Zhejiang Huatong Meat Products Co Ltd (002840) - Net Assets
Based on the latest financial reports, Zhejiang Huatong Meat Products Co Ltd (002840) has net assets worth CN¥3.73 Billion CNY (≈ $545.09 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¥10.29 Billion ≈ $1.51 Billion USD) and total liabilities (CN¥6.57 Billion ≈ $960.97 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 Zhejiang Huatong Meat Products Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.73 Billion |
| % of Total Assets | 36.19% |
| Annual Growth Rate | 19.5% |
| 5-Year Change | 88.46% |
| 10-Year Change | 369.69% |
| Growth Volatility | 24.53 |
Zhejiang Huatong Meat Products Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Zhejiang Huatong Meat Products Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Huatong Meat Products Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Huatong Meat Products Co Ltd (2011–2025)
The table below shows the annual net assets of Zhejiang Huatong Meat Products Co Ltd from 2011 to 2025. For live valuation and market cap data, see Zhejiang Huatong Meat Products Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.99 Billion ≈ $583.17 Million |
+51.86% |
| 2024-12-31 | CN¥2.62 Billion ≈ $384.03 Million |
+16.37% |
| 2023-12-31 | CN¥2.26 Billion ≈ $330.01 Million |
-32.59% |
| 2022-12-31 | CN¥3.35 Billion ≈ $489.58 Million |
+58.22% |
| 2021-12-31 | CN¥2.11 Billion ≈ $309.44 Million |
-5.09% |
| 2020-12-31 | CN¥2.23 Billion ≈ $326.01 Million |
+32.07% |
| 2019-12-31 | CN¥1.69 Billion ≈ $246.85 Million |
+17.21% |
| 2018-12-31 | CN¥1.44 Billion ≈ $210.59 Million |
+16.66% |
| 2017-12-31 | CN¥1.23 Billion ≈ $180.52 Million |
+45.39% |
| 2016-12-31 | CN¥848.50 Million ≈ $124.16 Million |
+9.25% |
| 2015-12-31 | CN¥776.69 Million ≈ $113.65 Million |
+10.69% |
| 2014-12-31 | CN¥701.68 Million ≈ $102.68 Million |
+58.95% |
| 2013-12-31 | CN¥441.44 Million ≈ $64.60 Million |
+11.16% |
| 2012-12-31 | CN¥397.14 Million ≈ $58.11 Million |
+20.71% |
| 2011-12-31 | CN¥328.99 Million ≈ $48.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Huatong Meat Products 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 178.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.88 Billion | 101.01% |
| Total Equity | CN¥3.84 Billion | 100.00% |
Zhejiang Huatong Meat Products Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Huatong Meat Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR
|
$948.75 Million |
|
Fortrea Holdings Inc.
NASDAQ:FTRE
|
$948.95 Million |
|
Hartalega Holdings Bhd
KLSE:5168
|
$949.61 Million |
|
Flowco Holdings Inc.
NYSE:FLOC
|
$949.83 Million |
|
Jayaswal Neco Industries Limited
NSE:JAYNECOIND
|
$948.34 Million |
|
São Martinho S.A
SA:SMTO3
|
$948.11 Million |
|
Shentong Technology Group Co Ltd
SHG:605228
|
$947.96 Million |
|
Vetoquinol
PA:VETO
|
$947.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Huatong Meat Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,431,185,000 to 3,836,830,137, a change of 1,405,645,137 (57.8%).
- Net loss of 136,017,660 reduced equity.
- Dividend payments of 147,733,909 reduced retained earnings.
- Other factors increased equity by 1,689,396,705.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-136.02 Million | -3.55% |
| Dividends Paid | CN¥147.73 Million | -3.85% |
| Other Changes | CN¥1.69 Billion | +44.03% |
| Total Change | CN¥- | 57.82% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Huatong Meat Products 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: 1.69x
- 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 6.69x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.21 | CN¥8.08 | x |
| 2012-12-31 | CN¥1.44 | CN¥8.08 | x |
| 2013-12-31 | CN¥1.61 | CN¥8.08 | x |
| 2014-12-31 | CN¥2.20 | CN¥8.08 | x |
| 2015-12-31 | CN¥2.27 | CN¥8.08 | x |
| 2016-12-31 | CN¥2.52 | CN¥8.08 | x |
| 2017-12-31 | CN¥2.78 | CN¥8.08 | x |
| 2018-12-31 | CN¥3.02 | CN¥8.08 | x |
| 2019-12-31 | CN¥3.46 | CN¥8.08 | x |
| 2020-12-31 | CN¥3.66 | CN¥8.08 | x |
| 2021-12-31 | CN¥3.52 | CN¥8.08 | x |
| 2022-12-31 | CN¥5.79 | CN¥8.08 | x |
| 2023-12-31 | CN¥3.53 | CN¥8.08 | x |
| 2024-12-31 | CN¥4.05 | CN¥8.08 | x |
| 2025-12-31 | CN¥4.78 | CN¥8.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Huatong Meat Products 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): -3.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.69%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.69x
- Recent ROE (-3.55%) is below the historical average (5.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 18.64% | 3.83% | 2.66x | 1.83x | CN¥27.57 Million |
| 2012 | 15.34% | 3.92% | 1.94x | 2.02x | CN¥20.15 Million |
| 2013 | 13.45% | 3.77% | 1.65x | 2.16x | CN¥14.55 Million |
| 2014 | 12.09% | 5.01% | 1.30x | 1.85x | CN¥14.15 Million |
| 2015 | 10.28% | 3.87% | 1.34x | 1.99x | CN¥2.03 Million |
| 2016 | 11.40% | 2.31% | 2.83x | 1.75x | CN¥11.32 Million |
| 2017 | 10.12% | 2.52% | 2.97x | 1.35x | CN¥1.42 Million |
| 2018 | 11.57% | 2.93% | 2.35x | 1.68x | CN¥20.42 Million |
| 2019 | 8.87% | 1.71% | 2.52x | 2.06x | CN¥-16.77 Million |
| 2020 | 7.92% | 1.53% | 1.77x | 2.93x | CN¥-35.45 Million |
| 2021 | -12.48% | -2.31% | 1.17x | 4.63x | CN¥-346.62 Million |
| 2022 | 3.28% | 0.93% | 1.07x | 3.32x | CN¥-179.63 Million |
| 2023 | -29.18% | -7.05% | 0.96x | 4.30x | CN¥-812.16 Million |
| 2024 | 3.00% | 0.80% | 0.96x | 3.90x | CN¥-170.08 Million |
| 2025 | -3.55% | -1.69% | 0.78x | 2.69x | CN¥-519.70 Million |
Industry Comparison
This section compares Zhejiang Huatong Meat Products Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,024,359,158
- Average return on equity (ROE) among peers: 10.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Huatong Meat Products Co Ltd (002840) | CN¥3.73 Billion | 18.64% | 1.76x | $948.45 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $365.34 Million | -3.53% | 0.71x | $992.25 Million |
| Hainan Pearl River Holdings Co Ltd (000505) | $536.51 Million | 31.33% | 0.36x | $515.34 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $1.02 Billion | 13.97% | 0.40x | $206.92 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.81 Billion | 2.87% | 0.29x | $473.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $812.31 Million | 2.77% | 0.38x | $400.45 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.36 Billion | 15.73% | 0.48x | $11.55 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $28.88 Million | 16.61% | 5.34x | $388.25 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.22 Billion | 11.05% | 0.49x | $599.98 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $351.80 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.06 Billion | 4.32% | 0.50x | $507.38 Million |
About Zhejiang Huatong Meat Products Co Ltd
Zhejiang Huatong Meat Products Co., Ltd. engages in the livestock and poultry slaughtering business. The company operates through: Pig Breeding, Pig Slaughtering, and Deep Processing of Meat Products. It is also involved in livestock and poultry slaughtering and processing, livestock and poultry breeding, feed processing, and deep processing of meat products. The company primarily offers feed, fr… Read more