Zhejiang Yonggui Electric Equipment Co Ltd (300351) - Net Assets

Latest as of March 2026: CN¥2.55 Billion CNY ≈ $373.81 Million USD

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 300351 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

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. See 300351 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see Zhejiang Yonggui Electric Equipment Co L market cap and net worth.

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	--

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
Zhongnanhong Culture Group Co Ltd SHE:002445	$1.11 Billion
XPLR Infrastructure LP Unit NYSE:XIFR	$1.11 Billion
Marcus & Millichap Inc NYSE:MMI	$1.11 Billion
Jingjin Environmental Protection Co Ltd SHG:603279	$1.11 Billion
Shenzhen Jiang and Associates Creative Design Co Ltd SHE:300668	$1.11 Billion
Precision Drilling Corporation TO:PD	$1.10 Billion
Alma Media Oyj HE:ALMA	$1.10 Billion
Simply Good Foods Co NASDAQ:SMPL	$1.10 Billion

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: 3.03x
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 57.57x to 3.03x 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¥19.43	x
2010-12-31	CN¥0.79	CN¥19.43	x
2011-12-31	CN¥1.03	CN¥19.43	x
2012-12-31	CN¥3.25	CN¥19.43	x
2013-12-31	CN¥2.65	CN¥19.43	x
2014-12-31	CN¥2.95	CN¥19.43	x
2015-12-31	CN¥3.18	CN¥19.43	x
2016-12-31	CN¥7.44	CN¥19.43	x
2017-12-31	CN¥7.34	CN¥19.43	x
2018-12-31	CN¥6.03	CN¥19.43	x
2019-12-31	CN¥4.90	CN¥19.43	x
2020-12-31	CN¥5.17	CN¥19.43	x
2021-12-31	CN¥5.48	CN¥19.43	x
2022-12-31	CN¥5.83	CN¥19.43	x
2023-12-31	CN¥5.97	CN¥19.43	x
2024-12-31	CN¥6.22	CN¥19.43	x
2025-12-31	CN¥6.42	CN¥19.43	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: $1,962,958,871
Average return on equity (ROE) among peers: 10.16%

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	$1.11 Billion
XJ Electric Co Ltd (000400)	$769.50 Million	13.66%	0.29x	$3.41 Billion
Guangdong Macro Co Ltd (000533)	$656.70 Million	10.00%	3.24x	$1.05 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.39 Billion	11.14%	0.11x	$908.69 Million
Dongfang Electronics Co Ltd (000682)	$1.32 Billion	0.16%	0.16x	$2.52 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.57 Billion	1.54%	1.62x	$742.84 Million
Huagong Tech Co Ltd (000988)	$684.66 Million	5.90%	0.54x	$26.12 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.38 Billion	9.72%	0.89x	$1.44 Billion
Sieyuan Electric Co Ltd (002028)	$10.67 Billion	14.62%	0.76x	$21.78 Billion
Shanghai Welltech Automation Co Ltd (002058)	$102.42 Million	12.86%	0.78x	$468.31 Million
Gotion High tech Co Ltd (002074)	$87.88 Million	21.99%	1.03x	$7.89 Billion

About Zhejiang Yonggui Electric Equipment Co Ltd

SHE:300351 China Electrical Equipment & Parts

Market Cap

$1.11 Billion

CN¥7.56 Billion CNY

Market Cap Rank

#8637 Global

#2141 in China

Share Price

CN¥19.43

Change (1 day)

-5.36%

52-Week Range

CN¥14.74 - CN¥27.20

All Time High

CN¥33.41