Zhejiang Runtu Co Ltd
Zhejiang Runtu Co., Ltd. engages in the production and sale of dyes in China. It offers disperse dyes, reactive dyes, direct dyes, blend dyes, cationic dyes, and vat dyes, as well as chemical intermediate, textile auxiliaries, sodium hydrosulfite, sulfuric acid, and chlorinate alkali. The company was founded in 1986 and is headquartered in Shaoxing, China.
Zhejiang Runtu Co Ltd (002440) - Net Assets
Latest net assets as of September 2025: CN¥9.75 Billion CNY
Based on the latest financial reports, Zhejiang Runtu Co Ltd (002440) has net assets worth CN¥9.75 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.51 Billion) and total liabilities (CN¥1.76 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.75 Billion |
| % of Total Assets | 84.68% |
| Annual Growth Rate | 17.3% |
| 5-Year Change | 3.0% |
| 10-Year Change | 55.69% |
| Growth Volatility | 51.68 |
Zhejiang Runtu Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Zhejiang Runtu Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Runtu Co Ltd (2007–2024)
The table below shows the annual net assets of Zhejiang Runtu Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.62 Billion | -0.41% |
| 2023-12-31 | CN¥9.66 Billion | -1.89% |
| 2022-12-31 | CN¥9.85 Billion | +2.66% |
| 2021-12-31 | CN¥9.59 Billion | +2.68% |
| 2020-12-31 | CN¥9.34 Billion | +3.85% |
| 2019-12-31 | CN¥8.99 Billion | +9.54% |
| 2018-12-31 | CN¥8.21 Billion | +13.51% |
| 2017-12-31 | CN¥7.23 Billion | +11.32% |
| 2016-12-31 | CN¥6.50 Billion | +5.17% |
| 2015-12-31 | CN¥6.18 Billion | +1.91% |
| 2014-12-31 | CN¥6.06 Billion | +19.66% |
| 2013-12-31 | CN¥5.07 Billion | +16.90% |
| 2012-12-31 | CN¥4.33 Billion | +4.35% |
| 2011-12-31 | CN¥4.15 Billion | +12.28% |
| 2010-12-31 | CN¥3.70 Billion | +225.11% |
| 2009-12-31 | CN¥1.14 Billion | +22.34% |
| 2008-12-31 | CN¥930.08 Million | +45.77% |
| 2007-12-31 | CN¥638.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Runtu 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 2048.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.68 Billion | 71.28% |
| Common Stock | CN¥1.12 Billion | 12.00% |
| Other Comprehensive Income | CN¥835.26 Million | 8.92% |
| Other Components | CN¥730.47 Million | 7.80% |
| Total Equity | CN¥9.37 Billion | 100.00% |
Zhejiang Runtu Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Runtu Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
53N
F:53N
|
$937.43 Million |
|
PTT Oil and Retail Business Public Company Limited
BK:OR
|
$937.47 Million |
|
Ambea AB (publ)
F:6MA
|
$937.47 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
$937.49 Million |
|
NWS Holdings Limited
PINK:NWSZF
|
$936.89 Million |
|
Danaos Corporation
NYSE:DAC
|
$936.83 Million |
|
Emami Limited
NSE:EMAMILTD
|
$936.77 Million |
|
Jiangsu Phoenix Publishing & Media Corp Ltd
SHG:601928
|
$936.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Runtu Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,408,100,354 to 9,365,275,218, a change of -42,825,136 (-0.5%).
- Net income of 213,487,443 contributed positively to equity growth.
- Dividend payments of 184,064,402 reduced retained earnings.
- Share repurchases of 177,977,148 reduced equity.
- Other comprehensive income increased equity by 835,259,161.
- Other factors decreased equity by 729,530,190.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥213.49 Million | +2.28% |
| Dividends Paid | CN¥184.06 Million | -1.97% |
| Share Repurchases | CN¥177.98 Million | -1.9% |
| Other Comprehensive Income | CN¥835.26 Million | +8.92% |
| Other Changes | CN¥-729.53 Million | -7.79% |
| Total Change | CN¥- | -0.46% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Runtu 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: 1.48x
- 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 18.45x to 1.48x 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¥0.67 | CN¥12.37 | x |
| 2008-12-31 | CN¥0.99 | CN¥12.37 | x |
| 2009-12-31 | CN¥1.22 | CN¥12.37 | x |
| 2010-12-31 | CN¥3.56 | CN¥12.37 | x |
| 2011-12-31 | CN¥3.39 | CN¥12.37 | x |
| 2012-12-31 | CN¥3.57 | CN¥12.37 | x |
| 2013-12-31 | CN¥4.11 | CN¥12.37 | x |
| 2014-12-31 | CN¥4.97 | CN¥12.37 | x |
| 2015-12-31 | CN¥5.23 | CN¥12.37 | x |
| 2016-12-31 | CN¥5.50 | CN¥12.37 | x |
| 2017-12-31 | CN¥6.07 | CN¥12.37 | x |
| 2018-12-31 | CN¥6.92 | CN¥12.37 | x |
| 2019-12-31 | CN¥7.63 | CN¥12.37 | x |
| 2020-12-31 | CN¥8.00 | CN¥12.37 | x |
| 2021-12-31 | CN¥8.40 | CN¥12.37 | x |
| 2022-12-31 | CN¥8.59 | CN¥12.37 | x |
| 2023-12-31 | CN¥8.22 | CN¥12.37 | x |
| 2024-12-31 | CN¥8.33 | CN¥12.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Runtu 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): 2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.75%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.22x
- Recent ROE (2.28%) is below the historical average (14.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 37.11% | 10.75% | 1.11x | 3.10x | CN¥156.09 Million |
| 2008 | 32.56% | 12.41% | 1.09x | 2.41x | CN¥192.67 Million |
| 2009 | 29.20% | 14.19% | 1.11x | 1.86x | CN¥201.64 Million |
| 2010 | 10.86% | 16.84% | 0.58x | 1.11x | CN¥30.81 Million |
| 2011 | 11.98% | 15.31% | 0.60x | 1.30x | CN¥77.65 Million |
| 2012 | 7.47% | 8.57% | 0.68x | 1.29x | CN¥-102.96 Million |
| 2013 | 17.37% | 17.16% | 0.75x | 1.35x | CN¥349.61 Million |
| 2014 | 22.52% | 24.07% | 0.69x | 1.36x | CN¥715.41 Million |
| 2015 | 12.24% | 16.23% | 0.60x | 1.27x | CN¥134.52 Million |
| 2016 | 10.43% | 15.16% | 0.56x | 1.24x | CN¥27.43 Million |
| 2017 | 13.35% | 15.43% | 0.67x | 1.28x | CN¥234.40 Million |
| 2018 | 16.48% | 20.31% | 0.64x | 1.26x | CN¥516.43 Million |
| 2019 | 15.61% | 21.03% | 0.60x | 1.24x | CN¥492.43 Million |
| 2020 | 8.61% | 15.08% | 0.46x | 1.24x | CN¥-127.11 Million |
| 2021 | 8.86% | 15.00% | 0.49x | 1.21x | CN¥-108.03 Million |
| 2022 | 6.28% | 9.68% | 0.50x | 1.31x | CN¥-359.15 Million |
| 2023 | 0.49% | 0.82% | 0.47x | 1.25x | CN¥-895.04 Million |
| 2024 | 2.28% | 3.75% | 0.50x | 1.22x | CN¥-723.04 Million |
Industry Comparison
This section compares Zhejiang Runtu Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Runtu Co Ltd (002440) | CN¥9.75 Billion | 37.11% | 0.18x | $937.39 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |