Zhejiang Sanhua Co Ltd (002050) - Net Assets
Based on the latest financial reports, Zhejiang Sanhua Co Ltd (002050) has net assets worth CN¥32.70 Billion CNY (≈ $4.79 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥49.59 Billion ≈ $7.26 Billion USD) and total liabilities (CN¥16.89 Billion ≈ $2.47 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 002050 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥32.70 Billion |
| % of Total Assets | 65.95% |
| Annual Growth Rate | 28.65% |
| 5-Year Change | 190.64% |
| 10-Year Change | 451.42% |
| Growth Volatility | 42.97 |
Zhejiang Sanhua Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Zhejiang Sanhua Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Sanhua Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Sanhua Co Ltd (2002–2025)
The table below shows the annual net assets of Zhejiang Sanhua Co Ltd from 2002 to 2025. For live valuation and market cap data, see market value of Zhejiang Sanhua Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥32.70 Billion ≈ $4.79 Billion |
+67.55% |
| 2024-12-31 | CN¥19.52 Billion ≈ $2.86 Billion |
+8.06% |
| 2023-12-31 | CN¥18.06 Billion ≈ $2.64 Billion |
+37.69% |
| 2022-12-31 | CN¥13.12 Billion ≈ $1.92 Billion |
+16.59% |
| 2021-12-31 | CN¥11.25 Billion ≈ $1.65 Billion |
+10.83% |
| 2020-12-31 | CN¥10.15 Billion ≈ $1.49 Billion |
+8.41% |
| 2019-12-31 | CN¥9.37 Billion ≈ $1.37 Billion |
+7.54% |
| 2018-12-31 | CN¥8.71 Billion ≈ $1.27 Billion |
+9.88% |
| 2017-12-31 | CN¥7.93 Billion ≈ $1.16 Billion |
+33.63% |
| 2016-12-31 | CN¥5.93 Billion ≈ $867.88 Million |
+26.52% |
| 2015-12-31 | CN¥4.69 Billion ≈ $685.95 Million |
+25.20% |
| 2014-12-31 | CN¥3.74 Billion ≈ $547.87 Million |
+18.67% |
| 2013-12-31 | CN¥3.15 Billion ≈ $461.67 Million |
+7.65% |
| 2012-12-31 | CN¥2.93 Billion ≈ $428.85 Million |
-3.07% |
| 2011-12-31 | CN¥3.02 Billion ≈ $442.42 Million |
+11.36% |
| 2010-12-31 | CN¥2.71 Billion ≈ $397.28 Million |
+92.43% |
| 2009-12-31 | CN¥1.41 Billion ≈ $206.46 Million |
+10.35% |
| 2008-12-31 | CN¥1.28 Billion ≈ $187.09 Million |
+19.54% |
| 2007-12-31 | CN¥1.07 Billion ≈ $156.51 Million |
+158.92% |
| 2006-12-31 | CN¥413.08 Million ≈ $60.45 Million |
+6.79% |
| 2005-12-31 | CN¥386.82 Million ≈ $56.60 Million |
+153.01% |
| 2004-12-31 | CN¥152.89 Million ≈ $22.37 Million |
+28.35% |
| 2003-12-31 | CN¥119.12 Million ≈ $17.43 Million |
+19.59% |
| 2002-12-31 | CN¥99.60 Million ≈ $14.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Sanhua 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 100089.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥14.14 Billion | 44.53% |
| Common Stock | CN¥4.21 Billion | 13.25% |
| Other Comprehensive Income | CN¥1.05 Billion | 3.32% |
| Other Components | CN¥12.35 Billion | 38.89% |
| Total Equity | CN¥31.75 Billion | 100.00% |
Zhejiang Sanhua Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Sanhua Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mettler-Toledo International Inc
NYSE:MTD
|
$25.66 Billion |
|
Hyundai Mobis Co.,Ltd
KO:012330
|
$25.72 Billion |
|
BeiGene Ltd.
F:49B
|
$25.73 Billion |
|
Givaudan SA
SW:GIVN
|
$25.74 Billion |
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SHG:600809
|
$25.59 Billion |
|
Credicorp Ltd
NYSE:BAP
|
$25.55 Billion |
|
Inner Mongolia Yili Industrial Group Co Ltd
SHG:600887
|
$25.42 Billion |
|
Sika AG
SW:SIKA
|
$25.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Sanhua Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,297,769,106 to 31,748,926,577, a change of 12,451,157,471 (64.5%).
- Net income of 4,062,891,000 contributed positively to equity growth.
- Dividend payments of 1,437,166,639 reduced retained earnings.
- Share repurchases of 313,187,549 reduced equity.
- Other comprehensive income decreased equity by 193,577,718.
- Other factors increased equity by 10,332,198,377.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.06 Billion | +12.8% |
| Dividends Paid | CN¥1.44 Billion | -4.53% |
| Share Repurchases | CN¥313.19 Million | -0.99% |
| Other Comprehensive Income | CN¥-193.58 Million | -0.61% |
| Other Changes | CN¥10.33 Billion | +32.54% |
| Total Change | CN¥- | 64.52% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Sanhua 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: 5.85x
- 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 945.74x to 5.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CN¥0.05 | CN¥46.92 | x |
| 2003-12-31 | CN¥0.06 | CN¥46.92 | x |
| 2004-12-31 | CN¥0.08 | CN¥46.92 | x |
| 2005-12-31 | CN¥0.19 | CN¥46.92 | x |
| 2006-12-31 | CN¥0.21 | CN¥46.92 | x |
| 2007-12-31 | CN¥0.42 | CN¥46.92 | x |
| 2008-12-31 | CN¥0.51 | CN¥46.92 | x |
| 2009-12-31 | CN¥0.54 | CN¥46.92 | x |
| 2010-12-31 | CN¥1.08 | CN¥46.92 | x |
| 2011-12-31 | CN¥1.05 | CN¥46.92 | x |
| 2012-12-31 | CN¥1.12 | CN¥46.92 | x |
| 2013-12-31 | CN¥1.21 | CN¥46.92 | x |
| 2014-12-31 | CN¥1.26 | CN¥46.92 | x |
| 2015-12-31 | CN¥1.55 | CN¥46.92 | x |
| 2016-12-31 | CN¥1.72 | CN¥46.92 | x |
| 2017-12-31 | CN¥2.26 | CN¥46.92 | x |
| 2018-12-31 | CN¥2.41 | CN¥46.92 | x |
| 2019-12-31 | CN¥2.61 | CN¥46.92 | x |
| 2020-12-31 | CN¥2.82 | CN¥46.92 | x |
| 2021-12-31 | CN¥3.11 | CN¥46.92 | x |
| 2022-12-31 | CN¥3.60 | CN¥46.92 | x |
| 2023-12-31 | CN¥4.96 | CN¥46.92 | x |
| 2024-12-31 | CN¥5.23 | CN¥46.92 | x |
| 2025-12-31 | CN¥8.02 | CN¥46.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Sanhua 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): 12.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.13%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.56x
- Recent ROE (12.80%) is below the historical average (15.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.53% | 12.33% | 0.69x | 1.95x | CN¥6.50 Million |
| 2003 | 23.27% | 13.00% | 0.75x | 2.39x | CN¥15.80 Million |
| 2004 | 27.52% | 11.55% | 1.04x | 2.30x | CN¥26.78 Million |
| 2005 | 11.57% | 9.07% | 0.83x | 1.54x | CN¥6.08 Million |
| 2006 | 11.17% | 7.45% | 0.86x | 1.74x | CN¥4.84 Million |
| 2007 | 5.00% | 6.22% | 0.30x | 2.65x | CN¥-49.02 Million |
| 2008 | 22.05% | 11.17% | 1.01x | 1.96x | CN¥141.05 Million |
| 2009 | 18.97% | 11.66% | 0.84x | 1.95x | CN¥112.49 Million |
| 2010 | 12.56% | 10.13% | 0.70x | 1.78x | CN¥64.20 Million |
| 2011 | 13.43% | 8.74% | 0.87x | 1.78x | CN¥93.54 Million |
| 2012 | 9.37% | 7.09% | 0.78x | 1.71x | CN¥-18.13 Million |
| 2013 | 10.30% | 6.13% | 0.80x | 2.10x | CN¥9.33 Million |
| 2014 | 15.05% | 8.55% | 0.85x | 2.06x | CN¥188.07 Million |
| 2015 | 13.01% | 9.83% | 0.77x | 1.73x | CN¥140.21 Million |
| 2016 | 16.83% | 12.94% | 0.80x | 1.62x | CN¥402.23 Million |
| 2017 | 15.69% | 12.90% | 0.78x | 1.57x | CN¥448.42 Million |
| 2018 | 14.99% | 11.93% | 0.78x | 1.62x | CN¥430.02 Million |
| 2019 | 15.30% | 12.59% | 0.76x | 1.59x | CN¥492.04 Million |
| 2020 | 14.53% | 12.07% | 0.71x | 1.70x | CN¥455.68 Million |
| 2021 | 15.10% | 10.51% | 0.68x | 2.12x | CN¥569.01 Million |
| 2022 | 19.88% | 12.05% | 0.76x | 2.16x | CN¥1.28 Billion |
| 2023 | 16.32% | 11.89% | 0.77x | 1.78x | CN¥1.13 Billion |
| 2024 | 16.06% | 11.09% | 0.77x | 1.88x | CN¥1.17 Billion |
| 2025 | 12.80% | 13.13% | 0.62x | 1.56x | CN¥888.00 Million |
Industry Comparison
This section compares Zhejiang Sanhua 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Sanhua Co Ltd (002050) | CN¥32.70 Billion | 16.53% | 0.52x | $25.62 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Zhejiang Sanhua Co Ltd
Zhejiang Sanhua Intelligent Controls Co.,Ltd engages in the research, manufacture, and sale of refrigeration and air-conditioning electrical parts, and auto parts in China and internationally. Its products include valves, four-way reversing valves, electronic and thermal expansion valves, solenoid valves, micro-channel heat exchangers, omega pumps, electronic water pumps, energy vehicle thermal m… Read more