Zhejiang Unifull Industrial Fibre Co Ltd (002427) - Net Assets
Based on the latest financial reports, Zhejiang Unifull Industrial Fibre Co Ltd (002427) has net assets worth CN¥946.86 Million CNY (≈ $138.55 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¥2.36 Billion ≈ $345.66 Million USD) and total liabilities (CN¥1.42 Billion ≈ $207.10 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 002427 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¥946.86 Million |
| % of Total Assets | 40.08% |
| Annual Growth Rate | 7.77% |
| 5-Year Change | N/A |
| 10-Year Change | -60.08% |
| Growth Volatility | 599.06 |
Zhejiang Unifull Industrial Fibre Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Zhejiang Unifull Industrial Fibre Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002427 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Unifull Industrial Fibre Co Ltd (2007–2025)
The table below shows the annual net assets of Zhejiang Unifull Industrial Fibre Co Ltd from 2007 to 2025. For live valuation and market cap data, see Zhejiang Unifull Industrial Fibre Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥966.89 Million ≈ $141.49 Million |
+4.11% |
| 2024-12-31 | CN¥928.75 Million ≈ $135.90 Million |
-2.81% |
| 2023-12-31 | CN¥955.59 Million ≈ $139.83 Million |
-8.90% |
| 2022-12-31 | CN¥1.05 Billion ≈ $153.50 Million |
+177.43% |
| 2021-12-31 | CN¥-1.35 Billion ≈ $-198.24 Million |
-2520.64% |
| 2020-12-31 | CN¥55.97 Million ≈ $8.19 Million |
-93.07% |
| 2019-12-31 | CN¥807.08 Million ≈ $118.10 Million |
+7.93% |
| 2018-12-31 | CN¥747.80 Million ≈ $109.43 Million |
-58.43% |
| 2017-12-31 | CN¥1.80 Billion ≈ $263.21 Million |
-25.73% |
| 2016-12-31 | CN¥2.42 Billion ≈ $354.40 Million |
+12.41% |
| 2015-12-31 | CN¥2.15 Billion ≈ $315.28 Million |
+93.83% |
| 2014-12-31 | CN¥1.11 Billion ≈ $162.65 Million |
+10.18% |
| 2013-12-31 | CN¥1.01 Billion ≈ $147.63 Million |
+2.21% |
| 2012-12-31 | CN¥987.01 Million ≈ $144.43 Million |
-0.22% |
| 2011-12-31 | CN¥989.23 Million ≈ $144.76 Million |
+2.01% |
| 2010-12-31 | CN¥969.70 Million ≈ $141.90 Million |
+214.25% |
| 2009-12-31 | CN¥308.57 Million ≈ $45.15 Million |
+30.47% |
| 2008-12-31 | CN¥236.50 Million ≈ $34.61 Million |
-5.90% |
| 2007-12-31 | CN¥251.34 Million ≈ $36.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Unifull Industrial Fibre 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 2111.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.97 Billion | 307.31% |
| Total Equity | CN¥966.66 Million | 100.00% |
Zhejiang Unifull Industrial Fibre Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Unifull Industrial Fibre Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PIMCO Access Income Fund
NYSE:PAXS
|
$648.90 Million |
|
Ningbo Bohui Chemical Technology
SHE:300839
|
$649.16 Million |
|
Aura Biosciences Inc
NASDAQ:AURA
|
$649.27 Million |
|
Newtechwood Corp
SHE:301588
|
$649.32 Million |
|
Guangdong Great River Smarter Logistics Co Ltd Class A
SHE:002930
|
$648.70 Million |
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
$648.25 Million |
|
GMR Solutions Inc.
NYSE:GMRS
|
$648.14 Million |
|
Korea Investment Holdings Co Ltd
KO:071055
|
$648.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Unifull Industrial Fibre Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 928,626,414 to 966,661,265, a change of 38,034,851 (4.1%).
- Net income of 38,034,850 contributed positively to equity growth.
- Dividend payments of 19,560,355 reduced retained earnings.
- Other comprehensive income decreased equity by 97,193,212.
- Other factors increased equity by 116,753,567.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.03 Million | +3.93% |
| Dividends Paid | CN¥19.56 Million | -2.02% |
| Other Comprehensive Income | CN¥-97.19 Million | -10.05% |
| Other Changes | CN¥116.75 Million | +12.08% |
| Total Change | CN¥- | 4.10% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Unifull Industrial Fibre 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: 4.59x
- 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 4.95x to 4.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.91 | CN¥4.50 | x |
| 2008-12-31 | CN¥0.68 | CN¥4.50 | x |
| 2009-12-31 | CN¥0.88 | CN¥4.50 | x |
| 2010-12-31 | CN¥2.37 | CN¥4.50 | x |
| 2011-12-31 | CN¥2.09 | CN¥4.50 | x |
| 2012-12-31 | CN¥2.80 | CN¥4.50 | x |
| 2013-12-31 | CN¥2.61 | CN¥4.50 | x |
| 2014-12-31 | CN¥2.88 | CN¥4.50 | x |
| 2015-12-31 | CN¥5.18 | CN¥4.50 | x |
| 2016-12-31 | CN¥4.99 | CN¥4.50 | x |
| 2017-12-31 | CN¥4.14 | CN¥4.50 | x |
| 2018-12-31 | CN¥1.70 | CN¥4.50 | x |
| 2019-12-31 | CN¥1.80 | CN¥4.50 | x |
| 2020-12-31 | CN¥0.13 | CN¥4.50 | x |
| 2021-12-31 | CN¥-3.09 | CN¥4.50 | x |
| 2022-12-31 | CN¥1.05 | CN¥4.50 | x |
| 2023-12-31 | CN¥0.92 | CN¥4.50 | x |
| 2024-12-31 | CN¥1.03 | CN¥4.50 | x |
| 2025-12-31 | CN¥0.98 | CN¥4.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Unifull Industrial Fibre 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): 3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.70%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.50x
- Recent ROE (3.93%) is above the historical average (-69.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 14.93% | 10.77% | 0.91x | 1.52x | CN¥12.39 Million |
| 2008 | 32.70% | 16.94% | 1.12x | 1.73x | CN¥53.69 Million |
| 2009 | 21.25% | 12.20% | 1.27x | 1.37x | CN¥33.80 Million |
| 2010 | 6.13% | 10.02% | 0.49x | 1.24x | CN¥-36.69 Million |
| 2011 | 3.74% | 4.51% | 0.65x | 1.28x | CN¥-60.43 Million |
| 2012 | 1.39% | 1.47% | 0.49x | 1.94x | CN¥-82.75 Million |
| 2013 | 1.74% | 0.97% | 0.69x | 2.60x | CN¥-81.12 Million |
| 2014 | 8.83% | 3.83% | 0.98x | 2.36x | CN¥-12.59 Million |
| 2015 | 4.74% | 4.99% | 0.65x | 1.45x | CN¥-111.20 Million |
| 2016 | 7.65% | 6.85% | 0.43x | 2.60x | CN¥-51.84 Million |
| 2017 | 18.02% | 6.37% | 0.65x | 4.38x | CN¥144.17 Million |
| 2018 | -140.31% | -27.12% | 0.61x | 8.51x | CN¥-1.12 Billion |
| 2019 | 7.58% | 1.98% | 0.52x | 7.32x | CN¥-19.56 Million |
| 2020 | -1344.38% | -30.70% | 0.45x | 96.70x | CN¥-756.68 Million |
| 2021 | 0.00% | -48.68% | 0.66x | 0.00x | CN¥-1.27 Billion |
| 2022 | 49.32% | 21.14% | 0.99x | 2.37x | CN¥412.40 Million |
| 2023 | -9.76% | -3.61% | 1.03x | 2.62x | CN¥-188.77 Million |
| 2024 | -2.90% | -1.18% | 0.92x | 2.68x | CN¥-119.80 Million |
| 2025 | 3.93% | 1.70% | 0.93x | 2.50x | CN¥-58.63 Million |
Industry Comparison
This section compares Zhejiang Unifull Industrial Fibre Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $3,336,251,388
- Average return on equity (ROE) among peers: 4.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Unifull Industrial Fibre Co Ltd (002427) | CN¥946.86 Million | 14.93% | 1.49x | $648.90 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $355.63 Million | 7.09% | 1.07x | $739.66 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.17 Billion | 2.12% | 1.69x | $3.51 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $4.92 Billion | 0.46% | 1.78x | $1.56 Billion |
| Lu Thai Textile Co Ltd (000726) | $7.02 Billion | 13.66% | 0.23x | $505.21 Million |
| Anhui Huamao Textile Co Ltd (000850) | $747.53 Million | 12.76% | 0.47x | $521.97 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.28 Billion | 0.64% | 1.58x | $1.69 Billion |
| Xinlong Holding Group Co Ltd (000955) | $774.60 Million | -16.53% | 0.37x | $331.68 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $7.24 Billion | 9.36% | 1.21x | $948.17 Million |
| Sunvim Group Co Ltd (002083) | $3.19 Billion | 11.85% | 1.23x | $1.39 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.67 Billion | 5.45% | 0.17x | $283.49 Million |
About Zhejiang Unifull Industrial Fibre Co Ltd
Zhejiang Unifull Industrial Fibre Co., Ltd. engages in the research and development, production, and sale of polyester industrial fibers in China and internationally. The company offers industrial polyester yarns, dipped tire cord fabrics and conveyor belt fabrics, polyester dipped cords, and PVC ceiling soft films through online store. The company was founded in 2003 and is headquartered in Huzh… Read more