Shanghai Dragonnet Tech (300245) - Net Assets

Latest as of June 2025: CN¥1.25 Billion CNY ≈ $182.65 Million USD

Based on the latest financial reports, Shanghai Dragonnet Tech (300245) has net assets worth CN¥1.25 Billion CNY (≈ $182.65 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¥1.56 Billion ≈ $228.32 Million USD) and total liabilities (CN¥312.06 Million ≈ $45.66 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 300245 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 300245 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Shanghai Dragonnet Tech.

Year	Net Assets	Change
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 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
Fondul Proprietatea SA RO:FP	$366.97 Million
2CRSI S.A. PA:AL2SI	$367.07 Million
Jiangxi Hengda Hi-Tech Co Ltd SHE:002591	$367.24 Million
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. SHE:301063	$367.43 Million
Axiomtek Co Ltd TWO:3088	$366.75 Million
Hanil Cement Co Ltd KO:003300	$366.69 Million
Maoming Petro-Chemical Shihua Co Ltd SHE:000637	$366.68 Million
FM Mattsson Mora Group AB (publ) ST:FMM-B	$366.61 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: 2.01x
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 1.90x to 2.01x 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¥8.22	x
2018-12-31	CN¥4.46	CN¥8.22	x
2019-12-31	CN¥4.59	CN¥8.22	x
2020-12-31	CN¥4.73	CN¥8.22	x
2021-12-31	CN¥4.84	CN¥8.22	x
2022-12-31	CN¥4.63	CN¥8.22	x
2023-12-31	CN¥4.41	CN¥8.22	x
2024-12-31	CN¥4.08	CN¥8.22	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: $1,192,409,576
Average return on equity (ROE) among peers: -56.01%

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	$366.93 Million
Digital China Group Co Ltd (000034)	$-806.39 Million	0.00%	0.00x	$4.00 Billion
ZJBC Information Technology Co Ltd (000889)	$338.44 Million	-592.41%	3.36x	$605.58 Million
Yunnan Nantian Electronics Information Co Ltd (000948)	$516.76 Million	0.60%	0.37x	$826.70 Million
Guomai Technologies Inc (002093)	$1.28 Billion	8.47%	0.78x	$1.23 Billion
Shanghai HiTech Control System (002184)	$1.27 Billion	1.14%	0.70x	$601.98 Million
SZZT Electronics Co Ltd (002197)	$2.42 Billion	-9.95%	1.15x	$723.70 Million
Talkweb Information System Co Ltd (002261)	$3.78 Billion	5.60%	0.12x	$6.53 Billion
Westone Information Industry Inc (002268)	$378.26 Million	9.09%	0.20x	$1.94 Billion
Taiji Computer Corp Ltd (002368)	$2.03 Billion	9.66%	1.05x	$1.57 Billion
COSCO SHIPPING Technology Co Ltd (002401)	$715.73 Million	7.66%	0.70x	$771.75 Million

About Shanghai Dragonnet Tech

SHE:300245 China Information Technology Services

Market Cap

$366.93 Million

CN¥2.51 Billion CNY

Market Cap Rank

#14097 Global

#4436 in China

Share Price

CN¥8.22

Change (1 day)

-15.43%

52-Week Range

CN¥8.22 - CN¥20.03

All Time High

CN¥42.01