Zhejiang JIULI Hi-tech Metals Co Ltd (002318) - Net Assets

Latest as of March 2026: CN¥9.38 Billion CNY ≈ $1.37 Billion USD

Based on the latest financial reports, Zhejiang JIULI Hi-tech Metals Co Ltd (002318) has net assets worth CN¥9.38 Billion CNY (≈ $1.37 Billion 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¥13.73 Billion ≈ $2.01 Billion USD) and total liabilities (CN¥4.35 Billion ≈ $636.69 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 JIULI Hi-tech Metals 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¥9.38 Billion
% of Total Assets 68.3%
Annual Growth Rate 20.96%
5-Year Change 68.55%
10-Year Change 231.28%
Growth Volatility 50.13

Zhejiang JIULI Hi-tech Metals Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Zhejiang JIULI Hi-tech Metals Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002318 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Zhejiang JIULI Hi-tech Metals Co Ltd (2006–2025)

The table below shows the annual net assets of Zhejiang JIULI Hi-tech Metals Co Ltd from 2006 to 2025. For live valuation and market cap data, see 002318 company net worth.

Year Net Assets Change
2025-12-31 CN¥8.87 Billion
≈ $1.30 Billion		 +9.25%
2024-12-31 CN¥8.12 Billion
≈ $1.19 Billion		 +8.92%
2023-12-31 CN¥7.45 Billion
≈ $1.09 Billion		 +15.91%
2022-12-31 CN¥6.43 Billion
≈ $940.75 Million		 +22.20%
2021-12-31 CN¥5.26 Billion
≈ $769.86 Million		 +6.28%
2020-12-31 CN¥4.95 Billion
≈ $724.35 Million		 +38.91%
2019-12-31 CN¥3.56 Billion
≈ $521.45 Million		 +8.30%
2018-12-31 CN¥3.29 Billion
≈ $481.49 Million		 +10.02%
2017-12-31 CN¥2.99 Billion
≈ $437.64 Million		 +11.73%
2016-12-31 CN¥2.68 Billion
≈ $391.69 Million		 +5.08%
2015-12-31 CN¥2.55 Billion
≈ $372.77 Million		 +2.11%
2014-12-31 CN¥2.49 Billion
≈ $365.05 Million		 +34.25%
2013-12-31 CN¥1.86 Billion
≈ $271.92 Million		 +11.35%
2012-12-31 CN¥1.67 Billion
≈ $244.20 Million		 +6.18%
2011-12-31 CN¥1.57 Billion
≈ $229.98 Million		 +9.51%
2010-12-31 CN¥1.44 Billion
≈ $210.00 Million		 +4.03%
2009-12-31 CN¥1.38 Billion
≈ $201.87 Million		 +233.80%
2008-12-31 CN¥413.28 Million
≈ $60.48 Million		 +26.33%
2007-12-31 CN¥327.15 Million
≈ $47.87 Million		 +37.09%
2006-12-31 CN¥238.64 Million
≈ $34.92 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang JIULI Hi-tech Metals 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 11154.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥5.39 Billion 62.54%
Other Components CN¥3.23 Billion 37.46%
Total Equity CN¥8.61 Billion 100.00%

Zhejiang JIULI Hi-tech Metals Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang JIULI Hi-tech Metals Co Ltd ranked by their market capitalization.

Company Market Cap
Shandong Shida Shenghua Chem
SHG:603026
 $3.38 Billion
Pacific Securities Co Ltd
SHG:601099
 $3.38 Billion
China First Heavy Industries
SHG:601106
 $3.38 Billion
China Minsheng Banking Corp. Ltd
F:GHFH
 $3.39 Billion
Lepu Medical Tech Beijing
SHE:300003
 $3.38 Billion
Avient Corp
NYSE:AVNT
 $3.38 Billion
Knowles Cor
NYSE:KN
 $3.38 Billion
Zhuhai CosMX Battery Co Ltd
SHG:688772
 $3.37 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang JIULI Hi-tech Metals Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,879,483,053 to 8,611,196,909, a change of 731,713,856 (9.3%).
  • Net income of 1,509,372,936 contributed positively to equity growth.
  • Dividend payments of 932,202,850 reduced retained earnings.
  • Other comprehensive income decreased equity by 930,627,736.
  • Other factors increased equity by 1,085,171,506.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥1.51 Billion +17.53%
Dividends Paid CN¥932.20 Million -10.83%
Other Comprehensive Income CN¥-930.63 Million -10.81%
Other Changes CN¥1.09 Billion +12.6%
Total Change CN¥- 9.29%

Book Value vs Market Value Analysis

This analysis compares Zhejiang JIULI Hi-tech Metals 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: 2.68x
  • 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 61.54x to 2.68x 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¥0.38 CN¥23.62 x
2007-12-31 CN¥0.48 CN¥23.62 x
2008-12-31 CN¥0.63 CN¥23.62 x
2009-12-31 CN¥2.26 CN¥23.62 x
2010-12-31 CN¥1.76 CN¥23.62 x
2011-12-31 CN¥1.94 CN¥23.62 x
2012-12-31 CN¥2.07 CN¥23.62 x
2013-12-31 CN¥2.30 CN¥23.62 x
2014-12-31 CN¥3.04 CN¥23.62 x
2015-12-31 CN¥3.01 CN¥23.62 x
2016-12-31 CN¥3.12 CN¥23.62 x
2017-12-31 CN¥3.46 CN¥23.62 x
2018-12-31 CN¥3.76 CN¥23.62 x
2019-12-31 CN¥4.06 CN¥23.62 x
2020-12-31 CN¥4.98 CN¥23.62 x
2021-12-31 CN¥5.31 CN¥23.62 x
2022-12-31 CN¥6.52 CN¥23.62 x
2023-12-31 CN¥7.41 CN¥23.62 x
2024-12-31 CN¥8.19 CN¥23.62 x
2025-12-31 CN¥8.81 CN¥23.62 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang JIULI Hi-tech Metals 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): 17.53%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.52%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 1.62x
  • Recent ROE (17.53%) is above the historical average (13.67%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 23.51% 4.28% 1.18x 4.64x CN¥27.11 Million
2007 28.39% 3.86% 1.76x 4.17x CN¥52.13 Million
2008 22.28% 3.91% 1.64x 3.48x CN¥44.77 Million
2009 7.21% 6.03% 0.78x 1.53x CN¥-36.97 Million
2010 5.30% 4.10% 0.92x 1.41x CN¥-64.88 Million
2011 7.45% 4.98% 0.86x 1.74x CN¥-38.34 Million
2012 9.68% 5.82% 0.96x 1.72x CN¥-5.10 Million
2013 12.16% 7.62% 0.92x 1.74x CN¥38.61 Million
2014 7.90% 6.55% 0.82x 1.46x CN¥-50.53 Million
2015 4.99% 4.51% 0.75x 1.48x CN¥-123.32 Million
2016 6.42% 6.22% 0.70x 1.48x CN¥-93.65 Million
2017 4.62% 4.72% 0.57x 1.71x CN¥-155.92 Million
2018 9.57% 7.47% 0.78x 1.63x CN¥-13.61 Million
2019 14.62% 11.27% 0.74x 1.75x CN¥158.02 Million
2020 16.06% 15.57% 0.73x 1.42x CN¥291.03 Million
2021 15.58% 13.29% 0.76x 1.54x CN¥284.42 Million
2022 20.71% 19.70% 0.66x 1.59x CN¥666.03 Million
2023 20.55% 17.37% 0.66x 1.80x CN¥764.10 Million
2024 18.91% 13.65% 0.77x 1.80x CN¥702.43 Million
2025 17.53% 12.52% 0.87x 1.62x CN¥648.25 Million

Industry Comparison

This section compares Zhejiang JIULI Hi-tech Metals Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $13,742,031,381
  • Average return on equity (ROE) among peers: 9.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang JIULI Hi-tech Metals Co Ltd (002318) CN¥9.38 Billion 23.51% 0.46x $3.38 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $751.74 Million 14.78% 2.09x $9.81 Billion
HBIS Co Ltd (000709) $11.99 Billion 17.89% 1.97x $3.07 Billion
Sgis Songshan Co Ltd (000717) $4.32 Billion 22.73% 0.86x $720.01 Million
Bengang Steel Plates Co Ltd (000761) $3.44 Billion 10.17% 0.38x $1.22 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778) $6.54 Billion 7.81% 1.19x $2.30 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $25.90 Billion 4.27% 1.68x $3.00 Billion
Jiangsu Fasten Co Ltd (000890) $1.13 Billion 0.57% 1.86x $519.33 Million
Angang Steel Co Ltd Class A (000898) $11.33 Billion 18.35% 0.26x $2.22 Billion
Hunan Valin Steel Co Ltd (000932) $17.42 Billion 0.69% 2.69x $3.71 Billion
Beijing Shougang Co Ltd (000959) $54.60 Billion 0.86% 1.41x $3.62 Billion

About Zhejiang JIULI Hi-tech Metals Co Ltd

SHE:002318 China Steel
Market Cap
$3.38 Billion
CN¥23.08 Billion CNY
Market Cap Rank
#4659 Global
#833 in China
Share Price
CN¥23.62
Change (1 day)
-4.57%
52-Week Range
CN¥21.79 - CN¥35.54
All Time High
CN¥35.54
Categories
Companies in China Steel
About

Zhejiang JIULI Hi-tech Metals Co., Ltd researches and develops, manufactures, and sells industrial stainless steel and special alloy pipes, bars, wires, bimetal composite pipes, pipe fittings, and other pipeline products in China and internationally. Its products include stainless steel pipes/tubes, corrosion and high temperature resistant alloys, titanium alloys tubes, flanges, steel bars, nicke… Read more