Zhejiang Shuanghuan Driveline Co Ltd (002472) - Net Assets

Latest as of March 2026: CN¥10.81 Billion CNY ≈ $1.58 Billion USD

Based on the latest financial reports, Zhejiang Shuanghuan Driveline Co Ltd (002472) has net assets worth CN¥10.81 Billion CNY (≈ $1.58 Billion 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¥19.08 Billion ≈ $2.79 Billion USD) and total liabilities (CN¥8.27 Billion ≈ $1.21 Billion 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. Also explore total assets of Zhejiang Shuanghuan Driveline Co Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥10.81 Billion
% of Total Assets	56.67%
Annual Growth Rate	24.58%
5-Year Change	110.51%
10-Year Change	248.71%
Growth Volatility	63.16

Zhejiang Shuanghuan Driveline Co Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Zhejiang Shuanghuan Driveline Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Zhejiang Shuanghuan Driveline Co Ltd (002472) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Zhejiang Shuanghuan Driveline Co Ltd (2007–2025)

The table below shows the annual net assets of Zhejiang Shuanghuan Driveline Co Ltd from 2007 to 2025. For live valuation and market cap data, see Zhejiang Shuanghuan Driveline Co Ltd (002472) total market value.

Year	Net Assets	Change
2025-12-31	CN¥10.51 Billion ≈ $1.54 Billion	+13.77%
2024-12-31	CN¥9.24 Billion ≈ $1.35 Billion	+10.80%
2023-12-31	CN¥8.34 Billion ≈ $1.22 Billion	+11.41%
2022-12-31	CN¥7.48 Billion ≈ $1.10 Billion	+49.90%
2021-12-31	CN¥4.99 Billion ≈ $730.56 Million	+35.81%
2020-12-31	CN¥3.68 Billion ≈ $537.95 Million	-0.14%
2019-12-31	CN¥3.68 Billion ≈ $538.72 Million	-0.02%
2018-12-31	CN¥3.68 Billion ≈ $538.83 Million	+7.93%
2017-12-31	CN¥3.41 Billion ≈ $499.23 Million	+13.19%
2016-12-31	CN¥3.01 Billion ≈ $441.04 Million	+5.66%
2015-12-31	CN¥2.85 Billion ≈ $417.41 Million	+83.65%
2014-12-31	CN¥1.55 Billion ≈ $227.28 Million	+7.25%
2013-12-31	CN¥1.45 Billion ≈ $211.91 Million	+3.62%
2012-12-31	CN¥1.40 Billion ≈ $204.50 Million	+3.57%
2011-12-31	CN¥1.35 Billion ≈ $197.45 Million	+9.97%
2010-12-31	CN¥1.23 Billion ≈ $179.55 Million	+279.29%
2009-12-31	CN¥323.51 Million ≈ $47.34 Million	+27.67%
2008-12-31	CN¥253.39 Million ≈ $37.08 Million	+26.00%
2007-12-31	CN¥201.11 Million ≈ $29.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Shuanghuan Driveline 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 5766.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥4.32 Billion	43.12%
Other Components	CN¥5.70 Billion	56.88%
Total Equity	CN¥10.02 Billion	100.00%

Zhejiang Shuanghuan Driveline Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Shuanghuan Driveline Co Ltd ranked by their market capitalization.

Company	Market Cap
Resideo Technologies Inc NYSE:REZI	$4.69 Billion
Scholar Rock Holding Corp NASDAQ:SRRK	$4.69 Billion
Sinolink Securities Co Ltd SHG:600109	$4.70 Billion
SYSMEX CORP.UNSP.ADR 1/2 F:0YX0	$4.70 Billion
Nine Dragons Paper (Holdings) Limited F:N3Y	$4.68 Billion
FTI Consulting Inc NYSE:FCN	$4.68 Billion
Sunwoda Electronic SHE:300207	$4.68 Billion
ADT Inc NYSE:ADT	$4.67 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Shuanghuan Driveline Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 8,814,654,899 to 10,017,720,256, a change of 1,203,065,357 (13.6%).
Net income of 1,261,517,918 contributed positively to equity growth.
Dividend payments of 421,417,046 reduced retained earnings.
Other comprehensive income decreased equity by 558,362,887.
Other factors increased equity by 921,327,372.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.26 Billion	+12.59%
Dividends Paid	CN¥421.42 Million	-4.21%
Other Comprehensive Income	CN¥-558.36 Million	-5.57%
Other Changes	CN¥921.33 Million	+9.2%
Total Change	CN¥-	13.65%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Shuanghuan Driveline 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: 3.20x
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 59.39x to 3.20x 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¥0.63	CN¥37.67	x
2008-12-31	CN¥0.61	CN¥37.67	x
2009-12-31	CN¥0.78	CN¥37.67	x
2010-12-31	CN¥2.71	CN¥37.67	x
2011-12-31	CN¥2.43	CN¥37.67	x
2012-12-31	CN¥2.49	CN¥37.67	x
2013-12-31	CN¥2.58	CN¥37.67	x
2014-12-31	CN¥2.73	CN¥37.67	x
2015-12-31	CN¥5.01	CN¥37.67	x
2016-12-31	CN¥4.38	CN¥37.67	x
2017-12-31	CN¥4.98	CN¥37.67	x
2018-12-31	CN¥5.33	CN¥37.67	x
2019-12-31	CN¥5.50	CN¥37.67	x
2020-12-31	CN¥5.42	CN¥37.67	x
2021-12-31	CN¥6.87	CN¥37.67	x
2022-12-31	CN¥9.22	CN¥37.67	x
2023-12-31	CN¥9.46	CN¥37.67	x
2024-12-31	CN¥10.52	CN¥37.67	x
2025-12-31	CN¥11.79	CN¥37.67	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Shuanghuan Driveline 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): 12.59%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.84%
• Asset Turnover: 0.49x
• Equity Multiplier: 1.87x
Recent ROE (12.59%) is above the historical average (10.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	34.36%	15.93%	0.58x	3.69x	CN¥49.00 Million
2008	20.63%	9.82%	0.66x	3.18x	CN¥26.94 Million
2009	21.68%	13.34%	0.56x	2.90x	CN¥37.77 Million
2010	10.66%	15.51%	0.56x	1.22x	CN¥8.05 Million
2011	11.70%	17.01%	0.53x	1.30x	CN¥23.01 Million
2012	8.04%	14.13%	0.44x	1.30x	CN¥-27.42 Million
2013	4.65%	6.79%	0.45x	1.50x	CN¥-77.52 Million
2014	7.87%	9.66%	0.53x	1.54x	CN¥-33.02 Million
2015	4.79%	9.79%	0.37x	1.33x	CN¥-148.51 Million
2016	6.16%	10.66%	0.45x	1.30x	CN¥-115.65 Million
2017	7.22%	9.19%	0.35x	2.23x	CN¥-93.23 Million
2018	5.44%	6.20%	0.40x	2.21x	CN¥-163.72 Million
2019	2.18%	2.42%	0.40x	2.27x	CN¥-280.86 Million
2020	1.43%	1.40%	0.43x	2.39x	CN¥-305.81 Million
2021	6.70%	6.05%	0.55x	2.02x	CN¥-161.06 Million
2022	7.92%	8.51%	0.53x	1.75x	CN¥-152.87 Million
2023	10.25%	10.11%	0.61x	1.65x	CN¥20.05 Million
2024	11.62%	11.66%	0.55x	1.80x	CN¥142.45 Million
2025	12.59%	13.84%	0.49x	1.87x	CN¥259.75 Million

Industry Comparison

This section compares Zhejiang Shuanghuan Driveline Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $2,362,600,779
Average return on equity (ROE) among peers: 5.47%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Shuanghuan Driveline Co Ltd (002472)	CN¥10.81 Billion	34.36%	0.76x	$4.69 Billion
FAWER Automotive Parts Ltd Co (000030)	$-1.52 Billion	0.00%	0.00x	$1.03 Billion
Wanxiang Qianchao Co Ltd (000559)	$9.35 Billion	10.17%	1.39x	$5.17 Billion
Weifu High-Technology Group Co Ltd (000581)	$8.96 Billion	9.92%	0.23x	$1.98 Billion
Gui Zhou Tyre Co Ltd (000589)	$36.86 Million	0.00%	2.57x	$969.11 Million
Qingdao Doublestar Co Ltd (000599)	$2.50 Billion	2.32%	1.02x	$1.46 Billion
Hengli Industrial Development Group Co Ltd (000622)	$201.35 Million	-6.58%	0.62x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$1.26 Billion	-4.75%	1.19x	$521.23 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$941.64 Million	8.22%	0.72x	$1.53 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$1.79 Billion	4.84%	0.58x	$263.48 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$104.29 Million	30.51%	2.23x	$3.34 Billion

About Zhejiang Shuanghuan Driveline Co Ltd

SHE:002472 China Auto Parts

Market Cap

$4.69 Billion

CN¥32.02 Billion CNY

Market Cap Rank

#3694 Global

#518 in China

Share Price

CN¥37.67

Change (1 day)

+4.03%

52-Week Range

CN¥33.01 - CN¥51.69

All Time High

CN¥51.69