Zhejiang EV-Tech Co.,Ltd.
Zhejiang EV-Tech Co.,Ltd. manufactures and sells on-board chargers and on-board DC/DC converters for new energy vehicles in China and internationally. It also provides off-board charging systems. Zhejiang EV-Tech Co.,Ltd. was founded in 2011 and is headquartered in Huzhou, China.
Zhejiang EV-Tech Co.,Ltd. (301607) - Net Assets
Latest net assets as of September 2025: CN¥1.14 Billion CNY
Based on the latest financial reports, Zhejiang EV-Tech Co.,Ltd. (301607) has net assets worth CN¥1.14 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.47 Billion) and total liabilities (CN¥2.33 Billion). 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¥1.14 Billion |
| % of Total Assets | 32.83% |
| Annual Growth Rate | 66.06% |
| 5-Year Change | 508.64% |
| 10-Year Change | N/A |
| Growth Volatility | 35.36 |
Zhejiang EV-Tech Co.,Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Zhejiang EV-Tech Co.,Ltd.'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 EV-Tech Co.,Ltd. (2019–2024)
The table below shows the annual net assets of Zhejiang EV-Tech Co.,Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.00 Billion | +73.21% |
| 2023-12-31 | CN¥577.33 Million | +26.99% |
| 2022-12-31 | CN¥454.62 Million | +32.19% |
| 2021-12-31 | CN¥343.90 Million | +109.31% |
| 2020-12-31 | CN¥164.30 Million | +107.67% |
| 2019-12-31 | CN¥79.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang EV-Tech 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 30219391047.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥68.11 Million | 6.81% |
| Common Stock | CN¥111.01 Million | 11.10% |
| Other Components | CN¥820.90 Million | 82.09% |
| Total Equity | CN¥1.00 Billion | 100.00% |
Zhejiang EV-Tech Co.,Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang EV-Tech Co.,Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
San Bian Science & Technology Co Ltd
SHE:002112
|
$545.59 Million |
|
Shenzhen Consys Science & Technology Co. Ltd. A
SHG:688788
|
$545.81 Million |
|
Nanosonics Ltd
AU:NAN
|
$545.85 Million |
|
Mainstreet Equity Corp
PINK:MEQYF
|
$545.85 Million |
|
Truking Technology Ltd
SHE:300358
|
$545.42 Million |
|
Draper Esprit plc
PINK:GRWXF
|
$545.34 Million |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
$545.21 Million |
|
ZhuZhou QianJin Pharmaceutical Co Ltd
SHG:600479
|
$545.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang EV-Tech Co.,Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 577,332,919 to 1,000,020,938, a change of 422,688,019 (73.2%).
- Net income of 94,605,153 contributed positively to equity growth.
- Dividend payments of 107,977 reduced retained earnings.
- Other factors increased equity by 328,190,843.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥94.61 Million | +9.46% |
| Dividends Paid | CN¥107.98K | -0.01% |
| Other Changes | CN¥328.19 Million | +32.82% |
| Total Change | CN¥- | 73.21% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang EV-Tech 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: 4.37x
- 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 40.57x to 4.37x 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¥1.19 | CN¥48.45 | x |
| 2020-12-31 | CN¥2.33 | CN¥48.45 | x |
| 2021-12-31 | CN¥4.47 | CN¥48.45 | x |
| 2022-12-31 | CN¥5.45 | CN¥48.45 | x |
| 2023-12-31 | CN¥6.94 | CN¥48.45 | x |
| 2024-12-31 | CN¥11.10 | CN¥48.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang EV-Tech 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): 9.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.89%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.29x
- Recent ROE (9.46%) is above the historical average (-4.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -77.04% | -30.46% | 0.65x | 3.90x | CN¥-68.87 Million |
| 2020 | -9.02% | -5.02% | 0.59x | 3.07x | CN¥-31.24 Million |
| 2021 | 16.76% | 5.98% | 0.82x | 3.43x | CN¥23.26 Million |
| 2022 | 19.09% | 5.26% | 1.08x | 3.38x | CN¥41.31 Million |
| 2023 | 16.70% | 5.26% | 1.12x | 2.84x | CN¥38.71 Million |
| 2024 | 9.46% | 4.89% | 0.85x | 2.29x | CN¥-5.40 Million |
Industry Comparison
This section compares Zhejiang EV-Tech Co.,Ltd.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $16,073,295,995
- Average return on equity (ROE) among peers: -37.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang EV-Tech Co.,Ltd. (301607) | CN¥1.14 Billion | -77.04% | 2.05x | $545.53 Million |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Haima Automobile Group Co Ltd (000572) | $51.44 Million | 0.00% | 13.34x | $994.86 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Anhui Ankai Automobile Co Ltd (000868) | $1.38 Billion | 6.88% | 2.00x | $311.06 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $463.94 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |