Zhejiang Great Southeast Co Ltd (002263) - Net Assets
Based on the latest financial reports, Zhejiang Great Southeast Co Ltd (002263) has net assets worth CN¥2.78 Billion CNY (≈ $406.49 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¥2.94 Billion ≈ $430.74 Million USD) and total liabilities (CN¥165.77 Million ≈ $24.26 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 how strategically is Zhejiang Great Southeast Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.78 Billion |
| % of Total Assets | 94.37% |
| Annual Growth Rate | 8.85% |
| 5-Year Change | 4.73% |
| 10-Year Change | -0.62% |
| Growth Volatility | 27.76 |
Zhejiang Great Southeast Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Zhejiang Great Southeast Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Zhejiang Great Southeast Co Ltd stock valuation.
Annual Net Assets for Zhejiang Great Southeast Co Ltd (2005–2025)
The table below shows the annual net assets of Zhejiang Great Southeast Co Ltd from 2005 to 2025. Also explore net asset growth rate of Zhejiang Great Southeast Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.77 Billion ≈ $405.85 Million |
+0.67% |
| 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 70.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥44.39 Million | 1.60% |
| Other Components | CN¥2.73 Billion | 98.40% |
| Total Equity | CN¥2.77 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 Firstar Panel Technology Co Ltd
SHE:300256
|
$879.63 Million |
|
Vesuvius India Limited
NSE:VESUVIUS
|
$879.73 Million |
|
Cresud SA
BA:CRES
|
$879.92 Million |
|
Hubei Jiuzhiyang Infrared System Co Ltd
SHE:300516
|
$880.01 Million |
|
IPERIONX LTD SP.ADR/10
F:30Z0
|
$879.39 Million |
|
Shenzhen Cotran New Material Co Ltd Class A
SHE:300731
|
$879.07 Million |
|
JYP Entertainment Corporation
KQ:035900
|
$879.07 Million |
|
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
SHE:301322
|
$879.05 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 2024 to 2025, total equity changed from 2,755,057,433 to 2,773,519,996, a change of 18,462,563 (0.7%).
- Net income of 18,462,562 contributed positively to equity growth.
- Other comprehensive income decreased equity by 8,399,848.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥18.46 Million | +0.67% |
| Other Comprehensive Income | CN¥-8.40 Million | -0.3% |
| Other Changes | CN¥8.40 Million | +0.3% |
| 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: 2.17x
- 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 5.69x to 2.17x 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¥3.20 | x |
| 2006-12-31 | CN¥0.54 | CN¥3.20 | x |
| 2007-12-31 | CN¥0.55 | CN¥3.20 | x |
| 2008-12-31 | CN¥0.87 | CN¥3.20 | x |
| 2009-12-31 | CN¥0.70 | CN¥3.20 | x |
| 2010-12-31 | CN¥1.13 | CN¥3.20 | x |
| 2011-12-31 | CN¥1.88 | CN¥3.20 | x |
| 2012-12-31 | CN¥1.51 | CN¥3.20 | x |
| 2013-12-31 | CN¥1.38 | CN¥3.20 | x |
| 2014-12-31 | CN¥1.98 | CN¥3.20 | x |
| 2015-12-31 | CN¥1.93 | CN¥3.20 | x |
| 2016-12-31 | CN¥1.47 | CN¥3.20 | x |
| 2017-12-31 | CN¥1.15 | CN¥3.20 | x |
| 2018-12-31 | CN¥1.02 | CN¥3.20 | x |
| 2019-12-31 | CN¥1.19 | CN¥3.20 | x |
| 2020-12-31 | CN¥1.22 | CN¥3.20 | x |
| 2021-12-31 | CN¥1.42 | CN¥3.20 | x |
| 2022-12-31 | CN¥1.60 | CN¥3.20 | x |
| 2023-12-31 | CN¥1.32 | CN¥3.20 | x |
| 2024-12-31 | CN¥1.50 | CN¥3.20 | x |
| 2025-12-31 | CN¥1.48 | CN¥3.20 | 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: 1.50%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.07x
- Recent ROE (0.67%) is below the historical average (1.74%), 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 |
| 2025 | 0.67% | 1.50% | 0.41x | 1.07x | CN¥-258.89 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: $2,479,325,010
- Average return on equity (ROE) among peers: 7.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Great Southeast Co Ltd (002263) | CN¥2.78 Billion | 4.08% | 0.06x | $879.56 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $366.56 Million | 17.55% | 1.01x | $519.26 Million |
| Huangshan Novel Co Ltd (002014) | $698.53 Million | 14.41% | 0.40x | $1.02 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $6.31 Billion | -5.48% | 0.32x | $740.74 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $3.11 Billion | 3.32% | 1.40x | $541.55 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $128.26 Million | 25.54% | 1.46x | $1.23 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.87 Billion | 2.03% | 0.50x | $1.18 Billion |
| Shandong Lipeng Co Ltd (002374) | $2.57 Billion | 1.32% | 1.34x | $471.64 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.30 Billion | 3.23% | 0.56x | $770.08 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $1.95 Billion | 7.35% | 0.76x | $1.34 Billion |
About 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