Iflytek Co Ltd (002230) - Net Assets

Latest as of September 2025: CN¥18.87 Billion CNY ≈ $2.76 Billion USD

Based on the latest financial reports, Iflytek Co Ltd (002230) has net assets worth CN¥18.87 Billion CNY (≈ $2.76 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¥43.29 Billion ≈ $6.33 Billion USD) and total liabilities (CN¥24.42 Billion ≈ $3.57 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 Iflytek Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥18.87 Billion
% of Total Assets 43.59%
Annual Growth Rate 32.16%
5-Year Change 44.27%
10-Year Change 186.9%
Growth Volatility 51.4

Iflytek Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Iflytek Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Iflytek Co Ltd (002230) total assets for the complete picture of this company's asset base.

Annual Net Assets for Iflytek Co Ltd (2005–2024)

The table below shows the annual net assets of Iflytek Co Ltd from 2005 to 2024. For live valuation and market cap data, see how much is Iflytek Co Ltd worth.

Year Net Assets Change
2024-12-31 CN¥18.71 Billion
≈ $2.74 Billion		 +5.54%
2023-12-31 CN¥17.73 Billion
≈ $2.59 Billion		 +5.25%
2022-12-31 CN¥16.85 Billion
≈ $2.47 Billion		 -2.83%
2021-12-31 CN¥17.34 Billion
≈ $2.54 Billion		 +33.65%
2020-12-31 CN¥12.97 Billion
≈ $1.90 Billion		 +10.54%
2019-12-31 CN¥11.73 Billion
≈ $1.72 Billion		 +42.90%
2018-12-31 CN¥8.21 Billion
≈ $1.20 Billion		 +3.26%
2017-12-31 CN¥7.95 Billion
≈ $1.16 Billion		 +10.16%
2016-12-31 CN¥7.22 Billion
≈ $1.06 Billion		 +10.66%
2015-12-31 CN¥6.52 Billion
≈ $954.54 Million		 +67.20%
2014-12-31 CN¥3.90 Billion
≈ $570.90 Million		 +12.72%
2013-12-31 CN¥3.46 Billion
≈ $506.46 Million		 +133.42%
2012-12-31 CN¥1.48 Billion
≈ $216.97 Million		 +25.04%
2011-12-31 CN¥1.19 Billion
≈ $173.52 Million		 +79.27%
2010-12-31 CN¥661.46 Million
≈ $96.79 Million		 +10.42%
2009-12-31 CN¥599.04 Million
≈ $87.66 Million		 +12.94%
2008-12-31 CN¥530.40 Million
≈ $77.61 Million		 +208.40%
2007-12-31 CN¥171.99 Million
≈ $25.17 Million		 +35.59%
2006-12-31 CN¥126.85 Million
≈ $18.56 Million		 +35.61%
2005-12-31 CN¥93.54 Million
≈ $13.69 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Iflytek 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 87641.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.55 Billion 31.20%
Common Stock CN¥2.31 Billion 12.99%
Other Comprehensive Income CN¥242.05K 0.00%
Other Components CN¥9.93 Billion 55.80%
Total Equity CN¥17.79 Billion 100.00%

Iflytek Co Ltd Competitors by Market Cap

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

Company Market Cap
Hangzhou Chang Chuan Technology Co Ltd
SHE:300604
 $16.17 Billion
Hitachi Energy India Limited
NSE:POWERINDIA
 $16.17 Billion
Super Micro Computer Inc
NASDAQ:SMCI
 $16.23 Billion
E.SUN Financial Holding Co Ltd
TW:2884
 $16.23 Billion
Yunnan Aluminium Co Ltd
SHE:000807
 $16.14 Billion
Mizrahi Tefahot
TA:MZTF
 $16.09 Billion
IONQ Inc
NYSE:IONQ
 $16.08 Billion
Guosen Securities Co Ltd
SHE:002736
 $16.07 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,032,284,511 to 17,793,386,000, a change of 761,101,489 (4.5%).
  • Net income of 560,162,664 contributed positively to equity growth.
  • Dividend payments of 399,417,378 reduced retained earnings.
  • Share repurchases of 98,285,110 reduced equity.
  • Other comprehensive income decreased equity by 571,532.
  • Other factors increased equity by 699,212,845.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥560.16 Million +3.15%
Dividends Paid CN¥399.42 Million -2.24%
Share Repurchases CN¥98.29 Million -0.55%
Other Comprehensive Income CN¥-571.53K -0.0%
Other Changes CN¥699.21 Million +3.93%
Total Change CN¥- 4.47%

Book Value vs Market Value Analysis

This analysis compares Iflytek 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: 6.27x
  • 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 480.97x to 6.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 CN¥0.10 CN¥47.79 x
2006-12-31 CN¥0.13 CN¥47.79 x
2007-12-31 CN¥0.16 CN¥47.79 x
2008-12-31 CN¥0.41 CN¥47.79 x
2009-12-31 CN¥0.42 CN¥47.79 x
2010-12-31 CN¥0.47 CN¥47.79 x
2011-12-31 CN¥0.83 CN¥47.79 x
2012-12-31 CN¥0.92 CN¥47.79 x
2013-12-31 CN¥1.95 CN¥47.79 x
2014-12-31 CN¥2.08 CN¥47.79 x
2015-12-31 CN¥3.34 CN¥47.79 x
2016-12-31 CN¥3.60 CN¥47.79 x
2017-12-31 CN¥3.73 CN¥47.79 x
2018-12-31 CN¥3.82 CN¥47.79 x
2019-12-31 CN¥5.44 CN¥47.79 x
2020-12-31 CN¥5.67 CN¥47.79 x
2021-12-31 CN¥7.33 CN¥47.79 x
2022-12-31 CN¥7.06 CN¥47.79 x
2023-12-31 CN¥7.26 CN¥47.79 x
2024-12-31 CN¥7.62 CN¥47.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Iflytek 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): 3.15%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.40%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 2.33x
  • Recent ROE (3.15%) is below the historical average (10.99%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 10.91% 12.24% 0.49x 1.83x CN¥836.73K
2006 27.71% 20.51% 0.78x 1.73x CN¥22.46 Million
2007 31.58% 25.99% 0.76x 1.60x CN¥36.56 Million
2008 13.17% 27.13% 0.43x 1.13x CN¥16.83 Million
2009 13.75% 26.14% 0.42x 1.25x CN¥21.88 Million
2010 15.49% 23.45% 0.50x 1.33x CN¥35.85 Million
2011 11.27% 24.19% 0.38x 1.22x CN¥14.97 Million
2012 13.57% 23.27% 0.42x 1.38x CN¥47.95 Million
2013 8.43% 22.25% 0.29x 1.31x CN¥-52.07 Million
2014 10.24% 21.37% 0.34x 1.39x CN¥8.77 Million
2015 6.79% 17.01% 0.30x 1.34x CN¥-201.48 Million
2016 6.86% 14.59% 0.32x 1.47x CN¥-221.71 Million
2017 5.63% 7.98% 0.41x 1.73x CN¥-337.10 Million
2018 6.80% 6.85% 0.52x 1.92x CN¥-255.04 Million
2019 7.17% 8.13% 0.50x 1.76x CN¥-322.62 Million
2020 10.77% 10.47% 0.52x 1.96x CN¥96.99 Million
2021 9.28% 8.50% 0.58x 1.87x CN¥-121.61 Million
2022 3.42% 2.98% 0.57x 2.00x CN¥-1.08 Billion
2023 3.86% 3.35% 0.52x 2.22x CN¥-1.05 Billion
2024 3.15% 2.40% 0.56x 2.33x CN¥-1.22 Billion

Industry Comparison

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

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $2,420,537,599
  • Average return on equity (ROE) among peers: -0.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Iflytek Co Ltd (002230) CN¥18.87 Billion 10.91% 1.29x $16.17 Billion
Digital China Information Service Co Ltd (000555) $54.46 Million -79.56% 3.15x $1.96 Billion
Fujian Newland Computer Co Ltd (000997) $2.53 Billion 18.26% 1.48x $2.95 Billion
YGSOFT Inc (002063) $2.77 Billion 9.50% 0.13x $1.76 Billion
Dhc Software Co Ltd (002065) $2.27 Billion 18.56% 0.48x $3.86 Billion
Zhejiang Netsun Co Ltd (002095) $494.50 Million 6.66% 0.20x $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) $905.80 Million 23.61% 0.18x $4.03 Billion
Shanghai 2345 Network Holding Group (002195) $9.15 Billion -9.99% 0.08x $7.14 Billion
Qiming Information Technology Co Ltd (002232) $1.33 Billion 3.04% 0.59x $1.06 Billion

About Iflytek Co Ltd

SHE:002230 China Software - Application
Market Cap
$16.17 Billion
CN¥110.48 Billion CNY
Market Cap Rank
#1521 Global
#154 in China
Share Price
CN¥47.79
Change (1 day)
-0.56%
52-Week Range
CN¥45.51 - CN¥63.70
All Time High
CN¥80.49
Categories
Companies in China Software - Application Technology AI & Machine Learning
About

iFLYTEK CO.,LTD, together with its subsidiaries, provides intelligent speech and technology solutions and services in China and internationally. The company offers smart recorder, translator, voicebook, dictionary pen, and space products, as well as microphones; AINOTE, a voice transcription device; Spark Trans, a multilingual simultaneous interpreting system; Deepting, an AI-powered transcriptio… Read more