North Long Dragon New Materials Technology Co. Ltd. A (301357) - Net Assets
Based on the latest financial reports, North Long Dragon New Materials Technology Co. Ltd. A (301357) has net assets worth CN¥1.13 Billion CNY (≈ $164.66 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¥1.21 Billion ≈ $177.78 Million USD) and total liabilities (CN¥89.67 Million ≈ $13.12 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 how resilient are North Long Dragon New Materials Technolo's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.13 Billion |
| % of Total Assets | 92.62% |
| Annual Growth Rate | 53.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.54 |
North Long Dragon New Materials Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how North Long Dragon New Materials Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore North Long Dragon New Materials Technolo asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for North Long Dragon New Materials Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of North Long Dragon New Materials Technology Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see market value of North Long Dragon New Materials Technolo.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.13 Billion ≈ $164.82 Million |
-1.25% |
| 2023-12-31 | CN¥1.14 Billion ≈ $166.91 Million |
+190.09% |
| 2022-12-31 | CN¥393.20 Million ≈ $57.54 Million |
+25.86% |
| 2021-12-31 | CN¥312.42 Million ≈ $45.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to North Long Dragon New Materials Technology Co. Ltd. A'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 16.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥199.25 Million | 17.69% |
| Other Components | CN¥927.09 Million | 82.31% |
| Total Equity | CN¥1.13 Billion | 100.00% |
North Long Dragon New Materials Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of North Long Dragon New Materials Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Accelerant Holdings
NYSE:ARX
|
$1.50 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
$1.50 Billion |
|
Doosan Pref Shs
KO:000155
|
$1.50 Billion |
|
Guangzhou Zhiguang Electric Co Ltd
SHE:002169
|
$1.50 Billion |
|
ALPEK S.A.B. de C.V
MX:ALPEKA
|
$1.50 Billion |
|
Proeduca Altus S.A.
MC:PRO
|
$1.50 Billion |
|
Success Electronics Ltd
SHE:002289
|
$1.50 Billion |
|
SM Entertainment Co. Ltd
KQ:041510
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in North Long Dragon New Materials Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,140,629,175 to 1,126,339,158, a change of -14,290,017 (-1.3%).
- Net loss of 10,890,017 reduced equity.
- Dividend payments of 3,508,424 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-10.89 Million | -0.97% |
| Dividends Paid | CN¥3.51 Million | -0.31% |
| Other Changes | CN¥108.42K | +0.01% |
| Total Change | CN¥- | -1.25% |
Book Value vs Market Value Analysis
This analysis compares North Long Dragon New Materials Technology Co. Ltd. A'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: 9.10x
- 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 24.60x to 9.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥4.38 | CN¥107.65 | x |
| 2022-12-31 | CN¥5.51 | CN¥107.65 | x |
| 2023-12-31 | CN¥11.98 | CN¥107.65 | x |
| 2024-12-31 | CN¥11.83 | CN¥107.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently North Long Dragon New Materials Technology Co. Ltd. A 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): -0.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.11%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.10x
- Recent ROE (-0.97%) is below the historical average (13.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 34.76% | 37.78% | 0.50x | 1.85x | CN¥77.36 Million |
| 2022 | 20.40% | 32.05% | 0.35x | 1.82x | CN¥40.88 Million |
| 2023 | 1.01% | 8.56% | 0.10x | 1.16x | CN¥-102.52 Million |
| 2024 | -0.97% | -10.11% | 0.09x | 1.10x | CN¥-123.52 Million |
Industry Comparison
This section compares North Long Dragon New Materials Technology Co. Ltd. A's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $3,620,814,038
- Average return on equity (ROE) among peers: 5.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| North Long Dragon New Materials Technology Co. Ltd. A (301357) | CN¥1.13 Billion | 34.76% | 0.08x | $1.50 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $760.88 Million | 1.58% | 0.73x | $1.30 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $673.02 Million | 0.79% | 0.67x | $3.99 Billion |
| AVIC Aircraft Co Ltd (000768) | $9.77 Billion | 3.23% | 0.74x | $9.56 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $4.21 Billion | 0.31% | 0.67x | $1.37 Billion |
| Aerospace CH UAV Co Ltd (002389) | $8.22 Billion | 1.07% | 0.33x | $3.17 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $8.14 Billion | 3.33% | 0.10x | $12.35 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $680.95 Million | 16.28% | 0.10x | $527.52 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $1.09 Billion | 1.47% | 0.15x | $476.52 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $1.13 Billion | 18.87% | 0.17x | $1.73 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $1.53 Billion | 9.41% | 0.94x | $1.37 Billion |
About North Long Dragon New Materials Technology Co. Ltd. A
North Long Dragon New Materials Tech Co., Ltd. engages in the research and development, design, production, and sale of military vehicle supporting equipment. The company offers product showcase, interior of military vehicle human-machine-environment system, ammunition equipment, military vehicle auxiliary equipment, military vehicle communication equipment, drone products, composite material avi… Read more