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¥589.28 Million CNY (≈ $86.23 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¥701.42 Million ≈ $102.64 Million USD) and total liabilities (CN¥112.14 Million ≈ $16.41 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 300849 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥589.28 Million |
| % of Total Assets | 84.01% |
| Annual Growth Rate | 13.92% |
| 5-Year Change | -14.12% |
| 10-Year Change | 263.54% |
| Growth Volatility | 26.87 |
Zhejiang Jinsheng New Materials Co - Net Assets Trend (2014–2024)
This chart illustrates how Zhejiang Jinsheng New Materials Co's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Jinsheng New Materials Co asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Jinsheng New Materials Co (2014–2024)
The table below shows the annual net assets of Zhejiang Jinsheng New Materials Co from 2014 to 2024. For live valuation and market cap data, see Zhejiang Jinsheng New Materials Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 17.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥101.79 Million | 17.00% |
| Common Stock | CN¥150.00 Million | 25.05% |
| Other Comprehensive Income | CN¥23.00 Million | 3.84% |
| Other Components | CN¥323.96 Million | 54.11% |
| Total Equity | CN¥598.75 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 |
|---|---|
|
NHN KCP Corp
KQ:060250
|
$502.25 Million |
|
Altice USA Inc
NYSE:ATUS
|
$502.28 Million |
|
Lungteh Shipbldg Co Ltd
TW:6753
|
$502.34 Million |
|
Tekla Life Sciences Investors
NYSE:HQL
|
$502.59 Million |
|
Sun Pharma Advanced Research Company Limited
NSE:SPARC
|
$502.01 Million |
|
Bansal Wire Industries Ltd
NSE:BANSALWIRE
|
$501.93 Million |
|
Reservoir Media Inc
NASDAQ:RSVR
|
$501.84 Million |
|
Mill City Ventures III Ltd
NASDAQ:MCVT
|
$501.70 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 2023 to 2024, total equity changed from 621,401,645 to 598,754,136, a change of -22,647,509 (-3.6%).
- Net loss of 22,647,508 reduced equity.
- Dividend payments of 2,990,978 reduced retained earnings.
- Other comprehensive income increased equity by 23,001,412.
- Other factors decreased equity by 20,010,435.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-22.65 Million | -3.78% |
| Dividends Paid | CN¥2.99 Million | -0.5% |
| Other Comprehensive Income | CN¥23.00 Million | +3.84% |
| Other Changes | CN¥-20.01 Million | -3.34% |
| Total Change | CN¥- | -3.64% |
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: 5.77x
- 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 17.85x to 5.77x 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¥22.88 | x |
| 2015-12-31 | CN¥1.35 | CN¥22.88 | x |
| 2016-12-31 | CN¥1.84 | CN¥22.88 | x |
| 2017-12-31 | CN¥2.22 | CN¥22.88 | x |
| 2018-12-31 | CN¥2.69 | CN¥22.88 | x |
| 2019-12-31 | CN¥3.32 | CN¥22.88 | x |
| 2020-12-31 | CN¥4.65 | CN¥22.88 | x |
| 2021-12-31 | CN¥4.55 | CN¥22.88 | x |
| 2022-12-31 | CN¥4.30 | CN¥22.88 | x |
| 2023-12-31 | CN¥4.16 | CN¥22.88 | x |
| 2024-12-31 | CN¥3.97 | CN¥22.88 | 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): -3.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.80%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.22x
- Recent ROE (-3.78%) is below the historical average (9.56%), 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 |
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: $1,715,624,811
- Average return on equity (ROE) among peers: 9.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jinsheng New Materials Co (300849) | CN¥589.28 Million | 17.09% | 0.19x | $502.21 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $250.28 Million | 0.00% | 0.93x | $758.20 Million |
| Huangshan Novel Co Ltd (002014) | $698.53 Million | 14.41% | 0.40x | $1.00 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $409.16 Million | 34.54% | 2.21x | $805.15 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $2.77 Billion | 6.86% | 1.33x | $692.47 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $590.09 Million | 16.39% | 0.36x | $1.51 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $942.33 Million | 5.01% | 0.84x | $1.11 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.90 Billion | 3.96% | 0.48x | $761.87 Million |
| Shandong Lipeng Co Ltd (002374) | $2.01 Billion | 6.03% | 0.89x | $511.34 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.31 Billion | 4.51% | 0.59x | $841.65 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.28 Billion | 4.45% | 0.59x | $2.95 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