Pansoft Company Limited (300996) - Net Assets
Based on the latest financial reports, Pansoft Company Limited (300996) has net assets worth CN¥1.29 Billion CNY (≈ $188.57 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.46 Billion ≈ $213.42 Million USD) and total liabilities (CN¥169.81 Million ≈ $24.85 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. See Pansoft Company Limited balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.29 Billion |
| % of Total Assets | 88.36% |
| Annual Growth Rate | 31.26% |
| 5-Year Change | 224.79% |
| 10-Year Change | N/A |
| Growth Volatility | 45.51 |
Pansoft Company Limited - Net Assets Trend (2019–2024)
This chart illustrates how Pansoft Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300996 stock market capitalisation.
Annual Net Assets for Pansoft Company Limited (2019–2024)
The table below shows the annual net assets of Pansoft Company Limited from 2019 to 2024. Also explore 300996 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.32 Billion ≈ $193.73 Million |
+5.96% |
| 2023-12-31 | CN¥1.25 Billion ≈ $182.83 Million |
+12.52% |
| 2022-12-31 | CN¥1.11 Billion ≈ $162.49 Million |
+19.70% |
| 2021-12-31 | CN¥927.68 Million ≈ $135.75 Million |
+127.59% |
| 2020-12-31 | CN¥407.62 Million ≈ $59.65 Million |
+20.05% |
| 2019-12-31 | CN¥339.53 Million ≈ $49.68 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pansoft Company Limited'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 214.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥527.57 Million | 41.29% |
| Other Components | CN¥750.12 Million | 58.71% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Pansoft Company Limited Competitors by Market Cap
The table below lists competitors of Pansoft Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BETTERWARE DE MEXICO SAPI
F:BM0
|
$521.41 Million |
|
Empreendimentos Pague Menos S.A
SA:PGMN3
|
$521.42 Million |
|
Korea New Network Co. Ltd
KQ:058400
|
$521.42 Million |
|
Triductor Technology (Suzhou) Inc.
SHG:688259
|
$521.74 Million |
|
AGI Greenpac Limited
NSE:AGI
|
$521.29 Million |
|
NioCorp Developments Ltd. Common Stock
NASDAQ:NB
|
$521.20 Million |
|
Zhejiang Sf Oilless Bearing Co Ltd
SHE:300817
|
$521.00 Million |
|
Guangdong Lifestrong Pharmacy Co. Ltd.
SHE:301111
|
$520.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pansoft Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,204,030,614 to 1,277,691,673, a change of 73,661,059 (6.1%).
- Net income of 121,250,021 contributed positively to equity growth.
- Dividend payments of 20,252,501 reduced retained earnings.
- Other factors decreased equity by 27,336,461.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥121.25 Million | +9.49% |
| Dividends Paid | CN¥20.25 Million | -1.59% |
| Other Changes | CN¥-27.34 Million | -2.14% |
| Total Change | CN¥- | 6.12% |
Book Value vs Market Value Analysis
This analysis compares Pansoft Company Limited'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: 2.00x
- 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 3.92x to 2.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.21 | CN¥12.60 | x |
| 2020-12-31 | CN¥2.76 | CN¥12.60 | x |
| 2021-12-31 | CN¥3.35 | CN¥12.60 | x |
| 2022-12-31 | CN¥3.87 | CN¥12.60 | x |
| 2023-12-31 | CN¥4.25 | CN¥12.60 | x |
| 2024-12-31 | CN¥6.31 | CN¥12.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pansoft Company Limited 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): 9.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.50%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.24x
- Recent ROE (9.49%) is below the historical average (13.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.31% | 15.98% | 0.82x | 1.31x | CN¥24.82 Million |
| 2020 | 20.46% | 19.76% | 0.76x | 1.36x | CN¥42.63 Million |
| 2021 | 14.99% | 23.81% | 0.52x | 1.22x | CN¥46.12 Million |
| 2022 | 14.40% | 22.32% | 0.51x | 1.26x | CN¥47.40 Million |
| 2023 | 5.16% | 8.30% | 0.50x | 1.25x | CN¥-58.24 Million |
| 2024 | 9.49% | 14.50% | 0.53x | 1.24x | CN¥-6.52 Million |
Industry Comparison
This section compares Pansoft Company Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,869,687,536
- Average return on equity (ROE) among peers: 7.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pansoft Company Limited (300996) | CN¥1.29 Billion | 17.31% | 0.13x | $521.38 Million |
| Digital China Information Service Co Ltd (000555) | $-129.10 Million | 0.00% | 0.00x | $1.48 Billion |
| Fujian Newland Computer Co Ltd (000997) | $770.93 Million | 5.35% | 0.32x | $2.90 Billion |
| YGSOFT Inc (002063) | $1.24 Billion | 23.25% | 0.11x | $1.50 Billion |
| Dhc Software Co Ltd (002065) | $145.16 Million | 27.99% | 1.22x | $3.12 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $597.61 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $4.92 Billion | 4.89% | 0.37x | $899.26 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $9.16 Billion | -0.74% | 0.17x | $3.02 Billion |
| Shanghai 2345 Network Holding Group (002195) | $277.79 Million | 7.30% | 0.13x | $5.11 Billion |
| Iflytek Co Ltd (002230) | $19.86 Billion | 4.23% | 1.26x | $13.53 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.38 Billion | 5.29% | 0.61x | $925.45 Million |
About Pansoft Company Limited
Pansoft Company Limited provides management information solutions and IT integrated services for large enterprises in China. It provides application and platform software; and customized solutions for the needs of information systems, including group control, XBRL data application, platform software, and other areas. The company's field solutions include group financial and fund management system… Read more