Hunan Zhongke Electric
Hunan Zhongke Electric Co., Ltd. manufactures electromagnetic metallurgy products in China. The company offers electromagnetic stirrers, tundish induction heating system, lifting electromagnet, cable drum, magnetic separator, and induction heating system. The company's products are primarily used in steel, non-ferrous metallurgy, rail transportation, scientific research institutions, mines, ports… Read more
Hunan Zhongke Electric (300035) - Net Assets
Latest net assets as of September 2025: CN¥5.67 Billion CNY
Based on the latest financial reports, Hunan Zhongke Electric (300035) has net assets worth CN¥5.67 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¥14.23 Billion) and total liabilities (CN¥8.56 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¥5.67 Billion |
| % of Total Assets | 39.84% |
| Annual Growth Rate | 39.43% |
| 5-Year Change | 154.23% |
| 10-Year Change | 531.43% |
| Growth Volatility | 113.56 |
Hunan Zhongke Electric - Net Assets Trend (2006–2024)
This chart illustrates how Hunan Zhongke Electric's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hunan Zhongke Electric (2006–2024)
The table below shows the annual net assets of Hunan Zhongke Electric from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.32 Billion | +1.36% |
| 2023-12-31 | CN¥5.25 Billion | -0.86% |
| 2022-12-31 | CN¥5.29 Billion | +116.89% |
| 2021-12-31 | CN¥2.44 Billion | +16.66% |
| 2020-12-31 | CN¥2.09 Billion | +8.46% |
| 2019-12-31 | CN¥1.93 Billion | +54.85% |
| 2018-12-31 | CN¥1.25 Billion | +10.77% |
| 2017-12-31 | CN¥1.12 Billion | +37.43% |
| 2016-12-31 | CN¥818.57 Million | -2.85% |
| 2015-12-31 | CN¥842.62 Million | -1.96% |
| 2014-12-31 | CN¥859.46 Million | +1.57% |
| 2013-12-31 | CN¥846.19 Million | +9.13% |
| 2012-12-31 | CN¥775.38 Million | +1.51% |
| 2011-12-31 | CN¥763.87 Million | +3.60% |
| 2010-12-31 | CN¥737.35 Million | +5.92% |
| 2009-12-31 | CN¥696.13 Million | +409.10% |
| 2008-12-31 | CN¥136.74 Million | +307.07% |
| 2007-12-31 | CN¥33.59 Million | +150.40% |
| 2006-12-31 | CN¥13.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hunan Zhongke Electric'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 21986.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.18 Billion | 25.28% |
| Common Stock | CN¥685.43 Million | 14.67% |
| Other Comprehensive Income | CN¥152.44 Million | 3.26% |
| Other Components | CN¥2.65 Billion | 56.79% |
| Total Equity | CN¥4.67 Billion | 100.00% |
Hunan Zhongke Electric Competitors by Market Cap
The table below lists competitors of Hunan Zhongke Electric ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manappuram Finance Limited
NSE:MANAPPURAM
|
$1.63 Billion |
|
Calumet Specialty Products Partners
NASDAQ:CLMT
|
$1.63 Billion |
|
HEXPOL AB ser. B
LSE:0R7O
|
$1.63 Billion |
|
Linktel Technologies Co. Ltd. A
SHE:301205
|
$1.63 Billion |
|
Mednax Inc
NYSE:MD
|
$1.63 Billion |
|
Turning Point Brands Inc
NYSE:TPB
|
$1.63 Billion |
|
Inter Parfums Inc
NASDAQ:IPAR
|
$1.63 Billion |
|
Viet Nam International Commercial Joint Stock Bank
VN:VIB
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Zhongke Electric's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,694,301,626 to 4,673,542,148, a change of -20,759,478 (-0.4%).
- Net income of 303,022,663 contributed positively to equity growth.
- Dividend payments of 164,078,463 reduced retained earnings.
- Share repurchases of 202,000,000 reduced equity.
- Other comprehensive income increased equity by 152,012,408.
- Other factors decreased equity by 109,716,086.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥303.02 Million | +6.48% |
| Dividends Paid | CN¥164.08 Million | -3.51% |
| Share Repurchases | CN¥202.00 Million | -4.32% |
| Other Comprehensive Income | CN¥152.01 Million | +3.25% |
| Other Changes | CN¥-109.72 Million | -2.35% |
| Total Change | CN¥- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Hunan Zhongke Electric'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: 3.22x
- 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 547.16x to 3.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.04 | CN¥21.80 | x |
| 2007-12-31 | CN¥0.11 | CN¥21.80 | x |
| 2008-12-31 | CN¥0.45 | CN¥21.80 | x |
| 2009-12-31 | CN¥1.79 | CN¥21.80 | x |
| 2010-12-31 | CN¥1.56 | CN¥21.80 | x |
| 2011-12-31 | CN¥1.62 | CN¥21.80 | x |
| 2012-12-31 | CN¥1.63 | CN¥21.80 | x |
| 2013-12-31 | CN¥1.80 | CN¥21.80 | x |
| 2014-12-31 | CN¥1.84 | CN¥21.80 | x |
| 2015-12-31 | CN¥1.92 | CN¥21.80 | x |
| 2016-12-31 | CN¥1.72 | CN¥21.80 | x |
| 2017-12-31 | CN¥2.19 | CN¥21.80 | x |
| 2018-12-31 | CN¥2.41 | CN¥21.80 | x |
| 2019-12-31 | CN¥3.62 | CN¥21.80 | x |
| 2020-12-31 | CN¥3.29 | CN¥21.80 | x |
| 2021-12-31 | CN¥3.82 | CN¥21.80 | x |
| 2022-12-31 | CN¥6.98 | CN¥21.80 | x |
| 2023-12-31 | CN¥6.49 | CN¥21.80 | x |
| 2024-12-31 | CN¥6.77 | CN¥21.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Zhongke Electric 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): 6.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.43%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.43x
- Recent ROE (6.48%) is below the historical average (12.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 45.51% | 10.58% | 0.87x | 4.93x | CN¥4.26 Million |
| 2007 | 64.32% | 25.84% | 0.69x | 3.60x | CN¥18.25 Million |
| 2008 | 29.80% | 23.52% | 0.89x | 1.42x | CN¥27.07 Million |
| 2009 | 6.83% | 26.36% | 0.24x | 1.09x | CN¥-22.09 Million |
| 2010 | 6.09% | 24.44% | 0.22x | 1.13x | CN¥-28.48 Million |
| 2011 | 5.43% | 17.09% | 0.25x | 1.27x | CN¥-34.31 Million |
| 2012 | 4.71% | 16.18% | 0.23x | 1.29x | CN¥-40.29 Million |
| 2013 | 8.59% | 28.01% | 0.23x | 1.31x | CN¥-11.71 Million |
| 2014 | 6.26% | 25.74% | 0.20x | 1.19x | CN¥-31.78 Million |
| 2015 | 1.82% | 9.18% | 0.17x | 1.14x | CN¥-68.94 Million |
| 2016 | 2.78% | 13.95% | 0.17x | 1.19x | CN¥-59.14 Million |
| 2017 | 4.22% | 11.29% | 0.28x | 1.33x | CN¥-65.01 Million |
| 2018 | 10.46% | 21.05% | 0.32x | 1.55x | CN¥5.75 Million |
| 2019 | 7.84% | 16.27% | 0.34x | 1.43x | CN¥-41.76 Million |
| 2020 | 7.83% | 16.82% | 0.35x | 1.33x | CN¥-45.47 Million |
| 2021 | 14.97% | 16.66% | 0.35x | 2.59x | CN¥121.31 Million |
| 2022 | 7.45% | 6.93% | 0.46x | 2.35x | CN¥-124.76 Million |
| 2023 | 0.89% | 0.85% | 0.47x | 2.21x | CN¥-427.72 Million |
| 2024 | 6.48% | 5.43% | 0.49x | 2.43x | CN¥-164.33 Million |
Industry Comparison
This section compares Hunan Zhongke Electric'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 |
|---|---|---|---|---|
| Hunan Zhongke Electric (300035) | CN¥5.67 Billion | 45.51% | 1.51x | $1.63 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 |