Suzhou Douson Drilling & Production Equipment Co Ltd (603800) - Net Assets
Based on the latest financial reports, Suzhou Douson Drilling & Production Equipment Co Ltd (603800) has net assets worth CN¥932.53 Million CNY (≈ $136.46 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.49 Billion ≈ $364.56 Million USD) and total liabilities (CN¥1.56 Billion ≈ $228.10 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 603800 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥932.53 Million |
| % of Total Assets | 37.43% |
| Annual Growth Rate | 8.83% |
| 5-Year Change | 8.1% |
| 10-Year Change | 4.7% |
| Growth Volatility | 28.73 |
Suzhou Douson Drilling & Production Equipment Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Suzhou Douson Drilling & Production Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Suzhou Douson Drilling & Production Equi market cap and net worth.
Annual Net Assets for Suzhou Douson Drilling & Production Equipment Co Ltd (2011–2025)
The table below shows the annual net assets of Suzhou Douson Drilling & Production Equipment Co Ltd from 2011 to 2025. Also explore 603800 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥955.38 Million ≈ $139.80 Million |
-1.57% |
| 2024-12-31 | CN¥970.62 Million ≈ $142.03 Million |
+1.91% |
| 2023-12-31 | CN¥952.44 Million ≈ $139.37 Million |
-21.18% |
| 2022-12-31 | CN¥1.21 Billion ≈ $176.82 Million |
+36.72% |
| 2021-12-31 | CN¥883.83 Million ≈ $129.33 Million |
-2.62% |
| 2020-12-31 | CN¥907.60 Million ≈ $132.81 Million |
-10.09% |
| 2019-12-31 | CN¥1.01 Billion ≈ $147.71 Million |
+0.32% |
| 2018-12-31 | CN¥1.01 Billion ≈ $147.23 Million |
+7.37% |
| 2017-12-31 | CN¥937.07 Million ≈ $137.12 Million |
+2.69% |
| 2016-12-31 | CN¥912.51 Million ≈ $133.53 Million |
-8.28% |
| 2015-12-31 | CN¥994.90 Million ≈ $145.59 Million |
+101.40% |
| 2014-12-31 | CN¥493.99 Million ≈ $72.29 Million |
+23.45% |
| 2013-12-31 | CN¥400.15 Million ≈ $58.55 Million |
+13.22% |
| 2012-12-31 | CN¥353.43 Million ≈ $51.72 Million |
+20.95% |
| 2011-12-31 | CN¥292.22 Million ≈ $42.76 Million |
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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 414.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥491.40 Million | 60.62% |
| Other Components | CN¥319.26 Million | 39.38% |
| Total Equity | CN¥810.66 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 |
|---|---|
|
AVALON TECHNOLOGIES LTD
NSE:AVALON
|
$1.78 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
$1.78 Billion |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
$1.78 Billion |
|
Jafron Biomedical Co Ltd
SHE:300529
|
$1.78 Billion |
|
Scientech Corp
TW:3583
|
$1.78 Billion |
|
Netstreit Corp
NYSE:NTST
|
$1.78 Billion |
|
Central Garden & Pet Company A
NASDAQ:CENTA
|
$1.78 Billion |
|
Beijer Alma AB (publ)
ST:BEIA-B
|
$1.78 Billion |
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 2024 to 2025, total equity changed from 817,992,535 to 810,655,822, a change of -7,336,713 (-0.9%).
- Net income of 14,524,996 contributed positively to equity growth.
- Dividend payments of 45,149,357 reduced retained earnings.
- Other comprehensive income decreased equity by 70,817,246.
- Other factors increased equity by 94,104,894.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥14.52 Million | +1.79% |
| Dividends Paid | CN¥45.15 Million | -5.57% |
| Other Comprehensive Income | CN¥-70.82 Million | -8.74% |
| Other Changes | CN¥94.10 Million | +11.61% |
| Total Change | CN¥- | -0.90% |
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: 15.03x
- 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 31.47x to 15.03x 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¥58.57 | x |
| 2012-12-31 | CN¥2.27 | CN¥58.57 | x |
| 2013-12-31 | CN¥2.57 | CN¥58.57 | x |
| 2014-12-31 | CN¥3.17 | CN¥58.57 | x |
| 2015-12-31 | CN¥6.36 | CN¥58.57 | x |
| 2016-12-31 | CN¥4.36 | CN¥58.57 | x |
| 2017-12-31 | CN¥4.49 | CN¥58.57 | x |
| 2018-12-31 | CN¥4.83 | CN¥58.57 | x |
| 2019-12-31 | CN¥4.86 | CN¥58.57 | x |
| 2020-12-31 | CN¥4.36 | CN¥58.57 | x |
| 2021-12-31 | CN¥4.18 | CN¥58.57 | x |
| 2022-12-31 | CN¥4.79 | CN¥58.57 | x |
| 2023-12-31 | CN¥3.94 | CN¥58.57 | x |
| 2024-12-31 | CN¥4.06 | CN¥58.57 | x |
| 2025-12-31 | CN¥3.90 | CN¥58.57 | 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): 1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.35%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.07x
- Recent ROE (1.79%) is below the historical average (10.10%), 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 | 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 |
| 2025 | 1.79% | 1.35% | 0.43x | 3.07x | CN¥-66.54 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: $1,454,852,089
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Douson Drilling & Production Equipment Co Ltd (603800) | CN¥932.53 Million | 25.79% | 1.67x | $1.78 Billion |
| Sinopec Oilfield Equipment Corp (000852) | $225.64 Million | 13.87% | 1.38x | $774.82 Million |
| Xinjiang Zhundong Petroleum (002207) | $364.29 Million | 2.92% | 0.80x | $212.83 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $2.59 Billion | 16.39% | 0.18x | $17.82 Billion |
| Shandong Molong Petroleum Machinery Co Ltd (002490) | $2.74 Billion | 10.07% | 0.67x | $582.64 Million |
| China Oil HBP Science & Technology Co Ltd (002554) | $2.20 Billion | 4.04% | 1.14x | $550.37 Million |
| Zhejiang Renzhi Co Ltd (002629) | $698.41 Million | 10.37% | 0.47x | $271.85 Million |
| Lanzhou Haimo Technologies Co (300084) | $1.84 Billion | 0.39% | 0.31x | $843.16 Million |
| LandOcean Energy Services Co (300157) | $2.56 Billion | 2.93% | 0.51x | $428.94 Million |
| Tong Oil Tools (300164) | $88.05 Million | 30.91% | 0.95x | $815.46 Million |
| Chengdu Huaqi Houpu Holding Co Ltd (300471) | $1.24 Billion | -38.69% | 0.65x | $694.18 Million |
About Suzhou Douson Drilling & Production Equipment Co Ltd
Jiangsu Hongtian Technology Co.,Ltd. engages in the manufacturing electrolytic copper foil and vacuum coating equipment business in China and internationally. The company operates through Oil and Gas Electrical Components, and Oil and Electricity segments. It offers products, such as wellhead and christmas tree, API 6A valves, fracturing components and equipment, well control equipment, and subse… Read more