Guotai Epoint Software Co Ltd (688232) - Net Assets
Based on the latest financial reports, Guotai Epoint Software Co Ltd (688232) has net assets worth CN¥5.38 Billion CNY (≈ $786.95 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¥6.36 Billion ≈ $930.34 Million USD) and total liabilities (CN¥979.94 Million ≈ $143.40 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 688232 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.38 Billion |
| % of Total Assets | 84.59% |
| Annual Growth Rate | 35.33% |
| 5-Year Change | 4.06% |
| 10-Year Change | N/A |
| Growth Volatility | 161.7 |
Guotai Epoint Software Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Guotai Epoint Software Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guotai Epoint Software Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guotai Epoint Software Co Ltd (2017–2025)
The table below shows the annual net assets of Guotai Epoint Software Co Ltd from 2017 to 2025. For live valuation and market cap data, see Guotai Epoint Software Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.42 Billion ≈ $792.96 Million |
-2.39% |
| 2024-12-31 | CN¥5.55 Billion ≈ $812.39 Million |
-1.16% |
| 2023-12-31 | CN¥5.62 Billion ≈ $821.92 Million |
+0.02% |
| 2022-12-31 | CN¥5.62 Billion ≈ $821.74 Million |
+7.84% |
| 2021-12-31 | CN¥5.21 Billion ≈ $762.03 Million |
+494.34% |
| 2020-12-31 | CN¥876.20 Million ≈ $128.21 Million |
+78.99% |
| 2019-12-31 | CN¥489.52 Million ≈ $71.63 Million |
-22.00% |
| 2018-12-31 | CN¥627.62 Million ≈ $91.84 Million |
+30.33% |
| 2017-12-31 | CN¥481.57 Million ≈ $70.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guotai Epoint Software 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 347.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.24 Billion | 22.99% |
| Other Components | CN¥4.17 Billion | 77.01% |
| Total Equity | CN¥5.41 Billion | 100.00% |
Guotai Epoint Software Co Ltd Competitors by Market Cap
The table below lists competitors of Guotai Epoint Software Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
$893.55 Million |
|
Cargojet Inc
TO:CJT
|
$893.83 Million |
|
Gujarat Narmada Valley Fertilizers and Chemicals Limited
NSE:GNFC
|
$894.03 Million |
|
BeiJing Certificate Authority Co Ltd
SHE:300579
|
$894.10 Million |
|
Evertz Technologies Limited
TO:ET
|
$893.31 Million |
|
AXISCADES Technologies Limited
NSE:AXISCADES
|
$893.23 Million |
|
Imperial Metals Corporation
TO:III
|
$893.18 Million |
|
Neuca S.A.
WAR:NEU
|
$892.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guotai Epoint Software Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,542,059,735 to 5,410,432,717, a change of -131,627,018 (-2.4%).
- Net income of 35,040,500 contributed positively to equity growth.
- Dividend payments of 115,913,511 reduced retained earnings.
- Other comprehensive income decreased equity by 165,548,878.
- Other factors increased equity by 114,794,871.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.04 Million | +0.65% |
| Dividends Paid | CN¥115.91 Million | -2.14% |
| Other Comprehensive Income | CN¥-165.55 Million | -3.06% |
| Other Changes | CN¥114.79 Million | +2.12% |
| Total Change | CN¥- | -2.38% |
Book Value vs Market Value Analysis
This analysis compares Guotai Epoint Software 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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.75x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.94 | CN¥18.96 | x |
| 2018-12-31 | CN¥2.53 | CN¥18.96 | x |
| 2019-12-31 | CN¥1.97 | CN¥18.96 | x |
| 2020-12-31 | CN¥3.55 | CN¥18.96 | x |
| 2021-12-31 | CN¥20.45 | CN¥18.96 | x |
| 2022-12-31 | CN¥17.06 | CN¥18.96 | x |
| 2023-12-31 | CN¥17.00 | CN¥18.96 | x |
| 2024-12-31 | CN¥17.09 | CN¥18.96 | x |
| 2025-12-31 | CN¥16.98 | CN¥18.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guotai Epoint Software 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): 0.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.91%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.21x
- Recent ROE (0.65%) is below the historical average (21.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 30.35% | 17.26% | 0.73x | 2.42x | CN¥97.99 Million |
| 2018 | 34.42% | 18.18% | 0.82x | 2.31x | CN¥153.29 Million |
| 2019 | 53.82% | 17.25% | 0.89x | 3.51x | CN¥214.51 Million |
| 2020 | 46.83% | 19.32% | 0.99x | 2.46x | CN¥322.67 Million |
| 2021 | 9.68% | 18.04% | 0.43x | 1.24x | CN¥-16.65 Million |
| 2022 | 10.20% | 20.28% | 0.41x | 1.23x | CN¥11.34 Million |
| 2023 | 3.47% | 7.98% | 0.36x | 1.21x | CN¥-366.45 Million |
| 2024 | 3.69% | 9.52% | 0.32x | 1.21x | CN¥-349.94 Million |
| 2025 | 0.65% | 1.91% | 0.28x | 1.21x | CN¥-506.00 Million |
Industry Comparison
This section compares Guotai Epoint Software Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $4,025,217,489
- Average return on equity (ROE) among peers: 13.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guotai Epoint Software Co Ltd (688232) | CN¥5.38 Billion | 30.35% | 0.18x | $893.32 Million |
| Digital China Information Service Co Ltd (000555) | $3.30 Billion | 10.62% | 1.23x | $1.61 Billion |
| Fujian Newland Computer Co Ltd (000997) | $654.33 Million | 6.35% | 0.51x | $2.63 Billion |
| YGSOFT Inc (002063) | $1.72 Billion | 7.06% | 0.19x | $1.47 Billion |
| Dhc Software Co Ltd (002065) | $145.16 Million | 27.99% | 1.22x | $3.43 Billion |
| Zhejiang Netsun Co Ltd (002095) | $48.97 Million | 27.57% | 0.69x | $492.96 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $112.46 Million | 31.50% | 0.93x | $913.40 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $5.40 Billion | 7.76% | 0.26x | $3.07 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.26 Billion | 0.32% | 0.02x | $5.91 Billion |
| Iflytek Co Ltd (002230) | $17.34 Billion | 8.98% | 0.81x | $14.98 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.28 Billion | 7.10% | 0.51x | $891.37 Million |
About Guotai Epoint Software Co Ltd
Guo Tai Epoint Software Co.,Ltd offers software and information technology solutions in China. The company operates through smart procurement, smart government affairs, and digital construction segments. It provides one-stop online service, big data, office collaboration, and unified city governance; E-government procurement, corporate procurement, and smart bidding tools; digital housing and dev… Read more