Shanghai New Centurion Network Information Technology Co Ltd (605398) - Net Assets
Based on the latest financial reports, Shanghai New Centurion Network Information Technology Co Ltd (605398) has net assets worth CN¥1.04 Billion CNY (≈ $152.03 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.19 Billion ≈ $174.37 Million USD) and total liabilities (CN¥152.67 Million ≈ $22.34 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 tangible net worth ratio of Shanghai New Centurion Network Informati to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 87.19% |
| Annual Growth Rate | 26.71% |
| 5-Year Change | 6.09% |
| 10-Year Change | N/A |
| Growth Volatility | 40.65 |
Shanghai New Centurion Network Information Technology Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Shanghai New Centurion Network Information Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai New Centurion Network Informati defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai New Centurion Network Information Technology Co Ltd (2016–2025)
The table below shows the annual net assets of Shanghai New Centurion Network Information Technology Co Ltd from 2016 to 2025. For live valuation and market cap data, see 605398 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.04 Billion ≈ $151.58 Million |
+1.27% |
| 2024-12-31 | CN¥1.02 Billion ≈ $149.68 Million |
-4.01% |
| 2023-12-31 | CN¥1.07 Billion ≈ $155.94 Million |
+4.62% |
| 2022-12-31 | CN¥1.02 Billion ≈ $149.05 Million |
+4.32% |
| 2021-12-31 | CN¥976.40 Million ≈ $142.88 Million |
+134.91% |
| 2020-12-31 | CN¥415.64 Million ≈ $60.82 Million |
+27.07% |
| 2019-12-31 | CN¥327.10 Million ≈ $47.87 Million |
+36.59% |
| 2018-12-31 | CN¥239.47 Million ≈ $35.04 Million |
+26.93% |
| 2017-12-31 | CN¥188.67 Million ≈ $27.61 Million |
+53.36% |
| 2016-12-31 | CN¥123.03 Million ≈ $18.00 Million |
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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 459.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥431.06 Million | 41.61% |
| Other Components | CN¥604.81 Million | 58.39% |
| Total Equity | CN¥1.04 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 |
|---|---|
|
ChinaEtek Service & Technology Co. Ltd.
SHE:301208
|
$523.63 Million |
|
Kambi Group PLC Series B
IL:0EAW
|
$523.64 Million |
|
IDI S.C.A.
PA:IDIP
|
$523.70 Million |
|
CMS Info Systems Limited
NSE:CMSINFO
|
$523.82 Million |
|
Mstc Limited
NSE:MSTCLTD
|
$523.50 Million |
|
Care Property Invest NV
BR:CPINV
|
$523.34 Million |
|
Hoang Huy Investment Financial
VN:TCH
|
$523.28 Million |
|
CoinShares PLC Ordinary Shares
NASDAQ:CSHR
|
$523.17 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 2024 to 2025, total equity changed from 1,022,640,399 to 1,035,873,201, a change of 13,232,802 (1.3%).
- Net income of 16,131,911 contributed positively to equity growth.
- Dividend payments of 2,423,692 reduced retained earnings.
- Other comprehensive income decreased equity by 29,988,867.
- Other factors increased equity by 29,513,450.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.13 Million | +1.56% |
| Dividends Paid | CN¥2.42 Million | -0.23% |
| Other Comprehensive Income | CN¥-29.99 Million | -2.9% |
| Other Changes | CN¥29.51 Million | +2.85% |
| Total Change | CN¥- | 1.29% |
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: 3.45x
- 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 10.79x to 3.45x 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¥21.99 | x |
| 2017-12-31 | CN¥1.63 | CN¥21.99 | x |
| 2018-12-31 | CN¥1.95 | CN¥21.99 | x |
| 2019-12-31 | CN¥2.67 | CN¥21.99 | x |
| 2020-12-31 | CN¥3.39 | CN¥21.99 | x |
| 2021-12-31 | CN¥6.11 | CN¥21.99 | x |
| 2022-12-31 | CN¥8.68 | CN¥21.99 | x |
| 2023-12-31 | CN¥6.55 | CN¥21.99 | x |
| 2024-12-31 | CN¥6.28 | CN¥21.99 | x |
| 2025-12-31 | CN¥6.37 | CN¥21.99 | 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): 1.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.95%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.20x
- Recent ROE (1.56%) is below the historical average (19.44%), 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 |
| 2025 | 1.56% | 2.95% | 0.44x | 1.20x | CN¥-87.46 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: $1,287,784,802
- Average return on equity (ROE) among peers: 10.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai New Centurion Network Information Technology Co Ltd (605398) | CN¥1.04 Billion | 55.51% | 0.15x | $523.59 Million |
| Digital China Group Co Ltd (000034) | $106.09 Million | 15.80% | 2.57x | $2.82 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.25 Billion | 6.83% | 0.51x | $550.78 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $581.96 Million | 5.63% | 1.59x | $717.16 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $1.02 Billion |
| Shanghai HiTech Control System (002184) | $157.63 Million | 23.72% | 1.02x | $535.55 Million |
| SZZT Electronics Co Ltd (002197) | $2.77 Billion | 1.96% | 0.71x | $560.98 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.63 Billion |
| Westone Information Industry Inc (002268) | $1.28 Billion | 9.30% | 0.50x | $1.64 Billion |
| Taiji Computer Corp Ltd (002368) | $1.88 Billion | 9.40% | 1.05x | $1.55 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.14 Billion | 16.98% | 2.15x | $706.48 Million |
About 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