Donglai Coating Technology (Shanghai) Co. Ltd. A
Donglai Coating Technology(Shanghai)Co.,Ltd provides coating solutions in China and internationally. It offers car refinish, fluorocarbon protective, interior and exterior parts, and 3C advanced paints under the onwings, onwaves, and Fixs brand. The company was founded in 1999 and is based in Shanghai, China.
Donglai Coating Technology (Shanghai) Co. Ltd. A (688129) - Net Assets
Latest net assets as of September 2025: CN¥944.41 Million CNY
Based on the latest financial reports, Donglai Coating Technology (Shanghai) Co. Ltd. A (688129) has net assets worth CN¥944.41 Million 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¥1.67 Billion) and total liabilities (CN¥721.11 Million). 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¥944.41 Million |
| % of Total Assets | 56.7% |
| Annual Growth Rate | 24.72% |
| 5-Year Change | 8.96% |
| 10-Year Change | N/A |
| Growth Volatility | 54.05 |
Donglai Coating Technology (Shanghai) Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Donglai Coating Technology (Shanghai) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Donglai Coating Technology (Shanghai) Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Donglai Coating Technology (Shanghai) Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥861.35 Million | -0.73% |
| 2023-12-31 | CN¥867.71 Million | +2.79% |
| 2022-12-31 | CN¥844.13 Million | -2.28% |
| 2021-12-31 | CN¥863.80 Million | +9.27% |
| 2020-12-31 | CN¥790.53 Million | +161.42% |
| 2019-12-31 | CN¥302.40 Million | +22.99% |
| 2018-12-31 | CN¥245.87 Million | +34.03% |
| 2017-12-31 | CN¥183.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Donglai Coating Technology (Shanghai) 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 1003.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥345.09 Million | 40.06% |
| Common Stock | CN¥120.48 Million | 13.99% |
| Other Comprehensive Income | CN¥13.54 Million | 1.57% |
| Other Components | CN¥382.24 Million | 44.38% |
| Total Equity | CN¥861.35 Million | 100.00% |
Donglai Coating Technology (Shanghai) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Donglai Coating Technology (Shanghai) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMTD Digital Inc.
NYSE:HKD
|
$110.65 Million |
|
Webzen Inc
KQ:069080
|
$110.68 Million |
|
Seoyon E Hwa Co Ltd
KO:200880
|
$110.76 Million |
|
Clinica Baviera
MC:CBAV
|
$110.76 Million |
|
Vaibhav Global Limited
NSE:VAIBHAVGBL
|
$110.61 Million |
|
PLINTAS
KLSE:5320
|
$110.61 Million |
|
Samil Pharm
KO:000520
|
$110.58 Million |
|
Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848
|
$110.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Donglai Coating Technology (Shanghai) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 867,711,721 to 861,346,220, a change of -6,365,501 (-0.7%).
- Net income of 84,745,308 contributed positively to equity growth.
- Dividend payments of 45,799,561 reduced retained earnings.
- Share repurchases of 62,984,609 reduced equity.
- Other comprehensive income increased equity by 1,756,622.
- Other factors increased equity by 15,916,739.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥84.75 Million | +9.84% |
| Dividends Paid | CN¥45.80 Million | -5.32% |
| Share Repurchases | CN¥62.98 Million | -7.31% |
| Other Comprehensive Income | CN¥1.76 Million | +0.2% |
| Other Changes | CN¥15.92 Million | +1.85% |
| Total Change | CN¥- | -0.73% |
Book Value vs Market Value Analysis
This analysis compares Donglai Coating Technology (Shanghai) 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: 3.25x
- 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 12.13x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.04 | CN¥24.77 | x |
| 2018-12-31 | CN¥2.74 | CN¥24.77 | x |
| 2019-12-31 | CN¥2.52 | CN¥24.77 | x |
| 2020-12-31 | CN¥6.59 | CN¥24.77 | x |
| 2021-12-31 | CN¥7.20 | CN¥24.77 | x |
| 2022-12-31 | CN¥7.21 | CN¥24.77 | x |
| 2023-12-31 | CN¥7.22 | CN¥24.77 | x |
| 2024-12-31 | CN¥7.62 | CN¥24.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Donglai Coating Technology (Shanghai) 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): 9.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.18%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.85x
- Recent ROE (9.84%) is below the historical average (17.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 40.14% | 16.87% | 1.59x | 1.50x | CN¥55.29 Million |
| 2018 | 31.78% | 17.06% | 1.35x | 1.38x | CN¥53.55 Million |
| 2019 | 27.11% | 17.53% | 1.17x | 1.32x | CN¥51.75 Million |
| 2020 | 9.91% | 19.20% | 0.46x | 1.12x | CN¥-699.41K |
| 2021 | 10.87% | 19.03% | 0.49x | 1.16x | CN¥7.55 Million |
| 2022 | 2.54% | 5.45% | 0.32x | 1.47x | CN¥-62.94 Million |
| 2023 | 5.96% | 9.96% | 0.33x | 1.81x | CN¥-35.10 Million |
| 2024 | 9.84% | 14.18% | 0.37x | 1.85x | CN¥-1.39 Million |
Industry Comparison
This section compares Donglai Coating Technology (Shanghai) Co. Ltd. A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Donglai Coating Technology (Shanghai) Co. Ltd. A (688129) | CN¥944.41 Million | 40.14% | 0.76x | $110.63 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |