Wuxi Delinhai Environmental Technology Co Ltd (688069) - Net Assets
Based on the latest financial reports, Wuxi Delinhai Environmental Technology Co Ltd (688069) has net assets worth CN¥1.25 Billion CNY (≈ $182.45 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¥1.64 Billion ≈ $239.37 Million USD) and total liabilities (CN¥388.97 Million ≈ $56.92 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 688069 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.25 Billion |
| % of Total Assets | 76.22% |
| Annual Growth Rate | 48.29% |
| 5-Year Change | -12.09% |
| 10-Year Change | N/A |
| Growth Volatility | 115.63 |
Wuxi Delinhai Environmental Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Wuxi Delinhai Environmental Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Wuxi Delinhai Environmental Technology C for the complete picture of this company's asset base.
Annual Net Assets for Wuxi Delinhai Environmental Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Wuxi Delinhai Environmental Technology Co Ltd from 2016 to 2024. For live valuation and market cap data, see Wuxi Delinhai Environmental Technology C (688069) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.24 Billion ≈ $181.76 Million |
-13.14% |
| 2023-12-31 | CN¥1.43 Billion ≈ $209.27 Million |
-3.32% |
| 2022-12-31 | CN¥1.48 Billion ≈ $216.45 Million |
-0.48% |
| 2021-12-31 | CN¥1.49 Billion ≈ $217.50 Million |
+5.20% |
| 2020-12-31 | CN¥1.41 Billion ≈ $206.75 Million |
+349.92% |
| 2019-12-31 | CN¥314.03 Million ≈ $45.95 Million |
+34.39% |
| 2018-12-31 | CN¥233.67 Million ≈ $34.19 Million |
+147.44% |
| 2017-12-31 | CN¥94.44 Million ≈ $13.82 Million |
+77.80% |
| 2016-12-31 | CN¥53.11 Million ≈ $7.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wuxi Delinhai Environmental Technology 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 3479.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥277.11 Million | 22.38% |
| Common Stock | CN¥113.00 Million | 9.12% |
| Other Components | CN¥848.29 Million | 68.50% |
| Total Equity | CN¥1.24 Billion | 100.00% |
Wuxi Delinhai Environmental Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Wuxi Delinhai Environmental Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
$645.38 Million |
|
Union Optech Co Ltd
SHE:300691
|
$645.67 Million |
|
TomTom NV
AS:TOM2
|
$645.84 Million |
|
Seobu T&D Co. Ltd
KQ:006730
|
$645.91 Million |
|
Hyundai Home Shopping Network Corp
KO:057050
|
$644.84 Million |
|
Tempo Scan Pacific Tbk
JK:TSPC
|
$644.79 Million |
|
mobilezone ag
SW:MOZN
|
$644.79 Million |
|
iQIYI Inc
NASDAQ:IQ
|
$644.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Delinhai Environmental Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,426,651,438 to 1,238,398,812, a change of -188,252,626 (-13.2%).
- Net loss of 86,148,756 reduced equity.
- Dividend payments of 24,915,387 reduced retained earnings.
- Share repurchases of 78,067,736 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-86.15 Million | -6.96% |
| Dividends Paid | CN¥24.92 Million | -2.01% |
| Share Repurchases | CN¥78.07 Million | -6.3% |
| Other Changes | CN¥879.25K | +0.07% |
| Total Change | CN¥- | -13.20% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Delinhai Environmental Technology 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: 3.48x
- 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 28.71x to 3.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.36 | CN¥39.00 | x |
| 2017-12-31 | CN¥2.42 | CN¥39.00 | x |
| 2018-12-31 | CN¥5.58 | CN¥39.00 | x |
| 2019-12-31 | CN¥3.59 | CN¥39.00 | x |
| 2020-12-31 | CN¥14.21 | CN¥39.00 | x |
| 2021-12-31 | CN¥12.75 | CN¥39.00 | x |
| 2022-12-31 | CN¥12.85 | CN¥39.00 | x |
| 2023-12-31 | CN¥12.74 | CN¥39.00 | x |
| 2024-12-31 | CN¥11.21 | CN¥39.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Delinhai Environmental Technology 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): -6.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.21%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.31x
- Recent ROE (-6.96%) is below the historical average (14.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.65% | 16.18% | 0.54x | 1.67x | CN¥2.47 Million |
| 2017 | 32.32% | 25.73% | 0.57x | 2.19x | CN¥21.08 Million |
| 2018 | 34.34% | 38.65% | 0.70x | 1.28x | CN¥56.87 Million |
| 2019 | 31.98% | 33.83% | 0.66x | 1.42x | CN¥69.02 Million |
| 2020 | 13.65% | 39.23% | 0.30x | 1.16x | CN¥51.50 Million |
| 2021 | 7.32% | 22.14% | 0.27x | 1.24x | CN¥-39.83 Million |
| 2022 | 3.81% | 12.57% | 0.25x | 1.21x | CN¥-91.49 Million |
| 2023 | -0.94% | -4.34% | 0.18x | 1.18x | CN¥-156.11 Million |
| 2024 | -6.96% | -19.21% | 0.28x | 1.31x | CN¥-209.99 Million |
Industry Comparison
This section compares Wuxi Delinhai Environmental Technology Co Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $1,022,939,160
- Average return on equity (ROE) among peers: 2.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuxi Delinhai Environmental Technology Co Ltd (688069) | CN¥1.25 Billion | 14.65% | 0.31x | $644.88 Million |
| Central Plains Environment Protection Co Ltd (000544) | $340.22 Million | 6.78% | 1.78x | $1.21 Billion |
| Shenwu Energy Saving Co Ltd (000820) | $299.63 Million | -3.40% | 5.07x | $354.79 Million |
| Hebei Sailhero Environmental (300137) | $156.24 Million | 21.36% | 0.68x | $1.31 Billion |
| Xiongan Kerong Environment Technology Co Ltd (300152) | $716.66 Million | -66.38% | 1.87x | $208.61 Million |
| Nanjing CEC Environmental Protect (300172) | $100.26 Million | 29.74% | 1.76x | $537.70 Million |
| Shanghai Canature Environmental (300272) | $513.34 Million | 11.10% | 0.09x | $670.18 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $136.74 Million | 19.31% | 0.61x | $13.43 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $2.55 Billion | 3.46% | 0.84x | $497.16 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $4.41 Billion | 5.27% | 0.83x | $619.72 Million |
| ShenZhen GAD Environmental Technology Co. Ltd. (300854) | $1.00 Billion | 2.04% | 0.74x | $495.67 Million |
About Wuxi Delinhai Environmental Technology Co Ltd
Wuxi Delinhai Environmental Technology Co.,Ltd engages in the cyanobacteria treatment technology business in China. It is also involved in treatment business of small and medium-sized lakes for improving water quality services, as well as prevents and control of cyanobacteria blooms. The company was founded in 2009 and is based in Wuxi, China.