Zhong Yang Financial Group Limited Ordinary Shares (TOP) - Net Assets
Based on the latest financial reports, Zhong Yang Financial Group Limited Ordinary Shares (TOP) has net assets worth $34.25 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($86.06 Million) and total liabilities ($51.81 Million). 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 TOP capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $34.25 Million |
| % of Total Assets | 39.79% |
| Annual Growth Rate | 14.99% |
| 5-Year Change | 235.9% |
| 10-Year Change | N/A |
| Growth Volatility | 92.57 |
Zhong Yang Financial Group Limited Ordinary Shares - Net Assets Trend (2019–2026)
This chart illustrates how Zhong Yang Financial Group Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Zhong Yang Financial Group Limited Ordin worth.
Annual Net Assets for Zhong Yang Financial Group Limited Ordinary Shares (2019–2026)
The table below shows the annual net assets of Zhong Yang Financial Group Limited Ordinary Shares from 2019 to 2026. Also explore TOP net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $34.25 Million | -1.84% |
| 2025-03-31 | $34.89 Million | -13.93% |
| 2024-03-31 | $40.53 Million | +12.74% |
| 2023-03-31 | $35.95 Million | +252.63% |
| 2022-03-31 | $10.20 Million | +50.94% |
| 2021-03-31 | $6.75 Million | +5.05% |
| 2020-03-31 | $6.43 Million | -50.07% |
| 2019-03-31 | $12.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhong Yang Financial Group Limited Ordinary Shares'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 189.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.57 Million | 13.47% |
| Common Stock | $37.10K | 0.11% |
| Other Comprehensive Income | $296.69K | 0.87% |
| Other Components | $29.04 Million | 85.54% |
| Total Equity | $33.94 Million | 100.00% |
Zhong Yang Financial Group Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Zhong Yang Financial Group Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deepak Fertilizers and Petrochemicals Corporation Limited
NSE:DEEPAKFERT
|
$1.81 Billion |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
$1.81 Billion |
|
Terravest Capital Inc
TO:TVK
|
$1.81 Billion |
|
CBIZ Inc
NYSE:CBZ
|
$1.81 Billion |
|
Trust Alliance Information Development Inc Ltd Shanghai
SHE:300469
|
$1.81 Billion |
|
InfoVision Optoelectronics Kunshan Co Ltd
SHG:688055
|
$1.80 Billion |
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
$1.80 Billion |
|
SVG Optronics Co Ltd
SHE:300331
|
$1.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhong Yang Financial Group Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 34,885,304 to 33,943,714, a change of -941,590 (-2.7%).
- Net loss of 1,174,385 reduced equity.
- Other comprehensive income increased equity by 169,039.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.17 Million | -3.46% |
| Other Comprehensive Income | $169.04K | +0.5% |
| Other Changes | $63.76K | +0.19% |
| Total Change | $- | -2.70% |
Book Value vs Market Value Analysis
This analysis compares Zhong Yang Financial Group Limited Ordinary Shares'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: 3.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 33.72x to 3.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | $0.45 | $15.20 | x |
| 2020-03-31 | $0.90 | $15.20 | x |
| 2021-03-31 | $0.94 | $15.20 | x |
| 2022-03-31 | $1.43 | $15.20 | x |
| 2023-03-31 | $5.14 | $15.20 | x |
| 2024-03-31 | $6.28 | $15.20 | x |
| 2025-03-31 | $4.71 | $15.20 | x |
| 2026-03-31 | $4.58 | $15.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhong Yang Financial Group Limited Ordinary Shares 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): -3.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.86%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.54x
- Recent ROE (-3.46%) is below the historical average (21.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 28.50% | 11.91% | 0.83x | 2.89x | $834.07K |
| 2020 | 39.49% | 15.39% | 1.24x | 2.07x | $1.90 Million |
| 2021 | 74.69% | 29.84% | 1.65x | 1.52x | $4.37 Million |
| 2022 | 34.24% | 44.64% | 0.56x | 1.36x | $2.47 Million |
| 2023 | 9.45% | 35.04% | 0.24x | 1.12x | $-197.39K |
| 2024 | 2.59% | 13.08% | 0.14x | 1.42x | $-3.00 Million |
| 2025 | -17.11% | -179.30% | 0.07x | 1.34x | $-9.46 Million |
| 2026 | -3.46% | -24.86% | 0.05x | 2.54x | $-4.57 Million |
Industry Comparison
This section compares Zhong Yang Financial Group Limited Ordinary Shares's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $167,173,526
- Average return on equity (ROE) among peers: -19.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhong Yang Financial Group Limited Ordinary Shares (TOP) | $34.25 Million | 28.50% | 1.51x | $1.81 Billion |
| American Bitcoin Corp (ABTC) | $-4.83 Million | 0.00% | 0.00x | $211.96 Million |
| Abits Group Inc. (ABTS) | $23.92 Million | -94.69% | 0.03x | $4.56 Million |
| Sphere 3D Corp (ANY) | $23.30 Million | -92.20% | 0.08x | $18.70 Million |
| Argo Blockchain PLC ADR (ARBK) | $27.19 Million | -4.19% | 0.19x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-777.81K | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $6.18 Million | -16.75% | 0.11x | $34.64 Million |
| Solowin Holdings (AXG) | $8.92 Million | -6.52% | 0.73x | $312.01 Million |
| BGC Group Inc. (BGC) | $1.23 Billion | 12.98% | 2.23x | $4.39 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.12 Million | 0.00% | 0.00x | $32.59 Million |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
About Zhong Yang Financial Group Limited Ordinary Shares
TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. It is involved in the trading of equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services. The company also provides a range of futures products, such a… Read more