Zhejiang Wellsun Intelligent Tech (300882) - Net Assets
Based on the latest financial reports, Zhejiang Wellsun Intelligent Tech (300882) has net assets worth CN¥1.31 Billion CNY (≈ $191.83 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¥2.06 Billion ≈ $301.34 Million USD) and total liabilities (CN¥748.38 Million ≈ $109.51 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 how tangible is Zhejiang Wellsun Intelligent Tech's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.31 Billion |
| % of Total Assets | 63.66% |
| Annual Growth Rate | 23.6% |
| 5-Year Change | 42.85% |
| 10-Year Change | N/A |
| Growth Volatility | 33.54 |
Zhejiang Wellsun Intelligent Tech - Net Assets Trend (2016–2024)
This chart illustrates how Zhejiang Wellsun Intelligent Tech's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Zhejiang Wellsun Intelligent Tech to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Wellsun Intelligent Tech (2016–2024)
The table below shows the annual net assets of Zhejiang Wellsun Intelligent Tech from 2016 to 2024. For live valuation and market cap data, see Zhejiang Wellsun Intelligent Tech market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion ≈ $169.85 Million |
-0.32% |
| 2023-12-31 | CN¥1.16 Billion ≈ $170.40 Million |
+21.90% |
| 2022-12-31 | CN¥955.27 Million ≈ $139.79 Million |
+15.05% |
| 2021-12-31 | CN¥830.30 Million ≈ $121.50 Million |
+2.18% |
| 2020-12-31 | CN¥812.55 Million ≈ $118.90 Million |
+112.79% |
| 2019-12-31 | CN¥381.86 Million ≈ $55.88 Million |
+24.55% |
| 2018-12-31 | CN¥306.58 Million ≈ $44.86 Million |
+19.15% |
| 2017-12-31 | CN¥257.30 Million ≈ $37.65 Million |
+20.75% |
| 2016-12-31 | CN¥213.08 Million ≈ $31.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Wellsun Intelligent Tech'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 1803.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥548.48 Million | 47.25% |
| Common Stock | CN¥286.20 Million | 24.66% |
| Other Comprehensive Income | CN¥94.74 Million | 8.16% |
| Other Components | CN¥231.30 Million | 19.93% |
| Total Equity | CN¥1.16 Billion | 100.00% |
Zhejiang Wellsun Intelligent Tech Competitors by Market Cap
The table below lists competitors of Zhejiang Wellsun Intelligent Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western Regions Tourism Development
SHE:300859
|
$655.04 Million |
|
Wangli Security & Surveillance Product Co. Ltd
SHG:605268
|
$655.04 Million |
|
Bomesc Offshore Engineering Co
SHG:603727
|
$655.06 Million |
|
Beijing Advanced Digital Technology Co Ltd
SHE:300541
|
$655.09 Million |
|
MOIL Limited
NSE:MOIL
|
$654.90 Million |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
$654.72 Million |
|
Ridgepost Capital, Inc
NYSE:RPC
|
$654.70 Million |
|
Heritage Insurance Hldgs Inc
NYSE:HRTG
|
$654.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Wellsun Intelligent Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,164,465,444 to 1,160,724,863, a change of -3,740,581 (-0.3%).
- Net income of 118,917,071 contributed positively to equity growth.
- Dividend payments of 122,744,318 reduced retained earnings.
- Other comprehensive income increased equity by 94,741,011.
- Other factors decreased equity by 94,654,345.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥118.92 Million | +10.25% |
| Dividends Paid | CN¥122.74 Million | -10.57% |
| Other Comprehensive Income | CN¥94.74 Million | +8.16% |
| Other Changes | CN¥-94.65 Million | -8.15% |
| Total Change | CN¥- | -0.32% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Wellsun Intelligent Tech'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: 3.82x
- 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 9.64x to 3.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.62 | CN¥15.64 | x |
| 2017-12-31 | CN¥1.66 | CN¥15.64 | x |
| 2018-12-31 | CN¥2.01 | CN¥15.64 | x |
| 2019-12-31 | CN¥1.87 | CN¥15.64 | x |
| 2020-12-31 | CN¥3.97 | CN¥15.64 | x |
| 2021-12-31 | CN¥4.06 | CN¥15.64 | x |
| 2022-12-31 | CN¥4.67 | CN¥15.64 | x |
| 2023-12-31 | CN¥5.63 | CN¥15.64 | x |
| 2024-12-31 | CN¥4.10 | CN¥15.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Wellsun Intelligent Tech 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): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.69%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.35x
- Recent ROE (10.25%) is below the historical average (14.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.96% | 5.58% | 0.81x | 2.21x | CN¥-94.57K |
| 2017 | 17.19% | 9.31% | 0.82x | 2.25x | CN¥18.49 Million |
| 2018 | 21.07% | 12.55% | 0.85x | 1.97x | CN¥33.95 Million |
| 2019 | 19.71% | 13.25% | 0.78x | 1.92x | CN¥37.09 Million |
| 2020 | 10.75% | 15.29% | 0.52x | 1.35x | CN¥6.08 Million |
| 2021 | 7.85% | 11.93% | 0.49x | 1.35x | CN¥-17.85 Million |
| 2022 | 14.15% | 16.01% | 0.61x | 1.45x | CN¥39.64 Million |
| 2023 | 21.48% | 22.34% | 0.71x | 1.36x | CN¥133.64 Million |
| 2024 | 10.25% | 12.69% | 0.60x | 1.35x | CN¥2.84 Million |
Industry Comparison
This section compares Zhejiang Wellsun Intelligent Tech's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,248,491,972
- Average return on equity (ROE) among peers: -126.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Wellsun Intelligent Tech (300882) | CN¥1.31 Billion | 9.96% | 0.57x | $655.01 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $336.27 Million | 15.18% | 0.44x | $2.65 Billion |
| Oriental Times Media Corp (002175) | $88.05 Million | -1156.14% | 12.07x | $405.43 Million |
| Changchun UP Optotech Co Ltd (002338) | $151.12 Million | 23.31% | 0.57x | $1.95 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $150.48 Million | 26.97% | 0.67x | $1.31 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $1.46 Billion | 2.74% | 0.28x | $798.45 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.22 Billion | -22.16% | 0.41x | $2.00 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $2.38 Billion | 2.58% | 0.14x | $8.41 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $974.27 Million | 14.81% | 0.29x | $712.76 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.15 Billion | 6.55% | 0.42x | $769.37 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $574.30 Million | -179.12% | 5.48x | $502.03 Million |
About Zhejiang Wellsun Intelligent Tech
Zhejiang Wellsun Intelligent Technology Co.,Ltd. provides energy IoT solutions in China and internationally. It offers smart metering and distribution network products, such as smart energy meters, power information collection systems, and metering transformers to large state-owned power grid companies. The company provides smart metering products, such as smart energy meters, electricity informa… Read more