Dare Technology Co Ltd
Dare Power Dekor Home Co.,Ltd. operates in the wood-based panel and flooring businesses in China. The company offers Shengxiang branded flooring and Daya branded wood-based panels. It also provides artificial boards and wood floors. Dare Power Dekor Home Co.,Ltd. was formerly known as Dare Technology Co., Ltd. and changed its name to Dare Power Dekor Home Co.,Ltd. in October 2016. The company was… Read more
Dare Technology Co Ltd (000910) - Net Assets
Latest net assets as of September 2025: CN¥6.87 Billion CNY
Based on the latest financial reports, Dare Technology Co Ltd (000910) has net assets worth CN¥6.87 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¥9.75 Billion) and total liabilities (CN¥2.88 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¥6.87 Billion |
| % of Total Assets | 70.46% |
| Annual Growth Rate | 16.64% |
| 5-Year Change | 18.75% |
| 10-Year Change | 184.04% |
| Growth Volatility | 59.89 |
Dare Technology Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Dare Technology 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 Dare Technology Co Ltd (1996–2024)
The table below shows the annual net assets of Dare Technology Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.88 Billion | +0.21% |
| 2023-12-31 | CN¥6.87 Billion | +3.71% |
| 2022-12-31 | CN¥6.62 Billion | +4.57% |
| 2021-12-31 | CN¥6.33 Billion | +9.27% |
| 2020-12-31 | CN¥5.80 Billion | +10.15% |
| 2019-12-31 | CN¥5.26 Billion | +16.99% |
| 2018-12-31 | CN¥4.50 Billion | +22.56% |
| 2017-12-31 | CN¥3.67 Billion | +21.18% |
| 2016-12-31 | CN¥3.03 Billion | +24.99% |
| 2015-12-31 | CN¥2.42 Billion | -21.36% |
| 2014-12-31 | CN¥3.08 Billion | -2.04% |
| 2013-12-31 | CN¥3.15 Billion | +6.27% |
| 2012-12-31 | CN¥2.96 Billion | +3.65% |
| 2011-12-31 | CN¥2.86 Billion | +2.62% |
| 2010-12-31 | CN¥2.78 Billion | +10.85% |
| 2009-12-31 | CN¥2.51 Billion | -11.71% |
| 2008-12-31 | CN¥2.84 Billion | +15.13% |
| 2007-12-31 | CN¥2.47 Billion | +37.70% |
| 2006-12-31 | CN¥1.79 Billion | +30.40% |
| 2005-12-31 | CN¥1.38 Billion | +15.81% |
| 2004-12-31 | CN¥1.19 Billion | +8.43% |
| 2003-12-31 | CN¥1.10 Billion | +16.85% |
| 2002-12-31 | CN¥937.26 Million | +10.87% |
| 2001-12-31 | CN¥845.37 Million | +4.81% |
| 2000-12-31 | CN¥806.56 Million | +6.40% |
| 1999-12-31 | CN¥758.06 Million | +324.32% |
| 1998-12-31 | CN¥178.65 Million | +18.79% |
| 1997-12-31 | CN¥150.39 Million | +62.67% |
| 1996-12-31 | CN¥92.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dare Technology 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 562526284400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.63 Billion | 83.30% |
| Common Stock | CN¥547.40 Million | 8.11% |
| Other Comprehensive Income | CN¥98.55 Million | 1.46% |
| Other Components | CN¥481.71 Million | 7.13% |
| Total Equity | CN¥6.75 Billion | 100.00% |
Dare Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Dare Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NISSHA CO. LTD.
F:6X8
|
$294.60 Million |
|
Black Diamond Group Limited
OTCQX:BDIMF
|
$294.62 Million |
|
BOE Varitronix Limited
PINK:VARXF
|
$294.68 Million |
|
Qingdao Daneng Environmental Protection Equipment Co Ltd
SHG:688501
|
$294.74 Million |
|
CHEMSPEC ORD A (SHH) EQSW Exp:
SHG:688602
|
$294.58 Million |
|
Kennede Electronics MFG Co Ltd
SHE:002723
|
$294.51 Million |
|
Yorhe Fluid Intelligent Control Co Ltd
SHE:002795
|
$294.49 Million |
|
ZheJiang BangJie Digital Knitting Share Co Ltd
SHE:002634
|
$294.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dare Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,705,270,474 to 6,752,922,605, a change of 47,652,131 (0.7%).
- Net income of 139,018,828 contributed positively to equity growth.
- Dividend payments of 104,005,525 reduced retained earnings.
- Other comprehensive income increased equity by 7,143,774.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥139.02 Million | +2.06% |
| Dividends Paid | CN¥104.01 Million | -1.54% |
| Other Comprehensive Income | CN¥7.14 Million | +0.11% |
| Other Changes | CN¥5.50 Million | +0.08% |
| Total Change | CN¥- | 0.71% |
Book Value vs Market Value Analysis
This analysis compares Dare Technology 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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 42.61x to 0.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.18 | CN¥7.48 | x |
| 1997-12-31 | CN¥0.28 | CN¥7.48 | x |
| 1998-12-31 | CN¥0.34 | CN¥7.48 | x |
| 1999-12-31 | CN¥1.47 | CN¥7.48 | x |
| 2000-12-31 | CN¥1.53 | CN¥7.48 | x |
| 2001-12-31 | CN¥1.59 | CN¥7.48 | x |
| 2002-12-31 | CN¥1.70 | CN¥7.48 | x |
| 2003-12-31 | CN¥1.83 | CN¥7.48 | x |
| 2004-12-31 | CN¥1.96 | CN¥7.48 | x |
| 2005-12-31 | CN¥2.01 | CN¥7.48 | x |
| 2006-12-31 | CN¥2.54 | CN¥7.48 | x |
| 2007-12-31 | CN¥3.57 | CN¥7.48 | x |
| 2008-12-31 | CN¥3.86 | CN¥7.48 | x |
| 2009-12-31 | CN¥3.76 | CN¥7.48 | x |
| 2010-12-31 | CN¥4.13 | CN¥7.48 | x |
| 2011-12-31 | CN¥4.34 | CN¥7.48 | x |
| 2012-12-31 | CN¥4.39 | CN¥7.48 | x |
| 2013-12-31 | CN¥4.80 | CN¥7.48 | x |
| 2014-12-31 | CN¥4.95 | CN¥7.48 | x |
| 2015-12-31 | CN¥4.33 | CN¥7.48 | x |
| 2016-12-31 | CN¥5.47 | CN¥7.48 | x |
| 2017-12-31 | CN¥6.47 | CN¥7.48 | x |
| 2018-12-31 | CN¥7.82 | CN¥7.48 | x |
| 2019-12-31 | CN¥9.15 | CN¥7.48 | x |
| 2020-12-31 | CN¥10.25 | CN¥7.48 | x |
| 2021-12-31 | CN¥11.17 | CN¥7.48 | x |
| 2022-12-31 | CN¥11.80 | CN¥7.48 | x |
| 2023-12-31 | CN¥12.29 | CN¥7.48 | x |
| 2024-12-31 | CN¥12.14 | CN¥7.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dare Technology 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): 2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.60%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.39x
- Recent ROE (2.06%) is below the historical average (12.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 38.87% | 9.84% | 1.18x | 3.35x | CN¥26.02 Million |
| 1997 | 34.59% | 12.07% | 1.06x | 2.71x | CN¥35.83 Million |
| 1998 | 36.91% | 16.99% | 0.81x | 2.68x | CN¥46.82 Million |
| 1999 | 9.06% | 18.82% | 0.39x | 1.25x | CN¥-7.12 Million |
| 2000 | 7.34% | 13.42% | 0.42x | 1.29x | CN¥-20.90 Million |
| 2001 | 6.95% | 10.57% | 0.44x | 1.51x | CN¥-24.85 Million |
| 2002 | 7.11% | 7.92% | 0.49x | 1.85x | CN¥-25.27 Million |
| 2003 | 7.18% | 4.24% | 0.81x | 2.10x | CN¥-26.53 Million |
| 2004 | 5.99% | 3.28% | 0.79x | 2.30x | CN¥-40.30 Million |
| 2005 | 5.01% | 2.16% | 0.69x | 3.37x | CN¥-51.52 Million |
| 2006 | 12.61% | 3.67% | 0.68x | 5.06x | CN¥30.80 Million |
| 2007 | 11.76% | 3.71% | 0.74x | 4.31x | CN¥32.26 Million |
| 2008 | 9.85% | 3.51% | 0.66x | 4.25x | CN¥-3.10 Million |
| 2009 | 10.38% | 3.20% | 0.82x | 3.94x | CN¥7.47 Million |
| 2010 | 8.71% | 2.73% | 0.80x | 3.96x | CN¥-27.97 Million |
| 2011 | 6.23% | 1.92% | 0.81x | 4.04x | CN¥-84.89 Million |
| 2012 | 5.24% | 1.49% | 0.95x | 3.72x | CN¥-112.46 Million |
| 2013 | 5.21% | 1.59% | 0.94x | 3.50x | CN¥-120.04 Million |
| 2014 | 6.26% | 1.94% | 1.03x | 3.14x | CN¥-97.61 Million |
| 2015 | 13.85% | 4.14% | 1.19x | 2.82x | CN¥88.37 Million |
| 2016 | 18.63% | 8.28% | 1.10x | 2.04x | CN¥250.74 Million |
| 2017 | 18.87% | 9.35% | 1.11x | 1.82x | CN¥309.86 Million |
| 2018 | 16.75% | 9.98% | 1.05x | 1.60x | CN¥292.02 Million |
| 2019 | 14.20% | 9.86% | 0.91x | 1.58x | CN¥212.95 Million |
| 2020 | 11.15% | 8.61% | 0.82x | 1.57x | CN¥64.40 Million |
| 2021 | 9.73% | 6.80% | 0.93x | 1.54x | CN¥-16.26 Million |
| 2022 | 6.50% | 5.71% | 0.77x | 1.48x | CN¥-225.83 Million |
| 2023 | 4.96% | 5.09% | 0.69x | 1.42x | CN¥-337.80 Million |
| 2024 | 2.06% | 2.60% | 0.57x | 1.39x | CN¥-536.27 Million |
Industry Comparison
This section compares Dare Technology Co Ltd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $1,093,719,556
- Average return on equity (ROE) among peers: 5.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dare Technology Co Ltd (000910) | CN¥6.87 Billion | 38.87% | 0.42x | $294.60 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $567.57 Million | 10.19% | 1.05x | $2.22 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $2.16 Billion | 5.69% | 1.00x | $231.40 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $823.87 Million | 5.19% | 0.32x | $832.73 Million |
| Fujian Jinsen Forestry Co Ltd (002679) | $760.62 Million | 6.26% | 1.24x | $119.61 Million |
| Kangxin New Materials Co Ltd (600076) | $262.42 Million | 19.85% | 1.13x | $380.51 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $172.68 Million | -16.33% | 0.81x | $122.59 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $2.91 Billion | 5.93% | 0.32x | $212.93 Million |