Zhejiang Jinlihua Electric Co (300069) - Net Assets
Based on the latest financial reports, Zhejiang Jinlihua Electric Co (300069) has net assets worth CN¥281.37 Million CNY (≈ $41.17 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥852.52 Million ≈ $124.75 Million USD) and total liabilities (CN¥571.15 Million ≈ $83.58 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. See debt-free asset ratio of Zhejiang Jinlihua Electric Co to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥281.37 Million |
| % of Total Assets | 33.0% |
| Annual Growth Rate | 9.47% |
| 5-Year Change | -2.57% |
| 10-Year Change | -46.3% |
| Growth Volatility | 90.97 |
Zhejiang Jinlihua Electric Co - Net Assets Trend (2007–2025)
This chart illustrates how Zhejiang Jinlihua Electric Co's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Jinlihua Electric Co annual equity growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for Zhejiang Jinlihua Electric Co (2007–2025)
The table below shows the annual net assets of Zhejiang Jinlihua Electric Co from 2007 to 2025. For live market cap and overall valuation, see how much is Zhejiang Jinlihua Electric Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥272.33 Million ≈ $39.85 Million |
-5.01% |
| 2024-12-31 | CN¥286.70 Million ≈ $41.95 Million |
+10.80% |
| 2023-12-31 | CN¥258.75 Million ≈ $37.86 Million |
+3.49% |
| 2022-12-31 | CN¥250.03 Million ≈ $36.59 Million |
-10.55% |
| 2021-12-31 | CN¥279.52 Million ≈ $40.90 Million |
-12.64% |
| 2020-12-31 | CN¥319.97 Million ≈ $46.82 Million |
-16.22% |
| 2019-12-31 | CN¥381.94 Million ≈ $55.89 Million |
+5.75% |
| 2018-12-31 | CN¥361.17 Million ≈ $52.85 Million |
-32.66% |
| 2017-12-31 | CN¥536.33 Million ≈ $78.48 Million |
+5.76% |
| 2016-12-31 | CN¥507.12 Million ≈ $74.21 Million |
+3.69% |
| 2015-12-31 | CN¥489.08 Million ≈ $71.57 Million |
+0.97% |
| 2014-12-31 | CN¥484.38 Million ≈ $70.88 Million |
+0.12% |
| 2013-12-31 | CN¥483.79 Million ≈ $70.79 Million |
-1.41% |
| 2012-12-31 | CN¥490.73 Million ≈ $71.81 Million |
+2.07% |
| 2011-12-31 | CN¥480.76 Million ≈ $70.35 Million |
+4.46% |
| 2010-12-31 | CN¥460.25 Million ≈ $67.35 Million |
+393.23% |
| 2009-12-31 | CN¥93.31 Million ≈ $13.65 Million |
+34.08% |
| 2008-12-31 | CN¥69.60 Million ≈ $10.18 Million |
+30.33% |
| 2007-12-31 | CN¥53.40 Million ≈ $7.81 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Jinlihua Electric Co'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 decreased by 5413.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥396.83 Million | 147.09% |
| Total Equity | CN¥269.78 Million | 100.00% |
Zhejiang Jinlihua Electric Co Competitors by Market Cap
The table below lists competitors of Zhejiang Jinlihua Electric Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Itcen Co. Ltd
KQ:124500
|
$416.72 Million |
|
Beijing Kaiwen Education Technology Co Ltd
SHE:002659
|
$416.72 Million |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
$416.81 Million |
|
Ellaktor S.A
AT:ELLAKTOR
|
$416.88 Million |
|
LandOcean Energy Services Co
SHE:300157
|
$416.62 Million |
|
Linc AB
ST:LINC
|
$416.58 Million |
|
Hyundai Green Food Co. Ltd.
KO:453340
|
$416.54 Million |
|
AMAROQ MINERALS LTD
F:72Q
|
$416.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Jinlihua Electric Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 275,120,844 to 269,782,620, a change of -5,338,224 (-1.9%).
- Net loss of 5,338,225 reduced equity.
- Dividend payments of 5,778,702 reduced retained earnings.
- Other comprehensive income decreased equity by 19,292,013.
- Other factors increased equity by 25,070,716.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-5.34 Million | -1.98% |
| Dividends Paid | CN¥5.78 Million | -2.14% |
| Other Comprehensive Income | CN¥-19.29 Million | -7.15% |
| Other Changes | CN¥25.07 Million | +9.29% |
| Total Change | CN¥- | -1.94% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Jinlihua Electric Co'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: 10.56x
- 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 36.42x to 10.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.67 | CN¥24.34 | x |
| 2008-12-31 | CN¥0.79 | CN¥24.34 | x |
| 2009-12-31 | CN¥1.07 | CN¥24.34 | x |
| 2010-12-31 | CN¥4.45 | CN¥24.34 | x |
| 2011-12-31 | CN¥3.93 | CN¥24.34 | x |
| 2012-12-31 | CN¥3.91 | CN¥24.34 | x |
| 2013-12-31 | CN¥4.07 | CN¥24.34 | x |
| 2014-12-31 | CN¥4.01 | CN¥24.34 | x |
| 2015-12-31 | CN¥4.17 | CN¥24.34 | x |
| 2016-12-31 | CN¥4.25 | CN¥24.34 | x |
| 2017-12-31 | CN¥4.39 | CN¥24.34 | x |
| 2018-12-31 | CN¥2.97 | CN¥24.34 | x |
| 2019-12-31 | CN¥3.14 | CN¥24.34 | x |
| 2020-12-31 | CN¥2.61 | CN¥24.34 | x |
| 2021-12-31 | CN¥2.22 | CN¥24.34 | x |
| 2022-12-31 | CN¥2.03 | CN¥24.34 | x |
| 2023-12-31 | CN¥2.22 | CN¥24.34 | x |
| 2024-12-31 | CN¥2.32 | CN¥24.34 | x |
| 2025-12-31 | CN¥2.31 | CN¥24.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Jinlihua Electric Co 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): -1.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.42%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.55x
- Recent ROE (-1.98%) is below the historical average (1.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 26.86% | 14.88% | 0.54x | 3.34x | CN¥9.00 Million |
| 2008 | 23.27% | 11.51% | 0.62x | 3.25x | CN¥9.24 Million |
| 2009 | 25.42% | 14.04% | 0.70x | 2.58x | CN¥14.39 Million |
| 2010 | 5.69% | 19.28% | 0.24x | 1.21x | CN¥-19.82 Million |
| 2011 | 4.58% | 14.75% | 0.22x | 1.39x | CN¥-25.20 Million |
| 2012 | 2.30% | 7.55% | 0.21x | 1.46x | CN¥-36.64 Million |
| 2013 | 4.92% | 12.27% | 0.28x | 1.45x | CN¥-24.38 Million |
| 2014 | 3.24% | 7.56% | 0.32x | 1.36x | CN¥-32.74 Million |
| 2015 | 2.16% | 4.94% | 0.31x | 1.41x | CN¥-38.36 Million |
| 2016 | 4.71% | 7.09% | 0.41x | 1.62x | CN¥-26.83 Million |
| 2017 | 3.41% | 6.89% | 0.29x | 1.72x | CN¥-34.58 Million |
| 2018 | -51.50% | -96.85% | 0.31x | 1.70x | CN¥-213.14 Million |
| 2019 | 4.78% | 8.75% | 0.34x | 1.62x | CN¥-18.94 Million |
| 2020 | -19.92% | -46.89% | 0.24x | 1.78x | CN¥-90.52 Million |
| 2021 | -15.29% | -17.47% | 0.47x | 1.84x | CN¥-66.35 Million |
| 2022 | -11.83% | -23.49% | 0.31x | 1.65x | CN¥-51.31 Million |
| 2023 | 3.15% | 4.18% | 0.47x | 1.59x | CN¥-16.64 Million |
| 2024 | 11.66% | 11.76% | 0.47x | 2.12x | CN¥4.56 Million |
| 2025 | -1.98% | -2.42% | 0.32x | 2.55x | CN¥-32.32 Million |
Industry Comparison
This section compares Zhejiang Jinlihua Electric Co's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $3,547,846,507
- Average return on equity (ROE) among peers: -1.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jinlihua Electric Co (300069) | CN¥281.37 Million | 26.86% | 2.03x | $416.72 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $329.43 Million | 1.66% | 0.86x | $380.16 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $148.56 Million | 9.78% | 2.16x | $1.27 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $657.99 Million | -14.85% | 5.12x | $500.85 Million |
| CPT Technology Group Co Ltd (000536) | $2.45 Billion | -65.48% | 2.00x | $1.34 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.13 Billion | 1.15% | 0.64x | $7.99 Billion |
| Xiamen Xindeco Ltd (000701) | $1.13 Billion | 6.25% | 3.13x | $513.25 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $29.26 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $15.74 Billion | 6.51% | 0.22x | $3.11 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $84.90 Million | 19.22% | 1.19x | $1.98 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $7.28 Billion | 10.31% | 0.53x | $4.10 Billion |
About Zhejiang Jinlihua Electric Co
Jinlihua Electric Co., Ltd. engages in the research, development, manufacture, and supply of functional glass and insulation products for use in HV, UHV, and EHV transmission lines in China and internationally. It offers standard suspension insulator, fog type suspension instlator, open air profile type, and cap and pin type products. In addition, the company engages in the production of radio an… Read more