Taiji Computer Corp Ltd

SHE:002368 China Information Technology Services
Market Cap
$1.71 Billion
CN¥12.53 Billion CNY
Market Cap Rank
#7130 Global
#1177 in China
Share Price
CN¥20.11
Change (1 day)
+0.00%
52-Week Range
CN¥19.95 - CN¥30.04
All Time High
CN¥3516.60
About

Taiji Computer Corporation Limited operates as a software and information technology service company in China. It offers information infrastructure, basic software, public service platform, business application, data operation, and other digital services, as well as cloud and data services, independent software products, industry solutions, and digital infrastructure services. The company serves … Read more

Taiji Computer Corp Ltd (002368) - Net Assets

Latest net assets as of September 2025: CN¥5.56 Billion CNY

Based on the latest financial reports, Taiji Computer Corp Ltd (002368) has net assets worth CN¥5.56 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¥15.23 Billion) and total liabilities (CN¥9.67 Billion). 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¥5.56 Billion
% of Total Assets 36.52%
Annual Growth Rate 24.47%
5-Year Change 48.48%
10-Year Change 157.3%
Growth Volatility 71.54

Taiji Computer Corp Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Taiji Computer Corp 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 Taiji Computer Corp Ltd (2006–2024)

The table below shows the annual net assets of Taiji Computer Corp Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.60 Billion +2.05%
2023-12-31 CN¥5.49 Billion +22.19%
2022-12-31 CN¥4.49 Billion +14.05%
2021-12-31 CN¥3.94 Billion +4.40%
2020-12-31 CN¥3.77 Billion +10.21%
2019-12-31 CN¥3.42 Billion +12.69%
2018-12-31 CN¥3.04 Billion +8.01%
2017-12-31 CN¥2.81 Billion +15.66%
2016-12-31 CN¥2.43 Billion +11.69%
2015-12-31 CN¥2.18 Billion +7.50%
2014-12-31 CN¥2.03 Billion +7.71%
2013-12-31 CN¥1.88 Billion +62.94%
2012-12-31 CN¥1.15 Billion +9.69%
2011-12-31 CN¥1.05 Billion +5.34%
2010-12-31 CN¥998.61 Million +322.58%
2009-12-31 CN¥236.31 Million +35.36%
2008-12-31 CN¥174.58 Million +18.46%
2007-12-31 CN¥147.38 Million +35.26%
2006-12-31 CN¥108.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Taiji Computer Corp 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 10101.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.58 Billion 49.30%
Common Stock CN¥623.23 Million 11.89%
Other Comprehensive Income CN¥374.47 Million 7.15%
Other Components CN¥1.66 Billion 31.66%
Total Equity CN¥5.24 Billion 100.00%

Taiji Computer Corp Ltd Competitors by Market Cap

The table below lists competitors of Taiji Computer Corp Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,175,217,574 to 5,240,388,400, a change of 65,170,826 (1.3%).
  • Net income of 191,084,181 contributed positively to equity growth.
  • Dividend payments of 177,906,846 reduced retained earnings.
  • Other comprehensive income increased equity by 374,466,469.
  • Other factors decreased equity by 322,472,978.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥191.08 Million +3.65%
Dividends Paid CN¥177.91 Million -3.39%
Other Comprehensive Income CN¥374.47 Million +7.15%
Other Changes CN¥-322.47 Million -6.15%
Total Change CN¥- 1.26%

Book Value vs Market Value Analysis

This analysis compares Taiji Computer Corp 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: 2.39x
  • 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 70.67x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.28 CN¥20.11 x
2007-12-31 CN¥0.39 CN¥20.11 x
2008-12-31 CN¥0.46 CN¥20.11 x
2009-12-31 CN¥0.63 CN¥20.11 x
2010-12-31 CN¥2.14 CN¥20.11 x
2011-12-31 CN¥2.10 CN¥20.11 x
2012-12-31 CN¥2.33 CN¥20.11 x
2013-12-31 CN¥3.75 CN¥20.11 x
2014-12-31 CN¥3.47 CN¥20.11 x
2015-12-31 CN¥3.70 CN¥20.11 x
2016-12-31 CN¥4.14 CN¥20.11 x
2017-12-31 CN¥4.50 CN¥20.11 x
2018-12-31 CN¥5.03 CN¥20.11 x
2019-12-31 CN¥5.61 CN¥20.11 x
2020-12-31 CN¥6.07 CN¥20.11 x
2021-12-31 CN¥6.38 CN¥20.11 x
2022-12-31 CN¥7.26 CN¥20.11 x
2023-12-31 CN¥8.43 CN¥20.11 x
2024-12-31 CN¥8.41 CN¥20.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taiji Computer Corp 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): 3.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.44%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 3.06x
  • Recent ROE (3.65%) is below the historical average (13.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 13.25% 1.67% 1.45x 5.45x CN¥3.42 Million
2007 39.58% 4.76% 1.89x 4.40x CN¥42.60 Million
2008 29.20% 3.85% 1.80x 4.21x CN¥33.20 Million
2009 26.24% 3.71% 1.74x 4.05x CN¥38.06 Million
2010 8.74% 4.44% 1.02x 1.93x CN¥-12.61 Million
2011 10.67% 4.98% 1.14x 1.88x CN¥7.08 Million
2012 11.46% 4.58% 1.06x 2.36x CN¥16.86 Million
2013 9.52% 5.25% 0.87x 2.08x CN¥-8.90 Million
2014 9.80% 4.60% 1.02x 2.08x CN¥-4.07 Million
2015 9.37% 4.17% 0.83x 2.70x CN¥-13.51 Million
2016 12.51% 5.78% 0.69x 3.15x CN¥60.49 Million
2017 11.15% 5.51% 0.61x 3.29x CN¥30.01 Million
2018 11.11% 5.25% 0.64x 3.28x CN¥31.56 Million
2019 10.34% 4.75% 0.66x 3.28x CN¥10.90 Million
2020 10.49% 4.32% 0.63x 3.84x CN¥17.13 Million
2021 10.09% 3.55% 0.61x 4.63x CN¥3.25 Million
2022 8.93% 3.55% 0.67x 3.76x CN¥-45.21 Million
2023 7.25% 4.08% 0.57x 3.13x CN¥-142.28 Million
2024 3.65% 2.44% 0.49x 3.06x CN¥-332.95 Million

Industry Comparison

This section compares Taiji Computer Corp Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,182,048,171
  • Average return on equity (ROE) among peers: 6.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taiji Computer Corp Ltd (002368) CN¥5.56 Billion 13.25% 1.74x $1.05 Billion
ZJBC Information Technology Co Ltd (000889) $2.34 Billion 0.86% 0.59x $286.23 Million
Yunnan Nantian Electronics Information Co Ltd (000948) $544.17 Million 2.19% 1.16x $554.08 Million
Guomai Technologies Inc (002093) $128.76 Million 18.12% 0.86x $675.52 Million
Shanghai HiTech Control System (002184) $597.99 Million 8.70% 0.45x $320.48 Million
SZZT Electronics Co Ltd (002197) $1.08 Billion 5.10% 0.54x $534.28 Million
Talkweb Information System Co Ltd (002261) $2.58 Billion -3.89% 1.09x $5.05 Billion
Westone Information Industry Inc (002268) $615.76 Million 14.05% 0.27x $1.36 Billion
Shenzhen Das Intellitech Co Ltd (002421) $118.90 Million 16.46% 0.87x $668.47 Million
Ronglian Group Ltd (002642) $2.63 Billion 1.35% 0.41x $574.03 Million