ZTE Corporation (FZM) - Net Assets
Based on the latest financial reports, ZTE Corporation (FZM) has net assets worth €77.04 Billion EUR (≈ $90.06 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€225.72 Billion ≈ $263.90 Billion USD) and total liabilities (€148.69 Billion ≈ $173.83 Billion 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 ZTE Corporation strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €77.04 Billion |
| % of Total Assets | 34.13% |
| Annual Growth Rate | 10.18% |
| 5-Year Change | 41.95% |
| 10-Year Change | 85.01% |
| Growth Volatility | 20.16 |
ZTE Corporation - Net Assets Trend (2013–2025)
This chart illustrates how ZTE Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is ZTE Corporation worth.
Annual Net Assets for ZTE Corporation (2013–2025)
The table below shows the annual net assets of ZTE Corporation from 2013 to 2025. Also explore how fast is ZTE Corporation growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €75.64 Billion ≈ $88.43 Billion |
+3.46% |
| 2024-12-31 | €73.11 Billion ≈ $85.47 Billion |
+6.99% |
| 2023-12-31 | €68.33 Billion ≈ $79.89 Billion |
+14.76% |
| 2022-12-31 | €59.54 Billion ≈ $69.61 Billion |
+11.74% |
| 2021-12-31 | €53.29 Billion ≈ $62.30 Billion |
+15.54% |
| 2020-12-31 | €46.12 Billion ≈ $53.92 Billion |
+21.52% |
| 2019-12-31 | €37.95 Billion ≈ $44.37 Billion |
+15.15% |
| 2018-12-31 | €32.96 Billion ≈ $38.53 Billion |
-27.37% |
| 2017-12-31 | €45.38 Billion ≈ $53.05 Billion |
+10.99% |
| 2016-12-31 | €40.89 Billion ≈ $47.80 Billion |
-5.68% |
| 2015-12-31 | €43.35 Billion ≈ $50.68 Billion |
+64.87% |
| 2014-12-31 | €26.29 Billion ≈ $30.74 Billion |
+11.29% |
| 2013-12-31 | €23.63 Billion ≈ $27.62 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to ZTE Corporation'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 299.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €42.54 Billion | 56.40% |
| Other Components | €32.89 Billion | 43.60% |
| Total Equity | €75.43 Billion | 100.00% |
ZTE Corporation Competitors by Market Cap
The table below lists competitors of ZTE Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sinda Ltd.
NYSE:SIND
|
$2.26 Billion |
|
Guangxi Guitang Group Co Ltd
SHE:000833
|
$2.27 Billion |
|
Shandong Buchang Pharmaceuticals Co Ltd
SHG:603858
|
$2.27 Billion |
|
Engie Energia Chile SA
SN:ECL
|
$2.27 Billion |
|
PUMA SE UNSP.ADR 1/10
F:PUMA
|
$2.26 Billion |
|
Tokai Carbon Korea Co. Ltd
KQ:064760
|
$2.26 Billion |
|
Stolt-Nielsen Limited
LSE:0OHK
|
$2.26 Billion |
|
Boyd Group Services Inc.
TO:BYD
|
$2.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZTE Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 72,808,483,000 to 75,425,601,000, a change of 2,617,118,000 (3.6%).
- Net income of 5,617,745,000 contributed positively to equity growth.
- Dividend payments of 4,339,261,000 reduced retained earnings.
- Other factors increased equity by 1,338,634,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.62 Billion | +7.45% |
| Dividends Paid | €4.34 Billion | -5.75% |
| Other Changes | €1.34 Billion | +1.77% |
| Total Change | €- | 3.59% |
Book Value vs Market Value Analysis
This analysis compares ZTE Corporation'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: 0.16x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.34x to 0.16x 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 | €7.55 | €2.56 | x |
| 2018-12-31 | €5.46 | €2.56 | x |
| 2019-12-31 | €6.82 | €2.56 | x |
| 2020-12-31 | €9.38 | €2.56 | x |
| 2021-12-31 | €10.88 | €2.56 | x |
| 2022-12-31 | €12.38 | €2.56 | x |
| 2023-12-31 | €14.22 | €2.56 | x |
| 2024-12-31 | €15.22 | €2.56 | x |
| 2025-12-31 | €15.77 | €2.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZTE Corporation 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): 7.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.20%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.89x
- Recent ROE (7.45%) is above the historical average (6.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.03% | 1.80% | 0.75x | 4.44x | €-895.61 Million |
| 2014 | 10.59% | 3.23% | 0.77x | 4.27x | €145.71 Million |
| 2015 | 9.30% | 3.62% | 0.80x | 3.20x | €-273.63 Million |
| 2016 | -8.93% | -2.33% | 0.71x | 5.36x | €-5.00 Billion |
| 2017 | 14.43% | 4.20% | 0.76x | 4.55x | €1.40 Billion |
| 2018 | -30.50% | -8.17% | 0.66x | 5.65x | €-9.27 Billion |
| 2019 | 17.86% | 5.67% | 0.64x | 4.90x | €2.27 Billion |
| 2020 | 9.84% | 4.20% | 0.67x | 3.48x | €-69.93 Million |
| 2021 | 13.23% | 5.95% | 0.68x | 3.28x | €1.66 Billion |
| 2022 | 13.78% | 6.57% | 0.68x | 3.09x | €2.22 Billion |
| 2023 | 13.71% | 7.51% | 0.62x | 2.95x | €2.52 Billion |
| 2024 | 11.57% | 6.95% | 0.59x | 2.85x | €1.14 Billion |
| 2025 | 7.45% | 4.20% | 0.61x | 2.89x | €-1.92 Billion |
Industry Comparison
This section compares ZTE Corporation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $16,360,450,192
- Average return on equity (ROE) among peers: -0.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZTE Corporation (FZM) | €77.04 Billion | 6.03% | 1.93x | $2.26 Billion |
| YANGTZE OPT.FIB.AND CAB.H (1YO) | $14.54 Billion | 8.03% | 0.94x | $10.74 Billion |
| NOVRA TECHNOLOGIES INC. (7CV) | $-4.49 Million | 0.00% | 0.00x | $2.11 Million |
| AAC TECHNOLOG.HLDG.ADR/ (A2X) | $24.94 Billion | 10.07% | 0.96x | $4.53 Billion |
| AAC Technologies Holdings Inc (A2XN) | $22.37 Billion | 3.31% | 0.74x | $5.21 Billion |
| Adtran Networks SE (ADV) | $177.11 Million | 4.73% | 0.83x | $1.18 Billion |
| CeoTronics AG (CEK) | $11.23 Million | 11.17% | 0.69x | $90.01 Million |
| UET United Electronic Technology AG (CFC) | $5.31 Million | -81.95% | 8.91x | $6.98 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERCA) | $85.18 Billion | 20.53% | 2.19x | $27.92 Billion |
| Funkwerk AG (FEW) | $26.20 Million | 16.77% | 1.30x | $249.85 Million |
About ZTE Corporation
ZTE Corporation provides integrated information and communication technology solutions in the People's Republic of China, rest of Asia, Africa, Europe, America, and Oceania. It operates through three segments: Carriers' Networks, Consumer Business, and Government and Corporate Business. The Carriers' Networks segment provides wireless and wireline access, bearer systems, core networks, server and… Read more