Hefei Jingsong Intelligent Technology Co. Ltd. A

SHG:688251 China Software - Application
Market Cap
$459.60 Million
CN¥3.37 Billion CNY
Market Cap Rank
#19405 Global
#4627 in China
Share Price
CN¥33.52
Change (1 day)
-2.02%
52-Week Range
CN¥15.87 - CN¥34.21
All Time High
CN¥37.66
About

Hefei Jingsong Intelligent Technology Co.,Ltd. provides smart logistics system solutions in China. It offers smart warehousing, logistic software, logistics equipment, intelligent warehouse and distribution integrated, and smart material handling solutions. The company was founded in 2007 and is headquartered in Hefei, China.

Hefei Jingsong Intelligent Technology Co. Ltd. A (688251) - Net Assets

Latest net assets as of June 2025: CN¥827.20 Million CNY

Based on the latest financial reports, Hefei Jingsong Intelligent Technology Co. Ltd. A (688251) has net assets worth CN¥827.20 Million CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.72 Billion) and total liabilities (CN¥892.26 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¥827.20 Million
% of Total Assets 48.11%
Annual Growth Rate 50.54%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 93.21

Hefei Jingsong Intelligent Technology Co. Ltd. A - Net Assets Trend (2020–2024)

This chart illustrates how Hefei Jingsong Intelligent Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hefei Jingsong Intelligent Technology Co. Ltd. A (2020–2024)

The table below shows the annual net assets of Hefei Jingsong Intelligent Technology Co. Ltd. A from 2020 to 2024.

Year Net Assets Change
2024-12-31 CN¥840.96 Million +5.04%
2023-12-31 CN¥800.61 Million +3.77%
2022-12-31 CN¥771.56 Million +229.43%
2021-12-31 CN¥234.21 Million +43.04%
2020-12-31 CN¥163.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hefei Jingsong Intelligent Technology Co. Ltd. A'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 340.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥235.01 Million 27.95%
Other Components CN¥605.95 Million 72.05%
Total Equity CN¥840.96 Million 100.00%

Hefei Jingsong Intelligent Technology Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Hefei Jingsong Intelligent Technology Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hefei Jingsong Intelligent Technology Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 800,609,859 to 840,960,985, a change of 40,351,125 (5.0%).
  • Net income of 42,912,340 contributed positively to equity growth.
  • Dividend payments of 14,413,696 reduced retained earnings.
  • Other factors increased equity by 11,852,481.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥42.91 Million +5.1%
Dividends Paid CN¥14.41 Million -1.71%
Other Changes CN¥11.85 Million +1.41%
Total Change CN¥- 5.04%

Book Value vs Market Value Analysis

This analysis compares Hefei Jingsong Intelligent Technology Co. Ltd. A'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: 4.02x
  • 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 13.23x to 4.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 CN¥2.53 CN¥33.52 x
2021-12-31 CN¥3.12 CN¥33.52 x
2022-12-31 CN¥7.72 CN¥33.52 x
2023-12-31 CN¥8.01 CN¥33.52 x
2024-12-31 CN¥8.35 CN¥33.52 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hefei Jingsong Intelligent Technology Co. Ltd. A 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): 5.10%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.13%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 2.05x
  • Recent ROE (5.10%) is below the historical average (16.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 32.78% 13.36% 0.67x 3.67x CN¥37.30 Million
2021 29.16% 12.68% 0.65x 3.56x CN¥44.87 Million
2022 9.19% 12.12% 0.45x 1.67x CN¥-6.26 Million
2023 5.28% 6.36% 0.43x 1.92x CN¥-37.77 Million
2024 5.10% 5.13% 0.49x 2.05x CN¥-41.18 Million

Industry Comparison

This section compares Hefei Jingsong Intelligent Technology Co. Ltd. A's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $2,699,797,925
  • Average return on equity (ROE) among peers: 8.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hefei Jingsong Intelligent Technology Co. Ltd. A (688251) CN¥827.20 Million 32.78% 1.08x $75.30 Million
Fujian Newland Computer Co Ltd (000997) $1.34 Billion 5.63% 0.44x $2.13 Billion
YGSOFT Inc (002063) $2.58 Billion 8.78% 0.13x $1.29 Billion
Dhc Software Co Ltd (002065) $9.02 Billion 7.36% 0.57x $2.43 Billion
Zhejiang Netsun Co Ltd (002095) $455.62 Million 7.10% 0.15x $321.69 Million
Montnets Cloud Technology Group Co Ltd (002123) $148.15 Million 34.25% 0.76x $965.78 Million
Beijing Shiji Information Technology Co Ltd (002153) $9.16 Billion -0.74% 0.16x $1.02 Billion
Shanghai 2345 Network Holding Group (002195) $277.79 Million 7.30% 0.13x $6.89 Billion
Iflytek Co Ltd (002230) $599.04 Million 13.40% 0.22x $12.52 Billion
Wisesoft Co Ltd (002253) $1.43 Billion -4.28% 0.22x $253.13 Million
Beijing Join-Cheer Software Co Ltd (002279) $1.98 Billion 6.83% 0.26x $727.41 Million