Vontron Technology Co Ltd (000920) - Net Assets

Latest as of March 2026: CN¥2.20 Billion CNY ≈ $321.45 Million USD

Based on the latest financial reports, Vontron Technology Co Ltd (000920) has net assets worth CN¥2.20 Billion CNY (≈ $321.45 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¥2.88 Billion ≈ $421.43 Million USD) and total liabilities (CN¥683.23 Million ≈ $99.98 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 tangible equity quality of Vontron Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.20 Billion
% of Total Assets	76.28%
Annual Growth Rate	10.96%
5-Year Change	60.0%
10-Year Change	147.75%
Growth Volatility	68.8

Vontron Technology Co Ltd - Net Assets Trend (1996–2025)

This chart illustrates how Vontron Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 000920 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Vontron Technology Co Ltd (1996–2025)

The table below shows the annual net assets of Vontron Technology Co Ltd from 1996 to 2025. For live valuation and market cap data, see market value of Vontron Technology Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥2.23 Billion ≈ $327.02 Million	+8.92%
2024-12-31	CN¥2.05 Billion ≈ $300.25 Million	+6.68%
2023-12-31	CN¥1.92 Billion ≈ $281.44 Million	+2.26%
2022-12-31	CN¥1.88 Billion ≈ $275.22 Million	+34.66%
2021-12-31	CN¥1.40 Billion ≈ $204.38 Million	-0.14%
2020-12-31	CN¥1.40 Billion ≈ $204.67 Million	+11.03%
2019-12-31	CN¥1.26 Billion ≈ $184.34 Million	+28.37%
2018-12-31	CN¥981.31 Million ≈ $143.60 Million	+1.23%
2017-12-31	CN¥969.40 Million ≈ $141.85 Million	+7.47%
2016-12-31	CN¥902.03 Million ≈ $131.99 Million	-16.19%
2015-12-31	CN¥1.08 Billion ≈ $157.49 Million	-1.39%
2014-12-31	CN¥1.09 Billion ≈ $159.71 Million	-18.67%
2013-12-31	CN¥1.34 Billion ≈ $196.38 Million	+12.55%
2012-12-31	CN¥1.19 Billion ≈ $174.48 Million	+16.23%
2011-12-31	CN¥1.03 Billion ≈ $150.12 Million	+6.02%
2010-12-31	CN¥967.65 Million ≈ $141.60 Million	-7.04%
2009-12-31	CN¥1.04 Billion ≈ $152.33 Million	+17.62%
2008-12-31	CN¥885.05 Million ≈ $129.51 Million	-33.52%
2007-12-31	CN¥1.33 Billion ≈ $194.82 Million	+100.90%
2006-12-31	CN¥662.69 Million ≈ $96.97 Million	-17.75%
2005-12-31	CN¥805.74 Million ≈ $117.90 Million	-43.87%
2004-12-31	CN¥1.44 Billion ≈ $210.05 Million	+35.41%
2003-12-31	CN¥1.06 Billion ≈ $155.13 Million	+39.01%
2002-12-31	CN¥762.62 Million ≈ $111.60 Million	+24.31%
2001-12-31	CN¥613.49 Million ≈ $89.77 Million	+5.08%
2000-12-31	CN¥583.83 Million ≈ $85.43 Million	+3.02%
1999-12-31	CN¥566.70 Million ≈ $82.93 Million	+358.62%
1998-12-31	CN¥123.57 Million ≈ $18.08 Million	+2.41%
1997-12-31	CN¥120.66 Million ≈ $17.66 Million	+10.13%
1996-12-31	CN¥109.56 Million ≈ $16.03 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 113382079100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.13 Billion	56.89%
Common Stock	CN¥472.62 Million	23.71%
Other Comprehensive Income	CN¥34.93 Million	1.75%
Other Components	CN¥351.77 Million	17.65%
Total Equity	CN¥1.99 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.

Company	Market Cap
Taiyuan Heavy Industry Co Ltd SHG:600169	$1.04 Billion
Jiangxi Yuean Advanced Materials Co Ltd SHG:688786	$1.04 Billion
Total Gabon F:RZW	$1.04 Billion
OceanFirst Financial Corp. NASDAQ:OCFC	$1.04 Billion
MYT Netherlands Parent BV NYSE:MYTE	$1.04 Billion
Neo Performance Materials Inc TO:NEO	$1.04 Billion
Asiana Airline KO:020560	$1.04 Billion
Sarawak Oil Palms Bhd KLSE:5126	$1.04 Billion

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 2024 to 2025, total equity changed from 1,869,971,449 to 1,993,148,059, a change of 123,176,610 (6.6%).
Net income of 220,547,443 contributed positively to equity growth.
Dividend payments of 97,832,563 reduced retained earnings.
Other comprehensive income increased equity by 20,708,336.
Other factors decreased equity by 20,246,606.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥220.55 Million	+11.07%
Dividends Paid	CN¥97.83 Million	-4.91%
Other Comprehensive Income	CN¥20.71 Million	+1.04%
Other Changes	CN¥-20.25 Million	-1.02%
Total Change	CN¥-	6.59%

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: 3.56x
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 57.85x to 3.56x 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¥15.01	x
1997-12-31	CN¥0.29	CN¥15.01	x
1998-12-31	CN¥0.29	CN¥15.01	x
1999-12-31	CN¥1.34	CN¥15.01	x
2000-12-31	CN¥1.38	CN¥15.01	x
2001-12-31	CN¥1.43	CN¥15.01	x
2002-12-31	CN¥1.49	CN¥15.01	x
2003-12-31	CN¥2.18	CN¥15.01	x
2004-12-31	CN¥2.18	CN¥15.01	x
2005-12-31	CN¥1.76	CN¥15.01	x
2006-12-31	CN¥1.45	CN¥15.01	x
2007-12-31	CN¥3.00	CN¥15.01	x
2008-12-31	CN¥1.93	CN¥15.01	x
2009-12-31	CN¥2.22	CN¥15.01	x
2010-12-31	CN¥2.07	CN¥15.01	x
2011-12-31	CN¥2.13	CN¥15.01	x
2012-12-31	CN¥2.37	CN¥15.01	x
2013-12-31	CN¥2.56	CN¥15.01	x
2014-12-31	CN¥2.23	CN¥15.01	x
2015-12-31	CN¥2.16	CN¥15.01	x
2016-12-31	CN¥1.83	CN¥15.01	x
2017-12-31	CN¥2.00	CN¥15.01	x
2018-12-31	CN¥2.05	CN¥15.01	x
2019-12-31	CN¥2.61	CN¥15.01	x
2020-12-31	CN¥2.87	CN¥15.01	x
2021-12-31	CN¥3.05	CN¥15.01	x
2022-12-31	CN¥4.13	CN¥15.01	x
2023-12-31	CN¥3.82	CN¥15.01	x
2024-12-31	CN¥3.97	CN¥15.01	x
2025-12-31	CN¥4.22	CN¥15.01	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): 11.07%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.99%
• Asset Turnover: 0.68x
• Equity Multiplier: 1.48x
Recent ROE (11.07%) is above the historical average (9.27%), 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	6.63%	3.14%	0.92x	2.29x	CN¥-36.37 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
2025	11.07%	10.99%	0.68x	1.48x	CN¥21.23 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: $1,209,184,133
Average return on equity (ROE) among peers: 15.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Vontron Technology Co Ltd (000920)	CN¥2.20 Billion	23.67%	0.31x	$1.04 Billion
China High-Speed Railway Technology (000008)	$72.85 Million	52.97%	0.25x	$973.85 Million
Nanjing Zhongbei Group Co Ltd (000421)	$1.26 Billion	5.29%	0.92x	$442.13 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-925.76 Million	0.00%	0.00x	$796.00 Million
China Railway Materials Co Ltd (000927)	$5.89 Billion	17.94%	3.13x	$2.16 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$125.09 Million	26.56%	0.74x	$535.87 Million
Sichuan Fulin Transportation Group Co Ltd (002357)	$1.09 Billion	16.50%	1.62x	$463.32 Million
Tianjin Keyvia Electric Co Ltd (300407)	$987.25 Million	6.50%	1.04x	$585.27 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.60 Billion	6.06%	0.63x	$1.25 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$785.51 Million	8.98%	0.20x	$858.70 Million

About Vontron Technology Co Ltd

SHE:000920 China Railroads

Market Cap

$1.04 Billion

CN¥7.09 Billion CNY

Market Cap Rank

#8909 Global

#2238 in China

Share Price

CN¥15.01

Change (1 day)

-0.20%

52-Week Range

CN¥9.80 - CN¥15.04

All Time High

CN¥22.53