SI-TECH Information Technology Co Ltd (300608) - Net Assets
Based on the latest financial reports, SI-TECH Information Technology Co Ltd (300608) has net assets worth CN¥1.35 Billion CNY (≈ $197.56 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.27 Billion ≈ $332.34 Million USD) and total liabilities (CN¥921.06 Million ≈ $134.78 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 financial resilience of SI-TECH Information Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.35 Billion |
| % of Total Assets | 59.45% |
| Annual Growth Rate | 20.55% |
| 5-Year Change | 79.84% |
| 10-Year Change | 375.13% |
| Growth Volatility | 23.46 |
SI-TECH Information Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how SI-TECH Information Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of SI-TECH Information Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for SI-TECH Information Technology Co Ltd (2012–2024)
The table below shows the annual net assets of SI-TECH Information Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see 300608 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.53 Billion ≈ $223.56 Million |
-4.79% |
| 2023-12-31 | CN¥1.60 Billion ≈ $234.79 Million |
+3.72% |
| 2022-12-31 | CN¥1.55 Billion ≈ $226.36 Million |
+62.56% |
| 2021-12-31 | CN¥951.61 Million ≈ $139.25 Million |
+12.02% |
| 2020-12-31 | CN¥849.49 Million ≈ $124.31 Million |
+9.03% |
| 2019-12-31 | CN¥779.10 Million ≈ $114.01 Million |
+8.43% |
| 2018-12-31 | CN¥718.52 Million ≈ $105.14 Million |
+9.92% |
| 2017-12-31 | CN¥653.64 Million ≈ $95.65 Million |
+76.08% |
| 2016-12-31 | CN¥371.22 Million ≈ $54.32 Million |
+15.45% |
| 2015-12-31 | CN¥321.54 Million ≈ $47.05 Million |
+14.85% |
| 2014-12-31 | CN¥279.95 Million ≈ $40.97 Million |
+39.02% |
| 2013-12-31 | CN¥201.38 Million ≈ $29.47 Million |
+24.18% |
| 2012-12-31 | CN¥162.16 Million ≈ $23.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SI-TECH 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 grown by 416.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥365.55 Million | 23.78% |
| Common Stock | CN¥331.22 Million | 21.55% |
| Other Comprehensive Income | CN¥112.66 Million | 7.33% |
| Other Components | CN¥727.72 Million | 47.34% |
| Total Equity | CN¥1.54 Billion | 100.00% |
SI-TECH Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of SI-TECH Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shore Bancshares Inc
NASDAQ:SHBI
|
$651.56 Million |
|
New East New Materials Co Ltd
SHG:603110
|
$651.64 Million |
|
Shandong Sinobioway Biomedicine Co Ltd
SHE:002581
|
$651.65 Million |
|
Udemy Inc
NASDAQ:UDMY
|
$651.67 Million |
|
Afya Ltd
NASDAQ:AFYA
|
$651.37 Million |
|
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S.
IS:EUPWR
|
$651.36 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA-R
|
$651.11 Million |
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$651.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SI-TECH Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,611,234,137 to 1,537,161,289, a change of -74,072,848 (-4.6%).
- Net loss of 51,108,477 reduced equity.
- Dividend payments of 24,827,211 reduced retained earnings.
- Share repurchases of 30,004,128 reduced equity.
- Other comprehensive income increased equity by 9,796,596.
- Other factors increased equity by 22,070,372.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-51.11 Million | -3.32% |
| Dividends Paid | CN¥24.83 Million | -1.62% |
| Share Repurchases | CN¥30.00 Million | -1.95% |
| Other Comprehensive Income | CN¥9.80 Million | +0.64% |
| Other Changes | CN¥22.07 Million | +1.44% |
| Total Change | CN¥- | -4.60% |
Book Value vs Market Value Analysis
This analysis compares SI-TECH 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: 2.87x
- 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 13.29x to 2.87x 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¥1.01 | CN¥13.44 | x |
| 2013-12-31 | CN¥1.27 | CN¥13.44 | x |
| 2014-12-31 | CN¥1.56 | CN¥13.44 | x |
| 2015-12-31 | CN¥1.75 | CN¥13.44 | x |
| 2016-12-31 | CN¥2.00 | CN¥13.44 | x |
| 2017-12-31 | CN¥2.77 | CN¥13.44 | x |
| 2018-12-31 | CN¥2.90 | CN¥13.44 | x |
| 2019-12-31 | CN¥3.18 | CN¥13.44 | x |
| 2020-12-31 | CN¥3.46 | CN¥13.44 | x |
| 2021-12-31 | CN¥3.79 | CN¥13.44 | x |
| 2022-12-31 | CN¥6.17 | CN¥13.44 | x |
| 2023-12-31 | CN¥5.12 | CN¥13.44 | x |
| 2024-12-31 | CN¥4.69 | CN¥13.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SI-TECH 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): -3.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.86%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.54x
- Recent ROE (-3.32%) is below the historical average (9.56%), 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 | 9.21% | 3.06% | 1.04x | 2.90x | CN¥-1.28 Million |
| 2013 | 19.47% | 7.12% | 1.01x | 2.70x | CN¥19.08 Million |
| 2014 | 18.22% | 8.56% | 1.06x | 2.00x | CN¥23.02 Million |
| 2015 | 14.74% | 7.72% | 0.92x | 2.08x | CN¥15.25 Million |
| 2016 | 14.94% | 8.09% | 0.92x | 2.00x | CN¥18.34 Million |
| 2017 | 10.04% | 8.84% | 0.77x | 1.48x | CN¥287.72K |
| 2018 | 11.94% | 10.83% | 0.66x | 1.67x | CN¥13.84 Million |
| 2019 | 11.70% | 10.59% | 0.53x | 2.07x | CN¥13.22 Million |
| 2020 | 8.33% | 9.59% | 0.43x | 2.04x | CN¥-14.21 Million |
| 2021 | 6.50% | 6.85% | 0.50x | 1.90x | CN¥-33.37 Million |
| 2022 | 1.11% | 2.07% | 0.33x | 1.63x | CN¥-137.93 Million |
| 2023 | 1.37% | 2.53% | 0.35x | 1.55x | CN¥-139.10 Million |
| 2024 | -3.32% | -5.86% | 0.37x | 1.54x | CN¥-204.82 Million |
Industry Comparison
This section compares SI-TECH Information 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: $2,085,455,954
- Average return on equity (ROE) among peers: 13.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SI-TECH Information Technology Co Ltd (300608) | CN¥1.35 Billion | 9.21% | 0.68x | $651.45 Million |
| Digital China Group Co Ltd (000034) | $9.26 Billion | 12.65% | 3.85x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $696.79 Million | 0.52% | 1.27x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $2.77 Billion | 4.17% | 2.67x | $826.70 Million |
| Guomai Technologies Inc (002093) | $3.38 Billion | 2.39% | 0.20x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.79 Billion | 6.56% | 1.52x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $401.27 Million | 16.41% | 0.60x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $108.06 Million | 30.46% | 0.45x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $147.38 Million | 38.68% | 3.31x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.68 Billion | 7.58% | 0.71x | $771.75 Million |
About SI-TECH Information Technology Co Ltd
Beijing Si-Tech Information Technology Co., Ltd. engages in information and communication technology infrastructure and software products, and industry solutions and service providers in China. It offers telecom core business support, cloud-native, big data service and IoT overall support solutions. The company also provides end-to-end solutions for government and enterprise businesses; smart sto… Read more