Wuhan PS Information Tech (300184) - Net Assets
Based on the latest financial reports, Wuhan PS Information Tech (300184) has net assets worth CN¥3.82 Billion CNY (≈ $558.90 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.40 Billion ≈ $936.21 Million USD) and total liabilities (CN¥2.58 Billion ≈ $377.31 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 Wuhan PS Information Tech (300184) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.82 Billion |
| % of Total Assets | 59.7% |
| Annual Growth Rate | 27.18% |
| 5-Year Change | 27.83% |
| 10-Year Change | 442.13% |
| Growth Volatility | 78.19 |
Wuhan PS Information Tech - Net Assets Trend (2007–2024)
This chart illustrates how Wuhan PS Information Tech's net assets have evolved over time, based on quarterly financial data. Also explore Wuhan PS Information Tech balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Wuhan PS Information Tech (2007–2024)
The table below shows the annual net assets of Wuhan PS Information Tech from 2007 to 2024. For live valuation and market cap data, see Wuhan PS Information Tech market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.73 Billion ≈ $545.76 Million |
+3.24% |
| 2023-12-31 | CN¥3.61 Billion ≈ $528.63 Million |
+1.74% |
| 2022-12-31 | CN¥3.55 Billion ≈ $519.58 Million |
+8.49% |
| 2021-12-31 | CN¥3.27 Billion ≈ $478.91 Million |
+12.18% |
| 2020-12-31 | CN¥2.92 Billion ≈ $426.93 Million |
-37.85% |
| 2019-12-31 | CN¥4.69 Billion ≈ $686.95 Million |
+2.59% |
| 2018-12-31 | CN¥4.58 Billion ≈ $669.60 Million |
+8.85% |
| 2017-12-31 | CN¥4.20 Billion ≈ $615.17 Million |
+222.17% |
| 2016-12-31 | CN¥1.30 Billion ≈ $190.94 Million |
+89.67% |
| 2015-12-31 | CN¥687.96 Million ≈ $100.67 Million |
+8.83% |
| 2014-12-31 | CN¥632.15 Million ≈ $92.50 Million |
+45.60% |
| 2013-12-31 | CN¥434.17 Million ≈ $63.53 Million |
-3.05% |
| 2012-12-31 | CN¥447.83 Million ≈ $65.53 Million |
-1.02% |
| 2011-12-31 | CN¥452.44 Million ≈ $66.21 Million |
+263.89% |
| 2010-12-31 | CN¥124.33 Million ≈ $18.19 Million |
+29.13% |
| 2009-12-31 | CN¥96.28 Million ≈ $14.09 Million |
+24.58% |
| 2008-12-31 | CN¥77.29 Million ≈ $11.31 Million |
+23.45% |
| 2007-12-31 | CN¥62.61 Million ≈ $9.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wuhan PS 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 decreased by 6312.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.85 Billion | 103.36% |
| Total Equity | CN¥3.73 Billion | 100.00% |
Wuhan PS Information Tech Competitors by Market Cap
The table below lists competitors of Wuhan PS Information Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ePlus inc
NASDAQ:PLUS
|
$2.25 Billion |
|
BB Biotech AG
SW:BION
|
$2.25 Billion |
|
RBL Bank Limited
NSE:RBLBANK
|
$2.25 Billion |
|
CREDITACCESS GRAMEEN LIMITED
NSE:CREDITACC
|
$2.25 Billion |
|
BW LPG Limited
F:BW9
|
$2.25 Billion |
|
Polibeli Group Ltd Class A Ordinary Shares
NASDAQ:PLBL
|
$2.25 Billion |
|
Zai Lab Ltd
NASDAQ:ZLAB
|
$2.24 Billion |
|
Shell plc
LSE:SHEL
|
$2.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhan PS Information Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,612,566,363 to 3,729,607,322, a change of 117,040,959 (3.2%).
- Net income of 98,425,340 contributed positively to equity growth.
- Dividend payments of 48,515,937 reduced retained earnings.
- Other factors increased equity by 67,131,556.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥98.43 Million | +2.64% |
| Dividends Paid | CN¥48.52 Million | -1.3% |
| Other Changes | CN¥67.13 Million | +1.8% |
| Total Change | CN¥- | 3.24% |
Book Value vs Market Value Analysis
This analysis compares Wuhan PS 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: 4.13x
- 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 3.76x to 4.13x 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¥3.55 | CN¥13.35 | x |
| 2018-12-31 | CN¥3.86 | CN¥13.35 | x |
| 2019-12-31 | CN¥3.98 | CN¥13.35 | x |
| 2020-12-31 | CN¥2.48 | CN¥13.35 | x |
| 2021-12-31 | CN¥2.81 | CN¥13.35 | x |
| 2022-12-31 | CN¥3.05 | CN¥13.35 | x |
| 2023-12-31 | CN¥3.13 | CN¥13.35 | x |
| 2024-12-31 | CN¥3.23 | CN¥13.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhan PS 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): 2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.58x
- Recent ROE (2.64%) is below the historical average (5.16%), 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 | 22.64% | 15.65% | 1.07x | 1.35x | CN¥7.91 Million |
| 2008 | 19.82% | 11.29% | 1.23x | 1.43x | CN¥7.59 Million |
| 2009 | 20.37% | 11.50% | 1.17x | 1.51x | CN¥9.99 Million |
| 2010 | 23.78% | 12.72% | 1.22x | 1.53x | CN¥17.14 Million |
| 2011 | 5.35% | 9.77% | 0.51x | 1.08x | CN¥-21.05 Million |
| 2012 | 4.25% | 6.46% | 0.59x | 1.11x | CN¥-25.73 Million |
| 2013 | 3.94% | 5.08% | 0.69x | 1.13x | CN¥-26.31 Million |
| 2014 | 3.41% | 3.24% | 0.69x | 1.54x | CN¥-39.25 Million |
| 2015 | 5.38% | 3.63% | 1.02x | 1.46x | CN¥-31.77 Million |
| 2016 | 3.63% | 2.97% | 0.91x | 1.33x | CN¥-83.14 Million |
| 2017 | 7.70% | 3.93% | 1.34x | 1.46x | CN¥-96.57 Million |
| 2018 | 7.81% | 3.31% | 1.67x | 1.41x | CN¥-100.19 Million |
| 2019 | 4.10% | 1.47% | 2.01x | 1.39x | CN¥-277.05 Million |
| 2020 | -59.48% | -16.75% | 2.17x | 1.64x | CN¥-2.03 Billion |
| 2021 | 9.36% | 2.93% | 2.01x | 1.59x | CN¥-20.87 Million |
| 2022 | 6.35% | 2.80% | 1.50x | 1.51x | CN¥-129.75 Million |
| 2023 | 1.84% | 1.12% | 1.07x | 1.54x | CN¥-294.90 Million |
| 2024 | 2.64% | 1.26% | 1.33x | 1.58x | CN¥-274.54 Million |
Industry Comparison
This section compares Wuhan PS Information Tech's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $1,492,855,351
- Average return on equity (ROE) among peers: 8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhan PS Information Tech (300184) | CN¥3.82 Billion | 22.64% | 0.68x | $2.25 Billion |
| Shenzhen Huaqiang Industry Co Ltd (000062) | $1.19 Billion | 5.37% | 0.09x | $5.65 Billion |
| Telling Telecommunication Holding Co Ltd (000829) | $3.07 Billion | 1.02% | 6.48x | $1.76 Billion |
| Unisplendour Corp Ltd (000938) | $713.80 Million | 1.40% | 1.12x | $13.39 Billion |
| Shenzhen H&T Intelligent Control Co Ltd (002402) | $4.92 Billion | 8.90% | 0.73x | $4.28 Billion |
| Beijing Oriental Jicheng Co Ltd (002819) | $504.43 Million | 9.29% | 0.85x | $1.16 Billion |
| GuangDong Rifeng Electric Cable Co Ltd (002953) | $481.76 Million | 23.99% | 0.83x | $851.69 Million |
| Shenyu Communication Technology Inc (300563) | $937.76 Million | 7.43% | 0.35x | $861.40 Million |
| Nanjing Sunlord Electronics Corporation LTD (300975) | $1.10 Billion | 13.56% | 0.62x | $2.06 Billion |
| Langfang Development Co Ltd (600149) | $523.64 Million | 6.16% | 0.83x | $357.70 Million |
About Wuhan PS Information Tech
Wuhan P&S Information Technology Co., Ltd. engages in the agency distribution business in China and internationally. The company offers MCUs and MPUs, system management, communication interface, data converters, signal conditioning, power management, digital logic, clock management, switch, memory, power, sensor, special and passive IC, discrete, digital potentiometer, optoelectronics, and connec… Read more