Zhejiang Orient Holdings Co Ltd (600120) - Net Assets

Latest as of September 2025: CN¥18.50 Billion CNY ≈ $2.71 Billion USD

Based on the latest financial reports, Zhejiang Orient Holdings Co Ltd (600120) has net assets worth CN¥18.50 Billion CNY (≈ $2.71 Billion 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¥58.22 Billion ≈ $8.52 Billion USD) and total liabilities (CN¥39.72 Billion ≈ $5.81 Billion 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 how resilient are Zhejiang Orient Holdings Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 600120 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Zhejiang Orient Holdings Co Ltd (600120) market capitalisation.

Year Net Assets Change
2024-12-31 CN¥17.70 Billion
≈ $2.59 Billion		 +0.54%
2023-12-31 CN¥17.61 Billion
≈ $2.58 Billion		 -0.16%
2022-12-31 CN¥17.64 Billion
≈ $2.58 Billion		 +26.08%
2021-12-31 CN¥13.99 Billion
≈ $2.05 Billion		 -3.17%
2020-12-31 CN¥14.45 Billion
≈ $2.11 Billion		 +19.58%
2019-12-31 CN¥12.08 Billion
≈ $1.77 Billion		 +23.04%
2018-12-31 CN¥9.82 Billion
≈ $1.44 Billion		 -8.40%
2017-12-31 CN¥10.72 Billion
≈ $1.57 Billion		 +60.89%
2016-12-31 CN¥6.66 Billion
≈ $974.96 Million		 +15.34%
2015-12-31 CN¥5.78 Billion
≈ $845.26 Million		 +18.23%
2014-12-31 CN¥4.89 Billion
≈ $714.94 Million		 -4.39%
2013-12-31 CN¥5.11 Billion
≈ $747.78 Million		 +16.33%
2012-12-31 CN¥4.39 Billion
≈ $642.83 Million		 +29.47%
2011-12-31 CN¥3.39 Billion
≈ $496.51 Million		 +7.41%
2010-12-31 CN¥3.16 Billion
≈ $462.28 Million		 +118.20%
2009-12-31 CN¥1.45 Billion
≈ $211.86 Million		 +5.72%
2008-12-31 CN¥1.37 Billion
≈ $200.40 Million		 -3.90%
2007-12-31 CN¥1.43 Billion
≈ $208.54 Million		 +9.25%
2006-12-31 CN¥1.30 Billion
≈ $190.89 Million		 +0.37%
2005-12-31 CN¥1.30 Billion
≈ $190.18 Million		 +10.51%
2004-12-31 CN¥1.18 Billion
≈ $172.10 Million		 +4.98%
2003-12-31 CN¥1.12 Billion
≈ $163.93 Million		 +9.22%
2002-12-31 CN¥1.03 Billion
≈ $150.10 Million		 +23.61%
2001-12-31 CN¥829.82 Million
≈ $121.43 Million		 +20.90%
2000-12-31 CN¥686.35 Million
≈ $100.43 Million		 +79.98%
1999-12-31 CN¥381.35 Million
≈ $55.80 Million		 +11.84%
1998-12-31 CN¥340.99 Million
≈ $49.90 Million		 +24.18%
1997-12-31 CN¥274.60 Million
≈ $40.18 Million		 +58.53%
1996-12-31 CN¥173.22 Million
≈ $25.35 Million		 +5.74%
1995-12-31 CN¥163.81 Million
≈ $23.97 Million		 +4.68%
1994-12-31 CN¥156.49 Million
≈ $22.90 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
SEB SA UNSP.ADR EO-01
F:GRB0
 $2.79 Billion
Guangdong Tonze Electric Co Ltd
SHE:002759
 $2.79 Billion
Ta Chen Stainless Pipe Co Ltd
TW:2027
 $2.80 Billion
Lifestance Health Group Inc
NASDAQ:LFST
 $2.80 Billion
Deppon Logistics Co Ltd
SHG:603056
 $2.79 Billion
Timken India Limited
NSE:TIMKEN
 $2.79 Billion
Vincom Retail JSC
VN:VRE
 $2.79 Billion
Nanjing ESTUN Automation Co Ltd
SHE:002747
 $2.79 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: 1.19x
  • 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 51.32x to 1.19x 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¥5.59 x
1995-12-31 CN¥0.11 CN¥5.59 x
1996-12-31 CN¥0.12 CN¥5.59 x
1997-12-31 CN¥0.19 CN¥5.59 x
1998-12-31 CN¥0.23 CN¥5.59 x
1999-12-31 CN¥0.25 CN¥5.59 x
2000-12-31 CN¥0.43 CN¥5.59 x
2001-12-31 CN¥0.49 CN¥5.59 x
2002-12-31 CN¥0.57 CN¥5.59 x
2003-12-31 CN¥0.65 CN¥5.59 x
2004-12-31 CN¥0.69 CN¥5.59 x
2005-12-31 CN¥0.69 CN¥5.59 x
2006-12-31 CN¥0.55 CN¥5.59 x
2007-12-31 CN¥0.61 CN¥5.59 x
2008-12-31 CN¥0.59 CN¥5.59 x
2009-12-31 CN¥0.63 CN¥5.59 x
2010-12-31 CN¥1.55 CN¥5.59 x
2011-12-31 CN¥1.57 CN¥5.59 x
2012-12-31 CN¥1.95 CN¥5.59 x
2013-12-31 CN¥2.33 CN¥5.59 x
2014-12-31 CN¥2.22 CN¥5.59 x
2015-12-31 CN¥2.74 CN¥5.59 x
2016-12-31 CN¥3.00 CN¥5.59 x
2017-12-31 CN¥5.40 CN¥5.59 x
2018-12-31 CN¥3.72 CN¥5.59 x
2019-12-31 CN¥3.91 CN¥5.59 x
2020-12-31 CN¥4.71 CN¥5.59 x
2021-12-31 CN¥4.59 CN¥5.59 x
2022-12-31 CN¥5.08 CN¥5.59 x
2023-12-31 CN¥4.53 CN¥5.59 x
2024-12-31 CN¥4.68 CN¥5.59 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: $2,135,331,381
  • Average return on equity (ROE) among peers: 4.06%

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 $2.79 Billion
Shenzhen Textile Holdings Co Ltd (000045) $493.25 Million 7.71% 0.63x $803.19 Million
Shijiazhuang Changshan Textile Co Ltd (000158) $2.33 Billion 3.23% 0.84x $4.02 Billion
Jilin Chemical Fibre Co Ltd (000420) $3.11 Billion -7.50% 1.79x $1.84 Billion
Lu Thai Textile Co Ltd (000726) $1.28 Billion 8.92% 0.16x $566.63 Million
Anhui Huamao Textile Co Ltd (000850) $4.47 Billion 3.10% 0.66x $626.92 Million
Xinxiang Chemical Fiber Co Ltd (000949) $1.87 Billion 7.82% 1.38x $1.96 Billion
Xinlong Holding Group Co Ltd (000955) $202.80 Million -14.16% 2.29x $409.68 Million
Huafu Top Dyed Melange Yarn Co Ltd (002042) $3.08 Billion 13.23% 1.43x $1.23 Billion
Sunvim Group Co Ltd (002083) $3.42 Billion 11.87% 1.48x $1.57 Billion
Hongda High-Tech Holding Co Ltd (002144) $1.10 Billion 6.35% 0.32x $368.59 Million

About Zhejiang Orient Holdings Co Ltd

SHG:600120 China Textile Manufacturing
Market Cap
$2.79 Billion
CN¥19.09 Billion CNY
Market Cap Rank
#5162 Global
#1008 in China
Share Price
CN¥5.59
Change (1 day)
-1.76%
52-Week Range
CN¥5.46 - CN¥7.41
All Time High
CN¥566.38
Categories
Companies in China Textile Manufacturing
About

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