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¥3.57 Billion CNY (≈ $522.22 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¥4.66 Billion ≈ $681.93 Million USD) and total liabilities (CN¥1.09 Billion ≈ $159.70 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 301303 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.57 Billion |
| % of Total Assets | 76.58% |
| Annual Growth Rate | 43.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 88.61 |
Zenner Metering Technology (Shanghai) Ltd. A - Net Assets Trend (2021–2025)
This chart illustrates how Zenner Metering Technology (Shanghai) Ltd. A's net assets have evolved over time, based on quarterly financial data. See 301303 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zenner Metering Technology (Shanghai) Ltd. A (2021–2025)
The table below shows the annual net assets of Zenner Metering Technology (Shanghai) Ltd. A from 2021 to 2025. For live valuation and market cap data, see 301303 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.51 Billion ≈ $513.99 Million |
+6.10% |
| 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 149.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.18 Billion | 34.12% |
| Other Components | CN¥2.27 Billion | 65.88% |
| Total Equity | CN¥3.44 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 |
|---|---|
|
Eerly Govt Ppty Inc
NYSE:DEA
|
$1.08 Billion |
|
Blacksky Technology Inc
NYSE:BKSY
|
$1.08 Billion |
|
Elco Ltd
TA:ELCO
|
$1.08 Billion |
|
MI Technovation Bhd
KLSE:5286
|
$1.08 Billion |
|
GoGold Resources Inc.
TO:GGD
|
$1.08 Billion |
|
Aussie Broadband Ltd
AU:ABB
|
$1.08 Billion |
|
Firefly Metals Ltd
AU:FFM
|
$1.07 Billion |
|
Cimsa Cimento Sanayi ve Ticaret AS
IS:CIMSA
|
$1.07 Billion |
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 2024 to 2025, total equity changed from 3,258,078,377 to 3,444,682,797, a change of 186,604,420 (5.7%).
- Net income of 343,058,481 contributed positively to equity growth.
- Dividend payments of 151,798,518 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥343.06 Million | +9.96% |
| Dividends Paid | CN¥151.80 Million | -4.41% |
| Other Changes | CN¥-4.66 Million | -0.14% |
| Total Change | CN¥- | 5.73% |
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: 2.13x
- 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 6.76x to 2.13x 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¥17.98 | x |
| 2022-12-31 | CN¥3.17 | CN¥17.98 | x |
| 2023-12-31 | CN¥7.53 | CN¥17.98 | x |
| 2024-12-31 | CN¥7.97 | CN¥17.98 | x |
| 2025-12-31 | CN¥8.43 | CN¥17.98 | 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): 9.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.24%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.39x
- Recent ROE (9.96%) is below the historical average (15.68%), 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 |
| 2025 | 9.96% | 19.24% | 0.37x | 1.39x | CN¥-1.41 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: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zenner Metering Technology (Shanghai) Ltd. A (301303) | CN¥3.57 Billion | 26.64% | 0.31x | $1.08 Billion |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 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