Dongguan Development Holdings Co Ltd (000828) - Net Assets

Latest as of September 2025: CN¥10.28 Billion CNY ≈ $1.50 Billion USD

Based on the latest financial reports, Dongguan Development Holdings Co Ltd (000828) has net assets worth CN¥10.28 Billion CNY (≈ $1.50 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 (CN¥16.36 Billion ≈ $2.39 Billion USD) and total liabilities (CN¥6.08 Billion ≈ $889.25 Million 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 000828 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Dongguan Development Holdings Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 000828 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥9.96 Billion ≈ $1.46 Billion	-44.37%
2023-12-31	CN¥17.90 Billion ≈ $2.62 Billion	+22.84%
2022-12-31	CN¥14.58 Billion ≈ $2.13 Billion	+29.04%
2021-12-31	CN¥11.30 Billion ≈ $1.65 Billion	+25.20%
2020-12-31	CN¥9.02 Billion ≈ $1.32 Billion	+21.88%
2019-12-31	CN¥7.40 Billion ≈ $1.08 Billion	+12.72%
2018-12-31	CN¥6.57 Billion ≈ $960.96 Million	+15.54%
2017-12-31	CN¥5.68 Billion ≈ $831.74 Million	+10.89%
2016-12-31	CN¥5.13 Billion ≈ $750.09 Million	+11.84%
2015-12-31	CN¥4.58 Billion ≈ $670.68 Million	+10.73%
2014-12-31	CN¥4.14 Billion ≈ $605.69 Million	+13.51%
2013-12-31	CN¥3.65 Billion ≈ $533.61 Million	+7.84%
2012-12-31	CN¥3.38 Billion ≈ $494.83 Million	+6.43%
2011-12-31	CN¥3.18 Billion ≈ $464.95 Million	+5.41%
2010-12-31	CN¥3.01 Billion ≈ $441.10 Million	+6.76%
2009-12-31	CN¥2.82 Billion ≈ $413.18 Million	+5.82%
2008-12-31	CN¥2.67 Billion ≈ $390.44 Million	+1.08%
2007-12-31	CN¥2.64 Billion ≈ $386.26 Million	+3.17%
2006-12-31	CN¥2.56 Billion ≈ $374.38 Million	+0.69%
2005-12-31	CN¥2.54 Billion ≈ $371.81 Million	+2.06%
2004-12-31	CN¥2.49 Billion ≈ $364.30 Million	+9.56%
2003-12-31	CN¥2.27 Billion ≈ $332.52 Million	+5.12%
2002-12-31	CN¥2.16 Billion ≈ $316.33 Million	+2.53%
2001-12-31	CN¥2.11 Billion ≈ $308.53 Million	-26.82%
2000-12-31	CN¥2.88 Billion ≈ $421.59 Million	+3.45%
1999-12-31	CN¥2.78 Billion ≈ $407.52 Million	+16.66%
1998-12-31	CN¥2.39 Billion ≈ $349.31 Million	+19.08%
1997-12-31	CN¥2.00 Billion ≈ $293.34 Million	+158.41%
1996-12-31	CN¥775.76 Million ≈ $113.52 Million	+34.79%
1995-12-31	CN¥575.54 Million ≈ $84.22 Million	+5.72%
1994-12-31	CN¥544.38 Million ≈ $79.66 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
Tangshan Sunfar Silicon Ind SHG:603938	$1.58 Billion
Sildarvinnslan Hf. IC:SVN	$1.58 Billion
Suzhou Douson Drilling & Production Equipment Co Ltd SHG:603800	$1.58 Billion
China Merchants Property Operation & Service Co Ltd SHE:001914	$1.58 Billion
Hangzhou Honghua Digital Technology Stock Company LTD SHG:688789	$1.58 Billion
Alphatec Holdings Inc NASDAQ:ATEC	$1.58 Billion
Fushun Special Steel Co Ltd SHG:600399	$1.58 Billion
Shiny Chemical Industrial Co Ltd TW:1773	$1.58 Billion

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: 1.11x
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 21.31x to 1.11x 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¥10.38	x
1995-12-31	CN¥0.51	CN¥10.38	x
1996-12-31	CN¥0.69	CN¥10.38	x
1997-12-31	CN¥1.79	CN¥10.38	x
1998-12-31	CN¥2.14	CN¥10.38	x
1999-12-31	CN¥2.49	CN¥10.38	x
2000-12-31	CN¥2.56	CN¥10.38	x
2001-12-31	CN¥1.88	CN¥10.38	x
2002-12-31	CN¥1.93	CN¥10.38	x
2003-12-31	CN¥2.03	CN¥10.38	x
2004-12-31	CN¥2.23	CN¥10.38	x
2005-12-31	CN¥2.27	CN¥10.38	x
2006-12-31	CN¥2.46	CN¥10.38	x
2007-12-31	CN¥2.54	CN¥10.38	x
2008-12-31	CN¥2.57	CN¥10.38	x
2009-12-31	CN¥2.72	CN¥10.38	x
2010-12-31	CN¥2.90	CN¥10.38	x
2011-12-31	CN¥3.06	CN¥10.38	x
2012-12-31	CN¥3.25	CN¥10.38	x
2013-12-31	CN¥3.48	CN¥10.38	x
2014-12-31	CN¥3.87	CN¥10.38	x
2015-12-31	CN¥4.41	CN¥10.38	x
2016-12-31	CN¥4.91	CN¥10.38	x
2017-12-31	CN¥5.44	CN¥10.38	x
2018-12-31	CN¥6.28	CN¥10.38	x
2019-12-31	CN¥6.96	CN¥10.38	x
2020-12-31	CN¥7.49	CN¥10.38	x
2021-12-31	CN¥8.16	CN¥10.38	x
2022-12-31	CN¥10.16	CN¥10.38	x
2023-12-31	CN¥9.66	CN¥10.38	x
2024-12-31	CN¥9.36	CN¥10.38	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: $7,517,983,497
Average return on equity (ROE) among peers: 12.56%

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	$1.58 Billion
Guangdong Provincial Expressway Development Co Ltd (000429)	$1.07 Billion	11.81%	0.12x	$3.21 Billion
Shanxi Sanwei Group Co Ltd (000755)	$1.22 Billion	12.33%	6.04x	$1.08 Billion
City Development Environment Co Ltd (000885)	$2.01 Billion	29.97%	3.03x	$1.33 Billion
Xiandai Investment Co Ltd (000900)	$2.64 Billion	4.14%	1.04x	$937.29 Million
Merchant Express Class A (001965)	$49.80 Billion	7.85%	0.69x	$9.35 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469)	$753.39 Million	9.12%	0.22x	$682.68 Million
Xinjiang Communications Construction Group Co Ltd Class A (002941)	$382.68 Million	11.06%	4.44x	$1.48 Billion
Guangdong Provincial Expressway Development Co Ltd (200429)	$4.80 Billion	8.09%	1.19x	$402.45 Million
Anhui Expressway Co Ltd (600012)	$4.99 Billion	18.68%	0.45x	$2.67 Billion

About Dongguan Development Holdings Co Ltd

SHE:000828 China Infrastructure Operations

Market Cap

$1.58 Billion

CN¥10.79 Billion CNY

Market Cap Rank

#7171 Global

#1691 in China

Share Price

CN¥10.38

Change (1 day)

-0.38%

52-Week Range

CN¥9.81 - CN¥12.20

All Time High

CN¥14.45