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. See 300985 net asset quality index to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see Changchun Zhiyuan New Energy Equipment C (300985) total market value.
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. Also explore Changchun Zhiyuan New Energy Equipment C net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Helia Group Ltd
AU:HLI
|
$1.05 Billion |
|
Telia Lietuva AB
F:ZWS
|
$1.05 Billion |
|
ARIZONA SONORAN COPPER
F:H6F
|
$1.05 Billion |
|
AFCONS INFRASTRUCTURE LTD
NSE:AFCONS
|
$1.05 Billion |
|
TravelSky Technology Limited
F:TVL
|
$1.05 Billion |
|
Prosegur Cash S.A
MC:CASH
|
$1.05 Billion |
|
Ho Chi Minh City Securities Corp
VN:HCM
|
$1.05 Billion |
|
AMC Entertainment Holdings Inc
NYSE:AMC
|
$1.05 Billion |
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: 8.20x
- 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 83.55x to 8.20x 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¥38.35 | x |
| 2018-12-31 | CN¥1.02 | CN¥38.35 | x |
| 2019-12-31 | CN¥1.65 | CN¥38.35 | x |
| 2020-12-31 | CN¥3.26 | CN¥38.35 | x |
| 2021-12-31 | CN¥7.42 | CN¥38.35 | x |
| 2022-12-31 | CN¥6.34 | CN¥38.35 | x |
| 2023-12-31 | CN¥6.57 | CN¥38.35 | x |
| 2024-12-31 | CN¥5.22 | CN¥38.35 | x |
| 2025-12-31 | CN¥4.68 | CN¥38.35 | 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: $1,813,144,185
- Average return on equity (ROE) among peers: 13.79%
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 | $1.05 Billion |
| China International Marine Containers Group Ltd (000039) | $170.85 Million | 39.69% | 2.37x | $3.08 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $162.10 Million | 3.02% | 5.45x | $289.66 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $837.82 Million | 0.67% | 0.46x | $367.83 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $3.78 Billion | 4.99% | 0.59x | $926.06 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.63 Billion | 8.60% | 0.48x | $1.36 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $4.58 Billion | 8.45% | 1.44x | $1.30 Billion |
| Dajin Heavy Industry Corp (002487) | $2.41 Billion | 19.29% | 0.93x | $3.70 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $106.90 Million | 29.85% | 0.58x | $271.84 Million |
| Guangzheng Group Co Ltd (002524) | $1.18 Billion | -6.36% | 1.27x | $297.11 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $274.02 Million | 29.66% | 5.56x | $1.88 Billion |
About Changchun Zhiyuan New Energy Equipment Co. Ltd
Changchun Zhiyuan New Energy Equipment Co., Ltd, together with its subsidiaries, engages in the research, development, production, and sales of products such as onboard LNG (liquified natural gas) gas supply systems, LNG-powered ship fuel systems, and cryogenic storage tanks in China and internationally. The company also provides processing and sales of graphitized lithium-ion battery anode mater… Read more