Shanghai Newtouch Software Co. Ltd. A

SHG:688590 China Information Technology Services
Market Cap
$532.44 Million
CN¥3.91 Billion CNY
Market Cap Rank
#11930 Global
#2885 in China
Share Price
CN¥14.86
Change (1 day)
-3.38%
52-Week Range
CN¥14.86 - CN¥26.53
All Time High
CN¥26.88
About

Shanghai Newtouch Software Co., Ltd. operates as a software and information technology services company in China. The company offers Xinzhi intelligent customer service system, related transaction management system, Xinzhi financial investment platform, Xinzhi financial management agency sales management platform, Xinzhi intelligent customer service system software, Xinzhi supply chain financial … Read more

Shanghai Newtouch Software Co. Ltd. A (688590) - Net Assets

Latest net assets as of September 2025: CN¥1.58 Billion CNY

Based on the latest financial reports, Shanghai Newtouch Software Co. Ltd. A (688590) has net assets worth CN¥1.58 Billion 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¥3.36 Billion) and total liabilities (CN¥1.79 Billion). 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¥1.58 Billion
% of Total Assets 46.87%
Annual Growth Rate 32.2%
5-Year Change 35.51%
10-Year Change 935.33%
Growth Volatility 42.22

Shanghai Newtouch Software Co. Ltd. A - Net Assets Trend (2012–2024)

This chart illustrates how Shanghai Newtouch Software Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Newtouch Software Co. Ltd. A (2012–2024)

The table below shows the annual net assets of Shanghai Newtouch Software Co. Ltd. A from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.60 Billion +0.54%
2023-12-31 CN¥1.59 Billion +12.37%
2022-12-31 CN¥1.42 Billion +10.51%
2021-12-31 CN¥1.28 Billion +8.54%
2020-12-31 CN¥1.18 Billion +72.23%
2019-12-31 CN¥686.94 Million +12.96%
2018-12-31 CN¥608.14 Million +18.47%
2017-12-31 CN¥513.34 Million +52.33%
2016-12-31 CN¥337.00 Million +117.62%
2014-12-31 CN¥154.85 Million +23.85%
2013-12-31 CN¥125.03 Million +122.28%
2012-12-31 CN¥56.25 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Newtouch Software 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 36511121039.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥347.99 Million 23.86%
Common Stock CN¥265.22 Million 18.19%
Other Comprehensive Income CN¥147.22 Million 10.10%
Other Components CN¥697.78 Million 47.85%
Total Equity CN¥1.46 Billion 100.00%

Shanghai Newtouch Software Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Shanghai Newtouch Software Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Newtouch Software Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,444,712,446 to 1,458,211,222, a change of 13,498,776 (0.9%).
  • Net income of 8,092,740 contributed positively to equity growth.
  • Dividend payments of 61,884,139 reduced retained earnings.
  • Share repurchases of 61,713,799 reduced equity.
  • Other comprehensive income increased equity by 197,774.
  • Other factors increased equity by 128,806,200.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥8.09 Million +0.55%
Dividends Paid CN¥61.88 Million -4.24%
Share Repurchases CN¥61.71 Million -4.23%
Other Comprehensive Income CN¥197.77K +0.01%
Other Changes CN¥128.81 Million +8.83%
Total Change CN¥- 0.93%

Book Value vs Market Value Analysis

This analysis compares Shanghai Newtouch Software 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: 2.75x
  • 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 38.53x to 2.75x 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¥0.39 CN¥14.86 x
2013-12-31 CN¥0.86 CN¥14.86 x
2014-12-31 CN¥1.06 CN¥14.86 x
2016-12-31 CN¥1.74 CN¥14.86 x
2017-12-31 CN¥2.54 CN¥14.86 x
2018-12-31 CN¥2.72 CN¥14.86 x
2019-12-31 CN¥2.35 CN¥14.86 x
2020-12-31 CN¥4.43 CN¥14.86 x
2021-12-31 CN¥4.89 CN¥14.86 x
2022-12-31 CN¥5.33 CN¥14.86 x
2023-12-31 CN¥6.11 CN¥14.86 x
2024-12-31 CN¥5.41 CN¥14.86 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Newtouch Software 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): 0.55%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.41%
  • • Asset Turnover: 0.64x
  • • Equity Multiplier: 2.13x
  • Recent ROE (0.55%) is below the historical average (12.24%), 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 29.67% 5.37% 1.51x 3.67x CN¥10.90 Million
2013 22.72% 7.94% 1.33x 2.16x CN¥15.70 Million
2014 25.47% 8.98% 1.14x 2.49x CN¥23.50 Million
2016 12.38% 4.91% 0.84x 2.99x CN¥6.70 Million
2017 8.16% 3.95% 0.88x 2.35x CN¥-7.82 Million
2018 12.45% 6.11% 0.86x 2.36x CN¥11.94 Million
2019 14.31% 7.12% 0.83x 2.43x CN¥23.96 Million
2020 7.78% 7.60% 0.53x 1.93x CN¥-23.27 Million
2021 12.21% 11.01% 0.64x 1.72x CN¥25.56 Million
2022 -3.57% -3.45% 0.55x 1.87x CN¥-172.63 Million
2023 4.75% 4.08% 0.62x 1.87x CN¥-75.86 Million
2024 0.55% 0.41% 0.64x 2.13x CN¥-137.73 Million

Industry Comparison

This section compares Shanghai Newtouch Software Co. Ltd. A's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,406,142,259
  • Average return on equity (ROE) among peers: 7.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Newtouch Software Co. Ltd. A (688590) CN¥1.58 Billion 29.67% 1.13x $359.08 Million
ZJBC Information Technology Co Ltd (000889) $2.34 Billion 0.86% 0.59x $286.23 Million
Yunnan Nantian Electronics Information Co Ltd (000948) $544.17 Million 2.19% 1.16x $554.08 Million
Guomai Technologies Inc (002093) $128.76 Million 18.12% 0.86x $675.52 Million
Shanghai HiTech Control System (002184) $597.99 Million 8.70% 0.45x $320.48 Million
SZZT Electronics Co Ltd (002197) $1.08 Billion 5.10% 0.54x $534.28 Million
Talkweb Information System Co Ltd (002261) $2.58 Billion -3.89% 1.09x $5.05 Billion
Westone Information Industry Inc (002268) $615.76 Million 14.05% 0.27x $1.36 Billion
Taiji Computer Corp Ltd (002368) $3.42 Billion 9.80% 2.11x $1.05 Billion
Shenzhen Das Intellitech Co Ltd (002421) $118.90 Million 16.46% 0.87x $668.47 Million
Ronglian Group Ltd (002642) $2.63 Billion 1.35% 0.41x $574.03 Million