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¥869.95 Million CNY (≈ $127.30 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.08 Billion ≈ $157.59 Million USD) and total liabilities (CN¥207.01 Million ≈ $30.29 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 Chengdu Dahongli Machinery Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥869.95 Million |
| % of Total Assets | 80.78% |
| Annual Growth Rate | 16.01% |
| 5-Year Change | -2.61% |
| 10-Year Change | 261.14% |
| Growth Volatility | 31.58 |
Chengdu Dahongli Machinery Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Chengdu Dahongli Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Chengdu Dahongli Machinery Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Chengdu Dahongli Machinery Co Ltd (2012–2024)
The table below shows the annual net assets of Chengdu Dahongli Machinery Co Ltd from 2012 to 2024. For live valuation and market cap data, see Chengdu Dahongli Machinery Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 161.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥220.51 Million | 25.65% |
| Common Stock | CN¥95.68 Million | 11.13% |
| Other Comprehensive Income | CN¥50.59 Million | 5.88% |
| Other Components | CN¥492.84 Million | 57.33% |
| Total Equity | CN¥859.61 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 |
|---|---|
|
Fibra Shop
MX:FSHOP13
|
$426.26 Million |
|
UNID Company Ltd
KO:014830
|
$426.52 Million |
|
Masoval AS
OL:MAS
|
$426.71 Million |
|
Jiangsu Aoyang Technology Ltd
SHE:002172
|
$426.91 Million |
|
Zhejiang Jindao Technology Co. Ltd.
SHE:301279
|
$426.14 Million |
|
Antofagasta PLC
LSE:ANTO
|
$425.94 Million |
|
Beijing Hanbang Technology Corp
SHE:300449
|
$425.93 Million |
|
Yunnan luoping Zinc & Electricity Co Ltd
SHE:002114
|
$425.91 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 2023 to 2024, total equity changed from 866,090,221 to 859,608,736, a change of -6,481,485 (-0.7%).
- Net loss of 1,137,348 reduced equity.
- Dividend payments of 5,824,304 reduced retained earnings.
- Other comprehensive income increased equity by 50,585,245.
- Other factors decreased equity by 50,105,078.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.14 Million | -0.13% |
| Dividends Paid | CN¥5.82 Million | -0.68% |
| Other Comprehensive Income | CN¥50.59 Million | +5.88% |
| Other Changes | CN¥-50.11 Million | -5.83% |
| Total Change | CN¥- | -0.75% |
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: 3.39x
- 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 14.69x to 3.39x 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¥30.44 | x |
| 2013-12-31 | CN¥2.64 | CN¥30.44 | x |
| 2014-12-31 | CN¥3.24 | CN¥30.44 | x |
| 2016-12-31 | CN¥3.70 | CN¥30.44 | x |
| 2017-12-31 | CN¥4.24 | CN¥30.44 | x |
| 2018-12-31 | CN¥4.88 | CN¥30.44 | x |
| 2019-12-31 | CN¥4.30 | CN¥30.44 | x |
| 2020-12-31 | CN¥9.22 | CN¥30.44 | x |
| 2021-12-31 | CN¥9.35 | CN¥30.44 | x |
| 2022-12-31 | CN¥9.47 | CN¥30.44 | x |
| 2023-12-31 | CN¥9.05 | CN¥30.44 | x |
| 2024-12-31 | CN¥8.98 | CN¥30.44 | 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): -0.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.31%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.20x
- Recent ROE (-0.13%) is below the historical average (10.35%), 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 |
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: $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 |
|---|---|---|---|---|
| Chengdu Dahongli Machinery Co Ltd (300865) | CN¥869.95 Million | 16.07% | 0.24x | $426.19 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 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