Shijihengtong Technology Co. Ltd. A Net Assets
Shijihengtong Technology Co. Ltd. A net assets. Based on the latest financial reports, Shijihengtong Technology Co. Ltd. A (301428) has net assets worth CN¥1.20 Billion CNY (≈ $176.10 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¥2.96 Billion ≈ $433.78 Million USD) and total liabilities (CN¥1.76 Billion ≈ $257.68 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 debt-free asset ratio of Shijihengtong Technology Co. Ltd. A to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 40.6% |
| Annual Growth Rate | 23.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.82 |
Net Assets of Shijihengtong Technology Co. Ltd. A (2021–2025)
Net assets of Shijihengtong Technology Co. Ltd. A from 2021 to 2025. This chart illustrates how Shijihengtong Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Shijihengtong Technology Co. Ltd. A (301428) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Shijihengtong Technology Co. Ltd. A (2021–2025)
The table below shows the annual net assets of Shijihengtong Technology Co. Ltd. A from 2021 to 2025. For live market cap and overall valuation, see market cap of Shijihengtong Technology Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.19 Billion ≈ $173.91 Million |
-4.02% |
| 2024-12-31 | CN¥1.24 Billion ≈ $181.19 Million |
+0.12% |
| 2023-12-31 | CN¥1.24 Billion ≈ $180.98 Million |
+108.31% |
| 2022-12-31 | CN¥593.73 Million ≈ $86.88 Million |
+15.29% |
| 2021-12-31 | CN¥514.99 Million ≈ $75.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shijihengtong 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 43.7% over the analyzed period, indicating profitable operations and earnings retention.
Shijihengtong Technology Co. Ltd. A Net Assets Breakdown (December 2025)
Shijihengtong Technology Co. Ltd. A net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥404.22 Million | 33.99% |
| Other Components | CN¥784.91 Million | 66.01% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Shijihengtong Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shijihengtong Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emeco Holdings Ltd
AU:EHL
|
$471.32 Million |
|
Chun Yuan Steel Industry Co Ltd
TW:2010
|
$471.35 Million |
|
Panoro Energy ASA
OL:PEN
|
$471.36 Million |
|
Noah Holdings Limited
F:6NO
|
$471.47 Million |
|
Danske Andelskassers Bank A/S
CO:DAB
|
$471.13 Million |
|
Oriental Union Chemical Corp
TW:1710
|
$471.11 Million |
|
Arvinas Inc
NASDAQ:ARVN
|
$471.00 Million |
|
ChoiceOne Financial Services Inc
NASDAQ:COFS
|
$470.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shijihengtong Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,237,236,203 to 1,189,131,074, a change of -48,105,129 (-3.9%).
- Net loss of 36,022,327 reduced equity.
- Dividend payments of 33,046,302 reduced retained earnings.
- Other factors increased equity by 20,963,500.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-36.02 Million | -3.03% |
| Dividends Paid | CN¥33.05 Million | -2.78% |
| Other Changes | CN¥20.96 Million | +1.76% |
| Total Change | CN¥- | -3.89% |
Book Value vs Market Value Analysis
This analysis compares Shijihengtong 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: 2.71x
- 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 4.69x to 2.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥6.96 | CN¥32.64 | x |
| 2022-12-31 | CN¥8.01 | CN¥32.64 | x |
| 2023-12-31 | CN¥12.54 | CN¥32.64 | x |
| 2024-12-31 | CN¥12.54 | CN¥32.64 | x |
| 2025-12-31 | CN¥12.05 | CN¥32.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shijihengtong 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): -3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.40%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.41x
- Recent ROE (-3.03%) is below the historical average (7.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.89% | 7.95% | 0.91x | 1.92x | CN¥20.02 Million |
| 2022 | 13.20% | 8.55% | 0.75x | 2.05x | CN¥18.95 Million |
| 2023 | 6.54% | 7.58% | 0.59x | 1.47x | CN¥-42.76 Million |
| 2024 | 5.00% | 5.12% | 0.53x | 1.86x | CN¥-61.81 Million |
| 2025 | -3.03% | -3.40% | 0.37x | 2.41x | CN¥-154.94 Million |
Industry Comparison
This section compares Shijihengtong Technology 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: $1,961,702,775
- Average return on equity (ROE) among peers: 8.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shijihengtong Technology Co. Ltd. A (301428) | CN¥1.20 Billion | 13.89% | 1.46x | $471.26 Million |
| Digital China Group Co Ltd (000034) | $4.70 Billion | 13.27% | 5.54x | $2.28 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.45 Billion | 8.96% | 0.22x | $442.54 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $1.41 Billion | 0.67% | 0.82x | $863.21 Million |
| Guomai Technologies Inc (002093) | $991.89 Million | 10.39% | 0.49x | $965.66 Million |
| Shanghai HiTech Control System (002184) | $836.68 Million | 2.45% | 0.37x | $563.87 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | 0.75% | 1.68x | $534.01 Million |
| Talkweb Information System Co Ltd (002261) | $541.21 Million | 14.48% | 0.13x | $4.12 Billion |
| Westone Information Industry Inc (002268) | $633.99 Million | 11.62% | 0.41x | $1.88 Billion |
| Taiji Computer Corp Ltd (002368) | $5.49 Billion | 6.84% | 1.95x | $1.32 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $137.09 Million | 19.82% | 0.84x | $668.96 Million |
About Shijihengtong Technology Co. Ltd. A
Shijihengtong Technology Co., Ltd. engages in the provision of information technology services in China. The company offers car owner services to large enterprises, such as insurance companies, banks, telecommunications operators, and highway groups. It also provides card benefits and business process services to large enterprise clients. In addition, the company offers value-added and expansion … Read more