Zhejiang Weigang Technology Co. Ltd. A

SHE:001256 China Specialty Industrial Machinery
Market Cap
$439.27 Million
CN¥3.22 Billion CNY
Market Cap Rank
#17711 Global
#4564 in China
Share Price
CN¥22.60
Change (1 day)
-0.92%
52-Week Range
CN¥20.25 - CN¥31.39
All Time High
CN¥31.39
About

Zhejiang Weigang Technology Co., Ltd. provides label printing machines and converting machines in China. It offers rotary offset printing and intermittent label offset printing machines; flexo printing machines, label(logo)flexo printing machines with three die-cutting stations, and label(logo)flexo printing machines; and screen printing machines. The company provides rotary/semi-rotary label die… Read more

Zhejiang Weigang Technology Co. Ltd. A (001256) - Net Assets

Latest net assets as of September 2025: CN¥1.21 Billion CNY

Based on the latest financial reports, Zhejiang Weigang Technology Co. Ltd. A (001256) has net assets worth CN¥1.21 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¥1.59 Billion) and total liabilities (CN¥376.51 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

Metric Value
Current Net Assets CN¥1.21 Billion
% of Total Assets 76.25%
Annual Growth Rate 25.49%
5-Year Change 197.49%
10-Year Change N/A
Growth Volatility 32.94

Zhejiang Weigang Technology Co. Ltd. A - Net Assets Trend (2018–2024)

This chart illustrates how Zhejiang Weigang Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Zhejiang Weigang Technology Co. Ltd. A (2018–2024)

The table below shows the annual net assets of Zhejiang Weigang Technology Co. Ltd. A from 2018 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.15 Billion +3.11%
2023-12-31 CN¥1.11 Billion +6.50%
2022-12-31 CN¥1.04 Billion +94.76%
2021-12-31 CN¥535.93 Million +39.10%
2020-12-31 CN¥385.27 Million -0.89%
2019-12-31 CN¥388.72 Million +32.46%
2018-12-31 CN¥293.46 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Weigang Technology Co. Ltd. A'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 750.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥280.52 Million 24.48%
Common Stock CN¥142.61 Million 12.44%
Other Comprehensive Income CN¥4.11 Million 0.36%
Other Components CN¥718.90 Million 62.72%
Total Equity CN¥1.15 Billion 100.00%

Zhejiang Weigang Technology Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Zhejiang Weigang Technology Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Weigang Technology Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,111,631,041 to 1,146,149,450, a change of 34,518,409 (3.1%).
  • Net income of 90,183,970 contributed positively to equity growth.
  • Dividend payments of 28,341,261 reduced retained earnings.
  • Share repurchases of 39,998,119 reduced equity.
  • Other comprehensive income increased equity by 1,840,592.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥90.18 Million +7.87%
Dividends Paid CN¥28.34 Million -2.47%
Share Repurchases CN¥40.00 Million -3.49%
Other Comprehensive Income CN¥1.84 Million +0.16%
Other Changes CN¥10.83 Million +0.95%
Total Change CN¥- 3.11%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Weigang Technology Co. Ltd. A'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: 2.78x
  • 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 10.98x to 2.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 CN¥2.06 CN¥22.60 x
2019-12-31 CN¥2.73 CN¥22.60 x
2020-12-31 CN¥27017840.04 CN¥22.60 x
2021-12-31 CN¥3.76 CN¥22.60 x
2022-12-31 CN¥7.32 CN¥22.60 x
2023-12-31 CN¥7.74 CN¥22.60 x
2024-12-31 CN¥8.13 CN¥22.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Weigang Technology Co. Ltd. A 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): 7.87%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.43%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 1.36x
  • Recent ROE (7.87%) is below the historical average (16.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 25.59% 20.99% 0.70x 1.74x CN¥45.76 Million
2019 21.78% 22.16% 0.68x 1.44x CN¥45.81 Million
2020 26.75% 27.12% 0.70x 1.41x CN¥64.54 Million
2021 17.95% 21.31% 0.67x 1.26x CN¥42.60 Million
2022 7.76% 20.81% 0.34x 1.10x CN¥-23.42 Million
2023 7.49% 19.99% 0.31x 1.22x CN¥-27.89 Million
2024 7.87% 18.43% 0.31x 1.36x CN¥-24.43 Million

Industry Comparison

This section compares Zhejiang Weigang Technology Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Weigang Technology Co. Ltd. A (001256) CN¥1.21 Billion 25.59% 0.31x $113.46 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million