Zhejiang Whyis Technology Co.Ltd. (301218) - Net Assets
Based on the latest financial reports, Zhejiang Whyis Technology Co.Ltd. (301218) has net assets worth CN¥955.40 Million CNY (≈ $139.81 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¥1.63 Billion ≈ $238.58 Million USD) and total liabilities (CN¥674.98 Million ≈ $98.77 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 301218 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥955.40 Million |
| % of Total Assets | 58.6% |
| Annual Growth Rate | 34.1% |
| 5-Year Change | 244.1% |
| 10-Year Change | N/A |
| Growth Volatility | 63.13 |
Zhejiang Whyis Technology Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Zhejiang Whyis Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301218 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Whyis Technology Co.Ltd. (2019–2024)
The table below shows the annual net assets of Zhejiang Whyis Technology Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see Zhejiang Whyis Technology Co.Ltd. (301218) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥971.19 Million ≈ $142.12 Million |
+0.78% |
| 2023-12-31 | CN¥963.64 Million ≈ $141.01 Million |
+3.96% |
| 2022-12-31 | CN¥926.93 Million ≈ $135.64 Million |
+169.12% |
| 2021-12-31 | CN¥344.43 Million ≈ $50.40 Million |
+22.03% |
| 2020-12-31 | CN¥282.24 Million ≈ $41.30 Million |
+26.11% |
| 2019-12-31 | CN¥223.80 Million ≈ $32.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Whyis 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 198.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥232.67 Million | 24.75% |
| Other Components | CN¥707.36 Million | 75.25% |
| Total Equity | CN¥940.02 Million | 100.00% |
Zhejiang Whyis Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Whyis Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinhua Chunguang Technology Co Ltd
SHG:603657
|
$580.22 Million |
|
UE Furniture Co Ltd
SHG:603600
|
$580.23 Million |
|
DXN HOLDINGS BHD.
KLSE:5318
|
$580.49 Million |
|
Audax Renovables S.A.
MC:ADX
|
$580.70 Million |
|
Jensen-Group NV
BR:JEN
|
$579.77 Million |
|
Shanghai Guangdian Electric Group Co Ltd
SHG:601616
|
$579.63 Million |
|
Sayona Mining Ltd
AU:SYA
|
$579.50 Million |
|
Blue Moon Zinc Corp
V:MOON
|
$578.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Whyis Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 935,527,708 to 940,023,328, a change of 4,495,620 (0.5%).
- Net income of 9,741,459 contributed positively to equity growth.
- Dividend payments of 6,851,892 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.74 Million | +1.04% |
| Dividends Paid | CN¥6.85 Million | -0.73% |
| Other Changes | CN¥1.61 Million | +0.17% |
| Total Change | CN¥- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Whyis 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: 4.22x
- 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 13.25x to 4.22x 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¥2.62 | CN¥34.76 | x |
| 2020-12-31 | CN¥3.25 | CN¥34.76 | x |
| 2021-12-31 | CN¥3.95 | CN¥34.76 | x |
| 2022-12-31 | CN¥7.97 | CN¥34.76 | x |
| 2023-12-31 | CN¥8.20 | CN¥34.76 | x |
| 2024-12-31 | CN¥8.24 | CN¥34.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Whyis 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): 1.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.94%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.70x
- Recent ROE (1.04%) is below the historical average (10.89%), 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 | 20.07% | 10.97% | 0.71x | 2.58x | CN¥22.53 Million |
| 2020 | 18.86% | 11.19% | 0.80x | 2.11x | CN¥24.59 Million |
| 2021 | 17.77% | 11.44% | 0.72x | 2.16x | CN¥26.24 Million |
| 2022 | 4.11% | 7.91% | 0.37x | 1.42x | CN¥-53.50 Million |
| 2023 | 3.51% | 5.85% | 0.38x | 1.57x | CN¥-60.68 Million |
| 2024 | 1.04% | 1.94% | 0.31x | 1.70x | CN¥-84.26 Million |
Industry Comparison
This section compares Zhejiang Whyis Technology Co.Ltd.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,192,409,576
- Average return on equity (ROE) among peers: -56.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Whyis Technology Co.Ltd. (301218) | CN¥955.40 Million | 20.07% | 0.71x | $580.06 Million |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $338.44 Million | -592.41% | 3.36x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About Zhejiang Whyis Technology Co.Ltd.
Zhejiang Whyis Technology Co.,Ltd. provides information system integration and technical services. The company offers integrated solutions in the areas of project design, information system development, software and hardware procurement, and related operation and maintenance services. The company was founded in 1998 and is based in Hangzhou, China.