Changchun Zhiyuan New Energy Equipment Co. Ltd
Changchun Zhiyuan New Energy Equipment Co., Ltd, together with its subsidiaries, engages in the research and development, production, and sale of vehicle-mounted liquefied natural gas (LNG) gas supply systems and marine LNG fuel gas supply systems in China and internationally. The company provides vehicle-mounted LNG gas, marine gas, and LNG barge bunkering systems; cryogenic storage tanks; welde… Read more
Changchun Zhiyuan New Energy Equipment Co. Ltd (300985) - Net Assets
Latest net assets as of September 2025: CN¥1.02 Billion CNY
Based on the latest financial reports, Changchun Zhiyuan New Energy Equipment Co. Ltd (300985) has net assets worth CN¥1.02 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¥2.52 Billion) and total liabilities (CN¥1.50 Billion). 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¥1.02 Billion |
| % of Total Assets | 40.35% |
| Annual Growth Rate | 41.63% |
| 5-Year Change | 97.76% |
| 10-Year Change | N/A |
| Growth Volatility | 70.36 |
Changchun Zhiyuan New Energy Equipment Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Changchun Zhiyuan New Energy Equipment 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 Changchun Zhiyuan New Energy Equipment Co. Ltd (2017–2024)
The table below shows the annual net assets of Changchun Zhiyuan New Energy Equipment Co. Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥979.65 Million | -21.05% |
| 2023-12-31 | CN¥1.24 Billion | +4.92% |
| 2022-12-31 | CN¥1.18 Billion | -7.99% |
| 2021-12-31 | CN¥1.29 Billion | +159.48% |
| 2020-12-31 | CN¥495.38 Million | +90.38% |
| 2019-12-31 | CN¥260.21 Million | +21.26% |
| 2018-12-31 | CN¥214.60 Million | +150.45% |
| 2017-12-31 | CN¥85.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changchun Zhiyuan New Energy Equipment 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 decreased by 594.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥186.51 Million | 19.19% |
| Other Comprehensive Income | CN¥51.15 Million | 5.26% |
| Other Components | CN¥745.81 Million | 76.76% |
| Total Equity | CN¥971.67 Million | 100.00% |
Changchun Zhiyuan New Energy Equipment Co. Ltd Competitors by Market Cap
The table below lists competitors of Changchun Zhiyuan New Energy Equipment Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SOLSTAD OFFSHORE NK 1
F:SZL
|
$164.04 Million |
|
Zhejiang Xinguang Pharmaceutical Co Ltd
SHE:300519
|
$164.05 Million |
|
Playtika Holding Corp
NASDAQ:PLTK
|
$164.18 Million |
|
Tien Phong Securities Corp
VN:ORS
|
$164.20 Million |
|
Orogen Royalties Inc
PINK:OGNRF
|
$164.01 Million |
|
Smart Eye AB
ST:SEYE
|
$163.94 Million |
|
Shih Wei Navigation Co Ltd
TW:5608
|
$163.93 Million |
|
Yem Chio Co Ltd
TW:4306
|
$163.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changchun Zhiyuan New Energy Equipment Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,232,611,648 to 971,673,507, a change of -260,938,141 (-21.2%).
- Net loss of 191,909,706 reduced equity.
- Dividend payments of 88,088,833 reduced retained earnings.
- Share repurchases of 15,443,412 reduced equity.
- Other comprehensive income increased equity by 51,148,246.
- Other factors decreased equity by 16,644,436.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-191.91 Million | -19.75% |
| Dividends Paid | CN¥88.09 Million | -9.07% |
| Share Repurchases | CN¥15.44 Million | -1.59% |
| Other Comprehensive Income | CN¥51.15 Million | +5.26% |
| Other Changes | CN¥-16.64 Million | -1.71% |
| Total Change | CN¥- | -21.17% |
Book Value vs Market Value Analysis
This analysis compares Changchun Zhiyuan New Energy Equipment 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: 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 51.22x 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 |
|---|---|---|---|
| 2017-12-31 | CN¥0.46 | CN¥23.51 | x |
| 2018-12-31 | CN¥1.02 | CN¥23.51 | x |
| 2019-12-31 | CN¥1.73 | CN¥23.51 | x |
| 2020-12-31 | CN¥3.43 | CN¥23.51 | x |
| 2021-12-31 | CN¥9.40 | CN¥23.51 | x |
| 2022-12-31 | CN¥8.81 | CN¥23.51 | x |
| 2023-12-31 | CN¥9.24 | CN¥23.51 | x |
| 2024-12-31 | CN¥5.22 | CN¥23.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changchun Zhiyuan New Energy Equipment 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): -19.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.66%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.29x
- Recent ROE (-19.75%) is below the historical average (17.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 33.65% | 11.47% | 1.03x | 2.85x | CN¥20.27 Million |
| 2018 | 22.94% | 10.61% | 0.66x | 3.27x | CN¥24.60 Million |
| 2019 | 52.40% | 15.14% | 1.13x | 3.05x | CN¥97.72 Million |
| 2020 | 49.25% | 17.06% | 1.32x | 2.18x | CN¥179.39 Million |
| 2021 | 1.54% | 4.91% | 0.27x | 1.17x | CN¥-106.06 Million |
| 2022 | -4.39% | -31.09% | 0.10x | 1.37x | CN¥-168.99 Million |
| 2023 | 4.56% | 3.17% | 0.70x | 2.06x | CN¥-67.02 Million |
| 2024 | -19.75% | -16.66% | 0.52x | 2.29x | CN¥-289.08 Million |
Industry Comparison
This section compares Changchun Zhiyuan New Energy Equipment Co. Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,558,798,492
- Average return on equity (ROE) among peers: -38.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changchun Zhiyuan New Energy Equipment Co. Ltd (300985) | CN¥1.02 Billion | 33.65% | 1.48x | $164.01 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $200.94 Million | 5.81% | 1.60x | $277.29 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $404.00 Million | 18.26% | 0.78x | $178.45 Million |
| Winstech Precision Hldg Co (001319) | $1.25 Billion | 8.12% | 0.30x | $170.66 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $837.82 Million | 0.67% | 0.46x | $375.34 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.19 Billion | 7.18% | 0.09x | $470.28 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $388.40 Million | 25.00% | 0.57x | $728.01 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $7.46 Billion | -10.76% | 1.40x | $1.77 Billion |
| Dajin Heavy Industry Corp (002487) | $1.64 Billion | 5.64% | 0.47x | $3.68 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $177.70 Million | -431.77% | 9.56x | $293.65 Million |
| Guangzheng Group Co Ltd (002524) | $1.04 Billion | -8.45% | 0.96x | $231.22 Million |