Zoje Resources Investment Co Ltd (002021) - Net Assets

Latest as of March 2026: CN¥617.21 Million CNY ≈ $90.32 Million USD

Based on the latest financial reports, Zoje Resources Investment Co Ltd (002021) has net assets worth CN¥617.21 Million CNY (≈ $90.32 Million 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¥887.80 Million ≈ $129.91 Million USD) and total liabilities (CN¥270.58 Million ≈ $39.60 Million 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 002021 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥617.21 Million
% of Total Assets	69.52%
Annual Growth Rate	9.75%
5-Year Change	432.71%
10-Year Change	-40.16%
Growth Volatility	90.91

Zoje Resources Investment Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Zoje Resources Investment Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Zoje Resources Investment Co Ltd market capitalisation.

Annual Net Assets for Zoje Resources Investment Co Ltd (2001–2025)

The table below shows the annual net assets of Zoje Resources Investment Co Ltd from 2001 to 2025. Also explore Zoje Resources Investment Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥621.85 Million ≈ $91.00 Million	-2.35%
2024-12-31	CN¥636.82 Million ≈ $93.19 Million	+2.26%
2023-12-31	CN¥622.73 Million ≈ $91.13 Million	+312.77%
2022-12-31	CN¥-292.67 Million ≈ $-42.83 Million	-350.72%
2021-12-31	CN¥116.73 Million ≈ $17.08 Million	-81.48%
2020-12-31	CN¥630.40 Million ≈ $92.25 Million	-11.06%
2019-12-31	CN¥708.76 Million ≈ $103.71 Million	+1.38%
2018-12-31	CN¥699.09 Million ≈ $102.30 Million	-26.03%
2017-12-31	CN¥945.14 Million ≈ $138.30 Million	-9.06%
2016-12-31	CN¥1.04 Billion ≈ $152.07 Million	+0.90%
2015-12-31	CN¥1.03 Billion ≈ $150.71 Million	-33.28%
2014-12-31	CN¥1.54 Billion ≈ $225.88 Million	+39.29%
2013-12-31	CN¥1.11 Billion ≈ $162.17 Million	+2.58%
2012-12-31	CN¥1.08 Billion ≈ $158.10 Million	+1.15%
2011-12-31	CN¥1.07 Billion ≈ $156.30 Million	+13.83%
2010-12-31	CN¥938.32 Million ≈ $137.31 Million	+6.82%
2009-12-31	CN¥878.43 Million ≈ $128.54 Million	-10.62%
2008-12-31	CN¥982.82 Million ≈ $143.82 Million	+2.37%
2007-12-31	CN¥960.07 Million ≈ $140.49 Million	+93.96%
2006-12-31	CN¥494.98 Million ≈ $72.43 Million	+9.35%
2005-12-31	CN¥452.67 Million ≈ $66.24 Million	+10.30%
2004-12-31	CN¥410.39 Million ≈ $60.05 Million	+209.72%
2003-12-31	CN¥132.50 Million ≈ $19.39 Million	+30.56%
2002-12-31	CN¥101.49 Million ≈ $14.85 Million	+52.06%
2001-12-31	CN¥66.74 Million ≈ $9.77 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zoje Resources Investment 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 decreased by 21639.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥1.53 Billion	247.98%
Total Equity	CN¥617.95 Million	100.00%

Zoje Resources Investment Co Ltd Competitors by Market Cap

The table below lists competitors of Zoje Resources Investment Co Ltd ranked by their market capitalization.

Company	Market Cap
Prothena Corporation plc NASDAQ:PRTA	$461.86 Million
Keck Seng Malaysia Bhd KLSE:3476	$461.87 Million
Zenitron Corp TW:3028	$461.92 Million
Zhengyuan Geomatics Group Co Ltd SHG:688509	$461.97 Million
Doright Co.Ltd. SHE:300950	$461.80 Million
Guoanda Co Ltd SHE:300902	$461.57 Million
Citi Trends Inc NASDAQ:CTRN	$461.39 Million
BEH Property Co Ltd SHG:600791	$461.24 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 632,878,613 to 617,952,775, a change of -14,925,838 (-2.4%).
Net loss of 3,660,990 reduced equity.
Dividend payments of 200,254 reduced retained earnings.
Other comprehensive income decreased equity by 30,553,274.
Other factors increased equity by 19,488,681.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-3.66 Million	-0.59%
Dividends Paid	CN¥200.25K	-0.03%
Other Comprehensive Income	CN¥-30.55 Million	-4.94%
Other Changes	CN¥19.49 Million	+3.15%
Total Change	CN¥-	-2.36%

Book Value vs Market Value Analysis

This analysis compares Zoje Resources Investment 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: 5.11x
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 20.59x to 5.11x 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¥2.64	x
2002-12-31	CN¥0.20	CN¥2.64	x
2003-12-31	CN¥0.25	CN¥2.64	x
2004-12-31	CN¥0.80	CN¥2.64	x
2005-12-31	CN¥0.85	CN¥2.64	x
2006-12-31	CN¥1.12	CN¥2.64	x
2007-12-31	CN¥1.82	CN¥2.64	x
2008-12-31	CN¥2.15	CN¥2.64	x
2009-12-31	CN¥1.42	CN¥2.64	x
2010-12-31	CN¥1.50	CN¥2.64	x
2011-12-31	CN¥1.61	CN¥2.64	x
2012-12-31	CN¥1.69	CN¥2.64	x
2013-12-31	CN¥0.92	CN¥2.64	x
2014-12-31	CN¥1.38	CN¥2.64	x
2015-12-31	CN¥0.84	CN¥2.64	x
2016-12-31	CN¥0.75	CN¥2.64	x
2017-12-31	CN¥0.80	CN¥2.64	x
2018-12-31	CN¥0.57	CN¥2.64	x
2019-12-31	CN¥0.39	CN¥2.64	x
2020-12-31	CN¥0.50	CN¥2.64	x
2021-12-31	CN¥0.09	CN¥2.64	x
2022-12-31	CN¥-0.25	CN¥2.64	x
2023-12-31	CN¥0.51	CN¥2.64	x
2024-12-31	CN¥0.53	CN¥2.64	x
2025-12-31	CN¥0.52	CN¥2.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zoje Resources Investment 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): -0.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.44%
• Asset Turnover: 0.91x
• Equity Multiplier: 1.49x
Recent ROE (-0.59%) is above the historical average (-12.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	36.07%	10.41%	1.06x	3.27x	CN¥17.00 Million
2002	34.40%	10.97%	1.01x	3.10x	CN¥24.24 Million
2003	23.08%	8.11%	0.88x	3.22x	CN¥16.89 Million
2004	8.60%	7.30%	0.51x	2.30x	CN¥-5.68 Million
2005	12.78%	8.07%	0.57x	2.77x	CN¥12.02 Million
2006	15.06%	9.38%	0.69x	2.33x	CN¥24.07 Million
2007	7.51%	8.65%	0.51x	1.71x	CN¥-23.74 Million
2008	0.72%	1.29%	0.32x	1.74x	CN¥-88.24 Million
2009	-10.28%	-18.34%	0.24x	2.37x	CN¥-170.07 Million
2010	5.66%	4.84%	0.44x	2.65x	CN¥-38.37 Million
2011	7.45%	5.47%	0.49x	2.75x	CN¥-24.19 Million
2012	2.10%	1.85%	0.37x	3.05x	CN¥-75.65 Million
2013	4.32%	3.04%	0.42x	3.37x	CN¥-55.68 Million
2014	0.21%	0.25%	0.30x	2.85x	CN¥-139.98 Million
2015	-42.06%	-58.08%	0.45x	1.62x	CN¥-529.79 Million
2016	1.51%	2.41%	0.37x	1.70x	CN¥-87.40 Million
2017	-9.95%	-9.30%	0.57x	1.88x	CN¥-186.89 Million
2018	-34.02%	-20.84%	0.85x	1.93x	CN¥-307.73 Million
2019	1.45%	1.45%	0.61x	1.64x	CN¥-60.62 Million
2020	-12.46%	-14.95%	0.61x	1.37x	CN¥-141.59 Million
2021	-460.27%	-53.93%	0.65x	13.04x	CN¥-528.57 Million
2022	0.00%	-46.89%	0.64x	0.00x	CN¥-379.76 Million
2023	96.22%	82.80%	0.44x	2.63x	CN¥532.84 Million
2024	2.79%	1.93%	0.93x	1.55x	CN¥-45.60 Million
2025	-0.59%	-0.44%	0.91x	1.49x	CN¥-65.46 Million

Industry Comparison

This section compares Zoje Resources Investment 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: $916,926,324
Average return on equity (ROE) among peers: 3.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zoje Resources Investment Co Ltd (002021)	CN¥617.21 Million	36.07%	0.44x	$461.83 Million
Huayi Compressor Co Ltd (000404)	$1.12 Billion	9.22%	3.23x	$700.70 Million
Shenyang Machine Tool Co Ltd (000410)	$1.55 Billion	9.14%	5.77x	$2.16 Billion
North Industries Group Red Arrow Co Ltd (000519)	$137.29 Million	0.92%	0.66x	$3.14 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$1.06 Billion	6.63%	0.45x	$457.86 Million
Changchai Co Ltd (000570)	$376.02 Million	53.26%	1.68x	$427.72 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$1.12 Billion	-70.12%	3.14x	$32.29 Million
Baota Industry Co Ltd (000595)	$434.81 Million	0.07%	1.59x	$878.09 Million
SUFA Technology Industry Co Ltd CNNC (000777)	$2.00 Billion	11.10%	0.64x	$938.65 Million
J.S. Corrugating Machinery Co Ltd (000821)	$738.00 Million	11.68%	0.18x	$683.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$637.23 Million	7.17%	0.71x	$1.45 Billion

About Zoje Resources Investment Co Ltd

SHE:002021 China Specialty Industrial Machinery

Market Cap

$461.83 Million

CN¥3.16 Billion CNY

Market Cap Rank

#12778 Global

#3771 in China

Share Price

CN¥2.64

Change (1 day)

-0.75%

52-Week Range

CN¥2.19 - CN¥3.77

All Time High

CN¥24.90