Dare Technology Co Ltd (000910) - Net Assets
Based on the latest financial reports, Dare Technology Co Ltd (000910) has net assets worth CN¥6.70 Billion CNY (≈ $980.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.02 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥2.32 Billion ≈ $340.02 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 tangible equity quality of Dare Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.70 Billion |
| % of Total Assets | 74.25% |
| Annual Growth Rate | 15.98% |
| 5-Year Change | 7.5% |
| 10-Year Change | 124.8% |
| Growth Volatility | 59.01 |
Dare Technology Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Dare Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Dare Technology Co Ltd (000910) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dare Technology Co Ltd (1996–2025)
The table below shows the annual net assets of Dare Technology Co Ltd from 1996 to 2025. For live valuation and market cap data, see Dare Technology Co Ltd (000910) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.81 Billion ≈ $996.20 Million |
-1.08% |
| 2024-12-31 | CN¥6.88 Billion ≈ $1.01 Billion |
+0.21% |
| 2023-12-31 | CN¥6.87 Billion ≈ $1.00 Billion |
+3.71% |
| 2022-12-31 | CN¥6.62 Billion ≈ $968.98 Million |
+4.57% |
| 2021-12-31 | CN¥6.33 Billion ≈ $926.67 Million |
+9.27% |
| 2020-12-31 | CN¥5.80 Billion ≈ $848.08 Million |
+10.15% |
| 2019-12-31 | CN¥5.26 Billion ≈ $769.96 Million |
+16.99% |
| 2018-12-31 | CN¥4.50 Billion ≈ $658.14 Million |
+22.56% |
| 2017-12-31 | CN¥3.67 Billion ≈ $537.00 Million |
+21.18% |
| 2016-12-31 | CN¥3.03 Billion ≈ $443.14 Million |
+24.99% |
| 2015-12-31 | CN¥2.42 Billion ≈ $354.55 Million |
-21.36% |
| 2014-12-31 | CN¥3.08 Billion ≈ $450.87 Million |
-2.04% |
| 2013-12-31 | CN¥3.15 Billion ≈ $460.24 Million |
+6.27% |
| 2012-12-31 | CN¥2.96 Billion ≈ $433.09 Million |
+3.65% |
| 2011-12-31 | CN¥2.86 Billion ≈ $417.82 Million |
+2.62% |
| 2010-12-31 | CN¥2.78 Billion ≈ $407.14 Million |
+10.85% |
| 2009-12-31 | CN¥2.51 Billion ≈ $367.30 Million |
-11.71% |
| 2008-12-31 | CN¥2.84 Billion ≈ $415.99 Million |
+15.13% |
| 2007-12-31 | CN¥2.47 Billion ≈ $361.32 Million |
+37.70% |
| 2006-12-31 | CN¥1.79 Billion ≈ $262.40 Million |
+30.40% |
| 2005-12-31 | CN¥1.38 Billion ≈ $201.23 Million |
+15.81% |
| 2004-12-31 | CN¥1.19 Billion ≈ $173.77 Million |
+8.43% |
| 2003-12-31 | CN¥1.10 Billion ≈ $160.26 Million |
+16.85% |
| 2002-12-31 | CN¥937.26 Million ≈ $137.15 Million |
+10.87% |
| 2001-12-31 | CN¥845.37 Million ≈ $123.70 Million |
+4.81% |
| 2000-12-31 | CN¥806.56 Million ≈ $118.03 Million |
+6.40% |
| 1999-12-31 | CN¥758.06 Million ≈ $110.93 Million |
+324.32% |
| 1998-12-31 | CN¥178.65 Million ≈ $26.14 Million |
+18.79% |
| 1997-12-31 | CN¥150.39 Million ≈ $22.01 Million |
+62.67% |
| 1996-12-31 | CN¥92.46 Million ≈ $13.53 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 553459435748.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.53 Billion | 83.16% |
| Other Components | CN¥1.12 Billion | 16.84% |
| Total Equity | CN¥6.66 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 |
|---|---|
|
Csd Water Service Co Ltd
SHG:603903
|
$436.01 Million |
|
Rolex Rings Limited
NSE:ROLEXRINGS
|
$436.09 Million |
|
YTL Hospitality REIT
KLSE:5109
|
$436.47 Million |
|
Ho Chi Minh City Infrastructure Investment JSC
VN:CII
|
$436.59 Million |
|
Grid Dynamics Holdings Inc
NASDAQ:GDYN
|
$435.69 Million |
|
AdvanSix Inc
NYSE:ASIX
|
$435.20 Million |
|
Beijing Haohan Data Technology Co. Ltd. A
SHG:688292
|
$434.93 Million |
|
LH Hotel Leasehold Real Estate Investment Trust
BK:LHHOTEL
|
$434.83 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 2024 to 2025, total equity changed from 6,752,922,605 to 6,655,293,264, a change of -97,629,341 (-1.4%).
- Net income of 13,337,038 contributed positively to equity growth.
- Dividend payments of 113,442,161 reduced retained earnings.
- Other comprehensive income decreased equity by 98,548,351.
- Other factors increased equity by 101,024,133.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥13.34 Million | +0.2% |
| Dividends Paid | CN¥113.44 Million | -1.7% |
| Other Comprehensive Income | CN¥-98.55 Million | -1.48% |
| Other Changes | CN¥101.02 Million | +1.52% |
| Total Change | CN¥- | -1.45% |
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: 0.45x
- 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 30.99x to 0.45x 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¥5.44 | x |
| 1997-12-31 | CN¥0.28 | CN¥5.44 | x |
| 1998-12-31 | CN¥0.34 | CN¥5.44 | x |
| 1999-12-31 | CN¥1.47 | CN¥5.44 | x |
| 2000-12-31 | CN¥1.53 | CN¥5.44 | x |
| 2001-12-31 | CN¥1.59 | CN¥5.44 | x |
| 2002-12-31 | CN¥1.70 | CN¥5.44 | x |
| 2003-12-31 | CN¥1.83 | CN¥5.44 | x |
| 2004-12-31 | CN¥1.96 | CN¥5.44 | x |
| 2005-12-31 | CN¥2.01 | CN¥5.44 | x |
| 2006-12-31 | CN¥2.54 | CN¥5.44 | x |
| 2007-12-31 | CN¥3.57 | CN¥5.44 | x |
| 2008-12-31 | CN¥3.86 | CN¥5.44 | x |
| 2009-12-31 | CN¥3.76 | CN¥5.44 | x |
| 2010-12-31 | CN¥4.13 | CN¥5.44 | x |
| 2011-12-31 | CN¥4.34 | CN¥5.44 | x |
| 2012-12-31 | CN¥4.48 | CN¥5.44 | x |
| 2013-12-31 | CN¥4.80 | CN¥5.44 | x |
| 2014-12-31 | CN¥4.95 | CN¥5.44 | x |
| 2015-12-31 | CN¥4.33 | CN¥5.44 | x |
| 2016-12-31 | CN¥5.47 | CN¥5.44 | x |
| 2017-12-31 | CN¥6.47 | CN¥5.44 | x |
| 2018-12-31 | CN¥7.82 | CN¥5.44 | x |
| 2019-12-31 | CN¥9.15 | CN¥5.44 | x |
| 2020-12-31 | CN¥10.23 | CN¥5.44 | x |
| 2021-12-31 | CN¥11.17 | CN¥5.44 | x |
| 2022-12-31 | CN¥11.80 | CN¥5.44 | x |
| 2023-12-31 | CN¥12.25 | CN¥5.44 | x |
| 2024-12-31 | CN¥12.34 | CN¥5.44 | x |
| 2025-12-31 | CN¥12.16 | CN¥5.44 | 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): 0.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.29%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.42x
- Recent ROE (0.20%) is below the historical average (11.74%), 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 |
| 2025 | 0.20% | 0.29% | 0.48x | 1.42x | CN¥-652.19 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: $1,243,631,334
- Average return on equity (ROE) among peers: -9.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dare Technology Co Ltd (000910) | CN¥6.70 Billion | 38.87% | 0.35x | $435.75 Million |
| Zhongfu Straits Pingtan Development Co Ltd (000592) | $3.49 Billion | 0.58% | 0.19x | $1.94 Billion |
| Fujian Yongan Forestry Group Joint-Stock (000663) | $401.36 Million | 1.19% | 1.75x | $256.68 Million |
| Dehua TB New Decoration Material Co Ltd (002043) | $458.95 Million | 7.12% | 0.91x | $1.40 Billion |
| Fujian Jinsen Forestry Co Ltd (002679) | $737.63 Million | 3.47% | 1.26x | $280.13 Million |
| Kangxin New Materials Co Ltd (600076) | $525.96 Million | -50.58% | 2.79x | $627.63 Million |
| Yunnan Jinggu Forestry Co Ltd (600265) | $281.83 Million | -32.55% | 1.30x | $397.16 Million |
| Guangxi Fenglin Wood Industry Group Co Ltd (601996) | $2.81 Billion | 6.05% | 0.41x | $362.50 Million |
About 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 three-layer solid wood flooring, and multi-layer solid wood flooring.. Dare Power Dekor Home Co.,Ltd. was formerly known as Dare Technology Co., Ltd. and changed its name to Dare Power Dekor Home Co.,L… Read more