XiAn Dagang Road Machinery Co (300103) - Net Assets
Based on the latest financial reports, XiAn Dagang Road Machinery Co (300103) has net assets worth CN¥508.67 Million CNY (≈ $74.43 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥788.42 Million ≈ $115.37 Million USD) and total liabilities (CN¥279.74 Million ≈ $40.94 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 300103 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥508.67 Million |
| % of Total Assets | 64.52% |
| Annual Growth Rate | 12.24% |
| 5-Year Change | -60.46% |
| 10-Year Change | -37.21% |
| Growth Volatility | 89.32 |
XiAn Dagang Road Machinery Co - Net Assets Trend (2007–2024)
This chart illustrates how XiAn Dagang Road Machinery Co's net assets have evolved over time, based on quarterly financial data. Also explore XiAn Dagang Road Machinery Co assets under control for the complete picture of this company's asset base.
Annual Net Assets for XiAn Dagang Road Machinery Co (2007–2024)
The table below shows the annual net assets of XiAn Dagang Road Machinery Co from 2007 to 2024. For live valuation and market cap data, see 300103 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥526.50 Million ≈ $77.04 Million |
-18.52% |
| 2023-12-31 | CN¥646.20 Million ≈ $94.56 Million |
-35.77% |
| 2022-12-31 | CN¥1.01 Billion ≈ $147.21 Million |
-26.63% |
| 2021-12-31 | CN¥1.37 Billion ≈ $200.65 Million |
+2.97% |
| 2020-12-31 | CN¥1.33 Billion ≈ $194.86 Million |
+9.16% |
| 2019-12-31 | CN¥1.22 Billion ≈ $178.50 Million |
+32.95% |
| 2018-12-31 | CN¥917.53 Million ≈ $134.26 Million |
+3.49% |
| 2017-12-31 | CN¥886.60 Million ≈ $129.74 Million |
+3.78% |
| 2016-12-31 | CN¥854.34 Million ≈ $125.02 Million |
+1.88% |
| 2015-12-31 | CN¥838.54 Million ≈ $122.70 Million |
+3.88% |
| 2014-12-31 | CN¥807.25 Million ≈ $118.13 Million |
+3.88% |
| 2013-12-31 | CN¥777.08 Million ≈ $113.71 Million |
+7.40% |
| 2012-12-31 | CN¥723.52 Million ≈ $105.87 Million |
+4.30% |
| 2011-12-31 | CN¥693.69 Million ≈ $101.51 Million |
+8.20% |
| 2010-12-31 | CN¥641.14 Million ≈ $93.82 Million |
+374.87% |
| 2009-12-31 | CN¥135.01 Million ≈ $19.76 Million |
+19.08% |
| 2008-12-31 | CN¥113.38 Million ≈ $16.59 Million |
+53.40% |
| 2007-12-31 | CN¥73.91 Million ≈ $10.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to XiAn Dagang Road Machinery 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 decreased by 3732.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥637.54 Million | 124.29% |
| Total Equity | CN¥512.94 Million | 100.00% |
XiAn Dagang Road Machinery Co Competitors by Market Cap
The table below lists competitors of XiAn Dagang Road Machinery Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sysgration Ltd
TWO:5309
|
$383.52 Million |
|
Companhia Brasileira de Distribuição
MX:CBDN
|
$383.53 Million |
|
Djurslands Bank
CO:DJUR
|
$383.69 Million |
|
Daqing Huake Co Ltd
SHE:000985
|
$383.77 Million |
|
Napatech A/S
OL:NAPA
|
$383.40 Million |
|
Commercial Bancgroup, Inc. Common Stock
NASDAQ:CBK
|
$383.27 Million |
|
Chengdu Lihang Technology Co.Ltd.
SHG:603261
|
$383.23 Million |
|
Natures Sunshine Products Inc
NASDAQ:NATR
|
$383.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XiAn Dagang Road Machinery Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 628,871,428 to 512,940,917, a change of -115,930,510 (-18.4%).
- Net loss of 115,389,809 reduced equity.
- Dividend payments of 5,493,215 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-115.39 Million | -22.5% |
| Dividends Paid | CN¥5.49 Million | -1.07% |
| Other Changes | CN¥4.95 Million | +0.97% |
| Total Change | CN¥- | -18.43% |
Book Value vs Market Value Analysis
This analysis compares XiAn Dagang Road Machinery 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: 5.11x
- 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 increased from 2.96x to 5.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.79 | CN¥8.25 | x |
| 2018-12-31 | CN¥2.88 | CN¥8.25 | x |
| 2019-12-31 | CN¥3.07 | CN¥8.25 | x |
| 2020-12-31 | CN¥3.33 | CN¥8.25 | x |
| 2021-12-31 | CN¥3.38 | CN¥8.25 | x |
| 2022-12-31 | CN¥2.32 | CN¥8.25 | x |
| 2023-12-31 | CN¥1.98 | CN¥8.25 | x |
| 2024-12-31 | CN¥1.62 | CN¥8.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XiAn Dagang Road Machinery 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): -22.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.39%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.73x
- Recent ROE (-22.50%) is below the historical average (5.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 41.37% | 37.93% | 0.63x | 1.72x | CN¥23.19 Million |
| 2008 | 34.81% | 38.00% | 0.65x | 1.41x | CN¥28.13 Million |
| 2009 | 34.18% | 34.55% | 0.79x | 1.26x | CN¥32.64 Million |
| 2010 | 8.16% | 34.19% | 0.23x | 1.05x | CN¥-11.79 Million |
| 2011 | 9.46% | 28.07% | 0.32x | 1.05x | CN¥-3.74 Million |
| 2012 | 7.37% | 22.06% | 0.28x | 1.20x | CN¥-19.00 Million |
| 2013 | 8.23% | 11.98% | 0.57x | 1.21x | CN¥-13.76 Million |
| 2014 | 6.25% | 15.60% | 0.34x | 1.17x | CN¥-30.31 Million |
| 2015 | 4.49% | 16.60% | 0.22x | 1.21x | CN¥-46.20 Million |
| 2016 | 2.77% | 10.76% | 0.22x | 1.17x | CN¥-61.79 Million |
| 2017 | 4.89% | 14.76% | 0.29x | 1.15x | CN¥-45.33 Million |
| 2018 | 2.10% | 8.21% | 0.22x | 1.14x | CN¥-72.28 Million |
| 2019 | 5.10% | 4.25% | 0.56x | 2.14x | CN¥-47.82 Million |
| 2020 | 6.08% | 5.03% | 0.55x | 2.20x | CN¥-41.49 Million |
| 2021 | 2.51% | 2.67% | 0.45x | 2.09x | CN¥-80.45 Million |
| 2022 | -45.89% | -85.99% | 0.23x | 2.36x | CN¥-411.40 Million |
| 2023 | -17.27% | -42.71% | 0.24x | 1.70x | CN¥-171.51 Million |
| 2024 | -22.50% | -74.39% | 0.17x | 1.73x | CN¥-166.68 Million |
Industry Comparison
This section compares XiAn Dagang Road Machinery Co's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,095,702,889
- Average return on equity (ROE) among peers: 10.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XiAn Dagang Road Machinery Co (300103) | CN¥508.67 Million | 41.37% | 0.55x | $383.42 Million |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.66 Billion | 23.08% | 1.16x | $8.26 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $432.44 Million | 9.34% | 1.91x | $17.11 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $17.17 Billion | 3.49% | 1.46x | $2.88 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $5.54 Billion | 19.91% | 2.30x | $2.61 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.18 Billion | 7.08% | 1.44x | $683.93 Million |
| HBIS Resources Co Ltd (000923) | $134.08 Million | 18.10% | 1.91x | $1.60 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $6.39 Billion | 14.04% | 3.23x | $3.76 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $547.44 Million | 3.75% | 1.51x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $4.76 Billion | 1.05% | 3.39x | $1.56 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $3.14 Billion | 2.38% | 1.05x | $857.91 Million |
About XiAn Dagang Road Machinery Co
Dagang Holding Group Co.,Ltd. engages in the research and development, manufacture, sale, and servicing of road construction and maintenance machineries and equipment in China. It offers pavement maintenance machines, including asphalt pavement maintenance trucks, pavement maintenance vehicles, binding agent spreaders, self-propelled road widening machines, crack sealing machines, asphalt crack s… Read more