Beijing Sinnet Technology Co Ltd
Beijing Sinnet Technology Co.,Ltd, together with its subsidiaries, provides internet data center (IDC), cloud computing, internet broadband access, and other internet solutions in China and Hong Kong. The company offers data center value-added services, including data center renovation, line, and operation and maintenance value-added services, as well as office and park services; and customized d… Read more
Beijing Sinnet Technology Co Ltd (300383) - Net Assets
Latest net assets as of September 2025: CN¥13.28 Billion CNY
Based on the latest financial reports, Beijing Sinnet Technology Co Ltd (300383) has net assets worth CN¥13.28 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥21.45 Billion) and total liabilities (CN¥8.17 Billion). 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¥13.28 Billion |
| % of Total Assets | 61.91% |
| Annual Growth Rate | 39.08% |
| 5-Year Change | 42.97% |
| 10-Year Change | 1047.68% |
| Growth Volatility | 112.33 |
Beijing Sinnet Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Beijing Sinnet Technology 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 Sinnet Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Beijing Sinnet Technology Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.23 Billion | +1.31% |
| 2023-12-31 | CN¥13.06 Billion | +3.20% |
| 2022-12-31 | CN¥12.65 Billion | -7.11% |
| 2021-12-31 | CN¥13.62 Billion | +47.23% |
| 2020-12-31 | CN¥9.25 Billion | +10.85% |
| 2019-12-31 | CN¥8.35 Billion | +11.20% |
| 2018-12-31 | CN¥7.51 Billion | +9.93% |
| 2017-12-31 | CN¥6.83 Billion | +5.95% |
| 2016-12-31 | CN¥6.44 Billion | +459.14% |
| 2015-12-31 | CN¥1.15 Billion | +65.09% |
| 2014-12-31 | CN¥698.07 Million | +126.31% |
| 2013-12-31 | CN¥308.45 Million | +22.91% |
| 2012-12-31 | CN¥250.96 Million | +23.52% |
| 2011-12-31 | CN¥203.18 Million | +26.11% |
| 2010-12-31 | CN¥161.11 Million | +71.65% |
| 2009-12-31 | CN¥93.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Sinnet 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 grown by 19165.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.53 Billion | 27.88% |
| Common Stock | CN¥1.80 Billion | 14.18% |
| Other Comprehensive Income | CN¥122.19 Million | 0.96% |
| Other Components | CN¥7.23 Billion | 56.98% |
| Total Equity | CN¥12.68 Billion | 100.00% |
Beijing Sinnet Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Sinnet Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JBS S.A
SA:JBSS3
|
$2.78 Billion |
|
D'Ieteren Group SA
PINK:SIEVF
|
$2.78 Billion |
|
Pilbara Minerals Limited
PINK:PILBF
|
$2.78 Billion |
|
Vita Coco Company Inc
NASDAQ:COCO
|
$2.78 Billion |
|
GULFP.EN.OP. NEW21 DL-01
F:G2U0
|
$2.78 Billion |
|
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
|
$2.78 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
$2.78 Billion |
|
Crescent Energy Co
NYSE:CRGY
|
$2.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Sinnet Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,496,560,923 to 12,680,166,655, a change of 183,605,732 (1.5%).
- Net income of 381,444,829 contributed positively to equity growth.
- Dividend payments of 295,444,487 reduced retained earnings.
- Other comprehensive income decreased equity by 18,079,806.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥381.44 Million | +3.01% |
| Dividends Paid | CN¥295.44 Million | -2.33% |
| Other Comprehensive Income | CN¥-18.08 Million | -0.14% |
| Other Changes | CN¥115.69 Million | +0.91% |
| Total Change | CN¥- | 1.47% |
Book Value vs Market Value Analysis
This analysis compares Beijing Sinnet 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: 2.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 101.75x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.15 | CN¥14.97 | x |
| 2010-12-31 | CN¥0.20 | CN¥14.97 | x |
| 2011-12-31 | CN¥0.22 | CN¥14.97 | x |
| 2012-12-31 | CN¥0.27 | CN¥14.97 | x |
| 2013-12-31 | CN¥0.33 | CN¥14.97 | x |
| 2014-12-31 | CN¥0.66 | CN¥14.97 | x |
| 2015-12-31 | CN¥0.70 | CN¥14.97 | x |
| 2016-12-31 | CN¥4.52 | CN¥14.97 | x |
| 2017-12-31 | CN¥4.43 | CN¥14.97 | x |
| 2018-12-31 | CN¥5.17 | CN¥14.97 | x |
| 2019-12-31 | CN¥5.41 | CN¥14.97 | x |
| 2020-12-31 | CN¥5.99 | CN¥14.97 | x |
| 2021-12-31 | CN¥8.41 | CN¥14.97 | x |
| 2022-12-31 | CN¥6.73 | CN¥14.97 | x |
| 2023-12-31 | CN¥7.09 | CN¥14.97 | x |
| 2024-12-31 | CN¥6.98 | CN¥14.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Sinnet 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): 3.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.24%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.55x
- Recent ROE (3.01%) is below the historical average (11.45%), 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 | 23.79% | 20.85% | 0.94x | 1.22x | CN¥12.94 Million |
| 2010 | 20.06% | 24.98% | 0.68x | 1.19x | CN¥16.21 Million |
| 2011 | 20.71% | 25.30% | 0.71x | 1.16x | CN¥21.75 Million |
| 2012 | 22.07% | 22.86% | 0.78x | 1.23x | CN¥30.29 Million |
| 2013 | 21.84% | 21.83% | 0.68x | 1.47x | CN¥36.47 Million |
| 2014 | 13.64% | 21.90% | 0.50x | 1.24x | CN¥25.43 Million |
| 2015 | 14.91% | 19.20% | 0.38x | 2.07x | CN¥37.38 Million |
| 2016 | 5.53% | 14.46% | 0.26x | 1.47x | CN¥-270.42 Million |
| 2017 | 6.78% | 10.69% | 0.38x | 1.65x | CN¥-207.24 Million |
| 2018 | 8.90% | 11.08% | 0.53x | 1.52x | CN¥-82.61 Million |
| 2019 | 9.88% | 11.62% | 0.58x | 1.47x | CN¥-10.25 Million |
| 2020 | 9.88% | 12.21% | 0.55x | 1.47x | CN¥-11.34 Million |
| 2021 | 6.42% | 10.86% | 0.40x | 1.49x | CN¥-466.16 Million |
| 2022 | -7.27% | -12.24% | 0.37x | 1.60x | CN¥-2.09 Billion |
| 2023 | 3.10% | 4.94% | 0.42x | 1.51x | CN¥-861.70 Million |
| 2024 | 3.01% | 5.24% | 0.37x | 1.55x | CN¥-886.57 Million |
Industry Comparison
This section compares Beijing Sinnet Technology Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,637,103,223
- Average return on equity (ROE) among peers: -51.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Sinnet Technology Co Ltd (300383) | CN¥13.28 Billion | 23.79% | 0.62x | $2.78 Billion |
| Eastcompeace Technology Co Ltd (002017) | $418.66 Million | 5.29% | 0.42x | $898.39 Million |
| Wiscom System Co Ltd (002090) | $135.58 Million | 19.66% | 1.16x | $607.71 Million |
| Topsec Technologies Group Inc (002212) | $1.70 Billion | 5.53% | 0.32x | $1.09 Billion |
| Focus Technology Co Ltd (002315) | $120.67 Million | 53.17% | 0.63x | $904.68 Million |
| Beijing Venustech Inc (002439) | $1.80 Billion | 13.57% | 0.57x | $1.27 Billion |
| Maxvision Technology Corp (002990) | $199.04 Million | 23.56% | 1.02x | $346.02 Million |
| Wangsu Science Tech (300017) | $7.97 Billion | 10.42% | 0.29x | $4.01 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $3.45 Billion | 3.82% | 0.75x | $921.82 Million |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $515.71 Million | 3.50% | 0.02x | $2.45 Billion |
| TIZA Information Industry Corporation Inc (300209) | $56.50 Million | -649.13% | 13.39x | $1.01 Billion |