Sublime China Information Co. Ltd. A (301299) - Net Assets
Based on the latest financial reports, Sublime China Information Co. Ltd. A (301299) has net assets worth CN¥590.02 Million CNY (≈ $86.34 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¥984.33 Million ≈ $144.04 Million USD) and total liabilities (CN¥394.31 Million ≈ $57.70 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 301299 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥590.02 Million |
| % of Total Assets | 59.94% |
| Annual Growth Rate | 33.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 81.57 |
Sublime China Information Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Sublime China Information Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sublime China Information Co. Ltd. A for the complete picture of this company's asset base.
Annual Net Assets for Sublime China Information Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Sublime China Information Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see market cap of Sublime China Information Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 0.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥122.16 Million | 20.10% |
| Other Components | CN¥485.50 Million | 79.90% |
| Total Equity | CN¥607.65 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 |
|---|---|
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$568.12 Million |
|
Atom Hoteles Socimi
MC:YATO
|
$568.25 Million |
|
Northern Data AG
XETRA:NB2
|
$568.29 Million |
|
Beijing Zhongkehaixun Digital S T
SHE:300810
|
$568.33 Million |
|
Zhejiang Cheng Yi Pharmaceutical Co Ltd
SHG:603811
|
$568.03 Million |
|
Mastek Limited
NSE:MASTEK
|
$567.83 Million |
|
Guan Chong Bhd
KLSE:5102
|
$567.65 Million |
|
Zhejiang Runyang New Material Technology Co. Ltd.
SHE:300920
|
$567.62 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 2023 to 2024, total equity changed from 673,163,425 to 607,653,994, a change of -65,509,432 (-9.7%).
- Net income of 70,509,541 contributed positively to equity growth.
- Dividend payments of 126,000,000 reduced retained earnings.
- Other factors decreased equity by 10,018,972.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥70.51 Million | +11.6% |
| Dividends Paid | CN¥126.00 Million | -20.74% |
| Other Changes | CN¥-10.02 Million | -1.65% |
| Total Change | CN¥- | -9.73% |
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: 6.35x
- 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 15.33x to 6.35x 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¥64.29 | x |
| 2021-12-31 | CN¥5.30 | CN¥64.29 | x |
| 2022-12-31 | CN¥11.55 | CN¥64.29 | x |
| 2023-12-31 | CN¥11.22 | CN¥64.29 | x |
| 2024-12-31 | CN¥10.13 | CN¥64.29 | 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): 11.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.95%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.54x
- Recent ROE (11.60%) is below the historical average (15.24%), 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 |
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: $2,085,455,954
- Average return on equity (ROE) among peers: 13.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sublime China Information Co. Ltd. A (301299) | CN¥590.02 Million | 27.48% | 0.67x | $568.04 Million |
| Digital China Group Co Ltd (000034) | $9.26 Billion | 12.65% | 3.85x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $696.79 Million | 0.52% | 1.27x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $2.77 Billion | 4.17% | 2.67x | $826.70 Million |
| Guomai Technologies Inc (002093) | $3.38 Billion | 2.39% | 0.20x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.79 Billion | 6.56% | 1.52x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $401.27 Million | 16.41% | 0.60x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $108.06 Million | 30.46% | 0.45x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $147.38 Million | 38.68% | 3.31x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.68 Billion | 7.58% | 0.71x | $771.75 Million |
About Sublime China Information Co. Ltd. A
Sublime China Information Co., Ltd. provides information and consulting services in China and internationally. Its services also include advertising, market information, analysis report, data, events, exhibition, conference, and field visit. The company serves energy, chemical, plastic, rubber, metal, and agriculture industries. The company was founded in 2004 and is based in Zibo, China.