Dhc Software Co Ltd (002065) - Net Assets

Latest as of September 2025: CN¥12.65 Billion CNY ≈ $1.85 Billion USD

Based on the latest financial reports, Dhc Software Co Ltd (002065) has net assets worth CN¥12.65 Billion CNY (≈ $1.85 Billion 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¥25.81 Billion ≈ $3.78 Billion USD) and total liabilities (CN¥13.16 Billion ≈ $1.93 Billion 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 Dhc Software Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥12.65 Billion
% of Total Assets 49.01%
Annual Growth Rate 25.63%
5-Year Change 24.2%
10-Year Change 44.57%
Growth Volatility 39.93

Dhc Software Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Dhc Software Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Dhc Software Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Dhc Software Co Ltd (2003–2024)

The table below shows the annual net assets of Dhc Software Co Ltd from 2003 to 2024. For live valuation and market cap data, see market value of Dhc Software Co Ltd.

Year Net Assets Change
2024-12-31 CN¥12.45 Billion
≈ $1.82 Billion		 +3.66%
2023-12-31 CN¥12.01 Billion
≈ $1.76 Billion		 +4.64%
2022-12-31 CN¥11.48 Billion
≈ $1.68 Billion		 +3.33%
2021-12-31 CN¥11.11 Billion
≈ $1.63 Billion		 +10.81%
2020-12-31 CN¥10.02 Billion
≈ $1.47 Billion		 +4.42%
2019-12-31 CN¥9.60 Billion
≈ $1.40 Billion		 +3.54%
2018-12-31 CN¥9.27 Billion
≈ $1.36 Billion		 +2.77%
2017-12-31 CN¥9.02 Billion
≈ $1.32 Billion		 +1.29%
2016-12-31 CN¥8.91 Billion
≈ $1.30 Billion		 +3.43%
2015-12-31 CN¥8.61 Billion
≈ $1.26 Billion		 +36.79%
2014-12-31 CN¥6.29 Billion
≈ $921.16 Million		 +69.47%
2013-12-31 CN¥3.71 Billion
≈ $543.54 Million		 +34.29%
2012-12-31 CN¥2.77 Billion
≈ $404.75 Million		 +21.98%
2011-12-31 CN¥2.27 Billion
≈ $331.81 Million		 +44.13%
2010-12-31 CN¥1.57 Billion
≈ $230.22 Million		 +21.39%
2009-12-31 CN¥1.30 Billion
≈ $189.66 Million		 +19.62%
2008-12-31 CN¥1.08 Billion
≈ $158.55 Million		 +67.93%
2007-12-31 CN¥645.21 Million
≈ $94.41 Million		 +14.98%
2006-12-31 CN¥561.16 Million
≈ $82.12 Million		 +183.48%
2005-12-31 CN¥197.95 Million
≈ $28.97 Million		 +36.37%
2004-12-31 CN¥145.16 Million
≈ $21.24 Million		 +40.51%
2003-12-31 CN¥103.31 Million
≈ $15.12 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Dhc Software 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 12047.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.97 Billion 41.42%
Common Stock CN¥3.21 Billion 26.69%
Other Comprehensive Income CN¥912.15 Million 7.59%
Other Components CN¥2.92 Billion 24.30%
Total Equity CN¥12.01 Billion 100.00%

Dhc Software Co Ltd Competitors by Market Cap

The table below lists competitors of Dhc Software Co Ltd ranked by their market capitalization.

Company Market Cap
Wonik Ips Co. Ltd
KQ:240810
 $3.86 Billion
Industrias CH S. A. B. de C. V
MX:ICHB
 $3.86 Billion
CSSC Offshore & Marine Engineering Group Co Ltd
SHG:600685
 $3.86 Billion
Bill Com Holdings Inc
NYSE:BILL
 $3.87 Billion
Escorts Kubota Limited
NSE:ESCORTS
 $3.86 Billion
PT Trimegah Bangun Persada Tbk
JK:NCKL
 $3.86 Billion
Hualan Biological EngineeringInc
SHE:002007
 $3.86 Billion
Graham Holdings Co
NYSE:GHC
 $3.86 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 11,480,590,261 to 12,010,461,186, a change of 529,870,925 (4.6%).
  • Net income of 499,706,781 contributed positively to equity growth.
  • Dividend payments of 320,055,801 reduced retained earnings.
  • Other comprehensive income increased equity by 908,469,351.
  • Other factors decreased equity by 558,249,406.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥499.71 Million +4.16%
Dividends Paid CN¥320.06 Million -2.66%
Other Comprehensive Income CN¥908.47 Million +7.56%
Other Changes CN¥-558.25 Million -4.65%
Total Change CN¥- 4.62%

Book Value vs Market Value Analysis

This analysis compares Dhc Software 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: 2.20x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 130.66x to 2.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥0.06 CN¥8.23 x
2004-12-31 CN¥0.09 CN¥8.23 x
2005-12-31 CN¥0.12 CN¥8.23 x
2006-12-31 CN¥0.32 CN¥8.23 x
2007-12-31 CN¥0.27 CN¥8.23 x
2008-12-31 CN¥0.41 CN¥8.23 x
2009-12-31 CN¥0.48 CN¥8.23 x
2010-12-31 CN¥0.59 CN¥8.23 x
2011-12-31 CN¥0.83 CN¥8.23 x
2012-12-31 CN¥1.00 CN¥8.23 x
2013-12-31 CN¥1.34 CN¥8.23 x
2014-12-31 CN¥2.11 CN¥8.23 x
2015-12-31 CN¥2.75 CN¥8.23 x
2016-12-31 CN¥2.80 CN¥8.23 x
2017-12-31 CN¥2.83 CN¥8.23 x
2018-12-31 CN¥2.93 CN¥8.23 x
2019-12-31 CN¥3.06 CN¥8.23 x
2020-12-31 CN¥3.18 CN¥8.23 x
2021-12-31 CN¥3.41 CN¥8.23 x
2022-12-31 CN¥3.48 CN¥8.23 x
2023-12-31 CN¥3.58 CN¥8.23 x
2024-12-31 CN¥3.75 CN¥8.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dhc Software 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): 4.16%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.75%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 2.04x
  • Recent ROE (4.16%) is below the historical average (14.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 35.83% 17.05% 0.88x 2.38x CN¥26.68 Million
2004 27.99% 12.59% 1.00x 2.22x CN¥26.11 Million
2005 29.37% 12.66% 1.00x 2.33x CN¥38.34 Million
2006 12.91% 11.94% 0.67x 1.62x CN¥16.31 Million
2007 14.69% 11.87% 0.73x 1.70x CN¥30.24 Million
2008 16.40% 15.33% 0.62x 1.72x CN¥69.36 Million
2009 18.60% 15.56% 0.78x 1.53x CN¥111.42 Million
2010 20.20% 17.09% 0.78x 1.51x CN¥160.26 Million
2011 18.57% 16.28% 0.77x 1.48x CN¥194.22 Million
2012 20.58% 16.30% 0.87x 1.45x CN¥292.58 Million
2013 20.75% 17.43% 0.74x 1.62x CN¥399.43 Million
2014 16.52% 20.09% 0.65x 1.26x CN¥409.86 Million
2015 13.43% 20.28% 0.50x 1.31x CN¥291.50 Million
2016 10.24% 13.89% 0.52x 1.42x CN¥21.39 Million
2017 7.46% 9.11% 0.52x 1.59x CN¥-225.68 Million
2018 8.79% 9.52% 0.53x 1.74x CN¥-111.09 Million
2019 6.13% 6.60% 0.53x 1.77x CN¥-368.68 Million
2020 5.55% 6.00% 0.49x 1.90x CN¥-441.07 Million
2021 4.21% 4.22% 0.52x 1.93x CN¥-632.40 Million
2022 3.59% 3.38% 0.53x 1.99x CN¥-715.03 Million
2023 3.82% 3.80% 0.49x 2.06x CN¥-709.63 Million
2024 4.16% 3.75% 0.54x 2.04x CN¥-701.34 Million

Industry Comparison

This section compares Dhc Software Co Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $2,685,890,489
  • Average return on equity (ROE) among peers: 8.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Dhc Software Co Ltd (002065) CN¥12.65 Billion 35.83% 1.04x $3.86 Billion
Digital China Information Service Co Ltd (000555) $139.31 Million -4.65% 0.18x $1.96 Billion
Fujian Newland Computer Co Ltd (000997) $6.43 Billion 7.07% 0.84x $2.95 Billion
YGSOFT Inc (002063) $1.66 Billion 20.55% 0.10x $1.76 Billion
Zhejiang Netsun Co Ltd (002095) $350.09 Million 12.04% 0.13x $597.98 Million
Montnets Cloud Technology Group Co Ltd (002123) $2.29 Billion 3.31% 0.92x $1.12 Billion
Beijing Shiji Information Technology Co Ltd (002153) $1.33 Billion 22.18% 0.15x $4.03 Billion
Shanghai 2345 Network Holding Group (002195) $9.41 Billion 2.25% 0.05x $7.14 Billion
Iflytek Co Ltd (002230) $1.19 Billion 11.18% 0.21x $16.17 Billion
Qiming Information Technology Co Ltd (002232) $1.38 Billion 5.29% 0.61x $1.06 Billion

About Dhc Software Co Ltd

SHE:002065 China Software - Application
Market Cap
$3.86 Billion
CN¥26.38 Billion CNY
Market Cap Rank
#4235 Global
#739 in China
Share Price
CN¥8.23
Change (1 day)
+0.00%
52-Week Range
CN¥7.75 - CN¥12.17
All Time High
CN¥16.56
Categories
Companies in China Software - Application Technology AI & Machine Learning
About

DHC Software Co.,Ltd. provides application software development, computer information system integration, and information technology services in China. The company offers smart hospital, health, elderly care, and medical insurance, as well as internet healthcare products. It also provides financial products and solutions for banks, trusts, consumer finance companies, finance companies, rental com… Read more