Wisesoft Co Ltd (002253) - Net Assets
Based on the latest financial reports, Wisesoft Co Ltd (002253) has net assets worth CN¥1.06 Billion CNY (≈ $155.19 Million 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¥1.47 Billion ≈ $214.66 Million USD) and total liabilities (CN¥406.45 Million ≈ $59.48 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. Read how much debt does Wisesoft Co Ltd carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.06 Billion |
| % of Total Assets | 72.29% |
| Annual Growth Rate | 15.43% |
| 5-Year Change | -22.55% |
| 10-Year Change | -12.06% |
| Growth Volatility | 35.35 |
Wisesoft Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Wisesoft Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Wisesoft Co Ltd (002253) total assets for the complete picture of this company's asset base.
Annual Net Assets for Wisesoft Co Ltd (2005–2024)
The table below shows the annual net assets of Wisesoft Co Ltd from 2005 to 2024. For live valuation and market cap data, see Wisesoft Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion ≈ $169.23 Million |
-6.79% |
| 2023-12-31 | CN¥1.24 Billion ≈ $181.57 Million |
-13.23% |
| 2022-12-31 | CN¥1.43 Billion ≈ $209.25 Million |
-4.07% |
| 2021-12-31 | CN¥1.49 Billion ≈ $218.14 Million |
-0.17% |
| 2020-12-31 | CN¥1.49 Billion ≈ $218.52 Million |
+3.14% |
| 2019-12-31 | CN¥1.45 Billion ≈ $211.86 Million |
+3.42% |
| 2018-12-31 | CN¥1.40 Billion ≈ $204.85 Million |
+3.28% |
| 2017-12-31 | CN¥1.36 Billion ≈ $198.35 Million |
+3.24% |
| 2016-12-31 | CN¥1.31 Billion ≈ $192.12 Million |
-0.16% |
| 2015-12-31 | CN¥1.32 Billion ≈ $192.43 Million |
+56.02% |
| 2014-12-31 | CN¥842.86 Million ≈ $123.34 Million |
-1.52% |
| 2013-12-31 | CN¥855.90 Million ≈ $125.25 Million |
+5.96% |
| 2012-12-31 | CN¥807.74 Million ≈ $118.20 Million |
+6.11% |
| 2011-12-31 | CN¥761.22 Million ≈ $111.39 Million |
+88.85% |
| 2010-12-31 | CN¥403.09 Million ≈ $58.98 Million |
+4.18% |
| 2009-12-31 | CN¥386.93 Million ≈ $56.62 Million |
+2.64% |
| 2008-12-31 | CN¥376.98 Million ≈ $55.16 Million |
+119.38% |
| 2007-12-31 | CN¥171.84 Million ≈ $25.15 Million |
+41.71% |
| 2006-12-31 | CN¥121.26 Million ≈ $17.74 Million |
+60.29% |
| 2005-12-31 | CN¥75.65 Million ≈ $11.07 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wisesoft 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 decreased by 102.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥225.63 Million | 19.98% |
| Other Components | CN¥904.41 Million | 80.10% |
| Total Equity | CN¥1.13 Billion | 100.00% |
Wisesoft Co Ltd Competitors by Market Cap
The table below lists competitors of Wisesoft Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ld Intelligent Technology Co Ltd
SHE:300883
|
$360.49 Million |
|
Tjk Machinery Tianjin Co Ltd
SHE:300823
|
$360.53 Million |
|
Volcon Inc
NASDAQ:VLCN
|
$360.58 Million |
|
Tupy S.A
SA:TUPY3
|
$360.59 Million |
|
Sky Harbour Group Corporation
NYSE:SKYH
|
$360.13 Million |
|
Zoy Home Furnishing Co Ltd
SHG:603709
|
$360.13 Million |
|
Gourmet Master Co Ltd
TW:2723
|
$360.11 Million |
|
Pollard Banknote Limited
TO:PBL
|
$360.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wisesoft Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,203,613,485 to 1,129,040,590, a change of -74,572,895 (-6.2%).
- Net loss of 72,309,522 reduced equity.
- Dividend payments of 5,264,966 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-72.31 Million | -6.4% |
| Dividends Paid | CN¥5.26 Million | -0.47% |
| Other Changes | CN¥3.00 Million | +0.27% |
| Total Change | CN¥- | -6.20% |
Book Value vs Market Value Analysis
This analysis compares Wisesoft 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: 2.18x
- 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 11.30x to 2.18x 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¥0.97 | CN¥10.91 | x |
| 2006-12-31 | CN¥1.53 | CN¥10.91 | x |
| 2007-12-31 | CN¥1.35 | CN¥10.91 | x |
| 2008-12-31 | CN¥2.36 | CN¥10.91 | x |
| 2009-12-31 | CN¥2.12 | CN¥10.91 | x |
| 2010-12-31 | CN¥2.17 | CN¥10.91 | x |
| 2011-12-31 | CN¥4.11 | CN¥10.91 | x |
| 2012-12-31 | CN¥3.74 | CN¥10.91 | x |
| 2013-12-31 | CN¥3.95 | CN¥10.91 | x |
| 2014-12-31 | CN¥3.93 | CN¥10.91 | x |
| 2015-12-31 | CN¥6.11 | CN¥10.91 | x |
| 2016-12-31 | CN¥5.61 | CN¥10.91 | x |
| 2017-12-31 | CN¥5.77 | CN¥10.91 | x |
| 2018-12-31 | CN¥5.90 | CN¥10.91 | x |
| 2019-12-31 | CN¥6.18 | CN¥10.91 | x |
| 2020-12-31 | CN¥6.36 | CN¥10.91 | x |
| 2021-12-31 | CN¥6.35 | CN¥10.91 | x |
| 2022-12-31 | CN¥6.09 | CN¥10.91 | x |
| 2023-12-31 | CN¥5.33 | CN¥10.91 | x |
| 2024-12-31 | CN¥5.00 | CN¥10.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wisesoft 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): -6.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.74%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.30x
- Recent ROE (-6.40%) is below the historical average (5.43%), 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 | 24.40% | 20.31% | 0.65x | 1.86x | CN¥10.69 Million |
| 2006 | 19.13% | 21.20% | 0.46x | 1.97x | CN¥10.91 Million |
| 2007 | 15.38% | 22.70% | 0.44x | 1.53x | CN¥9.15 Million |
| 2008 | 8.04% | 25.75% | 0.27x | 1.16x | CN¥-7.34 Million |
| 2009 | 8.79% | 26.53% | 0.28x | 1.18x | CN¥-4.65 Million |
| 2010 | 10.35% | 28.10% | 0.29x | 1.26x | CN¥1.39 Million |
| 2011 | 6.81% | 29.50% | 0.20x | 1.17x | CN¥-23.89 Million |
| 2012 | 7.85% | 30.27% | 0.21x | 1.23x | CN¥-16.84 Million |
| 2013 | 8.29% | 26.66% | 0.26x | 1.18x | CN¥-14.08 Million |
| 2014 | 1.36% | 4.97% | 0.22x | 1.27x | CN¥-69.82 Million |
| 2015 | 2.62% | 12.79% | 0.16x | 1.26x | CN¥-94.16 Million |
| 2016 | 3.03% | 12.31% | 0.21x | 1.18x | CN¥-89.56 Million |
| 2017 | 3.46% | 17.05% | 0.17x | 1.16x | CN¥-85.72 Million |
| 2018 | 4.06% | 16.17% | 0.21x | 1.19x | CN¥-80.22 Million |
| 2019 | 3.71% | 15.11% | 0.20x | 1.23x | CN¥-87.67 Million |
| 2020 | 4.70% | 18.86% | 0.20x | 1.25x | CN¥-76.05 Million |
| 2021 | 1.76% | 8.37% | 0.17x | 1.26x | CN¥-118.06 Million |
| 2022 | -4.45% | -24.88% | 0.14x | 1.27x | CN¥-198.67 Million |
| 2023 | -14.26% | -95.53% | 0.11x | 1.30x | CN¥-292.02 Million |
| 2024 | -6.40% | -43.74% | 0.11x | 1.30x | CN¥-185.21 Million |
Industry Comparison
This section compares Wisesoft Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,951,687,202
- Average return on equity (ROE) among peers: -0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wisesoft Co Ltd (002253) | CN¥1.06 Billion | 24.40% | 0.38x | $360.21 Million |
| 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 |
| Iflytek Co Ltd (002230) | $17.73 Billion | 3.71% | 1.13x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.33 Billion | 3.04% | 0.59x | $1.06 Billion |
About Wisesoft Co Ltd
Wisesoft Co., Ltd. operates in aviation-related business primarily focusing on air traffic control in China. It offers civil aviation air traffic control automation systems, military aviation control center systems, military and civil aviation multi-channel digital synchronous recorders, flight information systems, traffic management systems, virtual reality and augmented reality products, artifi… Read more