Dongjiang Environmental Co Ltd (002672) - Net Assets
Based on the latest financial reports, Dongjiang Environmental Co Ltd (002672) has net assets worth CN¥2.82 Billion CNY (≈ $412.94 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.91 Billion ≈ $1.45 Billion USD) and total liabilities (CN¥7.09 Billion ≈ $1.04 Billion 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 Dongjiang Environmental Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.82 Billion |
| % of Total Assets | 28.48% |
| Annual Growth Rate | 14.9% |
| 5-Year Change | -48.2% |
| 10-Year Change | -27.0% |
| Growth Volatility | 30.72 |
Dongjiang Environmental Co Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Dongjiang Environmental Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002672 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dongjiang Environmental Co Ltd (2004–2025)
The table below shows the annual net assets of Dongjiang Environmental Co Ltd from 2004 to 2025. For live valuation and market cap data, see 002672 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.82 Billion ≈ $412.94 Million |
-32.02% |
| 2024-12-31 | CN¥4.15 Billion ≈ $607.41 Million |
-17.67% |
| 2023-12-31 | CN¥5.04 Billion ≈ $737.79 Million |
+5.56% |
| 2022-12-31 | CN¥4.78 Billion ≈ $698.95 Million |
-12.32% |
| 2021-12-31 | CN¥5.45 Billion ≈ $797.18 Million |
+1.38% |
| 2020-12-31 | CN¥5.37 Billion ≈ $786.33 Million |
+6.73% |
| 2019-12-31 | CN¥5.03 Billion ≈ $736.76 Million |
+7.44% |
| 2018-12-31 | CN¥4.69 Billion ≈ $685.73 Million |
+8.43% |
| 2017-12-31 | CN¥4.32 Billion ≈ $632.42 Million |
+11.80% |
| 2016-12-31 | CN¥3.87 Billion ≈ $565.67 Million |
+20.07% |
| 2015-12-31 | CN¥3.22 Billion ≈ $471.12 Million |
+13.42% |
| 2014-12-31 | CN¥2.84 Billion ≈ $415.37 Million |
+15.86% |
| 2013-12-31 | CN¥2.45 Billion ≈ $358.51 Million |
+7.79% |
| 2012-12-31 | CN¥2.27 Billion ≈ $332.60 Million |
+116.54% |
| 2011-12-31 | CN¥1.05 Billion ≈ $153.60 Million |
+25.14% |
| 2010-12-31 | CN¥838.83 Million ≈ $122.75 Million |
+10.25% |
| 2009-12-31 | CN¥760.84 Million ≈ $111.33 Million |
+17.97% |
| 2008-12-31 | CN¥644.95 Million ≈ $94.38 Million |
+36.97% |
| 2007-12-31 | CN¥470.85 Million ≈ $68.90 Million |
+78.29% |
| 2006-12-31 | CN¥264.10 Million ≈ $38.65 Million |
+33.92% |
| 2005-12-31 | CN¥197.20 Million ≈ $28.86 Million |
+29.18% |
| 2004-12-31 | CN¥152.66 Million ≈ $22.34 Million |
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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 decreased by 34680676169.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.72 Billion | 114.60% |
| Total Equity | CN¥2.38 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 |
|---|---|
|
Vestum AB (publ)
ST:VESTUM
|
$500.69 Million |
|
Aquestive Therapeutics Inc
NASDAQ:AQST
|
$500.87 Million |
|
HANGZHOU TIGERMED CO. H 1
F:5HZ1
|
$500.93 Million |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
$501.00 Million |
|
Qianjiang Yongan Pharmaceutical Co Ltd
SHE:002365
|
$500.64 Million |
|
Wuxi Acryl Technology Co Ltd
SHG:603722
|
$500.48 Million |
|
Zinzino AB Series B
ST:ZZ-B
|
$500.24 Million |
|
Rompetrol Rafi
RO:RRC
|
$500.07 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 2024 to 2025, total equity changed from 3,599,850,228 to 2,376,106,380, a change of -1,223,743,848 (-34.0%).
- Net loss of 1,231,537,772 reduced equity.
- Dividend payments of 170,381,551 reduced retained earnings.
- Other comprehensive income decreased equity by 312,002,824.
- Other factors increased equity by 490,178,300.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.23 Billion | -51.83% |
| Dividends Paid | CN¥170.38 Million | -7.17% |
| Other Comprehensive Income | CN¥-312.00 Million | -13.13% |
| Other Changes | CN¥490.18 Million | +20.63% |
| Total Change | CN¥- | -33.99% |
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: 1.76x
- 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 87.39x to 1.76x 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¥3.78 | x |
| 2005-12-31 | CN¥0.06 | CN¥3.78 | x |
| 2006-12-31 | CN¥0.07 | CN¥3.78 | x |
| 2007-12-31 | CN¥0.11 | CN¥3.78 | x |
| 2008-12-31 | CN¥0.73 | CN¥3.78 | x |
| 2009-12-31 | CN¥0.89 | CN¥3.78 | x |
| 2010-12-31 | CN¥1.05 | CN¥3.78 | x |
| 2011-12-31 | CN¥1.34 | CN¥3.78 | x |
| 2012-12-31 | CN¥2.57 | CN¥3.78 | x |
| 2013-12-31 | CN¥2.63 | CN¥3.78 | x |
| 2014-12-31 | CN¥2.88 | CN¥3.78 | x |
| 2015-12-31 | CN¥3.23 | CN¥3.78 | x |
| 2016-12-31 | CN¥3.82 | CN¥3.78 | x |
| 2017-12-31 | CN¥4.33 | CN¥3.78 | x |
| 2018-12-31 | CN¥4.66 | CN¥3.78 | x |
| 2019-12-31 | CN¥4.92 | CN¥3.78 | x |
| 2020-12-31 | CN¥5.09 | CN¥3.78 | x |
| 2021-12-31 | CN¥5.16 | CN¥3.78 | x |
| 2022-12-31 | CN¥4.63 | CN¥3.78 | x |
| 2023-12-31 | CN¥4.43 | CN¥3.78 | x |
| 2024-12-31 | CN¥3.27 | CN¥3.78 | x |
| 2025-12-31 | CN¥2.15 | CN¥3.78 | 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): -51.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.62%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 4.17x
- Recent ROE (-51.83%) is below the historical average (9.31%), 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 |
| 2025 | -51.83% | -35.62% | 0.35x | 4.17x | CN¥-1.47 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: $3,787,723,693
- Average return on equity (ROE) among peers: 3.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongjiang Environmental Co Ltd (002672) | CN¥2.82 Billion | 26.86% | 2.51x | $500.65 Million |
| China Tianying Inc (000035) | $-1.86 Billion | 0.00% | 0.00x | $2.07 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $5.27 Billion | -20.42% | 1.30x | $2.63 Billion |
| BECE Legend Group Co Ltd (000803) | $151.24 Million | 2.49% | 2.02x | $529.49 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $15.07 Billion | 8.30% | 1.21x | $467.21 Million |
| Wangneng Environment Co Ltd (002034) | $657.90 Million | 3.12% | 1.35x | $1.45 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $9.44 Billion | 13.72% | 1.54x | $2.47 Billion |
| GEM Co Ltd (002340) | $2.65 Billion | 5.43% | 1.92x | $5.74 Billion |
| Qiaoyin Environmental Tech Co Ltd (002973) | $878.22 Million | 11.69% | 1.27x | $730.17 Million |
| Tongxing Environmental Protection (003027) | $1.82 Billion | 4.06% | 0.36x | $417.97 Million |
About Dongjiang Environmental Co Ltd
Dongjiang Environmental Company Limited, together with its subsidiaries, provides environmental services in China and internationally. It operates through eight segments: Industrial Waste Resource Utilization; Industrial Waste Treatment and Disposal; Rare and Precious Metal Recycling; Municipal Waste Treatment and Disposal, Renewable Energy Utilization; Environmental Engineering and Services; Ele… Read more