Zhongjin Irradiation Incorporated Company (300962) - Net Assets
Based on the latest financial reports, Zhongjin Irradiation Incorporated Company (300962) has net assets worth CN¥1.04 Billion CNY (≈ $152.65 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¥1.21 Billion ≈ $176.39 Million USD) and total liabilities (CN¥162.23 Million ≈ $23.74 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. Read Zhongjin Irradiation Incorporated Compan debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 86.54% |
| Annual Growth Rate | 7.62% |
| 5-Year Change | 57.14% |
| 10-Year Change | 99.9% |
| Growth Volatility | 10.33 |
Zhongjin Irradiation Incorporated Company - Net Assets Trend (2013–2024)
This chart illustrates how Zhongjin Irradiation Incorporated Company's net assets have evolved over time, based on quarterly financial data. Also explore 300962 asset base for the complete picture of this company's asset base.
Annual Net Assets for Zhongjin Irradiation Incorporated Company (2013–2024)
The table below shows the annual net assets of Zhongjin Irradiation Incorporated Company from 2013 to 2024. For live valuation and market cap data, see 300962 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥989.15 Million ≈ $144.74 Million |
+4.07% |
| 2023-12-31 | CN¥950.43 Million ≈ $139.08 Million |
+3.63% |
| 2022-12-31 | CN¥917.15 Million ≈ $134.21 Million |
+4.58% |
| 2021-12-31 | CN¥877.00 Million ≈ $128.33 Million |
+39.32% |
| 2020-12-31 | CN¥629.48 Million ≈ $92.11 Million |
+0.48% |
| 2019-12-31 | CN¥626.50 Million ≈ $91.68 Million |
+1.59% |
| 2018-12-31 | CN¥616.69 Million ≈ $90.24 Million |
+12.21% |
| 2017-12-31 | CN¥549.59 Million ≈ $80.42 Million |
+7.46% |
| 2016-12-31 | CN¥511.45 Million ≈ $74.84 Million |
+3.36% |
| 2015-12-31 | CN¥494.83 Million ≈ $72.41 Million |
+6.74% |
| 2014-12-31 | CN¥463.59 Million ≈ $67.84 Million |
+5.10% |
| 2013-12-31 | CN¥441.11 Million ≈ $64.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhongjin Irradiation Incorporated Company'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 163.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥369.05 Million | 38.91% |
| Common Stock | CN¥264.00 Million | 27.83% |
| Other Comprehensive Income | CN¥66.42 Million | 7.00% |
| Other Components | CN¥249.00 Million | 26.25% |
| Total Equity | CN¥948.47 Million | 100.00% |
Zhongjin Irradiation Incorporated Company Competitors by Market Cap
The table below lists competitors of Zhongjin Irradiation Incorporated Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Sunrise Garment Group Co Ltd
SHG:605138
|
$625.99 Million |
|
Aubay Société Anonyme
PA:AUB
|
$626.10 Million |
|
Xiamen Savings Environmental
SHE:300056
|
$626.14 Million |
|
Afcon Holdings Ltd
TA:AFHL
|
$626.16 Million |
|
Dap Gayrimenkul Gelistirme AS
IS:DAPGM
|
$625.58 Million |
|
Shenzhen Asiantime International Construction Co Ltd
SHE:002811
|
$625.51 Million |
|
S.J.S. Enterprises Limited
NSE:SJS
|
$625.50 Million |
|
RaySearch Laboratories AB (publ)
ST:RAY-B
|
$625.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongjin Irradiation Incorporated Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 916,156,614 to 948,468,341, a change of 32,311,727 (3.5%).
- Net income of 108,872,277 contributed positively to equity growth.
- Dividend payments of 69,208,013 reduced retained earnings.
- Other comprehensive income increased equity by 4,235,493.
- Other factors decreased equity by 11,588,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥108.87 Million | +11.48% |
| Dividends Paid | CN¥69.21 Million | -7.3% |
| Other Comprehensive Income | CN¥4.24 Million | +0.45% |
| Other Changes | CN¥-11.59 Million | -1.22% |
| Total Change | CN¥- | 3.53% |
Book Value vs Market Value Analysis
This analysis compares Zhongjin Irradiation Incorporated Company'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: 4.51x
- 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 6.40x to 4.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.53 | CN¥16.20 | x |
| 2014-12-31 | CN¥2.39 | CN¥16.20 | x |
| 2015-12-31 | CN¥2.52 | CN¥16.20 | x |
| 2016-12-31 | CN¥2.61 | CN¥16.20 | x |
| 2017-12-31 | CN¥2.86 | CN¥16.20 | x |
| 2018-12-31 | CN¥3.12 | CN¥16.20 | x |
| 2019-12-31 | CN¥3.02 | CN¥16.20 | x |
| 2020-12-31 | CN¥3.04 | CN¥16.20 | x |
| 2021-12-31 | CN¥3.42 | CN¥16.20 | x |
| 2022-12-31 | CN¥3.36 | CN¥16.20 | x |
| 2023-12-31 | CN¥3.47 | CN¥16.20 | x |
| 2024-12-31 | CN¥3.59 | CN¥16.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongjin Irradiation Incorporated Company 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): 11.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.37%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.21x
- Recent ROE (11.48%) is above the historical average (8.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.33% | 19.96% | 0.19x | 1.65x | CN¥-15.52 Million |
| 2014 | 4.60% | 13.01% | 0.23x | 1.56x | CN¥-23.91 Million |
| 2015 | 6.34% | 15.80% | 0.25x | 1.58x | CN¥-17.28 Million |
| 2016 | 6.47% | 15.15% | 0.28x | 1.54x | CN¥-17.07 Million |
| 2017 | 7.44% | 18.16% | 0.29x | 1.42x | CN¥-13.38 Million |
| 2018 | 8.90% | 21.54% | 0.32x | 1.29x | CN¥-6.49 Million |
| 2019 | 9.74% | 23.02% | 0.33x | 1.27x | CN¥-1.56 Million |
| 2020 | 10.24% | 24.04% | 0.35x | 1.21x | CN¥1.42 Million |
| 2021 | 10.30% | 28.19% | 0.31x | 1.18x | CN¥2.56 Million |
| 2022 | 12.14% | 31.95% | 0.32x | 1.21x | CN¥19.00 Million |
| 2023 | 11.80% | 31.35% | 0.31x | 1.20x | CN¥16.46 Million |
| 2024 | 11.48% | 30.37% | 0.31x | 1.21x | CN¥14.03 Million |
Industry Comparison
This section compares Zhongjin Irradiation Incorporated Company's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongjin Irradiation Incorporated Company (300962) | CN¥1.04 Billion | 6.33% | 0.16x | $625.83 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Zhongjin Irradiation Incorporated Company
Zhongjin Irradiation Incorporated Company provides irradiation technology services in China. It offers irradiation sterilization services for medical and health care products, food, medicines, daily necessities, packaging materials, and other products; irradiation modification services for polymer materials; scientific and sterilization technology solutions; and disinfection and sterilization ser… Read more