DBAPPSecurity Co Ltd Net Assets
DBAPPSecurity Co Ltd net assets. Based on the latest financial reports, DBAPPSecurity Co Ltd (688023) has net assets worth CN¥2.17 Billion CNY (≈ $317.36 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.02 Billion ≈ $587.54 Million USD) and total liabilities (CN¥1.85 Billion ≈ $270.17 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. Also explore DBAPPSecurity Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.17 Billion |
| % of Total Assets | 54.02% |
| Annual Growth Rate | 29.26% |
| 5-Year Change | -23.04% |
| 10-Year Change | N/A |
| Growth Volatility | 67.87 |
Net Assets of DBAPPSecurity Co Ltd (2016–2025)
Net assets of DBAPPSecurity Co Ltd from 2016 to 2025. This chart illustrates how DBAPPSecurity Co Ltd's net assets have evolved over time, based on quarterly financial data. See DBAPPSecurity Co Ltd (688023) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for DBAPPSecurity Co Ltd (2016–2025)
The table below shows the annual net assets of DBAPPSecurity Co Ltd from 2016 to 2025. For live market cap and overall valuation, see 688023 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.39 Billion ≈ $350.22 Million |
-5.26% |
| 2024-12-31 | CN¥2.53 Billion ≈ $369.68 Million |
-1.49% |
| 2023-12-31 | CN¥2.56 Billion ≈ $375.26 Million |
-12.28% |
| 2022-12-31 | CN¥2.92 Billion ≈ $427.80 Million |
-5.99% |
| 2021-12-31 | CN¥3.11 Billion ≈ $455.05 Million |
+85.98% |
| 2020-12-31 | CN¥1.67 Billion ≈ $244.67 Million |
+7.85% |
| 2019-12-31 | CN¥1.55 Billion ≈ $226.87 Million |
+205.72% |
| 2018-12-31 | CN¥507.12 Million ≈ $74.21 Million |
+17.41% |
| 2017-12-31 | CN¥431.92 Million ≈ $63.20 Million |
+81.76% |
| 2016-12-31 | CN¥237.63 Million ≈ $34.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DBAPPSecurity 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 49527873774.0% over the analyzed period, potentially due to dividend distributions or operating losses.
DBAPPSecurity Co Ltd Net Assets Breakdown (December 2025)
DBAPPSecurity Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.89 Billion | 121.70% |
| Total Equity | CN¥2.37 Billion | 100.00% |
DBAPPSecurity Co Ltd Competitors by Market Cap
The table below lists competitors of DBAPPSecurity Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinyoung Securities Co. Ltd.
KO:001720
|
$622.29 Million |
|
UEM Sunrise Bhd
KLSE:5148
|
$622.31 Million |
|
Lander Sports Development Co Ltd
SHE:000558
|
$622.56 Million |
|
A&W Food Services of Canada
TO:AW
|
$622.82 Million |
|
DATAGROUP SE
F:D6H
|
$622.10 Million |
|
Cowealth Medical China Co.Ltd.
SHG:603122
|
$622.08 Million |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231
|
$622.00 Million |
|
Costar Group Co Ltd
SHE:002189
|
$621.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DBAPPSecurity Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,509,210,485 to 2,373,381,374, a change of -135,829,111 (-5.4%).
- Net loss of 58,307,470 reduced equity.
- Dividend payments of 34,199,049 reduced retained earnings.
- Other factors decreased equity by 43,322,592.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-58.31 Million | -2.46% |
| Dividends Paid | CN¥34.20 Million | -1.44% |
| Other Changes | CN¥-43.32 Million | -1.83% |
| Total Change | CN¥- | -5.41% |
Book Value vs Market Value Analysis
This analysis compares DBAPPSecurity 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: 1.79x
- 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 11.58x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥3.59 | CN¥41.62 | x |
| 2017-12-31 | CN¥6.44 | CN¥41.62 | x |
| 2018-12-31 | CN¥7.02 | CN¥41.62 | x |
| 2019-12-31 | CN¥20.89 | CN¥41.62 | x |
| 2020-12-31 | CN¥17.31 | CN¥41.62 | x |
| 2021-12-31 | CN¥31.55 | CN¥41.62 | x |
| 2022-12-31 | CN¥28.49 | CN¥41.62 | x |
| 2023-12-31 | CN¥25.13 | CN¥41.62 | x |
| 2024-12-31 | CN¥24.62 | CN¥41.62 | x |
| 2025-12-31 | CN¥23.20 | CN¥41.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DBAPPSecurity 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): -2.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.71%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.89x
- Recent ROE (-2.46%) is below the historical average (0.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.20% | -0.15% | 0.81x | 1.67x | CN¥-23.85 Million |
| 2017 | 12.06% | 12.11% | 0.69x | 1.44x | CN¥8.90 Million |
| 2018 | 15.17% | 12.27% | 0.70x | 1.76x | CN¥26.19 Million |
| 2019 | 5.95% | 9.77% | 0.43x | 1.40x | CN¥-62.82 Million |
| 2020 | 8.03% | 10.14% | 0.54x | 1.48x | CN¥-32.83 Million |
| 2021 | 0.45% | 0.76% | 0.38x | 1.57x | CN¥-295.34 Million |
| 2022 | -8.72% | -12.81% | 0.39x | 1.72x | CN¥-544.29 Million |
| 2023 | -14.06% | -16.58% | 0.44x | 1.94x | CN¥-615.80 Million |
| 2024 | -7.88% | -9.69% | 0.41x | 2.01x | CN¥-448.77 Million |
| 2025 | -2.46% | -2.71% | 0.48x | 1.89x | CN¥-295.65 Million |
Industry Comparison
This section compares DBAPPSecurity Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $2,165,122,884
- Average return on equity (ROE) among peers: 7.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DBAPPSecurity Co Ltd (688023) | CN¥2.17 Billion | -0.20% | 0.85x | $622.28 Million |
| Eastcompeace Technology Co Ltd (002017) | $418.66 Million | 5.29% | 0.42x | $1.04 Billion |
| Wiscom System Co Ltd (002090) | $540.33 Million | 9.04% | 0.79x | $464.25 Million |
| Topsec Technologies Group Inc (002212) | $1.70 Billion | 5.53% | 0.32x | $982.04 Million |
| Focus Technology Co Ltd (002315) | $2.53 Billion | 17.80% | 0.66x | $1.70 Billion |
| Beijing Venustech Inc (002439) | $1.80 Billion | 13.57% | 0.57x | $2.49 Billion |
| Maxvision Technology Corp (002990) | $412.22 Million | 34.39% | 1.09x | $1.18 Billion |
| Wangsu Science Tech (300017) | $10.38 Billion | 7.70% | 0.15x | $5.38 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $2.04 Billion | 5.64% | 0.56x | $755.91 Million |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $982.11 Million | -28.81% | 0.66x | $2.98 Billion |
| TIZA Information Industry Corporation Inc (300209) | $850.34 Million | 6.34% | 0.10x | $2.78 Billion |
About DBAPPSecurity Co Ltd
DBAPPSecurity Co., Ltd. engages in the research and development, manufacture, and sale of cybersecurity products in China. The company provides security management, such as unified management and AiLog big data log management and analysis platform; database audit and risk control systems; network detection and response and unified endpoint security systems; web application firewall and vulnerabil… Read more