Chengdu Qinchuan IoT Technology Co Ltd (688528) - Net Assets
Based on the latest financial reports, Chengdu Qinchuan IoT Technology Co Ltd (688528) has net assets worth CN¥435.22 Million CNY (≈ $63.69 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥793.72 Million ≈ $116.15 Million USD) and total liabilities (CN¥358.50 Million ≈ $52.46 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 688528 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥435.22 Million |
| % of Total Assets | 54.83% |
| Annual Growth Rate | 14.86% |
| 5-Year Change | -39.62% |
| 10-Year Change | N/A |
| Growth Volatility | 52.04 |
Chengdu Qinchuan IoT Technology Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Chengdu Qinchuan IoT Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Chengdu Qinchuan IoT Technology Co Ltd (688528) market capitalisation.
Annual Net Assets for Chengdu Qinchuan IoT Technology Co Ltd (2016–2025)
The table below shows the annual net assets of Chengdu Qinchuan IoT Technology Co Ltd from 2016 to 2025. Also explore net asset momentum of Chengdu Qinchuan IoT Technology Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥458.09 Million ≈ $67.03 Million |
-16.18% |
| 2024-12-31 | CN¥546.55 Million ≈ $79.98 Million |
-20.95% |
| 2023-12-31 | CN¥691.36 Million ≈ $101.17 Million |
-7.81% |
| 2022-12-31 | CN¥749.94 Million ≈ $109.74 Million |
-1.15% |
| 2021-12-31 | CN¥758.64 Million ≈ $111.01 Million |
+0.53% |
| 2020-12-31 | CN¥754.64 Million ≈ $110.43 Million |
+158.58% |
| 2019-12-31 | CN¥291.84 Million ≈ $42.71 Million |
+17.86% |
| 2018-12-31 | CN¥247.62 Million ≈ $36.23 Million |
+42.52% |
| 2017-12-31 | CN¥173.74 Million ≈ $25.42 Million |
+31.95% |
| 2016-12-31 | CN¥131.67 Million ≈ $19.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chengdu Qinchuan IoT 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 decreased by 1050.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥584.72 Million | 128.10% |
| Total Equity | CN¥456.44 Million | 100.00% |
Chengdu Qinchuan IoT Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Chengdu Qinchuan IoT Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A
SHG:688565
|
$243.20 Million |
|
BROOGE ENERGY DL-0001
F:3SF
|
$243.29 Million |
|
Cohen & Steers Real Estate Opportunities and Income Fund
NYSE:RLTY
|
$243.31 Million |
|
Amazing Microelectronic
TWO:6411
|
$243.31 Million |
|
Canada Nickel Company Inc
V:CNC
|
$243.10 Million |
|
Bank Of Princeton
NASDAQ:BPRN
|
$243.10 Million |
|
Dustin Group AB
ST:DUST
|
$243.09 Million |
|
CS Disco LLC
NYSE:LAW
|
$243.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Qinchuan IoT Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 545,462,109 to 456,440,812, a change of -89,021,297 (-16.3%).
- Net loss of 117,148,800 reduced equity.
- Dividend payments of 4,307,343 reduced retained earnings.
- Other comprehensive income decreased equity by 42,530,980.
- Other factors increased equity by 74,965,825.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-117.15 Million | -25.67% |
| Dividends Paid | CN¥4.31 Million | -0.94% |
| Other Comprehensive Income | CN¥-42.53 Million | -9.32% |
| Other Changes | CN¥74.97 Million | +16.42% |
| Total Change | CN¥- | -16.32% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Qinchuan IoT 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: 3.43x
- 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 8.33x to 3.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.19 | CN¥9.89 | x |
| 2017-12-31 | CN¥1.60 | CN¥9.89 | x |
| 2018-12-31 | CN¥1.95 | CN¥9.89 | x |
| 2019-12-31 | CN¥2.31 | CN¥9.89 | x |
| 2020-12-31 | CN¥5.07 | CN¥9.89 | x |
| 2021-12-31 | CN¥4.42 | CN¥9.89 | x |
| 2022-12-31 | CN¥5.47 | CN¥9.89 | x |
| 2023-12-31 | CN¥4.08 | CN¥9.89 | x |
| 2024-12-31 | CN¥3.43 | CN¥9.89 | x |
| 2025-12-31 | CN¥2.88 | CN¥9.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Qinchuan IoT 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): -25.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.39%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.79x
- Recent ROE (-25.67%) is below the historical average (2.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 26.11% | 28.52% | 0.55x | 1.66x | CN¥21.21 Million |
| 2017 | 5.64% | 6.08% | 0.59x | 1.57x | CN¥-7.57 Million |
| 2018 | 17.92% | 21.89% | 0.52x | 1.58x | CN¥19.61 Million |
| 2019 | 15.16% | 18.06% | 0.52x | 1.63x | CN¥15.05 Million |
| 2020 | 6.12% | 15.28% | 0.31x | 1.31x | CN¥-29.31 Million |
| 2021 | 3.85% | 9.55% | 0.31x | 1.31x | CN¥-46.66 Million |
| 2022 | 0.18% | 0.37% | 0.35x | 1.39x | CN¥-73.62 Million |
| 2023 | -8.58% | -18.11% | 0.32x | 1.47x | CN¥-128.31 Million |
| 2024 | -11.96% | -20.35% | 0.35x | 1.66x | CN¥-119.78 Million |
| 2025 | -25.67% | -43.39% | 0.33x | 1.79x | CN¥-162.79 Million |
Industry Comparison
This section compares Chengdu Qinchuan IoT Technology Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,906,844,573
- Average return on equity (ROE) among peers: -108.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Qinchuan IoT Technology Co Ltd (688528) | CN¥435.22 Million | 26.11% | 0.82x | $243.13 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $64.03 Million | 37.36% | 0.85x | $2.29 Billion |
| Oriental Times Media Corp (002175) | $88.05 Million | -1156.14% | 12.07x | $472.69 Million |
| Changchun UP Optotech Co Ltd (002338) | $824.44 Million | 7.12% | 0.17x | $1.50 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $875.27 Million | 4.78% | 0.09x | $942.58 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $1.52 Billion | 2.92% | 0.10x | $862.37 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $3.29 Billion | -2.64% | 0.57x | $1.59 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $7.77 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.05 Billion | 4.61% | 0.25x | $718.41 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.67 Billion | 7.60% | 0.18x | $684.71 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $557.68 Million | 1.40% | 8.96x | $507.06 Million |
About Chengdu Qinchuan IoT Technology Co Ltd
Chengdu Qinchuan IoT Technology Co.Ltd. engages in the research and development, manufacturing, sale, and servicing of related products for Internet of Things (IoT) and smart cities in China and internationally. It offers smart city internet of things, such as smart city IoT platform, smart gas internet of things, smart water IoT, and city lifeline; industrial internet of things, including smart … Read more