Ourpalm
Ourpalm Co., Ltd. focuses on the development, distribution, and operation of online games in China and internationally. It primarily offers mobile game products and information services. Ourpalm Co., Ltd. was founded in 2004 and is based in Beijing, China.
Ourpalm (300315) - Net Assets
Latest net assets as of June 2025: CN¥4.90 Billion CNY
Based on the latest financial reports, Ourpalm (300315) has net assets worth CN¥4.90 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.31 Billion) and total liabilities (CN¥410.75 Million). 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¥4.90 Billion |
| % of Total Assets | 92.27% |
| Annual Growth Rate | 38.47% |
| 5-Year Change | -12.05% |
| 10-Year Change | -24.26% |
| Growth Volatility | 112.75 |
Ourpalm - Net Assets Trend (2009–2024)
This chart illustrates how Ourpalm's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ourpalm (2009–2024)
The table below shows the annual net assets of Ourpalm from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.86 Billion | +2.30% |
| 2023-12-31 | CN¥4.76 Billion | +4.08% |
| 2022-12-31 | CN¥4.57 Billion | +9.03% |
| 2021-12-31 | CN¥4.19 Billion | -24.24% |
| 2020-12-31 | CN¥5.53 Billion | -0.28% |
| 2019-12-31 | CN¥5.55 Billion | +8.17% |
| 2018-12-31 | CN¥5.13 Billion | -40.38% |
| 2017-12-31 | CN¥8.60 Billion | +1.44% |
| 2016-12-31 | CN¥8.48 Billion | +32.01% |
| 2015-12-31 | CN¥6.42 Billion | +59.34% |
| 2014-12-31 | CN¥4.03 Billion | +164.43% |
| 2013-12-31 | CN¥1.52 Billion | +72.84% |
| 2012-12-31 | CN¥881.90 Million | +293.95% |
| 2011-12-31 | CN¥223.86 Million | +33.11% |
| 2010-12-31 | CN¥168.17 Million | +356.23% |
| 2009-12-31 | CN¥36.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ourpalm'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 6395.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥6.24 Billion | 128.25% |
| Total Equity | CN¥4.86 Billion | 100.00% |
Ourpalm Competitors by Market Cap
The table below lists competitors of Ourpalm ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen JPT Opto Electronics Co Ltd
SHG:688025
|
$1.78 Billion |
|
Artemis Gold Inc
PINK:ARGTF
|
$1.78 Billion |
|
IJM Corporation Bhd
KLSE:3336
|
$1.78 Billion |
|
Harbin Electric
F:HP6H
|
$1.78 Billion |
|
Guangdong Tonze Electric Co Ltd
SHE:002759
|
$1.78 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
$1.78 Billion |
|
UOL Group Limited
PINK:UOLGF
|
$1.78 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
$1.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ourpalm's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,755,400,204 to 4,864,631,204, a change of 109,231,000 (2.3%).
- Net income of 110,891,007 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥110.89 Million | +2.28% |
| Other Changes | CN¥-1.66 Million | -0.03% |
| Total Change | CN¥- | 2.30% |
Book Value vs Market Value Analysis
This analysis compares Ourpalm'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: 2.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.71x to 2.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.09 | CN¥5.28 | x |
| 2018-12-31 | CN¥1.86 | CN¥5.28 | x |
| 2019-12-31 | CN¥2.01 | CN¥5.28 | x |
| 2020-12-31 | CN¥2.01 | CN¥5.28 | x |
| 2021-12-31 | CN¥1.52 | CN¥5.28 | x |
| 2022-12-31 | CN¥1.66 | CN¥5.28 | x |
| 2023-12-31 | CN¥1.73 | CN¥5.28 | x |
| 2024-12-31 | CN¥1.78 | CN¥5.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ourpalm 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): 2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.54%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.09x
- Recent ROE (2.28%) is below the historical average (3.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 37.23% | 23.30% | 1.18x | 1.36x | CN¥10.04 Million |
| 2010 | 24.58% | 35.24% | 0.65x | 1.07x | CN¥24.52 Million |
| 2011 | 24.88% | 30.32% | 0.77x | 1.07x | CN¥33.30 Million |
| 2012 | 9.33% | 36.52% | 0.25x | 1.04x | CN¥-5.89 Million |
| 2013 | 10.08% | 40.37% | 0.20x | 1.26x | CN¥1.19 Million |
| 2014 | 8.28% | 42.71% | 0.15x | 1.26x | CN¥-68.61 Million |
| 2015 | 7.37% | 41.86% | 0.14x | 1.23x | CN¥-168.08 Million |
| 2016 | 6.05% | 27.42% | 0.18x | 1.24x | CN¥-332.61 Million |
| 2017 | 3.09% | 14.92% | 0.18x | 1.16x | CN¥-589.31 Million |
| 2018 | -61.42% | -159.87% | 0.34x | 1.14x | CN¥-3.66 Billion |
| 2019 | 6.55% | 22.49% | 0.27x | 1.08x | CN¥-191.22 Million |
| 2020 | 5.73% | 17.71% | 0.29x | 1.12x | CN¥-236.20 Million |
| 2021 | -29.70% | -84.53% | 0.30x | 1.16x | CN¥-1.66 Billion |
| 2022 | 2.11% | 7.93% | 0.23x | 1.14x | CN¥-360.72 Million |
| 2023 | 3.93% | 19.04% | 0.19x | 1.10x | CN¥-288.61 Million |
| 2024 | 2.28% | 13.54% | 0.15x | 1.09x | CN¥-375.57 Million |
Industry Comparison
This section compares Ourpalm's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,444,315,785
- Average return on equity (ROE) among peers: 14.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ourpalm (300315) | CN¥4.90 Billion | 37.23% | 0.08x | $1.78 Billion |
| YOUZU Interactive Co Ltd (002174) | $225.02 Million | 4.38% | 0.54x | $1.27 Billion |
| Dalian Zeus Entertainment (002354) | $2.76 Billion | 1.55% | 0.30x | $1.31 Billion |
| Kaiser China Holding Co Ltd (002425) | $278.18 Million | 20.99% | 0.21x | $367.04 Million |
| Kingnet Network Co Ltd (002517) | $645.22 Million | 9.71% | 0.07x | $4.42 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $13.02 Billion | 20.54% | 0.50x | $4.16 Billion |
| Giant Network Group Co Ltd (002558) | $100.63 Million | 25.98% | 0.77x | $5.15 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $3.99 Billion | 10.21% | 0.27x | $12.35 Billion |
| Shenzhen Zqgame (300052) | $170.25 Million | 24.16% | 0.10x | $384.52 Million |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $1.61 Billion |