Zhejiang Yankon Group Co Ltd

SHG:600261 China Electrical Equipment & Parts
Market Cap
$718.73 Million
CN¥5.27 Billion CNY
Market Cap Rank
#11903 Global
#2894 in China
Share Price
CN¥3.95
Change (1 day)
-1.50%
52-Week Range
CN¥2.86 - CN¥4.01
All Time High
CN¥6.47
Categories
Companies in China Electrical Equipment & Parts
About

Zhejiang Yankon Group Co., Ltd. engages in the research and development, production, and sales of lighting appliances in China. Its products include LED lighting products and lighting control systems, covering commercial lighting, home lighting, office lighting, outdoor lighting, track lighting, industrial lighting, educational lighting, and other general lighting, as well as emergency lighting, … Read more

Zhejiang Yankon Group Co Ltd (600261) - Net Assets

Latest net assets as of September 2025: CN¥3.50 Billion CNY

Based on the latest financial reports, Zhejiang Yankon Group Co Ltd (600261) has net assets worth CN¥3.50 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¥5.06 Billion) and total liabilities (CN¥1.55 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¥3.50 Billion
% of Total Assets 69.3%
Annual Growth Rate 15.02%
5-Year Change -9.97%
10-Year Change 16.7%
Growth Volatility 79.1

Zhejiang Yankon Group Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Zhejiang Yankon Group 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 Yankon Group Co Ltd (1997–2024)

The table below shows the annual net assets of Zhejiang Yankon Group Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.55 Billion -2.40%
2023-12-31 CN¥3.64 Billion +0.67%
2022-12-31 CN¥3.61 Billion -2.44%
2021-12-31 CN¥3.70 Billion -6.08%
2020-12-31 CN¥3.94 Billion +4.92%
2019-12-31 CN¥3.76 Billion +0.66%
2018-12-31 CN¥3.74 Billion +7.02%
2017-12-31 CN¥3.49 Billion +5.61%
2016-12-31 CN¥3.30 Billion +8.59%
2015-12-31 CN¥3.04 Billion +7.28%
2014-12-31 CN¥2.84 Billion +7.23%
2013-12-31 CN¥2.65 Billion +8.19%
2012-12-31 CN¥2.45 Billion +75.87%
2011-12-31 CN¥1.39 Billion +16.76%
2010-12-31 CN¥1.19 Billion +10.32%
2009-12-31 CN¥1.08 Billion -1.35%
2008-12-31 CN¥1.09 Billion +8.91%
2007-12-31 CN¥1.00 Billion +15.08%
2006-12-31 CN¥872.97 Million +13.94%
2005-12-31 CN¥766.15 Million +6.59%
2004-12-31 CN¥718.78 Million +11.88%
2003-12-31 CN¥642.45 Million +7.86%
2002-12-31 CN¥595.63 Million +4.73%
2001-12-31 CN¥568.72 Million +14.88%
2000-12-31 CN¥495.07 Million +421.31%
1999-12-31 CN¥94.97 Million +12.14%
1998-12-31 CN¥84.69 Million +4.25%
1997-12-31 CN¥81.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Yankon Group 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 163828200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.64 Billion 46.46%
Common Stock CN¥1.34 Billion 37.93%
Other Comprehensive Income CN¥530.31 Million 15.07%
Other Components CN¥18.98 Million 0.54%
Total Equity CN¥3.52 Billion 100.00%

Zhejiang Yankon Group Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Yankon Group Co Ltd ranked by their market capitalization.

Company Market Cap
enCore Energy Corp.
V:EU
 		$361.16 Million
Shandong Lubei Chemical Co Ltd
SHG:600727
 		$361.21 Million
INDIA SHELTER FINANCE CORPORATION LIMITED
NSE:INDIASHLTR
 		$361.35 Million
Tong Ren Tang Technologies Co. Ltd
PINK:TGRNF
 		$361.38 Million
Hite Jinro
KO:000080
 		$360.95 Million
Ningbo Techmation Co Ltd
SHG:603015
 		$360.86 Million
Venturex Resources Ltd (Australia)
PINK:VTEXF
 		$360.74 Million
Hootech Inc.
SHE:301026
 		$360.64 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Yankon Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,609,543,000 to 3,519,426,000, a change of -90,117,000 (-2.5%).
  • Net income of 203,019,000 contributed positively to equity growth.
  • Dividend payments of 183,974,000 reduced retained earnings.
  • Share repurchases of 120,003,466 reduced equity.
  • Other comprehensive income increased equity by 527,533,773.
  • Other factors decreased equity by 516,692,307.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥203.02 Million +5.77%
Dividends Paid CN¥183.97 Million -5.23%
Share Repurchases CN¥120.00 Million -3.41%
Other Comprehensive Income CN¥527.53 Million +14.99%
Other Changes CN¥-516.69 Million -14.68%
Total Change CN¥- -2.50%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Yankon Group 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: 1.52x
  • 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 51.33x to 1.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.08 CN¥3.95 x
1998-12-31 CN¥0.08 CN¥3.95 x
1999-12-31 CN¥0.09 CN¥3.95 x
2000-12-31 CN¥0.46 CN¥3.95 x
2001-12-31 CN¥0.51 CN¥3.95 x
2002-12-31 CN¥0.53 CN¥3.95 x
2003-12-31 CN¥0.57 CN¥3.95 x
2004-12-31 CN¥0.64 CN¥3.95 x
2005-12-31 CN¥0.67 CN¥3.95 x
2006-12-31 CN¥0.82 CN¥3.95 x
2007-12-31 CN¥0.72 CN¥3.95 x
2008-12-31 CN¥0.78 CN¥3.95 x
2009-12-31 CN¥0.80 CN¥3.95 x
2010-12-31 CN¥0.88 CN¥3.95 x
2011-12-31 CN¥1.03 CN¥3.95 x
2012-12-31 CN¥1.64 CN¥3.95 x
2013-12-31 CN¥1.73 CN¥3.95 x
2014-12-31 CN¥1.87 CN¥3.95 x
2015-12-31 CN¥2.04 CN¥3.95 x
2016-12-31 CN¥2.17 CN¥3.95 x
2017-12-31 CN¥2.32 CN¥3.95 x
2018-12-31 CN¥2.41 CN¥3.95 x
2019-12-31 CN¥2.59 CN¥3.95 x
2020-12-31 CN¥2.75 CN¥3.95 x
2021-12-31 CN¥2.67 CN¥3.95 x
2022-12-31 CN¥2.53 CN¥3.95 x
2023-12-31 CN¥2.68 CN¥3.95 x
2024-12-31 CN¥2.60 CN¥3.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Yankon Group 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): 5.77%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.39%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 1.50x
  • Recent ROE (5.77%) is below the historical average (12.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 22.02% 12.88% 0.64x 2.69x CN¥9.76 Million
1998 23.72% 13.85% 0.59x 2.89x CN¥11.62 Million
1999 30.09% 16.84% 0.57x 3.15x CN¥19.08 Million
2000 9.52% 15.36% 0.46x 1.36x CN¥-2.37 Million
2001 11.83% 11.00% 0.76x 1.41x CN¥9.94 Million
2002 8.26% 11.33% 0.47x 1.56x CN¥-9.68 Million
2003 8.42% 9.93% 0.55x 1.55x CN¥-9.58 Million
2004 8.62% 7.89% 0.65x 1.68x CN¥-9.30 Million
2005 11.32% 7.32% 0.82x 1.89x CN¥9.35 Million
2006 14.14% 7.06% 0.98x 2.05x CN¥32.88 Million
2007 12.33% 6.46% 0.92x 2.07x CN¥21.30 Million
2008 10.41% 5.42% 0.97x 1.98x CN¥4.05 Million
2009 11.91% 6.91% 0.79x 2.17x CN¥19.31 Million
2010 16.27% 8.37% 0.81x 2.39x CN¥69.98 Million
2011 17.33% 9.56% 0.74x 2.44x CN¥95.17 Million
2012 8.94% 8.11% 0.63x 1.74x CN¥-24.85 Million
2013 9.26% 7.31% 0.72x 1.75x CN¥-18.47 Million
2014 10.71% 8.86% 0.73x 1.65x CN¥19.07 Million
2015 12.72% 8.73% 0.84x 1.73x CN¥79.58 Million
2016 14.31% 10.29% 0.78x 1.78x CN¥136.19 Million
2017 12.06% 7.96% 0.78x 1.95x CN¥68.44 Million
2018 10.81% 6.85% 0.85x 1.86x CN¥28.80 Million
2019 12.97% 9.11% 0.84x 1.70x CN¥110.91 Million
2020 12.36% 10.05% 0.74x 1.65x CN¥92.67 Million
2021 8.60% 7.41% 0.69x 1.67x CN¥-51.43 Million
2022 5.13% 4.93% 0.67x 1.55x CN¥-174.49 Million
2023 5.97% 7.00% 0.57x 1.49x CN¥-145.61 Million
2024 5.77% 6.39% 0.60x 1.50x CN¥-148.92 Million

Industry Comparison

This section compares Zhejiang Yankon Group Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $1,441,846,436
  • Average return on equity (ROE) among peers: 9.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Yankon Group Co Ltd (600261) CN¥3.50 Billion 22.02% 0.44x $361.00 Million
XJ Electric Co Ltd (000400) $2.33 Billion 4.98% 1.00x $2.59 Billion
Guangdong Macro Co Ltd (000533) $598.74 Million 0.58% 4.38x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $557.50 Million 13.45% 0.65x $370.62 Million
Huagong Tech Co Ltd (000988) $1.16 Billion 4.84% 1.06x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $883.83 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.84 Billion 29.48% 0.99x $1.66 Billion
Guangdong Xinyaguang Cable Co (001382) $915.55 Million 12.10% 0.81x $193.26 Million
Sieyuan Electric Co Ltd (002028) $4.71 Billion 6.26% 0.61x $14.43 Billion
Shanghai Welltech Automation Co Ltd (002058) $218.98 Million 10.86% 0.64x $218.23 Million
Gotion High tech Co Ltd (002074) $467.84 Million 5.86% 0.80x $5.23 Billion