Zhejiang Nhu Co Ltd (002001) - Net Assets
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 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Zhejiang Nhu Co Ltd market cap and net worth.
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. Also explore how fast is Zhejiang Nhu Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
Taiwan Mobile Co Ltd
TW:3045
|
$11.84 Billion |
|
Israel Discount Bank Ltd
TA:DSCT
|
$11.85 Billion |
|
Jazz Pharmaceuticals plc
F:J7Z
|
$11.86 Billion |
|
Bank of Chengdu Co Ltd
SHG:601838
|
$11.87 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$11.83 Billion |
|
China Resources Microelectronics Ltd
SHG:688396
|
$11.81 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
$11.81 Billion |
|
Krung Thai Bank Public Company Limited
F:NVPB
|
$11.81 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: 2.47x
- 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 237.70x to 2.47x 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¥26.32 | x |
| 2002-12-31 | CN¥0.14 | CN¥26.32 | x |
| 2003-12-31 | CN¥0.16 | CN¥26.32 | x |
| 2004-12-31 | CN¥0.37 | CN¥26.32 | x |
| 2005-12-31 | CN¥0.38 | CN¥26.32 | x |
| 2006-12-31 | CN¥0.32 | CN¥26.32 | x |
| 2007-12-31 | CN¥0.35 | CN¥26.32 | x |
| 2008-12-31 | CN¥0.75 | CN¥26.32 | x |
| 2009-12-31 | CN¥1.63 | CN¥26.32 | x |
| 2010-12-31 | CN¥1.93 | CN¥26.32 | x |
| 2011-12-31 | CN¥2.11 | CN¥26.32 | x |
| 2012-12-31 | CN¥2.27 | CN¥26.32 | x |
| 2013-12-31 | CN¥2.46 | CN¥26.32 | x |
| 2014-12-31 | CN¥2.62 | CN¥26.32 | x |
| 2015-12-31 | CN¥2.65 | CN¥26.32 | x |
| 2016-12-31 | CN¥3.01 | CN¥26.32 | x |
| 2017-12-31 | CN¥5.23 | CN¥26.32 | x |
| 2018-12-31 | CN¥5.22 | CN¥26.32 | x |
| 2019-12-31 | CN¥5.50 | CN¥26.32 | x |
| 2020-12-31 | CN¥6.25 | CN¥26.32 | x |
| 2021-12-31 | CN¥7.09 | CN¥26.32 | x |
| 2022-12-31 | CN¥7.67 | CN¥26.32 | x |
| 2023-12-31 | CN¥7.98 | CN¥26.32 | x |
| 2024-12-31 | CN¥9.54 | CN¥26.32 | x |
| 2025-12-31 | CN¥10.67 | CN¥26.32 | 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: $8,448,219,723
- Average return on equity (ROE) among peers: 10.70%
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 | $11.84 Billion |
| Shenzhen Neptunus Bioengineering Co Ltd (000078) | $2.14 Billion | 22.15% | 4.96x | $585.22 Million |
| Anhui Fengyuan Pharmaceutical Co Ltd (000153) | $1.15 Billion | 3.98% | 1.16x | $407.31 Million |
| Shan Dong Dong-E E-Jiao Co Ltd (000423) | $897.61 Million | 10.79% | 0.14x | $4.27 Billion |
| Livzon Pharmaceutical Group Inc (000513) | $14.94 Billion | 12.78% | 0.66x | $2.26 Billion |
| Wedge Industrial Co Ltd (000534) | $552.92 Million | 0.39% | 0.01x | $1.78 Billion |
| Yunnan Baiyao Group Co Ltd (000538) | $38.10 Billion | 10.98% | 0.30x | $13.33 Billion |
| Hainan Haiyao Co Ltd (000566) | $5.63 Billion | 2.92% | 0.71x | $875.19 Million |
| Tus Pharmaceutical Group Co Ltd (000590) | $141.91 Million | 11.01% | 0.32x | $311.17 Million |
| Northeast Pharmaceutical Group Co Ltd (000597) | $2.05 Billion | 23.18% | 1.96x | $973.03 Million |
| Jilin Aodong Pharmaceutical Group Co Ltd (000623) | $18.87 Billion | 8.83% | 0.08x | $3.07 Billion |
About Zhejiang Nhu Co Ltd
Zhejiang NHU Company Ltd., together with its subsidiaries, produces and sells nutritional products, fragrances and flavors, polymer materials, and active pharmaceutical ingredients in China and internationally. It operates through Pharmaceutical and Chemical; and Other segments. The company offers animal nutrition products comprising vitamins, amino acids, and carotenoids for poultry, swine, rumi… Read more