Zhejiang Shibao Company Limited
Zhejiang Shibao Company Limited is based in Hangzhou, China.
Zhejiang Shibao Company Limited (ZHHJY) - Net Assets
Latest net assets as of June 2025: $2.00 Billion USD
Based on the latest financial reports, Zhejiang Shibao Company Limited (ZHHJY) has net assets worth $2.00 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 ($3.45 Billion) and total liabilities ($1.45 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 | $2.00 Billion |
| % of Total Assets | 58.03% |
| Annual Growth Rate | 10.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.41 |
Zhejiang Shibao Company Limited - Net Assets Trend (2020–2024)
This chart illustrates how Zhejiang Shibao Company 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 Zhejiang Shibao Company Limited (2020–2024)
The table below shows the annual net assets of Zhejiang Shibao Company Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.95 Billion | +33.81% |
| 2023-12-31 | $1.46 Billion | +6.18% |
| 2022-12-31 | $1.37 Billion | +1.35% |
| 2021-12-31 | $1.35 Billion | +1.93% |
| 2020-12-31 | $1.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Shibao 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 103.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $479.90 Million | 24.70% |
| Other Components | $1.46 Billion | 75.30% |
| Total Equity | $1.94 Billion | 100.00% |
Zhejiang Shibao Company Limited Competitors by Market Cap
The table below lists competitors of Zhejiang Shibao Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SACYR
MU:VHM
|
$38.97K |
|
GREAT ELM CAP. NEW DL-01
F:O4R
|
$39.00K |
|
ACG Acquisition Co. Ltd.
LSE:ACG
|
$39.03K |
|
Great Rich Technologies Ltd.
KO:900290
|
$39.10K |
|
Horizon Group Properties Inc
PINK:HGPI
|
$38.88K |
|
3I INFRASTRUCTURE
F:2272
|
$38.84K |
|
DIGITAL GRID Corporation
F:6PW
|
$38.84K |
|
ILKKA 2
BE:ILL
|
$38.83K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Shibao Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,469,865,219 to 1,943,079,732, a change of 473,214,513 (32.2%).
- Net income of 149,123,767 contributed positively to equity growth.
- Dividend payments of 24,319,202 reduced retained earnings.
- Other factors increased equity by 348,409,948.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $149.12 Million | +7.67% |
| Dividends Paid | $24.32 Million | -1.25% |
| Other Changes | $348.41 Million | +17.93% |
| Total Change | $- | 32.19% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Shibao 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: 1.77x
- 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 2.45x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $1.70 | $4.17 | x |
| 2021-12-31 | $1.74 | $4.17 | x |
| 2022-12-31 | $1.76 | $4.17 | x |
| 2023-12-31 | $1.86 | $4.17 | x |
| 2024-12-31 | $2.36 | $4.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Shibao 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): 7.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.54%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.68x
- Recent ROE (7.67%) is above the historical average (3.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 3.04% | 3.71% | 0.56x | 1.47x | $-93.42 Million |
| 2021 | 2.48% | 2.90% | 0.57x | 1.51x | $-103.53 Million |
| 2022 | 1.14% | 1.14% | 0.58x | 1.72x | $-123.44 Million |
| 2023 | 5.25% | 4.24% | 0.69x | 1.80x | $-69.78 Million |
| 2024 | 7.67% | 5.54% | 0.83x | 1.68x | $-45.18 Million |
Industry Comparison
This section compares Zhejiang Shibao Company Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Shibao Company Limited (ZHHJY) | $2.00 Billion | 3.04% | 0.72x | $38.88K |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |