Nanjing Doron Technology Corp
DuoLun Technology Corporation Ltd. develops motor vehicle driver intelligent training, testing, and application systems in China. The company provides smart vehicle administration, smart city, and smart vehicle inspection services. It also offers commercial and industrial liquid-cooled energy storage cabinet, home energy storage systems, and mobile integrated storage and charging unit; intelligen… Read more
Nanjing Doron Technology Corp (603528) - Net Assets
Latest net assets as of September 2025: CN¥1.97 Billion CNY
Based on the latest financial reports, Nanjing Doron Technology Corp (603528) has net assets worth CN¥1.97 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¥2.32 Billion) and total liabilities (CN¥351.52 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¥1.97 Billion |
| % of Total Assets | 84.87% |
| Annual Growth Rate | 22.26% |
| 5-Year Change | 8.44% |
| 10-Year Change | 218.76% |
| Growth Volatility | 31.8 |
Nanjing Doron Technology Corp - Net Assets Trend (2011–2024)
This chart illustrates how Nanjing Doron Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nanjing Doron Technology Corp (2011–2024)
The table below shows the annual net assets of Nanjing Doron Technology Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.03 Billion | -1.75% |
| 2023-12-31 | CN¥2.07 Billion | +18.92% |
| 2022-12-31 | CN¥1.74 Billion | +2.41% |
| 2021-12-31 | CN¥1.70 Billion | -9.38% |
| 2020-12-31 | CN¥1.87 Billion | +14.54% |
| 2019-12-31 | CN¥1.64 Billion | +9.14% |
| 2018-12-31 | CN¥1.50 Billion | +9.69% |
| 2017-12-31 | CN¥1.37 Billion | +0.05% |
| 2016-12-31 | CN¥1.37 Billion | +114.28% |
| 2015-12-31 | CN¥637.31 Million | +49.44% |
| 2014-12-31 | CN¥426.47 Million | +44.95% |
| 2013-12-31 | CN¥294.21 Million | +44.95% |
| 2012-12-31 | CN¥202.98 Million | +36.37% |
| 2011-12-31 | CN¥148.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing Doron Technology Corp'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 1730.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥246.17 Million | 12.59% |
| Common Stock | CN¥705.93 Million | 36.10% |
| Other Components | CN¥1.00 Billion | 51.31% |
| Total Equity | CN¥1.96 Billion | 100.00% |
Nanjing Doron Technology Corp Competitors by Market Cap
The table below lists competitors of Nanjing Doron Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyber_Folks S.A.
WAR:CBF
|
$336.53 Million |
|
China National Electric Apparatus R
SHG:688128
|
$336.54 Million |
|
Amorepacific Group
KO:002795
|
$336.59 Million |
|
Suzhou Hycan Holdings Co Ltd
SHE:002787
|
$336.71 Million |
|
Nexus Real Estate Investment Trust
PINK:EFRTF
|
$336.47 Million |
|
uPI Semiconductor Corp
TW:6719
|
$336.43 Million |
|
Lian Hwa Foods Corp
TW:1231
|
$336.43 Million |
|
Lightbridge Corp
NASDAQ:LTBR
|
$336.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Doron Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,975,887,266 to 1,955,610,838, a change of -20,276,428 (-1.0%).
- Net income of 6,322,699 contributed positively to equity growth.
- Share repurchases of 30,498,736 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥6.32 Million | +0.32% |
| Share Repurchases | CN¥30.50 Million | -1.56% |
| Other Changes | CN¥3.90 Million | +0.2% |
| Total Change | CN¥- | -1.03% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Doron Technology Corp'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: 3.10x
- 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 17.76x to 3.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.49 | CN¥8.62 | x |
| 2012-12-31 | CN¥0.65 | CN¥8.62 | x |
| 2013-12-31 | CN¥0.94 | CN¥8.62 | x |
| 2014-12-31 | CN¥1.37 | CN¥8.62 | x |
| 2015-12-31 | CN¥2.05 | CN¥8.62 | x |
| 2016-12-31 | CN¥3.60 | CN¥8.62 | x |
| 2017-12-31 | CN¥2.20 | CN¥8.62 | x |
| 2018-12-31 | CN¥2.37 | CN¥8.62 | x |
| 2019-12-31 | CN¥2.57 | CN¥8.62 | x |
| 2020-12-31 | CN¥2.84 | CN¥8.62 | x |
| 2021-12-31 | CN¥2.54 | CN¥8.62 | x |
| 2022-12-31 | CN¥2.62 | CN¥8.62 | x |
| 2023-12-31 | CN¥3.17 | CN¥8.62 | x |
| 2024-12-31 | CN¥2.78 | CN¥8.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Doron Technology Corp 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): 0.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.21%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.24x
- Recent ROE (0.32%) is below the historical average (18.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 30.91% | 17.62% | 0.50x | 3.50x | CN¥31.12 Million |
| 2012 | 37.50% | 25.15% | 0.43x | 3.47x | CN¥55.26 Million |
| 2013 | 48.33% | 31.16% | 0.42x | 3.69x | CN¥111.66 Million |
| 2014 | 61.88% | 39.62% | 0.52x | 3.02x | CN¥220.08 Million |
| 2015 | 47.98% | 41.60% | 0.53x | 2.19x | CN¥241.40 Million |
| 2016 | 22.64% | 37.11% | 0.44x | 1.40x | CN¥172.38 Million |
| 2017 | 7.48% | 20.04% | 0.25x | 1.49x | CN¥-34.34 Million |
| 2018 | 9.17% | 24.54% | 0.26x | 1.43x | CN¥-12.26 Million |
| 2019 | 9.59% | 21.98% | 0.32x | 1.35x | CN¥-6.54 Million |
| 2020 | 4.49% | 12.51% | 0.22x | 1.61x | CN¥-97.66 Million |
| 2021 | -11.04% | -24.50% | 0.24x | 1.86x | CN¥-333.66 Million |
| 2022 | 3.11% | 6.89% | 0.25x | 1.81x | CN¥-112.73 Million |
| 2023 | -11.74% | -43.64% | 0.21x | 1.31x | CN¥-429.50 Million |
| 2024 | 0.32% | 1.21% | 0.22x | 1.24x | CN¥-189.24 Million |
Industry Comparison
This section compares Nanjing Doron Technology Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $4,485,658,760
- Average return on equity (ROE) among peers: 6.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Doron Technology Corp (603528) | CN¥1.97 Billion | 30.91% | 0.18x | $336.50 Million |
| Fujian Newland Computer Co Ltd (000997) | $6.71 Billion | 14.96% | 0.97x | $2.08 Billion |
| YGSOFT Inc (002063) | $1.61 Billion | 11.82% | 0.19x | $1.28 Billion |
| Dhc Software Co Ltd (002065) | $8.91 Billion | 10.10% | 0.40x | $2.42 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.13 Billion | -2.03% | 0.34x | $324.18 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $4.86 Billion | 2.03% | 0.51x | $966.68 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $7.96 Billion | -2.50% | 0.19x | $1.02 Billion |
| Shanghai 2345 Network Holding Group (002195) | $4.45 Billion | 9.38% | 0.08x | $6.66 Billion |
| Iflytek Co Ltd (002230) | $7.22 Billion | 6.71% | 0.44x | $12.39 Billion |
| Wisesoft Co Ltd (002253) | $1.32 Billion | 2.54% | 0.22x | $273.99 Million |
| Beijing Join-Cheer Software Co Ltd (002279) | $709.85 Million | 8.37% | 0.07x | $736.60 Million |