QITIAN Technology Group Co Ltd (300061) - Net Assets
Based on the latest financial reports, QITIAN Technology Group Co Ltd (300061) has net assets worth CN¥481.50 Million CNY (≈ $70.46 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¥1.17 Billion ≈ $170.64 Million USD) and total liabilities (CN¥684.65 Million ≈ $100.19 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. Also explore 300061 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥481.50 Million |
| % of Total Assets | 41.29% |
| Annual Growth Rate | 11.68% |
| 5-Year Change | -59.39% |
| 10-Year Change | -85.69% |
| Growth Volatility | 145.6 |
QITIAN Technology Group Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how QITIAN Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Check QITIAN Technology Group Co Ltd (300061) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for QITIAN Technology Group Co Ltd (2007–2025)
The table below shows the annual net assets of QITIAN Technology Group Co Ltd from 2007 to 2025. For live valuation and market cap data, see QITIAN Technology Group Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥471.02 Million ≈ $68.93 Million |
-17.10% |
| 2024-12-31 | CN¥568.15 Million ≈ $83.14 Million |
-27.48% |
| 2023-12-31 | CN¥783.38 Million ≈ $114.63 Million |
-35.02% |
| 2022-12-31 | CN¥1.21 Billion ≈ $176.40 Million |
+3.93% |
| 2021-12-31 | CN¥1.16 Billion ≈ $169.73 Million |
-11.59% |
| 2020-12-31 | CN¥1.31 Billion ≈ $191.97 Million |
-48.48% |
| 2019-12-31 | CN¥2.55 Billion ≈ $372.60 Million |
+3.25% |
| 2018-12-31 | CN¥2.47 Billion ≈ $360.88 Million |
-31.21% |
| 2017-12-31 | CN¥3.58 Billion ≈ $524.57 Million |
+8.93% |
| 2016-12-31 | CN¥3.29 Billion ≈ $481.56 Million |
+579.36% |
| 2015-12-31 | CN¥484.42 Million ≈ $70.89 Million |
+7.19% |
| 2014-12-31 | CN¥451.92 Million ≈ $66.13 Million |
-0.47% |
| 2013-12-31 | CN¥454.08 Million ≈ $66.45 Million |
+11.08% |
| 2012-12-31 | CN¥408.78 Million ≈ $59.82 Million |
-0.03% |
| 2011-12-31 | CN¥408.91 Million ≈ $59.84 Million |
+10.74% |
| 2010-12-31 | CN¥369.27 Million ≈ $54.04 Million |
+267.38% |
| 2009-12-31 | CN¥100.51 Million ≈ $14.71 Million |
+27.04% |
| 2008-12-31 | CN¥79.12 Million ≈ $11.58 Million |
+22.73% |
| 2007-12-31 | CN¥64.46 Million ≈ $9.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to QITIAN Technology Group Co 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 decreased by 17083.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.55 Billion | 561.63% |
| Total Equity | CN¥453.38 Million | 100.00% |
QITIAN Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of QITIAN Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HomeTrust Bancshares, Inc.
NASDAQ:HTB
|
$626.83 Million |
|
Lotte Tour Dev
KO:032350
|
$626.84 Million |
|
Stx Engine
KO:077970
|
$626.99 Million |
|
Mako Mining Corp
V:MKO
|
$627.09 Million |
|
Total Energy Services Inc.
TO:TOT
|
$626.74 Million |
|
Klaveness Combination Carriers ASA
OL:KCC
|
$626.69 Million |
|
Kopin Corporation
NASDAQ:KOPN
|
$626.64 Million |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
$626.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QITIAN Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 551,840,566 to 453,375,001, a change of -98,465,565 (-17.8%).
- Net loss of 83,213,814 reduced equity.
- Dividend payments of 16,856,439 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-83.21 Million | -18.35% |
| Dividends Paid | CN¥16.86 Million | -3.72% |
| Other Changes | CN¥1.60 Million | +0.35% |
| Total Change | CN¥- | -17.84% |
Book Value vs Market Value Analysis
This analysis compares QITIAN Technology Group Co 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: 9.45x
- 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 increased from 1.27x to 9.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥5.12 | CN¥6.50 | x |
| 2018-12-31 | CN¥3.41 | CN¥6.50 | x |
| 2019-12-31 | CN¥3.38 | CN¥6.50 | x |
| 2020-12-31 | CN¥1.94 | CN¥6.50 | x |
| 2021-12-31 | CN¥1.79 | CN¥6.50 | x |
| 2022-12-31 | CN¥1.86 | CN¥6.50 | x |
| 2023-12-31 | CN¥1.16 | CN¥6.50 | x |
| 2024-12-31 | CN¥0.84 | CN¥6.50 | x |
| 2025-12-31 | CN¥0.69 | CN¥6.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QITIAN Technology Group Co 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): -18.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.11%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.45x
- Recent ROE (-18.35%) is below the historical average (-7.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.72% | 10.87% | 0.66x | 2.76x | CN¥6.27 Million |
| 2008 | 18.52% | 10.15% | 0.74x | 2.47x | CN¥6.74 Million |
| 2009 | 21.29% | 12.73% | 0.77x | 2.17x | CN¥11.34 Million |
| 2010 | 4.34% | 9.40% | 0.37x | 1.26x | CN¥-20.90 Million |
| 2011 | 2.52% | 3.38% | 0.44x | 1.68x | CN¥-28.38 Million |
| 2013 | 5.29% | 5.00% | 0.59x | 1.79x | CN¥-18.69 Million |
| 2014 | 9.15% | 6.21% | 0.77x | 1.92x | CN¥-3.40 Million |
| 2015 | 11.92% | 7.37% | 0.84x | 1.93x | CN¥8.25 Million |
| 2016 | 3.36% | 10.84% | 0.26x | 1.17x | CN¥-214.61 Million |
| 2017 | 8.52% | 15.02% | 0.45x | 1.25x | CN¥-51.84 Million |
| 2018 | -33.95% | -34.42% | 0.77x | 1.28x | CN¥-1.03 Billion |
| 2019 | 2.28% | 4.24% | 0.34x | 1.56x | CN¥-176.77 Million |
| 2020 | -58.35% | -51.75% | 0.68x | 1.65x | CN¥-888.17 Million |
| 2021 | -30.91% | -34.71% | 0.61x | 1.46x | CN¥-484.37 Million |
| 2022 | 4.22% | 4.12% | 0.64x | 1.61x | CN¥-70.85 Million |
| 2023 | -64.55% | -50.82% | 0.60x | 2.13x | CN¥-572.19 Million |
| 2024 | -38.82% | -34.18% | 0.47x | 2.41x | CN¥-269.40 Million |
| 2025 | -18.35% | -20.11% | 0.37x | 2.45x | CN¥-128.55 Million |
Industry Comparison
This section compares QITIAN Technology Group Co Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $792,542,245
- Average return on equity (ROE) among peers: 17.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QITIAN Technology Group Co Ltd (300061) | CN¥481.50 Million | 19.72% | 1.42x | $626.80 Million |
| Beijing Centergate Technologies Holding Co Ltd (000931) | $1.67 Billion | -1.81% | 1.12x | $429.80 Million |
| Blue Sail Medical Co Ltd (002382) | $158.41 Million | 38.73% | 1.07x | $858.11 Million |
| Andon Health Co Ltd (002432) | $757.75 Million | 0.92% | 0.08x | $4.66 Billion |
| Allmed Medical Products Co Ltd Class A (002950) | $1.10 Billion | 21.28% | 1.07x | $854.39 Million |
| Guangzhou Improve Med Instrument (300030) | $655.10 Million | 2.22% | 0.57x | $287.30 Million |
| Shanghai Tofflon Science Tech (300171) | $147.32 Million | 36.24% | 1.45x | $1.36 Billion |
| Truking Technology Ltd (300358) | $320.32 Million | 29.77% | 1.35x | $882.12 Million |
| Jiangxi Sanxin Medtec Co Ltd (300453) | $978.79 Million | 15.93% | 0.44x | $744.11 Million |
| Shenyang Xingqi Pharmaceutical Co Ltd (300573) | $1.34 Billion | 14.48% | 0.25x | $1.53 Billion |
About QITIAN Technology Group Co Ltd
QITIAN Technology Group Co., Ltd. operates as a digital technology company in China. The company offers user life cycle operation and management solutions. It serves banks and other financial institutions. QITIAN Technology Group Co., Ltd. was founded in 1996 and is based in Shanghai, China.