Hangzhou Zhongtai Cryogenic Technology Corp
Hangzhou Zhongtai Cryogenic Technology Corporation develops, designs, manufactures, and sells cryogenic equipment in China. The company provides engineering services, such as natural gas engineering, air separation, syngas cryogenic separation, olefins separation, specialty gas, and chemical gas purification; manufacturers and sells plate-fin heat exchanger, spiral wound heat exchanger, cold box,… Read more
Hangzhou Zhongtai Cryogenic Technology Corp (300435) - Net Assets
Latest net assets as of September 2025: CN¥3.38 Billion CNY
Based on the latest financial reports, Hangzhou Zhongtai Cryogenic Technology Corp (300435) has net assets worth CN¥3.38 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¥4.62 Billion) and total liabilities (CN¥1.24 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¥3.38 Billion |
| % of Total Assets | 73.15% |
| Annual Growth Rate | 28.55% |
| 5-Year Change | 32.58% |
| 10-Year Change | 375.21% |
| Growth Volatility | 46.61 |
Hangzhou Zhongtai Cryogenic Technology Corp - Net Assets Trend (2011–2024)
This chart illustrates how Hangzhou Zhongtai Cryogenic Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hangzhou Zhongtai Cryogenic Technology Corp (2011–2024)
The table below shows the annual net assets of Hangzhou Zhongtai Cryogenic Technology Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.04 Billion | -4.55% |
| 2023-12-31 | CN¥3.19 Billion | +12.99% |
| 2022-12-31 | CN¥2.82 Billion | +11.77% |
| 2021-12-31 | CN¥2.53 Billion | +9.99% |
| 2020-12-31 | CN¥2.30 Billion | +8.70% |
| 2019-12-31 | CN¥2.11 Billion | +159.40% |
| 2018-12-31 | CN¥814.21 Million | +6.37% |
| 2017-12-31 | CN¥765.45 Million | +9.50% |
| 2016-12-31 | CN¥699.06 Million | +9.14% |
| 2015-12-31 | CN¥640.54 Million | +115.41% |
| 2014-12-31 | CN¥297.37 Million | +25.27% |
| 2013-12-31 | CN¥237.37 Million | +38.64% |
| 2012-12-31 | CN¥171.22 Million | +47.34% |
| 2011-12-31 | CN¥116.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Zhongtai Cryogenic Technology Corp'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 7293.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.11 Billion | 37.16% |
| Common Stock | CN¥385.71 Million | 12.95% |
| Other Comprehensive Income | CN¥170.70 Million | 5.73% |
| Other Components | CN¥1.31 Billion | 44.15% |
| Total Equity | CN¥2.98 Billion | 100.00% |
Hangzhou Zhongtai Cryogenic Technology Corp Competitors by Market Cap
The table below lists competitors of Hangzhou Zhongtai Cryogenic Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Myers Industries Inc
NYSE:MYE
|
$776.12 Million |
|
Paul Hartmann AG
F:PHH2
|
$776.29 Million |
|
Lafarge Malayan Cement Bhd
KLSE:3794
|
$776.34 Million |
|
EMPLOYERS HLDGS DL -01
F:YGB
|
$776.36 Million |
|
Levima Advanced Materials Corp
SHE:003022
|
$774.90 Million |
|
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd
SHG:600307
|
$774.08 Million |
|
DTS Corporation
F:DA9
|
$773.82 Million |
|
NISSHIN OILLIO GRP
F:8WC
|
$773.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Zhongtai Cryogenic Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,167,268,321 to 2,977,798,327, a change of -189,469,994 (-6.0%).
- Net loss of 77,960,117 reduced equity.
- Dividend payments of 72,717,491 reduced retained earnings.
- Share repurchases of 69,346,352 reduced equity.
- Other comprehensive income increased equity by 170,696,217.
- Other factors decreased equity by 140,142,251.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-77.96 Million | -2.62% |
| Dividends Paid | CN¥72.72 Million | -2.44% |
| Share Repurchases | CN¥69.35 Million | -2.33% |
| Other Comprehensive Income | CN¥170.70 Million | +5.73% |
| Other Changes | CN¥-140.14 Million | -4.71% |
| Total Change | CN¥- | -5.98% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Zhongtai Cryogenic Technology Corp'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: 3.41x
- 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 41.04x to 3.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.65 | CN¥26.66 | x |
| 2012-12-31 | CN¥0.95 | CN¥26.66 | x |
| 2013-12-31 | CN¥1.32 | CN¥26.66 | x |
| 2014-12-31 | CN¥1.65 | CN¥26.66 | x |
| 2015-12-31 | CN¥3.17 | CN¥26.66 | x |
| 2016-12-31 | CN¥2.83 | CN¥26.66 | x |
| 2017-12-31 | CN¥3.18 | CN¥26.66 | x |
| 2018-12-31 | CN¥3.25 | CN¥26.66 | x |
| 2019-12-31 | CN¥7.89 | CN¥26.66 | x |
| 2020-12-31 | CN¥6.07 | CN¥26.66 | x |
| 2021-12-31 | CN¥6.67 | CN¥26.66 | x |
| 2022-12-31 | CN¥7.41 | CN¥26.66 | x |
| 2023-12-31 | CN¥8.23 | CN¥26.66 | x |
| 2024-12-31 | CN¥7.81 | CN¥26.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Zhongtai Cryogenic Technology Corp 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): -2.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.87%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.53x
- Recent ROE (-2.62%) is below the historical average (13.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 31.30% | 19.05% | 0.50x | 3.29x | CN¥24.75 Million |
| 2012 | 30.87% | 17.13% | 0.67x | 2.69x | CN¥35.74 Million |
| 2013 | 27.87% | 17.43% | 0.76x | 2.10x | CN¥42.42 Million |
| 2014 | 26.88% | 18.47% | 0.62x | 2.34x | CN¥50.20 Million |
| 2015 | 14.42% | 19.97% | 0.50x | 1.45x | CN¥28.32 Million |
| 2016 | 8.13% | 16.87% | 0.33x | 1.46x | CN¥-13.04 Million |
| 2017 | 7.87% | 12.40% | 0.37x | 1.71x | CN¥-16.27 Million |
| 2018 | 8.31% | 11.37% | 0.42x | 1.74x | CN¥-13.73 Million |
| 2019 | 3.67% | 7.49% | 0.36x | 1.37x | CN¥-133.34 Million |
| 2020 | 8.55% | 9.92% | 0.57x | 1.50x | CN¥-33.33 Million |
| 2021 | 9.73% | 10.19% | 0.61x | 1.55x | CN¥-6.81 Million |
| 2022 | 9.86% | 8.54% | 0.70x | 1.66x | CN¥-3.97 Million |
| 2023 | 11.05% | 11.49% | 0.56x | 1.71x | CN¥33.33 Million |
| 2024 | -2.62% | -2.87% | 0.60x | 1.53x | CN¥-375.74 Million |
Industry Comparison
This section compares Hangzhou Zhongtai Cryogenic Technology Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Zhongtai Cryogenic Technology Corp (300435) | CN¥3.38 Billion | 31.30% | 0.37x | $775.01 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |