DingZing Advanced Materials Inc.
DingZing Advanced Materials Inc. researches, develops, produces, and sells composite materials, technical films, and other components for various industries in Taiwan. The company's products include Provecta series of advanced technical films that provide an alternative to rubber and traditional plastic; Advanta technical films for waterproof functionality and outstanding breathability; Vulcana, … Read more
DingZing Advanced Materials Inc. (6585) - Net Assets
Latest net assets as of September 2025: NT$3.76 Billion TWD
Based on the latest financial reports, DingZing Advanced Materials Inc. (6585) has net assets worth NT$3.76 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.99 Billion) and total liabilities (NT$1.23 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 | NT$3.76 Billion |
| % of Total Assets | 75.41% |
| Annual Growth Rate | 11.95% |
| 5-Year Change | 78.3% |
| 10-Year Change | N/A |
| Growth Volatility | 8.99 |
DingZing Advanced Materials Inc. - Net Assets Trend (2019–2024)
This chart illustrates how DingZing Advanced Materials Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DingZing Advanced Materials Inc. (2019–2024)
The table below shows the annual net assets of DingZing Advanced Materials Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.98 Billion | +22.36% |
| 2023-12-31 | NT$3.26 Billion | +10.16% |
| 2022-12-31 | NT$2.96 Billion | +22.09% |
| 2021-12-31 | NT$2.42 Billion | +8.35% |
| 2020-12-31 | NT$2.23 Billion | -1.38% |
| 2019-12-31 | NT$2.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DingZing Advanced Materials Inc.'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 52.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.06 Billion | 51.59% |
| Common Stock | NT$714.51 Million | 17.93% |
| Other Comprehensive Income | NT$1.85 Million | 0.05% |
| Other Components | NT$1.21 Billion | 30.43% |
| Total Equity | NT$3.98 Billion | 100.00% |
DingZing Advanced Materials Inc. Competitors by Market Cap
The table below lists competitors of DingZing Advanced Materials Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taekyung BK Co Ltd
KO:014580
|
$47.08 Million |
|
CVC Technologies
TWO:4744
|
$47.09 Million |
|
Nano One Materials Corp
PINK:NNOMF
|
$47.11 Million |
|
Korea Air Svc
KO:005430
|
$47.11 Million |
|
Trøndelag Sparebank
OL:TRSB
|
$47.05 Million |
|
Aneka Gas Industri Tbk PT
JK:AGII
|
$47.02 Million |
|
SAMSE S.A.
LSE:0GLY
|
$46.99 Million |
|
Indointernet Tbk PT
JK:EDGE
|
$46.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DingZing Advanced Materials Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,256,380,000 to 3,984,474,000, a change of 728,094,000 (22.4%).
- Net income of 738,253,000 contributed positively to equity growth.
- Dividend payments of 276,972,000 reduced retained earnings.
- Other comprehensive income increased equity by 15,189,999.
- Other factors increased equity by 251,623,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$738.25 Million | +18.53% |
| Dividends Paid | NT$276.97 Million | -6.95% |
| Other Comprehensive Income | NT$15.19 Million | +0.38% |
| Other Changes | NT$251.62 Million | +6.32% |
| Total Change | NT$- | 22.36% |
Book Value vs Market Value Analysis
This analysis compares DingZing Advanced Materials Inc.'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: 1.64x
- 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 2.32x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$36.75 | NT$85.10 | x |
| 2020-12-31 | NT$36.20 | NT$85.10 | x |
| 2021-12-31 | NT$39.26 | NT$85.10 | x |
| 2022-12-31 | NT$44.45 | NT$85.10 | x |
| 2023-12-31 | NT$46.25 | NT$85.10 | x |
| 2024-12-31 | NT$51.77 | NT$85.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DingZing Advanced Materials Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.49%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.35x
- Recent ROE (18.53%) is above the historical average (9.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 1.86% | 2.00% | 0.50x | 1.85x | NT$-184.38 Million |
| 2020 | 2.80% | 3.14% | 0.45x | 1.97x | NT$-160.99 Million |
| 2021 | 11.57% | 11.03% | 0.55x | 1.90x | NT$38.12 Million |
| 2022 | 8.99% | 10.19% | 0.53x | 1.67x | NT$-29.95 Million |
| 2023 | 12.77% | 14.89% | 0.53x | 1.62x | NT$90.17 Million |
| 2024 | 18.53% | 22.49% | 0.61x | 1.35x | NT$339.81 Million |
Industry Comparison
This section compares DingZing Advanced Materials Inc.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $44,934,559,200
- Average return on equity (ROE) among peers: 11.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DingZing Advanced Materials Inc. (6585) | NT$3.76 Billion | 1.86% | 0.33x | $47.06 Million |
| Formosa Plastics Corp (1301) | $225.33 Billion | 12.22% | 0.47x | $5.82 Billion |
| Nan Ya Plastics Corp (1303) | $142.47 Billion | 14.77% | 1.15x | $13.36 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $220.86 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $9.82 Billion | 5.76% | 0.52x | $156.91 Million |
| Taita Chemical Co Ltd (1309) | $3.69 Billion | 0.65% | 0.67x | $113.99 Million |
| China Petrochemical Development Corp (1314) | $22.05 Billion | 8.06% | 1.26x | $902.62 Million |
| Ocean Plastics Co Ltd (1321) | $2.93 Billion | 13.39% | 0.47x | $168.69 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $42.00 Million |
| Everlight Chemical Industrial Corp (1711) | $6.07 Billion | 11.90% | 0.51x | $317.86 Million |