Leon Technology Co Ltd (300603) - Net Assets
Based on the latest financial reports, Leon Technology Co Ltd (300603) has net assets worth CN¥1.26 Billion CNY (≈ $184.57 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¥2.07 Billion ≈ $302.83 Million USD) and total liabilities (CN¥808.12 Million ≈ $118.25 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. Check tangible equity quality of Leon Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.26 Billion |
| % of Total Assets | 60.95% |
| Annual Growth Rate | 17.82% |
| 5-Year Change | 39.55% |
| 10-Year Change | 382.9% |
| Growth Volatility | 119.72 |
Leon Technology Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Leon Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300603 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Leon Technology Co Ltd (2012–2025)
The table below shows the annual net assets of Leon Technology Co Ltd from 2012 to 2025. For live valuation and market cap data, see 300603 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.29 Billion ≈ $189.08 Million |
-11.73% |
| 2024-12-31 | CN¥1.46 Billion ≈ $214.21 Million |
-0.13% |
| 2023-12-31 | CN¥1.47 Billion ≈ $214.49 Million |
+152.28% |
| 2022-12-31 | CN¥581.02 Million ≈ $85.02 Million |
-37.25% |
| 2021-12-31 | CN¥925.94 Million ≈ $135.49 Million |
-38.87% |
| 2020-12-31 | CN¥1.51 Billion ≈ $221.64 Million |
-36.91% |
| 2019-12-31 | CN¥2.40 Billion ≈ $351.31 Million |
+424.10% |
| 2018-12-31 | CN¥458.08 Million ≈ $67.03 Million |
+7.26% |
| 2017-12-31 | CN¥427.09 Million ≈ $62.50 Million |
+59.61% |
| 2016-12-31 | CN¥267.58 Million ≈ $39.15 Million |
+15.28% |
| 2015-12-31 | CN¥232.10 Million ≈ $33.96 Million |
+12.61% |
| 2014-12-31 | CN¥206.11 Million ≈ $30.16 Million |
+8.72% |
| 2013-12-31 | CN¥189.58 Million ≈ $27.74 Million |
+23.63% |
| 2012-12-31 | CN¥153.34 Million ≈ $22.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Leon 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 38929.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.95 Billion | 228.16% |
| Total Equity | CN¥1.29 Billion | 100.00% |
Leon Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Leon Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Deren Electronic Co Ltd
SHE:002055
|
$589.12 Million |
|
Kunshan Asia Aroma Corp. Ltd.
SHE:301220
|
$589.12 Million |
|
Vatti Corp Ltd
SHE:002035
|
$589.18 Million |
|
P10 Inc
NYSE:PX
|
$589.41 Million |
|
Gladstone Investment Corporation
NASDAQ:GAIN
|
$588.57 Million |
|
Bioventus Inc
NASDAQ:BVS
|
$588.05 Million |
|
Danske Andelskassers Bank A/S
CO:DAB
|
$588.04 Million |
|
Yunnan Coal & Energy Co Ltd
SHG:600792
|
$587.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leon Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,463,854,184 to 1,292,096,556, a change of -171,757,628 (-11.7%).
- Net loss of 171,408,876 reduced equity.
- Dividend payments of 5,320,031 reduced retained earnings.
- Other comprehensive income decreased equity by 61,384,898.
- Other factors increased equity by 66,356,177.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-171.41 Million | -13.27% |
| Dividends Paid | CN¥5.32 Million | -0.41% |
| Other Comprehensive Income | CN¥-61.38 Million | -4.75% |
| Other Changes | CN¥66.36 Million | +5.14% |
| Total Change | CN¥- | -11.73% |
Book Value vs Market Value Analysis
This analysis compares Leon 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: 3.12x
- 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 decreased from 11.23x to 3.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.77 | CN¥8.66 | x |
| 2013-12-31 | CN¥0.98 | CN¥8.66 | x |
| 2014-12-31 | CN¥1.03 | CN¥8.66 | x |
| 2015-12-31 | CN¥1.19 | CN¥8.66 | x |
| 2016-12-31 | CN¥1.36 | CN¥8.66 | x |
| 2017-12-31 | CN¥1.67 | CN¥8.66 | x |
| 2018-12-31 | CN¥1.40 | CN¥8.66 | x |
| 2019-12-31 | CN¥5.90 | CN¥8.66 | x |
| 2020-12-31 | CN¥3.58 | CN¥8.66 | x |
| 2021-12-31 | CN¥2.20 | CN¥8.66 | x |
| 2022-12-31 | CN¥1.56 | CN¥8.66 | x |
| 2023-12-31 | CN¥3.23 | CN¥8.66 | x |
| 2024-12-31 | CN¥3.18 | CN¥8.66 | x |
| 2025-12-31 | CN¥2.78 | CN¥8.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leon 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): -13.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.48%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.64x
- Recent ROE (-13.27%) is below the historical average (-6.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 15.77% | 8.70% | 0.97x | 1.87x | CN¥8.85 Million |
| 2013 | 19.26% | 11.95% | 0.69x | 2.33x | CN¥17.55 Million |
| 2014 | 7.98% | 6.61% | 0.63x | 1.92x | CN¥-4.16 Million |
| 2015 | 11.20% | 9.36% | 0.61x | 1.96x | CN¥2.78 Million |
| 2016 | 13.26% | 9.78% | 0.59x | 2.29x | CN¥8.72 Million |
| 2017 | 18.82% | 8.26% | 0.70x | 3.24x | CN¥37.66 Million |
| 2018 | 9.03% | 6.18% | 0.48x | 3.03x | CN¥-4.45 Million |
| 2019 | 5.08% | 8.83% | 0.37x | 1.54x | CN¥-118.06 Million |
| 2020 | -61.66% | -90.74% | 0.37x | 1.81x | CN¥-1.06 Billion |
| 2021 | -61.48% | -56.53% | 0.43x | 2.53x | CN¥-636.08 Million |
| 2022 | -58.25% | -43.29% | 0.44x | 3.09x | CN¥-383.80 Million |
| 2023 | 0.52% | 1.03% | 0.31x | 1.61x | CN¥-137.06 Million |
| 2024 | 1.77% | 3.28% | 0.37x | 1.47x | CN¥-120.52 Million |
| 2025 | -13.27% | -23.48% | 0.34x | 1.64x | CN¥-300.62 Million |
Industry Comparison
This section compares Leon Technology Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,287,784,802
- Average return on equity (ROE) among peers: 10.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leon Technology Co Ltd (300603) | CN¥1.26 Billion | 15.77% | 0.64x | $589.01 Million |
| Digital China Group Co Ltd (000034) | $106.09 Million | 15.80% | 2.57x | $2.82 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.25 Billion | 6.83% | 0.51x | $550.78 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $581.96 Million | 5.63% | 1.59x | $717.16 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $1.02 Billion |
| Shanghai HiTech Control System (002184) | $157.63 Million | 23.72% | 1.02x | $535.55 Million |
| SZZT Electronics Co Ltd (002197) | $2.77 Billion | 1.96% | 0.71x | $560.98 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.63 Billion |
| Westone Information Industry Inc (002268) | $1.28 Billion | 9.30% | 0.50x | $1.64 Billion |
| Taiji Computer Corp Ltd (002368) | $1.88 Billion | 9.40% | 1.05x | $1.55 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.14 Billion | 16.98% | 2.15x | $706.48 Million |
About Leon Technology Co Ltd
Leon Technology Co., Ltd. provides information and communication technology services in China. It offers data center and cloud computing services, including broadband and data center solutions to government, Internet, games, e-commerce, and medical service industries. The company also engages in the research, development, program design, system integration, system operation and maintenance, and d… Read more