CETC Digital Technology Co Ltd

SHG:600850 China Software - Infrastructure
Market Cap
$2.39 Billion
CN¥17.52 Billion CNY
Market Cap Rank
#6486 Global
#994 in China
Share Price
CN¥25.76
Change (1 day)
-2.16%
52-Week Range
CN¥21.92 - CN¥35.38
All Time High
CN¥35.48
Categories
Companies in China Software - Infrastructure Technology AI & Machine Learning
About

CETC Digital Technology Co.,Ltd. provides software and information technology services in China. It operates through the Digital Products, Industry Digitalization, and Digital New Infrastructure segments. The company provides software and hardware products, including embedded computers, signal processing, high-speed network switching, data recording storage, and information processing products, w… Read more

CETC Digital Technology Co Ltd (600850) - Net Assets

Latest net assets as of September 2025: CN¥4.92 Billion CNY

Based on the latest financial reports, CETC Digital Technology Co Ltd (600850) has net assets worth CN¥4.92 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¥11.15 Billion) and total liabilities (CN¥6.23 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¥4.92 Billion
% of Total Assets 44.14%
Annual Growth Rate 13.67%
5-Year Change 70.67%
10-Year Change 166.64%
Growth Volatility 46.86

CETC Digital Technology Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how CETC Digital 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 CETC Digital Technology Co Ltd (1994–2024)

The table below shows the annual net assets of CETC Digital Technology Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.95 Billion +4.39%
2023-12-31 CN¥4.74 Billion +9.57%
2022-12-31 CN¥4.33 Billion +38.27%
2021-12-31 CN¥3.13 Billion +7.92%
2020-12-31 CN¥2.90 Billion +6.08%
2019-12-31 CN¥2.73 Billion +9.07%
2018-12-31 CN¥2.51 Billion +12.24%
2017-12-31 CN¥2.23 Billion +10.50%
2016-12-31 CN¥2.02 Billion +8.87%
2015-12-31 CN¥1.86 Billion +21.34%
2014-12-31 CN¥1.53 Billion +15.08%
2013-12-31 CN¥1.33 Billion +4.03%
2012-12-31 CN¥1.28 Billion +261.36%
2011-12-31 CN¥353.57 Million +6.19%
2010-12-31 CN¥332.98 Million -2.31%
2009-12-31 CN¥340.85 Million +7.78%
2008-12-31 CN¥316.26 Million +8.43%
2007-12-31 CN¥291.67 Million +7.46%
2006-12-31 CN¥271.41 Million +5.57%
2005-12-31 CN¥257.10 Million +9.93%
2004-12-31 CN¥233.88 Million +3.57%
2003-12-31 CN¥225.82 Million +2.79%
2002-12-31 CN¥219.68 Million -5.14%
2001-12-31 CN¥231.58 Million -2.92%
2000-12-31 CN¥238.54 Million +62.54%
1999-12-31 CN¥146.76 Million +7.44%
1998-12-31 CN¥136.59 Million +12.15%
1997-12-31 CN¥121.80 Million +12.61%
1996-12-31 CN¥108.16 Million +7.10%
1995-12-31 CN¥100.98 Million -4.57%
1994-12-31 CN¥105.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to CETC Digital 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 grown by 58589.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.52 Billion 72.74%
Common Stock CN¥685.62 Million 14.17%
Other Comprehensive Income CN¥207.09 Million 4.28%
Other Components CN¥426.31 Million 8.81%
Total Equity CN¥4.84 Billion 100.00%

CETC Digital Technology Co Ltd Competitors by Market Cap

The table below lists competitors of CETC Digital Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Brickworks Limited
PINK:BRKWF
 		$1.23 Billion
SBT Ultrasonic Technology Co. Ltd. A
SHG:688392
 		$1.23 Billion
ConnectOne Bancorp Inc
NASDAQ:CNOB
 		$1.23 Billion
Jumia Technologies AG
NYSE:JMIA
 		$1.23 Billion
KPIT Technologies Limited
NSE:KPITTECH
 		$1.23 Billion
BRIGHTSPH. INV.GRP. -001
F:2B9
 		$1.23 Billion
Electrolux AB Class B
LSE:0MDT
 		$1.23 Billion
Ecovyst Inc
NYSE:ECVT
 		$1.23 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,512,660,000 to 4,838,060,000, a change of 325,400,000 (7.2%).
  • Net income of 550,560,962 contributed positively to equity growth.
  • Dividend payments of 317,339,000 reduced retained earnings.
  • Other comprehensive income increased equity by 207,085,743.
  • Other factors decreased equity by 114,907,705.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥550.56 Million +11.38%
Dividends Paid CN¥317.34 Million -6.56%
Other Comprehensive Income CN¥207.09 Million +4.28%
Other Changes CN¥-114.91 Million -2.38%
Total Change CN¥- 7.21%

Book Value vs Market Value Analysis

This analysis compares CETC Digital 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: 3.66x
  • 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 54.28x to 3.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.47 CN¥25.76 x
1995-12-31 CN¥0.45 CN¥25.76 x
1996-12-31 CN¥0.49 CN¥25.76 x
1997-12-31 CN¥0.54 CN¥25.76 x
1998-12-31 CN¥0.60 CN¥25.76 x
1999-12-31 CN¥0.62 CN¥25.76 x
2000-12-31 CN¥0.96 CN¥25.76 x
2001-12-31 CN¥1.02 CN¥25.76 x
2002-12-31 CN¥0.89 CN¥25.76 x
2003-12-31 CN¥0.90 CN¥25.76 x
2004-12-31 CN¥0.92 CN¥25.76 x
2005-12-31 CN¥0.95 CN¥25.76 x
2006-12-31 CN¥0.99 CN¥25.76 x
2007-12-31 CN¥0.80 CN¥25.76 x
2008-12-31 CN¥0.83 CN¥25.76 x
2009-12-31 CN¥0.86 CN¥25.76 x
2010-12-31 CN¥0.94 CN¥25.76 x
2011-12-31 CN¥0.52 CN¥25.76 x
2012-12-31 CN¥2.16 CN¥25.76 x
2013-12-31 CN¥2.27 CN¥25.76 x
2014-12-31 CN¥2.59 CN¥25.76 x
2015-12-31 CN¥3.02 CN¥25.76 x
2016-12-31 CN¥3.39 CN¥25.76 x
2017-12-31 CN¥3.80 CN¥25.76 x
2018-12-31 CN¥4.26 CN¥25.76 x
2019-12-31 CN¥4.62 CN¥25.76 x
2020-12-31 CN¥4.91 CN¥25.76 x
2021-12-31 CN¥6.04 CN¥25.76 x
2022-12-31 CN¥6.42 CN¥25.76 x
2023-12-31 CN¥6.55 CN¥25.76 x
2024-12-31 CN¥7.03 CN¥25.76 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CETC Digital 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): 11.38%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.14%
  • • Asset Turnover: 0.90x
  • • Equity Multiplier: 2.47x
  • Recent ROE (11.38%) is above the historical average (8.55%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 7.08% 4.13% 1.01x 1.70x CN¥-3.09 Million
1995 5.36% 2.27% 1.37x 1.72x CN¥-4.69 Million
1996 5.88% 1.42% 2.03x 2.05x CN¥-4.45 Million
1997 10.30% 1.62% 1.95x 3.26x CN¥359.80K
1998 10.82% 1.81% 2.05x 2.91x CN¥1.10 Million
1999 11.87% 1.36% 2.38x 3.67x CN¥2.57 Million
2000 5.56% 0.85% 2.63x 2.48x CN¥-9.46 Million
2001 6.44% 2.56% 1.10x 2.30x CN¥-8.13 Million
2002 -14.94% -3.75% 1.45x 2.74x CN¥-49.60 Million
2003 1.32% 0.27% 1.66x 2.99x CN¥-17.48 Million
2004 1.68% 0.37% 1.54x 2.98x CN¥-17.08 Million
2005 2.67% 0.52% 1.70x 3.00x CN¥-15.46 Million
2006 3.47% 0.63% 1.85x 2.95x CN¥-14.36 Million
2007 5.17% 0.87% 2.00x 2.98x CN¥-11.21 Million
2008 2.92% 0.56% 1.64x 3.18x CN¥-16.87 Million
2009 2.46% 0.61% 1.26x 3.22x CN¥-18.87 Million
2010 5.26% 0.94% 1.85x 3.02x CN¥-12.80 Million
2011 6.88% 1.05% 1.93x 3.40x CN¥-8.76 Million
2012 16.26% 3.85% 1.61x 2.62x CN¥73.58 Million
2013 19.74% 4.37% 1.52x 2.98x CN¥120.33 Million
2014 17.75% 4.34% 1.49x 2.74x CN¥109.02 Million
2015 18.46% 5.05% 1.27x 2.88x CN¥140.29 Million
2016 14.78% 4.54% 1.17x 2.77x CN¥88.92 Million
2017 13.81% 4.38% 1.16x 2.71x CN¥79.63 Million
2018 12.90% 4.14% 1.17x 2.67x CN¥67.94 Million
2019 12.57% 4.13% 1.11x 2.73x CN¥65.78 Million
2020 11.65% 3.91% 0.97x 3.07x CN¥45.02 Million
2021 11.88% 4.20% 0.98x 2.87x CN¥63.01 Million
2022 12.64% 5.28% 0.89x 2.70x CN¥108.79 Million
2023 11.01% 4.97% 0.88x 2.53x CN¥45.77 Million
2024 11.38% 5.14% 0.90x 2.47x CN¥66.75 Million

Industry Comparison

This section compares CETC Digital Technology Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

  • Industry: Software - Infrastructure
  • Average net assets among peers: $1,637,103,223
  • Average return on equity (ROE) among peers: -51.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CETC Digital Technology Co Ltd (600850) CN¥4.92 Billion 7.08% 1.27x $1.23 Billion
Eastcompeace Technology Co Ltd (002017) $418.66 Million 5.29% 0.42x $898.39 Million
Wiscom System Co Ltd (002090) $135.58 Million 19.66% 1.16x $607.71 Million
Topsec Technologies Group Inc (002212) $1.70 Billion 5.53% 0.32x $1.09 Billion
Focus Technology Co Ltd (002315) $120.67 Million 53.17% 0.63x $904.68 Million
Beijing Venustech Inc (002439) $1.80 Billion 13.57% 0.57x $1.27 Billion
Maxvision Technology Corp (002990) $199.04 Million 23.56% 1.02x $346.02 Million
Wangsu Science Tech (300017) $7.97 Billion 10.42% 0.29x $4.01 Billion
Shenzhen Tianyuan Dic Info Tech (300047) $3.45 Billion 3.82% 0.75x $921.82 Million
Shenzhen InfoGem Technologies Co Ltd (300085) $515.71 Million 3.50% 0.02x $2.45 Billion
TIZA Information Industry Corporation Inc (300209) $56.50 Million -649.13% 13.39x $1.01 Billion