Aisino Corp (600271) - Net Assets
Based on the latest financial reports, Aisino Corp (600271) has net assets worth CN¥15.70 Billion CNY (≈ $2.30 Billion 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¥19.28 Billion ≈ $2.82 Billion USD) and total liabilities (CN¥3.58 Billion ≈ $523.37 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 600271 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.70 Billion |
| % of Total Assets | 81.45% |
| Annual Growth Rate | 18.99% |
| 5-Year Change | -4.09% |
| 10-Year Change | 45.68% |
| Growth Volatility | 71.81 |
Aisino Corp - Net Assets Trend (2000–2025)
This chart illustrates how Aisino Corp's net assets have evolved over time, based on quarterly financial data. See Aisino Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Aisino Corp (2000–2025)
The table below shows the annual net assets of Aisino Corp from 2000 to 2025. For live valuation and market cap data, see 600271 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥16.08 Billion ≈ $2.35 Billion |
-5.97% |
| 2024-12-31 | CN¥17.10 Billion ≈ $2.50 Billion |
-1.98% |
| 2023-12-31 | CN¥17.45 Billion ≈ $2.55 Billion |
-1.57% |
| 2022-12-31 | CN¥17.72 Billion ≈ $2.59 Billion |
+5.71% |
| 2021-12-31 | CN¥16.77 Billion ≈ $2.45 Billion |
+6.05% |
| 2020-12-31 | CN¥15.81 Billion ≈ $2.31 Billion |
+9.74% |
| 2019-12-31 | CN¥14.41 Billion ≈ $2.11 Billion |
+5.83% |
| 2018-12-31 | CN¥13.61 Billion ≈ $1.99 Billion |
+10.79% |
| 2017-12-31 | CN¥12.29 Billion ≈ $1.80 Billion |
+11.31% |
| 2016-12-31 | CN¥11.04 Billion ≈ $1.62 Billion |
+15.24% |
| 2015-12-31 | CN¥9.58 Billion ≈ $1.40 Billion |
+18.99% |
| 2014-12-31 | CN¥8.05 Billion ≈ $1.18 Billion |
+14.30% |
| 2013-12-31 | CN¥7.04 Billion ≈ $1.03 Billion |
+13.37% |
| 2012-12-31 | CN¥6.21 Billion ≈ $909.01 Million |
+12.58% |
| 2011-12-31 | CN¥5.52 Billion ≈ $807.42 Million |
+13.48% |
| 2010-12-31 | CN¥4.86 Billion ≈ $711.49 Million |
+18.91% |
| 2009-12-31 | CN¥4.09 Billion ≈ $598.36 Million |
+16.61% |
| 2008-12-31 | CN¥3.51 Billion ≈ $513.12 Million |
+15.71% |
| 2007-12-31 | CN¥3.03 Billion ≈ $443.45 Million |
+22.45% |
| 2006-12-31 | CN¥2.47 Billion ≈ $362.16 Million |
+14.57% |
| 2005-12-31 | CN¥2.16 Billion ≈ $316.10 Million |
+13.60% |
| 2004-12-31 | CN¥1.90 Billion ≈ $278.26 Million |
+8.40% |
| 2003-12-31 | CN¥1.75 Billion ≈ $256.69 Million |
+376.06% |
| 2002-12-31 | CN¥368.47 Million ≈ $53.92 Million |
+24.23% |
| 2001-12-31 | CN¥296.60 Million ≈ $43.40 Million |
+42.35% |
| 2000-12-31 | CN¥208.36 Million ≈ $30.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aisino Corp'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 25635.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.42 Billion | 71.07% |
| Other Components | CN¥3.83 Billion | 28.93% |
| Total Equity | CN¥13.25 Billion | 100.00% |
Aisino Corp Competitors by Market Cap
The table below lists competitors of Aisino Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tangshan Sanyou Chemical Industries Co Ltd
SHG:600409
|
$1.91 Billion |
|
First Commonwealth Financial
NYSE:FCF
|
$1.91 Billion |
|
Allied Blenders & Distillers Ltd
NSE:ABDL
|
$1.91 Billion |
|
Stellar Bancorp, Inc.
NYSE:STEL
|
$1.91 Billion |
|
China Bester Group Telecom Co Ltd
SHG:603220
|
$1.90 Billion |
|
Nanjing Gaoke Co Ltd
SHG:600064
|
$1.90 Billion |
|
Newell Rubbermaid Inc.
NASDAQ:NWL
|
$1.90 Billion |
|
ADMA Biologics Inc
NASDAQ:ADMA
|
$1.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aisino Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,004,139,888 to 13,250,077,793, a change of -754,062,095 (-5.4%).
- Net loss of 745,525,600 reduced equity.
- Dividend payments of 21,955,786 reduced retained earnings.
- Other comprehensive income decreased equity by 1,385,653,679.
- Other factors increased equity by 1,399,072,970.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-745.53 Million | -5.63% |
| Dividends Paid | CN¥21.96 Million | -0.17% |
| Other Comprehensive Income | CN¥-1.39 Billion | -10.46% |
| Other Changes | CN¥1.40 Billion | +10.56% |
| Total Change | CN¥- | -5.38% |
Book Value vs Market Value Analysis
This analysis compares Aisino Corp'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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 64.33x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.11 | CN¥7.03 | x |
| 2001-12-31 | CN¥0.15 | CN¥7.03 | x |
| 2002-12-31 | CN¥0.19 | CN¥7.03 | x |
| 2003-12-31 | CN¥0.95 | CN¥7.03 | x |
| 2004-12-31 | CN¥0.99 | CN¥7.03 | x |
| 2005-12-31 | CN¥1.09 | CN¥7.03 | x |
| 2006-12-31 | CN¥1.22 | CN¥7.03 | x |
| 2007-12-31 | CN¥1.46 | CN¥7.03 | x |
| 2008-12-31 | CN¥1.67 | CN¥7.03 | x |
| 2009-12-31 | CN¥1.88 | CN¥7.03 | x |
| 2010-12-31 | CN¥2.26 | CN¥7.03 | x |
| 2011-12-31 | CN¥2.59 | CN¥7.03 | x |
| 2012-12-31 | CN¥2.93 | CN¥7.03 | x |
| 2013-12-31 | CN¥3.30 | CN¥7.03 | x |
| 2014-12-31 | CN¥3.63 | CN¥7.03 | x |
| 2015-12-31 | CN¥4.39 | CN¥7.03 | x |
| 2016-12-31 | CN¥4.97 | CN¥7.03 | x |
| 2017-12-31 | CN¥5.53 | CN¥7.03 | x |
| 2018-12-31 | CN¥5.98 | CN¥7.03 | x |
| 2019-12-31 | CN¥6.43 | CN¥7.03 | x |
| 2020-12-31 | CN¥6.79 | CN¥7.03 | x |
| 2021-12-31 | CN¥7.21 | CN¥7.03 | x |
| 2022-12-31 | CN¥7.64 | CN¥7.03 | x |
| 2023-12-31 | CN¥7.62 | CN¥7.03 | x |
| 2024-12-31 | CN¥8.78 | CN¥7.03 | x |
| 2025-12-31 | CN¥7.15 | CN¥7.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aisino Corp 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): -5.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.42%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.50x
- Recent ROE (-5.63%) is below the historical average (17.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 76.46% | 19.12% | 1.22x | 3.28x | CN¥131.58 Million |
| 2001 | 28.55% | 15.03% | 0.90x | 2.11x | CN¥51.83 Million |
| 2002 | 47.61% | 15.93% | 1.23x | 2.43x | CN¥129.19 Million |
| 2003 | 22.71% | 18.63% | 0.91x | 1.34x | CN¥218.17 Million |
| 2004 | 12.22% | 10.86% | 0.72x | 1.57x | CN¥40.06 Million |
| 2005 | 12.78% | 10.03% | 0.87x | 1.47x | CN¥55.13 Million |
| 2006 | 15.90% | 9.65% | 1.07x | 1.54x | CN¥132.69 Million |
| 2007 | 17.37% | 9.76% | 1.13x | 1.57x | CN¥199.79 Million |
| 2008 | 18.24% | 9.14% | 1.30x | 1.53x | CN¥252.59 Million |
| 2009 | 17.56% | 8.15% | 1.35x | 1.60x | CN¥262.74 Million |
| 2010 | 21.67% | 9.61% | 1.45x | 1.55x | CN¥488.94 Million |
| 2011 | 20.62% | 8.55% | 1.60x | 1.51x | CN¥508.29 Million |
| 2012 | 18.80% | 7.01% | 1.77x | 1.51x | CN¥476.58 Million |
| 2013 | 17.88% | 6.59% | 1.78x | 1.52x | CN¥481.56 Million |
| 2014 | 17.10% | 5.75% | 1.88x | 1.58x | CN¥476.38 Million |
| 2015 | 19.12% | 6.95% | 1.54x | 1.78x | CN¥741.51 Million |
| 2016 | 16.70% | 6.00% | 1.44x | 1.93x | CN¥616.45 Million |
| 2017 | 15.18% | 5.23% | 1.53x | 1.90x | CN¥531.40 Million |
| 2018 | 14.56% | 5.79% | 1.30x | 1.93x | CN¥506.48 Million |
| 2019 | 11.98% | 4.20% | 1.47x | 1.94x | CN¥235.81 Million |
| 2020 | 8.21% | 4.74% | 0.90x | 1.92x | CN¥-224.79 Million |
| 2021 | 7.68% | 4.36% | 1.03x | 1.71x | CN¥-310.36 Million |
| 2022 | 7.62% | 5.58% | 0.82x | 1.67x | CN¥-336.51 Million |
| 2023 | 1.44% | 1.61% | 0.55x | 1.62x | CN¥-1.20 Billion |
| 2024 | 0.11% | 0.19% | 0.39x | 1.53x | CN¥-1.38 Billion |
| 2025 | -5.63% | -13.42% | 0.28x | 1.50x | CN¥-2.07 Billion |
Industry Comparison
This section compares Aisino Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,727,796,506
- Average return on equity (ROE) among peers: 10.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aisino Corp (600271) | CN¥15.70 Billion | 76.46% | 0.23x | $1.91 Billion |
| Digital China Information Service Co Ltd (000555) | $136.95 Million | -6.92% | 0.27x | $1.61 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.28 Billion | 11.01% | 0.93x | $2.61 Billion |
| YGSOFT Inc (002063) | $731.03 Million | 26.17% | 0.25x | $1.48 Billion |
| Dhc Software Co Ltd (002065) | $2.77 Billion | 20.58% | 0.45x | $3.46 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.14 Billion | 3.07% | 0.40x | $495.91 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $5.14 Billion | 4.98% | 0.36x | $906.33 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $8.89 Billion | 5.21% | 0.15x | $3.09 Billion |
| Shanghai 2345 Network Holding Group (002195) | $383.27 Million | 16.95% | 0.11x | $5.96 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $14.62 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.21 Billion | 5.96% | 0.63x | $888.98 Million |
About Aisino Corp
Aisino Co.Ltd., together with its subsidiaries, engages in digital finance and taxation, smart, and cybersecurity businesses in China and internationally. The company offers Golden Tax Disk, an equipment for tax control of the VAT invoice system; Tax UKey, a portable intelligent tax control device; VAT invoice invoicing software; and smart taxation products, such as fast ticketing, smart electron… Read more