DongHua Testing Technology Co Ltd
DongHua Testing Technology Co. , Ltd. provides structural mechanical properties research and solutions for electrochemical workstations in China. The company offers structural mechanical performance products, including data acquisition system, software platforms, sensors, experimental teaching system, metrology calibration products, and attachment and other products; customized measurement and co… Read more
DongHua Testing Technology Co Ltd (300354) - Net Assets
Latest net assets as of September 2025: CN¥825.26 Million CNY
Based on the latest financial reports, DongHua Testing Technology Co Ltd (300354) has net assets worth CN¥825.26 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¥930.48 Million) and total liabilities (CN¥105.22 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¥825.26 Million |
| % of Total Assets | 88.69% |
| Annual Growth Rate | 21.98% |
| 5-Year Change | 76.99% |
| 10-Year Change | 122.29% |
| Growth Volatility | 55.16 |
DongHua Testing Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how DongHua Testing Technology Co 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 DongHua Testing Technology Co Ltd (2009–2024)
The table below shows the annual net assets of DongHua Testing Technology Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥756.62 Million | +13.57% |
| 2023-12-31 | CN¥666.19 Million | +11.07% |
| 2022-12-31 | CN¥599.79 Million | +21.25% |
| 2021-12-31 | CN¥494.68 Million | +15.72% |
| 2020-12-31 | CN¥427.48 Million | +11.31% |
| 2019-12-31 | CN¥384.04 Million | +7.34% |
| 2018-12-31 | CN¥357.77 Million | +2.84% |
| 2017-12-31 | CN¥347.90 Million | +0.79% |
| 2016-12-31 | CN¥345.18 Million | +1.41% |
| 2015-12-31 | CN¥340.38 Million | +2.55% |
| 2014-12-31 | CN¥331.92 Million | +0.22% |
| 2013-12-31 | CN¥331.19 Million | -0.31% |
| 2012-12-31 | CN¥332.21 Million | +217.58% |
| 2011-12-31 | CN¥104.61 Million | +43.83% |
| 2010-12-31 | CN¥72.73 Million | +89.38% |
| 2009-12-31 | CN¥38.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DongHua Testing Technology Co 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 grown by 6253.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥451.17 Million | 59.88% |
| Common Stock | CN¥138.32 Million | 18.36% |
| Other Comprehensive Income | CN¥71.39 Million | 9.48% |
| Other Components | CN¥92.51 Million | 12.28% |
| Total Equity | CN¥753.39 Million | 100.00% |
DongHua Testing Technology Co Ltd Competitors by Market Cap
The table below lists competitors of DongHua Testing Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Guoguang Agrochemical Co Ltd
SHE:002749
|
$335.09 Million |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
$335.13 Million |
|
BlueLinx Holdings Inc
NYSE:BXC
|
$335.15 Million |
|
Restaurant Brands Asia Limited
NSE:RBA
|
$335.16 Million |
|
Asseco Business Solutions S.A.
WAR:ABS
|
$334.91 Million |
|
Yangtze Optical Fibre And Cable Joint Stock Limited Company
PINK:YZOFF
|
$334.84 Million |
|
Hunan Warrant Pharmaceutical Co. Ltd. A
SHG:688799
|
$334.81 Million |
|
Spartan Delta Corp
PINK:DALXF
|
$334.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DongHua Testing Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 664,192,512 to 753,392,066, a change of 89,199,554 (13.4%).
- Net income of 121,883,957 contributed positively to equity growth.
- Dividend payments of 17,982,952 reduced retained earnings.
- Share repurchases of 20,000,000 reduced equity.
- Other comprehensive income increased equity by 71,394,390.
- Other factors decreased equity by 66,095,841.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥121.88 Million | +16.18% |
| Dividends Paid | CN¥17.98 Million | -2.39% |
| Share Repurchases | CN¥20.00 Million | -2.65% |
| Other Comprehensive Income | CN¥71.39 Million | +9.48% |
| Other Changes | CN¥-66.10 Million | -8.77% |
| Total Change | CN¥- | 13.43% |
Book Value vs Market Value Analysis
This analysis compares DongHua Testing Technology Co 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: 7.02x
- 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 93.46x to 7.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.41 | CN¥38.20 | x |
| 2010-12-31 | CN¥0.72 | CN¥38.20 | x |
| 2011-12-31 | CN¥1.01 | CN¥38.20 | x |
| 2012-12-31 | CN¥2.95 | CN¥38.20 | x |
| 2013-12-31 | CN¥2.39 | CN¥38.20 | x |
| 2014-12-31 | CN¥2.40 | CN¥38.20 | x |
| 2015-12-31 | CN¥2.46 | CN¥38.20 | x |
| 2016-12-31 | CN¥2.44 | CN¥38.20 | x |
| 2017-12-31 | CN¥2.51 | CN¥38.20 | x |
| 2018-12-31 | CN¥2.64 | CN¥38.20 | x |
| 2019-12-31 | CN¥2.78 | CN¥38.20 | x |
| 2020-12-31 | CN¥3.09 | CN¥38.20 | x |
| 2021-12-31 | CN¥3.58 | CN¥38.20 | x |
| 2022-12-31 | CN¥4.34 | CN¥38.20 | x |
| 2023-12-31 | CN¥4.77 | CN¥38.20 | x |
| 2024-12-31 | CN¥5.44 | CN¥38.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DongHua Testing Technology Co 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): 16.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.27%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.12x
- Recent ROE (16.18%) is above the historical average (12.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 25.64% | 22.56% | 0.71x | 1.60x | CN¥5.98 Million |
| 2010 | 30.39% | 30.57% | 0.65x | 1.53x | CN¥14.80 Million |
| 2011 | 30.44% | 33.38% | 0.64x | 1.43x | CN¥21.35 Million |
| 2012 | 9.79% | 32.42% | 0.28x | 1.08x | CN¥-695.41K |
| 2013 | 5.10% | 19.45% | 0.25x | 1.03x | CN¥-16.22 Million |
| 2014 | 2.24% | 8.14% | 0.25x | 1.09x | CN¥-25.77 Million |
| 2015 | 2.40% | 7.15% | 0.31x | 1.07x | CN¥-25.87 Million |
| 2016 | 0.57% | 1.52% | 0.34x | 1.10x | CN¥-32.54 Million |
| 2017 | 1.31% | 3.53% | 0.32x | 1.15x | CN¥-30.22 Million |
| 2018 | 4.93% | 13.13% | 0.34x | 1.09x | CN¥-18.15 Million |
| 2019 | 7.92% | 17.12% | 0.42x | 1.11x | CN¥-7.98 Million |
| 2020 | 11.78% | 24.53% | 0.42x | 1.14x | CN¥7.61 Million |
| 2021 | 16.18% | 31.13% | 0.47x | 1.10x | CN¥30.56 Million |
| 2022 | 20.30% | 33.17% | 0.53x | 1.15x | CN¥61.80 Million |
| 2023 | 13.21% | 23.20% | 0.51x | 1.11x | CN¥21.33 Million |
| 2024 | 16.18% | 24.27% | 0.60x | 1.12x | CN¥46.54 Million |
Industry Comparison
This section compares DongHua Testing Technology Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DongHua Testing Technology Co Ltd (300354) | CN¥825.26 Million | 25.64% | 0.13x | $335.00 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |