Beijing TRS Information Tech
TRS Information Technology Co., Ltd. provides artificial intelligence, big data, and data security products and services in China. The company provides TRS Hybase Search Database System, a search and analytics engine; Genevation, a professional domain database; Shu Jia, a SaaS platform that consolidates web-wide information from both public and private domains; TRS NetInsight big data analysis pl… Read more
Beijing TRS Information Tech (300229) - Net Assets
Latest net assets as of June 2025: CN¥4.05 Billion CNY
Based on the latest financial reports, Beijing TRS Information Tech (300229) has net assets worth CN¥4.05 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.38 Billion) and total liabilities (CN¥331.01 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.05 Billion |
| % of Total Assets | 92.45% |
| Annual Growth Rate | 22.53% |
| 5-Year Change | 89.27% |
| 10-Year Change | 169.39% |
| Growth Volatility | 45.48 |
Beijing TRS Information Tech - Net Assets Trend (2008–2024)
This chart illustrates how Beijing TRS Information Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beijing TRS Information Tech (2008–2024)
The table below shows the annual net assets of Beijing TRS Information Tech from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.13 Billion | +22.82% |
| 2023-12-31 | CN¥3.36 Billion | +24.54% |
| 2022-12-31 | CN¥2.70 Billion | +4.65% |
| 2021-12-31 | CN¥2.58 Billion | +18.24% |
| 2020-12-31 | CN¥2.18 Billion | +2.81% |
| 2019-12-31 | CN¥2.12 Billion | +11.46% |
| 2018-12-31 | CN¥1.90 Billion | +2.24% |
| 2017-12-31 | CN¥1.86 Billion | +10.36% |
| 2016-12-31 | CN¥1.69 Billion | +10.09% |
| 2015-12-31 | CN¥1.53 Billion | +8.20% |
| 2014-12-31 | CN¥1.42 Billion | +64.32% |
| 2013-12-31 | CN¥861.48 Million | +8.64% |
| 2012-12-31 | CN¥792.96 Million | +6.44% |
| 2011-12-31 | CN¥745.01 Million | +194.25% |
| 2010-12-31 | CN¥253.19 Million | +28.60% |
| 2009-12-31 | CN¥196.88 Million | +23.22% |
| 2008-12-31 | CN¥159.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing TRS 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 1633.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 25.50% |
| Other Components | CN¥3.07 Billion | 74.50% |
| Total Equity | CN¥4.13 Billion | 100.00% |
Beijing TRS Information Tech Competitors by Market Cap
The table below lists competitors of Beijing TRS Information Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Great Eastern Shipping Company Limited
NSE:GESHIP
|
$1.70 Billion |
|
TeamViewer AG
PINK:TMVWF
|
$1.70 Billion |
|
OMV AG PK
PINK:OMVKY
|
$1.70 Billion |
|
Grainger plc
PINK:GRGTF
|
$1.70 Billion |
|
Jinneng Holding Shanxi Coal Industry Co Ltd
SHG:601001
|
$1.70 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
$1.69 Billion |
|
Ningbo Huaxiang Electronic Co Ltd
SHE:002048
|
$1.69 Billion |
|
SilverCrest Metals Inc
NYSE MKT:SILV
|
$1.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing TRS Information Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,352,105,013 to 4,125,239,803, a change of 773,134,790 (23.1%).
- Net loss of 94,145,630 reduced equity.
- Dividend payments of 23,849,907 reduced retained earnings.
- Other factors increased equity by 891,130,327.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-94.15 Million | -2.28% |
| Dividends Paid | CN¥23.85 Million | -0.58% |
| Other Changes | CN¥891.13 Million | +21.6% |
| Total Change | CN¥- | 23.06% |
Book Value vs Market Value Analysis
This analysis compares Beijing TRS 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: 4.23x
- 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 decreased from 7.83x to 4.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.55 | CN¥19.96 | x |
| 2018-12-31 | CN¥2.60 | CN¥19.96 | x |
| 2019-12-31 | CN¥2.89 | CN¥19.96 | x |
| 2020-12-31 | CN¥3.02 | CN¥19.96 | x |
| 2021-12-31 | CN¥3.59 | CN¥19.96 | x |
| 2022-12-31 | CN¥3.76 | CN¥19.96 | x |
| 2023-12-31 | CN¥4.21 | CN¥19.96 | x |
| 2024-12-31 | CN¥4.72 | CN¥19.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing TRS 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): -2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.12%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.09x
- Recent ROE (-2.28%) is below the historical average (10.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 27.87% | 42.98% | 0.55x | 1.18x | CN¥28.55 Million |
| 2009 | 26.31% | 41.58% | 0.56x | 1.13x | CN¥32.12 Million |
| 2010 | 23.82% | 40.84% | 0.52x | 1.12x | CN¥34.99 Million |
| 2011 | 9.85% | 38.39% | 0.24x | 1.07x | CN¥-1.11 Million |
| 2012 | 9.30% | 34.96% | 0.24x | 1.10x | CN¥-5.57 Million |
| 2013 | 7.90% | 35.04% | 0.20x | 1.11x | CN¥-18.12 Million |
| 2014 | 6.79% | 33.07% | 0.19x | 1.11x | CN¥-45.31 Million |
| 2015 | 8.01% | 31.19% | 0.21x | 1.20x | CN¥-30.08 Million |
| 2016 | 8.34% | 20.14% | 0.33x | 1.25x | CN¥-27.34 Million |
| 2017 | 8.77% | 19.25% | 0.37x | 1.23x | CN¥-22.12 Million |
| 2018 | 3.29% | 7.21% | 0.32x | 1.43x | CN¥-124.41 Million |
| 2019 | 7.59% | 16.25% | 0.33x | 1.40x | CN¥-49.81 Million |
| 2020 | 14.72% | 24.37% | 0.46x | 1.30x | CN¥102.36 Million |
| 2021 | 9.59% | 23.89% | 0.28x | 1.45x | CN¥-10.59 Million |
| 2022 | 4.75% | 14.07% | 0.23x | 1.45x | CN¥-141.01 Million |
| 2023 | 1.09% | 4.67% | 0.21x | 1.12x | CN¥-298.74 Million |
| 2024 | -2.28% | -12.12% | 0.17x | 1.09x | CN¥-506.67 Million |
Industry Comparison
This section compares Beijing TRS Information Tech's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,699,797,925
- Average return on equity (ROE) among peers: 8.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing TRS Information Tech (300229) | CN¥4.05 Billion | 27.87% | 0.08x | $1.70 Billion |
| Fujian Newland Computer Co Ltd (000997) | $1.34 Billion | 5.63% | 0.44x | $2.13 Billion |
| YGSOFT Inc (002063) | $2.58 Billion | 8.78% | 0.13x | $1.29 Billion |
| Dhc Software Co Ltd (002065) | $9.02 Billion | 7.36% | 0.57x | $2.43 Billion |
| Zhejiang Netsun Co Ltd (002095) | $455.62 Million | 7.10% | 0.15x | $321.69 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $148.15 Million | 34.25% | 0.76x | $965.78 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $9.16 Billion | -0.74% | 0.16x | $1.02 Billion |
| Shanghai 2345 Network Holding Group (002195) | $277.79 Million | 7.30% | 0.13x | $6.89 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.52 Billion |
| Wisesoft Co Ltd (002253) | $1.43 Billion | -4.28% | 0.22x | $253.13 Million |
| Beijing Join-Cheer Software Co Ltd (002279) | $1.98 Billion | 6.83% | 0.26x | $727.41 Million |