Cheetah Mobile Inc (CMCM) - Net Assets
Based on the latest financial reports, Cheetah Mobile Inc (CMCM) has net assets worth $1.96 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.69 Billion) and total liabilities ($2.73 Billion). 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 tangible equity quality of Cheetah Mobile Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.96 Billion |
| % of Total Assets | 41.81% |
| Annual Growth Rate | 34.86% |
| 5-Year Change | -41.68% |
| 10-Year Change | -38.79% |
| Growth Volatility | 369.44 |
Cheetah Mobile Inc - Net Assets Trend (2012–2025)
This chart illustrates how Cheetah Mobile Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Cheetah Mobile Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cheetah Mobile Inc (2012–2025)
The table below shows the annual net assets of Cheetah Mobile Inc from 2012 to 2025. For live valuation and market cap data, see market value of Cheetah Mobile Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.96 Billion | -11.22% |
| 2024-12-31 | $2.21 Billion | -17.04% |
| 2023-12-31 | $2.66 Billion | -14.31% |
| 2022-12-31 | $3.10 Billion | -7.60% |
| 2021-12-31 | $3.36 Billion | -11.58% |
| 2020-12-31 | $3.80 Billion | -23.92% |
| 2019-12-31 | $4.99 Billion | -10.72% |
| 2018-12-31 | $5.59 Billion | +24.16% |
| 2017-12-31 | $4.51 Billion | +40.76% |
| 2016-12-31 | $3.20 Billion | +5.02% |
| 2015-12-31 | $3.05 Billion | +33.52% |
| 2014-12-31 | $2.28 Billion | +284.28% |
| 2013-12-31 | $594.07 Million | +1379.62% |
| 2012-12-31 | $40.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cheetah Mobile 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 11754.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $254.16K | 0.02% |
| Other Comprehensive Income | $362.48 Million | 22.53% |
| Other Components | $2.74 Billion | 170.19% |
| Total Equity | $1.61 Billion | 100.00% |
Cheetah Mobile Inc Competitors by Market Cap
The table below lists competitors of Cheetah Mobile Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asphere Innovations Public Company Limited
BK:AS
|
$35.79 Million |
|
Eurospan Holdings Bhd
KLSE:7094
|
$35.80 Million |
|
WIZIT Co. Ltd
KQ:036090
|
$35.81 Million |
|
Hochschild Mining plc
LSE:HOC
|
$35.84 Million |
|
Integrated Research Ltd
AU:IRI
|
$35.78 Million |
|
Atlantaa Limited
NSE:ATLANTAA
|
$35.77 Million |
|
P3 Health Partners Inc
NASDAQ:PIII
|
$35.75 Million |
|
WiseChip Semiconductor
TWO:5245
|
$35.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cheetah Mobile Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,900,598,000 to 1,608,692,746, a change of -291,905,254 (-15.4%).
- Net loss of 257,713,000 reduced equity.
- Other comprehensive income decreased equity by 47,947,329.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-257.71 Million | -16.02% |
| Other Comprehensive Income | $-47.95 Million | -2.98% |
| Other Changes | $13.76 Million | +0.86% |
| Total Change | $- | -15.36% |
Book Value vs Market Value Analysis
This analysis compares Cheetah Mobile 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: 0.00x
- 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 |
|---|---|---|---|
| 2012-12-31 | $95.87 | $3.50 | x |
| 2013-12-31 | $1307.39 | $3.50 | x |
| 2014-12-31 | $4110.99 | $3.50 | x |
| 2015-12-31 | $5102.18 | $3.50 | x |
| 2016-12-31 | $5428.63 | $3.50 | x |
| 2017-12-31 | $7531.41 | $3.50 | x |
| 2018-12-31 | $194.19 | $3.50 | x |
| 2019-12-31 | $9006.82 | $3.50 | x |
| 2020-12-31 | $6715.15 | $3.50 | x |
| 2021-12-31 | $117.48 | $3.50 | x |
| 2022-12-31 | $5252.78 | $3.50 | x |
| 2023-12-31 | $4169.23 | $3.50 | x |
| 2024-12-31 | $3161.23 | $3.50 | x |
| 2025-12-31 | $2622.63 | $3.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cheetah Mobile 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): -16.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.40%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.91x
- Recent ROE (-16.02%) is below the historical average (-0.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 24.52% | 3.42% | 0.91x | 7.90x | $5.83 Million |
| 2013 | 10.44% | 8.27% | 0.82x | 1.53x | $2.61 Million |
| 2014 | 3.10% | 3.68% | 0.62x | 1.36x | $-152.32 Million |
| 2015 | 6.06% | 4.67% | 0.76x | 1.70x | $-114.85 Million |
| 2016 | -2.67% | -1.76% | 0.82x | 1.84x | $-381.76 Million |
| 2017 | 31.09% | 26.83% | 0.67x | 1.73x | $905.41 Million |
| 2018 | 20.18% | 22.67% | 0.60x | 1.48x | $569.74 Million |
| 2019 | -6.97% | -9.58% | 0.51x | 1.42x | $-837.07 Million |
| 2020 | 11.09% | 26.84% | 0.28x | 1.50x | $40.83 Million |
| 2021 | -10.51% | -45.02% | 0.16x | 1.48x | $-689.22 Million |
| 2022 | -16.93% | -58.08% | 0.17x | 1.69x | $-816.81 Million |
| 2023 | -24.55% | -90.05% | 0.12x | 2.29x | $-848.49 Million |
| 2024 | -32.49% | -76.54% | 0.15x | 2.90x | $-807.62 Million |
| 2025 | -16.02% | -22.40% | 0.25x | 2.91x | $-418.58 Million |
Industry Comparison
This section compares Cheetah Mobile 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: $3,060,798,808
- Average return on equity (ROE) among peers: -26.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cheetah Mobile Inc (CMCM) | $1.96 Billion | 24.52% | 1.39x | $35.79 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $8.50 Million |
| ANGI Homeservices Inc (ANGI) | $1.35 Billion | 2.58% | 0.42x | $203.05 Million |
| Arena Group Holdings Inc (AREN) | $-2.25 Million | 0.00% | 0.00x | $72.36 Million |
| Autohome Inc (ATHM) | $25.17 Billion | 8.08% | 0.22x | $2.14 Billion |
| Baidu Inc (BIDU) | $4.75 Billion | 31.24% | 0.30x | $31.09 Billion |
| Bilibili Inc (BILI) | $1.54 Billion | -59.15% | 0.41x | $5.80 Billion |
| Bumble Inc (BMBL) | $-35.22 Million | 0.00% | 0.00x | $386.08 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $39.53 Million |
| The Beachbody Company, Inc. (BODI) | $28.17 Million | -254.32% | 5.20x | $48.17 Million |
| Kanzhun Ltd ADR (BZ) | $-2.30 Billion | 0.00% | 0.00x | $5.37 Billion |
About Cheetah Mobile Inc
Cheetah Mobile Inc., together with its subsidiaries, provides internet services, artificial intelligence (AI), and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company offers internet products that include Duba Anti-virus applications, such as anti-virus and anti-malware, K+ defense, and membership services; Yuanqi Wallpaper, including desktop beaut… Read more