Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A (301339) - Net Assets
Based on the latest financial reports, Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A (301339) has net assets worth CN¥2.80 Billion CNY (≈ $409.52 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¥5.63 Billion ≈ $824.02 Million USD) and total liabilities (CN¥2.83 Billion ≈ $414.50 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 asset resilience ratio of Jiangsu Tongxingbao Intelligent Transpor to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.80 Billion |
| % of Total Assets | 49.7% |
| Annual Growth Rate | 25.66% |
| 5-Year Change | 147.07% |
| 10-Year Change | N/A |
| Growth Volatility | 31.33 |
Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Jiangsu Tongxingbao Intelligent Transpor total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see 301339 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.80 Billion ≈ $410.12 Million |
+4.21% |
| 2023-12-31 | CN¥2.69 Billion ≈ $393.55 Million |
+6.64% |
| 2022-12-31 | CN¥2.52 Billion ≈ $369.04 Million |
+89.45% |
| 2021-12-31 | CN¥1.33 Billion ≈ $194.80 Million |
+17.35% |
| 2020-12-31 | CN¥1.13 Billion ≈ $165.99 Million |
+26.86% |
| 2019-12-31 | CN¥894.14 Million ≈ $130.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Tongxingbao Intelligent Transportation Technology 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 grown by 779.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥674.19 Million | 24.82% |
| Other Components | CN¥2.04 Billion | 75.18% |
| Total Equity | CN¥2.72 Billion | 100.00% |
Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VERBIO Vereinigte BioEnergie AG
XETRA:VBK
|
$1.12 Billion |
|
Jiangxi Firstar Panel Technology Co Ltd
SHE:300256
|
$1.12 Billion |
|
Chengdu Zhimingda Electronics Co. Ltd. A
SHG:688636
|
$1.12 Billion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
$1.12 Billion |
|
Xiamen Jihong Package Technology Ltd
SHE:002803
|
$1.11 Billion |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
$1.11 Billion |
|
Miracll Chemicals Co Ltd
SHE:300848
|
$1.11 Billion |
|
Bank Tabungan Negara Persero
JK:BBTN
|
$1.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,615,150,647 to 2,716,748,808, a change of 101,598,161 (3.9%).
- Net income of 209,694,233 contributed positively to equity growth.
- Dividend payments of 122,100,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥209.69 Million | +7.72% |
| Dividends Paid | CN¥122.10 Million | -4.49% |
| Other Changes | CN¥14.00 Million | +0.52% |
| Total Change | CN¥- | 3.88% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Tongxingbao Intelligent Transportation Technology 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: 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 5.04x 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¥2.60 | CN¥13.13 | x |
| 2020-12-31 | CN¥3.14 | CN¥13.13 | x |
| 2021-12-31 | CN¥2.63 | CN¥13.13 | x |
| 2022-12-31 | CN¥4.32 | CN¥13.13 | x |
| 2023-12-31 | CN¥4.59 | CN¥13.13 | x |
| 2024-12-31 | CN¥6.55 | CN¥13.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Tongxingbao Intelligent Transportation Technology 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): 7.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.42%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.03x
- Recent ROE (7.72%) is below the historical average (16.67%), 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 | 48.46% | 29.09% | 0.33x | 5.02x | CN¥330.28 Million |
| 2020 | 15.71% | 36.73% | 0.11x | 3.92x | CN¥62.24 Million |
| 2021 | 14.69% | 31.63% | 0.14x | 3.34x | CN¥59.92 Million |
| 2022 | 6.13% | 25.25% | 0.11x | 2.12x | CN¥-95.14 Million |
| 2023 | 7.30% | 25.75% | 0.13x | 2.11x | CN¥-70.56 Million |
| 2024 | 7.72% | 23.42% | 0.16x | 2.03x | CN¥-61.98 Million |
Industry Comparison
This section compares Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,951,687,202
- Average return on equity (ROE) among peers: -0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A (301339) | CN¥2.80 Billion | 48.46% | 1.01x | $1.12 Billion |
| Digital China Information Service Co Ltd (000555) | $54.46 Million | -79.56% | 3.15x | $1.96 Billion |
| Fujian Newland Computer Co Ltd (000997) | $2.53 Billion | 18.26% | 1.48x | $2.95 Billion |
| YGSOFT Inc (002063) | $2.77 Billion | 9.50% | 0.13x | $1.76 Billion |
| Dhc Software Co Ltd (002065) | $2.27 Billion | 18.56% | 0.48x | $3.86 Billion |
| Zhejiang Netsun Co Ltd (002095) | $494.50 Million | 6.66% | 0.20x | $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) | $905.80 Million | 23.61% | 0.18x | $4.03 Billion |
| Shanghai 2345 Network Holding Group (002195) | $9.15 Billion | -9.99% | 0.08x | $7.14 Billion |
| Iflytek Co Ltd (002230) | $17.73 Billion | 3.71% | 1.13x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.33 Billion | 3.04% | 0.59x | $1.06 Billion |
About Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A
Jiangsu Tongxingbao Intelligent Transportation Technology Co., Ltd., together with its subsidiaries, provides smart transportation platform solutions for highways, trunk roads, and urban transportation in China. The company is involved in the smart transportation electronic toll collection (ETC) business, including ETC issuance and sales, and electronic toll collection service business; and the s… Read more