Hengdian Group DMEGC Magnetics Co Ltd

SHE:002056 China Consumer Electronics
Market Cap
$5.25 Billion
CN¥38.54 Billion CNY
Market Cap Rank
#4541 Global
#484 in China
Share Price
CN¥23.69
Change (1 day)
-8.32%
52-Week Range
CN¥12.42 - CN¥25.84
All Time High
CN¥25.84
Categories
Companies in China Consumer Electronics Technology AI & Machine Learning
About

Hengdian Group DMEGC Magnetics Co. ,Ltd provides magnetic materials, components, PV solar products, and lithium-ion batteries in China and internationally. It offers hard ferrite products, including segment, ring, square, dry-pressed and special-shaped, microwave oven, and bonded magnets; soft ferrite products, such as MnZn power ferrite, MnZn high-µ ferrite, NiZn ferrite core, powder core, nanoc… Read more

Hengdian Group DMEGC Magnetics Co Ltd (002056) - Net Assets

Latest net assets as of September 2025: CN¥10.77 Billion CNY

Based on the latest financial reports, Hengdian Group DMEGC Magnetics Co Ltd (002056) has net assets worth CN¥10.77 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¥25.63 Billion) and total liabilities (CN¥14.86 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¥10.77 Billion
% of Total Assets 42.03%
Annual Growth Rate 17.82%
5-Year Change 70.03%
10-Year Change 189.98%
Growth Volatility 35.67

Hengdian Group DMEGC Magnetics Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Hengdian Group DMEGC Magnetics 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 Hengdian Group DMEGC Magnetics Co Ltd (2003–2024)

The table below shows the annual net assets of Hengdian Group DMEGC Magnetics Co Ltd from 2003 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.27 Billion +11.77%
2023-12-31 CN¥9.19 Billion +18.23%
2022-12-31 CN¥7.77 Billion +14.82%
2021-12-31 CN¥6.77 Billion +12.06%
2020-12-31 CN¥6.04 Billion +13.07%
2019-12-31 CN¥5.34 Billion +12.72%
2018-12-31 CN¥4.74 Billion +3.77%
2017-12-31 CN¥4.57 Billion +14.99%
2016-12-31 CN¥3.97 Billion +12.14%
2015-12-31 CN¥3.54 Billion +7.39%
2014-12-31 CN¥3.30 Billion +11.21%
2013-12-31 CN¥2.97 Billion +10.26%
2012-12-31 CN¥2.69 Billion -11.79%
2011-12-31 CN¥3.05 Billion +10.78%
2010-12-31 CN¥2.75 Billion +13.82%
2009-12-31 CN¥2.42 Billion +6.22%
2008-12-31 CN¥2.28 Billion +7.11%
2007-12-31 CN¥2.13 Billion +93.17%
2006-12-31 CN¥1.10 Billion +156.69%
2005-12-31 CN¥428.68 Million +25.49%
2004-12-31 CN¥341.61 Million +4.17%
2003-12-31 CN¥327.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hengdian Group DMEGC Magnetics 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 7851.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥7.82 Billion 77.61%
Common Stock CN¥1.63 Billion 16.13%
Other Comprehensive Income CN¥911.09 Million 9.04%
Total Equity CN¥10.08 Billion 100.00%

Hengdian Group DMEGC Magnetics Co Ltd Competitors by Market Cap

The table below lists competitors of Hengdian Group DMEGC Magnetics Co Ltd ranked by their market capitalization.

Company Market Cap
Digital China Group Co Ltd
SHE:000034
 		$2.35 Billion
Shenzhen Senior Technology Material Co Ltd
SHE:300568
 		$2.35 Billion
Lend Lease Group
PINK:LLESY
 		$2.35 Billion
B&M European Value Retail S.A
PINK:BMRPF
 		$2.35 Billion
Ingevity Corp
NYSE:NGVT
 		$2.35 Billion
Wendel
PINK:WNDLF
 		$2.35 Billion
Leyard Optoelectronic
SHE:300296
 		$2.35 Billion
China Gas Holdings Limited
PINK:CGHOF
 		$2.35 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hengdian Group DMEGC Magnetics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,005,606,288 to 10,081,922,239, a change of 1,076,315,951 (12.0%).
  • Net income of 1,826,773,606 contributed positively to equity growth.
  • Dividend payments of 647,511,463 reduced retained earnings.
  • Share repurchases of 280,763,236 reduced equity.
  • Other comprehensive income increased equity by 39,305,486.
  • Other factors increased equity by 138,511,558.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.83 Billion +18.12%
Dividends Paid CN¥647.51 Million -6.42%
Share Repurchases CN¥280.76 Million -2.78%
Other Comprehensive Income CN¥39.31 Million +0.39%
Other Changes CN¥138.51 Million +1.37%
Total Change CN¥- 11.95%

Book Value vs Market Value Analysis

This analysis compares Hengdian Group DMEGC Magnetics 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: 3.79x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 70.95x to 3.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥0.33 CN¥23.69 x
2004-12-31 CN¥0.35 CN¥23.69 x
2005-12-31 CN¥0.44 CN¥23.69 x
2006-12-31 CN¥0.94 CN¥23.69 x
2007-12-31 CN¥1.44 CN¥23.69 x
2008-12-31 CN¥1.37 CN¥23.69 x
2009-12-31 CN¥1.49 CN¥23.69 x
2010-12-31 CN¥1.67 CN¥23.69 x
2011-12-31 CN¥1.82 CN¥23.69 x
2012-12-31 CN¥1.60 CN¥23.69 x
2013-12-31 CN¥1.79 CN¥23.69 x
2014-12-31 CN¥2.01 CN¥23.69 x
2015-12-31 CN¥2.13 CN¥23.69 x
2016-12-31 CN¥2.43 CN¥23.69 x
2017-12-31 CN¥2.77 CN¥23.69 x
2018-12-31 CN¥2.88 CN¥23.69 x
2019-12-31 CN¥3.23 CN¥23.69 x
2020-12-31 CN¥3.70 CN¥23.69 x
2021-12-31 CN¥4.14 CN¥23.69 x
2022-12-31 CN¥4.78 CN¥23.69 x
2023-12-31 CN¥5.60 CN¥23.69 x
2024-12-31 CN¥6.26 CN¥23.69 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hengdian Group DMEGC Magnetics 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): 18.12%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.84%
  • • Asset Turnover: 0.77x
  • • Equity Multiplier: 2.40x
  • Recent ROE (18.12%) is above the historical average (12.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 16.97% 8.22% 0.80x 2.59x CN¥22.86 Million
2004 18.08% 7.12% 0.87x 2.92x CN¥27.43 Million
2005 20.55% 9.35% 0.82x 2.68x CN¥45.06 Million
2006 11.94% 10.23% 0.83x 1.40x CN¥21.24 Million
2007 8.36% 11.44% 0.62x 1.19x CN¥-34.82 Million
2008 6.58% 9.40% 0.60x 1.16x CN¥-77.69 Million
2009 6.73% 12.02% 0.49x 1.15x CN¥-79.02 Million
2010 13.20% 12.08% 0.80x 1.37x CN¥87.86 Million
2011 2.47% 2.13% 0.85x 1.36x CN¥-228.24 Million
2012 -8.26% -7.57% 0.69x 1.59x CN¥-487.34 Million
2013 9.48% 8.55% 0.74x 1.49x CN¥-15.35 Million
2014 11.57% 10.39% 0.77x 1.45x CN¥51.87 Million
2015 9.14% 8.16% 0.77x 1.45x CN¥-30.57 Million
2016 11.13% 9.37% 0.81x 1.47x CN¥44.71 Million
2017 13.34% 9.66% 0.96x 1.44x CN¥152.24 Million
2018 14.56% 10.62% 0.95x 1.44x CN¥215.76 Million
2019 12.99% 10.53% 0.77x 1.60x CN¥159.11 Million
2020 16.86% 12.50% 0.79x 1.70x CN¥412.36 Million
2021 16.65% 8.89% 0.96x 1.96x CN¥447.45 Million
2022 21.54% 8.58% 1.10x 2.27x CN¥894.25 Million
2023 20.19% 9.22% 0.93x 2.35x CN¥917.86 Million
2024 18.12% 9.84% 0.77x 2.40x CN¥818.58 Million

Industry Comparison

This section compares Hengdian Group DMEGC Magnetics Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

  • Industry: Consumer Electronics
  • Average net assets among peers: $2,318,220,424
  • Average return on equity (ROE) among peers: 3.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hengdian Group DMEGC Magnetics Co Ltd (002056) CN¥10.77 Billion 16.97% 1.38x $2.35 Billion
Konka Group Co Ltd (000016) $5.91 Billion -36.63% 5.07x $832.37 Million
Tianma Microelectronics Co Ltd (000050) $336.16 Million 6.55% 0.55x $1.50 Billion
Guangdong Goworld Co Ltd (000823) $1.59 Billion 6.78% 1.05x $820.66 Million
Soyea Technology Co Ltd (000909) $1.14 Billion -5.78% 1.16x $204.62 Million
Guangdong AVCiT Tech Hldg Co (001229) $332.60 Million 29.11% 0.18x $166.00 Million
Emdoor Information Co. Ltd. A (001314) $183.39 Million 3.34% 1.39x $350.02 Million
Guoguang Electric Co Ltd (002045) $3.95 Billion 9.13% 0.77x $724.82 Million
Shenzhen Auto Electric Power Plant Co Ltd (002227) $1.00 Billion -5.27% 0.61x $154.92 Million
Goertek Inc (002241) $6.42 Billion 20.36% 0.96x $8.02 Billion