Zangge Holding Co Ltd (000408) - Net Assets

Latest as of September 2025: CN¥15.09 Billion CNY ≈ $2.21 Billion USD

Based on the latest financial reports, Zangge Holding Co Ltd (000408) has net assets worth CN¥15.09 Billion CNY (≈ $2.21 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.36 Billion ≈ $2.39 Billion USD) and total liabilities (CN¥1.28 Billion ≈ $186.63 Million 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. Also explore how large is Zangge Holding Co Ltd's balance sheet for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥15.09 Billion
% of Total Assets	92.21%
Annual Growth Rate	20.33%
5-Year Change	74.9%
10-Year Change	17879.51%
Growth Volatility	1354.89

Zangge Holding Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Zangge Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Zangge Holding Co Ltd stock valuation.

Annual Net Assets for Zangge Holding Co Ltd (1993–2024)

The table below shows the annual net assets of Zangge Holding Co Ltd from 1993 to 2024. Explore cash flow conversion of Zangge Holding Co Ltd to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	CN¥13.85 Billion ≈ $2.03 Billion	+6.10%
2023-12-31	CN¥13.05 Billion ≈ $1.91 Billion	+7.64%
2022-12-31	CN¥12.12 Billion ≈ $1.77 Billion	+28.24%
2021-12-31	CN¥9.45 Billion ≈ $1.38 Billion	+19.41%
2020-12-31	CN¥7.92 Billion ≈ $1.16 Billion	+0.13%
2019-12-31	CN¥7.91 Billion ≈ $1.16 Billion	+6.34%
2018-12-31	CN¥7.44 Billion ≈ $1.09 Billion	+13.78%
2017-12-31	CN¥6.53 Billion ≈ $956.25 Million	+9.13%
2016-12-31	CN¥5.99 Billion ≈ $876.26 Million	+7675.37%
2015-12-31	CN¥77.02 Million ≈ $11.27 Million	-44.03%
2014-12-31	CN¥137.60 Million ≈ $20.13 Million	-28.92%
2013-12-31	CN¥193.59 Million ≈ $28.33 Million	+9.26%
2012-12-31	CN¥177.18 Million ≈ $25.93 Million	+3.66%
2011-12-31	CN¥170.92 Million ≈ $25.01 Million	+3.83%
2010-12-31	CN¥164.61 Million ≈ $24.09 Million	+22.86%
2009-12-31	CN¥133.99 Million ≈ $19.61 Million	-51.07%
2008-12-31	CN¥273.85 Million ≈ $40.07 Million	-27.95%
2007-12-31	CN¥380.09 Million ≈ $55.62 Million	+1.15%
2006-12-31	CN¥375.77 Million ≈ $54.99 Million	+2.55%
2005-12-31	CN¥366.41 Million ≈ $53.62 Million	-20.89%
2004-12-31	CN¥463.16 Million ≈ $67.78 Million	-3.04%
2003-12-31	CN¥477.67 Million ≈ $69.90 Million	-4.49%
2002-12-31	CN¥500.14 Million ≈ $73.19 Million	+6.95%
2001-12-31	CN¥467.64 Million ≈ $68.43 Million	+21.58%
2000-12-31	CN¥384.64 Million ≈ $56.28 Million	+3.02%
1999-12-31	CN¥373.37 Million ≈ $54.64 Million	+22.71%
1998-12-31	CN¥304.26 Million ≈ $44.52 Million	+80.66%
1997-12-31	CN¥168.42 Million ≈ $24.64 Million	+24.89%
1996-12-31	CN¥134.86 Million ≈ $19.73 Million	+148.18%
1995-12-31	CN¥54.34 Million ≈ $7.95 Million	+12.88%
1994-12-31	CN¥48.14 Million ≈ $7.04 Million	+7.80%
1993-12-31	CN¥44.66 Million ≈ $6.53 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zangge Holding Co Ltd'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 967621051600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥9.68 Billion	69.79%
Common Stock	CN¥1.58 Billion	11.40%
Other Comprehensive Income	CN¥1.02 Billion	7.37%
Other Components	CN¥1.59 Billion	11.44%
Total Equity	CN¥13.87 Billion	100.00%

Zangge Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Zangge Holding Co Ltd ranked by their market capitalization.

Company	Market Cap
US Foods Holding Corp NYSE:USFD	$20.52 Billion
Arca Continental S.A.B. de C.V MX:AC	$20.52 Billion
Yantai Jereh Oilfield Services Group Co Ltd SHE:002353	$20.53 Billion
Smurfit WestRock plc NYSE:SW	$20.59 Billion
Grasim Industries Limited NSE:GRASIM	$20.50 Billion
Telefonica Brasil SA ADR NYSE:VIV	$20.48 Billion
Huatai Securities Co Ltd SHG:601688	$20.48 Billion
Telefónica S.A F:TNE2	$20.47 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zangge Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 13,057,776,309 to 13,865,071,905, a change of 807,295,596 (6.2%).
Net income of 2,579,985,941 contributed positively to equity growth.
Dividend payments of 1,667,944,926 reduced retained earnings.
Share repurchases of 150,936,559 reduced equity.
Other comprehensive income decreased equity by 48,149,019.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥2.58 Billion	+18.61%
Dividends Paid	CN¥1.67 Billion	-12.03%
Share Repurchases	CN¥150.94 Million	-1.09%
Other Comprehensive Income	CN¥-48.15 Million	-0.35%
Other Changes	CN¥94.34 Million	+0.68%
Total Change	CN¥-	6.18%

Book Value vs Market Value Analysis

This analysis compares Zangge Holding Co Ltd'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: 10.13x
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 505.34x to 10.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1993-12-31	CN¥0.18	CN¥89.26	x
1994-12-31	CN¥0.19	CN¥89.26	x
1995-12-31	CN¥0.21	CN¥89.26	x
1996-12-31	CN¥0.53	CN¥89.26	x
1997-12-31	CN¥0.67	CN¥89.26	x
1998-12-31	CN¥1.20	CN¥89.26	x
1999-12-31	CN¥1.15	CN¥89.26	x
2000-12-31	CN¥1.17	CN¥89.26	x
2001-12-31	CN¥1.72	CN¥89.26	x
2002-12-31	CN¥1.76	CN¥89.26	x
2003-12-31	CN¥1.80	CN¥89.26	x
2004-12-31	CN¥1.66	CN¥89.26	x
2005-12-31	CN¥1.28	CN¥89.26	x
2006-12-31	CN¥1.36	CN¥89.26	x
2007-12-31	CN¥2.59	CN¥89.26	x
2008-12-31	CN¥1.29	CN¥89.26	x
2009-12-31	CN¥0.51	CN¥89.26	x
2010-12-31	CN¥0.63	CN¥89.26	x
2011-12-31	CN¥0.66	CN¥89.26	x
2012-12-31	CN¥0.69	CN¥89.26	x
2013-12-31	CN¥0.76	CN¥89.26	x
2014-12-31	CN¥0.54	CN¥89.26	x
2015-12-31	CN¥0.05	CN¥89.26	x
2016-12-31	CN¥3.27	CN¥89.26	x
2017-12-31	CN¥3.28	CN¥89.26	x
2018-12-31	CN¥3.76	CN¥89.26	x
2019-12-31	CN¥3.85	CN¥89.26	x
2020-12-31	CN¥4.02	CN¥89.26	x
2021-12-31	CN¥4.77	CN¥89.26	x
2022-12-31	CN¥7.65	CN¥89.26	x
2023-12-31	CN¥8.46	CN¥89.26	x
2024-12-31	CN¥8.81	CN¥89.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zangge Holding Co Ltd 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): 18.61%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 79.36%
• Asset Turnover: 0.22x
• Equity Multiplier: 1.09x
Recent ROE (18.61%) is below the historical average (73.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1993	14.35%	6.76%	0.69x	3.09x	CN¥1.94 Million
1994	14.47%	7.59%	0.66x	2.90x	CN¥2.15 Million
1995	16.98%	9.37%	0.61x	2.99x	CN¥3.79 Million
1996	10.83%	11.35%	0.48x	2.00x	CN¥1.12 Million
1997	10.35%	10.36%	0.44x	2.30x	CN¥586.97K
1998	8.29%	9.85%	0.35x	2.38x	CN¥-5.19 Million
1999	11.79%	11.20%	0.41x	2.54x	CN¥5.22 Million
2000	6.88%	4.56%	0.61x	2.47x	CN¥-9.24 Million
2001	3.50%	4.62%	0.38x	2.02x	CN¥-28.23 Million
2002	2.32%	2.73%	0.39x	2.16x	CN¥-34.19 Million
2003	1.61%	3.57%	0.17x	2.58x	CN¥-38.10 Million
2004	-8.32%	-16.34%	0.20x	2.56x	CN¥-77.04 Million
2005	-30.02%	-45.69%	0.18x	3.57x	CN¥-129.52 Million
2006	4.11%	6.99%	0.21x	2.76x	CN¥-20.19 Million
2007	1.04%	0.56%	0.64x	2.90x	CN¥-32.51 Million
2008	-39.27%	-11.51%	1.29x	2.65x	CN¥-130.42 Million
2009	-120.64%	-109.70%	0.28x	3.97x	CN¥-168.95 Million
2010	21.75%	15.58%	0.51x	2.76x	CN¥18.78 Million
2011	4.40%	3.36%	0.51x	2.56x	CN¥-9.37 Million
2012	2.67%	13.87%	0.07x	2.61x	CN¥-12.69 Million
2013	329.38%	35.77%	3.05x	3.02x	CN¥609.64 Million
2014	631.70%	31.94%	5.88x	3.37x	CN¥843.24 Million
2015	1305.89%	36.43%	5.88x	6.10x	CN¥986.33 Million
2016	15.30%	35.03%	0.35x	1.24x	CN¥316.00 Million
2017	18.58%	38.27%	0.41x	1.19x	CN¥560.89 Million
2018	11.43%	31.72%	0.29x	1.26x	CN¥106.65 Million
2019	3.90%	15.27%	0.21x	1.22x	CN¥-482.40 Million
2020	2.89%	12.02%	0.22x	1.10x	CN¥-562.83 Million
2021	15.10%	39.40%	0.34x	1.12x	CN¥481.96 Million
2022	46.64%	69.01%	0.61x	1.12x	CN¥4.44 Billion
2023	26.19%	65.44%	0.37x	1.08x	CN¥2.11 Billion
2024	18.61%	79.36%	0.22x	1.09x	CN¥1.19 Billion

Industry Comparison

This section compares Zangge Holding Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $3,505,298,310
Average return on equity (ROE) among peers: 2.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zangge Holding Co Ltd (000408)	CN¥15.09 Billion	14.35%	0.08x	$20.51 Billion
North Huajin Chemical Industries Co Ltd (000059)	$1.75 Billion	1.31%	0.67x	$1.33 Billion
Sichuan Chemical Co Ltd (000155)	$1.94 Billion	4.27%	0.66x	$4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$22.55 Billion	3.40%	1.79x	$12.84 Billion
Sichuan Jinlu Group Co Ltd (000510)	$1.33 Billion	-13.31%	0.95x	$1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$-43.13 Million	0.00%	0.00x	$436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$1.96 Billion	5.59%	2.49x	$871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$607.74 Million	6.51%	4.22x	$470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$702.67 Million	17.21%	0.08x	$366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$757.37 Million	0.29%	1.64x	$4.87 Billion

About Zangge Holding Co Ltd

SHE:000408 China Chemicals

Market Cap

$20.51 Billion

CN¥140.16 Billion CNY

Market Cap Rank

#1243 Global

#107 in China

Share Price

CN¥89.26

Change (1 day)

-1.92%

52-Week Range

CN¥35.70 - CN¥94.87

All Time High

CN¥94.87