Zhejiang Windey Co Ltd (300772) - Net Assets
Based on the latest financial reports, Zhejiang Windey Co Ltd (300772) has net assets worth CN¥6.76 Billion CNY (≈ $988.48 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥48.90 Billion ≈ $7.16 Billion USD) and total liabilities (CN¥42.14 Billion ≈ $6.17 Billion 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 Zhejiang Windey Co Ltd (300772) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.76 Billion |
| % of Total Assets | 13.81% |
| Annual Growth Rate | 25.66% |
| 5-Year Change | 214.93% |
| 10-Year Change | 721.78% |
| Growth Volatility | 24.19 |
Zhejiang Windey Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Zhejiang Windey Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Windey Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Windey Co Ltd (2014–2024)
The table below shows the annual net assets of Zhejiang Windey Co Ltd from 2014 to 2024. For live valuation and market cap data, see market value of Zhejiang Windey Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.81 Billion ≈ $849.53 Million |
+9.58% |
| 2023-12-31 | CN¥5.30 Billion ≈ $775.24 Million |
+6.79% |
| 2022-12-31 | CN¥4.96 Billion ≈ $725.93 Million |
+77.98% |
| 2021-12-31 | CN¥2.79 Billion ≈ $407.88 Million |
+51.20% |
| 2020-12-31 | CN¥1.84 Billion ≈ $269.75 Million |
+20.76% |
| 2019-12-31 | CN¥1.53 Billion ≈ $223.38 Million |
+58.63% |
| 2018-12-31 | CN¥962.30 Million ≈ $140.81 Million |
+14.23% |
| 2017-12-31 | CN¥842.42 Million ≈ $123.27 Million |
+3.11% |
| 2016-12-31 | CN¥817.03 Million ≈ $119.56 Million |
+15.65% |
| 2015-12-31 | CN¥706.46 Million ≈ $103.38 Million |
+19.46% |
| 2014-12-31 | CN¥591.39 Million ≈ $86.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Windey 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 9151.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.34 Billion | 41.25% |
| Common Stock | CN¥701.77 Million | 12.36% |
| Other Components | CN¥2.63 Billion | 46.39% |
| Total Equity | CN¥5.68 Billion | 100.00% |
Zhejiang Windey Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Windey Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tibet Tianlu Co Ltd
SHG:600326
|
$1.87 Billion |
|
BigBearai Holdings Inc
NYSE:BBAI
|
$1.87 Billion |
|
Evertec Inc
NYSE:EVTC
|
$1.87 Billion |
|
United Parks & Resorts Inc
NYSE:PRKS
|
$1.87 Billion |
|
Marriot Vacations Worldwide
NYSE:VAC
|
$1.87 Billion |
|
Shenzhen Ysstech Info-Tech Co Ltd
SHE:300377
|
$1.87 Billion |
|
National Vision Holdings Inc
NASDAQ:EYE
|
$1.87 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
$1.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Windey Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,245,427,984 to 5,677,233,805, a change of 431,805,821 (8.2%).
- Net income of 464,827,471 contributed positively to equity growth.
- Dividend payments of 108,164,377 reduced retained earnings.
- Other factors increased equity by 75,142,727.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥464.83 Million | +8.19% |
| Dividends Paid | CN¥108.16 Million | -1.91% |
| Other Changes | CN¥75.14 Million | +1.32% |
| Total Change | CN¥- | 8.23% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Windey 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: 2.00x
- 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 10.02x to 2.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.62 | CN¥16.22 | x |
| 2015-12-31 | CN¥2.01 | CN¥16.22 | x |
| 2016-12-31 | CN¥2.31 | CN¥16.22 | x |
| 2017-12-31 | CN¥2.39 | CN¥16.22 | x |
| 2018-12-31 | CN¥2.75 | CN¥16.22 | x |
| 2019-12-31 | CN¥3.56 | CN¥16.22 | x |
| 2020-12-31 | CN¥3.73 | CN¥16.22 | x |
| 2021-12-31 | CN¥4.69 | CN¥16.22 | x |
| 2022-12-31 | CN¥7.87 | CN¥16.22 | x |
| 2023-12-31 | CN¥7.55 | CN¥16.22 | x |
| 2024-12-31 | CN¥8.10 | CN¥16.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Windey 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): 8.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.09%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 6.81x
- Recent ROE (8.19%) is below the historical average (11.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.09% | 0.83% | 0.48x | 7.75x | CN¥-40.87 Million |
| 2015 | 19.01% | 3.46% | 0.74x | 7.43x | CN¥63.53 Million |
| 2016 | 12.77% | 3.32% | 0.63x | 6.11x | CN¥22.57 Million |
| 2017 | 11.21% | 2.90% | 0.56x | 6.91x | CN¥10.15 Million |
| 2018 | 12.52% | 3.63% | 0.50x | 6.86x | CN¥24.21 Million |
| 2019 | 7.03% | 2.13% | 0.43x | 7.62x | CN¥-45.11 Million |
| 2020 | 9.71% | 1.51% | 0.72x | 8.99x | CN¥-5.17 Million |
| 2021 | 21.54% | 3.63% | 0.65x | 9.08x | CN¥314.23 Million |
| 2022 | 12.70% | 3.55% | 0.60x | 5.97x | CN¥131.21 Million |
| 2023 | 7.90% | 2.21% | 0.54x | 6.57x | CN¥-110.40 Million |
| 2024 | 8.19% | 2.09% | 0.57x | 6.81x | CN¥-102.90 Million |
Industry Comparison
This section compares Zhejiang Windey Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Windey Co Ltd (300772) | CN¥6.76 Billion | 3.09% | 6.24x | $1.87 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Zhejiang Windey Co Ltd
Windey Energy Technology Group Co., Ltd. researches, develops, manufactures, and sells wind turbines in China. It also invests in and operates new energy power station projects, as well as provides smart services. In addition, the company offers new energy EPC general contracting services, grid-connected products and services, and new energy digital products. Windey Energy Technology Group Co., L… Read more