RocKontrol Technology Group Co Ltd
Rockontrol Technology Group Co., Ltd. engages in the research and development of applications in IoT technology in China. The company provides product sales services, and operation and maintenance services for smart environmental protection and smart city business. It offers smart environmental protection cluster platforms, including atmospheric and water environment joint prevention and control … Read more
RocKontrol Technology Group Co Ltd (688051) - Net Assets
Latest net assets as of September 2025: CN¥650.77 Million CNY
Based on the latest financial reports, RocKontrol Technology Group Co Ltd (688051) has net assets worth CN¥650.77 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥950.60 Million) and total liabilities (CN¥299.83 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¥650.77 Million |
| % of Total Assets | 68.46% |
| Annual Growth Rate | 27.82% |
| 5-Year Change | -52.46% |
| 10-Year Change | N/A |
| Growth Volatility | 80.4 |
RocKontrol Technology Group Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how RocKontrol Technology Group 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 RocKontrol Technology Group Co Ltd (2016–2024)
The table below shows the annual net assets of RocKontrol Technology Group Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥711.79 Million | -12.86% |
| 2023-12-31 | CN¥816.81 Million | -20.57% |
| 2022-12-31 | CN¥1.03 Billion | -22.46% |
| 2021-12-31 | CN¥1.33 Billion | -11.43% |
| 2020-12-31 | CN¥1.50 Billion | +209.76% |
| 2019-12-31 | CN¥483.38 Million | +140.49% |
| 2018-12-31 | CN¥201.00 Million | +47.32% |
| 2017-12-31 | CN¥136.44 Million | +36.58% |
| 2016-12-31 | CN¥99.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RocKontrol Technology Group 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 967.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥77.33 Million | 10.74% |
| Other Comprehensive Income | CN¥30.27 Million | 4.21% |
| Other Components | CN¥1.00 Billion | 138.98% |
| Total Equity | CN¥719.86 Million | 100.00% |
RocKontrol Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of RocKontrol Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prime US REIT
OTCGREY:KBSUF
|
$128.15 Million |
|
Air Asia Co Ltd
TW:2630
|
$128.23 Million |
|
FIT Holding Co Ltd
TW:3712
|
$128.24 Million |
|
Shanghai Rightongene Biotechnology Co. Ltd. A
SHG:688217
|
$128.25 Million |
|
Greenpanel Industries Limited
NSE:GREENPANEL
|
$128.10 Million |
|
EASY HOLDINGS Co. Ltd
KQ:035810
|
$128.08 Million |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
$128.08 Million |
|
Young Optics Inc
TW:3504
|
$128.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RocKontrol Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 822,141,444 to 719,863,453, a change of -102,277,991 (-12.4%).
- Net loss of 103,162,840 reduced equity.
- Dividend payments of 4,016,687 reduced retained earnings.
- Other comprehensive income increased equity by 30,273,829.
- Other factors decreased equity by 25,372,293.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-103.16 Million | -14.33% |
| Dividends Paid | CN¥4.02 Million | -0.56% |
| Other Comprehensive Income | CN¥30.27 Million | +4.21% |
| Other Changes | CN¥-25.37 Million | -3.52% |
| Total Change | CN¥- | -12.44% |
Book Value vs Market Value Analysis
This analysis compares RocKontrol Technology Group 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: 3.77x
- 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 17.48x to 3.77x 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¥2.01 | CN¥35.15 | x |
| 2017-12-31 | CN¥2.73 | CN¥35.15 | x |
| 2018-12-31 | CN¥3.99 | CN¥35.15 | x |
| 2019-12-31 | CN¥8.36 | CN¥35.15 | x |
| 2020-12-31 | CN¥20.58 | CN¥35.15 | x |
| 2021-12-31 | CN¥17.11 | CN¥35.15 | x |
| 2022-12-31 | CN¥13.30 | CN¥35.15 | x |
| 2023-12-31 | CN¥10.63 | CN¥35.15 | x |
| 2024-12-31 | CN¥9.31 | CN¥35.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RocKontrol Technology Group 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): -14.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.34%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.43x
- Recent ROE (-14.33%) is below the historical average (5.10%), 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 | 28.69% | 9.35% | 0.50x | 6.13x | CN¥18.67 Million |
| 2017 | 26.36% | 10.76% | 0.46x | 5.28x | CN¥22.20 Million |
| 2018 | 32.06% | 16.46% | 0.46x | 4.20x | CN¥44.05 Million |
| 2019 | 24.69% | 23.09% | 0.57x | 1.89x | CN¥70.70 Million |
| 2020 | 11.86% | 25.97% | 0.34x | 1.34x | CN¥27.71 Million |
| 2021 | -9.77% | -26.58% | 0.26x | 1.40x | CN¥-261.58 Million |
| 2022 | -28.29% | -111.35% | 0.18x | 1.44x | CN¥-393.79 Million |
| 2023 | -25.33% | -64.60% | 0.27x | 1.45x | CN¥-290.50 Million |
| 2024 | -14.33% | -34.34% | 0.29x | 1.43x | CN¥-175.15 Million |
Industry Comparison
This section compares RocKontrol Technology Group Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,048,736,079
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RocKontrol Technology Group Co Ltd (688051) | CN¥650.77 Million | 28.69% | 0.46x | $128.14 Million |
| Digital China Information Service Co Ltd (000555) | $-125.57 Million | 0.00% | 0.00x | $1.17 Billion |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.06 Billion |
| YGSOFT Inc (002063) | $2.10 Billion | 8.22% | 0.19x | $1.26 Billion |
| Dhc Software Co Ltd (002065) | $8.61 Billion | 13.26% | 0.30x | $2.40 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $322.94 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $51.79 Million | 15.64% | 0.90x | $953.24 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.13 Billion | 23.47% | 0.16x | $1.00 Billion |
| Shanghai 2345 Network Holding Group (002195) | $10.18 Billion | 7.45% | 0.12x | $6.64 Billion |
| Iflytek Co Ltd (002230) | $599.04 Million | 13.40% | 0.22x | $12.29 Billion |
| Wisesoft Co Ltd (002253) | $171.84 Million | 15.22% | 0.51x | $265.79 Million |