ZTE Corp (000063) - Net Assets

Latest as of September 2025: CN¥75.38 Billion CNY

Based on the latest financial reports, ZTE Corp (000063) has net assets worth CN¥75.38 Billion CNY as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥214.66 Billion) and total liabilities (CN¥139.27 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 CN¥75.38 Billion
% of Total Assets 35.12%
Annual Growth Rate 28.18%
5-Year Change 58.51%
10-Year Change 68.66%
Growth Volatility 80.1

ZTE Corp - Net Assets Trend (1994–2024)

This chart illustrates how ZTE Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for ZTE Corp (1994–2024)

The table below shows the annual net assets of ZTE Corp from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥73.11 Billion +6.99%
2023-12-31 CN¥68.33 Billion +14.76%
2022-12-31 CN¥59.54 Billion +11.74%
2021-12-31 CN¥53.29 Billion +15.54%
2020-12-31 CN¥46.12 Billion +21.52%
2019-12-31 CN¥37.95 Billion +15.15%
2018-12-31 CN¥32.96 Billion -27.37%
2017-12-31 CN¥45.38 Billion +10.99%
2016-12-31 CN¥40.89 Billion -5.68%
2015-12-31 CN¥43.35 Billion +64.87%
2014-12-31 CN¥26.29 Billion +11.29%
2013-12-31 CN¥23.63 Billion +4.36%
2012-12-31 CN¥22.64 Billion -13.88%
2011-12-31 CN¥26.29 Billion +5.32%
2010-12-31 CN¥24.96 Billion +39.07%
2009-12-31 CN¥17.95 Billion +18.21%
2008-12-31 CN¥15.18 Billion +17.81%
2007-12-31 CN¥12.89 Billion +14.66%
2006-12-31 CN¥11.24 Billion +6.09%
2005-12-31 CN¥10.60 Billion +9.93%
2004-12-31 CN¥9.64 Billion +82.68%
2003-12-31 CN¥5.28 Billion +17.43%
2002-12-31 CN¥4.49 Billion +13.39%
2001-12-31 CN¥3.96 Billion +103.22%
2000-12-31 CN¥1.95 Billion +23.46%
1999-12-31 CN¥1.58 Billion +62.71%
1998-12-31 CN¥970.69 Million +38.39%
1997-12-31 CN¥701.40 Million +440.06%
1996-12-31 CN¥129.87 Million +65.68%
1995-12-31 CN¥78.39 Million +84.24%
1994-12-31 CN¥42.55 Million --

Equity Component Analysis

This analysis shows how different components contribute to ZTE Corp'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 3987264300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥39.87 Billion 54.76%
Common Stock CN¥4.78 Billion 6.57%
Other Comprehensive Income CN¥1.87 Billion 2.57%
Other Components CN¥26.28 Billion 36.09%
Total Equity CN¥72.81 Billion 100.00%

ZTE Corp Competitors by Market Cap

The table below lists competitors of ZTE Corp ranked by their market capitalization.

Company Market Cap
Jentech Precision Industrial Co Ltd
TW:3653
 		$20.84 Billion
EchoStar Corporation
NASDAQ:SATS
 		$20.85 Billion
Tenaga Nasional Bhd
KLSE:5347
 		$20.96 Billion
Banco De Chile
NYSE:BCH
 		$20.97 Billion
SoFi Technologies Inc.
NASDAQ:SOFI
 		$20.75 Billion
MongoDB, Inc.
SA:M1DB34
 		$20.71 Billion
NetApp Inc
NASDAQ:NTAP
 		$20.70 Billion
Jiangsu Hengli Hydraulic Co Ltd
SHG:601100
 		$20.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ZTE Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 68,008,307,000 to 72,808,483,000, a change of 4,800,176,000 (7.1%).
  • Net income of 8,424,791,999 contributed positively to equity growth.
  • Dividend payments of 5,273,731,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 233,856,000.
  • Other factors increased equity by 1,882,971,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥8.42 Billion +11.57%
Dividends Paid CN¥5.27 Billion -7.24%
Other Comprehensive Income CN¥-233.86 Million -0.32%
Other Changes CN¥1.88 Billion +2.59%
Total Change CN¥- 7.06%

Book Value vs Market Value Analysis

This analysis compares ZTE Corp'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: 2.32x
  • 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 3755.46x to 2.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.01 CN¥35.33 x
1995-12-31 CN¥0.02 CN¥35.33 x
1996-12-31 CN¥0.03 CN¥35.33 x
1997-12-31 CN¥0.15 CN¥35.33 x
1998-12-31 CN¥0.21 CN¥35.33 x
1999-12-31 CN¥0.34 CN¥35.33 x
2000-12-31 CN¥0.42 CN¥35.33 x
2001-12-31 CN¥0.85 CN¥35.33 x
2002-12-31 CN¥0.95 CN¥35.33 x
2003-12-31 CN¥1.12 CN¥35.33 x
2004-12-31 CN¥2.03 CN¥35.33 x
2005-12-31 CN¥2.24 CN¥35.33 x
2006-12-31 CN¥2.36 CN¥35.33 x
2007-12-31 CN¥2.65 CN¥35.33 x
2008-12-31 CN¥3.08 CN¥35.33 x
2009-12-31 CN¥3.56 CN¥35.33 x
2010-12-31 CN¥5.68 CN¥35.33 x
2011-12-31 CN¥5.98 CN¥35.33 x
2012-12-31 CN¥5.24 CN¥35.33 x
2013-12-31 CN¥5.39 CN¥35.33 x
2014-12-31 CN¥6.05 CN¥35.33 x
2015-12-31 CN¥8.28 CN¥35.33 x
2016-12-31 CN¥10.97 CN¥35.33 x
2017-12-31 CN¥8.73 CN¥35.33 x
2018-12-31 CN¥7.41 CN¥35.33 x
2019-12-31 CN¥8.30 CN¥35.33 x
2020-12-31 CN¥9.34 CN¥35.33 x
2021-12-31 CN¥11.08 CN¥35.33 x
2022-12-31 CN¥12.38 CN¥35.33 x
2023-12-31 CN¥14.28 CN¥35.33 x
2024-12-31 CN¥15.22 CN¥35.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ZTE Corp 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): 11.57%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.95%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 2.85x
  • Recent ROE (11.57%) is below the historical average (20.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 189.70% 41.03% 1.35x 3.42x CN¥76.46 Million
1995 93.31% 37.12% 0.83x 3.02x CN¥65.31 Million
1996 76.33% 32.00% 0.81x 2.95x CN¥86.08 Million
1997 16.83% 18.54% 0.47x 1.95x CN¥47.51 Million
1998 33.10% 15.94% 0.89x 2.33x CN¥218.98 Million
1999 13.82% 8.33% 0.75x 2.21x CN¥58.49 Million
2000 18.78% 7.83% 0.72x 3.35x CN¥165.57 Million
2001 14.76% 6.11% 1.03x 2.34x CN¥183.93 Million
2002 13.26% 5.15% 0.89x 2.90x CN¥139.36 Million
2003 14.92% 4.69% 1.02x 3.13x CN¥248.11 Million
2004 11.00% 4.44% 1.09x 2.27x CN¥91.43 Million
2005 11.80% 5.54% 0.99x 2.15x CN¥181.83 Million
2006 7.56% 3.51% 0.89x 2.43x CN¥-260.54 Million
2007 10.32% 3.60% 0.89x 3.23x CN¥38.44 Million
2008 11.65% 3.75% 0.87x 3.57x CN¥235.24 Million
2009 14.61% 4.08% 0.88x 4.06x CN¥775.59 Million
2010 14.07% 4.63% 0.83x 3.64x CN¥940.86 Million
2011 8.50% 2.39% 0.82x 4.35x CN¥-363.01 Million
2012 -13.21% -3.37% 0.78x 5.00x CN¥-4.99 Billion
2013 6.03% 1.80% 0.75x 4.44x CN¥-895.61 Million
2014 10.59% 3.23% 0.77x 4.27x CN¥145.71 Million
2015 9.30% 3.62% 0.83x 3.10x CN¥-273.63 Million
2016 -5.20% -1.83% 0.71x 3.97x CN¥-5.43 Billion
2017 12.37% 4.66% 0.76x 3.51x CN¥972.65 Million
2018 -22.53% -7.68% 0.66x 4.44x CN¥-9.48 Billion
2019 15.67% 6.06% 0.64x 4.03x CN¥1.99 Billion
2020 9.88% 4.21% 0.67x 3.48x CN¥-53.69 Million
2021 13.23% 5.95% 0.68x 3.28x CN¥1.66 Billion
2022 13.78% 6.57% 0.68x 3.09x CN¥2.22 Billion
2023 13.71% 7.51% 0.62x 2.95x CN¥2.52 Billion
2024 11.57% 6.95% 0.59x 2.85x CN¥1.14 Billion

Industry Comparison

This section compares ZTE Corp's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $722,483,429
  • Average return on equity (ROE) among peers: 5.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ZTE Corp (000063) CN¥75.38 Billion 189.70% 1.85x $20.82 Billion
Shenzhen SDG Information Co Ltd (000070) $2.37 Billion 0.56% 2.33x $2.68 Billion
Addsino Co Ltd (000547) $12.14 Million 24.38% 3.62x $6.31 Billion
Sichuan Huiyuan Optical Com (000586) $310.66 Million 7.41% 1.42x $549.14 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $366.30 Million -60.83% 6.39x $444.06 Million
Sichuan Jiuzhou Electronic Co Ltd (000801) $117.42 Million 3.98% 0.49x $2.11 Billion
Skyworth Digital Co Ltd (000810) $2.01 Billion 18.94% 0.94x $2.05 Billion
Gohigh Data Networks Technology Co Ltd (000851) $1.12 Billion 2.10% 1.14x $64.38 Million
Shenzhen Coship Electronics Co Ltd (002052) $138.42 Million 29.26% 1.88x $1.15 Billion
Sunwave Communications Co Ltd (002115) $60.20 Million 26.45% 1.69x $1.49 Billion

About ZTE Corp

SHE:000063 China Communication Equipment
Market Cap
$20.82 Billion
CN¥142.31 Billion CNY
Market Cap Rank
#1115 Global
#86 in China
Share Price
CN¥35.33
Change (1 day)
-0.20%
52-Week Range
CN¥30.96 - CN¥54.03
All Time High
CN¥54.03
Categories
Companies in China Communication Equipment Technology AI & Machine Learning
About

ZTE Corporation provides integrated information and communication technology solutions in the People's Republic of China, rest of Asia, Africa, Europe, the United States, and Oceania. The company 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 n… Read more