Sublime China Information Co. Ltd. A (301299) - Net Assets

Latest as of March 2026: CN¥610.39 Million CNY ≈ $89.32 Million USD

Based on the latest financial reports, Sublime China Information Co. Ltd. A (301299) has net assets worth CN¥610.39 Million CNY (≈ $89.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥988.00 Million ≈ $144.58 Million USD) and total liabilities (CN¥377.62 Million ≈ $55.26 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 Sublime China Information Co. Ltd. A tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥610.39 Million
% of Total Assets	61.78%
Annual Growth Rate	25.53%
5-Year Change	146.34%
10-Year Change	N/A
Growth Volatility	76.12

Sublime China Information Co. Ltd. A - Net Assets Trend (2020–2025)

This chart illustrates how Sublime China Information Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sublime China Information Co. Ltd. A to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sublime China Information Co. Ltd. A (2020–2025)

The table below shows the annual net assets of Sublime China Information Co. Ltd. A from 2020 to 2025. For live valuation and market cap data, see market cap of Sublime China Information Co. Ltd. A.

Year	Net Assets	Change
2025-12-31	CN¥588.00 Million ≈ $86.04 Million	-3.24%
2024-12-31	CN¥607.65 Million ≈ $88.92 Million	-9.73%
2023-12-31	CN¥673.16 Million ≈ $98.50 Million	-2.88%
2022-12-31	CN¥693.10 Million ≈ $101.42 Million	+190.37%
2021-12-31	CN¥238.70 Million ≈ $34.93 Million	+26.50%
2020-12-31	CN¥188.69 Million ≈ $27.61 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sublime China Information Co. Ltd. A'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 decreased by 31.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥84.96 Million	14.46%
Other Components	CN¥502.55 Million	85.54%
Total Equity	CN¥587.51 Million	100.00%

Sublime China Information Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Sublime China Information Co. Ltd. A ranked by their market capitalization.

Company	Market Cap
Alfas Solar Enerji Sanayi ve Ticaret A.S. IS:ALFAS	$443.02 Million
NationGate Holdings Berhad KLSE:0270	$443.18 Million
Flat Capital AB Series B ST:FLAT-B	$443.26 Million
Sinosun Tech SHE:300333	$443.49 Million
Jiangsu Lianfa Textile Co Ltd SHE:002394	$442.89 Million
BlackRock Municipal Income Closed Fund NYSE:BFK	$442.50 Million
Horizon Quantum Holdings Ltd. Class A Ordinary Shares NYSE:HQ	$442.49 Million
PRIMA MARINE PCL-NVDR BK:PRM-R	$442.48 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sublime China Information Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 607,653,994 to 587,510,489, a change of -20,143,504 (-3.3%).
Net income of 65,642,273 contributed positively to equity growth.
Dividend payments of 126,639,358 reduced retained earnings.
Other factors increased equity by 40,853,580.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥65.64 Million	+11.17%
Dividends Paid	CN¥126.64 Million	-21.56%
Other Changes	CN¥40.85 Million	+6.95%
Total Change	CN¥-	-3.31%

Book Value vs Market Value Analysis

This analysis compares Sublime China Information Co. Ltd. A'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: 5.13x
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 11.90x to 5.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-12-31	CN¥4.19	CN¥49.90	x
2021-12-31	CN¥5.30	CN¥49.90	x
2022-12-31	CN¥11.55	CN¥49.90	x
2023-12-31	CN¥11.22	CN¥49.90	x
2024-12-31	CN¥10.13	CN¥49.90	x
2025-12-31	CN¥9.73	CN¥49.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sublime China Information Co. Ltd. A 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): 11.17%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.44%
• Asset Turnover: 0.36x
• Equity Multiplier: 1.69x
Recent ROE (11.17%) is below the historical average (14.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2020	27.48%	23.75%	0.48x	2.42x	CN¥32.99 Million
2021	20.95%	19.96%	0.45x	2.31x	CN¥26.14 Million
2022	8.43%	21.39%	0.27x	1.45x	CN¥-10.91 Million
2023	7.73%	18.36%	0.29x	1.46x	CN¥-15.25 Million
2024	11.60%	23.95%	0.31x	1.54x	CN¥9.74 Million
2025	11.17%	18.44%	0.36x	1.69x	CN¥6.89 Million

Industry Comparison

This section compares Sublime China Information Co. Ltd. A's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $1,287,784,802
Average return on equity (ROE) among peers: 10.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sublime China Information Co. Ltd. A (301299)	CN¥610.39 Million	27.48%	0.62x	$442.95 Million
Digital China Group Co Ltd (000034)	$106.09 Million	15.80%	2.57x	$2.82 Billion
ZJBC Information Technology Co Ltd (000889)	$2.25 Billion	6.83%	0.51x	$550.78 Million
Yunnan Nantian Electronics Information Co Ltd (000948)	$581.96 Million	5.63%	1.59x	$717.16 Million
Guomai Technologies Inc (002093)	$128.76 Million	18.12%	0.86x	$1.02 Billion
Shanghai HiTech Control System (002184)	$157.63 Million	23.72%	1.02x	$535.55 Million
SZZT Electronics Co Ltd (002197)	$2.77 Billion	1.96%	0.71x	$560.98 Million
Talkweb Information System Co Ltd (002261)	$2.58 Billion	-3.89%	1.09x	$5.63 Billion
Westone Information Industry Inc (002268)	$1.28 Billion	9.30%	0.50x	$1.64 Billion
Taiji Computer Corp Ltd (002368)	$1.88 Billion	9.40%	1.05x	$1.55 Billion
COSCO SHIPPING Technology Co Ltd (002401)	$1.14 Billion	16.98%	2.15x	$706.48 Million

About Sublime China Information Co. Ltd. A

SHE:301299 China Information Technology Services

Market Cap

$442.95 Million

CN¥3.03 Billion CNY

Market Cap Rank

#13053 Global

#3885 in China

Share Price

CN¥49.90

Change (1 day)

-1.03%

52-Week Range

CN¥47.08 - CN¥69.55

All Time High

CN¥89.78