AVIT Ltd
AVIT Ltd., together with its subsidiaries, provides audio and video content and application solutions in China. It offers audio and video software products and solutions; system integration and services; games and cloud services; and VR business products and services. The company was founded in 2000 and is based in Shenzhen, China.
AVIT Ltd (300264) - Net Assets
Latest net assets as of June 2025: CN¥18.22 Million CNY
Based on the latest financial reports, AVIT Ltd (300264) has net assets worth CN¥18.22 Million 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¥227.85 Million) and total liabilities (CN¥209.63 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¥18.22 Million |
| % of Total Assets | 8.0% |
| Annual Growth Rate | -8.75% |
| 5-Year Change | -89.56% |
| 10-Year Change | -95.87% |
| Growth Volatility | 67.07 |
AVIT Ltd - Net Assets Trend (2008–2024)
This chart illustrates how AVIT Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AVIT Ltd (2008–2024)
The table below shows the annual net assets of AVIT Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥25.66 Million | -69.34% |
| 2023-12-31 | CN¥83.70 Million | +19.84% |
| 2022-12-31 | CN¥69.85 Million | -51.79% |
| 2021-12-31 | CN¥144.89 Million | -41.05% |
| 2020-12-31 | CN¥245.79 Million | -20.48% |
| 2019-12-31 | CN¥309.08 Million | -44.08% |
| 2018-12-31 | CN¥552.70 Million | +1.48% |
| 2017-12-31 | CN¥544.62 Million | -13.38% |
| 2016-12-31 | CN¥628.74 Million | +1.06% |
| 2015-12-31 | CN¥622.12 Million | -2.50% |
| 2014-12-31 | CN¥638.09 Million | +3.42% |
| 2013-12-31 | CN¥616.99 Million | +2.78% |
| 2012-12-31 | CN¥600.31 Million | +0.69% |
| 2011-12-31 | CN¥596.21 Million | +239.90% |
| 2010-12-31 | CN¥175.41 Million | +51.80% |
| 2009-12-31 | CN¥115.55 Million | +4.04% |
| 2008-12-31 | CN¥111.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AVIT Ltd'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 decreased by 2408.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥625.75 Million | 2308.02% |
| Total Equity | CN¥27.11 Million | 100.00% |
AVIT Ltd Competitors by Market Cap
The table below lists competitors of AVIT Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mattr Corp
PINK:MTTRF
|
$366.63 Million |
|
Zhe Jiang Headman Machinery Co Ltd
SHG:688577
|
$366.65 Million |
|
Wavestone SA
F:2WSA
|
$366.72 Million |
|
Forward Air Corporation
NASDAQ:FWRD
|
$366.87 Million |
|
Kid ASA
OL:KID
|
$366.39 Million |
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
$366.28 Million |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
$366.07 Million |
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
$365.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AVIT Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,212,030 to 27,111,852, a change of -58,100,177 (-68.2%).
- Net loss of 58,054,337 reduced equity.
- Dividend payments of 2,470,242 reduced retained earnings.
- Other factors increased equity by 2,424,401.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-58.05 Million | -214.13% |
| Dividends Paid | CN¥2.47 Million | -9.11% |
| Other Changes | CN¥2.42 Million | +8.94% |
| Total Change | CN¥- | -68.18% |
Book Value vs Market Value Analysis
This analysis compares AVIT Ltd'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: 161.94x
- 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 increased from 7.77x to 161.94x 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¥1.31 | CN¥10.19 | x |
| 2018-12-31 | CN¥1.33 | CN¥10.19 | x |
| 2019-12-31 | CN¥0.74 | CN¥10.19 | x |
| 2020-12-31 | CN¥0.59 | CN¥10.19 | x |
| 2021-12-31 | CN¥0.35 | CN¥10.19 | x |
| 2022-12-31 | CN¥0.17 | CN¥10.19 | x |
| 2023-12-31 | CN¥0.20 | CN¥10.19 | x |
| 2024-12-31 | CN¥0.06 | CN¥10.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AVIT Ltd 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): -214.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.92%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 8.73x
- Recent ROE (-214.13%) is below the historical average (-28.38%), 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 | 18.33% | 19.18% | 0.61x | 1.57x | CN¥9.25 Million |
| 2009 | 20.24% | 19.14% | 0.82x | 1.29x | CN¥11.83 Million |
| 2010 | 21.21% | 21.28% | 0.78x | 1.27x | CN¥19.66 Million |
| 2011 | 7.08% | 21.16% | 0.31x | 1.08x | CN¥-17.43 Million |
| 2012 | 2.38% | 8.34% | 0.27x | 1.06x | CN¥-45.73 Million |
| 2013 | 2.71% | 11.49% | 0.23x | 1.04x | CN¥-45.00 Million |
| 2014 | 3.04% | 12.59% | 0.22x | 1.08x | CN¥-43.18 Million |
| 2015 | 1.18% | 4.91% | 0.22x | 1.09x | CN¥-53.77 Million |
| 2016 | 2.19% | 5.88% | 0.26x | 1.44x | CN¥-48.64 Million |
| 2017 | -13.62% | -30.32% | 0.27x | 1.68x | CN¥-127.88 Million |
| 2018 | 1.93% | 3.31% | 0.40x | 1.47x | CN¥-44.21 Million |
| 2019 | -51.21% | -95.92% | 0.34x | 1.59x | CN¥-188.34 Million |
| 2020 | -20.02% | -38.49% | 0.32x | 1.61x | CN¥-73.37 Million |
| 2021 | -73.36% | -77.36% | 0.45x | 2.11x | CN¥-119.79 Million |
| 2022 | -112.21% | -52.49% | 0.43x | 4.98x | CN¥-83.96 Million |
| 2023 | -78.18% | -50.99% | 0.35x | 4.33x | CN¥-75.14 Million |
| 2024 | -214.13% | -38.92% | 0.63x | 8.73x | CN¥-60.77 Million |
Industry Comparison
This section compares AVIT Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVIT Ltd (300264) | CN¥18.22 Million | 18.33% | 11.50x | $366.43 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |