China Zhenhua Group Science & Technology Co Ltd (000733) - Net Assets
Based on the latest financial reports, China Zhenhua Group Science & Technology Co Ltd (000733) has net assets worth CN¥15.32 Billion CNY (≈ $2.24 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¥18.69 Billion ≈ $2.74 Billion USD) and total liabilities (CN¥3.37 Billion ≈ $493.15 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 000733 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.32 Billion |
| % of Total Assets | 81.97% |
| Annual Growth Rate | 16.96% |
| 5-Year Change | 146.94% |
| 10-Year Change | 286.4% |
| Growth Volatility | 46.37 |
China Zhenhua Group Science & Technology Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how China Zhenhua Group Science & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of China Zhenhua Group Science & Technology for the complete picture of this company's asset base.
Annual Net Assets for China Zhenhua Group Science & Technology Co Ltd (1994–2024)
The table below shows the annual net assets of China Zhenhua Group Science & Technology Co Ltd from 1994 to 2024. For live valuation and market cap data, see China Zhenhua Group Science & Technology stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥14.75 Billion ≈ $2.16 Billion |
+2.80% |
| 2023-12-31 | CN¥14.35 Billion ≈ $2.10 Billion |
+47.10% |
| 2022-12-31 | CN¥9.75 Billion ≈ $1.43 Billion |
+31.14% |
| 2021-12-31 | CN¥7.44 Billion ≈ $1.09 Billion |
+24.53% |
| 2020-12-31 | CN¥5.97 Billion ≈ $873.94 Million |
+10.96% |
| 2019-12-31 | CN¥5.38 Billion ≈ $787.61 Million |
+4.74% |
| 2018-12-31 | CN¥5.14 Billion ≈ $751.95 Million |
+19.59% |
| 2017-12-31 | CN¥4.30 Billion ≈ $628.76 Million |
+6.13% |
| 2016-12-31 | CN¥4.05 Billion ≈ $592.44 Million |
+6.07% |
| 2015-12-31 | CN¥3.82 Billion ≈ $558.52 Million |
+6.91% |
| 2014-12-31 | CN¥3.57 Billion ≈ $522.44 Million |
+24.39% |
| 2013-12-31 | CN¥2.87 Billion ≈ $420.01 Million |
+18.20% |
| 2012-12-31 | CN¥2.43 Billion ≈ $355.34 Million |
+2.29% |
| 2011-12-31 | CN¥2.37 Billion ≈ $347.39 Million |
+4.16% |
| 2010-12-31 | CN¥2.28 Billion ≈ $333.51 Million |
+3.45% |
| 2009-12-31 | CN¥2.20 Billion ≈ $322.39 Million |
+3.61% |
| 2008-12-31 | CN¥2.13 Billion ≈ $311.15 Million |
+3.15% |
| 2007-12-31 | CN¥2.06 Billion ≈ $301.64 Million |
-0.03% |
| 2006-12-31 | CN¥2.06 Billion ≈ $301.72 Million |
+8.57% |
| 2005-12-31 | CN¥1.90 Billion ≈ $277.92 Million |
+1.02% |
| 2004-12-31 | CN¥1.88 Billion ≈ $275.10 Million |
+0.12% |
| 2003-12-31 | CN¥1.88 Billion ≈ $274.76 Million |
+0.24% |
| 2002-12-31 | CN¥1.87 Billion ≈ $274.10 Million |
+0.75% |
| 2001-12-31 | CN¥1.86 Billion ≈ $272.07 Million |
+55.29% |
| 2000-12-31 | CN¥1.20 Billion ≈ $175.20 Million |
+0.38% |
| 1999-12-31 | CN¥1.19 Billion ≈ $174.53 Million |
+22.97% |
| 1998-12-31 | CN¥969.90 Million ≈ $141.93 Million |
+12.14% |
| 1997-12-31 | CN¥864.90 Million ≈ $126.56 Million |
+254.54% |
| 1996-12-31 | CN¥243.95 Million ≈ $35.70 Million |
+67.47% |
| 1995-12-31 | CN¥145.67 Million ≈ $21.32 Million |
+8.56% |
| 1994-12-31 | CN¥134.18 Million ≈ $19.63 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to China Zhenhua Group Science & Technology 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 225320.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.76 Billion | 52.64% |
| Common Stock | CN¥554.17 Million | 3.76% |
| Other Comprehensive Income | CN¥7.19 Million | 0.05% |
| Other Components | CN¥6.42 Billion | 43.55% |
| Total Equity | CN¥14.75 Billion | 100.00% |
China Zhenhua Group Science & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of China Zhenhua Group Science & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMB.TECH NV
BR:CMBT
|
$3.46 Billion |
|
Kangmei Pharmaceutical Co Ltd
SHG:600518
|
$3.46 Billion |
|
Fujian Longking Co Ltd
SHG:600388
|
$3.46 Billion |
|
K.P.R. Mill Limited
NSE:KPRMILL
|
$3.46 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
$3.45 Billion |
|
Herc Holdings Inc
NYSE:HRI
|
$3.45 Billion |
|
Minmetals Capital Co Ltd
SHG:600390
|
$3.45 Billion |
|
Changzheng Engineering Co Ltd
SHG:603698
|
$3.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Zhenhua Group Science & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,348,600,240 to 14,749,329,513, a change of 400,729,273 (2.8%).
- Net income of 970,184,126 contributed positively to equity growth.
- Dividend payments of 650,656,600 reduced retained earnings.
- Other comprehensive income decreased equity by 1,122,380,574.
- Other factors increased equity by 1,203,582,321.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥970.18 Million | +6.58% |
| Dividends Paid | CN¥650.66 Million | -4.41% |
| Other Comprehensive Income | CN¥-1.12 Billion | -7.61% |
| Other Changes | CN¥1.20 Billion | +8.16% |
| Total Change | CN¥- | 2.79% |
Book Value vs Market Value Analysis
This analysis compares China Zhenhua Group Science & Technology 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: 1.60x
- 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 128.89x to 1.60x 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¥0.33 | CN¥42.61 | x |
| 1995-12-31 | CN¥0.33 | CN¥42.61 | x |
| 1996-12-31 | CN¥0.46 | CN¥42.61 | x |
| 1997-12-31 | CN¥2.18 | CN¥42.61 | x |
| 1998-12-31 | CN¥2.58 | CN¥42.61 | x |
| 1999-12-31 | CN¥3.21 | CN¥42.61 | x |
| 2000-12-31 | CN¥3.18 | CN¥42.61 | x |
| 2001-12-31 | CN¥5.05 | CN¥42.61 | x |
| 2002-12-31 | CN¥5.12 | CN¥42.61 | x |
| 2003-12-31 | CN¥5.22 | CN¥42.61 | x |
| 2004-12-31 | CN¥5.27 | CN¥42.61 | x |
| 2005-12-31 | CN¥5.32 | CN¥42.61 | x |
| 2006-12-31 | CN¥5.09 | CN¥42.61 | x |
| 2007-12-31 | CN¥5.37 | CN¥42.61 | x |
| 2008-12-31 | CN¥5.42 | CN¥42.61 | x |
| 2009-12-31 | CN¥5.79 | CN¥42.61 | x |
| 2010-12-31 | CN¥5.44 | CN¥42.61 | x |
| 2011-12-31 | CN¥5.91 | CN¥42.61 | x |
| 2012-12-31 | CN¥6.05 | CN¥42.61 | x |
| 2013-12-31 | CN¥6.49 | CN¥42.61 | x |
| 2014-12-31 | CN¥7.25 | CN¥42.61 | x |
| 2015-12-31 | CN¥7.50 | CN¥42.61 | x |
| 2016-12-31 | CN¥8.50 | CN¥42.61 | x |
| 2017-12-31 | CN¥8.85 | CN¥42.61 | x |
| 2018-12-31 | CN¥10.55 | CN¥42.61 | x |
| 2019-12-31 | CN¥10.45 | CN¥42.61 | x |
| 2020-12-31 | CN¥11.60 | CN¥42.61 | x |
| 2021-12-31 | CN¥14.45 | CN¥42.61 | x |
| 2022-12-31 | CN¥18.82 | CN¥42.61 | x |
| 2023-12-31 | CN¥27.43 | CN¥42.61 | x |
| 2024-12-31 | CN¥26.62 | CN¥42.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Zhenhua Group Science & Technology 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): 6.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.59%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.22x
- Recent ROE (6.58%) is below the historical average (9.31%), 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 | 39.02% | 14.18% | 0.80x | 3.43x | CN¥33.49 Million |
| 1995 | 47.02% | 13.46% | 0.84x | 4.16x | CN¥43.09 Million |
| 1996 | 33.60% | 13.08% | 0.63x | 4.05x | CN¥38.00 Million |
| 1997 | 11.51% | 18.01% | 0.38x | 1.69x | CN¥11.49 Million |
| 1998 | 8.57% | 15.53% | 0.35x | 1.59x | CN¥-12.85 Million |
| 1999 | 6.36% | 13.38% | 0.31x | 1.52x | CN¥-40.86 Million |
| 2000 | 5.70% | 9.51% | 0.38x | 1.59x | CN¥-47.74 Million |
| 2001 | 3.76% | 10.59% | 0.26x | 1.36x | CN¥-109.97 Million |
| 2002 | 2.11% | 5.34% | 0.30x | 1.32x | CN¥-141.16 Million |
| 2003 | 1.76% | 3.51% | 0.37x | 1.35x | CN¥-150.11 Million |
| 2004 | 0.93% | 1.87% | 0.39x | 1.26x | CN¥-166.97 Million |
| 2005 | 0.92% | 1.32% | 0.53x | 1.32x | CN¥-168.72 Million |
| 2006 | 1.18% | 1.26% | 0.65x | 1.45x | CN¥-166.33 Million |
| 2007 | 1.30% | 1.29% | 0.67x | 1.50x | CN¥-163.09 Million |
| 2008 | 1.29% | 1.22% | 0.68x | 1.55x | CN¥-166.95 Million |
| 2009 | 1.56% | 1.39% | 0.69x | 1.61x | CN¥-167.15 Million |
| 2010 | 1.84% | 1.28% | 0.85x | 1.69x | CN¥-165.86 Million |
| 2011 | 2.03% | 1.27% | 0.91x | 1.76x | CN¥-165.88 Million |
| 2012 | 3.96% | 2.86% | 0.80x | 1.73x | CN¥-129.42 Million |
| 2013 | 4.47% | 3.60% | 0.73x | 1.70x | CN¥-144.25 Million |
| 2014 | 3.86% | 3.09% | 0.79x | 1.58x | CN¥-204.76 Million |
| 2015 | 5.02% | 3.49% | 0.76x | 1.89x | CN¥-175.37 Million |
| 2016 | 4.55% | 2.75% | 0.81x | 2.05x | CN¥-217.14 Million |
| 2017 | 4.91% | 2.54% | 0.89x | 2.17x | CN¥-211.40 Million |
| 2018 | 6.12% | 5.73% | 0.52x | 2.07x | CN¥-193.61 Million |
| 2019 | 5.53% | 8.11% | 0.42x | 1.63x | CN¥-240.22 Million |
| 2020 | 10.14% | 15.33% | 0.44x | 1.50x | CN¥8.44 Million |
| 2021 | 20.04% | 26.36% | 0.51x | 1.49x | CN¥746.85 Million |
| 2022 | 24.42% | 32.79% | 0.54x | 1.39x | CN¥1.41 Billion |
| 2023 | 18.69% | 34.43% | 0.43x | 1.25x | CN¥1.25 Billion |
| 2024 | 6.58% | 18.59% | 0.29x | 1.22x | CN¥-504.75 Million |
Industry Comparison
This section compares China Zhenhua Group Science & Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,204,590,545
- Average return on equity (ROE) among peers: 8.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Zhenhua Group Science & Technology Co Ltd (000733) | CN¥15.32 Billion | 39.02% | 0.22x | $3.46 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About China Zhenhua Group Science & Technology Co Ltd
China Zhenhua (Group) Science & Technology Co., Ltd manufactures and sells electronic components in China. The company operates through the New Electronic Components and Modern Services segments. It offers basic components, such as diodes, transistors, resistors, capacitors, inductors, filters, fuses, relays, contactors, switches, circuit breakers, lithium-ion batteries, and other devices; electr… Read more