Hunan Zhenghong Science and Technology Develop Co.,Ltd. engages in the research and development, production, and sale of feed products in China. It is also involved in the pig breeding and selling business; import and export of grain, oil, and feed raw materials; domestic trade of bulk raw materials, and agricultural and sideline products; development of agricultural industrialization; and investment in and development of bioengineering technology projects. The company was founded in 1997 and is based in Yueyang City, China.
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) - Net Assets
Latest net assets as of March 2025: CN¥289.84 Million CNY
Based on the latest financial reports, Hunan Zhenghong Science and Technology Develop Co Ltd (000702) has net assets worth CN¥289.84 Million CNY as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥697.07 Million) and total liabilities (CN¥407.23 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.
Key Net Assets Metrics
| Current Net Assets | CN¥289.84 Million | % of Total Assets | 41.58% |
|---|---|---|---|
| Annual Growth Rate | 6.21% | 5-Year Change | -51.68% |
| 10-Year Change | -34.8% | Growth Volatility | 76.65 |
Hunan Zhenghong Science and Technology Develop Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Hunan Zhenghong Science and Technology Develop Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hunan Zhenghong Science and Technology Develop Co Ltd (1993–2024)
The table below shows the annual net assets of Hunan Zhenghong Science and Technology Develop Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥300.43 Million | -9.22% |
| 2023-12-31 | CN¥330.96 Million | +182.26% |
| 2022-12-31 | CN¥117.25 Million | -57.88% |
| 2021-12-31 | CN¥278.36 Million | -55.23% |
| 2020-12-31 | CN¥621.75 Million | +11.27% |
| 2019-12-31 | CN¥558.79 Million | +6.92% |
| 2018-12-31 | CN¥522.63 Million | +10.29% |
| 2017-12-31 | CN¥473.86 Million | +2.78% |
| 2016-12-31 | CN¥461.02 Million | +0.05% |
| 2015-12-31 | CN¥460.77 Million | -6.38% |
| 2014-12-31 | CN¥492.19 Million | +11.51% |
| 2013-12-31 | CN¥441.40 Million | -3.87% |
| 2012-12-31 | CN¥459.19 Million | +0.26% |
| 2011-12-31 | CN¥457.99 Million | +4.04% |
| 2010-12-31 | CN¥440.20 Million | +2.02% |
| 2009-12-31 | CN¥431.48 Million | +1.79% |
| 2008-12-31 | CN¥423.88 Million | +2.25% |
| 2007-12-31 | CN¥414.55 Million | -22.69% |
| 2006-12-31 | CN¥536.23 Million | -3.87% |
| 2005-12-31 | CN¥557.84 Million | -2.56% |
| 2004-12-31 | CN¥572.51 Million | -35.04% |
| 2003-12-31 | CN¥881.40 Million | +4.22% |
| 2002-12-31 | CN¥845.70 Million | -0.47% |
| 2001-12-31 | CN¥849.73 Million | -1.50% |
| 2000-12-31 | CN¥862.65 Million | +49.88% |
| 1999-12-31 | CN¥575.58 Million | +7.23% |
| 1998-12-31 | CN¥536.76 Million | +2.34% |
| 1997-12-31 | CN¥524.50 Million | +380.77% |
| 1996-12-31 | CN¥109.10 Million | +22.09% |
| 1995-12-31 | CN¥89.36 Million | +37.14% |
| 1994-12-31 | CN¥65.16 Million | +40.24% |
| 1993-12-31 | CN¥46.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hunan Zhenghong Science and Technology Develop 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 decreased by 9145.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥837.07 Million | 230.54% |
| Total Equity | CN¥363.08 Million | 100.00% |
Hunan Zhenghong Science and Technology Develop Co Ltd Competitors by Market Cap
The table below lists competitors of Hunan Zhenghong Science and Technology Develop Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Discovery Dream Science & Technology Co.Ltd
SHE:301213
|
$199.45 Million |
|
Liuzhou Iron & Steel Co Ltd
SHG:601003
|
$199.47 Million |
|
Zhejiang Shapuaisi Pharmaceutical Co Ltd
SHG:603168
|
$199.53 Million |
|
Suzhou Institute of Building Science Group Co Ltd
SHG:603183
|
$199.63 Million |
|
Deo Ca Traffic Infrastructure Investment JSC
VN:HHV
|
$199.39 Million |
|
Binh Dinh Pharmaceutical and Medical Equipment JSC
VN:DBD
|
$199.38 Million |
|
Dianthus Therapeutics Inc.
NASDAQ:DNTH
|
$199.33 Million |
|
Pum-Tech Korea Co. Ltd
KQ:251970
|
$199.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Zhenghong Science and Technology Develop Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 427,564,880 to 363,084,731, a change of -64,480,149 (-15.1%).
- Net loss of 65,250,017 reduced equity.
- Dividend payments of 10,216,647 reduced retained earnings.
- Other comprehensive income decreased equity by 54,355,260.
- Other factors increased equity by 65,341,775.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-65.25 Million | -17.97% |
| Dividends Paid | CN¥10.22 Million | -2.81% |
| Other Comprehensive Income | CN¥-54.36 Million | -14.97% |
| Other Changes | CN¥65.34 Million | +18.0% |
| Total Change | CN¥ -64.48 Million | -15.08% |
Book Value vs Market Value Analysis
This analysis compares Hunan Zhenghong Science and Technology Develop Co Ltd's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 7.00x
- 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 42.17x to 7.00x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 1993 | CN¥0.17 | CN¥7.33 | 42.17x |
| 1994 | CN¥0.24 | CN¥7.33 | 30.07x |
| 1995 | CN¥0.33 | CN¥7.33 | 21.93x |
| 1996 | CN¥0.41 | CN¥7.33 | 17.96x |
| 1997 | CN¥1.91 | CN¥7.33 | 3.83x |
| 1998 | CN¥1.95 | CN¥7.33 | 3.77x |
| 1999 | CN¥2.09 | CN¥7.33 | 3.50x |
| 2000 | CN¥3.16 | CN¥7.33 | 2.32x |
| 2001 | CN¥3.09 | CN¥7.33 | 2.37x |
| 2002 | CN¥3.05 | CN¥7.33 | 2.40x |
| 2003 | CN¥3.05 | CN¥7.33 | 2.40x |
| 2004 | CN¥1.92 | CN¥7.33 | 3.82x |
| 2005 | CN¥1.87 | CN¥7.33 | 3.93x |
| 2006 | CN¥1.76 | CN¥7.33 | 4.16x |
| 2007 | CN¥1.43 | CN¥7.33 | 5.11x |
| 2008 | CN¥1.38 | CN¥7.33 | 5.30x |
| 2009 | CN¥1.30 | CN¥7.33 | 5.65x |
| 2010 | CN¥1.75 | CN¥7.33 | 4.20x |
| 2011 | CN¥1.78 | CN¥7.33 | 4.13x |
| 2012 | CN¥1.70 | CN¥7.33 | 4.31x |
| 2013 | CN¥1.64 | CN¥7.33 | 4.48x |
| 2014 | CN¥1.83 | CN¥7.33 | 4.01x |
| 2015 | CN¥1.71 | CN¥7.33 | 4.28x |
| 2016 | CN¥1.72 | CN¥7.33 | 4.27x |
| 2017 | CN¥1.77 | CN¥7.33 | 4.15x |
| 2018 | CN¥1.95 | CN¥7.33 | 3.76x |
| 2019 | CN¥2.02 | CN¥7.33 | 3.62x |
| 2020 | CN¥2.18 | CN¥7.33 | 3.37x |
| 2021 | CN¥1.31 | CN¥7.33 | 5.57x |
| 2022 | CN¥0.86 | CN¥7.33 | 8.57x |
| 2023 | CN¥1.23 | CN¥7.33 | 5.94x |
| 2024 | CN¥1.05 | CN¥7.33 | 7.00x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Zhenghong Science and Technology Develop 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): -17.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.82%
- • Asset Turnover: 1.58x
- • Equity Multiplier: 1.95x
- Recent ROE (-17.97%) is below the historical average (-0.33%), 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 | 57.45% | 10.52% | 2.64x | 2.07x | CN¥22.04 Million |
| 1994 | 42.99% | 7.98% | 3.51x | 1.54x | CN¥21.49 Million |
| 1995 | 44.89% | 9.32% | 2.59x | 1.86x | CN¥31.18 Million |
| 1996 | 40.05% | 9.87% | 2.10x | 1.93x | CN¥32.79 Million |
| 1997 | 12.15% | 9.95% | 1.07x | 1.14x | CN¥10.99 Million |
| 1998 | 11.74% | 8.81% | 0.96x | 1.39x | CN¥9.03 Million |
| 1999 | 8.93% | 7.35% | 0.92x | 1.32x | CN¥-6.02 Million |
| 2000 | 9.51% | 8.01% | 0.79x | 1.50x | CN¥-4.12 Million |
| 2001 | 7.31% | 5.42% | 0.80x | 1.70x | CN¥-22.18 Million |
| 2002 | 3.57% | 2.67% | 0.84x | 1.59x | CN¥-52.41 Million |
| 2003 | 1.22% | 0.73% | 0.92x | 1.81x | CN¥-71.67 Million |
| 2004 | -51.55% | -14.36% | 1.37x | 2.63x | CN¥-315.79 Million |
| 2005 | 1.08% | 0.27% | 1.53x | 2.59x | CN¥-44.51 Million |
| 2006 | 6.28% | 1.87% | 1.45x | 2.32x | CN¥-17.99 Million |
| 2007 | -24.86% | -6.92% | 1.38x | 2.60x | CN¥-134.93 Million |
| 2008 | 2.89% | 0.71% | 1.93x | 2.11x | CN¥-27.86 Million |
| 2009 | 2.31% | 0.56% | 2.01x | 2.06x | CN¥-30.86 Million |
| 2010 | 1.72% | 0.41% | 1.83x | 2.28x | CN¥-33.83 Million |
| 2011 | 1.13% | 0.26% | 2.30x | 1.87x | CN¥-39.58 Million |
| 2012 | 0.84% | 0.19% | 2.16x | 2.01x | CN¥-41.64 Million |
| 2013 | -6.01% | -1.30% | 2.78x | 1.67x | CN¥-69.89 Million |
| 2014 | 5.34% | 1.44% | 2.53x | 1.46x | CN¥-22.75 Million |
| 2015 | 1.07% | 0.37% | 2.10x | 1.37x | CN¥-40.84 Million |
| 2016 | 0.44% | 0.16% | 1.90x | 1.41x | CN¥-43.75 Million |
| 2017 | 3.42% | 1.19% | 1.91x | 1.50x | CN¥-31.01 Million |
| 2018 | 10.72% | 4.16% | 1.87x | 1.38x | CN¥3.76 Million |
| 2019 | 2.84% | 1.37% | 1.65x | 1.26x | CN¥-38.60 Million |
| 2020 | 5.78% | 3.14% | 1.15x | 1.59x | CN¥-24.48 Million |
| 2021 | -94.87% | -23.23% | 1.59x | 2.57x | CN¥-367.67 Million |
| 2022 | -68.27% | -13.41% | 1.46x | 3.49x | CN¥-178.51 Million |
| 2023 | -32.71% | -11.27% | 1.73x | 1.68x | CN¥-182.61 Million |
| 2024 | -17.97% | -5.82% | 1.58x | 1.95x | CN¥-101.56 Million |
Industry Comparison
This section compares Hunan Zhenghong Science and Technology Develop Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $4,251,023,424
- Average return on equity (ROE) among peers: 5.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | CN¥289.84 Million | 57.45% | 1.41x | $199.42 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $-7.84 Million | 0.00% | 0.00x | $462.96 Million |
| Hefei Fengle Seed Co Ltd (000713) | $1.38 Billion | 0.85% | 0.59x | $363.97 Million |
| Luoniushan Co Ltd (000735) | $1.81 Billion | 0.80% | 1.40x | $741.67 Million |
| New Hope Liuhe Co Ltd (000876) | $25.55 Billion | 9.66% | 0.46x | $3.81 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $1.02 Billion | 2.76% | 0.82x | $1.62 Billion |
| Dongrui Food Group Co Ltd (001201) | $3.39 Billion | -1.93% | 0.79x | $258.64 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $124.80 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 1.32% | 0.17x | $463.58 Million |
| Zoneco Group Co Ltd (002069) | $1.38 Billion | 14.93% | 0.65x | $232.39 Million |