Zhejiang Jiangshan Chemical Co Ltd Net Assets
Zhejiang Jiangshan Chemical Co Ltd net assets. 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. Also explore 002061 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Zhejiang Jiangshan Chemical Co Ltd (2003–2024)
Net assets of Zhejiang Jiangshan Chemical Co Ltd from 2003 to 2024. This chart illustrates how Zhejiang Jiangshan Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Jiangshan Chemical Co Ltd (002061) balance sheet quality index to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see market value of Zhejiang Jiangshan Chemical Co Ltd.
| 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.
Zhejiang Jiangshan Chemical Co Ltd Net Assets Breakdown (December 2024)
Zhejiang Jiangshan Chemical Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Yihai International Holding Ltd
F:YIR
|
$1.30 Billion |
|
AcadeMedia AB (publ)
ST:ACAD
|
$1.30 Billion |
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
$1.30 Billion |
|
Scientech Corp
TW:3583
|
$1.30 Billion |
|
Hangzhou DPtech Technologies Co Ltd
SHE:300768
|
$1.29 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
$1.29 Billion |
|
Suzhou Anjie Technology Co Ltd
SHE:002635
|
$1.29 Billion |
|
Wuxi Best Precision Machinery Co Ltd
SHE:300580
|
$1.29 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: 0.57x
- 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 3.24x to 0.57x 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¥3.31 | x |
| 2004-12-31 | CN¥1.00 | CN¥3.31 | x |
| 2005-12-31 | CN¥1.18 | CN¥3.31 | x |
| 2006-12-31 | CN¥1.57 | CN¥3.31 | x |
| 2007-12-31 | CN¥1.33 | CN¥3.31 | x |
| 2008-12-31 | CN¥1.04 | CN¥3.31 | x |
| 2009-12-31 | CN¥1.24 | CN¥3.31 | x |
| 2010-12-31 | CN¥1.36 | CN¥3.31 | x |
| 2011-12-31 | CN¥1.28 | CN¥3.31 | x |
| 2012-12-31 | CN¥1.57 | CN¥3.31 | x |
| 2013-12-31 | CN¥2.12 | CN¥3.31 | x |
| 2014-12-31 | CN¥1.68 | CN¥3.31 | x |
| 2015-12-31 | CN¥1.14 | CN¥3.31 | x |
| 2016-12-31 | CN¥0.96 | CN¥3.31 | x |
| 2017-12-31 | CN¥3.03 | CN¥3.31 | x |
| 2018-12-31 | CN¥3.82 | CN¥3.31 | x |
| 2019-12-31 | CN¥4.01 | CN¥3.31 | x |
| 2020-12-31 | CN¥3.84 | CN¥3.31 | x |
| 2021-12-31 | CN¥3.90 | CN¥3.31 | x |
| 2022-12-31 | CN¥5.62 | CN¥3.31 | x |
| 2023-12-31 | CN¥5.48 | CN¥3.31 | x |
| 2024-12-31 | CN¥5.79 | CN¥3.31 | 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: $2,211,197,694
- Average return on equity (ROE) among peers: 3.57%
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 | $1.30 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $753.73 Million | 6.17% | 4.69x | $185.05 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $1.67 Billion | 2.23% | 0.31x | $1.98 Billion |
| NORINCO International Cooperation Ltd (000065) | $448.75 Million | 8.04% | 3.92x | $1.67 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $6.20 Billion | 6.34% | 1.67x | $861.29 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $8.25 Billion | 7.27% | 2.89x | $1.43 Billion |
| Jinyuan Cement Co Ltd (000546) | $237.19 Million | 4.13% | 2.04x | $435.83 Million |
| Hunan Investment Group Co Ltd (000548) | $1.63 Billion | 7.98% | 0.27x | $318.50 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $138.38 Million | 14.73% | 16.59x | $2.06 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $274.69 Million | -12.10% | 0.41x | $536.67 Million |
| Hainan Expressway Co Ltd (000886) | $2.50 Billion | -9.06% | 0.24x | $583.13 Million |
About Zhejiang Jiangshan Chemical Co Ltd
Zhejiang Communications Technology Co., Ltd. engages in infrastructure engineering business in China. It is involved in the investment, designing, construction, maintenance, and engineering project consulting and management of transportation infrastructure, such as roads, bridges, tunnels, rail transit, ports and docks, underground projects, etc. The company also engages in municipal projects, su… Read more