ZheJiang Haers Vacuum Containers Co Ltd
ZheJiang Haers Vacuum Containers Co.,Ltd. engages in the research, development, design, production, and sale of cups and pots of various materials in China and internationally. The company offers stainless steel vacuum insulated containers, glass cups and pots, aluminum bottles and plastic cups under the Hals, SIGG, NONOO, and SANTECO brands. The company also offers glass ceramic products, silico… Read more
ZheJiang Haers Vacuum Containers Co Ltd (002615) - Net Assets
Latest net assets as of September 2025: CN¥1.69 Billion CNY
Based on the latest financial reports, ZheJiang Haers Vacuum Containers Co Ltd (002615) has net assets worth CN¥1.69 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¥3.79 Billion) and total liabilities (CN¥2.10 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¥1.69 Billion |
| % of Total Assets | 44.7% |
| Annual Growth Rate | 20.02% |
| 5-Year Change | 112.79% |
| 10-Year Change | 167.52% |
| Growth Volatility | 67.71 |
ZheJiang Haers Vacuum Containers Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how ZheJiang Haers Vacuum Containers 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 Haers Vacuum Containers Co Ltd (2007–2024)
The table below shows the annual net assets of ZheJiang Haers Vacuum Containers Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.71 Billion | +17.28% |
| 2023-12-31 | CN¥1.46 Billion | +5.78% |
| 2022-12-31 | CN¥1.38 Billion | +46.43% |
| 2021-12-31 | CN¥943.81 Million | +17.13% |
| 2020-12-31 | CN¥805.77 Million | -9.28% |
| 2019-12-31 | CN¥888.23 Million | +7.19% |
| 2018-12-31 | CN¥828.62 Million | +2.17% |
| 2017-12-31 | CN¥811.00 Million | +7.43% |
| 2016-12-31 | CN¥754.89 Million | +17.78% |
| 2015-12-31 | CN¥640.94 Million | -0.71% |
| 2014-12-31 | CN¥645.50 Million | +6.81% |
| 2013-12-31 | CN¥604.37 Million | +8.01% |
| 2012-12-31 | CN¥559.57 Million | +0.77% |
| 2011-12-31 | CN¥555.29 Million | +294.01% |
| 2010-12-31 | CN¥140.93 Million | +27.01% |
| 2009-12-31 | CN¥110.96 Million | +38.59% |
| 2008-12-31 | CN¥80.07 Million | +3.95% |
| 2007-12-31 | CN¥77.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZheJiang Haers Vacuum Containers 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 2050.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥838.58 Million | 48.74% |
| Common Stock | CN¥466.30 Million | 27.10% |
| Other Components | CN¥415.81 Million | 24.17% |
| Total Equity | CN¥1.72 Billion | 100.00% |
ZheJiang Haers Vacuum Containers Co Ltd Competitors by Market Cap
The table below lists competitors of ZheJiang Haers Vacuum Containers Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HLB Life Science Co. Ltd
KQ:067630
|
$240.73 Million |
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
|
$240.76 Million |
|
Markor International Home Furnishings Co Ltd
SHG:600337
|
$240.77 Million |
|
FISHER (JAMES)SONS LS-25
F:6FJ
|
$240.81 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
$240.67 Million |
|
CyberPower Systems Inc
TW:3617
|
$240.62 Million |
|
Zhejiang Goldensea Envi Tech C
SHG:603311
|
$240.57 Million |
|
Shenyang Chemical Industry Co Ltd
SHE:000698
|
$240.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZheJiang Haers Vacuum Containers Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,467,825,342 to 1,720,679,007, a change of 252,853,665 (17.2%).
- Net income of 286,544,933 contributed positively to equity growth.
- Dividend payments of 64,255,536 reduced retained earnings.
- Share repurchases of 452,130 reduced equity.
- Other factors increased equity by 31,016,398.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥286.54 Million | +16.65% |
| Dividends Paid | CN¥64.26 Million | -3.73% |
| Share Repurchases | CN¥452.13K | -0.03% |
| Other Changes | CN¥31.02 Million | +1.8% |
| Total Change | CN¥- | 17.23% |
Book Value vs Market Value Analysis
This analysis compares ZheJiang Haers Vacuum Containers 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: 2.19x
- 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 18.69x to 2.19x 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¥0.44 | CN¥8.29 | x |
| 2008-12-31 | CN¥0.26 | CN¥8.29 | x |
| 2009-12-31 | CN¥0.36 | CN¥8.29 | x |
| 2010-12-31 | CN¥0.46 | CN¥8.29 | x |
| 2011-12-31 | CN¥1.67 | CN¥8.29 | x |
| 2012-12-31 | CN¥1.37 | CN¥8.29 | x |
| 2013-12-31 | CN¥1.47 | CN¥8.29 | x |
| 2014-12-31 | CN¥1.59 | CN¥8.29 | x |
| 2015-12-31 | CN¥1.60 | CN¥8.29 | x |
| 2016-12-31 | CN¥1.82 | CN¥8.29 | x |
| 2017-12-31 | CN¥1.99 | CN¥8.29 | x |
| 2018-12-31 | CN¥1.99 | CN¥8.29 | x |
| 2019-12-31 | CN¥2.17 | CN¥8.29 | x |
| 2020-12-31 | CN¥2.00 | CN¥8.29 | x |
| 2021-12-31 | CN¥2.08 | CN¥8.29 | x |
| 2022-12-31 | CN¥3.03 | CN¥8.29 | x |
| 2023-12-31 | CN¥3.17 | CN¥8.29 | x |
| 2024-12-31 | CN¥3.78 | CN¥8.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZheJiang Haers Vacuum Containers 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): 16.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.60%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.96x
- Recent ROE (16.65%) is above the historical average (13.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.04% | 5.94% | 1.15x | 2.79x | CN¥6.84 Million |
| 2008 | 21.96% | 5.79% | 1.57x | 2.41x | CN¥9.58 Million |
| 2009 | 27.84% | 11.08% | 1.19x | 2.11x | CN¥19.80 Million |
| 2010 | 30.03% | 10.02% | 1.43x | 2.09x | CN¥28.23 Million |
| 2011 | 9.05% | 9.74% | 0.77x | 1.21x | CN¥-5.30 Million |
| 2012 | 7.28% | 7.66% | 0.77x | 1.23x | CN¥-15.20 Million |
| 2013 | 9.68% | 9.52% | 0.82x | 1.24x | CN¥-1.96 Million |
| 2014 | 10.89% | 9.42% | 0.92x | 1.26x | CN¥5.77 Million |
| 2015 | 5.84% | 4.90% | 0.85x | 1.40x | CN¥-26.51 Million |
| 2016 | 15.94% | 8.88% | 0.92x | 1.96x | CN¥44.40 Million |
| 2017 | 13.59% | 7.63% | 0.87x | 2.05x | CN¥29.00 Million |
| 2018 | 12.05% | 5.54% | 1.01x | 2.16x | CN¥16.91 Million |
| 2019 | 6.19% | 3.07% | 0.86x | 2.35x | CN¥-33.98 Million |
| 2020 | -4.03% | -2.18% | 0.71x | 2.58x | CN¥-113.50 Million |
| 2021 | 14.22% | 5.67% | 1.03x | 2.45x | CN¥40.20 Million |
| 2022 | 14.74% | 8.48% | 1.03x | 1.68x | CN¥66.25 Million |
| 2023 | 17.02% | 10.38% | 0.86x | 1.90x | CN¥103.00 Million |
| 2024 | 16.65% | 8.60% | 0.99x | 1.96x | CN¥114.48 Million |
Industry Comparison
This section compares ZheJiang Haers Vacuum Containers Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,649,691,170
- Average return on equity (ROE) among peers: 4.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZheJiang Haers Vacuum Containers Co Ltd (002615) | CN¥1.69 Billion | 19.04% | 1.24x | $240.71 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $243.75 Million | -28.82% | 6.53x | $570.17 Million |
| Huangshan Novel Co Ltd (002014) | $1.41 Billion | 12.64% | 0.29x | $324.87 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.61 Billion | 11.62% | 0.43x | $501.74 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $3.52 Billion | 2.93% | 1.34x | $305.31 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $1.62 Billion | 21.22% | 0.22x | $727.03 Million |
| Zhejiang Great Southeast Co Ltd (002263) | $507.84 Million | 4.90% | 3.19x | $652.72 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $277.22 Million | 36.79% | 0.68x | $465.12 Million |
| Shandong Lipeng Co Ltd (002374) | $2.16 Billion | -31.07% | 1.25x | $410.53 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.07 Billion | 6.80% | 0.73x | $525.36 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.06 Billion | 11.10% | 0.50x | $1.10 Billion |