Zhejiang Hailide New Material Co Ltd (002206) - Net Assets

Latest as of March 2026: CN¥4.14 Billion CNY ≈ $605.56 Million USD

Based on the latest financial reports, Zhejiang Hailide New Material Co Ltd (002206) has net assets worth CN¥4.14 Billion CNY (≈ $605.56 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¥8.01 Billion ≈ $1.17 Billion USD) and total liabilities (CN¥3.87 Billion ≈ $566.19 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 Zhejiang Hailide New Material Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.14 Billion
% of Total Assets	51.68%
Annual Growth Rate	16.89%
5-Year Change	23.53%
10-Year Change	44.02%
Growth Volatility	37.31

Zhejiang Hailide New Material Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Zhejiang Hailide New Material Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002206 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Zhejiang Hailide New Material Co Ltd (2004–2025)

The table below shows the annual net assets of Zhejiang Hailide New Material Co Ltd from 2004 to 2025. For live valuation and market cap data, see Zhejiang Hailide New Material Co Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥4.02 Billion ≈ $588.38 Million	+2.57%
2024-12-31	CN¥3.92 Billion ≈ $573.61 Million	+5.97%
2023-12-31	CN¥3.70 Billion ≈ $541.29 Million	+4.95%
2022-12-31	CN¥3.52 Billion ≈ $515.77 Million	+8.28%
2021-12-31	CN¥3.26 Billion ≈ $476.32 Million	+11.44%
2020-12-31	CN¥2.92 Billion ≈ $427.41 Million	+3.58%
2019-12-31	CN¥2.82 Billion ≈ $412.62 Million	-3.91%
2018-12-31	CN¥2.93 Billion ≈ $429.40 Million	+2.02%
2017-12-31	CN¥2.88 Billion ≈ $420.90 Million	+3.03%
2016-12-31	CN¥2.79 Billion ≈ $408.53 Million	+31.36%
2015-12-31	CN¥2.13 Billion ≈ $310.99 Million	+3.94%
2014-12-31	CN¥2.04 Billion ≈ $299.21 Million	+2.58%
2013-12-31	CN¥1.99 Billion ≈ $291.67 Million	+1.25%
2012-12-31	CN¥1.97 Billion ≈ $288.07 Million	-4.41%
2011-12-31	CN¥2.06 Billion ≈ $301.37 Million	+92.36%
2010-12-31	CN¥1.07 Billion ≈ $156.67 Million	+12.26%
2009-12-31	CN¥953.72 Million ≈ $139.56 Million	+13.59%
2008-12-31	CN¥839.65 Million ≈ $122.87 Million	+157.52%
2007-12-31	CN¥326.05 Million ≈ $47.71 Million	+20.63%
2006-12-31	CN¥270.29 Million ≈ $39.55 Million	+51.07%
2005-12-31	CN¥178.92 Million ≈ $26.18 Million	+17.94%
2004-12-31	CN¥151.71 Million ≈ $22.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Hailide New Material 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 3159.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.87 Billion	46.73%
Other Components	CN¥2.14 Billion	53.27%
Total Equity	CN¥4.01 Billion	100.00%

Zhejiang Hailide New Material Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Hailide New Material Co Ltd ranked by their market capitalization.

Company	Market Cap
EcoRodovias Infraestrutura e Logística S.A SA:ECOR3	$918.60 Million
Sinoseal Holding Co Ltd SHE:300470	$919.03 Million
DBV Technologies NASDAQ:DBVT	$919.11 Million
Ningbo Runhe High-Tech Materials Co Ltd Class A SHE:300727	$919.69 Million
Tian Jin Motor Dies Co Ltd SHE:002510	$918.02 Million
Pharming Group NV AS:PHARM	$917.94 Million
Matrix Design Co. Ltd. A SHE:301365	$917.94 Million
Shanghai Runda Med Tech Co SHG:603108	$917.82 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,910,498,105 to 4,007,746,167, a change of 97,248,062 (2.5%).
Net income of 514,357,443 contributed positively to equity growth.
Dividend payments of 256,501,718 reduced retained earnings.
Other comprehensive income decreased equity by 444,725,445.
Other factors increased equity by 284,117,781.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥514.36 Million	+12.83%
Dividends Paid	CN¥256.50 Million	-6.4%
Other Comprehensive Income	CN¥-444.73 Million	-11.1%
Other Changes	CN¥284.12 Million	+7.09%
Total Change	CN¥-	2.49%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Hailide New Material 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: 1.57x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 21.59x to 1.57x 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¥0.25	CN¥5.40	x
2005-12-31	CN¥0.30	CN¥5.40	x
2006-12-31	CN¥0.44	CN¥5.40	x
2007-12-31	CN¥0.47	CN¥5.40	x
2008-12-31	CN¥0.91	CN¥5.40	x
2009-12-31	CN¥1.02	CN¥5.40	x
2010-12-31	CN¥1.14	CN¥5.40	x
2011-12-31	CN¥1.93	CN¥5.40	x
2012-12-31	CN¥1.79	CN¥5.40	x
2013-12-31	CN¥1.81	CN¥5.40	x
2014-12-31	CN¥1.82	CN¥5.40	x
2015-12-31	CN¥1.86	CN¥5.40	x
2016-12-31	CN¥2.29	CN¥5.40	x
2017-12-31	CN¥2.37	CN¥5.40	x
2018-12-31	CN¥2.41	CN¥5.40	x
2019-12-31	CN¥2.39	CN¥5.40	x
2020-12-31	CN¥2.53	CN¥5.40	x
2021-12-31	CN¥2.83	CN¥5.40	x
2022-12-31	CN¥3.07	CN¥5.40	x
2023-12-31	CN¥3.17	CN¥5.40	x
2024-12-31	CN¥3.33	CN¥5.40	x
2025-12-31	CN¥3.45	CN¥5.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Hailide New Material 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): 12.83%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.82%
• Asset Turnover: 0.75x
• Equity Multiplier: 1.93x
Recent ROE (12.83%) is below the historical average (13.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	23.45%	8.12%	0.90x	3.20x	CN¥20.41 Million
2005	24.15%	6.12%	1.31x	3.01x	CN¥25.32 Million
2006	26.73%	10.06%	1.14x	2.33x	CN¥45.22 Million
2007	25.18%	9.48%	1.05x	2.52x	CN¥49.49 Million
2008	10.99%	8.73%	1.11x	1.13x	CN¥8.35 Million
2009	14.83%	14.54%	0.74x	1.38x	CN¥46.07 Million
2010	14.34%	9.27%	0.90x	1.73x	CN¥46.40 Million
2011	9.73%	8.48%	0.89x	1.28x	CN¥-5.61 Million
2012	4.47%	4.50%	0.63x	1.57x	CN¥-108.48 Million
2013	5.09%	4.71%	0.66x	1.64x	CN¥-97.54 Million
2014	7.05%	6.28%	0.68x	1.64x	CN¥-60.12 Million
2015	9.24%	9.22%	0.58x	1.72x	CN¥-16.06 Million
2016	9.18%	9.94%	0.61x	1.51x	CN¥-22.89 Million
2017	10.96%	9.85%	0.73x	1.53x	CN¥27.60 Million
2018	12.05%	9.84%	0.74x	1.65x	CN¥59.71 Million
2019	11.69%	8.15%	0.72x	1.99x	CN¥47.39 Million
2020	8.69%	7.16%	0.60x	2.03x	CN¥-38.05 Million
2021	17.69%	11.35%	0.73x	2.13x	CN¥249.85 Million
2022	9.44%	6.02%	0.74x	2.13x	CN¥-19.74 Million
2023	9.46%	6.21%	0.78x	1.96x	CN¥-19.87 Million
2024	10.50%	6.96%	0.80x	1.88x	CN¥19.51 Million
2025	12.83%	8.82%	0.75x	1.93x	CN¥113.58 Million

Industry Comparison

This section compares Zhejiang Hailide New Material Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $6,166,812,577
Average return on equity (ROE) among peers: 6.34%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Hailide New Material Co Ltd (002206)	CN¥4.14 Billion	23.45%	0.93x	$918.36 Million
Chongqing Sanxia Paints Co Ltd (000565)	$1.30 Billion	0.62%	0.29x	$390.84 Million
Hengyi Petrochemical Co Ltd (000703)	$32.94 Billion	10.26%	2.20x	$6.57 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$552.98 Million	12.21%	1.11x	$737.44 Million
Luxi Chemical Group Co Ltd (000830)	$5.61 Billion	5.45%	2.19x	$3.51 Billion
China Minmetals Rare Earth Co Ltd (000831)	$1.07 Billion	6.09%	3.18x	$9.61 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$1.39 Billion	0.45%	0.38x	$1.50 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$1.51 Billion	7.32%	1.02x	$1.27 Billion
Shandong Link Science and Technology Co Ltd (001207)	$1.32 Billion	12.34%	0.44x	$751.43 Million
Zhejiang Transfar Co Ltd (002010)	$13.62 Billion	6.01%	1.21x	$1.98 Billion
Poly Union Chemical Holding Group Co Ltd (002037)	$2.36 Billion	2.62%	2.10x	$468.74 Million

About Zhejiang Hailide New Material Co Ltd

SHE:002206 China Specialty Chemicals

Market Cap

$918.36 Million

CN¥6.28 Billion CNY

Market Cap Rank

#9438 Global

#2451 in China

Share Price

CN¥5.40

Change (1 day)

-1.46%

52-Week Range

CN¥4.77 - CN¥7.40

All Time High

CN¥10.32