Dianguang Explosion-proof Technology Co Ltd (002730) - Net Assets
Based on the latest financial reports, Dianguang Explosion-proof Technology Co Ltd (002730) has net assets worth CN¥1.70 Billion CNY (≈ $249.08 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¥2.92 Billion ≈ $427.11 Million USD) and total liabilities (CN¥1.22 Billion ≈ $178.02 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 002730 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.70 Billion |
| % of Total Assets | 58.32% |
| Annual Growth Rate | 13.27% |
| 5-Year Change | 66.89% |
| 10-Year Change | 95.41% |
| Growth Volatility | 18.96 |
Dianguang Explosion-proof Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Dianguang Explosion-proof Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Dianguang Explosion-proof Technology Co for the complete picture of this company's asset base.
Annual Net Assets for Dianguang Explosion-proof Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Dianguang Explosion-proof Technology Co Ltd from 2011 to 2024. For live valuation and market cap data, see 002730 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.68 Billion ≈ $245.42 Million |
+4.22% |
| 2023-12-31 | CN¥1.61 Billion ≈ $235.47 Million |
+5.53% |
| 2022-12-31 | CN¥1.52 Billion ≈ $223.14 Million |
+43.25% |
| 2021-12-31 | CN¥1.06 Billion ≈ $155.76 Million |
+5.92% |
| 2020-12-31 | CN¥1.00 Billion ≈ $147.05 Million |
-3.38% |
| 2019-12-31 | CN¥1.04 Billion ≈ $152.20 Million |
+3.54% |
| 2018-12-31 | CN¥1.00 Billion ≈ $146.99 Million |
+5.12% |
| 2017-12-31 | CN¥955.58 Million ≈ $139.83 Million |
+5.93% |
| 2016-12-31 | CN¥902.04 Million ≈ $132.00 Million |
+5.10% |
| 2015-12-31 | CN¥858.25 Million ≈ $125.59 Million |
+8.73% |
| 2014-12-31 | CN¥789.38 Million ≈ $115.51 Million |
+67.26% |
| 2013-12-31 | CN¥471.95 Million ≈ $69.06 Million |
+15.35% |
| 2012-12-31 | CN¥409.14 Million ≈ $59.87 Million |
+23.34% |
| 2011-12-31 | CN¥331.71 Million ≈ $48.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dianguang Explosion-proof Technology 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 652.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥632.35 Million | 39.33% |
| Common Stock | CN¥362.08 Million | 22.52% |
| Other Comprehensive Income | CN¥96.10 Million | 5.98% |
| Other Components | CN¥517.38 Million | 32.18% |
| Total Equity | CN¥1.61 Billion | 100.00% |
Dianguang Explosion-proof Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Dianguang Explosion-proof Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qianhe Condiment&Food Co Ltd
SHG:603027
|
$1.78 Billion |
|
Innovex International, Inc
NYSE:INVX
|
$1.79 Billion |
|
Dongsuh
KO:026960
|
$1.79 Billion |
|
Zhejiang Runtu Co Ltd
SHE:002440
|
$1.79 Billion |
|
Poly Plastic Masterbatch Suzhou Co
SHE:300905
|
$1.78 Billion |
|
Jiangxi Ganneng Co Ltd
SHE:000899
|
$1.78 Billion |
|
Monadelphous Group Ltd
F:8MP
|
$1.78 Billion |
|
Bank Ocbc Nisp Tbk
JK:NISP
|
$1.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dianguang Explosion-proof Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,560,545,000 to 1,607,906,000, a change of 47,361,000 (3.0%).
- Net income of 94,431,000 contributed positively to equity growth.
- Dividend payments of 55,409,000 reduced retained earnings.
- Other comprehensive income increased equity by 96,102,000.
- Other factors decreased equity by 87,763,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥94.43 Million | +5.87% |
| Dividends Paid | CN¥55.41 Million | -3.45% |
| Other Comprehensive Income | CN¥96.10 Million | +5.98% |
| Other Changes | CN¥-87.76 Million | -5.46% |
| Total Change | CN¥- | 3.03% |
Book Value vs Market Value Analysis
This analysis compares Dianguang Explosion-proof Technology 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: 7.58x
- 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 24.46x to 7.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.38 | CN¥33.66 | x |
| 2012-12-31 | CN¥1.68 | CN¥33.66 | x |
| 2013-12-31 | CN¥1.95 | CN¥33.66 | x |
| 2014-12-31 | CN¥3.03 | CN¥33.66 | x |
| 2015-12-31 | CN¥2.59 | CN¥33.66 | x |
| 2016-12-31 | CN¥2.64 | CN¥33.66 | x |
| 2017-12-31 | CN¥2.72 | CN¥33.66 | x |
| 2018-12-31 | CN¥2.97 | CN¥33.66 | x |
| 2019-12-31 | CN¥2.94 | CN¥33.66 | x |
| 2020-12-31 | CN¥3.02 | CN¥33.66 | x |
| 2021-12-31 | CN¥3.29 | CN¥33.66 | x |
| 2022-12-31 | CN¥4.12 | CN¥33.66 | x |
| 2023-12-31 | CN¥4.31 | CN¥33.66 | x |
| 2024-12-31 | CN¥4.44 | CN¥33.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dianguang Explosion-proof Technology 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): 5.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.94%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.74x
- Recent ROE (5.87%) is below the historical average (8.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 23.12% | 10.14% | 0.94x | 2.43x | CN¥43.52 Million |
| 2012 | 18.93% | 10.19% | 0.83x | 2.25x | CN¥36.52 Million |
| 2013 | 13.31% | 9.51% | 0.72x | 1.95x | CN¥15.61 Million |
| 2014 | 6.74% | 9.25% | 0.47x | 1.55x | CN¥-25.70 Million |
| 2015 | 6.57% | 10.25% | 0.40x | 1.59x | CN¥-28.25 Million |
| 2016 | 4.54% | 6.23% | 0.43x | 1.69x | CN¥-46.27 Million |
| 2017 | 6.26% | 6.91% | 0.52x | 1.75x | CN¥-33.52 Million |
| 2018 | 6.07% | 6.09% | 0.54x | 1.84x | CN¥-37.03 Million |
| 2019 | 4.43% | 4.28% | 0.63x | 1.63x | CN¥-53.98 Million |
| 2020 | 5.63% | 6.98% | 0.63x | 1.29x | CN¥-43.78 Million |
| 2021 | 8.08% | 9.33% | 0.67x | 1.29x | CN¥-20.37 Million |
| 2022 | 6.08% | 7.33% | 0.55x | 1.50x | CN¥-57.98 Million |
| 2023 | 7.66% | 8.71% | 0.54x | 1.62x | CN¥-36.44 Million |
| 2024 | 5.87% | 7.94% | 0.42x | 1.74x | CN¥-66.36 Million |
Industry Comparison
This section compares Dianguang Explosion-proof Technology 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: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dianguang Explosion-proof Technology Co Ltd (002730) | CN¥1.70 Billion | 23.12% | 0.71x | $1.78 Billion |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Dianguang Explosion-proof Technology Co Ltd
Dianguang Explosion-proof Technology Co.,Ltd. engages in the research and development, production, and sale of explosion-proof electrical appliances, power equipment, and drive equipment in China and internationally. The company offers equipment for mining, explosion-proof monitoring equipment for mining, emergency rescue products for mining, and intelligent transmission equipment. It also manufa… Read more