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
Dongfang Electric Corporation Limited (DNGFF) - Net Assets
Latest net assets as of September 2025: $47.27 Billion USD
Based on the latest financial reports, Dongfang Electric Corporation Limited (DNGFF) has net assets worth $47.27 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($164.50 Billion) and total liabilities ($117.23 Billion). 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 | $47.27 Billion |
| % of Total Assets | 28.73% |
| Annual Growth Rate | 13.24% |
| 5-Year Change | 28.24% |
| 10-Year Change | 79.93% |
| Growth Volatility | 61.26 |
Dongfang Electric Corporation Limited - Net Assets Trend (1995–2024)
This chart illustrates how Dongfang Electric Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dongfang Electric Corporation Limited (1995–2024)
The table below shows the annual net assets of Dongfang Electric Corporation Limited from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $43.14 Billion | +4.66% |
| 2023-12-31 | $41.22 Billion | +6.72% |
| 2022-12-31 | $38.62 Billion | +9.16% |
| 2021-12-31 | $35.38 Billion | +5.18% |
| 2020-12-31 | $33.64 Billion | +5.80% |
| 2019-12-31 | $31.80 Billion | +3.60% |
| 2018-12-31 | $30.69 Billion | +7.96% |
| 2017-12-31 | $28.43 Billion | +28.73% |
| 2016-12-31 | $22.09 Billion | -7.89% |
| 2015-12-31 | $23.98 Billion | +17.14% |
| 2014-12-31 | $20.47 Billion | +10.09% |
| 2013-12-31 | $18.59 Billion | +12.36% |
| 2012-12-31 | $16.55 Billion | +13.29% |
| 2011-12-31 | $14.61 Billion | +23.95% |
| 2010-12-31 | $11.78 Billion | +30.19% |
| 2009-12-31 | $9.05 Billion | +244.79% |
| 2008-12-31 | $2.63 Billion | -32.13% |
| 2007-12-31 | $3.87 Billion | -36.40% |
| 2006-12-31 | $6.08 Billion | +231.48% |
| 2005-12-31 | $1.83 Billion | +44.35% |
| 2004-12-31 | $1.27 Billion | +33.78% |
| 2003-12-31 | $950.02 Million | +3.65% |
| 2002-12-31 | $916.61 Million | +3.37% |
| 2001-12-31 | $886.71 Million | -22.76% |
| 2000-12-31 | $1.15 Billion | +0.45% |
| 1999-12-31 | $1.14 Billion | -1.47% |
| 1998-12-31 | $1.16 Billion | -3.55% |
| 1997-12-31 | $1.20 Billion | +1.68% |
| 1996-12-31 | $1.18 Billion | +1.05% |
| 1995-12-31 | $1.17 Billion | -- |
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 28073.4% 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% |
| Common Stock | $3.12 Billion | 8.04% |
| Other Comprehensive Income | $98.27 Million | 0.25% |
| Other Components | $12.89 Billion | 33.22% |
| 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 |
|---|---|
|
Indian Railway Catering And Tourism Corporation Limited
NSE:IRCTC
|
$1.83 Billion |
|
PTT GLBL CHEM.-NVDR- BA10
F:GCB1
|
$1.83 Billion |
|
Apar Industries Limited
NSE:APARINDS
|
$1.83 Billion |
|
Jinke Property Group Co Ltd
SHE:000656
|
$1.83 Billion |
|
Cellebrite DI
NASDAQ:CLBT
|
$1.83 Billion |
|
Gongniu Group Co Ltd
SHG:603195
|
$1.83 Billion |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369
|
$1.83 Billion |
|
Beijing Dabeinong Technology Group Co Ltd
SHE:002385
|
$1.83 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 37,244,895,786 to 38,796,282,000, a change of 1,551,386,214 (4.2%).
- Net income of 2,922,100,908 contributed positively to equity growth.
- Dividend payments of 1,531,069,000 reduced retained earnings.
- Other comprehensive income increased equity by 101,831,220.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.92 Billion | +7.53% |
| Dividends Paid | $1.53 Billion | -3.95% |
| Other Comprehensive Income | $101.83 Million | +0.26% |
| Other Changes | $58.52 Million | +0.15% |
| 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: 0.09x
- 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 0.33x to 0.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $3.31 | $1.10 | x |
| 2007-12-31 | $1.84 | $1.10 | x |
| 2008-12-31 | $1.44 | $1.10 | x |
| 2009-12-31 | $4.85 | $1.10 | x |
| 2010-12-31 | $5.53 | $1.10 | x |
| 2011-12-31 | $6.91 | $1.10 | x |
| 2012-12-31 | $7.80 | $1.10 | x |
| 2013-12-31 | $7.68 | $1.10 | x |
| 2014-12-31 | $9.02 | $1.10 | x |
| 2015-12-31 | $9.98 | $1.10 | x |
| 2016-12-31 | $9.01 | $1.10 | x |
| 2017-12-31 | $8.78 | $1.10 | x |
| 2018-12-31 | $9.37 | $1.10 | x |
| 2019-12-31 | $9.45 | $1.10 | x |
| 2020-12-31 | $9.96 | $1.10 | x |
| 2021-12-31 | $10.36 | $1.10 | x |
| 2022-12-31 | $11.27 | $1.10 | x |
| 2023-12-31 | $11.96 | $1.10 | x |
| 2024-12-31 | $12.48 | $1.10 | 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 below the historical average (10.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 7.82% | 15.62% | 0.28x | 1.79x | $-25.47 Million |
| 1996 | 4.80% | 8.73% | 0.28x | 1.98x | $-61.46 Million |
| 1997 | 4.61% | 7.63% | 0.30x | 2.04x | $-64.81 Million |
| 1998 | 6.16% | 8.71% | 0.34x | 2.09x | $-44.51 Million |
| 1999 | 0.44% | 0.67% | 0.33x | 2.02x | $-109.25 Million |
| 2000 | 0.20% | 0.36% | 0.27x | 2.09x | $-112.40 Million |
| 2001 | -29.50% | -70.58% | 0.14x | 2.92x | $-349.93 Million |
| 2002 | 1.81% | 1.70% | 0.36x | 3.01x | $-74.96 Million |
| 2003 | 3.49% | 2.76% | 0.32x | 3.91x | $-61.79 Million |
| 2004 | 20.85% | 12.90% | 0.32x | 5.02x | $137.73 Million |
| 2005 | 28.80% | 17.33% | 0.36x | 4.62x | $344.72 Million |
| 2006 | 38.24% | 8.97% | 0.73x | 5.80x | $1.53 Billion |
| 2007 | 66.16% | 8.00% | 0.68x | 12.10x | $1.69 Billion |
| 2008 | 6.61% | 0.54% | 0.49x | 25.26x | $-78.30 Million |
| 2009 | 17.74% | 4.63% | 0.45x | 8.46x | $671.29 Million |
| 2010 | 23.34% | 6.77% | 0.46x | 7.45x | $1.47 Billion |
| 2011 | 22.14% | 7.12% | 0.52x | 5.97x | $1.68 Billion |
| 2012 | 13.98% | 5.75% | 0.49x | 5.00x | $623.32 Million |
| 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 | 3.87% | 3.16% | 0.35x | 3.49x | $-1.67 Billion |
| 2018 | 3.95% | 3.68% | 0.33x | 3.21x | $-1.73 Billion |
| 2019 | 4.34% | 3.89% | 0.37x | 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 | 8.17% | 5.16% | 0.48x | 3.30x | $-640.25 Million |
| 2023 | 9.53% | 5.96% | 0.49x | 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: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongfang Electric Corporation Limited (DNGFF) | $47.27 Billion | 7.82% | 2.48x | $1.83 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |