Beijing United Information Technology Co Ltd (603613) - Net Assets
Based on the latest financial reports, Beijing United Information Technology Co Ltd (603613) has net assets worth CN¥10.14 Billion CNY (≈ $1.48 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥18.87 Billion ≈ $2.76 Billion USD) and total liabilities (CN¥8.73 Billion ≈ $1.28 Billion 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 603613 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.14 Billion |
| % of Total Assets | 53.72% |
| Annual Growth Rate | 50.29% |
| 5-Year Change | 126.35% |
| 10-Year Change | 13094.23% |
| Growth Volatility | 75.58 |
Beijing United Information Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Beijing United Information Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing United Information Technology Co assets under control for the complete picture of this company's asset base.
Annual Net Assets for Beijing United Information Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Beijing United Information Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see how much is Beijing United Information Technology Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.85 Billion ≈ $1.30 Billion |
+21.85% |
| 2023-12-31 | CN¥7.26 Billion ≈ $1.06 Billion |
+23.60% |
| 2022-12-31 | CN¥5.88 Billion ≈ $860.09 Million |
+27.71% |
| 2021-12-31 | CN¥4.60 Billion ≈ $673.45 Million |
+17.69% |
| 2020-12-31 | CN¥3.91 Billion ≈ $572.24 Million |
+244.35% |
| 2019-12-31 | CN¥1.14 Billion ≈ $166.18 Million |
+144.95% |
| 2018-12-31 | CN¥463.62 Million ≈ $67.84 Million |
+30.36% |
| 2017-12-31 | CN¥355.64 Million ≈ $52.04 Million |
+139.28% |
| 2016-12-31 | CN¥148.63 Million ≈ $21.75 Million |
+121.55% |
| 2015-12-31 | CN¥67.09 Million ≈ $9.82 Million |
+21.80% |
| 2014-12-31 | CN¥55.08 Million ≈ $8.06 Million |
-16.67% |
| 2013-12-31 | CN¥66.10 Million ≈ $9.67 Million |
-0.82% |
| 2012-12-31 | CN¥66.64 Million ≈ $9.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing United Information 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 41346.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.81 Billion | 61.44% |
| Common Stock | CN¥720.54 Million | 9.21% |
| Other Comprehensive Income | CN¥62.17 Million | 0.79% |
| Other Components | CN¥2.23 Billion | 28.55% |
| Total Equity | CN¥7.82 Billion | 100.00% |
Beijing United Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing United Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The New India Assurance Company Limited
NSE:NIACL
|
$2.86 Billion |
|
Graphic Packaging Holding Company
NYSE:GPK
|
$2.86 Billion |
|
Fortuna Silver Mines Inc
TO:FVI
|
$2.86 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
$2.87 Billion |
|
Giantec Semiconductor Corp
SHG:688123
|
$2.86 Billion |
|
Anhui Shenjian New Materials Co Ltd
SHE:002361
|
$2.86 Billion |
|
Diodes Incorporated
NASDAQ:DIOD
|
$2.86 Billion |
|
Hangzhou Cable
SHG:603618
|
$2.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing United Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,523,271,775 to 7,823,059,953, a change of 1,299,788,178 (19.9%).
- Net income of 1,454,868,087 contributed positively to equity growth.
- Dividend payments of 185,675,858 reduced retained earnings.
- Other comprehensive income increased equity by 62,270,294.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.45 Billion | +18.6% |
| Dividends Paid | CN¥185.68 Million | -2.37% |
| Other Comprehensive Income | CN¥62.27 Million | +0.8% |
| Other Changes | CN¥-31.67 Million | -0.4% |
| Total Change | CN¥- | 19.93% |
Book Value vs Market Value Analysis
This analysis compares Beijing United Information 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: 2.50x
- 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 54.01x to 2.50x 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¥0.50 | CN¥27.13 | x |
| 2013-12-31 | CN¥0.37 | CN¥27.13 | x |
| 2014-12-31 | CN¥0.68 | CN¥27.13 | x |
| 2015-12-31 | CN¥0.88 | CN¥27.13 | x |
| 2016-12-31 | CN¥0.40 | CN¥27.13 | x |
| 2017-12-31 | CN¥0.78 | CN¥27.13 | x |
| 2018-12-31 | CN¥0.94 | CN¥27.13 | x |
| 2019-12-31 | CN¥2.03 | CN¥27.13 | x |
| 2020-12-31 | CN¥5.73 | CN¥27.13 | x |
| 2021-12-31 | CN¥5.98 | CN¥27.13 | x |
| 2022-12-31 | CN¥7.49 | CN¥27.13 | x |
| 2023-12-31 | CN¥9.04 | CN¥27.13 | x |
| 2024-12-31 | CN¥10.86 | CN¥27.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing United Information 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): 18.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 2.99x
- • Equity Multiplier: 2.29x
- Recent ROE (18.60%) is above the historical average (16.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.11% | 9.05% | 1.17x | 1.61x | CN¥4.74 Million |
| 2013 | 21.87% | 10.49% | 1.31x | 1.59x | CN¥7.85 Million |
| 2014 | 10.50% | 4.60% | 1.60x | 1.42x | CN¥273.99K |
| 2015 | 17.90% | 5.92% | 1.73x | 1.75x | CN¥5.30 Million |
| 2016 | 16.46% | 2.63% | 2.02x | 3.09x | CN¥9.39 Million |
| 2017 | 17.13% | 2.94% | 3.22x | 1.81x | CN¥24.45 Million |
| 2018 | 21.49% | 2.56% | 4.37x | 1.92x | CN¥50.18 Million |
| 2019 | 14.72% | 2.21% | 3.23x | 2.06x | CN¥51.00 Million |
| 2020 | 8.06% | 1.77% | 2.55x | 1.78x | CN¥-73.51 Million |
| 2021 | 13.37% | 1.55% | 3.91x | 2.20x | CN¥145.71 Million |
| 2022 | 20.81% | 2.80% | 3.14x | 2.37x | CN¥584.65 Million |
| 2023 | 21.89% | 2.82% | 3.31x | 2.35x | CN¥775.93 Million |
| 2024 | 18.60% | 2.72% | 2.99x | 2.29x | CN¥672.56 Million |
Industry Comparison
This section compares Beijing United Information 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: $1,192,409,576
- Average return on equity (ROE) among peers: -56.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing United Information Technology Co Ltd (603613) | CN¥10.14 Billion | 17.11% | 0.86x | $2.86 Billion |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $338.44 Million | -592.41% | 3.36x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About Beijing United Information Technology Co Ltd
Beijing United Information Technology Co.,Ltd., together with its subsidiaries, engages in the online commodity trading business in China. It operates through Coating Chemical Industry, Hygiene Products Industry, Glass Industry, Paper Industry, Fertilizer Industry, Grain and Oil Industry, and Others segments. The company operates Guolian Resources Network, an industrial information service platfo… Read more