Dongguan Aohai Technology Co Net Assets
Dongguan Aohai Technology Co net assets. Based on the latest financial reports, Dongguan Aohai Technology Co (002993) has net assets worth CN¥4.85 Billion CNY (≈ $710.44 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¥12.47 Billion ≈ $1.82 Billion USD) and total liabilities (CN¥7.62 Billion ≈ $1.11 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. Also explore net asset growth rate of Dongguan Aohai Technology Co to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.85 Billion |
| % of Total Assets | 38.93% |
| Annual Growth Rate | 32.07% |
| 5-Year Change | 99.15% |
| 10-Year Change | N/A |
| Growth Volatility | 56.2 |
Net Assets of Dongguan Aohai Technology Co (2016–2025)
Net assets of Dongguan Aohai Technology Co from 2016 to 2025. This chart illustrates how Dongguan Aohai Technology Co's net assets have evolved over time, based on quarterly financial data. See Dongguan Aohai Technology Co balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Dongguan Aohai Technology Co (2016–2025)
The table below shows the annual net assets of Dongguan Aohai Technology Co from 2016 to 2025. For live market cap and overall valuation, see market value of Dongguan Aohai Technology Co.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.98 Billion ≈ $728.50 Million |
-0.64% |
| 2024-12-31 | CN¥5.01 Billion ≈ $733.16 Million |
+3.07% |
| 2023-12-31 | CN¥4.86 Billion ≈ $711.34 Million |
+5.13% |
| 2022-12-31 | CN¥4.62 Billion ≈ $676.59 Million |
+84.96% |
| 2021-12-31 | CN¥2.50 Billion ≈ $365.81 Million |
+12.80% |
| 2020-12-31 | CN¥2.22 Billion ≈ $324.30 Million |
+182.53% |
| 2019-12-31 | CN¥784.42 Million ≈ $114.79 Million |
+39.91% |
| 2018-12-31 | CN¥560.67 Million ≈ $82.04 Million |
+25.35% |
| 2017-12-31 | CN¥447.29 Million ≈ $65.45 Million |
+9.83% |
| 2016-12-31 | CN¥407.26 Million ≈ $59.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dongguan Aohai Technology Co'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 647.0% over the analyzed period, indicating profitable operations and earnings retention.
Dongguan Aohai Technology Co Net Assets Breakdown (December 2025)
Dongguan Aohai Technology Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.76 Billion | 36.45% |
| Other Components | CN¥3.07 Billion | 63.55% |
| Total Equity | CN¥4.83 Billion | 100.00% |
Dongguan Aohai Technology Co Competitors by Market Cap
The table below lists competitors of Dongguan Aohai Technology Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cargojet Inc
TO:CJT
|
$1.01 Billion |
|
Kumho Tire
KO:073240
|
$1.01 Billion |
|
Peptron Inc
KQ:087010
|
$1.01 Billion |
|
Arcadyan Technology Corp
TW:3596
|
$1.01 Billion |
|
Mercantile Bank Corporation
NASDAQ:MBWM
|
$1.01 Billion |
|
Darbond Technology Co. Ltd. A
SHG:688035
|
$1.01 Billion |
|
Glenveagh Properties PLC
IR:GVR
|
$1.01 Billion |
|
Heineken Bhd
KLSE:3255
|
$1.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongguan Aohai Technology Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,916,840,400 to 4,833,940,808, a change of -82,899,592 (-1.7%).
- Net income of 422,387,684 contributed positively to equity growth.
- Dividend payments of 420,328,356 reduced retained earnings.
- Other factors decreased equity by 84,958,919.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥422.39 Million | +8.74% |
| Dividends Paid | CN¥420.33 Million | -8.7% |
| Other Changes | CN¥-84.96 Million | -1.76% |
| Total Change | CN¥- | -1.69% |
Book Value vs Market Value Analysis
This analysis compares Dongguan Aohai Technology Co'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: 1.42x
- 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 9.56x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.61 | CN¥24.91 | x |
| 2017-12-31 | CN¥2.55 | CN¥24.91 | x |
| 2018-12-31 | CN¥3.19 | CN¥24.91 | x |
| 2019-12-31 | CN¥4.44 | CN¥24.91 | x |
| 2020-12-31 | CN¥11.32 | CN¥24.91 | x |
| 2021-12-31 | CN¥10.60 | CN¥24.91 | x |
| 2022-12-31 | CN¥18.38 | CN¥24.91 | x |
| 2023-12-31 | CN¥17.21 | CN¥24.91 | x |
| 2024-12-31 | CN¥17.77 | CN¥24.91 | x |
| 2025-12-31 | CN¥17.51 | CN¥24.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongguan Aohai Technology Co 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): 8.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.90%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.04x
- Recent ROE (8.74%) is below the historical average (16.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 39.25% | 15.80% | 1.22x | 2.03x | CN¥119.13 Million |
| 2017 | 11.46% | 4.45% | 1.02x | 2.53x | CN¥6.54 Million |
| 2018 | 20.28% | 6.85% | 1.01x | 2.93x | CN¥57.65 Million |
| 2019 | 28.24% | 9.57% | 1.04x | 2.83x | CN¥143.09 Million |
| 2020 | 14.85% | 11.17% | 0.70x | 1.89x | CN¥107.42 Million |
| 2021 | 13.67% | 8.04% | 0.84x | 2.03x | CN¥91.76 Million |
| 2022 | 9.58% | 9.80% | 0.63x | 1.54x | CN¥-19.33 Million |
| 2023 | 9.24% | 8.52% | 0.62x | 1.76x | CN¥-36.38 Million |
| 2024 | 9.45% | 7.24% | 0.72x | 1.82x | CN¥-26.82 Million |
| 2025 | 8.74% | 5.90% | 0.72x | 2.04x | CN¥-61.01 Million |
Industry Comparison
This section compares Dongguan Aohai Technology Co's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,194,081,674
- Average return on equity (ROE) among peers: 13.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongguan Aohai Technology Co (002993) | CN¥4.85 Billion | 39.25% | 1.57x | $1.01 Billion |
| XJ Electric Co Ltd (000400) | $2.76 Billion | 5.32% | 1.09x | $3.70 Billion |
| Guangdong Macro Co Ltd (000533) | $627.50 Million | 10.89% | 1.21x | $870.37 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $1.97 Billion | 10.42% | 0.19x | $899.68 Million |
| Dongfang Electronics Co Ltd (000682) | $275.30 Million | 25.65% | 0.27x | $1.88 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.54 Billion | 2.10% | 1.51x | $571.84 Million |
| Huagong Tech Co Ltd (000988) | $141.93 Million | 21.53% | 0.30x | $8.82 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $1.12 Billion |
| Sieyuan Electric Co Ltd (002028) | $2.82 Billion | 5.45% | 0.34x | $12.47 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $443.54 Million |
| Gotion High tech Co Ltd (002074) | $105.54 Million | 20.87% | 1.30x | $6.27 Billion |
About Dongguan Aohai Technology Co
Dongguan Aohai Technology Co., Ltd. designs, research, develops, produces, and sells consumer electronics products in China and internationally. The company's products include smart phone chargers, adapters, server power supply, wireless chargers, power for PC and electric tools, portable energy storage, power bank, and smart home and outdoor appliances. Dongguan Aohai Technology Co., Ltd. was fo… Read more