Zhang Xiaoquan Inc. (301055) - Net Assets
Based on the latest financial reports, Zhang Xiaoquan Inc. (301055) has net assets worth CN¥663.05 Million CNY (≈ $97.03 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¥996.88 Million ≈ $145.87 Million USD) and total liabilities (CN¥333.83 Million ≈ $48.85 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 asset resilience ratio of Zhang Xiaoquan Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥663.05 Million |
| % of Total Assets | 66.51% |
| Annual Growth Rate | 10.43% |
| 5-Year Change | 48.52% |
| 10-Year Change | N/A |
| Growth Volatility | 26.36 |
Zhang Xiaoquan Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Zhang Xiaoquan Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore 301055 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Zhang Xiaoquan Inc. (2019–2024)
The table below shows the annual net assets of Zhang Xiaoquan Inc. from 2019 to 2024. For live valuation and market cap data, see 301055 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥652.05 Million ≈ $95.41 Million |
-5.07% |
| 2023-12-31 | CN¥686.86 Million ≈ $100.51 Million |
-1.62% |
| 2022-12-31 | CN¥698.15 Million ≈ $102.16 Million |
-3.38% |
| 2021-12-31 | CN¥722.54 Million ≈ $105.73 Million |
+64.58% |
| 2020-12-31 | CN¥439.02 Million ≈ $64.24 Million |
+10.61% |
| 2019-12-31 | CN¥396.90 Million ≈ $58.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhang Xiaoquan Inc.'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 32.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥163.83 Million | 25.82% |
| Other Components | CN¥470.80 Million | 74.18% |
| Total Equity | CN¥634.63 Million | 100.00% |
Zhang Xiaoquan Inc. Competitors by Market Cap
The table below lists competitors of Zhang Xiaoquan Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samsung Electro Mechanics Pref
KO:009155
|
$672.97 Million |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D
IS:KRDMD
|
$673.14 Million |
|
Latitude Group Holdings Ltd
AU:LFS
|
$673.14 Million |
|
Guizhou Sanli Pharmaceutical Co Ltd
SHG:603439
|
$673.19 Million |
|
Transcat Inc
NASDAQ:TRNS
|
$672.66 Million |
|
Jinling Pharmaceutical Co Ltd
SHE:000919
|
$672.54 Million |
|
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
|
$672.53 Million |
|
MTY Food Group Inc
TO:MTY
|
$672.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhang Xiaoquan Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 672,297,375 to 634,625,002, a change of -37,672,373 (-5.6%).
- Net income of 25,043,260 contributed positively to equity growth.
- Dividend payments of 22,722,526 reduced retained earnings.
- Other factors decreased equity by 39,993,107.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.04 Million | +3.95% |
| Dividends Paid | CN¥22.72 Million | -3.58% |
| Other Changes | CN¥-39.99 Million | -6.3% |
| Total Change | CN¥- | -5.60% |
Book Value vs Market Value Analysis
This analysis compares Zhang Xiaoquan Inc.'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: 7.24x
- 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 8.69x to 7.24x 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¥3.39 | CN¥29.47 | x |
| 2020-12-31 | CN¥3.75 | CN¥29.47 | x |
| 2021-12-31 | CN¥4.63 | CN¥29.47 | x |
| 2022-12-31 | CN¥4.40 | CN¥29.47 | x |
| 2023-12-31 | CN¥4.31 | CN¥29.47 | x |
| 2024-12-31 | CN¥4.07 | CN¥29.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhang Xiaoquan Inc. 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): 3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.76%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.57x
- Recent ROE (3.95%) is below the historical average (10.07%), 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 | 18.22% | 14.94% | 0.92x | 1.32x | CN¥32.61 Million |
| 2020 | 17.59% | 13.49% | 0.78x | 1.67x | CN¥33.31 Million |
| 2021 | 10.90% | 10.36% | 0.74x | 1.42x | CN¥6.48 Million |
| 2022 | 6.05% | 5.02% | 0.85x | 1.42x | CN¥-27.11 Million |
| 2023 | 3.74% | 3.10% | 0.80x | 1.52x | CN¥-42.11 Million |
| 2024 | 3.95% | 2.76% | 0.91x | 1.57x | CN¥-38.42 Million |
Industry Comparison
This section compares Zhang Xiaoquan Inc.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,905,636,868
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhang Xiaoquan Inc. (301055) | CN¥663.05 Million | 18.22% | 0.50x | $672.73 Million |
| Midea Group Co Ltd (000333) | $107.50 Billion | 22.52% | 1.81x | $82.47 Billion |
| Changhong Meiling Co Ltd (000521) | $879.37 Million | 0.76% | 1.77x | $730.28 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $107.93 Billion | 21.37% | 1.96x | $32.83 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-842.15 Million | 0.00% | 0.00x | $3.25 Billion |
| Suncha Technology Co Ltd (001211) | $929.64 Million | 7.56% | 0.38x | $439.66 Million |
| Elec-Tech International Co Ltd (002005) | $114.44 Million | 40.36% | 2.94x | $741.10 Million |
| Zhejiang Supor Co Ltd (002032) | $905.66 Million | 11.04% | 0.85x | $5.52 Billion |
| Vatti Corp Ltd (002035) | $112.32 Million | 31.19% | 1.62x | $730.59 Million |
| CNlight Co Ltd (002076) | $388.80 Million | 2.76% | 0.26x | $355.44 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.15 Billion | 4.02% | 0.60x | $364.92 Million |
About Zhang Xiaoquan Inc.
Zhang Xiaoquan Inc., together with its subsidiaries, engages in the research, design, development, production, sale, and service of knives and scissors, kitchen hardware, and home hardware products in China and internationally. The company offers kitchen, household, office, travel, clothing, yarn, and tubing scissors; slicing, small kitchen, boning, and fruit knives; fine iron and non-stick pans,… Read more