AVCON Information Tech (300074) - Net Assets

Latest as of September 2025: CN¥1.03 Billion CNY ≈ $150.62 Million USD

Based on the latest financial reports, AVCON Information Tech (300074) has net assets worth CN¥1.03 Billion CNY (≈ $150.62 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¥1.55 Billion ≈ $226.91 Million USD) and total liabilities (CN¥521.34 Million ≈ $76.29 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 AVCON Information Tech asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.03 Billion
% of Total Assets	66.38%
Annual Growth Rate	20.49%
5-Year Change	-8.24%
10-Year Change	1.56%
Growth Volatility	140.93

AVCON Information Tech - Net Assets Trend (2007–2024)

This chart illustrates how AVCON Information Tech's net assets have evolved over time, based on quarterly financial data. Also explore 300074 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for AVCON Information Tech (2007–2024)

The table below shows the annual net assets of AVCON Information Tech from 2007 to 2024. For live valuation and market cap data, see 300074 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥1.07 Billion ≈ $156.51 Million	-4.01%
2023-12-31	CN¥1.11 Billion ≈ $163.04 Million	+2.13%
2022-12-31	CN¥1.09 Billion ≈ $159.65 Million	-9.46%
2021-12-31	CN¥1.21 Billion ≈ $176.33 Million	+3.39%
2020-12-31	CN¥1.17 Billion ≈ $170.56 Million	-3.68%
2019-12-31	CN¥1.21 Billion ≈ $177.07 Million	-0.39%
2018-12-31	CN¥1.21 Billion ≈ $177.76 Million	+0.56%
2017-12-31	CN¥1.21 Billion ≈ $176.77 Million	+5.41%
2016-12-31	CN¥1.15 Billion ≈ $167.71 Million	+8.83%
2015-12-31	CN¥1.05 Billion ≈ $154.10 Million	+3.83%
2014-12-31	CN¥1.01 Billion ≈ $148.42 Million	+1.13%
2013-12-31	CN¥1.00 Billion ≈ $146.76 Million	+10.15%
2012-12-31	CN¥910.56 Million ≈ $133.24 Million	+9.85%
2011-12-31	CN¥828.91 Million ≈ $121.30 Million	+1.30%
2010-12-31	CN¥818.30 Million ≈ $119.74 Million	+602.64%
2009-12-31	CN¥116.46 Million ≈ $17.04 Million	+60.48%
2008-12-31	CN¥72.57 Million ≈ $10.62 Million	+61.29%
2007-12-31	CN¥45.00 Million ≈ $6.58 Million	--

Equity Component Analysis

This analysis shows how different components contribute to AVCON Information 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 grown by 748.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥214.14 Million	21.00%
Common Stock	CN¥543.58 Million	53.31%
Other Components	CN¥262.02 Million	25.69%
Total Equity	CN¥1.02 Billion	100.00%

AVCON Information Tech Competitors by Market Cap

The table below lists competitors of AVCON Information Tech ranked by their market capitalization.

Company	Market Cap
Hong Tai Electric Industrial Co Ltd TW:1612	$355.01 Million
Oma Saastopankki Oyj HE:OMASP	$355.08 Million
Cohen Dev TA:CDEV	$355.15 Million
Plumas Bancorp NASDAQ:PLBC	$355.26 Million
NSI NV AS:NSI	$354.91 Million
Aerostar Bacau RO:ARS	$354.90 Million
Kitex Garments Limited NSE:KITEX	$354.89 Million
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd SHG:600671	$354.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AVCON Information Tech's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,062,292,276 to 1,019,749,003, a change of -42,543,273 (-4.0%).
Net loss of 72,597,130 reduced equity.
Dividend payments of 5,644,650 reduced retained earnings.
Share repurchases of 10,121,094 reduced equity.
Other comprehensive income decreased equity by 49,654,908.
Other factors increased equity by 95,474,509.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-72.60 Million	-7.12%
Dividends Paid	CN¥5.64 Million	-0.55%
Share Repurchases	CN¥10.12 Million	-0.99%
Other Comprehensive Income	CN¥-49.65 Million	-4.87%
Other Changes	CN¥95.47 Million	+9.36%
Total Change	CN¥-	-4.00%

Book Value vs Market Value Analysis

This analysis compares AVCON Information 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: 2.30x
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 38.81x to 2.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	CN¥0.11	CN¥4.41	x
2008-12-31	CN¥0.18	CN¥4.41	x
2009-12-31	CN¥0.29	CN¥4.41	x
2010-12-31	CN¥1.69	CN¥4.41	x
2011-12-31	CN¥1.57	CN¥4.41	x
2012-12-31	CN¥1.72	CN¥4.41	x
2013-12-31	CN¥1.90	CN¥4.41	x
2014-12-31	CN¥1.92	CN¥4.41	x
2015-12-31	CN¥1.99	CN¥4.41	x
2016-12-31	CN¥2.14	CN¥4.41	x
2017-12-31	CN¥2.22	CN¥4.41	x
2018-12-31	CN¥2.24	CN¥4.41	x
2019-12-31	CN¥2.26	CN¥4.41	x
2020-12-31	CN¥2.18	CN¥4.41	x
2021-12-31	CN¥2.16	CN¥4.41	x
2022-12-31	CN¥1.96	CN¥4.41	x
2023-12-31	CN¥1.97	CN¥4.41	x
2024-12-31	CN¥1.92	CN¥4.41	x

Capital Efficiency Dashboard

This dashboard shows how efficiently AVCON Information 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): -7.12%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -14.80%
• Asset Turnover: 0.30x
• Equity Multiplier: 1.60x
Recent ROE (-7.12%) is below the historical average (9.15%), 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	53.41%	32.56%	1.12x	1.46x	CN¥19.53 Million
2008	38.00%	34.74%	0.93x	1.17x	CN¥20.32 Million
2009	37.69%	43.17%	0.81x	1.08x	CN¥32.24 Million
2010	5.92%	46.81%	0.12x	1.02x	CN¥-33.42 Million
2011	6.11%	40.04%	0.15x	1.03x	CN¥-32.28 Million
2012	8.97%	40.94%	0.21x	1.05x	CN¥-9.41 Million
2013	10.21%	40.12%	0.24x	1.05x	CN¥2.10 Million
2014	3.06%	14.04%	0.21x	1.05x	CN¥-70.47 Million
2015	3.19%	10.12%	0.27x	1.18x	CN¥-71.56 Million
2016	6.24%	20.69%	0.25x	1.22x	CN¥-42.53 Million
2017	2.87%	7.53%	0.29x	1.33x	CN¥-85.22 Million
2018	1.23%	3.30%	0.29x	1.29x	CN¥-105.75 Million
2019	1.33%	3.34%	0.32x	1.26x	CN¥-104.40 Million
2020	1.97%	5.09%	0.26x	1.51x	CN¥-92.61 Million
2021	0.79%	2.03%	0.25x	1.56x	CN¥-105.75 Million
2022	-10.18%	-25.64%	0.26x	1.54x	CN¥-209.85 Million
2023	1.03%	2.05%	0.33x	1.54x	CN¥-95.33 Million
2024	-7.12%	-14.80%	0.30x	1.60x	CN¥-174.57 Million

Industry Comparison

This section compares AVCON Information Tech's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

Industry: Communication Equipment
Average net assets among peers: $5,529,985,490
Average return on equity (ROE) among peers: -0.98%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
AVCON Information Tech (300074)	CN¥1.03 Billion	53.41%	0.51x	$354.98 Million
ZTE Corp (000063)	$43.35 Billion	8.36%	1.79x	$21.63 Billion
Shenzhen SDG Information Co Ltd (000070)	$204.52 Million	22.76%	2.18x	$2.38 Billion
Addsino Co Ltd (000547)	$459.32 Million	-8.36%	1.39x	$5.75 Billion
Sichuan Huiyuan Optical Com (000586)	$262.65 Million	0.31%	1.13x	$501.31 Million
PetroChina Jinhong Energy Investment Co Ltd (000669)	$78.54 Million	4.37%	0.86x	$417.18 Million
Sichuan Jiuzhou Electronic Co Ltd (000801)	$2.80 Billion	2.74%	0.79x	$1.90 Billion
Skyworth Digital Co Ltd (000810)	$2.01 Billion	18.94%	0.94x	$2.14 Billion
Gohigh Data Networks Technology Co Ltd (000851)	$2.78 Billion	2.03%	1.22x	$64.38 Million
Shenzhen Coship Electronics Co Ltd (002052)	$916.66 Million	-66.59%	1.08x	$1.11 Billion
Sunwave Communications Co Ltd (002115)	$2.43 Billion	5.61%	0.88x	$1.71 Billion

About AVCON Information Tech

SHE:300074 China Communication Equipment

Market Cap

$354.98 Million

CN¥2.43 Billion CNY

Market Cap Rank

#14268 Global

#4496 in China

Share Price

CN¥4.41

Change (1 day)

+0.92%

52-Week Range

CN¥3.91 - CN¥5.49

All Time High

CN¥17.12