Zhengzhou Coal Mining Machinery Group Company Limited (ZGC) - Net Assets
Based on the latest financial reports, Zhengzhou Coal Mining Machinery Group Company Limited (ZGC) has net assets worth €22.72 Billion EUR (≈ $26.56 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€49.33 Billion ≈ $57.67 Billion USD) and total liabilities (€26.61 Billion ≈ $31.11 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 Zhengzhou Coal Mining Machinery Group Co liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €22.72 Billion |
| % of Total Assets | 46.05% |
| Annual Growth Rate | 8.07% |
| 5-Year Change | 62.08% |
| 10-Year Change | 136.38% |
| Growth Volatility | 7.01 |
Zhengzhou Coal Mining Machinery Group Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Zhengzhou Coal Mining Machinery Group Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Zhengzhou Coal Mining Machinery Group Co for the complete picture of this company's asset base.
Annual Net Assets for Zhengzhou Coal Mining Machinery Group Company Limited (2013–2024)
The table below shows the annual net assets of Zhengzhou Coal Mining Machinery Group Company Limited from 2013 to 2024. For live valuation and market cap data, see Zhengzhou Coal Mining Machinery Group Co (ZGC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €22.75 Billion ≈ $26.59 Billion |
+3.95% |
| 2023-12-31 | €21.88 Billion ≈ $25.58 Billion |
+17.40% |
| 2022-12-31 | €18.64 Billion ≈ $21.79 Billion |
+19.09% |
| 2021-12-31 | €15.65 Billion ≈ $18.30 Billion |
+11.52% |
| 2020-12-31 | €14.03 Billion ≈ $16.41 Billion |
+6.78% |
| 2019-12-31 | €13.14 Billion ≈ $15.36 Billion |
+6.93% |
| 2018-12-31 | €12.29 Billion ≈ $14.37 Billion |
+6.18% |
| 2017-12-31 | €11.58 Billion ≈ $13.53 Billion |
+18.62% |
| 2016-12-31 | €9.76 Billion ≈ $11.41 Billion |
+1.41% |
| 2015-12-31 | €9.62 Billion ≈ $11.25 Billion |
+0.40% |
| 2014-12-31 | €9.58 Billion ≈ $11.20 Billion |
-1.02% |
| 2013-12-31 | €9.68 Billion ≈ $11.32 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Zhengzhou Coal Mining Machinery Group Company 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 grown by 226.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €14.60 Billion | 66.51% |
| Other Components | €7.35 Billion | 33.49% |
| Total Equity | €21.95 Billion | 100.00% |
Zhengzhou Coal Mining Machinery Group Company Limited Competitors by Market Cap
The table below lists competitors of Zhengzhou Coal Mining Machinery Group Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gokaldas Exports Limited
NSE:GOKEX
|
$557.37 Million |
|
Zhengzhou Tiamaes Technology Co Ltd
SHE:300807
|
$557.75 Million |
|
Klöckner & Co SE
XETRA:KCO
|
$557.78 Million |
|
Allied Supreme Corp
TW:4770
|
$558.11 Million |
|
Pubang Landscape Architecture Co Ltd
SHE:002663
|
$557.32 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$557.24 Million |
|
Polimex-Mostostal S.A.
WAR:PXM
|
$557.20 Million |
|
Pagerduty Inc
NYSE:PD
|
$557.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhengzhou Coal Mining Machinery Group Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,378,212,016 to 21,950,799,520, a change of 1,572,587,504 (7.7%).
- Net income of 3,933,836,140 contributed positively to equity growth.
- Dividend payments of 1,736,523,850 reduced retained earnings.
- Other factors decreased equity by 624,724,786.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.93 Billion | +17.92% |
| Dividends Paid | €1.74 Billion | -7.91% |
| Other Changes | €-624.72 Million | -2.85% |
| Total Change | €- | 7.72% |
Book Value vs Market Value Analysis
This analysis compares Zhengzhou Coal Mining Machinery Group Company 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: 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 0.31x 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 | €6.23 | €1.96 | x |
| 2018-12-31 | €6.61 | €1.96 | x |
| 2019-12-31 | €7.06 | €1.96 | x |
| 2020-12-31 | €7.54 | €1.96 | x |
| 2021-12-31 | €8.31 | €1.96 | x |
| 2022-12-31 | €10.01 | €1.96 | x |
| 2023-12-31 | €11.44 | €1.96 | x |
| 2024-12-31 | €12.29 | €1.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhengzhou Coal Mining Machinery Group Company 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): 17.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.62%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.21x
- Recent ROE (17.92%) is above the historical average (8.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.11% | 10.76% | 0.64x | 1.33x | €-85.17 Million |
| 2014 | 2.18% | 3.35% | 0.50x | 1.29x | €-738.04 Million |
| 2015 | 0.44% | 0.94% | 0.37x | 1.27x | €-908.06 Million |
| 2016 | 0.64% | 1.71% | 0.31x | 1.21x | €-905.42 Million |
| 2017 | 2.63% | 3.77% | 0.39x | 1.77x | €-795.77 Million |
| 2018 | 7.26% | 3.20% | 0.94x | 2.42x | €-313.38 Million |
| 2019 | 8.50% | 4.04% | 0.87x | 2.43x | €-183.72 Million |
| 2020 | 9.49% | 4.67% | 0.79x | 2.58x | €-67.23 Million |
| 2021 | 13.16% | 6.65% | 0.80x | 2.48x | €468.24 Million |
| 2022 | 14.25% | 7.92% | 0.72x | 2.49x | €757.51 Million |
| 2023 | 16.07% | 8.99% | 0.74x | 2.41x | €1.24 Billion |
| 2024 | 17.92% | 10.62% | 0.76x | 2.21x | €1.74 Billion |
Industry Comparison
This section compares Zhengzhou Coal Mining Machinery Group Company Limited's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $13,509,725,165
- Average return on equity (ROE) among peers: 6.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhengzhou Coal Mining Machinery Group Company Limited (ZGC) | €22.72 Billion | 9.11% | 1.17x | $557.36 Million |
| TAT HONG EQ.SRV. DL-08 (1Q2) | $1.30 Billion | -9.26% | 1.39x | $105.73 Million |
| Sinotruk (Hong Kong) Limited (4SK) | $25.43 Billion | 11.89% | 1.41x | $8.99 Billion |
| Zoomlion Heavy Industry Science and Technology Co. Ltd (8CZ) | $37.79 Billion | -2.47% | 1.36x | $1.53 Billion |
| Traton SE (8TRA) | $11.81 Billion | 8.71% | 2.62x | $16.59 Billion |
| Lonking Holdings Limited (C9IB) | $6.72 Billion | 6.87% | 0.67x | $1.57 Billion |
| Daimler Truck Holding AG (DTG) | $22.23 Billion | 16.99% | 2.20x | $33.52 Billion |
| DAIMLER TRUCK SP.ADS/1/2 (DTG1) | $16.42 Billion | 14.29% | 2.34x | $33.69 Billion |
| First Tractor Company Limited (FTP) | $5.98 Billion | 7.33% | 1.06x | $449.05 Million |
| Kion Group AG (KGX) | $6.12 Billion | 3.76% | 2.22x | $5.73 Billion |
| Wacker Neuson SE (WAC) | $1.29 Billion | 10.72% | 0.80x | $1.27 Billion |
About Zhengzhou Coal Mining Machinery Group Company Limited
ZCZL Industrial Technology Group Company Limited, together with its subsidiaries, manufactures and sells coal mining and excavating equipment for coal mining industry in the People's Republic of China, Germany, and internationally. It provides coal mining equipment, hydraulic supports and scrapers, and sells car parts. The company was formerly known as ZMJ Group Company Limited and changed its na… Read more