Xiamen 35Com Tech (300051) - Net Assets
Based on the latest financial reports, Xiamen 35Com Tech (300051) has net assets worth CN¥414.84 Million CNY (≈ $60.70 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.53 Billion ≈ $370.34 Million USD) and total liabilities (CN¥2.12 Billion ≈ $309.63 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 300051 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥414.84 Million |
| % of Total Assets | 16.39% |
| Annual Growth Rate | 27.67% |
| 5-Year Change | 121.18% |
| 10-Year Change | -52.06% |
| Growth Volatility | 251.5 |
Xiamen 35Com Tech - Net Assets Trend (2006–2025)
This chart illustrates how Xiamen 35Com Tech's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Xiamen 35Com Tech to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xiamen 35Com Tech (2006–2025)
The table below shows the annual net assets of Xiamen 35Com Tech from 2006 to 2025. For live valuation and market cap data, see 300051 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥478.97 Million ≈ $70.09 Million |
-43.44% |
| 2024-12-31 | CN¥846.90 Million ≈ $123.93 Million |
-20.09% |
| 2023-12-31 | CN¥1.06 Billion ≈ $155.08 Million |
+488.28% |
| 2022-12-31 | CN¥180.16 Million ≈ $26.36 Million |
-16.81% |
| 2021-12-31 | CN¥216.56 Million ≈ $31.69 Million |
-9.93% |
| 2020-12-31 | CN¥240.42 Million ≈ $35.18 Million |
-23.15% |
| 2019-12-31 | CN¥312.85 Million ≈ $45.78 Million |
-46.68% |
| 2018-12-31 | CN¥586.70 Million ≈ $85.85 Million |
-44.07% |
| 2017-12-31 | CN¥1.05 Billion ≈ $153.49 Million |
+5.00% |
| 2016-12-31 | CN¥999.01 Million ≈ $146.19 Million |
+8.04% |
| 2015-12-31 | CN¥924.67 Million ≈ $135.31 Million |
+68.88% |
| 2014-12-31 | CN¥547.53 Million ≈ $80.12 Million |
+7.84% |
| 2013-12-31 | CN¥507.73 Million ≈ $74.30 Million |
+3.34% |
| 2012-12-31 | CN¥491.32 Million ≈ $71.90 Million |
-7.99% |
| 2011-12-31 | CN¥534.00 Million ≈ $78.14 Million |
+1.35% |
| 2010-12-31 | CN¥526.91 Million ≈ $77.10 Million |
+410.27% |
| 2009-12-31 | CN¥103.26 Million ≈ $15.11 Million |
+31.60% |
| 2008-12-31 | CN¥78.47 Million ≈ $11.48 Million |
+57.39% |
| 2007-12-31 | CN¥49.85 Million ≈ $7.30 Million |
+978.95% |
| 2006-12-31 | CN¥4.62 Million ≈ $676.13K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen 35Com Tech'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 94480781418.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.07 Billion | 907.14% |
| Total Equity | CN¥117.56 Million | 100.00% |
Xiamen 35Com Tech Competitors by Market Cap
The table below lists competitors of Xiamen 35Com Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dook Media Group Limited
SHE:301025
|
$508.46 Million |
|
Grupo Empresarial San Jose SA
MC:GSJ
|
$508.50 Million |
|
Anhui Jiuhuashan Tourism Dvlp
SHG:603199
|
$508.55 Million |
|
Symphony Limited
NSE:SYMPHONY
|
$508.57 Million |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
$508.18 Million |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
$508.16 Million |
|
Vulcan Steel Ltd
AU:VSL
|
$508.03 Million |
|
Mahindra Holidays & Resorts India Limited
NSE:MHRIL
|
$507.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen 35Com Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 241,842,814 to 117,559,206, a change of -124,283,608 (-51.4%).
- Net loss of 131,205,298 reduced equity.
- Dividend payments of 48,412,390 reduced retained earnings.
- Other comprehensive income decreased equity by 16,356,426.
- Other factors increased equity by 71,690,506.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-131.21 Million | -111.61% |
| Dividends Paid | CN¥48.41 Million | -41.18% |
| Other Comprehensive Income | CN¥-16.36 Million | -13.91% |
| Other Changes | CN¥71.69 Million | +60.98% |
| Total Change | CN¥- | -51.39% |
Book Value vs Market Value Analysis
This analysis compares Xiamen 35Com Tech'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: 29.56x
- 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 368.92x to 29.56x 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¥0.03 | CN¥9.34 | x |
| 2007-12-31 | CN¥0.23 | CN¥9.34 | x |
| 2008-12-31 | CN¥0.33 | CN¥9.34 | x |
| 2009-12-31 | CN¥0.39 | CN¥9.34 | x |
| 2010-12-31 | CN¥1.70 | CN¥9.34 | x |
| 2011-12-31 | CN¥1.57 | CN¥9.34 | x |
| 2012-12-31 | CN¥1.47 | CN¥9.34 | x |
| 2013-12-31 | CN¥1.47 | CN¥9.34 | x |
| 2014-12-31 | CN¥1.79 | CN¥9.34 | x |
| 2015-12-31 | CN¥2.60 | CN¥9.34 | x |
| 2016-12-31 | CN¥2.58 | CN¥9.34 | x |
| 2017-12-31 | CN¥2.62 | CN¥9.34 | x |
| 2018-12-31 | CN¥1.61 | CN¥9.34 | x |
| 2019-12-31 | CN¥0.85 | CN¥9.34 | x |
| 2020-12-31 | CN¥0.68 | CN¥9.34 | x |
| 2021-12-31 | CN¥0.64 | CN¥9.34 | x |
| 2022-12-31 | CN¥0.53 | CN¥9.34 | x |
| 2023-12-31 | CN¥0.90 | CN¥9.34 | x |
| 2024-12-31 | CN¥0.66 | CN¥9.34 | x |
| 2025-12-31 | CN¥0.32 | CN¥9.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen 35Com Tech 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): -111.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.79%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 21.43x
- Recent ROE (-111.61%) is below the historical average (-3.95%), 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 | 144.83% | 10.84% | 2.24x | 5.97x | CN¥8.07 Million |
| 2007 | 52.45% | 26.79% | 0.82x | 2.39x | CN¥21.17 Million |
| 2008 | 36.08% | 24.49% | 0.93x | 1.59x | CN¥20.47 Million |
| 2009 | 33.70% | 27.37% | 0.94x | 1.31x | CN¥24.47 Million |
| 2010 | 6.75% | 20.37% | 0.30x | 1.11x | CN¥-16.94 Million |
| 2011 | 4.78% | 9.04% | 0.40x | 1.31x | CN¥-26.92 Million |
| 2012 | 0.68% | 1.24% | 0.45x | 1.21x | CN¥-45.52 Million |
| 2013 | 2.72% | 4.74% | 0.46x | 1.26x | CN¥-36.77 Million |
| 2014 | 1.12% | 1.99% | 0.36x | 1.55x | CN¥-44.16 Million |
| 2015 | -9.21% | -32.03% | 0.18x | 1.56x | CN¥-166.30 Million |
| 2016 | 6.20% | 18.26% | 0.22x | 1.56x | CN¥-34.91 Million |
| 2017 | 6.88% | 20.67% | 0.21x | 1.56x | CN¥-30.57 Million |
| 2018 | -58.47% | -147.29% | 0.22x | 1.83x | CN¥-405.01 Million |
| 2019 | -82.17% | -89.23% | 0.36x | 2.58x | CN¥-288.57 Million |
| 2020 | -28.11% | -31.04% | 0.32x | 2.86x | CN¥-93.28 Million |
| 2021 | -10.94% | -13.37% | 0.28x | 2.88x | CN¥-47.15 Million |
| 2022 | -16.84% | -18.15% | 0.30x | 3.06x | CN¥-51.34 Million |
| 2023 | -12.19% | -17.61% | 0.07x | 10.60x | CN¥-72.34 Million |
| 2024 | -45.62% | -22.04% | 0.15x | 13.66x | CN¥-134.51 Million |
| 2025 | -111.61% | -33.79% | 0.15x | 21.43x | CN¥-142.96 Million |
Industry Comparison
This section compares Xiamen 35Com Tech's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $4,025,217,489
- Average return on equity (ROE) among peers: 13.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen 35Com Tech (300051) | CN¥414.84 Million | 144.83% | 5.10x | $508.45 Million |
| Digital China Information Service Co Ltd (000555) | $3.30 Billion | 10.62% | 1.23x | $1.61 Billion |
| Fujian Newland Computer Co Ltd (000997) | $654.33 Million | 6.35% | 0.51x | $2.63 Billion |
| YGSOFT Inc (002063) | $1.72 Billion | 7.06% | 0.19x | $1.47 Billion |
| Dhc Software Co Ltd (002065) | $145.16 Million | 27.99% | 1.22x | $3.43 Billion |
| Zhejiang Netsun Co Ltd (002095) | $48.97 Million | 27.57% | 0.69x | $492.96 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $112.46 Million | 31.50% | 0.93x | $913.40 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $5.40 Billion | 7.76% | 0.26x | $3.07 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.26 Billion | 0.32% | 0.02x | $5.91 Billion |
| Iflytek Co Ltd (002230) | $17.34 Billion | 8.98% | 0.81x | $14.98 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.28 Billion | 7.10% | 0.51x | $891.37 Million |
About Xiamen 35Com Tech
Lians Technology Co., Ltd. engages in photovoltaic cell business in China. The company provides solar cells; and enterprise information technology services. It is also involved in the resale of professional mobile communications products; and housing rental business. The company was formerly known as Leascend Technology Co., Ltd and changed its name to Lians Technology Co., Ltd. in February 2026.… Read more