Zhejiang Dilong New Material Co Ltd
Zhejiang Juli Culture Development Co.,Ltd. engages in the research and development, design, production, and sale of decorative surface materials in China and internationally. It provides decorative and impregnated film paper; high-performance decorative boards; and PVC decorative color films, including PVC furniture and floor films under the Dilong brand name. Zhejiang Juli Culture Development Co… Read more
Zhejiang Dilong New Material Co Ltd (002247) - Net Assets
Latest net assets as of September 2025: CN¥669.17 Million CNY
Based on the latest financial reports, Zhejiang Dilong New Material Co Ltd (002247) has net assets worth CN¥669.17 Million 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¥950.52 Million) and total liabilities (CN¥281.35 Million). 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¥669.17 Million |
| % of Total Assets | 70.4% |
| Annual Growth Rate | 13.18% |
| 5-Year Change | 2.98% |
| 10-Year Change | -42.08% |
| Growth Volatility | 89.8 |
Zhejiang Dilong New Material Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Zhejiang Dilong New Material 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 Zhejiang Dilong New Material Co Ltd (2005–2024)
The table below shows the annual net assets of Zhejiang Dilong New Material Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥625.50 Million | +54.25% |
| 2023-12-31 | CN¥405.52 Million | -45.27% |
| 2022-12-31 | CN¥740.92 Million | +7.68% |
| 2021-12-31 | CN¥688.05 Million | +13.28% |
| 2020-12-31 | CN¥607.38 Million | +38.93% |
| 2019-12-31 | CN¥437.19 Million | -72.49% |
| 2018-12-31 | CN¥1.59 Billion | -65.79% |
| 2017-12-31 | CN¥4.65 Billion | +4.25% |
| 2016-12-31 | CN¥4.46 Billion | +312.66% |
| 2015-12-31 | CN¥1.08 Billion | +7.31% |
| 2014-12-31 | CN¥1.01 Billion | +10.03% |
| 2013-12-31 | CN¥914.58 Million | +72.07% |
| 2012-12-31 | CN¥531.52 Million | +10.10% |
| 2011-12-31 | CN¥482.75 Million | +5.80% |
| 2010-12-31 | CN¥456.29 Million | +6.29% |
| 2009-12-31 | CN¥429.31 Million | +8.51% |
| 2008-12-31 | CN¥395.65 Million | +234.03% |
| 2007-12-31 | CN¥118.45 Million | +42.08% |
| 2006-12-31 | CN¥83.37 Million | +40.05% |
| 2005-12-31 | CN¥59.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Dilong New Material 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 9914.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥850.87 Million | 136.52% |
| Other Components | CN¥3.08 Billion | 494.41% |
| Total Equity | CN¥623.27 Million | 100.00% |
Zhejiang Dilong New Material Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Dilong New Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Docebo Inc
NASDAQ:DCBO
|
$245.55 Million |
|
Villeroy und Boch AG Pfd.
LSE:0OPA
|
$245.56 Million |
|
Banco Patagonia
BA:BPAT
|
$245.57 Million |
|
Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066
|
$245.59 Million |
|
WAAREE RENEWABLE TECHNOLOGIES LTD
NSE:WAAREERTL
|
$245.45 Million |
|
EH3
F:EH3
|
$245.45 Million |
|
Egis Technology
TWO:6462
|
$245.37 Million |
|
Candel Therapeutics Inc
NASDAQ:CADL
|
$245.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Dilong New Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 405,271,009 to 623,272,335, a change of 218,001,326 (53.8%).
- Net income of 218,001,325 contributed positively to equity growth.
- Dividend payments of 10,694 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥218.00 Million | +34.98% |
| Dividends Paid | CN¥10.69K | -0.0% |
| Other Changes | CN¥10.70K | +0.0% |
| Total Change | CN¥- | 53.79% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Dilong New Material 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: 4.15x
- 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 6.15x to 4.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.49 | CN¥3.04 | x |
| 2006-12-31 | CN¥0.70 | CN¥3.04 | x |
| 2007-12-31 | CN¥0.41 | CN¥3.04 | x |
| 2008-12-31 | CN¥1.12 | CN¥3.04 | x |
| 2009-12-31 | CN¥1.06 | CN¥3.04 | x |
| 2010-12-31 | CN¥1.14 | CN¥3.04 | x |
| 2011-12-31 | CN¥1.17 | CN¥3.04 | x |
| 2012-12-31 | CN¥1.29 | CN¥3.04 | x |
| 2013-12-31 | CN¥1.77 | CN¥3.04 | x |
| 2014-12-31 | CN¥1.89 | CN¥3.04 | x |
| 2015-12-31 | CN¥1.98 | CN¥3.04 | x |
| 2016-12-31 | CN¥6.23 | CN¥3.04 | x |
| 2017-12-31 | CN¥5.51 | CN¥3.04 | x |
| 2018-12-31 | CN¥1.87 | CN¥3.04 | x |
| 2019-12-31 | CN¥0.52 | CN¥3.04 | x |
| 2020-12-31 | CN¥0.71 | CN¥3.04 | x |
| 2021-12-31 | CN¥0.81 | CN¥3.04 | x |
| 2022-12-31 | CN¥0.87 | CN¥3.04 | x |
| 2023-12-31 | CN¥0.47 | CN¥3.04 | x |
| 2024-12-31 | CN¥0.73 | CN¥3.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Dilong New Material 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): 34.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.96%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.49x
- Recent ROE (34.98%) is above the historical average (-15.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 31.35% | 14.06% | 1.14x | 1.95x | CN¥12.71 Million |
| 2006 | 28.22% | 14.68% | 1.01x | 1.91x | CN¥15.19 Million |
| 2007 | 32.85% | 19.71% | 1.05x | 1.58x | CN¥27.07 Million |
| 2008 | 6.39% | 11.69% | 0.45x | 1.21x | CN¥-14.29 Million |
| 2009 | 9.19% | 16.27% | 0.46x | 1.24x | CN¥-3.45 Million |
| 2010 | 8.77% | 10.87% | 0.67x | 1.20x | CN¥-5.61 Million |
| 2011 | 8.74% | 8.50% | 0.77x | 1.33x | CN¥-5.86 Million |
| 2012 | 11.26% | 9.34% | 0.88x | 1.37x | CN¥6.43 Million |
| 2013 | 9.05% | 10.81% | 0.67x | 1.25x | CN¥-8.52 Million |
| 2014 | 10.03% | 11.42% | 0.70x | 1.25x | CN¥321.63K |
| 2015 | 8.09% | 9.58% | 0.67x | 1.26x | CN¥-20.23 Million |
| 2016 | 5.62% | 17.41% | 0.30x | 1.08x | CN¥-195.16 Million |
| 2017 | 5.81% | 10.52% | 0.46x | 1.21x | CN¥-194.85 Million |
| 2018 | -188.31% | -90.64% | 1.16x | 1.78x | CN¥-3.15 Billion |
| 2019 | -292.11% | -57.38% | 1.31x | 3.89x | CN¥-1.33 Billion |
| 2020 | 27.30% | 16.62% | 0.98x | 1.68x | CN¥105.05 Million |
| 2021 | 11.72% | 6.93% | 1.12x | 1.51x | CN¥11.86 Million |
| 2022 | 7.14% | 5.66% | 0.88x | 1.43x | CN¥-21.22 Million |
| 2023 | -82.82% | -35.46% | 0.82x | 2.85x | CN¥-376.18 Million |
| 2024 | 34.98% | 25.96% | 0.90x | 1.49x | CN¥155.67 Million |
Industry Comparison
This section compares Zhejiang Dilong New Material Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,967,149,242
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Dilong New Material Co Ltd (002247) | CN¥669.17 Million | 31.35% | 0.42x | $245.48 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $352.09 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.57 Billion | -0.72% | 0.99x | $204.74 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $21.44 Billion | 14.66% | 0.33x | $3.58 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.56 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $436.84 Million | 5.27% | 3.74x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $5.01 Billion | 8.48% | 1.12x | $113.50 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $250.45 Million |
| Everjoy Health Group Co Ltd (002162) | $479.30 Million | 13.65% | 1.19x | $267.02 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $923.77 Million | 5.63% | 0.58x | $237.09 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |