Zhejiang Semir Garment Co Ltd (002563) - Net Assets
Based on the latest financial reports, Zhejiang Semir Garment Co Ltd (002563) has net assets worth CN¥11.69 Billion CNY (≈ $1.71 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¥17.95 Billion ≈ $2.63 Billion USD) and total liabilities (CN¥6.26 Billion ≈ $915.63 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 002563 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¥11.69 Billion |
| % of Total Assets | 65.13% |
| Annual Growth Rate | 20.17% |
| 5-Year Change | -2.62% |
| 10-Year Change | 13.79% |
| Growth Volatility | 70.4 |
Zhejiang Semir Garment Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Zhejiang Semir Garment Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Zhejiang Semir Garment Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Semir Garment Co Ltd (2007–2025)
The table below shows the annual net assets of Zhejiang Semir Garment Co Ltd from 2007 to 2025. For live valuation and market cap data, see 002563 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.38 Billion ≈ $1.66 Billion |
-3.80% |
| 2024-12-31 | CN¥11.83 Billion ≈ $1.73 Billion |
+2.94% |
| 2023-12-31 | CN¥11.49 Billion ≈ $1.68 Billion |
+5.46% |
| 2022-12-31 | CN¥10.89 Billion ≈ $1.59 Billion |
-6.76% |
| 2021-12-31 | CN¥11.68 Billion ≈ $1.71 Billion |
+1.59% |
| 2020-12-31 | CN¥11.50 Billion ≈ $1.68 Billion |
-2.49% |
| 2019-12-31 | CN¥11.79 Billion ≈ $1.73 Billion |
+5.38% |
| 2018-12-31 | CN¥11.19 Billion ≈ $1.64 Billion |
+10.63% |
| 2017-12-31 | CN¥10.12 Billion ≈ $1.48 Billion |
+1.19% |
| 2016-12-31 | CN¥10.00 Billion ≈ $1.46 Billion |
+7.97% |
| 2015-12-31 | CN¥9.26 Billion ≈ $1.36 Billion |
+8.87% |
| 2014-12-31 | CN¥8.51 Billion ≈ $1.24 Billion |
+5.22% |
| 2013-12-31 | CN¥8.08 Billion ≈ $1.18 Billion |
+3.00% |
| 2012-12-31 | CN¥7.85 Billion ≈ $1.15 Billion |
+1.17% |
| 2011-12-31 | CN¥7.76 Billion ≈ $1.14 Billion |
+287.22% |
| 2010-12-31 | CN¥2.00 Billion ≈ $293.17 Million |
+99.79% |
| 2009-12-31 | CN¥1.00 Billion ≈ $146.73 Million |
+115.24% |
| 2008-12-31 | CN¥465.88 Million ≈ $68.17 Million |
+11.86% |
| 2007-12-31 | CN¥416.48 Million ≈ $60.94 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Semir Garment 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 17667.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.29 Billion | 37.64% |
| Other Components | CN¥7.10 Billion | 62.36% |
| Total Equity | CN¥11.39 Billion | 100.00% |
Zhejiang Semir Garment Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Semir Garment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capri Holdings Ltd
NYSE:CPRI
|
$2.07 Billion |
|
Sichuan Swellfun Co Ltd
SHG:600779
|
$2.07 Billion |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
$2.07 Billion |
|
Compania Cervecerias Unidas SA ADR
NYSE:CCU
|
$2.07 Billion |
|
Wankai New Materials Co. Ltd.
SHE:301216
|
$2.07 Billion |
|
Netac Tech
SHE:300042
|
$2.06 Billion |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$2.06 Billion |
|
Northwest Natural Gas Co
NYSE:NWN
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Semir Garment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,830,344,557 to 11,390,946,974, a change of -439,397,583 (-3.7%).
- Net income of 892,415,747 contributed positively to equity growth.
- Dividend payments of 1,347,045,080 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥892.42 Million | +7.83% |
| Dividends Paid | CN¥1.35 Billion | -11.83% |
| Other Changes | CN¥15.23 Million | +0.13% |
| Total Change | CN¥- | -3.71% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Semir Garment 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: 1.24x
- 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 23.60x to 1.24x 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¥0.22 | CN¥5.24 | x |
| 2008-12-31 | CN¥0.24 | CN¥5.24 | x |
| 2009-12-31 | CN¥0.42 | CN¥5.24 | x |
| 2010-12-31 | CN¥0.84 | CN¥5.24 | x |
| 2011-12-31 | CN¥2.96 | CN¥5.24 | x |
| 2012-12-31 | CN¥2.94 | CN¥5.24 | x |
| 2013-12-31 | CN¥3.02 | CN¥5.24 | x |
| 2014-12-31 | CN¥3.19 | CN¥5.24 | x |
| 2015-12-31 | CN¥3.42 | CN¥5.24 | x |
| 2016-12-31 | CN¥3.71 | CN¥5.24 | x |
| 2017-12-31 | CN¥3.73 | CN¥5.24 | x |
| 2018-12-31 | CN¥4.15 | CN¥5.24 | x |
| 2019-12-31 | CN¥4.37 | CN¥5.24 | x |
| 2020-12-31 | CN¥4.26 | CN¥5.24 | x |
| 2021-12-31 | CN¥4.33 | CN¥5.24 | x |
| 2022-12-31 | CN¥4.05 | CN¥5.24 | x |
| 2023-12-31 | CN¥4.30 | CN¥5.24 | x |
| 2024-12-31 | CN¥4.39 | CN¥5.24 | x |
| 2025-12-31 | CN¥4.23 | CN¥5.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Semir Garment 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): 7.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.64x
- Recent ROE (7.83%) is below the historical average (22.13%), 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 | 36.03% | 8.23% | 3.35x | 1.30x | CN¥108.40 Million |
| 2008 | 95.18% | 13.42% | 3.08x | 2.30x | CN¥396.83 Million |
| 2009 | 68.50% | 16.26% | 2.10x | 2.01x | CN¥586.59 Million |
| 2010 | 49.95% | 16.01% | 1.77x | 1.77x | CN¥800.34 Million |
| 2011 | 15.77% | 15.76% | 0.85x | 1.17x | CN¥447.65 Million |
| 2012 | 9.69% | 10.77% | 0.76x | 1.18x | CN¥-24.04 Million |
| 2013 | 11.16% | 12.37% | 0.75x | 1.20x | CN¥93.95 Million |
| 2014 | 12.85% | 13.41% | 0.79x | 1.22x | CN¥241.99 Million |
| 2015 | 14.61% | 14.27% | 0.81x | 1.26x | CN¥425.69 Million |
| 2016 | 14.27% | 13.37% | 0.82x | 1.30x | CN¥427.20 Million |
| 2017 | 11.27% | 9.46% | 0.88x | 1.35x | CN¥127.79 Million |
| 2018 | 15.20% | 10.77% | 0.95x | 1.49x | CN¥579.05 Million |
| 2019 | 13.17% | 8.01% | 1.16x | 1.41x | CN¥372.93 Million |
| 2020 | 7.02% | 5.30% | 0.89x | 1.50x | CN¥-341.62 Million |
| 2021 | 12.74% | 9.64% | 0.78x | 1.70x | CN¥320.14 Million |
| 2022 | 5.84% | 4.78% | 0.73x | 1.68x | CN¥-453.05 Million |
| 2023 | 9.76% | 8.21% | 0.76x | 1.56x | CN¥-27.83 Million |
| 2024 | 9.61% | 7.78% | 0.77x | 1.61x | CN¥-45.63 Million |
| 2025 | 7.83% | 5.91% | 0.81x | 1.64x | CN¥-246.68 Million |
Industry Comparison
This section compares Zhejiang Semir Garment Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,404,192,553
- Average return on equity (ROE) among peers: 10.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Semir Garment Co Ltd (002563) | CN¥11.69 Billion | 36.03% | 0.54x | $2.07 Billion |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $102.45 Million | 19.43% | 1.20x | $1.50 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $93.53 Million | 26.70% | 1.07x | $902.71 Million |
| Fujian SBS Zipper Science Tech (002098) | $1.13 Billion | 10.49% | 0.29x | $356.75 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $2.53 Billion | 1.03% | 0.68x | $828.56 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $4.13 Billion | 20.56% | 0.70x | $514.72 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.82 Billion | 7.87% | 0.67x | $504.83 Million |
| Cedar Development Co Ltd (002485) | $1.38 Billion | -0.77% | 0.43x | $390.86 Million |
| Huasi Agricultural Development Co Ltd (002494) | $1.20 Billion | -1.08% | 0.39x | $259.50 Million |
| Zhejiang Busen Garments Co Ltd (002569) | $250.92 Million | 12.97% | 0.52x | $347.29 Million |
About Zhejiang Semir Garment Co Ltd
Zhejiang Semir Garment Co., Ltd. produces and sells casual apparels in China and internationally. The company provides men's, women's, and children's clothing, shoes, and accessories; home furnishings, and supplies; clothing for infants and toddler; uniforms and innerwear; women's dresses, knitwear, and skirts; and outdoor sportswear. It also offers its products under the Semir, Balabala, MARCOLO… Read more