ZheJiang BangJie Digital Knitting Share Co Ltd
Zhejiang Bangjie Holding Group Co.,Ltd engages in the research and development, weaving, and marketing of seamless garments in China and internationally. The company offers underwear, knitted, and suit series products; sports and outdoor wear comprising beach wear, sportswear, outdoor travel wear, etc.; casual wear products, including family wear, pajamas, etc.; fashion products, such as youth an… Read more
ZheJiang BangJie Digital Knitting Share Co Ltd (002634) - Net Assets
Latest net assets as of September 2025: CN¥-839.95 Million CNY
Based on the latest financial reports, ZheJiang BangJie Digital Knitting Share Co Ltd (002634) has net assets worth CN¥-839.95 Million 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¥2.16 Billion) and total liabilities (CN¥3.00 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¥-839.95 Million |
| % of Total Assets | -38.88% |
| Annual Growth Rate | 5.4% |
| 5-Year Change | -70.91% |
| 10-Year Change | -75.05% |
| Growth Volatility | 54.97 |
ZheJiang BangJie Digital Knitting Share Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how ZheJiang BangJie Digital Knitting Share 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 BangJie Digital Knitting Share Co Ltd (2008–2024)
The table below shows the annual net assets of ZheJiang BangJie Digital Knitting Share Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥221.26 Million | -84.45% |
| 2023-12-31 | CN¥1.42 Billion | +54.49% |
| 2022-12-31 | CN¥921.20 Million | +12.49% |
| 2021-12-31 | CN¥818.91 Million | +7.68% |
| 2020-12-31 | CN¥760.49 Million | +10.72% |
| 2019-12-31 | CN¥686.86 Million | +0.14% |
| 2018-12-31 | CN¥685.93 Million | -25.77% |
| 2017-12-31 | CN¥924.03 Million | +3.11% |
| 2016-12-31 | CN¥896.16 Million | +1.06% |
| 2015-12-31 | CN¥886.75 Million | +38.51% |
| 2014-12-31 | CN¥640.22 Million | +29.66% |
| 2013-12-31 | CN¥493.76 Million | +1.86% |
| 2012-12-31 | CN¥484.76 Million | +4.27% |
| 2011-12-31 | CN¥464.91 Million | +197.83% |
| 2010-12-31 | CN¥156.10 Million | +33.88% |
| 2009-12-31 | CN¥116.59 Million | +22.25% |
| 2008-12-31 | CN¥95.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZheJiang BangJie Digital Knitting Share 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 2486.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥459.35 Million | 153.20% |
| Other Comprehensive Income | CN¥71.07 Million | 23.70% |
| Other Components | CN¥132.61 Million | 44.22% |
| Total Equity | CN¥299.84 Million | 100.00% |
ZheJiang BangJie Digital Knitting Share Co Ltd Competitors by Market Cap
The table below lists competitors of ZheJiang BangJie Digital Knitting Share Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Porter Holding International Inc
PINK:ULNV
|
$297.19 Million |
|
GBank Financial Holdings Inc. Common Stock
OTCQX:GBFH
|
$297.20 Million |
|
Tokmanni Group Oyj
HE:TOKMAN
|
$297.21 Million |
|
Shandong Keyuan Pharmaceutical Co. Ltd. A
SHE:301281
|
$297.26 Million |
|
Sprout Social Inc
NASDAQ:SPT
|
$297.18 Million |
|
Hengong Precision Equipment Co Ltd
SHE:301261
|
$297.00 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$296.79 Million |
|
BTS Group AB (publ)
OTCGREY:BGPBF
|
$296.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZheJiang BangJie Digital Knitting Share Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,095,604,038 to 299,844,874, a change of -795,759,164 (-72.6%).
- Net loss of 672,339,209 reduced equity.
- Dividend payments of 9,115,634 reduced retained earnings.
- Share repurchases of 108,469,390 reduced equity.
- Other comprehensive income decreased equity by 7,012,503.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-672.34 Million | -224.23% |
| Dividends Paid | CN¥9.12 Million | -3.04% |
| Share Repurchases | CN¥108.47 Million | -36.18% |
| Other Comprehensive Income | CN¥-7.01 Million | -2.34% |
| Other Changes | CN¥1.18 Million | +0.39% |
| Total Change | CN¥- | -72.63% |
Book Value vs Market Value Analysis
This analysis compares ZheJiang BangJie Digital Knitting Share 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: 9.97x
- 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 22.50x to 9.97x 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¥0.29 | CN¥6.58 | x |
| 2009-12-31 | CN¥0.36 | CN¥6.58 | x |
| 2010-12-31 | CN¥0.48 | CN¥6.58 | x |
| 2011-12-31 | CN¥1.41 | CN¥6.58 | x |
| 2012-12-31 | CN¥1.13 | CN¥6.58 | x |
| 2013-12-31 | CN¥1.13 | CN¥6.58 | x |
| 2014-12-31 | CN¥1.48 | CN¥6.58 | x |
| 2015-12-31 | CN¥1.44 | CN¥6.58 | x |
| 2016-12-31 | CN¥1.48 | CN¥6.58 | x |
| 2017-12-31 | CN¥1.43 | CN¥6.58 | x |
| 2018-12-31 | CN¥1.51 | CN¥6.58 | x |
| 2019-12-31 | CN¥1.52 | CN¥6.58 | x |
| 2020-12-31 | CN¥1.68 | CN¥6.58 | x |
| 2021-12-31 | CN¥1.80 | CN¥6.58 | x |
| 2022-12-31 | CN¥2.01 | CN¥6.58 | x |
| 2023-12-31 | CN¥2.35 | CN¥6.58 | x |
| 2024-12-31 | CN¥0.66 | CN¥6.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZheJiang BangJie Digital Knitting Share 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): -224.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -60.82%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 10.93x
- Recent ROE (-224.23%) is below the historical average (-5.43%), 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 | 17.48% | 10.10% | 0.53x | 3.28x | CN¥7.14 Million |
| 2009 | 18.20% | 11.46% | 0.56x | 2.81x | CN¥9.56 Million |
| 2010 | 25.31% | 13.87% | 0.75x | 2.45x | CN¥23.90 Million |
| 2011 | 9.92% | 13.43% | 0.51x | 1.46x | CN¥-376.98K |
| 2012 | 8.22% | 11.52% | 0.51x | 1.39x | CN¥-8.62 Million |
| 2013 | 5.88% | 7.75% | 0.53x | 1.42x | CN¥-20.36 Million |
| 2014 | 5.27% | 9.02% | 0.47x | 1.24x | CN¥-30.28 Million |
| 2015 | 5.57% | 10.53% | 0.32x | 1.67x | CN¥-28.85 Million |
| 2016 | 6.07% | 9.77% | 0.38x | 1.64x | CN¥-26.16 Million |
| 2017 | 6.98% | 10.75% | 0.39x | 1.66x | CN¥-20.83 Million |
| 2018 | 2.65% | 4.29% | 0.44x | 1.42x | CN¥-50.45 Million |
| 2019 | 5.54% | 6.33% | 0.63x | 1.39x | CN¥-30.63 Million |
| 2020 | 8.13% | 9.86% | 0.61x | 1.34x | CN¥-14.22 Million |
| 2021 | 6.83% | 9.06% | 0.56x | 1.34x | CN¥-25.83 Million |
| 2022 | 7.95% | 11.98% | 0.47x | 1.41x | CN¥-18.79 Million |
| 2023 | -8.07% | -11.58% | 0.15x | 4.50x | CN¥-197.99 Million |
| 2024 | -224.23% | -60.82% | 0.34x | 10.93x | CN¥-702.32 Million |
Industry Comparison
This section compares ZheJiang BangJie Digital Knitting Share Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,303,229,333
- Average return on equity (ROE) among peers: 5.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZheJiang BangJie Digital Knitting Share Co Ltd (002634) | CN¥-839.95 Million | 17.48% | N/A | $297.19 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $2.26 Billion | 13.08% | 0.18x | $870.34 Million |
| Fujian Septwolves Industry Co Ltd (002029) | $1.66 Billion | 17.01% | 0.46x | $462.90 Million |
| Fujian SBS Zipper Science Tech (002098) | $603.58 Million | 5.15% | 1.09x | $196.39 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $667.53 Million | 54.53% | 1.78x | $368.08 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $380.29 Million | 14.59% | 1.41x | $268.61 Million |
| Cedar Development Co Ltd (002485) | $2.01 Billion | 1.82% | 0.15x | $114.55 Million |
| Huasi Agricultural Development Co Ltd (002494) | $1.41 Billion | 6.72% | 0.52x | $193.94 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $11.68 Billion | 12.72% | 0.69x | $516.52 Million |
| Zhejiang Busen Garments Co Ltd (002569) | $93.38 Million | -71.75% | 1.53x | $191.63 Million |
| Lancy Co Ltd (002612) | $2.26 Billion | 5.37% | 0.28x | $459.54 Million |