Cubic Digital Technology Co Ltd
Cubic Digital Technology Co.,Ltd. operates as a digital technology cloud service provider in China. It offers various cloud and agent products, as well as information technology services for the engineering and construction industry. Cubic Digital Technology Co.,Ltd. was founded in 1999 and is based in Beijing, China.
Cubic Digital Technology Co Ltd (300344) - Net Assets
Latest net assets as of June 2025: CN¥236.62 Million CNY
Based on the latest financial reports, Cubic Digital Technology Co Ltd (300344) has net assets worth CN¥236.62 Million 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¥381.14 Million) and total liabilities (CN¥144.52 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¥236.62 Million |
| % of Total Assets | 62.08% |
| Annual Growth Rate | 6.76% |
| 5-Year Change | 377.63% |
| 10-Year Change | -60.15% |
| Growth Volatility | 272.5 |
Cubic Digital Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Cubic Digital Technology 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 Cubic Digital Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Cubic Digital Technology Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥257.72 Million | -31.91% |
| 2023-12-31 | CN¥378.52 Million | -24.83% |
| 2022-12-31 | CN¥503.54 Million | -20.70% |
| 2021-12-31 | CN¥635.01 Million | +1076.86% |
| 2020-12-31 | CN¥53.96 Million | -91.03% |
| 2019-12-31 | CN¥601.76 Million | +14.09% |
| 2018-12-31 | CN¥527.46 Million | -19.19% |
| 2017-12-31 | CN¥652.69 Million | -3.15% |
| 2016-12-31 | CN¥673.93 Million | +4.22% |
| 2015-12-31 | CN¥646.65 Million | -9.33% |
| 2014-12-31 | CN¥713.19 Million | -1.86% |
| 2013-12-31 | CN¥726.72 Million | +3.38% |
| 2012-12-31 | CN¥702.99 Million | +154.48% |
| 2011-12-31 | CN¥276.24 Million | +29.30% |
| 2010-12-31 | CN¥213.64 Million | +121.10% |
| 2009-12-31 | CN¥96.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cubic Digital Technology 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 1820.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.15 Billion | 446.59% |
| Total Equity | CN¥257.72 Million | 100.00% |
Cubic Digital Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Cubic Digital Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVerMedia Technologies Inc
TW:2417
|
$89.03 Million |
|
Usun Technology Co Ltd
TWO:3498
|
$89.05 Million |
|
Zhejiang Yayi Metal Technology Co.Ltd
SHE:301113
|
$89.05 Million |
|
Pou Sheng International (Holdings) Limited
F:P5C
|
$89.08 Million |
|
Marine Electricals (India) Limited
NSE:MARINE
|
$88.97 Million |
|
Lucky Cement Co
TW:1108
|
$88.91 Million |
|
Firan Technology Group Corporation
OTCQX:FTGFF
|
$88.91 Million |
|
PSP Projects Limited
NSE:PSPPROJECT
|
$88.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cubic Digital Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 378,518,098 to 257,716,774, a change of -120,801,324 (-31.9%).
- Net loss of 125,014,587 reduced equity.
- Dividend payments of 1,093,111 reduced retained earnings.
- Other factors increased equity by 5,306,374.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-125.01 Million | -48.51% |
| Dividends Paid | CN¥1.09 Million | -0.42% |
| Other Changes | CN¥5.31 Million | +2.06% |
| Total Change | CN¥- | -31.91% |
Book Value vs Market Value Analysis
This analysis compares Cubic Digital Technology 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: 4.66x
- 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 increased from 1.42x to 4.66x 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¥1.31 | CN¥1.87 | x |
| 2018-12-31 | CN¥1.06 | CN¥1.87 | x |
| 2019-12-31 | CN¥1.21 | CN¥1.87 | x |
| 2020-12-31 | CN¥0.11 | CN¥1.87 | x |
| 2021-12-31 | CN¥0.99 | CN¥1.87 | x |
| 2022-12-31 | CN¥0.78 | CN¥1.87 | x |
| 2023-12-31 | CN¥0.59 | CN¥1.87 | x |
| 2024-12-31 | CN¥0.40 | CN¥1.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cubic Digital Technology 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): -48.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.36%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.47x
- Recent ROE (-48.51%) is above the historical average (-77.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 24.35% | 10.68% | 0.84x | 2.73x | CN¥13.78 Million |
| 2010 | 22.30% | 18.62% | 0.65x | 1.84x | CN¥26.27 Million |
| 2011 | 21.87% | 20.18% | 0.61x | 1.79x | CN¥32.78 Million |
| 2012 | 6.39% | 16.09% | 0.32x | 1.24x | CN¥-25.34 Million |
| 2013 | 3.44% | 11.34% | 0.22x | 1.35x | CN¥-47.23 Million |
| 2015 | -10.37% | -55.68% | 0.13x | 1.38x | CN¥-128.38 Million |
| 2016 | 3.77% | 7.45% | 0.22x | 2.30x | CN¥-40.88 Million |
| 2017 | -5.28% | -6.99% | 0.35x | 2.17x | CN¥-94.85 Million |
| 2018 | 6.60% | 6.44% | 0.51x | 2.02x | CN¥-17.86 Million |
| 2019 | 2.64% | 3.50% | 0.45x | 1.66x | CN¥-44.11 Million |
| 2020 | -1132.89% | -299.60% | 0.41x | 9.15x | CN¥-597.56 Million |
| 2021 | 4.06% | 4.62% | 0.63x | 1.40x | CN¥-37.74 Million |
| 2022 | -27.90% | -23.25% | 0.84x | 1.43x | CN¥-190.64 Million |
| 2023 | -33.42% | -67.26% | 0.36x | 1.39x | CN¥-164.36 Million |
| 2024 | -48.51% | -48.36% | 0.68x | 1.47x | CN¥-150.79 Million |
Industry Comparison
This section compares Cubic Digital Technology Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,967,149,242
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cubic Digital Technology Co Ltd (300344) | CN¥236.62 Million | 24.35% | 0.61x | $88.99 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $352.09 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.57 Billion | -0.72% | 0.99x | $204.74 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $21.44 Billion | 14.66% | 0.33x | $3.58 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.56 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $436.84 Million | 5.27% | 3.74x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $5.01 Billion | 8.48% | 1.12x | $113.50 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $250.45 Million |
| Everjoy Health Group Co Ltd (002162) | $479.30 Million | 13.65% | 1.19x | $267.02 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $923.77 Million | 5.63% | 0.58x | $237.09 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |