Sichuan Xunyou Network Technology Co Ltd
Sichuan Xunyou Network Technology Co., Ltd. provides network services for real-time interactive applications in China. The company offers Xunyou and mobile game accelerator, console game acceleration, router plug in, internet cafe management platform, and VR game acceleration products. It also provides advertising display and paid subscription services based on mobile internet application softwar… Read more
Sichuan Xunyou Network Technology Co Ltd (300467) - Net Assets
Latest net assets as of June 2025: CN¥709.90 Million CNY
Based on the latest financial reports, Sichuan Xunyou Network Technology Co Ltd (300467) has net assets worth CN¥709.90 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¥892.64 Million) and total liabilities (CN¥182.74 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¥709.90 Million |
| % of Total Assets | 79.53% |
| Annual Growth Rate | 20.76% |
| 5-Year Change | -16.0% |
| 10-Year Change | 56.85% |
| Growth Volatility | 167.15 |
Sichuan Xunyou Network Technology Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Sichuan Xunyou Network 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 Sichuan Xunyou Network Technology Co Ltd (2014–2024)
The table below shows the annual net assets of Sichuan Xunyou Network Technology Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥697.28 Million | -2.51% |
| 2023-12-31 | CN¥715.25 Million | +6.14% |
| 2022-12-31 | CN¥673.85 Million | -6.34% |
| 2021-12-31 | CN¥719.46 Million | -13.32% |
| 2020-12-31 | CN¥830.06 Million | -25.57% |
| 2019-12-31 | CN¥1.12 Billion | -49.95% |
| 2018-12-31 | CN¥2.23 Billion | -26.02% |
| 2017-12-31 | CN¥3.01 Billion | +469.02% |
| 2016-12-31 | CN¥529.40 Million | +19.09% |
| 2015-12-31 | CN¥444.55 Million | +320.46% |
| 2014-12-31 | CN¥105.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Xunyou 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 4475.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.56 Billion | 411.09% |
| Total Equity | CN¥622.04 Million | 100.00% |
Sichuan Xunyou Network Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Xunyou Network Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Wave Group AB ser. B
LSE:0KIZ
|
$596.46 Million |
|
Serve Robotics Inc. Common Stock
NASDAQ:SERV
|
$596.70 Million |
|
Pozavarovalnica Sava, d.d.
F:I69
|
$597.14 Million |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
$597.20 Million |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
$596.26 Million |
|
Changchun Faway Automobile Components Co Ltd
SHG:600742
|
$596.17 Million |
|
Engineers India Limited
NSE:ENGINERSIN
|
$595.97 Million |
|
Basler Kantonalbank
SW:BSKP
|
$595.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Xunyou Network Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 599,914,110 to 622,042,324, a change of 22,128,215 (3.7%).
- Net income of 20,535,460 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥20.54 Million | +3.3% |
| Other Changes | CN¥1.59 Million | +0.26% |
| Total Change | CN¥- | 3.69% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Xunyou 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: 9.79x
- 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 2.25x to 9.79x 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¥13.34 | CN¥29.97 | x |
| 2018-12-31 | CN¥9.80 | CN¥29.97 | x |
| 2019-12-31 | CN¥4.82 | CN¥29.97 | x |
| 2020-12-31 | CN¥3.67 | CN¥29.97 | x |
| 2021-12-31 | CN¥2.86 | CN¥29.97 | x |
| 2022-12-31 | CN¥2.80 | CN¥29.97 | x |
| 2023-12-31 | CN¥2.95 | CN¥29.97 | x |
| 2024-12-31 | CN¥3.06 | CN¥29.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Xunyou 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): 3.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.90%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.44x
- Recent ROE (3.30%) is above the historical average (-7.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 56.21% | 33.79% | 1.15x | 1.45x | CN¥49.47 Million |
| 2015 | 13.65% | 34.54% | 0.35x | 1.14x | CN¥15.86 Million |
| 2016 | 7.27% | 24.76% | 0.21x | 1.39x | CN¥-14.72 Million |
| 2017 | 3.39% | 36.81% | 0.08x | 1.19x | CN¥-199.90 Million |
| 2018 | -35.71% | -108.12% | 0.26x | 1.26x | CN¥-1.01 Billion |
| 2019 | -110.25% | -245.26% | 0.29x | 1.52x | CN¥-1.29 Billion |
| 2020 | 4.50% | 7.35% | 0.40x | 1.54x | CN¥-41.10 Million |
| 2021 | -29.96% | -36.81% | 0.48x | 1.68x | CN¥-232.36 Million |
| 2022 | -3.66% | -5.86% | 0.38x | 1.64x | CN¥-77.73 Million |
| 2023 | 4.90% | 7.93% | 0.39x | 1.59x | CN¥-30.60 Million |
| 2024 | 3.30% | 6.90% | 0.33x | 1.44x | CN¥-41.67 Million |
Industry Comparison
This section compares Sichuan Xunyou Network Technology Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,288,074,106
- Average return on equity (ROE) among peers: 13.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Xunyou Network Technology Co Ltd (300467) | CN¥709.90 Million | 56.21% | 0.26x | $596.29 Million |
| YOUZU Interactive Co Ltd (002174) | $225.02 Million | 4.38% | 0.54x | $1.27 Billion |
| Dalian Zeus Entertainment (002354) | $2.76 Billion | 1.55% | 0.30x | $1.31 Billion |
| Kaiser China Holding Co Ltd (002425) | $278.18 Million | 20.99% | 0.21x | $367.04 Million |
| Kingnet Network Co Ltd (002517) | $645.22 Million | 9.71% | 0.07x | $4.42 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $13.02 Billion | 20.54% | 0.50x | $4.16 Billion |
| Giant Network Group Co Ltd (002558) | $100.63 Million | 25.98% | 0.77x | $5.15 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $3.99 Billion | 10.21% | 0.27x | $12.35 Billion |
| Shenzhen Zqgame (300052) | $170.25 Million | 24.16% | 0.10x | $384.52 Million |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $1.61 Billion |
| Ourpalm (300315) | $881.90 Million | 9.33% | 0.04x | $1.78 Billion |