Zenner Metering Technology (Shanghai) Ltd. A (301303) - Net Assets
Based on the latest financial reports, Zenner Metering Technology (Shanghai) Ltd. A (301303) has net assets worth CN¥3.36 Billion CNY (≈ $491.10 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¥4.36 Billion ≈ $638.67 Million USD) and total liabilities (CN¥1.01 Billion ≈ $147.57 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 Zenner Metering Technology (Shanghai) Lt asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.36 Billion |
| % of Total Assets | 76.89% |
| Annual Growth Rate | 59.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.31 |
Zenner Metering Technology (Shanghai) Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zenner Metering Technology (Shanghai) Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Zenner Metering Technology (Shanghai) Lt asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Zenner Metering Technology (Shanghai) Ltd. A (2021–2024)
The table below shows the annual net assets of Zenner Metering Technology (Shanghai) Ltd. A from 2021 to 2024. For live valuation and market cap data, see 301303 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.31 Billion ≈ $484.42 Million |
+7.00% |
| 2023-12-31 | CN¥3.09 Billion ≈ $452.75 Million |
+215.12% |
| 2022-12-31 | CN¥981.86 Million ≈ $143.68 Million |
+19.46% |
| 2021-12-31 | CN¥821.93 Million ≈ $120.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zenner Metering Technology (Shanghai) 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 113.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.00 Billion | 30.79% |
| Other Components | CN¥2.26 Billion | 69.21% |
| Total Equity | CN¥3.26 Billion | 100.00% |
Zenner Metering Technology (Shanghai) Ltd. A Competitors by Market Cap
The table below lists competitors of Zenner Metering Technology (Shanghai) Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Hongbaoli Corp Ltd
SHE:002165
|
$923.15 Million |
|
BKS Bank AG
VI:BKS
|
$923.33 Million |
|
Global Infotech Co Ltd
SHE:300465
|
$923.37 Million |
|
AXISCADES Technologies Limited
NSE:AXISCADES
|
$923.53 Million |
|
Hanza AB
ST:HANZA
|
$922.81 Million |
|
Warom Technology Inc Co
SHG:603855
|
$922.58 Million |
|
Chengdu XGimi Technology Co. Ltd. A
SHG:688696
|
$922.56 Million |
|
SFA Semicon Co. Ltd
KQ:036540
|
$922.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zenner Metering Technology (Shanghai) Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,080,013,883 to 3,258,078,377, a change of 178,064,494 (5.8%).
- Net income of 320,677,817 contributed positively to equity growth.
- Dividend payments of 148,835,370 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥320.68 Million | +9.84% |
| Dividends Paid | CN¥148.84 Million | -4.57% |
| Other Changes | CN¥6.22 Million | +0.19% |
| Total Change | CN¥- | 5.78% |
Book Value vs Market Value Analysis
This analysis compares Zenner Metering Technology (Shanghai) 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: 1.94x
- 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 5.80x to 1.94x 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¥2.66 | CN¥15.43 | x |
| 2022-12-31 | CN¥3.17 | CN¥15.43 | x |
| 2023-12-31 | CN¥7.53 | CN¥15.43 | x |
| 2024-12-31 | CN¥7.97 | CN¥15.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zenner Metering Technology (Shanghai) 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): 9.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.36%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.31x
- Recent ROE (9.84%) is below the historical average (17.12%), 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 | 26.64% | 20.43% | 0.76x | 1.71x | CN¥135.64 Million |
| 2022 | 21.79% | 17.80% | 0.67x | 1.84x | CN¥114.70 Million |
| 2023 | 10.19% | 23.34% | 0.36x | 1.22x | CN¥5.89 Million |
| 2024 | 9.84% | 21.36% | 0.35x | 1.31x | CN¥-5.13 Million |
Industry Comparison
This section compares Zenner Metering Technology (Shanghai) Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,102,466,364
- Average return on equity (ROE) among peers: 12.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zenner Metering Technology (Shanghai) Ltd. A (301303) | CN¥3.36 Billion | 26.64% | 0.30x | $923.03 Million |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $868.77 Million | 22.25% | 1.96x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.19 Billion | 10.32% | 0.10x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.41 Billion | 1.38% | 0.23x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $881.96 Million | 3.88% | 5.40x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $728.66 Million | 5.17% | 0.60x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $218.98 Million | 10.86% | 0.64x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $1.11 Billion | 22.54% | 1.37x | $9.75 Billion |
About Zenner Metering Technology (Shanghai) Ltd. A
Zenner Metering Technology (Shanghai) Ltd. engages in the research and development, manufacture, and sale of gas metering instruments and supporting products in China and internationally. The company offers domestic meters, industrial and commercial diaphragm gas meter, prepaid meter, gas detector; gas rotary flowmeter, gas turbine flowmeter, ultrasonic flowmeter, electronic volume corrector, int… Read more