Kunshan Dongwei Technology Co Ltd

SHG:688700 China Specialty Industrial Machinery
Market Cap
$1.96 Billion
CN¥14.39 Billion CNY
Market Cap Rank
#7490 Global
#1291 in China
Share Price
CN¥48.22
Change (1 day)
+2.23%
52-Week Range
CN¥28.77 - CN¥48.56
All Time High
CN¥92.03
About

Kunshan Dongwei Technology Co.,Ltd. engages in the research and development, manufacture, and sale of print circuit board plating equipment in China. It also offers general metal plating, plastic plating, anodizing line, and PCB plating/wet process equipment; barrel plating equipment; and accessories, as well as technical services for surface treatment engineering. The company was founded in 2002… Read more

Kunshan Dongwei Technology Co Ltd (688700) - Net Assets

Latest net assets as of September 2025: CN¥1.80 Billion CNY

Based on the latest financial reports, Kunshan Dongwei Technology Co Ltd (688700) has net assets worth CN¥1.80 Billion 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¥3.15 Billion) and total liabilities (CN¥1.35 Billion). 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¥1.80 Billion
% of Total Assets 57.09%
Annual Growth Rate 52.05%
5-Year Change 384.21%
10-Year Change N/A
Growth Volatility 40.85

Kunshan Dongwei Technology Co Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Kunshan Dongwei Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Kunshan Dongwei Technology Co Ltd (2017–2024)

The table below shows the annual net assets of Kunshan Dongwei Technology Co Ltd from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.73 Billion -0.15%
2023-12-31 CN¥1.74 Billion +85.12%
2022-12-31 CN¥937.94 Million +22.00%
2021-12-31 CN¥768.80 Million +114.73%
2020-12-31 CN¥358.03 Million +22.74%
2019-12-31 CN¥291.69 Million +100.55%
2018-12-31 CN¥145.45 Million +57.71%
2017-12-31 CN¥92.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Kunshan Dongwei 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 506.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥477.13 Million 27.52%
Common Stock CN¥298.40 Million 17.21%
Other Comprehensive Income CN¥62.35 Million 3.60%
Other Components CN¥895.75 Million 51.67%
Total Equity CN¥1.73 Billion 100.00%

Kunshan Dongwei Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Kunshan Dongwei Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kunshan Dongwei Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,736,315,757 to 1,733,625,561, a change of -2,690,196 (-0.2%).
  • Net income of 69,272,895 contributed positively to equity growth.
  • Dividend payments of 57,307,800 reduced retained earnings.
  • Share repurchases of 15,059,685 reduced equity.
  • Other comprehensive income increased equity by 62,348,635.
  • Other factors decreased equity by 61,944,241.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥69.27 Million +4.0%
Dividends Paid CN¥57.31 Million -3.31%
Share Repurchases CN¥15.06 Million -0.87%
Other Comprehensive Income CN¥62.35 Million +3.6%
Other Changes CN¥-61.94 Million -3.57%
Total Change CN¥- -0.15%

Book Value vs Market Value Analysis

This analysis compares Kunshan Dongwei 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: 8.38x
  • 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 52.47x to 8.38x 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¥0.92 CN¥48.22 x
2018-12-31 CN¥0.98 CN¥48.22 x
2019-12-31 CN¥1.34 CN¥48.22 x
2020-12-31 CN¥1.64 CN¥48.22 x
2021-12-31 CN¥3.53 CN¥48.22 x
2022-12-31 CN¥4.31 CN¥48.22 x
2023-12-31 CN¥5.96 CN¥48.22 x
2024-12-31 CN¥5.76 CN¥48.22 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kunshan Dongwei 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): 4.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.24%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 1.57x
  • Recent ROE (4.00%) is below the historical average (24.89%), 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 49.27% 12.07% 0.81x 5.05x CN¥36.21 Million
2018 43.47% 15.52% 0.77x 3.62x CN¥48.68 Million
2019 25.45% 16.81% 0.70x 2.16x CN¥45.07 Million
2020 24.53% 15.84% 0.65x 2.40x CN¥52.01 Million
2021 20.93% 19.99% 0.54x 1.94x CN¥84.00 Million
2022 22.74% 21.08% 0.57x 1.88x CN¥119.52 Million
2023 8.72% 16.65% 0.37x 1.43x CN¥-22.20 Million
2024 4.00% 9.24% 0.28x 1.57x CN¥-104.09 Million

Industry Comparison

This section compares Kunshan Dongwei Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,756,582,101
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kunshan Dongwei Technology Co Ltd (688700) CN¥1.80 Billion 49.27% 0.75x $958.97 Million
Huayi Compressor Co Ltd (000404) $4.62 Billion 6.27% 1.54x $442.00 Million
Shenyang Machine Tool Co Ltd (000410) $1.64 Billion 1.42% 7.02x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.01 Billion 5.39% 0.56x $1.99 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $253.05 Million 8.02% 1.40x $521.27 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $2.55 Billion 0.37% 0.97x $25.43 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $534.59 Million
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.02 Billion
J.S. Corrugating Machinery Co Ltd (000821) $4.26 Billion 10.07% 2.30x $779.89 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.87 Billion 7.25% 1.03x $897.36 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $316.43 Million 11.36% 5.88x $460.99 Million