Dalian Insulator Group Co Ltd
Dalian Insulator Group Co., Ltd, together with its subsidiaries, engages in the research, development, manufacture, and sale of porcelain and composite insulators for power stations and electric porcelain hardware in China and internationally. It offers insulators for transmission lines; station post insulators; and post insulators. Dalian Insulator Group Co.,Ltd was founded in 1915 and is based … Read more
Dalian Insulator Group Co Ltd (002606) - Net Assets
Latest net assets as of September 2025: CN¥1.82 Billion CNY
Based on the latest financial reports, Dalian Insulator Group Co Ltd (002606) has net assets worth CN¥1.82 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¥3.20 Billion) and total liabilities (CN¥1.38 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¥1.82 Billion |
| % of Total Assets | 56.9% |
| Annual Growth Rate | 23.36% |
| 5-Year Change | 57.96% |
| 10-Year Change | 120.27% |
| Growth Volatility | 48.89 |
Dalian Insulator Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Dalian Insulator Group 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 Dalian Insulator Group Co Ltd (2007–2024)
The table below shows the annual net assets of Dalian Insulator Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.72 Billion | +9.79% |
| 2023-12-31 | CN¥1.56 Billion | +3.17% |
| 2022-12-31 | CN¥1.52 Billion | +12.05% |
| 2021-12-31 | CN¥1.35 Billion | +24.46% |
| 2020-12-31 | CN¥1.09 Billion | +17.63% |
| 2019-12-31 | CN¥924.35 Million | +4.56% |
| 2018-12-31 | CN¥884.05 Million | -1.41% |
| 2017-12-31 | CN¥896.67 Million | +2.37% |
| 2016-12-31 | CN¥875.89 Million | +12.34% |
| 2015-12-31 | CN¥779.70 Million | +2.91% |
| 2014-12-31 | CN¥757.66 Million | +3.80% |
| 2013-12-31 | CN¥729.96 Million | +0.50% |
| 2012-12-31 | CN¥726.36 Million | +3.92% |
| 2011-12-31 | CN¥698.99 Million | +177.58% |
| 2010-12-31 | CN¥251.82 Million | +32.68% |
| 2009-12-31 | CN¥189.79 Million | +129.31% |
| 2008-12-31 | CN¥82.77 Million | +70.94% |
| 2007-12-31 | CN¥48.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dalian Insulator 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 14317.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥972.41 Million | 56.67% |
| Common Stock | CN¥439.07 Million | 25.59% |
| Other Components | CN¥304.53 Million | 17.75% |
| Total Equity | CN¥1.72 Billion | 100.00% |
Dalian Insulator Group Co Ltd Competitors by Market Cap
The table below lists competitors of Dalian Insulator Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MOLSON COORS CDA EXCH.B
F:65K
|
$494.44 Million |
|
Cable One Inc
NYSE:CABO
|
$494.55 Million |
|
PT Medco Energi Internasional Tbk
F:MEF
|
$494.64 Million |
|
HENSOLDT AG UNSP. ADS
F:HAG0
|
$494.75 Million |
|
Idaho Strategic Resources Inc
NYSE MKT:IDR
|
$494.30 Million |
|
Nuh Cimento Sanayi AS
IS:NUHCM
|
$494.25 Million |
|
Jiangxi Black Cat Carbon Black
SHE:002068
|
$494.03 Million |
|
Sun Create Electronics Co., Ltd
SHG:600990
|
$493.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dalian Insulator Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,561,209,720 to 1,716,016,708, a change of 154,806,988 (9.9%).
- Net income of 211,114,532 contributed positively to equity growth.
- Dividend payments of 39,051,550 reduced retained earnings.
- Share repurchases of 26,160,394 reduced equity.
- Other comprehensive income decreased equity by 6,774,067.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥211.11 Million | +12.3% |
| Dividends Paid | CN¥39.05 Million | -2.28% |
| Share Repurchases | CN¥26.16 Million | -1.52% |
| Other Comprehensive Income | CN¥-6.77 Million | -0.39% |
| Other Changes | CN¥15.68 Million | +0.91% |
| Total Change | CN¥- | 9.92% |
Book Value vs Market Value Analysis
This analysis compares Dalian Insulator 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: 3.16x
- 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 38.20x to 3.16x 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¥0.32 | CN¥12.34 | x |
| 2008-12-31 | CN¥0.52 | CN¥12.34 | x |
| 2009-12-31 | CN¥1.22 | CN¥12.34 | x |
| 2010-12-31 | CN¥1.63 | CN¥12.34 | x |
| 2011-12-31 | CN¥4.11 | CN¥12.34 | x |
| 2012-12-31 | CN¥3.54 | CN¥12.34 | x |
| 2013-12-31 | CN¥3.56 | CN¥12.34 | x |
| 2014-12-31 | CN¥3.69 | CN¥12.34 | x |
| 2015-12-31 | CN¥3.67 | CN¥12.34 | x |
| 2016-12-31 | CN¥2.07 | CN¥12.34 | x |
| 2017-12-31 | CN¥2.10 | CN¥12.34 | x |
| 2018-12-31 | CN¥2.31 | CN¥12.34 | x |
| 2019-12-31 | CN¥2.26 | CN¥12.34 | x |
| 2020-12-31 | CN¥2.66 | CN¥12.34 | x |
| 2021-12-31 | CN¥3.10 | CN¥12.34 | x |
| 2022-12-31 | CN¥3.47 | CN¥12.34 | x |
| 2023-12-31 | CN¥3.58 | CN¥12.34 | x |
| 2024-12-31 | CN¥3.90 | CN¥12.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dalian Insulator 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): 12.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.11%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.64x
- Recent ROE (12.30%) is below the historical average (18.58%), 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 | 112.98% | 12.99% | 0.70x | 12.38x | CN¥49.77 Million |
| 2008 | 37.65% | 6.66% | 0.57x | 9.92x | CN¥21.41 Million |
| 2009 | 58.04% | 18.86% | 0.65x | 4.70x | CN¥88.09 Million |
| 2010 | 30.30% | 12.49% | 0.64x | 3.82x | CN¥49.76 Million |
| 2011 | 7.79% | 8.29% | 0.51x | 1.86x | CN¥-15.29 Million |
| 2012 | 5.36% | 6.04% | 0.47x | 1.88x | CN¥-33.45 Million |
| 2013 | 4.22% | 4.90% | 0.45x | 1.93x | CN¥-41.91 Million |
| 2014 | 3.53% | 4.35% | 0.45x | 1.82x | CN¥-47.29 Million |
| 2015 | 4.90% | 6.07% | 0.45x | 1.81x | CN¥-38.39 Million |
| 2016 | 11.11% | 12.51% | 0.54x | 1.65x | CN¥9.38 Million |
| 2017 | 6.65% | 7.12% | 0.57x | 1.65x | CN¥-29.83 Million |
| 2018 | -2.16% | -3.14% | 0.46x | 1.51x | CN¥-106.50 Million |
| 2019 | 5.05% | 6.31% | 0.55x | 1.47x | CN¥-45.59 Million |
| 2020 | 9.78% | 12.19% | 0.56x | 1.43x | CN¥-2.40 Million |
| 2021 | 11.62% | 16.77% | 0.54x | 1.28x | CN¥21.84 Million |
| 2022 | 11.95% | 14.99% | 0.58x | 1.37x | CN¥29.55 Million |
| 2023 | 3.35% | 6.24% | 0.36x | 1.48x | CN¥-103.77 Million |
| 2024 | 12.30% | 14.11% | 0.53x | 1.64x | CN¥39.51 Million |
Industry Comparison
This section compares Dalian Insulator Group Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dalian Insulator Group Co Ltd (002606) | CN¥1.82 Billion | 112.98% | 0.76x | $494.38 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |