Cyngn Inc
Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software in the United States. The company develops Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; and Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and generating/aggregating/analyzing data. It also develops C… Read more
Cyngn Inc (CYN) - Net Assets
Latest net assets as of September 2025: $38.68 Million USD
Based on the latest financial reports, Cyngn Inc (CYN) has net assets worth $38.68 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($49.27 Million) and total liabilities ($10.59 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 | $38.68 Million |
| % of Total Assets | 78.51% |
| Annual Growth Rate | -3.43% |
| 5-Year Change | 107.11% |
| 10-Year Change | N/A |
| Growth Volatility | 132.15 |
Cyngn Inc - Net Assets Trend (2019–2024)
This chart illustrates how Cyngn 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 Cyngn Inc (2019–2024)
The table below shows the annual net assets of Cyngn Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $11.59 Million | +9.01% |
| 2023-12-31 | $10.64 Million | -55.90% |
| 2022-12-31 | $24.12 Million | +8.41% |
| 2021-12-31 | $22.25 Million | +297.44% |
| 2020-12-31 | $5.60 Million | -59.45% |
| 2019-12-31 | $13.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cyngn 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 8891470900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00 | 0.00% |
| Other Components | $200.86 Million | 1732.53% |
| Total Equity | $11.59 Million | 100.00% |
Cyngn Inc Competitors by Market Cap
The table below lists competitors of Cyngn Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALT Telecom Public Company Limited
BK:ALT
|
$12.78 Million |
|
Asahimas Flat Glass Tbk
JK:AMFG
|
$12.78 Million |
|
Thaire Life Assurance Public Company Limited
BK:THREL
|
$12.78 Million |
|
We.Connect SA
F:77P
|
$12.78 Million |
|
Stella Holdings Bhd
KLSE:5006
|
$12.75 Million |
|
Mostostal Warszawa S.A.
WAR:MSW
|
$12.75 Million |
|
Nagarjuna Fertilizers and Chemicals Limited
NSE:NAGAFERT
|
$12.75 Million |
|
HANBIT SOFT Inc
KQ:047080
|
$12.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cyngn Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,635,189 to 11,593,650, a change of 958,461 (9.0%).
- Net loss of 29,252,284 reduced equity.
- Dividend payments of 597 reduced retained earnings.
- New share issuances of 29,158,712 increased equity.
- Other factors increased equity by 1,052,630.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.25 Million | -252.31% |
| Dividends Paid | $597.00 | -0.01% |
| Share Issuances | $29.16 Million | +251.51% |
| Other Changes | $1.05 Million | +9.08% |
| Total Change | $- | 9.01% |
Book Value vs Market Value Analysis
This analysis compares Cyngn 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: 0.30x
- 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 increased from 0.00x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1333.74 | $2.67 | x |
| 2020-12-31 | $535.92 | $2.67 | x |
| 2021-12-31 | $345.04 | $2.67 | x |
| 2022-12-31 | $69.01 | $2.67 | x |
| 2023-12-31 | $24.18 | $2.67 | x |
| 2024-12-31 | $8.77 | $2.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cyngn 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): -252.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7946.01%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.60x
- Recent ROE (-252.31%) is below the historical average (-133.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -67.63% | -7498.07% | 0.01x | 1.02x | $-10.72 Million |
| 2020 | -148.97% | 0.00% | 0.00x | 1.19x | $-8.90 Million |
| 2021 | -35.06% | 0.00% | 0.00x | 1.02x | $-10.02 Million |
| 2022 | -79.76% | -7342.18% | 0.01x | 1.06x | $-21.65 Million |
| 2023 | -214.49% | -1531.66% | 0.11x | 1.23x | $-23.87 Million |
| 2024 | -252.31% | -7946.01% | 0.01x | 2.60x | $-30.41 Million |
Industry Comparison
This section compares Cyngn Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cyngn Inc (CYN) | $38.68 Million | -67.63% | 0.27x | $12.76 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |