Zhejiang Jiangshan Chemical Co Ltd (002061) - Net Assets

Latest as of September 2025: CN¥19.12 Billion CNY ≈ $2.80 Billion USD

Based on the latest financial reports, Zhejiang Jiangshan Chemical Co Ltd (002061) has net assets worth CN¥19.12 Billion CNY (≈ $2.80 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥79.75 Billion ≈ $11.67 Billion USD) and total liabilities (CN¥60.64 Billion ≈ $8.87 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 Zhejiang Jiangshan Chemical Co Ltd (002061) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥19.12 Billion
% of Total Assets	23.97%
Annual Growth Rate	23.42%
5-Year Change	79.12%
10-Year Change	1846.73%
Growth Volatility	58.22

Zhejiang Jiangshan Chemical Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Zhejiang Jiangshan Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002061 total assets for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang Jiangshan Chemical Co Ltd (2003–2024)

The table below shows the annual net assets of Zhejiang Jiangshan Chemical Co Ltd from 2003 to 2024. For live valuation and market cap data, see Zhejiang Jiangshan Chemical Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥17.14 Billion ≈ $2.51 Billion	+14.02%
2023-12-31	CN¥15.03 Billion ≈ $2.20 Billion	+8.22%
2022-12-31	CN¥13.89 Billion ≈ $2.03 Billion	+33.64%
2021-12-31	CN¥10.40 Billion ≈ $1.52 Billion	+8.63%
2020-12-31	CN¥9.57 Billion ≈ $1.40 Billion	+12.40%
2019-12-31	CN¥8.51 Billion ≈ $1.25 Billion	+13.43%
2018-12-31	CN¥7.51 Billion ≈ $1.10 Billion	+35.57%
2017-12-31	CN¥5.54 Billion ≈ $810.21 Million	+244.08%
2016-12-31	CN¥1.61 Billion ≈ $235.47 Million	+82.75%
2015-12-31	CN¥880.55 Million ≈ $128.85 Million	-17.23%
2014-12-31	CN¥1.06 Billion ≈ $155.68 Million	-14.14%
2013-12-31	CN¥1.24 Billion ≈ $181.33 Million	+106.01%
2012-12-31	CN¥601.51 Million ≈ $88.02 Million	+3.48%
2011-12-31	CN¥581.30 Million ≈ $85.06 Million	-7.72%
2010-12-31	CN¥629.96 Million ≈ $92.18 Million	+11.14%
2009-12-31	CN¥566.84 Million ≈ $82.95 Million	+15.37%
2008-12-31	CN¥491.34 Million ≈ $71.90 Million	-10.16%
2007-12-31	CN¥546.92 Million ≈ $80.03 Million	+8.38%
2006-12-31	CN¥504.63 Million ≈ $73.84 Million	+100.80%
2005-12-31	CN¥251.31 Million ≈ $36.77 Million	+24.70%
2004-12-31	CN¥201.53 Million ≈ $29.49 Million	-2.33%
2003-12-31	CN¥206.33 Million ≈ $30.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Jiangshan Chemical 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 20114.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥7.62 Billion	50.17%
Common Stock	CN¥2.60 Billion	17.12%
Other Components	CN¥4.97 Billion	32.71%
Total Equity	CN¥15.18 Billion	100.00%

Zhejiang Jiangshan Chemical Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Jiangshan Chemical Co Ltd ranked by their market capitalization.

Company	Market Cap
Hefei Jianghang Aircraft Equipment Corporation Ltd SHG:688586	$1.52 Billion
Jiangxi Fushine Pharmaceutical Co Ltd SHE:300497	$1.52 Billion
NRW Holdings Limited F:3NR	$1.52 Billion
CBIZ Inc NYSE:CBZ	$1.52 Billion
Beijing Hotgen Biotech Co Ltd SHG:688068	$1.52 Billion
dentalcorp Holdings Ltd TO:DNTL	$1.52 Billion
Encore Capital Group Inc NASDAQ:ECPG	$1.52 Billion
PHARVARIS N.V. EO -12 F:9EN	$1.52 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 14,195,195,279 to 15,181,775,000, a change of 986,579,721 (7.0%).
Net income of 1,310,029,342 contributed positively to equity growth.
Dividend payments of 764,047,158 reduced retained earnings.
Other factors increased equity by 440,597,537.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.31 Billion	+8.63%
Dividends Paid	CN¥764.05 Million	-5.03%
Other Changes	CN¥440.60 Million	+2.9%
Total Change	CN¥-	6.95%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Jiangshan Chemical 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: 0.67x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 3.81x to 0.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	CN¥1.02	CN¥3.89	x
2004-12-31	CN¥1.00	CN¥3.89	x
2005-12-31	CN¥1.18	CN¥3.89	x
2006-12-31	CN¥1.57	CN¥3.89	x
2007-12-31	CN¥1.33	CN¥3.89	x
2008-12-31	CN¥1.04	CN¥3.89	x
2009-12-31	CN¥1.24	CN¥3.89	x
2010-12-31	CN¥1.36	CN¥3.89	x
2011-12-31	CN¥1.28	CN¥3.89	x
2012-12-31	CN¥1.57	CN¥3.89	x
2013-12-31	CN¥2.12	CN¥3.89	x
2014-12-31	CN¥1.68	CN¥3.89	x
2015-12-31	CN¥1.14	CN¥3.89	x
2016-12-31	CN¥0.96	CN¥3.89	x
2017-12-31	CN¥3.03	CN¥3.89	x
2018-12-31	CN¥3.82	CN¥3.89	x
2019-12-31	CN¥4.01	CN¥3.89	x
2020-12-31	CN¥3.84	CN¥3.89	x
2021-12-31	CN¥3.90	CN¥3.89	x
2022-12-31	CN¥5.62	CN¥3.89	x
2023-12-31	CN¥5.48	CN¥3.89	x
2024-12-31	CN¥5.79	CN¥3.89	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Jiangshan Chemical 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): 8.63%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.74%
• Asset Turnover: 0.61x
• Equity Multiplier: 5.18x
Recent ROE (8.63%) is below the historical average (8.99%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	20.42%	10.73%	0.67x	2.85x	CN¥21.43 Million
2004	22.87%	7.44%	0.88x	3.49x	CN¥25.94 Million
2005	14.32%	4.40%	1.01x	3.22x	CN¥10.25 Million
2006	16.53%	8.36%	1.03x	1.93x	CN¥32.03 Million
2007	14.18%	6.56%	1.00x	2.17x	CN¥21.26 Million
2008	-13.37%	-4.64%	0.99x	2.91x	CN¥-94.13 Million
2009	14.74%	5.88%	0.72x	3.49x	CN¥22.40 Million
2010	9.69%	3.72%	0.77x	3.37x	CN¥-1.61 Million
2011	1.43%	0.43%	0.93x	3.62x	CN¥-45.54 Million
2012	11.89%	4.06%	0.82x	3.55x	CN¥11.37 Million
2013	2.36%	1.92%	0.56x	2.19x	CN¥-94.71 Million
2014	-14.88%	-6.66%	0.86x	2.61x	CN¥-264.72 Million
2015	-30.11%	-8.89%	1.18x	2.87x	CN¥-353.20 Million
2016	29.14%	3.18%	3.14x	2.92x	CN¥308.06 Million
2017	20.49%	5.33%	0.81x	4.73x	CN¥567.03 Million
2018	17.02%	4.60%	0.87x	4.23x	CN¥500.37 Million
2019	9.35%	2.66%	0.80x	4.38x	CN¥-50.03 Million
2020	11.54%	2.76%	0.87x	4.79x	CN¥133.06 Million
2021	10.25%	2.10%	0.87x	5.58x	CN¥23.79 Million
2022	11.77%	3.34%	0.80x	4.42x	CN¥233.90 Million
2023	9.49%	2.93%	0.66x	4.89x	CN¥-71.97 Million
2024	8.63%	2.74%	0.61x	5.18x	CN¥-208.15 Million

Industry Comparison

This section compares Zhejiang Jiangshan Chemical Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $3,463,807,177
Average return on equity (ROE) among peers: -7.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Jiangshan Chemical Co Ltd (002061)	CN¥19.12 Billion	20.42%	3.17x	$1.52 Billion
Shenzhen Ecobeauty Co Ltd (000010)	$141.82 Million	9.21%	1.39x	$486.19 Million
Shenzhen Sed Industry Co Ltd (000032)	$869.50 Million	3.13%	0.81x	$3.08 Billion
NORINCO International Cooperation Ltd (000065)	$536.55 Million	10.55%	3.36x	$2.17 Billion
Shenzhen Tagen Group Co Ltd (000090)	$15.02 Billion	4.13%	3.25x	$962.46 Million
Shandong Hi-Speed Road&Bridge (000498)	$12.89 Billion	10.38%	3.27x	$1.26 Billion
Jinyuan Cement Co Ltd (000546)	$175.97 Million	11.17%	1.41x	$878.49 Million
Hunan Investment Group Co Ltd (000548)	$1.50 Billion	0.71%	0.30x	$389.36 Million
ChengDu Hi-Tech Development Co Ltd (000628)	$419.24 Million	-38.00%	3.15x	$3.41 Billion
Gansu Engineering Consulting Group Co Ltd (000779)	$413.25 Million	-88.03%	0.77x	$602.65 Million
Hainan Expressway Co Ltd (000886)	$2.66 Billion	3.54%	0.19x	$800.17 Million

About Zhejiang Jiangshan Chemical Co Ltd

SHE:002061 China Engineering & Construction

Market Cap

$1.52 Billion

CN¥10.40 Billion CNY

Market Cap Rank

#7324 Global

#1743 in China

Share Price

CN¥3.89

Change (1 day)

+0.00%

52-Week Range

CN¥3.72 - CN¥4.38

All Time High

CN¥48.09