Zhejiang Extek Technology Co. Ltd. A
Zhejiang Extek Technology Co., Ltd. engages in the research and development, manufacture, and sale of heat exchangers in China. It offers coaxial sleeve, new shell and tube, plate, falling film and titanium heat exchangers; and evaporative condensers, liquid-cooled radiators and distributors for heating, hot water, refrigeration, data centers, industrial and agricultural production and other fiel… Read more
Zhejiang Extek Technology Co. Ltd. A (301399) - Net Assets
Latest net assets as of June 2025: CN¥1.31 Billion CNY
Based on the latest financial reports, Zhejiang Extek Technology Co. Ltd. A (301399) has net assets worth CN¥1.31 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¥1.49 Billion) and total liabilities (CN¥188.59 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¥1.31 Billion |
| % of Total Assets | 87.38% |
| Annual Growth Rate | 68.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 106.43 |
Zhejiang Extek Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zhejiang Extek Technology 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 Extek Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Zhejiang Extek Technology Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion | +1.24% |
| 2023-12-31 | CN¥1.31 Billion | +243.12% |
| 2022-12-31 | CN¥382.14 Million | +37.93% |
| 2021-12-31 | CN¥277.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Extek 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 123.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥253.74 Million | 19.11% |
| Other Components | CN¥1.07 Billion | 80.89% |
| Total Equity | CN¥1.33 Billion | 100.00% |
Zhejiang Extek Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Extek Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oriola Oyj Series B
LSE:0NES
|
$143.36 Million |
|
ASIX Electronics
TWO:3169
|
$143.37 Million |
|
DOUGLAS ELLIMAN DL-01
F:8OT
|
$143.47 Million |
|
Shaoxing Xingxin New Material
SHE:001358
|
$143.47 Million |
|
iHeartMedia Inc
PINK:IHRTB
|
$143.32 Million |
|
AGIOE ORD A (SHH) EQSW Exp:
SHG:688450
|
$143.31 Million |
|
Cellink AB (publ)
PINK:CLLKF
|
$143.27 Million |
|
Emeco Holdings Limited
PINK:EOHDF
|
$143.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Extek Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,311,204,729 to 1,327,448,738, a change of 16,244,009 (1.2%).
- Net income of 59,432,586 contributed positively to equity growth.
- Dividend payments of 44,024,722 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥59.43 Million | +4.48% |
| Dividends Paid | CN¥44.02 Million | -3.32% |
| Other Changes | CN¥836.15K | +0.06% |
| Total Change | CN¥- | 1.24% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Extek 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: 3.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.39x to 3.17x 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¥2.00 | CN¥22.74 | x |
| 2022-12-31 | CN¥2.75 | CN¥22.74 | x |
| 2023-12-31 | CN¥7.09 | CN¥22.74 | x |
| 2024-12-31 | CN¥7.17 | CN¥22.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Extek 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): 4.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.32%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.15x
- Recent ROE (4.48%) is below the historical average (17.69%), 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 | 31.05% | 17.52% | 1.30x | 1.36x | CN¥58.31 Million |
| 2022 | 27.50% | 18.55% | 1.05x | 1.42x | CN¥66.88 Million |
| 2023 | 7.72% | 17.84% | 0.40x | 1.09x | CN¥-29.96 Million |
| 2024 | 4.48% | 11.32% | 0.35x | 1.15x | CN¥-73.31 Million |
Industry Comparison
This section compares Zhejiang Extek Technology Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,569,233,767
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Extek Technology Co. Ltd. A (301399) | CN¥1.31 Billion | 31.05% | 0.14x | $143.36 Million |
| Huayi Compressor Co Ltd (000404) | $4.26 Billion | 2.35% | 1.40x | $442.61 Million |
| Shenyang Machine Tool Co Ltd (000410) | $665.41 Million | 10.13% | 1.41x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $3.61 Billion | 10.56% | 0.36x | $1.93 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.16 Billion | 7.64% | 0.59x | $518.05 Million |
| Changchai Co Ltd (000570) | $1.16 Billion | -7.27% | 0.64x | $384.56 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $476.85 Million | 1.36% | 1.42x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $352.33 Million | 0.81% | 1.70x | $533.76 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $260.61 Million | 10.90% | 0.50x | $943.61 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $863.72 Million | 10.27% | 0.62x | $759.53 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $2.89 Billion | 5.30% | 2.21x | $880.10 Million |