Qi An Xin Technology Group Inc (688561) - Net Assets
Based on the latest financial reports, Qi An Xin Technology Group Inc (688561) has net assets worth CN¥8.16 Billion CNY (≈ $1.19 Billion 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¥14.72 Billion ≈ $2.15 Billion USD) and total liabilities (CN¥6.56 Billion ≈ $959.63 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 Qi An Xin Technology Group Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.16 Billion |
| % of Total Assets | 55.45% |
| Annual Growth Rate | 15.06% |
| 5-Year Change | -12.28% |
| 10-Year Change | N/A |
| Growth Volatility | 35.02 |
Qi An Xin Technology Group Inc - Net Assets Trend (2017–2024)
This chart illustrates how Qi An Xin Technology Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore Qi An Xin Technology Group Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Qi An Xin Technology Group Inc (2017–2024)
The table below shows the annual net assets of Qi An Xin Technology Group Inc from 2017 to 2024. For live valuation and market cap data, see Qi An Xin Technology Group Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.79 Billion ≈ $1.29 Billion |
-13.66% |
| 2023-12-31 | CN¥10.18 Billion ≈ $1.49 Billion |
+2.13% |
| 2022-12-31 | CN¥9.97 Billion ≈ $1.46 Billion |
+0.59% |
| 2021-12-31 | CN¥9.91 Billion ≈ $1.45 Billion |
-1.11% |
| 2020-12-31 | CN¥10.02 Billion ≈ $1.47 Billion |
+98.83% |
| 2019-12-31 | CN¥5.04 Billion ≈ $737.60 Million |
+17.83% |
| 2018-12-31 | CN¥4.28 Billion ≈ $625.99 Million |
+29.88% |
| 2017-12-31 | CN¥3.29 Billion ≈ $481.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qi An Xin Technology Group Inc'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 350497479170.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥685.17 Million | 7.81% |
| Other Comprehensive Income | CN¥264.34 Million | 3.01% |
| Other Components | CN¥12.12 Billion | 138.24% |
| Total Equity | CN¥8.77 Billion | 100.00% |
Qi An Xin Technology Group Inc Competitors by Market Cap
The table below lists competitors of Qi An Xin Technology Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UCloud Technology Co Ltd
SHG:688158
|
$3.01 Billion |
|
Megacable Holdings S. A. B. de C. V
MX:MEGACPO
|
$3.01 Billion |
|
CSSC Steel Structure Engineering Co Ltd
SHG:600072
|
$3.01 Billion |
|
OPENLANE, Inc.
NYSE:OPLN
|
$3.01 Billion |
|
State Grid Information&Communication Co Ltd
SHG:600131
|
$3.01 Billion |
|
Xiamen Xiangyu Co Ltd
SHG:600057
|
$3.01 Billion |
|
Virtu Financial, Inc.
NASDAQ:VIRT
|
$3.00 Billion |
|
SOLVAY S.A. UNSP.ADR/1/10
F:SOL0
|
$3.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qi An Xin Technology Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,162,720,175 to 8,768,551,809, a change of -1,394,168,366 (-13.7%).
- Net loss of 1,379,371,882 reduced equity.
- Dividend payments of 55,114,250 reduced retained earnings.
- Other comprehensive income increased equity by 264,340,845.
- Other factors decreased equity by 224,023,079.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.38 Billion | -15.73% |
| Dividends Paid | CN¥55.11 Million | -0.63% |
| Other Comprehensive Income | CN¥264.34 Million | +3.01% |
| Other Changes | CN¥-224.02 Million | -2.55% |
| Total Change | CN¥- | -13.72% |
Book Value vs Market Value Analysis
This analysis compares Qi An Xin Technology Group Inc'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: 2.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.49x to 2.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥8.62 | CN¥30.11 | x |
| 2018-12-31 | CN¥8.77 | CN¥30.11 | x |
| 2019-12-31 | CN¥7.39 | CN¥30.11 | x |
| 2020-12-31 | CN¥14.73 | CN¥30.11 | x |
| 2021-12-31 | CN¥14.51 | CN¥30.11 | x |
| 2022-12-31 | CN¥14.65 | CN¥30.11 | x |
| 2023-12-31 | CN¥14.16 | CN¥30.11 | x |
| 2024-12-31 | CN¥12.84 | CN¥30.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qi An Xin Technology Group Inc 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): -15.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.72%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.70x
- Recent ROE (-15.73%) is below the historical average (-9.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -19.38% | -76.70% | 0.16x | 1.62x | CN¥-954.93 Million |
| 2018 | -20.29% | -47.98% | 0.27x | 1.58x | CN¥-1.30 Billion |
| 2019 | -9.85% | -15.69% | 0.44x | 1.42x | CN¥-997.19 Million |
| 2020 | -3.34% | -8.04% | 0.33x | 1.24x | CN¥-1.34 Billion |
| 2021 | -5.61% | -9.55% | 0.43x | 1.36x | CN¥-1.54 Billion |
| 2022 | 0.58% | 0.93% | 0.45x | 1.38x | CN¥-937.69 Million |
| 2023 | 0.71% | 1.11% | 0.40x | 1.60x | CN¥-944.52 Million |
| 2024 | -15.73% | -31.72% | 0.29x | 1.70x | CN¥-2.26 Billion |
Industry Comparison
This section compares Qi An Xin Technology Group Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $977,143,599
- Average return on equity (ROE) among peers: -60.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qi An Xin Technology Group Inc (688561) | CN¥8.16 Billion | -19.38% | 0.80x | $3.01 Billion |
| Eastcompeace Technology Co Ltd (002017) | $410.34 Million | 9.14% | 0.48x | $1.61 Billion |
| Wiscom System Co Ltd (002090) | $436.23 Million | 11.30% | 0.39x | $658.27 Million |
| Topsec Technologies Group Inc (002212) | $1.80 Billion | 3.14% | 0.75x | $1.26 Billion |
| Focus Technology Co Ltd (002315) | $1.62 Billion | 10.04% | 0.15x | $1.41 Billion |
| Beijing Venustech Inc (002439) | $994.71 Million | 6.03% | 0.19x | $2.77 Billion |
| Maxvision Technology Corp (002990) | $2.02 Billion | 8.85% | 0.50x | $2.06 Billion |
| Wangsu Science Tech (300017) | $708.43 Million | 5.48% | 0.03x | $5.76 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $1.18 Billion | 10.37% | 0.34x | $1.15 Billion |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $539.78 Million | -23.92% | 1.03x | $3.85 Billion |
| TIZA Information Industry Corporation Inc (300209) | $56.50 Million | -649.13% | 13.39x | $2.37 Billion |
About Qi An Xin Technology Group Inc
Qi An Xin Technology Group Inc., a cybersecurity company, provides cybersecurity products and services for government, enterprises, and other institutions in China and internationally. The company provides security operations and response, threat intelligence, network and perimeter security, endpoint and identity security, and forensics products. In addition, the company operates a security opera… Read more