Shanghai Kingstar Winning Software (300253) - Net Assets
Based on the latest financial reports, Shanghai Kingstar Winning Software (300253) has net assets worth CN¥5.59 Billion CNY (≈ $818.13 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.30 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥2.71 Billion ≈ $396.74 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 300253 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.59 Billion |
| % of Total Assets | 67.34% |
| Annual Growth Rate | 33.13% |
| 5-Year Change | 8.16% |
| 10-Year Change | 132.49% |
| Growth Volatility | 91.67 |
Shanghai Kingstar Winning Software - Net Assets Trend (2007–2025)
This chart illustrates how Shanghai Kingstar Winning Software's net assets have evolved over time, based on quarterly financial data. See how many days can Shanghai Kingstar Winning Software fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Kingstar Winning Software (2007–2025)
The table below shows the annual net assets of Shanghai Kingstar Winning Software from 2007 to 2025. For live valuation and market cap data, see how much is Shanghai Kingstar Winning Software worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.60 Billion ≈ $818.80 Million |
-5.70% |
| 2024-12-31 | CN¥5.93 Billion ≈ $868.29 Million |
+4.44% |
| 2023-12-31 | CN¥5.68 Billion ≈ $831.35 Million |
+10.82% |
| 2022-12-31 | CN¥5.13 Billion ≈ $750.21 Million |
-0.90% |
| 2021-12-31 | CN¥5.17 Billion ≈ $757.03 Million |
+9.74% |
| 2020-12-31 | CN¥4.71 Billion ≈ $689.85 Million |
+20.38% |
| 2019-12-31 | CN¥3.92 Billion ≈ $573.05 Million |
+17.51% |
| 2018-12-31 | CN¥3.33 Billion ≈ $487.65 Million |
+25.33% |
| 2017-12-31 | CN¥2.66 Billion ≈ $389.09 Million |
+10.48% |
| 2016-12-31 | CN¥2.41 Billion ≈ $352.18 Million |
+129.72% |
| 2015-12-31 | CN¥1.05 Billion ≈ $153.31 Million |
+32.27% |
| 2014-12-31 | CN¥792.09 Million ≈ $115.91 Million |
+25.70% |
| 2013-12-31 | CN¥630.12 Million ≈ $92.21 Million |
+18.36% |
| 2012-12-31 | CN¥532.36 Million ≈ $77.90 Million |
+11.35% |
| 2011-12-31 | CN¥478.08 Million ≈ $69.96 Million |
+404.26% |
| 2010-12-31 | CN¥94.81 Million ≈ $13.87 Million |
+19.31% |
| 2009-12-31 | CN¥79.46 Million ≈ $11.63 Million |
+49.09% |
| 2008-12-31 | CN¥53.30 Million ≈ $7.80 Million |
+64.34% |
| 2007-12-31 | CN¥32.43 Million ≈ $4.75 Million |
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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 6795.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.07 Billion | 36.97% |
| Other Components | CN¥3.52 Billion | 63.03% |
| Total Equity | CN¥5.59 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 |
|---|---|
|
Santam
JSE:SNT
|
$2.32 Billion |
|
DL E&C Co Ltd
KO:375500
|
$2.32 Billion |
|
Liaoning Cheng Da Co Ltd
SHG:600739
|
$2.32 Billion |
|
Shanghai Haoyuan Chemexpress Co. Ltd. A
SHG:688131
|
$2.32 Billion |
|
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
|
$2.32 Billion |
|
Société BIC SA
PA:BB
|
$2.32 Billion |
|
Netmarble Games Corp
KO:251270
|
$2.32 Billion |
|
Paz Oil
TA:PZOL
|
$2.32 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 2024 to 2025, total equity changed from 5,961,679,015 to 5,586,353,596, a change of -375,325,419 (-6.3%).
- Net loss of 373,882,253 reduced equity.
- Dividend payments of 48,787,824 reduced retained earnings.
- Other comprehensive income decreased equity by 606,194,757.
- Other factors increased equity by 653,539,414.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-373.88 Million | -6.69% |
| Dividends Paid | CN¥48.79 Million | -0.87% |
| Other Comprehensive Income | CN¥-606.19 Million | -10.85% |
| Other Changes | CN¥653.54 Million | +11.7% |
| Total Change | CN¥- | -6.30% |
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: 2.86x
- 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 188.16x to 2.86x 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¥7.21 | x |
| 2008-12-31 | CN¥0.06 | CN¥7.21 | x |
| 2009-12-31 | CN¥0.06 | CN¥7.21 | x |
| 2010-12-31 | CN¥0.07 | CN¥7.21 | x |
| 2011-12-31 | CN¥0.31 | CN¥7.21 | x |
| 2012-12-31 | CN¥0.28 | CN¥7.21 | x |
| 2013-12-31 | CN¥0.33 | CN¥7.21 | x |
| 2014-12-31 | CN¥0.41 | CN¥7.21 | x |
| 2015-12-31 | CN¥0.53 | CN¥7.21 | x |
| 2016-12-31 | CN¥1.16 | CN¥7.21 | x |
| 2017-12-31 | CN¥1.23 | CN¥7.21 | x |
| 2018-12-31 | CN¥1.51 | CN¥7.21 | x |
| 2019-12-31 | CN¥1.77 | CN¥7.21 | x |
| 2020-12-31 | CN¥2.12 | CN¥7.21 | x |
| 2021-12-31 | CN¥2.37 | CN¥7.21 | x |
| 2022-12-31 | CN¥2.40 | CN¥7.21 | x |
| 2023-12-31 | CN¥2.59 | CN¥7.21 | x |
| 2024-12-31 | CN¥2.76 | CN¥7.21 | x |
| 2025-12-31 | CN¥2.52 | CN¥7.21 | 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): -6.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.75%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.53x
- Recent ROE (-6.69%) is below the historical average (14.49%), 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% | 29.64% | 1.01x | 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 | 9.50% | 21.08% | 0.33x | 1.35x | CN¥-15.98 Million |
| 2019 | 10.65% | 20.88% | 0.37x | 1.37x | CN¥24.31 Million |
| 2020 | 10.86% | 21.67% | 0.37x | 1.34x | CN¥38.91 Million |
| 2021 | 7.42% | 13.75% | 0.37x | 1.47x | CN¥-131.82 Million |
| 2022 | 2.13% | 3.51% | 0.40x | 1.53x | CN¥-402.35 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 |
| 2025 | -6.69% | -17.75% | 0.25x | 1.53x | CN¥-932.52 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: $1,217,642,922
- Average return on equity (ROE) among peers: 7.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Kingstar Winning Software (300253) | CN¥5.59 Billion | 37.74% | 0.48x | $2.32 Billion |
| Vanfund Urban Investment & Development Co Ltd (000638) | $429.27 Million | 10.32% | 2.84x | $40.55 Million |
| Longmaster Information Tech (300288) | $1.56 Billion | 4.50% | 0.18x | $480.67 Million |
| B-Soft Co Ltd (300451) | $4.47 Billion | -3.88% | 0.27x | $807.00 Million |
| Heren Health Co Ltd (300550) | $162.50 Million | 0.00% | 0.77x | $572.47 Million |
| Yarward Electronics Shandong Co. Ltd. A (301337) | $284.81 Million | 25.53% | 0.48x | $425.56 Million |
| Suzhou Medsys Tech Co Ltd (603990) | $394.97 Million | 11.45% | 0.75x | $1.02 Billion |
About 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, public health, medical insurance, healt… Read more