Henzhen Zhaowei Machinery And Elect

SHE:003021 China Electrical Equipment & Parts
Market Cap
$3.54 Billion
CN¥26.00 Billion CNY
Market Cap Rank
#6731 Global
#1062 in China
Share Price
CN¥108.00
Change (1 day)
-3.49%
52-Week Range
CN¥98.12 - CN¥149.50
All Time High
CN¥162.58
About

Shenzhen Zhaowei Machinery & Electronics Co., Ltd. engages in the research, development, design, manufacture, and sale of micro transmission and drive systems. The company provides brushed, brushless, right angle, DC motors, gearboxes, sensors and controllers; brushless coreless and brushed DC motor; planetary precision gearbox; smart home, communication, automotive, intelligent robot, industrial… Read more

Henzhen Zhaowei Machinery And Elect (003021) - Net Assets

Latest net assets as of September 2025: CN¥3.41 Billion CNY

Based on the latest financial reports, Henzhen Zhaowei Machinery And Elect (003021) has net assets worth CN¥3.41 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¥4.24 Billion) and total liabilities (CN¥829.41 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¥3.41 Billion
% of Total Assets 80.42%
Annual Growth Rate 44.0%
5-Year Change 16.36%
10-Year Change N/A
Growth Volatility 99.06

Henzhen Zhaowei Machinery And Elect - Net Assets Trend (2016–2024)

This chart illustrates how Henzhen Zhaowei Machinery And Elect's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Henzhen Zhaowei Machinery And Elect (2016–2024)

The table below shows the annual net assets of Henzhen Zhaowei Machinery And Elect from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.23 Billion +4.49%
2023-12-31 CN¥3.09 Billion +4.77%
2022-12-31 CN¥2.95 Billion +4.25%
2021-12-31 CN¥2.83 Billion +1.97%
2020-12-31 CN¥2.77 Billion +308.00%
2019-12-31 CN¥679.53 Million +114.33%
2018-12-31 CN¥317.05 Million +48.33%
2017-12-31 CN¥213.75 Million +22.48%
2016-12-31 CN¥174.52 Million --

Equity Component Analysis

This analysis shows how different components contribute to Henzhen Zhaowei Machinery And Elect'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 784.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.05 Billion 32.46%
Common Stock CN¥240.20 Million 7.45%
Other Components CN¥1.94 Billion 60.09%
Total Equity CN¥3.23 Billion 100.00%

Henzhen Zhaowei Machinery And Elect Competitors by Market Cap

The table below lists competitors of Henzhen Zhaowei Machinery And Elect ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Henzhen Zhaowei Machinery And Elect's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,087,682,665 to 3,226,210,759, a change of 138,528,094 (4.5%).
  • Net income of 225,094,349 contributed positively to equity growth.
  • Dividend payments of 94,481,411 reduced retained earnings.
  • Share repurchases of 8,077,573 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥225.09 Million +6.98%
Dividends Paid CN¥94.48 Million -2.93%
Share Repurchases CN¥8.08 Million -0.25%
Other Changes CN¥15.99 Million +0.5%
Total Change CN¥- 4.49%

Book Value vs Market Value Analysis

This analysis compares Henzhen Zhaowei Machinery And Elect'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: 8.02x
  • 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 78.63x to 8.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥1.37 CN¥108.00 x
2017-12-31 CN¥1.68 CN¥108.00 x
2018-12-31 CN¥2.48 CN¥108.00 x
2019-12-31 CN¥3.98 CN¥108.00 x
2020-12-31 CN¥16.24 CN¥108.00 x
2021-12-31 CN¥16.54 CN¥108.00 x
2022-12-31 CN¥17.27 CN¥108.00 x
2023-12-31 CN¥18.06 CN¥108.00 x
2024-12-31 CN¥13.47 CN¥108.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henzhen Zhaowei Machinery And Elect 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): 6.98%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.76%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.28x
  • Recent ROE (6.98%) is below the historical average (20.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 39.78% 17.08% 1.00x 2.33x CN¥51.97 Million
2017 23.03% 8.97% 1.18x 2.18x CN¥27.86 Million
2018 40.14% 16.81% 1.14x 2.09x CN¥95.56 Million
2019 52.55% 20.03% 1.51x 1.74x CN¥289.11 Million
2020 8.83% 20.48% 0.38x 1.12x CN¥-32.51 Million
2021 5.22% 12.94% 0.35x 1.15x CN¥-135.15 Million
2022 5.11% 13.06% 0.32x 1.21x CN¥-144.21 Million
2023 5.83% 14.92% 0.32x 1.23x CN¥-128.84 Million
2024 6.98% 14.76% 0.37x 1.28x CN¥-97.53 Million

Industry Comparison

This section compares Henzhen Zhaowei Machinery And Elect's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Henzhen Zhaowei Machinery And Elect (003021) CN¥3.41 Billion 39.78% 0.24x $1.16 Billion
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion