Zhejiang Great Southeast Co Ltd
Zhejiang Great Southeast Corp.Ltd engages in production and sales of plastic films and plastic products in China and internationally. The company offers BOPET film, EVA solar photovoltaic battery encapsulation film, lithium-ion batteries, BOPP capacitor film, casting polypropylene film, and new energy resources. It also provides thermal transfer films, chemical products packaging, and medical pac… Read more
Zhejiang Great Southeast Co Ltd (002263) - Net Assets
Latest net assets as of September 2025: CN¥2.77 Billion CNY
Based on the latest financial reports, Zhejiang Great Southeast Co Ltd (002263) has net assets worth CN¥2.77 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.94 Billion) and total liabilities (CN¥169.32 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.77 Billion |
| % of Total Assets | 94.23% |
| Annual Growth Rate | 9.3% |
| 5-Year Change | 14.55% |
| 10-Year Change | -8.51% |
| Growth Volatility | 28.37 |
Zhejiang Great Southeast Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Zhejiang Great Southeast Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Great Southeast Co Ltd (2005–2024)
The table below shows the annual net assets of Zhejiang Great Southeast Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.76 Billion | +0.67% |
| 2023-12-31 | CN¥2.74 Billion | +0.76% |
| 2022-12-31 | CN¥2.72 Billion | +2.56% |
| 2021-12-31 | CN¥2.65 Billion | +10.11% |
| 2020-12-31 | CN¥2.41 Billion | +7.94% |
| 2019-12-31 | CN¥2.23 Billion | +2.78% |
| 2018-12-31 | CN¥2.17 Billion | -2.16% |
| 2017-12-31 | CN¥2.22 Billion | -20.61% |
| 2016-12-31 | CN¥2.79 Billion | -7.32% |
| 2015-12-31 | CN¥3.01 Billion | +15.96% |
| 2014-12-31 | CN¥2.60 Billion | -4.52% |
| 2013-12-31 | CN¥2.72 Billion | -1.97% |
| 2012-12-31 | CN¥2.77 Billion | -6.85% |
| 2011-12-31 | CN¥2.98 Billion | +75.68% |
| 2010-12-31 | CN¥1.70 Billion | +72.26% |
| 2009-12-31 | CN¥984.19 Million | +4.44% |
| 2008-12-31 | CN¥942.33 Million | +78.39% |
| 2007-12-31 | CN¥528.24 Million | +4.02% |
| 2006-12-31 | CN¥507.84 Million | -0.15% |
| 2005-12-31 | CN¥508.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Great Southeast 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 82.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥25.92 Million | 0.94% |
| Common Stock | CN¥1.88 Billion | 68.18% |
| Other Comprehensive Income | CN¥8.40 Million | 0.30% |
| Other Components | CN¥842.37 Million | 30.58% |
| Total Equity | CN¥2.76 Billion | 100.00% |
Zhejiang Great Southeast Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Great Southeast Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enchem Co. Ltd.
KQ:348370
|
$652.72 Million |
|
Nexwise Intelligence China Limited
SHE:301248
|
$653.02 Million |
|
Neoen S.A
OTCGREY:NOSPF
|
$653.17 Million |
|
Carriage Services Inc
NYSE:CSV
|
$653.20 Million |
|
Snowline Gold Corp
OTCQB:SNWGF
|
$652.45 Million |
|
Hellenic Petroleum S.A
PINK:HLPMF
|
$652.43 Million |
|
BUSINESS FIRST BANCSH.DL1
F:828
|
$652.09 Million |
|
GB Group plc
PINK:GBGPF
|
$652.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Great Southeast Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,736,734,036 to 2,755,057,433, a change of 18,323,397 (0.7%).
- Net income of 18,323,397 contributed positively to equity growth.
- Dividend payments of 4,597,251 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥18.32 Million | +0.67% |
| Dividends Paid | CN¥4.60 Million | -0.17% |
| Other Changes | CN¥4.60 Million | +0.17% |
| Total Change | CN¥- | 0.67% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Great Southeast 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: 2.39x
- 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 6.39x to 2.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.56 | CN¥3.59 | x |
| 2006-12-31 | CN¥0.54 | CN¥3.59 | x |
| 2007-12-31 | CN¥0.55 | CN¥3.59 | x |
| 2008-12-31 | CN¥0.87 | CN¥3.59 | x |
| 2009-12-31 | CN¥0.70 | CN¥3.59 | x |
| 2010-12-31 | CN¥1.13 | CN¥3.59 | x |
| 2011-12-31 | CN¥1.88 | CN¥3.59 | x |
| 2012-12-31 | CN¥1.51 | CN¥3.59 | x |
| 2013-12-31 | CN¥1.52 | CN¥3.59 | x |
| 2014-12-31 | CN¥1.09 | CN¥3.59 | x |
| 2015-12-31 | CN¥1.93 | CN¥3.59 | x |
| 2016-12-31 | CN¥1.47 | CN¥3.59 | x |
| 2017-12-31 | CN¥1.15 | CN¥3.59 | x |
| 2018-12-31 | CN¥1.02 | CN¥3.59 | x |
| 2019-12-31 | CN¥1.19 | CN¥3.59 | x |
| 2020-12-31 | CN¥1.28 | CN¥3.59 | x |
| 2021-12-31 | CN¥1.41 | CN¥3.59 | x |
| 2022-12-31 | CN¥1.45 | CN¥3.59 | x |
| 2023-12-31 | CN¥1.32 | CN¥3.59 | x |
| 2024-12-31 | CN¥1.50 | CN¥3.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Great Southeast 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): 0.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.38%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.07x
- Recent ROE (0.67%) is below the historical average (1.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 4.08% | 2.29% | 0.39x | 4.60x | CN¥-25.25 Million |
| 2006 | 5.95% | 2.00% | 0.58x | 5.09x | CN¥-16.92 Million |
| 2007 | 12.47% | 3.83% | 0.83x | 3.94x | CN¥10.79 Million |
| 2008 | 5.99% | 4.04% | 0.67x | 2.20x | CN¥-31.56 Million |
| 2009 | 7.38% | 4.97% | 0.50x | 2.95x | CN¥-19.00 Million |
| 2010 | 5.47% | 5.50% | 0.53x | 1.86x | CN¥-64.12 Million |
| 2011 | 2.92% | 6.44% | 0.37x | 1.24x | CN¥-191.73 Million |
| 2012 | -2.19% | -6.87% | 0.24x | 1.31x | CN¥-308.74 Million |
| 2013 | 0.60% | 2.01% | 0.21x | 1.42x | CN¥-233.94 Million |
| 2014 | 0.46% | 1.26% | 0.26x | 1.39x | CN¥-239.98 Million |
| 2015 | 0.52% | 1.70% | 0.21x | 1.43x | CN¥-279.80 Million |
| 2016 | -6.78% | -19.52% | 0.24x | 1.45x | CN¥-459.34 Million |
| 2017 | -26.16% | -54.13% | 0.32x | 1.53x | CN¥-784.56 Million |
| 2018 | 1.95% | 2.88% | 0.38x | 1.77x | CN¥-174.47 Million |
| 2019 | 2.70% | 3.66% | 0.66x | 1.13x | CN¥-162.61 Million |
| 2020 | 7.36% | 11.72% | 0.56x | 1.13x | CN¥-63.57 Million |
| 2021 | 9.19% | 14.53% | 0.57x | 1.12x | CN¥-21.57 Million |
| 2022 | 2.49% | 4.27% | 0.54x | 1.09x | CN¥-203.88 Million |
| 2023 | 0.76% | 1.55% | 0.43x | 1.13x | CN¥-252.99 Million |
| 2024 | 0.67% | 1.38% | 0.45x | 1.07x | CN¥-257.18 Million |
Industry Comparison
This section compares Zhejiang Great Southeast Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,776,564,033
- Average return on equity (ROE) among peers: 4.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Great Southeast Co Ltd (002263) | CN¥2.77 Billion | 4.08% | 0.06x | $652.72 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $243.75 Million | -28.82% | 6.53x | $570.17 Million |
| Huangshan Novel Co Ltd (002014) | $1.41 Billion | 12.64% | 0.29x | $324.87 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.61 Billion | 11.62% | 0.43x | $501.74 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $3.52 Billion | 2.93% | 1.34x | $305.31 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $1.62 Billion | 21.22% | 0.22x | $727.03 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $277.22 Million | 36.79% | 0.68x | $465.12 Million |
| Shandong Lipeng Co Ltd (002374) | $2.16 Billion | -31.07% | 1.25x | $410.53 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.07 Billion | 6.80% | 0.73x | $525.36 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.06 Billion | 11.10% | 0.50x | $1.10 Billion |