Beijing Kingsoft Office Software In (688111) - Net Assets
Based on the latest financial reports, Beijing Kingsoft Office Software In (688111) has net assets worth CN¥12.13 Billion CNY (≈ $1.77 Billion 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¥16.63 Billion ≈ $2.43 Billion USD) and total liabilities (CN¥4.50 Billion ≈ $659.17 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 Beijing Kingsoft Office Software In's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥12.13 Billion |
| % of Total Assets | 72.92% |
| Annual Growth Rate | 41.87% |
| 5-Year Change | 65.97% |
| 10-Year Change | 2970.38% |
| Growth Volatility | 119.74 |
Beijing Kingsoft Office Software In - Net Assets Trend (2014–2024)
This chart illustrates how Beijing Kingsoft Office Software In's net assets have evolved over time, based on quarterly financial data. Also explore 688111 asset base for the complete picture of this company's asset base.
Annual Net Assets for Beijing Kingsoft Office Software In (2014–2024)
The table below shows the annual net assets of Beijing Kingsoft Office Software In from 2014 to 2024. For live valuation and market cap data, see Beijing Kingsoft Office Software In stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.44 Billion ≈ $1.67 Billion |
+14.14% |
| 2023-12-31 | CN¥10.02 Billion ≈ $1.47 Billion |
+13.88% |
| 2022-12-31 | CN¥8.80 Billion ≈ $1.29 Billion |
+13.09% |
| 2021-12-31 | CN¥7.78 Billion ≈ $1.14 Billion |
+12.91% |
| 2020-12-31 | CN¥6.89 Billion ≈ $1.01 Billion |
+13.55% |
| 2019-12-31 | CN¥6.07 Billion ≈ $888.02 Million |
+411.28% |
| 2018-12-31 | CN¥1.19 Billion ≈ $173.69 Million |
+14.23% |
| 2017-12-31 | CN¥1.04 Billion ≈ $152.05 Million |
+27.36% |
| 2016-12-31 | CN¥815.82 Million ≈ $119.38 Million |
+119.02% |
| 2015-12-31 | CN¥372.48 Million ≈ $54.51 Million |
+7.66% |
| 2014-12-31 | CN¥345.97 Million ≈ $50.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Kingsoft Office Software In'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 1930.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.30 Billion | 46.69% |
| Common Stock | CN¥462.53 Million | 4.07% |
| Other Comprehensive Income | CN¥19.66 Million | 0.17% |
| Other Components | CN¥5.57 Billion | 49.07% |
| Total Equity | CN¥11.36 Billion | 100.00% |
Beijing Kingsoft Office Software In Competitors by Market Cap
The table below lists competitors of Beijing Kingsoft Office Software In ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yum China Holdings Inc
NYSE:YUMC
|
$17.08 Billion |
|
China Three Gorges New Energy Group Co Ltd
SHG:600905
|
$17.11 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
$17.11 Billion |
|
Global Payments Inc
NYSE:GPN
|
$17.13 Billion |
|
Chocoladefabriken Lindt & Spruengli AG N
SW:LISN
|
$17.08 Billion |
|
MERCK KGAA NAM.SP.ADR
F:MRKC
|
$17.07 Billion |
|
China Merchants Securities Co Ltd
SHG:600999
|
$17.07 Billion |
|
Repsol S.A
F:REPA
|
$17.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Kingsoft Office Software In's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,948,797,727 to 11,355,557,559, a change of 1,406,759,832 (14.1%).
- Net income of 1,645,080,513 contributed positively to equity growth.
- Dividend payments of 406,290,351 reduced retained earnings.
- Share repurchases of 100,028,167 reduced equity.
- Other comprehensive income increased equity by 4,202,840.
- Other factors increased equity by 263,794,997.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.65 Billion | +14.49% |
| Dividends Paid | CN¥406.29 Million | -3.58% |
| Share Repurchases | CN¥100.03 Million | -0.88% |
| Other Comprehensive Income | CN¥4.20 Million | +0.04% |
| Other Changes | CN¥263.79 Million | +2.32% |
| Total Change | CN¥- | 14.14% |
Book Value vs Market Value Analysis
This analysis compares Beijing Kingsoft Office Software In'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: 10.24x
- 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 248.22x to 10.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.01 | CN¥251.94 | x |
| 2015-12-31 | CN¥1.05 | CN¥251.94 | x |
| 2016-12-31 | CN¥2.26 | CN¥251.94 | x |
| 2017-12-31 | CN¥2.91 | CN¥251.94 | x |
| 2018-12-31 | CN¥3.29 | CN¥251.94 | x |
| 2019-12-31 | CN¥13.16 | CN¥251.94 | x |
| 2020-12-31 | CN¥14.87 | CN¥251.94 | x |
| 2021-12-31 | CN¥16.75 | CN¥251.94 | x |
| 2022-12-31 | CN¥18.89 | CN¥251.94 | x |
| 2023-12-31 | CN¥21.52 | CN¥251.94 | x |
| 2024-12-31 | CN¥24.59 | CN¥251.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Kingsoft Office Software In 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): 14.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.13%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.40x
- Recent ROE (14.49%) is above the historical average (9.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.94% | 4.82% | 0.59x | 1.40x | CN¥-20.96 Million |
| 2015 | -39.06% | -36.95% | 0.67x | 1.58x | CN¥-182.73 Million |
| 2016 | 15.93% | 23.95% | 0.57x | 1.16x | CN¥48.35 Million |
| 2017 | 20.63% | 28.45% | 0.59x | 1.23x | CN¥110.43 Million |
| 2018 | 26.17% | 27.50% | 0.69x | 1.37x | CN¥191.97 Million |
| 2019 | 6.60% | 25.36% | 0.23x | 1.13x | CN¥-206.28 Million |
| 2020 | 12.81% | 38.84% | 0.27x | 1.24x | CN¥192.65 Million |
| 2021 | 13.49% | 31.74% | 0.31x | 1.35x | CN¥269.30 Million |
| 2022 | 12.81% | 28.77% | 0.32x | 1.38x | CN¥245.10 Million |
| 2023 | 13.25% | 28.92% | 0.33x | 1.40x | CN¥322.86 Million |
| 2024 | 14.49% | 32.13% | 0.32x | 1.40x | CN¥509.52 Million |
Industry Comparison
This section compares Beijing Kingsoft Office Software In'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 |
|---|---|---|---|---|
| Beijing Kingsoft Office Software In (688111) | CN¥12.13 Billion | 3.94% | 0.37x | $17.08 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 Beijing Kingsoft Office Software In
Beijing Kingsoft Office Software, Inc. provides office software products and services in China and internationally. It offers WPS Office for Windows, Mac, Android, iOS, Linux, Hongmeng, Enterprise Edition PC, and Enterprise Mobile Edition; cloud products comprising Kingsoft Document, WPS collaboration, WPS mailbox, WPS Calendar, and WPS Meeting; and other products, inlcuidng WPS AIPPT, WPS Browse… Read more