Taiji Computer Corp Ltd
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.
| Company | Market Cap |
|---|---|
|
Wockhardt Limited
NSE:WOCKPHARMA
|
$1.05 Billion |
|
WH Smith PLC
PINK:WHTPF
|
$1.05 Billion |
|
Bolsa Mexicana de Valores S.A.B. de C.V
OTCGREY:BOMXF
|
$1.05 Billion |
|
Ternium Argentina SA
BA:TXAR
|
$1.05 Billion |
|
Precinct Properties New Zealand Limited
PINK:AOTUF
|
$1.05 Billion |
|
Hanwha Investment&Securities Co Ltd
KO:003530
|
$1.05 Billion |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
$1.05 Billion |
|
CAPRICOR THERAP. DL-001
F:4LN2
|
$1.05 Billion |
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 |