Shanghai Dragonnet Tech (300245) - Net Assets

Latest as of June 2026: CN¥1.13 Billion CNY ≈ $164.82 Million USD

Based on the latest financial reports, Shanghai Dragonnet Tech (300245) has net assets worth CN¥1.13 Billion CNY (≈ $164.82 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.38 Billion ≈ $202.00 Million USD) and total liabilities (CN¥254.08 Million ≈ $37.18 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 asset allocation strategy of Shanghai Dragonnet Tech to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.13 Billion
% of Total Assets	81.59%
Annual Growth Rate	19.58%
5-Year Change	-19.7%
10-Year Change	61.47%
Growth Volatility	75.84

Shanghai Dragonnet Tech - Net Assets Trend (2008–2025)

This chart illustrates how Shanghai Dragonnet Tech's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shanghai Dragonnet Tech (300245) market capitalisation.

Annual Net Assets for Shanghai Dragonnet Tech (2008–2025)

The table below shows the annual net assets of Shanghai Dragonnet Tech from 2008 to 2025. Also explore how fast is Shanghai Dragonnet Tech growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥1.23 Billion ≈ $179.27 Million	-4.18%
2024-12-31	CN¥1.28 Billion ≈ $187.08 Million	-8.02%
2023-12-31	CN¥1.39 Billion ≈ $203.41 Million	-4.82%
2022-12-31	CN¥1.46 Billion ≈ $213.71 Million	-4.27%
2021-12-31	CN¥1.53 Billion ≈ $223.24 Million	+2.02%
2020-12-31	CN¥1.50 Billion ≈ $218.83 Million	+2.85%
2019-12-31	CN¥1.45 Billion ≈ $212.76 Million	+4.00%
2018-12-31	CN¥1.40 Billion ≈ $204.58 Million	+1.95%
2017-12-31	CN¥1.37 Billion ≈ $200.68 Million	+80.76%
2016-12-31	CN¥758.70 Million ≈ $111.02 Million	+9.07%
2015-12-31	CN¥695.60 Million ≈ $101.79 Million	+0.67%
2014-12-31	CN¥690.95 Million ≈ $101.11 Million	+13.42%
2013-12-31	CN¥609.17 Million ≈ $89.14 Million	+14.96%
2012-12-31	CN¥529.92 Million ≈ $77.54 Million	+9.29%
2011-12-31	CN¥484.88 Million ≈ $70.95 Million	+319.83%
2010-12-31	CN¥115.49 Million ≈ $16.90 Million	+60.66%
2009-12-31	CN¥71.89 Million ≈ $10.52 Million	+22.61%
2008-12-31	CN¥58.63 Million ≈ $8.58 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 614.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥249.85 Million	20.39%
Other Components	CN¥975.62 Million	79.61%
Total Equity	CN¥1.23 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
Mitra Pinasthika Mustika Tbk JK:MPMX	$265.62 Million
Abrdn Emerging Markets Equity Income Fund Inc NYSE MKT:AEF	$265.69 Million
RiverNorth Managed Duration Municipal Income Fund Inc NYSE:RMM	$265.70 Million
Gaotu Techedu Inc F:18WA	$265.90 Million
Absolent Group AB ST:ABSO	$265.59 Million
Shanghai Aiyingshi Co Ltd SHG:603214	$265.57 Million
JCY International Bhd KLSE:5161	$265.49 Million
Agora Inc NASDAQ:API	$265.29 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 2024 to 2025, total equity changed from 1,278,744,316 to 1,225,470,445, a change of -53,273,871 (-4.2%).
Net loss of 30,914,905 reduced equity.
Dividend payments of 991,667 reduced retained earnings.
Other factors decreased equity by 21,367,299.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-30.91 Million	-2.52%
Dividends Paid	CN¥991.67K	-0.08%
Other Changes	CN¥-21.37 Million	-1.74%
Total Change	CN¥-	-4.17%

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: 1.52x
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 1.38x to 1.52x 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¥5.95	x
2018-12-31	CN¥4.46	CN¥5.95	x
2019-12-31	CN¥4.59	CN¥5.95	x
2020-12-31	CN¥4.73	CN¥5.95	x
2021-12-31	CN¥4.84	CN¥5.95	x
2022-12-31	CN¥4.63	CN¥5.95	x
2023-12-31	CN¥4.41	CN¥5.95	x
2024-12-31	CN¥4.08	CN¥5.95	x
2025-12-31	CN¥3.91	CN¥5.95	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): -2.52%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.61%
• Asset Turnover: 0.30x
• Equity Multiplier: 1.27x
Recent ROE (-2.52%) is below the historical average (9.75%), 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
2025	-2.52%	-6.61%	0.30x	1.27x	CN¥-153.46 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: $2,463,156,290
Average return on equity (ROE) among peers: 7.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Dragonnet Tech (300245)	CN¥1.13 Billion	36.91%	0.23x	$265.60 Million
Digital China Group Co Ltd (000034)	$11.79 Billion	4.43%	3.85x	$2.43 Billion
ZJBC Information Technology Co Ltd (000889)	$758.31 Million	4.96%	1.17x	$534.33 Million
Yunnan Nantian Electronics Information Co Ltd (000948)	$1.41 Billion	0.67%	0.82x	$759.95 Million
Guomai Technologies Inc (002093)	$394.25 Million	14.43%	0.38x	$1.10 Billion
Shanghai HiTech Control System (002184)	$1.12 Billion	4.67%	0.80x	$498.47 Million
SZZT Electronics Co Ltd (002197)	$452.00 Million	12.14%	1.03x	$585.25 Million
Talkweb Information System Co Ltd (002261)	$2.71 Billion	1.66%	0.95x	$4.63 Billion
Westone Information Industry Inc (002268)	$615.76 Million	14.05%	0.27x	$1.82 Billion
Taiji Computer Corp Ltd (002368)	$4.49 Billion	8.38%	2.53x	$1.20 Billion
COSCO SHIPPING Technology Co Ltd (002401)	$887.57 Million	9.37%	1.44x	$657.54 Million

About Shanghai Dragonnet Tech

SHE:300245 China Information Technology Services

Market Cap

$265.60 Million

CN¥1.82 Billion CNY

Market Cap Rank

#15496 Global

#4556 in China

Share Price

CN¥5.95

Change (1 day)

-1.82%

52-Week Range

CN¥4.95 - CN¥15.82

All Time High

CN¥42.01