Zhejiang Xinchai Co. Ltd. (301032) - Net Assets
Based on the latest financial reports, Zhejiang Xinchai Co. Ltd. (301032) has net assets worth CN¥1.28 Billion CNY (≈ $187.32 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¥2.97 Billion ≈ $434.88 Million USD) and total liabilities (CN¥1.69 Billion ≈ $247.55 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. Also explore 301032 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.28 Billion |
| % of Total Assets | 43.08% |
| Annual Growth Rate | 11.36% |
| 5-Year Change | 17.37% |
| 10-Year Change | N/A |
| Growth Volatility | 14.2 |
Zhejiang Xinchai Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how Zhejiang Xinchai Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Check Zhejiang Xinchai Co. Ltd. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Zhejiang Xinchai Co. Ltd. (2019–2025)
The table below shows the annual net assets of Zhejiang Xinchai Co. Ltd. from 2019 to 2025. For live valuation and market cap data, see 301032 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.26 Billion ≈ $184.39 Million |
+7.32% |
| 2024-12-31 | CN¥1.17 Billion ≈ $171.80 Million |
+6.28% |
| 2023-12-31 | CN¥1.10 Billion ≈ $161.64 Million |
+2.35% |
| 2022-12-31 | CN¥1.08 Billion ≈ $157.93 Million |
+0.53% |
| 2021-12-31 | CN¥1.07 Billion ≈ $157.10 Million |
+42.43% |
| 2020-12-31 | CN¥753.79 Million ≈ $110.30 Million |
+14.12% |
| 2019-12-31 | CN¥660.50 Million ≈ $96.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Xinchai 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 311.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥412.30 Million | 32.88% |
| Other Components | CN¥841.77 Million | 67.12% |
| Total Equity | CN¥1.25 Billion | 100.00% |
Zhejiang Xinchai Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Xinchai Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EDREAMS ODIGEO UNS.ADR/10
F:K0I
|
$348.18 Million |
|
ON24 Inc
NYSE:ONTF
|
$348.25 Million |
|
Semler Scientific Inc
NASDAQ:SMLR
|
$348.27 Million |
|
CMC Magnetics Corp
TW:2323
|
$348.35 Million |
|
Consorcio ARA S. A. B. de C. V.
MX:ARA
|
$347.87 Million |
|
Chengdu Huasun Group Inc Ltd
SHE:000790
|
$347.74 Million |
|
Caledonia Mining Corporation Plc
F:9CD1
|
$347.72 Million |
|
Malaysian Resources Corporation
KLSE:1651
|
$347.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Xinchai Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,171,075,251 to 1,254,068,370, a change of 82,993,119 (7.1%).
- Net income of 107,288,913 contributed positively to equity growth.
- Dividend payments of 26,088,666 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥107.29 Million | +8.56% |
| Dividends Paid | CN¥26.09 Million | -2.08% |
| Other Changes | CN¥1.79 Million | +0.14% |
| Total Change | CN¥- | 7.09% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Xinchai 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: 1.90x
- 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 2.70x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.65 | CN¥9.86 | x |
| 2020-12-31 | CN¥4.17 | CN¥9.86 | x |
| 2021-12-31 | CN¥4.45 | CN¥9.86 | x |
| 2022-12-31 | CN¥4.45 | CN¥9.86 | x |
| 2023-12-31 | CN¥4.56 | CN¥9.86 | x |
| 2024-12-31 | CN¥4.86 | CN¥9.86 | x |
| 2025-12-31 | CN¥5.20 | CN¥9.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Xinchai 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): 8.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.60%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.27x
- Recent ROE (8.56%) is above the historical average (6.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.18% | 2.86% | 0.96x | 2.98x | CN¥-12.03 Million |
| 2020 | 12.43% | 3.81% | 0.96x | 3.41x | CN¥18.31 Million |
| 2021 | 7.42% | 3.21% | 1.00x | 2.32x | CN¥-27.75 Million |
| 2022 | 2.07% | 1.06% | 0.87x | 2.24x | CN¥-85.02 Million |
| 2023 | 2.91% | 1.38% | 0.87x | 2.41x | CN¥-77.95 Million |
| 2024 | 6.75% | 3.50% | 0.87x | 2.23x | CN¥-38.00 Million |
| 2025 | 8.56% | 4.60% | 0.82x | 2.27x | CN¥-18.12 Million |
Industry Comparison
This section compares Zhejiang Xinchai 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: $1,309,839,773
- Average return on equity (ROE) among peers: 1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Xinchai Co. Ltd. (301032) | CN¥1.28 Billion | 8.18% | 1.32x | $347.91 Million |
| Huayi Compressor Co Ltd (000404) | $889.33 Million | 2.15% | 3.04x | $802.55 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.39 Billion | 1.53% | 5.73x | $1.94 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $364.47 Million | 2.71% | 0.41x | $2.92 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.19 Billion | 3.46% | 1.39x | $442.01 Million |
| Changchai Co Ltd (000570) | $293.98 Million | 13.18% | 1.15x | $410.64 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.88 Billion | 6.73% | 0.86x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $559.29 Million | -28.99% | 0.99x | $993.06 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.54 Billion | 6.78% | 0.60x | $1.03 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $658.99 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $637.23 Million | 7.17% | 0.71x | $1.47 Billion |
About Zhejiang Xinchai Co. Ltd.
Zhejiang Xinchai Co.,Ltd engages in the research, development, production, and sales of diesel engines and related components in China. The company offers forklift engines, construction machinery, agricultural engines, gensets engines, generator sets, and diesel engine. It also exports its products to Southeast Asia, the Middle East, European Countries, the United States, Africa, and internationa… Read more