Shenzhen Mingdiao Decoration Co Ltd
Shenzhen Mingdiao Decoration Co.,Ltd. provides home decoration and furnishing services in China. The company's services include design, engineering construction, wood product customization, decorative material and accessories purchase, and after-sales service, as well as property leasing activities. Shenzhen Mingdiao Decoration Co.,Ltd. was founded in 1998 and is based in Shenzhen, China.
Shenzhen Mingdiao Decoration Co Ltd (002830) - Net Assets
Latest net assets as of September 2025: CN¥670.87 Million CNY
Based on the latest financial reports, Shenzhen Mingdiao Decoration Co Ltd (002830) has net assets worth CN¥670.87 Million 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¥1.42 Billion) and total liabilities (CN¥752.30 Million). 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¥670.87 Million |
| % of Total Assets | 47.14% |
| Annual Growth Rate | 20.55% |
| 5-Year Change | 3.94% |
| 10-Year Change | 126.9% |
| Growth Volatility | 34.7 |
Shenzhen Mingdiao Decoration Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Shenzhen Mingdiao Decoration 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 Shenzhen Mingdiao Decoration Co Ltd (2008–2024)
The table below shows the annual net assets of Shenzhen Mingdiao Decoration Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥688.83 Million | -1.44% |
| 2023-12-31 | CN¥698.90 Million | +2.96% |
| 2022-12-31 | CN¥678.84 Million | +0.00% |
| 2021-12-31 | CN¥678.81 Million | +2.43% |
| 2020-12-31 | CN¥662.71 Million | +0.95% |
| 2019-12-31 | CN¥656.48 Million | +0.64% |
| 2018-12-31 | CN¥652.33 Million | +6.41% |
| 2017-12-31 | CN¥613.06 Million | +7.73% |
| 2016-12-31 | CN¥569.08 Million | +87.45% |
| 2015-12-31 | CN¥303.58 Million | +12.23% |
| 2014-12-31 | CN¥270.50 Million | +14.95% |
| 2013-12-31 | CN¥235.33 Million | +17.94% |
| 2012-12-31 | CN¥199.54 Million | +19.73% |
| 2011-12-31 | CN¥166.66 Million | +47.66% |
| 2010-12-31 | CN¥112.86 Million | +45.00% |
| 2009-12-31 | CN¥77.84 Million | +124.93% |
| 2008-12-31 | CN¥34.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Mingdiao Decoration 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 3022.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥333.49 Million | 49.75% |
| Common Stock | CN¥133.34 Million | 19.89% |
| Other Components | CN¥203.45 Million | 30.35% |
| Total Equity | CN¥670.28 Million | 100.00% |
Shenzhen Mingdiao Decoration Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Mingdiao Decoration Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Intelligent Precision Instrument Co Ltd
SHE:301512
|
$99.59 Million |
|
ASolid Technology Co Ltd
TWO:6485
|
$99.59 Million |
|
Asia Paper
KO:002310
|
$99.62 Million |
|
icad inc
NASDAQ:ICAD
|
$99.64 Million |
|
Emeren Group Ltd
NYSE:SOL
|
$99.56 Million |
|
Midnight Sun Mining Corp
PINK:MDNGF
|
$99.54 Million |
|
BaoMinh Insurance Corp
VN:BMI
|
$99.53 Million |
|
FLINT Corp.
TO:FLNT
|
$99.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Mingdiao Decoration Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 681,351,528 to 670,275,356, a change of -11,076,172 (-1.6%).
- Net income of 40,681,231 contributed positively to equity growth.
- Dividend payments of 31,715,108 reduced retained earnings.
- Share repurchases of 20,195,531 reduced equity.
- Other comprehensive income decreased equity by 54,197,624.
- Other factors increased equity by 54,350,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.68 Million | +6.07% |
| Dividends Paid | CN¥31.72 Million | -4.73% |
| Share Repurchases | CN¥20.20 Million | -3.01% |
| Other Comprehensive Income | CN¥-54.20 Million | -8.09% |
| Other Changes | CN¥54.35 Million | +8.11% |
| Total Change | CN¥- | -1.63% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Mingdiao Decoration 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: 4.39x
- 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 38.09x to 4.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.59 | CN¥22.44 | x |
| 2009-12-31 | CN¥1.00 | CN¥22.44 | x |
| 2010-12-31 | CN¥1.13 | CN¥22.44 | x |
| 2011-12-31 | CN¥1.67 | CN¥22.44 | x |
| 2012-12-31 | CN¥2.00 | CN¥22.44 | x |
| 2013-12-31 | CN¥2.36 | CN¥22.44 | x |
| 2014-12-31 | CN¥2.70 | CN¥22.44 | x |
| 2015-12-31 | CN¥3.03 | CN¥22.44 | x |
| 2016-12-31 | CN¥5.74 | CN¥22.44 | x |
| 2017-12-31 | CN¥4.60 | CN¥22.44 | x |
| 2018-12-31 | CN¥4.72 | CN¥22.44 | x |
| 2019-12-31 | CN¥4.76 | CN¥22.44 | x |
| 2020-12-31 | CN¥4.91 | CN¥22.44 | x |
| 2021-12-31 | CN¥4.98 | CN¥22.44 | x |
| 2022-12-31 | CN¥4.86 | CN¥22.44 | x |
| 2023-12-31 | CN¥5.06 | CN¥22.44 | x |
| 2024-12-31 | CN¥5.11 | CN¥22.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Mingdiao Decoration 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): 6.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.04%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.03x
- Recent ROE (6.07%) is below the historical average (17.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 55.17% | 9.52% | 2.41x | 2.40x | CN¥15.63 Million |
| 2009 | 36.84% | 10.16% | 1.97x | 1.84x | CN¥20.89 Million |
| 2010 | 39.89% | 10.75% | 2.07x | 1.79x | CN¥33.74 Million |
| 2011 | 32.28% | 10.20% | 1.65x | 1.92x | CN¥37.13 Million |
| 2012 | 23.99% | 8.76% | 1.36x | 2.02x | CN¥27.92 Million |
| 2013 | 21.58% | 7.67% | 1.27x | 2.22x | CN¥27.26 Million |
| 2014 | 18.55% | 7.12% | 1.27x | 2.06x | CN¥23.12 Million |
| 2015 | 15.84% | 7.14% | 1.05x | 2.11x | CN¥17.73 Million |
| 2016 | 8.89% | 7.32% | 0.74x | 1.64x | CN¥-6.33 Million |
| 2017 | 8.48% | 6.93% | 0.67x | 1.82x | CN¥-9.25 Million |
| 2018 | 7.20% | 6.01% | 0.63x | 1.89x | CN¥-17.88 Million |
| 2019 | 3.78% | 2.70% | 0.69x | 2.04x | CN¥-39.88 Million |
| 2020 | 3.47% | 2.58% | 0.58x | 2.32x | CN¥-42.22 Million |
| 2021 | 4.42% | 3.29% | 0.53x | 2.51x | CN¥-36.79 Million |
| 2022 | 2.88% | 2.29% | 0.57x | 2.20x | CN¥-46.88 Million |
| 2023 | 5.74% | 4.98% | 0.54x | 2.13x | CN¥-29.05 Million |
| 2024 | 6.07% | 6.04% | 0.50x | 2.03x | CN¥-26.35 Million |
Industry Comparison
This section compares Shenzhen Mingdiao Decoration Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Mingdiao Decoration Co Ltd (002830) | CN¥670.87 Million | 55.17% | 1.12x | $99.57 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |