Zhongrui Co Ltd (301587) - Net Assets
Based on the latest financial reports, Zhongrui Co Ltd (301587) has net assets worth CN¥2.01 Billion CNY (≈ $293.84 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¥2.32 Billion ≈ $339.95 Million USD) and total liabilities (CN¥315.08 Million ≈ $46.11 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. See net asset quality index of Zhongrui Co Ltd to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.01 Billion |
| % of Total Assets | 86.44% |
| Annual Growth Rate | 23.65% |
| 5-Year Change | 121.98% |
| 10-Year Change | N/A |
| Growth Volatility | 22.77 |
Zhongrui Co Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Zhongrui Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Zhongrui Co Ltd market cap and net worth.
Annual Net Assets for Zhongrui Co Ltd (2020–2025)
The table below shows the annual net assets of Zhongrui Co Ltd from 2020 to 2025. Also explore Zhongrui Co Ltd (301587) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.01 Billion ≈ $293.83 Million |
-1.37% |
| 2024-12-31 | CN¥2.04 Billion ≈ $297.91 Million |
+66.01% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.45 Million |
+11.66% |
| 2022-12-31 | CN¥1.10 Billion ≈ $160.71 Million |
+21.41% |
| 2021-12-31 | CN¥904.60 Million ≈ $132.37 Million |
+30.18% |
| 2020-12-31 | CN¥694.90 Million ≈ $101.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhongrui Co Ltd'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 295.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥604.78 Million | 30.35% |
| Other Components | CN¥1.39 Billion | 69.65% |
| Total Equity | CN¥1.99 Billion | 100.00% |
Zhongrui Co Ltd Competitors by Market Cap
The table below lists competitors of Zhongrui Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinlong Machinery Electronic
SHE:300032
|
$458.36 Million |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159
|
$458.69 Million |
|
Hunan Resun Co Ltd
SHE:001218
|
$458.70 Million |
|
SMO ClinPlus Co. Ltd.
SHE:301257
|
$458.74 Million |
|
Dalian Zhiyun Automation Co Ltd
SHE:300097
|
$458.13 Million |
|
BOKU INC. REG S DL-0001
F:B04
|
$458.05 Million |
|
Malibu Boats Inc
NASDAQ:MBUU
|
$457.89 Million |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
$457.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongrui Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,022,999,298 to 1,992,897,440, a change of -30,101,858 (-1.5%).
- Net income of 51,207,083 contributed positively to equity growth.
- Dividend payments of 71,472,441 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥51.21 Million | +2.57% |
| Dividends Paid | CN¥71.47 Million | -3.59% |
| Other Changes | CN¥-9.84 Million | -0.49% |
| Total Change | CN¥- | -1.49% |
Book Value vs Market Value Analysis
This analysis compares Zhongrui Co Ltd'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: 1.57x
- 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 4.57x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥4.65 | CN¥21.26 | x |
| 2021-12-31 | CN¥6.04 | CN¥21.26 | x |
| 2022-12-31 | CN¥9.78 | CN¥21.26 | x |
| 2023-12-31 | CN¥11.09 | CN¥21.26 | x |
| 2024-12-31 | CN¥14.55 | CN¥21.26 | x |
| 2025-12-31 | CN¥13.53 | CN¥21.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongrui Co Ltd 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): 2.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.40%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.18x
- Recent ROE (2.57%) is below the historical average (9.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 9.58% | 14.39% | 0.49x | 1.37x | CN¥-2.91 Million |
| 2021 | 15.37% | 21.28% | 0.54x | 1.34x | CN¥47.75 Million |
| 2022 | 16.97% | 24.03% | 0.51x | 1.38x | CN¥75.36 Million |
| 2023 | 11.09% | 19.80% | 0.43x | 1.29x | CN¥13.33 Million |
| 2024 | 3.71% | 11.80% | 0.26x | 1.22x | CN¥-127.22 Million |
| 2025 | 2.57% | 7.40% | 0.29x | 1.18x | CN¥-148.08 Million |
Industry Comparison
This section compares Zhongrui Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,245,673,029
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongrui Co Ltd (301587) | CN¥2.01 Billion | 9.58% | 0.16x | $458.34 Million |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 6.87% | 1.16x | $1.14 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $536.10 Million | 17.67% | 0.27x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.10 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $557.50 Million | 13.45% | 0.65x | $744.67 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.86 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.32 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $15.80 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $353.70 Million |
| Gotion High tech Co Ltd (002074) | $8.26 Billion | 10.15% | 1.07x | $6.94 Billion |
About Zhongrui Co Ltd
Changzhou Wujin Zhongrui Electronic Technology Co., Ltd. engages in the research and development, production, and sale of precision safety structural components for cylindrical lithium batteries. in China and internationally. The company's products include lithium battery pack caps, large cylindrical structural components, and other related products. The company was founded in 2001 and is headqua… Read more