WEBRAY ORD A (SHH) EQSW Exp:
WebRAY Tech(Beijing) Co., Ltd. develops cyberspace security solutions in China. It provides enterprise grade web application security products and solutions. The company offers general, industry, and new security, as well as after-sales services. It serves the finance, education, government, electricity, and other fields. The company was founded in 2010 and is headquartered in Beijing, China.
WEBRAY ORD A (SHH) EQSW Exp: (688651) - Net Assets
Latest net assets as of June 2025: CN¥957.85 Million CNY
Based on the latest financial reports, WEBRAY ORD A (SHH) EQSW Exp: (688651) has net assets worth CN¥957.85 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.11 Billion) and total liabilities (CN¥151.50 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¥957.85 Million |
| % of Total Assets | 86.34% |
| Annual Growth Rate | 62.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 125.13 |
WEBRAY ORD A (SHH) EQSW Exp: - Net Assets Trend (2021–2024)
This chart illustrates how WEBRAY ORD A (SHH) EQSW Exp:'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WEBRAY ORD A (SHH) EQSW Exp: (2021–2024)
The table below shows the annual net assets of WEBRAY ORD A (SHH) EQSW Exp: from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥996.21 Million | -0.67% |
| 2023-12-31 | CN¥1.00 Billion | +272.94% |
| 2022-12-31 | CN¥268.92 Million | +16.49% |
| 2021-12-31 | CN¥230.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WEBRAY ORD A (SHH) EQSW Exp:'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 grown by 118.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥114.11 Million | 11.62% |
| Other Components | CN¥867.56 Million | 88.38% |
| Total Equity | CN¥981.66 Million | 100.00% |
WEBRAY ORD A (SHH) EQSW Exp: Competitors by Market Cap
The table below lists competitors of WEBRAY ORD A (SHH) EQSW Exp: ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
USA TODAY Co., Inc.
NYSE:TDAY
|
$58.40K |
|
Warehouse REIT plc
LSE:WHR
|
$58.41K |
|
Focus Impact Acquisition Corp. Warrant
PINK:FIACW
|
$58.42K |
|
PENNON GRP - Dusseldorf Stock Exchang
DU:3PNA
|
$58.56K |
|
Turn Cloud Technology Service Inc.
TWO:6870
|
$58.38K |
|
Korea Kolmar Holdings Co. Ltd.
KQ:024720
|
$58.37K |
|
Black Sea Property PLC Ordinary Shares
TA:BSP
|
$58.33K |
|
ORASCOM DEVL HLDG N (4O7.SG)
STU:4O7
|
$58.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WEBRAY ORD A (SHH) EQSW Exp:'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,002,906,634 to 981,662,633, a change of -21,244,001 (-2.1%).
- Net income of 1,628,507 contributed positively to equity growth.
- Dividend payments of 4,713,496 reduced retained earnings.
- Other factors decreased equity by 18,159,012.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.63 Million | +0.17% |
| Dividends Paid | CN¥4.71 Million | -0.48% |
| Other Changes | CN¥-18.16 Million | -1.85% |
| Total Change | CN¥- | -2.12% |
Book Value vs Market Value Analysis
This analysis compares WEBRAY ORD A (SHH) EQSW Exp:'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: 3.41x
- 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 10.88x to 3.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥4.08 | CN¥44.44 | x |
| 2022-12-31 | CN¥4.76 | CN¥44.44 | x |
| 2023-12-31 | CN¥13.30 | CN¥44.44 | x |
| 2024-12-31 | CN¥13.02 | CN¥44.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WEBRAY ORD A (SHH) EQSW Exp: 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): 0.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.55%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.20x
- Recent ROE (0.17%) is below the historical average (10.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 20.70% | 23.59% | 0.64x | 1.36x | CN¥24.70 Million |
| 2022 | 17.17% | 19.56% | 0.64x | 1.37x | CN¥19.29 Million |
| 2023 | 4.24% | 14.62% | 0.25x | 1.14x | CN¥-57.78 Million |
| 2024 | 0.17% | 0.55% | 0.25x | 1.20x | CN¥-96.54 Million |
Industry Comparison
This section compares WEBRAY ORD A (SHH) EQSW Exp:'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,456,249,898
- Average return on equity (ROE) among peers: 8.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WEBRAY ORD A (SHH) EQSW Exp: (688651) | CN¥957.85 Million | 20.70% | 0.16x | $58.40K |
| Eastcompeace Technology Co Ltd (002017) | $646.56 Million | 5.49% | 0.83x | $920.25 Million |
| Wiscom System Co Ltd (002090) | $140.01 Million | 26.49% | 1.17x | $628.57 Million |
| Topsec Technologies Group Inc (002212) | $1.71 Billion | 2.92% | 0.70x | $1.14 Billion |
| Focus Technology Co Ltd (002315) | $2.53 Billion | 17.80% | 0.66x | $907.07 Million |
| Beijing Venustech Inc (002439) | $1.80 Billion | 13.57% | 0.57x | $1.30 Billion |
| Maxvision Technology Corp (002990) | $2.09 Billion | 4.61% | 0.45x | $351.49 Million |
| Wangsu Science Tech (300017) | $708.43 Million | 5.48% | 0.03x | $4.01 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $3.53 Billion | 1.14% | 0.78x | $943.57 Million |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $515.68 Million | 4.04% | 0.03x | $2.36 Billion |
| TIZA Information Industry Corporation Inc (300209) | $887.96 Million | 6.39% | 0.45x | $1.08 Billion |