Dingli Communications Corp Ltd (300050) - Net Assets

Latest as of September 2025: CN¥410.06 Million CNY ≈ $60.00 Million USD

Based on the latest financial reports, Dingli Communications Corp Ltd (300050) has net assets worth CN¥410.06 Million CNY (≈ $60.00 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¥603.41 Million ≈ $88.30 Million USD) and total liabilities (CN¥193.36 Million ≈ $28.29 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 300050 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 300050 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Dingli Communications Corp Ltd (300050) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥396.45 Million ≈ $58.01 Million	-15.18%
2023-12-31	CN¥467.39 Million ≈ $68.39 Million	-31.88%
2022-12-31	CN¥686.15 Million ≈ $100.41 Million	-32.18%
2021-12-31	CN¥1.01 Billion ≈ $148.06 Million	-58.24%
2020-12-31	CN¥2.42 Billion ≈ $354.55 Million	+1.44%
2019-12-31	CN¥2.39 Billion ≈ $349.52 Million	-16.38%
2018-12-31	CN¥2.86 Billion ≈ $417.97 Million	+2.02%
2017-12-31	CN¥2.80 Billion ≈ $409.70 Million	+29.98%
2016-12-31	CN¥2.15 Billion ≈ $315.20 Million	+4.23%
2015-12-31	CN¥2.07 Billion ≈ $302.40 Million	+5.38%
2014-12-31	CN¥1.96 Billion ≈ $286.96 Million	+39.20%
2013-12-31	CN¥1.41 Billion ≈ $206.16 Million	-10.61%
2012-12-31	CN¥1.58 Billion ≈ $230.63 Million	-2.10%
2011-12-31	CN¥1.61 Billion ≈ $235.57 Million	+3.36%
2010-12-31	CN¥1.56 Billion ≈ $227.92 Million	+608.51%
2009-12-31	CN¥219.84 Million ≈ $32.17 Million	+90.69%
2008-12-31	CN¥115.28 Million ≈ $16.87 Million	+51.10%
2007-12-31	CN¥76.29 Million ≈ $11.16 Million	+42.30%
2006-12-31	CN¥53.61 Million ≈ $7.85 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
Docebo Inc TO:DCBO	$582.02 Million
Shandong Link Science and Technology Co Ltd SHE:001207	$582.05 Million
Caribbean Utilities Company Ltd TO:CUP-U	$582.50 Million
Reunert JSE:RLO	$582.72 Million
Dezhou United Petroleum Technology Co.Ltd. SHE:301158	$582.00 Million
Queen's Road Capital Investment Ltd. TO:QRC	$581.95 Million
Vital Farms Inc NASDAQ:VITL	$581.91 Million
Beijing Quanshi World Online Net SHE:002995	$581.66 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: 9.83x
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 43.79x to 9.83x 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¥7.30	x
2007-12-31	CN¥0.24	CN¥7.30	x
2008-12-31	CN¥0.36	CN¥7.30	x
2009-12-31	CN¥0.68	CN¥7.30	x
2010-12-31	CN¥3.65	CN¥7.30	x
2011-12-31	CN¥3.66	CN¥7.30	x
2012-12-31	CN¥3.64	CN¥7.30	x
2013-12-31	CN¥3.26	CN¥7.30	x
2014-12-31	CN¥4.47	CN¥7.30	x
2015-12-31	CN¥4.14	CN¥7.30	x
2016-12-31	CN¥4.29	CN¥7.30	x
2017-12-31	CN¥5.23	CN¥7.30	x
2018-12-31	CN¥5.03	CN¥7.30	x
2019-12-31	CN¥4.40	CN¥7.30	x
2020-12-31	CN¥4.45	CN¥7.30	x
2021-12-31	CN¥1.86	CN¥7.30	x
2022-12-31	CN¥1.26	CN¥7.30	x
2023-12-31	CN¥0.85	CN¥7.30	x
2024-12-31	CN¥0.74	CN¥7.30	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: $898,770,882
Average return on equity (ROE) among peers: 5.15%

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	$582.02 Million
Beijing Bewinner Communications Co Ltd (002148)	$1.22 Billion	10.61%	0.11x	$645.38 Million
Net263 Ltd (002467)	$132.02 Million	11.11%	0.91x	$1.37 Billion
Runjian Communication Co Ltd Class A (002929)	$1.19 Billion	20.13%	1.01x	$2.48 Billion
Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025)	$458.15 Million	6.12%	0.99x	$428.10 Million
Fuchun Technology Co Ltd (300299)	$406.51 Million	2.82%	0.14x	$622.24 Million
Zhong Fu Tong Co Ltd (300560)	$1.10 Billion	-4.80%	1.47x	$484.45 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766)	$1.58 Billion	-4.10%	0.17x	$1.69 Billion
NOVA Technology Corporation Limited (300921)	$812.59 Million	2.25%	0.17x	$724.56 Million
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959)	$1.19 Billion	2.22%	0.12x	$1.11 Billion

About Dingli Communications Corp Ltd

SHE:300050 China Telecom Services

Market Cap

$582.02 Million

CN¥3.98 Billion CNY

Market Cap Rank

#11779 Global

#3604 in China

Share Price

CN¥7.30

Change (1 day)

+3.25%

52-Week Range

CN¥5.25 - CN¥7.86

All Time High

CN¥19.78