Longshine Technology Co Ltd (300682) - Net Assets
Based on the latest financial reports, Longshine Technology Co Ltd (300682) has net assets worth CN¥6.44 Billion CNY (≈ $942.54 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¥8.73 Billion ≈ $1.28 Billion USD) and total liabilities (CN¥2.29 Billion ≈ $335.18 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 300682 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.44 Billion |
| % of Total Assets | 73.77% |
| Annual Growth Rate | 40.01% |
| 5-Year Change | 17.3% |
| 10-Year Change | 817.54% |
| Growth Volatility | 71.76 |
Longshine Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Longshine Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Longshine Technology Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Longshine Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Longshine Technology Co Ltd from 2011 to 2024. For live valuation and market cap data, see 300682 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.55 Billion ≈ $958.61 Million |
-14.22% |
| 2023-12-31 | CN¥7.64 Billion ≈ $1.12 Billion |
+10.26% |
| 2022-12-31 | CN¥6.93 Billion ≈ $1.01 Billion |
+6.13% |
| 2021-12-31 | CN¥6.53 Billion ≈ $954.97 Million |
+16.85% |
| 2020-12-31 | CN¥5.58 Billion ≈ $817.25 Million |
+17.81% |
| 2019-12-31 | CN¥4.74 Billion ≈ $693.73 Million |
+249.78% |
| 2018-12-31 | CN¥1.36 Billion ≈ $198.33 Million |
+15.74% |
| 2017-12-31 | CN¥1.17 Billion ≈ $171.36 Million |
+44.64% |
| 2016-12-31 | CN¥809.60 Million ≈ $118.47 Million |
+13.39% |
| 2015-12-31 | CN¥713.97 Million ≈ $104.48 Million |
+2.62% |
| 2014-12-31 | CN¥695.78 Million ≈ $101.81 Million |
+69.98% |
| 2013-12-31 | CN¥409.34 Million ≈ $59.90 Million |
+100.10% |
| 2012-12-31 | CN¥204.56 Million ≈ $29.93 Million |
+148.18% |
| 2011-12-31 | CN¥82.43 Million ≈ $12.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Longshine 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 25737.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.99 Billion | 43.86% |
| Common Stock | CN¥1.09 Billion | 15.92% |
| Other Components | CN¥2.74 Billion | 40.22% |
| Total Equity | CN¥6.82 Billion | 100.00% |
Longshine Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Longshine Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
$2.15 Billion |
|
Xizi Clean Energy Equipment Manufacturing Co Ltd
SHE:002534
|
$2.15 Billion |
|
Energa S.A.
WAR:ENG
|
$2.15 Billion |
|
Empresas Cablevisión S.A.B. de C.V
MX:CABLECPO
|
$2.15 Billion |
|
Ströer SE & Co. KGaA
F:SAX
|
$2.15 Billion |
|
Beijing Zhong Ke San Huan High-Tech Co Ltd
SHE:000970
|
$2.15 Billion |
|
HUTCHMED (China) Limited
F:H7T1
|
$2.15 Billion |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
$2.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Longshine Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,621,006,322 to 6,818,402,052, a change of -802,604,270 (-10.5%).
- Net loss of 250,277,336 reduced equity.
- Dividend payments of 319,509,423 reduced retained earnings.
- Share repurchases of 139,226,110 reduced equity.
- Other factors decreased equity by 93,591,401.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-250.28 Million | -3.67% |
| Dividends Paid | CN¥319.51 Million | -4.69% |
| Share Repurchases | CN¥139.23 Million | -2.04% |
| Other Changes | CN¥-93.59 Million | -1.37% |
| Total Change | CN¥- | -10.53% |
Book Value vs Market Value Analysis
This analysis compares Longshine 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: 2.18x
- 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 20.15x to 2.18x 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¥0.68 | CN¥13.64 | x |
| 2012-12-31 | CN¥1.56 | CN¥13.64 | x |
| 2013-12-31 | CN¥1.69 | CN¥13.64 | x |
| 2014-12-31 | CN¥1.32 | CN¥13.64 | x |
| 2015-12-31 | CN¥1.33 | CN¥13.64 | x |
| 2016-12-31 | CN¥1.50 | CN¥13.64 | x |
| 2017-12-31 | CN¥2.06 | CN¥13.64 | x |
| 2018-12-31 | CN¥1.95 | CN¥13.64 | x |
| 2019-12-31 | CN¥4.55 | CN¥13.64 | x |
| 2020-12-31 | CN¥5.48 | CN¥13.64 | x |
| 2021-12-31 | CN¥6.13 | CN¥13.64 | x |
| 2022-12-31 | CN¥6.49 | CN¥13.64 | x |
| 2023-12-31 | CN¥7.07 | CN¥13.64 | x |
| 2024-12-31 | CN¥6.27 | CN¥13.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Longshine 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): -3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.59%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.44x
- Recent ROE (-3.67%) is below the historical average (13.26%), 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 | 24.59% | 8.16% | 1.32x | 2.28x | CN¥12.02 Million |
| 2012 | 25.88% | 13.74% | 1.14x | 1.65x | CN¥32.48 Million |
| 2013 | 6.20% | 5.04% | 0.86x | 1.43x | CN¥-15.57 Million |
| 2014 | 18.23% | 22.41% | 0.58x | 1.39x | CN¥57.23 Million |
| 2015 | 10.04% | 11.61% | 0.64x | 1.35x | CN¥316.22K |
| 2016 | 15.08% | 16.29% | 0.67x | 1.37x | CN¥41.13 Million |
| 2017 | 12.01% | 17.77% | 0.48x | 1.42x | CN¥23.31 Million |
| 2018 | 13.78% | 7.01% | 1.26x | 1.56x | CN¥51.36 Million |
| 2019 | 21.99% | 34.37% | 0.50x | 1.28x | CN¥556.27 Million |
| 2020 | 12.77% | 20.88% | 0.44x | 1.40x | CN¥153.56 Million |
| 2021 | 13.22% | 18.25% | 0.52x | 1.38x | CN¥206.29 Million |
| 2022 | 7.55% | 11.30% | 0.47x | 1.44x | CN¥-166.99 Million |
| 2023 | 7.92% | 12.78% | 0.47x | 1.31x | CN¥-158.16 Million |
| 2024 | -3.67% | -5.59% | 0.46x | 1.44x | CN¥-932.12 Million |
Industry Comparison
This section compares Longshine 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: $2,574,625,840
- Average return on equity (ROE) among peers: 9.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Longshine Technology Co Ltd (300682) | CN¥6.44 Billion | 24.59% | 0.36x | $2.15 Billion |
| Digital China Information Service Co Ltd (000555) | $139.31 Million | -4.65% | 0.18x | $1.96 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.43 Billion | 7.07% | 0.84x | $2.95 Billion |
| YGSOFT Inc (002063) | $1.66 Billion | 20.55% | 0.10x | $1.76 Billion |
| Dhc Software Co Ltd (002065) | $1.57 Billion | 20.17% | 0.51x | $3.86 Billion |
| Zhejiang Netsun Co Ltd (002095) | $350.09 Million | 12.04% | 0.13x | $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) | $1.33 Billion | 22.18% | 0.15x | $4.03 Billion |
| Shanghai 2345 Network Holding Group (002195) | $9.41 Billion | 2.25% | 0.05x | $7.14 Billion |
| Iflytek Co Ltd (002230) | $1.19 Billion | 11.18% | 0.21x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.38 Billion | 5.29% | 0.61x | $1.06 Billion |
About Longshine Technology Co Ltd
Longshine Technology Group Co., Ltd. operates technology company in China. The company offers living payment platform, an easy-to-operate daily living payment and service experiences, including running water, electric power charge, gas, community property management and broadcasting, and TV broadband fee payment for various people, traditional public utilities, and enterprises; OTTTV solution, a … Read more