Cepton Inc
Cepton, Inc. provides lidar-based solutions for automotive, smart cities, smart spaces, and smart industrial applications in the United States, Japan, China, and internationally. The company offers autograde lidar sensors, including Cepton Ultra, a slimmest lidar with MagnoSteer technology and proprietary ASIC chipset, enabling a combination of 300-meter range at 10% reflectivity and 0.05° resolu… Read more
Cepton Inc (CPTN) - Net Assets
Latest net assets as of September 2024: $46.82 Million USD
Based on the latest financial reports, Cepton Inc (CPTN) has net assets worth $46.82 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.45 Million) and total liabilities ($16.63 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 | $46.82 Million |
| % of Total Assets | 73.78% |
| Annual Growth Rate | 100.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 254993.87 |
Cepton Inc - Net Assets Trend (2010–2023)
This chart illustrates how Cepton Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cepton Inc (2010–2023)
The table below shows the annual net assets of Cepton Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $60.52 Million | +3606.31% |
| 2022-12-31 | $1.63 Million | +101.87% |
| 2021-12-31 | $-87.53 Million | -56.51% |
| 2020-12-31 | $-55.93 Million | -50.20% |
| 2019-12-31 | $-37.24 Million | -506381.44% |
| 2010-12-31 | $7.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cepton 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 13456735500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-345.00K | -0.57% |
| Other Components | $195.47 Million | 322.97% |
| Total Equity | $60.52 Million | 100.00% |
Cepton Inc Competitors by Market Cap
The table below lists competitors of Cepton Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cambium Networks Corp
NASDAQ:CMBM
|
$18.84 Million |
|
Santos Brasil Participações S.A
SA:STBP3
|
$18.85 Million |
|
Simat Technologies Public Company Limited
BK:SIMAT
|
$18.85 Million |
|
Generation Asia I Acquisition Limited Class A Ordinary Shares
NASDAQ:GAQ
|
$18.85 Million |
|
Artemis Resources Ltd
PINK:ARTTF
|
$18.84 Million |
|
Vukile Property Fund Ltd
JSE:VKE
|
$18.83 Million |
|
AMCON Distributing Company
NYSE MKT:DIT
|
$18.83 Million |
|
Ting Sin Co Ltd
TW:2358
|
$18.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cepton Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,633,000 to 60,524,000, a change of 58,891,000 (3606.3%).
- Net loss of 48,546,000 reduced equity.
- Share repurchases of 63,000 reduced equity.
- New share issuances of 100,892,000 increased equity.
- Other comprehensive income increased equity by 21,000.
- Other factors increased equity by 6,587,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-48.55 Million | -80.21% |
| Share Repurchases | $63.00K | -0.1% |
| Share Issuances | $100.89 Million | +166.7% |
| Other Comprehensive Income | $21.00K | +0.03% |
| Other Changes | $6.59 Million | +10.88% |
| Total Change | $- | 3606.31% |
Book Value vs Market Value Analysis
This analysis compares Cepton 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: 0.85x
- 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.
- The price-to-book ratio has decreased from 2540.90x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $3.25 | x |
| 2019-12-31 | $-17.27 | $3.25 | x |
| 2020-12-31 | $-25.94 | $3.25 | x |
| 2021-12-31 | $-13.04 | $3.25 | x |
| 2022-12-31 | $0.10 | $3.25 | x |
| 2023-12-31 | $3.84 | $3.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cepton 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): -80.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -371.83%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.26x
- Recent ROE (-80.21%) is below the historical average (78.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -25.71% | 0.00% | 0.00x | 1.00x | $-984.80 |
| 2019 | 0.00% | -405.54% | 0.25x | 0.00x | $-13.03 Million |
| 2020 | 0.00% | -978.76% | 0.04x | 0.00x | $-14.04 Million |
| 2021 | 0.00% | -827.23% | 0.26x | 0.00x | $-28.49 Million |
| 2022 | 574.40% | 126.31% | 0.15x | 30.81x | $9.22 Million |
| 2023 | -80.21% | -371.83% | 0.17x | 1.26x | $-54.60 Million |
Industry Comparison
This section compares Cepton Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cepton Inc (CPTN) | $46.82 Million | -25.71% | 0.36x | $18.84 Million |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |