Suzhou Douson Drilling & Production Equipment Co Ltd
Jiangsu Hongtian Technology Co.,Ltd. engages in the oil and gas electrical, and electrolytic copper foil equipment business in China. The company also engages in steel trading, oil and gas product processing, and oil and gas forging production. The company was formerly known as Suzhou Douson Drilling & Production Equipment Co.,Ltd. and changed its name to Jiangsu Hongtian Technology Co.,Ltd. in J… Read more
Suzhou Douson Drilling & Production Equipment Co Ltd (603800) - Net Assets
Latest net assets as of September 2025: CN¥1.02 Billion CNY
Based on the latest financial reports, Suzhou Douson Drilling & Production Equipment Co Ltd (603800) has net assets worth CN¥1.02 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¥2.73 Billion) and total liabilities (CN¥1.72 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¥1.02 Billion |
| % of Total Assets | 37.21% |
| Annual Growth Rate | 9.67% |
| 5-Year Change | 6.94% |
| 10-Year Change | -2.44% |
| Growth Volatility | 29.57 |
Suzhou Douson Drilling & Production Equipment Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment Co Ltd (2011–2024)
The table below shows the annual net assets of Suzhou Douson Drilling & Production Equipment Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥970.62 Million | +1.91% |
| 2023-12-31 | CN¥952.44 Million | -21.18% |
| 2022-12-31 | CN¥1.21 Billion | +36.72% |
| 2021-12-31 | CN¥883.83 Million | -2.62% |
| 2020-12-31 | CN¥907.60 Million | -10.09% |
| 2019-12-31 | CN¥1.01 Billion | +0.32% |
| 2018-12-31 | CN¥1.01 Billion | +7.37% |
| 2017-12-31 | CN¥937.07 Million | +2.69% |
| 2016-12-31 | CN¥912.51 Million | -8.28% |
| 2015-12-31 | CN¥994.90 Million | +101.40% |
| 2014-12-31 | CN¥493.99 Million | +23.45% |
| 2013-12-31 | CN¥400.15 Million | +13.22% |
| 2012-12-31 | CN¥353.43 Million | +20.95% |
| 2011-12-31 | CN¥292.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Douson Drilling & Production Equipment 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 422.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥498.87 Million | 60.99% |
| Common Stock | CN¥208.00 Million | 25.43% |
| Other Comprehensive Income | CN¥70.82 Million | 8.66% |
| Other Components | CN¥40.30 Million | 4.93% |
| Total Equity | CN¥817.99 Million | 100.00% |
Suzhou Douson Drilling & Production Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Douson Drilling & Production Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Catapult Group International Limited
PINK:CAZGF
|
$499.11 Million |
|
Nextdoor Holdings Inc
NYSE:KIND
|
$499.23 Million |
|
Integra Resources Corp
NYSE MKT:ITRG
|
$499.32 Million |
|
Allianz Malaysia Bhd
KLSE:1163PA
|
$499.43 Million |
|
Instructure Holdings Inc
NYSE:INST
|
$499.00 Million |
|
Great Southern Bancorp Inc
NASDAQ:GSBC
|
$498.95 Million |
|
Wacom Co. Ltd
PINK:WACMF
|
$498.80 Million |
|
Spin Master Corp
PINK:SNMSF
|
$498.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Douson Drilling & Production Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 814,213,627 to 817,992,535, a change of 3,778,908 (0.5%).
- Net income of 116,990,131 contributed positively to equity growth.
- Dividend payments of 58,515,478 reduced retained earnings.
- Share repurchases of 83,517,060 reduced equity.
- Other comprehensive income increased equity by 70,817,078.
- Other factors decreased equity by 41,995,763.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥116.99 Million | +14.3% |
| Dividends Paid | CN¥58.52 Million | -7.15% |
| Share Repurchases | CN¥83.52 Million | -10.21% |
| Other Comprehensive Income | CN¥70.82 Million | +8.66% |
| Other Changes | CN¥-42.00 Million | -5.13% |
| Total Change | CN¥- | 0.46% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Douson Drilling & Production Equipment 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: 9.54x
- 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 20.80x to 9.54x 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¥1.86 | CN¥38.70 | x |
| 2012-12-31 | CN¥2.27 | CN¥38.70 | x |
| 2013-12-31 | CN¥2.57 | CN¥38.70 | x |
| 2014-12-31 | CN¥3.17 | CN¥38.70 | x |
| 2015-12-31 | CN¥6.36 | CN¥38.70 | x |
| 2016-12-31 | CN¥4.36 | CN¥38.70 | x |
| 2017-12-31 | CN¥4.49 | CN¥38.70 | x |
| 2018-12-31 | CN¥4.83 | CN¥38.70 | x |
| 2019-12-31 | CN¥4.86 | CN¥38.70 | x |
| 2020-12-31 | CN¥4.36 | CN¥38.70 | x |
| 2021-12-31 | CN¥4.18 | CN¥38.70 | x |
| 2022-12-31 | CN¥4.79 | CN¥38.70 | x |
| 2023-12-31 | CN¥3.94 | CN¥38.70 | x |
| 2024-12-31 | CN¥4.06 | CN¥38.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Douson Drilling & Production Equipment 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): 14.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.52%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.57x
- Recent ROE (14.30%) is above the historical average (10.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 25.79% | 12.55% | 0.85x | 2.41x | CN¥46.15 Million |
| 2012 | 21.05% | 10.11% | 0.96x | 2.18x | CN¥39.07 Million |
| 2013 | 15.22% | 7.99% | 0.96x | 1.98x | CN¥20.87 Million |
| 2014 | 21.80% | 11.21% | 1.02x | 1.91x | CN¥58.28 Million |
| 2015 | 2.79% | 4.68% | 0.47x | 1.27x | CN¥-71.52 Million |
| 2016 | -6.62% | -14.41% | 0.34x | 1.36x | CN¥-150.73 Million |
| 2017 | 3.13% | 3.52% | 0.58x | 1.53x | CN¥-64.14 Million |
| 2018 | 8.87% | 7.62% | 0.74x | 1.58x | CN¥-11.39 Million |
| 2019 | 11.10% | 8.57% | 0.75x | 1.73x | CN¥11.15 Million |
| 2020 | 0.48% | 0.51% | 0.54x | 1.74x | CN¥-86.42 Million |
| 2021 | -4.10% | -3.03% | 0.65x | 2.07x | CN¥-122.47 Million |
| 2022 | 10.68% | 4.86% | 0.59x | 3.71x | CN¥6.77 Million |
| 2023 | 25.15% | 9.15% | 0.62x | 4.45x | CN¥123.36 Million |
| 2024 | 14.30% | 8.52% | 0.47x | 3.57x | CN¥35.19 Million |
Industry Comparison
This section compares Suzhou Douson Drilling & Production Equipment Co Ltd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $992,882,705
- Average return on equity (ROE) among peers: -22.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Douson Drilling & Production Equipment Co Ltd (603800) | CN¥1.02 Billion | 25.79% | 1.69x | $499.01 Million |
| Xinjiang Zhundong Petroleum (002207) | $156.67 Million | 4.89% | 1.19x | $275.58 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $3.16 Billion | 20.35% | 0.48x | $7.68 Billion |
| China Oil HBP Science & Technology Co Ltd (002554) | $1.74 Billion | -28.35% | 1.23x | $416.87 Million |
| Zhejiang Renzhi Co Ltd (002629) | $685.23 Million | 3.58% | 0.12x | $282.35 Million |
| Lanzhou Haimo Technologies Co (300084) | $1.07 Billion | 3.74% | 0.52x | $485.03 Million |
| LandOcean Energy Services Co (300157) | $269.26 Million | -267.05% | 6.94x | $562.67 Million |
| Tong Oil Tools (300164) | $118.51 Million | 30.83% | 0.86x | $511.69 Million |
| Sino Geophysical (300191) | $1.17 Billion | -4.09% | 0.08x | $943.88 Million |
| Chengdu Huaqi Houpu Holding Co Ltd (300471) | $225.12 Million | 0.00% | 1.02x | $599.98 Million |
| Dezhou United Petroleum Technology Co.Ltd. (301158) | $1.33 Billion | 7.45% | 0.34x | $266.67 Million |