Hunan Zhongke Electric (300035) - Net Assets

Latest as of March 2026: CN¥5.84 Billion CNY ≈ $854.16 Million USD

Based on the latest financial reports, Hunan Zhongke Electric (300035) has net assets worth CN¥5.84 Billion CNY (≈ $854.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥15.40 Billion ≈ $2.25 Billion USD) and total liabilities (CN¥9.56 Billion ≈ $1.40 Billion 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 asset allocation strategy of Hunan Zhongke Electric to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.84 Billion
% of Total Assets	37.9%
Annual Growth Rate	37.58%
5-Year Change	135.72%
10-Year Change	603.01%
Growth Volatility	111.2

Hunan Zhongke Electric - Net Assets Trend (2006–2025)

This chart illustrates how Hunan Zhongke Electric's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300035 stock market capitalisation.

Annual Net Assets for Hunan Zhongke Electric (2006–2025)

The table below shows the annual net assets of Hunan Zhongke Electric from 2006 to 2025. Also explore Hunan Zhongke Electric net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥5.75 Billion ≈ $842.08 Million	+8.16%
2024-12-31	CN¥5.32 Billion ≈ $778.56 Million	+1.36%
2023-12-31	CN¥5.25 Billion ≈ $768.15 Million	-0.86%
2022-12-31	CN¥5.29 Billion ≈ $774.80 Million	+116.88%
2021-12-31	CN¥2.44 Billion ≈ $357.24 Million	+16.66%
2020-12-31	CN¥2.09 Billion ≈ $306.24 Million	+8.46%
2019-12-31	CN¥1.93 Billion ≈ $282.36 Million	+54.85%
2018-12-31	CN¥1.25 Billion ≈ $182.35 Million	+10.77%
2017-12-31	CN¥1.12 Billion ≈ $164.62 Million	+37.43%
2016-12-31	CN¥818.57 Million ≈ $119.78 Million	-2.85%
2015-12-31	CN¥842.62 Million ≈ $123.30 Million	-1.96%
2014-12-31	CN¥859.46 Million ≈ $125.77 Million	+1.57%
2013-12-31	CN¥846.19 Million ≈ $123.82 Million	+9.13%
2012-12-31	CN¥775.38 Million ≈ $113.46 Million	+1.60%
2011-12-31	CN¥763.18 Million ≈ $111.68 Million	+3.50%
2010-12-31	CN¥737.35 Million ≈ $107.90 Million	+5.92%
2009-12-31	CN¥696.13 Million ≈ $101.87 Million	+409.10%
2008-12-31	CN¥136.74 Million ≈ $20.01 Million	+307.07%
2007-12-31	CN¥33.59 Million ≈ $4.92 Million	+150.40%
2006-12-31	CN¥13.41 Million ≈ $1.96 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 27470.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.47 Billion	29.66%
Other Components	CN¥3.50 Billion	70.34%
Total Equity	CN¥4.97 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
Tuya Inc ADR NYSE:TUYA	$1.24 Billion
Vimeo Inc NASDAQ:VMEO	$1.24 Billion
Dongguan Eontec Co Ltd SHE:300328	$1.24 Billion
Dowlais Group Plc LSE:DWL	$1.24 Billion
KANGJI MED.HLDS DL-00001 F:50J	$1.24 Billion
Beijing Urban Construction Investment & Development Co Ltd SHG:600266	$1.24 Billion
Jiangsu Changhai Compos Material SHE:300196	$1.24 Billion
Techno Electric & Engineering Company Limited NSE:TECHNOE	$1.24 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 2024 to 2025, total equity changed from 4,673,542,148 to 4,972,064,846, a change of 298,522,698 (6.4%).
Net income of 469,965,685 contributed positively to equity growth.
Dividend payments of 256,901,358 reduced retained earnings.
Other comprehensive income decreased equity by 152,444,413.
Other factors increased equity by 237,902,783.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥469.97 Million	+9.45%
Dividends Paid	CN¥256.90 Million	-5.17%
Other Comprehensive Income	CN¥-152.44 Million	-3.07%
Other Changes	CN¥237.90 Million	+4.78%
Total Change	CN¥-	6.39%

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: 1.70x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 310.22x to 1.70x 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¥12.36	x
2007-12-31	CN¥0.11	CN¥12.36	x
2008-12-31	CN¥0.45	CN¥12.36	x
2009-12-31	CN¥1.79	CN¥12.36	x
2010-12-31	CN¥1.56	CN¥12.36	x
2011-12-31	CN¥1.62	CN¥12.36	x
2012-12-31	CN¥1.63	CN¥12.36	x
2013-12-31	CN¥1.80	CN¥12.36	x
2014-12-31	CN¥1.84	CN¥12.36	x
2015-12-31	CN¥1.92	CN¥12.36	x
2016-12-31	CN¥1.72	CN¥12.36	x
2017-12-31	CN¥2.19	CN¥12.36	x
2018-12-31	CN¥2.41	CN¥12.36	x
2019-12-31	CN¥3.62	CN¥12.36	x
2020-12-31	CN¥3.29	CN¥12.36	x
2021-12-31	CN¥3.82	CN¥12.36	x
2022-12-31	CN¥6.98	CN¥12.36	x
2023-12-31	CN¥6.49	CN¥12.36	x
2024-12-31	CN¥6.77	CN¥12.36	x
2025-12-31	CN¥7.25	CN¥12.36	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): 9.45%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.55%
• Asset Turnover: 0.56x
• Equity Multiplier: 3.06x
Recent ROE (9.45%) is below the historical average (12.59%), 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¥-34.24 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¥-124.75 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
2025	9.45%	5.55%	0.56x	3.06x	CN¥-27.24 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: $3,361,168,738
Average return on equity (ROE) among peers: 5.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hunan Zhongke Electric (300035)	CN¥5.84 Billion	45.51%	1.64x	$1.24 Billion
XJ Electric Co Ltd (000400)	$2.06 Billion	5.67%	0.94x	$3.03 Billion
Guangdong Macro Co Ltd (000533)	$118.83 Million	0.00%	3.89x	$1.09 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.81 Billion	9.38%	0.11x	$883.45 Million
Dongfang Electronics Co Ltd (000682)	$5.03 Billion	10.76%	1.22x	$2.10 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.53 Billion	4.09%	0.63x	$731.80 Million
Huagong Tech Co Ltd (000988)	$7.43 Billion	10.24%	0.87x	$15.56 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$873.58 Million	10.72%	0.86x	$1.27 Billion
Sieyuan Electric Co Ltd (002028)	$4.51 Billion	5.52%	0.51x	$15.39 Billion
Shanghai Welltech Automation Co Ltd (002058)	$190.71 Million	2.39%	0.15x	$352.65 Million
Gotion High tech Co Ltd (002074)	$9.06 Billion	0.57%	1.78x	$6.86 Billion

About Hunan Zhongke Electric

SHE:300035 China Electrical Equipment & Parts

Market Cap

$1.24 Billion

CN¥8.47 Billion CNY

Market Cap Rank

#8001 Global

#1818 in China

Share Price

CN¥12.36

Change (1 day)

-0.48%

52-Week Range

CN¥12.08 - CN¥28.09

All Time High

CN¥38.00