Zhejiang Weixing New Building Materials Co Ltd (002372) - Net Assets

Latest as of March 2026: CN¥5.05 Billion CNY ≈ $739.10 Million USD

Based on the latest financial reports, Zhejiang Weixing New Building Materials Co Ltd (002372) has net assets worth CN¥5.05 Billion CNY (≈ $739.10 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¥6.44 Billion ≈ $942.65 Million USD) and total liabilities (CN¥1.39 Billion ≈ $203.55 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 Weixing New Building Materials tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥5.05 Billion
% of Total Assets 78.41%
Annual Growth Rate 16.76%
5-Year Change -0.34%
10-Year Change 79.05%
Growth Volatility 92.12

Zhejiang Weixing New Building Materials Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Zhejiang Weixing New Building Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Weixing New Building Materials (002372) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Zhejiang Weixing New Building Materials Co Ltd (2006–2025)

The table below shows the annual net assets of Zhejiang Weixing New Building Materials Co Ltd from 2006 to 2025. For live valuation and market cap data, see Zhejiang Weixing New Building Materials stock valuation.

Year Net Assets Change
2025-12-31 CN¥4.92 Billion
≈ $719.75 Million		 -6.04%
2024-12-31 CN¥5.23 Billion
≈ $765.99 Million		 -8.95%
2023-12-31 CN¥5.75 Billion
≈ $841.30 Million		 +5.48%
2022-12-31 CN¥5.45 Billion
≈ $797.56 Million		 +10.44%
2021-12-31 CN¥4.94 Billion
≈ $722.19 Million		 +13.54%
2020-12-31 CN¥4.35 Billion
≈ $636.07 Million		 +11.29%
2019-12-31 CN¥3.91 Billion
≈ $571.53 Million		 +6.79%
2018-12-31 CN¥3.66 Billion
≈ $535.17 Million		 +13.91%
2017-12-31 CN¥3.21 Billion
≈ $469.80 Million		 +16.87%
2016-12-31 CN¥2.75 Billion
≈ $401.98 Million		 +14.78%
2015-12-31 CN¥2.39 Billion
≈ $350.22 Million		 +13.05%
2014-12-31 CN¥2.12 Billion
≈ $309.78 Million		 +8.83%
2013-12-31 CN¥1.95 Billion
≈ $284.66 Million		 +9.76%
2012-12-31 CN¥1.77 Billion
≈ $259.35 Million		 +3.17%
2011-12-31 CN¥1.72 Billion
≈ $251.37 Million		 +9.22%
2010-12-31 CN¥1.57 Billion
≈ $230.14 Million		 +417.44%
2009-12-31 CN¥303.95 Million
≈ $44.48 Million		 -5.99%
2008-12-31 CN¥323.32 Million
≈ $47.31 Million		 +41.69%
2007-12-31 CN¥228.19 Million
≈ $33.39 Million		 -11.93%
2006-12-31 CN¥259.11 Million
≈ $37.92 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Weixing New Building Materials 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 1394.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥2.33 Billion 47.72%
Other Components CN¥2.55 Billion 52.28%
Total Equity CN¥4.89 Billion 100.00%

Zhejiang Weixing New Building Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Weixing New Building Materials Co Ltd ranked by their market capitalization.

Company Market Cap
Intralot S.A. Integrated Lottery Systems and Services
AT:INLOT
 $2.01 Billion
Spartan Resources Ltd
AU:SPR
 $2.01 Billion
Vanchip (Tianjin) Technology Co. Ltd. A
SHG:688153
 $2.02 Billion
SAGILITY INDIA LIMITED
NSE:SAGILITY
 $2.02 Billion
Agilysys Inc
NASDAQ:AGYS
 $2.01 Billion
Afi Properties Ltd
TA:AFPR
 $2.01 Billion
Shanghai Luxin Packing Materials Science&Technology Co Ltd
SHE:002565
 $2.01 Billion
Electricity Generating Public Company Limited
BK:EGCO
 $2.01 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,092,913,572 to 4,885,254,164, a change of -207,659,408 (-4.1%).
  • Net income of 740,777,487 contributed positively to equity growth.
  • Dividend payments of 946,477,759 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥740.78 Million +15.16%
Dividends Paid CN¥946.48 Million -19.37%
Other Changes CN¥-1.96 Million -0.04%
Total Change CN¥- -4.08%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Weixing New Building Materials 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: 2.82x
  • 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 36.68x to 2.82x 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¥0.24 CN¥8.64 x
2007-12-31 CN¥0.21 CN¥8.64 x
2008-12-31 CN¥0.29 CN¥8.64 x
2009-12-31 CN¥0.28 CN¥8.64 x
2010-12-31 CN¥1.15 CN¥8.64 x
2011-12-31 CN¥1.16 CN¥8.64 x
2012-12-31 CN¥1.21 CN¥8.64 x
2013-12-31 CN¥1.31 CN¥8.64 x
2014-12-31 CN¥1.41 CN¥8.64 x
2015-12-31 CN¥1.56 CN¥8.64 x
2016-12-31 CN¥1.76 CN¥8.64 x
2017-12-31 CN¥2.04 CN¥8.64 x
2018-12-31 CN¥2.35 CN¥8.64 x
2019-12-31 CN¥2.48 CN¥8.64 x
2020-12-31 CN¥2.75 CN¥8.64 x
2021-12-31 CN¥3.10 CN¥8.64 x
2022-12-31 CN¥3.36 CN¥8.64 x
2023-12-31 CN¥3.51 CN¥8.64 x
2024-12-31 CN¥3.24 CN¥8.64 x
2025-12-31 CN¥3.07 CN¥8.64 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Weixing New Building Materials 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): 15.16%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.76%
  • • Asset Turnover: 0.84x
  • • Equity Multiplier: 1.31x
  • Recent ROE (15.16%) is below the historical average (22.88%), 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 15.89% 8.81% 0.85x 2.12x CN¥15.29 Million
2007 38.34% 12.49% 1.37x 2.24x CN¥64.67 Million
2008 29.42% 10.61% 1.38x 2.01x CN¥62.80 Million
2009 43.63% 14.25% 1.42x 2.15x CN¥102.23 Million
2010 10.82% 13.62% 0.66x 1.20x CN¥12.84 Million
2011 12.76% 12.92% 0.80x 1.24x CN¥47.47 Million
2012 13.31% 12.70% 0.89x 1.18x CN¥58.70 Million
2013 16.23% 14.62% 0.94x 1.18x CN¥121.14 Million
2014 18.32% 16.47% 0.92x 1.21x CN¥176.05 Million
2015 20.24% 17.64% 0.95x 1.21x CN¥245.08 Million
2016 24.42% 20.19% 0.90x 1.34x CN¥396.00 Million
2017 25.68% 21.04% 0.93x 1.31x CN¥501.46 Million
2018 26.85% 21.41% 0.99x 1.27x CN¥613.91 Million
2019 25.30% 21.08% 0.97x 1.24x CN¥594.57 Million
2020 27.59% 23.36% 0.90x 1.31x CN¥760.31 Million
2021 24.93% 19.15% 0.99x 1.31x CN¥732.60 Million
2022 24.36% 18.66% 1.00x 1.30x CN¥764.78 Million
2023 25.61% 22.46% 0.87x 1.30x CN¥873.01 Million
2024 18.71% 15.20% 0.94x 1.30x CN¥443.38 Million
2025 15.16% 13.76% 0.84x 1.31x CN¥252.25 Million

Industry Comparison

This section compares Zhejiang Weixing New Building Materials Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

  • Industry: Building Products & Equipment
  • Average net assets among peers: $1,203,929,046
  • Average return on equity (ROE) among peers: 1.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Weixing New Building Materials Co Ltd (002372) CN¥5.05 Billion 15.89% 0.28x $2.01 Billion
China Fangda Group Co Ltd (000055) $1.03 Billion 6.71% 0.24x $363.04 Million
Huasu Holdings Co Ltd (000509) $381.72 Million 7.32% 0.61x $637.55 Million
Wuhu Conch Profiles and Science Co Ltd (000619) $13.52 Million 0.00% 1.72x $309.87 Million
Beijing New Building Materials Public Ltd Co (000786) $2.73 Billion 11.77% 1.19x $4.91 Billion
Yantai Moon Co Ltd (000811) $642.91 Million 12.93% 1.44x $5.83 Billion
Tangshan Jidong Equipment Engineering Co Ltd (000856) $458.32 Million -6.31% 1.31x $258.43 Million
Shandong Luyang Share Co Ltd (002088) $1.45 Billion 5.84% 0.28x $660.76 Million
Everjoy Health Group Co Ltd (002162) $843.78 Million -17.44% 1.44x $476.42 Million
XinJiang GuoTong Pipeline Co Ltd (002205) $959.33 Million -5.52% 0.75x $299.41 Million
Puyang Refractories Group Co Ltd (002225) $3.52 Billion 3.83% 1.35x $714.16 Million

About Zhejiang Weixing New Building Materials Co Ltd

SHE:002372 China Building Products & Equipment
Market Cap
$2.01 Billion
CN¥13.76 Billion CNY
Market Cap Rank
#6307 Global
#1330 in China
Share Price
CN¥8.64
Change (1 day)
-0.69%
52-Week Range
CN¥8.64 - CN¥12.58
All Time High
CN¥358.59
Categories
Companies in China Building Products & Equipment
About

Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company offers PP-R, PE, polypropylene-random-copolymer, PE-Xb, F-PPR, and PP-R/AL pipes for water supply applications. It also provides PE corrugated, PVC-U, and PE pipes for sewerage applications; PB-R, PE-RT II, PE-RT I, PB, and PE-XB pipes for heating applications; and plumbing… Read more