CICT Mobile Communication Technology Co. Ltd. A Net Assets
CICT Mobile Communication Technology Co. Ltd. A net assets. Based on the latest financial reports, CICT Mobile Communication Technology Co. Ltd. A (688387) has net assets worth CN¥6.30 Billion CNY (≈ $922.45 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¥13.11 Billion ≈ $1.92 Billion USD) and total liabilities (CN¥6.81 Billion ≈ $996.16 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 688387 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.30 Billion |
| % of Total Assets | 48.08% |
| Annual Growth Rate | 55.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 97.37 |
Net Assets of CICT Mobile Communication Technology Co. Ltd. A (2020–2024)
Net assets of CICT Mobile Communication Technology Co. Ltd. A from 2020 to 2024. This chart illustrates how CICT Mobile Communication Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See 688387 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for CICT Mobile Communication Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of CICT Mobile Communication Technology Co. Ltd. A from 2020 to 2024. For live market cap and overall valuation, see CICT Mobile Communication Technology Co. (688387) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.39 Billion ≈ $935.59 Million |
-4.13% |
| 2023-12-31 | CN¥6.67 Billion ≈ $975.91 Million |
-5.01% |
| 2022-12-31 | CN¥7.02 Billion ≈ $1.03 Billion |
+93.33% |
| 2021-12-31 | CN¥3.63 Billion ≈ $531.38 Million |
+233.11% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.52 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CICT Mobile Communication Technology Co. Ltd. A'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 223831470354.0% over the analyzed period, potentially due to dividend distributions or operating losses.
CICT Mobile Communication Technology Co. Ltd. A Net Assets Breakdown (December 2024)
CICT Mobile Communication Technology Co. Ltd. A net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥15.34 Billion | 244.35% |
| Total Equity | CN¥6.28 Billion | 100.00% |
CICT Mobile Communication Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of CICT Mobile Communication Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nice Ltd
TA:NICE
|
$5.23 Billion |
|
Karman Holdings Inc.
NYSE:KRMN
|
$5.24 Billion |
|
LB Group Co Ltd
SHE:002601
|
$5.24 Billion |
|
Main Street Capital Corporation
NYSE:MAIN
|
$5.24 Billion |
|
GRINM Semiconductor Materials Co. Ltd. A
SHG:688432
|
$5.23 Billion |
|
Cencosud
SN:CENCOSUD
|
$5.23 Billion |
|
Loongson Technology Corp. Ltd. A
SHG:688047
|
$5.23 Billion |
|
Shandong Sinocera Func Material
SHE:300285
|
$5.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CICT Mobile Communication Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,558,132,394 to 6,276,919,528, a change of -281,212,866 (-4.3%).
- Net loss of 278,638,254 reduced equity.
- Dividend payments of 43,459,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-278.64 Million | -4.44% |
| Dividends Paid | CN¥43.46 Million | -0.69% |
| Other Changes | CN¥40.88 Million | +0.65% |
| Total Change | CN¥- | -4.29% |
Book Value vs Market Value Analysis
This analysis compares CICT Mobile Communication Technology Co. Ltd. A'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: 5.70x
- 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 28.54x to 5.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥0.37 | CN¥10.46 | x |
| 2021-12-31 | CN¥1.29 | CN¥10.46 | x |
| 2022-12-31 | CN¥2.02 | CN¥10.46 | x |
| 2023-12-31 | CN¥1.92 | CN¥10.46 | x |
| 2024-12-31 | CN¥1.84 | CN¥10.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CICT Mobile Communication Technology Co. Ltd. A 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): -4.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.29%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.19x
- Recent ROE (-4.44%) is above the historical average (-45.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -174.73% | -38.69% | 0.44x | 10.25x | CN¥-1.85 Billion |
| 2021 | -33.49% | -20.89% | 0.52x | 3.06x | CN¥-1.54 Billion |
| 2022 | -9.75% | -9.74% | 0.45x | 2.20x | CN¥-1.37 Billion |
| 2023 | -5.45% | -4.55% | 0.54x | 2.20x | CN¥-1.01 Billion |
| 2024 | -4.44% | -4.29% | 0.47x | 2.19x | CN¥-906.33 Million |
Industry Comparison
This section compares CICT Mobile Communication Technology Co. Ltd. A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $7,003,700,165
- Average return on equity (ROE) among peers: -6.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CICT Mobile Communication Technology Co. Ltd. A (688387) | CN¥6.30 Billion | -174.73% | 1.08x | $5.23 Billion |
| ZTE Corp (000063) | $59.54 Billion | 13.57% | 2.04x | $16.30 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $647.88 Million | 1.70% | 0.50x | $1.49 Billion |
| Addsino Co Ltd (000547) | $1.19 Billion | 5.82% | 0.43x | $2.84 Billion |
| Sichuan Huiyuan Optical Com (000586) | $255.87 Million | 6.64% | 1.07x | $274.29 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $366.30 Million | -60.83% | 6.39x | $341.51 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $141.46 Million | -24.11% | 0.50x | $1.51 Billion |
| Skyworth Digital Co Ltd (000810) | $644.69 Million | 8.66% | 1.02x | $1.76 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.69 Billion | -3.79% | 1.71x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $1.10 Billion | -11.80% | 1.83x | $701.37 Million |
| Sunwave Communications Co Ltd (002115) | $2.46 Billion | 2.25% | 0.78x | $1.03 Billion |
About CICT Mobile Communication Technology Co. Ltd. A
CICT Mobile Communication Technology Co., Ltd. engages in the development and service of mobile communication technology solutions in China and internationally. The company offers system, antenna, room, and industry-specific network equipment. It also provides mobile communication integrated service; and mobile communication network operation and maintenance services. In addition, the company off… Read more