Zhejiang Zhongxin Fluoride Materials Co Ltd Class A
Zhejiang Zhongxin Fluoride Materials Co.,Ltd engages in the research and development, production, and sale of fluorine-based fine chemicals in China. The company primarily offers electro chemicals, new materials, refrigerants, pharmaceutical intermediates, agrochemical intermediates, and basic chemicals. It serves pharmaceuticals, pesticides, refrigerants, new energy, advanced materials, and elec… Read more
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A (002915) - Net Assets
Latest net assets as of September 2025: CN¥1.55 Billion CNY
Based on the latest financial reports, Zhejiang Zhongxin Fluoride Materials Co Ltd Class A (002915) has net assets worth CN¥1.55 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¥3.44 Billion) and total liabilities (CN¥1.89 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¥1.55 Billion |
| % of Total Assets | 45.08% |
| Annual Growth Rate | 21.46% |
| 5-Year Change | 51.92% |
| 10-Year Change | 532.5% |
| Growth Volatility | 36.0 |
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A - Net Assets Trend (2010–2024)
This chart illustrates how Zhejiang Zhongxin Fluoride Materials Co Ltd Class A'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 Zhongxin Fluoride Materials Co Ltd Class A (2010–2024)
The table below shows the annual net assets of Zhejiang Zhongxin Fluoride Materials Co Ltd Class A from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.54 Billion | -10.83% |
| 2023-12-31 | CN¥1.72 Billion | -11.95% |
| 2022-12-31 | CN¥1.96 Billion | +23.42% |
| 2021-12-31 | CN¥1.58 Billion | +56.77% |
| 2020-12-31 | CN¥1.01 Billion | -4.38% |
| 2019-12-31 | CN¥1.06 Billion | +123.44% |
| 2018-12-31 | CN¥473.13 Million | +4.27% |
| 2017-12-31 | CN¥453.77 Million | +65.16% |
| 2016-12-31 | CN¥274.74 Million | +13.15% |
| 2015-12-31 | CN¥242.81 Million | +41.47% |
| 2014-12-31 | CN¥171.63 Million | +11.66% |
| 2013-12-31 | CN¥153.71 Million | +30.27% |
| 2011-12-31 | CN¥118.00 Million | +16.85% |
| 2010-12-31 | CN¥100.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Zhongxin Fluoride Materials Co Ltd Class A'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 98.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥677.83K | 0.05% |
| Common Stock | CN¥325.47 Million | 25.06% |
| Other Comprehensive Income | CN¥61.50 Million | 4.73% |
| Other Components | CN¥911.13 Million | 70.15% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Zhejiang Zhongxin Fluoride Materials Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxford Industries Inc
NYSE:OXM
|
$509.98 Million |
|
Peapack-Gladstone Financial
NASDAQ:PGC
|
$510.43 Million |
|
Beijing Shenzhou Aerospace Software Technology Co. Ltd. A
SHG:688562
|
$510.60 Million |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
$511.21 Million |
|
MarineMax Inc
NYSE:HZO
|
$509.87 Million |
|
Vital Energy Inc.
NYSE:VTLE
|
$509.81 Million |
|
Hyundai Development Co
KO:294870
|
$509.77 Million |
|
IPH Ltd
AU:IPH
|
$509.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Zhongxin Fluoride Materials Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,484,092,908 to 1,298,772,126, a change of -185,320,782 (-12.5%).
- Net loss of 185,526,316 reduced equity.
- Dividend payments of 38,143,765 reduced retained earnings.
- Share repurchases of 15,986,887 reduced equity.
- Other comprehensive income increased equity by 16,192,420.
- Other factors increased equity by 38,143,766.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-185.53 Million | -14.28% |
| Dividends Paid | CN¥38.14 Million | -2.94% |
| Share Repurchases | CN¥15.99 Million | -1.23% |
| Other Comprehensive Income | CN¥16.19 Million | +1.25% |
| Other Changes | CN¥38.14 Million | +2.94% |
| Total Change | CN¥- | -12.49% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Zhongxin Fluoride Materials Co Ltd Class A'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: 5.40x
- 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 22.80x to 5.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | CN¥0.94 | CN¥21.54 | x |
| 2011-12-31 | CN¥1.13 | CN¥21.54 | x |
| 2013-12-31 | CN¥1.14 | CN¥21.54 | x |
| 2014-12-31 | CN¥1.25 | CN¥21.54 | x |
| 2015-12-31 | CN¥1.77 | CN¥21.54 | x |
| 2016-12-31 | CN¥1.56 | CN¥21.54 | x |
| 2017-12-31 | CN¥2.50 | CN¥21.54 | x |
| 2018-12-31 | CN¥2.01 | CN¥21.54 | x |
| 2019-12-31 | CN¥6.11 | CN¥21.54 | x |
| 2020-12-31 | CN¥3.54 | CN¥21.54 | x |
| 2021-12-31 | CN¥5.26 | CN¥21.54 | x |
| 2022-12-31 | CN¥5.29 | CN¥21.54 | x |
| 2023-12-31 | CN¥4.53 | CN¥21.54 | x |
| 2024-12-31 | CN¥3.99 | CN¥21.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Zhongxin Fluoride Materials Co Ltd Class A 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): -14.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.21%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.46x
- Recent ROE (-14.28%) is below the historical average (8.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 14.11% | 5.32% | 1.04x | 2.55x | CN¥4.13 Million |
| 2011 | 14.38% | 5.59% | 0.96x | 2.67x | CN¥5.13 Million |
| 2013 | 20.98% | 8.47% | 0.97x | 2.56x | CN¥16.88 Million |
| 2014 | 16.35% | 7.14% | 0.85x | 2.69x | CN¥10.91 Million |
| 2015 | 15.04% | 9.67% | 0.71x | 2.18x | CN¥12.25 Million |
| 2016 | 11.93% | 9.52% | 0.70x | 1.78x | CN¥5.29 Million |
| 2017 | 10.37% | 11.74% | 0.58x | 1.51x | CN¥1.67 Million |
| 2018 | 7.64% | 8.24% | 0.62x | 1.50x | CN¥-11.16 Million |
| 2019 | -5.17% | -7.71% | 0.38x | 1.76x | CN¥-160.41 Million |
| 2020 | 11.71% | 11.45% | 0.65x | 1.59x | CN¥17.32 Million |
| 2021 | 10.96% | 11.38% | 0.67x | 1.43x | CN¥15.20 Million |
| 2022 | 10.67% | 11.54% | 0.53x | 1.73x | CN¥11.53 Million |
| 2023 | -12.68% | -14.01% | 0.42x | 2.15x | CN¥-336.59 Million |
| 2024 | -14.28% | -13.21% | 0.44x | 2.46x | CN¥-315.40 Million |
Industry Comparison
This section compares Zhejiang Zhongxin Fluoride Materials Co Ltd Class A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Zhongxin Fluoride Materials Co Ltd Class A (002915) | CN¥1.55 Billion | 14.11% | 1.22x | $509.87 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |