Glodon Software Co Ltd (002410) - Net Assets

Latest as of March 2026: CN¥6.24 Billion CNY ≈ $913.01 Million USD

Based on the latest financial reports, Glodon Software Co Ltd (002410) has net assets worth CN¥6.24 Billion CNY (≈ $913.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.57 Billion ≈ $1.40 Billion USD) and total liabilities (CN¥3.33 Billion ≈ $487.37 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 Glodon Software Co Ltd (002410) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥6.24 Billion
% of Total Assets 65.2%
Annual Growth Rate 26.36%
5-Year Change -0.74%
10-Year Change 106.07%
Growth Volatility 132.04

Glodon Software Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Glodon Software Co Ltd's net assets have evolved over time, based on quarterly financial data. See Glodon Software Co Ltd (002410) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Glodon Software Co Ltd (2006–2025)

The table below shows the annual net assets of Glodon Software Co Ltd from 2006 to 2025. For live valuation and market cap data, see Glodon Software Co Ltd (002410) total market value.

Year Net Assets Change
2025-12-31 CN¥6.23 Billion
≈ $911.15 Million		 +2.42%
2024-12-31 CN¥6.08 Billion
≈ $889.62 Million		 -4.69%
2023-12-31 CN¥6.38 Billion
≈ $933.39 Million		 -6.21%
2022-12-31 CN¥6.80 Billion
≈ $995.22 Million		 +8.42%
2021-12-31 CN¥6.27 Billion
≈ $917.90 Million		 -4.35%
2020-12-31 CN¥6.56 Billion
≈ $959.61 Million		 +95.81%
2019-12-31 CN¥3.35 Billion
≈ $490.08 Million		 +2.04%
2018-12-31 CN¥3.28 Billion
≈ $480.26 Million		 +3.32%
2017-12-31 CN¥3.18 Billion
≈ $464.85 Million		 +5.14%
2016-12-31 CN¥3.02 Billion
≈ $442.15 Million		 +9.49%
2015-12-31 CN¥2.76 Billion
≈ $403.81 Million		 -1.68%
2014-12-31 CN¥2.81 Billion
≈ $410.71 Million		 +13.33%
2013-12-31 CN¥2.48 Billion
≈ $362.41 Million		 +19.29%
2012-12-31 CN¥2.08 Billion
≈ $303.80 Million		 +9.24%
2011-12-31 CN¥1.90 Billion
≈ $278.12 Million		 +10.05%
2010-12-31 CN¥1.73 Billion
≈ $252.73 Million		 +597.53%
2009-12-31 CN¥247.60 Million
≈ $36.23 Million		 +52.43%
2008-12-31 CN¥162.43 Million
≈ $23.77 Million		 +47.34%
2007-12-31 CN¥110.24 Million
≈ $16.13 Million		 +50.92%
2006-12-31 CN¥73.05 Million
≈ $10.69 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 4127.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥2.30 Billion 38.02%
Common Stock CN¥1.65 Billion 27.31%
Other Comprehensive Income CN¥292.00 Million 4.83%
Other Components CN¥1.80 Billion 29.84%
Total Equity CN¥6.05 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
Tibet Urban Development and Investment Co Ltd
SHG:600773
 $2.14 Billion
GavYam Lands Corp Ltd
TA:GVYM
 $2.14 Billion
Investment and Industrial Development Joint Stock Corp
VN:BCM
 $2.14 Billion
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
 $2.14 Billion
Payoneer Global Inc
NASDAQ:PAYO
 $2.14 Billion
Bure Equity AB
ST:BURE
 $2.14 Billion
Pandox AB (publ)
ST:PNDX-B
 $2.14 Billion
Definium Therapeutics, Inc.
NASDAQ:DFTX
 $2.14 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 2024 to 2025, total equity changed from 5,959,199,717 to 6,048,181,425, a change of 88,981,708 (1.5%).
  • Net income of 405,114,040 contributed positively to equity growth.
  • Dividend payments of 245,808,033 reduced retained earnings.
  • Share repurchases of 121,956,165 reduced equity.
  • Other comprehensive income increased equity by 292,003,853.
  • Other factors decreased equity by 240,371,987.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥405.11 Million +6.7%
Dividends Paid CN¥245.81 Million -4.06%
Share Repurchases CN¥121.96 Million -2.02%
Other Comprehensive Income CN¥292.00 Million +4.83%
Other Changes CN¥-240.37 Million -3.97%
Total Change CN¥- 1.49%

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: 2.41x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 12.57x to 2.41x 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¥8.85 x
2007-12-31 CN¥0.11 CN¥8.85 x
2008-12-31 CN¥0.14 CN¥8.85 x
2009-12-31 CN¥0.19 CN¥8.85 x
2010-12-31 CN¥1.17 CN¥8.85 x
2011-12-31 CN¥1.23 CN¥8.85 x
2012-12-31 CN¥1.35 CN¥8.85 x
2013-12-31 CN¥1.56 CN¥8.85 x
2014-12-31 CN¥1.78 CN¥8.85 x
2015-12-31 CN¥1.75 CN¥8.85 x
2016-12-31 CN¥1.88 CN¥8.85 x
2017-12-31 CN¥1.97 CN¥8.85 x
2018-12-31 CN¥2.03 CN¥8.85 x
2019-12-31 CN¥2.07 CN¥8.85 x
2020-12-31 CN¥3.96 CN¥8.85 x
2021-12-31 CN¥4.90 CN¥8.85 x
2022-12-31 CN¥2.73 CN¥8.85 x
2023-12-31 CN¥3.55 CN¥8.85 x
2024-12-31 CN¥3.60 CN¥8.85 x
2025-12-31 CN¥3.67 CN¥8.85 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): 6.70%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.68%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 1.68x
  • Recent ROE (6.70%) is below the historical average (17.17%), 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% 32.79% 1.02x 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% 38.21% 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 1.50x 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
2025 6.70% 6.68% 0.60x 1.68x CN¥-199.70 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: $2,727,796,506
  • Average return on equity (ROE) among peers: 10.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Glodon Software Co Ltd (002410) CN¥6.24 Billion 25.06% 0.53x $2.14 Billion
Digital China Information Service Co Ltd (000555) $136.95 Million -6.92% 0.27x $1.61 Billion
Fujian Newland Computer Co Ltd (000997) $6.28 Billion 11.01% 0.93x $2.61 Billion
YGSOFT Inc (002063) $731.03 Million 26.17% 0.25x $1.48 Billion
Dhc Software Co Ltd (002065) $2.77 Billion 20.58% 0.45x $3.46 Billion
Zhejiang Netsun Co Ltd (002095) $1.14 Billion 3.07% 0.40x $495.91 Million
Montnets Cloud Technology Group Co Ltd (002123) $5.14 Billion 4.98% 0.36x $906.33 Million
Beijing Shiji Information Technology Co Ltd (002153) $8.89 Billion 5.21% 0.15x $3.09 Billion
Shanghai 2345 Network Holding Group (002195) $383.27 Million 16.95% 0.11x $5.96 Billion
Iflytek Co Ltd (002230) $599.04 Million 13.40% 0.22x $14.62 Billion
Qiming Information Technology Co Ltd (002232) $1.21 Billion 5.96% 0.63x $888.98 Million

About Glodon Software Co Ltd

SHE:002410 China Software - Application
Market Cap
$2.14 Billion
CN¥14.62 Billion CNY
Market Cap Rank
#6083 Global
#1269 in China
Share Price
CN¥8.85
Change (1 day)
+0.23%
52-Week Range
CN¥8.83 - CN¥15.70
All Time High
CN¥288.08
Categories
Companies in China Software - Application Technology AI & Machine Learning
About

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