Digital China Group Co Ltd (000034) - Net Assets

Latest as of December 2025: CN¥11.79 Billion CNY ≈ $1.73 Billion USD

Based on the latest financial reports, Digital China Group Co Ltd (000034) has net assets worth CN¥11.79 Billion CNY (≈ $1.73 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥57.15 Billion ≈ $8.36 Billion USD) and total liabilities (CN¥45.36 Billion ≈ $6.64 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 000034 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥11.79 Billion
% of Total Assets 20.63%
Annual Growth Rate 9.72%
5-Year Change 77.17%
10-Year Change 344.87%
Growth Volatility 265.65

Digital China Group Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Digital China Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Digital China Group Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Digital China Group Co Ltd (1993–2025)

The table below shows the annual net assets of Digital China Group Co Ltd from 1993 to 2025. For live valuation and market cap data, see Digital China Group Co Ltd market cap and net worth.

Year Net Assets Change
2025-12-31 CN¥11.79 Billion
≈ $1.73 Billion
+18.25%
2024-12-31 CN¥9.97 Billion
≈ $1.46 Billion
+7.70%
2023-12-31 CN¥9.26 Billion
≈ $1.35 Billion
+12.65%
2022-12-31 CN¥8.22 Billion
≈ $1.20 Billion
+23.50%
2021-12-31 CN¥6.66 Billion
≈ $973.95 Million
+41.53%
2020-12-31 CN¥4.70 Billion
≈ $688.17 Million
+7.50%
2019-12-31 CN¥4.37 Billion
≈ $640.18 Million
+13.13%
2018-12-31 CN¥3.87 Billion
≈ $565.89 Million
+15.17%
2017-12-31 CN¥3.36 Billion
≈ $491.36 Million
+26.68%
2016-12-31 CN¥2.65 Billion
≈ $387.88 Million
+1317.47%
2015-12-31 CN¥187.00 Million
≈ $27.36 Million
+12.90%
2014-12-31 CN¥165.64 Million
≈ $24.24 Million
+56.13%
2013-12-31 CN¥106.09 Million
≈ $15.52 Million
+18.77%
2012-12-31 CN¥89.32 Million
≈ $13.07 Million
+4.71%
2011-12-31 CN¥85.31 Million
≈ $12.48 Million
+29.14%
2010-12-31 CN¥66.06 Million
≈ $9.67 Million
+108.19%
2009-12-31 CN¥-806.39 Million
≈ $-118.00 Million
+28.83%
2008-12-31 CN¥-1.13 Billion
≈ $-165.79 Million
-31.56%
2007-12-31 CN¥-861.18 Million
≈ $-126.02 Million
-59.51%
2006-12-31 CN¥-539.89 Million
≈ $-79.00 Million
-34.57%
2005-12-31 CN¥-401.19 Million
≈ $-58.71 Million
-130.18%
2004-12-31 CN¥-174.29 Million
≈ $-25.50 Million
-149.91%
2003-12-31 CN¥349.17 Million
≈ $51.10 Million
-5.11%
2002-12-31 CN¥367.97 Million
≈ $53.85 Million
-12.20%
2001-12-31 CN¥419.09 Million
≈ $61.33 Million
+13.35%
2000-12-31 CN¥369.73 Million
≈ $54.10 Million
+418.66%
1999-12-31 CN¥71.29 Million
≈ $10.43 Million
+167.09%
1998-12-31 CN¥26.69 Million
≈ $3.91 Million
-95.52%
1997-12-31 CN¥595.93 Million
≈ $87.20 Million
-12.82%
1996-12-31 CN¥683.55 Million
≈ $100.02 Million
+10.62%
1995-12-31 CN¥617.92 Million
≈ $90.42 Million
-2.61%
1994-12-31 CN¥634.50 Million
≈ $92.85 Million
+4.56%
1993-12-31 CN¥606.80 Million
≈ $88.79 Million
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Equity Component Analysis

This analysis shows how different components contribute to Digital China Group Co Ltd'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 432553126605.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥4.33 Billion 39.30%
Other Components CN¥6.68 Billion 60.70%
Total Equity CN¥11.01 Billion 100.00%

Digital China Group Co Ltd Competitors by Market Cap

The table below lists competitors of Digital China Group Co Ltd ranked by their market capitalization.

Company Market Cap
North Copper Shanxi Co Ltd
SHE:000737
$4.00 Billion
HOSHIZAKIL UNSP.ADR/025
F:HS00
$4.00 Billion
Luster LightTech Co. Ltd. Cl A
SHG:688400
$4.00 Billion
Strauss Group
TA:STRS
$4.00 Billion
Ryan Specialty Group Holdings Inc
NYSE:RYAN
$4.00 Billion
Jushri Technologies Inc Class A
SHE:300762
$3.99 Billion
Aecc Aero Engine Control Co Ltd
SHE:000738
$3.99 Billion
Archer Aviation Inc
NYSE:ACHR
$3.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Digital China Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 9,245,179,332 to 11,006,444,067, a change of 1,761,264,735 (19.1%).
  • Net income of 522,943,843 contributed positively to equity growth.
  • Dividend payments of 856,473,008 reduced retained earnings.
  • Other factors increased equity by 2,094,793,900.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥522.94 Million +4.75%
Dividends Paid CN¥856.47 Million -7.78%
Other Changes CN¥2.09 Billion +19.03%
Total Change CN¥- 19.05%

Book Value vs Market Value Analysis

This analysis compares Digital China Group Co Ltd'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: 2.48x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 259.49x to 2.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.15 CN¥37.67 x
1992-12-31 CN¥0.24 CN¥37.67 x
1993-12-31 CN¥1.25 CN¥37.67 x
1994-12-31 CN¥1.30 CN¥37.67 x
1995-12-31 CN¥1.27 CN¥37.67 x
1996-12-31 CN¥1.40 CN¥37.67 x
1997-12-31 CN¥1.22 CN¥37.67 x
1998-12-31 CN¥0.05 CN¥37.67 x
1999-12-31 CN¥0.15 CN¥37.67 x
2000-12-31 CN¥0.65 CN¥37.67 x
2001-12-31 CN¥0.75 CN¥37.67 x
2002-12-31 CN¥0.65 CN¥37.67 x
2003-12-31 CN¥0.49 CN¥37.67 x
2004-12-31 CN¥-0.55 CN¥37.67 x
2005-12-31 CN¥-0.98 CN¥37.67 x
2006-12-31 CN¥-1.25 CN¥37.67 x
2007-12-31 CN¥-2.86 CN¥37.67 x
2008-12-31 CN¥-3.21 CN¥37.67 x
2009-12-31 CN¥-2.24 CN¥37.67 x
2010-12-31 CN¥0.18 CN¥37.67 x
2011-12-31 CN¥0.26 CN¥37.67 x
2012-12-31 CN¥0.22 CN¥37.67 x
2013-12-31 CN¥0.32 CN¥37.67 x
2014-12-31 CN¥0.46 CN¥37.67 x
2015-12-31 CN¥0.53 CN¥37.67 x
2016-12-31 CN¥4.38 CN¥37.67 x
2017-12-31 CN¥5.12 CN¥37.67 x
2018-12-31 CN¥5.90 CN¥37.67 x
2019-12-31 CN¥6.69 CN¥37.67 x
2020-12-31 CN¥7.16 CN¥37.67 x
2021-12-31 CN¥9.45 CN¥37.67 x
2022-12-31 CN¥11.81 CN¥37.67 x
2023-12-31 CN¥12.83 CN¥37.67 x
2024-12-31 CN¥13.93 CN¥37.67 x
2025-12-31 CN¥15.21 CN¥37.67 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Digital China Group Co Ltd 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): 4.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.36%
  • • Asset Turnover: 2.52x
  • • Equity Multiplier: 5.19x
  • Recent ROE (4.75%) is above the historical average (-26.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 36.92% 4.06% 2.97x 3.07x CN¥18.95 Million
1992 39.13% 5.40% 1.34x 5.41x CN¥34.11 Million
1993 12.59% 9.91% 0.56x 2.25x CN¥15.71 Million
1994 8.98% 8.85% 0.41x 2.46x CN¥-6.46 Million
1995 1.78% 1.82% 0.37x 2.67x CN¥-50.56 Million
1996 8.49% 10.33% 0.33x 2.52x CN¥-10.25 Million
1997 -14.60% -13.16% 0.39x 2.82x CN¥-145.76 Million
1998 -2109.84% -91.82% 0.55x 41.46x CN¥-545.30 Million
1999 63.91% 7.49% 0.72x 11.92x CN¥38.43 Million
2000 85.93% 65.28% 0.31x 4.24x CN¥239.89 Million
2001 12.03% 3.50% 0.86x 4.01x CN¥7.37 Million
2002 -30.63% -13.92% 0.45x 4.84x CN¥-127.54 Million
2003 2.30% 0.57% 0.64x 6.26x CN¥-18.46 Million
2004 0.00% -136.96% 0.36x 0.00x CN¥-479.66 Million
2005 0.00% -43.24% 0.56x 0.00x CN¥-138.41 Million
2006 0.00% -33.64% 0.55x 0.00x CN¥-61.25 Million
2007 0.00% -67.62% 1.18x 0.00x CN¥-160.86 Million
2008 0.00% -91.91% 1.52x 0.00x CN¥-142.47 Million
2009 0.00% 39.31% 2.25x 0.00x CN¥214.34 Million
2010 754.11% 123.87% 2.13x 2.86x CN¥491.54 Million
2011 19.46% 3.83% 2.09x 2.43x CN¥8.07 Million
2012 4.49% 0.88% 2.36x 2.17x CN¥-4.92 Million
2013 15.80% 3.15% 1.41x 3.57x CN¥6.16 Million
2014 37.11% 12.08% 1.10x 2.79x CN¥44.91 Million
2015 11.42% 4.66% 1.02x 2.40x CN¥2.66 Million
2016 15.25% 1.00% 2.38x 6.43x CN¥138.98 Million
2017 21.58% 1.16% 2.56x 7.25x CN¥387.92 Million
2018 13.27% 0.63% 3.15x 6.73x CN¥126.19 Million
2019 16.04% 0.81% 2.95x 6.73x CN¥264.20 Million
2020 13.28% 0.68% 2.99x 6.55x CN¥154.09 Million
2021 4.07% 0.20% 3.14x 6.37x CN¥-362.86 Million
2022 13.21% 0.87% 2.88x 5.29x CN¥244.20 Million
2023 13.69% 0.98% 2.67x 5.25x CN¥316.08 Million
2024 8.14% 0.59% 2.82x 4.91x CN¥-171.82 Million
2025 4.75% 0.36% 2.52x 5.19x CN¥-577.70 Million

Industry Comparison

This section compares Digital China Group Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,414,498,873
  • Average return on equity (ROE) among peers: -62.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Digital China Group Co Ltd (000034) CN¥11.79 Billion 36.92% 3.85x $4.00 Billion
ZJBC Information Technology Co Ltd (000889) $338.44 Million -592.41% 3.36x $605.58 Million
Yunnan Nantian Electronics Information Co Ltd (000948) $516.76 Million 0.60% 0.37x $826.70 Million
Guomai Technologies Inc (002093) $1.28 Billion 8.47% 0.78x $1.23 Billion
Shanghai HiTech Control System (002184) $1.27 Billion 1.14% 0.70x $601.98 Million
SZZT Electronics Co Ltd (002197) $2.42 Billion -9.95% 1.15x $723.70 Million
Talkweb Information System Co Ltd (002261) $3.78 Billion 5.60% 0.12x $6.53 Billion
Westone Information Industry Inc (002268) $378.26 Million 9.09% 0.20x $1.94 Billion
Taiji Computer Corp Ltd (002368) $2.03 Billion 9.66% 1.05x $1.57 Billion
COSCO SHIPPING Technology Co Ltd (002401) $715.73 Million 7.66% 0.70x $771.75 Million

About Digital China Group Co Ltd

SHE:000034 China Information Technology Services
Market Cap
$4.00 Billion
CN¥27.31 Billion CNY
Market Cap Rank
#4161 Global
#724 in China
Share Price
CN¥37.67
Change (1 day)
+0.61%
52-Week Range
CN¥32.02 - CN¥48.48
All Time High
CN¥57.85
About

Digital China Group Co., Ltd. engages in the IT distribution and value-added service business in China and internationally. It operates through IT Distribution and Value-Added Services; Cloud Services and Software; Proprietary Brand Products; and Headquarters and Others segments. The company distributes digital hardware and software products, such as servers, storage, networks, security, desktops… Read more