Daheng New Epoch Technology Inc (600288) - Net Assets

Latest as of September 2025: CN¥2.25 Billion CNY ≈ $329.39 Million USD

Based on the latest financial reports, Daheng New Epoch Technology Inc (600288) has net assets worth CN¥2.25 Billion CNY (≈ $329.39 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¥3.24 Billion ≈ $474.24 Million USD) and total liabilities (CN¥989.82 Million ≈ $144.84 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 Daheng New Epoch Technology Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Daheng New Epoch Technology Inc (600288) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600288 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥2.17 Billion ≈ $316.97 Million	-2.63%
2023-12-31	CN¥2.22 Billion ≈ $325.53 Million	+0.58%
2022-12-31	CN¥2.21 Billion ≈ $323.65 Million	+1.81%
2021-12-31	CN¥2.17 Billion ≈ $317.89 Million	+2.85%
2020-12-31	CN¥2.11 Billion ≈ $309.09 Million	+3.76%
2019-12-31	CN¥2.04 Billion ≈ $297.88 Million	+4.35%
2018-12-31	CN¥1.95 Billion ≈ $285.47 Million	+1.59%
2017-12-31	CN¥1.92 Billion ≈ $281.01 Million	+3.00%
2016-12-31	CN¥1.86 Billion ≈ $272.84 Million	+2.37%
2015-12-31	CN¥1.82 Billion ≈ $266.53 Million	+1.86%
2014-12-31	CN¥1.79 Billion ≈ $261.65 Million	+0.22%
2013-12-31	CN¥1.78 Billion ≈ $261.09 Million	-0.17%
2012-12-31	CN¥1.79 Billion ≈ $261.53 Million	+1.94%
2011-12-31	CN¥1.75 Billion ≈ $256.55 Million	+6.69%
2010-12-31	CN¥1.64 Billion ≈ $240.45 Million	+11.57%
2009-12-31	CN¥1.47 Billion ≈ $215.53 Million	+6.18%
2008-12-31	CN¥1.39 Billion ≈ $202.98 Million	+7.89%
2007-12-31	CN¥1.29 Billion ≈ $188.13 Million	+8.83%
2006-12-31	CN¥1.18 Billion ≈ $172.87 Million	+1.30%
2005-12-31	CN¥1.17 Billion ≈ $170.65 Million	+4.84%
2004-12-31	CN¥1.11 Billion ≈ $162.78 Million	+13.83%
2003-12-31	CN¥977.25 Million ≈ $143.00 Million	+15.34%
2002-12-31	CN¥847.25 Million ≈ $123.98 Million	+5.19%
2001-12-31	CN¥805.47 Million ≈ $117.87 Million	+5.40%
2000-12-31	CN¥764.18 Million ≈ $111.82 Million	+160.13%
1999-12-31	CN¥293.77 Million ≈ $42.99 Million	+87.65%
1998-12-31	CN¥156.55 Million ≈ $22.91 Million	+85.95%
1997-12-31	CN¥84.19 Million ≈ $12.32 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
I.E.S Holdings Ltd TA:IES	$973.24 Million
Shuifa Energas Gas Co Ltd SHG:603318	$974.06 Million
Shinry Technologies Co Ltd Class A SHE:300745	$974.08 Million
Equity Bancshares, Inc. NYSE:EQBK	$974.10 Million
Beijing SL Pharmaceutical Co Ltd SHE:002038	$972.66 Million
Alkyl Amines Chemicals Limited NSE:ALKYLAMINE	$972.63 Million
Guangxi Liuzhou Pharm Co Ltd SHG:603368	$972.42 Million
Hbt Financial Inc NASDAQ:HBT	$972.40 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: 3.62x
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 82.05x to 3.62x 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¥15.22	x
1998-12-31	CN¥0.34	CN¥15.22	x
1999-12-31	CN¥0.41	CN¥15.22	x
2000-12-31	CN¥1.47	CN¥15.22	x
2001-12-31	CN¥1.57	CN¥15.22	x
2002-12-31	CN¥1.63	CN¥15.22	x
2003-12-31	CN¥1.75	CN¥15.22	x
2004-12-31	CN¥1.78	CN¥15.22	x
2005-12-31	CN¥1.87	CN¥15.22	x
2006-12-31	CN¥1.96	CN¥15.22	x
2007-12-31	CN¥2.13	CN¥15.22	x
2008-12-31	CN¥2.37	CN¥15.22	x
2009-12-31	CN¥2.57	CN¥15.22	x
2010-12-31	CN¥2.85	CN¥15.22	x
2011-12-31	CN¥3.10	CN¥15.22	x
2012-12-31	CN¥3.19	CN¥15.22	x
2013-12-31	CN¥3.22	CN¥15.22	x
2014-12-31	CN¥3.34	CN¥15.22	x
2015-12-31	CN¥3.41	CN¥15.22	x
2016-12-31	CN¥3.45	CN¥15.22	x
2017-12-31	CN¥3.51	CN¥15.22	x
2018-12-31	CN¥3.56	CN¥15.22	x
2019-12-31	CN¥3.75	CN¥15.22	x
2020-12-31	CN¥3.88	CN¥15.22	x
2021-12-31	CN¥4.09	CN¥15.22	x
2022-12-31	CN¥4.18	CN¥15.22	x
2023-12-31	CN¥4.29	CN¥15.22	x
2024-12-31	CN¥4.20	CN¥15.22	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: $2,542,980,118
Average return on equity (ROE) among peers: 6.57%

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	$972.83 Million
XJ Electric Co Ltd (000400)	$1.49 Billion	11.47%	0.73x	$3.86 Billion
Guangdong Macro Co Ltd (000533)	$598.74 Million	0.58%	4.38x	$1.35 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.84 Billion	10.28%	0.11x	$1.03 Billion
Dongfang Electronics Co Ltd (000682)	$1.27 Billion	0.84%	0.19x	$2.58 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.05 Billion	-0.83%	4.35x	$864.19 Million
Huagong Tech Co Ltd (000988)	$7.43 Billion	10.24%	0.87x	$18.42 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.48 Billion	7.41%	1.41x	$1.82 Billion
Sieyuan Electric Co Ltd (002028)	$8.60 Billion	13.93%	0.62x	$23.55 Billion
Shanghai Welltech Automation Co Ltd (002058)	$175.70 Million	4.41%	0.38x	$525.19 Million
Gotion High tech Co Ltd (002074)	$497.13 Million	7.34%	0.88x	$10.24 Billion

About Daheng New Epoch Technology Inc

SHG:600288 China Electrical Equipment & Parts

Market Cap

$972.83 Million

CN¥6.65 Billion CNY

Market Cap Rank

#9289 Global

#2530 in China

Share Price

CN¥15.22

Change (1 day)

+0.26%

52-Week Range

CN¥8.78 - CN¥16.97

All Time High

CN¥20.66