Zhongyeda Electric Co Ltd
Zhongyeda Electric Co., Ltd. engages in the distribution of industrial electrical products in China. Its products include power equipment, systems, and transmission and distribution products; and automatic control systems and products, safety and environmental protection equipment, lighting and temperature control, and other systems and products. The company also offers system integration product… Read more
Zhongyeda Electric Co Ltd (002441) - Net Assets
Latest net assets as of September 2025: CN¥4.63 Billion CNY
Based on the latest financial reports, Zhongyeda Electric Co Ltd (002441) has net assets worth CN¥4.63 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¥7.01 Billion) and total liabilities (CN¥2.39 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¥4.63 Billion |
| % of Total Assets | 65.97% |
| Annual Growth Rate | 18.6% |
| 5-Year Change | 11.91% |
| 10-Year Change | 92.72% |
| Growth Volatility | 57.17 |
Zhongyeda Electric Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Zhongyeda Electric 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 Zhongyeda Electric Co Ltd (2007–2024)
The table below shows the annual net assets of Zhongyeda Electric Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.61 Billion | +0.12% |
| 2023-12-31 | CN¥4.60 Billion | +1.43% |
| 2022-12-31 | CN¥4.54 Billion | +2.84% |
| 2021-12-31 | CN¥4.41 Billion | +7.15% |
| 2020-12-31 | CN¥4.12 Billion | +4.19% |
| 2019-12-31 | CN¥3.95 Billion | +2.67% |
| 2018-12-31 | CN¥3.85 Billion | +1.77% |
| 2017-12-31 | CN¥3.78 Billion | +8.37% |
| 2016-12-31 | CN¥3.49 Billion | +45.99% |
| 2015-12-31 | CN¥2.39 Billion | +5.34% |
| 2014-12-31 | CN¥2.27 Billion | +7.64% |
| 2013-12-31 | CN¥2.11 Billion | +6.05% |
| 2012-12-31 | CN¥1.99 Billion | +9.25% |
| 2011-12-31 | CN¥1.82 Billion | +7.47% |
| 2010-12-31 | CN¥1.69 Billion | +245.48% |
| 2009-12-31 | CN¥490.31 Million | +21.49% |
| 2008-12-31 | CN¥403.57 Million | +59.16% |
| 2007-12-31 | CN¥253.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongyeda 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 grown by 1235.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.80 Billion | 39.44% |
| Common Stock | CN¥544.54 Million | 11.94% |
| Other Comprehensive Income | CN¥350.50 Million | 7.68% |
| Other Components | CN¥1.87 Billion | 40.94% |
| Total Equity | CN¥4.56 Billion | 100.00% |
Zhongyeda Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Zhongyeda Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AA Mission Acquisition Corp.
NYSE:AAM-UN
|
$349.76 Million |
|
AB Siauliu Bankas
F:ZH5
|
$349.83 Million |
|
Gansu Dayu Water saving Group
SHE:300021
|
$349.89 Million |
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
$349.96 Million |
|
TRANSFORMERS AND RECTIFIERS INDIA
NSE:TARIL
|
$349.66 Million |
|
Shenzhen Neoway Technology Co Ltd
SHG:688159
|
$349.53 Million |
|
The Manitowoc Company Inc
F:MNGN
|
$349.46 Million |
|
Shandong Meichen Science & Technology Co Ltd
SHE:300237
|
$349.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongyeda Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,558,835,000 to 4,561,638,000, a change of 2,803,000 (0.1%).
- Net income of 169,300,000 contributed positively to equity growth.
- Dividend payments of 163,976,000 reduced retained earnings.
- Other comprehensive income increased equity by 350,504,545.
- Other factors decreased equity by 353,025,545.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥169.30 Million | +3.71% |
| Dividends Paid | CN¥163.98 Million | -3.59% |
| Other Comprehensive Income | CN¥350.50 Million | +7.68% |
| Other Changes | CN¥-353.03 Million | -7.74% |
| Total Change | CN¥- | 0.06% |
Book Value vs Market Value Analysis
This analysis compares Zhongyeda 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: 1.25x
- 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 11.43x to 1.25x 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¥10.43 | x |
| 2008-12-31 | CN¥1.23 | CN¥10.43 | x |
| 2009-12-31 | CN¥1.41 | CN¥10.43 | x |
| 2010-12-31 | CN¥4.16 | CN¥10.43 | x |
| 2011-12-31 | CN¥3.91 | CN¥10.43 | x |
| 2012-12-31 | CN¥4.23 | CN¥10.43 | x |
| 2013-12-31 | CN¥4.48 | CN¥10.43 | x |
| 2014-12-31 | CN¥4.83 | CN¥10.43 | x |
| 2015-12-31 | CN¥5.04 | CN¥10.43 | x |
| 2016-12-31 | CN¥6.44 | CN¥10.43 | x |
| 2017-12-31 | CN¥6.60 | CN¥10.43 | x |
| 2018-12-31 | CN¥6.88 | CN¥10.43 | x |
| 2019-12-31 | CN¥7.00 | CN¥10.43 | x |
| 2020-12-31 | CN¥7.42 | CN¥10.43 | x |
| 2021-12-31 | CN¥8.02 | CN¥10.43 | x |
| 2022-12-31 | CN¥8.26 | CN¥10.43 | x |
| 2023-12-31 | CN¥8.44 | CN¥10.43 | x |
| 2024-12-31 | CN¥8.38 | CN¥10.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongyeda 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): 3.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.53%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 1.49x
- Recent ROE (3.71%) is below the historical average (10.76%), 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 | 33.16% | 3.58% | 3.93x | 2.35x | CN¥58.71 Million |
| 2008 | 26.94% | 3.73% | 3.93x | 1.84x | CN¥68.35 Million |
| 2009 | 25.68% | 3.94% | 3.31x | 1.97x | CN¥76.86 Million |
| 2010 | 8.66% | 3.52% | 1.80x | 1.37x | CN¥-22.71 Million |
| 2011 | 10.11% | 3.58% | 1.96x | 1.44x | CN¥2.04 Million |
| 2012 | 10.05% | 3.37% | 1.91x | 1.56x | CN¥1.03 Million |
| 2013 | 8.82% | 2.78% | 1.87x | 1.70x | CN¥-24.42 Million |
| 2014 | 9.51% | 2.95% | 1.89x | 1.70x | CN¥-10.81 Million |
| 2015 | 7.74% | 2.71% | 1.75x | 1.63x | CN¥-53.02 Million |
| 2016 | 4.19% | 2.11% | 1.48x | 1.34x | CN¥-198.72 Million |
| 2017 | 5.60% | 2.64% | 1.46x | 1.45x | CN¥-157.37 Million |
| 2018 | 5.52% | 2.41% | 1.61x | 1.43x | CN¥-167.03 Million |
| 2019 | 5.86% | 2.27% | 1.85x | 1.40x | CN¥-159.23 Million |
| 2020 | 6.47% | 2.43% | 1.72x | 1.55x | CN¥-142.48 Million |
| 2021 | 9.52% | 3.31% | 1.87x | 1.54x | CN¥-21.00 Million |
| 2022 | 6.57% | 2.44% | 1.70x | 1.59x | CN¥-154.19 Million |
| 2023 | 5.57% | 2.13% | 1.83x | 1.43x | CN¥-202.06 Million |
| 2024 | 3.71% | 1.53% | 1.63x | 1.49x | CN¥-286.86 Million |
Industry Comparison
This section compares Zhongyeda Electric Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongyeda Electric Co Ltd (002441) | CN¥4.63 Billion | 33.16% | 0.52x | $349.66 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |