Dingli Communications Corp Ltd
Dingli Corp., Ltd., together with its subsidiaries, provides mobile network test and measurement solutions worldwide. The company provides pilot wireless network, smart cell, drive test/outdoor test, indoor test, autonomous measurement, laboratory automation, and post processing products, as well as pilot performer, pilot lite probe, pilot we test, pilot scout, pilot matrix, pilot foresight, pilo… Read more
Dingli Communications Corp Ltd (300050) - Net Assets
Latest net assets as of September 2025: CN¥410.06 Million CNY
Based on the latest financial reports, Dingli Communications Corp Ltd (300050) has net assets worth CN¥410.06 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¥603.41 Million) and total liabilities (CN¥193.36 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¥410.06 Million |
| % of Total Assets | 67.96% |
| Annual Growth Rate | 11.76% |
| 5-Year Change | -83.64% |
| 10-Year Change | -80.82% |
| Growth Volatility | 142.08 |
Dingli Communications Corp Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Dingli Communications Corp 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 Dingli Communications Corp Ltd (2006–2024)
The table below shows the annual net assets of Dingli Communications Corp Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥396.45 Million | -15.18% |
| 2023-12-31 | CN¥467.39 Million | -31.88% |
| 2022-12-31 | CN¥686.15 Million | -32.18% |
| 2021-12-31 | CN¥1.01 Billion | -58.24% |
| 2020-12-31 | CN¥2.42 Billion | +1.44% |
| 2019-12-31 | CN¥2.39 Billion | -16.38% |
| 2018-12-31 | CN¥2.86 Billion | +2.02% |
| 2017-12-31 | CN¥2.80 Billion | +29.98% |
| 2016-12-31 | CN¥2.15 Billion | +4.23% |
| 2015-12-31 | CN¥2.07 Billion | +5.38% |
| 2014-12-31 | CN¥1.96 Billion | +39.20% |
| 2013-12-31 | CN¥1.41 Billion | -10.61% |
| 2012-12-31 | CN¥1.58 Billion | -2.10% |
| 2011-12-31 | CN¥1.61 Billion | +3.36% |
| 2010-12-31 | CN¥1.56 Billion | +608.51% |
| 2009-12-31 | CN¥219.84 Million | +90.69% |
| 2008-12-31 | CN¥115.28 Million | +51.10% |
| 2007-12-31 | CN¥76.29 Million | +42.30% |
| 2006-12-31 | CN¥53.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dingli Communications Corp 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 5970.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥544.85 Million | 138.08% |
| Other Comprehensive Income | CN¥115.14 Million | 29.18% |
| Other Components | CN¥1.70 Billion | 430.87% |
| Total Equity | CN¥394.60 Million | 100.00% |
Dingli Communications Corp Ltd Competitors by Market Cap
The table below lists competitors of Dingli Communications Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MEC Company Ltd.
PINK:MECGF
|
$380.40 Million |
|
Kangxin New Materials Co Ltd
SHG:600076
|
$380.51 Million |
|
FILTRONIC PLC LS-001
F:FTI
|
$380.53 Million |
|
Vinh Son Song Hinh Hydropower JSC
VN:VSH
|
$380.55 Million |
|
Enjoyor
SHE:300020
|
$380.16 Million |
|
CellaVision AB (publ)
PINK:CLVSF
|
$380.14 Million |
|
Heilongjiang ZBD Pharmaceutical Co Ltd
SHG:603567
|
$380.07 Million |
|
Fine Organic Industries Limited
NSE:FINEORG
|
$379.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dingli Communications Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 468,517,000 to 394,595,000, a change of -73,922,000 (-15.8%).
- Net loss of 74,400,000 reduced equity.
- Dividend payments of 1,124,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,478,094.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-74.40 Million | -18.85% |
| Dividends Paid | CN¥1.12 Million | -0.28% |
| Other Comprehensive Income | CN¥5.48 Million | +1.39% |
| Other Changes | CN¥-3.88 Million | -0.98% |
| Total Change | CN¥- | -15.78% |
Book Value vs Market Value Analysis
This analysis compares Dingli Communications Corp 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: 8.47x
- 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 37.73x to 8.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.17 | CN¥6.29 | x |
| 2007-12-31 | CN¥0.24 | CN¥6.29 | x |
| 2008-12-31 | CN¥0.36 | CN¥6.29 | x |
| 2009-12-31 | CN¥0.68 | CN¥6.29 | x |
| 2010-12-31 | CN¥3.65 | CN¥6.29 | x |
| 2011-12-31 | CN¥3.66 | CN¥6.29 | x |
| 2012-12-31 | CN¥3.64 | CN¥6.29 | x |
| 2013-12-31 | CN¥3.26 | CN¥6.29 | x |
| 2014-12-31 | CN¥4.47 | CN¥6.29 | x |
| 2015-12-31 | CN¥4.14 | CN¥6.29 | x |
| 2016-12-31 | CN¥4.29 | CN¥6.29 | x |
| 2017-12-31 | CN¥5.23 | CN¥6.29 | x |
| 2018-12-31 | CN¥5.03 | CN¥6.29 | x |
| 2019-12-31 | CN¥4.40 | CN¥6.29 | x |
| 2020-12-31 | CN¥4.45 | CN¥6.29 | x |
| 2021-12-31 | CN¥1.86 | CN¥6.29 | x |
| 2022-12-31 | CN¥1.26 | CN¥6.29 | x |
| 2023-12-31 | CN¥0.85 | CN¥6.29 | x |
| 2024-12-31 | CN¥0.74 | CN¥6.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dingli Communications Corp 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): -18.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.40%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.57x
- Recent ROE (-18.85%) is below the historical average (-4.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 33.00% | 32.86% | 0.83x | 1.21x | CN¥12.33 Million |
| 2007 | 34.64% | 39.64% | 0.64x | 1.36x | CN¥18.80 Million |
| 2008 | 33.82% | 28.53% | 0.85x | 1.40x | CN¥27.46 Million |
| 2009 | 51.40% | 34.00% | 1.10x | 1.38x | CN¥89.68 Million |
| 2010 | 12.34% | 40.82% | 0.28x | 1.08x | CN¥35.88 Million |
| 2011 | 5.60% | 23.50% | 0.22x | 1.07x | CN¥-69.49 Million |
| 2012 | 0.82% | 3.45% | 0.22x | 1.07x | CN¥-141.85 Million |
| 2013 | -4.90% | -19.72% | 0.23x | 1.09x | CN¥-210.43 Million |
| 2014 | 2.24% | 9.81% | 0.19x | 1.21x | CN¥-152.06 Million |
| 2015 | 5.55% | 16.44% | 0.29x | 1.18x | CN¥-91.70 Million |
| 2016 | 5.59% | 16.30% | 0.30x | 1.16x | CN¥-94.57 Million |
| 2017 | 4.01% | 12.67% | 0.25x | 1.26x | CN¥-167.13 Million |
| 2018 | 1.99% | 5.77% | 0.27x | 1.28x | CN¥-228.69 Million |
| 2019 | -20.33% | -39.05% | 0.38x | 1.38x | CN¥-724.82 Million |
| 2020 | 1.07% | 3.84% | 0.22x | 1.27x | CN¥-216.62 Million |
| 2021 | -138.38% | -371.27% | 0.24x | 1.57x | CN¥-1.50 Billion |
| 2022 | -55.07% | -80.92% | 0.44x | 1.54x | CN¥-447.47 Million |
| 2023 | -45.91% | -59.38% | 0.45x | 1.72x | CN¥-261.93 Million |
| 2024 | -18.85% | -26.40% | 0.46x | 1.57x | CN¥-113.86 Million |
Industry Comparison
This section compares Dingli Communications Corp Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,596,431,890
- Average return on equity (ROE) among peers: 5.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dingli Communications Corp Ltd (300050) | CN¥410.06 Million | 33.00% | 0.47x | $380.27 Million |
| Beijing Bewinner Communications Co Ltd (002148) | $1.22 Billion | 10.61% | 0.11x | $437.69 Million |
| Net263 Ltd (002467) | $1.05 Billion | 6.60% | 0.09x | $1.15 Billion |
| Runjian Communication Co Ltd Class A (002929) | $5.98 Billion | 7.34% | 1.48x | $1.04 Billion |
| Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) | $673.56 Million | 2.07% | 0.39x | $332.87 Million |
| Fuchun Technology Co Ltd (300299) | $531.11 Million | 14.13% | 0.92x | $421.56 Million |
| Zhong Fu Tong Co Ltd (300560) | $230.82 Million | 0.00% | 0.55x | $288.57 Million |
| Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) | $1.67 Billion | -2.99% | 0.22x | $1.46 Billion |
| Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) | $1.17 Billion | 4.30% | 0.15x | $530.67 Million |
| Wintao Communications Co. Ltd (301139) | $1.85 Billion | 6.79% | 0.51x | $169.25 Million |