Digital China Group Co Ltd (000034) - Net Assets
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 |
-- |
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
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