Zhejiang Yonggui Electric Equipment Co Ltd (300351) - Net Assets
Based on the latest financial reports, Zhejiang Yonggui Electric Equipment Co Ltd (300351) has net assets worth CN¥2.55 Billion CNY (≈ $373.81 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¥4.77 Billion ≈ $698.66 Million USD) and total liabilities (CN¥2.22 Billion ≈ $324.85 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 how strategically is Zhejiang Yonggui Electric Equipment Co L's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.55 Billion |
| % of Total Assets | 53.5% |
| Annual Growth Rate | 23.98% |
| 5-Year Change | 20.09% |
| 10-Year Change | -4.57% |
| Growth Volatility | 69.91 |
Zhejiang Yonggui Electric Equipment Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Zhejiang Yonggui Electric Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300351 stock market capitalisation.
Annual Net Assets for Zhejiang Yonggui Electric Equipment Co Ltd (2009–2025)
The table below shows the annual net assets of Zhejiang Yonggui Electric Equipment Co Ltd from 2009 to 2025. Also explore 300351 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.58 Billion ≈ $376.88 Million |
+3.02% |
| 2024-12-31 | CN¥2.50 Billion ≈ $365.84 Million |
+5.86% |
| 2023-12-31 | CN¥2.36 Billion ≈ $345.59 Million |
+3.79% |
| 2022-12-31 | CN¥2.28 Billion ≈ $332.96 Million |
+6.10% |
| 2021-12-31 | CN¥2.14 Billion ≈ $313.83 Million |
+5.65% |
| 2020-12-31 | CN¥2.03 Billion ≈ $297.03 Million |
+5.53% |
| 2019-12-31 | CN¥1.92 Billion ≈ $281.47 Million |
-19.70% |
| 2018-12-31 | CN¥2.40 Billion ≈ $350.52 Million |
-17.35% |
| 2017-12-31 | CN¥2.90 Billion ≈ $424.09 Million |
+7.38% |
| 2016-12-31 | CN¥2.70 Billion ≈ $394.93 Million |
+145.54% |
| 2015-12-31 | CN¥1.10 Billion ≈ $160.84 Million |
+7.22% |
| 2014-12-31 | CN¥1.03 Billion ≈ $150.01 Million |
+13.14% |
| 2013-12-31 | CN¥906.10 Million ≈ $132.59 Million |
+1.59% |
| 2012-12-31 | CN¥891.88 Million ≈ $130.51 Million |
+244.16% |
| 2011-12-31 | CN¥259.15 Million ≈ $37.92 Million |
+39.86% |
| 2010-12-31 | CN¥185.30 Million ≈ $27.11 Million |
+124.18% |
| 2009-12-31 | CN¥82.65 Million ≈ $12.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Yonggui Electric Equipment Co Ltd'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 311.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥246.37 Million | 9.87% |
| Other Components | CN¥2.25 Billion | 90.13% |
| Total Equity | CN¥2.50 Billion | 100.00% |
Zhejiang Yonggui Electric Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Yonggui Electric Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zee Entertainment Enterprises Limited
NSE:ZEEL
|
$816.68 Million |
|
Electronics Mart India Limited
NSE:EMIL
|
$816.70 Million |
|
Ningbo Donly Co Ltd
SHE:002164
|
$816.90 Million |
|
Coronation Fund Managers Ltd
JSE:CML
|
$817.29 Million |
|
Rayhoo Motor Dies Co Ltd
SHE:002997
|
$816.60 Million |
|
PROSEGUR CASH UNSP.ADR/5
F:PQD0
|
$816.56 Million |
|
Arafura Rare EARTHS Ltd
AU:ARU
|
$816.37 Million |
|
HPGC Renmintongtai Pharmaceutical Corp
SHG:600829
|
$816.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Yonggui Electric Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,444,558,809 to 2,497,239,542, a change of 52,680,733 (2.2%).
- Net income of 62,498,724 contributed positively to equity growth.
- Dividend payments of 24,455,991 reduced retained earnings.
- Other comprehensive income increased equity by 4,186.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥62.50 Million | +2.5% |
| Dividends Paid | CN¥24.46 Million | -0.98% |
| Other Comprehensive Income | CN¥4.19K | +0.0% |
| Other Changes | CN¥14.63 Million | +0.59% |
| Total Change | CN¥- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Yonggui Electric Equipment Co Ltd'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: 2.23x
- 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 42.51x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.34 | CN¥14.35 | x |
| 2010-12-31 | CN¥0.79 | CN¥14.35 | x |
| 2011-12-31 | CN¥1.03 | CN¥14.35 | x |
| 2012-12-31 | CN¥3.25 | CN¥14.35 | x |
| 2013-12-31 | CN¥2.65 | CN¥14.35 | x |
| 2014-12-31 | CN¥2.95 | CN¥14.35 | x |
| 2015-12-31 | CN¥3.18 | CN¥14.35 | x |
| 2016-12-31 | CN¥7.44 | CN¥14.35 | x |
| 2017-12-31 | CN¥7.34 | CN¥14.35 | x |
| 2018-12-31 | CN¥6.03 | CN¥14.35 | x |
| 2019-12-31 | CN¥4.90 | CN¥14.35 | x |
| 2020-12-31 | CN¥5.17 | CN¥14.35 | x |
| 2021-12-31 | CN¥5.48 | CN¥14.35 | x |
| 2022-12-31 | CN¥5.83 | CN¥14.35 | x |
| 2023-12-31 | CN¥5.97 | CN¥14.35 | x |
| 2024-12-31 | CN¥6.22 | CN¥14.35 | x |
| 2025-12-31 | CN¥6.42 | CN¥14.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Yonggui Electric Equipment Co Ltd 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): 2.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.79%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.96x
- Recent ROE (2.50%) is below the historical average (7.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 36.24% | 23.52% | 0.72x | 2.15x | CN¥20.87 Million |
| 2010 | 33.51% | 29.72% | 0.76x | 1.48x | CN¥43.56 Million |
| 2011 | 28.50% | 38.78% | 0.57x | 1.30x | CN¥47.94 Million |
| 2012 | 5.87% | 33.10% | 0.17x | 1.05x | CN¥-36.85 Million |
| 2013 | 7.22% | 28.97% | 0.22x | 1.12x | CN¥-25.11 Million |
| 2014 | 11.47% | 29.72% | 0.33x | 1.16x | CN¥14.59 Million |
| 2015 | 10.71% | 22.46% | 0.40x | 1.20x | CN¥7.57 Million |
| 2016 | 6.05% | 16.89% | 0.31x | 1.16x | CN¥-105.31 Million |
| 2017 | 6.13% | 13.57% | 0.38x | 1.20x | CN¥-108.90 Million |
| 2018 | -19.73% | -35.01% | 0.45x | 1.24x | CN¥-691.22 Million |
| 2019 | -22.86% | -39.79% | 0.45x | 1.28x | CN¥-617.80 Million |
| 2020 | 5.29% | 9.96% | 0.42x | 1.27x | CN¥-93.51 Million |
| 2021 | 5.81% | 10.63% | 0.43x | 1.27x | CN¥-88.14 Million |
| 2022 | 6.92% | 10.24% | 0.50x | 1.36x | CN¥-68.92 Million |
| 2023 | 4.36% | 6.66% | 0.47x | 1.38x | CN¥-130.97 Million |
| 2024 | 5.15% | 6.23% | 0.57x | 1.46x | CN¥-118.66 Million |
| 2025 | 2.50% | 2.79% | 0.46x | 1.96x | CN¥-187.23 Million |
Industry Comparison
This section compares Zhejiang Yonggui Electric Equipment Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,245,673,029
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Yonggui Electric Equipment Co Ltd (300351) | CN¥2.55 Billion | 36.24% | 0.87x | $816.65 Million |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 6.87% | 1.16x | $1.14 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $536.10 Million | 17.67% | 0.27x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.10 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $557.50 Million | 13.45% | 0.65x | $744.67 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.86 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.32 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $15.80 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $353.70 Million |
| Gotion High tech Co Ltd (002074) | $8.26 Billion | 10.15% | 1.07x | $6.94 Billion |
About Zhejiang Yonggui Electric Equipment Co Ltd
Zhejiang Yonggui Electric Equipment Co., Ltd. engages in the research and development, manufacture, sale, and technical support of electrical connectors, components, and precision products in China and internationally. It operates through three segments: Rail Transit and Industry, Vehicle and Energy Information, and Special Equipment. The Rail Transit and Industry segment provides connectors, doo… Read more