Zhejiang Aishida Electric Co Ltd Net Assets
Zhejiang Aishida Electric Co Ltd net assets. Based on the latest financial reports, Zhejiang Aishida Electric Co Ltd (002403) has net assets worth CN¥1.31 Billion CNY (≈ $191.29 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.63 Billion ≈ $678.17 Million USD) and total liabilities (CN¥3.33 Billion ≈ $486.89 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. Also explore Zhejiang Aishida Electric Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.31 Billion |
| % of Total Assets | 28.21% |
| Annual Growth Rate | 11.16% |
| 5-Year Change | -35.99% |
| 10-Year Change | -35.07% |
| Growth Volatility | 64.19 |
Net Assets of Zhejiang Aishida Electric Co Ltd (2006–2025)
Net assets of Zhejiang Aishida Electric Co Ltd from 2006 to 2025. This chart illustrates how Zhejiang Aishida Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Aishida Electric Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Zhejiang Aishida Electric Co Ltd (2006–2025)
The table below shows the annual net assets of Zhejiang Aishida Electric Co Ltd from 2006 to 2025. For live market cap and overall valuation, see how much is Zhejiang Aishida Electric Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.39 Billion ≈ $203.87 Million |
-14.77% |
| 2024-12-31 | CN¥1.63 Billion ≈ $239.20 Million |
-0.54% |
| 2023-12-31 | CN¥1.64 Billion ≈ $240.50 Million |
-19.89% |
| 2022-12-31 | CN¥2.05 Billion ≈ $300.22 Million |
-5.74% |
| 2021-12-31 | CN¥2.18 Billion ≈ $318.51 Million |
-4.09% |
| 2020-12-31 | CN¥2.27 Billion ≈ $332.09 Million |
+4.58% |
| 2019-12-31 | CN¥2.17 Billion ≈ $317.55 Million |
-3.42% |
| 2018-12-31 | CN¥2.25 Billion ≈ $328.79 Million |
+0.24% |
| 2017-12-31 | CN¥2.24 Billion ≈ $328.00 Million |
+4.47% |
| 2016-12-31 | CN¥2.15 Billion ≈ $313.97 Million |
+28.68% |
| 2015-12-31 | CN¥1.67 Billion ≈ $244.00 Million |
+0.02% |
| 2014-12-31 | CN¥1.67 Billion ≈ $243.95 Million |
-0.28% |
| 2013-12-31 | CN¥1.67 Billion ≈ $244.64 Million |
+3.05% |
| 2012-12-31 | CN¥1.62 Billion ≈ $237.40 Million |
+2.15% |
| 2011-12-31 | CN¥1.59 Billion ≈ $232.42 Million |
+1.49% |
| 2010-12-31 | CN¥1.56 Billion ≈ $229.00 Million |
+285.08% |
| 2009-12-31 | CN¥406.40 Million ≈ $59.47 Million |
+27.79% |
| 2008-12-31 | CN¥318.01 Million ≈ $46.54 Million |
+34.16% |
| 2007-12-31 | CN¥237.05 Million ≈ $34.69 Million |
+26.98% |
| 2006-12-31 | CN¥186.69 Million ≈ $27.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Aishida Electric 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 decreased by 129.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Zhejiang Aishida Electric Co Ltd Net Assets Breakdown (December 2025)
Zhejiang Aishida Electric Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.43 Billion | 102.20% |
| Total Equity | CN¥1.40 Billion | 100.00% |
Zhejiang Aishida Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Aishida Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EagleRock Land, LLC
NYSE:EROK
|
$504.70 Million |
|
CoinShares PLC Ordinary Shares
NASDAQ:CSHR
|
$504.72 Million |
|
Ichia Technologies Inc
TW:2402
|
$504.80 Million |
|
Delpha Construction Co Ltd
TW:2530
|
$504.90 Million |
|
M31 Technology Corp
TWO:6643
|
$504.28 Million |
|
Investors Title Company
NASDAQ:ITIC
|
$504.23 Million |
|
Maxic Technology Inc. A
SHG:688458
|
$504.00 Million |
|
C.E. Info Systems Limited
NSE:MAPMYINDIA
|
$503.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Aishida Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,660,171,216 to 1,395,871,373, a change of -264,299,843 (-15.9%).
- Net loss of 216,967,908 reduced equity.
- Dividend payments of 64,130,222 reduced retained earnings.
- Other factors increased equity by 16,798,288.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-216.97 Million | -15.54% |
| Dividends Paid | CN¥64.13 Million | -4.59% |
| Other Changes | CN¥16.80 Million | +1.2% |
| Total Change | CN¥- | -15.92% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Aishida Electric 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: 2.47x
- 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 13.37x to 2.47x 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¥0.76 | CN¥10.12 | x |
| 2007-12-31 | CN¥0.97 | CN¥10.12 | x |
| 2008-12-31 | CN¥1.30 | CN¥10.12 | x |
| 2009-12-31 | CN¥1.67 | CN¥10.12 | x |
| 2010-12-31 | CN¥5.52 | CN¥10.12 | x |
| 2011-12-31 | CN¥4.97 | CN¥10.12 | x |
| 2012-12-31 | CN¥5.08 | CN¥10.12 | x |
| 2013-12-31 | CN¥5.26 | CN¥10.12 | x |
| 2014-12-31 | CN¥5.31 | CN¥10.12 | x |
| 2015-12-31 | CN¥5.29 | CN¥10.12 | x |
| 2016-12-31 | CN¥6.29 | CN¥10.12 | x |
| 2017-12-31 | CN¥6.27 | CN¥10.12 | x |
| 2018-12-31 | CN¥6.27 | CN¥10.12 | x |
| 2019-12-31 | CN¥6.17 | CN¥10.12 | x |
| 2020-12-31 | CN¥6.56 | CN¥10.12 | x |
| 2021-12-31 | CN¥6.36 | CN¥10.12 | x |
| 2022-12-31 | CN¥6.01 | CN¥10.12 | x |
| 2023-12-31 | CN¥4.91 | CN¥10.12 | x |
| 2024-12-31 | CN¥4.41 | CN¥10.12 | x |
| 2025-12-31 | CN¥4.10 | CN¥10.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Aishida Electric 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): -15.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.11%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 3.28x
- Recent ROE (-15.54%) is below the historical average (5.52%), 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 | 26.42% | 3.47% | 1.07x | 7.11x | CN¥29.34 Million |
| 2007 | 26.91% | 4.16% | 1.33x | 4.86x | CN¥38.57 Million |
| 2008 | 24.81% | 4.33% | 1.40x | 4.08x | CN¥44.92 Million |
| 2009 | 21.65% | 5.27% | 1.15x | 3.57x | CN¥45.11 Million |
| 2010 | 4.04% | 3.04% | 0.99x | 1.35x | CN¥-91.86 Million |
| 2011 | 3.87% | 2.73% | 1.05x | 1.35x | CN¥-95.16 Million |
| 2012 | 1.95% | 1.60% | 0.84x | 1.46x | CN¥-127.45 Million |
| 2013 | 2.64% | 2.01% | 0.90x | 1.46x | CN¥-119.82 Million |
| 2014 | 4.90% | 3.69% | 0.82x | 1.63x | CN¥-84.69 Million |
| 2015 | 6.80% | 5.06% | 0.82x | 1.64x | CN¥-53.35 Million |
| 2016 | 6.52% | 5.39% | 0.74x | 1.64x | CN¥-73.25 Million |
| 2017 | 7.82% | 5.62% | 0.71x | 1.96x | CN¥-48.14 Million |
| 2018 | 6.70% | 4.56% | 0.70x | 2.10x | CN¥-73.38 Million |
| 2019 | 5.99% | 3.64% | 0.68x | 2.43x | CN¥-86.12 Million |
| 2020 | 4.57% | 3.55% | 0.53x | 2.45x | CN¥-122.00 Million |
| 2021 | -4.09% | -2.52% | 0.60x | 2.72x | CN¥-305.06 Million |
| 2022 | -3.83% | -2.68% | 0.57x | 2.53x | CN¥-284.30 Million |
| 2023 | -22.63% | -15.40% | 0.52x | 2.81x | CN¥-545.63 Million |
| 2024 | 0.91% | 0.52% | 0.61x | 2.89x | CN¥-150.95 Million |
| 2025 | -15.54% | -8.11% | 0.58x | 3.28x | CN¥-356.56 Million |
Industry Comparison
This section compares Zhejiang Aishida Electric Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $4,064,897,394
- Average return on equity (ROE) among peers: -6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Aishida Electric Co Ltd (002403) | CN¥1.31 Billion | 26.42% | 2.55x | $504.44 Million |
| Suning Commerce Group Co Ltd (002024) | $15.09 Billion | -107.50% | 8.27x | $1.45 Billion |
| Haining China Leather Market Co Ltd (002344) | $7.41 Billion | 4.09% | 0.43x | $728.23 Million |
| Shenzhen Haoningda Meters Co Ltd (002356) | $616.77 Million | -10.00% | 0.37x | $443.24 Million |
| Shenzhen Aisidi Co Ltd (002416) | $5.11 Billion | -1.81% | 1.01x | $1.39 Billion |
| Beijing Sanfo Outdoor Products Co Ltd (002780) | $707.02 Million | 5.17% | 0.56x | $322.55 Million |
| Doctorglasses Chain Co Ltd (300622) | $812.29 Million | 15.77% | 0.38x | $705.79 Million |
| BYBON Group Co Ltd Class A (300736) | $172.01 Million | 23.30% | 0.53x | $473.45 Million |
| Kidswant Children Products Co.Ltd. (301078) | $3.30 Billion | 3.19% | 1.91x | $1.22 Billion |
| Ziel Home Furnishing Technology Co. Ltd. A (301376) | $3.38 Billion | 9.94% | 1.02x | $1.19 Billion |
About Zhejiang Aishida Electric Co Ltd
Aishida Co., Ltd engages in the research, development, manufacture, and sale of cookware and kitchen electric appliances worldwide. It offers cooking utensils, including woks, frying pans, soup and milk pots, pressure cookers, and steamers; small appliances comprising rice cookers, induction cookers, electric pressure cookers, electric kettles, blenders, etc.; and household items, such as kettles… Read more