Hangzhou Raycloud Technology Co Ltd
Hangzhou Raycloud Technology Co.,Ltd engages in providing e-commerce software services in China and internationally. It offers Software as a Service to e-commerce merchants. The company also provides value-added products and services, such as supporting hardware and operational services. In addition, it provides super store manager, express assistant, prosperous store transactions, super express,… Read more
Hangzhou Raycloud Technology Co Ltd (688365) - Net Assets
Latest net assets as of September 2025: CN¥939.73 Million CNY
Based on the latest financial reports, Hangzhou Raycloud Technology Co Ltd (688365) has net assets worth CN¥939.73 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¥1.77 Billion) and total liabilities (CN¥830.92 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¥939.73 Million |
| % of Total Assets | 53.07% |
| Annual Growth Rate | 18.28% |
| 5-Year Change | -15.9% |
| 10-Year Change | N/A |
| Growth Volatility | 39.4 |
Hangzhou Raycloud Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hangzhou Raycloud 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 Hangzhou Raycloud Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Hangzhou Raycloud Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥953.35 Million | -6.82% |
| 2023-12-31 | CN¥1.02 Billion | +17.47% |
| 2022-12-31 | CN¥871.04 Million | -21.88% |
| 2021-12-31 | CN¥1.12 Billion | -1.63% |
| 2020-12-31 | CN¥1.13 Billion | +57.07% |
| 2019-12-31 | CN¥721.68 Million | +18.47% |
| 2018-12-31 | CN¥609.15 Million | +16.29% |
| 2017-12-31 | CN¥523.84 Million | +110.50% |
| 2016-12-31 | CN¥248.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Raycloud 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 6237382312.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥425.82 Million | 44.53% |
| Other Components | CN¥638.64 Million | 66.79% |
| Total Equity | CN¥956.25 Million | 100.00% |
Hangzhou Raycloud Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Raycloud Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Giti Tire Corp
SHG:600182
|
$348.97 Million |
|
SFA Semicon Co. Ltd
KQ:036540
|
$348.99 Million |
|
ChemPartner PharmaTech Co Ltd
SHE:300149
|
$349.03 Million |
|
Nanjing CEC Environmental Protect
SHE:300172
|
$349.04 Million |
|
Shanghai Yongli Belting Co Ltd
SHE:300230
|
$348.91 Million |
|
Polynovo Ltd
AU:PNV
|
$348.89 Million |
|
Douglas AG
XETRA:DOU
|
$348.66 Million |
|
Zhejiang Tengen Electrics Co Ltd
SHG:605066
|
$348.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Raycloud Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,023,235,658 to 956,250,133, a change of -66,985,525 (-6.5%).
- Net loss of 82,046,116 reduced equity.
- Dividend payments of 7,312,690 reduced retained earnings.
- Share repurchases of 332,233 reduced equity.
- Other comprehensive income increased equity by 153,462,831.
- Other factors decreased equity by 130,757,317.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-82.05 Million | -8.58% |
| Dividends Paid | CN¥7.31 Million | -0.76% |
| Share Repurchases | CN¥332.23K | -0.03% |
| Other Comprehensive Income | CN¥153.46 Million | +16.05% |
| Other Changes | CN¥-130.76 Million | -13.67% |
| Total Change | CN¥- | -6.55% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Raycloud 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: 9.03x
- 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 24.85x to 9.03x 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¥0.80 | CN¥20.00 | x |
| 2017-12-31 | CN¥1.48 | CN¥20.00 | x |
| 2018-12-31 | CN¥1.71 | CN¥20.00 | x |
| 2019-12-31 | CN¥2.02 | CN¥20.00 | x |
| 2020-12-31 | CN¥2.90 | CN¥20.00 | x |
| 2021-12-31 | CN¥2.79 | CN¥20.00 | x |
| 2022-12-31 | CN¥2.19 | CN¥20.00 | x |
| 2023-12-31 | CN¥2.44 | CN¥20.00 | x |
| 2024-12-31 | CN¥2.21 | CN¥20.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Raycloud 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): -8.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.17%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.68x
- Recent ROE (-8.58%) is below the historical average (3.09%), 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 | 8.70% | 8.26% | 0.86x | 1.22x | CN¥-3.24 Million |
| 2017 | 18.93% | 27.68% | 0.62x | 1.11x | CN¥46.80 Million |
| 2018 | 17.58% | 23.01% | 0.66x | 1.16x | CN¥46.19 Million |
| 2019 | 13.35% | 20.74% | 0.56x | 1.15x | CN¥24.20 Million |
| 2020 | 8.27% | 18.37% | 0.39x | 1.15x | CN¥-19.58 Million |
| 2021 | -6.11% | -12.39% | 0.37x | 1.34x | CN¥-178.20 Million |
| 2022 | -22.56% | -39.82% | 0.38x | 1.51x | CN¥-283.89 Million |
| 2023 | -1.80% | -3.88% | 0.30x | 1.53x | CN¥-120.77 Million |
| 2024 | -8.58% | -17.17% | 0.30x | 1.68x | CN¥-177.67 Million |
Industry Comparison
This section compares Hangzhou Raycloud Technology 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 |
|---|---|---|---|---|
| Hangzhou Raycloud Technology Co Ltd (688365) | CN¥939.73 Million | 8.70% | 0.88x | $348.93 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 |