WiMi Hologram Cloud Inc (WIMI) - Net Assets
Based on the latest financial reports, WiMi Hologram Cloud Inc (WIMI) has net assets worth $2.43 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.40 Billion) and total liabilities ($972.86 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 financial resilience of WiMi Hologram Cloud Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.43 Billion |
| % of Total Assets | 71.37% |
| Annual Growth Rate | 47.72% |
| 5-Year Change | 37.25% |
| 10-Year Change | N/A |
| Growth Volatility | 91.96 |
WiMi Hologram Cloud Inc - Net Assets Trend (2017–2024)
This chart illustrates how WiMi Hologram Cloud Inc's net assets have evolved over time, based on quarterly financial data. Also explore WiMi Hologram Cloud Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for WiMi Hologram Cloud Inc (2017–2024)
The table below shows the annual net assets of WiMi Hologram Cloud Inc from 2017 to 2024. For live valuation and market cap data, see WiMi Hologram Cloud Inc (WIMI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.38 Billion | +81.86% |
| 2023-12-31 | $761.54 Million | -33.74% |
| 2022-12-31 | $1.15 Billion | -14.19% |
| 2021-12-31 | $1.34 Billion | +32.74% |
| 2020-12-31 | $1.01 Billion | +138.71% |
| 2019-12-31 | $422.72 Million | +32.55% |
| 2018-12-31 | $318.92 Million | +253.55% |
| 2017-12-31 | $90.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WiMi Hologram Cloud 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 1992.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $130.78K | 0.01% |
| Other Comprehensive Income | $26.30 Million | 2.63% |
| Other Components | $1.84 Billion | 183.80% |
| Total Equity | $999.18 Million | 100.00% |
WiMi Hologram Cloud Inc Competitors by Market Cap
The table below lists competitors of WiMi Hologram Cloud Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMS SA
WAR:IMS
|
$18.97 Million |
|
Viewbix Inc. Common Stock
NASDAQ:VBIX
|
$18.99 Million |
|
Cosmos Technology International Berhad
KLSE:0261
|
$19.00 Million |
|
Alliance Nickel Ltd
AU:AXN
|
$19.00 Million |
|
Group One Capital Limited
AU:G1C
|
$18.97 Million |
|
Hubei Geoway Investment Co Ltd
SHG:600462
|
$18.96 Million |
|
Aelis Farma SA
PA:AELIS
|
$18.95 Million |
|
Evoke Pharma Inc
NASDAQ:EVOK
|
$18.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WiMi Hologram Cloud Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 752,976,070 to 999,184,118, a change of 246,208,048 (32.7%).
- Net income of 71,641,496 contributed positively to equity growth.
- Other comprehensive income decreased equity by 33,177,221.
- Other factors increased equity by 207,743,773.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $71.64 Million | +7.17% |
| Other Comprehensive Income | $-33.18 Million | -3.32% |
| Other Changes | $207.74 Million | +20.79% |
| Total Change | $- | 32.70% |
Book Value vs Market Value Analysis
This analysis compares WiMi Hologram Cloud 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: 0.08x
- 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 decreased from 1.05x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.53 | $1.60 | x |
| 2018-12-31 | $5.40 | $1.60 | x |
| 2019-12-31 | $7.13 | $1.60 | x |
| 2020-12-31 | $15.41 | $1.60 | x |
| 2021-12-31 | $15.13 | $1.60 | x |
| 2022-12-31 | $12.21 | $1.60 | x |
| 2023-12-31 | $8.63 | $1.60 | x |
| 2024-12-31 | $20.35 | $1.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WiMi Hologram Cloud 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): 7.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.22%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.15x
- Recent ROE (7.17%) is above the historical average (2.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 81.30% | 38.19% | 0.42x | 5.07x | $64.32 Million |
| 2018 | 27.97% | 39.60% | 0.37x | 1.90x | $57.33 Million |
| 2019 | 24.18% | 32.02% | 0.57x | 1.33x | $59.93 Million |
| 2020 | -15.16% | -19.73% | 0.65x | 1.18x | $-250.89 Million |
| 2021 | -18.67% | -25.27% | 0.62x | 1.19x | $-362.38 Million |
| 2022 | -34.02% | -52.43% | 0.54x | 1.20x | $-462.88 Million |
| 2023 | -55.94% | -71.95% | 0.57x | 1.37x | $-496.49 Million |
| 2024 | 7.17% | 13.22% | 0.25x | 2.15x | $-28.28 Million |
Industry Comparison
This section compares WiMi Hologram Cloud Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $416,909,374
- Average return on equity (ROE) among peers: -6.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WiMi Hologram Cloud Inc (WIMI) | $2.43 Billion | 81.30% | 0.40x | $18.97 Million |
| ACCESS Newswire Inc. (ACCS) | $35.42 Million | 2.16% | 0.84x | $31.53 Million |
| Advantage Solutions Inc (ADV) | $2.52 Billion | -6.98% | 1.29x | $202.97 Million |
| Advantage Solutions Inc (ADVWW) | $1.71 Billion | 1.44% | 2.44x | $44.39 |
| Airnet Technology Inc (ANTE) | $266.60 Million | -24.62% | 0.43x | $385.29 Million |
| Applovin Corp (APP) | $-256.57 Million | 0.00% | 0.00x | $128.13 Billion |
| Baosheng Media Group Holdings Ltd (BAOS) | $19.55 Million | 47.03% | 2.96x | $4.04 Million |
| Clear Channel Outdoor Holdings Inc (CCO) | $-140.90 Million | 0.00% | 0.00x | $1.18 Billion |
| Cardlytics Inc (CDLX) | $-162.16 Million | 0.00% | 0.00x | $34.60 Million |
| Cheer Holding Inc. (CHR) | $172.50 Million | 15.59% | 0.19x | $5.39 Million |
| ZW Data Action Technologies Inc (CNET) | $6.25 Million | -95.52% | 0.80x | $2.45 Million |
About WiMi Hologram Cloud Inc
WiMi Hologram Cloud Inc., together with its subsidiaries, provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising, AR Entertainment, and Semiconductor business. The company offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into… Read more