Henzhen Zhaowei Machinery And Elect (003021) - Net Assets
Based on the latest financial reports, Henzhen Zhaowei Machinery And Elect (003021) has net assets worth CN¥3.41 Billion CNY (≈ $498.55 Million USD) 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 ≈ $619.91 Million USD) and total liabilities (CN¥829.41 Million ≈ $121.37 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 Henzhen Zhaowei Machinery And Elect (003021) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Henzhen Zhaowei Machinery And Elect for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Henzhen Zhaowei Machinery And Elect (003021) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.23 Billion ≈ $472.10 Million |
+4.49% |
| 2023-12-31 | CN¥3.09 Billion ≈ $451.83 Million |
+4.77% |
| 2022-12-31 | CN¥2.95 Billion ≈ $431.25 Million |
+4.25% |
| 2021-12-31 | CN¥2.83 Billion ≈ $413.68 Million |
+1.97% |
| 2020-12-31 | CN¥2.77 Billion ≈ $405.71 Million |
+308.00% |
| 2019-12-31 | CN¥679.53 Million ≈ $99.44 Million |
+114.33% |
| 2018-12-31 | CN¥317.05 Million ≈ $46.39 Million |
+48.33% |
| 2017-12-31 | CN¥213.75 Million ≈ $31.28 Million |
+22.48% |
| 2016-12-31 | CN¥174.52 Million ≈ $25.54 Million |
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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.
| Company | Market Cap |
|---|---|
|
Henan Yuneng Holdings Co Ltd
SHE:001896
|
$3.40 Billion |
|
Yunnan Xiyi Industrial Co Ltd
SHE:002265
|
$3.40 Billion |
|
MiTAC Holdings Corp
TW:3706
|
$3.40 Billion |
|
Jubilant Foodworks Limited
NSE:JUBLFOOD
|
$3.40 Billion |
|
M/I Homes Inc
NYSE:MHO
|
$3.40 Billion |
|
MiniMed Group, Inc. Common Stock
NASDAQ:MMED
|
$3.40 Billion |
|
Adtalem Global Education Inc
NYSE:ATGE
|
$3.40 Billion |
|
ITV PLC UNSP.ADR/10LS-10
F:IJ70
|
$3.40 Billion |
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: 7.17x
- 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 70.32x to 7.17x 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¥96.59 | x |
| 2017-12-31 | CN¥1.68 | CN¥96.59 | x |
| 2018-12-31 | CN¥2.48 | CN¥96.59 | x |
| 2019-12-31 | CN¥3.98 | CN¥96.59 | x |
| 2020-12-31 | CN¥16.24 | CN¥96.59 | x |
| 2021-12-31 | CN¥16.54 | CN¥96.59 | x |
| 2022-12-31 | CN¥17.27 | CN¥96.59 | x |
| 2023-12-31 | CN¥18.06 | CN¥96.59 | x |
| 2024-12-31 | CN¥13.47 | CN¥96.59 | 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: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
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 | $3.40 Billion |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Henzhen Zhaowei Machinery And Elect
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