Strait Innovation Internet Co Ltd (300300) - Net Assets
Based on the latest financial reports, Strait Innovation Internet Co Ltd (300300) has net assets worth CN¥145.45 Million CNY (≈ $21.28 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥979.36 Million ≈ $143.31 Million USD) and total liabilities (CN¥833.90 Million ≈ $122.03 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 Strait Innovation Internet Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥145.45 Million |
| % of Total Assets | 14.85% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | -81.11% |
| 10-Year Change | -78.32% |
| Growth Volatility | 72.78 |
Strait Innovation Internet Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Strait Innovation Internet Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Strait Innovation Internet Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Strait Innovation Internet Co Ltd (2008–2024)
The table below shows the annual net assets of Strait Innovation Internet Co Ltd from 2008 to 2024. For live valuation and market cap data, see 300300 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥171.88 Million ≈ $25.15 Million |
-9.05% |
| 2023-12-31 | CN¥188.98 Million ≈ $27.65 Million |
-48.75% |
| 2022-12-31 | CN¥368.73 Million ≈ $53.96 Million |
-32.03% |
| 2021-12-31 | CN¥542.48 Million ≈ $79.38 Million |
-40.38% |
| 2020-12-31 | CN¥909.88 Million ≈ $133.14 Million |
-38.91% |
| 2019-12-31 | CN¥1.49 Billion ≈ $217.94 Million |
-35.99% |
| 2018-12-31 | CN¥2.33 Billion ≈ $340.51 Million |
+8.49% |
| 2017-12-31 | CN¥2.14 Billion ≈ $313.85 Million |
-1.93% |
| 2016-12-31 | CN¥2.19 Billion ≈ $320.03 Million |
+175.79% |
| 2015-12-31 | CN¥793.00 Million ≈ $116.04 Million |
+6.58% |
| 2014-12-31 | CN¥744.04 Million ≈ $108.88 Million |
+15.44% |
| 2013-12-31 | CN¥644.53 Million ≈ $94.32 Million |
+9.27% |
| 2012-12-31 | CN¥589.84 Million ≈ $86.31 Million |
+214.26% |
| 2011-12-31 | CN¥187.69 Million ≈ $27.47 Million |
+32.34% |
| 2010-12-31 | CN¥141.83 Million ≈ $20.75 Million |
+47.32% |
| 2009-12-31 | CN¥96.27 Million ≈ $14.09 Million |
+70.54% |
| 2008-12-31 | CN¥56.45 Million ≈ $8.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Strait Innovation Internet Co 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 30628.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥666.85 Million | 396.47% |
| Other Comprehensive Income | CN¥142.42 Million | 84.68% |
| Other Components | CN¥1.00 Billion | 596.74% |
| Total Equity | CN¥168.20 Million | 100.00% |
Strait Innovation Internet Co Ltd Competitors by Market Cap
The table below lists competitors of Strait Innovation Internet Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Simply Good Foods Co
NASDAQ:SMPL
|
$1.22 Billion |
|
Suzhou Jinfu New Material Co
SHE:300128
|
$1.23 Billion |
|
Zimplats Holdings Ltd
AU:ZIM
|
$1.23 Billion |
|
Carter’s Inc
NYSE:CRI
|
$1.23 Billion |
|
Rush Enterprises B Inc
NASDAQ:RUSHB
|
$1.22 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
$1.22 Billion |
|
Tibet GaoZheng Explosive Co Ltd
SHE:002827
|
$1.22 Billion |
|
Tianjin Ringpu Bio Tech
SHE:300119
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strait Innovation Internet Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 188,460,248 to 168,196,848, a change of -20,263,400 (-10.8%).
- Net income of 5,680,010 contributed positively to equity growth.
- Dividend payments of 55,242,267 reduced retained earnings.
- Other comprehensive income decreased equity by 54,786,483.
- Other factors increased equity by 84,085,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.68 Million | +3.38% |
| Dividends Paid | CN¥55.24 Million | -32.84% |
| Other Comprehensive Income | CN¥-54.79 Million | -32.57% |
| Other Changes | CN¥84.09 Million | +49.99% |
| Total Change | CN¥- | -10.75% |
Book Value vs Market Value Analysis
This analysis compares Strait Innovation Internet Co 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: 42.38x
- 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 84.76x to 42.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.15 | CN¥12.55 | x |
| 2009-12-31 | CN¥0.21 | CN¥12.55 | x |
| 2010-12-31 | CN¥0.36 | CN¥12.55 | x |
| 2011-12-31 | CN¥0.44 | CN¥12.55 | x |
| 2012-12-31 | CN¥1.09 | CN¥12.55 | x |
| 2013-12-31 | CN¥1.11 | CN¥12.55 | x |
| 2014-12-31 | CN¥1.25 | CN¥12.55 | x |
| 2015-12-31 | CN¥1.34 | CN¥12.55 | x |
| 2016-12-31 | CN¥3.26 | CN¥12.55 | x |
| 2017-12-31 | CN¥3.02 | CN¥12.55 | x |
| 2018-12-31 | CN¥3.40 | CN¥12.55 | x |
| 2019-12-31 | CN¥2.24 | CN¥12.55 | x |
| 2020-12-31 | CN¥1.34 | CN¥12.55 | x |
| 2021-12-31 | CN¥0.81 | CN¥12.55 | x |
| 2022-12-31 | CN¥0.55 | CN¥12.55 | x |
| 2023-12-31 | CN¥0.28 | CN¥12.55 | x |
| 2024-12-31 | CN¥0.30 | CN¥12.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strait Innovation Internet Co 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): 3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.36%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 6.23x
- Recent ROE (3.38%) is above the historical average (-15.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 10.36% | 8.63% | 0.59x | 2.05x | CN¥200.82K |
| 2009 | 18.02% | 14.31% | 0.68x | 1.86x | CN¥6.46 Million |
| 2010 | 23.70% | 19.43% | 0.82x | 1.48x | CN¥19.43 Million |
| 2011 | 27.90% | 15.71% | 1.02x | 1.73x | CN¥33.60 Million |
| 2012 | 9.50% | 13.79% | 0.50x | 1.38x | CN¥-2.91 Million |
| 2013 | 9.00% | 11.76% | 0.50x | 1.53x | CN¥-6.33 Million |
| 2014 | 11.75% | 11.43% | 0.60x | 1.72x | CN¥12.73 Million |
| 2015 | 10.00% | 11.04% | 0.44x | 2.06x | CN¥14.21K |
| 2016 | 1.76% | 8.92% | 0.12x | 1.62x | CN¥-179.52 Million |
| 2017 | 3.97% | 21.05% | 0.12x | 1.58x | CN¥-129.26 Million |
| 2018 | 5.29% | 23.56% | 0.15x | 1.47x | CN¥-110.50 Million |
| 2019 | -53.06% | -179.08% | 0.18x | 1.61x | CN¥-961.01 Million |
| 2020 | -65.30% | -167.95% | 0.19x | 2.03x | CN¥-684.81 Million |
| 2021 | -67.36% | -77.07% | 0.30x | 2.94x | CN¥-419.60 Million |
| 2022 | -47.94% | -108.03% | 0.12x | 3.62x | CN¥-213.95 Million |
| 2023 | -166.72% | -251.42% | 0.10x | 6.43x | CN¥-333.04 Million |
| 2024 | 3.38% | 3.36% | 0.16x | 6.23x | CN¥-11.14 Million |
Industry Comparison
This section compares Strait Innovation Internet Co Ltd'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 |
|---|---|---|---|---|
| Strait Innovation Internet Co Ltd (300300) | CN¥145.45 Million | 10.36% | 5.73x | $1.22 Billion |
| 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 Strait Innovation Internet Co Ltd
Strait Innovation Internet Co., Ltd. engages in the smart city and smart medical care businesses in China. The company provides smart city planning, design, consulting, engineering construction, integration, and operation services; and Internet diagnosis and treatment services. It also offers retail, network information, financial, consulting, investment and asset management, leasing, business, m… Read more