Xinjiang Sailing Information Technology Co Ltd

SHE:300588 China Software - Application
Market Cap
$674.31 Million
CN¥4.95 Billion CNY
Market Cap Rank
#11195 Global
#2594 in China
Share Price
CN¥25.84
Change (1 day)
+1.02%
52-Week Range
CN¥9.84 - CN¥32.40
All Time High
CN¥33.59
About

Xinjiang Sailing Information Technology Co., Ltd. provides big data intelligent application software and network security assessment services in the fields of public security and smart cities in China. The company offers gateway solutions, including audio and video access, video application, and data access gateways; big data platform solutions; and public safety solutions, such as public securit… Read more

Xinjiang Sailing Information Technology Co Ltd (300588) - Net Assets

Latest net assets as of June 2025: CN¥305.29 Million CNY

Based on the latest financial reports, Xinjiang Sailing Information Technology Co Ltd (300588) has net assets worth CN¥305.29 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¥707.34 Million) and total liabilities (CN¥402.05 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¥305.29 Million
% of Total Assets 43.16%
Annual Growth Rate 8.89%
5-Year Change 13.88%
10-Year Change 85.84%
Growth Volatility 31.69

Xinjiang Sailing Information Technology Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Xinjiang Sailing Information 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 Xinjiang Sailing Information Technology Co Ltd (2012–2024)

The table below shows the annual net assets of Xinjiang Sailing Information Technology Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥320.03 Million -16.75%
2023-12-31 CN¥384.44 Million -8.49%
2022-12-31 CN¥420.09 Million -12.97%
2021-12-31 CN¥482.68 Million +71.76%
2020-12-31 CN¥281.02 Million -32.76%
2019-12-31 CN¥417.95 Million +5.98%
2018-12-31 CN¥394.38 Million +3.71%
2017-12-31 CN¥380.25 Million +24.80%
2016-12-31 CN¥304.69 Million +76.93%
2015-12-31 CN¥172.21 Million +17.40%
2014-12-31 CN¥146.69 Million +20.09%
2013-12-31 CN¥122.15 Million +6.02%
2012-12-31 CN¥115.22 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Sailing Information 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 628.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CN¥512.68 Million 160.20%
Total Equity CN¥320.03 Million 100.00%

Xinjiang Sailing Information Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Xinjiang Sailing Information Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinjiang Sailing Information Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 384,442,515 to 320,030,826, a change of -64,411,689 (-16.8%).
  • Net loss of 60,552,546 reduced equity.
  • Dividend payments of 140,093 reduced retained earnings.
  • Other factors decreased equity by 3,719,050.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-60.55 Million -18.92%
Dividends Paid CN¥140.09K -0.04%
Other Changes CN¥-3.72 Million -1.16%
Total Change CN¥- -16.75%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Sailing Information 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: 15.46x
  • 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 10.87x to 15.46x 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¥2.38 CN¥25.84 x
2018-12-31 CN¥2.42 CN¥25.84 x
2019-12-31 CN¥2.56 CN¥25.84 x
2020-12-31 CN¥1.70 CN¥25.84 x
2021-12-31 CN¥2.49 CN¥25.84 x
2022-12-31 CN¥2.18 CN¥25.84 x
2023-12-31 CN¥2.01 CN¥25.84 x
2024-12-31 CN¥1.67 CN¥25.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Sailing Information 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): -18.92%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -37.21%
  • • Asset Turnover: 0.25x
  • • Equity Multiplier: 2.02x
  • Recent ROE (-18.92%) 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
2015 16.59% 7.04% 0.81x 2.90x CN¥11.29 Million
2016 14.04% 7.89% 0.78x 2.27x CN¥12.26 Million
2017 21.21% 10.11% 0.78x 2.68x CN¥42.64 Million
2018 5.69% 3.45% 0.60x 2.75x CN¥-16.99 Million
2019 2.14% 3.19% 0.30x 2.24x CN¥-32.83 Million
2020 -48.31% -50.19% 0.30x 3.25x CN¥-163.87 Million
2021 -17.70% -58.80% 0.15x 2.06x CN¥-133.73 Million
2022 -14.49% -34.05% 0.20x 2.09x CN¥-102.88 Million
2023 -10.44% -25.25% 0.21x 1.97x CN¥-78.60 Million
2024 -18.92% -37.21% 0.25x 2.02x CN¥-92.56 Million

Industry Comparison

This section compares Xinjiang Sailing Information Technology 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
Xinjiang Sailing Information Technology Co Ltd (300588) CN¥305.29 Million 16.59% 1.32x $415.10 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