Zhejiang Taifu Pump Co. Ltd
Zhejiang Taifu Pump Co., Ltd engages in the research and development, production, and sales of various pumps in China and internationally. The company's products include AC/DC water filled motor solar, AC/DC high speed pump 4GS, AC/DC surface, circulating, boiler, deep well, domestic, submersible pumps, washing machine, and spare parts, as well as professional and economical DC solar pump submers… Read more
Zhejiang Taifu Pump Co. Ltd (300992) - Net Assets
Latest net assets as of September 2025: CN¥902.55 Million CNY
Based on the latest financial reports, Zhejiang Taifu Pump Co. Ltd (300992) has net assets worth CN¥902.55 Million 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¥1.78 Billion) and total liabilities (CN¥878.16 Million). 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¥902.55 Million |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 17.94% |
| 5-Year Change | 96.74% |
| 10-Year Change | N/A |
| Growth Volatility | 14.75 |
Zhejiang Taifu Pump Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Zhejiang Taifu Pump 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 Zhejiang Taifu Pump Co. Ltd (2017–2024)
The table below shows the annual net assets of Zhejiang Taifu Pump Co. Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥880.36 Million | +5.07% |
| 2023-12-31 | CN¥837.85 Million | +5.87% |
| 2022-12-31 | CN¥791.38 Million | +16.44% |
| 2021-12-31 | CN¥679.64 Million | +51.88% |
| 2020-12-31 | CN¥447.48 Million | +18.34% |
| 2019-12-31 | CN¥378.12 Million | +22.32% |
| 2018-12-31 | CN¥309.11 Million | +11.43% |
| 2017-12-31 | CN¥277.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Taifu Pump 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 425.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥370.97 Million | 42.11% |
| Common Stock | CN¥95.87 Million | 10.88% |
| Other Comprehensive Income | CN¥89.80 Million | 10.19% |
| Other Components | CN¥324.34 Million | 36.82% |
| Total Equity | CN¥880.98 Million | 100.00% |
Zhejiang Taifu Pump Co. Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Taifu Pump Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baoding Dongli Machinery Co.Ltd.
SHE:301298
|
$167.94 Million |
|
PT Bangun Kosambi Sukses Tbk
JK:CBDK
|
$167.95 Million |
|
Arcturus Therapeutics Holdings Inc
NASDAQ:ARCT
|
$167.95 Million |
|
Savior Lifetec
TWO:4167
|
$167.97 Million |
|
Ressources Minieres Radisson Inc
V:RDS
|
$167.82 Million |
|
Winstech Precision Hldg Co
SHE:001319
|
$167.74 Million |
|
Savencia S.A.
LSE:0DTK
|
$167.69 Million |
|
Tcc Steel
KO:002710
|
$167.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Taifu Pump Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 837,978,986 to 880,977,423, a change of 42,998,437 (5.1%).
- Net income of 12,654,948 contributed positively to equity growth.
- Dividend payments of 14,009,226 reduced retained earnings.
- Share repurchases of 60,732,613 reduced equity.
- Other comprehensive income decreased equity by 10,457,885.
- Other factors increased equity by 115,543,213.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.65 Million | +1.44% |
| Dividends Paid | CN¥14.01 Million | -1.59% |
| Share Repurchases | CN¥60.73 Million | -6.89% |
| Other Comprehensive Income | CN¥-10.46 Million | -1.19% |
| Other Changes | CN¥115.54 Million | +13.12% |
| Total Change | CN¥- | 5.13% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Taifu Pump 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: 2.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.37x to 2.99x 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¥4.75 | CN¥30.25 | x |
| 2018-12-31 | CN¥4.52 | CN¥30.25 | x |
| 2019-12-31 | CN¥4.16 | CN¥30.25 | x |
| 2020-12-31 | CN¥4.93 | CN¥30.25 | x |
| 2021-12-31 | CN¥7.49 | CN¥30.25 | x |
| 2022-12-31 | CN¥8.72 | CN¥30.25 | x |
| 2023-12-31 | CN¥8.46 | CN¥30.25 | x |
| 2024-12-31 | CN¥10.13 | CN¥30.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Taifu Pump 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): 1.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.70%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.96x
- Recent ROE (1.44%) is below the historical average (11.58%), 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 | 21.89% | 20.15% | 0.84x | 1.29x | CN¥32.99 Million |
| 2018 | 12.38% | 13.01% | 0.78x | 1.22x | CN¥7.34 Million |
| 2019 | 18.22% | 17.83% | 0.84x | 1.22x | CN¥31.07 Million |
| 2020 | 15.60% | 16.48% | 0.71x | 1.33x | CN¥25.07 Million |
| 2021 | 8.99% | 10.89% | 0.66x | 1.26x | CN¥-6.84 Million |
| 2022 | 7.73% | 11.05% | 0.41x | 1.69x | CN¥-17.95 Million |
| 2023 | 6.38% | 7.49% | 0.44x | 1.92x | CN¥-30.29 Million |
| 2024 | 1.44% | 1.70% | 0.43x | 1.96x | CN¥-75.44 Million |
Industry Comparison
This section compares Zhejiang Taifu Pump Co. Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Taifu Pump Co. Ltd (300992) | CN¥902.55 Million | 21.89% | 0.97x | $167.92 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |