Doright Co.Ltd.
Doright Co.,Ltd. engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving environmental protection equipment in China. The company's products include energy-saving heat exchange equipment, including heat exchangers, high-temperature air preheater, waste heat boiler, rotary dryer, new energy saving type ceramic fiber fire box, and quench boiler… Read more
Doright Co.Ltd. (300950) - Net Assets
Latest net assets as of September 2025: CN¥792.34 Million CNY
Based on the latest financial reports, Doright Co.Ltd. (300950) has net assets worth CN¥792.34 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¥1.24 Billion) and total liabilities (CN¥445.21 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¥792.34 Million |
| % of Total Assets | 64.02% |
| Annual Growth Rate | 12.75% |
| 5-Year Change | 103.27% |
| 10-Year Change | 191.76% |
| Growth Volatility | 14.73 |
Doright Co.Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Doright 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 Doright Co.Ltd. (2013–2024)
The table below shows the annual net assets of Doright Co.Ltd. from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥741.08 Million | +12.11% |
| 2023-12-31 | CN¥661.00 Million | +4.70% |
| 2022-12-31 | CN¥631.31 Million | +9.94% |
| 2021-12-31 | CN¥574.24 Million | +57.51% |
| 2020-12-31 | CN¥364.57 Million | +4.92% |
| 2019-12-31 | CN¥347.49 Million | +3.19% |
| 2018-12-31 | CN¥336.73 Million | +12.09% |
| 2017-12-31 | CN¥300.42 Million | +14.71% |
| 2016-12-31 | CN¥261.89 Million | +3.10% |
| 2015-12-31 | CN¥254.00 Million | +19.20% |
| 2014-12-31 | CN¥213.08 Million | +7.64% |
| 2013-12-31 | CN¥197.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Doright 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 807.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥327.99 Million | 44.26% |
| Common Stock | CN¥150.48 Million | 20.31% |
| Other Components | CN¥262.60 Million | 35.44% |
| Total Equity | CN¥741.08 Million | 100.00% |
Doright Co.Ltd. Competitors by Market Cap
The table below lists competitors of Doright Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PepGen Ltd
NASDAQ:PEPG
|
$204.50 Million |
|
KARAT PACKAGING DL -001
F:0WJ
|
$204.51 Million |
|
Ensari Deri Gida Sanayi ve Ticaret AS
IS:ENSRI
|
$204.53 Million |
|
FAWER Automotive Parts Ltd Co
SHE:200030
|
$204.55 Million |
|
Xuancheng Valin Precision Technology Co Ltd
SHG:603356
|
$204.25 Million |
|
Gujarat Ambuja Exports Limited
NSE:GAEL
|
$204.24 Million |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
$204.21 Million |
|
Fullink Technology Co. LTD.
SHE:301067
|
$204.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Doright Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 661,004,713 to 741,076,222, a change of 80,071,509 (12.1%).
- Net income of 96,715,099 contributed positively to equity growth.
- Dividend payments of 23,015,816 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥96.72 Million | +13.05% |
| Dividends Paid | CN¥23.02 Million | -3.11% |
| Other Changes | CN¥6.37 Million | +0.86% |
| Total Change | CN¥- | 12.11% |
Book Value vs Market Value Analysis
This analysis compares Doright 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: 4.51x
- 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 10.84x to 4.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.05 | CN¥22.20 | x |
| 2014-12-31 | CN¥1.85 | CN¥22.20 | x |
| 2015-12-31 | CN¥3.22 | CN¥22.20 | x |
| 2016-12-31 | CN¥3.45 | CN¥22.20 | x |
| 2017-12-31 | CN¥2.68 | CN¥22.20 | x |
| 2018-12-31 | CN¥2.93 | CN¥22.20 | x |
| 2019-12-31 | CN¥2.32 | CN¥22.20 | x |
| 2020-12-31 | CN¥2.43 | CN¥22.20 | x |
| 2021-12-31 | CN¥3.83 | CN¥22.20 | x |
| 2022-12-31 | CN¥4.21 | CN¥22.20 | x |
| 2023-12-31 | CN¥4.45 | CN¥22.20 | x |
| 2024-12-31 | CN¥4.92 | CN¥22.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Doright 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): 13.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.00%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.52x
- Recent ROE (13.05%) is above the historical average (11.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.65% | 14.20% | 0.64x | 1.60x | CN¥9.21 Million |
| 2014 | 6.50% | 9.80% | 0.43x | 1.53x | CN¥-7.47 Million |
| 2015 | 9.94% | 14.63% | 0.45x | 1.50x | CN¥-137.72K |
| 2016 | 11.05% | 17.61% | 0.40x | 1.58x | CN¥2.74 Million |
| 2017 | 12.94% | 17.82% | 0.47x | 1.54x | CN¥8.83 Million |
| 2018 | 15.48% | 21.66% | 0.43x | 1.67x | CN¥18.07 Million |
| 2019 | 17.84% | 23.47% | 0.47x | 1.62x | CN¥27.23 Million |
| 2020 | 16.88% | 24.56% | 0.47x | 1.46x | CN¥25.07 Million |
| 2021 | 7.47% | 14.57% | 0.37x | 1.37x | CN¥-14.52 Million |
| 2022 | 10.39% | 20.27% | 0.36x | 1.44x | CN¥2.44 Million |
| 2023 | 5.85% | 12.47% | 0.28x | 1.69x | CN¥-27.44 Million |
| 2024 | 13.05% | 19.00% | 0.45x | 1.52x | CN¥22.61 Million |
Industry Comparison
This section compares Doright Co.Ltd.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doright Co.Ltd. (300950) | CN¥792.34 Million | 14.65% | 0.56x | $204.34 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |