Zhejiang Yinlun Machinery Co Ltd (002126) - Net Assets

Latest as of September 2025: CN¥7.72 Billion CNY ≈ $1.13 Billion USD

Based on the latest financial reports, Zhejiang Yinlun Machinery Co Ltd (002126) has net assets worth CN¥7.72 Billion CNY (≈ $1.13 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¥20.63 Billion ≈ $3.02 Billion USD) and total liabilities (CN¥12.91 Billion ≈ $1.89 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 Yinlun Machinery Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥7.72 Billion
% of Total Assets 37.43%
Annual Growth Rate 20.52%
5-Year Change 62.13%
10-Year Change 219.93%
Growth Volatility 34.0

Zhejiang Yinlun Machinery Co Ltd - Net Assets Trend (2004–2024)

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

Annual Net Assets for Zhejiang Yinlun Machinery Co Ltd (2004–2024)

The table below shows the annual net assets of Zhejiang Yinlun Machinery Co Ltd from 2004 to 2024. For live valuation and market cap data, see Zhejiang Yinlun Machinery Co Ltd (002126) total market value.

Year Net Assets Change
2024-12-31 CN¥7.07 Billion
≈ $1.03 Billion		 +16.11%
2023-12-31 CN¥6.09 Billion
≈ $891.23 Million		 +16.39%
2022-12-31 CN¥5.23 Billion
≈ $765.70 Million		 +7.36%
2021-12-31 CN¥4.87 Billion
≈ $713.22 Million		 +11.75%
2020-12-31 CN¥4.36 Billion
≈ $638.25 Million		 +6.80%
2019-12-31 CN¥4.08 Billion
≈ $597.60 Million		 -0.32%
2018-12-31 CN¥4.10 Billion
≈ $599.51 Million		 +11.07%
2017-12-31 CN¥3.69 Billion
≈ $539.74 Million		 +44.10%
2016-12-31 CN¥2.56 Billion
≈ $374.55 Million		 +15.80%
2015-12-31 CN¥2.21 Billion
≈ $323.45 Million		 +35.24%
2014-12-31 CN¥1.63 Billion
≈ $239.17 Million		 +11.61%
2013-12-31 CN¥1.46 Billion
≈ $214.29 Million		 +8.75%
2012-12-31 CN¥1.35 Billion
≈ $197.04 Million		 +6.31%
2011-12-31 CN¥1.27 Billion
≈ $185.35 Million		 +85.32%
2010-12-31 CN¥683.50 Million
≈ $100.02 Million		 +26.50%
2009-12-31 CN¥540.31 Million
≈ $79.06 Million		 +9.75%
2008-12-31 CN¥492.30 Million
≈ $72.04 Million		 +5.46%
2007-12-31 CN¥466.83 Million
≈ $68.31 Million		 +147.45%
2006-12-31 CN¥188.66 Million
≈ $27.61 Million		 +5.93%
2005-12-31 CN¥178.09 Million
≈ $26.06 Million		 +5.36%
2004-12-31 CN¥169.04 Million
≈ $24.74 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Yinlun Machinery 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 5698.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.63 Billion 58.43%
Common Stock CN¥834.60 Million 13.43%
Other Comprehensive Income CN¥557.01 Million 8.97%
Other Components CN¥1.19 Billion 19.17%
Total Equity CN¥6.21 Billion 100.00%

Zhejiang Yinlun Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Yinlun Machinery Co Ltd ranked by their market capitalization.

Company Market Cap
Sealed Air Corporation
NYSE:SEE
 $6.16 Billion
Gerdau S.A
MX:GGBN
 $6.16 Billion
Rumo S.A
SA:RAIL3
 $6.16 Billion
Belite Bio Inc ADR
NASDAQ:BLTE
 $6.17 Billion
Descartes Systems Group Inc
TO:DSG
 $6.15 Billion
Nexstar Broadcasting Group Inc
NASDAQ:NXST
 $6.15 Billion
Far East Smarter Energy Co Ltd
SHG:600869
 $6.15 Billion
VZ Holding AG
SW:VZN
 $6.14 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,459,282,614 to 6,212,903,628, a change of 753,621,014 (13.8%).
  • Net income of 783,525,114 contributed positively to equity growth.
  • Dividend payments of 81,895,378 reduced retained earnings.
  • Share repurchases of 85,854,315 reduced equity.
  • Other comprehensive income decreased equity by 33,617,584.
  • Other factors increased equity by 171,463,177.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥783.53 Million +12.61%
Dividends Paid CN¥81.90 Million -1.32%
Share Repurchases CN¥85.85 Million -1.38%
Other Comprehensive Income CN¥-33.62 Million -0.54%
Other Changes CN¥171.46 Million +2.76%
Total Change CN¥- 13.80%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Yinlun Machinery 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: 6.82x
  • 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 108.89x to 6.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.46 CN¥49.76 x
2005-12-31 CN¥0.47 CN¥49.76 x
2006-12-31 CN¥0.49 CN¥49.76 x
2007-12-31 CN¥0.96 CN¥49.76 x
2008-12-31 CN¥0.92 CN¥49.76 x
2009-12-31 CN¥0.99 CN¥49.76 x
2010-12-31 CN¥1.60 CN¥49.76 x
2011-12-31 CN¥2.27 CN¥49.76 x
2012-12-31 CN¥1.92 CN¥49.76 x
2013-12-31 CN¥2.08 CN¥49.76 x
2014-12-31 CN¥2.26 CN¥49.76 x
2015-12-31 CN¥2.85 CN¥49.76 x
2016-12-31 CN¥3.20 CN¥49.76 x
2017-12-31 CN¥4.44 CN¥49.76 x
2018-12-31 CN¥4.54 CN¥49.76 x
2019-12-31 CN¥4.70 CN¥49.76 x
2020-12-31 CN¥5.02 CN¥49.76 x
2021-12-31 CN¥5.59 CN¥49.76 x
2022-12-31 CN¥5.91 CN¥49.76 x
2023-12-31 CN¥6.51 CN¥49.76 x
2024-12-31 CN¥7.30 CN¥49.76 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Yinlun Machinery 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): 12.61%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.17%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 2.96x
  • Recent ROE (12.61%) is above the historical average (11.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 23.64% 9.89% 0.88x 2.72x CN¥22.65 Million
2005 21.49% 7.52% 0.81x 3.52x CN¥19.50 Million
2006 17.75% 5.09% 0.87x 4.02x CN¥13.69 Million
2007 7.60% 4.14% 0.88x 2.09x CN¥-10.81 Million
2008 9.19% 4.43% 0.90x 2.31x CN¥-3.85 Million
2009 10.47% 6.03% 0.77x 2.25x CN¥2.45 Million
2010 20.45% 8.86% 0.89x 2.59x CN¥66.73 Million
2011 8.81% 5.77% 0.78x 1.97x CN¥-14.14 Million
2012 3.39% 2.46% 0.68x 2.03x CN¥-80.75 Million
2013 7.20% 5.04% 0.61x 2.35x CN¥-37.47 Million
2014 10.18% 6.29% 0.69x 2.36x CN¥2.76 Million
2015 9.83% 7.36% 0.69x 1.92x CN¥-3.55 Million
2016 11.26% 8.23% 0.65x 2.10x CN¥28.80 Million
2017 9.24% 7.19% 0.65x 1.98x CN¥-25.72 Million
2018 9.68% 6.96% 0.64x 2.18x CN¥-11.44 Million
2019 8.52% 5.75% 0.66x 2.26x CN¥-55.29 Million
2020 8.17% 5.08% 0.64x 2.50x CN¥-72.20 Million
2021 5.01% 2.82% 0.65x 2.72x CN¥-219.64 Million
2022 8.19% 4.52% 0.63x 2.89x CN¥-84.69 Million
2023 11.21% 5.56% 0.68x 2.96x CN¥66.21 Million
2024 12.61% 6.17% 0.69x 2.96x CN¥162.23 Million

Industry Comparison

This section compares Zhejiang Yinlun Machinery Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $1,591,014,487
  • Average return on equity (ROE) among peers: 4.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Yinlun Machinery Co Ltd (002126) CN¥7.72 Billion 23.64% 1.67x $6.16 Billion
FAWER Automotive Parts Ltd Co (000030) $-981.31 Million 0.00% 0.00x $1.25 Billion
Wanxiang Qianchao Co Ltd (000559) $4.12 Billion 11.29% 1.14x $8.58 Billion
Weifu High-Technology Group Co Ltd (000581) $1.12 Billion 6.84% 0.38x $2.32 Billion
Gui Zhou Tyre Co Ltd (000589) $1.20 Billion 7.26% 1.93x $1.14 Billion
Qingdao Doublestar Co Ltd (000599) $1.73 Billion -20.59% 4.27x $707.54 Million
Hengli Industrial Development Group Co Ltd (000622) $204.20 Million 1.54% 0.67x $9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678) $1.29 Billion 0.90% 1.00x $907.28 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $255.64 Million 10.42% 0.21x $1.95 Billion
Sichuan Haowu Electromechanical Co Ltd (000757) $341.13 Million 10.15% 0.30x $381.97 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $6.63 Billion 13.60% 0.79x $3.58 Billion

About Zhejiang Yinlun Machinery Co Ltd

SHE:002126 China Auto Parts
Market Cap
$6.16 Billion
CN¥42.08 Billion CNY
Market Cap Rank
#3152 Global
#460 in China
Share Price
CN¥49.76
Change (1 day)
+0.53%
52-Week Range
CN¥22.62 - CN¥54.31
All Time High
CN¥54.31
Categories
Companies in China Auto Parts
About

Zhejiang Yinlun Machinery Co.,Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products in China and internationally. The company offers thermal and non-thermal oil filter module, oil cooler, cooling module, heat sink, intercooler, and EGR cooler, as well as new energy pure water coolin… Read more