Zhejiang Orient Holdings Co Ltd
Zhejiang Orient Holdings Group Co., Ltd. engages in the financial and quasi-financial businesses in the People's Republic of China. The company is involved in trust, financial leasing, and fund management and investment businesses. It also provides commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, and risk management services; and life insu… Read more
Zhejiang Orient Holdings Co Ltd (600120) - Net Assets
Latest net assets as of September 2025: CN¥18.50 Billion CNY
Based on the latest financial reports, Zhejiang Orient Holdings Co Ltd (600120) has net assets worth CN¥18.50 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¥58.22 Billion) and total liabilities (CN¥39.72 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¥18.50 Billion |
| % of Total Assets | 31.78% |
| Annual Growth Rate | 17.07% |
| 5-Year Change | 22.54% |
| 10-Year Change | 206.5% |
| Growth Volatility | 26.89 |
Zhejiang Orient Holdings Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Zhejiang Orient Holdings 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 Orient Holdings Co Ltd (1994–2024)
The table below shows the annual net assets of Zhejiang Orient Holdings Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.70 Billion | +0.54% |
| 2023-12-31 | CN¥17.61 Billion | -0.16% |
| 2022-12-31 | CN¥17.64 Billion | +26.08% |
| 2021-12-31 | CN¥13.99 Billion | -3.17% |
| 2020-12-31 | CN¥14.45 Billion | +19.58% |
| 2019-12-31 | CN¥12.08 Billion | +23.04% |
| 2018-12-31 | CN¥9.82 Billion | -8.40% |
| 2017-12-31 | CN¥10.72 Billion | +60.89% |
| 2016-12-31 | CN¥6.66 Billion | +15.34% |
| 2015-12-31 | CN¥5.78 Billion | +18.23% |
| 2014-12-31 | CN¥4.89 Billion | -4.39% |
| 2013-12-31 | CN¥5.11 Billion | +16.33% |
| 2012-12-31 | CN¥4.39 Billion | +29.47% |
| 2011-12-31 | CN¥3.39 Billion | +7.41% |
| 2010-12-31 | CN¥3.16 Billion | +118.20% |
| 2009-12-31 | CN¥1.45 Billion | +5.72% |
| 2008-12-31 | CN¥1.37 Billion | -3.90% |
| 2007-12-31 | CN¥1.43 Billion | +9.25% |
| 2006-12-31 | CN¥1.30 Billion | +0.37% |
| 2005-12-31 | CN¥1.30 Billion | +10.51% |
| 2004-12-31 | CN¥1.18 Billion | +4.98% |
| 2003-12-31 | CN¥1.12 Billion | +9.22% |
| 2002-12-31 | CN¥1.03 Billion | +23.61% |
| 2001-12-31 | CN¥829.82 Million | +20.90% |
| 2000-12-31 | CN¥686.35 Million | +79.98% |
| 1999-12-31 | CN¥381.35 Million | +11.84% |
| 1998-12-31 | CN¥340.99 Million | +24.18% |
| 1997-12-31 | CN¥274.60 Million | +58.53% |
| 1996-12-31 | CN¥173.22 Million | +5.74% |
| 1995-12-31 | CN¥163.81 Million | +4.68% |
| 1994-12-31 | CN¥156.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Orient Holdings 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 878418.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.47 Billion | 54.07% |
| Common Stock | CN¥3.42 Billion | 21.80% |
| Other Comprehensive Income | CN¥2.00 Billion | 12.77% |
| Other Components | CN¥1.78 Billion | 11.35% |
| Total Equity | CN¥15.66 Billion | 100.00% |
Zhejiang Orient Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Orient Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
$1.29 Billion |
|
GRUPO COM.CHEDRAUI B CL.I
F:2GCB
|
$1.29 Billion |
|
QL Resources Bhd
KLSE:7084
|
$1.29 Billion |
|
Universal Corporation
NYSE:UVV
|
$1.29 Billion |
|
Guangxi Guitang Group Co Ltd
SHE:000833
|
$1.29 Billion |
|
Ardelyx Inc
NASDAQ:ARDX
|
$1.29 Billion |
|
Bharti Hexacom Ltd
NSE:BHARTIHEXA
|
$1.29 Billion |
|
Ola Electric Mobility Ltd
NSE:OLAELEC
|
$1.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Orient Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,698,758,052 to 15,664,243,000, a change of -34,515,052 (-0.2%).
- Net income of 936,338,943 contributed positively to equity growth.
- Dividend payments of 351,007,462 reduced retained earnings.
- Share repurchases of 256,505,198 reduced equity.
- Other comprehensive income increased equity by 2,000,742,000.
- Other factors decreased equity by 2,364,083,335.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥936.34 Million | +5.98% |
| Dividends Paid | CN¥351.01 Million | -2.24% |
| Share Repurchases | CN¥256.51 Million | -1.64% |
| Other Comprehensive Income | CN¥2.00 Billion | +12.77% |
| Other Changes | CN¥-2.36 Billion | -15.09% |
| Total Change | CN¥- | -0.22% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Orient Holdings 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: 1.32x
- 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 56.55x to 1.32x 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¥0.11 | CN¥6.16 | x |
| 1995-12-31 | CN¥0.11 | CN¥6.16 | x |
| 1996-12-31 | CN¥0.12 | CN¥6.16 | x |
| 1997-12-31 | CN¥0.19 | CN¥6.16 | x |
| 1998-12-31 | CN¥0.23 | CN¥6.16 | x |
| 1999-12-31 | CN¥0.25 | CN¥6.16 | x |
| 2000-12-31 | CN¥0.43 | CN¥6.16 | x |
| 2001-12-31 | CN¥0.49 | CN¥6.16 | x |
| 2002-12-31 | CN¥0.57 | CN¥6.16 | x |
| 2003-12-31 | CN¥0.65 | CN¥6.16 | x |
| 2004-12-31 | CN¥0.69 | CN¥6.16 | x |
| 2005-12-31 | CN¥0.69 | CN¥6.16 | x |
| 2006-12-31 | CN¥0.55 | CN¥6.16 | x |
| 2007-12-31 | CN¥0.61 | CN¥6.16 | x |
| 2008-12-31 | CN¥0.59 | CN¥6.16 | x |
| 2009-12-31 | CN¥0.63 | CN¥6.16 | x |
| 2010-12-31 | CN¥1.55 | CN¥6.16 | x |
| 2011-12-31 | CN¥1.57 | CN¥6.16 | x |
| 2012-12-31 | CN¥1.95 | CN¥6.16 | x |
| 2013-12-31 | CN¥2.33 | CN¥6.16 | x |
| 2014-12-31 | CN¥2.22 | CN¥6.16 | x |
| 2015-12-31 | CN¥2.74 | CN¥6.16 | x |
| 2016-12-31 | CN¥3.00 | CN¥6.16 | x |
| 2017-12-31 | CN¥5.40 | CN¥6.16 | x |
| 2018-12-31 | CN¥3.72 | CN¥6.16 | x |
| 2019-12-31 | CN¥3.91 | CN¥6.16 | x |
| 2020-12-31 | CN¥4.71 | CN¥6.16 | x |
| 2021-12-31 | CN¥4.59 | CN¥6.16 | x |
| 2022-12-31 | CN¥5.08 | CN¥6.16 | x |
| 2023-12-31 | CN¥4.53 | CN¥6.16 | x |
| 2024-12-31 | CN¥4.68 | CN¥6.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Orient Holdings 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): 5.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.42%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.07x
- Recent ROE (5.98%) is below the historical average (10.47%), 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 | 15.40% | 1.60% | 2.40x | 3.99x | CN¥8.43 Million |
| 1995 | 15.68% | 1.93% | 2.41x | 3.37x | CN¥9.31 Million |
| 1996 | 14.40% | 1.91% | 2.70x | 2.80x | CN¥7.61 Million |
| 1997 | 15.54% | 3.09% | 2.80x | 1.79x | CN¥15.18 Million |
| 1998 | 14.41% | 2.59% | 2.69x | 2.07x | CN¥14.36 Million |
| 1999 | 18.14% | 2.52% | 3.15x | 2.29x | CN¥29.10 Million |
| 2000 | 13.81% | 2.73% | 2.36x | 2.14x | CN¥23.43 Million |
| 2001 | 14.83% | 3.32% | 1.98x | 2.26x | CN¥33.62 Million |
| 2002 | 14.14% | 3.19% | 1.49x | 2.97x | CN¥34.04 Million |
| 2003 | 10.29% | 1.88% | 1.98x | 2.76x | CN¥2.72 Million |
| 2004 | 6.33% | 1.21% | 1.93x | 2.72x | CN¥-36.19 Million |
| 2005 | 9.09% | 1.48% | 2.47x | 2.49x | CN¥-8.96 Million |
| 2006 | 9.33% | 1.84% | 1.85x | 2.73x | CN¥-6.84 Million |
| 2007 | 10.64% | 2.18% | 1.91x | 2.55x | CN¥7.43 Million |
| 2008 | 7.34% | 1.67% | 1.57x | 2.78x | CN¥-29.87 Million |
| 2009 | 9.02% | 2.50% | 1.09x | 3.30x | CN¥-11.52 Million |
| 2010 | 7.16% | 4.37% | 0.67x | 2.46x | CN¥-82.08 Million |
| 2011 | 7.41% | 3.05% | 0.92x | 2.65x | CN¥-76.94 Million |
| 2012 | 10.97% | 5.04% | 0.81x | 2.69x | CN¥35.46 Million |
| 2013 | 13.97% | 5.62% | 0.92x | 2.69x | CN¥172.87 Million |
| 2014 | 14.89% | 5.96% | 0.92x | 2.71x | CN¥202.62 Million |
| 2015 | 11.48% | 7.64% | 0.68x | 2.21x | CN¥75.99 Million |
| 2016 | 11.46% | 12.58% | 0.52x | 1.76x | CN¥93.73 Million |
| 2017 | 7.18% | 7.33% | 0.51x | 1.91x | CN¥-283.13 Million |
| 2018 | 7.63% | 6.57% | 0.58x | 1.99x | CN¥-219.05 Million |
| 2019 | 7.09% | 6.85% | 0.54x | 1.92x | CN¥-329.38 Million |
| 2020 | 6.62% | 5.69% | 0.59x | 1.96x | CN¥-460.29 Million |
| 2021 | 4.93% | 3.71% | 0.60x | 2.20x | CN¥-673.47 Million |
| 2022 | 6.10% | 4.76% | 0.54x | 2.38x | CN¥-605.09 Million |
| 2023 | 3.41% | 3.30% | 0.41x | 2.52x | CN¥-1.03 Billion |
| 2024 | 5.98% | 11.42% | 0.17x | 3.07x | CN¥-630.09 Million |
Industry Comparison
This section compares Zhejiang Orient Holdings Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,508,882,438
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Orient Holdings Co Ltd (600120) | CN¥18.50 Billion | 15.40% | 2.15x | $1.29 Billion |
| Shenzhen Textile Holdings Co Ltd (000045) | $0.00 | 0.00% | 0.00x | $445.23 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $2.43 Billion | 0.48% | 1.35x | $2.85 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $4.33 Billion | -2.11% | 1.43x | $1.26 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $4.67 Billion | 2.23% | 0.69x | $327.11 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.73 Billion | 1.75% | 1.49x | $1.19 Billion |
| Xinlong Holding Group Co Ltd (000955) | $150.00 Million | 20.59% | 2.22x | $285.47 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $378.81 Million | 21.65% | 0.42x | $107.66 Million |
| Anhui Guqi Down & Feather (001390) | $745.51 Million | 16.34% | 0.61x | $28.96K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $7.24 Billion | 9.36% | 1.21x | $575.93 Million |
| Sunvim Group Co Ltd (002083) | $3.42 Billion | 11.87% | 1.48x | $820.96 Million |