Vontron Technology Co Ltd

SHE:000920 China Railroads
Market Cap
$872.81 Million
CN¥6.40 Billion CNY
Market Cap Rank
#11357 Global
#2649 in China
Share Price
CN¥13.55
Change (1 day)
-0.29%
52-Week Range
CN¥8.34 - CN¥14.50
All Time High
CN¥22.53
About

Vontron Technology Co., Ltd. researches, develops, manufactures, and sells separation membranes and related materials in China and internationally. The company offers reverse osmosis, desalination, fouling resistant, oxidation resistant, nanofiltration, ultrafiltration, and special separation and residential membranes that are used in bottled water, municipal drinking water, industrial pure water… Read more

Vontron Technology Co Ltd (000920) - Net Assets

Latest net assets as of September 2025: CN¥2.17 Billion CNY

Based on the latest financial reports, Vontron Technology Co Ltd (000920) has net assets worth CN¥2.17 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¥2.84 Billion) and total liabilities (CN¥667.94 Million). 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¥2.17 Billion
% of Total Assets 76.46%
Annual Growth Rate 11.03%
5-Year Change 46.7%
10-Year Change 90.64%
Growth Volatility 69.98

Vontron Technology Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Vontron Technology 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 Vontron Technology Co Ltd (1996–2024)

The table below shows the annual net assets of Vontron Technology Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.05 Billion +6.68%
2023-12-31 CN¥1.92 Billion +2.26%
2022-12-31 CN¥1.88 Billion +34.66%
2021-12-31 CN¥1.40 Billion -0.14%
2020-12-31 CN¥1.40 Billion +11.03%
2019-12-31 CN¥1.26 Billion +28.37%
2018-12-31 CN¥981.31 Million +1.23%
2017-12-31 CN¥969.40 Million +7.47%
2016-12-31 CN¥902.03 Million -16.19%
2015-12-31 CN¥1.08 Billion -1.39%
2014-12-31 CN¥1.09 Billion -18.67%
2013-12-31 CN¥1.34 Billion +12.55%
2012-12-31 CN¥1.19 Billion +16.23%
2011-12-31 CN¥1.03 Billion +6.02%
2010-12-31 CN¥967.65 Million -7.04%
2009-12-31 CN¥1.04 Billion +17.62%
2008-12-31 CN¥885.05 Million -33.52%
2007-12-31 CN¥1.33 Billion +100.90%
2006-12-31 CN¥662.69 Million -17.75%
2005-12-31 CN¥805.74 Million -43.87%
2004-12-31 CN¥1.44 Billion +35.41%
2003-12-31 CN¥1.06 Billion +39.01%
2002-12-31 CN¥762.62 Million +24.31%
2001-12-31 CN¥613.49 Million +5.08%
2000-12-31 CN¥583.83 Million +3.02%
1999-12-31 CN¥566.70 Million +358.62%
1998-12-31 CN¥123.57 Million +2.41%
1997-12-31 CN¥120.66 Million +10.13%
1996-12-31 CN¥109.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Vontron 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 grown by 103135251900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.03 Billion 55.15%
Common Stock CN¥472.62 Million 25.27%
Other Comprehensive Income CN¥14.22 Million 0.76%
Other Components CN¥351.77 Million 18.81%
Total Equity CN¥1.87 Billion 100.00%

Vontron Technology Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,796,603,051 to 1,869,971,449, a change of 73,368,398 (4.1%).
  • Net income of 197,683,033 contributed positively to equity growth.
  • Dividend payments of 81,763,453 reduced retained earnings.
  • Other comprehensive income increased equity by 67,122,169.
  • Other factors decreased equity by 109,673,351.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥197.68 Million +10.57%
Dividends Paid CN¥81.76 Million -4.37%
Other Comprehensive Income CN¥67.12 Million +3.59%
Other Changes CN¥-109.67 Million -5.86%
Total Change CN¥- 4.08%

Book Value vs Market Value Analysis

This analysis compares Vontron 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: 3.41x
  • 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 52.23x to 3.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.26 CN¥13.55 x
1997-12-31 CN¥0.29 CN¥13.55 x
1998-12-31 CN¥0.29 CN¥13.55 x
1999-12-31 CN¥1.34 CN¥13.55 x
2000-12-31 CN¥1.38 CN¥13.55 x
2001-12-31 CN¥1.43 CN¥13.55 x
2002-12-31 CN¥1.49 CN¥13.55 x
2003-12-31 CN¥2.18 CN¥13.55 x
2004-12-31 CN¥2.18 CN¥13.55 x
2005-12-31 CN¥1.76 CN¥13.55 x
2006-12-31 CN¥1.45 CN¥13.55 x
2007-12-31 CN¥3.00 CN¥13.55 x
2008-12-31 CN¥1.93 CN¥13.55 x
2009-12-31 CN¥2.22 CN¥13.55 x
2010-12-31 CN¥2.07 CN¥13.55 x
2011-12-31 CN¥2.13 CN¥13.55 x
2012-12-31 CN¥2.37 CN¥13.55 x
2013-12-31 CN¥2.56 CN¥13.55 x
2014-12-31 CN¥2.23 CN¥13.55 x
2015-12-31 CN¥2.16 CN¥13.55 x
2016-12-31 CN¥1.83 CN¥13.55 x
2017-12-31 CN¥2.00 CN¥13.55 x
2018-12-31 CN¥2.05 CN¥13.55 x
2019-12-31 CN¥2.59 CN¥13.55 x
2020-12-31 CN¥2.88 CN¥13.55 x
2021-12-31 CN¥3.02 CN¥13.55 x
2022-12-31 CN¥4.13 CN¥13.55 x
2023-12-31 CN¥3.82 CN¥13.55 x
2024-12-31 CN¥3.97 CN¥13.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vontron 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): 10.57%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.34%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 1.49x
  • Recent ROE (10.57%) is above the historical average (9.18%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 23.67% 9.58% 0.97x 2.55x CN¥14.97 Million
1997 30.91% 12.45% 1.08x 2.29x CN¥25.23 Million
1998 40.81% 18.52% 1.06x 2.08x CN¥38.07 Million
1999 10.07% 20.10% 0.41x 1.21x CN¥406.18K
2000 12.70% 18.13% 0.45x 1.57x CN¥15.74 Million
2001 15.33% 18.80% 0.56x 1.46x CN¥32.17 Million
2002 15.31% 17.74% 0.44x 1.96x CN¥33.41 Million
2003 6.69% 6.60% 0.51x 1.98x CN¥-30.46 Million
2004 1.07% 0.72% 0.39x 3.78x CN¥-82.14 Million
2005 -20.16% -12.97% 0.75x 2.06x CN¥-224.26 Million
2006 -22.02% -12.50% 0.85x 2.08x CN¥-195.74 Million
2007 1.01% 0.96% 0.68x 1.55x CN¥-113.98 Million
2008 2.91% 1.72% 0.98x 1.73x CN¥-58.09 Million
2009 3.51% 3.34% 0.64x 1.64x CN¥-62.08 Million
2010 6.61% 3.99% 0.99x 1.67x CN¥-29.62 Million
2011 6.47% 3.28% 0.95x 2.08x CN¥-31.62 Million
2012 5.92% 2.68% 1.11x 2.00x CN¥-40.83 Million
2013 6.03% 2.85% 0.92x 2.29x CN¥-42.89 Million
2014 19.28% 8.85% 1.31x 1.66x CN¥87.82 Million
2015 9.26% 9.30% 0.54x 1.84x CN¥-6.68 Million
2016 12.58% 9.77% 0.56x 2.28x CN¥20.25 Million
2017 13.50% 10.57% 0.60x 2.15x CN¥29.69 Million
2018 10.24% 7.97% 0.55x 2.35x CN¥2.06 Million
2019 8.43% 8.12% 0.52x 1.99x CN¥-17.17 Million
2020 8.71% 8.45% 0.50x 2.07x CN¥-15.75 Million
2021 9.51% 8.79% 0.56x 1.92x CN¥-6.26 Million
2022 8.24% 9.92% 0.50x 1.66x CN¥-30.92 Million
2023 9.17% 9.66% 0.69x 1.37x CN¥-14.92 Million
2024 10.57% 11.34% 0.63x 1.49x CN¥10.69 Million

Industry Comparison

This section compares Vontron Technology Co Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $2,961,546,300
  • Average return on equity (ROE) among peers: 4.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vontron Technology Co Ltd (000920) CN¥2.17 Billion 23.67% 0.31x $402.70 Million
China High-Speed Railway Technology (000008) $540.83 Million 7.24% 0.13x $619.07 Million
Nanjing Zhongbei Group Co Ltd (000421) $545.89 Million 18.19% 3.34x $269.49 Million
Ningxia Western Venture Industrial Co Ltd (000557) $-280.00 Million 0.00% 0.00x $573.05 Million
China Railway Materials Co Ltd (000927) $3.21 Billion -14.95% 1.55x $782.90 Million
China Railway Special Cargo Logistics Co. Ltd. (001213) $17.98 Billion 2.17% 0.09x $419.62 Million
Changzhou Evergreen Technology Co. Ltd. A (001324) $1.09 Billion 6.59% 0.24x $169.48 Million
HeNan Splendor Science & Technology Co Ltd (002296) $723.83 Million 13.20% 0.36x $539.03 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $1.39 Billion 4.26% 0.96x $441.62 Million
Tianjin Keyvia Electric Co Ltd (300407) $1.45 Billion 5.88% 0.85x $387.27 Million