Zhejiang Changsheng Sliding Bearings Co Ltd Class A
Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells lubricated bearings and polymers in China and internationally. It offers self-lubricating bearings, low-friction parts, and related precision castings. Its products are used in automobiles, engineering machinery, robots, energy (traditional and renewable), port machinery, plastic machinery, agricultural machi… Read more
Zhejiang Changsheng Sliding Bearings Co Ltd Class A (300718) - Net Assets
Latest net assets as of September 2025: CN¥1.77 Billion CNY
Based on the latest financial reports, Zhejiang Changsheng Sliding Bearings Co Ltd Class A (300718) has net assets worth CN¥1.77 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¥2.09 Billion) and total liabilities (CN¥319.42 Million). 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¥1.77 Billion |
| % of Total Assets | 84.74% |
| Annual Growth Rate | 16.0% |
| 5-Year Change | 27.78% |
| 10-Year Change | 273.4% |
| Growth Volatility | 27.17 |
Zhejiang Changsheng Sliding Bearings Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Zhejiang Changsheng Sliding Bearings Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Changsheng Sliding Bearings Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Zhejiang Changsheng Sliding Bearings Co Ltd Class A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.72 Billion | +5.77% |
| 2023-12-31 | CN¥1.63 Billion | +11.57% |
| 2022-12-31 | CN¥1.46 Billion | +3.26% |
| 2021-12-31 | CN¥1.41 Billion | +4.85% |
| 2020-12-31 | CN¥1.35 Billion | +11.45% |
| 2019-12-31 | CN¥1.21 Billion | +5.82% |
| 2018-12-31 | CN¥1.14 Billion | +11.27% |
| 2017-12-31 | CN¥1.03 Billion | +103.05% |
| 2016-12-31 | CN¥504.97 Million | +9.67% |
| 2015-12-31 | CN¥460.44 Million | +16.50% |
| 2014-12-31 | CN¥395.22 Million | +17.66% |
| 2013-12-31 | CN¥335.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Changsheng Sliding Bearings Co Ltd Class A'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 444.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥772.74 Million | 47.51% |
| Common Stock | CN¥298.78 Million | 18.37% |
| Other Components | CN¥555.02 Million | 34.12% |
| Total Equity | CN¥1.63 Billion | 100.00% |
Zhejiang Changsheng Sliding Bearings Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Zhejiang Changsheng Sliding Bearings Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Helios Towers plc
PINK:HTWSF
|
$1.28 Billion |
|
Covivio Hotels
PA:COVH
|
$1.28 Billion |
|
Melexis NV
PINK:MLXSF
|
$1.28 Billion |
|
StubHub Holdings, Inc.
NYSE:STUB
|
$1.28 Billion |
|
Entra ASA
PINK:ENTOF
|
$1.27 Billion |
|
Kaynes Technology India Limited
NSE:KAYNES
|
$1.27 Billion |
|
Topsports International Holdings Limited
PINK:TPSRF
|
$1.27 Billion |
|
Shenzhen Kingdom SCI Tech Co Ltd
SHG:600446
|
$1.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Changsheng Sliding Bearings Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,537,110,996 to 1,626,538,328, a change of 89,427,332 (5.8%).
- Net income of 229,095,262 contributed positively to equity growth.
- Dividend payments of 122,470,781 reduced retained earnings.
- Share repurchases of 20,468,897 reduced equity.
- Other comprehensive income increased equity by 172,330.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥229.10 Million | +14.08% |
| Dividends Paid | CN¥122.47 Million | -7.53% |
| Share Repurchases | CN¥20.47 Million | -1.26% |
| Other Comprehensive Income | CN¥172.33K | +0.01% |
| Other Changes | CN¥3.10 Million | +0.19% |
| Total Change | CN¥- | 5.82% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Changsheng Sliding Bearings Co Ltd Class A'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: 13.17x
- 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 48.23x to 13.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.49 | CN¥72.00 | x |
| 2014-12-31 | CN¥1.76 | CN¥72.00 | x |
| 2015-12-31 | CN¥2.04 | CN¥72.00 | x |
| 2016-12-31 | CN¥2.24 | CN¥72.00 | x |
| 2017-12-31 | CN¥4.29 | CN¥72.00 | x |
| 2018-12-31 | CN¥3.77 | CN¥72.00 | x |
| 2019-12-31 | CN¥4.00 | CN¥72.00 | x |
| 2020-12-31 | CN¥4.34 | CN¥72.00 | x |
| 2021-12-31 | CN¥4.56 | CN¥72.00 | x |
| 2022-12-31 | CN¥4.59 | CN¥72.00 | x |
| 2023-12-31 | CN¥5.14 | CN¥72.00 | x |
| 2024-12-31 | CN¥5.47 | CN¥72.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Changsheng Sliding Bearings Co Ltd Class A 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): 14.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.14%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.28x
- Recent ROE (14.08%) is below the historical average (14.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 23.23% | 20.70% | 0.93x | 1.21x | CN¥43.98 Million |
| 2014 | 21.45% | 20.89% | 0.86x | 1.20x | CN¥44.80 Million |
| 2015 | 19.51% | 23.79% | 0.68x | 1.21x | CN¥43.27 Million |
| 2016 | 16.22% | 19.99% | 0.69x | 1.18x | CN¥30.95 Million |
| 2017 | 11.96% | 21.45% | 0.51x | 1.09x | CN¥19.94 Million |
| 2018 | 13.09% | 22.24% | 0.53x | 1.11x | CN¥34.74 Million |
| 2019 | 10.78% | 21.29% | 0.45x | 1.13x | CN¥9.22 Million |
| 2020 | 11.27% | 22.18% | 0.43x | 1.17x | CN¥16.40 Million |
| 2021 | 11.44% | 15.74% | 0.60x | 1.22x | CN¥19.47 Million |
| 2022 | 7.48% | 9.53% | 0.63x | 1.24x | CN¥-34.44 Million |
| 2023 | 15.76% | 21.91% | 0.56x | 1.27x | CN¥88.53 Million |
| 2024 | 14.08% | 20.14% | 0.54x | 1.28x | CN¥66.44 Million |
Industry Comparison
This section compares Zhejiang Changsheng Sliding Bearings Co Ltd Class A'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 |
|---|---|---|---|---|
| Zhejiang Changsheng Sliding Bearings Co Ltd Class A (300718) | CN¥1.77 Billion | 23.23% | 0.18x | $1.28 Billion |
| 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 |