Zhejiang Huilong New Materials Co.Ltd.
Zhejiang Huilong New Materials Co.,Ltd. engages in the research and development, production, and sale of solution-dyed fibers in China and internationally. The company offers colored polyester filament yarns, such as draw texturing yarns, fully drawn yarns, and partially oriented yarns. It also provides outdoor camping, traffic interio, sports clothing, and home spinning solutions. Zhejiang Huilo… Read more
Zhejiang Huilong New Materials Co.Ltd. (301057) - Net Assets
Latest net assets as of June 2025: CN¥758.66 Million CNY
Based on the latest financial reports, Zhejiang Huilong New Materials Co.Ltd. (301057) has net assets worth CN¥758.66 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.57 Billion) and total liabilities (CN¥812.00 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¥758.66 Million |
| % of Total Assets | 48.3% |
| Annual Growth Rate | 20.8% |
| 5-Year Change | 109.33% |
| 10-Year Change | N/A |
| Growth Volatility | 24.12 |
Zhejiang Huilong New Materials Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Zhejiang Huilong New Materials 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 Huilong New Materials Co.Ltd. (2019–2024)
The table below shows the annual net assets of Zhejiang Huilong New Materials Co.Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥754.23 Million | -2.20% |
| 2023-12-31 | CN¥771.21 Million | +23.81% |
| 2022-12-31 | CN¥622.92 Million | +3.76% |
| 2021-12-31 | CN¥600.35 Million | +66.62% |
| 2020-12-31 | CN¥360.31 Million | +22.96% |
| 2019-12-31 | CN¥293.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Huilong New Materials 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 140.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥264.95 Million | 35.13% |
| Other Components | CN¥489.28 Million | 64.87% |
| Total Equity | CN¥754.23 Million | 100.00% |
Zhejiang Huilong New Materials Co.Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Huilong New Materials Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tanseisha Co., Ltd.
PINK:TAHCF
|
$284.76 Million |
|
Cadiz Inc
NASDAQ:CDZI
|
$284.80 Million |
|
Niutech Environment Technology Corp
SHG:688309
|
$284.94 Million |
|
Drugs Made In America Acquisition Corp. Ordinary Shares
NASDAQ:DMAA
|
$284.95 Million |
|
Ginkgo Bioworks Holdings
NYSE:DNA
|
$284.51 Million |
|
Formosa Advanced Technologies Co Ltd
TW:8131
|
$284.51 Million |
|
GHT Co Ltd Class A
SHE:300711
|
$284.50 Million |
|
CTOS Digital Bhd
KLSE:5301
|
$284.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Huilong New Materials Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 771,207,474 to 754,226,399, a change of -16,981,074 (-2.2%).
- Net income of 30,925,191 contributed positively to equity growth.
- Dividend payments of 36,152,765 reduced retained earnings.
- Other factors decreased equity by 11,753,501.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.93 Million | +4.1% |
| Dividends Paid | CN¥36.15 Million | -4.79% |
| Other Changes | CN¥-11.75 Million | -1.56% |
| Total Change | CN¥- | -2.20% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Huilong New Materials 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: 6.08x
- 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 10.92x to 6.08x 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¥3.58 | CN¥39.08 | x |
| 2020-12-31 | CN¥4.40 | CN¥39.08 | x |
| 2021-12-31 | CN¥5.50 | CN¥39.08 | x |
| 2022-12-31 | CN¥5.63 | CN¥39.08 | x |
| 2023-12-31 | CN¥6.57 | CN¥39.08 | x |
| 2024-12-31 | CN¥6.42 | CN¥39.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Huilong New Materials 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): 4.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.69%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.64x
- Recent ROE (4.10%) is below the historical average (11.09%), 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 | 18.69% | 8.35% | 1.62x | 1.38x | CN¥25.46 Million |
| 2020 | 18.55% | 12.36% | 1.25x | 1.20x | CN¥30.82 Million |
| 2021 | 12.01% | 11.76% | 0.89x | 1.15x | CN¥12.08 Million |
| 2022 | 6.51% | 6.60% | 0.81x | 1.22x | CN¥-21.72 Million |
| 2023 | 6.66% | 6.38% | 0.90x | 1.16x | CN¥-25.78 Million |
| 2024 | 4.10% | 3.69% | 0.68x | 1.64x | CN¥-44.50 Million |
Industry Comparison
This section compares Zhejiang Huilong New Materials Co.Ltd.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Huilong New Materials Co.Ltd. (301057) | CN¥758.66 Million | 18.69% | 1.07x | $284.60 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |