Hefei Gocom Information Technology Co Ltd
Hefei Gocom Information Technology Co.,Ltd. engages in the research and development, production, and sale of industrial railway signal control and intelligent dispatching products in China. The company offers ground industrial railway, underground narrow gauge, and digital intelligence application solutions. It also provides core technology, security system, and innovation platform services. Its … Read more
Hefei Gocom Information Technology Co Ltd (688367) - Net Assets
Latest net assets as of September 2025: CN¥591.74 Million CNY
Based on the latest financial reports, Hefei Gocom Information Technology Co Ltd (688367) has net assets worth CN¥591.74 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¥736.45 Million) and total liabilities (CN¥144.72 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¥591.74 Million |
| % of Total Assets | 80.35% |
| Annual Growth Rate | 9.83% |
| 5-Year Change | 111.94% |
| 10-Year Change | 225.95% |
| Growth Volatility | 24.88 |
Hefei Gocom Information Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Hefei Gocom Information Technology Co Ltd'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 Gocom Information Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Hefei Gocom Information Technology Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥596.63 Million | +3.55% |
| 2023-12-31 | CN¥576.17 Million | +1.23% |
| 2022-12-31 | CN¥569.14 Million | +8.09% |
| 2021-12-31 | CN¥526.52 Million | +87.03% |
| 2020-12-31 | CN¥281.51 Million | +14.45% |
| 2019-12-31 | CN¥245.98 Million | +10.91% |
| 2018-12-31 | CN¥221.78 Million | +10.41% |
| 2017-12-31 | CN¥200.87 Million | -7.35% |
| 2016-12-31 | CN¥216.81 Million | +18.45% |
| 2014-12-31 | CN¥183.05 Million | +6.01% |
| 2013-12-31 | CN¥172.67 Million | -10.87% |
| 2012-12-31 | CN¥193.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hefei Gocom Information Technology 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 363.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥216.14 Million | 36.37% |
| Common Stock | CN¥87.62 Million | 14.74% |
| Other Components | CN¥290.55 Million | 48.89% |
| Total Equity | CN¥594.32 Million | 100.00% |
Hefei Gocom Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Hefei Gocom Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WIRTUALNA POL.BC ZY -05
F:9DE
|
$229.16 Million |
|
Medistim ASA
OL:MEDI
|
$229.18 Million |
|
Inzone Group Co Ltd
SHG:600858
|
$229.27 Million |
|
ToolGen Inc.
KQ:199800
|
$229.27 Million |
|
Alico Inc
NASDAQ:ALCO
|
$229.15 Million |
|
Lanzhou Foci Pharmaceutical Co Ltd
SHE:002644
|
$229.10 Million |
|
JNTC Co. Ltd
KQ:204270
|
$229.09 Million |
|
Shanxi Yongdong Chemistry Industry Co Ltd
SHE:002753
|
$228.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hefei Gocom Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 573,913,648 to 594,319,829, a change of 20,406,181 (3.6%).
- Net income of 26,291,932 contributed positively to equity growth.
- Dividend payments of 8,930,312 reduced retained earnings.
- Other comprehensive income decreased equity by 34,338,300.
- Other factors increased equity by 37,382,861.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.29 Million | +4.42% |
| Dividends Paid | CN¥8.93 Million | -1.5% |
| Other Comprehensive Income | CN¥-34.34 Million | -5.78% |
| Other Changes | CN¥37.38 Million | +6.29% |
| Total Change | CN¥- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Hefei Gocom Information Technology 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: 5.18x
- 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 13.00x to 5.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.70 | CN¥35.12 | x |
| 2013-12-31 | CN¥2.73 | CN¥35.12 | x |
| 2014-12-31 | CN¥2.80 | CN¥35.12 | x |
| 2016-12-31 | CN¥2.71 | CN¥35.12 | x |
| 2017-12-31 | CN¥3.07 | CN¥35.12 | x |
| 2018-12-31 | CN¥3.35 | CN¥35.12 | x |
| 2019-12-31 | CN¥2.81 | CN¥35.12 | x |
| 2020-12-31 | CN¥3.22 | CN¥35.12 | x |
| 2021-12-31 | CN¥6.04 | CN¥35.12 | x |
| 2022-12-31 | CN¥6.51 | CN¥35.12 | x |
| 2023-12-31 | CN¥6.59 | CN¥35.12 | x |
| 2024-12-31 | CN¥6.79 | CN¥35.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hefei Gocom Information Technology 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): 4.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.87%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.32x
- Recent ROE (4.42%) is below the historical average (8.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.42% | 16.84% | 0.37x | 1.34x | CN¥-2.69 Million |
| 2013 | 8.42% | 16.84% | 0.37x | 1.34x | CN¥-2.69 Million |
| 2014 | 5.71% | 11.61% | 0.36x | 1.37x | CN¥-7.76 Million |
| 2016 | -0.37% | -0.89% | 0.32x | 1.30x | CN¥-19.99 Million |
| 2017 | 6.19% | 14.30% | 0.32x | 1.34x | CN¥-7.56 Million |
| 2018 | 9.55% | 16.54% | 0.41x | 1.41x | CN¥-980.73K |
| 2019 | 15.27% | 21.97% | 0.51x | 1.36x | CN¥12.85 Million |
| 2020 | 17.38% | 23.01% | 0.54x | 1.40x | CN¥20.61 Million |
| 2021 | 10.92% | 22.86% | 0.37x | 1.29x | CN¥4.83 Million |
| 2022 | 9.01% | 16.93% | 0.37x | 1.43x | CN¥-5.64 Million |
| 2023 | 3.49% | 8.71% | 0.30x | 1.35x | CN¥-37.35 Million |
| 2024 | 4.42% | 8.87% | 0.38x | 1.32x | CN¥-33.14 Million |
Industry Comparison
This section compares Hefei Gocom Information Technology Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,677,457,496
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hefei Gocom Information Technology Co Ltd (688367) | CN¥591.74 Million | 8.42% | 0.24x | $229.16 Million |
| China High-Speed Railway Technology (000008) | $540.83 Million | 7.24% | 0.13x | $619.07 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $545.89 Million | 18.19% | 3.34x | $269.49 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-280.00 Million | 0.00% | 0.00x | $573.05 Million |
| Vontron Technology Co Ltd (000920) | $120.66 Million | 30.91% | 1.29x | $402.70 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $782.90 Million |
| China Railway Special Cargo Logistics Co. Ltd. (001213) | $17.98 Billion | 2.17% | 0.09x | $419.62 Million |
| Changzhou Evergreen Technology Co. Ltd. A (001324) | $1.09 Billion | 6.59% | 0.24x | $169.48 Million |
| HeNan Splendor Science & Technology Co Ltd (002296) | $723.83 Million | 13.20% | 0.36x | $539.03 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.26% | 0.96x | $441.62 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $387.27 Million |