Shanghai Kingstar Winning Software
Winning Health Technology Group Co., Ltd., together with its subsidiaries, provides digital health services for medical and health institutions in China. The company offers WiNEX, a digital health platform; internet and health care; smart hospital; smart regional healthcare; and WinCloud solutions. Its solutions are used in smart hospitals, regional health, primary health, medical insurance, heal… Read more
Shanghai Kingstar Winning Software (300253) - Net Assets
Latest net assets as of September 2025: CN¥5.73 Billion CNY
Based on the latest financial reports, Shanghai Kingstar Winning Software (300253) has net assets worth CN¥5.73 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.35 Billion) and total liabilities (CN¥2.61 Billion). 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¥5.73 Billion |
| % of Total Assets | 68.69% |
| Annual Growth Rate | 35.85% |
| 5-Year Change | 25.87% |
| 10-Year Change | 466.37% |
| Growth Volatility | 93.4 |
Shanghai Kingstar Winning Software - Net Assets Trend (2007–2024)
This chart illustrates how Shanghai Kingstar Winning Software'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 Kingstar Winning Software (2007–2024)
The table below shows the annual net assets of Shanghai Kingstar Winning Software from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.93 Billion | +4.44% |
| 2023-12-31 | CN¥5.68 Billion | +10.82% |
| 2022-12-31 | CN¥5.13 Billion | -0.90% |
| 2021-12-31 | CN¥5.17 Billion | +9.74% |
| 2020-12-31 | CN¥4.71 Billion | +20.63% |
| 2019-12-31 | CN¥3.91 Billion | +19.35% |
| 2018-12-31 | CN¥3.27 Billion | +23.15% |
| 2017-12-31 | CN¥2.66 Billion | +10.48% |
| 2016-12-31 | CN¥2.41 Billion | +129.72% |
| 2015-12-31 | CN¥1.05 Billion | +32.27% |
| 2014-12-31 | CN¥792.09 Million | +25.70% |
| 2013-12-31 | CN¥630.12 Million | +18.36% |
| 2012-12-31 | CN¥532.36 Million | +11.35% |
| 2011-12-31 | CN¥478.08 Million | +404.26% |
| 2010-12-31 | CN¥94.81 Million | +19.31% |
| 2009-12-31 | CN¥79.46 Million | +49.09% |
| 2008-12-31 | CN¥53.30 Million | +64.34% |
| 2007-12-31 | CN¥32.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Kingstar Winning Software'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 8153.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.47 Billion | 41.47% |
| Common Stock | CN¥2.19 Billion | 36.75% |
| Other Comprehensive Income | CN¥606.19 Million | 10.17% |
| Other Components | CN¥692.41 Million | 11.61% |
| Total Equity | CN¥5.96 Billion | 100.00% |
Shanghai Kingstar Winning Software Competitors by Market Cap
The table below lists competitors of Shanghai Kingstar Winning Software ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Keda Clean Energy Co Ltd
SHG:600499
|
$2.11 Billion |
|
Acter Co Ltd
TWO:5536
|
$2.11 Billion |
|
Adata Technology Co Ltd
TWO:3260
|
$2.11 Billion |
|
Hoshine Silicon Ind Co Ltd
SHG:603260
|
$2.11 Billion |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267
|
$2.11 Billion |
|
MORGAN SINDALL GRP LS-05
F:0KN
|
$2.11 Billion |
|
Deciphera Pharmaceuticals Inc
F:D05
|
$2.11 Billion |
|
Oberbank AG
VI:OBS
|
$2.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Kingstar Winning Software's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,687,089,041 to 5,961,679,015, a change of 274,589,974 (4.8%).
- Net income of 87,893,179 contributed positively to equity growth.
- Dividend payments of 54,933,902 reduced retained earnings.
- Share repurchases of 79,999,594 reduced equity.
- Other comprehensive income decreased equity by 194,847,816.
- Other factors increased equity by 516,478,107.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥87.89 Million | +1.47% |
| Dividends Paid | CN¥54.93 Million | -0.92% |
| Share Repurchases | CN¥80.00 Million | -1.34% |
| Other Comprehensive Income | CN¥-194.85 Million | -3.27% |
| Other Changes | CN¥516.48 Million | +8.66% |
| Total Change | CN¥- | 4.83% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Kingstar Winning Software'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: 3.28x
- 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 236.44x to 3.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.04 | CN¥9.06 | x |
| 2008-12-31 | CN¥0.06 | CN¥9.06 | x |
| 2009-12-31 | CN¥0.06 | CN¥9.06 | x |
| 2010-12-31 | CN¥0.07 | CN¥9.06 | x |
| 2011-12-31 | CN¥0.31 | CN¥9.06 | x |
| 2012-12-31 | CN¥0.28 | CN¥9.06 | x |
| 2013-12-31 | CN¥0.33 | CN¥9.06 | x |
| 2014-12-31 | CN¥0.41 | CN¥9.06 | x |
| 2015-12-31 | CN¥0.53 | CN¥9.06 | x |
| 2016-12-31 | CN¥1.16 | CN¥9.06 | x |
| 2017-12-31 | CN¥1.23 | CN¥9.06 | x |
| 2018-12-31 | CN¥1.48 | CN¥9.06 | x |
| 2019-12-31 | CN¥1.77 | CN¥9.06 | x |
| 2020-12-31 | CN¥2.12 | CN¥9.06 | x |
| 2021-12-31 | CN¥2.37 | CN¥9.06 | x |
| 2022-12-31 | CN¥2.40 | CN¥9.06 | x |
| 2023-12-31 | CN¥2.59 | CN¥9.06 | x |
| 2024-12-31 | CN¥2.76 | CN¥9.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Kingstar Winning Software 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): 1.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.16%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.47x
- Recent ROE (1.47%) is below the historical average (15.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 37.74% | 23.32% | 0.92x | 1.76x | CN¥9.00 Million |
| 2008 | 31.93% | 15.85% | 1.46x | 1.38x | CN¥11.69 Million |
| 2009 | 32.92% | 23.21% | 1.21x | 1.17x | CN¥18.22 Million |
| 2010 | 37.28% | 29.40% | 1.02x | 1.24x | CN¥25.87 Million |
| 2011 | 9.26% | 26.07% | 0.33x | 1.09x | CN¥-3.52 Million |
| 2012 | 9.99% | 19.89% | 0.43x | 1.18x | CN¥-33.41K |
| 2013 | 12.84% | 23.11% | 0.47x | 1.18x | CN¥17.81 Million |
| 2014 | 15.75% | 24.62% | 0.40x | 1.59x | CN¥44.15 Million |
| 2015 | 15.05% | 20.25% | 0.43x | 1.71x | CN¥51.18 Million |
| 2016 | 22.17% | 54.34% | 0.29x | 1.43x | CN¥284.70 Million |
| 2017 | 8.82% | 19.03% | 0.32x | 1.43x | CN¥-30.57 Million |
| 2018 | 9.68% | 21.08% | 0.34x | 1.35x | CN¥-10.11 Million |
| 2019 | 10.67% | 20.88% | 0.37x | 1.37x | CN¥25.09 Million |
| 2020 | 10.86% | 21.67% | 0.37x | 1.34x | CN¥38.90 Million |
| 2021 | 7.42% | 13.75% | 0.37x | 1.47x | CN¥-131.82 Million |
| 2022 | 2.13% | 3.51% | 0.40x | 1.53x | CN¥-402.34 Million |
| 2023 | 6.29% | 11.32% | 0.37x | 1.50x | CN¥-210.75 Million |
| 2024 | 1.47% | 3.16% | 0.32x | 1.47x | CN¥-508.27 Million |
Industry Comparison
This section compares Shanghai Kingstar Winning Software's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $673,739,200
- Average return on equity (ROE) among peers: 9.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Kingstar Winning Software (300253) | CN¥5.73 Billion | 37.74% | 0.46x | $2.11 Billion |
| Vanfund Urban Investment & Development Co Ltd (000638) | $221.59 Million | 17.07% | 2.05x | $44.07 Million |
| Longmaster Information Tech (300288) | $1.27 Billion | 7.65% | 0.20x | $390.69 Million |
| B-Soft Co Ltd (300451) | $344.85 Million | 13.80% | 0.44x | $883.57 Million |
| Heren Health Co Ltd (300550) | $630.00 Million | 6.55% | 0.51x | $257.07 Million |
| Yarward Electronics Shandong Co. Ltd. A (301337) | $1.10 Billion | -2.40% | 0.11x | $152.94 Million |
| Suzhou Medsys Tech Co Ltd (603990) | $473.16 Million | 11.73% | 0.52x | $479.20 Million |