Zhongnanhong Culture Group Co Ltd
Jiangyin Zhongnan Heavy Industries Co.,Ltd engages in the production and sale of metal pipe fittings, flanges, pipe systems, and pressure vessels primarily in China. It operates in three segments: Metal products, Cultural Media, and Photovoltaic Power. The Metal products segment is involved in production and sale of metal products. The Cultural Media segment engages in investment, planning, produ… Read more
Zhongnanhong Culture Group Co Ltd (002445) - Net Assets
Latest net assets as of September 2025: CN¥2.36 Billion CNY
Based on the latest financial reports, Zhongnanhong Culture Group Co Ltd (002445) has net assets worth CN¥2.36 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¥2.96 Billion) and total liabilities (CN¥598.72 Million). 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¥2.36 Billion |
| % of Total Assets | 79.79% |
| Annual Growth Rate | 17.89% |
| 5-Year Change | 46.21% |
| 10-Year Change | 5.72% |
| Growth Volatility | 173.25 |
Zhongnanhong Culture Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Zhongnanhong Culture Group 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 Zhongnanhong Culture Group Co Ltd (2007–2024)
The table below shows the annual net assets of Zhongnanhong Culture Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.29 Billion | +4.11% |
| 2023-12-31 | CN¥2.20 Billion | +12.76% |
| 2022-12-31 | CN¥1.95 Billion | +2.24% |
| 2021-12-31 | CN¥1.91 Billion | +21.83% |
| 2020-12-31 | CN¥1.56 Billion | +709.79% |
| 2019-12-31 | CN¥193.12 Million | -91.24% |
| 2018-12-31 | CN¥2.20 Billion | -49.29% |
| 2017-12-31 | CN¥4.35 Billion | +18.17% |
| 2016-12-31 | CN¥3.68 Billion | +70.04% |
| 2015-12-31 | CN¥2.16 Billion | +107.40% |
| 2014-12-31 | CN¥1.04 Billion | +5.88% |
| 2013-12-31 | CN¥984.97 Million | +4.10% |
| 2012-12-31 | CN¥946.20 Million | +2.29% |
| 2011-12-31 | CN¥924.99 Million | +5.33% |
| 2010-12-31 | CN¥878.17 Million | +222.46% |
| 2009-12-31 | CN¥272.33 Million | +33.01% |
| 2008-12-31 | CN¥204.74 Million | +46.99% |
| 2007-12-31 | CN¥139.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongnanhong Culture Group 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 3165.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥2.39 Billion | 108.70% |
| Other Comprehensive Income | CN¥61.18 Million | 2.78% |
| Other Components | CN¥2.21 Billion | 100.24% |
| Total Equity | CN¥2.20 Billion | 100.00% |
Zhongnanhong Culture Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhongnanhong Culture Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HitGen Inc. A
SHG:688222
|
$724.85 Million |
|
Tanco Holdings Bhd
KLSE:2429
|
$724.90 Million |
|
Cpi Property Group SA
XETRA:O5G
|
$725.10 Million |
|
Nexteer Automotive Group Limited
PINK:NTXVF
|
$725.13 Million |
|
Pactiv Evergreen Inc
NASDAQ:PTVE
|
$724.58 Million |
|
CREDITACCESS GRAMEEN LIMITED
NSE:CREDITACC
|
$724.43 Million |
|
Enghouse Systems Limited
PINK:EGHSF
|
$724.43 Million |
|
Montrose Environmental Grp
NYSE:MEG
|
$724.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongnanhong Culture Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,155,301,220 to 2,200,339,135, a change of 45,037,915 (2.1%).
- Net income of 57,421,686 contributed positively to equity growth.
- Dividend payments of 1,711,436 reduced retained earnings.
- Share repurchases of 12,803,742 reduced equity.
- Other comprehensive income increased equity by 419,971.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥57.42 Million | +2.61% |
| Dividends Paid | CN¥1.71 Million | -0.08% |
| Share Repurchases | CN¥12.80 Million | -0.58% |
| Other Comprehensive Income | CN¥419.97K | +0.02% |
| Other Changes | CN¥1.71 Million | +0.08% |
| Total Change | CN¥- | 2.09% |
Book Value vs Market Value Analysis
This analysis compares Zhongnanhong Culture Group 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: 4.83x
- 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 18.17x to 4.83x 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¥0.20 | CN¥3.70 | x |
| 2008-12-31 | CN¥0.31 | CN¥3.70 | x |
| 2009-12-31 | CN¥0.41 | CN¥3.70 | x |
| 2010-12-31 | CN¥2.45 | CN¥3.70 | x |
| 2011-12-31 | CN¥1.08 | CN¥3.70 | x |
| 2012-12-31 | CN¥1.09 | CN¥3.70 | x |
| 2013-12-31 | CN¥1.14 | CN¥3.70 | x |
| 2014-12-31 | CN¥1.02 | CN¥3.70 | x |
| 2015-12-31 | CN¥1.72 | CN¥3.70 | x |
| 2016-12-31 | CN¥2.84 | CN¥3.70 | x |
| 2017-12-31 | CN¥5.34 | CN¥3.70 | x |
| 2018-12-31 | CN¥1.57 | CN¥3.70 | x |
| 2019-12-31 | CN¥0.13 | CN¥3.70 | x |
| 2020-12-31 | CN¥1.11 | CN¥3.70 | x |
| 2021-12-31 | CN¥0.79 | CN¥3.70 | x |
| 2022-12-31 | CN¥0.81 | CN¥3.70 | x |
| 2023-12-31 | CN¥0.84 | CN¥3.70 | x |
| 2024-12-31 | CN¥0.77 | CN¥3.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongnanhong Culture Group 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): 2.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.23%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.30x
- Recent ROE (2.61%) is above the historical average (-50.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 40.68% | 17.18% | 0.87x | 2.73x | CN¥40.15 Million |
| 2008 | 33.35% | 15.12% | 0.73x | 3.01x | CN¥45.85 Million |
| 2009 | 25.46% | 15.13% | 0.83x | 2.03x | CN¥40.71 Million |
| 2010 | 5.64% | 12.22% | 0.36x | 1.30x | CN¥-37.85 Million |
| 2011 | 7.63% | 11.26% | 0.34x | 2.01x | CN¥-21.63 Million |
| 2012 | 3.79% | 5.04% | 0.35x | 2.17x | CN¥-57.99 Million |
| 2013 | 5.18% | 4.29% | 0.50x | 2.41x | CN¥-46.89 Million |
| 2014 | 6.37% | 9.06% | 0.29x | 2.44x | CN¥-37.46 Million |
| 2015 | 6.48% | 12.45% | 0.31x | 1.70x | CN¥-75.73 Million |
| 2016 | 6.22% | 17.07% | 0.21x | 1.71x | CN¥-139.11 Million |
| 2017 | 6.74% | 19.20% | 0.20x | 1.79x | CN¥-141.68 Million |
| 2018 | -95.82% | -216.56% | 0.19x | 2.35x | CN¥-2.32 Billion |
| 2019 | -990.38% | -301.04% | 0.21x | 15.87x | CN¥-1.82 Billion |
| 2020 | 8.42% | 33.93% | 0.19x | 1.31x | CN¥-24.63 Million |
| 2021 | 10.91% | 43.03% | 0.18x | 1.40x | CN¥17.24 Million |
| 2022 | 1.44% | 4.23% | 0.24x | 1.39x | CN¥-165.11 Million |
| 2023 | 5.97% | 17.85% | 0.27x | 1.23x | CN¥-86.82 Million |
| 2024 | 2.61% | 6.23% | 0.32x | 1.30x | CN¥-162.61 Million |
Industry Comparison
This section compares Zhongnanhong Culture Group 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 |
|---|---|---|---|---|
| Zhongnanhong Culture Group Co Ltd (002445) | CN¥2.36 Billion | 40.68% | 0.25x | $724.80 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 |