Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (301040) - Net Assets
Based on the latest financial reports, Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (301040) has net assets worth CN¥843.20 Million CNY (≈ $123.39 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.58 Billion ≈ $230.98 Million USD) and total liabilities (CN¥735.24 Million ≈ $107.59 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 Zhangjiagang Zhonghuan Hailu High-End Eq asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥843.20 Million |
| % of Total Assets | 53.42% |
| Annual Growth Rate | 13.02% |
| 5-Year Change | 44.22% |
| 10-Year Change | N/A |
| Growth Volatility | 25.31 |
Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Zhangjiagang Zhonghuan Hailu High-End Eq balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (2019–2024)
The table below shows the annual net assets of Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see Zhangjiagang Zhonghuan Hailu High-End Eq market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥885.69 Million ≈ $129.60 Million |
-14.78% |
| 2023-12-31 | CN¥1.04 Billion ≈ $152.08 Million |
-3.36% |
| 2022-12-31 | CN¥1.08 Billion ≈ $157.37 Million |
+11.23% |
| 2021-12-31 | CN¥966.88 Million ≈ $141.48 Million |
+57.44% |
| 2020-12-31 | CN¥614.12 Million ≈ $89.87 Million |
+27.88% |
| 2019-12-31 | CN¥480.22 Million ≈ $70.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhangjiagang Zhonghuan Hailu High-End 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 grown by 9.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥136.74 Million | 15.44% |
| Other Components | CN¥748.95 Million | 84.56% |
| Total Equity | CN¥885.69 Million | 100.00% |
Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argosy Research
TWO:3217
|
$472.66 Million |
|
San Fu Chemical Co Ltd
TW:4755
|
$472.75 Million |
|
Lionco Pharm Grp Co Ltd
SHG:603669
|
$472.82 Million |
|
Nexity
PA:NXI
|
$472.87 Million |
|
Aberdeen Standard Global Infrastructure Income Fund
NYSE:ASGI
|
$472.62 Million |
|
Lanpec Technologies Ltd
SHG:601798
|
$472.61 Million |
|
Sikarin Public Company Limited
BK:SKR
|
$472.51 Million |
|
Shanghai Model Organisms Center Inc
SHG:688265
|
$472.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,039,265,602 to 885,686,560, a change of -153,579,042 (-14.8%).
- Net loss of 153,590,983 reduced equity.
- Dividend payments of 2,159,905 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-153.59 Million | -17.34% |
| Dividends Paid | CN¥2.16 Million | -0.24% |
| Other Changes | CN¥2.17 Million | +0.25% |
| Total Change | CN¥- | -14.78% |
Book Value vs Market Value Analysis
This analysis compares Zhangjiagang Zhonghuan Hailu High-End 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: 3.65x
- 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 5.04x to 3.65x 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¥6.40 | CN¥32.30 | x |
| 2020-12-31 | CN¥8.19 | CN¥32.30 | x |
| 2021-12-31 | CN¥9.67 | CN¥32.30 | x |
| 2022-12-31 | CN¥10.75 | CN¥32.30 | x |
| 2023-12-31 | CN¥10.39 | CN¥32.30 | x |
| 2024-12-31 | CN¥8.86 | CN¥32.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhangjiagang Zhonghuan Hailu High-End 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): -17.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.54%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.76x
- Recent ROE (-17.34%) is below the historical average (4.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.18% | 9.11% | 1.02x | 1.64x | CN¥24.85 Million |
| 2020 | 21.80% | 12.20% | 1.06x | 1.69x | CN¥72.49 Million |
| 2021 | 7.49% | 6.77% | 0.75x | 1.48x | CN¥-24.30 Million |
| 2022 | 3.69% | 3.81% | 0.54x | 1.79x | CN¥-67.86 Million |
| 2023 | -3.10% | -5.15% | 0.37x | 1.62x | CN¥-136.12 Million |
| 2024 | -17.34% | -26.54% | 0.37x | 1.76x | CN¥-242.16 Million |
Industry Comparison
This section compares Zhangjiagang Zhonghuan Hailu High-End 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: $1,775,582,049
- Average return on equity (ROE) among peers: 9.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (301040) | CN¥843.20 Million | 15.18% | 0.87x | $472.66 Million |
| China International Marine Containers Group Ltd (000039) | $117.09 Million | 38.10% | 0.98x | $4.17 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $226.97 Million | 1.05% | 0.40x | $384.89 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $832.24 Million | 2.58% | 0.83x | $411.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.72 Billion | 3.51% | 0.48x | $1.17 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.81 Billion | 5.91% | 0.16x | $1.60 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $7.46 Billion | -10.76% | 1.40x | $1.85 Billion |
| Dajin Heavy Industry Corp (002487) | $1.55 Billion | 3.04% | 0.28x | $7.84 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $1.03 Billion | 6.46% | 0.73x | $358.24 Million |
| Guangzheng Group Co Ltd (002524) | $38.92 Million | 30.50% | 1.33x | $332.55 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $1.98 Billion | 10.74% | 1.11x | $1.96 Billion |
About Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd.
Zhangjiagang Zhonghuan Hailu High-End Equipment Co., Ltd. engages in the research and development, production, and sale of industrial metal forgings in China. The company offers bearing, flange, ring gear, and other industrial metal forgings. It serves various industries, including wind power, construction and mining machinery, nuclear power, ships, electric power, petrochemical, etc. The company… Read more