Super-Dragon Engineering Plastics Co. Ltd (301131) - Net Assets
Based on the latest financial reports, Super-Dragon Engineering Plastics Co. Ltd (301131) has net assets worth CN¥848.99 Million CNY (≈ $124.23 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¥1.95 Billion ≈ $284.67 Million USD) and total liabilities (CN¥1.10 Billion ≈ $160.44 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 301131 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¥848.99 Million |
| % of Total Assets | 43.64% |
| Annual Growth Rate | 23.67% |
| 5-Year Change | 115.61% |
| 10-Year Change | 554.54% |
| Growth Volatility | 19.67 |
Super-Dragon Engineering Plastics Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Super-Dragon Engineering Plastics Co. Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Super-Dragon Engineering Plastics Co. Lt fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Super-Dragon Engineering Plastics Co. Ltd (2014–2024)
The table below shows the annual net assets of Super-Dragon Engineering Plastics Co. Ltd from 2014 to 2024. For live valuation and market cap data, see 301131 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥845.21 Million ≈ $123.68 Million |
+6.14% |
| 2023-12-31 | CN¥796.29 Million ≈ $116.52 Million |
+2.65% |
| 2022-12-31 | CN¥775.76 Million ≈ $113.52 Million |
+69.98% |
| 2021-12-31 | CN¥456.38 Million ≈ $66.78 Million |
+16.42% |
| 2020-12-31 | CN¥392.01 Million ≈ $57.36 Million |
+19.70% |
| 2019-12-31 | CN¥327.49 Million ≈ $47.92 Million |
+12.84% |
| 2018-12-31 | CN¥290.23 Million ≈ $42.47 Million |
+17.45% |
| 2017-12-31 | CN¥247.11 Million ≈ $36.16 Million |
+50.97% |
| 2016-12-31 | CN¥163.68 Million ≈ $23.95 Million |
+26.76% |
| 2015-12-31 | CN¥129.13 Million ≈ $18.90 Million |
+27.88% |
| 2014-12-31 | CN¥100.97 Million ≈ $14.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Super-Dragon Engineering Plastics 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 275.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥256.98 Million | 29.51% |
| Common Stock | CN¥47.78 Million | 5.49% |
| Other Comprehensive Income | CN¥61.05 Million | 7.01% |
| Other Components | CN¥504.96 Million | 57.99% |
| Total Equity | CN¥870.77 Million | 100.00% |
Super-Dragon Engineering Plastics Co. Ltd Competitors by Market Cap
The table below lists competitors of Super-Dragon Engineering Plastics Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Soren Acquisition Corp. Class A Ordinary Shares
NASDAQ:SORN
|
$261.69 Million |
|
Guangzhou LBP Medicine Science & Technology Co Ltd
SHG:688393
|
$261.93 Million |
|
Tianyu Ecology & Landscape Co
SHG:603717
|
$261.96 Million |
|
Fubotv Inc
NYSE:FUBO
|
$261.98 Million |
|
SAB Biotherapeutics Inc
NASDAQ:SABS
|
$261.43 Million |
|
LIFELINE SPAC I OYJ A EO1
F:0CD
|
$261.36 Million |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
$261.22 Million |
|
ProCap Acquisition Corp Class A Ordinary Shares
NASDAQ:PCAP
|
$261.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Super-Dragon Engineering Plastics Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 805,419,893 to 870,769,153, a change of 65,349,260 (8.1%).
- Net income of 38,477,743 contributed positively to equity growth.
- Dividend payments of 36,384,022 reduced retained earnings.
- Other comprehensive income increased equity by 35,362,739.
- Other factors increased equity by 27,892,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.48 Million | +4.42% |
| Dividends Paid | CN¥36.38 Million | -4.18% |
| Other Comprehensive Income | CN¥35.36 Million | +4.06% |
| Other Changes | CN¥27.89 Million | +3.2% |
| Total Change | CN¥- | 8.11% |
Book Value vs Market Value Analysis
This analysis compares Super-Dragon Engineering Plastics 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: 1.95x
- 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 31.05x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.12 | CN¥34.85 | x |
| 2015-12-31 | CN¥6.31 | CN¥34.85 | x |
| 2016-12-31 | CN¥6.18 | CN¥34.85 | x |
| 2017-12-31 | CN¥8.71 | CN¥34.85 | x |
| 2018-12-31 | CN¥8.36 | CN¥34.85 | x |
| 2019-12-31 | CN¥6.85 | CN¥34.85 | x |
| 2020-12-31 | CN¥8.20 | CN¥34.85 | x |
| 2021-12-31 | CN¥9.55 | CN¥34.85 | x |
| 2022-12-31 | CN¥16.27 | CN¥34.85 | x |
| 2023-12-31 | CN¥16.86 | CN¥34.85 | x |
| 2024-12-31 | CN¥17.84 | CN¥34.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Super-Dragon Engineering Plastics 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): 4.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.25%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 2.35x
- Recent ROE (4.42%) is below the historical average (12.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 21.50% | 4.51% | 1.86x | 2.57x | CN¥10.38 Million |
| 2015 | 19.80% | 5.28% | 1.65x | 2.27x | CN¥12.66 Million |
| 2016 | 16.34% | 5.30% | 1.33x | 2.32x | CN¥10.38 Million |
| 2017 | 9.06% | 3.34% | 1.12x | 2.42x | CN¥-2.33 Million |
| 2018 | 9.59% | 3.21% | 1.08x | 2.76x | CN¥-1.18 Million |
| 2019 | 14.51% | 4.76% | 1.15x | 2.65x | CN¥14.78 Million |
| 2020 | 19.64% | 6.95% | 1.04x | 2.73x | CN¥37.77 Million |
| 2021 | 14.06% | 4.92% | 1.05x | 2.72x | CN¥18.53 Million |
| 2022 | 4.44% | 2.65% | 0.92x | 1.83x | CN¥-43.26 Million |
| 2023 | 4.61% | 2.51% | 0.88x | 2.08x | CN¥-43.39 Million |
| 2024 | 4.42% | 2.25% | 0.84x | 2.35x | CN¥-48.60 Million |
Industry Comparison
This section compares Super-Dragon Engineering Plastics Co. Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,153,987,498
- Average return on equity (ROE) among peers: 7.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Super-Dragon Engineering Plastics Co. Ltd (301131) | CN¥848.99 Million | 21.50% | 1.29x | $261.61 Million |
| XJ Electric Co Ltd (000400) | $2.53 Billion | 5.14% | 0.82x | $3.43 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 16.86% | 0.74x | $1.09 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $236.13 Million | 20.43% | 0.71x | $923.11 Million |
| Dongfang Electronics Co Ltd (000682) | $3.56 Billion | 6.95% | 0.76x | $2.53 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.08 Billion | 1.60% | 4.43x | $788.80 Million |
| Huagong Tech Co Ltd (000988) | $826.26 Million | 4.28% | 0.89x | $25.09 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.46 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.40 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $180.55 Million | -0.36% | 0.21x | $494.13 Million |
| Gotion High tech Co Ltd (002074) | $29.90 Billion | 4.04% | 2.61x | $8.00 Billion |
About Super-Dragon Engineering Plastics Co. Ltd
Super-Dragon Engineering Plastics Co., Ltd engages in research, development, manufacturing, and sale of modified plastic products in China. It provides modified general plastics, modified engineering plastics, modified special engineering plastics, and other high polymer materials. The company also offers modified PP, modified PC/ABS, modified PA, modified PBT, modified ABS, and other product ser… Read more