Primeton Information Technologies Inc
Primeton Information Technologies, Inc. provides software infrastructure platform products and solutions in China. The company offers intelligent low-code platform, such as microservices platform, business process platform, development and operation integrated platform; intelligent data center, including metadata management platform, master data management platform, big data development platform,… Read more
Primeton Information Technologies Inc (688118) - Net Assets
Latest net assets as of September 2025: CN¥824.50 Million CNY
Based on the latest financial reports, Primeton Information Technologies Inc (688118) has net assets worth CN¥824.50 Million 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¥926.77 Million) and total liabilities (CN¥102.27 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¥824.50 Million |
| % of Total Assets | 88.97% |
| Annual Growth Rate | 23.96% |
| 5-Year Change | -12.38% |
| 10-Year Change | 386.7% |
| Growth Volatility | 69.57 |
Primeton Information Technologies Inc - Net Assets Trend (2013–2024)
This chart illustrates how Primeton Information Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Primeton Information Technologies Inc (2013–2024)
The table below shows the annual net assets of Primeton Information Technologies Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥856.92 Million | -0.11% |
| 2023-12-31 | CN¥857.90 Million | -1.46% |
| 2022-12-31 | CN¥870.61 Million | -5.91% |
| 2021-12-31 | CN¥925.26 Million | -5.39% |
| 2020-12-31 | CN¥978.02 Million | +1.58% |
| 2019-12-31 | CN¥962.82 Million | +246.34% |
| 2018-12-31 | CN¥278.00 Million | +5.56% |
| 2017-12-31 | CN¥263.36 Million | +19.16% |
| 2016-12-31 | CN¥221.00 Million | +25.52% |
| 2015-12-31 | CN¥176.07 Million | +53.17% |
| 2014-12-31 | CN¥114.95 Million | +42.50% |
| 2013-12-31 | CN¥80.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primeton Information Technologies Inc'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 15969009500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥120.90 Million | 14.11% |
| Common Stock | CN¥93.97 Million | 10.97% |
| Other Components | CN¥642.06 Million | 74.93% |
| Total Equity | CN¥856.92 Million | 100.00% |
Primeton Information Technologies Inc Competitors by Market Cap
The table below lists competitors of Primeton Information Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AbraSilver Resource Corp
OTCQX:ABBRF
|
$280.10 Million |
|
Jiangmen Kanhoo Industry Co Ltd
SHE:300340
|
$280.21 Million |
|
Algoma Steel Group Inc
NASDAQ:ASTL
|
$280.31 Million |
|
engcon AB Cl B
ST:ENGCON-B
|
$280.32 Million |
|
Sheela Foam Limited
NSE:SFL
|
$279.73 Million |
|
New Work SE
HM:NWO
|
$279.67 Million |
|
Jiangsu Yabang Dyestuff Co Ltd
SHG:603188
|
$279.63 Million |
|
Bankwell Financial Group Inc
NASDAQ:BWFG
|
$279.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primeton Information Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 857,897,040 to 856,920,942, a change of -976,098 (-0.1%).
- Net income of 6,546,613 contributed positively to equity growth.
- Dividend payments of 9,181,761 reduced retained earnings.
- Other comprehensive income decreased equity by 40,264,807.
- Other factors increased equity by 41,923,857.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥6.55 Million | +0.76% |
| Dividends Paid | CN¥9.18 Million | -1.07% |
| Other Comprehensive Income | CN¥-40.26 Million | -4.7% |
| Other Changes | CN¥41.92 Million | +4.89% |
| Total Change | CN¥- | -0.11% |
Book Value vs Market Value Analysis
This analysis compares Primeton Information Technologies Inc'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: 3.40x
- 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 22.36x to 3.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.41 | CN¥31.56 | x |
| 2014-12-31 | CN¥1.92 | CN¥31.56 | x |
| 2015-12-31 | CN¥2.78 | CN¥31.56 | x |
| 2016-12-31 | CN¥3.31 | CN¥31.56 | x |
| 2017-12-31 | CN¥3.94 | CN¥31.56 | x |
| 2018-12-31 | CN¥4.16 | CN¥31.56 | x |
| 2019-12-31 | CN¥10.09 | CN¥31.56 | x |
| 2020-12-31 | CN¥10.25 | CN¥31.56 | x |
| 2021-12-31 | CN¥9.84 | CN¥31.56 | x |
| 2022-12-31 | CN¥9.48 | CN¥31.56 | x |
| 2023-12-31 | CN¥9.34 | CN¥31.56 | x |
| 2024-12-31 | CN¥9.29 | CN¥31.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primeton Information Technologies Inc 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): 0.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.56%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.14x
- Recent ROE (0.76%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.43% | -0.30% | 0.61x | 2.35x | CN¥-8.41 Million |
| 2014 | 29.91% | 19.06% | 0.76x | 2.06x | CN¥22.89 Million |
| 2015 | 23.11% | 16.44% | 0.86x | 1.63x | CN¥23.08 Million |
| 2016 | 20.33% | 14.25% | 0.92x | 1.56x | CN¥22.84 Million |
| 2017 | 16.08% | 13.35% | 0.83x | 1.46x | CN¥16.02 Million |
| 2018 | 17.28% | 14.12% | 0.86x | 1.41x | CN¥20.23 Million |
| 2019 | 5.22% | 12.70% | 0.36x | 1.13x | CN¥-46.01 Million |
| 2020 | 3.21% | 8.70% | 0.33x | 1.11x | CN¥-66.44 Million |
| 2021 | 4.23% | 8.97% | 0.40x | 1.17x | CN¥-53.40 Million |
| 2022 | 0.14% | 0.29% | 0.42x | 1.17x | CN¥-85.84 Million |
| 2023 | -1.83% | -3.26% | 0.49x | 1.15x | CN¥-101.45 Million |
| 2024 | 0.76% | 1.56% | 0.43x | 1.14x | CN¥-79.15 Million |
Industry Comparison
This section compares Primeton Information Technologies Inc'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 |
|---|---|---|---|---|
| Primeton Information Technologies Inc (688118) | CN¥824.50 Million | -0.43% | 0.12x | $280.04 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 |