China National Software & Service Co Ltd

SHG:600536 China Software - Application
Market Cap
$5.22 Billion
CN¥38.30 Billion CNY
Market Cap Rank
#3968 Global
#365 in China
Share Price
CN¥41.02
Change (1 day)
-1.49%
52-Week Range
CN¥40.47 - CN¥55.55
All Time High
CN¥1148.64
Categories
Companies in China Software - Application Technology AI & Machine Learning
About

China National Software & Service Company Limited provides independent software products and industry solutions in China. The company offers Kylin desktop operating system, Kylin Desktop Operating System (Industrial Edition) V10, Starlight Kylin Operating System 1.0, Kylin Advanced Server Operating System V10 SP3, and Kylin Advanced Server Operating System (Industrial Edition) V10; and database p… Read more

China National Software & Service Co Ltd (600536) - Net Assets

Latest net assets as of September 2025: CN¥5.95 Billion CNY

Based on the latest financial reports, China National Software & Service Co Ltd (600536) has net assets worth CN¥5.95 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥10.07 Billion) and total liabilities (CN¥4.12 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥5.95 Billion
% of Total Assets 59.06%
Annual Growth Rate 22.4%
5-Year Change 7.0%
10-Year Change 9.74%
Growth Volatility 102.36

China National Software & Service Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how China National Software & Service Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for China National Software & Service Co Ltd (1999–2024)

The table below shows the annual net assets of China National Software & Service Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.09 Billion -9.96%
2023-12-31 CN¥3.43 Billion -3.68%
2022-12-31 CN¥3.56 Billion +7.48%
2021-12-31 CN¥3.31 Billion +14.79%
2020-12-31 CN¥2.89 Billion +4.48%
2019-12-31 CN¥2.76 Billion +6.76%
2018-12-31 CN¥2.59 Billion +2.51%
2017-12-31 CN¥2.52 Billion -13.23%
2016-12-31 CN¥2.91 Billion +3.37%
2015-12-31 CN¥2.81 Billion +21.05%
2014-12-31 CN¥2.32 Billion +0.72%
2013-12-31 CN¥2.31 Billion +39.85%
2012-12-31 CN¥1.65 Billion +6.29%
2011-12-31 CN¥1.55 Billion +1.15%
2010-12-31 CN¥1.53 Billion -5.70%
2009-12-31 CN¥1.63 Billion +23.69%
2008-12-31 CN¥1.32 Billion +9.30%
2007-12-31 CN¥1.20 Billion +24.98%
2006-12-31 CN¥963.10 Million +34.16%
2005-12-31 CN¥717.86 Million +38.97%
2004-12-31 CN¥516.54 Million +0.23%
2003-12-31 CN¥515.33 Million +13.77%
2002-12-31 CN¥452.96 Million +497.31%
2001-12-31 CN¥75.83 Million +24.84%
2000-12-31 CN¥60.74 Million +208.13%
1999-12-31 CN¥19.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to China National Software & Service Co Ltd'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 1271.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥160.78 Million 7.73%
Common Stock CN¥850.17 Million 40.85%
Other Comprehensive Income CN¥-28.47 Million -1.37%
Other Components CN¥1.10 Billion 52.79%
Total Equity CN¥2.08 Billion 100.00%

China National Software & Service Co Ltd Competitors by Market Cap

The table below lists competitors of China National Software & Service Co Ltd ranked by their market capitalization.

Company Market Cap
Alm. Brand A/S
PINK:ABDBY
 		$2.98 Billion
Far Eastern New Century Corp
TW:1402
 		$2.98 Billion
Thunder Software Technology Co Ltd
SHE:300496
 		$2.98 Billion
WD-40 Company
NASDAQ:WDFC
 		$2.98 Billion
KEI Industries Limited
NSE:KEI
 		$2.97 Billion
Sulzer AG
SW:SUN
 		$2.97 Billion
Credit Saison Co. Ltd
F:QC9
 		$2.97 Billion
KAR Auction Services Inc
NYSE:KAR
 		$2.97 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China National Software & Service Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,278,765,366 to 2,081,243,364, a change of -197,522,002 (-8.7%).
  • Net loss of 412,638,701 reduced equity.
  • Dividend payments of 46,221,516 reduced retained earnings.
  • Share repurchases of 256,892,325 reduced equity.
  • Other comprehensive income increased equity by 123,153,145.
  • Other factors increased equity by 395,077,395.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-412.64 Million -19.83%
Dividends Paid CN¥46.22 Million -2.22%
Share Repurchases CN¥256.89 Million -12.34%
Other Comprehensive Income CN¥123.15 Million +5.92%
Other Changes CN¥395.08 Million +18.98%
Total Change CN¥- -8.67%

Book Value vs Market Value Analysis

This analysis compares China National Software & Service Co Ltd'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: 16.94x
  • 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 667.67x to 16.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.06 CN¥41.02 x
2000-12-31 CN¥0.19 CN¥41.02 x
2001-12-31 CN¥0.23 CN¥41.02 x
2002-12-31 CN¥1.32 CN¥41.02 x
2003-12-31 CN¥1.43 CN¥41.02 x
2004-12-31 CN¥1.36 CN¥41.02 x
2005-12-31 CN¥1.44 CN¥41.02 x
2006-12-31 CN¥1.01 CN¥41.02 x
2007-12-31 CN¥0.87 CN¥41.02 x
2008-12-31 CN¥0.85 CN¥41.02 x
2009-12-31 CN¥1.67 CN¥41.02 x
2010-12-31 CN¥1.71 CN¥41.02 x
2011-12-31 CN¥1.71 CN¥41.02 x
2012-12-31 CN¥1.66 CN¥41.02 x
2013-12-31 CN¥2.29 CN¥41.02 x
2014-12-31 CN¥2.36 CN¥41.02 x
2015-12-31 CN¥2.38 CN¥41.02 x
2016-12-31 CN¥2.51 CN¥41.02 x
2017-12-31 CN¥2.52 CN¥41.02 x
2018-12-31 CN¥2.65 CN¥41.02 x
2019-12-31 CN¥2.83 CN¥41.02 x
2020-12-31 CN¥2.80 CN¥41.02 x
2021-12-31 CN¥2.85 CN¥41.02 x
2022-12-31 CN¥3.25 CN¥41.02 x
2023-12-31 CN¥3.04 CN¥41.02 x
2024-12-31 CN¥2.42 CN¥41.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China National Software & Service Co Ltd 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): -19.83%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.94%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 4.11x
  • Recent ROE (-19.83%) is below the historical average (8.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 63.65% 12.74% 1.68x 2.98x CN¥10.58 Million
2000 33.29% 11.88% 1.39x 2.02x CN¥14.15 Million
2001 40.20% 9.26% 1.99x 2.18x CN¥22.62 Million
2002 9.34% 8.51% 0.83x 1.32x CN¥-2.78 Million
2003 7.85% 6.60% 0.68x 1.75x CN¥-9.88 Million
2004 10.68% 6.66% 0.70x 2.28x CN¥2.97 Million
2005 11.14% 4.46% 0.76x 3.29x CN¥5.25 Million
2006 9.95% 3.90% 0.79x 3.21x CN¥-299.36K
2007 11.18% 3.40% 0.78x 4.21x CN¥6.84 Million
2008 7.34% 2.08% 0.87x 4.08x CN¥-16.87 Million
2009 1.42% 0.60% 0.85x 2.80x CN¥-87.48 Million
2010 7.11% 3.06% 1.14x 2.04x CN¥-37.68 Million
2011 10.02% 5.54% 0.66x 2.73x CN¥234.46K
2012 4.57% 2.17% 0.77x 2.75x CN¥-68.85 Million
2013 3.36% 2.14% 0.66x 2.38x CN¥-126.06 Million
2014 1.75% 1.04% 0.73x 2.31x CN¥-157.72 Million
2015 2.99% 1.63% 0.66x 2.79x CN¥-138.61 Million
2016 4.96% 2.26% 0.76x 2.89x CN¥-104.09 Million
2017 3.56% 1.52% 0.94x 2.50x CN¥-135.78 Million
2018 5.36% 2.55% 0.81x 2.59x CN¥-101.95 Million
2019 2.72% 1.06% 0.86x 2.97x CN¥-165.45 Million
2020 2.95% 0.92% 0.85x 3.76x CN¥-162.86 Million
2021 3.12% 0.73% 0.95x 4.50x CN¥-166.80 Million
2022 1.84% 0.48% 0.94x 4.12x CN¥-203.27 Million
2023 -10.21% -3.46% 0.73x 4.06x CN¥-460.62 Million
2024 -19.83% -7.94% 0.61x 4.11x CN¥-620.76 Million

Industry Comparison

This section compares China National Software & Service Co Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $3,048,736,079
  • Average return on equity (ROE) among peers: 11.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China National Software & Service Co Ltd (600536) CN¥5.95 Billion 63.65% 0.69x $2.98 Billion
Digital China Information Service Co Ltd (000555) $-125.57 Million 0.00% 0.00x $1.17 Billion
Fujian Newland Computer Co Ltd (000997) $6.71 Billion 14.96% 0.97x $2.06 Billion
YGSOFT Inc (002063) $2.10 Billion 8.22% 0.19x $1.26 Billion
Dhc Software Co Ltd (002065) $8.61 Billion 13.26% 0.30x $2.40 Billion
Zhejiang Netsun Co Ltd (002095) $1.07 Billion 1.80% 0.22x $322.94 Million
Montnets Cloud Technology Group Co Ltd (002123) $51.79 Million 15.64% 0.90x $953.24 Million
Beijing Shiji Information Technology Co Ltd (002153) $1.13 Billion 23.47% 0.16x $1.00 Billion
Shanghai 2345 Network Holding Group (002195) $10.18 Billion 7.45% 0.12x $6.64 Billion
Iflytek Co Ltd (002230) $599.04 Million 13.40% 0.22x $12.29 Billion
Wisesoft Co Ltd (002253) $171.84 Million 15.22% 0.51x $265.79 Million