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

Latest as of September 2025: CN¥10.77 Billion CNY ≈ $1.58 Billion USD

Based on the latest financial reports, Hengdian Group DMEGC Magnetics Co Ltd (002056) has net assets worth CN¥10.77 Billion CNY (≈ $1.58 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¥25.63 Billion ≈ $3.75 Billion USD) and total liabilities (CN¥14.86 Billion ≈ $2.17 Billion 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 Hengdian Group DMEGC Magnetics Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Hengdian Group DMEGC Magnetics Co Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Hengdian Group DMEGC Magnetics Co Ltd (002056) total market value.

Year	Net Assets	Change
2024-12-31	CN¥10.27 Billion ≈ $1.50 Billion	+11.77%
2023-12-31	CN¥9.19 Billion ≈ $1.34 Billion	+18.23%
2022-12-31	CN¥7.77 Billion ≈ $1.14 Billion	+14.82%
2021-12-31	CN¥6.77 Billion ≈ $990.45 Million	+12.06%
2020-12-31	CN¥6.04 Billion ≈ $883.87 Million	+13.07%
2019-12-31	CN¥5.34 Billion ≈ $781.71 Million	+12.72%
2018-12-31	CN¥4.74 Billion ≈ $693.48 Million	+3.77%
2017-12-31	CN¥4.57 Billion ≈ $668.28 Million	+14.99%
2016-12-31	CN¥3.97 Billion ≈ $581.17 Million	+12.14%
2015-12-31	CN¥3.54 Billion ≈ $518.25 Million	+7.39%
2014-12-31	CN¥3.30 Billion ≈ $482.60 Million	+11.21%
2013-12-31	CN¥2.97 Billion ≈ $433.95 Million	+10.26%
2012-12-31	CN¥2.69 Billion ≈ $393.58 Million	-11.79%
2011-12-31	CN¥3.05 Billion ≈ $446.21 Million	+10.78%
2010-12-31	CN¥2.75 Billion ≈ $402.77 Million	+13.82%
2009-12-31	CN¥2.42 Billion ≈ $353.87 Million	+6.22%
2008-12-31	CN¥2.28 Billion ≈ $333.15 Million	+7.11%
2007-12-31	CN¥2.13 Billion ≈ $311.03 Million	+93.17%
2006-12-31	CN¥1.10 Billion ≈ $161.02 Million	+156.69%
2005-12-31	CN¥428.68 Million ≈ $62.73 Million	+25.49%
2004-12-31	CN¥341.61 Million ≈ $49.99 Million	+4.17%
2003-12-31	CN¥327.94 Million ≈ $47.99 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
Humanwell Healthcare Group Co Ltd SHG:600079	$4.51 Billion
BURBERRY GROUP ADR/ F:BB2A	$4.51 Billion
T&S Communications Co Ltd SHE:300570	$4.52 Billion
Balkrishna Industries Limited NSE:BALKRISIND	$4.52 Billion
Tamarack Valley Energy Ltd TO:TVE	$4.51 Billion
Indorama Ventures PCL BK:IVL	$4.51 Billion
Fuyao Glass Industry Group Co. Ltd F:4FG	$4.50 Billion
Vail Resorts Inc NYSE:MTN	$4.50 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: 3.03x
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 56.73x to 3.03x 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¥18.94	x
2004-12-31	CN¥0.35	CN¥18.94	x
2005-12-31	CN¥0.44	CN¥18.94	x
2006-12-31	CN¥0.94	CN¥18.94	x
2007-12-31	CN¥1.44	CN¥18.94	x
2008-12-31	CN¥1.37	CN¥18.94	x
2009-12-31	CN¥1.49	CN¥18.94	x
2010-12-31	CN¥1.67	CN¥18.94	x
2011-12-31	CN¥1.82	CN¥18.94	x
2012-12-31	CN¥1.60	CN¥18.94	x
2013-12-31	CN¥1.79	CN¥18.94	x
2014-12-31	CN¥2.01	CN¥18.94	x
2015-12-31	CN¥2.13	CN¥18.94	x
2016-12-31	CN¥2.43	CN¥18.94	x
2017-12-31	CN¥2.77	CN¥18.94	x
2018-12-31	CN¥2.88	CN¥18.94	x
2019-12-31	CN¥3.23	CN¥18.94	x
2020-12-31	CN¥3.70	CN¥18.94	x
2021-12-31	CN¥4.14	CN¥18.94	x
2022-12-31	CN¥4.78	CN¥18.94	x
2023-12-31	CN¥5.60	CN¥18.94	x
2024-12-31	CN¥6.26	CN¥18.94	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: $2,881,953,155
Average return on equity (ROE) among peers: 4.91%

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	$4.51 Billion
Konka Group Co Ltd (000016)	$3.29 Billion	3.02%	1.93x	$756.97 Million
Tianma Microelectronics Co Ltd (000050)	$13.76 Billion	4.14%	0.58x	$2.74 Billion
Guangdong Goworld Co Ltd (000823)	$1.01 Billion	4.02%	1.24x	$1.17 Billion
Soyea Technology Co Ltd (000909)	$1.98 Billion	4.97%	1.20x	$298.48 Million
Guoguang Electric Co Ltd (002045)	$650.56 Million	7.89%	0.74x	$928.45 Million
Shenzhen Auto Electric Power Plant Co Ltd (002227)	$1.14 Billion	-2.98%	0.48x	$318.38 Million
Goertek Inc (002241)	$874.59 Million	14.02%	0.63x	$12.71 Billion
Edifier Technology Co Ltd (002351)	$1.57 Billion	6.28%	0.09x	$1.45 Billion
Guangzhou Echom Sci&Tech Co Ltd (002420)	$1.66 Billion	2.84%	1.44x	$440.55 Million

About Hengdian Group DMEGC Magnetics Co Ltd

SHE:002056 China Consumer Electronics

Market Cap

$4.51 Billion

CN¥30.81 Billion CNY

Market Cap Rank

#3844 Global

#629 in China

Share Price

CN¥18.94

Change (1 day)

-1.15%

52-Week Range

CN¥12.81 - CN¥25.84

All Time High

CN¥25.84