Dalian Insulator Group Co Ltd (002606) - Net Assets
Based on the latest financial reports, Dalian Insulator Group Co Ltd (002606) has net assets worth CN¥2.05 Billion CNY (≈ $299.93 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.12 Billion ≈ $456.77 Million USD) and total liabilities (CN¥1.07 Billion ≈ $156.83 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 002606 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.05 Billion |
| % of Total Assets | 65.66% |
| Annual Growth Rate | 22.65% |
| 5-Year Change | 41.25% |
| 10-Year Change | 118.24% |
| Growth Volatility | 47.7 |
Dalian Insulator Group Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Dalian Insulator Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002606 market cap overview.
Annual Net Assets for Dalian Insulator Group Co Ltd (2007–2025)
The table below shows the annual net assets of Dalian Insulator Group Co Ltd from 2007 to 2025. Also explore Dalian Insulator Group Co Ltd (002606) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.91 Billion ≈ $279.71 Million |
+11.30% |
| 2024-12-31 | CN¥1.72 Billion ≈ $251.32 Million |
+9.79% |
| 2023-12-31 | CN¥1.56 Billion ≈ $228.92 Million |
+3.17% |
| 2022-12-31 | CN¥1.52 Billion ≈ $221.88 Million |
+12.05% |
| 2021-12-31 | CN¥1.35 Billion ≈ $198.03 Million |
+24.46% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.10 Million |
+17.63% |
| 2019-12-31 | CN¥924.35 Million ≈ $135.26 Million |
+4.56% |
| 2018-12-31 | CN¥884.05 Million ≈ $129.36 Million |
-1.41% |
| 2017-12-31 | CN¥896.67 Million ≈ $131.21 Million |
+2.37% |
| 2016-12-31 | CN¥875.89 Million ≈ $128.17 Million |
+12.34% |
| 2015-12-31 | CN¥779.70 Million ≈ $114.09 Million |
+2.91% |
| 2014-12-31 | CN¥757.66 Million ≈ $110.87 Million |
+3.80% |
| 2013-12-31 | CN¥729.96 Million ≈ $106.82 Million |
+0.50% |
| 2012-12-31 | CN¥726.36 Million ≈ $106.29 Million |
+3.92% |
| 2011-12-31 | CN¥698.99 Million ≈ $102.28 Million |
+177.58% |
| 2010-12-31 | CN¥251.82 Million ≈ $36.85 Million |
+32.68% |
| 2009-12-31 | CN¥189.79 Million ≈ $27.77 Million |
+129.31% |
| 2008-12-31 | CN¥82.77 Million ≈ $12.11 Million |
+70.94% |
| 2007-12-31 | CN¥48.42 Million ≈ $7.08 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 17086.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.16 Billion | 60.69% |
| Other Components | CN¥750.85 Million | 39.31% |
| Total Equity | CN¥1.91 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 |
|---|---|
|
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
|
$815.25 Million |
|
Entero Healthcare Solutions Ltd.
NSE:ENTERO
|
$815.37 Million |
|
Alerus Financial Corp
NASDAQ:ALRS
|
$815.58 Million |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
$815.80 Million |
|
Backblaze Inc
NASDAQ:BLZE
|
$814.60 Million |
|
Up Fintech Holding Ltd
NASDAQ:TIGR
|
$814.47 Million |
|
IRPC Public Company Limited
BK:IRPC-R
|
$814.31 Million |
|
Standard Foods Corp
TW:1227
|
$814.25 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 2024 to 2025, total equity changed from 1,716,016,708 to 1,910,051,843, a change of 194,035,135 (11.3%).
- Net income of 211,860,603 contributed positively to equity growth.
- Dividend payments of 22,096,042 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥211.86 Million | +11.09% |
| Dividends Paid | CN¥22.10 Million | -1.16% |
| Other Changes | CN¥4.27 Million | +0.22% |
| Total Change | CN¥- | 11.31% |
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: 2.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 39.25x to 2.91x 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¥12.68 | x |
| 2008-12-31 | CN¥0.52 | CN¥12.68 | x |
| 2009-12-31 | CN¥1.22 | CN¥12.68 | x |
| 2010-12-31 | CN¥1.63 | CN¥12.68 | x |
| 2011-12-31 | CN¥4.11 | CN¥12.68 | x |
| 2012-12-31 | CN¥1.80 | CN¥12.68 | x |
| 2013-12-31 | CN¥1.78 | CN¥12.68 | x |
| 2014-12-31 | CN¥1.84 | CN¥12.68 | x |
| 2015-12-31 | CN¥1.84 | CN¥12.68 | x |
| 2016-12-31 | CN¥2.07 | CN¥12.68 | x |
| 2017-12-31 | CN¥2.10 | CN¥12.68 | x |
| 2018-12-31 | CN¥2.31 | CN¥12.68 | x |
| 2019-12-31 | CN¥2.18 | CN¥12.68 | x |
| 2020-12-31 | CN¥2.66 | CN¥12.68 | x |
| 2021-12-31 | CN¥3.10 | CN¥12.68 | x |
| 2022-12-31 | CN¥3.43 | CN¥12.68 | x |
| 2023-12-31 | CN¥3.58 | CN¥12.68 | x |
| 2024-12-31 | CN¥3.90 | CN¥12.68 | x |
| 2025-12-31 | CN¥4.35 | CN¥12.68 | 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): 11.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.91%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.67x
- Recent ROE (11.09%) is below the historical average (18.19%), 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 |
| 2025 | 11.09% | 11.91% | 0.56x | 1.67x | CN¥20.86 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: $3,245,673,029
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dalian Insulator Group Co Ltd (002606) | CN¥2.05 Billion | 112.98% | 0.52x | $814.69 Million |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 6.87% | 1.16x | $1.14 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $536.10 Million | 17.67% | 0.27x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.10 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $557.50 Million | 13.45% | 0.65x | $744.67 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.86 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.32 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $15.80 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $353.70 Million |
| Gotion High tech Co Ltd (002074) | $8.26 Billion | 10.15% | 1.07x | $6.94 Billion |
About 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 in China and internationally. The company offers station post and post insulators. Its products are used for power stations and electric porcelain fittings, and transmission lines. Dalian Insulator Group Co.,Ltd was founded in 1915 and … Read more