Changzhou Youon Pubilic Bicycle System Co Ltd
Youon Technology Co.,Ltd engages in the research and development, sale, construction, and operation services based on the Internet of Things and data cloud technology, hydrogen energy, and data platform business in China and internationally. It offers micro-solar hydrogen recharge-body machines, hydrogen energy bicycles, and fuel cells; and sale and service of locking systems and other products. … Read more
Changzhou Youon Pubilic Bicycle System Co Ltd (603776) - Net Assets
Latest net assets as of September 2025: CN¥3.59 Billion CNY
Based on the latest financial reports, Changzhou Youon Pubilic Bicycle System Co Ltd (603776) has net assets worth CN¥3.59 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¥4.29 Billion) and total liabilities (CN¥697.75 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¥3.59 Billion |
| % of Total Assets | 83.73% |
| Annual Growth Rate | 42.34% |
| 5-Year Change | -7.07% |
| 10-Year Change | 631.36% |
| Growth Volatility | 75.32 |
Changzhou Youon Pubilic Bicycle System Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Changzhou Youon Pubilic Bicycle System 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 Changzhou Youon Pubilic Bicycle System Co Ltd (2012–2024)
The table below shows the annual net assets of Changzhou Youon Pubilic Bicycle System Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.16 Billion | -0.60% |
| 2023-12-31 | CN¥3.18 Billion | -4.62% |
| 2022-12-31 | CN¥3.34 Billion | -1.71% |
| 2021-12-31 | CN¥3.40 Billion | -0.28% |
| 2020-12-31 | CN¥3.41 Billion | +25.77% |
| 2019-12-31 | CN¥2.71 Billion | +62.35% |
| 2018-12-31 | CN¥1.67 Billion | +1.60% |
| 2017-12-31 | CN¥1.64 Billion | +203.60% |
| 2016-12-31 | CN¥540.71 Million | +24.96% |
| 2015-12-31 | CN¥432.71 Million | +27.53% |
| 2014-12-31 | CN¥339.30 Million | +180.44% |
| 2013-12-31 | CN¥120.99 Million | +164.42% |
| 2012-12-31 | CN¥45.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changzhou Youon Pubilic Bicycle System 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 9996.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.79 Billion | 57.00% |
| Common Stock | CN¥239.40 Million | 7.63% |
| Other Components | CN¥1.11 Billion | 35.37% |
| Total Equity | CN¥3.14 Billion | 100.00% |
Changzhou Youon Pubilic Bicycle System Co Ltd Competitors by Market Cap
The table below lists competitors of Changzhou Youon Pubilic Bicycle System Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTS International Logistics Corp Ltd
SHG:603128
|
$570.67 Million |
|
Aba Chemicals Corp
SHE:300261
|
$570.80 Million |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
$570.82 Million |
|
Data#3 Limited
PINK:DTATF
|
$570.87 Million |
|
Mayr-Melnhof Karton AG
PINK:MNHFF
|
$570.46 Million |
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
$570.39 Million |
|
Risesun Real Estate Development Co Ltd
SHE:002146
|
$570.30 Million |
|
Merry Electronics Co Ltd
TW:2439
|
$570.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changzhou Youon Pubilic Bicycle System Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,159,703,762 to 3,137,826,774, a change of -21,876,988 (-0.7%).
- Net loss of 68,304,071 reduced equity.
- Dividend payments of 80,036,635 reduced retained earnings.
- Share repurchases of 15,850,598 reduced equity.
- Other comprehensive income decreased equity by 206,568,623.
- Other factors increased equity by 348,882,939.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-68.30 Million | -2.18% |
| Dividends Paid | CN¥80.04 Million | -2.55% |
| Share Repurchases | CN¥15.85 Million | -0.51% |
| Other Comprehensive Income | CN¥-206.57 Million | -6.58% |
| Other Changes | CN¥348.88 Million | +11.12% |
| Total Change | CN¥- | -0.69% |
Book Value vs Market Value Analysis
This analysis compares Changzhou Youon Pubilic Bicycle System 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: 1.52x
- 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 64.59x to 1.52x 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¥0.31 | CN¥20.25 | x |
| 2013-12-31 | CN¥0.83 | CN¥20.25 | x |
| 2014-12-31 | CN¥2.34 | CN¥20.25 | x |
| 2015-12-31 | CN¥2.56 | CN¥20.25 | x |
| 2016-12-31 | CN¥3.20 | CN¥20.25 | x |
| 2017-12-31 | CN¥8.73 | CN¥20.25 | x |
| 2018-12-31 | CN¥7.38 | CN¥20.25 | x |
| 2019-12-31 | CN¥12.10 | CN¥20.25 | x |
| 2020-12-31 | CN¥12.50 | CN¥20.25 | x |
| 2021-12-31 | CN¥15.49 | CN¥20.25 | x |
| 2022-12-31 | CN¥14.42 | CN¥20.25 | x |
| 2023-12-31 | CN¥13.71 | CN¥20.25 | x |
| 2024-12-31 | CN¥13.32 | CN¥20.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changzhou Youon Pubilic Bicycle System 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): -2.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.92%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.41x
- Recent ROE (-2.18%) is below the historical average (14.54%), 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 | 30.75% | 13.67% | 0.65x | 3.45x | CN¥9.42 Million |
| 2013 | 30.21% | 15.93% | 0.59x | 3.21x | CN¥24.37 Million |
| 2014 | 20.16% | 17.95% | 0.50x | 2.24x | CN¥34.42 Million |
| 2015 | 21.60% | 15.07% | 0.64x | 2.23x | CN¥50.13 Million |
| 2016 | 21.54% | 15.03% | 0.59x | 2.41x | CN¥62.34 Million |
| 2017 | 31.47% | 48.97% | 0.42x | 1.53x | CN¥352.35 Million |
| 2018 | 7.18% | 14.12% | 0.33x | 1.53x | CN¥-46.94 Million |
| 2019 | 18.52% | 53.50% | 0.24x | 1.47x | CN¥230.21 Million |
| 2020 | 14.54% | 56.66% | 0.18x | 1.45x | CN¥154.32 Million |
| 2021 | 1.29% | 5.02% | 0.18x | 1.42x | CN¥-295.76 Million |
| 2022 | -2.04% | -9.96% | 0.14x | 1.42x | CN¥-399.00 Million |
| 2023 | -4.01% | -23.24% | 0.12x | 1.44x | CN¥-442.69 Million |
| 2024 | -2.18% | -14.92% | 0.10x | 1.41x | CN¥-382.09 Million |
Industry Comparison
This section compares Changzhou Youon Pubilic Bicycle System 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 |
|---|---|---|---|---|
| Changzhou Youon Pubilic Bicycle System Co Ltd (603776) | CN¥3.59 Billion | 30.75% | 0.19x | $570.64 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 |