ZheJiang ZhongKe Magnetic Co. Ltd. A
Zhejiang Zhongke Magnetic Industry Co., Ltd. engages in the research and development, production, and sales of permanent magnetic materials. It offers NdFeB permanent magnet materials, permanent ferrite magnets, and other products. The company's products are used in consumer electronics, energy-saving home appliances, robotics, low-altitude economy, automotive industry, industrial equipment, and … Read more
ZheJiang ZhongKe Magnetic Co. Ltd. A (301141) - Net Assets
Latest net assets as of June 2025: CN¥1.27 Billion CNY
Based on the latest financial reports, ZheJiang ZhongKe Magnetic Co. Ltd. A (301141) has net assets worth CN¥1.27 Billion 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¥1.64 Billion) and total liabilities (CN¥374.72 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¥1.27 Billion |
| % of Total Assets | 77.21% |
| Annual Growth Rate | 57.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 92.05 |
ZheJiang ZhongKe Magnetic Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how ZheJiang ZhongKe Magnetic Co. Ltd. A'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 ZhongKe Magnetic Co. Ltd. A (2021–2024)
The table below shows the annual net assets of ZheJiang ZhongKe Magnetic Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.26 Billion | -0.77% |
| 2023-12-31 | CN¥1.27 Billion | +207.13% |
| 2022-12-31 | CN¥412.87 Million | +27.63% |
| 2021-12-31 | CN¥323.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZheJiang ZhongKe Magnetic Co. Ltd. A'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 58.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥257.85 Million | 20.49% |
| Other Components | CN¥1.00 Billion | 79.51% |
| Total Equity | CN¥1.26 Billion | 100.00% |
ZheJiang ZhongKe Magnetic Co. Ltd. A Competitors by Market Cap
The table below lists competitors of ZheJiang ZhongKe Magnetic Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Newlife New Material Co. Ltd. A
SHE:301323
|
$263.19 Million |
|
Holding Bursátil Regional S.A.
SN:NUAM
|
$263.19 Million |
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
|
$263.20 Million |
|
Fujian Cement Inc
SHG:600802
|
$263.29 Million |
|
Keros Therapeutics Inc
NASDAQ:KROS
|
$263.16 Million |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
$263.07 Million |
|
Ares Commercial Real Estate
NYSE:ACRE
|
$263.00 Million |
|
Huamei Holding
SHE:000607
|
$262.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZheJiang ZhongKe Magnetic Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,268,055,236 to 1,258,268,061, a change of -9,787,175 (-0.8%).
- Net income of 16,560,774 contributed positively to equity growth.
- Dividend payments of 26,814,349 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.56 Million | +1.32% |
| Dividends Paid | CN¥26.81 Million | -2.13% |
| Other Changes | CN¥466.40K | +0.04% |
| Total Change | CN¥- | -0.77% |
Book Value vs Market Value Analysis
This analysis compares ZheJiang ZhongKe Magnetic Co. Ltd. A'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: 5.35x
- 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 15.60x to 5.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.48 | CN¥54.26 | x |
| 2022-12-31 | CN¥4.44 | CN¥54.26 | x |
| 2023-12-31 | CN¥10.22 | CN¥54.26 | x |
| 2024-12-31 | CN¥10.14 | CN¥54.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZheJiang ZhongKe Magnetic Co. Ltd. A 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): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.03%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.25x
- Recent ROE (1.32%) is below the historical average (13.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 26.32% | 15.61% | 0.88x | 1.91x | CN¥52.80 Million |
| 2022 | 21.65% | 14.43% | 1.02x | 1.47x | CN¥48.10 Million |
| 2023 | 3.80% | 9.93% | 0.33x | 1.15x | CN¥-78.67 Million |
| 2024 | 1.32% | 3.03% | 0.35x | 1.25x | CN¥-109.27 Million |
Industry Comparison
This section compares ZheJiang ZhongKe Magnetic Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,490,120,016
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZheJiang ZhongKe Magnetic Co. Ltd. A (301141) | CN¥1.27 Billion | 26.32% | 0.30x | $263.18 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $211.82 Million | 1.39% | 1.89x | $782.09 Million |
| Shenzhen Huakong Seg Co Ltd (000068) | $195.81 Million | -19.00% | 2.02x | $284.42 Million |
| CPT Technology Group Co Ltd (000536) | $3.99 Billion | 6.25% | 1.61x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.20 Billion | 3.33% | 0.49x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $528.33 Million | 0.00% | 0.70x | $319.83 Million |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $2.59 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.37 Billion | 6.78% | 0.23x | $1.44 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $237.19 Million | 23.82% | 1.84x | $194.36 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $1.00 Billion | -0.96% | 0.17x | $154.24 Million |
| Shenzhen CECport Technologies Co. Ltd. A (001287) | $2.41 Billion | 13.96% | 7.42x | $1.01 Billion |