Anhui Deli Household Glass Co Ltd (002571) - Net Assets
Based on the latest financial reports, Anhui Deli Household Glass Co Ltd (002571) has net assets worth CN¥1.00 Billion CNY (≈ $146.68 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¥3.08 Billion ≈ $450.22 Million USD) and total liabilities (CN¥2.07 Billion ≈ $303.54 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 Anhui Deli Household Glass Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.00 Billion |
| % of Total Assets | 32.58% |
| Annual Growth Rate | 16.41% |
| 5-Year Change | -26.22% |
| 10-Year Change | -28.7% |
| Growth Volatility | 60.65 |
Anhui Deli Household Glass Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Anhui Deli Household Glass Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Anhui Deli Household Glass Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Anhui Deli Household Glass Co Ltd (2007–2024)
The table below shows the annual net assets of Anhui Deli Household Glass Co Ltd from 2007 to 2024. For live valuation and market cap data, see 002571 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion ≈ $158.60 Million |
-11.58% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.36 Million |
-8.66% |
| 2022-12-31 | CN¥1.34 Billion ≈ $196.37 Million |
-8.53% |
| 2021-12-31 | CN¥1.47 Billion ≈ $214.69 Million |
-0.13% |
| 2020-12-31 | CN¥1.47 Billion ≈ $214.96 Million |
+0.11% |
| 2019-12-31 | CN¥1.47 Billion ≈ $214.72 Million |
+4.16% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.14 Million |
-8.01% |
| 2017-12-31 | CN¥1.53 Billion ≈ $224.08 Million |
+4.23% |
| 2016-12-31 | CN¥1.47 Billion ≈ $214.99 Million |
-3.35% |
| 2015-12-31 | CN¥1.52 Billion ≈ $222.44 Million |
-3.92% |
| 2014-12-31 | CN¥1.58 Billion ≈ $231.51 Million |
+0.61% |
| 2013-12-31 | CN¥1.57 Billion ≈ $230.10 Million |
+59.62% |
| 2012-12-31 | CN¥985.16 Million ≈ $144.16 Million |
+9.25% |
| 2011-12-31 | CN¥901.74 Million ≈ $131.95 Million |
+248.89% |
| 2010-12-31 | CN¥258.46 Million ≈ $37.82 Million |
+30.31% |
| 2009-12-31 | CN¥198.34 Million ≈ $29.02 Million |
+53.73% |
| 2008-12-31 | CN¥129.02 Million ≈ $18.88 Million |
+57.73% |
| 2007-12-31 | CN¥81.80 Million ≈ $11.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Deli Household Glass 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 1151.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥391.95 Million | 36.61% |
| Other Comprehensive Income | CN¥57.48 Million | 5.37% |
| Other Components | CN¥898.76 Million | 83.94% |
| Total Equity | CN¥1.07 Billion | 100.00% |
Anhui Deli Household Glass Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Deli Household Glass Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Drugs Made In America Acquisition II Corp. Ordinary Shares
NASDAQ:DMII
|
$655.09 Million |
|
Core Laboratories NV
NYSE:CLB
|
$655.15 Million |
|
Kangxin New Materials Co Ltd
SHG:600076
|
$655.17 Million |
|
Shenzhen TXD Technology Co Ltd
SHE:002845
|
$655.22 Million |
|
PetroVietnam Drilling & Well Service Corp
VN:PVD
|
$654.72 Million |
|
Abacus Group
AU:ABG
|
$654.45 Million |
|
Jiangsu Huachen Transformer
SHG:603097
|
$654.45 Million |
|
Hyulim ROBOT Co.Ltd
KQ:090710
|
$654.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Deli Household Glass Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,228,987,427 to 1,070,750,590, a change of -158,236,837 (-12.9%).
- Net loss of 173,168,462 reduced equity.
- Dividend payments of 55,036,545 reduced retained earnings.
- Other comprehensive income increased equity by 57,477,085.
- Other factors increased equity by 12,491,085.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-173.17 Million | -16.17% |
| Dividends Paid | CN¥55.04 Million | -5.14% |
| Other Comprehensive Income | CN¥57.48 Million | +5.37% |
| Other Changes | CN¥12.49 Million | +1.17% |
| Total Change | CN¥- | -12.88% |
Book Value vs Market Value Analysis
This analysis compares Anhui Deli Household Glass 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: 4.18x
- 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 25.69x to 4.18x 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¥0.44 | CN¥11.42 | x |
| 2008-12-31 | CN¥0.61 | CN¥11.42 | x |
| 2009-12-31 | CN¥0.88 | CN¥11.42 | x |
| 2010-12-31 | CN¥1.03 | CN¥11.42 | x |
| 2011-12-31 | CN¥2.87 | CN¥11.42 | x |
| 2012-12-31 | CN¥2.85 | CN¥11.42 | x |
| 2013-12-31 | CN¥4.32 | CN¥11.42 | x |
| 2014-12-31 | CN¥4.04 | CN¥11.42 | x |
| 2015-12-31 | CN¥3.88 | CN¥11.42 | x |
| 2016-12-31 | CN¥3.75 | CN¥11.42 | x |
| 2017-12-31 | CN¥3.90 | CN¥11.42 | x |
| 2018-12-31 | CN¥3.58 | CN¥11.42 | x |
| 2019-12-31 | CN¥3.67 | CN¥11.42 | x |
| 2020-12-31 | CN¥3.67 | CN¥11.42 | x |
| 2021-12-31 | CN¥3.68 | CN¥11.42 | x |
| 2022-12-31 | CN¥3.37 | CN¥11.42 | x |
| 2023-12-31 | CN¥3.14 | CN¥11.42 | x |
| 2024-12-31 | CN¥2.73 | CN¥11.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Deli Household Glass 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): -16.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.32%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 3.17x
- Recent ROE (-16.17%) is below the historical average (3.85%), 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 | 28.12% | 9.89% | 0.91x | 3.12x | CN¥14.71 Million |
| 2008 | 22.16% | 8.41% | 1.06x | 2.48x | CN¥15.69 Million |
| 2009 | 19.89% | 10.15% | 0.93x | 2.11x | CN¥19.62 Million |
| 2010 | 22.17% | 11.25% | 0.93x | 2.11x | CN¥31.46 Million |
| 2011 | 5.93% | 9.44% | 0.49x | 1.28x | CN¥-36.73 Million |
| 2012 | 9.49% | 13.15% | 0.51x | 1.41x | CN¥-5.03 Million |
| 2013 | 5.10% | 8.41% | 0.48x | 1.28x | CN¥-77.12 Million |
| 2014 | 0.61% | 1.01% | 0.42x | 1.43x | CN¥-148.59 Million |
| 2015 | -4.13% | -7.31% | 0.38x | 1.47x | CN¥-214.61 Million |
| 2016 | -4.17% | -7.03% | 0.43x | 1.36x | CN¥-208.27 Million |
| 2017 | 3.30% | 6.35% | 0.42x | 1.23x | CN¥-102.46 Million |
| 2018 | -9.10% | -16.09% | 0.45x | 1.26x | CN¥-268.37 Million |
| 2019 | 0.94% | 1.56% | 0.45x | 1.35x | CN¥-130.22 Million |
| 2020 | 0.26% | 0.48% | 0.39x | 1.39x | CN¥-140.14 Million |
| 2021 | 0.60% | 0.91% | 0.37x | 1.80x | CN¥-135.53 Million |
| 2022 | -8.69% | -10.21% | 0.40x | 2.12x | CN¥-246.63 Million |
| 2023 | -6.96% | -6.44% | 0.43x | 2.50x | CN¥-208.41 Million |
| 2024 | -16.17% | -9.32% | 0.55x | 3.17x | CN¥-280.24 Million |
Industry Comparison
This section compares Anhui Deli Household Glass Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $887,912,525
- Average return on equity (ROE) among peers: 9.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Deli Household Glass Co Ltd (002571) | CN¥1.00 Billion | 28.12% | 2.07x | $654.99 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $429.81 Million | 2.53% | 0.50x | $926.62 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $161.85 Million | 24.59% | 1.41x | $512.44 Million |
| Hunan Resun Co Ltd (001218) | $310.82 Million | 10.88% | 1.57x | $526.33 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $2.87 Billion | 14.06% | 0.63x | $602.56 Million |
| C&S Paper Co Ltd (002511) | $418.43 Million | 12.15% | 2.46x | $1.61 Billion |
| Mingchen Health Co Ltd Class A (002919) | $550.90 Million | 5.38% | 0.27x | $935.25 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $359.21 Million | 16.81% | 0.32x | $1.16 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.58 Billion | 6.93% | 0.39x | $467.07 Million |
| Fujian Green Pine Co Ltd (300132) | $1.31 Billion | -5.20% | 0.81x | $713.59 Million |
About Anhui Deli Household Glass Co Ltd
Anhui Deli Household Glass Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells glassware products in China and internationally. The company operates in two segments, Daily Glass Business and Photovoltaic Glass Business. It offers borosilicate, soda lime, and crystal glass products, as well as premium selected glasses, solid color glasses, tumblers, goblets, cu… Read more