Maxvision Technology Corp (002990) - Net Assets
Based on the latest financial reports, Maxvision Technology Corp (002990) has net assets worth CN¥2.44 Billion CNY (≈ $357.05 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¥3.74 Billion ≈ $546.67 Million USD) and total liabilities (CN¥1.30 Billion ≈ $189.62 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 002990 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.44 Billion |
| % of Total Assets | 65.31% |
| Annual Growth Rate | 36.51% |
| 5-Year Change | 27.23% |
| 10-Year Change | N/A |
| Growth Volatility | 62.02 |
Maxvision Technology Corp - Net Assets Trend (2016–2024)
This chart illustrates how Maxvision Technology Corp's net assets have evolved over time, based on quarterly financial data. Also explore Maxvision Technology Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Maxvision Technology Corp (2016–2024)
The table below shows the annual net assets of Maxvision Technology Corp from 2016 to 2024. For live valuation and market cap data, see Maxvision Technology Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.40 Billion ≈ $351.26 Million |
+4.42% |
| 2023-12-31 | CN¥2.30 Billion ≈ $336.37 Million |
+9.73% |
| 2022-12-31 | CN¥2.09 Billion ≈ $306.54 Million |
+3.48% |
| 2021-12-31 | CN¥2.02 Billion ≈ $296.22 Million |
+7.30% |
| 2020-12-31 | CN¥1.89 Billion ≈ $276.07 Million |
+201.70% |
| 2019-12-31 | CN¥625.32 Million ≈ $91.50 Million |
+51.70% |
| 2018-12-31 | CN¥412.22 Million ≈ $60.32 Million |
+52.42% |
| 2017-12-31 | CN¥270.46 Million ≈ $39.58 Million |
+35.88% |
| 2016-12-31 | CN¥199.04 Million ≈ $29.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Maxvision Technology Corp'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 2152.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥969.61 Million | 40.39% |
| Common Stock | CN¥256.03 Million | 10.67% |
| Other Comprehensive Income | CN¥-7.49K | 0.00% |
| Other Components | CN¥1.17 Billion | 48.94% |
| Total Equity | CN¥2.40 Billion | 100.00% |
Maxvision Technology Corp Competitors by Market Cap
The table below lists competitors of Maxvision Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Extendicare Inc
TO:EXE
|
$2.06 Billion |
|
AF Gruppen ASA
OL:AFG
|
$2.06 Billion |
|
SF Diamond
SHE:300179
|
$2.07 Billion |
|
Guangdong No2 Hydropower Engineering Co Ltd
SHE:002060
|
$2.07 Billion |
|
MLS Co Ltd
SHE:002745
|
$2.06 Billion |
|
Allied Machinery Co. Ltd.
SHG:605060
|
$2.06 Billion |
|
Mirgor S.A.
BA:MIRG
|
$2.06 Billion |
|
Fidelis Insurance Holdings Limited
NYSE:FIHL
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maxvision Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,298,708,622 to 2,400,418,108, a change of 101,709,486 (4.4%).
- Net income of 174,901,089 contributed positively to equity growth.
- Dividend payments of 102,426,815 reduced retained earnings.
- Share repurchases of 542,092 reduced equity.
- Other comprehensive income decreased equity by 56,781.
- Other factors increased equity by 29,834,085.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥174.90 Million | +7.29% |
| Dividends Paid | CN¥102.43 Million | -4.27% |
| Share Repurchases | CN¥542.09K | -0.02% |
| Other Comprehensive Income | CN¥-56.78K | -0.0% |
| Other Changes | CN¥29.83 Million | +1.24% |
| Total Change | CN¥- | 4.42% |
Book Value vs Market Value Analysis
This analysis compares Maxvision Technology Corp'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: 5.68x
- 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 50.73x to 5.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.06 | CN¥53.83 | x |
| 2017-12-31 | CN¥1.43 | CN¥53.83 | x |
| 2018-12-31 | CN¥2.18 | CN¥53.83 | x |
| 2019-12-31 | CN¥3.30 | CN¥53.83 | x |
| 2020-12-31 | CN¥7.90 | CN¥53.83 | x |
| 2021-12-31 | CN¥7.91 | CN¥53.83 | x |
| 2022-12-31 | CN¥8.02 | CN¥53.83 | x |
| 2023-12-31 | CN¥8.93 | CN¥53.83 | x |
| 2024-12-31 | CN¥9.47 | CN¥53.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maxvision Technology Corp 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): 7.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.31%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.44x
- Recent ROE (7.29%) is below the historical average (17.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 23.56% | 19.47% | 0.60x | 2.02x | CN¥26.99 Million |
| 2017 | 26.41% | 21.38% | 0.65x | 1.91x | CN¥44.37 Million |
| 2018 | 34.39% | 27.95% | 0.59x | 2.09x | CN¥100.55 Million |
| 2019 | 34.08% | 26.39% | 0.64x | 2.00x | CN¥150.57 Million |
| 2020 | 11.89% | 24.00% | 0.38x | 1.31x | CN¥35.73 Million |
| 2021 | 8.85% | 15.91% | 0.37x | 1.50x | CN¥-23.19 Million |
| 2022 | 4.61% | 9.77% | 0.33x | 1.45x | CN¥-112.81 Million |
| 2023 | 8.62% | 12.60% | 0.44x | 1.55x | CN¥-31.64 Million |
| 2024 | 7.29% | 14.31% | 0.35x | 1.44x | CN¥-65.14 Million |
Industry Comparison
This section compares Maxvision Technology Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $860,791,243
- Average return on equity (ROE) among peers: -68.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maxvision Technology Corp (002990) | CN¥2.44 Billion | 23.56% | 0.53x | $2.06 Billion |
| Eastcompeace Technology Co Ltd (002017) | $410.34 Million | 9.14% | 0.48x | $1.61 Billion |
| Wiscom System Co Ltd (002090) | $436.23 Million | 11.30% | 0.39x | $658.27 Million |
| Topsec Technologies Group Inc (002212) | $1.80 Billion | 3.14% | 0.75x | $1.26 Billion |
| Focus Technology Co Ltd (002315) | $1.62 Billion | 10.04% | 0.15x | $1.41 Billion |
| Beijing Venustech Inc (002439) | $994.71 Million | 6.03% | 0.19x | $2.77 Billion |
| Wangsu Science Tech (300017) | $708.43 Million | 5.48% | 0.03x | $5.76 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $1.18 Billion | 10.37% | 0.34x | $1.15 Billion |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $539.78 Million | -23.92% | 1.03x | $3.85 Billion |
| TIZA Information Industry Corporation Inc (300209) | $56.50 Million | -649.13% | 13.39x | $2.37 Billion |
About Maxvision Technology Corp
Maxvision Technology Corp., together with its subsidiaries, researches, develops, produces, and sells intelligent products and system solutions in China, the Middle East, Africa, Southeast Asia, and internationally. The company offers identity authentication services, including face recognition terminal, palm vein identity, fingerprint capture, biometric information capture, ID/travel document re… Read more