Paslin Digital Technology Co Ltd (600215) - Net Assets
Based on the latest financial reports, Paslin Digital Technology Co Ltd (600215) has net assets worth CN¥2.03 Billion CNY (≈ $297.43 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¥3.19 Billion ≈ $467.17 Million USD) and total liabilities (CN¥1.16 Billion ≈ $169.74 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 Paslin Digital Technology Co Ltd (600215) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.03 Billion |
| % of Total Assets | 63.67% |
| Annual Growth Rate | 6.4% |
| 5-Year Change | -19.35% |
| 10-Year Change | -17.25% |
| Growth Volatility | 28.96 |
Paslin Digital Technology Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Paslin Digital Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Paslin Digital Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Paslin Digital Technology Co Ltd (1996–2024)
The table below shows the annual net assets of Paslin Digital Technology Co Ltd from 1996 to 2024. For live valuation and market cap data, see Paslin Digital Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.00 Billion ≈ $292.87 Million |
+0.95% |
| 2023-12-31 | CN¥1.98 Billion ≈ $290.11 Million |
+22.11% |
| 2022-12-31 | CN¥1.62 Billion ≈ $237.58 Million |
+16.30% |
| 2021-12-31 | CN¥1.40 Billion ≈ $204.29 Million |
-43.74% |
| 2020-12-31 | CN¥2.48 Billion ≈ $363.15 Million |
-3.54% |
| 2019-12-31 | CN¥2.57 Billion ≈ $376.46 Million |
+1.83% |
| 2018-12-31 | CN¥2.53 Billion ≈ $369.70 Million |
+3.90% |
| 2017-12-31 | CN¥2.43 Billion ≈ $355.83 Million |
+0.28% |
| 2016-12-31 | CN¥2.42 Billion ≈ $354.85 Million |
+0.26% |
| 2015-12-31 | CN¥2.42 Billion ≈ $353.93 Million |
+0.08% |
| 2014-12-31 | CN¥2.42 Billion ≈ $353.66 Million |
+0.28% |
| 2013-12-31 | CN¥2.41 Billion ≈ $352.66 Million |
+0.14% |
| 2012-12-31 | CN¥2.41 Billion ≈ $352.15 Million |
+0.42% |
| 2011-12-31 | CN¥2.40 Billion ≈ $350.69 Million |
+0.12% |
| 2010-12-31 | CN¥2.39 Billion ≈ $350.28 Million |
+4.35% |
| 2009-12-31 | CN¥2.29 Billion ≈ $335.68 Million |
+0.12% |
| 2008-12-31 | CN¥2.29 Billion ≈ $335.28 Million |
-0.10% |
| 2007-12-31 | CN¥2.29 Billion ≈ $335.61 Million |
+0.41% |
| 2006-12-31 | CN¥2.28 Billion ≈ $334.24 Million |
+1.05% |
| 2005-12-31 | CN¥2.26 Billion ≈ $330.78 Million |
+1.66% |
| 2004-12-31 | CN¥2.22 Billion ≈ $325.39 Million |
+2.56% |
| 2003-12-31 | CN¥2.17 Billion ≈ $317.25 Million |
+27.78% |
| 2002-12-31 | CN¥1.70 Billion ≈ $248.28 Million |
+6.99% |
| 2001-12-31 | CN¥1.59 Billion ≈ $232.07 Million |
+6.94% |
| 2000-12-31 | CN¥1.48 Billion ≈ $217.01 Million |
+7.18% |
| 1999-12-31 | CN¥1.38 Billion ≈ $202.48 Million |
+143.98% |
| 1998-12-31 | CN¥567.13 Million ≈ $82.99 Million |
+28.68% |
| 1997-12-31 | CN¥440.74 Million ≈ $64.49 Million |
+24.95% |
| 1996-12-31 | CN¥352.72 Million ≈ $51.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Paslin Digital 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 1818.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥840.76 Million | 42.01% |
| Common Stock | CN¥463.00 Million | 23.13% |
| Other Components | CN¥697.66 Million | 34.86% |
| Total Equity | CN¥2.00 Billion | 100.00% |
Paslin Digital Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Paslin Digital Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Csd Water Service Co Ltd
SHG:603903
|
$457.30 Million |
|
Panoro Energy ASA
OL:PEN
|
$457.37 Million |
|
Daodaoquan Grain and Oil Co Ltd
SHE:002852
|
$457.53 Million |
|
Golden Eagle Energy Tbk
JK:SMMT
|
$457.58 Million |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI
|
$457.26 Million |
|
Xinjiang International Industry Co Ltd
SHE:000159
|
$457.21 Million |
|
Guangdong Transtek Medical Electronics Co Ltd
SHE:300562
|
$457.14 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
$457.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paslin Digital Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,982,584,041 to 2,001,415,034, a change of 18,830,993 (0.9%).
- Net income of 64,431,326 contributed positively to equity growth.
- Dividend payments of 72,427,895 reduced retained earnings.
- Share repurchases of 8,771,412 reduced equity.
- Other factors increased equity by 35,598,974.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥64.43 Million | +3.22% |
| Dividends Paid | CN¥72.43 Million | -3.62% |
| Share Repurchases | CN¥8.77 Million | -0.44% |
| Other Changes | CN¥35.60 Million | +1.78% |
| Total Change | CN¥- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares Paslin Digital 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: 1.56x
- 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 9.04x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.76 | CN¥6.84 | x |
| 1997-12-31 | CN¥0.95 | CN¥6.84 | x |
| 1998-12-31 | CN¥1.22 | CN¥6.84 | x |
| 1999-12-31 | CN¥2.97 | CN¥6.84 | x |
| 2000-12-31 | CN¥3.18 | CN¥6.84 | x |
| 2001-12-31 | CN¥3.40 | CN¥6.84 | x |
| 2002-12-31 | CN¥3.64 | CN¥6.84 | x |
| 2003-12-31 | CN¥4.65 | CN¥6.84 | x |
| 2004-12-31 | CN¥4.77 | CN¥6.84 | x |
| 2005-12-31 | CN¥4.85 | CN¥6.84 | x |
| 2006-12-31 | CN¥4.90 | CN¥6.84 | x |
| 2007-12-31 | CN¥4.96 | CN¥6.84 | x |
| 2008-12-31 | CN¥4.96 | CN¥6.84 | x |
| 2009-12-31 | CN¥4.91 | CN¥6.84 | x |
| 2010-12-31 | CN¥6.69 | CN¥6.84 | x |
| 2011-12-31 | CN¥5.19 | CN¥6.84 | x |
| 2012-12-31 | CN¥5.18 | CN¥6.84 | x |
| 2013-12-31 | CN¥5.93 | CN¥6.84 | x |
| 2014-12-31 | CN¥5.23 | CN¥6.84 | x |
| 2015-12-31 | CN¥5.17 | CN¥6.84 | x |
| 2016-12-31 | CN¥6.28 | CN¥6.84 | x |
| 2017-12-31 | CN¥5.12 | CN¥6.84 | x |
| 2018-12-31 | CN¥5.43 | CN¥6.84 | x |
| 2019-12-31 | CN¥5.53 | CN¥6.84 | x |
| 2020-12-31 | CN¥5.66 | CN¥6.84 | x |
| 2021-12-31 | CN¥3.18 | CN¥6.84 | x |
| 2022-12-31 | CN¥3.66 | CN¥6.84 | x |
| 2023-12-31 | CN¥4.34 | CN¥6.84 | x |
| 2024-12-31 | CN¥4.38 | CN¥6.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paslin Digital 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): 3.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.50%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.79x
- Recent ROE (3.22%) is below the historical average (5.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 24.08% | 31.44% | 0.31x | 2.45x | CN¥49.65 Million |
| 1997 | 26.10% | 27.26% | 0.46x | 2.08x | CN¥70.94 Million |
| 1998 | 22.29% | 26.90% | 0.48x | 1.74x | CN¥69.68 Million |
| 1999 | 10.30% | 24.86% | 0.32x | 1.30x | CN¥4.21 Million |
| 2000 | 9.62% | 21.06% | 0.31x | 1.45x | CN¥-5.68 Million |
| 2001 | 8.74% | 17.71% | 0.29x | 1.70x | CN¥-19.94 Million |
| 2002 | 8.26% | 13.22% | 0.31x | 2.03x | CN¥-29.59 Million |
| 2003 | 3.40% | 10.27% | 0.18x | 1.80x | CN¥-143.04 Million |
| 2004 | 1.80% | 9.19% | 0.10x | 1.95x | CN¥-182.34 Million |
| 2005 | 1.46% | 9.26% | 0.08x | 2.00x | CN¥-192.99 Million |
| 2006 | 1.38% | 17.42% | 0.04x | 2.04x | CN¥-196.86 Million |
| 2007 | 0.07% | 0.78% | 0.04x | 1.99x | CN¥-227.81 Million |
| 2008 | 0.09% | 0.99% | 0.07x | 1.41x | CN¥-227.00 Million |
| 2009 | 0.13% | 0.58% | 0.16x | 1.34x | CN¥-226.50 Million |
| 2010 | 4.21% | 29.00% | 0.10x | 1.51x | CN¥-138.47 Million |
| 2011 | 0.12% | 1.06% | 0.07x | 1.63x | CN¥-236.77 Million |
| 2012 | 0.42% | 3.31% | 0.07x | 1.85x | CN¥-230.64 Million |
| 2013 | 0.34% | 1.23% | 0.14x | 1.96x | CN¥-232.85 Million |
| 2014 | 0.38% | 0.93% | 0.24x | 1.68x | CN¥-232.43 Million |
| 2015 | 0.19% | 1.25% | 0.09x | 1.67x | CN¥-237.17 Million |
| 2016 | 0.32% | 1.80% | 0.13x | 1.41x | CN¥-234.77 Million |
| 2017 | 0.37% | 2.16% | 0.13x | 1.31x | CN¥-234.12 Million |
| 2018 | 3.87% | 16.59% | 0.21x | 1.13x | CN¥-154.94 Million |
| 2019 | 2.99% | 41.25% | 0.07x | 1.11x | CN¥-180.26 Million |
| 2020 | 3.36% | 49.30% | 0.06x | 1.14x | CN¥-164.87 Million |
| 2021 | 9.42% | 9.25% | 0.42x | 2.44x | CN¥-8.15 Million |
| 2022 | 8.78% | 12.74% | 0.31x | 2.21x | CN¥-19.82 Million |
| 2023 | 6.11% | 5.67% | 0.54x | 2.00x | CN¥-77.03 Million |
| 2024 | 3.22% | 3.50% | 0.51x | 1.79x | CN¥-135.71 Million |
Industry Comparison
This section compares Paslin Digital Technology Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,681,055,904
- Average return on equity (ROE) among peers: 10.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paslin Digital Technology Co Ltd (600215) | CN¥2.03 Billion | 24.08% | 0.57x | $457.30 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $347.86 Million | 16.58% | 0.44x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $566.75 Million | -4.83% | 2.33x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $1.68 Billion | 0.98% | 0.31x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $7.12 Billion | 5.93% | 3.58x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $2.30 Billion | 3.02% | 0.68x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $167.35 Million | 57.44% | 2.45x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $214.45 Million | 3.27% | 2.40x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $167.24 Million | 2.28% | 0.98x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $2.11 Billion | 6.12% | 0.46x | $608.71 Million |
About Paslin Digital Technology Co Ltd
Paslin Digital Technology Co., Ltd. engages in the research and development, production, assembly, sale, and service of industrial automation and related products in China. The company offers industrial automation system integration products, including welding robots, motion control systems, machine vision systems, and other intelligent control units for use in the automobile manufacturing, const… Read more