Zhejiang Dafeng Industrial Co Ltd
Zhejiang Dafeng Industry Co., Ltd operates in the smart stage, lighting, sound, decoration, seating, and construction fields in China and internationally. The company offers cultural, sports and tourism technology equipment, digital art technology, rail transportation equipment, and cultural, sports and tourism operation services. The company also provides stage machinery, lighting, audio and vid… Read more
Zhejiang Dafeng Industrial Co Ltd (603081) - Net Assets
Latest net assets as of September 2025: CN¥3.23 Billion CNY
Based on the latest financial reports, Zhejiang Dafeng Industrial Co Ltd (603081) has net assets worth CN¥3.23 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¥8.08 Billion) and total liabilities (CN¥4.84 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¥3.23 Billion |
| % of Total Assets | 40.04% |
| Annual Growth Rate | 18.76% |
| 5-Year Change | 25.62% |
| 10-Year Change | 292.96% |
| Growth Volatility | 20.06 |
Zhejiang Dafeng Industrial Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Zhejiang Dafeng Industrial 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 Zhejiang Dafeng Industrial Co Ltd (2012–2024)
The table below shows the annual net assets of Zhejiang Dafeng Industrial Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion | -0.95% |
| 2023-12-31 | CN¥2.94 Billion | +1.71% |
| 2022-12-31 | CN¥2.90 Billion | +8.95% |
| 2021-12-31 | CN¥2.66 Billion | +14.46% |
| 2020-12-31 | CN¥2.32 Billion | +13.30% |
| 2019-12-31 | CN¥2.05 Billion | +19.21% |
| 2018-12-31 | CN¥1.72 Billion | +11.95% |
| 2017-12-31 | CN¥1.54 Billion | +75.08% |
| 2016-12-31 | CN¥876.97 Million | +18.16% |
| 2015-12-31 | CN¥742.22 Million | +23.22% |
| 2014-12-31 | CN¥602.37 Million | +11.37% |
| 2013-12-31 | CN¥540.86 Million | +45.94% |
| 2012-12-31 | CN¥370.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Dafeng Industrial 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 827.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.67 Billion | 58.34% |
| Common Stock | CN¥409.04 Million | 14.25% |
| Other Components | CN¥786.48 Million | 27.41% |
| Total Equity | CN¥2.87 Billion | 100.00% |
Zhejiang Dafeng Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Dafeng Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IGG Inc
PINK:IGGGF
|
$419.75 Million |
|
Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd
SHE:300537
|
$419.89 Million |
|
Ambiq Micro, Inc.
NYSE:AMBQ
|
$419.98 Million |
|
FASTIGHETSBOL.EMILSHUS B
F:Z2A0
|
$419.98 Million |
|
Solomon Technology Corp
TW:2359
|
$419.65 Million |
|
China Railway Special Cargo Logistics Co. Ltd.
SHE:001213
|
$419.62 Million |
|
Bright Oceans Inter Telecom Corp
SHG:600289
|
$419.52 Million |
|
Cuscal Ltd
AU:CCL
|
$419.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Dafeng Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,894,764,092 to 2,869,559,578, a change of -25,204,514 (-0.9%).
- Net income of 64,608,123 contributed positively to equity growth.
- Dividend payments of 108,400,758 reduced retained earnings.
- Share repurchases of 72,181,391 reduced equity.
- Other factors increased equity by 90,769,512.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥64.61 Million | +2.25% |
| Dividends Paid | CN¥108.40 Million | -3.78% |
| Share Repurchases | CN¥72.18 Million | -2.52% |
| Other Changes | CN¥90.77 Million | +3.16% |
| Total Change | CN¥- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Dafeng Industrial 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: 1.21x
- 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 11.76x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.05 | CN¥12.38 | x |
| 2013-12-31 | CN¥1.54 | CN¥12.38 | x |
| 2014-12-31 | CN¥1.72 | CN¥12.38 | x |
| 2015-12-31 | CN¥2.13 | CN¥12.38 | x |
| 2016-12-31 | CN¥2.49 | CN¥12.38 | x |
| 2017-12-31 | CN¥4.01 | CN¥12.38 | x |
| 2018-12-31 | CN¥4.25 | CN¥12.38 | x |
| 2019-12-31 | CN¥5.03 | CN¥12.38 | x |
| 2020-12-31 | CN¥5.23 | CN¥12.38 | x |
| 2021-12-31 | CN¥5.95 | CN¥12.38 | x |
| 2022-12-31 | CN¥7.06 | CN¥12.38 | x |
| 2023-12-31 | CN¥7.17 | CN¥12.38 | x |
| 2024-12-31 | CN¥10.22 | CN¥12.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Dafeng Industrial 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): 2.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.51%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.77x
- Recent ROE (2.25%) is below the historical average (15.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 29.46% | 10.50% | 0.61x | 4.58x | CN¥72.10 Million |
| 2013 | 23.44% | 10.39% | 0.88x | 2.58x | CN¥72.66 Million |
| 2014 | 22.71% | 10.64% | 0.83x | 2.58x | CN¥76.58 Million |
| 2015 | 21.60% | 11.49% | 0.79x | 2.38x | CN¥86.12 Million |
| 2016 | 22.92% | 12.42% | 0.85x | 2.18x | CN¥113.15 Million |
| 2017 | 14.96% | 13.42% | 0.62x | 1.78x | CN¥75.96 Million |
| 2018 | 13.42% | 12.81% | 0.55x | 1.92x | CN¥58.66 Million |
| 2019 | 11.68% | 11.03% | 0.49x | 2.14x | CN¥33.97 Million |
| 2020 | 13.77% | 12.50% | 0.49x | 2.27x | CN¥85.94 Million |
| 2021 | 14.95% | 13.21% | 0.42x | 2.72x | CN¥129.51 Million |
| 2022 | 10.06% | 10.10% | 0.37x | 2.68x | CN¥1.74 Million |
| 2023 | 3.49% | 5.21% | 0.25x | 2.73x | CN¥-188.47 Million |
| 2024 | 2.25% | 3.51% | 0.23x | 2.77x | CN¥-222.35 Million |
Industry Comparison
This section compares Zhejiang Dafeng Industrial Co Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,023,358,595
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Dafeng Industrial Co Ltd (603081) | CN¥3.23 Billion | 29.46% | 1.50x | $419.66 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $406.57 Million | 9.85% | 0.70x | $310.62 Million |
| Tungkong Inc (002117) | $211.00 Million | 24.79% | 1.36x | $504.60 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $1.21 Billion | 12.38% | 3.22x | $1.26 Billion |
| Hongbo Co Ltd (002229) | $1.34 Billion | -21.81% | 1.32x | $1.12 Billion |
| Beijing Shengtong Printing Co Ltd (002599) | $147.72 Million | 16.68% | 1.56x | $346.10 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $1.53 Billion | 8.27% | 0.67x | $277.42 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.00 Billion | 7.40% | 0.05x | $153.91 Million |
| Suzhou Electrical Apparatus Sci (300215) | $1.83 Billion | 4.73% | 1.24x | $356.39 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $166.51 Million | 0.00% | 1.55x | $1.97 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $2.38 Billion | 7.16% | 0.87x | $289.91 Million |