Zhejiang Jinsheng New Materials Co (300849) - Net Assets
Based on the latest financial reports, Zhejiang Jinsheng New Materials Co (300849) has net assets worth CN¥538.95 Million CNY (≈ $78.87 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¥694.67 Million ≈ $101.65 Million USD) and total liabilities (CN¥155.72 Million ≈ $22.79 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 tangible equity quality of Zhejiang Jinsheng New Materials Co to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥538.95 Million |
| % of Total Assets | 77.58% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | -20.15% |
| 10-Year Change | 162.32% |
| Growth Volatility | 26.64 |
Zhejiang Jinsheng New Materials Co - Net Assets Trend (2014–2025)
This chart illustrates how Zhejiang Jinsheng New Materials Co's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Zhejiang Jinsheng New Materials Co to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Jinsheng New Materials Co (2014–2025)
The table below shows the annual net assets of Zhejiang Jinsheng New Materials Co from 2014 to 2025. For live valuation and market cap data, see Zhejiang Jinsheng New Materials Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥545.18 Million ≈ $79.78 Million |
-8.95% |
| 2024-12-31 | CN¥598.75 Million ≈ $87.62 Million |
-3.64% |
| 2023-12-31 | CN¥621.40 Million ≈ $90.93 Million |
-3.70% |
| 2022-12-31 | CN¥645.28 Million ≈ $94.42 Million |
-5.49% |
| 2021-12-31 | CN¥682.79 Million ≈ $99.91 Million |
-2.07% |
| 2020-12-31 | CN¥697.20 Million ≈ $102.02 Million |
+88.50% |
| 2019-12-31 | CN¥369.86 Million ≈ $54.12 Million |
+21.58% |
| 2018-12-31 | CN¥304.22 Million ≈ $44.52 Million |
+21.35% |
| 2017-12-31 | CN¥250.71 Million ≈ $36.69 Million |
+20.63% |
| 2016-12-31 | CN¥207.83 Million ≈ $30.41 Million |
+26.19% |
| 2015-12-31 | CN¥164.70 Million ≈ $24.10 Million |
+1.25% |
| 2014-12-31 | CN¥162.67 Million ≈ $23.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Jinsheng New Materials Co'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 decreased by 44.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥48.22 Million | 8.85% |
| Other Components | CN¥496.96 Million | 91.15% |
| Total Equity | CN¥545.18 Million | 100.00% |
Zhejiang Jinsheng New Materials Co Competitors by Market Cap
The table below lists competitors of Zhejiang Jinsheng New Materials Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lem Holding SA
SW:LEHN
|
$502.61 Million |
|
Well Lead Med Co Ltd
SHG:603309
|
$502.70 Million |
|
Chun Yuan Steel Industry Co Ltd
TW:2010
|
$502.98 Million |
|
BlackRock MIT II
NYSE:BLE
|
$503.04 Million |
|
Guangzhou Jiacheng
SHG:603535
|
$502.41 Million |
|
Altice USA Inc
NYSE:ATUS
|
$502.28 Million |
|
Shanghai Labway Clinical Laboratory Co Ltd
SHE:301060
|
$502.27 Million |
|
Hubei Yingtong Telecommunication Cable Co Ltd
SHE:002861
|
$502.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Jinsheng New Materials Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 598,754,136 to 545,183,133, a change of -53,571,003 (-8.9%).
- Net loss of 53,571,004 reduced equity.
- Dividend payments of 1,383,461 reduced retained earnings.
- Other comprehensive income decreased equity by 23,001,412.
- Other factors increased equity by 24,384,874.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-53.57 Million | -9.83% |
| Dividends Paid | CN¥1.38 Million | -0.25% |
| Other Comprehensive Income | CN¥-23.00 Million | -4.22% |
| Other Changes | CN¥24.38 Million | +4.47% |
| Total Change | CN¥- | -8.95% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Jinsheng New Materials Co'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: 6.30x
- 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 17.86x to 6.30x 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¥1.28 | CN¥22.89 | x |
| 2015-12-31 | CN¥1.35 | CN¥22.89 | x |
| 2016-12-31 | CN¥1.84 | CN¥22.89 | x |
| 2017-12-31 | CN¥2.23 | CN¥22.89 | x |
| 2018-12-31 | CN¥2.70 | CN¥22.89 | x |
| 2019-12-31 | CN¥3.31 | CN¥22.89 | x |
| 2020-12-31 | CN¥5.46 | CN¥22.89 | x |
| 2021-12-31 | CN¥4.51 | CN¥22.89 | x |
| 2022-12-31 | CN¥4.30 | CN¥22.89 | x |
| 2023-12-31 | CN¥4.16 | CN¥22.89 | x |
| 2024-12-31 | CN¥3.97 | CN¥22.89 | x |
| 2025-12-31 | CN¥3.63 | CN¥22.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Jinsheng New Materials Co 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): -9.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.47%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.27x
- Recent ROE (-9.83%) is below the historical average (7.94%), 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 | 17.09% | 10.54% | 0.58x | 2.80x | CN¥10.26 Million |
| 2015 | 14.89% | 8.77% | 0.59x | 2.86x | CN¥7.43 Million |
| 2016 | 25.36% | 18.21% | 0.99x | 1.41x | CN¥31.92 Million |
| 2017 | 17.10% | 14.26% | 0.92x | 1.31x | CN¥17.80 Million |
| 2018 | 17.59% | 14.84% | 1.01x | 1.18x | CN¥23.09 Million |
| 2019 | 17.75% | 19.14% | 0.82x | 1.13x | CN¥28.66 Million |
| 2020 | 4.95% | 13.29% | 0.35x | 1.06x | CN¥-35.23 Million |
| 2021 | 1.55% | 3.61% | 0.38x | 1.14x | CN¥-57.69 Million |
| 2022 | -3.49% | -9.27% | 0.30x | 1.24x | CN¥-87.04 Million |
| 2023 | -3.84% | -9.19% | 0.30x | 1.37x | CN¥-86.02 Million |
| 2024 | -3.78% | -6.80% | 0.45x | 1.22x | CN¥-82.52 Million |
| 2025 | -9.83% | -17.47% | 0.44x | 1.27x | CN¥-108.09 Million |
Industry Comparison
This section compares Zhejiang Jinsheng New Materials Co's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,326,103,210
- Average return on equity (ROE) among peers: -3.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jinsheng New Materials Co (300849) | CN¥538.95 Million | 17.09% | 0.29x | $502.43 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $1.12 Billion | -98.93% | 3.06x | $654.72 Million |
| Huangshan Novel Co Ltd (002014) | $2.64 Billion | 17.74% | 0.64x | $959.01 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.69 Billion | 16.10% | 0.61x | $815.77 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $889.38 Million | 8.34% | 1.04x | $573.51 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $5.77 Billion | 9.25% | 0.50x | $1.30 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $508.59 Million | 3.43% | 2.86x | $1.17 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.58 Billion | 8.76% | 0.39x | $815.65 Million |
| Shandong Lipeng Co Ltd (002374) | $2.84 Billion | -6.32% | 0.99x | $506.57 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $84.37 Million | 18.38% | 2.04x | $982.15 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.14 Billion | -9.26% | 0.43x | $2.09 Billion |
About Zhejiang Jinsheng New Materials Co
Zhejiang Jinsheng New Materials Co.,Ltd. manufactures and sells acrylic containers in China and internationally. It offers airless bottles, acrylic cream and lotion bottles, PETG jars, PP jars, and vacuum bottles products. Zhejiang Jinsheng New Materials Co.,Ltd. was formerly known as Zhejiang Jinsheng Packaging Co.,Ltd and changed its name to Zhejiang Jinsheng New Materials Co., Ltd. in 2017. Zh… Read more