Surfilter Network Technology Co Ltd Net Assets
Surfilter Network Technology Co Ltd net assets. Based on the latest financial reports, Surfilter Network Technology Co Ltd (300311) has net assets worth CN¥699.77 Million CNY (≈ $102.40 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¥1.25 Billion ≈ $182.86 Million USD) and total liabilities (CN¥549.85 Million ≈ $80.46 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. See how leveraged is Surfilter Network Technology Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥699.77 Million |
| % of Total Assets | 56.0% |
| Annual Growth Rate | 18.2% |
| 5-Year Change | -20.87% |
| 10-Year Change | -10.42% |
| Growth Volatility | 59.76 |
Net Assets of Surfilter Network Technology Co Ltd (2009–2025)
Net assets of Surfilter Network Technology Co Ltd from 2009 to 2025. This chart illustrates how Surfilter Network Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how fast is Surfilter Network Technology Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Net Assets for Surfilter Network Technology Co Ltd (2009–2025)
The table below shows the annual net assets of Surfilter Network Technology Co Ltd from 2009 to 2025. For live market cap and overall valuation, see Surfilter Network Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥726.21 Million ≈ $106.27 Million |
+3.43% |
| 2024-12-31 | CN¥702.15 Million ≈ $102.75 Million |
-4.71% |
| 2023-12-31 | CN¥736.84 Million ≈ $107.82 Million |
-14.27% |
| 2022-12-31 | CN¥859.45 Million ≈ $125.76 Million |
-6.36% |
| 2021-12-31 | CN¥917.78 Million ≈ $134.30 Million |
-5.16% |
| 2020-12-31 | CN¥967.69 Million ≈ $141.60 Million |
+1.89% |
| 2019-12-31 | CN¥949.77 Million ≈ $138.98 Million |
-9.11% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.91 Million |
+8.21% |
| 2017-12-31 | CN¥965.73 Million ≈ $141.32 Million |
+19.12% |
| 2016-12-31 | CN¥810.72 Million ≈ $118.63 Million |
-26.53% |
| 2015-12-31 | CN¥1.10 Billion ≈ $161.48 Million |
+144.72% |
| 2014-12-31 | CN¥450.94 Million ≈ $65.99 Million |
+8.16% |
| 2013-12-31 | CN¥416.93 Million ≈ $61.01 Million |
+2.51% |
| 2012-12-31 | CN¥406.73 Million ≈ $59.52 Million |
+185.40% |
| 2011-12-31 | CN¥142.51 Million ≈ $20.85 Million |
+37.10% |
| 2010-12-31 | CN¥103.95 Million ≈ $15.21 Million |
+107.79% |
| 2009-12-31 | CN¥50.02 Million ≈ $7.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Surfilter Network Technology 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 676.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Surfilter Network Technology Co Ltd Net Assets Breakdown (December 2025)
Surfilter Network Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥875.19 Million | 128.76% |
| Total Equity | CN¥679.70 Million | 100.00% |
Surfilter Network Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Surfilter Network Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GREENLIGHT CAP.RE A DL-01
F:G8L
|
$500.81 Million |
|
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S.
IS:EUPWR
|
$500.95 Million |
|
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593
|
$501.10 Million |
|
Shenzhen Silver Basis Technology Co Ltd
SHE:002786
|
$501.14 Million |
|
SI-TECH Information Technology Co Ltd
SHE:300608
|
$500.62 Million |
|
West Bancorporation
NASDAQ:WTBA
|
$500.57 Million |
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
$500.53 Million |
|
Kambi Group PLC Series B
LSE:0EAW
|
$500.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surfilter Network Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 653,413,972 to 679,696,907, a change of 26,282,934 (4.0%).
- Net income of 23,036,823 contributed positively to equity growth.
- Dividend payments of 1,083,742 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥23.04 Million | +3.39% |
| Dividends Paid | CN¥1.08 Million | -0.16% |
| Other Changes | CN¥4.33 Million | +0.64% |
| Total Change | CN¥- | 4.02% |
Book Value vs Market Value Analysis
This analysis compares Surfilter Network Technology 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: 5.03x
- 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 3.75x to 5.03x 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¥1.35 | CN¥5.08 | x |
| 2018-12-31 | CN¥1.45 | CN¥5.08 | x |
| 2019-12-31 | CN¥1.30 | CN¥5.08 | x |
| 2020-12-31 | CN¥1.34 | CN¥5.08 | x |
| 2021-12-31 | CN¥1.29 | CN¥5.08 | x |
| 2022-12-31 | CN¥1.22 | CN¥5.08 | x |
| 2023-12-31 | CN¥1.05 | CN¥5.08 | x |
| 2024-12-31 | CN¥0.97 | CN¥5.08 | x |
| 2025-12-31 | CN¥1.01 | CN¥5.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surfilter Network Technology 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): 3.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.71%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.85x
- Recent ROE (3.39%) is below the historical average (5.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 44.53% | 23.70% | 1.09x | 1.72x | CN¥17.26 Million |
| 2010 | 29.00% | 21.72% | 1.03x | 1.30x | CN¥19.75 Million |
| 2011 | 27.06% | 22.02% | 0.89x | 1.38x | CN¥24.31 Million |
| 2012 | 9.62% | 20.21% | 0.36x | 1.32x | CN¥-1.55 Million |
| 2013 | 6.01% | 10.25% | 0.45x | 1.31x | CN¥-16.71 Million |
| 2014 | 9.06% | 13.94% | 0.47x | 1.38x | CN¥-4.29 Million |
| 2015 | 5.85% | 18.16% | 0.23x | 1.42x | CN¥-46.40 Million |
| 2016 | -45.24% | -52.98% | 0.59x | 1.45x | CN¥-428.81 Million |
| 2017 | 12.05% | 10.70% | 0.52x | 2.18x | CN¥18.58 Million |
| 2018 | 21.73% | 18.19% | 0.58x | 2.06x | CN¥115.78 Million |
| 2019 | -11.45% | -10.16% | 0.62x | 1.82x | CN¥-189.70 Million |
| 2020 | 1.89% | 1.95% | 0.52x | 1.86x | CN¥-73.22 Million |
| 2021 | -4.45% | -5.54% | 0.41x | 1.97x | CN¥-125.10 Million |
| 2022 | -0.12% | -0.14% | 0.47x | 1.91x | CN¥-82.90 Million |
| 2023 | -17.50% | -20.37% | 0.45x | 1.90x | CN¥-194.91 Million |
| 2024 | -6.06% | -8.39% | 0.36x | 2.02x | CN¥-104.97 Million |
| 2025 | 3.39% | 4.71% | 0.39x | 1.85x | CN¥-44.93 Million |
Industry Comparison
This section compares Surfilter Network Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,236,324,233
- Average return on equity (ROE) among peers: 17.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surfilter Network Technology Co Ltd (300311) | CN¥699.77 Million | 44.53% | 0.79x | $500.75 Million |
| ZTE Corp (000063) | $78.39 Million | 93.31% | 2.02x | $16.70 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $270.17 Million | 19.39% | 1.71x | $1.61 Billion |
| Addsino Co Ltd (000547) | $326.13 Million | 0.10% | 0.56x | $2.81 Billion |
| Sichuan Huiyuan Optical Com (000586) | $261.12 Million | -1.11% | 1.30x | $304.29 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $98.90 Million | 0.94% | 1.51x | $335.53 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $172.71 Million | 23.43% | 0.47x | $1.50 Billion |
| Skyworth Digital Co Ltd (000810) | $6.01 Billion | 13.69% | 0.80x | $1.78 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.46 Billion | 5.18% | 1.36x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $694.46 Million | 14.34% | 1.64x | $727.80 Million |
| Sunwave Communications Co Ltd (002115) | $988.06 Million | 2.79% | 1.64x | $1.05 Billion |
About Surfilter Network Technology Co Ltd
Surfilter Network Technology Co., Ltd. provides network information security solutions in China and internationally. The company offers network security protection product, such as zero trust, data, and border security; security perception; secure access; and security audit. It also provides government regulated product, including critical infrastructure security supervision, important informatio… Read more