Shanghai 2345 Network Holding Group
Shanghai Stonehill Technology Co., Ltd. provides internet information services in China. The company develops 2345 website navigation, browser, security guard, HaoZip, picture king, input method, weather forecast, blue bird wallpaper, and other products. It also involved in research and development of brain-like intelligence for diagnosis and evaluation of non-organic brain diseases, such as epil… Read more
Shanghai 2345 Network Holding Group (002195) - Net Assets
Latest net assets as of September 2025: CN¥10.37 Billion CNY
Based on the latest financial reports, Shanghai 2345 Network Holding Group (002195) has net assets worth CN¥10.37 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¥10.73 Billion) and total liabilities (CN¥356.57 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¥10.37 Billion |
| % of Total Assets | 96.68% |
| Annual Growth Rate | 30.19% |
| 5-Year Change | 12.14% |
| 10-Year Change | 130.66% |
| Growth Volatility | 168.93 |
Shanghai 2345 Network Holding Group - Net Assets Trend (2004–2024)
This chart illustrates how Shanghai 2345 Network Holding Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai 2345 Network Holding Group (2004–2024)
The table below shows the annual net assets of Shanghai 2345 Network Holding Group from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.26 Billion | +5.34% |
| 2023-12-31 | CN¥9.74 Billion | +3.48% |
| 2022-12-31 | CN¥9.41 Billion | +1.32% |
| 2021-12-31 | CN¥9.29 Billion | +1.54% |
| 2020-12-31 | CN¥9.15 Billion | -10.21% |
| 2019-12-31 | CN¥10.18 Billion | +9.16% |
| 2018-12-31 | CN¥9.33 Billion | +19.82% |
| 2017-12-31 | CN¥7.79 Billion | +17.14% |
| 2016-12-31 | CN¥6.65 Billion | +49.50% |
| 2015-12-31 | CN¥4.45 Billion | +9.18% |
| 2014-12-31 | CN¥4.07 Billion | +773.25% |
| 2013-12-31 | CN¥466.36 Million | +1.61% |
| 2012-12-31 | CN¥458.97 Million | +19.75% |
| 2011-12-31 | CN¥383.27 Million | +19.33% |
| 2010-12-31 | CN¥321.18 Million | +15.62% |
| 2009-12-31 | CN¥277.79 Million | +8.96% |
| 2008-12-31 | CN¥254.95 Million | +10.27% |
| 2007-12-31 | CN¥231.20 Million | +196.73% |
| 2006-12-31 | CN¥77.92 Million | +25.51% |
| 2005-12-31 | CN¥62.08 Million | +18.37% |
| 2004-12-31 | CN¥52.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai 2345 Network Holding Group'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 36666.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.37 Billion | 34.40% |
| Common Stock | CN¥5.68 Billion | 58.04% |
| Other Components | CN¥739.87 Million | 7.56% |
| Total Equity | CN¥9.79 Billion | 100.00% |
Shanghai 2345 Network Holding Group Competitors by Market Cap
The table below lists competitors of Shanghai 2345 Network Holding Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Realtek Semiconductor Corp
TW:2379
|
$6.64 Billion |
|
Uranium Energy Corp
NYSE MKT:UEC
|
$6.64 Billion |
|
ANTERO MIDSTREAM DL -01
F:5711
|
$6.65 Billion |
|
PT Barito Renewables Energy Tb
JK:BREN
|
$6.65 Billion |
|
7TB
F:7TB
|
$6.64 Billion |
|
Power Finance Corporation Limited
NSE:PFC
|
$6.63 Billion |
|
Idemitsu Kosan Co.Ltd
OTCGREY:IDKOF
|
$6.63 Billion |
|
Kikkoman Corporation
PINK:KIKOF
|
$6.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai 2345 Network Holding Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,735,754,272 to 9,789,261,372, a change of 53,507,100 (0.5%).
- Net income of 32,461,731 contributed positively to equity growth.
- Dividend payments of 59,049,366 reduced retained earnings.
- Share repurchases of 119,999,964 reduced equity.
- Other factors increased equity by 200,094,699.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.46 Million | +0.33% |
| Dividends Paid | CN¥59.05 Million | -0.6% |
| Share Repurchases | CN¥120.00 Million | -1.23% |
| Other Changes | CN¥200.09 Million | +2.04% |
| Total Change | CN¥- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Shanghai 2345 Network Holding Group'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: 5.83x
- 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 212.19x to 5.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.05 | CN¥10.02 | x |
| 2005-12-31 | CN¥0.05 | CN¥10.02 | x |
| 2006-12-31 | CN¥0.06 | CN¥10.02 | x |
| 2007-12-31 | CN¥0.19 | CN¥10.02 | x |
| 2008-12-31 | CN¥0.16 | CN¥10.02 | x |
| 2009-12-31 | CN¥0.17 | CN¥10.02 | x |
| 2010-12-31 | CN¥0.19 | CN¥10.02 | x |
| 2011-12-31 | CN¥0.23 | CN¥10.02 | x |
| 2012-12-31 | CN¥0.27 | CN¥10.02 | x |
| 2013-12-31 | CN¥0.28 | CN¥10.02 | x |
| 2014-12-31 | CN¥1.61 | CN¥10.02 | x |
| 2015-12-31 | CN¥0.89 | CN¥10.02 | x |
| 2016-12-31 | CN¥1.24 | CN¥10.02 | x |
| 2017-12-31 | CN¥1.36 | CN¥10.02 | x |
| 2018-12-31 | CN¥1.70 | CN¥10.02 | x |
| 2019-12-31 | CN¥1.74 | CN¥10.02 | x |
| 2020-12-31 | CN¥1.60 | CN¥10.02 | x |
| 2021-12-31 | CN¥1.63 | CN¥10.02 | x |
| 2022-12-31 | CN¥1.68 | CN¥10.02 | x |
| 2023-12-31 | CN¥1.74 | CN¥10.02 | x |
| 2024-12-31 | CN¥1.72 | CN¥10.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai 2345 Network Holding Group 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): 0.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.91%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.07x
- Recent ROE (0.33%) is below the historical average (10.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.44% | 18.35% | 1.00x | 1.28x | CN¥7.03 Million |
| 2005 | 22.55% | 16.47% | 1.11x | 1.23x | CN¥7.78 Million |
| 2006 | 26.03% | 16.70% | 1.16x | 1.35x | CN¥12.46 Million |
| 2007 | 11.45% | 17.30% | 0.61x | 1.09x | CN¥3.36 Million |
| 2008 | 11.44% | 16.57% | 0.61x | 1.14x | CN¥3.67 Million |
| 2009 | 7.57% | 10.51% | 0.61x | 1.18x | CN¥-6.49 Million |
| 2010 | 14.78% | 15.36% | 0.82x | 1.17x | CN¥14.62 Million |
| 2011 | 17.69% | 16.63% | 0.92x | 1.15x | CN¥28.25 Million |
| 2012 | 15.01% | 16.17% | 0.84x | 1.10x | CN¥22.15 Million |
| 2013 | 6.55% | 7.40% | 0.82x | 1.08x | CN¥-15.52 Million |
| 2014 | 2.92% | 18.10% | 0.15x | 1.06x | CN¥-287.69 Million |
| 2015 | 9.39% | 28.38% | 0.30x | 1.09x | CN¥-27.12 Million |
| 2016 | 9.56% | 36.46% | 0.24x | 1.11x | CN¥-28.99 Million |
| 2017 | 12.42% | 29.61% | 0.35x | 1.20x | CN¥184.36 Million |
| 2018 | 14.68% | 36.23% | 0.32x | 1.26x | CN¥435.79 Million |
| 2019 | 7.47% | 31.10% | 0.21x | 1.12x | CN¥-256.80 Million |
| 2020 | -10.00% | -74.50% | 0.12x | 1.08x | CN¥-1.83 Billion |
| 2021 | 4.28% | 42.62% | 0.09x | 1.08x | CN¥-530.22 Million |
| 2022 | 2.25% | 31.76% | 0.07x | 1.05x | CN¥-728.87 Million |
| 2023 | 3.41% | 58.70% | 0.06x | 1.03x | CN¥-641.82 Million |
| 2024 | 0.33% | 4.91% | 0.06x | 1.07x | CN¥-946.46 Million |
Industry Comparison
This section compares Shanghai 2345 Network Holding Group's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,255,818,790
- Average return on equity (ROE) among peers: 11.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai 2345 Network Holding Group (002195) | CN¥10.37 Billion | 23.44% | 0.03x | $6.64 Billion |
| 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 |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $322.94 Million |
| 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 |
| 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 |