Beijing Tongtech Co Ltd
Beijing Tongtech Co., Ltd. provides high security products and solutions in China. It develops basic software, network information security, smart emergency response, and digital transformation business system. The company also provides security+ solutions comprising network security, such as intrusion detection and control, malicious link detection, information security management, and mobile in… Read more
Beijing Tongtech Co Ltd (300379) - Net Assets
Latest net assets as of June 2025: CN¥3.08 Billion CNY
Based on the latest financial reports, Beijing Tongtech Co Ltd (300379) has net assets worth CN¥3.08 Billion 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¥3.43 Billion) and total liabilities (CN¥342.06 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¥3.08 Billion |
| % of Total Assets | 90.01% |
| Annual Growth Rate | 28.43% |
| 5-Year Change | 53.04% |
| 10-Year Change | 271.63% |
| Growth Volatility | 75.19 |
Beijing Tongtech Co Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Beijing Tongtech Co 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 Beijing Tongtech Co Ltd (2010–2024)
The table below shows the annual net assets of Beijing Tongtech Co Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.13 Billion | -17.81% |
| 2023-12-31 | CN¥3.80 Billion | +56.72% |
| 2022-12-31 | CN¥2.43 Billion | +7.10% |
| 2021-12-31 | CN¥2.27 Billion | +10.93% |
| 2020-12-31 | CN¥2.04 Billion | +23.37% |
| 2019-12-31 | CN¥1.66 Billion | +16.38% |
| 2018-12-31 | CN¥1.42 Billion | -1.74% |
| 2017-12-31 | CN¥1.45 Billion | -18.43% |
| 2016-12-31 | CN¥1.77 Billion | +110.99% |
| 2015-12-31 | CN¥840.98 Million | +7.64% |
| 2014-12-31 | CN¥781.30 Million | +286.80% |
| 2013-12-31 | CN¥201.99 Million | +29.06% |
| 2012-12-31 | CN¥156.51 Million | +17.55% |
| 2011-12-31 | CN¥133.14 Million | +41.51% |
| 2010-12-31 | CN¥94.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Tongtech 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 6258.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.87 Billion | 123.88% |
| Total Equity | CN¥3.12 Billion | 100.00% |
Beijing Tongtech Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Tongtech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banque Cantonale Du Jura SA
SW:BCJ
|
$118.37 Million |
|
MS INTL PLC LS-10
F:6QK
|
$118.45 Million |
|
Korea Environment Technology Co. LTD
KQ:029960
|
$118.50 Million |
|
Jiangsu Jingxue Insulation
SHE:301010
|
$118.51 Million |
|
Brunel International NV
AS:BRNL
|
$118.30 Million |
|
Jtekt India Limited
NSE:JTEKTINDIA
|
$118.27 Million |
|
SBB Tech Co Ltd
KQ:389500
|
$118.25 Million |
|
Sun Yad Construction Co Ltd
TW:1316
|
$118.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Tongtech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,802,357,703 to 3,123,830,256, a change of -678,527,446 (-17.8%).
- Net loss of 575,545,137 reduced equity.
- Dividend payments of 3,060,656 reduced retained earnings.
- Other factors decreased equity by 99,921,653.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-575.55 Million | -18.42% |
| Dividends Paid | CN¥3.06 Million | -0.1% |
| Other Changes | CN¥-99.92 Million | -3.2% |
| Total Change | CN¥- | -17.84% |
Book Value vs Market Value Analysis
This analysis compares Beijing Tongtech 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: 0.31x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.53x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.27 | CN¥1.72 | x |
| 2018-12-31 | CN¥3.21 | CN¥1.72 | x |
| 2019-12-31 | CN¥3.68 | CN¥1.72 | x |
| 2020-12-31 | CN¥4.50 | CN¥1.72 | x |
| 2021-12-31 | CN¥4.96 | CN¥1.72 | x |
| 2022-12-31 | CN¥5.27 | CN¥1.72 | x |
| 2023-12-31 | CN¥6.71 | CN¥1.72 | x |
| 2024-12-31 | CN¥5.60 | CN¥1.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Tongtech 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): -18.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -75.96%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.14x
- Recent ROE (-18.42%) is below the historical average (7.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 31.15% | 37.34% | 0.62x | 1.34x | CN¥19.90 Million |
| 2011 | 29.33% | 35.03% | 0.61x | 1.37x | CN¥25.74 Million |
| 2012 | 25.57% | 25.82% | 0.65x | 1.53x | CN¥24.37 Million |
| 2013 | 22.51% | 25.23% | 0.61x | 1.47x | CN¥25.28 Million |
| 2014 | 7.31% | 29.42% | 0.20x | 1.24x | CN¥-21.01 Million |
| 2015 | 8.41% | 29.79% | 0.26x | 1.10x | CN¥-13.41 Million |
| 2016 | 6.28% | 34.22% | 0.17x | 1.11x | CN¥-66.07 Million |
| 2017 | -21.23% | -104.95% | 0.19x | 1.08x | CN¥-452.03 Million |
| 2018 | 8.59% | 32.84% | 0.18x | 1.43x | CN¥-20.06 Million |
| 2019 | 8.54% | 28.26% | 0.23x | 1.30x | CN¥-24.24 Million |
| 2020 | 11.97% | 38.16% | 0.26x | 1.19x | CN¥40.15 Million |
| 2021 | 10.95% | 28.74% | 0.32x | 1.18x | CN¥21.56 Million |
| 2022 | 2.44% | 6.52% | 0.31x | 1.22x | CN¥-183.40 Million |
| 2023 | -17.69% | -120.83% | 0.13x | 1.10x | CN¥-1.05 Billion |
| 2024 | -18.42% | -75.96% | 0.21x | 1.14x | CN¥-887.93 Million |
Industry Comparison
This section compares Beijing Tongtech Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,048,736,079
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Tongtech Co Ltd (300379) | CN¥3.08 Billion | 31.15% | 0.11x | $118.37 Million |
| Digital China Information Service Co Ltd (000555) | $-125.57 Million | 0.00% | 0.00x | $1.17 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.06 Billion |
| YGSOFT Inc (002063) | $2.10 Billion | 8.22% | 0.19x | $1.26 Billion |
| Dhc Software Co Ltd (002065) | $8.61 Billion | 13.26% | 0.30x | $2.40 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $322.94 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $51.79 Million | 15.64% | 0.90x | $953.24 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.13 Billion | 23.47% | 0.16x | $1.00 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.18 Billion | 7.45% | 0.12x | $6.64 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.29 Billion |
| Wisesoft Co Ltd (002253) | $171.84 Million | 15.22% | 0.51x | $265.79 Million |