Zhejiang Jinggong Science Technology

SHE:002006 China Specialty Industrial Machinery
Market Cap
$1.42 Billion
CN¥10.40 Billion CNY
Market Cap Rank
#7316 Global
#1231 in China
Share Price
CN¥20.01
Change (1 day)
+2.25%
52-Week Range
CN¥15.43 - CN¥24.19
All Time High
CN¥34.79
Categories
Companies in China Specialty Industrial Machinery
About

Zhejiang Jinggong Integration Technology Co., Ltd. researches, develops, produces, and sells special equipment for new carbon fiber materials, polyester recycling equipment, special equipment for solar photovoltaic and new building energy-saving. The company offers carbon fiber, carbon neutral, new energy, intelligent machine, intelligent spinning, and fabrication materials. It is involved in man… Read more

Zhejiang Jinggong Science Technology (002006) - Net Assets

Latest net assets as of September 2025: CN¥2.40 Billion CNY

Based on the latest financial reports, Zhejiang Jinggong Science Technology (002006) has net assets worth CN¥2.40 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¥4.18 Billion) and total liabilities (CN¥1.77 Billion). 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¥2.40 Billion
% of Total Assets 57.53%
Annual Growth Rate 17.28%
5-Year Change 140.89%
10-Year Change 165.26%
Growth Volatility 65.39

Zhejiang Jinggong Science Technology - Net Assets Trend (2001–2024)

This chart illustrates how Zhejiang Jinggong Science Technology'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 Jinggong Science Technology (2001–2024)

The table below shows the annual net assets of Zhejiang Jinggong Science Technology from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.33 Billion +75.93%
2023-12-31 CN¥1.32 Billion -4.11%
2022-12-31 CN¥1.38 Billion +28.34%
2021-12-31 CN¥1.07 Billion +11.26%
2020-12-31 CN¥965.66 Million +5.28%
2019-12-31 CN¥917.20 Million -11.48%
2018-12-31 CN¥1.04 Billion +0.88%
2017-12-31 CN¥1.03 Billion +9.28%
2016-12-31 CN¥939.78 Million +7.17%
2015-12-31 CN¥876.92 Million +2.91%
2014-12-31 CN¥852.14 Million +4.51%
2013-12-31 CN¥815.34 Million -19.78%
2012-12-31 CN¥1.02 Billion -18.49%
2011-12-31 CN¥1.25 Billion +205.88%
2010-12-31 CN¥407.66 Million +24.19%
2009-12-31 CN¥328.27 Million +6.12%
2008-12-31 CN¥309.32 Million -14.17%
2007-12-31 CN¥360.38 Million -4.96%
2006-12-31 CN¥379.19 Million -1.76%
2005-12-31 CN¥385.98 Million +5.83%
2004-12-31 CN¥364.70 Million +249.54%
2003-12-31 CN¥104.34 Million +27.92%
2002-12-31 CN¥81.57 Million +37.02%
2001-12-31 CN¥59.53 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Jinggong Science Technology'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 32029.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥607.73 Million 26.13%
Common Stock CN¥519.79 Million 22.35%
Other Comprehensive Income CN¥199.45 Million 8.57%
Other Components CN¥999.19 Million 42.95%
Total Equity CN¥2.33 Billion 100.00%

Zhejiang Jinggong Science Technology Competitors by Market Cap

The table below lists competitors of Zhejiang Jinggong Science Technology ranked by their market capitalization.

Company Market Cap
Acbel Polytech Inc
TW:6282
 		$1.00 Billion
Foryou Corp
SHE:002906
 		$1.00 Billion
Stepan Company
NYSE:SCL
 		$1.01 Billion
Afry AB
ST:AFRY
 		$1.01 Billion
TCL Electronics Holdings Limited
PINK:TCLHF
 		$1.00 Billion
Tongding Interconnection Information
SHE:002491
 		$1.00 Billion
Hapag Lloyd AG
XETRA:HLAG
 		$1.00 Billion
AviChina Industry & Technology Co Ltd
PINK:AVIJF
 		$1.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Jinggong Science Technology's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,313,744,954 to 2,326,167,410, a change of 1,012,422,456 (77.1%).
  • Net income of 146,946,970 contributed positively to equity growth.
  • Dividend payments of 72,683,999 reduced retained earnings.
  • Other comprehensive income increased equity by 17,682,469.
  • Other factors increased equity by 920,477,016.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥146.95 Million +6.32%
Dividends Paid CN¥72.68 Million -3.12%
Other Comprehensive Income CN¥17.68 Million +0.76%
Other Changes CN¥920.48 Million +39.57%
Total Change CN¥- 77.06%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Jinggong Science Technology'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: 3.95x
  • 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 157.48x to 3.95x 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¥0.13 CN¥20.01 x
2002-12-31 CN¥0.17 CN¥20.01 x
2003-12-31 CN¥0.22 CN¥20.01 x
2004-12-31 CN¥0.74 CN¥20.01 x
2005-12-31 CN¥0.73 CN¥20.01 x
2006-12-31 CN¥0.78 CN¥20.01 x
2007-12-31 CN¥0.77 CN¥20.01 x
2008-12-31 CN¥0.64 CN¥20.01 x
2009-12-31 CN¥0.72 CN¥20.01 x
2010-12-31 CN¥0.94 CN¥20.01 x
2011-12-31 CN¥3.23 CN¥20.01 x
2012-12-31 CN¥2.26 CN¥20.01 x
2013-12-31 CN¥1.84 CN¥20.01 x
2014-12-31 CN¥2.02 CN¥20.01 x
2015-12-31 CN¥1.64 CN¥20.01 x
2016-12-31 CN¥2.07 CN¥20.01 x
2017-12-31 CN¥2.27 CN¥20.01 x
2018-12-31 CN¥1.78 CN¥20.01 x
2019-12-31 CN¥1.99 CN¥20.01 x
2020-12-31 CN¥2.06 CN¥20.01 x
2021-12-31 CN¥2.32 CN¥20.01 x
2022-12-31 CN¥2.97 CN¥20.01 x
2023-12-31 CN¥2.87 CN¥20.01 x
2024-12-31 CN¥5.07 CN¥20.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Jinggong Science Technology 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): 6.32%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.50%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 1.78x
  • Recent ROE (6.32%) is above the historical average (6.10%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 20.49% 12.46% 0.77x 2.14x CN¥6.24 Million
2002 24.42% 10.72% 1.03x 2.21x CN¥11.39 Million
2003 22.14% 10.82% 0.85x 2.39x CN¥12.33 Million
2004 7.13% 8.48% 0.45x 1.89x CN¥-9.96 Million
2005 5.38% 4.96% 0.40x 2.74x CN¥-15.87 Million
2006 1.14% 0.97% 0.40x 2.99x CN¥-29.92 Million
2007 1.55% 1.06% 0.46x 3.14x CN¥-28.32 Million
2008 -17.20% -7.81% 0.47x 4.71x CN¥-75.81 Million
2009 7.40% 3.63% 0.48x 4.24x CN¥-8.17 Million
2010 22.72% 9.35% 0.57x 4.27x CN¥51.04 Million
2011 32.17% 17.08% 0.87x 2.16x CN¥276.83 Million
2012 -19.00% -26.47% 0.33x 2.16x CN¥-297.17 Million
2013 -23.90% -26.61% 0.37x 2.43x CN¥-280.94 Million
2014 1.48% 1.40% 0.54x 1.96x CN¥-72.29 Million
2015 1.83% 2.44% 0.42x 1.80x CN¥-70.77 Million
2016 6.75% 9.01% 0.43x 1.74x CN¥-30.22 Million
2017 9.69% 10.43% 0.53x 1.74x CN¥-3.16 Million
2018 0.56% 0.57% 0.52x 1.88x CN¥-96.58 Million
2019 -13.36% -13.98% 0.50x 1.90x CN¥-211.59 Million
2020 3.02% 2.65% 0.52x 2.20x CN¥-65.63 Million
2021 10.23% 6.24% 0.69x 2.38x CN¥2.39 Million
2022 21.67% 12.44% 0.91x 1.91x CN¥157.97 Million
2023 13.73% 11.71% 0.62x 1.89x CN¥48.99 Million
2024 6.32% 8.50% 0.42x 1.78x CN¥-85.67 Million

Industry Comparison

This section compares Zhejiang Jinggong Science Technology'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 Jinggong Science Technology (002006) CN¥2.40 Billion 20.49% 0.74x $1.00 Billion
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