Addsino Co Ltd (000547) - Net Assets
Based on the latest financial reports, Addsino Co Ltd (000547) has net assets worth CN¥4.49 Billion CNY (≈ $657.23 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¥8.63 Billion ≈ $1.26 Billion USD) and total liabilities (CN¥4.14 Billion ≈ $605.78 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. Check Addsino Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.49 Billion |
| % of Total Assets | 52.04% |
| Annual Growth Rate | 19.09% |
| 5-Year Change | -53.32% |
| 10-Year Change | -14.4% |
| Growth Volatility | 199.83 |
Addsino Co Ltd - Net Assets Trend (1991–2025)
This chart illustrates how Addsino Co Ltd's net assets have evolved over time, based on quarterly financial data. See 000547 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Addsino Co Ltd (1991–2025)
The table below shows the annual net assets of Addsino Co Ltd from 1991 to 2025. For live valuation and market cap data, see market value of Addsino Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.62 Billion ≈ $675.65 Million |
-23.45% |
| 2024-12-31 | CN¥6.03 Billion ≈ $882.59 Million |
-23.39% |
| 2023-12-31 | CN¥7.87 Billion ≈ $1.15 Billion |
-22.02% |
| 2022-12-31 | CN¥10.10 Billion ≈ $1.48 Billion |
+2.06% |
| 2021-12-31 | CN¥9.89 Billion ≈ $1.45 Billion |
+6.84% |
| 2020-12-31 | CN¥9.26 Billion ≈ $1.35 Billion |
+13.66% |
| 2019-12-31 | CN¥8.15 Billion ≈ $1.19 Billion |
+13.18% |
| 2018-12-31 | CN¥7.20 Billion ≈ $1.05 Billion |
+24.22% |
| 2017-12-31 | CN¥5.79 Billion ≈ $847.93 Million |
+7.42% |
| 2016-12-31 | CN¥5.39 Billion ≈ $789.34 Million |
-3.07% |
| 2015-12-31 | CN¥5.57 Billion ≈ $814.36 Million |
+1148.45% |
| 2014-12-31 | CN¥445.76 Million ≈ $65.23 Million |
-74.93% |
| 2013-12-31 | CN¥1.78 Billion ≈ $260.19 Million |
+0.94% |
| 2012-12-31 | CN¥1.76 Billion ≈ $257.77 Million |
+6.88% |
| 2011-12-31 | CN¥1.65 Billion ≈ $241.17 Million |
+22.21% |
| 2010-12-31 | CN¥1.35 Billion ≈ $197.34 Million |
+13.65% |
| 2009-12-31 | CN¥1.19 Billion ≈ $173.64 Million |
+26.05% |
| 2008-12-31 | CN¥941.36 Million ≈ $137.75 Million |
-46.94% |
| 2007-12-31 | CN¥1.77 Billion ≈ $259.62 Million |
+251.81% |
| 2006-12-31 | CN¥504.30 Million ≈ $73.79 Million |
+9.79% |
| 2005-12-31 | CN¥459.32 Million ≈ $67.21 Million |
-4.98% |
| 2004-12-31 | CN¥483.41 Million ≈ $70.74 Million |
+3.35% |
| 2003-12-31 | CN¥467.76 Million ≈ $68.45 Million |
+1.90% |
| 2002-12-31 | CN¥459.04 Million ≈ $67.17 Million |
+1.78% |
| 2001-12-31 | CN¥451.00 Million ≈ $66.00 Million |
+7.54% |
| 2000-12-31 | CN¥419.39 Million ≈ $61.37 Million |
+7.39% |
| 1999-12-31 | CN¥390.54 Million ≈ $57.15 Million |
+19.75% |
| 1998-12-31 | CN¥326.13 Million ≈ $47.72 Million |
+46.30% |
| 1997-12-31 | CN¥222.91 Million ≈ $32.62 Million |
+4.92% |
| 1996-12-31 | CN¥212.45 Million ≈ $31.09 Million |
+32.04% |
| 1995-12-31 | CN¥160.91 Million ≈ $23.55 Million |
+49.67% |
| 1994-12-31 | CN¥107.51 Million ≈ $15.73 Million |
+18.41% |
| 1993-12-31 | CN¥90.79 Million ≈ $13.29 Million |
+151.19% |
| 1992-12-31 | CN¥36.15 Million ≈ $5.29 Million |
+197.80% |
| 1991-12-31 | CN¥12.14 Million ≈ $1.78 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 184539826990.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥5.73 Billion | 147.54% |
| Total Equity | CN¥3.88 Billion | 100.00% |
Addsino Co Ltd Competitors by Market Cap
The table below lists competitors of Addsino Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCOR.ADR1/10/EO-78769723
F:SDRB
|
$4.62 Billion |
|
Jiangsu Guoxin Corp Ltd
SHE:002608
|
$4.62 Billion |
|
Enagás S.A.
MC:ENG
|
$4.62 Billion |
|
LG Display Co Ltd
NYSE:LPL
|
$4.62 Billion |
|
Hongta Securities Co Ltd
SHG:601236
|
$4.61 Billion |
|
Bumrungrad Hospital PCL
BK:BH
|
$4.61 Billion |
|
Bumrungrad Hospital Public Company Limited
BK:BH-R
|
$4.61 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
$4.60 Billion |
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 2024 to 2025, total equity changed from 5,188,954,276 to 3,881,655,724, a change of -1,307,298,552 (-25.2%).
- Net loss of 1,308,632,661 reduced equity.
- Dividend payments of 30,596,159 reduced retained earnings.
- Other comprehensive income decreased equity by 168,026,197.
- Other factors increased equity by 199,956,464.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.31 Billion | -33.71% |
| Dividends Paid | CN¥30.60 Million | -0.79% |
| Other Comprehensive Income | CN¥-168.03 Million | -4.33% |
| Other Changes | CN¥199.96 Million | +5.15% |
| Total Change | CN¥- | -25.19% |
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: 8.12x
- 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 1050.37x to 8.12x 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¥19.72 | x |
| 1992-12-31 | CN¥0.06 | CN¥19.72 | x |
| 1993-12-31 | CN¥0.14 | CN¥19.72 | x |
| 1994-12-31 | CN¥0.17 | CN¥19.72 | x |
| 1995-12-31 | CN¥0.25 | CN¥19.72 | x |
| 1996-12-31 | CN¥0.33 | CN¥19.72 | x |
| 1997-12-31 | CN¥0.34 | CN¥19.72 | x |
| 1998-12-31 | CN¥0.50 | CN¥19.72 | x |
| 1999-12-31 | CN¥0.60 | CN¥19.72 | x |
| 2000-12-31 | CN¥0.63 | CN¥19.72 | x |
| 2001-12-31 | CN¥0.66 | CN¥19.72 | x |
| 2002-12-31 | CN¥0.67 | CN¥19.72 | x |
| 2003-12-31 | CN¥0.68 | CN¥19.72 | x |
| 2004-12-31 | CN¥0.69 | CN¥19.72 | x |
| 2005-12-31 | CN¥0.65 | CN¥19.72 | x |
| 2006-12-31 | CN¥0.69 | CN¥19.72 | x |
| 2007-12-31 | CN¥2.64 | CN¥19.72 | x |
| 2008-12-31 | CN¥1.40 | CN¥19.72 | x |
| 2009-12-31 | CN¥1.77 | CN¥19.72 | x |
| 2010-12-31 | CN¥2.02 | CN¥19.72 | x |
| 2011-12-31 | CN¥1.99 | CN¥19.72 | x |
| 2012-12-31 | CN¥1.89 | CN¥19.72 | x |
| 2013-12-31 | CN¥2.01 | CN¥19.72 | x |
| 2014-12-31 | CN¥0.50 | CN¥19.72 | x |
| 2015-12-31 | CN¥5.94 | CN¥19.72 | x |
| 2016-12-31 | CN¥3.62 | CN¥19.72 | x |
| 2017-12-31 | CN¥3.69 | CN¥19.72 | x |
| 2018-12-31 | CN¥4.73 | CN¥19.72 | x |
| 2019-12-31 | CN¥4.85 | CN¥19.72 | x |
| 2020-12-31 | CN¥5.21 | CN¥19.72 | x |
| 2021-12-31 | CN¥5.58 | CN¥19.72 | x |
| 2022-12-31 | CN¥5.52 | CN¥19.72 | x |
| 2023-12-31 | CN¥4.29 | CN¥19.72 | x |
| 2024-12-31 | CN¥3.26 | CN¥19.72 | x |
| 2025-12-31 | CN¥2.43 | CN¥19.72 | 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): -33.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.33%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.42x
- Recent ROE (-33.71%) is below the historical average (3.69%), 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¥450.60K |
| 1998 | 0.10% | 0.42% | 0.15x | 1.56x | CN¥-32.29 Million |
| 1999 | 16.35% | 40.99% | 0.20x | 1.95x | CN¥24.66 Million |
| 2000 | 7.37% | 13.29% | 0.23x | 2.43x | CN¥-10.70 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 | 2.88% | 3.43% | 0.36x | 2.33x | CN¥-32.19 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 | 24.58% | 30.11% | 0.64x | 1.28x | CN¥65.14 Million |
| 2015 | 4.04% | 16.03% | 0.20x | 1.29x | CN¥-318.75 Million |
| 2016 | 4.69% | 11.95% | 0.29x | 1.34x | CN¥-275.98 Million |
| 2017 | 5.15% | 11.29% | 0.32x | 1.43x | CN¥-264.70 Million |
| 2018 | 6.55% | 12.75% | 0.38x | 1.36x | CN¥-236.33 Million |
| 2019 | 8.67% | 16.72% | 0.37x | 1.39x | CN¥-103.58 Million |
| 2020 | 9.65% | 18.21% | 0.36x | 1.49x | CN¥-28.88 Million |
| 2021 | 7.21% | 15.55% | 0.30x | 1.57x | CN¥-249.89 Million |
| 2022 | 0.41% | 1.01% | 0.24x | 1.65x | CN¥-848.46 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 |
| 2025 | -33.71% | -52.33% | 0.27x | 2.42x | CN¥-1.70 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: $1,235,939,872
- Average return on equity (ROE) among peers: -20.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Addsino Co Ltd (000547) | CN¥4.49 Billion | 24.38% | 0.92x | $4.61 Billion |
| ZTE Corp (000063) | $42.55 Million | 189.70% | 2.42x | $22.33 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.88 Billion | 11.20% | 1.46x | $2.73 Billion |
| Sichuan Huiyuan Optical Com (000586) | $260.80 Million | 1.16% | 1.11x | $431.95 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.39 Billion | -102.15% | 5.62x | $401.25 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $178.59 Million | 6.04% | 0.38x | $1.72 Billion |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $2.07 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $820.93 Million | -279.00% | 4.69x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $870.26 Million | -47.89% | 2.43x | $930.39 Million |
| Sunwave Communications Co Ltd (002115) | $112.36 Million | 24.04% | 1.27x | $1.39 Billion |
About Addsino Co Ltd
Addsino Co., Ltd., together with its subsidiaries, provides electronic information technology products to military and civilian industries in China. It offers digital simulation systems, semi-physical simulation systems, simulation equipment, target platforms, etc.; and marine equipment, power equipment, and space information applications. The company also provides military network communication … Read more