G-bits Network Technology Xiamen Co Ltd (603444) - Net Assets
Based on the latest financial reports, G-bits Network Technology Xiamen Co Ltd (603444) has net assets worth CN¥7.08 Billion CNY (≈ $1.04 Billion 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¥9.03 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥1.95 Billion ≈ $285.36 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 G-bits Network Technology Xiamen Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.08 Billion |
| % of Total Assets | 78.4% |
| Annual Growth Rate | 24.18% |
| 5-Year Change | 29.25% |
| 10-Year Change | 218.52% |
| Growth Volatility | 81.08 |
G-bits Network Technology Xiamen Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how G-bits Network Technology Xiamen Co Ltd's net assets have evolved over time, based on quarterly financial data. See G-bits Network Technology Xiamen Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for G-bits Network Technology Xiamen Co Ltd (2011–2025)
The table below shows the annual net assets of G-bits Network Technology Xiamen Co Ltd from 2011 to 2025. For live valuation and market cap data, see 603444 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.54 Billion ≈ $956.92 Million |
+16.08% |
| 2024-12-31 | CN¥5.63 Billion ≈ $824.35 Million |
+7.35% |
| 2023-12-31 | CN¥5.25 Billion ≈ $767.89 Million |
+11.43% |
| 2022-12-31 | CN¥4.71 Billion ≈ $689.15 Million |
-6.92% |
| 2021-12-31 | CN¥5.06 Billion ≈ $740.38 Million |
+19.11% |
| 2020-12-31 | CN¥4.25 Billion ≈ $621.57 Million |
+23.66% |
| 2019-12-31 | CN¥3.44 Billion ≈ $502.67 Million |
+9.71% |
| 2018-12-31 | CN¥3.13 Billion ≈ $458.18 Million |
+27.47% |
| 2017-12-31 | CN¥2.46 Billion ≈ $359.43 Million |
+19.64% |
| 2016-12-31 | CN¥2.05 Billion ≈ $300.42 Million |
+317.96% |
| 2015-12-31 | CN¥491.20 Million ≈ $71.88 Million |
+45.57% |
| 2014-12-31 | CN¥337.44 Million ≈ $49.38 Million |
+65.42% |
| 2013-12-31 | CN¥204.00 Million ≈ $29.85 Million |
+4.22% |
| 2012-12-31 | CN¥195.73 Million ≈ $28.64 Million |
-37.89% |
| 2011-12-31 | CN¥315.11 Million ≈ $46.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to G-bits Network Technology Xiamen 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 5939.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.00 Billion | 72.56% |
| Common Stock | CN¥72.04 Million | 1.31% |
| Other Comprehensive Income | CN¥343.85 Million | 6.24% |
| Other Components | CN¥1.10 Billion | 19.90% |
| Total Equity | CN¥5.51 Billion | 100.00% |
G-bits Network Technology Xiamen Co Ltd Competitors by Market Cap
The table below lists competitors of G-bits Network Technology Xiamen Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cofinimmo SA
BR:COFB
|
$3.47 Billion |
|
SolarEdge Technologies Inc
NASDAQ:SEDG
|
$3.48 Billion |
|
Tel Aviv Stock Exchange
TA:TASE
|
$3.48 Billion |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
$3.48 Billion |
|
National Health Investors Inc
NYSE:NHI
|
$3.47 Billion |
|
Renasant Corporation
NYSE:RNST
|
$3.47 Billion |
|
All Ring Tech Co Ltd
TWO:6187
|
$3.47 Billion |
|
KEPCO Engineering & Construction
KO:052690
|
$3.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in G-bits Network Technology Xiamen Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,902,079,614 to 5,510,631,454, a change of 608,551,840 (12.4%).
- Net income of 1,793,666,076 contributed positively to equity growth.
- Dividend payments of 1,155,276,446 reduced retained earnings.
- Other comprehensive income increased equity by 343,849,015.
- Other factors decreased equity by 373,686,805.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.79 Billion | +32.55% |
| Dividends Paid | CN¥1.16 Billion | -20.96% |
| Other Comprehensive Income | CN¥343.85 Million | +6.24% |
| Other Changes | CN¥-373.69 Million | -6.78% |
| Total Change | CN¥- | 12.41% |
Book Value vs Market Value Analysis
This analysis compares G-bits Network Technology Xiamen 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: 4.31x
- 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 78.66x to 4.31x 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¥4.19 | CN¥329.46 | x |
| 2012-12-31 | CN¥2.61 | CN¥329.46 | x |
| 2013-12-31 | CN¥3.70 | CN¥329.46 | x |
| 2014-12-31 | CN¥6.33 | CN¥329.46 | x |
| 2015-12-31 | CN¥9.05 | CN¥329.46 | x |
| 2016-12-31 | CN¥36.10 | CN¥329.46 | x |
| 2017-12-31 | CN¥32.21 | CN¥329.46 | x |
| 2018-12-31 | CN¥40.69 | CN¥329.46 | x |
| 2019-12-31 | CN¥42.81 | CN¥329.46 | x |
| 2020-12-31 | CN¥52.99 | CN¥329.46 | x |
| 2021-12-31 | CN¥63.73 | CN¥329.46 | x |
| 2022-12-31 | CN¥55.36 | CN¥329.46 | x |
| 2023-12-31 | CN¥61.96 | CN¥329.46 | x |
| 2024-12-31 | CN¥68.05 | CN¥329.46 | x |
| 2025-12-31 | CN¥76.50 | CN¥329.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently G-bits Network Technology Xiamen 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): 32.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.91%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.56x
- Recent ROE (32.55%) is below the historical average (36.27%), 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 | 10.51% | 16.50% | 0.47x | 1.36x | CN¥1.59 Million |
| 2012 | 81.28% | 65.12% | 0.56x | 2.21x | CN¥139.51 Million |
| 2013 | 77.23% | 56.95% | 0.86x | 1.58x | CN¥137.14 Million |
| 2014 | 57.35% | 59.98% | 0.71x | 1.35x | CN¥159.79 Million |
| 2015 | 36.25% | 58.32% | 0.48x | 1.28x | CN¥126.70 Million |
| 2016 | 30.39% | 44.85% | 0.49x | 1.37x | CN¥392.82 Million |
| 2017 | 26.49% | 42.34% | 0.46x | 1.37x | CN¥379.51 Million |
| 2018 | 24.87% | 43.69% | 0.41x | 1.38x | CN¥432.27 Million |
| 2019 | 26.35% | 37.28% | 0.50x | 1.42x | CN¥502.09 Million |
| 2020 | 27.52% | 38.16% | 0.51x | 1.42x | CN¥666.11 Million |
| 2021 | 32.06% | 31.79% | 0.65x | 1.55x | CN¥1.01 Billion |
| 2022 | 36.72% | 28.27% | 0.80x | 1.63x | CN¥1.06 Billion |
| 2023 | 25.21% | 26.89% | 0.63x | 1.49x | CN¥678.74 Million |
| 2024 | 19.28% | 25.57% | 0.53x | 1.41x | CN¥454.71 Million |
| 2025 | 32.55% | 28.91% | 0.72x | 1.56x | CN¥1.24 Billion |
Industry Comparison
This section compares G-bits Network Technology Xiamen Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,827,300,791
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| G-bits Network Technology Xiamen Co Ltd (603444) | CN¥7.08 Billion | 10.51% | 0.28x | $3.47 Billion |
| YOUZU Interactive Co Ltd (002174) | $896.04 Million | 46.27% | 0.54x | $1.69 Billion |
| Dalian Zeus Entertainment (002354) | $2.40 Billion | -11.76% | 0.15x | $1.76 Billion |
| Kaiser China Holding Co Ltd (002425) | $3.46 Billion | 4.39% | 0.22x | $396.17 Million |
| Kingnet Network Co Ltd (002517) | $2.87 Billion | -66.02% | 0.35x | $4.61 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $13.67 Billion | 21.22% | 0.63x | $5.77 Billion |
| Giant Network Group Co Ltd (002558) | $11.90 Billion | 7.15% | 0.11x | $6.87 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $1.65 Billion | 4.93% | 0.26x | $14.40 Billion |
| Beijing Ultrapower Software (300002) | $233.69 Million | 51.58% | 0.63x | $2.18 Billion |
| Shenzhen Zqgame (300052) | $387.42 Million | -13.61% | 1.15x | $470.55 Million |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $2.02 Billion |
About G-bits Network Technology Xiamen Co Ltd
G-bits Network Technology (Xiamen) Co., Ltd. engages in research, development, and operation of online games in China, Hong Kong, Macao, and Taiwan. It offers PC and mobile online games. It also offers consultation and publishing services to game producers. The company was founded in 2004 and is based in Xiamen, China.