AVCON Information Tech (300074) - Net Assets
Based on the latest financial reports, AVCON Information Tech (300074) has net assets worth CN¥888.81 Million CNY (≈ $130.06 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¥1.40 Billion ≈ $204.69 Million USD) and total liabilities (CN¥509.97 Million ≈ $74.62 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 how tangible is AVCON Information Tech's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥888.81 Million |
| % of Total Assets | 63.54% |
| Annual Growth Rate | 18.04% |
| 5-Year Change | -26.1% |
| 10-Year Change | -22.3% |
| Growth Volatility | 137.67 |
AVCON Information Tech - Net Assets Trend (2007–2025)
This chart illustrates how AVCON Information Tech's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of AVCON Information Tech to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for AVCON Information Tech (2007–2025)
The table below shows the annual net assets of AVCON Information Tech from 2007 to 2025. For live valuation and market cap data, see 300074 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥890.48 Million ≈ $130.31 Million |
-16.74% |
| 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 |
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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 9.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥27.69 Million | 3.25% |
| Other Components | CN¥824.75 Million | 96.75% |
| Total Equity | CN¥852.44 Million | 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 |
|---|---|
|
ALPHA
KLSE:0303
|
$298.81 Million |
|
Daishin Securities Co Ltd Pref
KO:003545
|
$298.84 Million |
|
PRUKSA HOLDING
BK:PSH-R
|
$298.84 Million |
|
Wistron Information Technology & Services
TWO:4953
|
$298.87 Million |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
$298.66 Million |
|
Gannett Co Inc
NYSE:GCI
|
$298.63 Million |
|
MOLSON COORS CDA EXCH.B
F:65K
|
$298.57 Million |
|
Jiangsu Sainty Corp Ltd
SHG:600287
|
$298.49 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 2024 to 2025, total equity changed from 1,019,749,003 to 852,441,450, a change of -167,307,553 (-16.4%).
- Net loss of 186,447,269 reduced equity.
- Dividend payments of 4,369,907 reduced retained earnings.
- Other factors increased equity by 23,509,623.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-186.45 Million | -21.87% |
| Dividends Paid | CN¥4.37 Million | -0.51% |
| Other Changes | CN¥23.51 Million | +2.76% |
| Total Change | CN¥- | -16.41% |
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: 2.39x
- 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 32.65x 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 |
|---|---|---|---|
| 2007-12-31 | CN¥0.11 | CN¥3.71 | x |
| 2008-12-31 | CN¥0.18 | CN¥3.71 | x |
| 2009-12-31 | CN¥0.29 | CN¥3.71 | x |
| 2010-12-31 | CN¥1.69 | CN¥3.71 | x |
| 2011-12-31 | CN¥1.57 | CN¥3.71 | x |
| 2012-12-31 | CN¥1.72 | CN¥3.71 | x |
| 2013-12-31 | CN¥1.90 | CN¥3.71 | x |
| 2014-12-31 | CN¥1.92 | CN¥3.71 | x |
| 2015-12-31 | CN¥1.99 | CN¥3.71 | x |
| 2016-12-31 | CN¥2.14 | CN¥3.71 | x |
| 2017-12-31 | CN¥2.22 | CN¥3.71 | x |
| 2018-12-31 | CN¥2.24 | CN¥3.71 | x |
| 2019-12-31 | CN¥2.26 | CN¥3.71 | x |
| 2020-12-31 | CN¥2.18 | CN¥3.71 | x |
| 2021-12-31 | CN¥2.16 | CN¥3.71 | x |
| 2022-12-31 | CN¥1.96 | CN¥3.71 | x |
| 2023-12-31 | CN¥1.97 | CN¥3.71 | x |
| 2024-12-31 | CN¥1.92 | CN¥3.71 | x |
| 2025-12-31 | CN¥1.55 | CN¥3.71 | 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): -21.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.13%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.69x
- Recent ROE (-21.87%) is below the historical average (7.52%), 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 |
| 2025 | -21.87% | -63.13% | 0.21x | 1.69x | CN¥-271.69 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: $6,852,220,766
- Average return on equity (ROE) among peers: -12.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVCON Information Tech (300074) | CN¥888.81 Million | 53.41% | 0.57x | $298.76 Million |
| ZTE Corp (000063) | $59.54 Billion | 13.57% | 2.04x | $22.19 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $777.81 Million | 0.64% | 0.63x | $2.72 Billion |
| Addsino Co Ltd (000547) | $5.39 Billion | 4.52% | 0.29x | $4.69 Billion |
| Sichuan Huiyuan Optical Com (000586) | $448.24 Million | 2.88% | 0.47x | $438.47 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $366.30 Million | -60.83% | 6.39x | $413.20 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $117.42 Million | 3.98% | 0.49x | $1.72 Billion |
| Skyworth Digital Co Ltd (000810) | $301.13 Million | 0.65% | 1.81x | $2.04 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $397.58 Million | -4.60% | 0.35x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $983.24 Million |
| Sunwave Communications Co Ltd (002115) | $945.20 Million | -14.30% | 1.10x | $1.40 Billion |
About AVCON Information Tech
AVCON Information Technology Co., Ltd. provides video products and applications in China and internationally. The company offers online education products, such as online classroom server and terminal, and classroom camera; digital surveillance products, that includes AMP monitoring and management platform, HTVS video wall terminal, MAS monitoring gateway, and network hard disk video recorder; vi… Read more