Changchun Zhiyuan New Energy Equipment Co. Ltd (300985) - Net Assets
Based on the latest financial reports, Changchun Zhiyuan New Energy Equipment Co. Ltd (300985) has net assets worth CN¥891.41 Million CNY (≈ $130.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.60 Billion ≈ $380.67 Million USD) and total liabilities (CN¥1.71 Billion ≈ $250.23 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 Changchun Zhiyuan New Energy Equipment C tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥891.41 Million |
| % of Total Assets | 34.27% |
| Annual Growth Rate | 33.8% |
| 5-Year Change | -31.53% |
| 10-Year Change | N/A |
| Growth Volatility | 69.44 |
Changchun Zhiyuan New Energy Equipment Co. Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Changchun Zhiyuan New Energy Equipment Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 300985 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Changchun Zhiyuan New Energy Equipment Co. Ltd (2017–2025)
The table below shows the annual net assets of Changchun Zhiyuan New Energy Equipment Co. Ltd from 2017 to 2025. For live valuation and market cap data, see how much is Changchun Zhiyuan New Energy Equipment C worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥880.19 Million ≈ $128.80 Million |
-10.15% |
| 2024-12-31 | CN¥979.65 Million ≈ $143.35 Million |
-21.05% |
| 2023-12-31 | CN¥1.24 Billion ≈ $181.57 Million |
+4.92% |
| 2022-12-31 | CN¥1.18 Billion ≈ $173.07 Million |
-7.99% |
| 2021-12-31 | CN¥1.29 Billion ≈ $188.10 Million |
+159.48% |
| 2020-12-31 | CN¥495.38 Million ≈ $72.49 Million |
+90.38% |
| 2019-12-31 | CN¥260.21 Million ≈ $38.08 Million |
+21.26% |
| 2018-12-31 | CN¥214.60 Million ≈ $31.40 Million |
+150.45% |
| 2017-12-31 | CN¥85.69 Million ≈ $12.54 Million |
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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 2391.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥927.35 Million | 106.26% |
| Total Equity | CN¥872.71 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 |
|---|---|
|
BP PLC
LSE:BP
|
$916.43 Million |
|
Shanghai Baolong Automotive Corp
SHG:603197
|
$916.69 Million |
|
Northeast Pharmaceutical Group Co Ltd
SHE:000597
|
$916.75 Million |
|
Kayne Anderson BDC, Inc.
NYSE:KBDC
|
$916.96 Million |
|
Colorlight Cloud Tech Ltd. A
SHE:301391
|
$915.56 Million |
|
Giant Manufacturing Co Ltd
TW:9921
|
$915.30 Million |
|
Nanjing Vazyme Biotech Co Ltd
SHG:688105
|
$914.92 Million |
|
Haesung DS Co Ltd
KO:195870
|
$914.74 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 2024 to 2025, total equity changed from 971,673,507 to 872,714,128, a change of -98,959,379 (-10.2%).
- Net loss of 42,837,838 reduced equity.
- Dividend payments of 32,514,023 reduced retained earnings.
- Other comprehensive income decreased equity by 51,148,246.
- Other factors increased equity by 27,540,728.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-42.84 Million | -4.91% |
| Dividends Paid | CN¥32.51 Million | -3.73% |
| Other Comprehensive Income | CN¥-51.15 Million | -5.86% |
| Other Changes | CN¥27.54 Million | +3.16% |
| Total Change | CN¥- | -10.18% |
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: 7.17x
- 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 73.09x to 7.17x 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¥33.55 | x |
| 2018-12-31 | CN¥1.02 | CN¥33.55 | x |
| 2019-12-31 | CN¥1.65 | CN¥33.55 | x |
| 2020-12-31 | CN¥3.26 | CN¥33.55 | x |
| 2021-12-31 | CN¥7.42 | CN¥33.55 | x |
| 2022-12-31 | CN¥6.34 | CN¥33.55 | x |
| 2023-12-31 | CN¥6.57 | CN¥33.55 | x |
| 2024-12-31 | CN¥5.22 | CN¥33.55 | x |
| 2025-12-31 | CN¥4.68 | CN¥33.55 | 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): -4.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.52%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.90x
- Recent ROE (-4.91%) is below the historical average (11.29%), 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 | 0.00% | 0.00% | 1.03x | 2.85x | CN¥-8.57 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 |
| 2025 | -4.91% | -2.52% | 0.67x | 2.90x | CN¥-130.11 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: $2,140,354,806
- Average return on equity (ROE) among peers: 7.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changchun Zhiyuan New Energy Equipment Co. Ltd (300985) | CN¥891.41 Million | 0.00% | 1.92x | $915.67 Million |
| China International Marine Containers Group Ltd (000039) | $1.06 Billion | 17.08% | 1.84x | $2.99 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $178.38 Million | -3.56% | 5.25x | $291.35 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.05 Billion | 0.60% | 0.19x | $355.36 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.18 Billion | 6.94% | 0.10x | $895.57 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.90 Billion | 6.32% | 0.24x | $1.53 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $8.34 Billion | 5.15% | 0.95x | $2.06 Billion |
| Dajin Heavy Industry Corp (002487) | $1.64 Billion | 5.64% | 0.47x | $5.44 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $503.58 Million | 7.56% | 0.10x | $305.55 Million |
| Guangzheng Group Co Ltd (002524) | $113.11 Million | 19.77% | 0.74x | $256.39 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $4.42 Billion | 9.41% | 1.36x | $1.68 Billion |
About 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