DingZing Advanced Materials Inc. (6585) - Net Assets
Based on the latest financial reports, DingZing Advanced Materials Inc. (6585) has net assets worth NT$3.76 Billion TWD (≈ $118.55 Million USD) 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 ≈ $157.21 Million USD) and total liabilities (NT$1.23 Billion ≈ $38.65 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 DingZing Advanced Materials Inc. tangible equity quality to evaluate the tangible quality of the company's equity base.
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. See defensive interval ratio of DingZing Advanced Materials Inc. to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see 6585 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.98 Billion ≈ $125.53 Million |
+22.36% |
| 2023-12-31 | NT$3.26 Billion ≈ $102.59 Million |
+10.16% |
| 2022-12-31 | NT$2.96 Billion ≈ $93.13 Million |
+22.09% |
| 2021-12-31 | NT$2.42 Billion ≈ $76.28 Million |
+8.35% |
| 2020-12-31 | NT$2.23 Billion ≈ $70.40 Million |
-1.38% |
| 2019-12-31 | NT$2.27 Billion ≈ $71.39 Million |
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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 |
|---|---|
|
Everyday Network
SHE:300295
|
$309.10 Million |
|
STIF Société anonyme
PA:ALSTI
|
$309.15 Million |
|
Tien Phong Securities Corp
VN:ORS
|
$309.36 Million |
|
Chongqing New Dazheng Property Grp
SHE:002968
|
$309.59 Million |
|
Jiangsu Maysta Chemical Co Ltd
SHG:603041
|
$309.01 Million |
|
Edda Wind ASA
OL:EWIND
|
$308.89 Million |
|
Liaoning Shidai Wanheng Co Ltd
SHG:600241
|
$308.78 Million |
|
M3-Brigade Acquisition V Corp. Class A Ordinary shares
NASDAQ:MBAV
|
$308.77 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: 2.63x
- 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 3.70x to 2.63x 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$136.00 | x |
| 2020-12-31 | NT$36.20 | NT$136.00 | x |
| 2021-12-31 | NT$39.26 | NT$136.00 | x |
| 2022-12-31 | NT$44.45 | NT$136.00 | x |
| 2023-12-31 | NT$46.25 | NT$136.00 | x |
| 2024-12-31 | NT$51.77 | NT$136.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DingZing Advanced Materials Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.49%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.35x
- Recent ROE (18.53%) is above the historical average (9.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 1.86% | 2.00% | 0.50x | 1.85x | NT$-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: $59,143,434,000
- Average return on equity (ROE) among peers: 7.76%
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 | $309.07 Million |
| Formosa Plastics Corp (1301) | $135.33 Billion | 26.86% | 0.65x | $9.48 Billion |
| Nan Ya Plastics Corp (1303) | $394.10 Billion | 8.15% | 0.69x | $29.23 Billion |
| USI Corp (1304) | $24.30 Billion | 9.12% | 1.05x | $429.05 Million |
| China General Plastics Corp (1305) | $4.36 Billion | 0.00% | 1.49x | $231.57 Million |
| Asia Polymer Corp (1308) | $4.42 Billion | 7.53% | 0.17x | $251.60 Million |
| Taita Chemical Co Ltd (1309) | $4.08 Billion | 2.64% | 1.54x | $184.76 Million |
| China Petrochemical Development Corp (1314) | $14.77 Billion | 1.89% | 2.25x | $932.48 Million |
| Ocean Plastics Co Ltd (1321) | $3.31 Billion | 14.03% | 0.38x | $219.71 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $42.62 Million |
| Everlight Chemical Industrial Corp (1711) | $6.77 Billion | 7.42% | 0.55x | $769.67 Million |
About 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