Lizhi Inc (SOGP) - Net Assets
Based on the latest financial reports, Lizhi Inc (SOGP) has net assets worth $273.79 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 ($591.44 Million) and total liabilities ($317.65 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 Lizhi Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $273.79 Million |
| % of Total Assets | 46.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | 26.66% |
| 10-Year Change | N/A |
| Growth Volatility | 39.26 |
Lizhi Inc - Net Assets Trend (2017–2024)
This chart illustrates how Lizhi Inc's net assets have evolved over time, based on quarterly financial data. Also explore SOGP total assets for the complete picture of this company's asset base.
Annual Net Assets for Lizhi Inc (2017–2024)
The table below shows the annual net assets of Lizhi Inc from 2017 to 2024. For live valuation and market cap data, see SOGP market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $214.31 Million | -26.11% |
| 2023-12-31 | $290.01 Million | -26.14% |
| 2022-12-31 | $392.66 Million | +54.07% |
| 2021-12-31 | $254.85 Million | +50.63% |
| 2020-12-31 | $169.19 Million | +108.47% |
| 2019-12-31 | $-2.00 Billion | -115.82% |
| 2018-12-31 | $-925.96 Million | -31.70% |
| 2017-12-31 | $-703.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lizhi 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 178644800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $725.00K | 0.31% |
| Other Comprehensive Income | $32.41 Million | 13.77% |
| Other Components | $2.69 Billion | 1144.54% |
| Total Equity | $235.29 Million | 100.00% |
Lizhi Inc Competitors by Market Cap
The table below lists competitors of Lizhi Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Impact BioMedical, Inc.
NYSE MKT:IBO
|
$45.54 Million |
|
Bumi Benowo Sukses Sejahtera Pt
JK:BBSS
|
$45.56 Million |
|
Azion Corporation
TWO:6148
|
$45.59 Million |
|
Aplex Technology
TWO:6570
|
$45.61 Million |
|
Apollo Minerals Ltd
AU:AON
|
$45.49 Million |
|
Sreeleathers Limited
NSE:SREEL
|
$45.49 Million |
|
Siam Steel Service Center Public Company Limited
BK:SSSC
|
$45.48 Million |
|
Cofix Group Ltd
TA:CFX
|
$45.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lizhi Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 299,475,000 to 235,289,000, a change of -64,186,000 (-21.4%).
- Net loss of 69,580,000 reduced equity.
- Share repurchases of 10,190,000 reduced equity.
- Other comprehensive income increased equity by 32,408,000.
- Other factors decreased equity by 16,824,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-69.58 Million | -29.57% |
| Share Repurchases | $10.19 Million | -4.33% |
| Other Comprehensive Income | $32.41 Million | +13.77% |
| Other Changes | $-16.82 Million | -7.15% |
| Total Change | $- | -21.43% |
Book Value vs Market Value Analysis
This analysis compares Lizhi 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: 0.33x
- 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 |
|---|---|---|---|
| 2017-12-31 | $-169.62 | $15.15 | x |
| 2018-12-31 | $-223.39 | $15.15 | x |
| 2019-12-31 | $-437.01 | $15.15 | x |
| 2020-12-31 | $38.31 | $15.15 | x |
| 2021-12-31 | $51.39 | $15.15 | x |
| 2022-12-31 | $75.62 | $15.15 | x |
| 2023-12-31 | $0.29 | $15.15 | x |
| 2024-12-31 | $45.83 | $15.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lizhi 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): -29.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.42%
- • Asset Turnover: 3.90x
- • Equity Multiplier: 2.22x
- Recent ROE (-29.57%) is below the historical average (-18.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -33.88% | 1.87x | 0.00x | $-83.36 Million |
| 2018 | 0.00% | -1.17% | 3.37x | 0.00x | $83.25 Million |
| 2019 | 0.00% | -11.26% | 8.39x | 0.00x | $66.89 Million |
| 2020 | -48.57% | -5.47% | 3.24x | 2.74x | $-99.10 Million |
| 2021 | -49.93% | -6.00% | 3.30x | 2.52x | $-152.74 Million |
| 2022 | 22.03% | 3.96% | 2.81x | 1.98x | $47.25 Million |
| 2023 | -42.29% | -6.11% | 3.66x | 1.89x | $-156.60 Million |
| 2024 | -29.57% | -3.42% | 3.90x | 2.22x | $-93.11 Million |
Industry Comparison
This section compares Lizhi Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $4,720,440,688
- Average return on equity (ROE) among peers: -6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lizhi Inc (SOGP) | $273.79 Million | 0.00% | 1.16x | $45.51 Million |
| Calibre (ALWIN) | $9.89 Million | -68.49% | 2.74x | $11.23 Million |
| ANGI Homeservices Inc (ANGI) | $-22.17 Million | 0.00% | 0.00x | $306.40 Million |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $123.41 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.20 Billion |
| Baidu Inc (BIDU) | $8.41 Billion | 41.94% | 0.31x | $35.02 Billion |
| Bilibili Inc (BILI) | $15.24 Billion | -49.26% | 1.74x | $7.20 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $540.03 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $62.80 Million |
| Kanzhun Ltd ADR (BZ) | $14.96 Billion | 10.59% | 0.29x | $5.37 Billion |
| BuzzFeed Inc (BZFD) | $106.94 Million | -9.44% | 1.07x | $28.12 Million |
About Lizhi Inc
Sound Group Inc. operates as an AI-powered audio company to help people connect better. The company leverages its voice AI technologies and R&D achievements across various audio products, such as automatic speech recognition, text-to-speech, and real-time audio intelligence. The company develops SoundSphereAI, a voice AI technology showcase and experience platform designed for a global audience. … Read more