Anhui Ronds Science & Technology Inc Co

SHG:688768 China Information Technology Services
Market Cap
$583.41 Million
CN¥4.28 Billion CNY
Market Cap Rank
#11676 Global
#2787 in China
Share Price
CN¥48.65
Change (1 day)
-3.26%
52-Week Range
CN¥40.41 - CN¥67.60
All Time High
CN¥100.85
About

Anhui Ronds Science & Technology Incorporated Company provides solutions for machinery condition monitoring in the predictive maintenance field in China. Its main products are industrial equipment condition monitoring and fault diagnosis systems. The company offers hardware products, such as sensors, acquisition equipment, and auxiliary equipment; software covering supercare equipment intelligent… Read more

Anhui Ronds Science & Technology Inc Co (688768) - Net Assets

Latest net assets as of September 2025: CN¥1.05 Billion CNY

Based on the latest financial reports, Anhui Ronds Science & Technology Inc Co (688768) has net assets worth CN¥1.05 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¥1.34 Billion) and total liabilities (CN¥292.48 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¥1.05 Billion
% of Total Assets 78.25%
Annual Growth Rate 25.58%
5-Year Change 193.98%
10-Year Change N/A
Growth Volatility 22.48

Anhui Ronds Science & Technology Inc Co - Net Assets Trend (2017–2024)

This chart illustrates how Anhui Ronds Science & Technology Inc Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Anhui Ronds Science & Technology Inc Co (2017–2024)

The table below shows the annual net assets of Anhui Ronds Science & Technology Inc Co from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.05 Billion +30.95%
2023-12-31 CN¥801.51 Million +5.36%
2022-12-31 CN¥760.76 Million +19.89%
2021-12-31 CN¥634.53 Million +77.73%
2020-12-31 CN¥357.02 Million +27.25%
2019-12-31 CN¥280.56 Million +23.60%
2018-12-31 CN¥226.99 Million +6.54%
2017-12-31 CN¥213.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Anhui Ronds Science & Technology Inc Co'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 701.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥454.83 Million 43.34%
Common Stock CN¥87.43 Million 8.33%
Other Comprehensive Income CN¥50.66 Million 4.83%
Other Components CN¥456.65 Million 43.51%
Total Equity CN¥1.05 Billion 100.00%

Anhui Ronds Science & Technology Inc Co Competitors by Market Cap

The table below lists competitors of Anhui Ronds Science & Technology Inc Co ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Anhui Ronds Science & Technology Inc Co's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 801,507,030 to 1,049,557,522, a change of 248,050,492 (30.9%).
  • Net income of 107,522,571 contributed positively to equity growth.
  • Dividend payments of 9,633,103 reduced retained earnings.
  • Other comprehensive income increased equity by 1,053,820.
  • Other factors increased equity by 149,107,204.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥107.52 Million +10.24%
Dividends Paid CN¥9.63 Million -0.92%
Other Comprehensive Income CN¥1.05 Million +0.1%
Other Changes CN¥149.11 Million +14.21%
Total Change CN¥- 30.95%

Book Value vs Market Value Analysis

This analysis compares Anhui Ronds Science & Technology Inc Co'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: 3.83x
  • 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 18.54x to 3.83x 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¥2.62 CN¥48.65 x
2018-12-31 CN¥2.80 CN¥48.65 x
2019-12-31 CN¥3.46 CN¥48.65 x
2020-12-31 CN¥4.40 CN¥48.65 x
2021-12-31 CN¥7.81 CN¥48.65 x
2022-12-31 CN¥9.28 CN¥48.65 x
2023-12-31 CN¥9.72 CN¥48.65 x
2024-12-31 CN¥12.69 CN¥48.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anhui Ronds Science & Technology Inc Co 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): 10.24%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.42%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 1.20x
  • Recent ROE (10.24%) is below the historical average (11.91%), 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 7.11% 15.07% 0.39x 1.20x CN¥-6.17 Million
2018 7.04% 14.13% 0.41x 1.21x CN¥-6.72 Million
2019 14.20% 22.12% 0.48x 1.33x CN¥11.79 Million
2020 20.84% 28.21% 0.55x 1.34x CN¥38.71 Million
2021 12.80% 20.46% 0.51x 1.22x CN¥17.78 Million
2022 15.26% 21.22% 0.55x 1.31x CN¥39.98 Million
2023 7.82% 12.59% 0.47x 1.33x CN¥-17.45 Million
2024 10.24% 18.42% 0.46x 1.20x CN¥2.57 Million

Industry Comparison

This section compares Anhui Ronds Science & Technology Inc Co'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
Anhui Ronds Science & Technology Inc Co (688768) CN¥1.05 Billion 7.11% 0.28x $378.37 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