Digital China Holdings Limited
Digital China Holdings Limited, an investment holding company, provides big data products and solutions for government and enterprise customers in Mainland China. It operates through three segments: Big Data Products and Solutions, Software and Operating Services, and Traditional and Localization Services. The Big Data Products and Solutions segment sells data software products focused on spatial… Read more
Digital China Holdings Limited (910861) - Net Assets
Latest net assets as of June 2025: NT$9.37 Billion TWD
Based on the latest financial reports, Digital China Holdings Limited (910861) has net assets worth NT$9.37 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$23.17 Billion) and total liabilities (NT$13.81 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$9.37 Billion |
| % of Total Assets | 40.42% |
| Annual Growth Rate | 9.68% |
| 5-Year Change | -30.93% |
| 10-Year Change | -15.82% |
| Growth Volatility | 16.77 |
Digital China Holdings Limited - Net Assets Trend (2003–2024)
This chart illustrates how Digital China Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Digital China Holdings Limited (2003–2024)
The table below shows the annual net assets of Digital China Holdings Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.51 Billion | -8.28% |
| 2023-12-31 | NT$10.37 Billion | -15.81% |
| 2022-12-31 | NT$12.31 Billion | -17.18% |
| 2021-12-31 | NT$14.87 Billion | +8.01% |
| 2020-12-31 | NT$13.76 Billion | +9.56% |
| 2019-12-31 | NT$12.56 Billion | +1.35% |
| 2018-12-31 | NT$12.40 Billion | -3.11% |
| 2017-12-31 | NT$12.79 Billion | +22.18% |
| 2016-12-31 | NT$10.47 Billion | -7.28% |
| 2015-12-31 | NT$11.29 Billion | +3.96% |
| 2014-12-31 | NT$10.86 Billion | +25.29% |
| 2012-12-31 | NT$8.67 Billion | +15.26% |
| 2011-12-31 | NT$7.52 Billion | +14.50% |
| 2010-12-31 | NT$6.57 Billion | +40.60% |
| 2009-12-31 | NT$4.67 Billion | +44.65% |
| 2008-12-31 | NT$3.23 Billion | +22.21% |
| 2007-12-31 | NT$2.64 Billion | +33.98% |
| 2006-12-31 | NT$1.97 Billion | +9.27% |
| 2005-12-31 | NT$1.81 Billion | +14.40% |
| 2004-12-31 | NT$1.58 Billion | +15.63% |
| 2003-12-31 | NT$1.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Digital China Holdings Limited'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 decreased by 228.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$163.83 Million | 2.81% |
| Other Components | NT$6.09 Billion | 104.37% |
| Total Equity | NT$5.83 Billion | 100.00% |
Digital China Holdings Limited Competitors by Market Cap
The table below lists competitors of Digital China Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKY Metals Ltd
AU:SKY
|
$56.79 Million |
|
Solomon Systech (International) Limited
F:RZF
|
$56.83 Million |
|
Gurunavi, Inc.
OTCGREY:GURNF
|
$56.84 Million |
|
S.Y.PANEL Co Ltd
KQ:109610
|
$56.86 Million |
|
Micro Digital Co. Ltd
KQ:305090
|
$56.71 Million |
|
Manuka Resources Ltd
AU:MKR
|
$56.70 Million |
|
Value Grupo Financiero S.A.B. de C.V
MX:VALUEGFO
|
$56.69 Million |
|
Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret AS
IS:MOBTL
|
$56.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Digital China Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,295,367,000 to 5,831,431,000, a change of -463,936,000 (-7.4%).
- Net loss of 253,949,000 reduced equity.
- Dividend payments of 95,664,000 reduced retained earnings.
- Share repurchases of 50,249,000 reduced equity.
- Other comprehensive income decreased equity by 1,392,961,553.
- Other factors increased equity by 1,340,467,553.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-253.95 Million | -4.35% |
| Dividends Paid | NT$95.66 Million | -1.64% |
| Share Repurchases | NT$50.25 Million | -0.86% |
| Other Comprehensive Income | NT$-1.39 Billion | -23.89% |
| Other Changes | NT$1.34 Billion | +22.99% |
| Total Change | NT$- | -7.37% |
Book Value vs Market Value Analysis
This analysis compares Digital China Holdings Limited'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: 1.31x
- 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 3.43x to 1.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | NT$1.51 | NT$5.17 | x |
| 2004-12-31 | NT$1.75 | NT$5.17 | x |
| 2005-12-31 | NT$1.97 | NT$5.17 | x |
| 2006-12-31 | NT$2.14 | NT$5.17 | x |
| 2007-12-31 | NT$2.73 | NT$5.17 | x |
| 2008-12-31 | NT$3.11 | NT$5.17 | x |
| 2009-12-31 | NT$4.03 | NT$5.17 | x |
| 2010-12-31 | NT$5.48 | NT$5.17 | x |
| 2011-12-31 | NT$6.04 | NT$5.17 | x |
| 2012-12-31 | NT$6.90 | NT$5.17 | x |
| 2014-12-31 | NT$7.65 | NT$5.17 | x |
| 2015-12-31 | NT$7.88 | NT$5.17 | x |
| 2016-12-31 | NT$6.40 | NT$5.17 | x |
| 2017-12-31 | NT$6.44 | NT$5.17 | x |
| 2018-12-31 | NT$5.30 | NT$5.17 | x |
| 2019-12-31 | NT$5.42 | NT$5.17 | x |
| 2020-12-31 | NT$5.79 | NT$5.17 | x |
| 2021-12-31 | NT$6.60 | NT$5.17 | x |
| 2022-12-31 | NT$5.53 | NT$5.17 | x |
| 2023-12-31 | NT$4.23 | NT$5.17 | x |
| 2024-12-31 | NT$3.95 | NT$5.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Digital China Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.52%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 3.83x
- Recent ROE (-4.35%) is below the historical average (7.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 2.49% | 0.24% | 3.54x | 2.96x | NT$-102.59 Million |
| 2004 | 13.32% | 1.36% | 3.16x | 3.10x | NT$52.45 Million |
| 2005 | 14.10% | 1.27% | 3.41x | 3.26x | NT$73.23 Million |
| 2006 | 10.63% | 0.82% | 3.69x | 3.51x | NT$12.29 Million |
| 2007 | 15.28% | 1.14% | 3.78x | 3.55x | NT$138.53 Million |
| 2008 | 20.42% | 1.51% | 3.67x | 3.68x | NT$327.15 Million |
| 2009 | 19.62% | 1.64% | 3.20x | 3.73x | NT$404.22 Million |
| 2010 | 16.66% | 1.77% | 2.85x | 3.31x | NT$402.09 Million |
| 2011 | 18.25% | 1.77% | 2.62x | 3.93x | NT$562.69 Million |
| 2012 | 17.47% | 1.86% | 2.59x | 3.63x | NT$584.72 Million |
| 2014 | 8.15% | 1.03% | 2.03x | 3.92x | NT$-159.08 Million |
| 2015 | 7.46% | 6.22% | 0.28x | 4.22x | NT$-225.58 Million |
| 2016 | 5.43% | 3.18% | 0.52x | 3.31x | NT$-327.54 Million |
| 2017 | -2.10% | -1.44% | 0.47x | 3.06x | NT$-1.10 Billion |
| 2018 | 2.49% | 1.45% | 0.60x | 2.88x | NT$-664.56 Million |
| 2019 | 5.04% | 2.54% | 0.69x | 2.86x | NT$-443.47 Million |
| 2020 | 5.48% | 2.61% | 0.71x | 2.97x | NT$-426.39 Million |
| 2021 | 5.83% | 3.46% | 0.58x | 2.91x | NT$-423.59 Million |
| 2022 | 3.71% | 1.75% | 0.72x | 2.96x | NT$-525.82 Million |
| 2023 | -29.13% | -10.03% | 0.80x | 3.62x | NT$-2.46 Billion |
| 2024 | -4.35% | -1.52% | 0.75x | 3.83x | NT$-837.09 Million |
Industry Comparison
This section compares Digital China Holdings Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $12,443,326,000
- Average return on equity (ROE) among peers: 0.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digital China Holdings Limited (910861) | NT$9.37 Billion | 2.49% | 1.47x | $56.75 Million |
| Lien Hwa Industrial Corp (1229) | $20.26 Billion | 6.99% | 0.21x | $1.35 Billion |
| Chung Fu Tex-International Corp (1435) | $617.53 Million | 2.20% | 0.97x | $30.53 Million |
| Tatung Co (2371) | $61.87 Billion | 0.59% | 2.46x | $1.19 Billion |
| Radium Life Tech Co Ltd (2547) | $12.58 Billion | 26.77% | 3.04x | $177.75 Million |
| Eastern Media International Corp (2614) | $11.72 Billion | -16.75% | 0.69x | $161.94 Million |
| Kayee International Group Co Ltd (2939) | $730.07 Million | -18.49% | 0.36x | $26.78 Million |
| Billion Electric Co Ltd (3027) | $1.38 Billion | 10.08% | 0.29x | $51.48 Million |
| Eurocharm Holdings Co Ltd (5288) | $2.50 Billion | 19.39% | 0.30x | $128.77 Million |
| 6969 (6969) | $328.02 Million | -24.04% | 2.58x | $16.63 Million |