Shijihengtong Technology Co. Ltd. A (301428) - Net Assets
Based on the latest financial reports, Shijihengtong Technology Co. Ltd. A (301428) has net assets worth CN¥1.26 Billion CNY (≈ $184.63 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¥2.48 Billion ≈ $362.73 Million USD) and total liabilities (CN¥1.22 Billion ≈ $178.10 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. Explore 301428 operating cash flow to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.26 Billion |
| % of Total Assets | 50.9% |
| Annual Growth Rate | 33.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 47.83 |
Shijihengtong Technology Co. Ltd. A - Net Assets Trend (2021–2024)
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 assets under control for the complete picture of this company's asset base.
Annual Net Assets for Shijihengtong Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Shijihengtong Technology Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see 301428 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-- |
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 60.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥450.01 Million | 36.37% |
| Other Components | CN¥787.22 Million | 63.63% |
| Total Equity | CN¥1.24 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 |
|---|---|
|
GHCL Limited
NSE:GHCL
|
$460.43 Million |
|
PKU HealthCare Corp Ltd
SHE:000788
|
$460.48 Million |
|
Hillstone Networks Co Ltd
SHG:688030
|
$460.49 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
$460.66 Million |
|
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
SHE:002388
|
$460.34 Million |
|
Great Taipei Gas Corp
TW:9908
|
$459.99 Million |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
$459.95 Million |
|
DINGDONG CAYMAN 2ADR/3 A
F:945
|
$459.79 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 2023 to 2024, total equity changed from 1,237,390,365 to 1,237,236,203, a change of -154,163 (-0.0%).
- Net income of 61,908,801 contributed positively to equity growth.
- Dividend payments of 54,387,401 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥61.91 Million | +5.0% |
| Dividends Paid | CN¥54.39 Million | -4.4% |
| Other Changes | CN¥-7.68 Million | -0.62% |
| Total Change | CN¥- | -0.01% |
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: 2.54x
- 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 4.58x to 2.54x 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¥31.89 | x |
| 2022-12-31 | CN¥8.01 | CN¥31.89 | x |
| 2023-12-31 | CN¥12.54 | CN¥31.89 | x |
| 2024-12-31 | CN¥12.54 | CN¥31.89 | 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): 5.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.12%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.86x
- Recent ROE (5.00%) is below the historical average (9.66%), 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 |
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: $1,327,226,756
- Average return on equity (ROE) among peers: 13.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shijihengtong Technology Co. Ltd. A (301428) | CN¥1.26 Billion | 13.89% | 0.96x | $460.43 Million |
| Digital China Group Co Ltd (000034) | $683.55 Million | 8.45% | 1.51x | $2.75 Billion |
| ZJBC Information Technology Co Ltd (000889) | $1.09 Billion | 10.15% | 0.68x | $535.70 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $499.57 Million | 8.38% | 0.65x | $758.80 Million |
| Guomai Technologies Inc (002093) | $483.69 Million | 16.02% | 0.60x | $1.11 Billion |
| Shanghai HiTech Control System (002184) | $196.13 Million | 24.13% | 0.93x | $643.69 Million |
| SZZT Electronics Co Ltd (002197) | $523.32 Million | 13.66% | 1.04x | $615.82 Million |
| Talkweb Information System Co Ltd (002261) | $194.25 Million | 32.60% | 0.23x | $5.63 Billion |
| Westone Information Industry Inc (002268) | $4.39 Billion | 3.85% | 0.31x | $1.80 Billion |
| Taiji Computer Corp Ltd (002368) | $4.49 Billion | 8.38% | 2.53x | $1.43 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $725.91 Million | 7.14% | 0.56x | $717.91 Million |
About Shijihengtong Technology Co. Ltd. A
Shijihengtong Technology Co., Ltd. offers information technology services. It provides car owner information, life information, and business process services. The company was founded in 2006 and is based in Guiyang, China.