Zhejiang Jindao Technology Co. Ltd. (301279) - Net Assets
Based on the latest financial reports, Zhejiang Jindao Technology Co. Ltd. (301279) has net assets worth CN¥1.38 Billion CNY (≈ $201.41 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.73 Billion ≈ $253.58 Million USD) and total liabilities (CN¥356.55 Million ≈ $52.17 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 301279 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.38 Billion |
| % of Total Assets | 79.43% |
| Annual Growth Rate | 23.64% |
| 5-Year Change | 155.98% |
| 10-Year Change | N/A |
| Growth Volatility | 52.84 |
Zhejiang Jindao Technology Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how Zhejiang Jindao Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See how many days can Zhejiang Jindao Technology Co. Ltd. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Jindao Technology Co. Ltd. (2019–2025)
The table below shows the annual net assets of Zhejiang Jindao Technology Co. Ltd. from 2019 to 2025. For live valuation and market cap data, see 301279 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.36 Billion ≈ $199.14 Million |
+3.05% |
| 2024-12-31 | CN¥1.32 Billion ≈ $193.25 Million |
+0.17% |
| 2023-12-31 | CN¥1.32 Billion ≈ $192.92 Million |
-0.07% |
| 2022-12-31 | CN¥1.32 Billion ≈ $193.05 Million |
+148.15% |
| 2021-12-31 | CN¥531.63 Million ≈ $77.79 Million |
+17.60% |
| 2020-12-31 | CN¥452.08 Million ≈ $66.15 Million |
+18.71% |
| 2019-12-31 | CN¥380.82 Million ≈ $55.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Jindao Technology 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 265.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥338.18 Million | 24.85% |
| Other Components | CN¥1.02 Billion | 75.15% |
| Total Equity | CN¥1.36 Billion | 100.00% |
Zhejiang Jindao Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Jindao Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viking Tech
TWO:3624
|
$593.35 Million |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM
|
$593.54 Million |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$593.61 Million |
|
Ranpak Holdings Corp
NYSE:PACK
|
$593.68 Million |
|
Saimo Electric Co Ltd
SHE:300466
|
$593.22 Million |
|
Adlai Nortye Ltd. American Depositary Shares
NASDAQ:ANL
|
$593.22 Million |
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
$593.09 Million |
|
Winner Information Technology Co Inc
SHE:300609
|
$593.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Jindao Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,320,633,592 to 1,360,885,887, a change of 40,252,294 (3.0%).
- Net income of 64,491,680 contributed positively to equity growth.
- Dividend payments of 26,218,272 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥64.49 Million | +4.74% |
| Dividends Paid | CN¥26.22 Million | -1.93% |
| Other Changes | CN¥1.98 Million | +0.15% |
| Total Change | CN¥- | 3.05% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Jindao Technology 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: 2.98x
- 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 4.74x to 2.98x 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¥5.08 | CN¥24.06 | x |
| 2020-12-31 | CN¥6.03 | CN¥24.06 | x |
| 2021-12-31 | CN¥5.45 | CN¥24.06 | x |
| 2022-12-31 | CN¥7.81 | CN¥24.06 | x |
| 2023-12-31 | CN¥7.80 | CN¥24.06 | x |
| 2024-12-31 | CN¥7.81 | CN¥24.06 | x |
| 2025-12-31 | CN¥8.07 | CN¥24.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Jindao Technology 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): 4.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.28%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.30x
- Recent ROE (4.74%) is below the historical average (8.89%), 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 | 13.61% | 11.50% | 0.72x | 1.64x | CN¥13.74 Million |
| 2020 | 15.76% | 13.45% | 0.67x | 1.76x | CN¥26.05 Million |
| 2021 | 14.96% | 12.43% | 0.65x | 1.86x | CN¥26.39 Million |
| 2022 | 6.19% | 12.49% | 0.39x | 1.28x | CN¥-50.29 Million |
| 2023 | 3.72% | 7.55% | 0.39x | 1.28x | CN¥-82.73 Million |
| 2024 | 3.23% | 6.88% | 0.37x | 1.26x | CN¥-89.36 Million |
| 2025 | 4.74% | 9.28% | 0.39x | 1.30x | CN¥-71.60 Million |
Industry Comparison
This section compares Zhejiang Jindao Technology Co. Ltd.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jindao Technology Co. Ltd. (301279) | CN¥1.38 Billion | 13.61% | 0.26x | $593.33 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Zhejiang Jindao Technology Co. Ltd.
Zhejiang Jindao Technology Co., Ltd. engages in the research and development, production, and sale of various types of forklift and other industrial vehicle gearboxes in China and internationally. It offers hydraulic transmission gearboxes, electric forklift gearboxes, mechanical transmission gearboxes, wet drive axles, and other products to vehicle manufacturers of forklifts and construction mac… Read more