Bringspring Science and Tech
Bringspring Science and Technology Co., Ltd. primarily engages in the smart healthcare business in China. It operates through Health Care and Social Security, Government and Public Utilities, and Others segments. The company's smart medical records services include medical record statistics management, integrated medical records, medical record tracing, digital medical records, paperless medical … Read more
Bringspring Science and Tech (300290) - Net Assets
Latest net assets as of June 2025: CN¥853.15 Million CNY
Based on the latest financial reports, Bringspring Science and Tech (300290) has net assets worth CN¥853.15 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¥1.40 Billion) and total liabilities (CN¥542.92 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¥853.15 Million |
| % of Total Assets | 61.11% |
| Annual Growth Rate | 28.08% |
| 5-Year Change | -36.4% |
| 10-Year Change | 2.57% |
| Growth Volatility | 61.23 |
Bringspring Science and Tech - Net Assets Trend (2008–2024)
This chart illustrates how Bringspring Science and Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bringspring Science and Tech (2008–2024)
The table below shows the annual net assets of Bringspring Science and Tech from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥897.21 Million | +1.15% |
| 2023-12-31 | CN¥887.03 Million | +3.00% |
| 2022-12-31 | CN¥861.22 Million | -20.53% |
| 2021-12-31 | CN¥1.08 Billion | -23.18% |
| 2020-12-31 | CN¥1.41 Billion | +28.68% |
| 2019-12-31 | CN¥1.10 Billion | +23.18% |
| 2018-12-31 | CN¥889.94 Million | +25.41% |
| 2017-12-31 | CN¥709.65 Million | -21.53% |
| 2016-12-31 | CN¥904.36 Million | +3.38% |
| 2015-12-31 | CN¥874.76 Million | +97.65% |
| 2014-12-31 | CN¥442.58 Million | +12.00% |
| 2013-12-31 | CN¥395.17 Million | +14.54% |
| 2012-12-31 | CN¥345.00 Million | +135.94% |
| 2011-12-31 | CN¥146.23 Million | +44.24% |
| 2010-12-31 | CN¥101.38 Million | +203.38% |
| 2009-12-31 | CN¥33.42 Million | +95.21% |
| 2008-12-31 | CN¥17.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bringspring Science and 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 decreased by 5621.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.17 Billion | 142.76% |
| Total Equity | CN¥821.53 Million | 100.00% |
Bringspring Science and Tech Competitors by Market Cap
The table below lists competitors of Bringspring Science and Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BNP Paribas Bank Polska S.A.
WAR:BNP
|
$981.24 Million |
|
OceanFirst Financial Corp
NASDAQ:OCFC
|
$981.48 Million |
|
Guangdong Taienkang Pharmaceutical Co. Ltd
SHE:301263
|
$982.12 Million |
|
ArcSoft Corp Ltd
SHG:688088
|
$982.32 Million |
|
United Renewable Energy Co Ltd
TW:3576
|
$980.87 Million |
|
TianJin 712 Communication & Broadcasting Co Ltd
SHG:603712
|
$980.87 Million |
|
Guanghui Logistics Co Ltd
SHG:600603
|
$980.72 Million |
|
Abacus Storage King
AU:ASK
|
$980.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bringspring Science and Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 825,953,376 to 821,525,594, a change of -4,427,782 (-0.5%).
- Net loss of 2,919,511 reduced equity.
- Dividend payments of 659,395 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.92 Million | -0.36% |
| Dividends Paid | CN¥659.40K | -0.08% |
| Other Changes | CN¥-848.88K | -0.1% |
| Total Change | CN¥- | -0.54% |
Book Value vs Market Value Analysis
This analysis compares Bringspring Science and 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: 11.88x
- 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 10.37x to 11.88x 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¥1.47 | CN¥15.26 | x |
| 2018-12-31 | CN¥1.75 | CN¥15.26 | x |
| 2019-12-31 | CN¥1.97 | CN¥15.26 | x |
| 2020-12-31 | CN¥2.29 | CN¥15.26 | x |
| 2021-12-31 | CN¥1.62 | CN¥15.26 | x |
| 2022-12-31 | CN¥1.27 | CN¥15.26 | x |
| 2023-12-31 | CN¥1.29 | CN¥15.26 | x |
| 2024-12-31 | CN¥1.28 | CN¥15.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bringspring Science and 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): -0.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.38%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.85x
- Recent ROE (-0.36%) is below the historical average (9.27%), 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 | 42.78% | 7.39% | 1.82x | 3.18x | CN¥5.60 Million |
| 2009 | 46.55% | 13.58% | 1.62x | 2.12x | CN¥11.67 Million |
| 2010 | 35.35% | 21.80% | 0.97x | 1.67x | CN¥25.31 Million |
| 2011 | 31.01% | 18.40% | 1.00x | 1.68x | CN¥30.40 Million |
| 2012 | 14.51% | 14.90% | 0.66x | 1.48x | CN¥15.51 Million |
| 2013 | 13.77% | 14.17% | 0.66x | 1.46x | CN¥14.56 Million |
| 2014 | 13.16% | 13.82% | 0.63x | 1.51x | CN¥13.69 Million |
| 2015 | 5.92% | 9.34% | 0.51x | 1.25x | CN¥-34.90 Million |
| 2016 | 3.67% | 6.45% | 0.45x | 1.26x | CN¥-55.81 Million |
| 2017 | 2.65% | 4.50% | 0.40x | 1.49x | CN¥-52.15 Million |
| 2018 | 2.30% | 3.26% | 0.43x | 1.65x | CN¥-68.55 Million |
| 2019 | 3.96% | 5.96% | 0.45x | 1.47x | CN¥-65.83 Million |
| 2020 | 5.88% | 10.20% | 0.40x | 1.45x | CN¥-56.21 Million |
| 2021 | -39.03% | -49.53% | 0.44x | 1.81x | CN¥-508.54 Million |
| 2022 | -27.79% | -31.94% | 0.46x | 1.88x | CN¥-306.26 Million |
| 2023 | 3.21% | 3.33% | 0.53x | 1.83x | CN¥-56.06 Million |
| 2024 | -0.36% | -0.38% | 0.50x | 1.85x | CN¥-85.07 Million |
Industry Comparison
This section compares Bringspring Science and 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: $1,406,142,259
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bringspring Science and Tech (300290) | CN¥853.15 Million | 42.78% | 0.64x | $981.20 Million |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| SZZT Electronics Co Ltd (002197) | $1.08 Billion | 5.10% | 0.54x | $534.28 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |