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¥1.76 Billion CNY (≈ $257.27 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.29 Billion ≈ $481.15 Million USD) and total liabilities (CN¥1.53 Billion ≈ $223.88 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 002123 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.76 Billion |
| % of Total Assets | 53.47% |
| Annual Growth Rate | 18.17% |
| 5-Year Change | -61.41% |
| 10-Year Change | -64.49% |
| Growth Volatility | 67.12 |
Montnets Cloud Technology Group Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Montnets Cloud Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Montnets Cloud Technology Group Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Montnets Cloud Technology Group Co Ltd (2003–2024)
The table below shows the annual net assets of Montnets Cloud Technology Group Co Ltd from 2003 to 2024. For live valuation and market cap data, see market value of Montnets Cloud Technology Group Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 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 14206.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥800.59 Million | 46.79% |
| Other Components | CN¥2.55 Billion | 149.10% |
| Total Equity | CN¥1.71 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 |
|---|---|
|
Neuren Pharmaceuticals Ltd
AU:NEU
|
$1.12 Billion |
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
$1.12 Billion |
|
Tianjin Silvery Dragon
SHG:603969
|
$1.12 Billion |
|
Douglas AG
XETRA:DOU
|
$1.12 Billion |
|
Dezhan HealthCare Co Ltd
SHE:000813
|
$1.12 Billion |
|
The South Indian Bank Limited
NSE:SOUTHBANK
|
$1.12 Billion |
|
Jiangsu Kanion Pharmaceutical Co Ltd
SHG:600557
|
$1.12 Billion |
|
Fujian Longxi Bearing Group Co Ltd
SHG:600592
|
$1.12 Billion |
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 2023 to 2024, total equity changed from 1,625,335,665 to 1,710,917,349, a change of 85,581,684 (5.3%).
- Net income of 38,172,700 contributed positively to equity growth.
- Dividend payments of 58,163,722 reduced retained earnings.
- Other factors increased equity by 105,572,706.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.17 Million | +2.23% |
| Dividends Paid | CN¥58.16 Million | -3.4% |
| Other Changes | CN¥105.57 Million | +6.17% |
| Total Change | CN¥- | 5.27% |
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: 4.44x
- 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 62.88x to 4.44x 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¥9.48 | x |
| 2004-12-31 | CN¥0.18 | CN¥9.48 | x |
| 2005-12-31 | CN¥0.33 | CN¥9.48 | x |
| 2006-12-31 | CN¥0.43 | CN¥9.48 | x |
| 2007-12-31 | CN¥1.19 | CN¥9.48 | x |
| 2008-12-31 | CN¥1.41 | CN¥9.48 | x |
| 2009-12-31 | CN¥2.72 | CN¥9.48 | x |
| 2010-12-31 | CN¥3.14 | CN¥9.48 | x |
| 2011-12-31 | CN¥3.85 | CN¥9.48 | x |
| 2012-12-31 | CN¥4.23 | CN¥9.48 | x |
| 2013-12-31 | CN¥4.07 | CN¥9.48 | x |
| 2014-12-31 | CN¥3.54 | CN¥9.48 | x |
| 2015-12-31 | CN¥7.83 | CN¥9.48 | x |
| 2016-12-31 | CN¥6.02 | CN¥9.48 | x |
| 2017-12-31 | CN¥5.71 | CN¥9.48 | x |
| 2018-12-31 | CN¥5.79 | CN¥9.48 | x |
| 2019-12-31 | CN¥5.28 | CN¥9.48 | x |
| 2020-12-31 | CN¥5.49 | CN¥9.48 | x |
| 2021-12-31 | CN¥5.25 | CN¥9.48 | x |
| 2022-12-31 | CN¥4.27 | CN¥9.48 | x |
| 2023-12-31 | CN¥1.98 | CN¥9.48 | x |
| 2024-12-31 | CN¥2.14 | CN¥9.48 | 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): 2.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.31x
- Recent ROE (2.23%) is below the historical average (2.23%), 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 |
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: $4,135,819,730
- Average return on equity (ROE) among peers: -0.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Montnets Cloud Technology Group Co Ltd (002123) | CN¥1.76 Billion | 15.75% | 0.87x | $1.12 Billion |
| Digital China Information Service Co Ltd (000555) | $54.46 Million | -79.56% | 3.15x | $1.96 Billion |
| Fujian Newland Computer Co Ltd (000997) | $2.53 Billion | 18.26% | 1.48x | $2.95 Billion |
| YGSOFT Inc (002063) | $2.77 Billion | 9.50% | 0.13x | $1.76 Billion |
| Dhc Software Co Ltd (002065) | $2.27 Billion | 18.56% | 0.48x | $3.86 Billion |
| Zhejiang Netsun Co Ltd (002095) | $494.50 Million | 6.66% | 0.20x | $597.98 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $905.80 Million | 23.61% | 0.18x | $4.03 Billion |
| Shanghai 2345 Network Holding Group (002195) | $9.15 Billion | -9.99% | 0.08x | $7.14 Billion |
| Iflytek Co Ltd (002230) | $17.73 Billion | 3.71% | 1.13x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.33 Billion | 3.04% | 0.59x | $1.06 Billion |
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