Beijing Vastdata Technology Co Ltd
Beijing Vastdata Technology Co., Ltd. provides database products and services in China. The company offers databases, data computations, and data storage products. Its products are used in government, manufacturing, finance, telecommunications, energy, and transportation industries. The company was founded in 2007 and is based in Beijing, China.
Beijing Vastdata Technology Co Ltd (603138) - Net Assets
Latest net assets as of September 2025: CN¥757.62 Million CNY
Based on the latest financial reports, Beijing Vastdata Technology Co Ltd (603138) has net assets worth CN¥757.62 Million 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¥1.03 Billion) and total liabilities (CN¥269.78 Million). 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¥757.62 Million |
| % of Total Assets | 73.74% |
| Annual Growth Rate | 26.02% |
| 5-Year Change | 57.46% |
| 10-Year Change | 517.67% |
| Growth Volatility | 38.98 |
Beijing Vastdata Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Beijing Vastdata 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 Beijing Vastdata Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Beijing Vastdata Technology Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥802.83 Million | +0.89% |
| 2023-12-31 | CN¥795.77 Million | -8.38% |
| 2022-12-31 | CN¥868.55 Million | -6.03% |
| 2021-12-31 | CN¥924.33 Million | +81.29% |
| 2020-12-31 | CN¥509.87 Million | +4.57% |
| 2019-12-31 | CN¥487.60 Million | +12.47% |
| 2018-12-31 | CN¥433.53 Million | +13.88% |
| 2017-12-31 | CN¥380.68 Million | +131.07% |
| 2016-12-31 | CN¥164.75 Million | +26.75% |
| 2015-12-31 | CN¥129.98 Million | +22.47% |
| 2014-12-31 | CN¥106.13 Million | +43.76% |
| 2013-12-31 | CN¥73.82 Million | +47.58% |
| 2012-12-31 | CN¥50.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Vastdata 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 101.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥294.33 Million | 36.07% |
| Other Components | CN¥522.05 Million | 63.97% |
| Total Equity | CN¥816.08 Million | 100.00% |
Beijing Vastdata Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Vastdata Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rainbow Department Store Co Ltd
SHE:002419
|
$435.54 Million |
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
$435.68 Million |
|
Cytek Biosciences Inc
NASDAQ:CTKB
|
$435.69 Million |
|
Bank Tabungan Negara Persero
JK:BBTN
|
$435.78 Million |
|
Grandtop Yongxing Group Co.,Ltd
SHG:601033
|
$435.46 Million |
|
Atea ASA
PINK:ATEAY
|
$435.40 Million |
|
Jiangsu Wuyang Parking Industry Group Co Ltd
SHE:300420
|
$435.39 Million |
|
Inly Media Co Ltd
SHG:603598
|
$435.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Vastdata Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 820,853,414 to 816,079,979, a change of -4,773,435 (-0.6%).
- Net loss of 63,327,031 reduced equity.
- Dividend payments of 77,159 reduced retained earnings.
- Share repurchases of 2,588,960 reduced equity.
- Other factors increased equity by 61,219,715.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-63.33 Million | -7.76% |
| Dividends Paid | CN¥77.16K | -0.01% |
| Share Repurchases | CN¥2.59 Million | -0.32% |
| Other Changes | CN¥61.22 Million | +7.5% |
| Total Change | CN¥- | -0.58% |
Book Value vs Market Value Analysis
This analysis compares Beijing Vastdata 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: 7.16x
- 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 74.45x to 7.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.27 | CN¥20.30 | x |
| 2013-12-31 | CN¥0.40 | CN¥20.30 | x |
| 2014-12-31 | CN¥0.57 | CN¥20.30 | x |
| 2015-12-31 | CN¥0.69 | CN¥20.30 | x |
| 2016-12-31 | CN¥0.88 | CN¥20.30 | x |
| 2017-12-31 | CN¥1.52 | CN¥20.30 | x |
| 2018-12-31 | CN¥1.74 | CN¥20.30 | x |
| 2019-12-31 | CN¥1.95 | CN¥20.30 | x |
| 2020-12-31 | CN¥2.04 | CN¥20.30 | x |
| 2021-12-31 | CN¥3.37 | CN¥20.30 | x |
| 2022-12-31 | CN¥3.17 | CN¥20.30 | x |
| 2023-12-31 | CN¥2.93 | CN¥20.30 | x |
| 2024-12-31 | CN¥2.84 | CN¥20.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Vastdata 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): -7.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.00%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.29x
- Recent ROE (-7.76%) is below the historical average (12.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 29.10% | 7.42% | 1.20x | 3.27x | CN¥9.55 Million |
| 2013 | 26.28% | 7.67% | 1.34x | 2.55x | CN¥12.01 Million |
| 2014 | 29.87% | 9.43% | 1.21x | 2.62x | CN¥20.84 Million |
| 2015 | 27.87% | 9.24% | 1.20x | 2.51x | CN¥23.19 Million |
| 2016 | 26.28% | 9.27% | 1.17x | 2.42x | CN¥27.01 Million |
| 2017 | 14.89% | 10.98% | 0.85x | 1.59x | CN¥18.68 Million |
| 2018 | 12.44% | 10.09% | 0.81x | 1.51x | CN¥10.61 Million |
| 2019 | 12.01% | 10.66% | 0.80x | 1.41x | CN¥9.81 Million |
| 2020 | 6.71% | 8.74% | 0.55x | 1.40x | CN¥-16.96 Million |
| 2021 | 0.55% | 1.22% | 0.38x | 1.17x | CN¥-88.76 Million |
| 2022 | -7.72% | -22.62% | 0.30x | 1.15x | CN¥-157.23 Million |
| 2023 | -9.89% | -31.01% | 0.29x | 1.11x | CN¥-163.27 Million |
| 2024 | -7.76% | -17.00% | 0.35x | 1.29x | CN¥-144.94 Million |
Industry Comparison
This section compares Beijing Vastdata Technology Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,406,142,259
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Vastdata Technology Co Ltd (603138) | CN¥757.62 Million | 29.10% | 0.36x | $435.49 Million |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| SZZT Electronics Co Ltd (002197) | $1.08 Billion | 5.10% | 0.54x | $534.28 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |