Kunshan Dongwei Technology Co Ltd (688700) - Net Assets
Based on the latest financial reports, Kunshan Dongwei Technology Co Ltd (688700) has net assets worth CN¥1.88 Billion CNY (≈ $274.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.69 Billion ≈ $540.35 Million USD) and total liabilities (CN¥1.82 Billion ≈ $265.69 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 Kunshan Dongwei Technology Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.88 Billion |
| % of Total Assets | 50.83% |
| Annual Growth Rate | 65.61% |
| 5-Year Change | 578.95% |
| 10-Year Change | N/A |
| Growth Volatility | 60.95 |
Kunshan Dongwei Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Kunshan Dongwei Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Kunshan Dongwei Technology Co Ltd (688700) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kunshan Dongwei Technology Co Ltd (2017–2025)
The table below shows the annual net assets of Kunshan Dongwei Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see Kunshan Dongwei Technology Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.22 Billion ≈ $763.81 Million |
+201.09% |
| 2024-12-31 | CN¥1.73 Billion ≈ $253.68 Million |
-0.15% |
| 2023-12-31 | CN¥1.74 Billion ≈ $254.08 Million |
+85.12% |
| 2022-12-31 | CN¥937.94 Million ≈ $137.25 Million |
+22.00% |
| 2021-12-31 | CN¥768.80 Million ≈ $112.50 Million |
+114.73% |
| 2020-12-31 | CN¥358.03 Million ≈ $52.39 Million |
+22.74% |
| 2019-12-31 | CN¥291.69 Million ≈ $42.68 Million |
+100.55% |
| 2018-12-31 | CN¥145.45 Million ≈ $21.28 Million |
+57.71% |
| 2017-12-31 | CN¥92.23 Million ≈ $13.50 Million |
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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 612.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥560.37 Million | 31.21% |
| Other Comprehensive Income | CN¥1.80 Billion | 100.00% |
| Total Equity | CN¥1.80 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.
| Company | Market Cap |
|---|---|
|
Henan Yuneng Holdings Co Ltd
SHE:001896
|
$4.43 Billion |
|
Minth Group Limited
F:M3I
|
$4.44 Billion |
|
Thunder Software Technology Co Ltd
SHE:300496
|
$4.44 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$4.44 Billion |
|
Capricorn Metals Ltd
AU:CMM
|
$4.43 Billion |
|
GCL Energy Technology Co Ltd
SHE:002015
|
$4.43 Billion |
|
Grifols S.A
F:G0FB
|
$4.42 Billion |
|
LG Uplus
KO:032640
|
$4.42 Billion |
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 2024 to 2025, total equity changed from 1,733,625,561 to 1,795,652,000, a change of 62,026,439 (3.6%).
- Net income of 129,407,100 contributed positively to equity growth.
- Dividend payments of 29,800,056 reduced retained earnings.
- Other comprehensive income increased equity by 1,733,303,365.
- Other factors decreased equity by 1,770,883,970.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥129.41 Million | +7.21% |
| Dividends Paid | CN¥29.80 Million | -1.66% |
| Other Comprehensive Income | CN¥1.73 Billion | +96.53% |
| Other Changes | CN¥-1.77 Billion | -98.62% |
| Total Change | CN¥- | 3.58% |
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: 17.00x
- 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 110.39x to 17.00x 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¥101.45 | x |
| 2018-12-31 | CN¥0.75 | CN¥101.45 | x |
| 2019-12-31 | CN¥1.45 | CN¥101.45 | x |
| 2020-12-31 | CN¥1.70 | CN¥101.45 | x |
| 2021-12-31 | CN¥3.10 | CN¥101.45 | x |
| 2022-12-31 | CN¥3.31 | CN¥101.45 | x |
| 2023-12-31 | CN¥5.96 | CN¥101.45 | x |
| 2024-12-31 | CN¥5.76 | CN¥101.45 | x |
| 2025-12-31 | CN¥5.97 | CN¥101.45 | 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): 7.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.69%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.91x
- Recent ROE (7.21%) is below the historical average (22.92%), 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 |
| 2025 | 7.21% | 11.69% | 0.32x | 1.91x | CN¥-50.16 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kunshan Dongwei Technology Co Ltd (688700) | CN¥1.88 Billion | 49.27% | 0.97x | $4.43 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Kunshan Dongwei Technology Co Ltd
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