Daheng New Epoch Technology Inc
Daheng New Epoch Technology Inc. engages in the machine vision and information technology, optomechanical integration, and digital TV network editing and broadcasting systems in China. The company offers machine core components, machine vision system solutions, industrial digital cameras, image acquisition cards, image processing software, smart cameras, etc.; as well as electronic computers and … Read more
Daheng New Epoch Technology Inc (600288) - Net Assets
Latest net assets as of September 2025: CN¥2.25 Billion CNY
Based on the latest financial reports, Daheng New Epoch Technology Inc (600288) has net assets worth CN¥2.25 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¥3.24 Billion) and total liabilities (CN¥989.82 Million). 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¥2.25 Billion |
| % of Total Assets | 69.46% |
| Annual Growth Rate | 12.78% |
| 5-Year Change | 2.55% |
| 10-Year Change | 18.92% |
| Growth Volatility | 35.7 |
Daheng New Epoch Technology Inc - Net Assets Trend (1997–2024)
This chart illustrates how Daheng New Epoch Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daheng New Epoch Technology Inc (1997–2024)
The table below shows the annual net assets of Daheng New Epoch Technology Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion | -2.63% |
| 2023-12-31 | CN¥2.22 Billion | +0.58% |
| 2022-12-31 | CN¥2.21 Billion | +1.81% |
| 2021-12-31 | CN¥2.17 Billion | +2.85% |
| 2020-12-31 | CN¥2.11 Billion | +3.76% |
| 2019-12-31 | CN¥2.04 Billion | +4.35% |
| 2018-12-31 | CN¥1.95 Billion | +1.59% |
| 2017-12-31 | CN¥1.92 Billion | +3.00% |
| 2016-12-31 | CN¥1.86 Billion | +2.37% |
| 2015-12-31 | CN¥1.82 Billion | +1.86% |
| 2014-12-31 | CN¥1.79 Billion | +0.22% |
| 2013-12-31 | CN¥1.78 Billion | -0.17% |
| 2012-12-31 | CN¥1.79 Billion | +1.94% |
| 2011-12-31 | CN¥1.75 Billion | +6.69% |
| 2010-12-31 | CN¥1.64 Billion | +11.57% |
| 2009-12-31 | CN¥1.47 Billion | +6.18% |
| 2008-12-31 | CN¥1.39 Billion | +7.89% |
| 2007-12-31 | CN¥1.29 Billion | +8.83% |
| 2006-12-31 | CN¥1.18 Billion | +1.30% |
| 2005-12-31 | CN¥1.17 Billion | +4.84% |
| 2004-12-31 | CN¥1.11 Billion | +13.83% |
| 2003-12-31 | CN¥977.25 Million | +15.34% |
| 2002-12-31 | CN¥847.25 Million | +5.19% |
| 2001-12-31 | CN¥805.47 Million | +5.40% |
| 2000-12-31 | CN¥764.18 Million | +160.13% |
| 1999-12-31 | CN¥293.77 Million | +87.65% |
| 1998-12-31 | CN¥156.55 Million | +85.95% |
| 1997-12-31 | CN¥84.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daheng New Epoch Technology Inc'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 104844600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 57.15% |
| Common Stock | CN¥436.80 Million | 23.81% |
| Other Comprehensive Income | CN¥189.89 Million | 10.35% |
| Other Components | CN¥159.49 Million | 8.69% |
| Total Equity | CN¥1.83 Billion | 100.00% |
Daheng New Epoch Technology Inc Competitors by Market Cap
The table below lists competitors of Daheng New Epoch Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dashang Co Ltd
SHG:600694
|
$502.31 Million |
|
Eco World Develop Group
KLSE:8206
|
$502.55 Million |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
$502.66 Million |
|
Shanghai Jiao Yun Group Co Ltd
SHG:600676
|
$502.73 Million |
|
Shandong Weida Machinery Co Ltd
SHE:002026
|
$501.94 Million |
|
RemeGen Co. Ltd
PINK:REGMF
|
$501.91 Million |
|
Kaili Catalyst & New Materials Co. Ltd. A
SHG:688269
|
$501.82 Million |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
$501.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daheng New Epoch Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,872,856,000 to 1,834,624,000, a change of -38,232,000 (-2.0%).
- Net loss of 32,016,000 reduced equity.
- Dividend payments of 10,544,000 reduced retained earnings.
- Other comprehensive income increased equity by 186,945,750.
- Other factors decreased equity by 182,617,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-32.02 Million | -1.75% |
| Dividends Paid | CN¥10.54 Million | -0.57% |
| Other Comprehensive Income | CN¥186.95 Million | +10.19% |
| Other Changes | CN¥-182.62 Million | -9.95% |
| Total Change | CN¥- | -2.04% |
Book Value vs Market Value Analysis
This analysis compares Daheng New Epoch Technology Inc'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: 3.59x
- 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 81.24x to 3.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.19 | CN¥15.07 | x |
| 1998-12-31 | CN¥0.34 | CN¥15.07 | x |
| 1999-12-31 | CN¥0.41 | CN¥15.07 | x |
| 2000-12-31 | CN¥1.47 | CN¥15.07 | x |
| 2001-12-31 | CN¥1.57 | CN¥15.07 | x |
| 2002-12-31 | CN¥1.63 | CN¥15.07 | x |
| 2003-12-31 | CN¥1.75 | CN¥15.07 | x |
| 2004-12-31 | CN¥1.78 | CN¥15.07 | x |
| 2005-12-31 | CN¥1.87 | CN¥15.07 | x |
| 2006-12-31 | CN¥1.96 | CN¥15.07 | x |
| 2007-12-31 | CN¥2.13 | CN¥15.07 | x |
| 2008-12-31 | CN¥2.37 | CN¥15.07 | x |
| 2009-12-31 | CN¥2.57 | CN¥15.07 | x |
| 2010-12-31 | CN¥2.85 | CN¥15.07 | x |
| 2011-12-31 | CN¥3.10 | CN¥15.07 | x |
| 2012-12-31 | CN¥3.19 | CN¥15.07 | x |
| 2013-12-31 | CN¥3.22 | CN¥15.07 | x |
| 2014-12-31 | CN¥3.34 | CN¥15.07 | x |
| 2015-12-31 | CN¥3.41 | CN¥15.07 | x |
| 2016-12-31 | CN¥3.45 | CN¥15.07 | x |
| 2017-12-31 | CN¥3.51 | CN¥15.07 | x |
| 2018-12-31 | CN¥3.56 | CN¥15.07 | x |
| 2019-12-31 | CN¥3.75 | CN¥15.07 | x |
| 2020-12-31 | CN¥3.88 | CN¥15.07 | x |
| 2021-12-31 | CN¥4.09 | CN¥15.07 | x |
| 2022-12-31 | CN¥4.18 | CN¥15.07 | x |
| 2023-12-31 | CN¥4.29 | CN¥15.07 | x |
| 2024-12-31 | CN¥4.20 | CN¥15.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daheng New Epoch Technology Inc 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): -1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.82%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.67x
- Recent ROE (-1.75%) is below the historical average (5.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 11.43% | 3.46% | 1.35x | 2.45x | CN¥1.16 Million |
| 1998 | 12.88% | 5.97% | 0.99x | 2.18x | CN¥4.33 Million |
| 1999 | 16.32% | 3.58% | 1.20x | 3.80x | CN¥11.35 Million |
| 2000 | 5.85% | 3.15% | 0.97x | 1.91x | CN¥-26.64 Million |
| 2001 | 6.26% | 3.19% | 1.08x | 1.82x | CN¥-25.72 Million |
| 2002 | 6.47% | 2.72% | 1.25x | 1.90x | CN¥-25.12 Million |
| 2003 | 6.44% | 2.03% | 1.41x | 2.26x | CN¥-27.15 Million |
| 2004 | 4.75% | 1.32% | 1.36x | 2.64x | CN¥-40.88 Million |
| 2005 | 5.26% | 1.35% | 1.42x | 2.75x | CN¥-38.67 Million |
| 2006 | 6.12% | 1.62% | 1.26x | 2.98x | CN¥-33.19 Million |
| 2007 | 7.27% | 1.97% | 1.34x | 2.76x | CN¥-25.36 Million |
| 2008 | 9.41% | 3.09% | 1.22x | 2.49x | CN¥-6.09 Million |
| 2009 | 7.46% | 2.55% | 1.20x | 2.44x | CN¥-28.58 Million |
| 2010 | 9.85% | 3.10% | 1.31x | 2.43x | CN¥-1.86 Million |
| 2011 | 7.92% | 2.63% | 1.24x | 2.42x | CN¥-28.15 Million |
| 2012 | 4.88% | 1.77% | 1.19x | 2.31x | CN¥-71.32 Million |
| 2013 | 2.63% | 1.05% | 1.06x | 2.38x | CN¥-103.66 Million |
| 2014 | 1.82% | 0.79% | 1.06x | 2.17x | CN¥-119.25 Million |
| 2015 | 1.86% | 1.03% | 0.87x | 2.06x | CN¥-121.12 Million |
| 2016 | 1.95% | 1.09% | 0.87x | 2.04x | CN¥-121.21 Million |
| 2017 | 2.27% | 1.17% | 0.94x | 2.05x | CN¥-118.62 Million |
| 2018 | 3.26% | 1.52% | 1.05x | 2.04x | CN¥-104.94 Million |
| 2019 | 4.46% | 2.21% | 1.01x | 2.00x | CN¥-90.82 Million |
| 2020 | 3.38% | 2.47% | 0.64x | 2.13x | CN¥-112.17 Million |
| 2021 | 5.15% | 3.62% | 0.72x | 1.98x | CN¥-86.62 Million |
| 2022 | 3.81% | 2.99% | 0.65x | 1.97x | CN¥-113.09 Million |
| 2023 | 2.66% | 2.14% | 0.71x | 1.76x | CN¥-137.38 Million |
| 2024 | -1.75% | -1.82% | 0.58x | 1.67x | CN¥-215.48 Million |
Industry Comparison
This section compares Daheng New Epoch Technology Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daheng New Epoch Technology Inc (600288) | CN¥2.25 Billion | 11.43% | 0.44x | $502.29 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |