Zhejiang Zhe Kuang Heavy Industry (300837) - Net Assets
Based on the latest financial reports, Zhejiang Zhe Kuang Heavy Industry (300837) has net assets worth CN¥1.43 Billion CNY (≈ $209.05 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¥2.29 Billion ≈ $335.29 Million USD) and total liabilities (CN¥862.64 Million ≈ $126.23 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 300837 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.43 Billion |
| % of Total Assets | 62.35% |
| Annual Growth Rate | 27.77% |
| 5-Year Change | 53.07% |
| 10-Year Change | 726.6% |
| Growth Volatility | 31.11 |
Zhejiang Zhe Kuang Heavy Industry - Net Assets Trend (2012–2024)
This chart illustrates how Zhejiang Zhe Kuang Heavy Industry 's net assets have evolved over time, based on quarterly financial data. Also explore 300837 total assets for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Zhe Kuang Heavy Industry (2012–2024)
The table below shows the annual net assets of Zhejiang Zhe Kuang Heavy Industry from 2012 to 2024. For live valuation and market cap data, see Zhejiang Zhe Kuang Heavy Industry market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.44 Billion ≈ $211.17 Million |
+3.79% |
| 2023-12-31 | CN¥1.39 Billion ≈ $203.45 Million |
+13.34% |
| 2022-12-31 | CN¥1.23 Billion ≈ $179.51 Million |
+14.61% |
| 2021-12-31 | CN¥1.07 Billion ≈ $156.63 Million |
+13.54% |
| 2020-12-31 | CN¥942.77 Million ≈ $137.96 Million |
+114.20% |
| 2019-12-31 | CN¥440.13 Million ≈ $64.40 Million |
+27.97% |
| 2018-12-31 | CN¥343.94 Million ≈ $50.33 Million |
+27.66% |
| 2017-12-31 | CN¥269.42 Million ≈ $39.42 Million |
+17.51% |
| 2016-12-31 | CN¥229.27 Million ≈ $33.55 Million |
+31.33% |
| 2014-12-31 | CN¥174.58 Million ≈ $25.55 Million |
+30.60% |
| 2013-12-31 | CN¥133.68 Million ≈ $19.56 Million |
+75.42% |
| 2012-12-31 | CN¥76.20 Million ≈ $11.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Zhe Kuang Heavy Industry '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 1973.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥817.21 Million | 58.17% |
| Common Stock | CN¥100.00 Million | 7.12% |
| Other Comprehensive Income | CN¥52.99 Million | 3.77% |
| Other Components | CN¥434.72 Million | 30.94% |
| Total Equity | CN¥1.40 Billion | 100.00% |
Zhejiang Zhe Kuang Heavy Industry Competitors by Market Cap
The table below lists competitors of Zhejiang Zhe Kuang Heavy Industry ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lutian Machinery Co Ltd
SHG:605259
|
$503.52 Million |
|
Youngy Health Co Ltd
SHE:300247
|
$503.57 Million |
|
Jereissati Participações S.A.
SA:IGTI3
|
$503.75 Million |
|
ForFarmers NV
AS:FFARM
|
$503.79 Million |
|
Guangdong Huiyun Titanium Industry
SHE:300891
|
$503.39 Million |
|
Jiangsu Apon Medical Technology Co Ltd Class A
SHE:300753
|
$503.17 Million |
|
Zhejiang Liming Intelligent Manufacturing Co Ltd
SHG:603048
|
$503.15 Million |
|
Kocaer Celik Sanayi ve Ticaret A.S.
IS:KCAER
|
$503.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Zhe Kuang Heavy Industry 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,303,942,896 to 1,404,921,466, a change of 100,978,570 (7.7%).
- Net income of 79,866,272 contributed positively to equity growth.
- Dividend payments of 31,333,121 reduced retained earnings.
- Other comprehensive income increased equity by 4,059,246.
- Other factors increased equity by 48,386,173.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.87 Million | +5.68% |
| Dividends Paid | CN¥31.33 Million | -2.23% |
| Other Comprehensive Income | CN¥4.06 Million | +0.29% |
| Other Changes | CN¥48.39 Million | +3.44% |
| Total Change | CN¥- | 7.74% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Zhe Kuang Heavy Industry '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: 2.61x
- 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 23.74x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.45 | CN¥34.40 | x |
| 2013-12-31 | CN¥2.57 | CN¥34.40 | x |
| 2014-12-31 | CN¥3.31 | CN¥34.40 | x |
| 2016-12-31 | CN¥3.00 | CN¥34.40 | x |
| 2017-12-31 | CN¥3.59 | CN¥34.40 | x |
| 2018-12-31 | CN¥4.59 | CN¥34.40 | x |
| 2019-12-31 | CN¥5.86 | CN¥34.40 | x |
| 2020-12-31 | CN¥10.74 | CN¥34.40 | x |
| 2021-12-31 | CN¥10.73 | CN¥34.40 | x |
| 2022-12-31 | CN¥12.30 | CN¥34.40 | x |
| 2023-12-31 | CN¥13.04 | CN¥34.40 | x |
| 2024-12-31 | CN¥13.19 | CN¥34.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Zhe Kuang Heavy Industry 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): 5.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.23%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.68x
- Recent ROE (5.68%) is below the historical average (15.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.18% | 12.49% | 0.53x | 2.91x | CN¥6.74 Million |
| 2013 | 22.15% | 16.25% | 0.56x | 2.44x | CN¥15.86 Million |
| 2014 | 19.02% | 16.10% | 0.54x | 2.20x | CN¥15.13 Million |
| 2016 | 13.66% | 15.35% | 0.52x | 1.71x | CN¥8.27 Million |
| 2017 | 16.20% | 19.39% | 0.54x | 1.54x | CN¥16.72 Million |
| 2018 | 21.64% | 25.11% | 0.65x | 1.32x | CN¥40.05 Million |
| 2019 | 21.86% | 26.04% | 0.59x | 1.42x | CN¥52.18 Million |
| 2020 | 12.85% | 26.17% | 0.37x | 1.34x | CN¥26.86 Million |
| 2021 | 14.72% | 27.49% | 0.38x | 1.40x | CN¥50.56 Million |
| 2022 | 15.21% | 26.85% | 0.43x | 1.30x | CN¥63.88 Million |
| 2023 | 8.21% | 19.53% | 0.25x | 1.67x | CN¥-23.39 Million |
| 2024 | 5.68% | 12.23% | 0.28x | 1.68x | CN¥-60.63 Million |
Industry Comparison
This section compares Zhejiang Zhe Kuang Heavy Industry 's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $7,475,839,331
- Average return on equity (ROE) among peers: 3.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Zhe Kuang Heavy Industry (300837) | CN¥1.43 Billion | 19.18% | 0.60x | $503.41 Million |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $47.89 Billion | 15.20% | 1.43x | $8.26 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $1.09 Billion | 0.51% | 2.01x | $17.11 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $9.13 Billion | 2.18% | 1.28x | $2.88 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $3.62 Billion | 1.78% | 1.64x | $2.61 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.36 Billion | -44.88% | 0.62x | $683.93 Million |
| HBIS Resources Co Ltd (000923) | $134.08 Million | 18.10% | 1.91x | $1.60 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $3.16 Billion | 13.53% | 4.08x | $3.76 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $2.14 Billion | 18.63% | 2.29x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $2.42 Billion | -1.21% | 1.61x | $1.56 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $2.82 Billion | 8.32% | 0.62x | $857.91 Million |
About Zhejiang Zhe Kuang Heavy Industry
Zhe Kuang Heavy Industry Co.,Ltd. provides large-scale mining machinery and equipment, resource recycling, and utilization equipment in China and internationally. The company's products comprise crushing series, such as gyratory crushers, jaw crushers, cone crushers, roller crushers, multi-cylinder cone crushers, vertical shaft impact crushers, and high-pressure roller mills; sieve series, includ… Read more