Zhejiang Netsun Co Ltd
Zhejiang NetSun Co., Ltd., together with its subsidiaries, provides software and information technology services in China. It offers trading platform solutions for bulk raw material companies, including trading markets and corporate e-commerce platforms; online promotion services for various businesses; and solutions for building a private domain integrated e-commerce platform for consumer goods … Read more
Zhejiang Netsun Co Ltd (002095) - Net Assets
Latest net assets as of June 2025: CN¥1.10 Billion CNY
Based on the latest financial reports, Zhejiang Netsun Co Ltd (002095) has net assets worth CN¥1.10 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.57 Billion) and total liabilities (CN¥468.23 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¥1.10 Billion |
| % of Total Assets | 70.21% |
| Annual Growth Rate | 16.1% |
| 5-Year Change | -3.64% |
| 10-Year Change | 121.45% |
| Growth Volatility | 47.43 |
Zhejiang Netsun Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Zhejiang Netsun 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 Zhejiang Netsun Co Ltd (2003–2024)
The table below shows the annual net assets of Zhejiang Netsun Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.13 Billion | -6.51% |
| 2023-12-31 | CN¥1.20 Billion | +0.77% |
| 2022-12-31 | CN¥1.19 Billion | +2.70% |
| 2021-12-31 | CN¥1.16 Billion | -0.40% |
| 2020-12-31 | CN¥1.17 Billion | +2.43% |
| 2019-12-31 | CN¥1.14 Billion | +4.52% |
| 2018-12-31 | CN¥1.09 Billion | +2.35% |
| 2017-12-31 | CN¥1.07 Billion | +0.79% |
| 2016-12-31 | CN¥1.06 Billion | +108.08% |
| 2015-12-31 | CN¥508.06 Million | +1.79% |
| 2014-12-31 | CN¥499.11 Million | +0.93% |
| 2013-12-31 | CN¥494.50 Million | +3.71% |
| 2012-12-31 | CN¥476.81 Million | +4.65% |
| 2011-12-31 | CN¥455.62 Million | +4.91% |
| 2010-12-31 | CN¥434.30 Million | +6.96% |
| 2009-12-31 | CN¥406.02 Million | +8.52% |
| 2008-12-31 | CN¥374.13 Million | +6.87% |
| 2007-12-31 | CN¥350.09 Million | +9.84% |
| 2006-12-31 | CN¥318.74 Million | +201.34% |
| 2005-12-31 | CN¥105.77 Million | +38.25% |
| 2004-12-31 | CN¥76.51 Million | +56.24% |
| 2003-12-31 | CN¥48.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Netsun 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 12093.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥261.52 Million | 29.04% |
| Common Stock | CN¥252.72 Million | 28.06% |
| Other Comprehensive Income | CN¥60.69 Million | 6.74% |
| Other Components | CN¥325.69 Million | 36.16% |
| Total Equity | CN¥900.62 Million | 100.00% |
Zhejiang Netsun Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Netsun Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reway Group S.p.A.
F:IR0
|
$322.94 Million |
|
Jilin University Zhengyuan Info Tech
SHE:003029
|
$323.09 Million |
|
Paradox Interactive AB
LSE:0GDU
|
$323.30 Million |
|
Berto Acquisition Corp. Ordinary Shares
NASDAQ:TACO
|
$323.32 Million |
|
Chief Telecom Inc
TWO:6561
|
$322.86 Million |
|
Altek Corp
TW:3059
|
$322.79 Million |
|
Getein Biotech Inc
SHG:603387
|
$322.79 Million |
|
Nok Airlines Public Company Limited
OTCGREY:NOKFF
|
$322.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Netsun Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 936,234,462 to 900,620,903, a change of -35,613,559 (-3.8%).
- Net loss of 22,793,175 reduced equity.
- Dividend payments of 13,908,391 reduced retained earnings.
- Other comprehensive income increased equity by 62,597,265.
- Other factors decreased equity by 61,509,258.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-22.79 Million | -2.53% |
| Dividends Paid | CN¥13.91 Million | -1.54% |
| Other Comprehensive Income | CN¥62.60 Million | +6.95% |
| Other Changes | CN¥-61.51 Million | -6.83% |
| Total Change | CN¥- | -3.80% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Netsun 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: 5.11x
- 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 94.83x to 5.11x 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¥0.19 | CN¥18.17 | x |
| 2004-12-31 | CN¥0.30 | CN¥18.17 | x |
| 2005-12-31 | CN¥0.41 | CN¥18.17 | x |
| 2006-12-31 | CN¥1.68 | CN¥18.17 | x |
| 2007-12-31 | CN¥1.36 | CN¥18.17 | x |
| 2008-12-31 | CN¥1.46 | CN¥18.17 | x |
| 2009-12-31 | CN¥1.56 | CN¥18.17 | x |
| 2010-12-31 | CN¥1.72 | CN¥18.17 | x |
| 2011-12-31 | CN¥1.78 | CN¥18.17 | x |
| 2012-12-31 | CN¥1.83 | CN¥18.17 | x |
| 2013-12-31 | CN¥1.97 | CN¥18.17 | x |
| 2014-12-31 | CN¥1.90 | CN¥18.17 | x |
| 2015-12-31 | CN¥1.91 | CN¥18.17 | x |
| 2016-12-31 | CN¥3.25 | CN¥18.17 | x |
| 2017-12-31 | CN¥3.46 | CN¥18.17 | x |
| 2018-12-31 | CN¥3.42 | CN¥18.17 | x |
| 2019-12-31 | CN¥3.51 | CN¥18.17 | x |
| 2020-12-31 | CN¥3.61 | CN¥18.17 | x |
| 2021-12-31 | CN¥3.59 | CN¥18.17 | x |
| 2022-12-31 | CN¥3.68 | CN¥18.17 | x |
| 2023-12-31 | CN¥3.92 | CN¥18.17 | x |
| 2024-12-31 | CN¥3.56 | CN¥18.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Netsun 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): -2.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.03%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.68x
- Recent ROE (-2.53%) is below the historical average (8.94%), 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 | 27.88% | 37.23% | 0.44x | 1.71x | CN¥8.66 Million |
| 2004 | 35.75% | 50.75% | 0.43x | 1.66x | CN¥19.44 Million |
| 2005 | 27.77% | 45.53% | 0.42x | 1.44x | CN¥18.57 Million |
| 2006 | 8.86% | 44.79% | 0.18x | 1.12x | CN¥-3.61 Million |
| 2007 | 12.27% | 53.89% | 0.20x | 1.15x | CN¥7.80 Million |
| 2008 | 8.52% | 29.58% | 0.24x | 1.18x | CN¥-5.42 Million |
| 2009 | 10.28% | 30.49% | 0.28x | 1.19x | CN¥1.13 Million |
| 2010 | 11.90% | 29.68% | 0.34x | 1.18x | CN¥8.21 Million |
| 2011 | 7.19% | 22.44% | 0.27x | 1.17x | CN¥-12.61 Million |
| 2012 | 7.71% | 22.59% | 0.28x | 1.20x | CN¥-10.77 Million |
| 2013 | 6.77% | 16.55% | 0.34x | 1.22x | CN¥-15.70 Million |
| 2014 | 6.86% | 20.90% | 0.27x | 1.21x | CN¥-15.30 Million |
| 2015 | 3.66% | 10.27% | 0.30x | 1.20x | CN¥-31.33 Million |
| 2016 | 1.54% | 3.89% | 0.27x | 1.45x | CN¥-69.50 Million |
| 2017 | 2.31% | 5.30% | 0.28x | 1.56x | CN¥-63.63 Million |
| 2018 | 4.10% | 8.15% | 0.29x | 1.76x | CN¥-50.18 Million |
| 2019 | 3.95% | 9.44% | 0.23x | 1.80x | CN¥-53.70 Million |
| 2020 | 4.06% | 9.59% | 0.24x | 1.79x | CN¥-54.16 Million |
| 2021 | 2.51% | 4.72% | 0.30x | 1.78x | CN¥-67.93 Million |
| 2022 | 3.30% | 7.06% | 0.27x | 1.76x | CN¥-62.32 Million |
| 2023 | 2.04% | 4.33% | 0.27x | 1.76x | CN¥-74.52 Million |
| 2024 | -2.53% | -4.03% | 0.37x | 1.68x | CN¥-112.86 Million |
Industry Comparison
This section compares Zhejiang Netsun Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,269,092,287
- Average return on equity (ROE) among peers: 12.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Netsun Co Ltd (002095) | CN¥1.10 Billion | 27.88% | 0.42x | $322.94 Million |
| Digital China Information Service Co Ltd (000555) | $-125.57 Million | 0.00% | 0.00x | $1.17 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.06 Billion |
| YGSOFT Inc (002063) | $2.10 Billion | 8.22% | 0.19x | $1.26 Billion |
| Dhc Software Co Ltd (002065) | $8.61 Billion | 13.26% | 0.30x | $2.40 Billion |
| Montnets Cloud Technology Group Co Ltd (002123) | $51.79 Million | 15.64% | 0.90x | $953.24 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.13 Billion | 23.47% | 0.16x | $1.00 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.18 Billion | 7.45% | 0.12x | $6.64 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.29 Billion |
| Wisesoft Co Ltd (002253) | $171.84 Million | 15.22% | 0.51x | $265.79 Million |