Doright Co.Ltd. (300950) - Net Assets

Latest as of March 2026: CN¥828.84 Million CNY ≈ $121.29 Million USD

Based on the latest financial reports, Doright Co.Ltd. (300950) has net assets worth CN¥828.84 Million CNY (≈ $121.29 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¥1.25 Billion ≈ $183.58 Million USD) and total liabilities (CN¥425.70 Million ≈ $62.29 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 300950 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥828.84 Million
% of Total Assets	66.07%
Annual Growth Rate	12.58%
5-Year Change	42.95%
10-Year Change	213.44%
Growth Volatility	14.13

Doright Co.Ltd. - Net Assets Trend (2013–2025)

This chart illustrates how Doright Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See Doright Co.Ltd. (300950) liquidity interval to measure how many days the company can operate on defensive assets alone.

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 valuation and market cap data, see 300950 company net 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	--

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.

Current Equity Component Breakdown (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
Shihlin Paper Corp TW:1903	$394.07 Million
Santana Minerals Ltd AU:SMI	$394.08 Million
Blend Labs Inc NYSE:BLND	$394.12 Million
Top Bright Holding Co Ltd TW:8499	$394.27 Million
North American Construction Group Ltd TO:NOA	$393.83 Million
Yantai Zhenghai Bio-Tech Co Ltd SHE:300653	$393.78 Million
Abm Investama Tbk JK:ABMM	$393.63 Million
GMM Pfaudler Limited NSE:GMMPFAUDLR	$393.60 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: 3.25x
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 8.56x to 3.25x 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¥17.52	x
2014-12-31	CN¥1.85	CN¥17.52	x
2015-12-31	CN¥3.22	CN¥17.52	x
2016-12-31	CN¥3.49	CN¥17.52	x
2017-12-31	CN¥2.68	CN¥17.52	x
2018-12-31	CN¥2.93	CN¥17.52	x
2019-12-31	CN¥3.10	CN¥17.52	x
2020-12-31	CN¥3.24	CN¥17.52	x
2021-12-31	CN¥3.88	CN¥17.52	x
2022-12-31	CN¥4.24	CN¥17.52	x
2023-12-31	CN¥4.45	CN¥17.52	x
2024-12-31	CN¥4.90	CN¥17.52	x
2025-12-31	CN¥5.38	CN¥17.52	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: $2,053,540,271
Average return on equity (ROE) among peers: 4.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Doright Co.Ltd. (300950)	CN¥828.84 Million	14.65%	0.51x	$393.90 Million
Huayi Compressor Co Ltd (000404)	$2.70 Billion	6.94%	1.45x	$768.94 Million
Shenyang Machine Tool Co Ltd (000410)	$1.11 Billion	8.63%	3.77x	$1.98 Billion
North Industries Group Red Arrow Co Ltd (000519)	$9.75 Billion	8.40%	0.54x	$4.14 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$657.04 Million	17.35%	0.68x	$478.11 Million
Changchai Co Ltd (000570)	$2.06 Billion	3.02%	0.72x	$409.83 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$437.03 Million	6.41%	1.13x	$32.29 Million
Baota Industry Co Ltd (000595)	$356.47 Million	-22.08%	1.87x	$1.07 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$303.55 Million	4.59%	0.79x	$1.10 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.36 Billion	2.28%	1.62x	$788.41 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$803.92 Million	9.00%	0.67x	$1.83 Billion

About Doright Co.Ltd.

SHE:300950 China Specialty Industrial Machinery

Market Cap

$393.90 Million

CN¥2.69 Billion CNY

Market Cap Rank

#13624 Global

#4081 in China

Share Price

CN¥17.52

Change (1 day)

+0.63%

52-Week Range

CN¥17.00 - CN¥40.57

All Time High

CN¥47.55