Diguang Intl Dev Co
Diguang International Development Co., Ltd. engages in the design, production, and distribution of small to medium-sized light emitting diode and cold cathode fluorescent lamp backlights primarily for large and medium sized companies. The company offers backlights for liquid crystal displays in various applications, such as color displays for cell phones, car televisions and navigation systems, d… Read more
Diguang Intl Dev Co (DGNG) - Net Assets
Latest net assets as of March 2011: $14.21 Million USD
Based on the latest financial reports, Diguang Intl Dev Co (DGNG) has net assets worth $14.21 Million USD as of March 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.11 Million) and total liabilities ($43.91 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 | $14.21 Million |
| % of Total Assets | 24.45% |
| Annual Growth Rate | 151.42% |
| 5-Year Change | -45.76% |
| 10-Year Change | N/A |
| Growth Volatility | 29799.56 |
Diguang Intl Dev Co - Net Assets Trend (2001–2010)
This chart illustrates how Diguang Intl Dev Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Diguang Intl Dev Co (2001–2010)
The table below shows the annual net assets of Diguang Intl Dev Co from 2001 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-12-31 | $16.05 Million | -20.57% |
| 2009-12-31 | $20.20 Million | -26.09% |
| 2008-12-31 | $27.33 Million | -4.99% |
| 2007-12-31 | $28.77 Million | -2.76% |
| 2006-12-31 | $29.58 Million | +80109.93% |
| 2002-12-31 | $36.88K | +822.03% |
| 2001-12-31 | $4.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diguang Intl Dev Co'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 1088814000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 4.9% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2010)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.59K | 0.17% |
| Treasury Stock | $674.00K | 4.93% |
| Other Comprehensive Income | $4.29 Million | 31.39% |
| Other Components | $20.93 Million | 152.96% |
| Total Equity | $13.68 Million | 100.00% |
Diguang Intl Dev Co Competitors by Market Cap
The table below lists competitors of Diguang Intl Dev Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Armm Inc
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|
$8.29 |
|
XTRA Bitcoin Inc
PINK:CBTC
|
$8.63 |
|
Protext Mobility Inc
PINK:TXTM
|
$8.66 |
|
Carroll Shelby International Inc
PINK:CSBI
|
$8.71 |
|
Swift Foods Inc
PSE:SFI
|
$8.14 |
|
ATIPW
PINK:ATIPW
|
$8.13 |
|
Zapp Electric Vehicles Group Limited Warrant
NASDAQ:ZAPPW
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$7.99 |
|
United Amern Pete Cp
PINK:UAPC
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$7.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diguang Intl Dev Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from 17,726,818 to 13,680,331, a change of -4,046,487 (-22.8%).
- Net loss of 4,046,000 reduced equity.
- Other comprehensive income decreased equity by 45,067.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.05 Million | -29.58% |
| Other Comprehensive Income | $-45.07K | -0.33% |
| Other Changes | $44.58K | +0.33% |
| Total Change | $- | -22.83% |
Book Value vs Market Value Analysis
This analysis compares Diguang Intl Dev Co'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: 0.00x
- 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 0.15x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.01 | $0.00 | x |
| 2003-12-31 | $-0.04 | $0.00 | x |
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $1.38 | $0.00 | x |
| 2007-12-31 | $1.21 | $0.00 | x |
| 2008-12-31 | $1.12 | $0.00 | x |
| 2009-12-31 | $0.80 | $0.00 | x |
| 2010-12-31 | $0.62 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diguang Intl Dev Co 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): -29.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.23%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 4.65x
- Recent ROE (-29.58%) is above the historical average (-31.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -190.68% | -115.74% | 0.44x | 3.76x | $-74.01K |
| 2003 | 0.00% | -260.27% | 0.00x | 0.00x | $-216.02K |
| 2004 | 0.00% | -0.10% | 0.00x | 0.00x | $-17.55K |
| 2005 | 0.00% | -4.67% | 0.00x | 0.00x | $-1.66 Million |
| 2006 | 5.64% | 5.23% | 0.85x | 1.27x | $-1.29 Million |
| 2007 | -10.64% | -6.33% | 0.81x | 2.07x | $-5.63 Million |
| 2008 | -19.02% | -8.51% | 1.03x | 2.16x | $-7.20 Million |
| 2009 | -40.62% | -16.34% | 0.85x | 2.92x | $-8.97 Million |
| 2010 | -29.58% | -6.23% | 1.02x | 4.65x | $-5.41 Million |
Industry Comparison
This section compares Diguang Intl Dev Co's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diguang Intl Dev Co (DGNG) | $14.21 Million | -190.68% | 3.09x | $8.17 |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |