Shanghai Wondertek Software Co Ltd
Shanghai Wondertek Software Co., Ltd provides software products and solutions for video intelligence field in China. It operates through four segments: High-Tech Video Technology Platform, AI Video Big Data Platform, Integrated Media Platform, and Metaverse SAAS Cloud Platform. The company offers online encoding and transcoding products, distributed file transcoding system, and AI image enhanceme… Read more
Shanghai Wondertek Software Co Ltd (603189) - Net Assets
Latest net assets as of September 2025: CN¥1.51 Billion CNY
Based on the latest financial reports, Shanghai Wondertek Software Co Ltd (603189) has net assets worth CN¥1.51 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¥1.60 Billion) and total liabilities (CN¥97.68 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¥1.51 Billion |
| % of Total Assets | 93.91% |
| Annual Growth Rate | 25.25% |
| 5-Year Change | 69.1% |
| 10-Year Change | 344.33% |
| Growth Volatility | 66.46 |
Shanghai Wondertek Software Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai Wondertek Software 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 Shanghai Wondertek Software Co Ltd (2011–2024)
The table below shows the annual net assets of Shanghai Wondertek Software Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion | -3.96% |
| 2023-12-31 | CN¥1.57 Billion | -8.97% |
| 2022-12-31 | CN¥1.72 Billion | +1.56% |
| 2021-12-31 | CN¥1.69 Billion | +90.45% |
| 2020-12-31 | CN¥889.05 Million | +9.14% |
| 2019-12-31 | CN¥814.57 Million | +2.54% |
| 2018-12-31 | CN¥794.40 Million | -1.30% |
| 2017-12-31 | CN¥804.86 Million | +1.92% |
| 2016-12-31 | CN¥789.70 Million | +133.39% |
| 2015-12-31 | CN¥338.35 Million | +7.49% |
| 2014-12-31 | CN¥314.77 Million | +8.91% |
| 2013-12-31 | CN¥289.02 Million | +12.44% |
| 2012-12-31 | CN¥257.05 Million | +219.49% |
| 2011-12-31 | CN¥80.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Wondertek Software 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 421.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥190.43 Million | 12.67% |
| Common Stock | CN¥269.55 Million | 17.93% |
| Other Comprehensive Income | CN¥15.37 Million | 1.02% |
| Other Components | CN¥1.03 Billion | 68.38% |
| Total Equity | CN¥1.50 Billion | 100.00% |
Shanghai Wondertek Software Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Wondertek Software Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amaroq Ltd.
PINK:AMRQF
|
$404.16 Million |
|
SVOLDER AB B O.N.
F:SKD
|
$404.20 Million |
|
Youngy Health Co Ltd
SHE:300247
|
$404.25 Million |
|
BSR Real Estate Investment Trust
PINK:BSRTF
|
$404.42 Million |
|
Shyft Group Inc
NASDAQ:SHYF
|
$403.98 Million |
|
Hainan RuiZe New Building Material Co Ltd
SHE:002596
|
$403.93 Million |
|
Vontron Technology Co Ltd
SHE:000920
|
$403.89 Million |
|
DINGDONG CAYMAN 2ADR/3 A
F:945
|
$403.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Wondertek Software Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,565,448,366 to 1,503,422,809, a change of -62,025,557 (-4.0%).
- Net income of 10,476,947 contributed positively to equity growth.
- Dividend payments of 26,706,835 reduced retained earnings.
- Share repurchases of 25,681,151 reduced equity.
- Other comprehensive income decreased equity by 13,113,494.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥10.48 Million | +0.7% |
| Dividends Paid | CN¥26.71 Million | -1.78% |
| Share Repurchases | CN¥25.68 Million | -1.71% |
| Other Comprehensive Income | CN¥-13.11 Million | -0.87% |
| Other Changes | CN¥-7.00 Million | -0.47% |
| Total Change | CN¥- | -3.96% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Wondertek Software 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: 3.40x
- 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 39.88x to 3.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.48 | CN¥19.16 | x |
| 2012-12-31 | CN¥1.53 | CN¥19.16 | x |
| 2013-12-31 | CN¥1.73 | CN¥19.16 | x |
| 2014-12-31 | CN¥1.92 | CN¥19.16 | x |
| 2015-12-31 | CN¥2.03 | CN¥19.16 | x |
| 2016-12-31 | CN¥4.45 | CN¥19.16 | x |
| 2017-12-31 | CN¥3.68 | CN¥19.16 | x |
| 2018-12-31 | CN¥3.97 | CN¥19.16 | x |
| 2019-12-31 | CN¥3.69 | CN¥19.16 | x |
| 2020-12-31 | CN¥4.03 | CN¥19.16 | x |
| 2021-12-31 | CN¥7.23 | CN¥19.16 | x |
| 2022-12-31 | CN¥6.38 | CN¥19.16 | x |
| 2023-12-31 | CN¥5.82 | CN¥19.16 | x |
| 2024-12-31 | CN¥5.63 | CN¥19.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Wondertek Software 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): 0.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.13%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.08x
- Recent ROE (0.70%) is below the historical average (10.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.85% | 27.75% | 0.83x | 1.21x | CN¥14.36 Million |
| 2012 | 20.85% | 40.79% | 0.46x | 1.10x | CN¥27.89 Million |
| 2013 | 22.52% | 40.35% | 0.50x | 1.13x | CN¥36.19 Million |
| 2014 | 21.33% | 37.98% | 0.47x | 1.19x | CN¥35.67 Million |
| 2015 | 21.65% | 35.35% | 0.51x | 1.20x | CN¥39.43 Million |
| 2016 | 9.21% | 32.49% | 0.27x | 1.07x | CN¥-6.27 Million |
| 2017 | 4.62% | 18.92% | 0.23x | 1.06x | CN¥-43.28 Million |
| 2018 | 1.01% | 3.96% | 0.22x | 1.13x | CN¥-71.45 Million |
| 2019 | 4.22% | 11.54% | 0.30x | 1.20x | CN¥-47.06 Million |
| 2020 | 8.06% | 21.85% | 0.30x | 1.22x | CN¥-17.23 Million |
| 2021 | 3.87% | 18.10% | 0.19x | 1.11x | CN¥-103.77 Million |
| 2022 | 2.13% | 11.57% | 0.17x | 1.09x | CN¥-135.33 Million |
| 2023 | -5.32% | -28.20% | 0.17x | 1.09x | CN¥-239.89 Million |
| 2024 | 0.70% | 3.13% | 0.21x | 1.08x | CN¥-139.87 Million |
Industry Comparison
This section compares Shanghai Wondertek Software 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 |
|---|---|---|---|---|
| Shanghai Wondertek Software Co Ltd (603189) | CN¥1.51 Billion | 27.85% | 0.06x | $403.99 Million |
| 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 |