Suzhou Recodeal Interconnect System Co Ltd Net Assets
Suzhou Recodeal Interconnect System Co Ltd net assets. Based on the latest financial reports, Suzhou Recodeal Interconnect System Co Ltd (688800) has net assets worth CN¥2.55 Billion CNY (≈ $372.45 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.92 Billion ≈ $866.80 Million USD) and total liabilities (CN¥3.38 Billion ≈ $494.36 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. Also explore 688800 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.55 Billion |
| % of Total Assets | 42.97% |
| Annual Growth Rate | 31.75% |
| 5-Year Change | 152.12% |
| 10-Year Change | 585.34% |
| Growth Volatility | 35.31 |
Net Assets of Suzhou Recodeal Interconnect System Co Ltd (2012–2025)
Net assets of Suzhou Recodeal Interconnect System Co Ltd from 2012 to 2025. This chart illustrates how Suzhou Recodeal Interconnect System Co Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Suzhou Recodeal Interconnect System Co L's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Suzhou Recodeal Interconnect System Co Ltd (2012–2025)
The table below shows the annual net assets of Suzhou Recodeal Interconnect System Co Ltd from 2012 to 2025. For live market cap and overall valuation, see Suzhou Recodeal Interconnect System Co L stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.52 Billion ≈ $368.09 Million |
+18.00% |
| 2024-12-31 | CN¥2.13 Billion ≈ $311.94 Million |
+7.98% |
| 2023-12-31 | CN¥1.97 Billion ≈ $288.88 Million |
+4.41% |
| 2022-12-31 | CN¥1.89 Billion ≈ $276.67 Million |
+89.50% |
| 2021-12-31 | CN¥997.71 Million ≈ $146.00 Million |
+86.80% |
| 2020-12-31 | CN¥534.12 Million ≈ $78.16 Million |
+12.73% |
| 2019-12-31 | CN¥473.81 Million ≈ $69.33 Million |
+7.11% |
| 2018-12-31 | CN¥442.37 Million ≈ $64.73 Million |
+8.95% |
| 2017-12-31 | CN¥406.02 Million ≈ $59.41 Million |
+10.62% |
| 2016-12-31 | CN¥367.04 Million ≈ $53.71 Million |
+79.44% |
| 2015-12-31 | CN¥204.55 Million ≈ $29.93 Million |
+95.32% |
| 2014-12-31 | CN¥104.72 Million ≈ $15.32 Million |
+31.43% |
| 2013-12-31 | CN¥79.68 Million ≈ $11.66 Million |
+14.16% |
| 2012-12-31 | CN¥69.80 Million ≈ $10.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Recodeal Interconnect System 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 grown by 10175.4% over the analyzed period, indicating profitable operations and earnings retention.
Suzhou Recodeal Interconnect System Co Ltd Net Assets Breakdown (December 2025)
Suzhou Recodeal Interconnect System Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥996.68 Million | 40.23% |
| Other Components | CN¥1.48 Billion | 59.77% |
| Total Equity | CN¥2.48 Billion | 100.00% |
Suzhou Recodeal Interconnect System Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Recodeal Interconnect System Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WEIBO CORP. A
F:2WB
|
$1.01 Billion |
|
Allied Machinery Co. Ltd.
SHG:605060
|
$1.01 Billion |
|
Chengdu CORPRO Technology Co Ltd
SHE:300101
|
$1.02 Billion |
|
Kraken Robotics Inc
V:PNG
|
$1.02 Billion |
|
Miracle Automation Engineering
SHE:002009
|
$1.01 Billion |
|
Pegavision
TW:6491
|
$1.01 Billion |
|
Auto Partner SA
WAR:APR
|
$1.01 Billion |
|
Hexatronic Group AB
ST:HTRO
|
$1.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Recodeal Interconnect System Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,095,392,838 to 2,477,674,452, a change of 382,281,614 (18.2%).
- Net income of 307,071,100 contributed positively to equity growth.
- Dividend payments of 76,583,228 reduced retained earnings.
- Other comprehensive income decreased equity by 70,632,084.
- Other factors increased equity by 222,425,827.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥307.07 Million | +12.39% |
| Dividends Paid | CN¥76.58 Million | -3.09% |
| Other Comprehensive Income | CN¥-70.63 Million | -2.85% |
| Other Changes | CN¥222.43 Million | +8.98% |
| Total Change | CN¥- | 18.24% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Recodeal Interconnect System 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: 2.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 42.89x to 2.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.79 | CN¥33.70 | x |
| 2013-12-31 | CN¥1.35 | CN¥33.70 | x |
| 2014-12-31 | CN¥1.14 | CN¥33.70 | x |
| 2015-12-31 | CN¥2.14 | CN¥33.70 | x |
| 2016-12-31 | CN¥3.54 | CN¥33.70 | x |
| 2017-12-31 | CN¥3.57 | CN¥33.70 | x |
| 2018-12-31 | CN¥3.00 | CN¥33.70 | x |
| 2019-12-31 | CN¥3.24 | CN¥33.70 | x |
| 2020-12-31 | CN¥3.62 | CN¥33.70 | x |
| 2021-12-31 | CN¥5.92 | CN¥33.70 | x |
| 2022-12-31 | CN¥9.48 | CN¥33.70 | x |
| 2023-12-31 | CN¥9.40 | CN¥33.70 | x |
| 2024-12-31 | CN¥10.21 | CN¥33.70 | x |
| 2025-12-31 | CN¥12.10 | CN¥33.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Recodeal Interconnect System 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): 12.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.72%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.39x
- Recent ROE (12.39%) is above the historical average (11.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.84% | 5.49% | 0.90x | 1.79x | CN¥-810.10K |
| 2013 | 11.15% | 7.55% | 1.00x | 1.47x | CN¥914.45K |
| 2014 | 18.18% | 10.99% | 0.99x | 1.68x | CN¥8.57 Million |
| 2015 | 18.04% | 19.39% | 0.51x | 1.82x | CN¥16.44 Million |
| 2016 | 11.49% | 13.61% | 0.48x | 1.74x | CN¥5.44 Million |
| 2017 | 13.00% | 12.50% | 0.55x | 1.90x | CN¥12.13 Million |
| 2018 | 8.60% | 8.45% | 0.55x | 1.85x | CN¥-6.20 Million |
| 2019 | 8.83% | 8.27% | 0.61x | 1.76x | CN¥-5.59 Million |
| 2020 | 13.80% | 12.06% | 0.64x | 1.80x | CN¥20.26 Million |
| 2021 | 11.42% | 12.63% | 0.59x | 1.54x | CN¥14.13 Million |
| 2022 | 13.39% | 15.55% | 0.54x | 1.58x | CN¥63.96 Million |
| 2023 | 7.04% | 8.80% | 0.46x | 1.76x | CN¥-57.54 Million |
| 2024 | 8.36% | 7.26% | 0.56x | 2.06x | CN¥-34.27 Million |
| 2025 | 12.39% | 9.72% | 0.53x | 2.39x | CN¥59.30 Million |
Industry Comparison
This section compares Suzhou Recodeal Interconnect System Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,966,024,532
- Average return on equity (ROE) among peers: -4.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Recodeal Interconnect System Co Ltd (688800) | CN¥2.55 Billion | 8.84% | 1.33x | $1.01 Billion |
| XJ Electric Co Ltd (000400) | $7.55 Billion | 11.51% | 0.89x | $3.28 Billion |
| Guangdong Macro Co Ltd (000533) | $1.15 Billion | 5.40% | 1.14x | $845.10 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.63 Billion | 8.51% | 0.08x | $867.22 Million |
| Dongfang Electronics Co Ltd (000682) | $218.91 Million | -129.82% | 5.97x | $1.81 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $252.43 Million | 22.90% | 1.38x | $560.80 Million |
| Huagong Tech Co Ltd (000988) | $6.69 Billion | 8.23% | 0.66x | $9.14 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $476.40 Million | 11.31% | 1.40x | $1.16 Billion |
| Sieyuan Electric Co Ltd (002028) | $9.44 Billion | 12.94% | 0.67x | $11.68 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $180.55 Million | -0.36% | 0.21x | $366.50 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $6.00 Billion |
About Suzhou Recodeal Interconnect System Co Ltd
Suzhou Recodeal Interconnect System Co.,Ltd develops, produces, and sells connection systems, microwave components and other products in China and internationally. The company offers energy vehicle connection, communication interconnection, industrial, vehicle communication, CCS, and BUSBAR copper bar systems, as well as cable assembles and wiring harness products. Its products are primarily used… Read more