QINGCI GAMES INC. -00001 (Z56) - Net Assets
Based on the latest financial reports, QINGCI GAMES INC. -00001 (Z56) has net assets worth €1.87 Billion EUR (≈ $2.19 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.03 Billion ≈ $2.37 Billion USD) and total liabilities (€156.41 Million ≈ $182.87 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 QINGCI GAMES INC. -00001 (Z56) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.87 Billion |
| % of Total Assets | 92.29% |
| Annual Growth Rate | 3.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.18 |
QINGCI GAMES INC. -00001 - Net Assets Trend (2021–2024)
This chart illustrates how QINGCI GAMES INC. -00001's net assets have evolved over time, based on quarterly financial data. Also explore QINGCI GAMES INC. -00001 balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for QINGCI GAMES INC. -00001 (2021–2024)
The table below shows the annual net assets of QINGCI GAMES INC. -00001 from 2021 to 2024. For live valuation and market cap data, see Z56 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.81 Billion ≈ $2.11 Billion |
+3.67% |
| 2023-12-31 | €1.74 Billion ≈ $2.04 Billion |
-0.91% |
| 2022-12-31 | €1.76 Billion ≈ $2.06 Billion |
+6.84% |
| 2021-12-31 | €1.65 Billion ≈ $1.92 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to QINGCI GAMES INC. -00001'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 6403200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.22 Billion | 122.50% |
| Total Equity | €1.82 Billion | 100.00% |
QINGCI GAMES INC. -00001 Competitors by Market Cap
The table below lists competitors of QINGCI GAMES INC. -00001 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southland Holdings Inc.
NASDAQ:SLND
|
$171.54 Million |
|
Sunko Ink Co Ltd
TW:1721
|
$171.54 Million |
|
Fortifai Ltd
AU:FTI
|
$171.64 Million |
|
Yatra Online Limited
NSE:YATRA
|
$171.65 Million |
|
Niu Technologies
NASDAQ:NIU
|
$171.44 Million |
|
Kafrit
TA:KAFR
|
$171.39 Million |
|
Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret AS
IS:TSPOR
|
$171.34 Million |
|
Atlan Holdings Bhd
KLSE:7048
|
$171.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QINGCI GAMES INC. -00001's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,747,329,000 to 1,815,575,000, a change of 68,246,000 (3.9%).
- Net income of 51,120,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €51.12 Million | +2.82% |
| Other Changes | €17.13 Million | +0.94% |
| Total Change | €- | 3.91% |
Book Value vs Market Value Analysis
This analysis compares QINGCI GAMES INC. -00001'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: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €2.40 | €0.25 | x |
| 2022-12-31 | €2.55 | €0.25 | x |
| 2023-12-31 | €2.53 | €0.25 | x |
| 2024-12-31 | €2.63 | €0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QINGCI GAMES INC. -00001 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): 2.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.14%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.09x
- Recent ROE (2.82%) is above the historical average (-4.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -22.31% | -33.21% | 0.59x | 1.14x | €-531.85 Million |
| 2022 | 2.85% | 7.98% | 0.33x | 1.09x | €-126.06 Million |
| 2023 | -2.14% | -4.13% | 0.45x | 1.14x | €-212.10 Million |
| 2024 | 2.82% | 8.14% | 0.32x | 1.09x | €-130.44 Million |
Industry Comparison
This section compares QINGCI GAMES INC. -00001's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $19,014,933,613
- Average return on equity (ROE) among peers: 1.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QINGCI GAMES INC. -00001 (Z56) | €1.87 Billion | -22.31% | 0.08x | $171.45 Million |
| IDREAMSKY TE+H. DL-0001 (08IA) | $1.74 Billion | -31.91% | 1.13x | $88.78 Million |
| OURGAME INT.HOL.DL-00005 (13O) | $687.99 Million | 3.85% | 0.18x | $16.17 Million |
| CREATIVEF. G.S.A-K ZY-23 (19F) | $5.66 Million | -31.06% | 0.08x | $1.02 Million |
| Boyaa Interactive International Limited (1BY) | $2.89 Billion | -8.27% | 0.16x | $219.90 Million |
| STILLFRONT GRP AB SK-07 (1YS0) | $14.24 Billion | 3.92% | 0.69x | $192.76 Million |
| 5TH PLANET GAMES DK -50 (2HG1) | $78.74 Million | 4.39% | 0.05x | $40.05 Million |
| MOVIE GAMES S.A. ZY1 (2LH) | $35.75 Million | 8.64% | 0.23x | $4.33 Million |
| NetDragon Websoft Holdings Limited (3ND) | $5.36 Billion | 15.06% | 0.45x | $555.49 Million |
| BAKED GAMES SA ZY-10 (4U6) | $2.74 Million | 28.70% | 0.03x | $1.44 Million |
| NETEASE INC. O.N. (4Y01) | $165.10 Billion | 20.45% | 0.34x | $62.70 Billion |
About QINGCI GAMES INC. -00001
Qingci Games Inc., an investment holding company, develops, publishes, and operates mobile games in the People's Republic of China, Japan, the United States, Canada, Australia, New Zealand, Hong Kong, Macau, Taiwan, and internationally. It publishes its games with third-party publishers, as well as obtain licenses from third-party game developers to publish and operate their games. The company pr… Read more