Chengdu Dahongli Machinery Co Ltd (300865) - Net Assets
Based on the latest financial reports, Chengdu Dahongli Machinery Co Ltd (300865) has net assets worth CN¥872.69 Million CNY (≈ $127.70 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¥1.12 Billion ≈ $164.38 Million USD) and total liabilities (CN¥250.67 Million ≈ $36.68 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 300865 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¥872.69 Million |
| % of Total Assets | 77.69% |
| Annual Growth Rate | 14.72% |
| 5-Year Change | -3.64% |
| 10-Year Change | 224.7% |
| Growth Volatility | 30.75 |
Chengdu Dahongli Machinery Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Chengdu Dahongli Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. See Chengdu Dahongli Machinery Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chengdu Dahongli Machinery Co Ltd (2012–2025)
The table below shows the annual net assets of Chengdu Dahongli Machinery Co Ltd from 2012 to 2025. For live valuation and market cap data, see Chengdu Dahongli Machinery Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥862.16 Million ≈ $126.16 Million |
+0.30% |
| 2024-12-31 | CN¥859.61 Million ≈ $125.79 Million |
-0.75% |
| 2023-12-31 | CN¥866.09 Million ≈ $126.74 Million |
-4.39% |
| 2022-12-31 | CN¥905.81 Million ≈ $132.55 Million |
+1.24% |
| 2021-12-31 | CN¥894.70 Million ≈ $130.92 Million |
+1.37% |
| 2020-12-31 | CN¥882.65 Million ≈ $129.16 Million |
+114.76% |
| 2019-12-31 | CN¥410.99 Million ≈ $60.14 Million |
+17.26% |
| 2018-12-31 | CN¥350.49 Million ≈ $51.29 Million |
+15.23% |
| 2017-12-31 | CN¥304.18 Million ≈ $44.51 Million |
+14.56% |
| 2016-12-31 | CN¥265.53 Million ≈ $38.85 Million |
+11.55% |
| 2014-12-31 | CN¥238.02 Million ≈ $34.83 Million |
+29.16% |
| 2013-12-31 | CN¥184.28 Million ≈ $26.97 Million |
+27.33% |
| 2012-12-31 | CN¥144.72 Million ≈ $21.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu Dahongli Machinery 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 164.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥223.16 Million | 25.89% |
| Other Components | CN¥638.94 Million | 74.11% |
| Total Equity | CN¥862.10 Million | 100.00% |
Chengdu Dahongli Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Chengdu Dahongli Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Western Power Industrial Co Ltd
SHE:002630
|
$340.39 Million |
|
Wuhan Tianyu Info Industry
SHE:300205
|
$340.46 Million |
|
Zhejiang HISUN Biomaterials Co. Ltd. A
SHG:688203
|
$340.48 Million |
|
Cadiz Inc
NASDAQ:CDZI
|
$340.66 Million |
|
Jiangsu Junxia Gym Equipment Co. Ltd. A
SHE:301287
|
$339.99 Million |
|
Jiangsu Tianmu Lake Tourism Co Ltd
SHG:603136
|
$339.94 Million |
|
Lihe Technology
SHE:300800
|
$339.87 Million |
|
Shanxi Huayang New Material Co Ltd
SHG:600281
|
$339.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Dahongli Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 859,608,736 to 862,100,750, a change of 2,492,014 (0.3%).
- Net income of 2,654,126 contributed positively to equity growth.
- Dividend payments of 90,778 reduced retained earnings.
- Other comprehensive income decreased equity by 50,585,245.
- Other factors increased equity by 50,513,911.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.65 Million | +0.31% |
| Dividends Paid | CN¥90.78K | -0.01% |
| Other Comprehensive Income | CN¥-50.59 Million | -5.87% |
| Other Changes | CN¥50.51 Million | +5.86% |
| Total Change | CN¥- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Dahongli Machinery 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: 2.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.73x to 2.70x 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¥2.07 | CN¥24.30 | x |
| 2013-12-31 | CN¥2.64 | CN¥24.30 | x |
| 2014-12-31 | CN¥3.24 | CN¥24.30 | x |
| 2016-12-31 | CN¥3.70 | CN¥24.30 | x |
| 2017-12-31 | CN¥4.26 | CN¥24.30 | x |
| 2018-12-31 | CN¥4.88 | CN¥24.30 | x |
| 2019-12-31 | CN¥5.73 | CN¥24.30 | x |
| 2020-12-31 | CN¥11.07 | CN¥24.30 | x |
| 2021-12-31 | CN¥9.35 | CN¥24.30 | x |
| 2022-12-31 | CN¥9.47 | CN¥24.30 | x |
| 2023-12-31 | CN¥9.05 | CN¥24.30 | x |
| 2024-12-31 | CN¥8.99 | CN¥24.30 | x |
| 2025-12-31 | CN¥9.01 | CN¥24.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Dahongli Machinery 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): 0.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.81%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.24x
- Recent ROE (0.31%) is below the historical average (9.58%), 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 | 16.07% | 10.28% | 1.05x | 1.49x | CN¥8.79 Million |
| 2013 | 21.14% | 13.93% | 1.15x | 1.32x | CN¥20.53 Million |
| 2014 | 19.73% | 14.34% | 1.12x | 1.23x | CN¥23.16 Million |
| 2016 | 8.73% | 10.16% | 0.72x | 1.20x | CN¥-3.38 Million |
| 2017 | 14.08% | 13.27% | 0.78x | 1.35x | CN¥12.40 Million |
| 2018 | 16.59% | 13.57% | 0.86x | 1.42x | CN¥23.10 Million |
| 2019 | 18.80% | 14.63% | 0.94x | 1.37x | CN¥36.16 Million |
| 2020 | 7.36% | 10.70% | 0.54x | 1.27x | CN¥-23.32 Million |
| 2021 | 3.46% | 4.46% | 0.63x | 1.24x | CN¥-58.47 Million |
| 2022 | 2.25% | 4.09% | 0.40x | 1.36x | CN¥-70.22 Million |
| 2023 | -3.83% | -6.10% | 0.47x | 1.35x | CN¥-119.81 Million |
| 2024 | -0.13% | -0.31% | 0.36x | 1.20x | CN¥-87.10 Million |
| 2025 | 0.31% | 0.81% | 0.31x | 1.24x | CN¥-83.56 Million |
Industry Comparison
This section compares Chengdu Dahongli Machinery Co Ltd'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: $7,559,658,648
- Average return on equity (ROE) among peers: 9.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Dahongli Machinery Co Ltd (300865) | CN¥872.69 Million | 16.07% | 0.29x | $340.22 Million |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $27.47 Billion | 16.98% | 1.29x | $7.87 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $1.19 Billion | 2.08% | 1.54x | $15.46 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $17.17 Billion | 3.49% | 1.46x | $2.38 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.91 Billion | 0.62% | 1.71x | $2.24 Billion |
| Faw Car Co Ltd (000800) | $730.97 Million | 42.45% | 1.59x | $4.39 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $3.76 Billion | 0.73% | 0.76x | $508.18 Million |
| HBIS Resources Co Ltd (000923) | $415.63 Million | 0.55% | 0.98x | $1.32 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $17.58 Billion | 9.47% | 1.85x | $3.78 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $588.19 Million | 6.73% | 1.78x | $870.21 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $1.77 Billion | 11.46% | 1.71x | $1.28 Billion |
About Chengdu Dahongli Machinery Co Ltd
Chengdu Dahongli Machinery Co.,Ltd. manufactures and sells sand, gravel, and mining equipment in China and internationally. Its products include single and multi-cylinder hydraulic cone crushers, gyratory crushers, high-pressure mills, high-efficiency impact crushers, impact crushers, particle crushers, and other crusher series; and vibrating sorting screens, horizontal elliptical screens, and ot… Read more