Beijing TRS Information Tech (300229) - Net Assets
Based on the latest financial reports, Beijing TRS Information Tech (300229) has net assets worth CN¥4.05 Billion CNY (≈ $593.13 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¥4.38 Billion ≈ $641.57 Million USD) and total liabilities (CN¥331.01 Million ≈ $48.44 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 Beijing TRS Information Tech strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see market value of Beijing TRS Information Tech.
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. Also explore how fast is Beijing TRS Information Tech growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.13 Billion ≈ $603.77 Million |
+22.82% |
| 2023-12-31 | CN¥3.36 Billion ≈ $491.59 Million |
+24.54% |
| 2022-12-31 | CN¥2.70 Billion ≈ $394.73 Million |
+4.65% |
| 2021-12-31 | CN¥2.58 Billion ≈ $377.18 Million |
+18.24% |
| 2020-12-31 | CN¥2.18 Billion ≈ $319.00 Million |
+2.81% |
| 2019-12-31 | CN¥2.12 Billion ≈ $310.27 Million |
+11.46% |
| 2018-12-31 | CN¥1.90 Billion ≈ $278.38 Million |
+2.24% |
| 2017-12-31 | CN¥1.86 Billion ≈ $272.29 Million |
+10.36% |
| 2016-12-31 | CN¥1.69 Billion ≈ $246.73 Million |
+10.09% |
| 2015-12-31 | CN¥1.53 Billion ≈ $224.13 Million |
+8.20% |
| 2014-12-31 | CN¥1.42 Billion ≈ $207.14 Million |
+64.32% |
| 2013-12-31 | CN¥861.48 Million ≈ $126.06 Million |
+8.64% |
| 2012-12-31 | CN¥792.96 Million ≈ $116.04 Million |
+6.44% |
| 2011-12-31 | CN¥745.01 Million ≈ $109.02 Million |
+194.25% |
| 2010-12-31 | CN¥253.19 Million ≈ $37.05 Million |
+28.60% |
| 2009-12-31 | CN¥196.88 Million ≈ $28.81 Million |
+23.22% |
| 2008-12-31 | CN¥159.77 Million ≈ $23.38 Million |
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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 |
|---|---|
|
Xinjiang Zhongtai Chemical Co Ltd
SHE:002092
|
$1.67 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
$1.67 Billion |
|
DCM Shriram Limited
NSE:DCMSHRIRAM
|
$1.67 Billion |
|
China Aluminum International Engineering Corp Ltd
SHG:601068
|
$1.67 Billion |
|
Robertet SA
PA:RBT
|
$1.66 Billion |
|
Jiangsu Seagull Cooling Tower
SHG:603269
|
$1.66 Billion |
|
Lindblad Expeditions Holdings Inc
NASDAQ:LIND
|
$1.66 Billion |
|
Kailera Therapeutics, Inc. Common Stock
NASDAQ:KLRA
|
$1.66 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: 2.76x
- 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 5.11x to 2.76x 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¥13.02 | x |
| 2018-12-31 | CN¥2.60 | CN¥13.02 | x |
| 2019-12-31 | CN¥2.89 | CN¥13.02 | x |
| 2020-12-31 | CN¥3.02 | CN¥13.02 | x |
| 2021-12-31 | CN¥3.59 | CN¥13.02 | x |
| 2022-12-31 | CN¥3.76 | CN¥13.02 | x |
| 2023-12-31 | CN¥4.21 | CN¥13.02 | x |
| 2024-12-31 | CN¥4.72 | CN¥13.02 | 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: $3,869,687,536
- Average return on equity (ROE) among peers: 7.94%
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 | $1.66 Billion |
| Digital China Information Service Co Ltd (000555) | $-129.10 Million | 0.00% | 0.00x | $1.48 Billion |
| Fujian Newland Computer Co Ltd (000997) | $770.93 Million | 5.35% | 0.32x | $2.90 Billion |
| YGSOFT Inc (002063) | $1.24 Billion | 23.25% | 0.11x | $1.50 Billion |
| Dhc Software Co Ltd (002065) | $145.16 Million | 27.99% | 1.22x | $3.12 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $597.61 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $4.92 Billion | 4.89% | 0.37x | $899.26 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $9.16 Billion | -0.74% | 0.17x | $3.02 Billion |
| Shanghai 2345 Network Holding Group (002195) | $277.79 Million | 7.30% | 0.13x | $5.11 Billion |
| Iflytek Co Ltd (002230) | $19.86 Billion | 4.23% | 1.26x | $13.53 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.38 Billion | 5.29% | 0.61x | $925.45 Million |
About 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