QingCloud Technologies Corp. Net Assets

Latest as of June 2026: CN¥70.34 Million CNY ≈ $10.29 Million USD

QingCloud Technologies Corp. net assets. Based on the latest financial reports, QingCloud Technologies Corp. (688316) has net assets worth CN¥70.34 Million CNY (≈ $10.29 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¥337.47 Million ≈ $49.38 Million USD) and total liabilities (CN¥267.13 Million ≈ $39.09 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 QingCloud Technologies Corp. 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¥70.34 Million
% of Total Assets	20.84%
Annual Growth Rate	N/A
5-Year Change	-96.09%
10-Year Change	N/A
Growth Volatility	105.35

Net Assets of QingCloud Technologies Corp. (2017–2025)

Net assets of QingCloud Technologies Corp. from 2017 to 2025. This chart illustrates how QingCloud Technologies Corp.'s net assets have evolved over time, based on quarterly financial data. See 688316 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Net Assets for QingCloud Technologies Corp. (2017–2025)

The table below shows the annual net assets of QingCloud Technologies Corp. from 2017 to 2025. For live market cap and overall valuation, see QingCloud Technologies Corp. stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥22.76 Million ≈ $3.33 Million	-73.94%
2024-12-31	CN¥87.32 Million ≈ $12.78 Million	-51.43%
2023-12-31	CN¥179.79 Million ≈ $26.31 Million	-45.51%
2022-12-31	CN¥329.95 Million ≈ $48.28 Million	-43.35%
2021-12-31	CN¥582.47 Million ≈ $85.23 Million	+229.77%
2020-12-31	CN¥176.63 Million ≈ $25.85 Million	-43.18%
2019-12-31	CN¥310.88 Million ≈ $45.49 Million	+158.86%
2018-12-31	CN¥-528.21 Million ≈ $-77.29 Million	+19.77%
2017-12-31	CN¥-658.34 Million ≈ $-96.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to QingCloud Technologies Corp.'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 49921715401.0% over the analyzed period, potentially due to dividend distributions or operating losses.

QingCloud Technologies Corp. Net Assets Breakdown (December 2025)

QingCloud Technologies Corp. net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Other Components	CN¥1.24 Billion	5779.51%
Total Equity	CN¥21.51 Million	100.00%

QingCloud Technologies Corp. Competitors by Market Cap

The table below lists competitors of QingCloud Technologies Corp. ranked by their market capitalization.

Company	Market Cap
Shin Hai Gas Corp TW:9926	$281.07 Million
Shandong Longda Meat Foodstuff Co Ltd SHE:002726	$281.10 Million
Laser Tek Taiwan Co Ltd TWO:6207	$281.16 Million
ZheJiang HuaSheng Technology Co.Ltd SHG:605180	$281.18 Million
Sonmez Pamuklu Sanayii AS IS:SNPAM	$280.88 Million
Kyobo With Special Purpose Acq KQ:205100	$280.71 Million
Jiangsu Yuxing Film Tech SHE:300305	$280.71 Million
Jiangsu Bioperfectus Technologies Co Ltd SHG:688399	$280.69 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in QingCloud Technologies Corp.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 87,114,373 to 21,512,528, a change of -65,601,845 (-75.3%).
Net loss of 60,657,196 reduced equity.
Dividend payments of 6,342,527 reduced retained earnings.
Other factors increased equity by 1,397,878.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-60.66 Million	-281.96%
Dividends Paid	CN¥6.34 Million	-29.48%
Other Changes	CN¥1.40 Million	+6.5%
Total Change	CN¥-	-75.31%

Book Value vs Market Value Analysis

This analysis compares QingCloud Technologies Corp.'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: 88.98x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥-19.36	CN¥40.08	x
2018-12-31	CN¥-15.53	CN¥40.08	x
2019-12-31	CN¥9.17	CN¥40.08	x
2020-12-31	CN¥5.05	CN¥40.08	x
2021-12-31	CN¥13.18	CN¥40.08	x
2022-12-31	CN¥6.95	CN¥40.08	x
2023-12-31	CN¥3.77	CN¥40.08	x
2024-12-31	CN¥1.82	CN¥40.08	x
2025-12-31	CN¥0.45	CN¥40.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently QingCloud Technologies Corp. 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): -281.96%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -26.05%
• Asset Turnover: 0.68x
• Equity Multiplier: 15.98x
Recent ROE (-281.96%) is below the historical average (-84.59%), 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	0.00%	-40.33%	0.18x	0.00x	CN¥-30.64 Million
2018	0.00%	-53.04%	0.23x	0.00x	CN¥-96.64 Million
2019	-60.98%	-50.45%	0.85x	1.42x	CN¥-221.28 Million
2020	-91.27%	-38.12%	1.14x	2.10x	CN¥-181.28 Million
2021	-48.24%	-66.72%	0.46x	1.57x	CN¥-341.40 Million
2022	-74.15%	-80.08%	0.51x	1.82x	CN¥-277.17 Million
2023	-94.76%	-50.66%	0.54x	3.48x	CN¥-188.02 Million
2024	-109.92%	-35.20%	0.47x	6.62x	CN¥-104.47 Million
2025	-281.96%	-26.05%	0.68x	15.98x	CN¥-62.81 Million

Industry Comparison

This section compares QingCloud Technologies Corp.'s net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

Industry: Software - Infrastructure
Average net assets among peers: $3,037,713,165
Average return on equity (ROE) among peers: 4.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
QingCloud Technologies Corp. (688316)	CN¥70.34 Million	0.00%	3.80x	$280.92 Million
Eastcompeace Technology Co Ltd (002017)	$1.76 Billion	10.81%	0.70x	$1.06 Billion
Wiscom System Co Ltd (002090)	$799.98 Million	13.43%	1.06x	$477.73 Million
Topsec Technologies Group Inc (002212)	$1.70 Billion	5.53%	0.32x	$1.00 Billion
Focus Technology Co Ltd (002315)	$2.53 Billion	17.80%	0.66x	$1.72 Billion
Beijing Venustech Inc (002439)	$6.74 Billion	12.79%	0.33x	$2.50 Billion
Maxvision Technology Corp (002990)	$2.30 Billion	8.62%	0.55x	$1.28 Billion
Wangsu Science Tech (300017)	$8.84 Billion	1.87%	0.20x	$5.55 Billion
Shenzhen Tianyuan Dic Info Tech (300047)	$3.30 Billion	3.54%	0.74x	$772.71 Million
Shenzhen InfoGem Technologies Co Ltd (300085)	$427.33 Million	-31.10%	1.14x	$3.35 Billion
TIZA Information Industry Corporation Inc (300209)	$1.99 Billion	1.21%	0.34x	$3.12 Billion

About QingCloud Technologies Corp.

SHG:688316 China Software - Infrastructure

Market Cap

$280.92 Million

CN¥1.92 Billion CNY

Market Cap Rank

#14874 Global

#4373 in China

Share Price

CN¥40.08

Change (1 day)

+4.59%

52-Week Range

CN¥38.06 - CN¥91.37

All Time High

CN¥105.00