Sound Group Inc. (SOGP) - Net Assets
Based on the latest financial reports, Sound Group Inc. (SOGP) has net assets worth $374.30 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 ($749.61 Million) and total liabilities ($375.32 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. For live market cap and overall valuation, see Sound Group Inc. (SOGP) total market value.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $374.30 Million |
| % of Total Assets | 49.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | 46.96% |
| 10-Year Change | N/A |
| Growth Volatility | 42.91 |
Sound Group Inc. - Net Assets Trend (2017–2025)
This chart illustrates how Sound Group Inc.'s net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Sound Group Inc. (2017–2025)
The table below shows the annual net assets of Sound Group Inc. from 2017 to 2025. See Sound Group Inc. net asset quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $374.53 Million | +74.77% |
| 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 Sound Group 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 161200410200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $590.37K | 0.15% |
| Other Comprehensive Income | $47.20 Million | 11.76% |
| Other Components | $2.67 Billion | 665.28% |
| Total Equity | $401.32 Million | 100.00% |
Sound Group Inc. Competitors by Market Cap
The table below lists competitors of Sound Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jin Yang Pharmaceutical Co. Ltd
KQ:007370
|
$37.79 Million |
|
Sunnic Technology & Merchandise
TWO:3360
|
$37.79 Million |
|
MNC Vision Networks PT
JK:IPTV
|
$37.80 Million |
|
Power Solution Technologies Public Company Limited
BK:PSTC
|
$37.80 Million |
|
Canacol Energy Ltd.
TO:CNE
|
$37.76 Million |
|
Wooshin System
KO:017370
|
$37.76 Million |
|
Euro Yatirim Holding AS
IS:EUHOL
|
$37.73 Million |
|
Hyundai HT CoLtd
KQ:039010
|
$37.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sound Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 235,289,000 to 401,317,390, a change of 166,028,390 (70.6%).
- Net income of 220,311,533 contributed positively to equity growth.
- Dividend payments of 29,457,942 reduced retained earnings.
- Share repurchases of 27,972,546 reduced equity.
- Other comprehensive income increased equity by 14,791,036.
- Other factors decreased equity by 11,643,691.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $220.31 Million | +54.9% |
| Dividends Paid | $29.46 Million | -7.34% |
| Share Repurchases | $27.97 Million | -6.97% |
| Other Comprehensive Income | $14.79 Million | +3.69% |
| Other Changes | $-11.64 Million | -2.9% |
| Total Change | $- | 70.56% |
Book Value vs Market Value Analysis
This analysis compares Sound Group 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: 0.15x
- 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 | $12.35 | x |
| 2018-12-31 | $-223.39 | $12.35 | x |
| 2019-12-31 | $-437.01 | $12.35 | x |
| 2020-12-31 | $38.31 | $12.35 | x |
| 2021-12-31 | $51.39 | $12.35 | x |
| 2022-12-31 | $75.62 | $12.35 | x |
| 2023-12-31 | $0.29 | $12.35 | x |
| 2024-12-31 | $45.83 | $12.35 | x |
| 2025-12-31 | $85.06 | $12.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sound Group 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): 54.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.30%
- • Asset Turnover: 4.02x
- • Equity Multiplier: 1.87x
- Recent ROE (54.90%) is above the historical average (-10.38%), indicating improving 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 |
| 2025 | 54.90% | 7.30% | 4.02x | 1.87x | $180.18 Million |
Industry Comparison
This section compares Sound Group 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: $4,109,430,881
- Average return on equity (ROE) among peers: -17.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sound Group Inc. (SOGP) | $374.30 Million | 0.00% | 1.00x | $37.77 Million |
| Calibre (ALWIN) | $16.63 Million | -38.27% | 2.23x | $8.58 Million |
| ANGI Homeservices Inc (ANGI) | $1.06 Billion | 3.39% | 0.72x | $182.10 Million |
| Arena Group Holdings Inc (AREN) | $6.32 Million | -54.55% | 0.27x | $72.36 Million |
| Autohome Inc (ATHM) | $2.10 Billion | 152.61% | 0.31x | $2.50 Billion |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $25.93 Billion |
| Bilibili Inc (BILI) | $21.72 Billion | -31.35% | 1.40x | $5.75 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $369.51 Million |
| The Beachbody Company, Inc. (BODI) | $99.26 Million | -21.59% | 2.59x | $28.75 Million |
| The Beachbody Company, Inc. (BODI) | $82.76 Million | -184.44% | 2.35x | $48.17 Million |
| Kanzhun Ltd ADR (BZ) | $-1.66 Billion | 0.00% | 0.00x | $5.37 Billion |
About Sound Group Inc.
Sound Group Inc. operates as an AI-powered audio company in the People's Republic of China. The company offers voice live streaming, multi-user voice interaction, and podcast content for social entertainment, online companionship, and interest-based engagement; and content creation platforms, which enable intelligent event planning, voice enhancement, and AI-driven interactive features. It also p… Read more