Zhongnanhong Culture Group Co Ltd (002445) - Net Assets

Latest as of September 2025: CN¥2.36 Billion CNY ≈ $345.97 Million USD

Based on the latest financial reports, Zhongnanhong Culture Group Co Ltd (002445) has net assets worth CN¥2.36 Billion CNY (≈ $345.97 Million USD) 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 ≈ $433.58 Million USD) and total liabilities (CN¥598.72 Million ≈ $87.61 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 liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 002445 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 002445 stock market capitalisation.

Year	Net Assets	Change
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	--

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
JK Tyre & Industries Limited NSE:JKTYRE	$1.27 Billion
Guangdong Haomei New Material Co Lt SHE:002988	$1.27 Billion
Japfa Comfeed Indonesia Tbk JK:JPFA	$1.27 Billion
Tamilnad Mercantile Bank Limited NSE:TMB	$1.27 Billion
Sharplink Gaming Ltd NASDAQ:SBET	$1.27 Billion
Prudent Corporate Advisory Services Limited NSE:PRUDENT	$1.27 Billion
Guangdong South New Media Co Ltd SHE:300770	$1.27 Billion
Origin Bancorp, Inc. NYSE:OBK	$1.27 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 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: 4.75x
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 17.88x to 4.75x 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¥3.64	x
2008-12-31	CN¥0.31	CN¥3.64	x
2009-12-31	CN¥0.41	CN¥3.64	x
2010-12-31	CN¥2.45	CN¥3.64	x
2011-12-31	CN¥1.08	CN¥3.64	x
2012-12-31	CN¥1.09	CN¥3.64	x
2013-12-31	CN¥1.14	CN¥3.64	x
2014-12-31	CN¥1.02	CN¥3.64	x
2015-12-31	CN¥1.72	CN¥3.64	x
2016-12-31	CN¥2.84	CN¥3.64	x
2017-12-31	CN¥5.34	CN¥3.64	x
2018-12-31	CN¥1.57	CN¥3.64	x
2019-12-31	CN¥0.13	CN¥3.64	x
2020-12-31	CN¥1.11	CN¥3.64	x
2021-12-31	CN¥0.79	CN¥3.64	x
2022-12-31	CN¥0.81	CN¥3.64	x
2023-12-31	CN¥0.84	CN¥3.64	x
2024-12-31	CN¥0.77	CN¥3.64	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: $2,122,638,577
Average return on equity (ROE) among peers: 4.93%

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	$1.27 Billion
Huayi Compressor Co Ltd (000404)	$5.19 Billion	6.97%	1.68x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$709.50 Million	6.14%	1.68x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$7.53 Billion	1.67%	0.29x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$2.71 Billion	4.79%	0.50x	$520.37 Million
Changchai Co Ltd (000570)	$1.86 Billion	2.98%	0.67x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$315.25 Million	5.68%	1.39x	$32.29 Million
Baota Industry Co Ltd (000595)	$436.15 Million	1.59%	1.56x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$969.93 Million	5.96%	0.61x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$1.11 Billion	3.64%	0.40x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$393.52 Million	9.87%	0.54x	$1.66 Billion

About Zhongnanhong Culture Group Co Ltd

SHE:002445 China Specialty Industrial Machinery

Market Cap

$1.27 Billion

CN¥8.65 Billion CNY

Market Cap Rank

#8087 Global

#2037 in China

Share Price

CN¥3.64

Change (1 day)

-4.71%

52-Week Range

CN¥2.29 - CN¥4.49

All Time High

CN¥18.43