Zhe Jiang Dali Technology Co Ltd (002214) - Net Assets
Based on the latest financial reports, Zhe Jiang Dali Technology Co Ltd (002214) has net assets worth CN¥1.39 Billion CNY (≈ $203.15 Million 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¥2.11 Billion ≈ $309.46 Million USD) and total liabilities (CN¥726.47 Million ≈ $106.31 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 002214 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.39 Billion |
| % of Total Assets | 65.65% |
| Annual Growth Rate | 17.19% |
| 5-Year Change | 4.36% |
| 10-Year Change | 58.2% |
| Growth Volatility | 35.88 |
Zhe Jiang Dali Technology Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Zhe Jiang Dali Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhe Jiang Dali Technology Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Zhe Jiang Dali Technology Co Ltd (2004–2024)
The table below shows the annual net assets of Zhe Jiang Dali Technology Co Ltd from 2004 to 2024. For live valuation and market cap data, see how much is Zhe Jiang Dali Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.51 Billion ≈ $221.38 Million |
-22.84% |
| 2023-12-31 | CN¥1.96 Billion ≈ $286.93 Million |
-15.09% |
| 2022-12-31 | CN¥2.31 Billion ≈ $337.93 Million |
-8.95% |
| 2021-12-31 | CN¥2.54 Billion ≈ $371.14 Million |
+74.96% |
| 2020-12-31 | CN¥1.45 Billion ≈ $212.13 Million |
+25.76% |
| 2019-12-31 | CN¥1.15 Billion ≈ $168.69 Million |
+10.74% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.32 Million |
+4.49% |
| 2017-12-31 | CN¥996.23 Million ≈ $145.78 Million |
+1.90% |
| 2016-12-31 | CN¥977.68 Million ≈ $143.07 Million |
+2.24% |
| 2015-12-31 | CN¥956.30 Million ≈ $139.94 Million |
+2.22% |
| 2014-12-31 | CN¥935.56 Million ≈ $136.90 Million |
+93.78% |
| 2013-12-31 | CN¥482.79 Million ≈ $70.65 Million |
+5.55% |
| 2012-12-31 | CN¥457.42 Million ≈ $66.93 Million |
+5.42% |
| 2011-12-31 | CN¥433.89 Million ≈ $63.49 Million |
+5.07% |
| 2010-12-31 | CN¥412.95 Million ≈ $60.43 Million |
+11.73% |
| 2009-12-31 | CN¥369.59 Million ≈ $54.08 Million |
+10.56% |
| 2008-12-31 | CN¥334.29 Million ≈ $48.92 Million |
+123.83% |
| 2007-12-31 | CN¥149.35 Million ≈ $21.85 Million |
+30.28% |
| 2006-12-31 | CN¥114.63 Million ≈ $16.77 Million |
+34.24% |
| 2005-12-31 | CN¥85.39 Million ≈ $12.50 Million |
+34.75% |
| 2004-12-31 | CN¥63.37 Million ≈ $9.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhe Jiang Dali 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 decreased by 621.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥599.24 Million | 39.01% |
| Other Comprehensive Income | CN¥138.21 Million | 9.00% |
| Other Components | CN¥876.39 Million | 57.05% |
| Total Equity | CN¥1.54 Billion | 100.00% |
Zhe Jiang Dali Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Zhe Jiang Dali Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEML Limited
NSE:BEML
|
$1.63 Billion |
|
FRIEDR.VORW.GRP. ADR/025
F:VH20
|
$1.63 Billion |
|
Beijing Gehua CATV Network Co Ltd
SHG:600037
|
$1.63 Billion |
|
Chengdu CORPRO Technology Co Ltd
SHE:300101
|
$1.63 Billion |
|
Qingdao Gaoce Technology Co Ltd
SHG:688556
|
$1.63 Billion |
|
Zen Technologies Limited
NSE:ZENTEC
|
$1.63 Billion |
|
Gudeng Precision Industrial Co Ltd
TWO:3680
|
$1.62 Billion |
|
Montana Aerospace AG
SW:AERO
|
$1.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhe Jiang Dali Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,966,754,762 to 1,536,125,174, a change of -430,629,588 (-21.9%).
- Net loss of 384,046,350 reduced equity.
- Dividend payments of 39,584,977 reduced retained earnings.
- Share repurchases of 20,023,281 reduced equity.
- Other comprehensive income increased equity by 138,214,686.
- Other factors decreased equity by 125,189,666.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-384.05 Million | -25.0% |
| Dividends Paid | CN¥39.58 Million | -2.58% |
| Share Repurchases | CN¥20.02 Million | -1.3% |
| Other Comprehensive Income | CN¥138.21 Million | +9.0% |
| Other Changes | CN¥-125.19 Million | -8.15% |
| Total Change | CN¥- | -21.90% |
Book Value vs Market Value Analysis
This analysis compares Zhe Jiang Dali 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: 7.14x
- 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 35.72x to 7.14x 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¥0.52 | CN¥18.57 | x |
| 2005-12-31 | CN¥0.30 | CN¥18.57 | x |
| 2006-12-31 | CN¥0.32 | CN¥18.57 | x |
| 2007-12-31 | CN¥0.41 | CN¥18.57 | x |
| 2008-12-31 | CN¥0.71 | CN¥18.57 | x |
| 2009-12-31 | CN¥0.76 | CN¥18.57 | x |
| 2010-12-31 | CN¥0.85 | CN¥18.57 | x |
| 2011-12-31 | CN¥0.91 | CN¥18.57 | x |
| 2012-12-31 | CN¥0.97 | CN¥18.57 | x |
| 2013-12-31 | CN¥1.01 | CN¥18.57 | x |
| 2014-12-31 | CN¥1.69 | CN¥18.57 | x |
| 2015-12-31 | CN¥1.72 | CN¥18.57 | x |
| 2016-12-31 | CN¥1.72 | CN¥18.57 | x |
| 2017-12-31 | CN¥1.93 | CN¥18.57 | x |
| 2018-12-31 | CN¥1.89 | CN¥18.57 | x |
| 2019-12-31 | CN¥2.12 | CN¥18.57 | x |
| 2020-12-31 | CN¥2.61 | CN¥18.57 | x |
| 2021-12-31 | CN¥4.24 | CN¥18.57 | x |
| 2022-12-31 | CN¥3.89 | CN¥18.57 | x |
| 2023-12-31 | CN¥3.30 | CN¥18.57 | x |
| 2024-12-31 | CN¥2.60 | CN¥18.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhe Jiang Dali 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): -25.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -139.74%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.44x
- Recent ROE (-25.00%) is below the historical average (8.46%), 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 | 30.06% | 29.60% | 0.36x | 2.81x | CN¥12.71 Million |
| 2005 | 24.21% | 19.34% | 0.46x | 2.70x | CN¥12.13 Million |
| 2006 | 20.05% | 15.09% | 0.62x | 2.14x | CN¥11.53 Million |
| 2007 | 25.34% | 20.84% | 0.63x | 1.92x | CN¥22.90 Million |
| 2008 | 11.71% | 18.20% | 0.42x | 1.54x | CN¥5.72 Million |
| 2009 | 12.26% | 21.15% | 0.38x | 1.51x | CN¥8.34 Million |
| 2010 | 12.92% | 20.65% | 0.43x | 1.45x | CN¥12.06 Million |
| 2011 | 7.13% | 13.41% | 0.34x | 1.55x | CN¥-12.45 Million |
| 2012 | 7.33% | 12.32% | 0.39x | 1.54x | CN¥-12.21 Million |
| 2013 | 7.04% | 12.95% | 0.33x | 1.63x | CN¥-14.26 Million |
| 2014 | 5.44% | 14.02% | 0.28x | 1.36x | CN¥-42.62 Million |
| 2015 | 3.40% | 10.04% | 0.23x | 1.49x | CN¥-63.06 Million |
| 2016 | 3.39% | 9.75% | 0.27x | 1.28x | CN¥-64.56 Million |
| 2017 | 3.03% | 10.00% | 0.21x | 1.43x | CN¥-69.38 Million |
| 2018 | 5.28% | 12.96% | 0.29x | 1.40x | CN¥-49.01 Million |
| 2019 | 11.81% | 25.60% | 0.34x | 1.36x | CN¥20.77 Million |
| 2020 | 27.23% | 35.81% | 0.59x | 1.29x | CN¥247.05 Million |
| 2021 | 6.78% | 21.25% | 0.28x | 1.13x | CN¥-81.29 Million |
| 2022 | -6.89% | -39.76% | 0.14x | 1.20x | CN¥-390.48 Million |
| 2023 | -14.86% | -114.82% | 0.10x | 1.26x | CN¥-488.95 Million |
| 2024 | -25.00% | -139.74% | 0.12x | 1.44x | CN¥-537.66 Million |
Industry Comparison
This section compares Zhe Jiang Dali Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhe Jiang Dali Technology Co Ltd (002214) | CN¥1.39 Billion | 30.06% | 0.52x | $1.63 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Zhe Jiang Dali Technology Co Ltd
Zhe Jiang Dali Technology Co.,Ltd engages in the research and development, production, and sales of uncooled focal plane detectors, infrared thermal imaging cameras, and infrared thermal imaging systems in the People's Republic of China. The company offers uncooled focal plane detectors, thermal imaging imager, handheld thermal imager, infrared telescopes, online temperature measurement thermal i… Read more