Addsino Co Ltd

SHE:000547 China Communication Equipment
Market Cap
$6.94 Billion
CN¥50.94 Billion CNY
Market Cap Rank
#3374 Global
#273 in China
Share Price
CN¥31.87
Change (1 day)
+2.71%
52-Week Range
CN¥6.55 - CN¥40.00
All Time High
CN¥40.00
About

Addsino Co., Ltd., together with its subsidiaries, provides electronic information technology products to military and civilian industries in China. It offers simulation systems, semi-physical simulation systems, simulation equipment, target platforms, etc.; and marine equipment, power equipment, and space information applications. The company also provides network management/service software, as… Read more

Addsino Co Ltd (000547) - Net Assets

Latest net assets as of September 2025: CN¥5.48 Billion CNY

Based on the latest financial reports, Addsino Co Ltd (000547) has net assets worth CN¥5.48 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¥10.22 Billion) and total liabilities (CN¥4.74 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¥5.48 Billion
% of Total Assets 53.67%
Annual Growth Rate 20.7%
5-Year Change -35.46%
10-Year Change 9.63%
Growth Volatility 63.21

Addsino Co Ltd - Net Assets Trend (1991–2024)

This chart illustrates how Addsino Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Addsino Co Ltd (1991–2024)

The table below shows the annual net assets of Addsino Co Ltd from 1991 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.03 Billion -23.36%
2023-12-31 CN¥7.87 Billion -22.78%
2022-12-31 CN¥10.19 Billion +1.99%
2021-12-31 CN¥9.99 Billion +6.93%
2020-12-31 CN¥9.34 Billion +14.11%
2019-12-31 CN¥8.19 Billion +13.31%
2018-12-31 CN¥7.23 Billion +27.30%
2017-12-31 CN¥5.68 Billion +5.25%
2016-12-31 CN¥5.39 Billion -1.95%
2015-12-31 CN¥5.50 Billion +125.90%
2014-12-31 CN¥2.44 Billion +36.97%
2013-12-31 CN¥1.78 Billion +0.94%
2012-12-31 CN¥1.76 Billion +6.88%
2011-12-31 CN¥1.65 Billion +22.21%
2010-12-31 CN¥1.35 Billion +13.65%
2009-12-31 CN¥1.19 Billion +26.05%
2008-12-31 CN¥941.36 Million -46.94%
2007-12-31 CN¥1.77 Billion +266.36%
2006-12-31 CN¥484.27 Million +5.43%
2005-12-31 CN¥459.32 Million -4.98%
2004-12-31 CN¥483.41 Million +3.35%
2003-12-31 CN¥467.76 Million +1.90%
2002-12-31 CN¥459.04 Million +1.78%
2001-12-31 CN¥451.00 Million +5.56%
2000-12-31 CN¥427.26 Million +9.10%
1999-12-31 CN¥391.63 Million +14.02%
1998-12-31 CN¥343.46 Million +54.05%
1997-12-31 CN¥222.95 Million +4.94%
1996-12-31 CN¥212.45 Million +32.04%
1995-12-31 CN¥160.91 Million +49.67%
1994-12-31 CN¥107.51 Million +18.41%
1993-12-31 CN¥90.79 Million +151.19%
1992-12-31 CN¥36.15 Million +197.80%
1991-12-31 CN¥12.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to Addsino 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 53676560910.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥358.38 Million 6.91%
Other Comprehensive Income CN¥168.03 Million 3.24%
Other Components CN¥5.20 Billion 100.20%
Total Equity CN¥5.19 Billion 100.00%

Addsino Co Ltd Competitors by Market Cap

The table below lists competitors of Addsino Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,862,212,012 to 5,188,954,276, a change of -1,673,257,736 (-24.4%).
  • Net loss of 1,672,729,454 reduced equity.
  • Dividend payments of 59,154,145 reduced retained earnings.
  • Other comprehensive income decreased equity by 130,615.
  • Other factors increased equity by 58,756,478.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.67 Billion -32.24%
Dividends Paid CN¥59.15 Million -1.14%
Other Comprehensive Income CN¥-130.62K -0.0%
Other Changes CN¥58.76 Million +1.13%
Total Change CN¥- -24.38%

Book Value vs Market Value Analysis

This analysis compares Addsino 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: 9.78x
  • 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 1697.54x to 9.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.02 CN¥31.87 x
1992-12-31 CN¥0.06 CN¥31.87 x
1993-12-31 CN¥0.14 CN¥31.87 x
1994-12-31 CN¥0.17 CN¥31.87 x
1995-12-31 CN¥0.25 CN¥31.87 x
1996-12-31 CN¥0.33 CN¥31.87 x
1997-12-31 CN¥0.34 CN¥31.87 x
1998-12-31 CN¥0.53 CN¥31.87 x
1999-12-31 CN¥0.60 CN¥31.87 x
2000-12-31 CN¥0.64 CN¥31.87 x
2001-12-31 CN¥0.66 CN¥31.87 x
2002-12-31 CN¥0.67 CN¥31.87 x
2003-12-31 CN¥0.68 CN¥31.87 x
2004-12-31 CN¥0.69 CN¥31.87 x
2005-12-31 CN¥0.65 CN¥31.87 x
2006-12-31 CN¥0.66 CN¥31.87 x
2007-12-31 CN¥2.64 CN¥31.87 x
2008-12-31 CN¥1.40 CN¥31.87 x
2009-12-31 CN¥1.77 CN¥31.87 x
2010-12-31 CN¥2.02 CN¥31.87 x
2011-12-31 CN¥1.99 CN¥31.87 x
2012-12-31 CN¥1.89 CN¥31.87 x
2013-12-31 CN¥2.01 CN¥31.87 x
2014-12-31 CN¥2.53 CN¥31.87 x
2015-12-31 CN¥5.91 CN¥31.87 x
2016-12-31 CN¥3.62 CN¥31.87 x
2017-12-31 CN¥3.64 CN¥31.87 x
2018-12-31 CN¥4.75 CN¥31.87 x
2019-12-31 CN¥4.87 CN¥31.87 x
2020-12-31 CN¥5.25 CN¥31.87 x
2021-12-31 CN¥5.62 CN¥31.87 x
2022-12-31 CN¥5.57 CN¥31.87 x
2023-12-31 CN¥4.29 CN¥31.87 x
2024-12-31 CN¥3.26 CN¥31.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Addsino 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): -32.24%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -89.51%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 2.19x
  • Recent ROE (-32.24%) is below the historical average (4.20%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 24.38% 6.42% 0.82x 4.62x CN¥1.75 Million
1992 12.04% 6.69% 0.69x 2.59x CN¥736.73K
1993 5.45% 4.63% 0.66x 1.78x CN¥-4.13 Million
1994 15.52% 16.01% 0.53x 1.83x CN¥5.94 Million
1995 11.80% 25.80% 0.24x 1.92x CN¥2.90 Million
1996 10.01% 28.34% 0.21x 1.71x CN¥27.71K
1997 10.20% 30.13% 0.21x 1.63x CN¥446.71K
1998 0.09% 0.42% 0.15x 1.53x CN¥-34.02 Million
1999 16.30% 40.99% 0.20x 1.95x CN¥24.55 Million
2000 7.22% 13.29% 0.23x 2.41x CN¥-11.50 Million
2001 5.10% 8.70% 0.23x 2.55x CN¥-20.98 Million
2002 0.60% 1.32% 0.17x 2.71x CN¥-40.51 Million
2003 1.71% 3.72% 0.17x 2.75x CN¥-36.34 Million
2004 2.09% 2.68% 0.32x 2.41x CN¥-35.44 Million
2005 -9.19% -8.95% 0.39x 2.62x CN¥-80.21 Million
2006 3.01% 3.43% 0.37x 2.39x CN¥-30.16 Million
2007 1.06% 4.14% 0.20x 1.30x CN¥-152.55 Million
2008 3.43% 7.31% 0.29x 1.61x CN¥-56.70 Million
2009 6.32% 17.98% 0.23x 1.56x CN¥-40.13 Million
2010 1.98% 5.50% 0.24x 1.51x CN¥-99.43 Million
2011 7.03% 26.21% 0.19x 1.43x CN¥-45.34 Million
2012 7.41% 28.42% 0.16x 1.59x CN¥-42.03 Million
2013 8.47% 25.82% 0.19x 1.74x CN¥-24.99 Million
2014 4.82% 30.11% 0.10x 1.53x CN¥-118.00 Million
2015 4.06% 16.03% 0.20x 1.28x CN¥-315.64 Million
2016 4.69% 11.95% 0.29x 1.34x CN¥-275.98 Million
2017 5.21% 11.29% 0.33x 1.41x CN¥-258.16 Million
2018 6.53% 12.75% 0.38x 1.36x CN¥-238.56 Million
2019 8.63% 16.72% 0.37x 1.39x CN¥-106.90 Million
2020 9.58% 18.21% 0.36x 1.48x CN¥-35.08 Million
2021 7.14% 15.55% 0.30x 1.55x CN¥-257.76 Million
2022 0.40% 1.01% 0.24x 1.64x CN¥-856.47 Million
2023 -28.04% -103.31% 0.14x 1.87x CN¥-2.61 Billion
2024 -32.24% -89.51% 0.16x 2.19x CN¥-2.19 Billion

Industry Comparison

This section compares Addsino Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $1,419,452,076
  • Average return on equity (ROE) among peers: 2.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Addsino Co Ltd (000547) CN¥5.48 Billion 24.38% 0.86x $3.84 Billion
Shenzhen SDG Information Co Ltd (000070) $2.97 Billion 0.38% 2.39x $1.17 Billion
Sichuan Huiyuan Optical Com (000586) $206.04 Million 9.02% 1.52x $241.69 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $148.27 Million -0.70% 0.35x $346.82 Million
Skyworth Digital Co Ltd (000810) $2.35 Billion 19.37% 1.24x $684.32 Million
Gohigh Data Networks Technology Co Ltd (000851) $3.24 Billion 2.47% 1.39x $51.64 Million
Shenzhen Coship Electronics Co Ltd (002052) $231.11 Million -66.53% 2.00x $850.17 Million
Sunwave Communications Co Ltd (002115) $1.89 Billion 2.50% 1.29x $1.17 Billion
Invengo Information Technology Co Ltd (002161) $1.61 Billion 1.18% 0.17x $671.61 Million
Bus Online Co Ltd (002188) $112.36 Million 54.84% 1.24x $193.28 Million