¥825.46 Million | 14.73% | 0.74x | $463.74 Million |
| Eastcompeace Technology Co Ltd (002017) | $1.40 Billion | 2.82% | 0.50x | $1.36 Billion |
| Wiscom System Co Ltd (002090) | $1.26 Billion | 2.38% | 1.07x | $541.62 Million |
| Topsec Technologies Group Inc (002212) | $9.45 Billion | -3.93% | 0.19x | $1.06 Billion |
| Focus Technology Co Ltd (002315) | $2.02 Billion | 7.77% | 0.21x | $1.15 Billion |
| Beijing Venustech Inc (002439) | $7.41 Billion | 8.45% | 0.35x | $2.30 Billion |
| Maxvision Technology Corp (002990) | $1.89 Billion | 11.89% | 0.31x | $2.14 Billion |
| Wangsu Science Tech (300017) | $870.45 Million | 11.92% | 0.13x | $5.36 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $2.91 Billion | 5.35% | 0.41x | $922.96 Million |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $1.37 Billion | 0.36% | 0.52x | $2.79 Billion |
| TIZA Information Industry Corporation Inc (300209) | $3.11 Billion | -28.00% | 0.46x | $3.90 Billion |
About ROPEOK Technology Group Co Ltd
ROPEOK Technology Group Co., Ltd. designs and implements security system solutions and services in China. The company develops, sells, operates, and maintains security video surveillance products; and provides other services. It offers structured, face, traffic, and web cameras, and dual light thermometers; multi-modal, integrated storage and computing, mobile sensing, and IoT smart terminals; an… Read more