Zhejiang Supcon Technology Co. Ltd. A

SHG:688777 China Electrical Equipment & Parts
Market Cap
$7.67 Billion
CN¥56.28 Billion CNY
Market Cap Rank
#2453 Global
#158 in China
Share Price
CN¥71.13
Change (1 day)
+0.20%
52-Week Range
CN¥42.67 - CN¥92.00
All Time High
CN¥92.00
About

Supcon Technology Co.,Ltd provides industrial automation and intelligent manufacturing solutions in China, Asia-Pacific, the Middle East, Africa, Europe, and internationally. The company offers production process automation, enterprise operation automation, and industrial automation and manufacturing solutions, including control system instruments and software; industrial software; instruments; o… Read more

Zhejiang Supcon Technology Co. Ltd. A (688777) - Net Assets

Latest net assets as of September 2025: CN¥10.29 Billion CNY

Based on the latest financial reports, Zhejiang Supcon Technology Co. Ltd. A (688777) has net assets worth CN¥10.29 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¥18.38 Billion) and total liabilities (CN¥8.09 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¥10.29 Billion
% of Total Assets 56.0%
Annual Growth Rate 36.13%
5-Year Change 158.49%
10-Year Change N/A
Growth Volatility 39.66

Zhejiang Supcon Technology Co. Ltd. A - Net Assets Trend (2016–2024)

This chart illustrates how Zhejiang Supcon 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 Zhejiang Supcon Technology Co. Ltd. A (2016–2024)

The table below shows the annual net assets of Zhejiang Supcon Technology Co. Ltd. A from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.43 Billion +4.94%
2023-12-31 CN¥9.94 Billion +86.96%
2022-12-31 CN¥5.32 Billion +16.05%
2021-12-31 CN¥4.58 Billion +13.53%
2020-12-31 CN¥4.04 Billion +118.10%
2019-12-31 CN¥1.85 Billion +56.42%
2018-12-31 CN¥1.18 Billion +31.03%
2017-12-31 CN¥902.71 Million +2.09%
2016-12-31 CN¥884.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Supcon 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 1839.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.09 Billion 29.94%
Common Stock CN¥790.59 Million 7.67%
Other Comprehensive Income CN¥441.30 Million 4.28%
Other Components CN¥5.99 Billion 58.11%
Total Equity CN¥10.31 Billion 100.00%

Zhejiang Supcon Technology Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Zhejiang Supcon Technology Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Supcon Technology Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,824,957,267 to 10,308,609,923, a change of 483,652,656 (4.9%).
  • Net income of 1,116,986,727 contributed positively to equity growth.
  • Dividend payments of 568,256,315 reduced retained earnings.
  • Share repurchases of 110,858,053 reduced equity.
  • Other comprehensive income increased equity by 48,559,267.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.12 Billion +10.84%
Dividends Paid CN¥568.26 Million -5.51%
Share Repurchases CN¥110.86 Million -1.08%
Other Comprehensive Income CN¥48.56 Million +0.47%
Other Changes CN¥-2.78 Million -0.03%
Total Change CN¥- 4.92%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Supcon 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: 5.43x
  • 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 47.26x to 5.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥1.51 CN¥71.13 x
2017-12-31 CN¥2.18 CN¥71.13 x
2018-12-31 CN¥2.92 CN¥71.13 x
2019-12-31 CN¥2.56 CN¥71.13 x
2020-12-31 CN¥5.59 CN¥71.13 x
2021-12-31 CN¥9.07 CN¥71.13 x
2022-12-31 CN¥7.23 CN¥71.13 x
2023-12-31 CN¥12.75 CN¥71.13 x
2024-12-31 CN¥13.11 CN¥71.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Supcon 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): 10.84%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.22%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 1.78x
  • Recent ROE (10.84%) is below the historical average (14.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 5.96% 3.44% 0.56x 3.11x CN¥-34.66 Million
2017 18.77% 9.53% 0.57x 3.47x CN¥76.38 Million
2018 24.63% 13.35% 0.58x 3.19x CN¥169.16 Million
2019 20.06% 14.41% 0.50x 2.78x CN¥183.31 Million
2020 10.62% 13.40% 0.38x 2.06x CN¥24.70 Million
2021 12.85% 12.87% 0.44x 2.29x CN¥129.16 Million
2022 15.18% 12.05% 0.51x 2.48x CN¥272.14 Million
2023 11.21% 12.78% 0.48x 1.82x CN¥119.27 Million
2024 10.84% 12.22% 0.50x 1.78x CN¥86.13 Million

Industry Comparison

This section compares Zhejiang Supcon Technology Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,439,846,079
  • Average return on equity (ROE) among peers: 10.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Supcon Technology Co. Ltd. A (688777) CN¥10.29 Billion 5.96% 0.79x $5.95 Billion
XJ Electric Co Ltd (000400) $7.55 Billion 11.51% 0.89x $2.54 Billion
Guangdong Macro Co Ltd (000533) $971.33 Million 13.39% 1.48x $880.32 Million
Foshan Electrical and Lighting Co Ltd (000541) $2.39 Billion 11.14% 0.11x $703.62 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.47 Billion 5.33% 0.99x $366.05 Million
Huagong Tech Co Ltd (000988) $1.16 Billion 4.84% 1.06x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $873.58 Million 10.72% 0.86x $889.01 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $5.66 Billion 12.76% 0.31x $1.58 Billion
Guangdong Xinyaguang Cable Co (001382) $1.22 Billion 11.09% 0.26x $212.27 Million
Sieyuan Electric Co Ltd (002028) $2.91 Billion 32.63% 0.33x $15.18 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.06 Million -9.17% 0.66x $222.14 Million