China National Software & Service Co Ltd (600536) - Net Assets
Based on the latest financial reports, China National Software & Service Co Ltd (600536) has net assets worth CN¥6.00 Billion CNY (≈ $877.95 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¥10.74 Billion ≈ $1.57 Billion USD) and total liabilities (CN¥4.74 Billion ≈ $693.87 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 China National Software & Service Co Ltd (600536) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.00 Billion |
| % of Total Assets | 55.86% |
| Annual Growth Rate | 24.75% |
| 5-Year Change | 87.0% |
| 10-Year Change | 112.98% |
| Growth Volatility | 101.09 |
China National Software & Service Co Ltd - Net Assets Trend (1999–2025)
This chart illustrates how China National Software & Service Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600536 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China National Software & Service Co Ltd (1999–2025)
The table below shows the annual net assets of China National Software & Service Co Ltd from 1999 to 2025. For live valuation and market cap data, see market value of China National Software & Service Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.19 Billion ≈ $906.40 Million |
+100.62% |
| 2024-12-31 | CN¥3.09 Billion ≈ $451.79 Million |
-9.96% |
| 2023-12-31 | CN¥3.43 Billion ≈ $501.78 Million |
-3.68% |
| 2022-12-31 | CN¥3.56 Billion ≈ $520.96 Million |
+7.48% |
| 2021-12-31 | CN¥3.31 Billion ≈ $484.71 Million |
+14.79% |
| 2020-12-31 | CN¥2.89 Billion ≈ $422.24 Million |
+4.48% |
| 2019-12-31 | CN¥2.76 Billion ≈ $404.13 Million |
+6.76% |
| 2018-12-31 | CN¥2.59 Billion ≈ $378.53 Million |
+2.51% |
| 2017-12-31 | CN¥2.52 Billion ≈ $369.27 Million |
-13.23% |
| 2016-12-31 | CN¥2.91 Billion ≈ $425.58 Million |
+3.37% |
| 2015-12-31 | CN¥2.81 Billion ≈ $411.70 Million |
+21.05% |
| 2014-12-31 | CN¥2.32 Billion ≈ $340.10 Million |
+0.72% |
| 2013-12-31 | CN¥2.31 Billion ≈ $337.67 Million |
+39.85% |
| 2012-12-31 | CN¥1.65 Billion ≈ $241.45 Million |
+6.29% |
| 2011-12-31 | CN¥1.55 Billion ≈ $227.15 Million |
+1.15% |
| 2010-12-31 | CN¥1.53 Billion ≈ $224.57 Million |
-5.70% |
| 2009-12-31 | CN¥1.63 Billion ≈ $238.13 Million |
+23.69% |
| 2008-12-31 | CN¥1.32 Billion ≈ $192.52 Million |
+9.30% |
| 2007-12-31 | CN¥1.20 Billion ≈ $176.13 Million |
+24.98% |
| 2006-12-31 | CN¥963.10 Million ≈ $140.93 Million |
+34.16% |
| 2005-12-31 | CN¥717.86 Million ≈ $105.04 Million |
+38.97% |
| 2004-12-31 | CN¥516.54 Million ≈ $75.59 Million |
+0.23% |
| 2003-12-31 | CN¥515.33 Million ≈ $75.41 Million |
+13.77% |
| 2002-12-31 | CN¥452.96 Million ≈ $66.28 Million |
+497.31% |
| 2001-12-31 | CN¥75.83 Million ≈ $11.10 Million |
+24.84% |
| 2000-12-31 | CN¥60.74 Million ≈ $8.89 Million |
+208.13% |
| 1999-12-31 | CN¥19.71 Million ≈ $2.88 Million |
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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 918.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥119.37 Million | 3.33% |
| Other Components | CN¥3.47 Billion | 96.67% |
| Total Equity | CN¥3.59 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 |
|---|---|
|
MiniMed Group, Inc. Common Stock
NASDAQ:MMED
|
$3.98 Billion |
|
TRI Pointe Homes Inc
NYSE:TPH
|
$3.98 Billion |
|
Vontobel Holding
SW:VONN
|
$3.98 Billion |
|
Quálitas Controladora S.A.B. de C.V.
MX:Q
|
$3.98 Billion |
|
Welspun Corp Limited
NSE:WELCORP
|
$3.98 Billion |
|
Ypsomed Holding AG
SW:YPSN
|
$3.97 Billion |
|
KRONES AG(UNSP.ADR)1/2/ON
F:KRNU
|
$3.97 Billion |
|
Planet Fitness Inc
NYSE:PLNT
|
$3.97 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 2024 to 2025, total equity changed from 2,081,243,364 to 3,589,179,226, a change of 1,507,935,862 (72.5%).
- Net loss of 41,413,484 reduced equity.
- Dividend payments of 39,716,143 reduced retained earnings.
- Other comprehensive income increased equity by 28,474,774.
- Other factors increased equity by 1,560,590,716.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-41.41 Million | -1.15% |
| Dividends Paid | CN¥39.72 Million | -1.11% |
| Other Comprehensive Income | CN¥28.47 Million | +0.79% |
| Other Changes | CN¥1.56 Billion | +43.48% |
| Total Change | CN¥- | 72.45% |
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: 7.57x
- 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 473.82x to 7.57x 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¥29.11 | x |
| 2000-12-31 | CN¥0.19 | CN¥29.11 | x |
| 2001-12-31 | CN¥0.23 | CN¥29.11 | x |
| 2002-12-31 | CN¥1.32 | CN¥29.11 | x |
| 2003-12-31 | CN¥1.43 | CN¥29.11 | x |
| 2004-12-31 | CN¥1.36 | CN¥29.11 | x |
| 2005-12-31 | CN¥1.44 | CN¥29.11 | x |
| 2006-12-31 | CN¥1.01 | CN¥29.11 | x |
| 2007-12-31 | CN¥0.87 | CN¥29.11 | x |
| 2008-12-31 | CN¥0.85 | CN¥29.11 | x |
| 2009-12-31 | CN¥1.67 | CN¥29.11 | x |
| 2010-12-31 | CN¥1.71 | CN¥29.11 | x |
| 2011-12-31 | CN¥1.71 | CN¥29.11 | x |
| 2012-12-31 | CN¥1.66 | CN¥29.11 | x |
| 2013-12-31 | CN¥2.29 | CN¥29.11 | x |
| 2014-12-31 | CN¥2.36 | CN¥29.11 | x |
| 2015-12-31 | CN¥2.38 | CN¥29.11 | x |
| 2016-12-31 | CN¥2.51 | CN¥29.11 | x |
| 2017-12-31 | CN¥2.52 | CN¥29.11 | x |
| 2018-12-31 | CN¥2.65 | CN¥29.11 | x |
| 2019-12-31 | CN¥2.83 | CN¥29.11 | x |
| 2020-12-31 | CN¥2.80 | CN¥29.11 | x |
| 2021-12-31 | CN¥2.85 | CN¥29.11 | x |
| 2022-12-31 | CN¥3.25 | CN¥29.11 | x |
| 2023-12-31 | CN¥3.04 | CN¥29.11 | x |
| 2024-12-31 | CN¥2.42 | CN¥29.11 | x |
| 2025-12-31 | CN¥3.84 | CN¥29.11 | 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): -1.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.81%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.10x
- Recent ROE (-1.15%) is below the historical average (8.49%), 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 |
| 2025 | -1.15% | -0.81% | 0.46x | 3.10x | CN¥-400.33 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: $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 |
|---|---|---|---|---|
| China National Software & Service Co Ltd (600536) | CN¥6.00 Billion | 63.65% | 0.79x | $3.98 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 China National Software & Service Co Ltd
China National Software & Service Company Limited, together with its subsidiaries, provides basic software and core application solutions in China and internationally. The company offers Galaxy Kylin desktop, Galaxy Kylin advanced server, and Starlight Kylin operating systems; and DM8 database management system, DM distributed database, database appliance DAMENG PAI, Dameng Qiyun database cloud s… Read more