Nanjing Doron Technology Corp (603528) - Net Assets

Latest as of September 2025: CN¥1.97 Billion CNY ≈ $288.54 Million USD

Based on the latest financial reports, Nanjing Doron Technology Corp (603528) has net assets worth CN¥1.97 Billion CNY (≈ $288.54 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¥2.32 Billion ≈ $339.98 Million USD) and total liabilities (CN¥351.52 Million ≈ $51.44 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 Nanjing Doron Technology Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 603528 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Nanjing Doron Technology Corp.

Year	Net Assets	Change
2024-12-31	CN¥2.03 Billion ≈ $297.27 Million	-1.75%
2023-12-31	CN¥2.07 Billion ≈ $302.56 Million	+18.92%
2022-12-31	CN¥1.74 Billion ≈ $254.41 Million	+2.41%
2021-12-31	CN¥1.70 Billion ≈ $248.43 Million	-9.38%
2020-12-31	CN¥1.87 Billion ≈ $274.13 Million	+14.54%
2019-12-31	CN¥1.64 Billion ≈ $239.34 Million	+9.14%
2018-12-31	CN¥1.50 Billion ≈ $219.30 Million	+9.69%
2017-12-31	CN¥1.37 Billion ≈ $199.93 Million	+0.05%
2016-12-31	CN¥1.37 Billion ≈ $199.83 Million	+114.28%
2015-12-31	CN¥637.31 Million ≈ $93.26 Million	+49.44%
2014-12-31	CN¥426.47 Million ≈ $62.41 Million	+44.95%
2013-12-31	CN¥294.21 Million ≈ $43.05 Million	+44.95%
2012-12-31	CN¥202.98 Million ≈ $29.70 Million	+36.37%
2011-12-31	CN¥148.84 Million ≈ $21.78 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
Evergreen International Storage & Transport Corp TW:2607	$797.65 Million
Huawen Media Investment Corp SHE:000793	$797.87 Million
Relmada Therapeutics Inc NASDAQ:RLMD	$798.21 Million
Delta Israel Brands Ltd TA:DLTI	$798.39 Million
Shandong Molong Petroleum Machinery Co Ltd SHE:002490	$797.47 Million
Bowhead Specialty Holdings Inc. NYSE:BOW	$797.28 Million
Metallus, Inc NYSE:MTUS	$797.16 Million
Hubei Radio and Television Information Network Co Ltd SHE:000665	$797.06 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 6,322,701 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: 2.77x
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 15.91x to 2.77x 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¥7.72	x
2012-12-31	CN¥0.43	CN¥7.72	x
2013-12-31	CN¥0.63	CN¥7.72	x
2014-12-31	CN¥0.91	CN¥7.72	x
2015-12-31	CN¥1.37	CN¥7.72	x
2016-12-31	CN¥2.20	CN¥7.72	x
2017-12-31	CN¥2.20	CN¥7.72	x
2018-12-31	CN¥2.37	CN¥7.72	x
2019-12-31	CN¥2.57	CN¥7.72	x
2020-12-31	CN¥2.84	CN¥7.72	x
2021-12-31	CN¥2.54	CN¥7.72	x
2022-12-31	CN¥2.62	CN¥7.72	x
2023-12-31	CN¥3.17	CN¥7.72	x
2024-12-31	CN¥2.78	CN¥7.72	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 (18.63%), 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	-10.81%	-24.00%	0.24x	1.86x	CN¥-330.07 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: $3,951,687,202
Average return on equity (ROE) among peers: -0.29%

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	$797.47 Million
Digital China Information Service Co Ltd (000555)	$54.46 Million	-79.56%	3.15x	$1.96 Billion
Fujian Newland Computer Co Ltd (000997)	$2.53 Billion	18.26%	1.48x	$2.95 Billion
YGSOFT Inc (002063)	$2.77 Billion	9.50%	0.13x	$1.76 Billion
Dhc Software Co Ltd (002065)	$2.27 Billion	18.56%	0.48x	$3.86 Billion
Zhejiang Netsun Co Ltd (002095)	$494.50 Million	6.66%	0.20x	$597.98 Million
Montnets Cloud Technology Group Co Ltd (002123)	$2.29 Billion	3.31%	0.92x	$1.12 Billion
Beijing Shiji Information Technology Co Ltd (002153)	$905.80 Million	23.61%	0.18x	$4.03 Billion
Shanghai 2345 Network Holding Group (002195)	$9.15 Billion	-9.99%	0.08x	$7.14 Billion
Iflytek Co Ltd (002230)	$17.73 Billion	3.71%	1.13x	$16.17 Billion
Qiming Information Technology Co Ltd (002232)	$1.33 Billion	3.04%	0.59x	$1.06 Billion

About Nanjing Doron Technology Corp

SHG:603528 China Software - Application

Market Cap

$797.47 Million

CN¥5.45 Billion CNY

Market Cap Rank

#10179 Global

#2918 in China

Share Price

CN¥7.72

Change (1 day)

-4.93%

52-Week Range

CN¥7.72 - CN¥11.38

All Time High

CN¥33.75