Darbond Technology Co. Ltd. A (688035) - Net Assets
Based on the latest financial reports, Darbond Technology Co. Ltd. A (688035) has net assets worth CN¥2.32 Billion CNY (≈ $339.79 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.02 Billion ≈ $441.27 Million USD) and total liabilities (CN¥693.55 Million ≈ $101.49 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 financial resilience of Darbond Technology Co. Ltd. A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.32 Billion |
| % of Total Assets | 77.0% |
| Annual Growth Rate | 55.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 111.44 |
Darbond Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Darbond Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore 688035 total assets for the complete picture of this company's asset base.
Annual Net Assets for Darbond Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Darbond Technology Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see Darbond Technology Co. Ltd. A market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.31 Billion ≈ $338.08 Million |
+1.04% |
| 2023-12-31 | CN¥2.29 Billion ≈ $334.61 Million |
+3.89% |
| 2022-12-31 | CN¥2.20 Billion ≈ $322.08 Million |
+271.65% |
| 2021-12-31 | CN¥592.22 Million ≈ $86.66 Million |
+49.60% |
| 2020-12-31 | CN¥395.86 Million ≈ $57.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Darbond Technology Co. Ltd. A'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 660.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥328.83 Million | 14.33% |
| Other Components | CN¥1.97 Billion | 85.67% |
| Total Equity | CN¥2.29 Billion | 100.00% |
Darbond Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Darbond Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hefei Jianghang Aircraft Equipment Corporation Ltd
SHG:688586
|
$1.65 Billion |
|
PLUXEE NV
PA:PLX
|
$1.65 Billion |
|
Grupo Aval Acciones y Valores S.A
F:6GAA
|
$1.65 Billion |
|
OMH SCIENCE Group Co Ltd
SHE:300486
|
$1.65 Billion |
|
KSB Ltd
NSE:KSB
|
$1.65 Billion |
|
Mister Car Wash, Inc. Common Stock
NYSE:MCW
|
$1.65 Billion |
|
Fagron NV
BR:FAGR
|
$1.65 Billion |
|
Hyundai Mar&Fi
KO:001450
|
$1.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Darbond Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,270,384,328 to 2,294,036,143, a change of 23,651,815 (1.0%).
- Net income of 97,429,117 contributed positively to equity growth.
- Dividend payments of 37,970,760 reduced retained earnings.
- Other factors decreased equity by 35,806,542.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.43 Million | +4.25% |
| Dividends Paid | CN¥37.97 Million | -1.66% |
| Other Changes | CN¥-35.81 Million | -1.56% |
| Total Change | CN¥- | 1.04% |
Book Value vs Market Value Analysis
This analysis compares Darbond Technology Co. Ltd. A'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: 4.92x
- 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 19.93x to 4.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.99 | CN¥79.41 | x |
| 2021-12-31 | CN¥5.57 | CN¥79.41 | x |
| 2022-12-31 | CN¥15.50 | CN¥79.41 | x |
| 2023-12-31 | CN¥15.96 | CN¥79.41 | x |
| 2024-12-31 | CN¥16.13 | CN¥79.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Darbond Technology Co. Ltd. A 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): 4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.35%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.29x
- Recent ROE (4.25%) is below the historical average (7.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 12.58% | 12.02% | 0.82x | 1.27x | CN¥10.30 Million |
| 2021 | 12.76% | 12.99% | 0.71x | 1.39x | CN¥16.42 Million |
| 2022 | 5.58% | 13.25% | 0.36x | 1.17x | CN¥-97.51 Million |
| 2023 | 4.53% | 11.05% | 0.34x | 1.21x | CN¥-124.09 Million |
| 2024 | 4.25% | 8.35% | 0.39x | 1.29x | CN¥-131.97 Million |
Industry Comparison
This section compares Darbond Technology Co. Ltd. A's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $952,273,216
- Average return on equity (ROE) among peers: 10.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Darbond Technology Co. Ltd. A (688035) | CN¥2.32 Billion | 12.58% | 0.30x | $1.65 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $7.23 Billion | -2.15% | 2.93x | $1.22 Billion |
| Sichuan Chemical Co Ltd (000155) | $-1.63 Billion | 0.00% | 0.00x | $4.51 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $254.65 Million | 12.48% | 1.65x | $12.43 Billion |
| Zangge Holding Co Ltd (000408) | $375.77 Million | 3.75% | 1.52x | $20.15 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.18 Billion | 6.91% | 1.06x | $1.56 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $449.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $47.44 Million | 43.47% | 1.32x | $881.48 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $484.46 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $558.49 Million | 11.35% | 0.25x | $363.63 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $1.06 Billion | 10.77% | 2.42x | $4.71 Billion |
About Darbond Technology Co. Ltd. A
Darbond Technology Co., Ltd engages in the research and development, production, and sale of polymer engineering and interface materials in China. The company offers electronic and industrial adhesives, thermal, silicon, and film products. It serves integrated circuit, graphic display, LED, green energy, transportation, industrial assembly, maintenance and repair, and consumer electronics industr… Read more