Zhejiang Fenglong Electric Co Ltd Class A
Zhejiang Fenglong Electric Co., Ltd. engages in the research and development, production, and sale of garden machinery parts, automobile parts, and hydraulic parts in China. The company offers garden machinery, including internal combustion machinery, as well as lithium battery cordless hand tools and lithium battery cordless lawn mowers; hydraulic valves; and auto parts comprising aluminum die c… Read more
Zhejiang Fenglong Electric Co Ltd Class A (002931) - Net Assets
Latest net assets as of September 2025: CN¥950.23 Million CNY
Based on the latest financial reports, Zhejiang Fenglong Electric Co Ltd Class A (002931) has net assets worth CN¥950.23 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¥1.13 Billion) and total liabilities (CN¥179.92 Million). 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¥950.23 Million |
| % of Total Assets | 84.08% |
| Annual Growth Rate | 26.72% |
| 5-Year Change | 12.38% |
| 10-Year Change | 621.49% |
| Growth Volatility | 36.95 |
Zhejiang Fenglong Electric Co Ltd Class A - Net Assets Trend (2014–2024)
This chart illustrates how Zhejiang Fenglong Electric 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 Fenglong Electric Co Ltd Class A (2014–2024)
The table below shows the annual net assets of Zhejiang Fenglong Electric Co Ltd Class A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥764.80 Million | -0.44% |
| 2023-12-31 | CN¥768.20 Million | +8.61% |
| 2022-12-31 | CN¥707.27 Million | +5.93% |
| 2021-12-31 | CN¥667.67 Million | -1.90% |
| 2020-12-31 | CN¥680.57 Million | +13.01% |
| 2019-12-31 | CN¥602.20 Million | +21.35% |
| 2018-12-31 | CN¥496.24 Million | +123.97% |
| 2017-12-31 | CN¥221.57 Million | +27.44% |
| 2016-12-31 | CN¥173.86 Million | +64.02% |
| 2015-12-31 | CN¥106.00 Million | +48.05% |
| 2014-12-31 | CN¥71.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Fenglong Electric 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 grown by 512.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥286.27 Million | 37.43% |
| Common Stock | CN¥204.79 Million | 26.78% |
| Other Components | CN¥273.74 Million | 35.79% |
| Total Equity | CN¥764.80 Million | 100.00% |
Zhejiang Fenglong Electric Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Zhejiang Fenglong Electric Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Expressway Co Ltd
SHG:601107
|
$929.46 Million |
|
BELL FOOD GRP AG NA.SF0,5
F:BWGA
|
$929.50 Million |
|
Kunming Chuan Jin Nuo Chemical Co Ltd
SHE:300505
|
$929.80 Million |
|
KAGA EL. CO. LTD
F:9V2
|
$929.81 Million |
|
CS Wind Corp
KO:112610
|
$929.10 Million |
|
TOMPK.FINL CORP. DL-10
F:8J0
|
$928.81 Million |
|
Appian Corp
NASDAQ:APPN
|
$928.77 Million |
|
Shanghai Fortune Techgroup Co Ltd
SHE:300493
|
$928.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Fenglong Electric Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 768,197,687 to 764,799,563, a change of -3,398,124 (-0.4%).
- Net income of 4,592,919 contributed positively to equity growth.
- Dividend payments of 23,944,037 reduced retained earnings.
- Other comprehensive income decreased equity by 58,701,213.
- Other factors increased equity by 74,654,207.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.59 Million | +0.6% |
| Dividends Paid | CN¥23.94 Million | -3.13% |
| Other Comprehensive Income | CN¥-58.70 Million | -7.68% |
| Other Changes | CN¥74.65 Million | +9.76% |
| Total Change | CN¥- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Fenglong Electric 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: 14.70x
- 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 104.02x to 14.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥0.71 | CN¥73.42 | x |
| 2015-12-31 | CN¥1.05 | CN¥73.42 | x |
| 2016-12-31 | CN¥1.31 | CN¥73.42 | x |
| 2017-12-31 | CN¥1.49 | CN¥73.42 | x |
| 2018-12-31 | CN¥2.66 | CN¥73.42 | x |
| 2019-12-31 | CN¥2.69 | CN¥73.42 | x |
| 2020-12-31 | CN¥3.01 | CN¥73.42 | x |
| 2021-12-31 | CN¥3.12 | CN¥73.42 | x |
| 2022-12-31 | CN¥3.35 | CN¥73.42 | x |
| 2023-12-31 | CN¥3.79 | CN¥73.42 | x |
| 2024-12-31 | CN¥5.00 | CN¥73.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Fenglong Electric 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): 0.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.96%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.48x
- Recent ROE (0.60%) is below the historical average (15.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 32.89% | 10.74% | 0.85x | 3.59x | CN¥16.39 Million |
| 2015 | 35.65% | 14.91% | 0.93x | 2.58x | CN¥27.18 Million |
| 2016 | 24.48% | 16.92% | 0.90x | 1.61x | CN¥25.17 Million |
| 2017 | 21.58% | 15.26% | 0.92x | 1.53x | CN¥25.65 Million |
| 2018 | 9.22% | 14.52% | 0.51x | 1.24x | CN¥-3.87 Million |
| 2019 | 10.74% | 14.05% | 0.52x | 1.47x | CN¥3.99 Million |
| 2020 | 12.86% | 14.08% | 0.58x | 1.57x | CN¥17.17 Million |
| 2021 | 11.86% | 11.01% | 0.57x | 1.89x | CN¥12.45 Million |
| 2022 | 6.87% | 8.27% | 0.51x | 1.63x | CN¥-22.13 Million |
| 2023 | -0.92% | -1.64% | 0.38x | 1.46x | CN¥-83.86 Million |
| 2024 | 0.60% | 0.96% | 0.42x | 1.48x | CN¥-71.89 Million |
Industry Comparison
This section compares Zhejiang Fenglong Electric Co Ltd Class A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,756,582,101
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Fenglong Electric Co Ltd Class A (002931) | CN¥950.23 Million | 32.89% | 0.19x | $929.10 Million |
| Huayi Compressor Co Ltd (000404) | $4.62 Billion | 6.27% | 1.54x | $442.00 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.64 Billion | 1.42% | 7.02x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.01 Billion | 5.39% | 0.56x | $1.99 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $253.05 Million | 8.02% | 1.40x | $521.27 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $2.55 Billion | 0.37% | 0.97x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $534.59 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.02 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $4.26 Billion | 10.07% | 2.30x | $779.89 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.87 Billion | 7.25% | 1.03x | $897.36 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $316.43 Million | 11.36% | 5.88x | $460.99 Million |