ZYNP Corp
ZYNP Corporation designs, develops, manufactures, tests, and supplies cylinder liners and power piston assembly systems in China and internationally. The company offers cylinder liners for the passenger car, commercial vehicle, construction machinery, agricultural machinery, shipbuilding, garden machinery, air compressor, military, and other power fields. It also engages in design, production, an… Read more
ZYNP Corp (002448) - Net Assets
Latest net assets as of September 2025: CN¥4.20 Billion CNY
Based on the latest financial reports, ZYNP Corp (002448) has net assets worth CN¥4.20 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¥6.14 Billion) and total liabilities (CN¥1.94 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¥4.20 Billion |
| % of Total Assets | 68.41% |
| Annual Growth Rate | 21.01% |
| 5-Year Change | 32.64% |
| 10-Year Change | 90.11% |
| Growth Volatility | 44.29 |
ZYNP Corp - Net Assets Trend (2005–2024)
This chart illustrates how ZYNP Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ZYNP Corp (2005–2024)
The table below shows the annual net assets of ZYNP Corp from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.91 Billion | +4.37% |
| 2023-12-31 | CN¥3.75 Billion | +12.39% |
| 2022-12-31 | CN¥3.33 Billion | +7.71% |
| 2021-12-31 | CN¥3.09 Billion | +4.99% |
| 2020-12-31 | CN¥2.95 Billion | +9.82% |
| 2019-12-31 | CN¥2.68 Billion | -2.09% |
| 2018-12-31 | CN¥2.74 Billion | +12.30% |
| 2017-12-31 | CN¥2.44 Billion | +10.06% |
| 2016-12-31 | CN¥2.22 Billion | +7.85% |
| 2015-12-31 | CN¥2.06 Billion | +7.16% |
| 2014-12-31 | CN¥1.92 Billion | +8.12% |
| 2013-12-31 | CN¥1.78 Billion | +8.80% |
| 2012-12-31 | CN¥1.63 Billion | +63.75% |
| 2011-12-31 | CN¥996.39 Million | +11.94% |
| 2010-12-31 | CN¥890.08 Million | +197.24% |
| 2009-12-31 | CN¥299.45 Million | +17.93% |
| 2008-12-31 | CN¥253.92 Million | +11.47% |
| 2007-12-31 | CN¥227.81 Million | +68.57% |
| 2006-12-31 | CN¥135.14 Million | +29.49% |
| 2005-12-31 | CN¥104.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZYNP Corp'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 12952.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.04 Billion | 58.66% |
| Common Stock | CN¥588.41 Million | 16.92% |
| Other Comprehensive Income | CN¥294.04 Million | 8.45% |
| Other Components | CN¥555.66 Million | 15.97% |
| Total Equity | CN¥3.48 Billion | 100.00% |
ZYNP Corp Competitors by Market Cap
The table below lists competitors of ZYNP Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
53N
F:53N
|
$956.49 Million |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
$956.75 Million |
|
Tikehau Capital
PINK:TKKHF
|
$956.75 Million |
|
Chengdu Kanghua Biological Products
SHE:300841
|
$956.82 Million |
|
Craftsman Automation Limited
NSE:CRAFTSMAN
|
$956.14 Million |
|
Forehope Electronic (Ningbo) Co. Ltd. A
SHG:688362
|
$955.99 Million |
|
InterRent Real Estate Investment Trust
PINK:IIPZF
|
$955.74 Million |
|
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
|
$955.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZYNP Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,348,357,051 to 3,478,333,894, a change of 129,976,843 (3.9%).
- Net income of 203,907,157 contributed positively to equity growth.
- Dividend payments of 105,785,485 reduced retained earnings.
- Other comprehensive income increased equity by 24,912,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥203.91 Million | +5.86% |
| Dividends Paid | CN¥105.79 Million | -3.04% |
| Other Comprehensive Income | CN¥24.91 Million | +0.72% |
| Other Changes | CN¥6.94 Million | +0.2% |
| Total Change | CN¥- | 3.88% |
Book Value vs Market Value Analysis
This analysis compares ZYNP Corp'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: 2.64x
- 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 47.52x to 2.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.33 | CN¥15.74 | x |
| 2006-12-31 | CN¥0.43 | CN¥15.74 | x |
| 2007-12-31 | CN¥0.70 | CN¥15.74 | x |
| 2008-12-31 | CN¥0.73 | CN¥15.74 | x |
| 2009-12-31 | CN¥0.86 | CN¥15.74 | x |
| 2010-12-31 | CN¥2.26 | CN¥15.74 | x |
| 2011-12-31 | CN¥2.15 | CN¥15.74 | x |
| 2012-12-31 | CN¥3.30 | CN¥15.74 | x |
| 2013-12-31 | CN¥2.99 | CN¥15.74 | x |
| 2014-12-31 | CN¥3.22 | CN¥15.74 | x |
| 2015-12-31 | CN¥3.45 | CN¥15.74 | x |
| 2016-12-31 | CN¥3.71 | CN¥15.74 | x |
| 2017-12-31 | CN¥4.04 | CN¥15.74 | x |
| 2018-12-31 | CN¥4.41 | CN¥15.74 | x |
| 2019-12-31 | CN¥4.50 | CN¥15.74 | x |
| 2020-12-31 | CN¥4.59 | CN¥15.74 | x |
| 2021-12-31 | CN¥4.92 | CN¥15.74 | x |
| 2022-12-31 | CN¥5.25 | CN¥15.74 | x |
| 2023-12-31 | CN¥5.71 | CN¥15.74 | x |
| 2024-12-31 | CN¥5.97 | CN¥15.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZYNP Corp 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): 5.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.16%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.67x
- Recent ROE (5.86%) is below the historical average (12.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 22.29% | 6.21% | 0.74x | 4.83x | CN¥12.42 Million |
| 2006 | 23.28% | 7.34% | 0.77x | 4.11x | CN¥17.48 Million |
| 2007 | 28.34% | 10.93% | 0.91x | 2.84x | CN¥41.55 Million |
| 2008 | 15.81% | 5.92% | 0.99x | 2.71x | CN¥14.68 Million |
| 2009 | 22.22% | 10.65% | 0.89x | 2.35x | CN¥36.46 Million |
| 2010 | 11.71% | 12.66% | 0.66x | 1.39x | CN¥15.19 Million |
| 2011 | 12.64% | 12.91% | 0.68x | 1.43x | CN¥26.31 Million |
| 2012 | 8.77% | 13.99% | 0.52x | 1.22x | CN¥-20.05 Million |
| 2013 | 9.24% | 14.64% | 0.48x | 1.33x | CN¥-13.45 Million |
| 2014 | 9.58% | 16.72% | 0.43x | 1.32x | CN¥-8.01 Million |
| 2015 | 9.52% | 17.48% | 0.43x | 1.28x | CN¥-9.71 Million |
| 2016 | 9.84% | 18.25% | 0.43x | 1.26x | CN¥-3.53 Million |
| 2017 | 11.65% | 18.56% | 0.39x | 1.60x | CN¥39.50 Million |
| 2018 | 10.43% | 17.62% | 0.39x | 1.54x | CN¥11.48 Million |
| 2019 | 3.33% | 5.91% | 0.36x | 1.58x | CN¥-176.41 Million |
| 2020 | 5.44% | 8.22% | 0.37x | 1.81x | CN¥-125.25 Million |
| 2021 | 7.30% | 8.62% | 0.48x | 1.78x | CN¥-78.28 Million |
| 2022 | 5.41% | 7.27% | 0.45x | 1.66x | CN¥-141.81 Million |
| 2023 | 9.28% | 10.85% | 0.50x | 1.70x | CN¥-24.14 Million |
| 2024 | 5.86% | 6.16% | 0.57x | 1.67x | CN¥-143.93 Million |
Industry Comparison
This section compares ZYNP Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,751,605,266
- Average return on equity (ROE) among peers: 3.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZYNP Corp (002448) | CN¥4.20 Billion | 22.29% | 0.46x | $956.21 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $362.53 Million |
| Wanxiang Qianchao Co Ltd (000559) | $5.46 Billion | 13.23% | 1.21x | $2.57 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.49 Billion | -7.43% | 2.21x | $811.92 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $455.37 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-104.62 Million | 0.00% | 0.00x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $351.71 Million | 3.10% | 0.97x | $643.46 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.38 Billion | 4.32% | 2.30x | $956.75 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $546.55 Million | 2.75% | 0.63x | $234.35 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $13.03 Billion | 9.60% | 0.85x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $805.42 Million | 8.72% | 0.32x | $1.67 Billion |