Linewell Software Co Ltd
Linewell Software Co., Ltd. provides artificial intelligence and data services in China. It offers large model reasoning machine; government services; data governance; public safety; urban governance; smart politics and law; and smart environmental protection products. The company was founded in 2002 and is headquartered in Quanzhou, China.
Linewell Software Co Ltd (603636) - Net Assets
Latest net assets as of September 2025: CN¥2.32 Billion CNY
Based on the latest financial reports, Linewell Software Co Ltd (603636) has net assets worth CN¥2.32 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¥5.51 Billion) and total liabilities (CN¥3.19 Billion). 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¥2.32 Billion |
| % of Total Assets | 42.14% |
| Annual Growth Rate | 20.37% |
| 5-Year Change | -8.71% |
| 10-Year Change | 179.67% |
| Growth Volatility | 34.56 |
Linewell Software Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Linewell 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 Linewell Software Co Ltd (2011–2024)
The table below shows the annual net assets of Linewell Software Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.44 Billion | -12.83% |
| 2023-12-31 | CN¥2.80 Billion | +0.49% |
| 2022-12-31 | CN¥2.79 Billion | +3.61% |
| 2021-12-31 | CN¥2.69 Billion | +0.59% |
| 2020-12-31 | CN¥2.67 Billion | +27.95% |
| 2019-12-31 | CN¥2.09 Billion | +18.18% |
| 2018-12-31 | CN¥1.77 Billion | +75.43% |
| 2017-12-31 | CN¥1.01 Billion | +11.44% |
| 2016-12-31 | CN¥904.01 Million | +3.63% |
| 2015-12-31 | CN¥872.33 Million | +7.12% |
| 2014-12-31 | CN¥814.35 Million | +118.85% |
| 2013-12-31 | CN¥372.11 Million | +26.93% |
| 2012-12-31 | CN¥293.15 Million | +33.89% |
| 2011-12-31 | CN¥218.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Linewell 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 733.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥447.70 Million | 18.97% |
| Common Stock | CN¥580.36 Million | 24.59% |
| Other Components | CN¥1.33 Billion | 56.44% |
| Total Equity | CN¥2.36 Billion | 100.00% |
Linewell Software Co Ltd Competitors by Market Cap
The table below lists competitors of Linewell Software Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanfang Ventilator Co Ltd
SHE:300004
|
$484.75 Million |
|
Gifore Agricultural Machinery Chain Co Ltd
SHE:300022
|
$484.96 Million |
|
Lanzhou Haimo Technologies Co
SHE:300084
|
$485.03 Million |
|
Shenzhen Liantronics
SHE:300269
|
$485.16 Million |
|
Henan Zhongyuan Expressway Co Ltd
SHG:600020
|
$484.63 Million |
|
Udemy Inc
NASDAQ:UDMY
|
$484.45 Million |
|
China BlueChemical Ltd
PINK:CBLUF
|
$484.41 Million |
|
Mission Produce Inc
NASDAQ:AVO
|
$484.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Linewell Software Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,698,632,632 to 2,360,369,647, a change of -338,262,985 (-12.5%).
- Net loss of 309,831,007 reduced equity.
- Dividend payments of 87,394,102 reduced retained earnings.
- Other factors increased equity by 58,962,124.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-309.83 Million | -13.13% |
| Dividends Paid | CN¥87.39 Million | -3.7% |
| Other Changes | CN¥58.96 Million | +2.5% |
| Total Change | CN¥- | -12.53% |
Book Value vs Market Value Analysis
This analysis compares Linewell 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: 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 15.68x 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 |
|---|---|---|---|
| 2011-12-31 | CN¥0.64 | CN¥10.08 | x |
| 2012-12-31 | CN¥0.85 | CN¥10.08 | x |
| 2013-12-31 | CN¥1.09 | CN¥10.08 | x |
| 2014-12-31 | CN¥2.38 | CN¥10.08 | x |
| 2015-12-31 | CN¥1.88 | CN¥10.08 | x |
| 2016-12-31 | CN¥1.93 | CN¥10.08 | x |
| 2017-12-31 | CN¥2.45 | CN¥10.08 | x |
| 2018-12-31 | CN¥3.54 | CN¥10.08 | x |
| 2019-12-31 | CN¥3.73 | CN¥10.08 | x |
| 2020-12-31 | CN¥4.55 | CN¥10.08 | x |
| 2021-12-31 | CN¥4.41 | CN¥10.08 | x |
| 2022-12-31 | CN¥4.55 | CN¥10.08 | x |
| 2023-12-31 | CN¥4.79 | CN¥10.08 | x |
| 2024-12-31 | CN¥4.04 | CN¥10.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Linewell 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): -13.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.05%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.47x
- Recent ROE (-13.13%) is below the historical average (9.67%), 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 | 27.46% | 27.27% | 0.67x | 1.51x | CN¥37.96 Million |
| 2012 | 24.63% | 29.39% | 0.54x | 1.56x | CN¥42.22 Million |
| 2013 | 21.60% | 28.33% | 0.48x | 1.60x | CN¥42.69 Million |
| 2014 | 10.81% | 26.87% | 0.30x | 1.36x | CN¥6.49 Million |
| 2015 | 7.44% | 18.44% | 0.28x | 1.45x | CN¥-21.77 Million |
| 2016 | 5.83% | 11.00% | 0.36x | 1.49x | CN¥-36.85 Million |
| 2017 | 10.21% | 12.76% | 0.41x | 1.95x | CN¥2.12 Million |
| 2018 | 9.60% | 17.12% | 0.33x | 1.72x | CN¥-7.07 Million |
| 2019 | 9.63% | 14.28% | 0.36x | 1.86x | CN¥-7.55 Million |
| 2020 | 9.06% | 15.27% | 0.34x | 1.76x | CN¥-24.40 Million |
| 2021 | 5.10% | 7.74% | 0.38x | 1.72x | CN¥-127.68 Million |
| 2022 | 5.13% | 7.93% | 0.32x | 2.01x | CN¥-131.12 Million |
| 2023 | 2.09% | 3.36% | 0.27x | 2.27x | CN¥-213.58 Million |
| 2024 | -13.13% | -42.05% | 0.13x | 2.47x | CN¥-545.87 Million |
Industry Comparison
This section compares Linewell 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: $3,048,736,079
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Linewell Software Co Ltd (603636) | CN¥2.32 Billion | 27.46% | 1.37x | $484.66 Million |
| Digital China Information Service Co Ltd (000555) | $-125.57 Million | 0.00% | 0.00x | $1.17 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.06 Billion |
| YGSOFT Inc (002063) | $2.10 Billion | 8.22% | 0.19x | $1.26 Billion |
| Dhc Software Co Ltd (002065) | $8.61 Billion | 13.26% | 0.30x | $2.40 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $322.94 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $51.79 Million | 15.64% | 0.90x | $953.24 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.13 Billion | 23.47% | 0.16x | $1.00 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.18 Billion | 7.45% | 0.12x | $6.64 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.29 Billion |
| Wisesoft Co Ltd (002253) | $171.84 Million | 15.22% | 0.51x | $265.79 Million |