Shanghai New Centurion Network Information Technology Co Ltd
Shanghai New Centurion Network Information Technology Co., Ltd. provides IT data center operation and maintenance products and services in China. The company offers ZnAiops intelligent operation and management, automated operation and maintenance management, agile ITSM service management, unified intelligent monitoring, big data log analysis, application release management, CMDB IT asset manageme… Read more
Shanghai New Centurion Network Information Technology Co Ltd (605398) - Net Assets
Latest net assets as of September 2025: CN¥1.03 Billion CNY
Based on the latest financial reports, Shanghai New Centurion Network Information Technology Co Ltd (605398) has net assets worth CN¥1.03 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¥1.16 Billion) and total liabilities (CN¥128.88 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¥1.03 Billion |
| % of Total Assets | 88.88% |
| Annual Growth Rate | 30.31% |
| 5-Year Change | 146.1% |
| 10-Year Change | N/A |
| Growth Volatility | 41.59 |
Shanghai New Centurion Network Information Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Shanghai New Centurion Network Information Technology 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 Shanghai New Centurion Network Information Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Shanghai New Centurion Network Information Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion | -4.01% |
| 2023-12-31 | CN¥1.07 Billion | +4.62% |
| 2022-12-31 | CN¥1.02 Billion | +4.32% |
| 2021-12-31 | CN¥976.40 Million | +134.91% |
| 2020-12-31 | CN¥415.64 Million | +27.07% |
| 2019-12-31 | CN¥327.10 Million | +36.59% |
| 2018-12-31 | CN¥239.47 Million | +26.93% |
| 2017-12-31 | CN¥188.67 Million | +53.36% |
| 2016-12-31 | CN¥123.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai New Centurion Network 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 442.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥417.47 Million | 40.82% |
| Common Stock | CN¥162.72 Million | 15.91% |
| Other Comprehensive Income | CN¥29.99 Million | 2.93% |
| Other Components | CN¥412.47 Million | 40.33% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Shanghai New Centurion Network Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai New Centurion Network Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ClearSign Technologies Corp.
LSE:0I0B
|
$190.24 Million |
|
Jiangsu Yida Chemical Co Ltd Class A
SHE:300721
|
$190.27 Million |
|
CUSTODIAN PROP.INC.LS-01
F:IT3
|
$190.36 Million |
|
Zion Oil & Gas Inc
OTCQB:ZNOG
|
$190.37 Million |
|
Prima Marine Public Company Limited
BK:PRM
|
$190.18 Million |
|
Zhongyan Technology Co Ltd
SHE:003001
|
$190.11 Million |
|
Alvopetro Energy
V:ALV
|
$190.03 Million |
|
LifeSemantics Corp.
KQ:347700
|
$189.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai New Centurion Network Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,065,215,772 to 1,022,640,399, a change of -42,575,373 (-4.0%).
- Net income of 21,387,624 contributed positively to equity growth.
- Dividend payments of 14,129,765 reduced retained earnings.
- Share repurchases of 50,152,607 reduced equity.
- Other comprehensive income increased equity by 29,988,867.
- Other factors decreased equity by 29,669,492.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥21.39 Million | +2.09% |
| Dividends Paid | CN¥14.13 Million | -1.38% |
| Share Repurchases | CN¥50.15 Million | -4.9% |
| Other Comprehensive Income | CN¥29.99 Million | +2.93% |
| Other Changes | CN¥-29.67 Million | -2.9% |
| Total Change | CN¥- | -4.00% |
Book Value vs Market Value Analysis
This analysis compares Shanghai New Centurion Network 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: 4.75x
- 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 14.48x to 4.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.04 | CN¥29.51 | x |
| 2017-12-31 | CN¥1.63 | CN¥29.51 | x |
| 2018-12-31 | CN¥1.95 | CN¥29.51 | x |
| 2019-12-31 | CN¥2.67 | CN¥29.51 | x |
| 2020-12-31 | CN¥3.39 | CN¥29.51 | x |
| 2021-12-31 | CN¥6.11 | CN¥29.51 | x |
| 2022-12-31 | CN¥8.68 | CN¥29.51 | x |
| 2023-12-31 | CN¥6.52 | CN¥29.51 | x |
| 2024-12-31 | CN¥6.22 | CN¥29.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai New Centurion Network 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.01%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.18x
- Recent ROE (2.09%) is below the historical average (21.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 55.51% | 23.05% | 1.28x | 1.88x | CN¥54.96 Million |
| 2017 | 20.65% | 10.15% | 1.05x | 1.93x | CN¥20.09 Million |
| 2018 | 37.93% | 17.21% | 1.18x | 1.87x | CN¥66.86 Million |
| 2019 | 32.30% | 19.05% | 1.01x | 1.67x | CN¥72.91 Million |
| 2020 | 26.11% | 19.34% | 0.85x | 1.60x | CN¥66.94 Million |
| 2021 | 7.09% | 11.71% | 0.47x | 1.29x | CN¥-28.36 Million |
| 2022 | 5.59% | 9.29% | 0.50x | 1.21x | CN¥-44.87 Million |
| 2023 | 5.59% | 9.36% | 0.50x | 1.20x | CN¥-46.96 Million |
| 2024 | 2.09% | 4.01% | 0.44x | 1.18x | CN¥-80.88 Million |
Industry Comparison
This section compares Shanghai New Centurion Network 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: $1,406,142,259
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai New Centurion Network Information Technology Co Ltd (605398) | CN¥1.03 Billion | 55.51% | 0.13x | $190.20 Million |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| SZZT Electronics Co Ltd (002197) | $1.08 Billion | 5.10% | 0.54x | $534.28 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |