ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (002284) - Net Assets
Based on the latest financial reports, ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (002284) has net assets worth CN¥3.52 Billion CNY (≈ $515.52 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¥8.62 Billion ≈ $1.26 Billion USD) and total liabilities (CN¥5.10 Billion ≈ $746.40 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 tangible equity quality of ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECT to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.52 Billion |
| % of Total Assets | 40.85% |
| Annual Growth Rate | 13.1% |
| 5-Year Change | 24.43% |
| 10-Year Change | 24.85% |
| Growth Volatility | 33.62 |
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD - Net Assets Trend (2006–2025)
This chart illustrates how ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's net assets have evolved over time, based on quarterly financial data. See ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECT defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (2006–2025)
The table below shows the annual net assets of ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD from 2006 to 2025. For live valuation and market cap data, see ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECT market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.38 Billion ≈ $494.79 Million |
+15.59% |
| 2024-12-31 | CN¥2.93 Billion ≈ $428.04 Million |
+4.42% |
| 2023-12-31 | CN¥2.80 Billion ≈ $409.91 Million |
+3.32% |
| 2022-12-31 | CN¥2.71 Billion ≈ $396.75 Million |
-0.23% |
| 2021-12-31 | CN¥2.72 Billion ≈ $397.65 Million |
+0.60% |
| 2020-12-31 | CN¥2.70 Billion ≈ $395.29 Million |
+0.44% |
| 2019-12-31 | CN¥2.69 Billion ≈ $393.55 Million |
-4.92% |
| 2018-12-31 | CN¥2.83 Billion ≈ $413.90 Million |
-2.65% |
| 2017-12-31 | CN¥2.91 Billion ≈ $425.16 Million |
+7.28% |
| 2016-12-31 | CN¥2.71 Billion ≈ $396.31 Million |
+3.09% |
| 2015-12-31 | CN¥2.63 Billion ≈ $384.43 Million |
+4.38% |
| 2014-12-31 | CN¥2.52 Billion ≈ $368.29 Million |
+101.13% |
| 2013-12-31 | CN¥1.25 Billion ≈ $183.11 Million |
+9.58% |
| 2012-12-31 | CN¥1.14 Billion ≈ $167.10 Million |
+5.49% |
| 2011-12-31 | CN¥1.08 Billion ≈ $158.41 Million |
+6.73% |
| 2010-12-31 | CN¥1.01 Billion ≈ $148.43 Million |
+11.77% |
| 2009-12-31 | CN¥907.50 Million ≈ $132.80 Million |
+124.30% |
| 2008-12-31 | CN¥404.59 Million ≈ $59.20 Million |
+9.70% |
| 2007-12-31 | CN¥368.81 Million ≈ $53.97 Million |
+13.21% |
| 2006-12-31 | CN¥325.79 Million ≈ $47.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC 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 565.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.18 Billion | 35.03% |
| Other Components | CN¥2.19 Billion | 64.97% |
| Total Equity | CN¥3.36 Billion | 100.00% |
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD Competitors by Market Cap
The table below lists competitors of ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Graham Corporation
NYSE:GHM
|
$1.17 Billion |
|
Cangzhou Mingzhu Plastic Co Ltd
SHE:002108
|
$1.17 Billion |
|
Zhejiang Chenfeng Science and Technology Co Ltd Class A
SHG:603685
|
$1.17 Billion |
|
Zhejiang JW Precision Machinery Co.Ltd
SHE:300984
|
$1.17 Billion |
|
CompuGroup Medical SE & Co. KGaA
XETRA:COP
|
$1.17 Billion |
|
Lithium Argentina AG
NYSE:LAR
|
$1.17 Billion |
|
Barloworld Ltd
JSE:BAW
|
$1.17 Billion |
|
Compass Minerals International Inc
NYSE:CMP
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,908,999,840 to 3,364,220,370, a change of 455,220,530 (15.6%).
- Net income of 490,129,787 contributed positively to equity growth.
- Dividend payments of 36,962,198 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥490.13 Million | +14.57% |
| Dividends Paid | CN¥36.96 Million | -1.1% |
| Other Changes | CN¥2.05 Million | +0.06% |
| Total Change | CN¥- | 15.65% |
Book Value vs Market Value Analysis
This analysis compares ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC 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: 2.38x
- 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 15.66x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.69 | CN¥10.84 | x |
| 2007-12-31 | CN¥0.79 | CN¥10.84 | x |
| 2008-12-31 | CN¥0.87 | CN¥10.84 | x |
| 2009-12-31 | CN¥1.84 | CN¥10.84 | x |
| 2010-12-31 | CN¥1.68 | CN¥10.84 | x |
| 2011-12-31 | CN¥1.83 | CN¥10.84 | x |
| 2012-12-31 | CN¥1.94 | CN¥10.84 | x |
| 2013-12-31 | CN¥2.12 | CN¥10.84 | x |
| 2014-12-31 | CN¥4.24 | CN¥10.84 | x |
| 2015-12-31 | CN¥3.46 | CN¥10.84 | x |
| 2016-12-31 | CN¥3.68 | CN¥10.84 | x |
| 2017-12-31 | CN¥3.76 | CN¥10.84 | x |
| 2018-12-31 | CN¥3.50 | CN¥10.84 | x |
| 2019-12-31 | CN¥3.59 | CN¥10.84 | x |
| 2020-12-31 | CN¥3.61 | CN¥10.84 | x |
| 2021-12-31 | CN¥3.63 | CN¥10.84 | x |
| 2022-12-31 | CN¥3.62 | CN¥10.84 | x |
| 2023-12-31 | CN¥3.78 | CN¥10.84 | x |
| 2024-12-31 | CN¥3.94 | CN¥10.84 | x |
| 2025-12-31 | CN¥4.55 | CN¥10.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC 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): 14.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.74%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.57x
- Recent ROE (14.57%) is above the historical average (7.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.61% | 7.59% | 0.75x | 2.90x | CN¥19.68 Million |
| 2007 | 20.10% | 7.73% | 0.88x | 2.95x | CN¥34.23 Million |
| 2008 | 13.05% | 5.34% | 0.90x | 2.71x | CN¥11.39 Million |
| 2009 | 10.35% | 6.84% | 0.79x | 1.92x | CN¥3.06 Million |
| 2010 | 12.18% | 6.77% | 0.96x | 1.88x | CN¥21.21 Million |
| 2011 | 7.66% | 4.31% | 0.88x | 2.03x | CN¥-24.40 Million |
| 2012 | 7.72% | 4.04% | 0.94x | 2.05x | CN¥-25.09 Million |
| 2013 | 11.33% | 5.04% | 1.04x | 2.16x | CN¥16.06 Million |
| 2014 | 7.08% | 5.35% | 0.78x | 1.69x | CN¥-72.36 Million |
| 2015 | 5.49% | 4.64% | 0.72x | 1.65x | CN¥-116.45 Million |
| 2016 | 5.43% | 4.22% | 0.70x | 1.85x | CN¥-121.14 Million |
| 2017 | 2.92% | 2.10% | 0.63x | 2.19x | CN¥-201.81 Million |
| 2018 | 0.29% | 0.20% | 0.67x | 2.10x | CN¥-270.67 Million |
| 2019 | -3.71% | -3.09% | 0.54x | 2.23x | CN¥-363.33 Million |
| 2020 | 0.61% | 0.56% | 0.53x | 2.08x | CN¥-250.02 Million |
| 2021 | 1.64% | 1.21% | 0.62x | 2.19x | CN¥-223.89 Million |
| 2022 | 2.54% | 1.81% | 0.58x | 2.44x | CN¥-199.16 Million |
| 2023 | 3.48% | 2.50% | 0.62x | 2.24x | CN¥-181.64 Million |
| 2024 | 7.32% | 5.00% | 0.61x | 2.41x | CN¥-77.97 Million |
| 2025 | 14.57% | 8.74% | 0.65x | 2.57x | CN¥153.71 Million |
Industry Comparison
This section compares ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $3,421,590,511
- Average return on equity (ROE) among peers: 7.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (002284) | CN¥3.52 Billion | 16.61% | 1.45x | $1.17 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $9.28 Billion | 7.29% | 0.94x | $1.07 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $6.69 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $18.43 Billion | 0.64% | 0.55x | $2.08 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $77.69 Million | 26.52% | 2.33x | $1.01 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $1.58 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $135.45 Million | 0.00% | 0.93x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $530.98 Million | 0.92% | 1.48x | $675.92 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.20 Billion | 6.30% | 2.26x | $2.16 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $294.66 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $537.43 Million | 18.21% | 0.61x | $4.31 Billion |
About ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd engages in the development, production, and sale of automotive parts and accessories in China and internationally. It offers automotive basic brake systems, automotive chassis electronic intelligent control systems, wheel motors, and wire-controlled chassis. The company also provides electronics, intelligent driving, hub motors, brake calipers… Read more