Weimob Inc
Weimob Inc., an investment holding company, provides digital commerce and media services in the People's Republic of China. It operates through Subscription Solutions and Merchant Solutions segments. The Subscription Solutions segment provides cloud-hosted commerce and marketing software as a service products; customized software; customization services; applications developed by third-party vend… Read more
Weimob Inc (WEMXF) - Net Assets
Latest net assets as of June 2025: $2.01 Billion USD
Based on the latest financial reports, Weimob Inc (WEMXF) has net assets worth $2.01 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 ($6.67 Billion) and total liabilities ($4.66 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.01 Billion |
| % of Total Assets | 30.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | 44.73% |
| 10-Year Change | N/A |
| Growth Volatility | 107.04 |
Weimob Inc - Net Assets Trend (2015–2024)
This chart illustrates how Weimob Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Weimob Inc (2015–2024)
The table below shows the annual net assets of Weimob Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.81 Billion | -35.31% |
| 2023-12-31 | $2.80 Billion | +25.04% |
| 2022-12-31 | $2.24 Billion | -46.82% |
| 2021-12-31 | $4.21 Billion | +236.44% |
| 2020-12-31 | $1.25 Billion | -37.05% |
| 2019-12-31 | $1.99 Billion | +181.80% |
| 2018-12-31 | $-2.43 Billion | -3393.17% |
| 2017-12-31 | $-69.64 Million | +75.70% |
| 2016-12-31 | $-286.52 Million | -381.56% |
| 2015-12-31 | $-59.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Weimob 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 710682000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.30 Million | 0.13% |
| Other Comprehensive Income | $-520.14 Million | -30.12% |
| Other Components | $9.45 Billion | 547.16% |
| Total Equity | $1.73 Billion | 100.00% |
Weimob Inc Competitors by Market Cap
The table below lists competitors of Weimob Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MRC Global Inc
NYSE:MRC
|
$1.14 Billion |
|
Guizhou Aviation Technical Development Co Ltd
SHG:688239
|
$1.14 Billion |
|
CONMED Corporation
NYSE:CNMD
|
$1.14 Billion |
|
Guosheng Financial Holding Inc
SHE:002670
|
$1.14 Billion |
|
Shanghai Moons' Elec Co Ltd
SHG:603728
|
$1.14 Billion |
|
Global Business Travel Group Inc
NYSE:GBTG
|
$1.14 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
$1.14 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Weimob Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,700,157,000 to 1,726,976,000, a change of -973,181,000 (-36.0%).
- Net loss of 1,728,493,000 reduced equity.
- New share issuances of 284,052,000 increased equity.
- Other comprehensive income increased equity by 90,123,001.
- Other factors increased equity by 381,136,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.73 Billion | -100.09% |
| Share Issuances | $284.05 Million | +16.45% |
| Other Comprehensive Income | $90.12 Million | +5.22% |
| Other Changes | $381.14 Million | +22.07% |
| Total Change | $- | -36.04% |
Book Value vs Market Value Analysis
This analysis compares Weimob 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: 0.70x
- 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 |
|---|---|---|---|
| 2015-12-31 | $-0.03 | $0.40 | x |
| 2016-12-31 | $-0.14 | $0.40 | x |
| 2017-12-31 | $-0.32 | $0.40 | x |
| 2018-12-31 | $-1.21 | $0.40 | x |
| 2019-12-31 | $0.95 | $0.40 | x |
| 2020-12-31 | $0.47 | $0.40 | x |
| 2021-12-31 | $1.69 | $0.40 | x |
| 2022-12-31 | $0.86 | $0.40 | x |
| 2023-12-31 | $0.98 | $0.40 | x |
| 2024-12-31 | $0.57 | $0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Weimob 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): -100.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -129.06%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 4.03x
- Recent ROE (-100.09%) is below the historical average (-32.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -77.64% | 1.15x | 0.00x | $-82.34 Million |
| 2016 | 0.00% | -40.87% | 0.63x | 0.00x | $-48.47 Million |
| 2017 | 0.00% | 0.53% | 1.14x | 0.00x | $24.54 Million |
| 2018 | 0.00% | -125.92% | 0.80x | 0.00x | $-846.07 Million |
| 2019 | 15.68% | 21.71% | 0.43x | 1.66x | $112.97 Million |
| 2020 | -110.36% | -58.75% | 0.34x | 5.59x | $-1.26 Billion |
| 2021 | -19.27% | -39.81% | 0.21x | 2.32x | $-1.19 Billion |
| 2022 | -85.03% | -99.39% | 0.23x | 3.71x | $-2.04 Billion |
| 2023 | -28.08% | -34.04% | 0.28x | 2.91x | $-1.03 Billion |
| 2024 | -100.09% | -129.06% | 0.19x | 4.03x | $-1.90 Billion |
Industry Comparison
This section compares Weimob Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weimob Inc (WEMXF) | $2.01 Billion | 0.00% | 2.32x | $1.14 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |