Dingli Communications Corp Ltd (300050) - Net Assets
Based on the latest financial reports, Dingli Communications Corp Ltd (300050) has net assets worth CN¥415.41 Million CNY (≈ $60.79 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥592.26 Million ≈ $86.67 Million USD) and total liabilities (CN¥176.85 Million ≈ $25.88 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 Dingli Communications Corp Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥415.41 Million |
| % of Total Assets | 70.14% |
| Annual Growth Rate | 11.33% |
| 5-Year Change | -59.3% |
| 10-Year Change | -80.88% |
| Growth Volatility | 138.52 |
Dingli Communications Corp Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Dingli Communications Corp Ltd's net assets have evolved over time, based on quarterly financial data. See Dingli Communications Corp Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dingli Communications Corp Ltd (2006–2025)
The table below shows the annual net assets of Dingli Communications Corp Ltd from 2006 to 2025. For live valuation and market cap data, see Dingli Communications Corp Ltd (300050) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥411.77 Million ≈ $60.25 Million |
+3.86% |
| 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 |
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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 5924.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥544.85 Million | 133.08% |
| Other Comprehensive Income | CN¥114.46 Million | 27.96% |
| Other Components | CN¥1.70 Billion | 415.27% |
| Total Equity | CN¥409.42 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 |
|---|---|
|
Raymond Lifestyle Ltd
NSE:RAYMONDLSL
|
$537.51 Million |
|
Blumar
SN:BLUMAR
|
$537.57 Million |
|
Shenzhen Longtech Smart Control Co. Ltd.
SHE:300916
|
$537.83 Million |
|
China Wuyi Co Ltd
SHE:000797
|
$537.85 Million |
|
LUBAWA SA
WAR:LBW
|
$537.22 Million |
|
Sariguna Primatirta PT
JK:CLEO
|
$537.21 Million |
|
Probe Gold Inc.
TO:PRB
|
$537.15 Million |
|
Cuckoo Electronics Co Ltd
KO:192400
|
$537.07 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 2024 to 2025, total equity changed from 394,595,000 to 409,415,058, a change of 14,820,058 (3.8%).
- Net income of 15,499,079 contributed positively to equity growth.
- Dividend payments of 178,437 reduced retained earnings.
- Other comprehensive income decreased equity by 678,844.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥15.50 Million | +3.79% |
| Dividends Paid | CN¥178.44K | -0.04% |
| Other Comprehensive Income | CN¥-678.84K | -0.17% |
| Other Changes | CN¥178.26K | +0.04% |
| Total Change | CN¥- | 3.76% |
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: 9.43x
- 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 40.43x to 9.43x 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¥6.74 | x |
| 2007-12-31 | CN¥0.24 | CN¥6.74 | x |
| 2008-12-31 | CN¥0.36 | CN¥6.74 | x |
| 2009-12-31 | CN¥0.68 | CN¥6.74 | x |
| 2010-12-31 | CN¥3.65 | CN¥6.74 | x |
| 2011-12-31 | CN¥3.66 | CN¥6.74 | x |
| 2012-12-31 | CN¥3.64 | CN¥6.74 | x |
| 2013-12-31 | CN¥3.26 | CN¥6.74 | x |
| 2014-12-31 | CN¥4.47 | CN¥6.74 | x |
| 2015-12-31 | CN¥4.14 | CN¥6.74 | x |
| 2016-12-31 | CN¥4.29 | CN¥6.74 | x |
| 2017-12-31 | CN¥5.23 | CN¥6.74 | x |
| 2018-12-31 | CN¥5.03 | CN¥6.74 | x |
| 2019-12-31 | CN¥4.40 | CN¥6.74 | x |
| 2020-12-31 | CN¥4.68 | CN¥6.74 | x |
| 2021-12-31 | CN¥1.80 | CN¥6.74 | x |
| 2022-12-31 | CN¥1.22 | CN¥6.74 | x |
| 2023-12-31 | CN¥0.85 | CN¥6.74 | x |
| 2024-12-31 | CN¥0.74 | CN¥6.74 | x |
| 2025-12-31 | CN¥0.71 | CN¥6.74 | 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): 3.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.32%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.47x
- Recent ROE (3.79%) is above the historical average (-4.33%), indicating improving 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 | -20.20% | -38.80% | 0.38x | 1.38x | CN¥-721.73 Million |
| 2020 | 1.07% | 3.84% | 0.22x | 1.27x | CN¥-216.62 Million |
| 2021 | -137.80% | -369.72% | 0.24x | 1.57x | CN¥-1.49 Billion |
| 2022 | -54.76% | -80.47% | 0.44x | 1.54x | CN¥-445.36 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 |
| 2025 | 3.79% | 5.32% | 0.48x | 1.47x | CN¥-25.44 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: $1,070,714,082
- Average return on equity (ROE) among peers: 6.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dingli Communications Corp Ltd (300050) | CN¥415.41 Million | 33.00% | 0.43x | $537.37 Million |
| Beijing Bewinner Communications Co Ltd (002148) | $1.13 Billion | -2.52% | 0.10x | $511.02 Million |
| Net263 Ltd (002467) | $2.02 Billion | 3.39% | 0.17x | $1.04 Billion |
| Runjian Communication Co Ltd Class A (002929) | $946.00 Million | 18.90% | 1.02x | $2.58 Billion |
| Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) | $800.19 Million | -16.68% | 2.76x | $336.52 Million |
| Fuchun Technology Co Ltd (300299) | $531.11 Million | 14.13% | 0.92x | $514.15 Million |
| Zhong Fu Tong Co Ltd (300560) | $1.14 Billion | 3.14% | 1.37x | $630.35 Million |
| Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) | $1.13 Billion | 21.95% | 0.08x | $1.39 Billion |
| NOVA Technology Corporation Limited (300921) | $805.10 Million | 9.45% | 0.14x | $598.69 Million |
| Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) | $1.13 Billion | 7.48% | 0.04x | $1.88 Billion |
About 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