Zhengzhou J and T Hi Tech Co (300845) - Net Assets
Based on the latest financial reports, Zhengzhou J and T Hi Tech Co (300845) has net assets worth CN¥801.68 Million CNY (≈ $117.31 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¥996.92 Million ≈ $145.88 Million USD) and total liabilities (CN¥195.24 Million ≈ $28.57 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 300845 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥801.68 Million |
| % of Total Assets | 80.42% |
| Annual Growth Rate | 36.67% |
| 5-Year Change | 8.76% |
| 10-Year Change | 771.37% |
| Growth Volatility | 44.74 |
Zhengzhou J and T Hi Tech Co - Net Assets Trend (2011–2024)
This chart illustrates how Zhengzhou J and T Hi Tech Co's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Zhengzhou J and T Hi Tech Co for the complete picture of this company's asset base.
Annual Net Assets for Zhengzhou J and T Hi Tech Co (2011–2024)
The table below shows the annual net assets of Zhengzhou J and T Hi Tech Co from 2011 to 2024. For live valuation and market cap data, see Zhengzhou J and T Hi Tech Co stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥838.57 Million ≈ $122.71 Million |
+2.27% |
| 2023-12-31 | CN¥819.93 Million ≈ $119.98 Million |
+5.84% |
| 2022-12-31 | CN¥774.67 Million ≈ $113.36 Million |
+3.13% |
| 2021-12-31 | CN¥751.13 Million ≈ $109.91 Million |
-2.58% |
| 2020-12-31 | CN¥771.03 Million ≈ $112.83 Million |
+112.25% |
| 2019-12-31 | CN¥363.27 Million ≈ $53.16 Million |
+19.78% |
| 2018-12-31 | CN¥303.28 Million ≈ $44.38 Million |
+46.33% |
| 2017-12-31 | CN¥207.25 Million ≈ $30.33 Million |
+24.35% |
| 2016-12-31 | CN¥166.67 Million ≈ $24.39 Million |
+73.19% |
| 2015-12-31 | CN¥96.24 Million ≈ $14.08 Million |
+154.10% |
| 2014-12-31 | CN¥37.87 Million ≈ $5.54 Million |
+52.49% |
| 2013-12-31 | CN¥24.84 Million ≈ $3.63 Million |
+31.75% |
| 2012-12-31 | CN¥18.85 Million ≈ $2.76 Million |
+30.62% |
| 2011-12-31 | CN¥14.43 Million ≈ $2.11 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhengzhou J and T Hi Tech Co'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 14406.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥284.48 Million | 34.05% |
| Common Stock | CN¥145.89 Million | 17.46% |
| Other Comprehensive Income | CN¥57.33 Million | 6.86% |
| Other Components | CN¥347.86 Million | 41.63% |
| Total Equity | CN¥835.56 Million | 100.00% |
Zhengzhou J and T Hi Tech Co Competitors by Market Cap
The table below lists competitors of Zhengzhou J and T Hi Tech Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHELF DRILLING LTD
F:6SD
|
$413.20 Million |
|
Sunlour Pigment CO.LTD.
SHE:301036
|
$413.24 Million |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
$413.32 Million |
|
National Fertilizers Limited
NSE:NFL
|
$413.35 Million |
|
Zumiez Inc
NASDAQ:ZUMZ
|
$413.06 Million |
|
Metrics Income Opportunities Trust
AU:MOT
|
$413.03 Million |
|
Trusval Technology Co Ltd
TWO:6667
|
$412.98 Million |
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
$412.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhengzhou J and T Hi Tech Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 817,888,713 to 835,564,515, a change of 17,675,802 (2.2%).
- Net income of 54,932,477 contributed positively to equity growth.
- Dividend payments of 27,589,296 reduced retained earnings.
- Share repurchases of 20,098,595 reduced equity.
- Other comprehensive income increased equity by 6,734,039.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥54.93 Million | +6.57% |
| Dividends Paid | CN¥27.59 Million | -3.3% |
| Share Repurchases | CN¥20.10 Million | -2.41% |
| Other Comprehensive Income | CN¥6.73 Million | +0.81% |
| Other Changes | CN¥3.70 Million | +0.44% |
| Total Change | CN¥- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Zhengzhou J and T Hi Tech Co'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: 2.38x
- 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 11.58x to 2.38x 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¥1.19 | CN¥13.73 | x |
| 2012-12-31 | CN¥1.32 | CN¥13.73 | x |
| 2013-12-31 | CN¥0.65 | CN¥13.73 | x |
| 2014-12-31 | CN¥0.71 | CN¥13.73 | x |
| 2015-12-31 | CN¥1.54 | CN¥13.73 | x |
| 2016-12-31 | CN¥2.29 | CN¥13.73 | x |
| 2017-12-31 | CN¥2.61 | CN¥13.73 | x |
| 2018-12-31 | CN¥3.73 | CN¥13.73 | x |
| 2019-12-31 | CN¥3.26 | CN¥13.73 | x |
| 2020-12-31 | CN¥6.94 | CN¥13.73 | x |
| 2021-12-31 | CN¥6.76 | CN¥13.73 | x |
| 2022-12-31 | CN¥6.97 | CN¥13.73 | x |
| 2023-12-31 | CN¥7.31 | CN¥13.73 | x |
| 2024-12-31 | CN¥5.78 | CN¥13.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhengzhou J and T Hi Tech Co 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): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.31%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.27x
- Recent ROE (6.57%) is below the historical average (17.26%), 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 | 17.58% | 12.65% | 0.87x | 1.60x | CN¥1.09 Million |
| 2012 | 23.44% | 18.12% | 0.83x | 1.56x | CN¥2.53 Million |
| 2013 | 24.10% | 15.91% | 0.66x | 2.30x | CN¥3.50 Million |
| 2014 | 36.31% | 25.26% | 0.62x | 2.32x | CN¥9.96 Million |
| 2015 | 20.04% | 21.95% | 0.58x | 1.57x | CN¥9.62 Million |
| 2016 | 17.50% | 18.19% | 0.63x | 1.54x | CN¥12.45 Million |
| 2017 | 24.22% | 22.98% | 0.72x | 1.46x | CN¥29.30 Million |
| 2018 | 24.14% | 27.05% | 0.66x | 1.35x | CN¥42.67 Million |
| 2019 | 22.25% | 25.52% | 0.64x | 1.36x | CN¥44.27 Million |
| 2020 | 8.80% | 23.67% | 0.30x | 1.22x | CN¥-9.24 Million |
| 2021 | 4.76% | 13.30% | 0.29x | 1.25x | CN¥-39.30 Million |
| 2022 | 5.79% | 14.86% | 0.30x | 1.28x | CN¥-32.53 Million |
| 2023 | 6.15% | 14.14% | 0.33x | 1.31x | CN¥-31.45 Million |
| 2024 | 6.57% | 14.31% | 0.36x | 1.27x | CN¥-28.62 Million |
Industry Comparison
This section compares Zhengzhou J and T Hi Tech Co'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 |
|---|---|---|---|---|
| Zhengzhou J and T Hi Tech Co (300845) | CN¥801.68 Million | 17.58% | 0.24x | $413.16 Million |
| 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 Zhengzhou J and T Hi Tech Co
Zhengzhou Jiean Hi-Tech Co.,Ltd. engages in the research, development, and technical services of computer simulation training systems in rail transit, emergency safety, aviation, navigation, and other fields in China. It focuses on system simulation, virtual reality, and augmented reality technology in the field of virtual simulation education and training. The company was incorporated in 2002 an… Read more