Nanjing Wondux Environmental Protection Technology Corp Ltd (688178) - Net Assets
Based on the latest financial reports, Nanjing Wondux Environmental Protection Technology Corp Ltd (688178) has net assets worth CN¥1.04 Billion CNY (≈ $152.39 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¥2.15 Billion ≈ $314.03 Million USD) and total liabilities (CN¥1.10 Billion ≈ $161.65 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 asset resilience ratio of Nanjing Wondux Environmental Protection to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 48.53% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | -4.65% |
| 10-Year Change | N/A |
| Growth Volatility | 41.45 |
Nanjing Wondux Environmental Protection Technology Corp Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Nanjing Wondux Environmental Protection Technology Corp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Nanjing Wondux Environmental Protection balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Nanjing Wondux Environmental Protection Technology Corp Ltd (2017–2024)
The table below shows the annual net assets of Nanjing Wondux Environmental Protection Technology Corp Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Nanjing Wondux Environmental Protection worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.07 Billion ≈ $156.84 Million |
-6.19% |
| 2023-12-31 | CN¥1.14 Billion ≈ $167.20 Million |
-7.91% |
| 2022-12-31 | CN¥1.24 Billion ≈ $181.56 Million |
+3.67% |
| 2021-12-31 | CN¥1.20 Billion ≈ $175.12 Million |
+6.46% |
| 2020-12-31 | CN¥1.12 Billion ≈ $164.49 Million |
+101.51% |
| 2019-12-31 | CN¥557.85 Million ≈ $81.63 Million |
+28.74% |
| 2018-12-31 | CN¥433.33 Million ≈ $63.41 Million |
+84.01% |
| 2017-12-31 | CN¥235.49 Million ≈ $34.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanjing Wondux Environmental Protection Technology Corp 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 203.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥233.62 Million | 22.62% |
| Other Components | CN¥799.28 Million | 77.38% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Nanjing Wondux Environmental Protection Technology Corp Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Wondux Environmental Protection Technology Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guang Dong Sitong Group Co Ltd
SHG:603838
|
$420.05 Million |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
$420.06 Million |
|
RCE Capital Berhad
KLSE:9296
|
$420.18 Million |
|
Liaoning Shidai Wanheng Co Ltd
SHG:600241
|
$420.32 Million |
|
THONBURI HEALTHCARE GRO-NVDR
BK:THG-R
|
$420.01 Million |
|
Atrium Mortgage Investment Corp
TO:AI
|
$419.88 Million |
|
PT Temas Tbk
JK:TMAS
|
$419.87 Million |
|
Qingdao Richen Food Co Ltd
SHG:603755
|
$419.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Wondux Environmental Protection Technology Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,110,191,128 to 1,032,898,824, a change of -77,292,304 (-7.0%).
- Net loss of 74,209,085 reduced equity.
- Dividend payments of 15,731,181 reduced retained earnings.
- Other factors increased equity by 12,647,962.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-74.21 Million | -7.18% |
| Dividends Paid | CN¥15.73 Million | -1.52% |
| Other Changes | CN¥12.65 Million | +1.22% |
| Total Change | CN¥- | -6.96% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Wondux Environmental Protection Technology Corp 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: 2.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.23x to 2.78x 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¥4.10 | CN¥33.77 | x |
| 2018-12-31 | CN¥6.80 | CN¥33.77 | x |
| 2019-12-31 | CN¥8.75 | CN¥33.77 | x |
| 2020-12-31 | CN¥13.23 | CN¥33.77 | x |
| 2021-12-31 | CN¥14.08 | CN¥33.77 | x |
| 2022-12-31 | CN¥14.31 | CN¥33.77 | x |
| 2023-12-31 | CN¥13.02 | CN¥33.77 | x |
| 2024-12-31 | CN¥12.13 | CN¥33.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Wondux Environmental Protection Technology Corp 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): -7.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.94%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.01x
- Recent ROE (-7.18%) is below the historical average (9.26%), 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 | 29.62% | 24.69% | 0.72x | 1.67x | CN¥46.20 Million |
| 2018 | 17.96% | 15.80% | 0.56x | 2.04x | CN¥34.50 Million |
| 2019 | 22.32% | 16.09% | 0.78x | 1.78x | CN¥68.74 Million |
| 2020 | 11.24% | 15.85% | 0.45x | 1.58x | CN¥13.98 Million |
| 2021 | 6.07% | 6.93% | 0.49x | 1.79x | CN¥-47.04 Million |
| 2022 | 1.83% | 2.60% | 0.40x | 1.76x | CN¥-99.64 Million |
| 2023 | -7.80% | -10.70% | 0.37x | 1.97x | CN¥-197.65 Million |
| 2024 | -7.18% | -11.94% | 0.30x | 2.01x | CN¥-177.50 Million |
Industry Comparison
This section compares Nanjing Wondux Environmental Protection Technology Corp Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Wondux Environmental Protection Technology Corp Ltd (688178) | CN¥1.04 Billion | 29.62% | 1.06x | $420.03 Million |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Nanjing Wondux Environmental Protection Technology Corp Ltd
Nanjing Wondux Environmental Protection Technology Corp., Ltd. provides environmental protection technology and equipment. It provides solutions for treatment of garbage pollution, such as leachate treatment from waste incineration power plants, comprehensive treatment of landfill leachate, food waste disposal, fly ash washing, salt separation, and resource utilization; and industrial wastewater … Read more