Doright Co.Ltd. Net Assets
Doright Co.Ltd. net assets. Based on the latest financial reports, Doright Co.Ltd. (300950) has net assets worth CN¥815.85 Million CNY (≈ $119.38 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.24 Billion ≈ $181.45 Million USD) and total liabilities (CN¥424.15 Million ≈ $62.07 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. Also explore 300950 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥815.85 Million |
| % of Total Assets | 65.79% |
| Annual Growth Rate | 12.58% |
| 5-Year Change | 42.95% |
| 10-Year Change | 213.44% |
| Growth Volatility | 14.13 |
Net Assets of Doright Co.Ltd. (2013–2025)
Net assets of Doright Co.Ltd. from 2013 to 2025. This chart illustrates how Doright Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See Doright Co.Ltd. balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Doright Co.Ltd. (2013–2025)
The table below shows the annual net assets of Doright Co.Ltd. from 2013 to 2025. For live market cap and overall valuation, see how much is Doright Co.Ltd. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥820.85 Million ≈ $120.12 Million |
+10.76% |
| 2024-12-31 | CN¥741.08 Million ≈ $108.44 Million |
+12.11% |
| 2023-12-31 | CN¥661.00 Million ≈ $96.73 Million |
+4.70% |
| 2022-12-31 | CN¥631.31 Million ≈ $92.38 Million |
+9.94% |
| 2021-12-31 | CN¥574.24 Million ≈ $84.03 Million |
+57.51% |
| 2020-12-31 | CN¥364.57 Million ≈ $53.35 Million |
+4.92% |
| 2019-12-31 | CN¥347.49 Million ≈ $50.85 Million |
+3.19% |
| 2018-12-31 | CN¥336.73 Million ≈ $49.27 Million |
+12.09% |
| 2017-12-31 | CN¥300.42 Million ≈ $43.96 Million |
+14.71% |
| 2016-12-31 | CN¥261.89 Million ≈ $38.32 Million |
+3.10% |
| 2015-12-31 | CN¥254.00 Million ≈ $37.17 Million |
+19.20% |
| 2014-12-31 | CN¥213.08 Million ≈ $31.18 Million |
+7.64% |
| 2013-12-31 | CN¥197.95 Million ≈ $28.97 Million |
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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 953.2% over the analyzed period, indicating profitable operations and earnings retention.
Doright Co.Ltd. Net Assets Breakdown (December 2025)
Doright Co.Ltd. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥380.49 Million | 46.35% |
| Other Components | CN¥440.35 Million | 53.65% |
| Total Equity | CN¥820.85 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 |
|---|---|
|
Hota Industrial Mfg. Co Ltd
TW:1536
|
$356.38 Million |
|
Zhuhai Kles Technology Co. Ltd. A
SHE:301314
|
$356.46 Million |
|
GSR III Acquisition Corp. Ordinary Shares
NASDAQ:GSRT
|
$356.55 Million |
|
Panda Dairy Corp
SHE:300898
|
$356.55 Million |
|
VITZROCELL Co.Ltd
KQ:082920
|
$356.10 Million |
|
Kap Industrial Holdings Ltd
JSE:KAP
|
$355.83 Million |
|
Rojana Industrial Park Public Company Limited
BK:ROJNA
|
$355.81 Million |
|
SFC Energy AG
XETRA:F3C
|
$355.79 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 2024 to 2025, total equity changed from 741,076,222 to 820,846,625, a change of 79,770,403 (10.8%).
- Net income of 92,053,612 contributed positively to equity growth.
- Dividend payments of 32,555,810 reduced retained earnings.
- Other factors increased equity by 20,272,601.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥92.05 Million | +11.21% |
| Dividends Paid | CN¥32.56 Million | -3.97% |
| Other Changes | CN¥20.27 Million | +2.47% |
| Total Change | CN¥- | 10.76% |
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: 2.94x
- 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 7.74x to 2.94x 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¥15.85 | x |
| 2014-12-31 | CN¥1.85 | CN¥15.85 | x |
| 2015-12-31 | CN¥3.22 | CN¥15.85 | x |
| 2016-12-31 | CN¥3.49 | CN¥15.85 | x |
| 2017-12-31 | CN¥2.68 | CN¥15.85 | x |
| 2018-12-31 | CN¥2.93 | CN¥15.85 | x |
| 2019-12-31 | CN¥3.10 | CN¥15.85 | x |
| 2020-12-31 | CN¥3.24 | CN¥15.85 | x |
| 2021-12-31 | CN¥3.88 | CN¥15.85 | x |
| 2022-12-31 | CN¥4.24 | CN¥15.85 | x |
| 2023-12-31 | CN¥4.45 | CN¥15.85 | x |
| 2024-12-31 | CN¥4.90 | CN¥15.85 | x |
| 2025-12-31 | CN¥5.38 | CN¥15.85 | 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): 11.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.84%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.58x
- Recent ROE (11.21%) is below the historical average (11.84%), suggesting potential challenges in 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 | 11.74% | 18.66% | 0.40x | 1.58x | CN¥4.54 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 |
| 2025 | 11.21% | 16.84% | 0.42x | 1.58x | CN¥9.97 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: $1,610,457,623
- Average return on equity (ROE) among peers: -20.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doright Co.Ltd. (300950) | CN¥815.85 Million | 14.65% | 0.52x | $356.35 Million |
| Huayi Compressor Co Ltd (000404) | $3.96 Billion | 2.45% | 1.52x | $646.72 Million |
| Shenyang Machine Tool Co Ltd (000410) | $347.22 Million | -208.15% | 15.00x | $2.26 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $362.41 Million | 3.17% | 0.33x | $2.79 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.21 Billion | 1.93% | 1.36x | $757.23 Million |
| Changchai Co Ltd (000570) | $2.29 Billion | 2.29% | 0.72x | $399.26 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.83 Billion | 2.42% | 1.03x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $369.61 Million | -32.34% | 1.35x | $779.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $544.26 Million | 41.46% | 0.41x | $823.64 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $579.69 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $873.67 Million | 7.43% | 0.68x | $1.40 Billion |
About Doright Co.Ltd.
Doright Co.,Ltd. engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving and environmental protection equipment in China. The company provides 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; cryo… Read more