Digital Currency X Technology Inc. (DCX) - Net Assets
Based on the latest financial reports, Digital Currency X Technology Inc. (DCX) has net assets worth $-166.29 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($490.91 Million) and total liabilities ($657.20 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 Digital Currency X Technology Inc. (DCX) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-166.29 Million |
| % of Total Assets | -33.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 251.72 |
Digital Currency X Technology Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Digital Currency X Technology Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Digital Currency X Technology Inc. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Digital Currency X Technology Inc. (2021–2024)
The table below shows the annual net assets of Digital Currency X Technology Inc. from 2021 to 2024. For live valuation and market cap data, see Digital Currency X Technology Inc. (DCX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-145.49 Million | -84.45% |
| 2023-12-31 | $-78.87 Million | -589.05% |
| 2022-12-31 | $16.13 Million | -85.60% |
| 2021-12-31 | $112.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Digital Currency X Technology 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 19233500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.00K | % |
| Other Comprehensive Income | $13.22 Million | % |
| Other Components | $168.63 Million | % |
| Total Equity | $-179.27 Million | 100.00% |
Digital Currency X Technology Inc. Competitors by Market Cap
The table below lists competitors of Digital Currency X Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Geekco Technologies Corp
V:GKO
|
$2.99 Million |
|
MQ Technology Bhd
KLSE:0070
|
$2.99 Million |
|
Century Global Commodities Corp
TO:CNT
|
$2.99 Million |
|
BP Prudhoe Bay Royalty Trust
NYSE:BPT
|
$2.99 Million |
|
Dongwon Systems Corp
KO:014825
|
$2.98 Million |
|
Olivut Resources Ltd
V:OLV
|
$2.98 Million |
|
Argeo AS
OL:ARGEO
|
$2.98 Million |
|
Science Group plc
LSE:SAG
|
$2.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Digital Currency X Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -132,834,000 to -179,267,000, a change of -46,433,000.
- Net loss of 46,895,000 reduced equity.
- New share issuances of 2,820,000 increased equity.
- Other comprehensive income increased equity by 462,000.
- Other factors decreased equity by 2,820,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-46.90 Million | -26.16% |
| Share Issuances | $2.82 Million | +1.57% |
| Other Comprehensive Income | $462.00K | +0.26% |
| Other Changes | $-2.82 Million | -1.57% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Digital Currency X Technology 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-2672.16 | $2.07 | x |
| 2022-12-31 | $-22150.84 | $2.07 | x |
| 2023-12-31 | $-43466.62 | $2.07 | x |
| 2024-12-31 | $-57237.23 | $2.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Digital Currency X Technology 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -678.16%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -134.11% | 0.03x | 0.00x | $-29.08 Million |
| 2022 | 0.00% | -516.38% | 0.02x | 0.00x | $-70.40 Million |
| 2023 | 0.00% | -718.24% | 0.02x | 0.00x | $-54.83 Million |
| 2024 | 0.00% | -678.16% | 0.01x | 0.00x | $-28.97 Million |
Industry Comparison
This section compares Digital Currency X Technology Inc.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $822,712,000
- Average return on equity (ROE) among peers: -1522.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digital Currency X Technology Inc. (DCX) | $-166.29 Million | 0.00% | N/A | $2.99 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $157.60 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $68.94K | -12821.26% | 39.30x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $4.06 Million | -335.26% | 4.74x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $263.77 Million | -6.23% | 0.10x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $112.03 Million | -26.70% | 6.22x | $3.81 Million |
| China Yuchai International Limited (CYD) | $6.79 Billion | 16.65% | 1.39x | $1.50 Billion |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Digital Currency X Technology Inc.
Digital Currency X Technology Inc. engages in the design and development, production, sale, and after-sale service new energy vehicles and vehicle parts. in China. The company offers passenger vehicles, including small cars, sedans, and sports utility vehicles; and commercial vehicles, such as light trucks and vans. It also exports its products. The company was formerly known as Chijet Motor Comp… Read more