Zhe Jiang Dong Ri Ltd Co (600113) - Net Assets
Based on the latest financial reports, Zhe Jiang Dong Ri Ltd Co (600113) has net assets worth CN¥2.68 Billion CNY (≈ $391.49 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.60 Billion ≈ $526.44 Million USD) and total liabilities (CN¥922.20 Million ≈ $134.95 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 financial resilience of Zhe Jiang Dong Ri Ltd Co to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.68 Billion |
| % of Total Assets | 74.37% |
| Annual Growth Rate | 12.23% |
| 5-Year Change | 67.46% |
| 10-Year Change | 436.19% |
| Growth Volatility | 49.09 |
Zhe Jiang Dong Ri Ltd Co - Net Assets Trend (1994–2024)
This chart illustrates how Zhe Jiang Dong Ri Ltd Co's net assets have evolved over time, based on quarterly financial data. Also explore how large is Zhe Jiang Dong Ri Ltd Co's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Zhe Jiang Dong Ri Ltd Co (1994–2024)
The table below shows the annual net assets of Zhe Jiang Dong Ri Ltd Co from 1994 to 2024. For live valuation and market cap data, see Zhe Jiang Dong Ri Ltd Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.55 Billion ≈ $373.19 Million |
+2.66% |
| 2023-12-31 | CN¥2.48 Billion ≈ $363.54 Million |
+10.68% |
| 2022-12-31 | CN¥2.24 Billion ≈ $328.47 Million |
+4.00% |
| 2021-12-31 | CN¥2.16 Billion ≈ $315.82 Million |
+41.71% |
| 2020-12-31 | CN¥1.52 Billion ≈ $222.86 Million |
+1.82% |
| 2019-12-31 | CN¥1.50 Billion ≈ $218.88 Million |
+102.37% |
| 2018-12-31 | CN¥739.16 Million ≈ $108.16 Million |
+10.78% |
| 2017-12-31 | CN¥667.24 Million ≈ $97.64 Million |
+16.72% |
| 2016-12-31 | CN¥571.66 Million ≈ $83.65 Million |
+20.19% |
| 2015-12-31 | CN¥475.63 Million ≈ $69.60 Million |
-27.36% |
| 2014-12-31 | CN¥654.76 Million ≈ $95.81 Million |
+0.77% |
| 2013-12-31 | CN¥649.78 Million ≈ $95.08 Million |
+2.69% |
| 2012-12-31 | CN¥632.73 Million ≈ $92.59 Million |
+12.52% |
| 2011-12-31 | CN¥562.35 Million ≈ $82.29 Million |
+12.58% |
| 2010-12-31 | CN¥499.52 Million ≈ $73.10 Million |
+14.67% |
| 2009-12-31 | CN¥435.61 Million ≈ $63.74 Million |
+2.95% |
| 2008-12-31 | CN¥423.14 Million ≈ $61.92 Million |
+4.77% |
| 2007-12-31 | CN¥403.89 Million ≈ $59.10 Million |
+0.39% |
| 2006-12-31 | CN¥402.32 Million ≈ $58.87 Million |
+1.49% |
| 2005-12-31 | CN¥396.43 Million ≈ $58.01 Million |
-0.01% |
| 2004-12-31 | CN¥396.46 Million ≈ $58.01 Million |
+2.88% |
| 2003-12-31 | CN¥385.38 Million ≈ $56.39 Million |
+2.29% |
| 2002-12-31 | CN¥376.74 Million ≈ $55.13 Million |
+6.39% |
| 2001-12-31 | CN¥354.10 Million ≈ $51.82 Million |
-0.62% |
| 2000-12-31 | CN¥356.30 Million ≈ $52.14 Million |
-2.32% |
| 1999-12-31 | CN¥364.78 Million ≈ $53.38 Million |
+4.26% |
| 1998-12-31 | CN¥349.87 Million ≈ $51.20 Million |
+0.05% |
| 1997-12-31 | CN¥349.68 Million ≈ $51.17 Million |
+258.49% |
| 1996-12-31 | CN¥97.54 Million ≈ $14.27 Million |
+11.05% |
| 1995-12-31 | CN¥87.84 Million ≈ $12.85 Million |
+9.62% |
| 1994-12-31 | CN¥80.13 Million ≈ $11.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhe Jiang Dong Ri Ltd Co'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 148928043900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.49 Billion | 61.84% |
| Common Stock | CN¥418.39 Million | 17.37% |
| Other Components | CN¥500.72 Million | 20.79% |
| Total Equity | CN¥2.41 Billion | 100.00% |
Zhe Jiang Dong Ri Ltd Co Competitors by Market Cap
The table below lists competitors of Zhe Jiang Dong Ri Ltd Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haemonetics Corporation
NYSE:HAE
|
$2.75 Billion |
|
China Longyuan Power Group Corporation Limited
F:6WX
|
$2.75 Billion |
|
Perusahaan Gas Negara Persero
JK:PGAS
|
$2.76 Billion |
|
Jack Sewing
SHG:603337
|
$2.76 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
$2.75 Billion |
|
FOCI Fiber Optic Communications
TWO:3363
|
$2.75 Billion |
|
Urban Edge Properties
NYSE:UE
|
$2.75 Billion |
|
Vidrala SA
MC:VID
|
$2.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhe Jiang Dong Ri Ltd Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,332,668,694 to 2,408,382,140, a change of 75,713,446 (3.2%).
- Net income of 134,710,006 contributed positively to equity growth.
- Dividend payments of 85,570,636 reduced retained earnings.
- Other factors increased equity by 26,574,076.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥134.71 Million | +5.59% |
| Dividends Paid | CN¥85.57 Million | -3.55% |
| Other Changes | CN¥26.57 Million | +1.1% |
| Total Change | CN¥- | 3.25% |
Book Value vs Market Value Analysis
This analysis compares Zhe Jiang Dong Ri Ltd Co'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: 7.14x
- 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 194.15x to 7.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.23 | CN¥44.68 | x |
| 1995-12-31 | CN¥0.25 | CN¥44.68 | x |
| 1996-12-31 | CN¥0.28 | CN¥44.68 | x |
| 1997-12-31 | CN¥1.00 | CN¥44.68 | x |
| 1998-12-31 | CN¥1.00 | CN¥44.68 | x |
| 1999-12-31 | CN¥1.05 | CN¥44.68 | x |
| 2000-12-31 | CN¥1.02 | CN¥44.68 | x |
| 2001-12-31 | CN¥1.02 | CN¥44.68 | x |
| 2002-12-31 | CN¥1.03 | CN¥44.68 | x |
| 2003-12-31 | CN¥1.05 | CN¥44.68 | x |
| 2004-12-31 | CN¥1.08 | CN¥44.68 | x |
| 2005-12-31 | CN¥1.08 | CN¥44.68 | x |
| 2006-12-31 | CN¥1.10 | CN¥44.68 | x |
| 2007-12-31 | CN¥1.12 | CN¥44.68 | x |
| 2008-12-31 | CN¥1.15 | CN¥44.68 | x |
| 2009-12-31 | CN¥1.91 | CN¥44.68 | x |
| 2010-12-31 | CN¥1.83 | CN¥44.68 | x |
| 2011-12-31 | CN¥1.54 | CN¥44.68 | x |
| 2012-12-31 | CN¥1.61 | CN¥44.68 | x |
| 2013-12-31 | CN¥1.55 | CN¥44.68 | x |
| 2014-12-31 | CN¥1.68 | CN¥44.68 | x |
| 2015-12-31 | CN¥1.36 | CN¥44.68 | x |
| 2016-12-31 | CN¥1.62 | CN¥44.68 | x |
| 2017-12-31 | CN¥1.90 | CN¥44.68 | x |
| 2018-12-31 | CN¥2.33 | CN¥44.68 | x |
| 2019-12-31 | CN¥3.75 | CN¥44.68 | x |
| 2020-12-31 | CN¥3.56 | CN¥44.68 | x |
| 2021-12-31 | CN¥5.12 | CN¥44.68 | x |
| 2022-12-31 | CN¥5.26 | CN¥44.68 | x |
| 2023-12-31 | CN¥5.52 | CN¥44.68 | x |
| 2024-12-31 | CN¥6.26 | CN¥44.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhe Jiang Dong Ri Ltd Co 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): 5.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.64%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.50x
- Recent ROE (5.59%) is below the historical average (11.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 41.28% | 117.68% | 0.21x | 1.69x | CN¥25.06 Million |
| 1995 | 35.10% | 115.82% | 0.16x | 1.91x | CN¥22.05 Million |
| 1996 | 39.79% | 95.29% | 0.23x | 1.81x | CN¥29.05 Million |
| 1997 | 11.72% | 45.61% | 0.23x | 1.09x | CN¥6.02 Million |
| 1998 | 10.80% | 34.97% | 0.27x | 1.15x | CN¥2.80 Million |
| 1999 | 6.39% | 35.33% | 0.17x | 1.04x | CN¥-13.16 Million |
| 2000 | 4.24% | 14.94% | 0.23x | 1.22x | CN¥-20.51 Million |
| 2001 | 0.69% | 3.65% | 0.15x | 1.22x | CN¥-32.98 Million |
| 2002 | 1.25% | 10.79% | 0.10x | 1.14x | CN¥-31.38 Million |
| 2003 | 1.55% | 6.16% | 0.19x | 1.35x | CN¥-30.79 Million |
| 2004 | 2.88% | 16.00% | 0.14x | 1.31x | CN¥-26.70 Million |
| 2005 | 3.74% | 20.76% | 0.14x | 1.28x | CN¥-23.63 Million |
| 2006 | 3.69% | 20.29% | 0.13x | 1.36x | CN¥-24.18 Million |
| 2007 | 3.76% | 12.16% | 0.20x | 1.57x | CN¥-24.12 Million |
| 2008 | 4.79% | 9.22% | 0.33x | 1.55x | CN¥-20.83 Million |
| 2009 | 6.72% | 12.43% | 0.27x | 2.01x | CN¥-13.82 Million |
| 2010 | 12.47% | 18.84% | 0.29x | 2.25x | CN¥11.55 Million |
| 2011 | 13.65% | 10.01% | 0.96x | 1.42x | CN¥19.31 Million |
| 2012 | 5.11% | 9.23% | 0.39x | 1.41x | CN¥-27.24 Million |
| 2013 | 3.53% | 5.87% | 0.38x | 1.60x | CN¥-37.35 Million |
| 2014 | 13.58% | 10.98% | 0.68x | 1.82x | CN¥21.00 Million |
| 2015 | 19.50% | 9.35% | 1.12x | 1.86x | CN¥45.05 Million |
| 2016 | 17.43% | 27.77% | 0.39x | 1.61x | CN¥42.38 Million |
| 2017 | 14.42% | 27.30% | 0.35x | 1.51x | CN¥29.29 Million |
| 2018 | 14.18% | 25.04% | 0.39x | 1.44x | CN¥30.86 Million |
| 2019 | 9.34% | 27.30% | 0.26x | 1.31x | CN¥-9.58 Million |
| 2020 | 2.39% | 6.44% | 0.28x | 1.33x | CN¥-111.62 Million |
| 2021 | 30.99% | 101.08% | 0.21x | 1.45x | CN¥441.82 Million |
| 2022 | 7.41% | 17.48% | 0.32x | 1.32x | CN¥-56.11 Million |
| 2023 | 8.88% | 23.37% | 0.24x | 1.60x | CN¥-26.22 Million |
| 2024 | 5.59% | 18.64% | 0.20x | 1.50x | CN¥-106.13 Million |
Industry Comparison
This section compares Zhe Jiang Dong Ri Ltd Co's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $4,454,957,325
- Average return on equity (ROE) among peers: -44.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhe Jiang Dong Ri Ltd Co (600113) | CN¥2.68 Billion | 41.28% | 0.34x | $2.75 Billion |
| China National Complete Plant Import & Export Corp Ltd (000151) | $1.02 Billion | 13.26% | 1.38x | $584.52 Million |
| Sichuan Goldstone Orient New Material Equipment Co Ltd (300434) | $403.06 Million | 6.33% | 0.20x | $672.53 Million |
| Ningbo United Group Co Ltd (600051) | $2.66 Billion | 9.36% | 1.49x | $353.47 Million |
| Shandong Hiking International Co Ltd Class A (600735) | $59.19 Million | -306.71% | 2.42x | $464.30 Million |
| Orient Group Inc (600811) | $19.74 Billion | 3.86% | 1.41x | $192.74 Million |
| Asian Star Anchor Chain Co Ltd Jiangsu (601890) | $2.86 Billion | 5.25% | 0.35x | $1.53 Billion |
About Zhe Jiang Dong Ri Ltd Co
Zhejiang Dongri Limited Company engages in wholesale of agricultural products in China. The company is also involved in store/stall leasing; fresh food distribution business; and production and processing of soy products. The company was founded in 1997 and is based in Wenzhou, China.