Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A (301309) - Net Assets
Based on the latest financial reports, Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A (301309) has net assets worth CN¥1.60 Billion CNY (≈ $234.15 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¥1.84 Billion ≈ $268.68 Million USD) and total liabilities (CN¥235.94 Million ≈ $34.52 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 Zhejiang Wandekai Fluid Equipment Techno (301309) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.60 Billion |
| % of Total Assets | 87.15% |
| Annual Growth Rate | 47.04% |
| 5-Year Change | 426.07% |
| 10-Year Change | N/A |
| Growth Volatility | 90.88 |
Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Zhejiang Wandekai Fluid Equipment Techno for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see Zhejiang Wandekai Fluid Equipment Techno (301309) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.57 Billion ≈ $230.08 Million |
+9.40% |
| 2023-12-31 | CN¥1.44 Billion ≈ $210.30 Million |
+2.60% |
| 2022-12-31 | CN¥1.40 Billion ≈ $204.97 Million |
+244.73% |
| 2021-12-31 | CN¥406.33 Million ≈ $59.46 Million |
+35.95% |
| 2020-12-31 | CN¥298.88 Million ≈ $43.74 Million |
+30.78% |
| 2019-12-31 | CN¥228.54 Million ≈ $33.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Wandekai Fluid Equipment Technology 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 404.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥534.21 Million | 34.22% |
| Other Components | CN¥1.03 Billion | 65.78% |
| Total Equity | CN¥1.56 Billion | 100.00% |
Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PostNL NV
AS:PNL
|
$493.42 Million |
|
Vinte Viviendas Integrales S.A.B. de C.V
MX:VINTE
|
$493.92 Million |
|
Jiangsu Newamstar Packaging Machinery Co Ltd
SHE:300509
|
$494.01 Million |
|
Trakcja PRKiI S.A.
WAR:TRK
|
$494.02 Million |
|
CanSino Biologics Inc
F:CJH
|
$493.24 Million |
|
Johnson Outdoors Inc
NASDAQ:JOUT
|
$493.23 Million |
|
Hollyland China Electronics Technology Corp Ltd
SHE:002729
|
$493.18 Million |
|
First Trust High Yield Opportunities 2027 Term Fund
NYSE:FTHY
|
$493.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,437,493,878 to 1,561,180,315, a change of 123,686,436 (8.6%).
- Net income of 150,148,168 contributed positively to equity growth.
- Dividend payments of 35,138,850 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥150.15 Million | +9.62% |
| Dividends Paid | CN¥35.14 Million | -2.25% |
| Other Changes | CN¥8.68 Million | +0.56% |
| Total Change | CN¥- | 8.60% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Wandekai Fluid Equipment Technology 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: 2.15x
- 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 11.00x to 2.15x 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¥3.05 | CN¥33.53 | x |
| 2020-12-31 | CN¥3.99 | CN¥33.53 | x |
| 2021-12-31 | CN¥5.41 | CN¥33.53 | x |
| 2022-12-31 | CN¥14.00 | CN¥33.53 | x |
| 2023-12-31 | CN¥14.37 | CN¥33.53 | x |
| 2024-12-31 | CN¥15.61 | CN¥33.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Wandekai Fluid Equipment Technology 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): 9.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.07%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.17x
- Recent ROE (9.62%) is below the historical average (16.34%), 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 | 22.37% | 9.98% | 1.07x | 2.10x | CN¥28.26 Million |
| 2020 | 23.53% | 12.57% | 1.06x | 1.77x | CN¥40.45 Million |
| 2021 | 26.34% | 14.31% | 1.01x | 1.83x | CN¥66.24 Million |
| 2022 | 8.93% | 16.10% | 0.49x | 1.13x | CN¥-14.96 Million |
| 2023 | 7.23% | 15.08% | 0.41x | 1.17x | CN¥-39.85 Million |
| 2024 | 9.62% | 15.07% | 0.54x | 1.17x | CN¥-5.97 Million |
Industry Comparison
This section compares Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,355,530,394
- Average return on equity (ROE) among peers: 5.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A (301309) | CN¥1.60 Billion | 22.37% | 0.15x | $493.27 Million |
| China Fangda Group Co Ltd (000055) | $627.32 Million | 3.71% | 1.22x | $363.04 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $563.75 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $1.31 Billion | 4.44% | 0.58x | $398.96 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $2.07 Billion | 9.74% | 1.57x | $6.46 Billion |
| Yantai Moon Co Ltd (000811) | $492.51 Million | 10.66% | 1.40x | $3.62 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $433.46 Million | 10.62% | 0.79x | $342.14 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.89 Billion | 16.59% | 0.36x | $741.10 Million |
| Everjoy Health Group Co Ltd (002162) | $950.37 Million | 2.56% | 1.39x | $601.58 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $963.77 Million | 1.38% | 1.23x | $363.87 Million |
| Puyang Refractories Group Co Ltd (002225) | $3.52 Billion | 3.83% | 1.35x | $763.35 Million |
About Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A
Zhejiang Wandekai Fluid Equipment Technology Co., Ltd. engages in the research, development, production, and sale of plumbing equipment in China and internationally. It offers HVAC system products, copper plumbing valves, and pipe fittings, which are used in water supply and drainage, hot and cold-water supply, heating, and other infrastructure in buildings. The company was incorporated in 2016 a… Read more