Chengdu Information Technology of Chinese Academy of Sciences Co Ltd (300678) - Net Assets
Based on the latest financial reports, Chengdu Information Technology of Chinese Academy of Sciences Co Ltd (300678) has net assets worth CN¥849.23 Million CNY (≈ $124.27 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¥1.27 Billion ≈ $186.14 Million USD) and total liabilities (CN¥422.82 Million ≈ $61.87 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 300678 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥849.23 Million |
| % of Total Assets | 66.76% |
| Annual Growth Rate | 13.81% |
| 5-Year Change | 39.4% |
| 10-Year Change | 181.61% |
| Growth Volatility | 17.71 |
Chengdu Information Technology of Chinese Academy of Sciences Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Chengdu Information Technology of Chinese Academy of Sciences Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Chengdu Information Technology of Chines's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Chengdu Information Technology of Chinese Academy of Sciences Co Ltd (2011–2024)
The table below shows the annual net assets of Chengdu Information Technology of Chinese Academy of Sciences Co Ltd from 2011 to 2024. For live valuation and market cap data, see Chengdu Information Technology of Chines stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥859.78 Million ≈ $125.81 Million |
-0.55% |
| 2023-12-31 | CN¥864.57 Million ≈ $126.51 Million |
+3.59% |
| 2022-12-31 | CN¥834.64 Million ≈ $122.13 Million |
+31.62% |
| 2021-12-31 | CN¥634.14 Million ≈ $92.79 Million |
+2.82% |
| 2020-12-31 | CN¥616.75 Million ≈ $90.25 Million |
+4.02% |
| 2019-12-31 | CN¥592.94 Million ≈ $86.77 Million |
+4.75% |
| 2018-12-31 | CN¥566.06 Million ≈ $82.83 Million |
+7.87% |
| 2017-12-31 | CN¥524.77 Million ≈ $76.79 Million |
+57.03% |
| 2016-12-31 | CN¥334.18 Million ≈ $48.90 Million |
+9.46% |
| 2015-12-31 | CN¥305.30 Million ≈ $44.68 Million |
+12.85% |
| 2014-12-31 | CN¥270.54 Million ≈ $39.59 Million |
+13.57% |
| 2013-12-31 | CN¥238.21 Million ≈ $34.86 Million |
+1.38% |
| 2012-12-31 | CN¥234.96 Million ≈ $34.38 Million |
+46.89% |
| 2011-12-31 | CN¥159.96 Million ≈ $23.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chengdu Information Technology of Chinese Academy of Sciences 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 278.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥323.14 Million | 37.73% |
| Common Stock | CN¥296.39 Million | 34.60% |
| Other Components | CN¥237.00 Million | 27.67% |
| Total Equity | CN¥856.52 Million | 100.00% |
Chengdu Information Technology of Chinese Academy of Sciences Co Ltd Competitors by Market Cap
The table below lists competitors of Chengdu Information Technology of Chinese Academy of Sciences Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corbion NV
AS:CRBN
|
$1.24 Billion |
|
Playtika Holding Corp
NASDAQ:PLTK
|
$1.24 Billion |
|
Ambea AB
ST:AMBEA
|
$1.24 Billion |
|
Superloop Ltd
AU:SLC
|
$1.24 Billion |
|
Everi Holdings Inc
NYSE:EVRI
|
$1.24 Billion |
|
PCBL LIMITED
NSE:PCBL
|
$1.24 Billion |
|
Gansu Yasheng Industrial Group Co Ltd
SHG:600108
|
$1.24 Billion |
|
Gempharmatech Co. Ltd. A
SHG:688046
|
$1.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Information Technology of Chinese Academy of Sciences Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 864,104,220 to 856,524,656, a change of -7,579,564 (-0.9%).
- Net income of 9,577,681 contributed positively to equity growth.
- Dividend payments of 14,968,078 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.58 Million | +1.12% |
| Dividends Paid | CN¥14.97 Million | -1.75% |
| Other Changes | CN¥-2.19 Million | -0.26% |
| Total Change | CN¥- | -0.88% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Information Technology of Chinese Academy of Sciences 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: 9.87x
- 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 36.50x to 9.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.78 | CN¥28.52 | x |
| 2012-12-31 | CN¥1.16 | CN¥28.52 | x |
| 2013-12-31 | CN¥1.18 | CN¥28.52 | x |
| 2014-12-31 | CN¥1.33 | CN¥28.52 | x |
| 2015-12-31 | CN¥1.50 | CN¥28.52 | x |
| 2016-12-31 | CN¥1.65 | CN¥28.52 | x |
| 2017-12-31 | CN¥2.28 | CN¥28.52 | x |
| 2018-12-31 | CN¥2.10 | CN¥28.52 | x |
| 2019-12-31 | CN¥2.20 | CN¥28.52 | x |
| 2020-12-31 | CN¥2.28 | CN¥28.52 | x |
| 2021-12-31 | CN¥2.24 | CN¥28.52 | x |
| 2022-12-31 | CN¥2.82 | CN¥28.52 | x |
| 2023-12-31 | CN¥2.92 | CN¥28.52 | x |
| 2024-12-31 | CN¥2.89 | CN¥28.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Information Technology of Chinese Academy of Sciences 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): 1.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.89%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.39x
- Recent ROE (1.12%) is below the historical average (9.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 13.76% | 16.18% | 0.46x | 1.83x | CN¥5.95 Million |
| 2012 | 12.61% | 19.37% | 0.39x | 1.66x | CN¥6.13 Million |
| 2013 | 16.82% | 19.85% | 0.46x | 1.86x | CN¥16.26 Million |
| 2014 | 14.94% | 16.64% | 0.53x | 1.69x | CN¥13.34 Million |
| 2015 | 13.32% | 15.10% | 0.59x | 1.50x | CN¥10.11 Million |
| 2016 | 11.60% | 15.88% | 0.54x | 1.36x | CN¥5.35 Million |
| 2017 | 8.10% | 14.63% | 0.42x | 1.31x | CN¥-9.95 Million |
| 2018 | 8.26% | 13.59% | 0.47x | 1.29x | CN¥-9.86 Million |
| 2019 | 5.95% | 9.68% | 0.42x | 1.45x | CN¥-24.00 Million |
| 2020 | 8.56% | 10.54% | 0.58x | 1.41x | CN¥-8.86 Million |
| 2021 | 6.80% | 8.70% | 0.50x | 1.56x | CN¥-20.25 Million |
| 2022 | 6.01% | 9.05% | 0.47x | 1.41x | CN¥-33.31 Million |
| 2023 | 4.45% | 6.50% | 0.47x | 1.46x | CN¥-47.95 Million |
| 2024 | 1.12% | 1.89% | 0.43x | 1.39x | CN¥-76.07 Million |
Industry Comparison
This section compares Chengdu Information Technology of Chinese Academy of Sciences Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,951,687,202
- Average return on equity (ROE) among peers: -0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Information Technology of Chinese Academy of Sciences Co Ltd (300678) | CN¥849.23 Million | 13.76% | 0.50x | $1.24 Billion |
| Digital China Information Service Co Ltd (000555) | $54.46 Million | -79.56% | 3.15x | $1.96 Billion |
| Fujian Newland Computer Co Ltd (000997) | $2.53 Billion | 18.26% | 1.48x | $2.95 Billion |
| YGSOFT Inc (002063) | $2.77 Billion | 9.50% | 0.13x | $1.76 Billion |
| Dhc Software Co Ltd (002065) | $2.27 Billion | 18.56% | 0.48x | $3.86 Billion |
| Zhejiang Netsun Co Ltd (002095) | $494.50 Million | 6.66% | 0.20x | $597.98 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $2.29 Billion | 3.31% | 0.92x | $1.12 Billion |
| Beijing Shiji Information Technology Co Ltd (002153) | $905.80 Million | 23.61% | 0.18x | $4.03 Billion |
| Shanghai 2345 Network Holding Group (002195) | $9.15 Billion | -9.99% | 0.08x | $7.14 Billion |
| Iflytek Co Ltd (002230) | $17.73 Billion | 3.71% | 1.13x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.33 Billion | 3.04% | 0.59x | $1.06 Billion |
About Chengdu Information Technology of Chinese Academy of Sciences Co Ltd
Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd provides information solutions, intelligent engineering, and related products and technical services to tobacco, banknote printing, and detection, oil and gas, government and other industries. The company offers a digital conference system, which includes electoral, voting, register, CPPCC, and other conference systems. It also… Read more