Zhejiang Century Huatong Group Co Ltd
Zhejiang Century Huatong Group Co.,Ltd engages in the auto parts, Internet games, and artificial intelligence cloud data businesses in China and internationally. The company is involved in manufacturing, processing, and sales of auto parts, motorcycle parts, and precision metal molds; designing, production, and sale of metal stamping parts and injection molded parts; wholesale of plastic particle… Read more
Zhejiang Century Huatong Group Co Ltd (002602) - Net Assets
Latest net assets as of September 2025: CN¥29.93 Billion CNY
Based on the latest financial reports, Zhejiang Century Huatong Group Co Ltd (002602) has net assets worth CN¥29.93 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¥43.23 Billion) and total liabilities (CN¥13.30 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¥29.93 Billion |
| % of Total Assets | 69.24% |
| Annual Growth Rate | 35.43% |
| 5-Year Change | -15.02% |
| 10-Year Change | 537.33% |
| Growth Volatility | 76.55 |
Zhejiang Century Huatong Group Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Zhejiang Century Huatong 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 Century Huatong Group Co Ltd (2008–2024)
The table below shows the annual net assets of Zhejiang Century Huatong Group Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥25.45 Billion | -2.07% |
| 2023-12-31 | CN¥25.99 Billion | +2.53% |
| 2022-12-31 | CN¥25.35 Billion | -21.16% |
| 2021-12-31 | CN¥32.15 Billion | +7.37% |
| 2020-12-31 | CN¥29.95 Billion | +20.42% |
| 2019-12-31 | CN¥24.87 Billion | +79.11% |
| 2018-12-31 | CN¥13.88 Billion | +172.40% |
| 2017-12-31 | CN¥5.10 Billion | +15.86% |
| 2016-12-31 | CN¥4.40 Billion | +10.17% |
| 2015-12-31 | CN¥3.99 Billion | +9.82% |
| 2014-12-31 | CN¥3.64 Billion | +120.88% |
| 2013-12-31 | CN¥1.65 Billion | +3.56% |
| 2012-12-31 | CN¥1.59 Billion | +3.02% |
| 2011-12-31 | CN¥1.54 Billion | +276.42% |
| 2010-12-31 | CN¥409.96 Million | +51.46% |
| 2009-12-31 | CN¥270.67 Million | +36.22% |
| 2008-12-31 | CN¥198.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Century Huatong 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 grown by 10238.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.40 Billion | 17.72% |
| Common Stock | CN¥7.45 Billion | 30.04% |
| Other Comprehensive Income | CN¥421.79 Million | 1.70% |
| Other Components | CN¥12.54 Billion | 50.54% |
| Total Equity | CN¥24.81 Billion | 100.00% |
Zhejiang Century Huatong Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Century Huatong Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Origin Energy Ltd
AU:ORG
|
$12.36 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
NYSE:EBR-B
|
$12.36 Billion |
|
Allegion PLC
NYSE:ALLE
|
$12.38 Billion |
|
Inpex Corporation
PINK:IPXHF
|
$12.38 Billion |
|
Roku Inc
NASDAQ:ROKU
|
$12.34 Billion |
|
Geely Automobile Holdings Ltd
PINK:GELYF
|
$12.34 Billion |
|
WESCO International Inc
NYSE:WCC
|
$12.34 Billion |
|
Watsco Inc
NYSE:WSO
|
$12.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Century Huatong Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,898,557,302 to 24,808,752,432, a change of -89,804,870 (-0.4%).
- Net income of 1,213,198,000 contributed positively to equity growth.
- Dividend payments of 296,594,541 reduced retained earnings.
- Share repurchases of 50,999,820 reduced equity.
- Other comprehensive income decreased equity by 1,180,859,460.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.21 Billion | +4.89% |
| Dividends Paid | CN¥296.59 Million | -1.2% |
| Share Repurchases | CN¥51.00 Million | -0.21% |
| Other Comprehensive Income | CN¥-1.18 Billion | -4.76% |
| Other Changes | CN¥225.45 Million | +0.91% |
| Total Change | CN¥- | -0.36% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Century Huatong 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: 4.83x
- 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 101.76x to 4.83x 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¥0.17 | CN¥16.80 | x |
| 2009-12-31 | CN¥0.22 | CN¥16.80 | x |
| 2010-12-31 | CN¥0.34 | CN¥16.80 | x |
| 2011-12-31 | CN¥1.12 | CN¥16.80 | x |
| 2012-12-31 | CN¥0.99 | CN¥16.80 | x |
| 2013-12-31 | CN¥1.02 | CN¥16.80 | x |
| 2014-12-31 | CN¥1.69 | CN¥16.80 | x |
| 2015-12-31 | CN¥1.27 | CN¥16.80 | x |
| 2016-12-31 | CN¥1.39 | CN¥16.80 | x |
| 2017-12-31 | CN¥1.61 | CN¥16.80 | x |
| 2018-12-31 | CN¥2.92 | CN¥16.80 | x |
| 2019-12-31 | CN¥4.08 | CN¥16.80 | x |
| 2020-12-31 | CN¥3.93 | CN¥16.80 | x |
| 2021-12-31 | CN¥4.23 | CN¥16.80 | x |
| 2022-12-31 | CN¥3.27 | CN¥16.80 | x |
| 2023-12-31 | CN¥3.33 | CN¥16.80 | x |
| 2024-12-31 | CN¥3.48 | CN¥16.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Century Huatong 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): 4.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.36%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.57x
- Recent ROE (4.89%) is below the historical average (11.32%), 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 | 38.78% | 18.31% | 1.05x | 2.01x | CN¥57.19 Million |
| 2009 | 37.67% | 17.94% | 0.85x | 2.46x | CN¥74.90 Million |
| 2010 | 38.73% | 17.49% | 1.03x | 2.16x | CN¥117.79 Million |
| 2011 | 9.17% | 14.16% | 0.58x | 1.11x | CN¥-12.87 Million |
| 2012 | 5.90% | 10.05% | 0.49x | 1.20x | CN¥-65.01 Million |
| 2013 | 4.95% | 6.61% | 0.59x | 1.26x | CN¥-82.74 Million |
| 2014 | 5.77% | 12.22% | 0.41x | 1.16x | CN¥-153.53 Million |
| 2015 | 10.24% | 13.48% | 0.60x | 1.27x | CN¥9.49 Million |
| 2016 | 11.48% | 14.57% | 0.63x | 1.26x | CN¥64.95 Million |
| 2017 | 15.50% | 22.42% | 0.54x | 1.27x | CN¥277.78 Million |
| 2018 | 9.71% | 10.75% | 0.75x | 1.21x | CN¥-40.28 Million |
| 2019 | 9.31% | 15.56% | 0.45x | 1.32x | CN¥-169.20 Million |
| 2020 | 10.19% | 19.66% | 0.35x | 1.48x | CN¥54.44 Million |
| 2021 | 7.49% | 16.70% | 0.34x | 1.31x | CN¥-781.52 Million |
| 2022 | -29.40% | -61.80% | 0.34x | 1.38x | CN¥-9.50 Billion |
| 2023 | 2.10% | 3.94% | 0.36x | 1.50x | CN¥-1.97 Billion |
| 2024 | 4.89% | 5.36% | 0.58x | 1.57x | CN¥-1.27 Billion |
Industry Comparison
This section compares Zhejiang Century Huatong Group Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,115,146,611
- Average return on equity (ROE) among peers: 10.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Century Huatong Group Co Ltd (002602) | CN¥29.93 Billion | 38.78% | 0.44x | $12.35 Billion |
| YOUZU Interactive Co Ltd (002174) | $60.13 Million | 12.86% | 0.48x | $1.28 Billion |
| Dalian Zeus Entertainment (002354) | $468.02 Million | 29.80% | 1.07x | $1.31 Billion |
| Kaiser China Holding Co Ltd (002425) | $1.57 Billion | 1.62% | 0.12x | $371.29 Million |
| Kingnet Network Co Ltd (002517) | $92.11 Million | 18.19% | 2.00x | $4.39 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $7.29 Billion | 22.24% | 0.26x | $4.08 Billion |
| Giant Network Group Co Ltd (002558) | $9.52 Billion | 10.80% | 0.14x | $5.20 Billion |
| Shenzhen Zqgame (300052) | $387.42 Million | -13.61% | 1.15x | $394.21 Million |
| Hangzhou Shunwang Tech (300113) | $3.10 Billion | 10.38% | 0.25x | $1.67 Billion |
| Ourpalm (300315) | $5.55 Billion | 6.56% | 0.08x | $1.78 Billion |