Zhejiang DunAn Artificial Environment Co Ltd

SHE:002011 China Specialty Industrial Machinery
Market Cap
$1.94 Billion
CN¥14.24 Billion CNY
Market Cap Rank
#7703 Global
#1357 in China
Share Price
CN¥13.25
Change (1 day)
-0.60%
52-Week Range
CN¥10.57 - CN¥14.99
All Time High
CN¥20.39
Categories
Companies in China Specialty Industrial Machinery
About

Zhejiang Dun'an Artificial Environment Co., Ltd engages in the research and development, production, and sale of refrigeration accessories, refrigeration and air-conditioning equipment, and core components for thermal management of new energy vehicles in China and internationally. The company offers refrigeration accessories, including stop valves, four-way valves, electronic expansion valves, so… Read more

Zhejiang DunAn Artificial Environment Co Ltd (002011) - Net Assets

Latest net assets as of September 2025: CN¥6.34 Billion CNY

Based on the latest financial reports, Zhejiang DunAn Artificial Environment Co Ltd (002011) has net assets worth CN¥6.34 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¥11.79 Billion) and total liabilities (CN¥5.45 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¥6.34 Billion
% of Total Assets 53.78%
Annual Growth Rate 22.86%
5-Year Change 331.94%
10-Year Change 47.75%
Growth Volatility 74.47

Zhejiang DunAn Artificial Environment Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Zhejiang DunAn Artificial Environment Co Ltd'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 DunAn Artificial Environment Co Ltd (2001–2024)

The table below shows the annual net assets of Zhejiang DunAn Artificial Environment Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.51 Billion +25.66%
2023-12-31 CN¥4.39 Billion +23.83%
2022-12-31 CN¥3.54 Billion +116.57%
2021-12-31 CN¥1.64 Billion +28.18%
2020-12-31 CN¥1.28 Billion -42.25%
2019-12-31 CN¥2.21 Billion +4.10%
2018-12-31 CN¥2.12 Billion -52.25%
2017-12-31 CN¥4.45 Billion -1.77%
2016-12-31 CN¥4.53 Billion +21.31%
2015-12-31 CN¥3.73 Billion +5.66%
2014-12-31 CN¥3.53 Billion +3.22%
2013-12-31 CN¥3.42 Billion -1.78%
2012-12-31 CN¥3.48 Billion +12.77%
2011-12-31 CN¥3.09 Billion +56.69%
2010-12-31 CN¥1.97 Billion -5.45%
2009-12-31 CN¥2.08 Billion +76.50%
2008-12-31 CN¥1.18 Billion -5.93%
2007-12-31 CN¥1.26 Billion +193.80%
2006-12-31 CN¥427.29 Million +5.42%
2005-12-31 CN¥405.33 Million -0.54%
2004-12-31 CN¥407.52 Million +295.40%
2003-12-31 CN¥103.07 Million +41.99%
2002-12-31 CN¥72.59 Million +49.94%
2001-12-31 CN¥48.41 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang DunAn Artificial Environment 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 116920380188.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.17 Billion 21.21%
Common Stock CN¥1.07 Billion 19.34%
Other Comprehensive Income CN¥184.12 Million 3.34%
Other Components CN¥3.09 Billion 56.11%
Total Equity CN¥5.51 Billion 100.00%

Zhejiang DunAn Artificial Environment Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang DunAn Artificial Environment Co Ltd ranked by their market capitalization.

Company Market Cap
Deterra Royalties Limited
PINK:DETRF
 		$915.11 Million
Atacadão S.A
SA:CRFB3
 		$915.21 Million
TAIKISHA LTD
F:75L
 		$915.31 Million
Voltalia SA
PINK:VLTAF
 		$915.32 Million
Advanced Energy Solution Holding Co. Ltd
TW:6781
 		$914.66 Million
Guangdong Sky Dragon Printing Ink Group Co Ltd
SHE:300063
 		$914.41 Million
UWM Holdings Corp
NYSE:UWMC
 		$914.26 Million
Gree Real Estate Co Ltd
SHG:600185
 		$913.60 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,417,310,362 to 5,509,483,365, a change of 1,092,173,003 (24.7%).
  • Net income of 1,044,887,309 contributed positively to equity growth.
  • Dividend payments of 49,173,943 reduced retained earnings.
  • Other comprehensive income decreased equity by 10,943,119.
  • Other factors increased equity by 107,402,756.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.04 Billion +18.97%
Dividends Paid CN¥49.17 Million -0.89%
Other Comprehensive Income CN¥-10.94 Million -0.2%
Other Changes CN¥107.40 Million +1.95%
Total Change CN¥- 24.72%

Book Value vs Market Value Analysis

This analysis compares Zhejiang DunAn Artificial Environment 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: 2.54x
  • 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 280.19x to 2.54x 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¥0.05 CN¥13.25 x
2002-12-31 CN¥0.07 CN¥13.25 x
2003-12-31 CN¥0.12 CN¥13.25 x
2004-12-31 CN¥0.50 CN¥13.25 x
2005-12-31 CN¥0.51 CN¥13.25 x
2006-12-31 CN¥0.62 CN¥13.25 x
2007-12-31 CN¥1.73 CN¥13.25 x
2008-12-31 CN¥1.66 CN¥13.25 x
2009-12-31 CN¥2.83 CN¥13.25 x
2010-12-31 CN¥2.51 CN¥13.25 x
2011-12-31 CN¥3.86 CN¥13.25 x
2012-12-31 CN¥3.78 CN¥13.25 x
2013-12-31 CN¥3.99 CN¥13.25 x
2014-12-31 CN¥4.15 CN¥13.25 x
2015-12-31 CN¥4.51 CN¥13.25 x
2016-12-31 CN¥4.83 CN¥13.25 x
2017-12-31 CN¥4.76 CN¥13.25 x
2018-12-31 CN¥2.41 CN¥13.25 x
2019-12-31 CN¥2.60 CN¥13.25 x
2020-12-31 CN¥1.49 CN¥13.25 x
2021-12-31 CN¥1.89 CN¥13.25 x
2022-12-31 CN¥3.98 CN¥13.25 x
2023-12-31 CN¥4.19 CN¥13.25 x
2024-12-31 CN¥5.22 CN¥13.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang DunAn Artificial Environment 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): 18.97%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.24%
  • • Asset Turnover: 1.04x
  • • Equity Multiplier: 2.21x
  • Recent ROE (18.97%) is above the historical average (4.81%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 28.90% 10.38% 0.78x 3.58x CN¥8.21 Million
2002 33.04% 12.24% 0.96x 2.82x CN¥14.96 Million
2003 28.45% 10.97% 1.08x 2.40x CN¥16.74 Million
2004 4.66% 9.15% 0.40x 1.27x CN¥-21.05 Million
2005 5.04% 8.72% 0.38x 1.53x CN¥-19.61 Million
2006 15.27% 4.11% 2.44x 1.52x CN¥20.94 Million
2007 14.49% 6.73% 1.10x 1.96x CN¥50.06 Million
2008 14.00% 6.14% 1.17x 1.95x CN¥42.80 Million
2009 8.45% 7.03% 0.73x 1.64x CN¥-29.43 Million
2010 11.65% 5.90% 0.71x 2.79x CN¥30.94 Million
2011 9.90% 5.85% 0.67x 2.54x CN¥-2.83 Million
2012 9.26% 3.93% 0.75x 3.15x CN¥-23.92 Million
2013 6.27% 3.28% 0.68x 2.81x CN¥-126.29 Million
2014 3.61% 1.91% 0.63x 2.98x CN¥-223.21 Million
2015 2.22% 1.40% 0.57x 2.80x CN¥-288.26 Million
2016 1.86% 1.42% 0.49x 2.65x CN¥-362.18 Million
2017 2.10% 1.11% 0.60x 3.16x CN¥-347.30 Million
2018 -97.93% -23.05% 0.91x 4.65x CN¥-2.39 Billion
2019 5.51% 1.45% 1.04x 3.65x CN¥-106.82 Million
2020 -73.18% -13.55% 0.87x 6.22x CN¥-1.14 Billion
2021 23.36% 4.12% 1.19x 4.76x CN¥231.82 Million
2022 22.87% 8.17% 1.25x 2.24x CN¥469.36 Million
2023 16.71% 6.48% 1.06x 2.44x CN¥296.31 Million
2024 18.97% 8.24% 1.04x 2.21x CN¥493.94 Million

Industry Comparison

This section compares Zhejiang DunAn Artificial Environment Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,756,582,101
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang DunAn Artificial Environment Co Ltd (002011) CN¥6.34 Billion 28.90% 0.86x $914.74 Million
Huayi Compressor Co Ltd (000404) $4.62 Billion 6.27% 1.54x $442.00 Million
Shenyang Machine Tool Co Ltd (000410) $1.64 Billion 1.42% 7.02x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.01 Billion 5.39% 0.56x $1.99 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $253.05 Million 8.02% 1.40x $521.27 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $2.55 Billion 0.37% 0.97x $25.43 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $534.59 Million
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.02 Billion
J.S. Corrugating Machinery Co Ltd (000821) $4.26 Billion 10.07% 2.30x $779.89 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.87 Billion 7.25% 1.03x $897.36 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $316.43 Million 11.36% 5.88x $460.99 Million