Zhejiang Juhua Co Ltd (600160) - Net Assets
Based on the latest financial reports, Zhejiang Juhua Co Ltd (600160) has net assets worth CN¥22.96 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¥34.25 Billion) and total liabilities (CN¥11.29 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¥22.96 Billion |
| % of Total Assets | 67.03% |
| Annual Growth Rate | 16.3% |
| 5-Year Change | 49.11% |
| 10-Year Change | 163.44% |
| Growth Volatility | 40.23 |
Zhejiang Juhua Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Zhejiang Juhua 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 Juhua Co Ltd (1996–2024)
The table below shows the annual net assets of Zhejiang Juhua Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.19 Billion | +17.18% |
| 2023-12-31 | CN¥16.38 Billion | +3.75% |
| 2022-12-31 | CN¥15.78 Billion | +15.79% |
| 2021-12-31 | CN¥13.63 Billion | +5.92% |
| 2020-12-31 | CN¥12.87 Billion | -2.62% |
| 2019-12-31 | CN¥13.22 Billion | +2.57% |
| 2018-12-31 | CN¥12.89 Billion | +18.41% |
| 2017-12-31 | CN¥10.88 Billion | +4.25% |
| 2016-12-31 | CN¥10.44 Billion | +43.30% |
| 2015-12-31 | CN¥7.28 Billion | +0.01% |
| 2014-12-31 | CN¥7.28 Billion | -2.62% |
| 2013-12-31 | CN¥7.48 Billion | +28.03% |
| 2012-12-31 | CN¥5.84 Billion | +1.68% |
| 2011-12-31 | CN¥5.75 Billion | +121.34% |
| 2010-12-31 | CN¥2.60 Billion | +26.13% |
| 2009-12-31 | CN¥2.06 Billion | +0.68% |
| 2008-12-31 | CN¥2.04 Billion | +2.91% |
| 2007-12-31 | CN¥1.99 Billion | +10.03% |
| 2006-12-31 | CN¥1.81 Billion | +8.21% |
| 2005-12-31 | CN¥1.67 Billion | +8.44% |
| 2004-12-31 | CN¥1.54 Billion | +7.44% |
| 2003-12-31 | CN¥1.43 Billion | +8.45% |
| 2002-12-31 | CN¥1.32 Billion | -0.73% |
| 2001-12-31 | CN¥1.33 Billion | +32.62% |
| 2000-12-31 | CN¥1.00 Billion | +2.02% |
| 1999-12-31 | CN¥983.14 Million | +12.17% |
| 1998-12-31 | CN¥876.51 Million | +190.77% |
| 1997-12-31 | CN¥301.44 Million | +7.70% |
| 1996-12-31 | CN¥279.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Juhua 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 921102743900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.21 Billion | 51.77% |
| Common Stock | CN¥2.70 Billion | 15.17% |
| Other Comprehensive Income | CN¥1.65 Billion | 9.26% |
| Other Components | CN¥4.23 Billion | 23.79% |
| Total Equity | CN¥17.79 Billion | 100.00% |
Zhejiang Juhua Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Juhua Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canara Bank
NSE:CANBK
|
$13.75 Billion |
|
Shanghai United Imaging Healthcare Co. Ltd. A
SHG:688271
|
$13.75 Billion |
|
SK Innovation
KO:096770
|
$13.77 Billion |
|
Solar Industries India Limited
NSE:SOLARINDS
|
$13.77 Billion |
|
Host Hotels & Resorts Inc
NASDAQ:HST
|
$13.73 Billion |
|
XPeng Inc
PINK:XPNGF
|
$13.73 Billion |
|
Hitachi Energy India Limited
NSE:POWERINDIA
|
$13.70 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
$13.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Juhua Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,074,822,915 to 17,791,591,563, a change of 1,716,768,648 (10.7%).
- Net income of 1,959,534,858 contributed positively to equity growth.
- Dividend payments of 406,710,790 reduced retained earnings.
- Other comprehensive income increased equity by 131,332,398.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.96 Billion | +11.01% |
| Dividends Paid | CN¥406.71 Million | -2.29% |
| Other Comprehensive Income | CN¥131.33 Million | +0.74% |
| Other Changes | CN¥32.61 Million | +0.18% |
| Total Change | CN¥- | 10.68% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Juhua 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: 5.28x
- 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 231.07x to 5.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.15 | CN¥34.80 | x |
| 1997-12-31 | CN¥0.16 | CN¥34.80 | x |
| 1998-12-31 | CN¥0.48 | CN¥34.80 | x |
| 1999-12-31 | CN¥0.54 | CN¥34.80 | x |
| 2000-12-31 | CN¥0.55 | CN¥34.80 | x |
| 2001-12-31 | CN¥0.74 | CN¥34.80 | x |
| 2002-12-31 | CN¥0.73 | CN¥34.80 | x |
| 2003-12-31 | CN¥0.79 | CN¥34.80 | x |
| 2004-12-31 | CN¥0.84 | CN¥34.80 | x |
| 2005-12-31 | CN¥0.90 | CN¥34.80 | x |
| 2006-12-31 | CN¥0.97 | CN¥34.80 | x |
| 2007-12-31 | CN¥1.06 | CN¥34.80 | x |
| 2008-12-31 | CN¥1.09 | CN¥34.80 | x |
| 2009-12-31 | CN¥1.12 | CN¥34.80 | x |
| 2010-12-31 | CN¥1.37 | CN¥34.80 | x |
| 2011-12-31 | CN¥2.83 | CN¥34.80 | x |
| 2012-12-31 | CN¥3.16 | CN¥34.80 | x |
| 2013-12-31 | CN¥4.08 | CN¥34.80 | x |
| 2014-12-31 | CN¥3.09 | CN¥34.80 | x |
| 2015-12-31 | CN¥3.11 | CN¥34.80 | x |
| 2016-12-31 | CN¥4.24 | CN¥34.80 | x |
| 2017-12-31 | CN¥3.93 | CN¥34.80 | x |
| 2018-12-31 | CN¥4.56 | CN¥34.80 | x |
| 2019-12-31 | CN¥4.74 | CN¥34.80 | x |
| 2020-12-31 | CN¥4.63 | CN¥34.80 | x |
| 2021-12-31 | CN¥4.94 | CN¥34.80 | x |
| 2022-12-31 | CN¥5.73 | CN¥34.80 | x |
| 2023-12-31 | CN¥5.96 | CN¥34.80 | x |
| 2024-12-31 | CN¥6.59 | CN¥34.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Juhua 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): 11.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.01%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.57x
- Recent ROE (11.01%) is below the historical average (11.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 38.32% | 8.95% | 1.25x | 3.41x | CN¥76.55 Million |
| 1997 | 39.20% | 10.10% | 1.17x | 3.32x | CN¥83.86 Million |
| 1998 | 11.95% | 9.97% | 0.77x | 1.56x | CN¥16.66 Million |
| 1999 | 11.75% | 10.08% | 0.76x | 1.54x | CN¥16.82 Million |
| 2000 | 11.19% | 8.87% | 0.66x | 1.91x | CN¥11.67 Million |
| 2001 | 7.97% | 8.30% | 0.53x | 1.80x | CN¥-26.83 Million |
| 2002 | 6.62% | 5.71% | 0.60x | 1.93x | CN¥-44.37 Million |
| 2003 | 8.11% | 6.27% | 0.66x | 1.94x | CN¥-26.81 Million |
| 2004 | 9.74% | 5.91% | 0.79x | 2.08x | CN¥-3.93 Million |
| 2005 | 11.82% | 6.21% | 0.90x | 2.11x | CN¥29.39 Million |
| 2006 | 9.42% | 4.28% | 1.02x | 2.17x | CN¥-10.03 Million |
| 2007 | 10.88% | 3.98% | 1.27x | 2.15x | CN¥16.72 Million |
| 2008 | 4.49% | 1.64% | 1.25x | 2.18x | CN¥-107.54 Million |
| 2009 | 4.66% | 2.50% | 0.90x | 2.06x | CN¥-106.22 Million |
| 2010 | 23.93% | 10.69% | 1.16x | 1.93x | CN¥341.44 Million |
| 2011 | 30.90% | 21.27% | 1.20x | 1.21x | CN¥1.18 Billion |
| 2012 | 10.52% | 6.81% | 1.35x | 1.14x | CN¥30.07 Million |
| 2013 | 3.39% | 2.60% | 1.01x | 1.29x | CN¥-492.84 Million |
| 2014 | 2.24% | 1.66% | 1.09x | 1.23x | CN¥-563.29 Million |
| 2015 | 2.23% | 1.70% | 1.04x | 1.27x | CN¥-563.83 Million |
| 2016 | 1.45% | 1.50% | 0.85x | 1.14x | CN¥-890.32 Million |
| 2017 | 8.39% | 6.58% | 1.07x | 1.20x | CN¥-174.11 Million |
| 2018 | 17.10% | 13.75% | 1.03x | 1.21x | CN¥894.05 Million |
| 2019 | 6.97% | 5.60% | 1.04x | 1.19x | CN¥-390.13 Million |
| 2020 | 0.76% | 0.59% | 1.02x | 1.26x | CN¥-1.15 Billion |
| 2021 | 8.32% | 6.17% | 1.01x | 1.34x | CN¥-224.28 Million |
| 2022 | 15.39% | 11.08% | 0.95x | 1.46x | CN¥833.89 Million |
| 2023 | 5.87% | 4.57% | 0.88x | 1.45x | CN¥-663.98 Million |
| 2024 | 11.01% | 8.01% | 0.88x | 1.57x | CN¥180.38 Million |
Industry Comparison
This section compares Zhejiang Juhua Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,634,138,327
- Average return on equity (ROE) among peers: -6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Juhua Co Ltd (600160) | CN¥22.96 Billion | 38.32% | 0.49x | $13.75 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $12.12 Billion | -23.06% | 1.32x | $1.25 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $29.41 Billion | 15.56% | 3.49x | $11.14 Billion |
| Zangge Holding Co Ltd (000408) | $463.16 Million | -7.55% | 1.32x | $19.09 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.39 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $674.19 Million | 1.08% | 0.85x | $886.71 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $183.23 Million | -107.49% | 2.00x | $480.43 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $945.21 Million | 9.46% | 0.35x | $342.33 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $301.99 Million | 22.52% | 1.96x | $455.70 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $509.95 Million |
About Zhejiang Juhua Co Ltd
Zhejiang Juhua Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells chemical raw materials, food packaging materials, fluorine chemical raw materials, and subsequent products in China. It also engages in production, sales, wholesale, and retails of refrigerants, fluorine-containing polymer materials, fluorine fine chemicals, petrochemical materials, basic chemicals… Read more