Zhejiang Yongtai Technology Co Ltd

SHE:002326 China Chemicals
Market Cap
$3.07 Billion
CN¥22.52 Billion CNY
Market Cap Rank
#4766 Global
#537 in China
Share Price
CN¥24.34
Change (1 day)
+0.95%
52-Week Range
CN¥8.92 - CN¥31.03
All Time High
CN¥76.17
Categories
Companies in China Chemicals
About

Zhejiang Yongtai Technology Co.,Ltd. engages in the manufacture and sale of fluorinated pharmaceuticals, crop science, and new energy materials primarily in China. Its products include fluorinated polymers, fluorinated fine chemicals, refrigerants, foaming agents, and fire extinguishers, etc. The company trades herbicides, fungicides, insecticides, and other pesticide active ingredients and formu… Read more

Zhejiang Yongtai Technology Co Ltd (002326) - Net Assets

Latest net assets as of September 2025: CN¥2.89 Billion CNY

Based on the latest financial reports, Zhejiang Yongtai Technology Co Ltd (002326) has net assets worth CN¥2.89 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¥11.10 Billion) and total liabilities (CN¥8.21 Billion). 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¥2.89 Billion
% of Total Assets 26.06%
Annual Growth Rate 20.33%
5-Year Change -18.15%
10-Year Change 48.73%
Growth Volatility 82.65

Zhejiang Yongtai Technology Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Zhejiang Yongtai Technology 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 Yongtai Technology Co Ltd (2006–2024)

The table below shows the annual net assets of Zhejiang Yongtai Technology Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.84 Billion -15.85%
2023-12-31 CN¥3.38 Billion -9.80%
2022-12-31 CN¥3.75 Billion +0.30%
2021-12-31 CN¥3.73 Billion +7.51%
2020-12-31 CN¥3.47 Billion +3.34%
2019-12-31 CN¥3.36 Billion +6.29%
2018-12-31 CN¥3.16 Billion +13.27%
2017-12-31 CN¥2.79 Billion +30.01%
2016-12-31 CN¥2.15 Billion +12.33%
2015-12-31 CN¥1.91 Billion +10.53%
2014-12-31 CN¥1.73 Billion +65.35%
2013-12-31 CN¥1.05 Billion -0.54%
2012-12-31 CN¥1.05 Billion +6.51%
2011-12-31 CN¥987.32 Million +11.98%
2010-12-31 CN¥881.66 Million +2.12%
2009-12-31 CN¥863.39 Million +364.32%
2008-12-31 CN¥185.95 Million +30.34%
2007-12-31 CN¥142.66 Million +40.39%
2006-12-31 CN¥101.62 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Yongtai Technology 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 1331.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥865.51 Million 32.40%
Common Stock CN¥925.40 Million 34.64%
Other Components CN¥880.36 Million 32.96%
Total Equity CN¥2.67 Billion 100.00%

Zhejiang Yongtai Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Yongtai Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Northam Platinum Holdings Limited
PINK:NPTLF
 		$2.14 Billion
IAC INC. DL-0001
F:4LRA
 		$2.14 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd
SHE:000983
 		$2.14 Billion
Helios Technologies Inc
NYSE:HLIO
 		$2.14 Billion
Northwest Natural Gas Co
NYSE:NWN
 		$2.14 Billion
Boc International China Co Ltd
SHG:601696
 		$2.14 Billion
Sacyr S.A
F:VHM
 		$2.14 Billion
Swancor Advanced Materials Co Ltd
SHG:688585
 		$2.14 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Yongtai Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,162,895,712 to 2,671,269,113, a change of -491,626,599 (-15.5%).
  • Net loss of 478,353,978 reduced equity.
  • Dividend payments of 159,712,617 reduced retained earnings.
  • Other comprehensive income increased equity by 309,928,260.
  • Other factors decreased equity by 163,488,264.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-478.35 Million -17.91%
Dividends Paid CN¥159.71 Million -5.98%
Other Comprehensive Income CN¥309.93 Million +11.6%
Other Changes CN¥-163.49 Million -6.12%
Total Change CN¥- -15.54%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Yongtai Technology 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: 8.38x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 136.62x to 8.38x 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¥0.18 CN¥24.34 x
2007-12-31 CN¥0.25 CN¥24.34 x
2008-12-31 CN¥0.23 CN¥24.34 x
2009-12-31 CN¥1.52 CN¥24.34 x
2010-12-31 CN¥1.16 CN¥24.34 x
2011-12-31 CN¥1.28 CN¥24.34 x
2012-12-31 CN¥1.35 CN¥24.34 x
2013-12-31 CN¥1.29 CN¥24.34 x
2014-12-31 CN¥2.17 CN¥24.34 x
2015-12-31 CN¥2.08 CN¥24.34 x
2016-12-31 CN¥2.36 CN¥24.34 x
2017-12-31 CN¥2.88 CN¥24.34 x
2018-12-31 CN¥3.41 CN¥24.34 x
2019-12-31 CN¥3.65 CN¥24.34 x
2020-12-31 CN¥3.82 CN¥24.34 x
2021-12-31 CN¥4.02 CN¥24.34 x
2022-12-31 CN¥3.91 CN¥24.34 x
2023-12-31 CN¥3.52 CN¥24.34 x
2024-12-31 CN¥2.90 CN¥24.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Yongtai Technology 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): -17.91%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.42%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 4.19x
  • Recent ROE (-17.91%) is below the historical average (8.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 43.73% 16.79% 0.93x 2.79x CN¥33.76 Million
2007 28.84% 14.26% 0.69x 2.95x CN¥26.88 Million
2008 23.28% 11.01% 0.85x 2.48x CN¥24.69 Million
2009 6.63% 11.62% 0.39x 1.46x CN¥-29.10 Million
2010 6.61% 11.41% 0.41x 1.40x CN¥-29.85 Million
2011 6.74% 8.78% 0.44x 1.76x CN¥-30.83 Million
2012 6.37% 7.67% 0.48x 1.75x CN¥-36.63 Million
2013 1.97% 2.58% 0.40x 1.94x CN¥-80.67 Million
2014 4.93% 7.85% 0.42x 1.49x CN¥-85.57 Million
2015 7.71% 9.36% 0.45x 1.84x CN¥-42.95 Million
2016 13.24% 15.84% 0.39x 2.13x CN¥67.73 Million
2017 6.81% 6.62% 0.47x 2.19x CN¥-85.17 Million
2018 14.68% 13.40% 0.50x 2.21x CN¥140.84 Million
2019 8.50% 7.92% 0.50x 2.15x CN¥-47.92 Million
2020 3.59% 3.48% 0.45x 2.31x CN¥-214.61 Million
2021 7.96% 6.27% 0.46x 2.76x CN¥-71.95 Million
2022 16.17% 8.77% 0.56x 3.31x CN¥211.38 Million
2023 -19.59% -15.01% 0.36x 3.61x CN¥-936.05 Million
2024 -17.91% -10.42% 0.41x 4.19x CN¥-745.48 Million

Industry Comparison

This section compares Zhejiang Yongtai Technology Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $3,426,439,570
  • Average return on equity (ROE) among peers: 7.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Yongtai Technology Co Ltd (002326) CN¥2.89 Billion 43.73% 2.84x $2.14 Billion
North Huajin Chemical Industries Co Ltd (000059) $14.88 Billion 6.33% 1.16x $685.81 Million
Sichuan Chemical Co Ltd (000155) $10.05 Billion 7.93% 1.17x $2.22 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $2.47 Billion 6.91% 0.55x $2.91 Billion
Zangge Holding Co Ltd (000408) $477.67 Million 1.53% 1.45x $11.89 Billion
Sichuan Jinlu Group Co Ltd (000510) $754.79 Million 9.90% 0.56x $1.16 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $308.01 Million 5.65% 0.37x $437.84 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $560.43 Million 4.68% 0.78x $227.24 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.77 Billion 1.89% 0.12x $300.74 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $1.17 Billion 7.04% 1.48x $190.70 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $826.34 Million 20.99% 1.92x $3.00 Billion