Dajin Heavy Industry Corp
Dajin Heavy Industry Co.,Ltd. develops, produces, and sells wind power equipment in China. The company offers single pile, transition section, tower, jacket, and floating foundation products. It is also involved in international shipping fleet; and new energy investment and development businesses. Dajin Heavy Industry Co.,Ltd. was founded in 2000 and is based in Beijing, China.
Dajin Heavy Industry Corp (002487) - Net Assets
Latest net assets as of September 2025: CN¥8.05 Billion CNY
Based on the latest financial reports, Dajin Heavy Industry Corp (002487) has net assets worth CN¥8.05 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¥14.23 Billion) and total liabilities (CN¥6.18 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¥8.05 Billion |
| % of Total Assets | 56.58% |
| Annual Growth Rate | 31.64% |
| 5-Year Change | 201.72% |
| 10-Year Change | 342.79% |
| Growth Volatility | 125.11 |
Dajin Heavy Industry Corp - Net Assets Trend (2007–2024)
This chart illustrates how Dajin Heavy Industry Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dajin Heavy Industry Corp (2007–2024)
The table below shows the annual net assets of Dajin Heavy Industry Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.27 Billion | +5.18% |
| 2023-12-31 | CN¥6.91 Billion | +6.26% |
| 2022-12-31 | CN¥6.51 Billion | +116.98% |
| 2021-12-31 | CN¥3.00 Billion | +24.43% |
| 2020-12-31 | CN¥2.41 Billion | +20.05% |
| 2019-12-31 | CN¥2.01 Billion | +10.67% |
| 2018-12-31 | CN¥1.81 Billion | +4.32% |
| 2017-12-31 | CN¥1.74 Billion | +2.12% |
| 2016-12-31 | CN¥1.70 Billion | +3.69% |
| 2015-12-31 | CN¥1.64 Billion | +5.73% |
| 2014-12-31 | CN¥1.55 Billion | +2.88% |
| 2013-12-31 | CN¥1.51 Billion | +1.96% |
| 2012-12-31 | CN¥1.48 Billion | +1.25% |
| 2011-12-31 | CN¥1.46 Billion | +3.76% |
| 2010-12-31 | CN¥1.41 Billion | +535.00% |
| 2009-12-31 | CN¥221.96 Million | +73.47% |
| 2008-12-31 | CN¥127.95 Million | +88.57% |
| 2007-12-31 | CN¥67.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dajin Heavy Industry Corp'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 6007.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.73 Billion | 37.55% |
| Common Stock | CN¥637.75 Million | 8.77% |
| Other Components | CN¥3.90 Billion | 53.68% |
| Total Equity | CN¥7.27 Billion | 100.00% |
Dajin Heavy Industry Corp Competitors by Market Cap
The table below lists competitors of Dajin Heavy Industry Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silgan Holdings Inc
NYSE:SLGN
|
$3.72 Billion |
|
Dolby Laboratories
NYSE:DLB
|
$3.72 Billion |
|
Amada Co. Ltd
OTCGREY:AMDLY
|
$3.72 Billion |
|
PBF Energy Inc
NYSE:PBF
|
$3.72 Billion |
|
Tongling Jingd
SHG:600577
|
$3.72 Billion |
|
ASM Pacific Technology Limited
F:AY7A
|
$3.72 Billion |
|
Mazda Motor Corporation
PINK:MZDAF
|
$3.71 Billion |
|
United Community Banks, Inc.
NASDAQ:UCB
|
$3.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dajin Heavy Industry Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,914,166,614 to 7,272,009,260, a change of 357,842,646 (5.2%).
- Net income of 473,874,870 contributed positively to equity growth.
- Dividend payments of 120,387,675 reduced retained earnings.
- Other comprehensive income decreased equity by 93,527,333.
- Other factors increased equity by 97,882,784.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥473.87 Million | +6.52% |
| Dividends Paid | CN¥120.39 Million | -1.66% |
| Other Comprehensive Income | CN¥-93.53 Million | -1.29% |
| Other Changes | CN¥97.88 Million | +1.35% |
| Total Change | CN¥- | 5.18% |
Book Value vs Market Value Analysis
This analysis compares Dajin Heavy Industry Corp'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: 6.32x
- 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 427.08x to 6.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.17 | CN¥71.72 | x |
| 2008-12-31 | CN¥0.32 | CN¥71.72 | x |
| 2009-12-31 | CN¥0.55 | CN¥71.72 | x |
| 2010-12-31 | CN¥3.21 | CN¥71.72 | x |
| 2011-12-31 | CN¥2.75 | CN¥71.72 | x |
| 2012-12-31 | CN¥2.59 | CN¥71.72 | x |
| 2013-12-31 | CN¥2.76 | CN¥71.72 | x |
| 2014-12-31 | CN¥2.96 | CN¥71.72 | x |
| 2015-12-31 | CN¥3.01 | CN¥71.72 | x |
| 2016-12-31 | CN¥3.10 | CN¥71.72 | x |
| 2017-12-31 | CN¥3.35 | CN¥71.72 | x |
| 2018-12-31 | CN¥3.27 | CN¥71.72 | x |
| 2019-12-31 | CN¥3.68 | CN¥71.72 | x |
| 2020-12-31 | CN¥4.39 | CN¥71.72 | x |
| 2021-12-31 | CN¥5.40 | CN¥71.72 | x |
| 2022-12-31 | CN¥11.71 | CN¥71.72 | x |
| 2023-12-31 | CN¥10.90 | CN¥71.72 | x |
| 2024-12-31 | CN¥11.36 | CN¥71.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dajin Heavy Industry Corp 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): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.54%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.59x
- Recent ROE (6.52%) is below the historical average (11.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 23.42% | 8.93% | 1.13x | 2.33x | CN¥9.11 Million |
| 2008 | 47.21% | 19.32% | 1.23x | 1.98x | CN¥47.61 Million |
| 2009 | 42.57% | 22.71% | 0.88x | 2.13x | CN¥72.28 Million |
| 2010 | 6.93% | 15.87% | 0.41x | 1.08x | CN¥-43.25 Million |
| 2011 | 3.64% | 12.28% | 0.28x | 1.04x | CN¥-92.97 Million |
| 2012 | 2.06% | 7.89% | 0.24x | 1.09x | CN¥-117.61 Million |
| 2013 | 2.42% | 10.33% | 0.18x | 1.28x | CN¥-114.52 Million |
| 2014 | 3.04% | 15.37% | 0.16x | 1.28x | CN¥-108.06 Million |
| 2015 | 5.64% | 11.64% | 0.33x | 1.47x | CN¥-71.56 Million |
| 2016 | 4.19% | 7.43% | 0.37x | 1.51x | CN¥-98.90 Million |
| 2017 | 2.39% | 4.06% | 0.37x | 1.58x | CN¥-132.40 Million |
| 2018 | 3.46% | 6.47% | 0.33x | 1.63x | CN¥-118.66 Million |
| 2019 | 8.75% | 10.41% | 0.46x | 1.84x | CN¥-25.13 Million |
| 2020 | 19.29% | 13.98% | 0.71x | 1.93x | CN¥224.01 Million |
| 2021 | 19.25% | 13.03% | 0.67x | 2.22x | CN¥277.51 Million |
| 2022 | 6.92% | 8.82% | 0.45x | 1.73x | CN¥-200.43 Million |
| 2023 | 6.15% | 9.83% | 0.42x | 1.48x | CN¥-266.26 Million |
| 2024 | 6.52% | 12.54% | 0.33x | 1.59x | CN¥-253.33 Million |
Industry Comparison
This section compares Dajin Heavy Industry Corp's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,215,551,963
- Average return on equity (ROE) among peers: 10.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dajin Heavy Industry Corp (002487) | CN¥8.05 Billion | 23.42% | 0.77x | $3.72 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |