Hefei Gocom Information Technology Co Ltd (688367) - Net Assets

Latest as of September 2025: CN¥591.74 Million CNY ≈ $86.59 Million USD

Based on the latest financial reports, Hefei Gocom Information Technology Co Ltd (688367) has net assets worth CN¥591.74 Million CNY (≈ $86.59 Million USD) 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 ≈ $107.77 Million USD) and total liabilities (CN¥144.72 Million ≈ $21.18 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 Gocom Information Technology Co Lt to evaluate the company's liquid asset resilience ratio.

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. Also explore Hefei Gocom Information Technology Co Lt assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 688367 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥596.63 Million ≈ $87.31 Million	+3.55%
2023-12-31	CN¥576.17 Million ≈ $84.31 Million	+1.23%
2022-12-31	CN¥569.14 Million ≈ $83.28 Million	+8.09%
2021-12-31	CN¥526.52 Million ≈ $77.05 Million	+87.03%
2020-12-31	CN¥281.51 Million ≈ $41.19 Million	+14.45%
2019-12-31	CN¥245.98 Million ≈ $35.99 Million	+10.91%
2018-12-31	CN¥221.78 Million ≈ $32.45 Million	+10.41%
2017-12-31	CN¥200.87 Million ≈ $29.39 Million	-7.35%
2016-12-31	CN¥216.81 Million ≈ $31.73 Million	+18.45%
2014-12-31	CN¥183.05 Million ≈ $26.79 Million	+6.01%
2013-12-31	CN¥172.67 Million ≈ $25.27 Million	-10.87%
2012-12-31	CN¥193.73 Million ≈ $28.35 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
Sappi Ltd JSE:SAP	$517.83 Million
CMS Info Systems Limited NSE:CMSINFO	$517.87 Million
Potbelly Co NASDAQ:PBPB	$517.96 Million
Microvast Holdings Inc NASDAQ:MVST	$517.97 Million
Sichuan Huiyuan Optical Com SHE:000586	$517.44 Million
Chongqing Mas Sci&Tech SHE:300275	$517.41 Million
Berry Genomics Co Ltd SHE:000710	$517.31 Million
Veradigm Inc. NASDAQ:MDRX	$517.27 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: 5.95x
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 14.94x to 5.95x 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¥40.36	x
2013-12-31	CN¥2.73	CN¥40.36	x
2014-12-31	CN¥2.80	CN¥40.36	x
2016-12-31	CN¥2.71	CN¥40.36	x
2017-12-31	CN¥3.07	CN¥40.36	x
2018-12-31	CN¥3.35	CN¥40.36	x
2019-12-31	CN¥2.81	CN¥40.36	x
2020-12-31	CN¥3.22	CN¥40.36	x
2021-12-31	CN¥6.04	CN¥40.36	x
2022-12-31	CN¥6.51	CN¥40.36	x
2023-12-31	CN¥6.59	CN¥40.36	x
2024-12-31	CN¥6.79	CN¥40.36	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: $1,003,942,129
Average return on equity (ROE) among peers: 8.18%

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	$517.51 Million
China High-Speed Railway Technology (000008)	$161.88 Million	4.69%	0.58x	$1.07 Billion
Nanjing Zhongbei Group Co Ltd (000421)	$264.23 Million	15.10%	0.57x	$532.91 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-828.52 Million	0.00%	0.00x	$1.00 Billion
Vontron Technology Co Ltd (000920)	$583.83 Million	12.70%	0.57x	$813.31 Million
China Railway Materials Co Ltd (000927)	$3.32 Billion	3.02%	1.22x	$2.49 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$1.82 Billion	5.72%	0.35x	$669.27 Million
Sichuan Fulin Transportation Group Co Ltd (002357)	$1.39 Billion	4.99%	0.88x	$540.85 Million
Tianjin Keyvia Electric Co Ltd (300407)	$1.81 Billion	5.18%	0.77x	$628.95 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.38 Billion	2.95%	0.85x	$1.20 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$140.60 Million	27.43%	1.57x	$1.22 Billion

About Hefei Gocom Information Technology Co Ltd

SHG:688367 China Railroads

Market Cap

$517.51 Million

CN¥3.54 Billion CNY

Market Cap Rank

#12404 Global

#3844 in China

Share Price

CN¥40.36

Change (1 day)

-0.59%

52-Week Range

CN¥16.45 - CN¥41.85

All Time High

CN¥41.85