Shanghai Dragonnet Tech
Shanghai DragonNet Technology Co.,Ltd. engages in the provision of information technology (IT) services, infrastructure localization, and smart industry application solutions in China and internationally. The company offers IT support and maintenance services, such as system environment check, equipment health check, technical support response, fault resolution, parts replacement, and other suppo… Read more
Shanghai Dragonnet Tech (300245) - Net Assets
Latest net assets as of June 2025: CN¥1.25 Billion CNY
Based on the latest financial reports, Shanghai Dragonnet Tech (300245) has net assets worth CN¥1.25 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¥1.56 Billion) and total liabilities (CN¥312.06 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¥1.25 Billion |
| % of Total Assets | 80.0% |
| Annual Growth Rate | 21.24% |
| 5-Year Change | -14.51% |
| 10-Year Change | 83.8% |
| Growth Volatility | 77.66 |
Shanghai Dragonnet Tech - Net Assets Trend (2008–2024)
This chart illustrates how Shanghai Dragonnet 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 Shanghai Dragonnet Tech (2008–2024)
The table below shows the annual net assets of Shanghai Dragonnet Tech from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.28 Billion | -8.02% |
| 2023-12-31 | CN¥1.39 Billion | -4.82% |
| 2022-12-31 | CN¥1.46 Billion | -4.27% |
| 2021-12-31 | CN¥1.53 Billion | +2.02% |
| 2020-12-31 | CN¥1.50 Billion | +2.85% |
| 2019-12-31 | CN¥1.45 Billion | +4.00% |
| 2018-12-31 | CN¥1.40 Billion | +1.95% |
| 2017-12-31 | CN¥1.37 Billion | +80.76% |
| 2016-12-31 | CN¥758.70 Million | +9.07% |
| 2015-12-31 | CN¥695.60 Million | +0.67% |
| 2014-12-31 | CN¥690.95 Million | +13.42% |
| 2013-12-31 | CN¥609.17 Million | +14.96% |
| 2012-12-31 | CN¥529.92 Million | +9.29% |
| 2011-12-31 | CN¥484.88 Million | +319.83% |
| 2010-12-31 | CN¥115.49 Million | +60.66% |
| 2009-12-31 | CN¥71.89 Million | +22.61% |
| 2008-12-31 | CN¥58.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Dragonnet 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 702.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥280.76 Million | 21.96% |
| Other Components | CN¥997.98 Million | 78.04% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Shanghai Dragonnet Tech Competitors by Market Cap
The table below lists competitors of Shanghai Dragonnet Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HIT Welding Industry Co. Ltd.
SHE:301137
|
$370.13 Million |
|
JSL Construction & Development Co Ltd
TW:2540
|
$370.33 Million |
|
Titan International Inc
NYSE:TWI
|
$370.35 Million |
|
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC
|
$370.38 Million |
|
Gentrack Group Ltd
AU:GTK
|
$369.87 Million |
|
Nantong Chaoda Equipment Co.Ltd.
SHE:301186
|
$369.85 Million |
|
Instone Real Estate Group AG
XETRA:INS
|
$369.81 Million |
|
Select Harvests Ltd
PINK:SHVTF
|
$369.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Dragonnet Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,383,750,964 to 1,278,744,316, a change of -105,006,648 (-7.6%).
- Net loss of 57,764,671 reduced equity.
- Other factors decreased equity by 47,241,978.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-57.76 Million | -4.52% |
| Other Changes | CN¥-47.24 Million | -3.69% |
| Total Change | CN¥- | -7.59% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Dragonnet 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: 2.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.75x to 2.91x 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¥4.33 | CN¥11.89 | x |
| 2018-12-31 | CN¥4.46 | CN¥11.89 | x |
| 2019-12-31 | CN¥4.59 | CN¥11.89 | x |
| 2020-12-31 | CN¥4.73 | CN¥11.89 | x |
| 2021-12-31 | CN¥4.84 | CN¥11.89 | x |
| 2022-12-31 | CN¥4.63 | CN¥11.89 | x |
| 2023-12-31 | CN¥4.41 | CN¥11.89 | x |
| 2024-12-31 | CN¥4.08 | CN¥11.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Dragonnet 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): -4.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.48%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.22x
- Recent ROE (-4.52%) is below the historical average (10.47%), 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 | 36.91% | 23.31% | 1.04x | 1.52x | CN¥15.77 Million |
| 2009 | 41.58% | 24.16% | 0.94x | 1.83x | CN¥22.70 Million |
| 2010 | 37.80% | 25.79% | 0.92x | 1.60x | CN¥32.11 Million |
| 2011 | 11.03% | 23.82% | 0.40x | 1.15x | CN¥4.98 Million |
| 2012 | 9.28% | 15.39% | 0.49x | 1.24x | CN¥-3.76 Million |
| 2013 | 10.20% | 17.64% | 0.49x | 1.18x | CN¥1.18 Million |
| 2014 | 10.80% | 17.69% | 0.52x | 1.17x | CN¥5.33 Million |
| 2015 | 6.64% | 11.47% | 0.48x | 1.20x | CN¥-22.96 Million |
| 2016 | 7.87% | 13.85% | 0.42x | 1.36x | CN¥-15.59 Million |
| 2017 | 4.01% | 15.28% | 0.24x | 1.11x | CN¥-81.95 Million |
| 2018 | 4.19% | 15.13% | 0.25x | 1.11x | CN¥-81.17 Million |
| 2019 | 2.34% | 7.97% | 0.26x | 1.11x | CN¥-110.24 Million |
| 2020 | 2.63% | 7.92% | 0.29x | 1.13x | CN¥-109.29 Million |
| 2021 | 2.64% | 7.39% | 0.31x | 1.17x | CN¥-111.53 Million |
| 2022 | -0.21% | -0.52% | 0.35x | 1.19x | CN¥-148.31 Million |
| 2023 | -5.13% | -17.27% | 0.25x | 1.19x | CN¥-209.43 Million |
| 2024 | -4.52% | -13.48% | 0.27x | 1.22x | CN¥-185.64 Million |
Industry Comparison
This section compares Shanghai Dragonnet Tech's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,406,142,259
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Dragonnet Tech (300245) | CN¥1.25 Billion | 36.91% | 0.25x | $369.95 Million |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| SZZT Electronics Co Ltd (002197) | $1.08 Billion | 5.10% | 0.54x | $534.28 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |