Zhejiang Great Southeast Co Ltd (002263) - Net Assets

Latest as of September 2025: CN¥2.77 Billion CNY ≈ $404.92 Million USD

Based on the latest financial reports, Zhejiang Great Southeast Co Ltd (002263) has net assets worth CN¥2.77 Billion CNY (≈ $404.92 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¥2.94 Billion ≈ $429.69 Million USD) and total liabilities (CN¥169.32 Million ≈ $24.78 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 Great Southeast Co Ltd (002263) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Zhejiang Great Southeast Co Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Zhejiang Great Southeast Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥2.76 Billion ≈ $403.15 Million	+0.67%
2023-12-31	CN¥2.74 Billion ≈ $400.47 Million	+0.76%
2022-12-31	CN¥2.72 Billion ≈ $397.44 Million	+2.56%
2021-12-31	CN¥2.65 Billion ≈ $387.53 Million	+10.11%
2020-12-31	CN¥2.41 Billion ≈ $351.94 Million	+7.94%
2019-12-31	CN¥2.23 Billion ≈ $326.05 Million	+2.78%
2018-12-31	CN¥2.17 Billion ≈ $317.24 Million	-2.16%
2017-12-31	CN¥2.22 Billion ≈ $324.23 Million	-20.61%
2016-12-31	CN¥2.79 Billion ≈ $408.39 Million	-7.32%
2015-12-31	CN¥3.01 Billion ≈ $440.66 Million	+15.96%
2014-12-31	CN¥2.60 Billion ≈ $380.00 Million	-4.52%
2013-12-31	CN¥2.72 Billion ≈ $397.98 Million	-1.97%
2012-12-31	CN¥2.77 Billion ≈ $405.98 Million	-6.85%
2011-12-31	CN¥2.98 Billion ≈ $435.85 Million	+75.68%
2010-12-31	CN¥1.70 Billion ≈ $248.09 Million	+72.26%
2009-12-31	CN¥984.19 Million ≈ $144.02 Million	+4.44%
2008-12-31	CN¥942.33 Million ≈ $137.89 Million	+78.39%
2007-12-31	CN¥528.24 Million ≈ $77.30 Million	+4.02%
2006-12-31	CN¥507.84 Million ≈ $74.31 Million	-0.15%
2005-12-31	CN¥508.59 Million ≈ $74.42 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
Jiangxi Xinyu Guoke Technology Co Ltd Class A SHE:300722	$1.20 Billion
Zhejiang Taihua New Material SHG:603055	$1.20 Billion
Rush Enterprises B Inc NASDAQ:RUSHB	$1.20 Billion
Shandong Jinjing Science and Technology Stock Co Ltd SHG:600586	$1.20 Billion
Henan Tong-Da Cable Co Ltd SHE:002560	$1.20 Billion
Tong Hsing Electronic Industries Ltd TW:6271	$1.20 Billion
Mirae Asset Venture Investment Co. Ltd KQ:100790	$1.20 Billion
Grupo Herdez S.A.B. de C.V MX:HERDEZ	$1.19 Billion

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: 2.89x
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 7.74x to 2.89x 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¥4.35	x
2006-12-31	CN¥0.54	CN¥4.35	x
2007-12-31	CN¥0.55	CN¥4.35	x
2008-12-31	CN¥0.87	CN¥4.35	x
2009-12-31	CN¥0.70	CN¥4.35	x
2010-12-31	CN¥1.13	CN¥4.35	x
2011-12-31	CN¥1.88	CN¥4.35	x
2012-12-31	CN¥1.51	CN¥4.35	x
2013-12-31	CN¥1.52	CN¥4.35	x
2014-12-31	CN¥1.09	CN¥4.35	x
2015-12-31	CN¥1.93	CN¥4.35	x
2016-12-31	CN¥1.47	CN¥4.35	x
2017-12-31	CN¥1.15	CN¥4.35	x
2018-12-31	CN¥1.02	CN¥4.35	x
2019-12-31	CN¥1.19	CN¥4.35	x
2020-12-31	CN¥1.28	CN¥4.35	x
2021-12-31	CN¥1.41	CN¥4.35	x
2022-12-31	CN¥1.45	CN¥4.35	x
2023-12-31	CN¥1.32	CN¥4.35	x
2024-12-31	CN¥1.50	CN¥4.35	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: $1,835,933,579
Average return on equity (ROE) among peers: 12.47%

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	$1.20 Billion
Zhuhai Zhongfu Enterprise Co Ltd (000659)	$1.13 Billion	3.71%	2.30x	$827.81 Million
Huangshan Novel Co Ltd (002014)	$2.17 Billion	14.55%	0.39x	$1.03 Billion
Shenzhen Jinjia Color Printing Group Co Ltd (002191)	$7.08 Billion	1.67%	0.33x	$824.27 Million
Xiamen Hexing Packaging Printing Co Ltd (002228)	$1.09 Billion	11.54%	1.25x	$706.67 Million
Shenzhen Beauty Star Co Ltd (002243)	$128.26 Million	25.54%	1.46x	$1.55 Billion
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303)	$2.46 Billion	8.98%	0.31x	$788.76 Million
Shandong Lipeng Co Ltd (002374)	$131.77 Million	17.29%	0.89x	$506.57 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522)	$1.98 Billion	1.81%	0.57x	$926.48 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565)	$356.56 Million	27.14%	0.70x	$3.20 Billion

About Zhejiang Great Southeast Co Ltd

SHE:002263 China Packaging & Containers

Market Cap

$1.20 Billion

CN¥8.17 Billion CNY

Market Cap Rank

#8442 Global

#2215 in China

Share Price

CN¥4.35

Change (1 day)

+1.16%

52-Week Range

CN¥2.50 - CN¥5.17

All Time High

CN¥5.17