Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. (301068) - Net Assets
Based on the latest financial reports, Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. (301068) has net assets worth CN¥797.80 Million CNY (≈ $116.74 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.29 Billion ≈ $189.35 Million USD) and total liabilities (CN¥496.16 Million ≈ $72.60 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 Hangzhou Dadi Haiyang Environmental Prot asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥797.80 Million |
| % of Total Assets | 61.66% |
| Annual Growth Rate | 18.89% |
| 5-Year Change | 94.69% |
| 10-Year Change | N/A |
| Growth Volatility | 22.75 |
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Check Hangzhou Dadi Haiyang Environmental Prot (301068) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. (2019–2024)
The table below shows the annual net assets of Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see Hangzhou Dadi Haiyang Environmental Prot stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥876.78 Million ≈ $128.30 Million |
+6.04% |
| 2023-12-31 | CN¥826.80 Million ≈ $120.99 Million |
+5.20% |
| 2022-12-31 | CN¥785.96 Million ≈ $115.01 Million |
+6.10% |
| 2021-12-31 | CN¥740.80 Million ≈ $108.40 Million |
+64.50% |
| 2020-12-31 | CN¥450.34 Million ≈ $65.90 Million |
+22.03% |
| 2019-12-31 | CN¥369.03 Million ≈ $54.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Dadi Haiyang Environmental Protection 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 205.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥393.17 Million | 44.95% |
| Other Components | CN¥481.44 Million | 55.05% |
| Total Equity | CN¥874.61 Million | 100.00% |
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. Competitors by Market Cap
The table below lists competitors of Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PharmaResources (Shanghai) Co. Ltd. A
SHE:301230
|
$499.21 Million |
|
DukSan Neolux Co.Ltd
KQ:213420
|
$499.38 Million |
|
Benakat Petroleum Energy
JK:BIPI
|
$499.73 Million |
|
Nagarro SE
XETRA:NA9
|
$499.88 Million |
|
One Liberty Properties Inc
NYSE:OLP
|
$499.14 Million |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
$499.05 Million |
|
Jiangsu Changqing Agrochemical Co Ltd
SHE:002391
|
$499.04 Million |
|
Shelf Drilling Ltd
OL:SHLF
|
$498.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 824,626,081 to 874,610,837, a change of 49,984,756 (6.1%).
- Net income of 85,969,624 contributed positively to equity growth.
- Dividend payments of 30,254,388 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥85.97 Million | +9.83% |
| Dividends Paid | CN¥30.25 Million | -3.46% |
| Other Changes | CN¥-5.73 Million | -0.66% |
| Total Change | CN¥- | 6.06% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Dadi Haiyang Environmental Protection 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: 3.91x
- 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 4.12x to 3.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥5.86 | CN¥24.14 | x |
| 2020-12-31 | CN¥5.50 | CN¥24.14 | x |
| 2021-12-31 | CN¥5.22 | CN¥24.14 | x |
| 2022-12-31 | CN¥5.54 | CN¥24.14 | x |
| 2023-12-31 | CN¥9.82 | CN¥24.14 | x |
| 2024-12-31 | CN¥6.18 | CN¥24.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Dadi Haiyang Environmental Protection 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): 9.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.08%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.55x
- Recent ROE (9.83%) is below the historical average (10.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.78% | 13.83% | 0.58x | 2.11x | CN¥25.01 Million |
| 2020 | 17.58% | 16.56% | 0.50x | 2.11x | CN¥34.13 Million |
| 2021 | 6.97% | 9.78% | 0.45x | 1.60x | CN¥-22.48 Million |
| 2022 | 7.03% | 6.91% | 0.65x | 1.57x | CN¥-23.34 Million |
| 2023 | 6.73% | 5.92% | 0.70x | 1.62x | CN¥-26.99 Million |
| 2024 | 9.83% | 9.08% | 0.70x | 1.55x | CN¥-1.49 Million |
Industry Comparison
This section compares Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.'s net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,018,454,791
- Average return on equity (ROE) among peers: 7.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Dadi Haiyang Environmental Protection Co. Ltd. (301068) | CN¥797.80 Million | 16.78% | 0.62x | $499.19 Million |
| China Tianying Inc (000035) | $-1.23 Billion | 0.00% | 0.00x | $1.76 Billion |
| BECE Legend Group Co Ltd (000803) | $117.92 Million | -28.22% | 3.02x | $456.48 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $574.45 Million | 8.26% | 1.30x | $360.83 Million |
| Wangneng Environment Co Ltd (002034) | $546.35 Million | 1.41% | 1.19x | $1.03 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $1.29 Billion | 19.95% | 0.49x | $2.19 Billion |
| GEM Co Ltd (002340) | $21.70 Billion | 4.31% | 1.43x | $5.00 Billion |
| Dongjiang Environmental Co Ltd (002672) | $264.10 Million | 32.43% | 0.81x | $454.29 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $1.70 Billion | 22.04% | 1.62x | $537.01 Million |
| Tongxing Environmental Protection (003027) | $1.82 Billion | 4.06% | 0.36x | $294.78 Million |
| Beijing Originwater Technology (300070) | $3.39 Billion | 10.16% | 0.30x | $1.89 Billion |
About Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.
Hangzhou Dadi Haiyang Environmental Protection Co., Ltd. engages in the chemical utilization and harmless disposal business in China. It is involved in the collection, transportation, storage, and utilization of waste mineral oil, waste emulsion, waste filter elements, waste oil barrels, waste oil drums (pots), and other hazardous waste. The company engages in the dismantling and utilization of t… Read more