Cashway Technology Co Ltd (603106) - Net Assets

Latest as of March 2026: CN¥1.32 Billion CNY ≈ $193.82 Million USD

Based on the latest financial reports, Cashway Technology Co Ltd (603106) has net assets worth CN¥1.32 Billion CNY (≈ $193.82 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¥1.63 Billion ≈ $239.14 Million USD) and total liabilities (CN¥309.68 Million ≈ $45.32 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 Cashway Technology Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.32 Billion
% of Total Assets	81.05%
Annual Growth Rate	14.96%
5-Year Change	-18.7%
10-Year Change	80.4%
Growth Volatility	36.37

Cashway Technology Co Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Cashway Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603106 market cap overview.

Annual Net Assets for Cashway Technology Co Ltd (2013–2025)

The table below shows the annual net assets of Cashway Technology Co Ltd from 2013 to 2025. Also explore 603106 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥1.32 Billion ≈ $193.40 Million	+1.22%
2024-12-31	CN¥1.31 Billion ≈ $191.08 Million	+3.17%
2023-12-31	CN¥1.27 Billion ≈ $185.21 Million	-14.11%
2022-12-31	CN¥1.47 Billion ≈ $215.64 Million	-9.35%
2021-12-31	CN¥1.63 Billion ≈ $237.89 Million	-0.31%
2020-12-31	CN¥1.63 Billion ≈ $238.62 Million	+2.06%
2019-12-31	CN¥1.60 Billion ≈ $233.80 Million	-3.53%
2018-12-31	CN¥1.66 Billion ≈ $242.35 Million	+4.62%
2017-12-31	CN¥1.58 Billion ≈ $231.64 Million	+116.07%
2016-12-31	CN¥732.65 Million ≈ $107.21 Million	+24.44%
2015-12-31	CN¥588.74 Million ≈ $86.15 Million	+47.04%
2014-12-31	CN¥400.40 Million ≈ $58.59 Million	+61.36%
2013-12-31	CN¥248.14 Million ≈ $36.31 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Cashway 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 115.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥1.33 Billion	100.58%
Total Equity	CN¥1.32 Billion	100.00%

Cashway Technology Co Ltd Competitors by Market Cap

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

Company	Market Cap
Huamei Holding SHE:000607	$558.45 Million
Zhangjiagang Freetrade Science and Technology Co Ltd SHG:600794	$558.47 Million
Invesco Value Municipal Income Closed Fund NYSE:IIM	$558.63 Million
Patriot Battery Metals Inc AU:PMT	$558.69 Million
AB Sagax (publ) ST:SAGA-D	$558.30 Million
MSC Income Fund, Inc. NYSE:MSIF	$558.20 Million
Vatti Corp Ltd SHE:002035	$558.17 Million
Propert & Buil TA:PTBL	$558.16 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,305,783,778 to 1,321,332,456, a change of 15,548,678 (1.2%).
Net income of 31,164,278 contributed positively to equity growth.
Dividend payments of 15,615,600 reduced retained earnings.
Other comprehensive income decreased equity by 48,569,808.
Other factors increased equity by 48,569,808.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥31.16 Million	+2.36%
Dividends Paid	CN¥15.62 Million	-1.18%
Other Comprehensive Income	CN¥-48.57 Million	-3.68%
Other Changes	CN¥48.57 Million	+3.68%
Total Change	CN¥-	1.19%

Book Value vs Market Value Analysis

This analysis compares Cashway 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: 2.89x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 11.41x to 2.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	CN¥0.64	CN¥7.33	x
2014-12-31	CN¥1.03	CN¥7.33	x
2015-12-31	CN¥1.53	CN¥7.33	x
2016-12-31	CN¥1.89	CN¥7.33	x
2017-12-31	CN¥3.77	CN¥7.33	x
2018-12-31	CN¥3.18	CN¥7.33	x
2019-12-31	CN¥3.03	CN¥7.33	x
2020-12-31	CN¥3.02	CN¥7.33	x
2021-12-31	CN¥3.42	CN¥7.33	x
2022-12-31	CN¥2.81	CN¥7.33	x
2023-12-31	CN¥2.43	CN¥7.33	x
2024-12-31	CN¥2.60	CN¥7.33	x
2025-12-31	CN¥2.54	CN¥7.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cashway 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): 2.36%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.58%
• Asset Turnover: 0.22x
• Equity Multiplier: 1.26x
Recent ROE (2.36%) is below the historical average (5.90%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	23.54%	11.46%	0.53x	3.87x	CN¥33.59 Million
2014	15.92%	9.29%	0.69x	2.49x	CN¥23.68 Million
2015	24.01%	15.49%	0.69x	2.23x	CN¥82.46 Million
2016	19.64%	12.31%	0.63x	2.53x	CN¥70.64 Million
2017	9.43%	10.05%	0.64x	1.47x	CN¥-9.09 Million
2018	4.83%	8.22%	0.42x	1.40x	CN¥-85.55 Million
2019	-2.54%	-3.97%	0.38x	1.67x	CN¥-200.31 Million
2020	1.99%	3.51%	0.36x	1.57x	CN¥-130.64 Million
2021	1.17%	2.66%	0.29x	1.51x	CN¥-143.55 Million
2022	-10.32%	-25.99%	0.26x	1.50x	CN¥-299.42 Million
2023	-16.43%	-48.74%	0.23x	1.44x	CN¥-334.54 Million
2024	3.07%	9.17%	0.25x	1.33x	CN¥-90.45 Million
2025	2.36%	8.58%	0.22x	1.26x	CN¥-100.97 Million

Industry Comparison

This section compares Cashway Technology Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.

Industry Context

Industry: Business Equipment & Supplies
Average net assets among peers: $956,283,833
Average return on equity (ROE) among peers: 13.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Cashway Technology Co Ltd (603106)	CN¥1.32 Billion	23.54%	0.23x	$558.31 Million
Shaanxi Fenghuo Electronics Co Ltd (000561)	$1.89 Billion	-8.04%	1.22x	$965.95 Million
Guangbo Group Stock Co Ltd (002103)	$153.33 Million	25.43%	1.88x	$490.98 Million
Hengbao Co Ltd (002104)	$1.25 Billion	23.35%	0.27x	$1.17 Billion
GRG Banking Equipment Co Ltd (002152)	$85.10 Million	35.51%	1.98x	$3.38 Billion
Guangzhou KingTeller Technology Co Ltd (002177)	$1.69 Billion	0.81%	0.22x	$618.19 Million
Shenzhen Comix Group Co Ltd (002301)	$1.13 Billion	2.57%	0.70x	$822.23 Million
Shandong New Beiyang Information Technology Co Ltd (002376)	$181.38 Million	26.22%	0.52x	$755.55 Million
Suzhou Goldengreen Technologies Ltd (002808)	$229.37 Million	17.06%	0.19x	$8.65 Million
Xgd Inc (300130)	$2.82 Billion	1.59%	0.37x	$1.48 Billion
Wuhan Tianyu Info Industry (300205)	$131.64 Million	12.99%	1.22x	$308.36 Million

About Cashway Technology Co Ltd

SHG:603106 China Business Equipment & Supplies

Market Cap

$558.31 Million

CN¥3.82 Billion CNY

Market Cap Rank

#11695 Global

#3309 in China

Share Price

CN¥7.33

Change (1 day)

-2.40%

52-Week Range

CN¥6.22 - CN¥13.37

All Time High

CN¥21.54