UCloud Technology Co Ltd (688158) - Net Assets
Based on the latest financial reports, UCloud Technology Co Ltd (688158) has net assets worth CN¥2.36 Billion CNY (≈ $346.00 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.42 Billion ≈ $500.91 Million USD) and total liabilities (CN¥1.06 Billion ≈ $154.91 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. Check UCloud Technology Co Ltd (688158) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.36 Billion |
| % of Total Assets | 69.08% |
| Annual Growth Rate | 10.71% |
| 5-Year Change | -26.6% |
| 10-Year Change | N/A |
| Growth Volatility | 35.18 |
UCloud Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how UCloud Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore UCloud Technology Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for UCloud Technology Co Ltd (2017–2024)
The table below shows the annual net assets of UCloud Technology Co Ltd from 2017 to 2024. For live valuation and market cap data, see UCloud Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.40 Billion ≈ $350.54 Million |
-9.20% |
| 2023-12-31 | CN¥2.64 Billion ≈ $386.05 Million |
-11.46% |
| 2022-12-31 | CN¥2.98 Billion ≈ $436.02 Million |
+9.88% |
| 2021-12-31 | CN¥2.71 Billion ≈ $396.82 Million |
-16.90% |
| 2020-12-31 | CN¥3.26 Billion ≈ $477.55 Million |
+86.86% |
| 2019-12-31 | CN¥1.75 Billion ≈ $255.57 Million |
+1.48% |
| 2018-12-31 | CN¥1.72 Billion ≈ $251.85 Million |
+46.45% |
| 2017-12-31 | CN¥1.18 Billion ≈ $171.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to UCloud 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 174906525426.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥4.39 Billion | 183.11% |
| Total Equity | CN¥2.39 Billion | 100.00% |
UCloud Technology Co Ltd Competitors by Market Cap
The table below lists competitors of UCloud Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Megacable Holdings S. A. B. de C. V
MX:MEGACPO
|
$3.01 Billion |
|
CSSC Steel Structure Engineering Co Ltd
SHG:600072
|
$3.01 Billion |
|
OPENLANE, Inc.
NYSE:OPLN
|
$3.01 Billion |
|
Upstart Holdings Inc
NASDAQ:UPST
|
$3.01 Billion |
|
Qi An Xin Technology Group Inc
SHG:688561
|
$3.01 Billion |
|
State Grid Information&Communication Co Ltd
SHG:600131
|
$3.01 Billion |
|
Xiamen Xiangyu Co Ltd
SHG:600057
|
$3.01 Billion |
|
Virtu Financial, Inc.
NASDAQ:VIRT
|
$3.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UCloud Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,631,215,786 to 2,394,933,483, a change of -236,282,303 (-9.0%).
- Net loss of 241,042,041 reduced equity.
- Dividend payments of 2,999,601 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-241.04 Million | -10.06% |
| Dividends Paid | CN¥3.00 Million | -0.13% |
| Other Changes | CN¥7.76 Million | +0.32% |
| Total Change | CN¥- | -8.98% |
Book Value vs Market Value Analysis
This analysis compares UCloud 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: 8.52x
- 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 13.83x to 8.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.26 | CN¥45.03 | x |
| 2018-12-31 | CN¥4.76 | CN¥45.03 | x |
| 2019-12-31 | CN¥4.79 | CN¥45.03 | x |
| 2020-12-31 | CN¥7.71 | CN¥45.03 | x |
| 2021-12-31 | CN¥6.38 | CN¥45.03 | x |
| 2022-12-31 | CN¥6.55 | CN¥45.03 | x |
| 2023-12-31 | CN¥5.81 | CN¥45.03 | x |
| 2024-12-31 | CN¥5.29 | CN¥45.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UCloud 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): -10.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.04%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.41x
- Recent ROE (-10.06%) is below the historical average (-7.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.99% | 8.45% | 0.51x | 1.38x | CN¥-47.56 Million |
| 2018 | 4.45% | 6.50% | 0.55x | 1.24x | CN¥-96.21 Million |
| 2019 | 1.22% | 1.40% | 0.69x | 1.27x | CN¥-153.16 Million |
| 2020 | -10.52% | -13.96% | 0.57x | 1.32x | CN¥-668.68 Million |
| 2021 | -23.48% | -21.83% | 0.62x | 1.74x | CN¥-902.94 Million |
| 2022 | -13.92% | -20.96% | 0.48x | 1.37x | CN¥-710.18 Million |
| 2023 | -13.03% | -22.62% | 0.40x | 1.45x | CN¥-605.84 Million |
| 2024 | -10.06% | -16.04% | 0.44x | 1.41x | CN¥-480.54 Million |
Industry Comparison
This section compares UCloud Technology Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $977,143,599
- Average return on equity (ROE) among peers: -60.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UCloud Technology Co Ltd (688158) | CN¥2.36 Billion | 5.99% | 0.45x | $3.01 Billion |
| Eastcompeace Technology Co Ltd (002017) | $410.34 Million | 9.14% | 0.48x | $1.61 Billion |
| Wiscom System Co Ltd (002090) | $436.23 Million | 11.30% | 0.39x | $658.27 Million |
| Topsec Technologies Group Inc (002212) | $1.80 Billion | 3.14% | 0.75x | $1.26 Billion |
| Focus Technology Co Ltd (002315) | $1.62 Billion | 10.04% | 0.15x | $1.41 Billion |
| Beijing Venustech Inc (002439) | $994.71 Million | 6.03% | 0.19x | $2.77 Billion |
| Maxvision Technology Corp (002990) | $2.02 Billion | 8.85% | 0.50x | $2.06 Billion |
| Wangsu Science Tech (300017) | $708.43 Million | 5.48% | 0.03x | $5.76 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $1.18 Billion | 10.37% | 0.34x | $1.15 Billion |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $539.78 Million | -23.92% | 1.03x | $3.85 Billion |
| TIZA Information Industry Corporation Inc (300209) | $56.50 Million | -649.13% | 13.39x | $2.37 Billion |
About UCloud Technology Co Ltd
UCloud Technology Co., Ltd. researches and develops cloud computing technology platforms. It develops IaaS, PaaS, big data circulation platform, and AI service platforms, as well as offers cloud products, including public, private, hybrid, and dedicated clouds. It also provides U Chronicles, which strictly abides by all national laws and regulations and actively participates in the formulation, a… Read more