Zhejiang Reclaim Construction Group Co Ltd
Zhejiang Reclaim Construction Group Co., Ltd. engages in the seawall construction business in China. It undertakes water conservancy and hydropower engineering, municipal public works, ports waterway engineering, housing construction engineering, foundation and foundation treatment engineering, tunnel and bridge engineering, and urban landscaping engineering construction services. The company eng… Read more
Zhejiang Reclaim Construction Group Co Ltd (002586) - Net Assets
Latest net assets as of September 2025: CN¥2.99 Billion CNY
Based on the latest financial reports, Zhejiang Reclaim Construction Group Co Ltd (002586) has net assets worth CN¥2.99 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¥6.59 Billion) and total liabilities (CN¥3.60 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¥2.99 Billion |
| % of Total Assets | 45.4% |
| Annual Growth Rate | 19.26% |
| 5-Year Change | -13.42% |
| 10-Year Change | 79.0% |
| Growth Volatility | 61.7 |
Zhejiang Reclaim Construction Group Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Zhejiang Reclaim Construction Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Reclaim Construction Group Co Ltd (2008–2024)
The table below shows the annual net assets of Zhejiang Reclaim Construction Group Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.94 Billion | -5.53% |
| 2023-12-31 | CN¥3.12 Billion | -20.36% |
| 2022-12-31 | CN¥3.91 Billion | +5.17% |
| 2021-12-31 | CN¥3.72 Billion | +9.42% |
| 2020-12-31 | CN¥3.40 Billion | -20.15% |
| 2019-12-31 | CN¥4.26 Billion | -23.05% |
| 2018-12-31 | CN¥5.53 Billion | +27.05% |
| 2017-12-31 | CN¥4.35 Billion | +154.69% |
| 2016-12-31 | CN¥1.71 Billion | +3.98% |
| 2015-12-31 | CN¥1.64 Billion | +1.87% |
| 2014-12-31 | CN¥1.61 Billion | +63.84% |
| 2013-12-31 | CN¥985.22 Million | +8.05% |
| 2012-12-31 | CN¥911.83 Million | +11.21% |
| 2011-12-31 | CN¥819.94 Million | +207.85% |
| 2010-12-31 | CN¥266.35 Million | +25.52% |
| 2009-12-31 | CN¥212.19 Million | +20.64% |
| 2008-12-31 | CN¥175.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Reclaim Construction 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 6579.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.14 Billion | 39.02% |
| Other Comprehensive Income | CN¥1.12 Billion | 38.05% |
| Other Components | CN¥3.31 Billion | 113.02% |
| Total Equity | CN¥2.93 Billion | 100.00% |
Zhejiang Reclaim Construction Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Reclaim Construction Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Haihua Co Ltd
SHE:000822
|
$458.14 Million |
|
EverQuote Inc Class A
NASDAQ:EVER
|
$458.37 Million |
|
Inventiva Sa
NASDAQ:IVA
|
$458.40 Million |
|
Glenveagh Properties PLC
PINK:GLVHF
|
$458.41 Million |
|
ITD Cementation India Limited
NSE:ITDCEM
|
$458.12 Million |
|
Beijing Abt Networks Co Ltd
SHG:688168
|
$457.98 Million |
|
Genting Plantations Bhd
KLSE:2291
|
$457.60 Million |
|
Sinopec Kantons Holdings Limited
F:SAK
|
$457.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Reclaim Construction Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,073,652,306 to 2,932,294,725, a change of -141,357,581 (-4.6%).
- Net loss of 151,086,883 reduced equity.
- Dividend payments of 49,954,258 reduced retained earnings.
- Other comprehensive income increased equity by 17,017,588.
- Other factors increased equity by 42,665,972.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-151.09 Million | -5.15% |
| Dividends Paid | CN¥49.95 Million | -1.7% |
| Other Comprehensive Income | CN¥17.02 Million | +0.58% |
| Other Changes | CN¥42.67 Million | +1.46% |
| Total Change | CN¥- | -4.60% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Reclaim Construction 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: 2.02x
- 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 14.88x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.35 | CN¥5.18 | x |
| 2009-12-31 | CN¥0.42 | CN¥5.18 | x |
| 2010-12-31 | CN¥0.56 | CN¥5.18 | x |
| 2011-12-31 | CN¥1.44 | CN¥5.18 | x |
| 2012-12-31 | CN¥1.40 | CN¥5.18 | x |
| 2013-12-31 | CN¥1.55 | CN¥5.18 | x |
| 2014-12-31 | CN¥2.14 | CN¥5.18 | x |
| 2015-12-31 | CN¥2.25 | CN¥5.18 | x |
| 2016-12-31 | CN¥2.31 | CN¥5.18 | x |
| 2017-12-31 | CN¥4.41 | CN¥5.18 | x |
| 2018-12-31 | CN¥4.86 | CN¥5.18 | x |
| 2019-12-31 | CN¥3.54 | CN¥5.18 | x |
| 2020-12-31 | CN¥2.92 | CN¥5.18 | x |
| 2021-12-31 | CN¥3.13 | CN¥5.18 | x |
| 2022-12-31 | CN¥3.33 | CN¥5.18 | x |
| 2023-12-31 | CN¥2.69 | CN¥5.18 | x |
| 2024-12-31 | CN¥2.56 | CN¥5.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Reclaim Construction 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): -5.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.09%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.58x
- Recent ROE (-5.15%) is below the historical average (2.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 18.65% | 4.29% | 1.04x | 4.17x | CN¥13.70 Million |
| 2009 | 22.34% | 4.68% | 1.34x | 3.56x | CN¥23.83 Million |
| 2010 | 23.59% | 5.58% | 1.23x | 3.45x | CN¥32.68 Million |
| 2011 | 9.49% | 5.75% | 0.75x | 2.21x | CN¥-4.05 Million |
| 2012 | 10.02% | 6.21% | 0.67x | 2.40x | CN¥148.34K |
| 2013 | 10.32% | 5.95% | 0.62x | 2.79x | CN¥2.96 Million |
| 2014 | 6.55% | 5.57% | 0.54x | 2.20x | CN¥-53.62 Million |
| 2015 | 3.99% | 3.34% | 0.43x | 2.81x | CN¥-95.22 Million |
| 2016 | 5.63% | 4.24% | 0.39x | 3.38x | CN¥-72.23 Million |
| 2017 | 4.99% | 7.43% | 0.33x | 2.03x | CN¥-214.45 Million |
| 2018 | 4.73% | 7.14% | 0.31x | 2.11x | CN¥-281.89 Million |
| 2019 | -27.51% | -32.41% | 0.35x | 2.45x | CN¥-1.52 Billion |
| 2020 | -12.75% | -19.80% | 0.26x | 2.47x | CN¥-759.75 Million |
| 2021 | -1.64% | -2.28% | 0.29x | 2.48x | CN¥-416.56 Million |
| 2022 | -20.58% | -30.49% | 0.30x | 2.24x | CN¥-1.17 Billion |
| 2023 | -4.46% | -6.43% | 0.28x | 2.50x | CN¥-444.47 Million |
| 2024 | -5.15% | -6.09% | 0.33x | 2.58x | CN¥-444.32 Million |
Industry Comparison
This section compares Zhejiang Reclaim Construction Group Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,180,414,454
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Reclaim Construction Group Co Ltd (002586) | CN¥2.99 Billion | 18.65% | 1.20x | $458.12 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $83.78 Million | 8.82% | 1.77x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $1.81 Billion | 11.82% | 0.43x | $1.21 Billion |
| NORINCO International Cooperation Ltd (000065) | $5.45 Billion | 12.95% | 1.70x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $15.10 Billion | 10.04% | 3.60x | $590.29 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $724.53 Million | 0.08% | 1.12x | $593.30 Million |
| Jinyuan Cement Co Ltd (000546) | $180.30 Million | 2.77% | 1.35x | $309.89 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $549.49 Million | 2.66% | 1.64x | $1.19 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $359.90 Million | 10.16% | 0.28x | $308.60 Million |
| Hainan Expressway Co Ltd (000886) | $2.32 Billion | 9.03% | 0.67x | $592.23 Million |
| Sinosteel Engineering and Technology Co Ltd (000928) | $5.22 Billion | 10.25% | 2.51x | $707.52 Million |