Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
Zhejiang Entive Smart Kitchen Appliance Co., Ltd. engages in the research, development, manufacture, and sale of kitchen appliances in China and internationally. It also offers integrated steam and bake stove, dishwasher, and sink, gas water heater, water purifier, steam oven, and cabinets. The company was founded in 2003 and is based in Shaoxing, China.
Zhejiang Entive Smart Kitchen Appliance Co. Ltd. (300911) - Net Assets
Latest net assets as of September 2025: CN¥1.23 Billion CNY
Based on the latest financial reports, Zhejiang Entive Smart Kitchen Appliance Co. Ltd. (300911) has net assets worth CN¥1.23 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.13 Billion) and total liabilities (CN¥904.95 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.23 Billion |
| % of Total Assets | 57.58% |
| Annual Growth Rate | 38.44% |
| 5-Year Change | 37.17% |
| 10-Year Change | N/A |
| Growth Volatility | 80.91 |
Zhejiang Entive Smart Kitchen Appliance Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Zhejiang Entive Smart Kitchen Appliance Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Entive Smart Kitchen Appliance Co. Ltd. (2016–2024)
The table below shows the annual net assets of Zhejiang Entive Smart Kitchen Appliance Co. Ltd. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.41 Billion | -8.14% |
| 2023-12-31 | CN¥1.53 Billion | +14.02% |
| 2022-12-31 | CN¥1.34 Billion | +12.91% |
| 2021-12-31 | CN¥1.19 Billion | +15.99% |
| 2020-12-31 | CN¥1.03 Billion | +258.78% |
| 2019-12-31 | CN¥285.97 Million | +70.61% |
| 2018-12-31 | CN¥167.61 Million | +18.55% |
| 2017-12-31 | CN¥141.39 Million | +35.56% |
| 2016-12-31 | CN¥104.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Entive Smart Kitchen Appliance 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 5676.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥539.70 Million | 38.35% |
| Common Stock | CN¥138.46 Million | 9.84% |
| Other Comprehensive Income | CN¥138.90 Million | 9.87% |
| Other Components | CN¥590.34 Million | 41.95% |
| Total Equity | CN¥1.41 Billion | 100.00% |
Zhejiang Entive Smart Kitchen Appliance Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Entive Smart Kitchen Appliance Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swan Energy Limited
NSE:SWANENERGY
|
$518.00 Million |
|
Guangdong Guanhao High-Tech Co Ltd
SHG:600433
|
$518.19 Million |
|
Vivenio Residencial SOCIMI S.A.
MC:YVIV
|
$518.38 Million |
|
Alandsbanken Abp B
HE:ALBBV
|
$518.42 Million |
|
Central China Land Media Co Ltd
SHE:000719
|
$517.78 Million |
|
LightPath Technologies Inc
NASDAQ:LPTH
|
$517.55 Million |
|
Zhejiang Semir Garment Co Ltd
SHE:002563
|
$517.45 Million |
|
Deep Yellow Ltd
OTCQX:DYLLF
|
$517.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Entive Smart Kitchen Appliance Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,532,059,983 to 1,407,407,822, a change of -124,652,161 (-8.1%).
- Net income of 26,541,434 contributed positively to equity growth.
- Dividend payments of 107,049,791 reduced retained earnings.
- Share repurchases of 50,003,326 reduced equity.
- Other comprehensive income increased equity by 2,943,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.54 Million | +1.89% |
| Dividends Paid | CN¥107.05 Million | -7.61% |
| Share Repurchases | CN¥50.00 Million | -3.55% |
| Other Comprehensive Income | CN¥2.94 Million | +0.21% |
| Other Changes | CN¥2.92 Million | +0.21% |
| Total Change | CN¥- | -8.14% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Entive Smart Kitchen Appliance 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: 3.78x
- 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 32.99x to 3.78x 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¥1.16 | CN¥38.42 | x |
| 2017-12-31 | CN¥1.75 | CN¥38.42 | x |
| 2018-12-31 | CN¥2.09 | CN¥38.42 | x |
| 2019-12-31 | CN¥2.68 | CN¥38.42 | x |
| 2020-12-31 | CN¥9.62 | CN¥38.42 | x |
| 2021-12-31 | CN¥11.16 | CN¥38.42 | x |
| 2022-12-31 | CN¥12.59 | CN¥38.42 | x |
| 2023-12-31 | CN¥10.99 | CN¥38.42 | x |
| 2024-12-31 | CN¥10.17 | CN¥38.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Entive Smart Kitchen Appliance 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): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.78%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.71x
- Recent ROE (1.89%) is below the historical average (23.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 38.84% | 10.99% | 0.96x | 3.70x | CN¥27.07 Million |
| 2017 | 35.34% | 10.43% | 1.13x | 2.99x | CN¥35.83 Million |
| 2018 | 45.48% | 12.40% | 1.19x | 3.07x | CN¥59.46 Million |
| 2019 | 34.39% | 15.01% | 1.08x | 2.13x | CN¥69.74 Million |
| 2020 | 14.01% | 20.07% | 0.51x | 1.37x | CN¥41.16 Million |
| 2021 | 17.61% | 17.04% | 0.68x | 1.52x | CN¥90.55 Million |
| 2022 | 15.61% | 16.44% | 0.69x | 1.37x | CN¥75.36 Million |
| 2023 | 11.68% | 14.59% | 0.52x | 1.55x | CN¥25.81 Million |
| 2024 | 1.89% | 3.78% | 0.29x | 1.71x | CN¥-114.20 Million |
Industry Comparison
This section compares Zhejiang Entive Smart Kitchen Appliance Co. Ltd.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Entive Smart Kitchen Appliance Co. Ltd. (300911) | CN¥1.23 Billion | 38.84% | 0.74x | $517.90 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |