ZJBC Information Technology Co Ltd (000889) - Net Assets
Based on the latest financial reports, ZJBC Information Technology Co Ltd (000889) has net assets worth CN¥71.11 Million CNY (≈ $10.41 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¥889.19 Million ≈ $130.12 Million USD) and total liabilities (CN¥818.07 Million ≈ $119.71 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 how resilient are ZJBC Information Technology Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥71.11 Million |
| % of Total Assets | 8.0% |
| Annual Growth Rate | 0.07% |
| 5-Year Change | -95.71% |
| 10-Year Change | -95.54% |
| Growth Volatility | 40.1 |
ZJBC Information Technology Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how ZJBC Information Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of ZJBC Information Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for ZJBC Information Technology Co Ltd (1994–2024)
The table below shows the annual net assets of ZJBC Information Technology Co Ltd from 1994 to 2024. For live valuation and market cap data, see market value of ZJBC Information Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥100.48 Million ≈ $14.70 Million |
-26.09% |
| 2023-12-31 | CN¥135.95 Million ≈ $19.89 Million |
-48.05% |
| 2022-12-31 | CN¥261.68 Million ≈ $38.29 Million |
-22.68% |
| 2021-12-31 | CN¥338.44 Million ≈ $49.52 Million |
-85.56% |
| 2020-12-31 | CN¥2.34 Billion ≈ $342.91 Million |
+0.89% |
| 2019-12-31 | CN¥2.32 Billion ≈ $339.87 Million |
-35.53% |
| 2018-12-31 | CN¥3.60 Billion ≈ $527.17 Million |
+35.38% |
| 2017-12-31 | CN¥2.66 Billion ≈ $389.39 Million |
+8.40% |
| 2016-12-31 | CN¥2.45 Billion ≈ $359.22 Million |
+9.08% |
| 2015-12-31 | CN¥2.25 Billion ≈ $329.31 Million |
+6.59% |
| 2014-12-31 | CN¥2.11 Billion ≈ $308.95 Million |
+80.78% |
| 2013-12-31 | CN¥1.17 Billion ≈ $170.90 Million |
+7.51% |
| 2012-12-31 | CN¥1.09 Billion ≈ $158.95 Million |
+47.76% |
| 2011-12-31 | CN¥735.16 Million ≈ $107.58 Million |
+10.54% |
| 2010-12-31 | CN¥665.05 Million ≈ $97.32 Million |
+4.50% |
| 2009-12-31 | CN¥636.40 Million ≈ $93.13 Million |
-8.67% |
| 2008-12-31 | CN¥696.79 Million ≈ $101.96 Million |
+0.54% |
| 2007-12-31 | CN¥693.06 Million ≈ $101.42 Million |
+0.69% |
| 2006-12-31 | CN¥688.32 Million ≈ $100.72 Million |
+0.00% |
| 2005-12-31 | CN¥688.31 Million ≈ $100.72 Million |
-11.08% |
| 2004-12-31 | CN¥774.08 Million ≈ $113.27 Million |
+1.70% |
| 2003-12-31 | CN¥761.13 Million ≈ $111.38 Million |
+0.37% |
| 2002-12-31 | CN¥758.31 Million ≈ $110.96 Million |
+5.23% |
| 2001-12-31 | CN¥720.64 Million ≈ $105.45 Million |
-1.21% |
| 2000-12-31 | CN¥729.46 Million ≈ $106.74 Million |
+125.87% |
| 1999-12-31 | CN¥322.96 Million ≈ $47.26 Million |
+18.95% |
| 1998-12-31 | CN¥271.50 Million ≈ $39.73 Million |
+6.69% |
| 1997-12-31 | CN¥254.46 Million ≈ $37.24 Million |
+105.47% |
| 1996-12-31 | CN¥123.85 Million ≈ $18.12 Million |
+19.73% |
| 1995-12-31 | CN¥103.44 Million ≈ $15.14 Million |
+5.26% |
| 1994-12-31 | CN¥98.28 Million ≈ $14.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ZJBC Information Technology 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 2937823.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥936.29 Million | 933.35% |
| Other Components | CN¥1.59 Billion | 1589.10% |
| Total Equity | CN¥100.32 Million | 100.00% |
ZJBC Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of ZJBC Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tongqinglou Dining Co Ltd
SHG:605108
|
$605.70 Million |
|
Sturm Ruger & Company Inc
NYSE:RGR
|
$605.75 Million |
|
Idaho Strategic Resources Inc
NYSE MKT:IDR
|
$605.76 Million |
|
Tianjin Tianbao Infrastructure Co Ltd
SHE:000965
|
$605.76 Million |
|
Contrel Technology Co Ltd
TWO:8064
|
$605.57 Million |
|
Wecome Pharmaceutical Co Ltd
SHE:300878
|
$605.54 Million |
|
iQIYI Inc
F:IQ8
|
$605.53 Million |
|
Shanghai Labway Clinical Laboratory Co Ltd
SHE:301060
|
$605.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZJBC Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 135,748,912 to 100,315,482, a change of -35,433,430 (-26.1%).
- Net loss of 35,433,429 reduced equity.
- Dividend payments of 2,389,782 reduced retained earnings.
- Other factors increased equity by 2,389,781.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-35.43 Million | -35.32% |
| Dividends Paid | CN¥2.39 Million | -2.38% |
| Other Changes | CN¥2.39 Million | +2.38% |
| Total Change | CN¥- | -26.10% |
Book Value vs Market Value Analysis
This analysis compares ZJBC Information Technology 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: 41.30x
- 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 42.11x to 41.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.10 | CN¥4.42 | x |
| 1995-12-31 | CN¥0.11 | CN¥4.42 | x |
| 1996-12-31 | CN¥0.13 | CN¥4.42 | x |
| 1997-12-31 | CN¥0.27 | CN¥4.42 | x |
| 1998-12-31 | CN¥0.29 | CN¥4.42 | x |
| 1999-12-31 | CN¥0.34 | CN¥4.42 | x |
| 2000-12-31 | CN¥0.77 | CN¥4.42 | x |
| 2001-12-31 | CN¥0.76 | CN¥4.42 | x |
| 2002-12-31 | CN¥1.59 | CN¥4.42 | x |
| 2003-12-31 | CN¥1.60 | CN¥4.42 | x |
| 2004-12-31 | CN¥1.63 | CN¥4.42 | x |
| 2005-12-31 | CN¥1.45 | CN¥4.42 | x |
| 2006-12-31 | CN¥1.43 | CN¥4.42 | x |
| 2007-12-31 | CN¥1.43 | CN¥4.42 | x |
| 2008-12-31 | CN¥1.45 | CN¥4.42 | x |
| 2009-12-31 | CN¥1.33 | CN¥4.42 | x |
| 2010-12-31 | CN¥1.39 | CN¥4.42 | x |
| 2011-12-31 | CN¥1.17 | CN¥4.42 | x |
| 2012-12-31 | CN¥1.73 | CN¥4.42 | x |
| 2013-12-31 | CN¥1.86 | CN¥4.42 | x |
| 2014-12-31 | CN¥3.27 | CN¥4.42 | x |
| 2015-12-31 | CN¥2.58 | CN¥4.42 | x |
| 2016-12-31 | CN¥2.82 | CN¥4.42 | x |
| 2017-12-31 | CN¥3.06 | CN¥4.42 | x |
| 2018-12-31 | CN¥4.06 | CN¥4.42 | x |
| 2019-12-31 | CN¥2.48 | CN¥4.42 | x |
| 2020-12-31 | CN¥2.51 | CN¥4.42 | x |
| 2021-12-31 | CN¥0.36 | CN¥4.42 | x |
| 2022-12-31 | CN¥0.28 | CN¥4.42 | x |
| 2023-12-31 | CN¥0.14 | CN¥4.42 | x |
| 2024-12-31 | CN¥0.11 | CN¥4.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZJBC Information Technology 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): -35.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.42%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 9.18x
- Recent ROE (-35.32%) is below the historical average (-20.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 13.59% | 9.37% | 0.85x | 1.72x | CN¥3.53 Million |
| 1995 | 16.81% | 8.49% | 0.78x | 2.54x | CN¥7.04 Million |
| 1996 | 24.74% | 10.45% | 0.82x | 2.87x | CN¥18.26 Million |
| 1997 | 10.06% | 7.01% | 0.88x | 1.64x | CN¥152.13K |
| 1998 | 6.27% | 5.54% | 0.48x | 2.38x | CN¥-10.11 Million |
| 1999 | 18.73% | 17.17% | 0.48x | 2.25x | CN¥27.69 Million |
| 2000 | 7.90% | 12.74% | 0.36x | 1.71x | CN¥-15.20 Million |
| 2001 | 9.11% | 12.78% | 0.34x | 2.11x | CN¥-6.35 Million |
| 2002 | 5.02% | 6.09% | 0.38x | 2.19x | CN¥-37.31 Million |
| 2003 | 3.17% | 4.60% | 0.30x | 2.32x | CN¥-51.41 Million |
| 2004 | 2.10% | 2.64% | 0.36x | 2.24x | CN¥-60.61 Million |
| 2005 | -11.69% | -13.67% | 0.35x | 2.44x | CN¥-147.71 Million |
| 2006 | 0.34% | 0.29% | 0.48x | 2.38x | CN¥-65.77 Million |
| 2007 | 0.49% | 0.42% | 0.46x | 2.53x | CN¥-65.20 Million |
| 2008 | 0.52% | 0.33% | 0.68x | 2.29x | CN¥-65.30 Million |
| 2009 | -9.45% | -5.05% | 0.84x | 2.22x | CN¥-122.44 Million |
| 2010 | 4.62% | 2.15% | 0.93x | 2.30x | CN¥-35.50 Million |
| 2011 | 9.61% | 4.15% | 1.07x | 2.17x | CN¥-2.83 Million |
| 2012 | 10.20% | 5.72% | 1.05x | 1.69x | CN¥2.12 Million |
| 2013 | 7.99% | 4.41% | 1.22x | 1.48x | CN¥-23.42 Million |
| 2014 | 4.69% | 5.14% | 0.68x | 1.33x | CN¥-111.92 Million |
| 2015 | 6.83% | 6.93% | 0.65x | 1.51x | CN¥-71.44 Million |
| 2016 | 8.96% | 12.12% | 0.61x | 1.22x | CN¥-25.53 Million |
| 2017 | 8.59% | 10.85% | 0.65x | 1.21x | CN¥-37.52 Million |
| 2018 | 7.02% | 8.34% | 0.57x | 1.48x | CN¥-107.38 Million |
| 2019 | -53.40% | -39.21% | 0.81x | 1.68x | CN¥-1.47 Billion |
| 2020 | 0.86% | 0.78% | 0.69x | 1.59x | CN¥-214.11 Million |
| 2021 | -593.31% | -102.76% | 1.32x | 4.37x | CN¥-2.04 Billion |
| 2022 | -30.24% | -5.21% | 1.17x | 4.97x | CN¥-105.14 Million |
| 2023 | -92.30% | -8.77% | 1.58x | 6.67x | CN¥-138.87 Million |
| 2024 | -35.32% | -2.42% | 1.59x | 9.18x | CN¥-45.46 Million |
Industry Comparison
This section compares ZJBC Information Technology Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,287,295,392
- Average return on equity (ROE) among peers: 3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZJBC Information Technology Co Ltd (000889) | CN¥71.11 Million | 13.59% | 11.50x | $605.58 Million |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About ZJBC Information Technology Co Ltd
ZJBC Information Technology Co., Ltd, through its subsidiaries, offers information intelligent transmission services in China. The company also provides communication network maintenance services, such as operation management, fault repair, and routine maintenance for network resources owned by communication operators and tower companies. In addition, it offers business process outsourcing servic… Read more