Dalian Huarui Heavy Industry Group Co Ltd (002204) - Net Assets

Latest as of September 2025: CN¥7.75 Billion CNY ≈ $1.13 Billion USD

Based on the latest financial reports, Dalian Huarui Heavy Industry Group Co Ltd (002204) has net assets worth CN¥7.75 Billion CNY (≈ $1.13 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¥26.68 Billion ≈ $3.90 Billion USD) and total liabilities (CN¥18.93 Billion ≈ $2.77 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 financial resilience of Dalian Huarui Heavy Industry Group Co Lt to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥7.75 Billion
% of Total Assets 29.04%
Annual Growth Rate 26.96%
5-Year Change 12.21%
10-Year Change 12.23%
Growth Volatility 95.17

Dalian Huarui Heavy Industry Group Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Dalian Huarui Heavy Industry Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002204 asset base for the complete picture of this company's asset base.

Annual Net Assets for Dalian Huarui Heavy Industry Group Co Ltd (2004–2024)

The table below shows the annual net assets of Dalian Huarui Heavy Industry Group Co Ltd from 2004 to 2024. For live valuation and market cap data, see Dalian Huarui Heavy Industry Group Co Lt (002204) market capitalisation.

Year Net Assets Change
2024-12-31 CN¥7.33 Billion
≈ $1.07 Billion		 +5.02%
2023-12-31 CN¥6.98 Billion
≈ $1.02 Billion		 +4.66%
2022-12-31 CN¥6.67 Billion
≈ $975.72 Million		 +2.99%
2021-12-31 CN¥6.47 Billion
≈ $947.43 Million		 -0.87%
2020-12-31 CN¥6.53 Billion
≈ $955.74 Million		 -1.13%
2019-12-31 CN¥6.61 Billion
≈ $966.71 Million		 +0.90%
2018-12-31 CN¥6.55 Billion
≈ $958.05 Million		 -0.27%
2017-12-31 CN¥6.57 Billion
≈ $960.69 Million		 +0.26%
2016-12-31 CN¥6.55 Billion
≈ $958.18 Million		 +0.27%
2015-12-31 CN¥6.53 Billion
≈ $955.61 Million		 +0.27%
2014-12-31 CN¥6.51 Billion
≈ $953.04 Million		 -0.50%
2013-12-31 CN¥6.55 Billion
≈ $957.85 Million		 +4.61%
2012-12-31 CN¥6.26 Billion
≈ $915.66 Million		 +4.76%
2011-12-31 CN¥5.97 Billion
≈ $874.02 Million		 +387.26%
2010-12-31 CN¥1.23 Billion
≈ $179.37 Million		 +16.33%
2009-12-31 CN¥1.05 Billion
≈ $154.20 Million		 +12.70%
2008-12-31 CN¥935.00 Million
≈ $136.82 Million		 +229.39%
2007-12-31 CN¥283.86 Million
≈ $41.54 Million		 +103.14%
2006-12-31 CN¥139.74 Million
≈ $20.45 Million		 +60.41%
2005-12-31 CN¥87.12 Million
≈ $12.75 Million		 +40.79%
2004-12-31 CN¥61.87 Million
≈ $9.05 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Dalian Huarui Heavy Industry Group 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 27437.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.94 Billion 40.09%
Common Stock CN¥1.93 Billion 26.35%
Other Components CN¥2.46 Billion 33.56%
Total Equity CN¥7.33 Billion 100.00%

Dalian Huarui Heavy Industry Group Co Ltd Competitors by Market Cap

The table below lists competitors of Dalian Huarui Heavy Industry Group Co Ltd ranked by their market capitalization.

Company Market Cap
CECO Environmental Corp.
NASDAQ:CECO
 $1.94 Billion
Xiamen ITG Group Corp Ltd
SHG:600755
 $1.94 Billion
Bukit Asam Tbk PT
JK:PTBA
 $1.94 Billion
Stewart Information Services Corp
NYSE:STC
 $1.94 Billion
Parex Resources Inc
TO:PXT
 $1.94 Billion
MCC Meili Paper Industry Co Ltd
SHE:000815
 $1.94 Billion
G2 Goldfields Inc.
TO:GTWO
 $1.93 Billion
Sanbo Hospital Management Group Ltd. A
SHE:301293
 $1.93 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dalian Huarui Heavy Industry Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,978,281,153 to 7,328,856,634, a change of 350,575,481 (5.0%).
  • Net income of 497,874,358 contributed positively to equity growth.
  • Dividend payments of 107,833,399 reduced retained earnings.
  • Share repurchases of 84,618,062 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥497.87 Million +6.79%
Dividends Paid CN¥107.83 Million -1.47%
Share Repurchases CN¥84.62 Million -1.15%
Other Changes CN¥45.15 Million +0.62%
Total Change CN¥- 5.02%

Book Value vs Market Value Analysis

This analysis compares Dalian Huarui Heavy Industry Group 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: 1.80x
  • 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 23.34x to 1.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.29 CN¥6.85 x
2005-12-31 CN¥0.41 CN¥6.85 x
2006-12-31 CN¥0.62 CN¥6.85 x
2007-12-31 CN¥0.41 CN¥6.85 x
2008-12-31 CN¥1.00 CN¥6.85 x
2009-12-31 CN¥1.09 CN¥6.85 x
2010-12-31 CN¥0.60 CN¥6.85 x
2011-12-31 CN¥3.06 CN¥6.85 x
2012-12-31 CN¥3.20 CN¥6.85 x
2013-12-31 CN¥3.41 CN¥6.85 x
2014-12-31 CN¥2.96 CN¥6.85 x
2015-12-31 CN¥2.99 CN¥6.85 x
2016-12-31 CN¥3.40 CN¥6.85 x
2017-12-31 CN¥2.61 CN¥6.85 x
2018-12-31 CN¥4.28 CN¥6.85 x
2019-12-31 CN¥3.45 CN¥6.85 x
2020-12-31 CN¥3.42 CN¥6.85 x
2021-12-31 CN¥3.40 CN¥6.85 x
2022-12-31 CN¥3.45 CN¥6.85 x
2023-12-31 CN¥3.61 CN¥6.85 x
2024-12-31 CN¥3.81 CN¥6.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dalian Huarui Heavy Industry Group 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): 6.79%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.49%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 3.59x
  • Recent ROE (6.79%) 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
2004 18.17% 4.27% 0.89x 4.78x CN¥5.06 Million
2005 28.97% 6.50% 1.38x 3.22x CN¥16.52 Million
2006 37.39% 10.08% 0.99x 3.75x CN¥38.28 Million
2007 27.37% 11.32% 0.95x 2.55x CN¥49.30 Million
2008 13.81% 14.93% 0.43x 2.16x CN¥35.60 Million
2009 14.68% 11.14% 0.59x 2.24x CN¥49.33 Million
2010 77.46% 6.75% 4.65x 2.47x CN¥786.21 Million
2011 15.38% 7.28% 0.55x 3.84x CN¥318.48 Million
2012 5.93% 3.66% 0.50x 3.24x CN¥-253.10 Million
2013 5.28% 3.90% 0.47x 2.89x CN¥-307.59 Million
2014 0.34% 0.27% 0.44x 2.87x CN¥-628.45 Million
2015 0.33% 0.31% 0.42x 2.62x CN¥-631.87 Million
2016 0.42% 0.42% 0.39x 2.49x CN¥-630.01 Million
2017 0.38% 0.39% 0.42x 2.31x CN¥-634.35 Million
2018 0.23% 0.23% 0.42x 2.35x CN¥-643.77 Million
2019 0.74% 0.69% 0.43x 2.52x CN¥-616.89 Million
2020 0.73% 0.59% 0.48x 2.57x CN¥-611.91 Million
2021 1.76% 1.27% 0.46x 3.01x CN¥-540.69 Million
2022 4.32% 2.78% 0.48x 3.25x CN¥-378.61 Million
2023 5.20% 3.03% 0.49x 3.48x CN¥-334.72 Million
2024 6.79% 3.49% 0.54x 3.59x CN¥-235.01 Million

Industry Comparison

This section compares Dalian Huarui Heavy Industry Group Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,004,947,424
  • Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Dalian Huarui Heavy Industry Group Co Ltd (002204) CN¥7.75 Billion 18.17% 2.44x $1.94 Billion
Huayi Compressor Co Ltd (000404) $4.89 Billion 8.55% 1.57x $843.29 Million
Shenyang Machine Tool Co Ltd (000410) $824.03 Million -170.30% 29.09x $2.39 Billion
North Industries Group Red Arrow Co Ltd (000519) $319.51 Million 4.81% 0.48x $3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $3.45 Billion 2.58% 0.60x $520.37 Million
Changchai Co Ltd (000570) $3.36 Billion 2.28% 0.55x $522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $327.45 Million -65.69% 8.93x $32.29 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777) $280.92 Million 8.98% 0.50x $1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821) $2.30 Billion -22.46% 1.14x $938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.55 Billion 0.54% 0.80x $1.66 Billion

About Dalian Huarui Heavy Industry Group Co Ltd

SHE:002204 China Specialty Industrial Machinery
Market Cap
$1.94 Billion
CN¥13.23 Billion CNY
Market Cap Rank
#6401 Global
#1433 in China
Share Price
CN¥6.85
Change (1 day)
-0.29%
52-Week Range
CN¥5.53 - CN¥8.13
All Time High
CN¥9.40
Categories
Companies in China Specialty Industrial Machinery
About

Dalian Huarui Heavy Industry Group Co., LTD. manufactures, sells, and services technical equipment primarily in China. The company offers coke oven machinery, metallurgical vehicles, continuous caster, and metallurgical crane; bridge crane, and gantry crane; boom-type, scraper, and other types of stackers and reclaimer; car dumper unloading system, and spreader and crushing station; port machiner… Read more