CSP Inc (CSPI) - Net Assets
Based on the latest financial reports, CSP Inc (CSPI) has net assets worth $44.81 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($69.15 Million) and total liabilities ($24.34 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. Check asset resilience ratio of CSP Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $44.81 Million |
| % of Total Assets | 64.8% |
| Annual Growth Rate | 2.61% |
| 5-Year Change | 30.86% |
| 10-Year Change | 152.34% |
| Growth Volatility | 16.19 |
CSP Inc - Net Assets Trend (1985–2025)
This chart illustrates how CSP Inc's net assets have evolved over time, based on quarterly financial data. Also explore CSP Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for CSP Inc (1985–2025)
The table below shows the annual net assets of CSP Inc from 1985 to 2025. For live valuation and market cap data, see CSP Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $44.55 Million | -5.75% |
| 2024-09-30 | $47.27 Million | +2.43% |
| 2023-09-30 | $46.15 Million | +18.44% |
| 2022-09-30 | $38.96 Million | +14.44% |
| 2021-09-30 | $34.05 Million | +15.28% |
| 2020-09-30 | $29.53 Million | -2.94% |
| 2019-09-30 | $30.43 Million | -9.98% |
| 2018-09-30 | $33.80 Million | +60.95% |
| 2017-09-30 | $21.00 Million | +18.95% |
| 2016-09-30 | $17.66 Million | -9.88% |
| 2015-09-30 | $19.59 Million | -7.97% |
| 2014-09-30 | $21.29 Million | -7.59% |
| 2013-09-30 | $23.04 Million | -0.03% |
| 2012-09-30 | $23.04 Million | +28.75% |
| 2011-09-30 | $17.90 Million | -3.15% |
| 2010-09-30 | $18.48 Million | -1.16% |
| 2009-09-30 | $18.70 Million | -21.94% |
| 2008-09-30 | $23.95 Million | -5.47% |
| 2007-09-30 | $25.33 Million | +33.94% |
| 2006-09-30 | $18.91 Million | +17.72% |
| 2005-09-30 | $16.07 Million | +14.58% |
| 2004-09-30 | $14.02 Million | +17.53% |
| 2003-09-30 | $11.93 Million | -16.61% |
| 2002-09-30 | $14.31 Million | -39.82% |
| 2001-09-30 | $23.77 Million | -13.38% |
| 2000-09-30 | $27.45 Million | +0.17% |
| 1999-09-30 | $27.40 Million | +3.79% |
| 1998-09-30 | $26.40 Million | +5.60% |
| 1997-09-30 | $25.00 Million | -3.10% |
| 1996-09-30 | $25.80 Million | +0.39% |
| 1995-09-30 | $25.70 Million | -1.91% |
| 1994-09-30 | $26.20 Million | +7.82% |
| 1993-09-30 | $24.30 Million | +9.46% |
| 1992-09-30 | $22.20 Million | +8.82% |
| 1991-09-30 | $20.40 Million | +5.15% |
| 1990-09-30 | $19.40 Million | +3.74% |
| 1989-09-30 | $18.70 Million | +4.47% |
| 1988-09-30 | $17.90 Million | -0.56% |
| 1987-09-30 | $18.00 Million | +1.69% |
| 1986-09-30 | $17.70 Million | +11.32% |
| 1985-09-30 | $15.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CSP 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 grown by 339.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $27.70 Million | 62.18% |
| Common Stock | $99.00K | 0.22% |
| Other Comprehensive Income | $-7.99 Million | -17.94% |
| Other Components | $24.74 Million | 55.54% |
| Total Equity | $44.55 Million | 100.00% |
CSP Inc Competitors by Market Cap
The table below lists competitors of CSP Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Chelic Corp Ltd
TW:4555
|
$88.34 Million |
|
Somnomed Ltd
AU:SOM
|
$88.36 Million |
|
Brand X Co. Ltd.
KQ:337930
|
$88.39 Million |
|
Reworld Media
PA:ALREW
|
$88.40 Million |
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$88.24 Million |
|
Tambun Indah Land Bhd
KLSE:5191
|
$88.24 Million |
|
Max India Limited
NSE:MAXIND
|
$88.24 Million |
|
ULMA Construccion Polska SA
WAR:ULM
|
$88.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CSP Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 47,270,000 to 44,551,000, a change of -2,719,000 (-5.8%).
- Net loss of 91,000 reduced equity.
- Dividend payments of 1,188,000 reduced retained earnings.
- Share repurchases of 869,000 reduced equity.
- Other comprehensive income decreased equity by 2,627,000.
- Other factors increased equity by 2,056,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-91.00K | -0.2% |
| Dividends Paid | $1.19 Million | -2.67% |
| Share Repurchases | $869.00K | -1.95% |
| Other Comprehensive Income | $-2.63 Million | -5.9% |
| Other Changes | $2.06 Million | +4.61% |
| Total Change | $- | -5.75% |
Book Value vs Market Value Analysis
This analysis compares CSP 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: 1.95x
- 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 2.20x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-09-30 | $4.23 | $9.33 | x |
| 1986-09-30 | $4.70 | $9.33 | x |
| 1987-09-30 | $3.79 | $9.33 | x |
| 1988-09-30 | $4.94 | $9.33 | x |
| 1989-09-30 | $5.16 | $9.33 | x |
| 1990-09-30 | $4.19 | $9.33 | x |
| 1991-09-30 | $5.74 | $9.33 | x |
| 1992-09-30 | $4.85 | $9.33 | x |
| 1993-09-30 | $5.48 | $9.33 | x |
| 1994-09-30 | $5.91 | $9.33 | x |
| 1995-09-30 | $5.79 | $9.33 | x |
| 1996-09-30 | $5.82 | $9.33 | x |
| 1997-09-30 | $6.10 | $9.33 | x |
| 1998-09-30 | $5.77 | $9.33 | x |
| 1999-09-30 | $7.38 | $9.33 | x |
| 2000-09-30 | $7.49 | $9.33 | x |
| 2001-09-30 | $6.71 | $9.33 | x |
| 2002-09-30 | $4.06 | $9.33 | x |
| 2003-09-30 | $3.38 | $9.33 | x |
| 2004-09-30 | $3.75 | $9.33 | x |
| 2005-09-30 | $4.20 | $9.33 | x |
| 2006-09-30 | $4.97 | $9.33 | x |
| 2007-09-30 | $6.44 | $9.33 | x |
| 2008-09-30 | $6.33 | $9.33 | x |
| 2009-09-30 | $5.23 | $9.33 | x |
| 2010-09-30 | $5.18 | $9.33 | x |
| 2011-09-30 | $5.14 | $9.33 | x |
| 2012-09-30 | $6.77 | $9.33 | x |
| 2013-09-30 | $6.69 | $9.33 | x |
| 2014-09-30 | $6.08 | $9.33 | x |
| 2015-09-30 | $5.52 | $9.33 | x |
| 2016-09-30 | $4.73 | $9.33 | x |
| 2017-09-30 | $5.50 | $9.33 | x |
| 2018-09-30 | $8.66 | $9.33 | x |
| 2019-09-30 | $7.42 | $9.33 | x |
| 2020-09-30 | $3.67 | $9.33 | x |
| 2021-09-30 | $8.09 | $9.33 | x |
| 2022-09-30 | $4.55 | $9.33 | x |
| 2023-09-30 | $5.16 | $9.33 | x |
| 2024-09-30 | $5.23 | $9.33 | x |
| 2025-09-30 | $4.79 | $9.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CSP 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): -0.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.15%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.60x
- Recent ROE (-0.20%) is below the historical average (3.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 12.58% | 13.70% | 0.80x | 1.14x | $410.00K |
| 1986 | 9.60% | 12.14% | 0.74x | 1.07x | $-70.00K |
| 1987 | 2.78% | 5.32% | 0.48x | 1.08x | $-1.30 Million |
| 1988 | 1.68% | 3.13% | 0.49x | 1.09x | $-1.49 Million |
| 1989 | 4.81% | 7.50% | 0.57x | 1.12x | $-970.00K |
| 1990 | 4.12% | 7.08% | 0.53x | 1.11x | $-1.14 Million |
| 1991 | 5.39% | 8.40% | 0.57x | 1.12x | $-940.00K |
| 1992 | 7.66% | 10.63% | 0.64x | 1.13x | $-520.00K |
| 1993 | 8.23% | 11.11% | 0.65x | 1.15x | $-430.00K |
| 1994 | 6.49% | 8.72% | 0.65x | 1.14x | $-920.00K |
| 1995 | 1.56% | 2.16% | 0.63x | 1.14x | $-2.17 Million |
| 1996 | 0.39% | 0.61% | 0.56x | 1.14x | $-2.48 Million |
| 1997 | -2.80% | -3.59% | 0.56x | 1.40x | $-3.20 Million |
| 1998 | 5.30% | 2.20% | 1.69x | 1.42x | $-1.24 Million |
| 1999 | 4.74% | 2.51% | 1.39x | 1.35x | $-1.44 Million |
| 2000 | 2.46% | 1.09% | 1.67x | 1.35x | $-2.07 Million |
| 2001 | -12.14% | -6.88% | 1.30x | 1.36x | $-5.26 Million |
| 2002 | -39.58% | -20.15% | 1.09x | 1.80x | $-7.09 Million |
| 2003 | -11.60% | -4.26% | 1.23x | 2.21x | $-2.58 Million |
| 2004 | 8.64% | 2.29% | 1.70x | 2.22x | $-191.40K |
| 2005 | 4.69% | 1.31% | 1.86x | 1.93x | $-853.80K |
| 2006 | 10.44% | 2.86% | 1.79x | 2.03x | $83.50K |
| 2007 | 15.98% | 4.31% | 2.02x | 1.83x | $1.52 Million |
| 2008 | -1.70% | -0.53% | 1.54x | 2.09x | $-2.80 Million |
| 2009 | -20.24% | -4.54% | 2.06x | 2.17x | $-5.65 Million |
| 2010 | 4.95% | 0.96% | 2.30x | 2.24x | $-933.90K |
| 2011 | 2.06% | 0.50% | 1.71x | 2.41x | $-1.42 Million |
| 2012 | 28.68% | 7.79% | 1.66x | 2.22x | $4.30 Million |
| 2013 | 1.60% | 0.42% | 1.84x | 2.06x | $-1.94 Million |
| 2014 | 6.27% | 1.58% | 1.83x | 2.18x | $-794.70K |
| 2015 | -1.07% | -0.24% | 1.90x | 2.40x | $-2.17 Million |
| 2016 | 14.75% | 2.52% | 2.12x | 2.76x | $838.50K |
| 2017 | 11.93% | 2.25% | 1.89x | 2.81x | $405.90K |
| 2018 | 42.72% | 19.80% | 1.32x | 1.64x | $11.06 Million |
| 2019 | -1.22% | -0.47% | 1.33x | 1.95x | $-3.41 Million |
| 2020 | -4.90% | -2.34% | 1.15x | 1.82x | $-4.40 Million |
| 2021 | 0.69% | 0.48% | 0.78x | 1.85x | $-3.17 Million |
| 2022 | 4.85% | 3.47% | 0.72x | 1.93x | $-2.01 Million |
| 2023 | 11.28% | 8.05% | 0.98x | 1.43x | $589.20K |
| 2024 | -0.69% | -0.59% | 0.80x | 1.47x | $-5.05 Million |
| 2025 | -0.20% | -0.15% | 0.83x | 1.60x | $-4.55 Million |
Industry Comparison
This section compares CSP Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $994,464,162
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CSP Inc (CSPI) | $44.81 Million | 12.58% | 0.54x | $88.33 Million |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $110.67 Billion |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $89.55 Million |
| Applied Digital Corporation (APLD) | $3.63 Million | -76.89% | 0.16x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $8.21 Million |
| ASGN Inc (ASGN) | $1.38 Billion | 12.69% | 1.14x | $904.39 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $11.68 Million | 53.50% | 0.37x | $1.87 Billion |
| Broadridge Financial Solutions Inc (BR) | $745.80 Million | 25.77% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $133.56 Million | 13.10% | 0.18x | $18.91 Million |
| CACI International Inc (CACI) | $2.67 Billion | 17.16% | 1.32x | $11.34 Billion |
About CSP Inc
CSP Inc. develops and markets IT integration solutions, security products, managed IT services, cloud services, network adapters, and cluster computer systems for commercial and defense customers worldwide. The Technology Solutions segment provides third-party hardware, software, and information technology products, such as data center infrastructure solutions, midrange data storage infrastructur… Read more