Winner Information Technology Co Inc (300609) - Net Assets
Based on the latest financial reports, Winner Information Technology Co Inc (300609) has net assets worth CN¥964.69 Million CNY (≈ $141.17 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¥1.25 Billion ≈ $183.14 Million USD) and total liabilities (CN¥286.87 Million ≈ $41.98 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 Winner Information Technology Co Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥964.69 Million |
| % of Total Assets | 77.08% |
| Annual Growth Rate | 18.22% |
| 5-Year Change | -13.64% |
| 10-Year Change | 285.93% |
| Growth Volatility | 29.31 |
Winner Information Technology Co Inc - Net Assets Trend (2012–2025)
This chart illustrates how Winner Information Technology Co Inc's net assets have evolved over time, based on quarterly financial data. See 300609 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Winner Information Technology Co Inc (2012–2025)
The table below shows the annual net assets of Winner Information Technology Co Inc from 2012 to 2025. For live valuation and market cap data, see 300609 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥986.28 Million ≈ $144.32 Million |
-9.35% |
| 2024-12-31 | CN¥1.09 Billion ≈ $159.21 Million |
-5.36% |
| 2023-12-31 | CN¥1.15 Billion ≈ $168.24 Million |
+6.07% |
| 2022-12-31 | CN¥1.08 Billion ≈ $158.61 Million |
-5.10% |
| 2021-12-31 | CN¥1.14 Billion ≈ $167.13 Million |
+1.57% |
| 2020-12-31 | CN¥1.12 Billion ≈ $164.54 Million |
+84.76% |
| 2019-12-31 | CN¥608.59 Million ≈ $89.06 Million |
+15.38% |
| 2018-12-31 | CN¥527.46 Million ≈ $77.18 Million |
+11.71% |
| 2017-12-31 | CN¥472.19 Million ≈ $69.10 Million |
+84.76% |
| 2016-12-31 | CN¥255.56 Million ≈ $37.40 Million |
+23.30% |
| 2015-12-31 | CN¥207.26 Million ≈ $30.33 Million |
+21.47% |
| 2014-12-31 | CN¥170.63 Million ≈ $24.97 Million |
+23.31% |
| 2013-12-31 | CN¥138.37 Million ≈ $20.25 Million |
+23.64% |
| 2012-12-31 | CN¥111.92 Million ≈ $16.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Winner Information Technology Co Inc'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 192.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥961.89 Million | 102.55% |
| Total Equity | CN¥937.98 Million | 100.00% |
Winner Information Technology Co Inc Competitors by Market Cap
The table below lists competitors of Winner Information Technology Co Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
$593.09 Million |
|
Adlai Nortye Ltd. American Depositary Shares
NASDAQ:ANL
|
$593.22 Million |
|
Saimo Electric Co Ltd
SHE:300466
|
$593.22 Million |
|
Zhejiang Jindao Technology Co. Ltd.
SHE:301279
|
$593.33 Million |
|
BRASKEM PFD ADR/2 O.N.
F:BRD
|
$593.02 Million |
|
Yiwu Huading Nylon Co Ltd
SHG:601113
|
$592.97 Million |
|
Changshu Automotive Trim Co
SHG:603035
|
$592.91 Million |
|
Flytech Technology Co Ltd
TW:6206
|
$592.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winner Information Technology Co Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,028,431,606 to 937,978,617, a change of -90,452,989 (-8.8%).
- Net loss of 83,457,220 reduced equity.
- Dividend payments of 1,122,125 reduced retained earnings.
- Other comprehensive income decreased equity by 46,897,969.
- Other factors increased equity by 41,024,325.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-83.46 Million | -8.9% |
| Dividends Paid | CN¥1.12 Million | -0.12% |
| Other Comprehensive Income | CN¥-46.90 Million | -5.0% |
| Other Changes | CN¥41.02 Million | +4.37% |
| Total Change | CN¥- | -8.80% |
Book Value vs Market Value Analysis
This analysis compares Winner Information Technology Co Inc'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: 4.32x
- 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 20.91x to 4.32x 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¥1.61 | CN¥33.74 | x |
| 2013-12-31 | CN¥1.83 | CN¥33.74 | x |
| 2014-12-31 | CN¥2.27 | CN¥33.74 | x |
| 2015-12-31 | CN¥2.79 | CN¥33.74 | x |
| 2016-12-31 | CN¥3.41 | CN¥33.74 | x |
| 2017-12-31 | CN¥4.95 | CN¥33.74 | x |
| 2018-12-31 | CN¥5.17 | CN¥33.74 | x |
| 2019-12-31 | CN¥5.77 | CN¥33.74 | x |
| 2020-12-31 | CN¥9.65 | CN¥33.74 | x |
| 2021-12-31 | CN¥9.04 | CN¥33.74 | x |
| 2022-12-31 | CN¥8.59 | CN¥33.74 | x |
| 2023-12-31 | CN¥8.90 | CN¥33.74 | x |
| 2024-12-31 | CN¥8.51 | CN¥33.74 | x |
| 2025-12-31 | CN¥7.81 | CN¥33.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winner Information Technology Co Inc 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): -8.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.17%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.39x
- Recent ROE (-8.90%) is below the historical average (8.05%), 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 | 16.73% | 30.08% | 0.48x | 1.15x | CN¥7.50 Million |
| 2013 | 19.11% | 30.76% | 0.53x | 1.17x | CN¥12.56 Million |
| 2014 | 18.97% | 28.54% | 0.56x | 1.20x | CN¥15.25 Million |
| 2015 | 17.93% | 27.52% | 0.57x | 1.15x | CN¥16.43 Million |
| 2016 | 18.90% | 27.93% | 0.58x | 1.16x | CN¥22.75 Million |
| 2017 | 12.52% | 29.10% | 0.37x | 1.16x | CN¥11.88 Million |
| 2018 | 12.45% | 26.31% | 0.41x | 1.16x | CN¥12.90 Million |
| 2019 | 11.61% | 21.08% | 0.44x | 1.25x | CN¥9.51 Million |
| 2020 | -0.73% | -3.72% | 0.18x | 1.10x | CN¥-120.17 Million |
| 2021 | 3.21% | 9.15% | 0.29x | 1.22x | CN¥-75.12 Million |
| 2022 | -3.60% | -10.43% | 0.29x | 1.20x | CN¥-142.37 Million |
| 2023 | -3.13% | -9.04% | 0.27x | 1.28x | CN¥-142.88 Million |
| 2024 | -2.32% | -6.57% | 0.28x | 1.27x | CN¥-126.70 Million |
| 2025 | -8.90% | -27.17% | 0.24x | 1.39x | CN¥-177.26 Million |
Industry Comparison
This section compares Winner Information Technology Co Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $4,025,217,489
- Average return on equity (ROE) among peers: 13.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winner Information Technology Co Inc (300609) | CN¥964.69 Million | 16.73% | 0.30x | $593.03 Million |
| Digital China Information Service Co Ltd (000555) | $3.30 Billion | 10.62% | 1.23x | $1.61 Billion |
| Fujian Newland Computer Co Ltd (000997) | $654.33 Million | 6.35% | 0.51x | $2.63 Billion |
| YGSOFT Inc (002063) | $1.72 Billion | 7.06% | 0.19x | $1.47 Billion |
| Dhc Software Co Ltd (002065) | $145.16 Million | 27.99% | 1.22x | $3.43 Billion |
| Zhejiang Netsun Co Ltd (002095) | $48.97 Million | 27.57% | 0.69x | $492.96 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $112.46 Million | 31.50% | 0.93x | $913.40 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $5.40 Billion | 7.76% | 0.26x | $3.07 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.26 Billion | 0.32% | 0.02x | $5.91 Billion |
| Iflytek Co Ltd (002230) | $17.34 Billion | 8.98% | 0.81x | $14.98 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.28 Billion | 7.10% | 0.51x | $891.37 Million |
About Winner Information Technology Co Inc
Winner Technology Co., Inc. provides artificial intelligence (AI) and big data application solutions. The company offers digital marketplace solutions comprising AI customer flow solutions, big data service solutions for shopping malls, AI-powered indoor navigation systems, and metaverse construction operations programs; and digital store solutions, such as Smart Stores AI customer flow solutions… Read more