Xiamen Meiya Pico Information Net Assets
Xiamen Meiya Pico Information net assets. Based on the latest financial reports, Xiamen Meiya Pico Information (300188) has net assets worth CN¥3.26 Billion CNY (≈ $476.75 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¥5.05 Billion ≈ $738.77 Million USD) and total liabilities (CN¥1.79 Billion ≈ $262.02 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. See 300188 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.26 Billion |
| % of Total Assets | 64.53% |
| Annual Growth Rate | 31.39% |
| 5-Year Change | 7.7% |
| 10-Year Change | 113.19% |
| Growth Volatility | 116.5 |
Net Assets of Xiamen Meiya Pico Information (2007–2024)
Net assets of Xiamen Meiya Pico Information from 2007 to 2024. This chart illustrates how Xiamen Meiya Pico Information's net assets have evolved over time, based on quarterly financial data. Also explore Xiamen Meiya Pico Information net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Xiamen Meiya Pico Information (2007–2024)
The table below shows the annual net assets of Xiamen Meiya Pico Information from 2007 to 2024. For live market cap and overall valuation, see Xiamen Meiya Pico Information (300188) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.61 Billion ≈ $527.63 Million |
-11.29% |
| 2023-12-31 | CN¥4.06 Billion ≈ $594.78 Million |
-5.65% |
| 2022-12-31 | CN¥4.31 Billion ≈ $630.39 Million |
+20.87% |
| 2021-12-31 | CN¥3.56 Billion ≈ $521.54 Million |
+6.45% |
| 2020-12-31 | CN¥3.35 Billion ≈ $489.93 Million |
+12.18% |
| 2019-12-31 | CN¥2.98 Billion ≈ $436.72 Million |
+15.99% |
| 2018-12-31 | CN¥2.57 Billion ≈ $376.53 Million |
+9.48% |
| 2017-12-31 | CN¥2.35 Billion ≈ $343.94 Million |
+24.19% |
| 2016-12-31 | CN¥1.89 Billion ≈ $276.95 Million |
+11.90% |
| 2015-12-31 | CN¥1.69 Billion ≈ $247.49 Million |
+73.17% |
| 2014-12-31 | CN¥976.71 Million ≈ $142.92 Million |
+14.78% |
| 2013-12-31 | CN¥850.91 Million ≈ $124.52 Million |
+8.91% |
| 2012-12-31 | CN¥781.27 Million ≈ $114.32 Million |
+15.97% |
| 2011-12-31 | CN¥673.69 Million ≈ $98.58 Million |
+508.14% |
| 2010-12-31 | CN¥110.78 Million ≈ $16.21 Million |
+46.28% |
| 2009-12-31 | CN¥75.73 Million ≈ $11.08 Million |
+37.10% |
| 2008-12-31 | CN¥55.24 Million ≈ $8.08 Million |
+58.84% |
| 2007-12-31 | CN¥34.78 Million ≈ $5.09 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen Meiya Pico Information'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 5711.3% over the analyzed period, indicating profitable operations and earnings retention.
Xiamen Meiya Pico Information Net Assets Breakdown (December 2024)
Xiamen Meiya Pico Information net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.07 Billion | 30.55% |
| Common Stock | CN¥859.48 Million | 24.50% |
| Other Components | CN¥1.58 Billion | 44.95% |
| Total Equity | CN¥3.51 Billion | 100.00% |
Xiamen Meiya Pico Information Competitors by Market Cap
The table below lists competitors of Xiamen Meiya Pico Information ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Olo Inc
NYSE:OLO
|
$1.24 Billion |
|
Nexus AG
F:NXU
|
$1.24 Billion |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
$1.24 Billion |
|
OSK Holdings Bhd
KLSE:5053
|
$1.24 Billion |
|
Dowlais Group Plc
LSE:DWL
|
$1.24 Billion |
|
Edelweiss Financial Services Limited
NSE:EDELWEISS
|
$1.24 Billion |
|
Borr Drilling Ltd
NYSE:BORR
|
$1.24 Billion |
|
Vimeo Inc
NASDAQ:VMEO
|
$1.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Meiya Pico Information's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,959,430,996 to 3,507,982,871, a change of -451,448,125 (-11.4%).
- Net loss of 415,012,803 reduced equity.
- Dividend payments of 3,205,765 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-415.01 Million | -11.83% |
| Dividends Paid | CN¥3.21 Million | -0.09% |
| Other Changes | CN¥-33.23 Million | -0.95% |
| Total Change | CN¥- | -11.40% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Meiya Pico Information'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: 2.43x
- 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 145.19x to 2.43x 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¥0.07 | CN¥9.87 | x |
| 2008-12-31 | CN¥0.11 | CN¥9.87 | x |
| 2009-12-31 | CN¥0.15 | CN¥9.87 | x |
| 2010-12-31 | CN¥0.22 | CN¥9.87 | x |
| 2011-12-31 | CN¥1.04 | CN¥9.87 | x |
| 2012-12-31 | CN¥1.12 | CN¥9.87 | x |
| 2013-12-31 | CN¥1.15 | CN¥9.87 | x |
| 2014-12-31 | CN¥1.34 | CN¥9.87 | x |
| 2015-12-31 | CN¥2.43 | CN¥9.87 | x |
| 2016-12-31 | CN¥2.43 | CN¥9.87 | x |
| 2017-12-31 | CN¥3.00 | CN¥9.87 | x |
| 2018-12-31 | CN¥3.20 | CN¥9.87 | x |
| 2019-12-31 | CN¥3.73 | CN¥9.87 | x |
| 2020-12-31 | CN¥4.14 | CN¥9.87 | x |
| 2021-12-31 | CN¥4.37 | CN¥9.87 | x |
| 2022-12-31 | CN¥4.89 | CN¥9.87 | x |
| 2023-12-31 | CN¥4.62 | CN¥9.87 | x |
| 2024-12-31 | CN¥4.06 | CN¥9.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Meiya Pico Information 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): -11.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.46%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.50x
- Recent ROE (-11.83%) is below the historical average (13.67%), 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 | 37.93% | 19.52% | 1.04x | 1.87x | CN¥9.69 Million |
| 2008 | 37.30% | 22.64% | 0.94x | 1.75x | CN¥15.11 Million |
| 2009 | 37.83% | 23.62% | 0.87x | 1.83x | CN¥21.08 Million |
| 2010 | 37.05% | 21.83% | 0.87x | 1.96x | CN¥29.97 Million |
| 2011 | 9.13% | 23.23% | 0.32x | 1.22x | CN¥-5.86 Million |
| 2012 | 10.07% | 22.41% | 0.38x | 1.19x | CN¥538.20K |
| 2013 | 6.80% | 14.42% | 0.37x | 1.26x | CN¥-26.50 Million |
| 2014 | 12.14% | 19.00% | 0.46x | 1.39x | CN¥20.24 Million |
| 2015 | 7.96% | 17.45% | 0.35x | 1.32x | CN¥-34.12 Million |
| 2016 | 9.78% | 18.30% | 0.38x | 1.41x | CN¥-4.01 Million |
| 2017 | 11.68% | 20.33% | 0.43x | 1.34x | CN¥39.05 Million |
| 2018 | 11.89% | 18.94% | 0.46x | 1.35x | CN¥48.15 Million |
| 2019 | 9.78% | 14.01% | 0.49x | 1.42x | CN¥-6.40 Million |
| 2020 | 11.35% | 15.70% | 0.51x | 1.41x | CN¥44.50 Million |
| 2021 | 8.93% | 12.26% | 0.52x | 1.41x | CN¥-37.20 Million |
| 2022 | 3.52% | 6.49% | 0.39x | 1.40x | CN¥-272.72 Million |
| 2023 | -5.19% | -10.37% | 0.35x | 1.43x | CN¥-601.57 Million |
| 2024 | -11.83% | -23.46% | 0.34x | 1.50x | CN¥-765.81 Million |
Industry Comparison
This section compares Xiamen Meiya Pico Information's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,359,142,067
- Average return on equity (ROE) among peers: 14.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Meiya Pico Information (300188) | CN¥3.26 Billion | 37.93% | 0.55x | $1.24 Billion |
| Zhejiang Dahua Technology Co Ltd (002236) | $6.57 Billion | 20.90% | 0.75x | $6.76 Billion |
| Shenzhen Infinova Ltd (002528) | $256.90 Million | 31.21% | 0.43x | $975.25 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $648.23 Million | 0.61% | 0.32x | $398.27 Million |
| Jade Bird Fire Alarm (002960) | $1.48 Billion | 23.19% | 0.47x | $1.24 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $710.73 Million | 5.63% | 0.22x | $613.33 Million |
| Hangzhou Century Co Ltd (300078) | $142.69 Million | 41.88% | 0.40x | $405.68 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.26 Billion | 5.70% | 0.28x | $298.11 Million |
| Joyware Electronics Co Ltd (300270) | $661.79 Million | -11.47% | 0.47x | $359.80 Million |
| Chongqing Mas Sci&Tech (300275) | $501.19 Million | 12.19% | 0.09x | $365.52 Million |
About Xiamen Meiya Pico Information
SDIC Intelligence Information Technology Co., Ltd. provides digital forensics and public security big data products and services in China and internationally. The company offers computer forensic products, including OCTOPUS, an acquisition device with parallel acquisition technology; email forensic system, a mass email deep analysis system; Recovery Master, a solution that provides support on the… Read more