Dongjiang Environmental Co Ltd (002672) - Net Assets
Based on the latest financial reports, Dongjiang Environmental Co Ltd (002672) has net assets worth CN¥3.51 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¥10.76 Billion) and total liabilities (CN¥7.25 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¥3.51 Billion |
| % of Total Assets | 32.64% |
| Annual Growth Rate | 17.96% |
| 5-Year Change | -22.75% |
| 10-Year Change | 28.93% |
| Growth Volatility | 29.29 |
Dongjiang Environmental Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Dongjiang Environmental 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 Dongjiang Environmental Co Ltd (2004–2024)
The table below shows the annual net assets of Dongjiang Environmental Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.15 Billion | -17.67% |
| 2023-12-31 | CN¥5.04 Billion | +5.56% |
| 2022-12-31 | CN¥4.78 Billion | -12.32% |
| 2021-12-31 | CN¥5.45 Billion | +1.38% |
| 2020-12-31 | CN¥5.37 Billion | +6.73% |
| 2019-12-31 | CN¥5.03 Billion | +7.44% |
| 2018-12-31 | CN¥4.69 Billion | +8.43% |
| 2017-12-31 | CN¥4.32 Billion | +11.80% |
| 2016-12-31 | CN¥3.87 Billion | +20.07% |
| 2015-12-31 | CN¥3.22 Billion | +13.42% |
| 2014-12-31 | CN¥2.84 Billion | +15.86% |
| 2013-12-31 | CN¥2.45 Billion | +7.79% |
| 2012-12-31 | CN¥2.27 Billion | +116.54% |
| 2011-12-31 | CN¥1.05 Billion | +25.14% |
| 2010-12-31 | CN¥838.83 Million | +10.25% |
| 2009-12-31 | CN¥760.84 Million | +17.97% |
| 2008-12-31 | CN¥644.95 Million | +36.97% |
| 2007-12-31 | CN¥470.85 Million | +78.29% |
| 2006-12-31 | CN¥264.10 Million | +33.92% |
| 2005-12-31 | CN¥197.20 Million | +29.18% |
| 2004-12-31 | CN¥152.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dongjiang Environmental 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 88473101000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥884.73 Million | 24.58% |
| Common Stock | CN¥1.11 Billion | 30.70% |
| Other Comprehensive Income | CN¥312.00 Million | 8.67% |
| Other Components | CN¥1.30 Billion | 36.05% |
| Total Equity | CN¥3.60 Billion | 100.00% |
Dongjiang Environmental Co Ltd Competitors by Market Cap
The table below lists competitors of Dongjiang Environmental Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
34Q0
F:34Q0
|
$553.77 Million |
|
AB Sagax (publ)
ST:SAGA-A
|
$553.81 Million |
|
SHIZUOKA GAS CO. LTD.
F:1KS
|
$553.84 Million |
|
Hailun Piano Co Ltd
SHE:300329
|
$553.97 Million |
|
MEIRAGTX HLDGSDL-0000388
F:328
|
$553.57 Million |
|
Mystate Ltd
AU:MYS
|
$553.50 Million |
|
Guangzhou Jinyi Media Corp
SHE:002905
|
$553.43 Million |
|
Kontour (Xi'an) Medical Technology Co. Ltd.
SHG:688314
|
$553.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongjiang Environmental Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,496,423,310 to 3,599,850,228, a change of -896,573,082 (-19.9%).
- Net loss of 804,185,864 reduced equity.
- Dividend payments of 191,015,313 reduced retained earnings.
- Other comprehensive income increased equity by 7,517,265.
- Other factors increased equity by 91,110,830.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-804.19 Million | -22.34% |
| Dividends Paid | CN¥191.02 Million | -5.31% |
| Other Comprehensive Income | CN¥7.52 Million | +0.21% |
| Other Changes | CN¥91.11 Million | +2.53% |
| Total Change | CN¥- | -19.94% |
Book Value vs Market Value Analysis
This analysis compares Dongjiang Environmental 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: 1.28x
- 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 96.64x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.04 | CN¥4.18 | x |
| 2005-12-31 | CN¥0.06 | CN¥4.18 | x |
| 2006-12-31 | CN¥0.07 | CN¥4.18 | x |
| 2007-12-31 | CN¥0.11 | CN¥4.18 | x |
| 2008-12-31 | CN¥0.73 | CN¥4.18 | x |
| 2009-12-31 | CN¥0.89 | CN¥4.18 | x |
| 2010-12-31 | CN¥1.05 | CN¥4.18 | x |
| 2011-12-31 | CN¥1.34 | CN¥4.18 | x |
| 2012-12-31 | CN¥2.57 | CN¥4.18 | x |
| 2013-12-31 | CN¥2.63 | CN¥4.18 | x |
| 2014-12-31 | CN¥2.88 | CN¥4.18 | x |
| 2015-12-31 | CN¥3.23 | CN¥4.18 | x |
| 2016-12-31 | CN¥3.82 | CN¥4.18 | x |
| 2017-12-31 | CN¥4.33 | CN¥4.18 | x |
| 2018-12-31 | CN¥4.66 | CN¥4.18 | x |
| 2019-12-31 | CN¥4.92 | CN¥4.18 | x |
| 2020-12-31 | CN¥5.09 | CN¥4.18 | x |
| 2021-12-31 | CN¥5.16 | CN¥4.18 | x |
| 2022-12-31 | CN¥4.63 | CN¥4.18 | x |
| 2023-12-31 | CN¥4.43 | CN¥4.18 | x |
| 2024-12-31 | CN¥3.27 | CN¥4.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongjiang Environmental 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): -22.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.06%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.13x
- Recent ROE (-22.34%) is below the historical average (12.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 26.86% | 19.18% | 0.86x | 1.62x | CN¥25.73 Million |
| 2005 | 27.86% | 18.79% | 0.96x | 1.54x | CN¥35.22 Million |
| 2006 | 32.43% | 18.09% | 0.99x | 1.81x | CN¥59.25 Million |
| 2007 | 35.73% | 21.18% | 0.82x | 2.05x | CN¥104.20 Million |
| 2008 | 22.05% | 15.65% | 0.72x | 1.96x | CN¥62.53 Million |
| 2009 | 17.26% | 12.97% | 0.54x | 2.45x | CN¥45.57 Million |
| 2010 | 20.96% | 13.52% | 0.65x | 2.40x | CN¥81.50 Million |
| 2011 | 21.53% | 13.57% | 0.76x | 2.10x | CN¥109.09 Million |
| 2012 | 12.74% | 17.53% | 0.49x | 1.48x | CN¥57.30 Million |
| 2013 | 9.29% | 13.16% | 0.48x | 1.46x | CN¥-15.89 Million |
| 2014 | 10.30% | 12.29% | 0.41x | 2.04x | CN¥7.38 Million |
| 2015 | 12.08% | 13.84% | 0.36x | 2.43x | CN¥57.22 Million |
| 2016 | 16.23% | 20.40% | 0.32x | 2.49x | CN¥204.92 Million |
| 2017 | 12.69% | 15.27% | 0.34x | 2.48x | CN¥100.47 Million |
| 2018 | 10.09% | 12.42% | 0.34x | 2.41x | CN¥3.72 Million |
| 2019 | 9.76% | 12.26% | 0.33x | 2.39x | CN¥-10.53 Million |
| 2020 | 6.68% | 9.15% | 0.32x | 2.30x | CN¥-150.80 Million |
| 2021 | 3.49% | 4.00% | 0.34x | 2.57x | CN¥-299.75 Million |
| 2022 | -12.30% | -12.87% | 0.33x | 2.89x | CN¥-904.66 Million |
| 2023 | -16.69% | -18.66% | 0.33x | 2.70x | CN¥-1.20 Billion |
| 2024 | -22.34% | -23.06% | 0.31x | 3.13x | CN¥-1.16 Billion |
Industry Comparison
This section compares Dongjiang Environmental Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $5,234,615,299
- Average return on equity (ROE) among peers: 4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongjiang Environmental Co Ltd (002672) | CN¥3.51 Billion | 26.86% | 2.06x | $553.63 Million |
| China Tianying Inc (000035) | $10.44 Billion | 1.18% | 1.54x | $2.48 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $359.37 Million | 5.18% | 1.26x | $1.71 Billion |
| BECE Legend Group Co Ltd (000803) | $132.38 Million | 5.15% | 0.68x | $558.15 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $11.42 Billion | -39.86% | 1.87x | $404.63 Million |
| Wangneng Environment Co Ltd (002034) | $6.77 Billion | 8.29% | 1.14x | $1.23 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $1.89 Billion | 23.80% | 1.10x | $2.56 Billion |
| Qiaoyin Environmental Tech Co Ltd (002973) | $220.39 Million | 24.55% | 0.64x | $812.69 Million |
| Tongxing Environmental Protection (003027) | $1.78 Billion | 1.44% | 0.53x | $438.82 Million |
| Beijing Originwater Technology (300070) | $14.11 Billion | 9.65% | 0.30x | $2.13 Billion |
About Dongjiang Environmental Co Ltd
Dongjiang Environmental Company Limited, together with its subsidiaries, provides environmental services in the People's Republic of China. It operates through eight segments, Industrial Waste Resource Utilization, Industrial Waste Treatment and Disposal, Rare Metal Recycling, Municipal Waste Treatment and Disposal, Renewable Energy Utilization, Environmental Engineering and Services, Electronic … Read more