Zoneco Group Co Ltd (002069) - Net Assets
Based on the latest financial reports, Zoneco Group Co Ltd (002069) has net assets worth CN¥53.45 Million CNY (≈ $7.82 Million 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¥2.19 Billion ≈ $321.10 Million USD) and total liabilities (CN¥2.14 Billion ≈ $313.28 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 asset resilience ratio of Zoneco Group Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥53.45 Million |
| % of Total Assets | 2.44% |
| Annual Growth Rate | -2.29% |
| 5-Year Change | 33.78% |
| 10-Year Change | -89.4% |
| Growth Volatility | 61.62 |
Zoneco Group Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Zoneco Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002069 asset base for the complete picture of this company's asset base.
Annual Net Assets for Zoneco Group Co Ltd (2003–2024)
The table below shows the annual net assets of Zoneco Group Co Ltd from 2003 to 2024. For live valuation and market cap data, see 002069 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥96.28 Million ≈ $14.09 Million |
-24.01% |
| 2023-12-31 | CN¥126.69 Million ≈ $18.54 Million |
+0.81% |
| 2022-12-31 | CN¥125.68 Million ≈ $18.39 Million |
+37.71% |
| 2021-12-31 | CN¥91.26 Million ≈ $13.35 Million |
+26.81% |
| 2020-12-31 | CN¥71.97 Million ≈ $10.53 Million |
+20.00% |
| 2019-12-31 | CN¥59.97 Million ≈ $8.78 Million |
-86.41% |
| 2018-12-31 | CN¥441.38 Million ≈ $64.59 Million |
+9.47% |
| 2017-12-31 | CN¥403.19 Million ≈ $59.00 Million |
-50.41% |
| 2016-12-31 | CN¥813.07 Million ≈ $118.98 Million |
-10.47% |
| 2015-12-31 | CN¥908.19 Million ≈ $132.90 Million |
-21.48% |
| 2014-12-31 | CN¥1.16 Billion ≈ $169.24 Million |
-52.62% |
| 2013-12-31 | CN¥2.44 Billion ≈ $357.23 Million |
-4.54% |
| 2012-12-31 | CN¥2.56 Billion ≈ $374.23 Million |
-5.92% |
| 2011-12-31 | CN¥2.72 Billion ≈ $397.80 Million |
+60.76% |
| 2010-12-31 | CN¥1.69 Billion ≈ $247.45 Million |
+22.23% |
| 2009-12-31 | CN¥1.38 Billion ≈ $202.44 Million |
+9.20% |
| 2008-12-31 | CN¥1.27 Billion ≈ $185.38 Million |
+9.30% |
| 2007-12-31 | CN¥1.16 Billion ≈ $169.61 Million |
+8.54% |
| 2006-12-31 | CN¥1.07 Billion ≈ $156.27 Million |
+241.66% |
| 2005-12-31 | CN¥312.56 Million ≈ $45.74 Million |
+55.57% |
| 2004-12-31 | CN¥200.91 Million ≈ $29.40 Million |
+28.26% |
| 2003-12-31 | CN¥156.64 Million ≈ $22.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zoneco Group 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 4320.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥711.11 Million | 1375.71% |
| Other Comprehensive Income | CN¥456.27 Million | 882.71% |
| Other Components | CN¥804.24 Million | 1555.87% |
| Total Equity | CN¥51.69 Million | 100.00% |
Zoneco Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zoneco Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enanta Pharmaceuticals Inc
NASDAQ:ENTA
|
$404.82 Million |
|
Lifestyle Communities Ltd
AU:LIC
|
$404.85 Million |
|
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
SHE:002388
|
$405.04 Million |
|
Shihlin Paper Corp
TW:1903
|
$405.13 Million |
|
Zhejiang Double Arrow Rubber Co Ltd
SHE:002381
|
$404.72 Million |
|
Wuxi Lihu Corporation Limited Class A
SHE:300694
|
$404.68 Million |
|
XiAn Global Printing Co Ltd
SHE:002799
|
$404.63 Million |
|
Zuming Bean Products Co Ltd
SHE:003030
|
$404.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zoneco Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,051,240 to 51,690,461, a change of -26,360,779 (-33.8%).
- Net loss of 21,912,616 reduced equity.
- Dividend payments of 69,590,538 reduced retained earnings.
- Other comprehensive income decreased equity by 4,448,157.
- Other factors increased equity by 69,590,532.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-21.91 Million | -42.39% |
| Dividends Paid | CN¥69.59 Million | -134.63% |
| Other Comprehensive Income | CN¥-4.45 Million | -8.61% |
| Other Changes | CN¥69.59 Million | +134.63% |
| Total Change | CN¥- | -33.77% |
Book Value vs Market Value Analysis
This analysis compares Zoneco Group 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: 53.54x
- 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 increased from 12.73x to 53.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.31 | CN¥3.89 | x |
| 2004-12-31 | CN¥0.39 | CN¥3.89 | x |
| 2005-12-31 | CN¥0.61 | CN¥3.89 | x |
| 2006-12-31 | CN¥1.94 | CN¥3.89 | x |
| 2007-12-31 | CN¥1.70 | CN¥3.89 | x |
| 2008-12-31 | CN¥1.83 | CN¥3.89 | x |
| 2009-12-31 | CN¥2.04 | CN¥3.89 | x |
| 2010-12-31 | CN¥2.47 | CN¥3.89 | x |
| 2011-12-31 | CN¥3.87 | CN¥3.89 | x |
| 2012-12-31 | CN¥3.57 | CN¥3.89 | x |
| 2013-12-31 | CN¥3.49 | CN¥3.89 | x |
| 2014-12-31 | CN¥1.59 | CN¥3.89 | x |
| 2015-12-31 | CN¥1.24 | CN¥3.89 | x |
| 2016-12-31 | CN¥1.10 | CN¥3.89 | x |
| 2017-12-31 | CN¥0.49 | CN¥3.89 | x |
| 2018-12-31 | CN¥0.54 | CN¥3.89 | x |
| 2019-12-31 | CN¥0.00 | CN¥3.89 | x |
| 2020-12-31 | CN¥0.02 | CN¥3.89 | x |
| 2021-12-31 | CN¥0.06 | CN¥3.89 | x |
| 2022-12-31 | CN¥0.09 | CN¥3.89 | x |
| 2023-12-31 | CN¥0.11 | CN¥3.89 | x |
| 2024-12-31 | CN¥0.07 | CN¥3.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zoneco Group 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): -42.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.38%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 43.90x
- Recent ROE (-42.39%) is above the historical average (-1068.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 22.92% | 12.05% | 0.78x | 2.44x | CN¥19.98 Million |
| 2004 | 36.35% | 19.74% | 0.73x | 2.53x | CN¥52.40 Million |
| 2005 | 48.38% | 28.99% | 0.70x | 2.40x | CN¥119.18 Million |
| 2006 | 15.67% | 26.20% | 0.52x | 1.16x | CN¥60.45 Million |
| 2007 | 14.47% | 26.15% | 0.41x | 1.36x | CN¥51.81 Million |
| 2008 | 10.02% | 12.44% | 0.55x | 1.46x | CN¥190.41K |
| 2009 | 15.00% | 13.66% | 0.66x | 1.66x | CN¥68.84 Million |
| 2010 | 25.08% | 18.71% | 0.68x | 1.96x | CN¥254.20 Million |
| 2011 | 18.34% | 16.95% | 0.66x | 1.63x | CN¥226.52 Million |
| 2012 | 4.16% | 4.05% | 0.53x | 1.94x | CN¥-148.43 Million |
| 2013 | 4.02% | 3.70% | 0.49x | 2.20x | CN¥-144.45 Million |
| 2014 | -105.04% | -44.67% | 0.55x | 4.31x | CN¥-1.30 Billion |
| 2015 | -27.43% | -8.91% | 0.61x | 5.06x | CN¥-331.50 Million |
| 2016 | 10.02% | 2.61% | 0.73x | 5.28x | CN¥174.53K |
| 2017 | -206.95% | -22.55% | 0.81x | 11.29x | CN¥-757.79 Million |
| 2018 | 8.33% | 1.15% | 0.79x | 9.22x | CN¥-6.44 Million |
| 2019 | -23509.60% | -14.37% | 0.91x | 1803.93x | CN¥-392.35 Million |
| 2020 | 118.12% | 0.77% | 0.75x | 203.33x | CN¥13.59 Million |
| 2021 | 16.86% | 0.35% | 0.84x | 56.72x | CN¥2.99 Million |
| 2022 | 6.02% | 0.19% | 0.83x | 37.24x | CN¥-2.60 Million |
| 2023 | 11.00% | 0.51% | 0.70x | 30.68x | CN¥783.04K |
| 2024 | -42.39% | -1.38% | 0.70x | 43.90x | CN¥-27.08 Million |
Industry Comparison
This section compares Zoneco Group Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $982,852,552
- Average return on equity (ROE) among peers: 6.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zoneco Group Co Ltd (002069) | CN¥53.45 Million | 22.92% | 40.05x | $404.79 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $-382.25K | 0.00% | 0.00x | $1.14 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $1.15 Billion | 6.52% | 0.26x | $483.52 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $522.63 Million | 10.67% | 0.38x | $361.65 Million |
| Hefei Fengle Seed Co Ltd (000713) | $1.39 Billion | 1.54% | 0.49x | $759.23 Million |
| Luoniushan Co Ltd (000735) | $418.09 Million | 11.68% | 0.34x | $1.11 Billion |
| New Hope Liuhe Co Ltd (000876) | $458.73 Million | 12.53% | 0.08x | $5.75 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $2.02 Billion | 17.92% | 1.03x | $1.97 Billion |
| Dongrui Food Group Co Ltd (001201) | $140.85 Million | -19.04% | 1.66x | $499.06 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $585.62 Million | 19.17% | 0.10x | $552.18 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 1.32% | 0.17x | $1.32 Billion |
About Zoneco Group Co Ltd
Zoneco Group Co., Ltd. engages in breeding, harvesting, processing, and trading of aquatic products in China and internationally. The company offers fresh sea treasures, such as scallops, conchs, abalones, sea urchins, oysters, lobsters, etc.; frozen and fresh prepared food products, including fish, shellfish, shrimps, crabs, clams, etc.; nutritious and nourishing food products comprising stinger… Read more