Glodon Software Co Ltd
Glodon Company Limited provides digital building platform services to the construction industry in China. The company offers TAS & TRB for architecture, structure, and rebar; TBQ, a 5D BIM digital cost estimation and management solution; Gsite, a centralized platform for construction management; TMEC, a 5D BIM quantity takeoff for mechanical and electrical; CAD reader, a Dwg viewer and measuremen… Read more
Glodon Software Co Ltd (002410) - Net Assets
Latest net assets as of September 2025: CN¥6.14 Billion CNY
Based on the latest financial reports, Glodon Software Co Ltd (002410) has net assets worth CN¥6.14 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.60 Billion) and total liabilities (CN¥3.47 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 | CN¥6.14 Billion |
| % of Total Assets | 63.89% |
| Annual Growth Rate | 27.84% |
| 5-Year Change | -7.29% |
| 10-Year Change | 120.31% |
| Growth Volatility | 135.21 |
Glodon Software Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Glodon Software Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Glodon Software Co Ltd (2006–2024)
The table below shows the annual net assets of Glodon Software Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.08 Billion | -4.69% |
| 2023-12-31 | CN¥6.38 Billion | -6.21% |
| 2022-12-31 | CN¥6.80 Billion | +8.42% |
| 2021-12-31 | CN¥6.27 Billion | -4.35% |
| 2020-12-31 | CN¥6.56 Billion | +95.81% |
| 2019-12-31 | CN¥3.35 Billion | +2.04% |
| 2018-12-31 | CN¥3.28 Billion | +3.32% |
| 2017-12-31 | CN¥3.18 Billion | +5.14% |
| 2016-12-31 | CN¥3.02 Billion | +9.49% |
| 2015-12-31 | CN¥2.76 Billion | -1.68% |
| 2014-12-31 | CN¥2.81 Billion | +13.33% |
| 2013-12-31 | CN¥2.48 Billion | +19.29% |
| 2012-12-31 | CN¥2.08 Billion | +9.24% |
| 2011-12-31 | CN¥1.90 Billion | +10.05% |
| 2010-12-31 | CN¥1.73 Billion | +597.53% |
| 2009-12-31 | CN¥247.60 Million | +52.43% |
| 2008-12-31 | CN¥162.43 Million | +47.34% |
| 2007-12-31 | CN¥110.24 Million | +50.92% |
| 2006-12-31 | CN¥73.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glodon Software 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 grown by 3969.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.21 Billion | 37.14% |
| Common Stock | CN¥1.65 Billion | 27.72% |
| Other Components | CN¥2.09 Billion | 35.14% |
| Total Equity | CN¥5.96 Billion | 100.00% |
Glodon Software Co Ltd Competitors by Market Cap
The table below lists competitors of Glodon Software Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ocular Therapeutix Inc
NASDAQ:OCUL
|
$1.87 Billion |
|
China Merchants Port Holdings Company Limited
PINK:CMHHF
|
$1.87 Billion |
|
Hang Lung Properties Limited
F:AOP
|
$1.87 Billion |
|
CTP N.V
PINK:CTPVF
|
$1.87 Billion |
|
Anywhere Real Estate Inc
NYSE:HOUS
|
$1.87 Billion |
|
Shanghai DaZhong Public Utilities Group Co Ltd
SHG:600635
|
$1.87 Billion |
|
Nicolet Bankshares Inc.
NYSE:NIC
|
$1.87 Billion |
|
International Game Technology PLC
NYSE:IGT
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glodon Software Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,882,546,802 to 5,959,199,717, a change of 76,652,915 (1.3%).
- Net income of 250,424,305 contributed positively to equity growth.
- Dividend payments of 117,962,453 reduced retained earnings.
- Share repurchases of 254,744,963 reduced equity.
- Other comprehensive income decreased equity by 258,958,132.
- Other factors increased equity by 457,894,158.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥250.42 Million | +4.2% |
| Dividends Paid | CN¥117.96 Million | -1.98% |
| Share Repurchases | CN¥254.74 Million | -4.27% |
| Other Comprehensive Income | CN¥-258.96 Million | -4.35% |
| Other Changes | CN¥457.89 Million | +7.68% |
| Total Change | CN¥- | 1.30% |
Book Value vs Market Value Analysis
This analysis compares Glodon Software 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: 3.44x
- 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 17.59x to 3.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.70 | CN¥12.38 | x |
| 2007-12-31 | CN¥0.11 | CN¥12.38 | x |
| 2008-12-31 | CN¥0.14 | CN¥12.38 | x |
| 2009-12-31 | CN¥0.19 | CN¥12.38 | x |
| 2010-12-31 | CN¥1.17 | CN¥12.38 | x |
| 2011-12-31 | CN¥1.23 | CN¥12.38 | x |
| 2012-12-31 | CN¥1.35 | CN¥12.38 | x |
| 2013-12-31 | CN¥1.56 | CN¥12.38 | x |
| 2014-12-31 | CN¥1.78 | CN¥12.38 | x |
| 2015-12-31 | CN¥1.75 | CN¥12.38 | x |
| 2016-12-31 | CN¥1.88 | CN¥12.38 | x |
| 2017-12-31 | CN¥1.97 | CN¥12.38 | x |
| 2018-12-31 | CN¥2.03 | CN¥12.38 | x |
| 2019-12-31 | CN¥2.07 | CN¥12.38 | x |
| 2020-12-31 | CN¥3.96 | CN¥12.38 | x |
| 2021-12-31 | CN¥4.90 | CN¥12.38 | x |
| 2022-12-31 | CN¥2.73 | CN¥12.38 | x |
| 2023-12-31 | CN¥3.55 | CN¥12.38 | x |
| 2024-12-31 | CN¥3.60 | CN¥12.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glodon Software 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): 4.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.03%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.72x
- Recent ROE (4.20%) is below the historical average (17.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 25.06% | 14.89% | 1.02x | 1.65x | CN¥10.92 Million |
| 2007 | 52.28% | 33.39% | 1.00x | 1.57x | CN¥46.55 Million |
| 2008 | 39.35% | 27.54% | 1.08x | 1.33x | CN¥47.40 Million |
| 2009 | 42.53% | 33.93% | 0.91x | 1.37x | CN¥80.08 Million |
| 2010 | 9.56% | 36.63% | 0.24x | 1.08x | CN¥-7.65 Million |
| 2011 | 14.69% | 37.48% | 0.35x | 1.11x | CN¥89.04 Million |
| 2012 | 14.91% | 30.46% | 0.45x | 1.10x | CN¥101.64 Million |
| 2013 | 19.80% | 35.06% | 0.50x | 1.14x | CN¥241.77 Million |
| 2014 | 21.33% | 33.87% | 0.55x | 1.14x | CN¥316.64 Million |
| 2015 | 8.83% | 15.75% | 0.50x | 1.13x | CN¥-31.93 Million |
| 2016 | 14.29% | 20.84% | 0.45x | 1.52x | CN¥127.10 Million |
| 2017 | 15.31% | 20.18% | 0.48x | 1.58x | CN¥163.87 Million |
| 2018 | 13.75% | 15.34% | 0.51x | 1.76x | CN¥119.83 Million |
| 2019 | 7.19% | 6.79% | 0.56x | 1.89x | CN¥-91.85 Million |
| 2020 | 5.16% | 8.36% | 0.41x | 1.49x | CN¥-309.84 Million |
| 2021 | 11.42% | 11.84% | 0.55x | 1.74x | CN¥82.20 Million |
| 2022 | 15.01% | 14.43% | 0.57x | 1.83x | CN¥316.05 Million |
| 2023 | 1.97% | 1.77% | 0.61x | 1.81x | CN¥-472.42 Million |
| 2024 | 4.20% | 4.03% | 0.61x | 1.72x | CN¥-345.50 Million |
Industry Comparison
This section compares Glodon Software Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,048,736,079
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glodon Software Co Ltd (002410) | CN¥6.14 Billion | 25.06% | 0.57x | $1.87 Billion |
| Digital China Information Service Co Ltd (000555) | $-125.57 Million | 0.00% | 0.00x | $1.17 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.06 Billion |
| YGSOFT Inc (002063) | $2.10 Billion | 8.22% | 0.19x | $1.26 Billion |
| Dhc Software Co Ltd (002065) | $8.61 Billion | 13.26% | 0.30x | $2.40 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $322.94 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $51.79 Million | 15.64% | 0.90x | $953.24 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.13 Billion | 23.47% | 0.16x | $1.00 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.18 Billion | 7.45% | 0.12x | $6.64 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.29 Billion |
| Wisesoft Co Ltd (002253) | $171.84 Million | 15.22% | 0.51x | $265.79 Million |