Changsha DIALINE New Material Sci & Tech Co Ltd
Changsha DIALINE New Material Sci.&Tech. Co., Ltd. manufactures and sells diamond wires in China. The company offers electroplated diamond wire, diamond wire loop, tungsten wire rope, high-purity quartz sand, graphite composite bipolar plate, and electronic special materials for photovoltaic, hydrogen energy, LED and semiconductor, electronics industry, and other fields. It exports its products t… Read more
Changsha DIALINE New Material Sci & Tech Co Ltd (300700) - Net Assets
Latest net assets as of September 2025: CN¥874.72 Million CNY
Based on the latest financial reports, Changsha DIALINE New Material Sci & Tech Co Ltd (300700) has net assets worth CN¥874.72 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¥1.72 Billion) and total liabilities (CN¥848.12 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¥874.72 Million |
| % of Total Assets | 50.77% |
| Annual Growth Rate | 24.72% |
| 5-Year Change | 78.33% |
| 10-Year Change | 385.4% |
| Growth Volatility | 44.63 |
Changsha DIALINE New Material Sci & Tech Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Changsha DIALINE New Material Sci & Tech 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 Changsha DIALINE New Material Sci & Tech Co Ltd (2012–2024)
The table below shows the annual net assets of Changsha DIALINE New Material Sci & Tech Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥951.38 Million | -26.60% |
| 2023-12-31 | CN¥1.30 Billion | +72.26% |
| 2022-12-31 | CN¥752.40 Million | +65.68% |
| 2021-12-31 | CN¥454.13 Million | -14.87% |
| 2020-12-31 | CN¥533.48 Million | +0.30% |
| 2019-12-31 | CN¥531.87 Million | -1.97% |
| 2018-12-31 | CN¥542.58 Million | +1.74% |
| 2017-12-31 | CN¥533.30 Million | +126.64% |
| 2016-12-31 | CN¥235.30 Million | +20.05% |
| 2015-12-31 | CN¥196.00 Million | +17.59% |
| 2014-12-31 | CN¥166.68 Million | +32.02% |
| 2013-12-31 | CN¥126.25 Million | +88.02% |
| 2012-12-31 | CN¥67.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changsha DIALINE New Material Sci & Tech 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 decreased by 235.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥391.00 Million | 41.60% |
| Other Comprehensive Income | CN¥53.06 Million | 5.64% |
| Other Components | CN¥519.17 Million | 55.23% |
| Total Equity | CN¥939.97 Million | 100.00% |
Changsha DIALINE New Material Sci & Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Changsha DIALINE New Material Sci & Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canny Elevator Co Ltd
SHE:002367
|
$418.91 Million |
|
Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA
|
$418.95 Million |
|
Deppon Logistics Co Ltd
SHG:603056
|
$418.96 Million |
|
Auction Technology Group plc
OTCGREY:ATHGF
|
$418.96 Million |
|
Motic Xiamen Electric Group Co Ltd
SHE:300341
|
$418.47 Million |
|
Raisio plc
F:RATV
|
$418.44 Million |
|
NEURONES SA NOM. EO 040
F:NE9
|
$418.25 Million |
|
medmix AG
PINK:MDMXF
|
$418.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changsha DIALINE New Material Sci & Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,282,030,608 to 939,966,052, a change of -342,064,556 (-26.7%).
- Net loss of 243,615,643 reduced equity.
- Dividend payments of 47,319,682 reduced retained earnings.
- Share repurchases of 65,032,875 reduced equity.
- Other comprehensive income increased equity by 53,058,185.
- Other factors decreased equity by 39,154,541.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-243.62 Million | -25.92% |
| Dividends Paid | CN¥47.32 Million | -5.03% |
| Share Repurchases | CN¥65.03 Million | -6.92% |
| Other Comprehensive Income | CN¥53.06 Million | +5.64% |
| Other Changes | CN¥-39.15 Million | -4.17% |
| Total Change | CN¥- | -26.68% |
Book Value vs Market Value Analysis
This analysis compares Changsha DIALINE New Material Sci & Tech 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: 5.58x
- 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 29.47x to 5.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.46 | CN¥13.60 | x |
| 2013-12-31 | CN¥0.90 | CN¥13.60 | x |
| 2014-12-31 | CN¥1.19 | CN¥13.60 | x |
| 2015-12-31 | CN¥1.34 | CN¥13.60 | x |
| 2016-12-31 | CN¥1.64 | CN¥13.60 | x |
| 2017-12-31 | CN¥3.40 | CN¥13.60 | x |
| 2018-12-31 | CN¥2.80 | CN¥13.60 | x |
| 2019-12-31 | CN¥2.76 | CN¥13.60 | x |
| 2020-12-31 | CN¥2.77 | CN¥13.60 | x |
| 2021-12-31 | CN¥2.36 | CN¥13.60 | x |
| 2022-12-31 | CN¥3.45 | CN¥13.60 | x |
| 2023-12-31 | CN¥3.75 | CN¥13.60 | x |
| 2024-12-31 | CN¥2.44 | CN¥13.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changsha DIALINE New Material Sci & Tech 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): -25.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -67.80%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.83x
- Recent ROE (-25.92%) is below the historical average (6.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.43% | 18.11% | 0.52x | 1.21x | CN¥931.13K |
| 2013 | 20.51% | 29.10% | 0.58x | 1.21x | CN¥13.25 Million |
| 2014 | 20.19% | 27.22% | 0.60x | 1.24x | CN¥16.99 Million |
| 2015 | 15.59% | 23.14% | 0.42x | 1.62x | CN¥10.96 Million |
| 2016 | 16.70% | 21.19% | 0.44x | 1.78x | CN¥15.77 Million |
| 2017 | 20.88% | 25.57% | 0.44x | 1.86x | CN¥58.02 Million |
| 2018 | 6.27% | 10.31% | 0.33x | 1.86x | CN¥-20.25 Million |
| 2019 | -8.62% | -17.52% | 0.23x | 2.15x | CN¥-99.02 Million |
| 2020 | 0.28% | 0.62% | 0.21x | 2.13x | CN¥-51.84 Million |
| 2021 | -17.15% | -28.86% | 0.25x | 2.41x | CN¥-123.66 Million |
| 2022 | 12.06% | 14.15% | 0.42x | 2.03x | CN¥15.52 Million |
| 2023 | 8.77% | 13.26% | 0.39x | 1.69x | CN¥-15.75 Million |
| 2024 | -25.92% | -67.80% | 0.21x | 1.83x | CN¥-337.61 Million |
Industry Comparison
This section compares Changsha DIALINE New Material Sci & Tech Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changsha DIALINE New Material Sci & Tech Co Ltd (300700) | CN¥874.72 Million | 11.43% | 0.97x | $418.57 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |