Zhongnanhong Culture Group Co Ltd (002445) - Net Assets
Based on the latest financial reports, Zhongnanhong Culture Group Co Ltd (002445) has net assets worth CN¥2.39 Billion CNY (≈ $350.08 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¥2.93 Billion ≈ $429.19 Million USD) and total liabilities (CN¥540.62 Million ≈ $79.11 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 Zhongnanhong Culture Group Co Ltd 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¥2.39 Billion |
| % of Total Assets | 81.57% |
| Annual Growth Rate | 17.02% |
| 5-Year Change | 23.81% |
| 10-Year Change | -35.86% |
| Growth Volatility | 168.99 |
Zhongnanhong Culture Group Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Zhongnanhong Culture Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhongnanhong Culture Group Co Ltd (002445) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhongnanhong Culture Group Co Ltd (2007–2025)
The table below shows the annual net assets of Zhongnanhong Culture Group Co Ltd from 2007 to 2025. For live valuation and market cap data, see 002445 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.36 Billion ≈ $345.18 Million |
+3.16% |
| 2024-12-31 | CN¥2.29 Billion ≈ $334.60 Million |
+4.11% |
| 2023-12-31 | CN¥2.20 Billion ≈ $321.40 Million |
+12.76% |
| 2022-12-31 | CN¥1.95 Billion ≈ $285.04 Million |
+2.24% |
| 2021-12-31 | CN¥1.91 Billion ≈ $278.79 Million |
+21.83% |
| 2020-12-31 | CN¥1.56 Billion ≈ $228.85 Million |
+709.79% |
| 2019-12-31 | CN¥193.12 Million ≈ $28.26 Million |
-91.24% |
| 2018-12-31 | CN¥2.20 Billion ≈ $322.53 Million |
-49.29% |
| 2017-12-31 | CN¥4.35 Billion ≈ $635.97 Million |
+18.17% |
| 2016-12-31 | CN¥3.68 Billion ≈ $538.20 Million |
+70.04% |
| 2015-12-31 | CN¥2.16 Billion ≈ $316.51 Million |
+107.40% |
| 2014-12-31 | CN¥1.04 Billion ≈ $152.61 Million |
+5.88% |
| 2013-12-31 | CN¥984.97 Million ≈ $144.13 Million |
+4.10% |
| 2012-12-31 | CN¥946.20 Million ≈ $138.46 Million |
+2.29% |
| 2011-12-31 | CN¥924.99 Million ≈ $135.36 Million |
+5.33% |
| 2010-12-31 | CN¥878.17 Million ≈ $128.50 Million |
+222.46% |
| 2009-12-31 | CN¥272.33 Million ≈ $39.85 Million |
+33.01% |
| 2008-12-31 | CN¥204.74 Million ≈ $29.96 Million |
+46.99% |
| 2007-12-31 | CN¥139.29 Million ≈ $20.38 Million |
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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 3072.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥4.64 Billion | 205.56% |
| Total Equity | CN¥2.26 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 |
|---|---|
|
XPLR Infrastructure LP Unit
NYSE:XIFR
|
$1.11 Billion |
|
Marcus & Millichap Inc
NYSE:MMI
|
$1.11 Billion |
|
Jingjin Environmental Protection Co Ltd
SHG:603279
|
$1.11 Billion |
|
Hagerty Inc
NYSE:HGTY
|
$1.11 Billion |
|
Zhejiang Yonggui Electric Equipment Co Ltd
SHE:300351
|
$1.11 Billion |
|
Shenzhen Jiang and Associates Creative Design Co Ltd
SHE:300668
|
$1.11 Billion |
|
Precision Drilling Corporation
TO:PD
|
$1.10 Billion |
|
Alma Media Oyj
HE:ALMA
|
$1.10 Billion |
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 2024 to 2025, total equity changed from 2,200,339,135 to 2,257,879,783, a change of 57,540,648 (2.6%).
- Net income of 74,667,071 contributed positively to equity growth.
- Dividend payments of 2,415,350 reduced retained earnings.
- Other comprehensive income decreased equity by 61,181,032.
- Other factors increased equity by 46,469,959.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.67 Million | +3.31% |
| Dividends Paid | CN¥2.42 Million | -0.11% |
| Other Comprehensive Income | CN¥-61.18 Million | -2.71% |
| Other Changes | CN¥46.47 Million | +2.06% |
| Total Change | CN¥- | 2.62% |
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: 3.35x
- 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 15.62x to 3.35x 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¥3.18 | x |
| 2008-12-31 | CN¥0.31 | CN¥3.18 | x |
| 2009-12-31 | CN¥0.41 | CN¥3.18 | x |
| 2010-12-31 | CN¥2.45 | CN¥3.18 | x |
| 2011-12-31 | CN¥1.08 | CN¥3.18 | x |
| 2012-12-31 | CN¥1.09 | CN¥3.18 | x |
| 2013-12-31 | CN¥1.14 | CN¥3.18 | x |
| 2014-12-31 | CN¥1.02 | CN¥3.18 | x |
| 2015-12-31 | CN¥1.73 | CN¥3.18 | x |
| 2016-12-31 | CN¥2.84 | CN¥3.18 | x |
| 2017-12-31 | CN¥3.14 | CN¥3.18 | x |
| 2018-12-31 | CN¥1.57 | CN¥3.18 | x |
| 2019-12-31 | CN¥0.08 | CN¥3.18 | x |
| 2020-12-31 | CN¥0.71 | CN¥3.18 | x |
| 2021-12-31 | CN¥0.83 | CN¥3.18 | x |
| 2022-12-31 | CN¥0.70 | CN¥3.18 | x |
| 2023-12-31 | CN¥0.84 | CN¥3.18 | x |
| 2024-12-31 | CN¥0.77 | CN¥3.18 | x |
| 2025-12-31 | CN¥0.95 | CN¥3.18 | 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): 3.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.40%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.31x
- Recent ROE (3.31%) is above the historical average (-47.68%), 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 | -990.19% | -300.98% | 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 |
| 2025 | 3.31% | 6.40% | 0.39x | 1.31x | CN¥-151.12 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongnanhong Culture Group Co Ltd (002445) | CN¥2.39 Billion | 40.68% | 0.23x | $1.11 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About 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