Zhejiang Nhu Co Ltd (002001) - Net Assets

Latest as of March 2026: CN¥35.29 Billion CNY ≈ $5.16 Billion USD

Based on the latest financial reports, Zhejiang Nhu Co Ltd (002001) has net assets worth CN¥35.29 Billion CNY (≈ $5.16 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥47.45 Billion ≈ $6.94 Billion USD) and total liabilities (CN¥12.17 Billion ≈ $1.78 Billion 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 002001 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥35.29 Billion
% of Total Assets	74.36%
Annual Growth Rate	22.46%
5-Year Change	50.54%
10-Year Change	307.41%
Growth Volatility	33.59

Zhejiang Nhu Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Zhejiang Nhu Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Zhejiang Nhu Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Zhejiang Nhu Co Ltd (2001–2025)

The table below shows the annual net assets of Zhejiang Nhu Co Ltd from 2001 to 2025. For live valuation and market cap data, see market cap of Zhejiang Nhu Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥32.96 Billion ≈ $4.82 Billion	+11.94%
2024-12-31	CN¥29.45 Billion ≈ $4.31 Billion	+18.16%
2023-12-31	CN¥24.92 Billion ≈ $3.65 Billion	+5.31%
2022-12-31	CN¥23.66 Billion ≈ $3.46 Billion	+8.07%
2021-12-31	CN¥21.90 Billion ≈ $3.20 Billion	+12.84%
2020-12-31	CN¥19.40 Billion ≈ $2.84 Billion	+13.72%
2019-12-31	CN¥17.06 Billion ≈ $2.50 Billion	+5.23%
2018-12-31	CN¥16.22 Billion ≈ $2.37 Billion	+15.85%
2017-12-31	CN¥14.00 Billion ≈ $2.05 Billion	+73.00%
2016-12-31	CN¥8.09 Billion ≈ $1.18 Billion	+14.70%
2015-12-31	CN¥7.05 Billion ≈ $1.03 Billion	+0.54%
2014-12-31	CN¥7.02 Billion ≈ $1.03 Billion	+6.77%
2013-12-31	CN¥6.57 Billion ≈ $961.48 Million	+8.56%
2012-12-31	CN¥6.05 Billion ≈ $885.65 Million	+7.40%
2011-12-31	CN¥5.64 Billion ≈ $824.61 Million	+16.33%
2010-12-31	CN¥4.84 Billion ≈ $708.88 Million	+62.57%
2009-12-31	CN¥2.98 Billion ≈ $436.06 Million	+54.14%
2008-12-31	CN¥1.93 Billion ≈ $282.89 Million	+124.45%
2007-12-31	CN¥861.32 Million ≈ $126.04 Million	+7.04%
2006-12-31	CN¥804.65 Million ≈ $117.75 Million	+1.13%
2005-12-31	CN¥795.65 Million ≈ $116.43 Million	+4.35%
2004-12-31	CN¥762.51 Million ≈ $111.58 Million	+113.74%
2003-12-31	CN¥356.74 Million ≈ $52.20 Million	+14.74%
2002-12-31	CN¥310.91 Million ≈ $45.50 Million	+22.06%
2001-12-31	CN¥254.72 Million ≈ $37.27 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Nhu 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 22195.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥25.38 Billion	77.36%
Other Components	CN¥7.43 Billion	22.64%
Total Equity	CN¥32.81 Billion	100.00%

Zhejiang Nhu Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Nhu Co Ltd ranked by their market capitalization.

Company	Market Cap
HDFC Asset Management Company Limited NSE:HDFCAMC	$12.60 Billion
Fidelity National Financial Inc NYSE:FNF	$12.60 Billion
LIG Nex1 Co Ltd KO:079550	$12.61 Billion
Graco Inc NYSE:GGG	$12.62 Billion
Ally Financial Inc NYSE:ALLY	$12.59 Billion
QXO, Inc. NYSE:QXO	$12.58 Billion
Postal Savings Bank of China Co Ltd F:3YB	$12.56 Billion
VERBUND AG ADR 1/5/O.N. F:OEW	$12.54 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 29,324,997,728 to 32,805,654,182, a change of 3,480,656,454 (11.9%).
Net income of 6,764,199,225 contributed positively to equity growth.
Dividend payments of 2,987,346,507 reduced retained earnings.
Other comprehensive income decreased equity by 2,021,810,935.
Other factors increased equity by 1,725,614,671.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥6.76 Billion	+20.62%
Dividends Paid	CN¥2.99 Billion	-9.11%
Other Comprehensive Income	CN¥-2.02 Billion	-6.16%
Other Changes	CN¥1.73 Billion	+5.26%
Total Change	CN¥-	11.87%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Nhu 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: 2.62x
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 252.87x to 2.62x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	CN¥0.11	CN¥28.00	x
2002-12-31	CN¥0.14	CN¥28.00	x
2003-12-31	CN¥0.16	CN¥28.00	x
2004-12-31	CN¥0.37	CN¥28.00	x
2005-12-31	CN¥0.38	CN¥28.00	x
2006-12-31	CN¥0.32	CN¥28.00	x
2007-12-31	CN¥0.35	CN¥28.00	x
2008-12-31	CN¥0.75	CN¥28.00	x
2009-12-31	CN¥1.63	CN¥28.00	x
2010-12-31	CN¥1.93	CN¥28.00	x
2011-12-31	CN¥2.11	CN¥28.00	x
2012-12-31	CN¥2.27	CN¥28.00	x
2013-12-31	CN¥2.46	CN¥28.00	x
2014-12-31	CN¥2.62	CN¥28.00	x
2015-12-31	CN¥2.65	CN¥28.00	x
2016-12-31	CN¥3.01	CN¥28.00	x
2017-12-31	CN¥5.23	CN¥28.00	x
2018-12-31	CN¥5.22	CN¥28.00	x
2019-12-31	CN¥5.50	CN¥28.00	x
2020-12-31	CN¥6.25	CN¥28.00	x
2021-12-31	CN¥7.09	CN¥28.00	x
2022-12-31	CN¥7.67	CN¥28.00	x
2023-12-31	CN¥7.98	CN¥28.00	x
2024-12-31	CN¥9.54	CN¥28.00	x
2025-12-31	CN¥10.67	CN¥28.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Nhu 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): 20.62%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 30.40%
• Asset Turnover: 0.49x
• Equity Multiplier: 1.39x
Recent ROE (20.62%) is above the historical average (18.19%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	19.09%	7.84%	0.63x	3.85x	CN¥20.14 Million
2002	18.36%	7.36%	0.82x	3.05x	CN¥23.16 Million
2003	21.58%	7.28%	0.90x	3.28x	CN¥37.17 Million
2004	9.93%	6.40%	0.71x	2.18x	CN¥-485.31K
2005	8.10%	4.87%	0.63x	2.63x	CN¥-14.38 Million
2006	4.38%	2.12%	0.66x	3.13x	CN¥-43.31 Million
2007	9.25%	4.41%	0.69x	3.04x	CN¥-6.24 Million
2008	75.05%	41.48%	0.89x	2.03x	CN¥1.19 Billion
2009	36.61%	35.14%	0.69x	1.51x	CN¥740.20 Million
2010	22.75%	31.93%	0.56x	1.27x	CN¥616.49 Million
2011	20.66%	30.85%	0.53x	1.27x	CN¥600.87 Million
2012	14.05%	23.41%	0.46x	1.29x	CN¥244.94 Million
2013	13.43%	20.82%	0.50x	1.30x	CN¥225.06 Million
2014	11.52%	19.40%	0.46x	1.30x	CN¥106.52 Million
2015	5.70%	10.52%	0.39x	1.38x	CN¥-302.77 Million
2016	14.92%	25.61%	0.41x	1.42x	CN¥396.38 Million
2017	12.21%	27.34%	0.34x	1.30x	CN¥308.72 Million
2018	19.04%	35.46%	0.40x	1.36x	CN¥1.46 Billion
2019	12.73%	28.27%	0.27x	1.69x	CN¥464.19 Million
2020	18.43%	34.55%	0.33x	1.60x	CN¥1.63 Billion
2021	19.95%	29.20%	0.43x	1.59x	CN¥2.17 Billion
2022	15.36%	22.72%	0.42x	1.62x	CN¥1.26 Billion
2023	10.90%	17.89%	0.39x	1.58x	CN¥223.77 Million
2024	20.01%	27.16%	0.50x	1.47x	CN¥2.94 Billion
2025	20.62%	30.40%	0.49x	1.39x	CN¥3.48 Billion

Industry Comparison

This section compares Zhejiang Nhu Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

Industry: Drug Manufacturers - Specialty & Generic
Average net assets among peers: $4,964,024,713
Average return on equity (ROE) among peers: -1.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Nhu Co Ltd (002001)	CN¥35.29 Billion	19.09%	0.34x	$12.59 Billion
Shenzhen Neptunus Bioengineering Co Ltd (000078)	$2.18 Billion	-25.87%	11.10x	$565.97 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153)	$1.18 Billion	2.97%	0.95x	$359.03 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423)	$1.05 Billion	10.46%	0.19x	$4.30 Billion
Livzon Pharmaceutical Group Inc (000513)	$972.07 Million	4.20%	0.48x	$2.52 Billion
Wedge Industrial Co Ltd (000534)	$0.00	0.00%	0.00x	$2.41 Billion
Yunnan Baiyao Group Co Ltd (000538)	$38.10 Billion	10.98%	0.30x	$12.64 Billion
Hainan Haiyao Co Ltd (000566)	$32.23 Million	19.79%	3.24x	$715.72 Million
Tus Pharmaceutical Group Co Ltd (000590)	$269.51 Million	-61.02%	1.05x	$319.94 Million
Northeast Pharmaceutical Group Co Ltd (000597)	$5.16 Billion	6.95%	1.96x	$916.75 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623)	$697.92 Million	14.37%	0.67x	$3.00 Billion

About Zhejiang Nhu Co Ltd

SHE:002001 China Drug Manufacturers - Specialty & Generic

Market Cap

$12.59 Billion

CN¥86.06 Billion CNY

Market Cap Rank

#1894 Global

#213 in China

Share Price

CN¥28.00

Change (1 day)

-1.75%

52-Week Range

CN¥21.23 - CN¥39.30

All Time High

CN¥69.69