Westone Information Industry Inc (002268) - Net Assets

Latest as of September 2025: CN¥5.38 Billion CNY ≈ $787.86 Million USD

Based on the latest financial reports, Westone Information Industry Inc (002268) has net assets worth CN¥5.38 Billion CNY (≈ $787.86 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¥6.74 Billion ≈ $986.10 Million USD) and total liabilities (CN¥1.35 Billion ≈ $198.25 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. Check financial resilience of Westone Information Industry Inc to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥5.38 Billion
% of Total Assets 79.9%
Annual Growth Rate 23.58%
5-Year Change 19.74%
10-Year Change 292.6%
Growth Volatility 50.8

Westone Information Industry Inc - Net Assets Trend (2005–2024)

This chart illustrates how Westone Information Industry Inc's net assets have evolved over time, based on quarterly financial data. Also explore 002268 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Westone Information Industry Inc (2005–2024)

The table below shows the annual net assets of Westone Information Industry Inc from 2005 to 2024. For live valuation and market cap data, see Westone Information Industry Inc market capitalisation.

Year Net Assets Change
2024-12-31 CN¥5.65 Billion
≈ $826.67 Million		 +1.98%
2023-12-31 CN¥5.54 Billion
≈ $810.59 Million		 +5.54%
2022-12-31 CN¥5.25 Billion
≈ $768.07 Million		 +4.00%
2021-12-31 CN¥5.05 Billion
≈ $738.54 Million		 +6.98%
2020-12-31 CN¥4.72 Billion
≈ $690.37 Million		 +2.50%
2019-12-31 CN¥4.60 Billion
≈ $673.51 Million		 +3.32%
2018-12-31 CN¥4.45 Billion
≈ $651.86 Million		 +1.52%
2017-12-31 CN¥4.39 Billion
≈ $642.07 Million		 +178.96%
2016-12-31 CN¥1.57 Billion
≈ $230.16 Million		 +9.31%
2015-12-31 CN¥1.44 Billion
≈ $210.56 Million		 +12.08%
2014-12-31 CN¥1.28 Billion
≈ $187.86 Million		 +102.49%
2013-12-31 CN¥633.99 Million
≈ $92.77 Million		 +5.64%
2012-12-31 CN¥600.16 Million
≈ $87.82 Million		 -2.53%
2011-12-31 CN¥615.76 Million
≈ $90.10 Million		 +23.87%
2010-12-31 CN¥497.11 Million
≈ $72.74 Million		 +22.94%
2009-12-31 CN¥404.37 Million
≈ $59.17 Million		 +6.90%
2008-12-31 CN¥378.26 Million
≈ $55.35 Million		 +146.05%
2007-12-31 CN¥153.73 Million
≈ $22.50 Million		 +32.05%
2006-12-31 CN¥116.42 Million
≈ $17.04 Million		 +15.02%
2005-12-31 CN¥101.22 Million
≈ $14.81 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Westone Information Industry Inc'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 7452.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.11 Billion 37.38%
Common Stock CN¥845.68 Million 14.98%
Other Comprehensive Income CN¥164.00 Million 2.90%
Other Components CN¥2.53 Billion 44.74%
Total Equity CN¥5.65 Billion 100.00%

Westone Information Industry Inc Competitors by Market Cap

The table below lists competitors of Westone Information Industry Inc ranked by their market capitalization.

Company Market Cap
Shanghai Bailian Group Co Ltd A
SHG:600827
 $1.94 Billion
CIE Automotive India Limited
NSE:CIEINDIA
 $1.94 Billion
Toyou Feiji Electronics Co Ltd
SHE:300302
 $1.94 Billion
K+S Aktiengesellschaft
F:SDF1
 $1.95 Billion
Anhui Jinhe Industrial Co Ltd
SHE:002597
 $1.94 Billion
Sichuan Expressway Co Ltd
SHG:601107
 $1.94 Billion
First Advantage Corp
NASDAQ:FA
 $1.94 Billion
Capri Global Capital Limited
NSE:CGCL
 $1.94 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Westone Information Industry Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,536,555,722 to 5,646,306,741, a change of 109,751,019 (2.0%).
  • Net income of 158,150,560 contributed positively to equity growth.
  • Dividend payments of 50,603,587 reduced retained earnings.
  • Share repurchases of 603,624 reduced equity.
  • Other comprehensive income increased equity by 3,255,339.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥158.15 Million +2.8%
Dividends Paid CN¥50.60 Million -0.9%
Share Repurchases CN¥603.62K -0.01%
Other Comprehensive Income CN¥3.26 Million +0.06%
Other Changes CN¥-447.67K -0.01%
Total Change CN¥- 1.98%

Book Value vs Market Value Analysis

This analysis compares Westone Information Industry Inc'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: 2.35x
  • 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 68.18x to 2.35x 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¥0.23 CN¥15.68 x
2006-12-31 CN¥0.26 CN¥15.68 x
2007-12-31 CN¥0.34 CN¥15.68 x
2008-12-31 CN¥0.78 CN¥15.68 x
2009-12-31 CN¥0.70 CN¥15.68 x
2010-12-31 CN¥0.82 CN¥15.68 x
2011-12-31 CN¥0.93 CN¥15.68 x
2012-12-31 CN¥0.95 CN¥15.68 x
2013-12-31 CN¥0.81 CN¥15.68 x
2014-12-31 CN¥1.78 CN¥15.68 x
2015-12-31 CN¥1.98 CN¥15.68 x
2016-12-31 CN¥2.15 CN¥15.68 x
2017-12-31 CN¥5.36 CN¥15.68 x
2018-12-31 CN¥5.26 CN¥15.68 x
2019-12-31 CN¥5.43 CN¥15.68 x
2020-12-31 CN¥5.61 CN¥15.68 x
2021-12-31 CN¥5.94 CN¥15.68 x
2022-12-31 CN¥6.19 CN¥15.68 x
2023-12-31 CN¥6.55 CN¥15.68 x
2024-12-31 CN¥6.68 CN¥15.68 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Westone Information Industry Inc 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): 2.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.41%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 1.27x
  • Recent ROE (2.80%) is below the historical average (9.66%), 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 20.06% 16.52% 0.60x 2.04x CN¥9.49 Million
2006 18.56% 12.27% 0.77x 1.98x CN¥9.25 Million
2007 23.77% 16.80% 0.79x 1.79x CN¥19.55 Million
2008 9.49% 16.33% 0.46x 1.26x CN¥-1.86 Million
2009 9.22% 13.24% 0.54x 1.28x CN¥-3.00 Million
2010 14.30% 17.22% 0.56x 1.48x CN¥19.59 Million
2011 16.80% 17.01% 0.65x 1.51x CN¥35.02 Million
2012 3.41% 5.63% 0.38x 1.58x CN¥-34.53 Million
2013 13.13% 9.56% 0.86x 1.59x CN¥17.54 Million
2014 9.69% 9.66% 0.64x 1.57x CN¥-3.77 Million
2015 10.86% 9.28% 0.61x 1.91x CN¥11.76 Million
2016 10.46% 8.66% 0.49x 2.45x CN¥6.84 Million
2017 3.94% 7.91% 0.37x 1.34x CN¥-260.52 Million
2018 2.73% 6.22% 0.31x 1.41x CN¥-320.48 Million
2019 3.42% 7.40% 0.35x 1.31x CN¥-299.31 Million
2020 3.43% 6.77% 0.37x 1.38x CN¥-309.31 Million
2021 5.00% 8.51% 0.42x 1.40x CN¥-251.60 Million
2022 5.86% 8.92% 0.45x 1.45x CN¥-216.85 Million
2023 6.30% 11.35% 0.40x 1.38x CN¥-204.89 Million
2024 2.80% 6.41% 0.34x 1.27x CN¥-406.48 Million

Industry Comparison

This section compares Westone Information Industry Inc's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,282,871,194
  • Average return on equity (ROE) among peers: -63.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Westone Information Industry Inc (002268) CN¥5.38 Billion 20.06% 0.25x $1.94 Billion
Digital China Group Co Ltd (000034) $-806.39 Million 0.00% 0.00x $4.00 Billion
ZJBC Information Technology Co Ltd (000889) $338.44 Million -592.41% 3.36x $605.58 Million
Yunnan Nantian Electronics Information Co Ltd (000948) $516.76 Million 0.60% 0.37x $826.70 Million
Guomai Technologies Inc (002093) $1.28 Billion 8.47% 0.78x $1.23 Billion
Shanghai HiTech Control System (002184) $1.27 Billion 1.14% 0.70x $601.98 Million
SZZT Electronics Co Ltd (002197) $2.42 Billion -9.95% 1.15x $723.70 Million
Talkweb Information System Co Ltd (002261) $3.78 Billion 5.60% 0.12x $6.53 Billion
Taiji Computer Corp Ltd (002368) $2.03 Billion 9.66% 1.05x $1.57 Billion
COSCO SHIPPING Technology Co Ltd (002401) $715.73 Million 7.66% 0.70x $771.75 Million

About Westone Information Industry Inc

SHE:002268 China Information Technology Services
Market Cap
$1.94 Billion
CN¥13.26 Billion CNY
Market Cap Rank
#6388 Global
#1429 in China
Share Price
CN¥15.68
Change (1 day)
+0.38%
52-Week Range
CN¥15.07 - CN¥23.76
All Time High
CN¥61.86
Categories
Companies in China Information Technology Services Technology AI & Machine Learning
About

CETC Cyberspace Security Technology Co., Ltd. provides network information security products and services to the government, military, and enterprises across various industries in China. It offers sound products, including chips, modules, platforms, overall units, systems, solutions, and security services for network security, host security, data security, application security, etc. The company w… Read more