Netac Tech
Netac Technology Co., Ltd. engages in the research and development, production, and sale of storage products in the People's Republic of China and internationally. The company offers solid state drives, external storage products, memory products, USB flash drives, memory cards, and peripheral products. Its products are used in mobile phones, tablet computers, electronic computers, driving recorde… Read more
Netac Tech (300042) - Total Assets
Latest total assets as of September 2025: CN¥1.28 Billion CNY
Based on the latest financial reports, Netac Tech (300042) holds total assets worth CN¥1.28 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Netac Tech - Total Assets Trend (2006–2024)
This chart illustrates how Netac Tech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Netac Tech - Asset Composition Analysis
Current Asset Composition (December 2024)
Netac Tech's total assets of CN¥1.28 Billion consist of 75.6% current assets and 24.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 51.2% |
| Accounts Receivable | CN¥83.20 Million | 7.0% |
| Inventory | CN¥186.48 Million | 15.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.57 Million | 0.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Netac Tech's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Netac Tech's current assets represent 75.6% of total assets in 2024, a decrease from 93.0% in 2006.
- Cash Position: Cash and equivalents constituted 51.2% of total assets in 2024, up from 44.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 15.6% of total assets.
Netac Tech Competitors by Total Assets
Key competitors of Netac Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
Netac Tech - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Netac Tech generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Netac Tech is currently not profitable relative to its asset base.
Netac Tech - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.36 | 7.60 | 8.26 |
| Quick Ratio | 3.10 | 5.84 | 6.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥774.79 Million | CN¥ 816.42 Million | CN¥ 837.35 Million |
Netac Tech - Advanced Valuation Insights
This section examines the relationship between Netac Tech's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.70 |
| Latest Market Cap to Assets Ratio | 0.80 |
| Asset Growth Rate (YoY) | -12.9% |
| Total Assets | CN¥1.20 Billion |
| Market Capitalization | $957.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Netac Tech's assets below their book value (0.80 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Netac Tech's assets decreased by 12.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Netac Tech (2006–2024)
The table below shows the annual total assets of Netac Tech from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion | -12.87% |
| 2023-12-31 | CN¥1.37 Billion | +1.35% |
| 2022-12-31 | CN¥1.35 Billion | +7.74% |
| 2021-12-31 | CN¥1.26 Billion | +6.65% |
| 2020-12-31 | CN¥1.18 Billion | +8.62% |
| 2019-12-31 | CN¥1.09 Billion | +8.69% |
| 2018-12-31 | CN¥998.76 Million | +4.94% |
| 2017-12-31 | CN¥951.70 Million | +2.94% |
| 2016-12-31 | CN¥924.53 Million | +4.76% |
| 2015-12-31 | CN¥882.55 Million | +2.48% |
| 2014-12-31 | CN¥861.20 Million | -1.36% |
| 2013-12-31 | CN¥873.06 Million | -1.47% |
| 2012-12-31 | CN¥886.08 Million | -3.14% |
| 2011-12-31 | CN¥914.78 Million | +2.01% |
| 2010-12-31 | CN¥896.75 Million | -1.16% |
| 2009-12-31 | CN¥907.26 Million | +343.11% |
| 2008-12-31 | CN¥204.75 Million | +9.33% |
| 2007-12-31 | CN¥187.27 Million | +4.46% |
| 2006-12-31 | CN¥179.27 Million | -- |