Dongguan Development Holdings Co Ltd
Dongguan Development (Holdings) Co., Ltd. develops, invests, constructs, and operates urban rail transit in China. The company operates in three segments: Highway Toll Collection and Overseas Investment, Financial Services, and New Energy Vehicle Charging. It also provides financial leasing and commercial factoring. The company was formerly known as Guangdong Fudi Technology Co., Ltd. The company… Read more
Dongguan Development Holdings Co Ltd (000828) - Net Assets
Latest net assets as of September 2025: CN¥10.28 Billion CNY
Based on the latest financial reports, Dongguan Development Holdings Co Ltd (000828) has net assets worth CN¥10.28 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.36 Billion) and total liabilities (CN¥6.08 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 | CN¥10.28 Billion |
| % of Total Assets | 62.85% |
| Annual Growth Rate | 10.17% |
| 5-Year Change | 10.4% |
| 10-Year Change | 117.32% |
| Growth Volatility | 30.66 |
Dongguan Development Holdings Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Dongguan Development Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dongguan Development Holdings Co Ltd (1994–2024)
The table below shows the annual net assets of Dongguan Development Holdings Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.96 Billion | -44.37% |
| 2023-12-31 | CN¥17.90 Billion | +22.84% |
| 2022-12-31 | CN¥14.58 Billion | +29.04% |
| 2021-12-31 | CN¥11.30 Billion | +25.20% |
| 2020-12-31 | CN¥9.02 Billion | +21.88% |
| 2019-12-31 | CN¥7.40 Billion | +12.72% |
| 2018-12-31 | CN¥6.57 Billion | +15.54% |
| 2017-12-31 | CN¥5.68 Billion | +10.89% |
| 2016-12-31 | CN¥5.13 Billion | +11.84% |
| 2015-12-31 | CN¥4.58 Billion | +10.73% |
| 2014-12-31 | CN¥4.14 Billion | +13.51% |
| 2013-12-31 | CN¥3.65 Billion | +7.84% |
| 2012-12-31 | CN¥3.38 Billion | +6.43% |
| 2011-12-31 | CN¥3.18 Billion | +5.41% |
| 2010-12-31 | CN¥3.01 Billion | +6.76% |
| 2009-12-31 | CN¥2.82 Billion | +5.82% |
| 2008-12-31 | CN¥2.67 Billion | +1.08% |
| 2007-12-31 | CN¥2.64 Billion | +3.17% |
| 2006-12-31 | CN¥2.56 Billion | +0.69% |
| 2005-12-31 | CN¥2.54 Billion | +2.06% |
| 2004-12-31 | CN¥2.49 Billion | +9.56% |
| 2003-12-31 | CN¥2.27 Billion | +5.12% |
| 2002-12-31 | CN¥2.16 Billion | +2.53% |
| 2001-12-31 | CN¥2.11 Billion | -26.82% |
| 2000-12-31 | CN¥2.88 Billion | +3.45% |
| 1999-12-31 | CN¥2.78 Billion | +16.66% |
| 1998-12-31 | CN¥2.39 Billion | +19.08% |
| 1997-12-31 | CN¥2.00 Billion | +158.41% |
| 1996-12-31 | CN¥775.76 Million | +34.79% |
| 1995-12-31 | CN¥575.54 Million | +5.72% |
| 1994-12-31 | CN¥544.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dongguan Development Holdings 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 628588869900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.29 Billion | 63.90% |
| Common Stock | CN¥1.04 Billion | 10.57% |
| Other Comprehensive Income | CN¥1.39 Billion | 14.08% |
| Other Components | CN¥1.13 Billion | 11.44% |
| Total Equity | CN¥9.84 Billion | 100.00% |
Dongguan Development Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Dongguan Development Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evergrande Property Services Group Limited
PINK:EVGPF
|
$469.52 Million |
|
Altice USA Inc
NYSE:ATUS
|
$469.75 Million |
|
Olympic Steel Inc
NASDAQ:ZEUS
|
$469.83 Million |
|
Guangzhou Zhujiang Brewery Co Ltd
SHE:002461
|
$469.85 Million |
|
Andlauer Healthcare Group Inc
PINK:ANDHF
|
$469.38 Million |
|
Shanghai Phoenix Enterprise Group Co Ltd A
SHG:600679
|
$469.28 Million |
|
Orthofix Medical Inc
NASDAQ:OFIX
|
$469.09 Million |
|
Irish Residential Properties
IR:IRES
|
$468.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongguan Development Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,918,643,403 to 9,836,596,276, a change of -1,082,047,127 (-9.9%).
- Net income of 955,199,044 contributed positively to equity growth.
- Dividend payments of 781,265,537 reduced retained earnings.
- Other comprehensive income increased equity by 1,385,449,599.
- Other factors decreased equity by 2,641,430,233.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥955.20 Million | +9.71% |
| Dividends Paid | CN¥781.27 Million | -7.94% |
| Other Comprehensive Income | CN¥1.39 Billion | +14.08% |
| Other Changes | CN¥-2.64 Billion | -26.85% |
| Total Change | CN¥- | -9.91% |
Book Value vs Market Value Analysis
This analysis compares Dongguan Development Holdings 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: 1.17x
- 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 22.54x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.49 | CN¥10.98 | x |
| 1995-12-31 | CN¥0.51 | CN¥10.98 | x |
| 1996-12-31 | CN¥0.69 | CN¥10.98 | x |
| 1997-12-31 | CN¥1.79 | CN¥10.98 | x |
| 1998-12-31 | CN¥2.14 | CN¥10.98 | x |
| 1999-12-31 | CN¥2.49 | CN¥10.98 | x |
| 2000-12-31 | CN¥2.56 | CN¥10.98 | x |
| 2001-12-31 | CN¥1.88 | CN¥10.98 | x |
| 2002-12-31 | CN¥1.93 | CN¥10.98 | x |
| 2003-12-31 | CN¥2.03 | CN¥10.98 | x |
| 2004-12-31 | CN¥2.23 | CN¥10.98 | x |
| 2005-12-31 | CN¥2.27 | CN¥10.98 | x |
| 2006-12-31 | CN¥2.46 | CN¥10.98 | x |
| 2007-12-31 | CN¥2.54 | CN¥10.98 | x |
| 2008-12-31 | CN¥2.57 | CN¥10.98 | x |
| 2009-12-31 | CN¥2.72 | CN¥10.98 | x |
| 2010-12-31 | CN¥2.90 | CN¥10.98 | x |
| 2011-12-31 | CN¥3.06 | CN¥10.98 | x |
| 2012-12-31 | CN¥3.25 | CN¥10.98 | x |
| 2013-12-31 | CN¥3.48 | CN¥10.98 | x |
| 2014-12-31 | CN¥3.87 | CN¥10.98 | x |
| 2015-12-31 | CN¥4.41 | CN¥10.98 | x |
| 2016-12-31 | CN¥4.91 | CN¥10.98 | x |
| 2017-12-31 | CN¥5.44 | CN¥10.98 | x |
| 2018-12-31 | CN¥6.28 | CN¥10.98 | x |
| 2019-12-31 | CN¥6.96 | CN¥10.98 | x |
| 2020-12-31 | CN¥7.49 | CN¥10.98 | x |
| 2021-12-31 | CN¥8.16 | CN¥10.98 | x |
| 2022-12-31 | CN¥10.16 | CN¥10.98 | x |
| 2023-12-31 | CN¥9.66 | CN¥10.98 | x |
| 2024-12-31 | CN¥9.36 | CN¥10.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongguan Development Holdings 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): 9.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.46%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.77x
- Recent ROE (9.71%) is below the historical average (12.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 30.82% | 16.38% | 0.53x | 3.58x | CN¥113.36 Million |
| 1995 | 54.14% | 17.10% | 0.86x | 3.67x | CN¥254.01 Million |
| 1996 | 39.00% | 16.10% | 0.77x | 3.15x | CN¥224.98 Million |
| 1997 | 17.48% | 16.53% | 0.70x | 1.52x | CN¥149.87 Million |
| 1998 | 4.90% | 5.07% | 0.72x | 1.34x | CN¥-121.73 Million |
| 1999 | 16.93% | 14.89% | 0.75x | 1.51x | CN¥193.12 Million |
| 2000 | 5.58% | 5.48% | 0.64x | 1.58x | CN¥-126.29 Million |
| 2001 | -20.92% | -23.92% | 0.53x | 1.65x | CN¥-648.12 Million |
| 2002 | 2.81% | 2.94% | 0.69x | 1.38x | CN¥-155.50 Million |
| 2003 | 4.84% | 4.67% | 0.84x | 1.23x | CN¥-117.21 Million |
| 2004 | 8.72% | 52.86% | 0.14x | 1.15x | CN¥-31.79 Million |
| 2005 | 8.82% | 48.25% | 0.13x | 1.40x | CN¥-29.95 Million |
| 2006 | 7.80% | 41.83% | 0.16x | 1.20x | CN¥-56.37 Million |
| 2007 | 7.76% | 41.78% | 0.13x | 1.42x | CN¥-59.11 Million |
| 2008 | 6.91% | 42.95% | 0.10x | 1.56x | CN¥-82.34 Million |
| 2009 | 10.29% | 64.48% | 0.10x | 1.67x | CN¥8.15 Million |
| 2010 | 11.68% | 57.19% | 0.15x | 1.39x | CN¥50.63 Million |
| 2011 | 11.17% | 51.12% | 0.14x | 1.57x | CN¥37.16 Million |
| 2012 | 10.50% | 48.15% | 0.15x | 1.49x | CN¥17.00 Million |
| 2013 | 11.07% | 52.33% | 0.15x | 1.45x | CN¥38.64 Million |
| 2014 | 14.68% | 63.08% | 0.16x | 1.46x | CN¥188.23 Million |
| 2015 | 17.82% | 74.44% | 0.13x | 1.82x | CN¥358.19 Million |
| 2016 | 16.25% | 66.22% | 0.14x | 1.75x | CN¥318.96 Million |
| 2017 | 15.68% | 61.06% | 0.14x | 1.81x | CN¥321.16 Million |
| 2018 | 16.17% | 65.05% | 0.15x | 1.69x | CN¥402.89 Million |
| 2019 | 14.83% | 65.49% | 0.14x | 1.63x | CN¥349.99 Million |
| 2020 | 11.72% | 72.63% | 0.09x | 1.80x | CN¥134.22 Million |
| 2021 | 10.96% | 17.47% | 0.32x | 1.96x | CN¥81.33 Million |
| 2022 | 7.84% | 20.17% | 0.16x | 2.51x | CN¥-228.40 Million |
| 2023 | 6.11% | 14.22% | 0.16x | 2.69x | CN¥-425.10 Million |
| 2024 | 9.71% | 56.46% | 0.10x | 1.77x | CN¥-28.46 Million |
Industry Comparison
This section compares Dongguan Development Holdings Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $12,747,309,692
- Average return on equity (ROE) among peers: 0.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongguan Development Holdings Co Ltd (000828) | CN¥10.28 Billion | 30.82% | 0.59x | $469.41 Million |
| Shanxi Sanwei Group Co Ltd (000755) | $4.95 Billion | 9.26% | 1.57x | $239.87 Million |
| City Development Environment Co Ltd (000885) | $103.40 Million | -76.39% | 3.38x | $431.18 Million |
| Xiandai Investment Co Ltd (000900) | $5.14 Billion | 16.00% | 0.56x | $475.65 Million |
| Merchant Express Class A (001965) | $63.32 Billion | 7.85% | 0.55x | $2.91 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $2.87 Billion | 9.16% | 0.26x | $626.47 Million |
| Xinjiang Communications Construction Group Co Ltd Class A (002941) | $2.50 Billion | 14.14% | 3.06x | $839.14 Million |
| Guangdong Provincial Expressway Development Co Ltd (200429) | $12.41 Billion | 13.17% | 0.72x | $1.13 Billion |
| Henan Zhongyuan Expressway Co Ltd (600020) | $11.21 Billion | 7.13% | 3.47x | $484.63 Million |
| Fujian Expressway Development Co Ltd (600033) | $12.23 Billion | 3.70% | 0.32x | $626.53 Million |