Zhejiang Yueling Co Ltd (002725) - Net Assets
Based on the latest financial reports, Zhejiang Yueling Co Ltd (002725) has net assets worth CN¥976.43 Million CNY (≈ $142.88 Million 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¥1.35 Billion ≈ $198.20 Million USD) and total liabilities (CN¥378.06 Million ≈ $55.32 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 002725 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥976.43 Million |
| % of Total Assets | 72.09% |
| Annual Growth Rate | 13.02% |
| 5-Year Change | -4.15% |
| 10-Year Change | 9.68% |
| Growth Volatility | 27.37 |
Zhejiang Yueling Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Zhejiang Yueling Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002725 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Yueling Co Ltd (2009–2025)
The table below shows the annual net assets of Zhejiang Yueling Co Ltd from 2009 to 2025. For live valuation and market cap data, see market cap of Zhejiang Yueling Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥997.19 Million ≈ $145.92 Million |
-1.50% |
| 2024-12-31 | CN¥1.01 Billion ≈ $148.15 Million |
+4.93% |
| 2023-12-31 | CN¥964.88 Million ≈ $141.19 Million |
-5.43% |
| 2022-12-31 | CN¥1.02 Billion ≈ $149.29 Million |
-1.93% |
| 2021-12-31 | CN¥1.04 Billion ≈ $152.23 Million |
+2.43% |
| 2020-12-31 | CN¥1.02 Billion ≈ $148.61 Million |
+5.43% |
| 2019-12-31 | CN¥963.28 Million ≈ $140.96 Million |
+0.81% |
| 2018-12-31 | CN¥955.51 Million ≈ $139.82 Million |
+5.11% |
| 2017-12-31 | CN¥909.04 Million ≈ $133.02 Million |
-0.02% |
| 2016-12-31 | CN¥909.21 Million ≈ $133.05 Million |
+2.40% |
| 2015-12-31 | CN¥887.90 Million ≈ $129.93 Million |
+1.97% |
| 2014-12-31 | CN¥870.72 Million ≈ $127.41 Million |
+82.46% |
| 2013-12-31 | CN¥477.22 Million ≈ $69.83 Million |
+18.41% |
| 2012-12-31 | CN¥403.03 Million ≈ $58.98 Million |
+25.07% |
| 2011-12-31 | CN¥322.24 Million ≈ $47.15 Million |
+86.32% |
| 2010-12-31 | CN¥172.95 Million ≈ $25.31 Million |
+22.84% |
| 2009-12-31 | CN¥140.80 Million ≈ $20.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Yueling 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 277.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥336.73 Million | 33.78% |
| Other Components | CN¥660.14 Million | 66.22% |
| Total Equity | CN¥996.87 Million | 100.00% |
Zhejiang Yueling Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Yueling Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MH Robot & Automation Co. Ltd.
SHE:301199
|
$513.28 Million |
|
MIDEA REAL HLDG HD 1
F:MR9
|
$513.51 Million |
|
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT
JK:LSIP
|
$513.52 Million |
|
Si-Bone Inc
NASDAQ:SIBN
|
$513.67 Million |
|
Fuchun Technology Co Ltd
SHE:300299
|
$513.14 Million |
|
Greenlight Capital Re Ltd
NASDAQ:GLRE
|
$513.08 Million |
|
Algoma Steel Group Inc
TO:ASTL
|
$513.07 Million |
|
OPTHEA LTD (SP.ADR/8)
F:UKJ2
|
$512.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Yueling Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,012,074,190 to 996,867,280, a change of -15,206,910 (-1.5%).
- Net income of 14,567,301 contributed positively to equity growth.
- Dividend payments of 1,667,724 reduced retained earnings.
- Other comprehensive income decreased equity by 135,056,514.
- Other factors increased equity by 106,950,027.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥14.57 Million | +1.46% |
| Dividends Paid | CN¥1.67 Million | -0.17% |
| Other Comprehensive Income | CN¥-135.06 Million | -13.55% |
| Other Changes | CN¥106.95 Million | +10.73% |
| Total Change | CN¥- | -1.50% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Yueling 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: 3.52x
- 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 15.07x to 3.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.91 | CN¥13.70 | x |
| 2010-12-31 | CN¥1.12 | CN¥13.70 | x |
| 2011-12-31 | CN¥1.69 | CN¥13.70 | x |
| 2012-12-31 | CN¥2.09 | CN¥13.70 | x |
| 2013-12-31 | CN¥2.48 | CN¥13.70 | x |
| 2014-12-31 | CN¥3.42 | CN¥13.70 | x |
| 2015-12-31 | CN¥3.49 | CN¥13.70 | x |
| 2016-12-31 | CN¥3.51 | CN¥13.70 | x |
| 2017-12-31 | CN¥3.42 | CN¥13.70 | x |
| 2018-12-31 | CN¥3.68 | CN¥13.70 | x |
| 2019-12-31 | CN¥3.77 | CN¥13.70 | x |
| 2020-12-31 | CN¥4.73 | CN¥13.70 | x |
| 2021-12-31 | CN¥4.07 | CN¥13.70 | x |
| 2022-12-31 | CN¥4.00 | CN¥13.70 | x |
| 2023-12-31 | CN¥3.77 | CN¥13.70 | x |
| 2024-12-31 | CN¥3.95 | CN¥13.70 | x |
| 2025-12-31 | CN¥3.89 | CN¥13.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Yueling 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): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.18%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.27x
- Recent ROE (1.46%) is below the historical average (9.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 30.52% | 8.93% | 1.28x | 2.66x | CN¥28.68 Million |
| 2010 | 29.53% | 7.32% | 1.69x | 2.39x | CN¥33.78 Million |
| 2011 | 27.54% | 10.25% | 1.50x | 1.79x | CN¥56.51 Million |
| 2012 | 23.50% | 11.69% | 1.37x | 1.47x | CN¥54.42 Million |
| 2013 | 21.55% | 12.23% | 1.26x | 1.39x | CN¥55.11 Million |
| 2014 | 10.79% | 11.28% | 0.79x | 1.21x | CN¥6.86 Million |
| 2015 | 6.26% | 8.64% | 0.63x | 1.15x | CN¥-33.17 Million |
| 2016 | 4.98% | 7.04% | 0.62x | 1.14x | CN¥-45.62 Million |
| 2017 | 1.75% | 2.04% | 0.70x | 1.23x | CN¥-74.97 Million |
| 2018 | 4.89% | 4.83% | 0.80x | 1.26x | CN¥-48.86 Million |
| 2019 | 3.45% | 4.65% | 0.63x | 1.18x | CN¥-63.07 Million |
| 2020 | -0.63% | -0.89% | 0.54x | 1.33x | CN¥-108.00 Million |
| 2021 | 0.68% | 0.75% | 0.69x | 1.31x | CN¥-96.97 Million |
| 2022 | 0.25% | 0.34% | 0.61x | 1.25x | CN¥-99.43 Million |
| 2023 | -5.29% | -7.97% | 0.51x | 1.30x | CN¥-147.47 Million |
| 2024 | 4.66% | 6.66% | 0.54x | 1.29x | CN¥-54.01 Million |
| 2025 | 1.46% | 2.18% | 0.53x | 1.27x | CN¥-85.12 Million |
Industry Comparison
This section compares Zhejiang Yueling Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,500,706,721
- Average return on equity (ROE) among peers: 9.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Yueling Co Ltd (002725) | CN¥976.43 Million | 30.52% | 0.39x | $513.21 Million |
| FAWER Automotive Parts Ltd Co (000030) | $8.27 Billion | 10.89% | 0.75x | $1.05 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.58 Billion | 17.00% | 1.78x | $6.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $427.94 Million | 15.75% | 0.49x | $2.05 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $897.72 Million | 3.99% | 2.04x | $985.03 Million |
| Qingdao Doublestar Co Ltd (000599) | $294.61 Million | 13.77% | 0.22x | $1.57 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $213.45 Million | 1.38% | 0.82x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $220.59 Million | 16.96% | 1.53x | $648.34 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $260.39 Million | 10.42% | 0.21x | $2.14 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $289.21 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $573.29 Million | 6.81% | 1.19x | $4.26 Billion |
About Zhejiang Yueling Co Ltd
Zhejiang Yueling Co., Ltd., together with its subsidiaries, engages in the research, design, development, manufacturing, and sale of aluminum alloy wheels in China and internationally. The company offers car, truck alloy, motorcycle, ATV, forged, flow forming, low pressure, steam, coating, and spinning wheels, as well as classic products, automobile parts, and motorcycle parts under the YUELING, … Read more