Montnets Cloud Technology Group Co Ltd (002123) - Net Assets
Based on the latest financial reports, Montnets Cloud Technology Group Co Ltd (002123) has net assets worth CN¥1.54 Billion CNY (≈ $225.45 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.12 Billion ≈ $456.41 Million USD) and total liabilities (CN¥1.58 Billion ≈ $230.96 Million USD). 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 how strategically is Montnets Cloud Technology Group Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.54 Billion |
| % of Total Assets | 49.4% |
| Annual Growth Rate | 16.92% |
| 5-Year Change | -61.77% |
| 10-Year Change | -68.6% |
| Growth Volatility | 66.02 |
Montnets Cloud Technology Group Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Montnets Cloud Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Montnets Cloud Technology Group Co Ltd.
Annual Net Assets for Montnets Cloud Technology Group Co Ltd (2003–2025)
The table below shows the annual net assets of Montnets Cloud Technology Group Co Ltd from 2003 to 2025. Also explore Montnets Cloud Technology Group Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.61 Billion ≈ $236.17 Million |
-6.41% |
| 2024-12-31 | CN¥1.72 Billion ≈ $252.35 Million |
+5.75% |
| 2023-12-31 | CN¥1.63 Billion ≈ $238.62 Million |
-52.39% |
| 2022-12-31 | CN¥3.42 Billion ≈ $501.17 Million |
-18.87% |
| 2021-12-31 | CN¥4.22 Billion ≈ $617.74 Million |
-5.54% |
| 2020-12-31 | CN¥4.47 Billion ≈ $653.98 Million |
+6.96% |
| 2019-12-31 | CN¥4.18 Billion ≈ $611.43 Million |
-8.67% |
| 2018-12-31 | CN¥4.57 Billion ≈ $669.44 Million |
-7.02% |
| 2017-12-31 | CN¥4.92 Billion ≈ $720.01 Million |
-4.27% |
| 2016-12-31 | CN¥5.14 Billion ≈ $752.15 Million |
+5.84% |
| 2015-12-31 | CN¥4.86 Billion ≈ $710.62 Million |
+166.07% |
| 2014-12-31 | CN¥1.83 Billion ≈ $267.08 Million |
-20.45% |
| 2013-12-31 | CN¥2.29 Billion ≈ $335.76 Million |
-2.09% |
| 2012-12-31 | CN¥2.34 Billion ≈ $342.92 Million |
+10.88% |
| 2011-12-31 | CN¥2.11 Billion ≈ $309.28 Million |
+25.92% |
| 2010-12-31 | CN¥1.68 Billion ≈ $245.61 Million |
+26.44% |
| 2009-12-31 | CN¥1.33 Billion ≈ $194.25 Million |
+101.92% |
| 2008-12-31 | CN¥657.41 Million ≈ $96.20 Million |
+26.89% |
| 2007-12-31 | CN¥518.08 Million ≈ $75.81 Million |
+249.71% |
| 2006-12-31 | CN¥148.15 Million ≈ $21.68 Million |
+31.73% |
| 2005-12-31 | CN¥112.46 Million ≈ $16.46 Million |
+78.98% |
| 2004-12-31 | CN¥62.83 Million ≈ $9.19 Million |
+21.33% |
| 2003-12-31 | CN¥51.79 Million ≈ $7.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Montnets Cloud Technology Group Co Ltd'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 15957.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.41 Billion | 217.82% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Montnets Cloud Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of Montnets Cloud Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Rapoo Technology
SHE:002577
|
$899.51 Million |
|
Everlight Electronics Co Ltd
TW:2393
|
$899.62 Million |
|
Shenzhen Bromake New Material Co. Ltd. A
SHE:301387
|
$899.70 Million |
|
KSB SE & Co. KGaA
XETRA:KSB
|
$899.72 Million |
|
Sonaecom SGPS
LS:SNC
|
$898.96 Million |
|
Woori Technology Inc
KQ:032820
|
$898.86 Million |
|
Mako Mining Corp Common Stock
NASDAQ:MAKO
|
$898.84 Million |
|
Tetra Technologies Inc
NYSE:TTI
|
$898.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Montnets Cloud Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,710,917,349 to 1,565,280,060, a change of -145,637,289 (-8.5%).
- Net loss of 216,649,699 reduced equity.
- Dividend payments of 28,108,335 reduced retained earnings.
- Other factors increased equity by 99,120,744.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-216.65 Million | -13.84% |
| Dividends Paid | CN¥28.11 Million | -1.8% |
| Other Changes | CN¥99.12 Million | +6.33% |
| Total Change | CN¥- | -8.51% |
Book Value vs Market Value Analysis
This analysis compares Montnets Cloud Technology Group Co Ltd'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: 3.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 50.61x to 3.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.15 | CN¥7.63 | x |
| 2004-12-31 | CN¥0.18 | CN¥7.63 | x |
| 2005-12-31 | CN¥0.33 | CN¥7.63 | x |
| 2006-12-31 | CN¥0.43 | CN¥7.63 | x |
| 2007-12-31 | CN¥1.19 | CN¥7.63 | x |
| 2008-12-31 | CN¥1.41 | CN¥7.63 | x |
| 2009-12-31 | CN¥2.72 | CN¥7.63 | x |
| 2010-12-31 | CN¥3.14 | CN¥7.63 | x |
| 2011-12-31 | CN¥3.85 | CN¥7.63 | x |
| 2012-12-31 | CN¥4.23 | CN¥7.63 | x |
| 2013-12-31 | CN¥4.07 | CN¥7.63 | x |
| 2014-12-31 | CN¥3.54 | CN¥7.63 | x |
| 2015-12-31 | CN¥7.83 | CN¥7.63 | x |
| 2016-12-31 | CN¥6.02 | CN¥7.63 | x |
| 2017-12-31 | CN¥5.71 | CN¥7.63 | x |
| 2018-12-31 | CN¥5.79 | CN¥7.63 | x |
| 2019-12-31 | CN¥5.28 | CN¥7.63 | x |
| 2020-12-31 | CN¥5.49 | CN¥7.63 | x |
| 2021-12-31 | CN¥5.25 | CN¥7.63 | x |
| 2022-12-31 | CN¥4.27 | CN¥7.63 | x |
| 2023-12-31 | CN¥1.98 | CN¥7.63 | x |
| 2024-12-31 | CN¥2.14 | CN¥7.63 | x |
| 2025-12-31 | CN¥1.94 | CN¥7.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Montnets Cloud Technology Group Co Ltd 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): -13.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.30%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.98x
- Recent ROE (-13.84%) is below the historical average (1.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 15.75% | 13.35% | 0.62x | 1.91x | CN¥2.96 Million |
| 2004 | 18.09% | 14.10% | 0.61x | 2.09x | CN¥5.06 Million |
| 2005 | 31.78% | 21.59% | 0.76x | 1.95x | CN¥24.28 Million |
| 2006 | 34.25% | 21.02% | 0.93x | 1.76x | CN¥35.93 Million |
| 2007 | 16.08% | 22.69% | 0.50x | 1.41x | CN¥31.51 Million |
| 2008 | 20.19% | 22.35% | 0.55x | 1.64x | CN¥65.71 Million |
| 2009 | 14.23% | 20.11% | 0.45x | 1.57x | CN¥55.11 Million |
| 2010 | 16.90% | 20.00% | 0.46x | 1.84x | CN¥109.14 Million |
| 2011 | 14.54% | 17.40% | 0.47x | 1.77x | CN¥88.56 Million |
| 2012 | 5.44% | 8.96% | 0.31x | 1.99x | CN¥-96.69 Million |
| 2013 | 3.69% | 5.74% | 0.30x | 2.15x | CN¥-129.82 Million |
| 2014 | -14.41% | -27.77% | 0.26x | 1.97x | CN¥-436.55 Million |
| 2015 | 2.04% | 5.46% | 0.25x | 1.52x | CN¥-383.67 Million |
| 2016 | 4.98% | 9.15% | 0.40x | 1.35x | CN¥-258.25 Million |
| 2017 | 4.91% | 9.43% | 0.38x | 1.38x | CN¥-249.67 Million |
| 2018 | 1.73% | 2.84% | 0.42x | 1.46x | CN¥-376.37 Million |
| 2019 | -6.66% | -8.69% | 0.54x | 1.43x | CN¥-695.76 Million |
| 2020 | 2.27% | 3.70% | 0.42x | 1.47x | CN¥-344.72 Million |
| 2021 | -5.66% | -7.50% | 0.51x | 1.48x | CN¥-658.95 Million |
| 2022 | -21.08% | -17.37% | 0.66x | 1.84x | CN¥-1.06 Billion |
| 2023 | -112.13% | -34.82% | 1.20x | 2.68x | CN¥-1.99 Billion |
| 2024 | 2.23% | 0.87% | 1.11x | 2.31x | CN¥-132.92 Million |
| 2025 | -13.84% | -8.30% | 0.84x | 1.98x | CN¥-373.18 Million |
Industry Comparison
This section compares Montnets Cloud Technology Group Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,752,940,773
- Average return on equity (ROE) among peers: 8.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Montnets Cloud Technology Group Co Ltd (002123) | CN¥1.54 Billion | 15.75% | 1.02x | $899.26 Million |
| Digital China Information Service Co Ltd (000555) | $-129.10 Million | 0.00% | 0.00x | $1.48 Billion |
| Fujian Newland Computer Co Ltd (000997) | $770.93 Million | 5.35% | 0.32x | $2.90 Billion |
| YGSOFT Inc (002063) | $1.24 Billion | 23.25% | 0.11x | $1.50 Billion |
| Dhc Software Co Ltd (002065) | $145.16 Million | 27.99% | 1.22x | $3.12 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $597.61 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $9.16 Billion | -0.74% | 0.17x | $3.02 Billion |
| Shanghai 2345 Network Holding Group (002195) | $277.79 Million | 7.30% | 0.13x | $5.11 Billion |
| Iflytek Co Ltd (002230) | $19.86 Billion | 4.23% | 1.26x | $13.53 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.38 Billion | 5.29% | 0.61x | $925.45 Million |
About Montnets Cloud Technology Group Co Ltd
Montnets Cloud Technology Group Co., Ltd. engages in the mobile communication business in China and internationally. It offers IM Cloud, an integrated communication platform that achieves instant message communication for enterprises by utilizing text, pictures, audio, and video based on internet and service provider networks. Terminal Cloud gathers all-terminal manufacturers and provides an all-… Read more