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

Latest as of September 2025: CN¥4.88 Billion CNY ≈ $714.12 Million USD

Based on the latest financial reports, Zhejiang Weixing New Building Materials Co Ltd (002372) has net assets worth CN¥4.88 Billion CNY (≈ $714.12 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¥6.37 Billion ≈ $932.49 Million USD) and total liabilities (CN¥1.49 Billion ≈ $218.37 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 asset resilience ratio of Zhejiang Weixing New Building Materials to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.88 Billion
% of Total Assets 76.58%
Annual Growth Rate 18.17%
5-Year Change 20.42%
10-Year Change 118.72%
Growth Volatility 94.24

Zhejiang Weixing New Building Materials Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Zhejiang Weixing New Building Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002372 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang Weixing New Building Materials Co Ltd (2006–2024)

The table below shows the annual net assets of Zhejiang Weixing New Building Materials Co Ltd from 2006 to 2024. For live valuation and market cap data, see Zhejiang Weixing New Building Materials stock valuation.

Year Net Assets Change
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 1523.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.53 Billion 49.75%
Common Stock CN¥1.59 Billion 31.26%
Other Components CN¥967.31 Million 18.99%
Total Equity CN¥5.09 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
Koninklijke BAM Groep NV
AS:BAMNB
 $2.58 Billion
CN LGY.PWR.GR.UNSP.ADR/10
F:6WX0
 $2.58 Billion
Beijing Worldia Diamond Tools Co Ltd
SHG:688028
 $2.58 Billion
Oyak Cimento Fabrikalari AS
IS:OYAKC
 $2.58 Billion
MAG Silver Corp
TO:MAG
 $2.58 Billion
CleanSpark Inc
NASDAQ:CLSK
 $2.58 Billion
Maple Leaf Foods Inc.
TO:MFI
 $2.58 Billion
Ero Copper Corp
TO:ERO
 $2.57 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 2023 to 2024, total equity changed from 5,594,026,152 to 5,092,913,572, a change of -501,112,580 (-9.0%).
  • Net income of 952,671,662 contributed positively to equity growth.
  • Dividend payments of 1,414,681,189 reduced retained earnings.
  • Share repurchases of 41,061,350 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥952.67 Million +18.71%
Dividends Paid CN¥1.41 Billion -27.78%
Share Repurchases CN¥41.06 Million -0.81%
Other Changes CN¥1.96 Million +0.04%
Total Change CN¥- -8.96%

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: 3.42x
  • 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 47.00x to 3.42x 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¥0.24 CN¥11.07 x
2007-12-31 CN¥0.21 CN¥11.07 x
2008-12-31 CN¥0.29 CN¥11.07 x
2009-12-31 CN¥0.28 CN¥11.07 x
2010-12-31 CN¥1.15 CN¥11.07 x
2011-12-31 CN¥1.16 CN¥11.07 x
2012-12-31 CN¥1.21 CN¥11.07 x
2013-12-31 CN¥1.31 CN¥11.07 x
2014-12-31 CN¥1.41 CN¥11.07 x
2015-12-31 CN¥1.56 CN¥11.07 x
2016-12-31 CN¥1.76 CN¥11.07 x
2017-12-31 CN¥2.04 CN¥11.07 x
2018-12-31 CN¥2.35 CN¥11.07 x
2019-12-31 CN¥2.48 CN¥11.07 x
2020-12-31 CN¥2.75 CN¥11.07 x
2021-12-31 CN¥3.10 CN¥11.07 x
2022-12-31 CN¥3.36 CN¥11.07 x
2023-12-31 CN¥3.51 CN¥11.07 x
2024-12-31 CN¥3.24 CN¥11.07 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): 18.71%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.20%
  • • Asset Turnover: 0.94x
  • • Equity Multiplier: 1.30x
  • Recent ROE (18.71%) is below the historical average (23.28%), 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

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: $1,355,530,394
  • Average return on equity (ROE) among peers: 5.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Weixing New Building Materials Co Ltd (002372) CN¥4.88 Billion 15.89% 0.31x $2.58 Billion
China Fangda Group Co Ltd (000055) $627.32 Million 3.71% 1.22x $363.04 Million
Huasu Holdings Co Ltd (000509) $288.95 Million -10.72% 2.54x $563.75 Million
Wuhu Conch Profiles and Science Co Ltd (000619) $1.31 Billion 4.44% 0.58x $398.96 Million
Beijing New Building Materials Public Ltd Co (000786) $2.07 Billion 9.74% 1.57x $6.46 Billion
Yantai Moon Co Ltd (000811) $492.51 Million 10.66% 1.40x $3.62 Billion
Tangshan Jidong Equipment Engineering Co Ltd (000856) $433.46 Million 10.62% 0.79x $342.14 Million
Shandong Luyang Share Co Ltd (002088) $2.89 Billion 16.59% 0.36x $741.10 Million
Everjoy Health Group Co Ltd (002162) $950.37 Million 2.56% 1.39x $601.58 Million
XinJiang GuoTong Pipeline Co Ltd (002205) $963.77 Million 1.38% 1.23x $363.87 Million
Puyang Refractories Group Co Ltd (002225) $3.52 Billion 3.83% 1.35x $763.35 Million

About Zhejiang Weixing New Building Materials Co Ltd

SHE:002372 China Building Products & Equipment
Market Cap
$2.58 Billion
CN¥17.62 Billion CNY
Market Cap Rank
#5402 Global
#1085 in China
Share Price
CN¥11.07
Change (1 day)
+2.12%
52-Week Range
CN¥9.97 - 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 home decoration water supply pipeline system, urban water supply, high temperature radiator heating system, building hot and cold-water supply system, air conditioning hot and cold water, w… Read more