Dongfang Electric Corporation Limited (DEU) - Net Assets
Based on the latest financial reports, Dongfang Electric Corporation Limited (DEU) has net assets worth €45.40 Billion EUR (≈ $53.08 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€156.37 Billion ≈ $182.81 Billion USD) and total liabilities (€110.96 Billion ≈ $129.73 Billion 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 DEU asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €45.40 Billion |
| % of Total Assets | 29.04% |
| Annual Growth Rate | 7.95% |
| 5-Year Change | 28.24% |
| 10-Year Change | 79.93% |
| Growth Volatility | 10.13 |
Dongfang Electric Corporation Limited - Net Assets Trend (2013–2024)
This chart illustrates how Dongfang Electric Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore Dongfang Electric Corporation Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Dongfang Electric Corporation Limited (2013–2024)
The table below shows the annual net assets of Dongfang Electric Corporation Limited from 2013 to 2024. For live valuation and market cap data, see Dongfang Electric Corporation Limited (DEU) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €43.14 Billion ≈ $50.44 Billion |
+4.66% |
| 2023-12-31 | €41.22 Billion ≈ $48.19 Billion |
+6.72% |
| 2022-12-31 | €38.62 Billion ≈ $45.16 Billion |
+9.16% |
| 2021-12-31 | €35.38 Billion ≈ $41.37 Billion |
+5.18% |
| 2020-12-31 | €33.64 Billion ≈ $39.33 Billion |
+5.80% |
| 2019-12-31 | €31.80 Billion ≈ $37.18 Billion |
+3.60% |
| 2018-12-31 | €30.69 Billion ≈ $35.88 Billion |
+34.81% |
| 2017-12-31 | €22.77 Billion ≈ $26.62 Billion |
+3.09% |
| 2016-12-31 | €22.09 Billion ≈ $25.82 Billion |
-7.89% |
| 2015-12-31 | €23.98 Billion ≈ $28.03 Billion |
+17.14% |
| 2014-12-31 | €20.47 Billion ≈ $23.93 Billion |
+10.09% |
| 2013-12-31 | €18.59 Billion ≈ $21.74 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Dongfang Electric Corporation Limited'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 111.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.69 Billion | 58.49% |
| Other Components | €16.11 Billion | 41.51% |
| Total Equity | €38.80 Billion | 100.00% |
Dongfang Electric Corporation Limited Competitors by Market Cap
The table below lists competitors of Dongfang Electric Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
$2.00 Billion |
|
Mesoblast Ltd
AU:MSB
|
$2.00 Billion |
|
Partner
TA:PTNR
|
$2.00 Billion |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
$2.00 Billion |
|
Hangzhou Steam Turbine
SHE:200771
|
$1.99 Billion |
|
BRP Inc
TO:DOO
|
$1.99 Billion |
|
Select Medical Holdings
NYSE:SEM
|
$1.99 Billion |
|
Vermilion Energy Inc.
TO:VET
|
$1.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongfang Electric Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,244,895,787 to 38,796,282,367, a change of 1,551,386,580 (4.2%).
- Net income of 2,922,100,908 contributed positively to equity growth.
- Dividend payments of 1,531,069,263 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.92 Billion | +7.53% |
| Dividends Paid | €1.53 Billion | -3.95% |
| Other Changes | €160.35 Million | +0.41% |
| Total Change | €- | 4.17% |
Book Value vs Market Value Analysis
This analysis compares Dongfang Electric Corporation Limited'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: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.45x to 0.34x 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 | €9.34 | €4.18 | x |
| 2018-12-31 | €9.25 | €4.18 | x |
| 2019-12-31 | €9.53 | €4.18 | x |
| 2020-12-31 | €9.91 | €4.18 | x |
| 2021-12-31 | €10.42 | €4.18 | x |
| 2022-12-31 | €11.22 | €4.18 | x |
| 2023-12-31 | €11.94 | €4.18 | x |
| 2024-12-31 | €12.44 | €4.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongfang Electric Corporation Limited 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): 7.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.66x
- Recent ROE (7.53%) is above the historical average (5.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.28% | 5.54% | 0.54x | 4.40x | €580.05 Million |
| 2014 | 6.54% | 3.27% | 0.45x | 4.39x | €-676.15 Million |
| 2015 | 1.90% | 1.22% | 0.42x | 3.74x | €-1.87 Billion |
| 2016 | -8.44% | -5.36% | 0.39x | 4.01x | €-3.90 Billion |
| 2017 | 3.08% | 2.18% | 0.39x | 3.62x | €-1.51 Billion |
| 2018 | 3.95% | 3.80% | 0.33x | 3.19x | €-1.73 Billion |
| 2019 | 4.34% | 4.02% | 0.35x | 3.04x | €-1.67 Billion |
| 2020 | 6.02% | 4.99% | 0.38x | 3.16x | €-1.23 Billion |
| 2021 | 7.04% | 4.79% | 0.46x | 3.17x | €-960.73 Million |
| 2022 | 8.16% | 5.16% | 0.48x | 3.30x | €-643.50 Million |
| 2023 | 9.53% | 5.85% | 0.50x | 3.25x | €-174.10 Million |
| 2024 | 7.53% | 4.19% | 0.49x | 3.66x | €-957.53 Million |
Industry Comparison
This section compares Dongfang Electric Corporation Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $14,249,746,682
- Average return on equity (ROE) among peers: 10.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongfang Electric Corporation Limited (DEU) | €45.40 Billion | 13.28% | 2.44x | $2.00 Billion |
| MORIMATSU INT.H.C. (HK) (1S5) | $4.39 Billion | 19.24% | 1.03x | $915.38 Million |
| 2G Energy AG (2GB) | $14.44 Million | 17.37% | 1.09x | $670.96 Million |
| Eaton Corporation PLC (3EC) | $14.94 Billion | 12.86% | 1.04x | $131.02 Billion |
| MERUS POWER OYJ EO 1 (99H) | $12.09 Million | -6.60% | 0.75x | $34.28 Million |
| Aumann AG (AAG) | $27.15 Million | 30.11% | 2.26x | $170.49 Million |
| Atlas Copco A ADR (ACO) | $110.38 Billion | 23.93% | 0.83x | $64.34 Billion |
| ATS CORP. (ATO0) | $985.68 Million | 12.39% | 2.11x | $2.67 Billion |
| Chongqing Machinery & Electric Co. Ltd (CE3) | $6.25 Billion | 8.19% | 1.18x | $424.46 Million |
| NEL ASA ADR/30 NK -20 (D7GA) | $5.45 Billion | -21.49% | 0.28x | $352.91 Million |
| Datron AG (DAR) | $42.92 Million | 10.43% | 0.32x | $30.88 Million |
About Dongfang Electric Corporation Limited
Dongfang Electric Corporation Limited engages in the design, develop, manufacture, and sale of power generation equipment in China and internationally. It operates in five segments: Renewable Energy Equipment, High-efficient clean energy equipment, Engineering and supply chain, Modern manufacturing services business, and Emerging Growth Industries. The company offers power generation equipment fo… Read more