Hunan Zhenghong Science and Technology Develop Co Ltd (000702) - Net Assets

Latest as of September 2025: CN¥293.30 Million CNY ≈ $42.92 Million USD

Based on the latest financial reports, Hunan Zhenghong Science and Technology Develop Co Ltd (000702) has net assets worth CN¥293.30 Million CNY (≈ $42.92 Million 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¥505.58 Million ≈ $73.98 Million USD) and total liabilities (CN¥212.28 Million ≈ $31.06 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. Check Hunan Zhenghong Science and Technology D liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥293.30 Million
% of Total Assets	58.01%
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. Also explore Hunan Zhenghong Science and Technology D balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Hunan Zhenghong Science and Technology D (000702) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥300.43 Million ≈ $43.96 Million	-9.22%
2023-12-31	CN¥330.96 Million ≈ $48.43 Million	+182.26%
2022-12-31	CN¥117.25 Million ≈ $17.16 Million	-57.88%
2021-12-31	CN¥278.36 Million ≈ $40.73 Million	-55.23%
2020-12-31	CN¥621.75 Million ≈ $90.98 Million	+11.27%
2019-12-31	CN¥558.79 Million ≈ $81.77 Million	+6.92%
2018-12-31	CN¥522.63 Million ≈ $76.48 Million	+10.29%
2017-12-31	CN¥473.86 Million ≈ $69.34 Million	+2.78%
2016-12-31	CN¥461.02 Million ≈ $67.46 Million	+0.05%
2015-12-31	CN¥460.77 Million ≈ $67.43 Million	-6.38%
2014-12-31	CN¥492.19 Million ≈ $72.02 Million	+11.51%
2013-12-31	CN¥441.40 Million ≈ $64.59 Million	-3.87%
2012-12-31	CN¥459.19 Million ≈ $67.19 Million	+0.26%
2011-12-31	CN¥457.99 Million ≈ $67.02 Million	+4.04%
2010-12-31	CN¥440.20 Million ≈ $64.42 Million	+2.02%
2009-12-31	CN¥431.48 Million ≈ $63.14 Million	+1.79%
2008-12-31	CN¥423.88 Million ≈ $62.03 Million	+2.25%
2007-12-31	CN¥414.55 Million ≈ $60.66 Million	-22.69%
2006-12-31	CN¥536.23 Million ≈ $78.47 Million	-3.87%
2005-12-31	CN¥557.84 Million ≈ $81.63 Million	-2.56%
2004-12-31	CN¥572.51 Million ≈ $83.78 Million	-35.04%
2003-12-31	CN¥881.40 Million ≈ $128.98 Million	+4.22%
2002-12-31	CN¥845.70 Million ≈ $123.75 Million	-0.47%
2001-12-31	CN¥849.73 Million ≈ $124.34 Million	-1.50%
2000-12-31	CN¥862.65 Million ≈ $126.23 Million	+49.88%
1999-12-31	CN¥575.58 Million ≈ $84.23 Million	+7.23%
1998-12-31	CN¥536.76 Million ≈ $78.54 Million	+2.34%
1997-12-31	CN¥524.50 Million ≈ $76.75 Million	+380.77%
1996-12-31	CN¥109.10 Million ≈ $15.96 Million	+22.09%
1995-12-31	CN¥89.36 Million ≈ $13.08 Million	+37.14%
1994-12-31	CN¥65.16 Million ≈ $9.53 Million	+40.24%
1993-12-31	CN¥46.46 Million ≈ $6.80 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
Common Stock	CN¥346.62 Million	95.47%
Other Comprehensive Income	CN¥55.13 Million	15.18%
Other Components	CN¥435.32 Million	119.89%
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
Jupiter Mines Ltd AU:JMS	$361.65 Million
Wonderla Holidays Limited NSE:WONDERLA	$361.70 Million
Digiworld Corp VN:DGW	$361.81 Million
Anhui Huangshan Capsule Co Ltd SHE:002817	$361.96 Million
Steel Strips Wheels Limited NSE:SSWL	$361.57 Million
Polisan Holding AS IS:POLHO	$361.51 Million
Standard Biotools Inc NASDAQ:LAB	$361.49 Million
Zhejiang Tuna Environmental Science & Technology Co Ltd SHG:603177	$361.25 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 363,084,730, a change of -64,480,150 (-15.1%).
Net loss of 65,250,013 reduced equity.
Dividend payments of 10,216,647 reduced retained earnings.
Other comprehensive income increased equity by 32,025,127.
Other factors decreased equity by 21,038,617.

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¥32.03 Million	+8.82%
Other Changes	CN¥-21.04 Million	-5.79%
Total Change	CN¥-	-15.08%

Book Value vs Market Value Analysis

This analysis compares Hunan Zhenghong Science and Technology Develop 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: 6.81x
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 41.02x to 6.81x 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¥0.17	CN¥7.13	x
1994-12-31	CN¥0.24	CN¥7.13	x
1995-12-31	CN¥0.33	CN¥7.13	x
1996-12-31	CN¥0.41	CN¥7.13	x
1997-12-31	CN¥1.91	CN¥7.13	x
1998-12-31	CN¥1.95	CN¥7.13	x
1999-12-31	CN¥2.09	CN¥7.13	x
2000-12-31	CN¥3.16	CN¥7.13	x
2001-12-31	CN¥3.09	CN¥7.13	x
2002-12-31	CN¥5.91	CN¥7.13	x
2003-12-31	CN¥5.92	CN¥7.13	x
2004-12-31	CN¥3.72	CN¥7.13	x
2005-12-31	CN¥3.62	CN¥7.13	x
2006-12-31	CN¥3.50	CN¥7.13	x
2007-12-31	CN¥1.43	CN¥7.13	x
2008-12-31	CN¥1.38	CN¥7.13	x
2009-12-31	CN¥2.42	CN¥7.13	x
2010-12-31	CN¥1.75	CN¥7.13	x
2011-12-31	CN¥1.78	CN¥7.13	x
2012-12-31	CN¥1.70	CN¥7.13	x
2013-12-31	CN¥1.64	CN¥7.13	x
2014-12-31	CN¥1.83	CN¥7.13	x
2015-12-31	CN¥1.71	CN¥7.13	x
2016-12-31	CN¥1.72	CN¥7.13	x
2017-12-31	CN¥1.77	CN¥7.13	x
2018-12-31	CN¥1.95	CN¥7.13	x
2019-12-31	CN¥2.02	CN¥7.13	x
2020-12-31	CN¥2.18	CN¥7.13	x
2021-12-31	CN¥1.31	CN¥7.13	x
2022-12-31	CN¥0.86	CN¥7.13	x
2023-12-31	CN¥1.43	CN¥7.13	x
2024-12-31	CN¥1.05	CN¥7.13	x

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 (1.14%), 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	1.74%	0.83%	1.65x	1.26x	CN¥-44.58 Million
2020	5.78%	3.14%	1.15x	1.59x	CN¥-24.48 Million
2021	-63.97%	-15.67%	1.59x	2.57x	CN¥-259.35 Million
2022	-50.85%	-9.99%	1.46x	3.49x	CN¥-138.79 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: $1,033,988,013
Average return on equity (ROE) among peers: 5.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hunan Zhenghong Science and Technology Develop Co Ltd (000702)	CN¥293.30 Million	57.45%	0.72x	$361.65 Million
ShenZhen Kondarl Group Co Ltd (000048)	$-382.25K	0.00%	0.00x	$1.14 Billion
Guangdong Guanghong Holdings Co Ltd (000529)	$1.15 Billion	6.52%	0.26x	$483.52 Million
Hefei Fengle Seed Co Ltd (000713)	$1.39 Billion	1.54%	0.49x	$759.23 Million
Luoniushan Co Ltd (000735)	$418.09 Million	11.68%	0.34x	$1.11 Billion
New Hope Liuhe Co Ltd (000876)	$458.73 Million	12.53%	0.08x	$5.75 Billion
Yuan Longping High-tech Agriculture Co Ltd (000998)	$2.02 Billion	17.92%	1.03x	$1.97 Billion
Dongrui Food Group Co Ltd (001201)	$140.85 Million	-19.04%	1.66x	$499.06 Million
Jiangxi Sunshine Dairy Co Ltd (001318)	$585.62 Million	19.17%	0.10x	$552.18 Million
Shandong Denghai Seeds Co Ltd (002041)	$3.14 Billion	1.32%	0.17x	$1.32 Billion

About Hunan Zhenghong Science and Technology Develop Co Ltd

SHE:000702 China Farm Products

Market Cap

$361.65 Million

CN¥2.47 Billion CNY

Market Cap Rank

#14163 Global

#4457 in China

Share Price

CN¥7.13

Change (1 day)

+1.86%

52-Week Range

CN¥5.95 - CN¥8.48

All Time High

CN¥16.41