Ningbo Zhenyu Technology Co. Ltd. (300953) - Net Assets
Based on the latest financial reports, Ningbo Zhenyu Technology Co. Ltd. (300953) has net assets worth CN¥4.28 Billion CNY (≈ $626.42 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¥12.03 Billion ≈ $1.76 Billion USD) and total liabilities (CN¥7.75 Billion ≈ $1.13 Billion 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 300953 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.28 Billion |
| % of Total Assets | 35.57% |
| Annual Growth Rate | 30.72% |
| 5-Year Change | 308.22% |
| 10-Year Change | 1555.23% |
| Growth Volatility | 28.46 |
Ningbo Zhenyu Technology Co. Ltd. - Net Assets Trend (2012–2024)
This chart illustrates how Ningbo Zhenyu Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 300953 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Ningbo Zhenyu Technology Co. Ltd. (2012–2024)
The table below shows the annual net assets of Ningbo Zhenyu Technology Co. Ltd. from 2012 to 2024. For live valuation and market cap data, see Ningbo Zhenyu Technology Co. Ltd. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.99 Billion ≈ $438.01 Million |
+13.65% |
| 2023-12-31 | CN¥2.63 Billion ≈ $385.39 Million |
+10.19% |
| 2022-12-31 | CN¥2.39 Billion ≈ $349.74 Million |
+60.70% |
| 2021-12-31 | CN¥1.49 Billion ≈ $217.64 Million |
+102.84% |
| 2020-12-31 | CN¥733.25 Million ≈ $107.30 Million |
+21.60% |
| 2019-12-31 | CN¥602.99 Million ≈ $88.24 Million |
+58.46% |
| 2018-12-31 | CN¥380.53 Million ≈ $55.68 Million |
+17.23% |
| 2017-12-31 | CN¥324.59 Million ≈ $47.50 Million |
+59.55% |
| 2016-12-31 | CN¥203.44 Million ≈ $29.77 Million |
+12.50% |
| 2015-12-31 | CN¥180.84 Million ≈ $26.46 Million |
+11.60% |
| 2014-12-31 | CN¥162.04 Million ≈ $23.71 Million |
+16.50% |
| 2013-12-31 | CN¥139.09 Million ≈ $20.35 Million |
+15.66% |
| 2012-12-31 | CN¥120.25 Million ≈ $17.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Zhenyu Technology 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 17947.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥820.68 Million | 27.42% |
| Common Stock | CN¥107.47 Million | 3.59% |
| Other Comprehensive Income | CN¥273.58 Million | 9.14% |
| Other Components | CN¥1.79 Billion | 59.85% |
| Total Equity | CN¥2.99 Billion | 100.00% |
Ningbo Zhenyu Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Ningbo Zhenyu Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Mipo Dockyard
KO:010620
|
$6.03 Billion |
|
United Integrated Services Co Ltd
TW:2404
|
$6.03 Billion |
|
Amdocs Limited
F:AOS
|
$6.03 Billion |
|
The Hanover Insurance Group Inc
NYSE:THG
|
$6.04 Billion |
|
Asymchem Laboratories Tian Jin Co Ltd
SHE:002821
|
$6.02 Billion |
|
Bank Millennium S.A.
WAR:MIL
|
$6.02 Billion |
|
The People's Insurance Company (Group) of China Limited
F:PIR
|
$6.02 Billion |
|
Hyundai Construction Equipment Co Ltd
KO:267270
|
$6.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Zhenyu Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,633,710,856 to 2,993,279,812, a change of 359,568,956 (13.7%).
- Net income of 253,949,108 contributed positively to equity growth.
- Dividend payments of 148,287,978 reduced retained earnings.
- Share repurchases of 119,542,669 reduced equity.
- Other comprehensive income decreased equity by 34,041,120.
- Other factors increased equity by 407,491,615.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥253.95 Million | +8.48% |
| Dividends Paid | CN¥148.29 Million | -4.95% |
| Share Repurchases | CN¥119.54 Million | -3.99% |
| Other Comprehensive Income | CN¥-34.04 Million | -1.14% |
| Other Changes | CN¥407.49 Million | +13.61% |
| Total Change | CN¥- | 13.65% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Zhenyu Technology 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: 11.06x
- 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 98.16x to 11.06x 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¥2.42 | CN¥237.25 | x |
| 2013-12-31 | CN¥2.80 | CN¥237.25 | x |
| 2014-12-31 | CN¥3.25 | CN¥237.25 | x |
| 2015-12-31 | CN¥3.65 | CN¥237.25 | x |
| 2016-12-31 | CN¥4.09 | CN¥237.25 | x |
| 2017-12-31 | CN¥6.17 | CN¥237.25 | x |
| 2018-12-31 | CN¥6.48 | CN¥237.25 | x |
| 2019-12-31 | CN¥8.68 | CN¥237.25 | x |
| 2020-12-31 | CN¥10.65 | CN¥237.25 | x |
| 2021-12-31 | CN¥15.98 | CN¥237.25 | x |
| 2022-12-31 | CN¥25.14 | CN¥237.25 | x |
| 2023-12-31 | CN¥17.86 | CN¥237.25 | x |
| 2024-12-31 | CN¥21.45 | CN¥237.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Zhenyu Technology 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): 8.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.56%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.82x
- Recent ROE (8.48%) is below the historical average (12.49%), 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 | 26.48% | 23.47% | 0.60x | 1.88x | CN¥19.82 Million |
| 2013 | 20.73% | 19.68% | 0.58x | 1.82x | CN¥14.93 Million |
| 2014 | 14.17% | 15.62% | 0.43x | 2.10x | CN¥6.75 Million |
| 2015 | 13.16% | 12.71% | 0.48x | 2.14x | CN¥5.71 Million |
| 2016 | 11.01% | 9.99% | 0.46x | 2.41x | CN¥2.05 Million |
| 2017 | 5.84% | 6.21% | 0.47x | 1.99x | CN¥-13.51 Million |
| 2018 | 14.50% | 9.24% | 0.69x | 2.26x | CN¥17.11 Million |
| 2019 | 12.85% | 10.33% | 0.62x | 2.01x | CN¥17.16 Million |
| 2020 | 17.77% | 10.92% | 0.62x | 2.60x | CN¥56.94 Million |
| 2021 | 11.44% | 5.61% | 0.72x | 2.83x | CN¥21.47 Million |
| 2022 | 4.34% | 1.80% | 0.74x | 3.27x | CN¥-135.37 Million |
| 2023 | 1.62% | 0.71% | 0.55x | 4.15x | CN¥-220.60 Million |
| 2024 | 8.48% | 3.56% | 0.62x | 3.82x | CN¥-45.38 Million |
Industry Comparison
This section compares Ningbo Zhenyu Technology Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,198,385,103
- Average return on equity (ROE) among peers: 1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Zhenyu Technology Co. Ltd. (300953) | CN¥4.28 Billion | 26.48% | 1.81x | $6.02 Billion |
| China International Marine Containers Group Ltd (000039) | $516.18 Million | 18.11% | 1.41x | $4.32 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $255.45 Million | 1.25% | 0.47x | $387.15 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.19 Billion | 4.29% | 0.71x | $433.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $3.64 Billion | 8.56% | 0.60x | $1.25 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $2.93 Billion | 6.91% | 0.38x | $1.69 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.45 Billion | 7.95% | 0.71x | $2.01 Billion |
| Dajin Heavy Industry Corp (002487) | $1.41 Billion | 6.93% | 0.08x | $7.74 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $633.35 Million | -61.44% | 1.31x | $307.66 Million |
| Guangzheng Group Co Ltd (002524) | $341.38 Million | 10.82% | 4.36x | $338.59 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $9.61 Billion | 8.03% | 1.63x | $2.04 Billion |
About Ningbo Zhenyu Technology Co. Ltd.
Ningbo Zhenyu Technology Co., Ltd. engages in the research and development, design, production, and sale of precision progressive stamping dies and downstream precision structural parts in China and internationally. The company offers motor cores and power lithium battery precision structural parts. Its products are used in household appliances, new energy lithium batteries, automobiles, industri… Read more