Zhibao Technology Inc. Class A Ordinary Shares (ZBAO) - Net Assets
Based on the latest financial reports, Zhibao Technology Inc. Class A Ordinary Shares (ZBAO) has net assets worth $7.04 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.48 Million) and total liabilities ($33.43 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 tangible equity quality of Zhibao Technology Inc. Class A Ordinary to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.04 Million |
| % of Total Assets | 17.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | 23.53% |
| 10-Year Change | N/A |
| Growth Volatility | 610.46 |
Zhibao Technology Inc. Class A Ordinary Shares - Net Assets Trend (2020–2025)
This chart illustrates how Zhibao Technology Inc. Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See Zhibao Technology Inc. Class A Ordinary liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhibao Technology Inc. Class A Ordinary Shares (2020–2025)
The table below shows the annual net assets of Zhibao Technology Inc. Class A Ordinary Shares from 2020 to 2025. For live valuation and market cap data, see Zhibao Technology Inc. Class A Ordinary market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.44 Million | -60.89% |
| 2024-12-31 | $8.81 Million | -86.24% |
| 2023-12-31 | $63.99 Million | +1373.90% |
| 2022-12-31 | $4.34 Million | +55.75% |
| 2021-12-31 | $2.79 Million | +879.59% |
| 2020-12-31 | $-357.57K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhibao Technology Inc. Class A 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 decreased by 1022495800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.23K | 0.09% |
| Other Comprehensive Income | $-123.38K | -3.58% |
| Other Components | $30.60 Million | 888.55% |
| Total Equity | $3.44 Million | 100.00% |
Zhibao Technology Inc. Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Zhibao Technology Inc. Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finsbury Growth & Income Trust
LSE:FGT
|
$10.54 Million |
|
CADOGAN ENERGY SOLUTIONS
F:CPD
|
$10.55 Million |
|
Spire Healthcare Group Plc
LSE:SPI
|
$10.55 Million |
|
Origin Agritech Limited
STU:39O1
|
$10.55 Million |
|
Firstwave Cloud Technology Ltd
AU:FCT
|
$10.53 Million |
|
SHEARWATER GRP PLC LS-10
F:DTW1
|
$10.53 Million |
|
Bengal Energy Ltd
TO:BNG
|
$10.53 Million |
|
Pearl Gold AG
F:02P
|
$10.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhibao Technology Inc. Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,805,773 to 3,443,548, a change of -5,362,225 (-60.9%).
- Net loss of 62,019,599 reduced equity.
- Share repurchases of 729,603 reduced equity.
- Other comprehensive income decreased equity by 91,882.
- Other factors increased equity by 57,478,859.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-62.02 Million | -1801.04% |
| Share Repurchases | $729.60K | -21.19% |
| Other Comprehensive Income | $-91.88K | -2.67% |
| Other Changes | $57.48 Million | +1669.18% |
| Total Change | $- | -60.89% |
Book Value vs Market Value Analysis
This analysis compares Zhibao Technology Inc. Class A 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: 5.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.01 | $0.61 | x |
| 2021-12-31 | $0.09 | $0.61 | x |
| 2022-12-31 | $0.14 | $0.61 | x |
| 2023-12-31 | $2.03 | $0.61 | x |
| 2024-12-31 | $0.28 | $0.61 | x |
| 2025-12-31 | $0.11 | $0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhibao Technology Inc. Class A 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): -1801.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.39%
- • Asset Turnover: 11.63x
- • Equity Multiplier: 6.92x
- Recent ROE (-1801.04%) is below the historical average (-303.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -81.20% | 0.66x | 0.00x | $-5.69 Million |
| 2021 | 76.32% | 13.18% | 1.13x | 5.13x | $1.85 Million |
| 2022 | -137.02% | -30.33% | 1.11x | 4.07x | $-6.38 Million |
| 2023 | 20.71% | 7.22% | 0.88x | 3.26x | $6.85 Million |
| 2024 | 20.71% | 7.22% | 0.88x | 3.26x | $943.00K |
| 2025 | -1801.04% | -22.39% | 11.63x | 6.92x | $-62.36 Million |
Industry Comparison
This section compares Zhibao Technology Inc. Class A Ordinary Shares's net assets metrics with peer companies in the Insurance Brokers industry.
Industry Context
- Industry: Insurance Brokers
- Average net assets among peers: $1,417,279,814
- Average return on equity (ROE) among peers: 15.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhibao Technology Inc. Class A Ordinary Shares (ZBAO) | $7.04 Million | 0.00% | 4.75x | $10.54 Million |
| Fanhua Inc. (AIFU) | $2.19 Billion | 13.76% | 0.16x | $185.32 Million |
| Arthur J Gallagher & Co (AJG) | $1.66 Billion | 11.76% | 2.23x | $51.10 Billion |
| Aon PLC (AON) | $9.55 Billion | 38.70% | 4.32x | $66.19 Billion |
| Accelerant Holdings (ARX) | $350.00 Million | -26.20% | 5.28x | $1.51 Billion |
| Brown & Brown Inc (BRO) | $4.30 Million | 67.44% | 9.44x | $20.04 Billion |
| The Baldwin Insurance Group, Inc. (BWIN) | $-96.25 Million | 0.00% | 0.00x | $1.82 Billion |
| Crawford & Company (CRD-A) | $172.59 Million | 4.44% | 1.97x | $324.46 Million |
| Crawford & Company (CRD-B) | $67.60 Million | 19.82% | 0.92x | $195.15 Million |
| CorVel Corp (CRVL) | $110.38 Million | 24.05% | 0.56x | $2.92 Billion |
| eHealth Inc (EHTH) | $170.87 Million | 4.14% | 0.15x | $53.32 Million |
About Zhibao Technology Inc. Class A Ordinary Shares
Zhibao Technology Inc., through its subsidiaries, provides digital insurance brokerage services in the People's Republic of China. The company also offers managing general underwriter services. In addition, it provides insurance product design and customization, selection of insurance companies, technology system interconnection and delivery, customer AARRR (Acquisition, Activation, Retention, Re… Read more