ZheJiang RIFA Digital Precision Machinery Co Ltd (002520) - Net Assets

Latest as of September 2025: CN¥258.82 Million CNY ≈ $37.87 Million USD

Based on the latest financial reports, ZheJiang RIFA Digital Precision Machinery Co Ltd (002520) has net assets worth CN¥258.82 Million CNY (≈ $37.87 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¥2.50 Billion ≈ $365.70 Million USD) and total liabilities (CN¥2.24 Billion ≈ $327.83 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 ZheJiang RIFA Digital Precision Machiner asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥258.82 Million
% of Total Assets	10.36%
Annual Growth Rate	9.18%
5-Year Change	-81.94%
10-Year Change	-69.46%
Growth Volatility	82.84

ZheJiang RIFA Digital Precision Machinery Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how ZheJiang RIFA Digital Precision Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore ZheJiang RIFA Digital Precision Machiner total assets for the complete picture of this company's asset base.

Annual Net Assets for ZheJiang RIFA Digital Precision Machinery Co Ltd (2007–2024)

The table below shows the annual net assets of ZheJiang RIFA Digital Precision Machinery Co Ltd from 2007 to 2024. For live valuation and market cap data, see market cap of ZheJiang RIFA Digital Precision Machiner.

Year	Net Assets	Change
2024-12-31	CN¥523.29 Million ≈ $76.57 Million	-58.63%
2023-12-31	CN¥1.26 Billion ≈ $185.08 Million	-42.78%
2022-12-31	CN¥2.21 Billion ≈ $323.46 Million	-37.08%
2021-12-31	CN¥3.51 Billion ≈ $514.06 Million	+21.26%
2020-12-31	CN¥2.90 Billion ≈ $423.94 Million	+1.39%
2019-12-31	CN¥2.86 Billion ≈ $418.14 Million	-3.04%
2018-12-31	CN¥2.95 Billion ≈ $431.25 Million	+64.25%
2017-12-31	CN¥1.79 Billion ≈ $262.55 Million	+3.94%
2016-12-31	CN¥1.73 Billion ≈ $252.61 Million	+0.75%
2015-12-31	CN¥1.71 Billion ≈ $250.72 Million	+144.99%
2014-12-31	CN¥699.37 Million ≈ $102.34 Million	+11.23%
2013-12-31	CN¥628.74 Million ≈ $92.00 Million	-14.65%
2012-12-31	CN¥736.63 Million ≈ $107.79 Million	-2.43%
2011-12-31	CN¥755.01 Million ≈ $110.48 Million	+4.72%
2010-12-31	CN¥720.99 Million ≈ $105.50 Million	+307.58%
2009-12-31	CN¥176.90 Million ≈ $25.89 Million	+14.69%
2008-12-31	CN¥154.23 Million ≈ $22.57 Million	+31.22%
2007-12-31	CN¥117.54 Million ≈ $17.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to ZheJiang RIFA Digital Precision Machinery 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 4587.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥750.25 Million	143.97%
Other Comprehensive Income	CN¥106.40 Million	20.42%
Other Components	CN¥2.35 Billion	450.70%
Total Equity	CN¥521.10 Million	100.00%

ZheJiang RIFA Digital Precision Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of ZheJiang RIFA Digital Precision Machinery Co Ltd ranked by their market capitalization.

Company	Market Cap
Sri Trang Agro-Industry Public Company Limited BK:STA-R	$651.11 Million
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. IS:EUPWR	$651.36 Million
Afya Ltd NASDAQ:AFYA	$651.37 Million
SI-TECH Information Technology Co Ltd SHE:300608	$651.45 Million
Bally's Corp NYSE:BALY	$650.91 Million
Mrs. Bectors Food Specialities Limited NSE:BECTORFOOD	$650.88 Million
Bestore Co Ltd SHG:603719	$650.75 Million
Sonida Senior Living Inc NYSE:SNDA	$650.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ZheJiang RIFA Digital Precision Machinery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,263,045,358 to 521,101,635, a change of -741,943,723 (-58.7%).
Net loss of 675,340,890 reduced equity.
Dividend payments of 64,967,268 reduced retained earnings.
Share repurchases of 50,019,069 reduced equity.
Other comprehensive income decreased equity by 16,583,760.
Other factors increased equity by 64,967,264.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-675.34 Million	-129.6%
Dividends Paid	CN¥64.97 Million	-12.47%
Share Repurchases	CN¥50.02 Million	-9.6%
Other Comprehensive Income	CN¥-16.58 Million	-3.18%
Other Changes	CN¥64.97 Million	+12.47%
Total Change	CN¥-	-58.74%

Book Value vs Market Value Analysis

This analysis compares ZheJiang RIFA Digital Precision Machinery 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: 9.04x
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 18.44x to 9.04x 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¥0.32	CN¥5.93	x
2008-12-31	CN¥0.42	CN¥5.93	x
2009-12-31	CN¥0.48	CN¥5.93	x
2010-12-31	CN¥1.99	CN¥5.93	x
2011-12-31	CN¥1.55	CN¥5.93	x
2012-12-31	CN¥1.48	CN¥5.93	x
2013-12-31	CN¥1.34	CN¥5.93	x
2014-12-31	CN¥1.38	CN¥5.93	x
2015-12-31	CN¥2.93	CN¥5.93	x
2016-12-31	CN¥2.87	CN¥5.93	x
2017-12-31	CN¥3.25	CN¥5.93	x
2018-12-31	CN¥5.20	CN¥5.93	x
2019-12-31	CN¥3.89	CN¥5.93	x
2020-12-31	CN¥4.02	CN¥5.93	x
2021-12-31	CN¥4.82	CN¥5.93	x
2022-12-31	CN¥2.63	CN¥5.93	x
2023-12-31	CN¥1.58	CN¥5.93	x
2024-12-31	CN¥0.66	CN¥5.93	x

Capital Efficiency Dashboard

This dashboard shows how efficiently ZheJiang RIFA Digital Precision Machinery 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): -129.60%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -37.43%
• Asset Turnover: 0.55x
• Equity Multiplier: 6.33x
Recent ROE (-129.60%) is below the historical average (-7.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	35.22%	18.60%	0.88x	2.16x	CN¥29.64 Million
2008	23.79%	19.96%	0.75x	1.59x	CN¥21.27 Million
2009	21.49%	18.74%	0.67x	1.70x	CN¥20.33 Million
2010	6.85%	18.61%	0.30x	1.24x	CN¥-22.68 Million
2011	12.98%	22.24%	0.46x	1.26x	CN¥22.52 Million
2012	9.31%	20.90%	0.34x	1.31x	CN¥-5.04 Million
2013	1.33%	3.32%	0.26x	1.56x	CN¥-53.76 Million
2014	7.27%	8.80%	0.41x	2.02x	CN¥-18.22 Million
2015	2.39%	5.15%	0.32x	1.47x	CN¥-125.94 Million
2016	2.44%	5.25%	0.33x	1.40x	CN¥-127.41 Million
2017	3.39%	3.82%	0.59x	1.50x	CN¥-115.76 Million
2018	5.20%	7.66%	0.34x	1.98x	CN¥-139.54 Million
2019	6.18%	8.16%	0.37x	2.04x	CN¥-109.11 Million
2020	3.73%	5.63%	0.30x	2.19x	CN¥-181.49 Million
2021	1.45%	2.33%	0.30x	2.07x	CN¥-299.94 Million
2022	-69.23%	-71.50%	0.36x	2.70x	CN¥-1.75 Billion
2023	-71.49%	-43.34%	0.49x	3.35x	CN¥-1.03 Billion
2024	-129.60%	-37.43%	0.55x	6.33x	CN¥-727.45 Million

Industry Comparison

This section compares ZheJiang RIFA Digital Precision Machinery 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: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ZheJiang RIFA Digital Precision Machinery Co Ltd (002520)	CN¥258.82 Million	35.22%	8.66x	$651.02 Million
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About ZheJiang RIFA Digital Precision Machinery Co Ltd

SHE:002520 China Specialty Industrial Machinery

Market Cap

$651.02 Million

CN¥4.45 Billion CNY

Market Cap Rank

#11196 Global

#3350 in China

Share Price

CN¥5.93

Change (1 day)

+3.13%

52-Week Range

CN¥5.23 - CN¥7.50

All Time High

CN¥19.10