Yonyou Network Technology Co Ltd

SHG:600588 China Software - Application
Market Cap
$6.15 Billion
CN¥45.14 Billion CNY
Market Cap Rank
#3898 Global
#358 in China
Share Price
CN¥13.21
Change (1 day)
-2.58%
52-Week Range
CN¥12.28 - CN¥19.01
All Time High
CN¥149.43
Categories
Companies in China Software - Application Technology AI & Machine Learning
About

Yonyou Network Technology Co.,Ltd., together with its subsidiaries, provides digital software and services to enterprises and public organizations in China and internationally. The company operates YonBIP, a business innovation platform that offers cloud services; and Chanjet, which provides digital finance, taxation, and digital business cloud services, as well as provides community and customer… Read more

Yonyou Network Technology Co Ltd (600588) - Net Assets

Latest net assets as of September 2025: CN¥8.97 Billion CNY

Based on the latest financial reports, Yonyou Network Technology Co Ltd (600588) has net assets worth CN¥8.97 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¥21.51 Billion) and total liabilities (CN¥12.54 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¥8.97 Billion
% of Total Assets 41.71%
Annual Growth Rate 20.4%
5-Year Change 14.65%
10-Year Change 61.64%
Growth Volatility 209.4

Yonyou Network Technology Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Yonyou Network Technology 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 Yonyou Network Technology Co Ltd (1998–2024)

The table below shows the annual net assets of Yonyou Network Technology Co Ltd from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.80 Billion -16.98%
2023-12-31 CN¥11.80 Billion -5.71%
2022-12-31 CN¥12.52 Billion +57.93%
2021-12-31 CN¥7.93 Billion -7.27%
2020-12-31 CN¥8.55 Billion +3.05%
2019-12-31 CN¥8.29 Billion +8.39%
2018-12-31 CN¥7.65 Billion +13.51%
2017-12-31 CN¥6.74 Billion +5.52%
2016-12-31 CN¥6.39 Billion +5.37%
2015-12-31 CN¥6.06 Billion +36.47%
2014-12-31 CN¥4.44 Billion +32.10%
2013-12-31 CN¥3.36 Billion +9.42%
2012-12-31 CN¥3.07 Billion +1.53%
2011-12-31 CN¥3.03 Billion +17.98%
2010-12-31 CN¥2.57 Billion -1.82%
2009-12-31 CN¥2.61 Billion +23.26%
2008-12-31 CN¥2.12 Billion -12.50%
2007-12-31 CN¥2.42 Billion +85.03%
2006-12-31 CN¥1.31 Billion +6.31%
2005-12-31 CN¥1.23 Billion +6.21%
2004-12-31 CN¥1.16 Billion +2.63%
2003-12-31 CN¥1.13 Billion +8.73%
2002-12-31 CN¥1.04 Billion +3.27%
2001-12-31 CN¥1.01 Billion +1094.93%
2000-12-31 CN¥84.23 Million +8.19%
1999-12-31 CN¥77.86 Million -0.75%
1998-12-31 CN¥78.44 Million --

Equity Component Analysis

This analysis shows how different components contribute to Yonyou Network Technology 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 decreased by 7766.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥3.42 Billion 41.44%
Other Comprehensive Income CN¥9.52 Million 0.12%
Other Components CN¥6.01 Billion 72.85%
Total Equity CN¥8.25 Billion 100.00%

Yonyou Network Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Yonyou Network Technology Co Ltd ranked by their market capitalization.

Company Market Cap
ING Bank Śląski SA
WAR:ING
 		$3.05 Billion
Ningbo Shanshan Co Ltd
SHG:600884
 		$3.05 Billion
Mobimo Hldg
SW:MOBN
 		$3.05 Billion
Klarna Group plc
NYSE:KLAR
 		$3.06 Billion
Azelis Group NV
PINK:AZLGF
 		$3.05 Billion
Griffon Corporation
NYSE:GFF
 		$3.05 Billion
Metso Outotec Corp OTC
PINK:OUKPY
 		$3.05 Billion
WeRide Inc. American Depositary Shares
NASDAQ:WRD
 		$3.05 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yonyou Network Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,152,400,758 to 8,246,605,925, a change of -1,905,794,833 (-18.8%).
  • Net loss of 2,061,309,357 reduced equity.
  • Dividend payments of 188,475,864 reduced retained earnings.
  • Share repurchases of 290,847,030 reduced equity.
  • Other comprehensive income increased equity by 2,769,401.
  • Other factors increased equity by 632,068,017.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.06 Billion -25.0%
Dividends Paid CN¥188.48 Million -2.29%
Share Repurchases CN¥290.85 Million -3.53%
Other Comprehensive Income CN¥2.77 Million +0.03%
Other Changes CN¥632.07 Million +7.66%
Total Change CN¥- -18.77%

Book Value vs Market Value Analysis

This analysis compares Yonyou Network Technology 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: 5.33x
  • 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 579.55x to 5.33x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.02 CN¥13.21 x
1999-12-31 CN¥0.02 CN¥13.21 x
2000-12-31 CN¥0.02 CN¥13.21 x
2001-12-31 CN¥0.29 CN¥13.21 x
2002-12-31 CN¥0.30 CN¥13.21 x
2003-12-31 CN¥0.40 CN¥13.21 x
2004-12-31 CN¥0.41 CN¥13.21 x
2005-12-31 CN¥0.43 CN¥13.21 x
2006-12-31 CN¥0.49 CN¥13.21 x
2007-12-31 CN¥0.83 CN¥13.21 x
2008-12-31 CN¥0.70 CN¥13.21 x
2009-12-31 CN¥0.86 CN¥13.21 x
2010-12-31 CN¥0.82 CN¥13.21 x
2011-12-31 CN¥0.96 CN¥13.21 x
2012-12-31 CN¥0.97 CN¥13.21 x
2013-12-31 CN¥1.07 CN¥13.21 x
2014-12-31 CN¥1.32 CN¥13.21 x
2015-12-31 CN¥1.78 CN¥13.21 x
2016-12-31 CN¥1.84 CN¥13.21 x
2017-12-31 CN¥1.87 CN¥13.21 x
2018-12-31 CN¥2.06 CN¥13.21 x
2019-12-31 CN¥2.20 CN¥13.21 x
2020-12-31 CN¥2.34 CN¥13.21 x
2021-12-31 CN¥2.16 CN¥13.21 x
2022-12-31 CN¥3.40 CN¥13.21 x
2023-12-31 CN¥3.02 CN¥13.21 x
2024-12-31 CN¥2.48 CN¥13.21 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yonyou Network Technology 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): -25.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -22.52%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 2.93x
  • Recent ROE (-25.00%) is below the historical average (12.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 27.98% 17.02% 0.95x 1.72x CN¥14.08 Million
1999 45.22% 18.94% 1.43x 1.67x CN¥27.31 Million
2000 47.76% 18.81% 1.31x 1.94x CN¥31.66 Million
2001 7.02% 21.11% 0.29x 1.17x CN¥-29.83 Million
2002 8.86% 18.76% 0.40x 1.18x CN¥-11.79 Million
2003 6.72% 12.45% 0.47x 1.15x CN¥-36.48 Million
2004 6.05% 9.57% 0.54x 1.17x CN¥-45.28 Million
2005 8.19% 9.88% 0.67x 1.24x CN¥-21.85 Million
2006 13.44% 15.57% 0.69x 1.25x CN¥44.38 Million
2007 14.97% 26.57% 0.45x 1.26x CN¥119.60 Million
2008 18.94% 22.91% 0.55x 1.49x CN¥186.66 Million
2009 23.01% 25.30% 0.61x 1.48x CN¥335.64 Million
2010 13.14% 11.15% 0.63x 1.89x CN¥79.43 Million
2011 18.16% 13.02% 0.75x 1.85x CN¥241.23 Million
2012 12.68% 8.96% 0.69x 2.06x CN¥80.25 Million
2013 16.98% 12.56% 0.60x 2.24x CN¥225.18 Million
2014 13.80% 12.58% 0.50x 2.21x CN¥151.63 Million
2015 5.87% 7.27% 0.41x 1.98x CN¥-228.14 Million
2016 3.47% 3.86% 0.42x 2.14x CN¥-371.42 Million
2017 6.65% 6.13% 0.45x 2.40x CN¥-195.84 Million
2018 9.32% 7.95% 0.51x 2.32x CN¥-44.94 Million
2019 16.49% 13.90% 0.49x 2.45x CN¥465.73 Million
2020 13.06% 11.55% 0.50x 2.25x CN¥231.16 Million
2021 10.13% 7.92% 0.52x 2.48x CN¥9.02 Million
2022 1.91% 2.37% 0.39x 2.06x CN¥-926.94 Million
2023 -9.53% -9.87% 0.38x 2.51x CN¥-1.98 Billion
2024 -25.00% -22.52% 0.38x 2.93x CN¥-2.89 Billion

Industry Comparison

This section compares Yonyou Network Technology Co Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $2,699,797,925
  • Average return on equity (ROE) among peers: 8.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Yonyou Network Technology Co Ltd (600588) CN¥8.97 Billion 27.98% 1.40x $3.05 Billion
Fujian Newland Computer Co Ltd (000997) $1.34 Billion 5.63% 0.44x $2.13 Billion
YGSOFT Inc (002063) $2.58 Billion 8.78% 0.13x $1.29 Billion
Dhc Software Co Ltd (002065) $9.02 Billion 7.36% 0.57x $2.43 Billion
Zhejiang Netsun Co Ltd (002095) $455.62 Million 7.10% 0.15x $321.69 Million
Montnets Cloud Technology Group Co Ltd (002123) $148.15 Million 34.25% 0.76x $965.78 Million
Beijing Shiji Information Technology Co Ltd (002153) $9.16 Billion -0.74% 0.16x $1.02 Billion
Shanghai 2345 Network Holding Group (002195) $277.79 Million 7.30% 0.13x $6.89 Billion
Iflytek Co Ltd (002230) $599.04 Million 13.40% 0.22x $12.52 Billion
Wisesoft Co Ltd (002253) $1.43 Billion -4.28% 0.22x $253.13 Million
Beijing Join-Cheer Software Co Ltd (002279) $1.98 Billion 6.83% 0.26x $727.41 Million