Hefei Jingsong Intelligent Technology Co. Ltd. A (688251) - Net Assets
Based on the latest financial reports, Hefei Jingsong Intelligent Technology Co. Ltd. A (688251) has net assets worth CN¥827.20 Million CNY (≈ $121.04 Million USD) 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 ≈ $251.61 Million USD) and total liabilities (CN¥892.26 Million ≈ $130.57 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 asset resilience ratio of Hefei Jingsong Intelligent Technology Co to evaluate the company's liquid asset resilience ratio.
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. Also explore 688251 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Hefei Jingsong Intelligent Technology Co (688251) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥840.96 Million ≈ $123.06 Million |
+5.04% |
| 2023-12-31 | CN¥800.61 Million ≈ $117.15 Million |
+3.77% |
| 2022-12-31 | CN¥771.56 Million ≈ $112.90 Million |
+229.43% |
| 2021-12-31 | CN¥234.21 Million ≈ $34.27 Million |
+43.04% |
| 2020-12-31 | CN¥163.74 Million ≈ $23.96 Million |
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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.
| Company | Market Cap |
|---|---|
|
Banco Santander Brasil SA
BA:BSBR
|
$463.35 Million |
|
Gazit Globe Ltd
TA:GZT
|
$463.36 Million |
|
Qtone Education Group Guangdong Ltd
SHE:300359
|
$463.38 Million |
|
Holsin Engineering Consulting
SHG:603909
|
$463.46 Million |
|
Crescent Capital BDC Inc
NASDAQ:CCAP
|
$463.23 Million |
|
Buana Listya Tama Tbk PT
JK:BULL
|
$463.04 Million |
|
Shenyang Chemical Industry Co Ltd
SHE:000698
|
$462.89 Million |
|
Xiamen R&T Plumbing Technology Co Ltd
SHE:002790
|
$462.89 Million |
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: 3.77x
- 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 12.42x to 3.77x 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¥31.47 | x |
| 2021-12-31 | CN¥3.12 | CN¥31.47 | x |
| 2022-12-31 | CN¥7.72 | CN¥31.47 | x |
| 2023-12-31 | CN¥8.01 | CN¥31.47 | x |
| 2024-12-31 | CN¥8.35 | CN¥31.47 | 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: $2,574,625,840
- Average return on equity (ROE) among peers: 9.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hefei Jingsong Intelligent Technology Co. Ltd. A (688251) | CN¥827.20 Million | 32.78% | 1.08x | $463.28 Million |
| 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 Hefei Jingsong Intelligent Technology Co. Ltd. A
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.