DOWAY
Dowway Holdings Limited, an investment holding company, operates as an integrated exhibition and event management company in the People's Republic of China. The company operates through Exhibition and Event Related Business; Advertising Related Business; and E-commerce Business segments. It designs, plans, coordinates, and manages exhibitions and events; engages in the stage and venue design, fea… Read more
DOWAY (DOWAY) - Net Assets
Latest net assets as of December 2024: $3.69 Million USD
Based on the latest financial reports, DOWAY (DOWAY) has net assets worth $3.69 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($131.12 Million) and total liabilities ($127.43 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 | $3.69 Million |
| % of Total Assets | 2.81% |
| Annual Growth Rate | -49.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.73 |
DOWAY - Net Assets Trend (2020–2024)
This chart illustrates how DOWAY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DOWAY (2020–2024)
The table below shows the annual net assets of DOWAY from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.69 Million | +3.19% |
| 2023-12-31 | $3.58 Million | -82.56% |
| 2022-12-31 | $20.49 Million | -58.98% |
| 2021-12-31 | $49.96 Million | -11.44% |
| 2020-12-31 | $56.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DOWAY'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 6616300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $86.65 Million | 2031.08% |
| Total Equity | $4.27 Million | 100.00% |
DOWAY Competitors by Market Cap
The table below lists competitors of DOWAY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MNtech Co. Ltd
KQ:095500
|
$121.04 Million |
|
Wuhu Fuchun Dye and Weave Co.Ltd.
SHG:605189
|
$121.05 Million |
|
Sun Pharma Advanced Research Company Limited
NSE:SPARC
|
$121.05 Million |
|
Wallix Group SA
PA:ALLIX
|
$121.09 Million |
|
Salmon Evolution Holding AS
OL:SALME
|
$121.01 Million |
|
Stylam Industries Limited
NSE:STYLAMIND
|
$121.00 Million |
|
Goodbaby International Holdings Limited
PINK:GBBYF
|
$120.98 Million |
|
RIMINI STREET DL-0001
F:0QH
|
$120.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DOWAY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,575,000 to 4,266,000, a change of 691,000 (19.3%).
- Net loss of 5,746,000 reduced equity.
- New share issuances of 6,437,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.75 Million | -134.69% |
| Share Issuances | $6.44 Million | +150.89% |
| Total Change | $- | 19.33% |
Book Value vs Market Value Analysis
This analysis compares DOWAY'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: 50.61x
- 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 increased from 3.01x to 50.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.56 | $1.70 | x |
| 2021-12-31 | $0.50 | $1.70 | x |
| 2022-12-31 | $0.17 | $1.70 | x |
| 2023-12-31 | $0.03 | $1.70 | x |
| 2024-12-31 | $0.03 | $1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DOWAY 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): -134.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.10%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 30.74x
- Recent ROE (-134.69%) is above the historical average (-166.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -31.61% | -12.37% | 1.15x | 2.23x | $-23.48 Million |
| 2021 | -15.31% | -4.50% | 1.14x | 2.98x | $-12.65 Million |
| 2022 | -177.89% | -20.58% | 1.29x | 6.69x | $-38.50 Million |
| 2023 | -473.23% | -14.40% | 1.08x | 30.47x | $-17.28 Million |
| 2024 | -134.69% | -4.10% | 1.07x | 30.74x | $-6.17 Million |
Industry Comparison
This section compares DOWAY's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DOWAY (DOWAY) | $3.69 Million | -31.61% | 34.54x | $121.01 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |