Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) - Net Assets
Based on the latest financial reports, Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) has net assets worth CN¥1.57 Billion CNY (≈ $229.32 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¥2.65 Billion ≈ $388.27 Million USD) and total liabilities (CN¥1.09 Billion ≈ $158.96 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 tangible equity quality of Zhangjiagang Haiguo New Energy Equipment to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.57 Billion |
| % of Total Assets | 59.06% |
| Annual Growth Rate | 29.95% |
| 5-Year Change | 195.48% |
| 10-Year Change | N/A |
| Growth Volatility | 29.53 |
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See Zhangjiagang Haiguo New Energy Equipment (301063) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (2019–2024)
The table below shows the annual net assets of Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see 301063 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.53 Billion ≈ $224.59 Million |
-0.66% |
| 2023-12-31 | CN¥1.55 Billion ≈ $226.09 Million |
+52.55% |
| 2022-12-31 | CN¥1.01 Billion ≈ $148.21 Million |
+8.46% |
| 2021-12-31 | CN¥933.79 Million ≈ $136.64 Million |
+79.77% |
| 2020-12-31 | CN¥519.44 Million ≈ $76.01 Million |
+25.46% |
| 2019-12-31 | CN¥414.01 Million ≈ $60.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 249.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥415.36 Million | 27.06% |
| Other Components | CN¥1.12 Billion | 72.94% |
| Total Equity | CN¥1.53 Billion | 100.00% |
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qudian Inc
F:1QU
|
$276.87 Million |
|
GABIA Inc
KQ:079940
|
$276.94 Million |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
$276.99 Million |
|
Seah Steel Corp
KO:306200
|
$277.05 Million |
|
Jeju Air Co Ltd
KO:089590
|
$276.83 Million |
|
Aluflexpack AG
SW:AFP
|
$276.80 Million |
|
Rongyu Group Co Ltd
SHE:002622
|
$276.57 Million |
|
Aurotek Corp
TW:6215
|
$276.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,545,052,672 to 1,534,807,429, a change of -10,245,243 (-0.7%).
- Net income of 33,352,042 contributed positively to equity growth.
- Dividend payments of 24,585,282 reduced retained earnings.
- Other factors decreased equity by 19,012,002.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥33.35 Million | +2.17% |
| Dividends Paid | CN¥24.59 Million | -1.6% |
| Other Changes | CN¥-19.01 Million | -1.24% |
| Total Change | CN¥- | -0.66% |
Book Value vs Market Value Analysis
This analysis compares Zhangjiagang Haiguo New Energy Equipment Manufacturing 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: 1.23x
- 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 2.77x to 1.23x 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¥6.55 | CN¥18.13 | x |
| 2020-12-31 | CN¥8.22 | CN¥18.13 | x |
| 2021-12-31 | CN¥11.08 | CN¥18.13 | x |
| 2022-12-31 | CN¥12.02 | CN¥18.13 | x |
| 2023-12-31 | CN¥14.80 | CN¥18.13 | x |
| 2024-12-31 | CN¥14.71 | CN¥18.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhangjiagang Haiguo New Energy Equipment Manufacturing 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): 2.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.50%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.54x
- Recent ROE (2.17%) is below the historical average (10.03%), 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 | 15.65% | 10.02% | 0.75x | 2.09x | CN¥23.41 Million |
| 2020 | 20.30% | 10.40% | 0.93x | 2.09x | CN¥53.48 Million |
| 2021 | 9.38% | 8.27% | 0.66x | 1.72x | CN¥-5.81 Million |
| 2022 | 9.05% | 6.77% | 0.79x | 1.68x | CN¥-9.61 Million |
| 2023 | 3.61% | 4.44% | 0.57x | 1.44x | CN¥-98.69 Million |
| 2024 | 2.17% | 2.50% | 0.57x | 1.54x | CN¥-120.13 Million |
Industry Comparison
This section compares Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $5,108,446,449
- Average return on equity (ROE) among peers: 9.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) | CN¥1.57 Billion | 15.65% | 0.69x | $276.87 Million |
| China International Marine Containers Group Ltd (000039) | $39.13 Billion | 1.38% | 2.18x | $3.06 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $185.80 Million | 14.21% | 4.20x | $290.78 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.07 Billion | 0.86% | 0.44x | $358.66 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.19 Billion | 7.18% | 0.09x | $909.12 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $190.13 Million | 29.62% | 0.64x | $1.40 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.45 Billion | 7.95% | 0.71x | $2.04 Billion |
| Dajin Heavy Industry Corp (002487) | $3.00 Billion | 19.25% | 1.22x | $5.65 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $1.03 Billion | 6.46% | 0.73x | $321.36 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $256.39 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $2.36 Billion | 5.84% | 2.13x | $1.68 Billion |
About Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co., Ltd. researches, develops, produces, and sells customized forgings for large and medium-sized high-end equipment in China and internationally. The company's principal products include oil and gas equipment, wind power equipment, mechanical equipment, pressure vessel forgings, and other forgings. Its products are used in oil and gas explo… Read more