Chengdu Zhimingda Electronics Co. Ltd. A
Chengdu Zhimingda Electronics Co., Ltd. provides customized embedded modules and solutions primarily in China. The company offers intelligent computing terminal, image perception and intelligent processing, bus control, signal acquisition, edge storage, and high-reliability intelligent power supply products. Its products are used in aircraft, missiles, satellites, rockets, and unmanned systems se… Read more
Chengdu Zhimingda Electronics Co. Ltd. A (688636) - Net Assets
Latest net assets as of September 2025: CN¥1.17 Billion CNY
Based on the latest financial reports, Chengdu Zhimingda Electronics Co. Ltd. A (688636) has net assets worth CN¥1.17 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¥1.82 Billion) and total liabilities (CN¥652.94 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¥1.17 Billion |
| % of Total Assets | 64.21% |
| Annual Growth Rate | 30.19% |
| 5-Year Change | 197.67% |
| 10-Year Change | N/A |
| Growth Volatility | 43.54 |
Chengdu Zhimingda Electronics Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Chengdu Zhimingda Electronics 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 Chengdu Zhimingda Electronics Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Chengdu Zhimingda Electronics Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.10 Billion | +1.67% |
| 2023-12-31 | CN¥1.09 Billion | +10.58% |
| 2022-12-31 | CN¥982.42 Million | +10.81% |
| 2021-12-31 | CN¥886.60 Million | +138.94% |
| 2020-12-31 | CN¥371.06 Million | +28.74% |
| 2019-12-31 | CN¥288.23 Million | +23.44% |
| 2018-12-31 | CN¥233.50 Million | +34.06% |
| 2017-12-31 | CN¥174.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu Zhimingda Electronics 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 7137.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥428.17 Million | 38.76% |
| Common Stock | CN¥112.56 Million | 10.19% |
| Other Components | CN¥563.80 Million | 51.04% |
| Total Equity | CN¥1.10 Billion | 100.00% |
Chengdu Zhimingda Electronics Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Chengdu Zhimingda Electronics Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MIPS AB
ST:MIPS
|
$547.26 Million |
|
Wilh. Wilhelmsen
PINK:WLHSF
|
$547.34 Million |
|
Yulon Finance Corp
TW:9941
|
$547.58 Million |
|
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S.
IS:EUPWR
|
$547.62 Million |
|
Dogan Sirketler Grubu Holding AS
IS:DOHOL
|
$547.17 Million |
|
AF Gruppen ASA
OTCGREY:AGRUF
|
$547.02 Million |
|
Ziraat Gayrimenkul Yatirim Ortakligi AS
IS:ZRGYO
|
$547.02 Million |
|
Pan-International Industrial Corp
TW:2328
|
$547.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Zhimingda Electronics Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,086,349,579 to 1,104,532,867, a change of 18,183,288 (1.7%).
- Net income of 19,454,997 contributed positively to equity growth.
- Dividend payments of 18,591,289 reduced retained earnings.
- Share repurchases of 2,534,081 reduced equity.
- Other factors increased equity by 19,853,661.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥19.45 Million | +1.76% |
| Dividends Paid | CN¥18.59 Million | -1.68% |
| Share Repurchases | CN¥2.53 Million | -0.23% |
| Other Changes | CN¥19.85 Million | +1.8% |
| Total Change | CN¥- | 1.67% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Zhimingda Electronics 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: 4.37x
- 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 27.43x to 4.37x 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¥1.57 | CN¥43.04 | x |
| 2018-12-31 | CN¥2.10 | CN¥43.04 | x |
| 2019-12-31 | CN¥2.60 | CN¥43.04 | x |
| 2020-12-31 | CN¥9.84 | CN¥43.04 | x |
| 2021-12-31 | CN¥7.99 | CN¥43.04 | x |
| 2022-12-31 | CN¥8.81 | CN¥43.04 | x |
| 2023-12-31 | CN¥9.67 | CN¥43.04 | x |
| 2024-12-31 | CN¥9.86 | CN¥43.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Zhimingda Electronics 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): 1.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.44%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.38x
- Recent ROE (1.76%) is below the historical average (14.37%), 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 | 13.66% | 13.93% | 0.57x | 1.73x | CN¥6.38 Million |
| 2018 | 26.75% | 26.61% | 0.60x | 1.68x | CN¥39.12 Million |
| 2019 | 20.63% | 22.81% | 0.57x | 1.59x | CN¥30.64 Million |
| 2020 | 23.06% | 26.36% | 0.54x | 1.62x | CN¥48.48 Million |
| 2021 | 12.58% | 24.81% | 0.35x | 1.47x | CN¥22.85 Million |
| 2022 | 7.67% | 13.93% | 0.36x | 1.53x | CN¥-22.88 Million |
| 2023 | 8.86% | 14.52% | 0.43x | 1.41x | CN¥-12.38 Million |
| 2024 | 1.76% | 4.44% | 0.29x | 1.38x | CN¥-91.00 Million |
Industry Comparison
This section compares Chengdu Zhimingda Electronics Co. Ltd. A's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,549,622,281
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Zhimingda Electronics Co. Ltd. A (688636) | CN¥1.17 Billion | 13.66% | 0.56x | $547.23 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $3.49 Billion | 20.34% | 0.48x | $4.21 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $172.34 Million | 10.88% | 1.56x | $4.11 Billion |
| TPV Technology Co Ltd (000727) | $555.60 Million | -88.79% | 1.39x | $917.87 Million |
| Inspur Electronic Info Industr (000977) | $900.93 Million | 4.81% | 0.23x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $665.52 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.68K |
| Ninestar Corp (002180) | $322.23 Million | 8.58% | 0.16x | $2.12 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $337.64 Million | 61.25% | 0.41x | $15.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 1.62% | 0.12x | $265.22 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $599.23 Million |