Ongoal Technology Co., Ltd.
Ongoal Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of material automation processing production lines and equipment in China and internationally. The company offers dual planetary mixer, slurry mixing system, twin-screw continuous slurry mixer, ribbon mixer, ploughshare mixer, rod-pin bead mill, fully automatic big bag unloading… Read more
Ongoal Technology Co., Ltd. (301662) - Net Assets
Latest net assets as of September 2025: CN¥1.44 Billion CNY
Based on the latest financial reports, Ongoal Technology Co., Ltd. (301662) has net assets worth CN¥1.44 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.60 Billion) and total liabilities (CN¥3.16 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.44 Billion |
| % of Total Assets | 31.34% |
| Annual Growth Rate | 66.25% |
| 5-Year Change | 598.16% |
| 10-Year Change | N/A |
| Growth Volatility | 44.87 |
Ongoal Technology Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Ongoal Technology Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ongoal Technology Co., Ltd. (2019–2024)
The table below shows the annual net assets of Ongoal Technology Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion | +25.70% |
| 2023-12-31 | CN¥810.04 Million | +63.84% |
| 2022-12-31 | CN¥494.41 Million | +151.75% |
| 2021-12-31 | CN¥196.39 Million | +34.66% |
| 2020-12-31 | CN¥145.84 Million | +82.08% |
| 2019-12-31 | CN¥80.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ongoal Technology 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 91687218926.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥909.19 Million | 89.29% |
| Common Stock | CN¥60.00 Million | 5.89% |
| Other Components | CN¥49.00 Million | 4.81% |
| Total Equity | CN¥1.02 Billion | 100.00% |
Ongoal Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Ongoal Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
$589.47 Million |
|
Ye Chiu Metal Recycling China Ltd
SHG:601388
|
$589.47 Million |
|
Bilia AB (publ)
ST:BILI-A
|
$589.68 Million |
|
NanJi ECommerce Co Ltd
SHE:002127
|
$589.83 Million |
|
Wuxi Best Precision Machinery Co Ltd
SHE:300580
|
$589.33 Million |
|
Smarter Microelectronics (Guangzhou) Co. Ltd. A
SHG:688512
|
$589.31 Million |
|
Anhui Sierte Fertilizer Industry Ltd Co
SHE:002538
|
$589.13 Million |
|
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A
SHG:688439
|
$588.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ongoal Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 810,042,382 to 1,018,189,028, a change of 208,146,646 (25.7%).
- Net income of 207,773,643 contributed positively to equity growth.
- Dividend payments of 23,648,226 reduced retained earnings.
- Other factors increased equity by 24,021,229.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥207.77 Million | +20.41% |
| Dividends Paid | CN¥23.65 Million | -2.32% |
| Other Changes | CN¥24.02 Million | +2.36% |
| Total Change | CN¥- | 25.70% |
Book Value vs Market Value Analysis
This analysis compares Ongoal Technology 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: 8.64x
- 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 109.81x to 8.64x 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¥1.33 | CN¥146.50 | x |
| 2020-12-31 | CN¥2.44 | CN¥146.50 | x |
| 2021-12-31 | CN¥3.26 | CN¥146.50 | x |
| 2022-12-31 | CN¥8.24 | CN¥146.50 | x |
| 2023-12-31 | CN¥13.50 | CN¥146.50 | x |
| 2024-12-31 | CN¥16.96 | CN¥146.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ongoal Technology 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): 20.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.94%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 3.95x
- Recent ROE (20.41%) is below the historical average (33.05%), 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 | 8.25% | 3.00% | 0.54x | 5.10x | CN¥-1.41 Million |
| 2020 | 45.08% | 19.80% | 0.66x | 3.46x | CN¥51.16 Million |
| 2021 | 25.50% | 8.65% | 0.48x | 6.19x | CN¥30.44 Million |
| 2022 | 60.17% | 13.66% | 0.66x | 6.68x | CN¥248.07 Million |
| 2023 | 38.88% | 9.85% | 0.75x | 5.30x | CN¥233.95 Million |
| 2024 | 20.41% | 9.94% | 0.52x | 3.95x | CN¥105.95 Million |
Industry Comparison
This section compares Ongoal Technology 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ongoal Technology Co., Ltd. (301662) | CN¥1.44 Billion | 8.25% | 2.19x | $589.34 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |