Sinosoft Co Ltd (603927) - Net Assets

Latest as of September 2025: CN¥3.14 Billion CNY ≈ $459.79 Million USD

Based on the latest financial reports, Sinosoft Co Ltd (603927) has net assets worth CN¥3.14 Billion CNY (≈ $459.79 Million 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¥7.14 Billion ≈ $1.04 Billion USD) and total liabilities (CN¥3.99 Billion ≈ $584.36 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 how resilient are Sinosoft Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.14 Billion
% of Total Assets	44.03%
Annual Growth Rate	18.66%
5-Year Change	44.92%
10-Year Change	355.53%
Growth Volatility	19.49

Sinosoft Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Sinosoft Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sinosoft Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Sinosoft Co Ltd (2003–2024)

The table below shows the annual net assets of Sinosoft Co Ltd from 2003 to 2024. For live valuation and market cap data, see Sinosoft Co Ltd (603927) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥3.29 Billion ≈ $481.95 Million	+0.89%
2023-12-31	CN¥3.26 Billion ≈ $477.71 Million	+18.33%
2022-12-31	CN¥2.76 Billion ≈ $403.70 Million	+5.45%
2021-12-31	CN¥2.62 Billion ≈ $382.84 Million	+15.12%
2020-12-31	CN¥2.27 Billion ≈ $332.56 Million	+12.26%
2019-12-31	CN¥2.02 Billion ≈ $296.24 Million	+69.96%
2018-12-31	CN¥1.19 Billion ≈ $174.30 Million	+18.73%
2017-12-31	CN¥1.00 Billion ≈ $146.80 Million	+13.53%
2016-12-31	CN¥883.65 Million ≈ $129.31 Million	+22.22%
2015-12-31	CN¥723.01 Million ≈ $105.80 Million	+21.10%
2014-12-31	CN¥597.04 Million ≈ $87.37 Million	+16.59%
2013-12-31	CN¥512.11 Million ≈ $74.94 Million	+23.53%
2012-12-31	CN¥414.56 Million ≈ $60.66 Million	+33.88%
2011-12-31	CN¥309.66 Million ≈ $45.31 Million	+16.82%
2010-12-31	CN¥265.07 Million ≈ $38.79 Million	+14.46%
2009-12-31	CN¥231.58 Million ≈ $33.89 Million	+11.23%
2008-12-31	CN¥208.19 Million ≈ $30.47 Million	+11.23%
2007-12-31	CN¥187.17 Million ≈ $27.39 Million	+8.24%
2006-12-31	CN¥172.93 Million ≈ $25.30 Million	+80.27%
2005-12-31	CN¥95.93 Million ≈ $14.04 Million	+2.51%
2004-12-31	CN¥93.58 Million ≈ $13.69 Million	+3.22%
2003-12-31	CN¥90.66 Million ≈ $13.27 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sinosoft 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 41823.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.97 Billion	59.73%
Common Stock	CN¥831.04 Million	25.23%
Other Comprehensive Income	CN¥335.12 Million	10.17%
Other Components	CN¥160.02 Million	4.86%
Total Equity	CN¥3.29 Billion	100.00%

Sinosoft Co Ltd Competitors by Market Cap

The table below lists competitors of Sinosoft Co Ltd ranked by their market capitalization.

Company	Market Cap
Ningbo Tip Rubber Technology Co Ltd SHG:605255	$2.00 Billion
Dunelm Group plc F:DFQ	$2.00 Billion
Shenzhen Bluetrum Technology Co. Ltd. A SHG:688332	$2.00 Billion
Fujian Snowman Co Ltd SHE:002639	$2.00 Billion
Establishment Labs Holdings Inc NASDAQ:ESTA	$2.00 Billion
Zhejiang Expressway Co. Ltd F:ZHJ	$2.00 Billion
Shanghai Bright Power Semiconductor SHG:688368	$2.00 Billion
Mesoblast Ltd AU:MSB	$2.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sinosoft Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,264,574,171 to 3,293,540,592, a change of 28,966,421 (0.9%).
Net income of 355,108,192 contributed positively to equity growth.
Dividend payments of 325,983,575 reduced retained earnings.
Other comprehensive income increased equity by 328,887,303.
Other factors decreased equity by 329,045,499.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥355.11 Million	+10.78%
Dividends Paid	CN¥325.98 Million	-9.9%
Other Comprehensive Income	CN¥328.89 Million	+9.99%
Other Changes	CN¥-329.05 Million	-9.99%
Total Change	CN¥-	0.89%

Book Value vs Market Value Analysis

This analysis compares Sinosoft 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: 4.12x
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 29.25x to 4.12x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	CN¥0.56	CN¥16.44	x
2004-12-31	CN¥0.58	CN¥16.44	x
2005-12-31	CN¥0.60	CN¥16.44	x
2006-12-31	CN¥1.08	CN¥16.44	x
2007-12-31	CN¥1.17	CN¥16.44	x
2008-12-31	CN¥1.33	CN¥16.44	x
2009-12-31	CN¥1.47	CN¥16.44	x
2010-12-31	CN¥1.69	CN¥16.44	x
2011-12-31	CN¥1.96	CN¥16.44	x
2012-12-31	CN¥1.45	CN¥16.44	x
2013-12-31	CN¥1.73	CN¥16.44	x
2014-12-31	CN¥1.12	CN¥16.44	x
2015-12-31	CN¥1.35	CN¥16.44	x
2016-12-31	CN¥1.66	CN¥16.44	x
2017-12-31	CN¥1.89	CN¥16.44	x
2018-12-31	CN¥2.23	CN¥16.44	x
2019-12-31	CN¥3.41	CN¥16.44	x
2020-12-31	CN¥3.83	CN¥16.44	x
2021-12-31	CN¥4.41	CN¥16.44	x
2022-12-31	CN¥4.71	CN¥16.44	x
2023-12-31	CN¥5.50	CN¥16.44	x
2024-12-31	CN¥3.99	CN¥16.44	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinosoft 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): 10.78%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.32%
• Asset Turnover: 0.87x
• Equity Multiplier: 2.33x
Recent ROE (10.78%) is below the historical average (19.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	7.55%	4.54%	0.81x	2.05x	CN¥-2.19 Million
2004	7.25%	2.35%	1.06x	2.92x	CN¥-2.54 Million
2005	7.86%	2.33%	1.24x	2.72x	CN¥-2.05 Million
2006	9.94%	3.76%	1.31x	2.02x	CN¥-110.98K
2007	13.41%	4.47%	1.52x	1.97x	CN¥6.37 Million
2008	18.22%	5.06%	1.77x	2.04x	CN¥17.07 Million
2009	19.86%	4.87%	1.85x	2.21x	CN¥22.78 Million
2010	23.29%	5.05%	1.87x	2.47x	CN¥35.16 Million
2011	25.29%	5.20%	1.58x	3.08x	CN¥47.34 Million
2012	26.65%	5.17%	1.10x	4.69x	CN¥69.01 Million
2013	26.31%	5.03%	1.17x	4.49x	CN¥83.54 Million
2014	24.86%	4.81%	1.06x	4.87x	CN¥88.71 Million
2015	23.72%	4.78%	1.03x	4.81x	CN¥99.18 Million
2016	22.32%	5.05%	1.07x	4.15x	CN¥108.87 Million
2017	23.42%	5.45%	1.11x	3.87x	CN¥134.59 Million
2018	26.91%	6.61%	1.15x	3.53x	CN¥201.42 Million
2019	19.05%	7.01%	1.07x	2.53x	CN¥183.28 Million
2020	20.97%	8.24%	0.96x	2.66x	CN¥249.38 Million
2021	22.07%	9.19%	0.91x	2.63x	CN¥315.85 Million
2022	23.13%	9.52%	0.98x	2.48x	CN¥362.31 Million
2023	20.06%	10.07%	0.91x	2.20x	CN¥328.26 Million
2024	10.78%	5.32%	0.87x	2.33x	CN¥25.75 Million

Industry Comparison

This section compares Sinosoft Co Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $2,574,625,840
Average return on equity (ROE) among peers: 9.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sinosoft Co Ltd (603927)	CN¥3.14 Billion	7.55%	1.27x	$2.00 Billion
Digital China Information Service Co Ltd (000555)	$139.31 Million	-4.65%	0.18x	$1.96 Billion
Fujian Newland Computer Co Ltd (000997)	$6.43 Billion	7.07%	0.84x	$2.95 Billion
YGSOFT Inc (002063)	$1.66 Billion	20.55%	0.10x	$1.76 Billion
Dhc Software Co Ltd (002065)	$1.57 Billion	20.17%	0.51x	$3.86 Billion
Zhejiang Netsun Co Ltd (002095)	$350.09 Million	12.04%	0.13x	$597.98 Million
Montnets Cloud Technology Group Co Ltd (002123)	$2.29 Billion	3.31%	0.92x	$1.12 Billion
Beijing Shiji Information Technology Co Ltd (002153)	$1.33 Billion	22.18%	0.15x	$4.03 Billion
Shanghai 2345 Network Holding Group (002195)	$9.41 Billion	2.25%	0.05x	$7.14 Billion
Iflytek Co Ltd (002230)	$1.19 Billion	11.18%	0.21x	$16.17 Billion
Qiming Information Technology Co Ltd (002232)	$1.38 Billion	5.29%	0.61x	$1.06 Billion

About Sinosoft Co Ltd

SHG:603927 China Software - Application

Market Cap

$2.00 Billion

CN¥13.66 Billion CNY

Market Cap Rank

#6260 Global

#1384 in China

Share Price

CN¥16.44

Change (1 day)

+0.24%

52-Week Range

CN¥16.10 - CN¥22.25

All Time High

CN¥66.04