Zhejiang Yongtai Technology Co Ltd (002326) - Net Assets
Based on the latest financial reports, Zhejiang Yongtai Technology Co Ltd (002326) has net assets worth CN¥2.89 Billion CNY (≈ $423.54 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¥11.10 Billion ≈ $1.62 Billion USD) and total liabilities (CN¥8.21 Billion ≈ $1.20 Billion 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. Also explore how large is Zhejiang Yongtai Technology Co Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 002326 market cap overview.
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. Explore Zhejiang Yongtai Technology Co Ltd cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.84 Billion ≈ $416.04 Million |
-15.85% |
| 2023-12-31 | CN¥3.38 Billion ≈ $494.44 Million |
-9.80% |
| 2022-12-31 | CN¥3.75 Billion ≈ $548.13 Million |
+0.30% |
| 2021-12-31 | CN¥3.73 Billion ≈ $546.50 Million |
+7.51% |
| 2020-12-31 | CN¥3.47 Billion ≈ $508.30 Million |
+3.34% |
| 2019-12-31 | CN¥3.36 Billion ≈ $491.85 Million |
+6.29% |
| 2018-12-31 | CN¥3.16 Billion ≈ $462.76 Million |
+13.27% |
| 2017-12-31 | CN¥2.79 Billion ≈ $408.54 Million |
+30.01% |
| 2016-12-31 | CN¥2.15 Billion ≈ $314.22 Million |
+12.33% |
| 2015-12-31 | CN¥1.91 Billion ≈ $279.73 Million |
+10.53% |
| 2014-12-31 | CN¥1.73 Billion ≈ $253.08 Million |
+65.35% |
| 2013-12-31 | CN¥1.05 Billion ≈ $153.05 Million |
-0.54% |
| 2012-12-31 | CN¥1.05 Billion ≈ $153.89 Million |
+6.51% |
| 2011-12-31 | CN¥987.32 Million ≈ $144.48 Million |
+11.98% |
| 2010-12-31 | CN¥881.66 Million ≈ $129.01 Million |
+2.12% |
| 2009-12-31 | CN¥863.39 Million ≈ $126.34 Million |
+364.32% |
| 2008-12-31 | CN¥185.95 Million ≈ $27.21 Million |
+30.34% |
| 2007-12-31 | CN¥142.66 Million ≈ $20.88 Million |
+40.39% |
| 2006-12-31 | CN¥101.62 Million ≈ $14.87 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 |
|---|---|
|
WesBanco Inc
NASDAQ:WSBC
|
$3.32 Billion |
|
CI Financial Corp
TO:CIX
|
$3.32 Billion |
|
Trigano S.A.
PA:TRI
|
$3.32 Billion |
|
Liquidia Technologies Inc
NASDAQ:LQDA
|
$3.32 Billion |
|
CIA EN.GER. ADR 1
F:CIDS
|
$3.31 Billion |
|
Denison Mines Corp
TO:DML
|
$3.31 Billion |
|
TELEPERFORMANCE SE ADR
F:RCF0
|
$3.31 Billion |
|
Bread Financial Holdings, Inc.
NYSE:BFH
|
$3.31 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: 8.42x
- 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 137.29x to 8.42x 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¥24.46 | x |
| 2007-12-31 | CN¥0.25 | CN¥24.46 | x |
| 2008-12-31 | CN¥0.23 | CN¥24.46 | x |
| 2009-12-31 | CN¥1.52 | CN¥24.46 | x |
| 2010-12-31 | CN¥1.16 | CN¥24.46 | x |
| 2011-12-31 | CN¥1.28 | CN¥24.46 | x |
| 2012-12-31 | CN¥1.35 | CN¥24.46 | x |
| 2013-12-31 | CN¥1.29 | CN¥24.46 | x |
| 2014-12-31 | CN¥2.17 | CN¥24.46 | x |
| 2015-12-31 | CN¥2.08 | CN¥24.46 | x |
| 2016-12-31 | CN¥2.36 | CN¥24.46 | x |
| 2017-12-31 | CN¥2.88 | CN¥24.46 | x |
| 2018-12-31 | CN¥3.41 | CN¥24.46 | x |
| 2019-12-31 | CN¥3.65 | CN¥24.46 | x |
| 2020-12-31 | CN¥3.82 | CN¥24.46 | x |
| 2021-12-31 | CN¥4.02 | CN¥24.46 | x |
| 2022-12-31 | CN¥3.91 | CN¥24.46 | x |
| 2023-12-31 | CN¥3.52 | CN¥24.46 | x |
| 2024-12-31 | CN¥2.90 | CN¥24.46 | 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: $3,753,590,140
- Average return on equity (ROE) among peers: 4.05%
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 | $3.31 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.75 Billion | 1.31% | 0.67x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.94 Billion | 4.27% | 0.66x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $22.55 Billion | 3.40% | 1.79x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $5.99 Billion | 15.23% | 0.23x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.33 Billion | -13.31% | 0.95x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $-43.13 Million | 0.00% | 0.00x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $1.96 Billion | 5.59% | 2.49x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $607.74 Million | 6.51% | 4.22x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $702.67 Million | 17.21% | 0.08x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $757.37 Million | 0.29% | 1.64x | $4.87 Billion |
About Zhejiang Yongtai Technology Co Ltd
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