Zhejiang Prulde Electric Appliance Co. Ltd. A
Zhejiang Prulde Electric Appliance Co., Ltd. engages in the research and development, design, production, and sale of power tools in China. The company primarily offers electric heating, spraying, nail gun, blowing and suction, punching and grinding, power supply and other tools. The company's products are used in home decoration, manufacturing, construction, building, garden maintenance, and oth… Read more
Zhejiang Prulde Electric Appliance Co. Ltd. A (301353) - Net Assets
Latest net assets as of June 2025: CN¥1.27 Billion CNY
Based on the latest financial reports, Zhejiang Prulde Electric Appliance Co. Ltd. A (301353) 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¥1.50 Billion) and total liabilities (CN¥233.49 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 | 84.46% |
| Annual Growth Rate | 38.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 53.56 |
Zhejiang Prulde Electric Appliance Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zhejiang Prulde Electric Appliance 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 Prulde Electric Appliance Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Zhejiang Prulde Electric Appliance Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.26 Billion | -1.02% |
| 2023-12-31 | CN¥1.27 Billion | +122.26% |
| 2022-12-31 | CN¥573.13 Million | +21.73% |
| 2021-12-31 | CN¥470.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Prulde Electric Appliance 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 151.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥327.59 Million | 25.93% |
| Other Components | CN¥935.84 Million | 74.07% |
| Total Equity | CN¥1.26 Billion | 100.00% |
Zhejiang Prulde Electric Appliance Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Prulde Electric Appliance Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leatec Fine Ceramics Co Ltd
TWO:6127
|
$95.39 Million |
|
SPEEDY HIRE LS-05
F:5HN
|
$95.40 Million |
|
CH Biotech R&D Co., Ltd.
TW:6534
|
$95.40 Million |
|
Bald Eagle Gold Corp.
OTCQB:BADEF
|
$95.41 Million |
|
SMS Pharmaceuticals Limited
NSE:SMSPHARMA
|
$95.38 Million |
|
Anhui Huaqi Environmental Protection Technology Co. Ltd.
SHE:300929
|
$95.36 Million |
|
Tunas Baru Lampung Tbk
JK:TBLA
|
$95.35 Million |
|
Pinnacle Bank
OTCQB:PBNK
|
$95.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Prulde Electric Appliance Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,271,757,357 to 1,263,426,164, a change of -8,331,193 (-0.7%).
- Net income of 62,999,663 contributed positively to equity growth.
- Dividend payments of 25,004,068 reduced retained earnings.
- Other factors decreased equity by 46,326,788.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥63.00 Million | +4.99% |
| Dividends Paid | CN¥25.00 Million | -1.98% |
| Other Changes | CN¥-46.33 Million | -3.67% |
| Total Change | CN¥- | -0.66% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Prulde Electric Appliance 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: 2.21x
- 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 4.45x to 2.21x 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¥6.35 | CN¥28.28 | x |
| 2022-12-31 | CN¥7.73 | CN¥28.28 | x |
| 2023-12-31 | CN¥12.87 | CN¥28.28 | x |
| 2024-12-31 | CN¥12.79 | CN¥28.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Prulde Electric Appliance 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): 4.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.19x
- Recent ROE (4.99%) is below the historical average (12.17%), 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 | 20.21% | 14.14% | 0.86x | 1.66x | CN¥48.05 Million |
| 2022 | 17.31% | 14.10% | 0.80x | 1.53x | CN¥41.88 Million |
| 2023 | 6.18% | 11.02% | 0.48x | 1.17x | CN¥-48.55 Million |
| 2024 | 4.99% | 7.22% | 0.58x | 1.19x | CN¥-63.34 Million |
Industry Comparison
This section compares Zhejiang Prulde Electric Appliance Co. Ltd. A's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,229,429,685
- Average return on equity (ROE) among peers: 15.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Prulde Electric Appliance Co. Ltd. A (301353) | CN¥1.27 Billion | 20.21% | 0.18x | $95.38 Million |
| Shandong Tengda Fasten Tech (001379) | $443.74 Million | 2.87% | 1.08x | $184.28 Million |
| Bosun Tools Co Ltd (002282) | $809.57 Million | 8.34% | 0.34x | $210.38 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $1.11 Billion | 9.56% | 0.05x | $411.44 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $200.12 Million | 86.55% | 2.62x | $312.43 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $5.74 Billion | 10.83% | 0.24x | $2.76 Billion |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $614.57 Million | 5.77% | 0.24x | $871.41 Million |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $732.78 Million | 25.37% | 0.42x | $415.68 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $289.81 Million | 17.22% | 0.72x | $447.34 Million |
| Wafangdian Bearing Co Ltd (200706) | $1.04 Billion | 2.35% | 1.08x | $24.70 Million |
| Beijing Dinghan Tech Co (300011) | $1.31 Billion | -15.04% | 1.63x | $422.60 Million |