Addsino Co Ltd (000547) - Net Assets
Based on the latest financial reports, Addsino Co Ltd (000547) has net assets worth CN¥5.48 Billion CNY (≈ $802.57 Million USD) 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 ≈ $1.50 Billion USD) and total liabilities (CN¥4.74 Billion ≈ $692.95 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 asset resilience ratio of Addsino Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Addsino Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Addsino Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.03 Billion ≈ $882.59 Million |
-23.36% |
| 2023-12-31 | CN¥7.87 Billion ≈ $1.15 Billion |
-22.78% |
| 2022-12-31 | CN¥10.19 Billion ≈ $1.49 Billion |
+1.99% |
| 2021-12-31 | CN¥9.99 Billion ≈ $1.46 Billion |
+6.93% |
| 2020-12-31 | CN¥9.34 Billion ≈ $1.37 Billion |
+14.11% |
| 2019-12-31 | CN¥8.19 Billion ≈ $1.20 Billion |
+13.31% |
| 2018-12-31 | CN¥7.23 Billion ≈ $1.06 Billion |
+27.30% |
| 2017-12-31 | CN¥5.68 Billion ≈ $830.79 Million |
+5.25% |
| 2016-12-31 | CN¥5.39 Billion ≈ $789.34 Million |
-1.95% |
| 2015-12-31 | CN¥5.50 Billion ≈ $805.07 Million |
+125.90% |
| 2014-12-31 | CN¥2.44 Billion ≈ $356.38 Million |
+36.97% |
| 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 |
+266.36% |
| 2006-12-31 | CN¥484.27 Million ≈ $70.86 Million |
+5.43% |
| 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 |
+5.56% |
| 2000-12-31 | CN¥427.26 Million ≈ $62.52 Million |
+9.10% |
| 1999-12-31 | CN¥391.63 Million ≈ $57.31 Million |
+14.02% |
| 1998-12-31 | CN¥343.46 Million ≈ $50.26 Million |
+54.05% |
| 1997-12-31 | CN¥222.95 Million ≈ $32.63 Million |
+4.94% |
| 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 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.
| Company | Market Cap |
|---|---|
|
New Hope Liuhe Co Ltd
SHE:000876
|
$5.75 Billion |
|
Qilu Bank Co Ltd
SHG:601665
|
$5.75 Billion |
|
Wangsu Science Tech
SHE:300017
|
$5.76 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
$5.76 Billion |
|
Bullish
NYSE:BLSH
|
$5.75 Billion |
|
Portland General Electric Co
NYSE:POR
|
$5.75 Billion |
|
Enpro Industries
NYSE:NPO
|
$5.74 Billion |
|
Onex Corp
TO:ONEX
|
$5.74 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 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: 7.55x
- 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 1309.24x to 7.55x 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¥24.58 | x |
| 1992-12-31 | CN¥0.06 | CN¥24.58 | x |
| 1993-12-31 | CN¥0.14 | CN¥24.58 | x |
| 1994-12-31 | CN¥0.17 | CN¥24.58 | x |
| 1995-12-31 | CN¥0.25 | CN¥24.58 | x |
| 1996-12-31 | CN¥0.33 | CN¥24.58 | x |
| 1997-12-31 | CN¥0.34 | CN¥24.58 | x |
| 1998-12-31 | CN¥0.53 | CN¥24.58 | x |
| 1999-12-31 | CN¥0.60 | CN¥24.58 | x |
| 2000-12-31 | CN¥0.64 | CN¥24.58 | x |
| 2001-12-31 | CN¥0.66 | CN¥24.58 | x |
| 2002-12-31 | CN¥0.67 | CN¥24.58 | x |
| 2003-12-31 | CN¥0.68 | CN¥24.58 | x |
| 2004-12-31 | CN¥0.69 | CN¥24.58 | x |
| 2005-12-31 | CN¥0.65 | CN¥24.58 | x |
| 2006-12-31 | CN¥0.66 | CN¥24.58 | x |
| 2007-12-31 | CN¥2.64 | CN¥24.58 | x |
| 2008-12-31 | CN¥1.40 | CN¥24.58 | x |
| 2009-12-31 | CN¥1.77 | CN¥24.58 | x |
| 2010-12-31 | CN¥2.02 | CN¥24.58 | x |
| 2011-12-31 | CN¥1.99 | CN¥24.58 | x |
| 2012-12-31 | CN¥1.89 | CN¥24.58 | x |
| 2013-12-31 | CN¥2.01 | CN¥24.58 | x |
| 2014-12-31 | CN¥2.53 | CN¥24.58 | x |
| 2015-12-31 | CN¥5.91 | CN¥24.58 | x |
| 2016-12-31 | CN¥3.62 | CN¥24.58 | x |
| 2017-12-31 | CN¥3.64 | CN¥24.58 | x |
| 2018-12-31 | CN¥4.75 | CN¥24.58 | x |
| 2019-12-31 | CN¥4.87 | CN¥24.58 | x |
| 2020-12-31 | CN¥5.25 | CN¥24.58 | x |
| 2021-12-31 | CN¥5.62 | CN¥24.58 | x |
| 2022-12-31 | CN¥5.57 | CN¥24.58 | x |
| 2023-12-31 | CN¥4.29 | CN¥24.58 | x |
| 2024-12-31 | CN¥3.26 | CN¥24.58 | 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: $3,159,649,844
- Average return on equity (ROE) among peers: -0.05%
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 | $5.75 Billion |
| ZTE Corp (000063) | $12.89 Billion | 9.72% | 2.04x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $1.26 Billion | 4.41% | 1.07x | $2.38 Billion |
| Sichuan Huiyuan Optical Com (000586) | $301.15 Million | 8.68% | 0.71x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $2.31 Billion | 12.98% | 1.49x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.95 Billion | 4.92% | 0.86x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $4.31 Billion | 8.91% | 1.38x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.15 Billion | 1.16% | 0.67x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $377.97 Million | -53.76% | 1.52x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $1.89 Billion | 2.50% | 1.29x | $1.71 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 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