Qingmu Digital Technology Co.Ltd.
Qingmu Tec Co., Ltd. provides brand retail solutions. It offers online store operation, digital marketing, omni-value-chain consumer operation, brand incubator, and warehousing and logistics solutions. The company also provides technology solutions comprising official brand website, omni-channel system, and DTMiller consumer operation platform. It serves fashion and FMCG sectors. The company was … Read more
Qingmu Digital Technology Co.Ltd. (301110) - Net Assets
Latest net assets as of June 2025: CN¥1.45 Billion CNY
Based on the latest financial reports, Qingmu Digital Technology Co.Ltd. (301110) has net assets worth CN¥1.45 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¥1.74 Billion) and total liabilities (CN¥290.42 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¥1.45 Billion |
| % of Total Assets | 83.32% |
| Annual Growth Rate | 51.65% |
| 5-Year Change | 401.89% |
| 10-Year Change | N/A |
| Growth Volatility | 82.59 |
Qingmu Digital Technology Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Qingmu 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 Qingmu Digital Technology Co.Ltd. (2019–2024)
The table below shows the annual net assets of Qingmu Digital Technology Co.Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.42 Billion | -0.23% |
| 2023-12-31 | CN¥1.42 Billion | +0.07% |
| 2022-12-31 | CN¥1.42 Billion | +224.84% |
| 2021-12-31 | CN¥437.94 Million | +54.75% |
| 2020-12-31 | CN¥282.99 Million | +59.97% |
| 2019-12-31 | CN¥176.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingmu 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 grown by 363.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥340.13 Million | 24.04% |
| Other Components | CN¥1.07 Billion | 75.96% |
| Total Equity | CN¥1.41 Billion | 100.00% |
Qingmu Digital Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Qingmu Digital Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Starry Pharm Co Ltd
SHG:603520
|
$434.63 Million |
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
$434.69 Million |
|
Sudarshan Chemical Industries Limited
NSE:SUDARSCHEM
|
$434.72 Million |
|
Anhui Xinli Finance Co Ltd
SHG:600318
|
$434.82 Million |
|
Jupiter Fund Management Plc
PINK:JFHHF
|
$434.30 Million |
|
MANDARIN ORIENTAL DL-05
F:1C4
|
$434.24 Million |
|
General Interface Solution GIS Holding Ltd
TW:6456
|
$434.18 Million |
|
CHTC Helon Co Ltd
SHE:000677
|
$434.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingmu Digital Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,418,997,095 to 1,414,832,113, a change of -4,164,982 (-0.3%).
- Net income of 90,539,808 contributed positively to equity growth.
- Dividend payments of 76,834,708 reduced retained earnings.
- Other factors decreased equity by 17,870,082.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.54 Million | +6.4% |
| Dividends Paid | CN¥76.83 Million | -5.43% |
| Other Changes | CN¥-17.87 Million | -1.26% |
| Total Change | CN¥- | -0.29% |
Book Value vs Market Value Analysis
This analysis compares Qingmu 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: 3.86x
- 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 16.97x to 3.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.48 | CN¥59.06 | x |
| 2020-12-31 | CN¥3.99 | CN¥59.06 | x |
| 2021-12-31 | CN¥6.12 | CN¥59.06 | x |
| 2022-12-31 | CN¥15.07 | CN¥59.06 | x |
| 2023-12-31 | CN¥15.20 | CN¥59.06 | x |
| 2024-12-31 | CN¥15.29 | CN¥59.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingmu 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): 6.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.85%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.22x
- Recent ROE (6.40%) is below the historical average (19.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 25.16% | 12.12% | 1.66x | 1.25x | CN¥26.38 Million |
| 2020 | 44.30% | 19.06% | 1.65x | 1.41x | CN¥95.75 Million |
| 2021 | 34.50% | 16.80% | 1.47x | 1.40x | CN¥104.90 Million |
| 2022 | 4.69% | 7.78% | 0.53x | 1.14x | CN¥-74.73 Million |
| 2023 | 3.67% | 5.38% | 0.61x | 1.12x | CN¥-89.82 Million |
| 2024 | 6.40% | 7.85% | 0.67x | 1.22x | CN¥-50.94 Million |
Industry Comparison
This section compares Qingmu Digital Technology Co.Ltd.'s net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,023,358,595
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingmu Digital Technology Co.Ltd. (301110) | CN¥1.45 Billion | 25.16% | 0.20x | $434.39 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $406.57 Million | 9.85% | 0.70x | $310.62 Million |
| Tungkong Inc (002117) | $211.00 Million | 24.79% | 1.36x | $504.60 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $1.21 Billion | 12.38% | 3.22x | $1.26 Billion |
| Hongbo Co Ltd (002229) | $1.34 Billion | -21.81% | 1.32x | $1.12 Billion |
| Beijing Shengtong Printing Co Ltd (002599) | $147.72 Million | 16.68% | 1.56x | $346.10 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $1.53 Billion | 8.27% | 0.67x | $277.42 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.00 Billion | 7.40% | 0.05x | $153.91 Million |
| Suzhou Electrical Apparatus Sci (300215) | $1.83 Billion | 4.73% | 1.24x | $356.39 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $166.51 Million | 0.00% | 1.55x | $1.97 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $2.38 Billion | 7.16% | 0.87x | $289.91 Million |