Zoneco Group Co Ltd (002069) - Net Assets
Based on the latest financial reports, Zoneco Group Co Ltd (002069) has net assets worth CN¥59.60 Million CNY (≈ $8.72 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¥2.16 Billion ≈ $316.23 Million USD) and total liabilities (CN¥2.10 Billion ≈ $307.51 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 002069 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥59.60 Million |
| % of Total Assets | 2.76% |
| Annual Growth Rate | -3.6% |
| 5-Year Change | -23.31% |
| 10-Year Change | -91.39% |
| Growth Volatility | 60.79 |
Zoneco Group Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Zoneco Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zoneco Group Co Ltd (002069) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zoneco Group Co Ltd (2003–2025)
The table below shows the annual net assets of Zoneco Group Co Ltd from 2003 to 2025. For live valuation and market cap data, see 002069 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥69.99 Million ≈ $10.24 Million |
-27.31% |
| 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 4344.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.97 Billion | 5293.71% |
| Total Equity | CN¥37.17 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 |
|---|---|
|
Xinjiang Tianshun Supply Chain Co Ltd
SHE:002800
|
$322.61 Million |
|
Suzhou Fushilai Pharmaceutical Co. Ltd.
SHE:301258
|
$322.75 Million |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
$322.80 Million |
|
Lightbridge Corp
NASDAQ:LTBR
|
$322.86 Million |
|
Bms Birlesik Metal Sanayi ve Ticaret AS
IS:BMSTL
|
$322.52 Million |
|
Verastem Inc
NASDAQ:VSTM
|
$322.50 Million |
|
Zhejiang Double Arrow Rubber Co Ltd
SHE:002381
|
$322.21 Million |
|
Ramky Infrastructure Limited
NSE:RAMKY
|
$322.13 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 2024 to 2025, total equity changed from 51,690,461 to 37,173,617, a change of -14,516,844 (-28.1%).
- Net loss of 10,756,425 reduced equity.
- Dividend payments of 62,588,624 reduced retained earnings.
- Other comprehensive income decreased equity by 456,274,811.
- Other factors increased equity by 515,103,016.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-10.76 Million | -28.94% |
| Dividends Paid | CN¥62.59 Million | -168.37% |
| Other Comprehensive Income | CN¥-456.27 Million | -1227.42% |
| Other Changes | CN¥515.10 Million | +1385.67% |
| Total Change | CN¥- | -28.08% |
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: 59.30x
- 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 10.15x to 59.30x 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¥3.10 | x |
| 2004-12-31 | CN¥0.39 | CN¥3.10 | x |
| 2005-12-31 | CN¥0.61 | CN¥3.10 | x |
| 2006-12-31 | CN¥1.94 | CN¥3.10 | x |
| 2007-12-31 | CN¥1.70 | CN¥3.10 | x |
| 2008-12-31 | CN¥1.83 | CN¥3.10 | x |
| 2009-12-31 | CN¥2.04 | CN¥3.10 | x |
| 2010-12-31 | CN¥2.47 | CN¥3.10 | x |
| 2011-12-31 | CN¥3.87 | CN¥3.10 | x |
| 2012-12-31 | CN¥3.57 | CN¥3.10 | x |
| 2013-12-31 | CN¥3.49 | CN¥3.10 | x |
| 2014-12-31 | CN¥1.59 | CN¥3.10 | x |
| 2015-12-31 | CN¥1.24 | CN¥3.10 | x |
| 2016-12-31 | CN¥1.10 | CN¥3.10 | x |
| 2017-12-31 | CN¥0.49 | CN¥3.10 | x |
| 2018-12-31 | CN¥0.54 | CN¥3.10 | x |
| 2019-12-31 | CN¥0.00 | CN¥3.10 | x |
| 2020-12-31 | CN¥0.02 | CN¥3.10 | x |
| 2021-12-31 | CN¥0.06 | CN¥3.10 | x |
| 2022-12-31 | CN¥0.09 | CN¥3.10 | x |
| 2023-12-31 | CN¥0.11 | CN¥3.10 | x |
| 2024-12-31 | CN¥0.07 | CN¥3.10 | x |
| 2025-12-31 | CN¥0.05 | CN¥3.10 | 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): -28.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.84%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 59.32x
- Recent ROE (-28.94%) is above the historical average (-1023.29%), 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 |
| 2025 | -28.94% | -0.84% | 0.58x | 59.32x | CN¥-14.47 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: $2,382,998,700
- Average return on equity (ROE) among peers: 8.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zoneco Group Co Ltd (002069) | CN¥59.60 Million | 22.92% | 35.26x | $322.58 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $604.67 Million | 18.82% | 2.28x | $1.46 Billion |
| Guangdong Guanghong Holdings Co Ltd (000529) | $845.71 Million | 7.25% | 0.43x | $392.96 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $423.88 Million | 2.68% | 0.95x | $267.31 Million |
| Hefei Fengle Seed Co Ltd (000713) | $433.17 Million | 3.51% | 0.97x | $650.60 Million |
| Luoniushan Co Ltd (000735) | $793.19 Million | 8.03% | 0.80x | $840.83 Million |
| New Hope Liuhe Co Ltd (000876) | $14.49 Billion | 11.78% | 0.70x | $4.09 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $1.39 Billion | 9.62% | 1.15x | $1.72 Billion |
| Dongrui Food Group Co Ltd (001201) | $160.11 Million | 12.03% | 1.52x | $401.36 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $1.35 Billion | 8.61% | 0.06x | $436.37 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.35 Billion | 6.95% | 0.26x | $1.10 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