Shanghai Zhenhua Heavy Industries Co Ltd A

SHG:600320 China Specialty Industrial Machinery
Market Cap
$2.44 Billion
CN¥17.91 Billion CNY
Market Cap Rank
#4857 Global
#549 in China
Share Price
CN¥5.39
Change (1 day)
+2.08%
52-Week Range
CN¥3.83 - CN¥5.61
All Time High
CN¥5.61
Categories
Companies in China Specialty Industrial Machinery
About

Shanghai Zhenhua Heavy Industries Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of heavy-duty equipment in Chinese Mainland, rest of Asia, Africa, North America, Europe, South America, Oceania, and internationally. The company offers port machinery, including STS crane, RMG/RTG crane, bulk-cargo machinery, port mobile handling machinery, and automated terminal; of… Read more

Shanghai Zhenhua Heavy Industries Co Ltd A (600320) - Net Assets

Latest net assets as of September 2025: CN¥18.08 Billion CNY

Based on the latest financial reports, Shanghai Zhenhua Heavy Industries Co Ltd A (600320) has net assets worth CN¥18.08 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¥82.20 Billion) and total liabilities (CN¥64.12 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¥18.08 Billion
% of Total Assets 21.99%
Annual Growth Rate 19.95%
5-Year Change 7.3%
10-Year Change 16.06%
Growth Volatility 46.08

Shanghai Zhenhua Heavy Industries Co Ltd A - Net Assets Trend (1994–2024)

This chart illustrates how Shanghai Zhenhua Heavy Industries Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Zhenhua Heavy Industries Co Ltd A (1994–2024)

The table below shows the annual net assets of Shanghai Zhenhua Heavy Industries Co Ltd A from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥18.32 Billion -2.89%
2023-12-31 CN¥18.87 Billion +4.11%
2022-12-31 CN¥18.12 Billion +2.68%
2021-12-31 CN¥17.65 Billion +3.37%
2020-12-31 CN¥17.08 Billion -8.05%
2019-12-31 CN¥18.57 Billion +5.44%
2018-12-31 CN¥17.61 Billion +4.66%
2017-12-31 CN¥16.83 Billion +2.07%
2016-12-31 CN¥16.49 Billion +4.44%
2015-12-31 CN¥15.79 Billion +5.52%
2014-12-31 CN¥14.96 Billion +1.68%
2013-12-31 CN¥14.71 Billion +2.06%
2012-12-31 CN¥14.42 Billion -7.00%
2011-12-31 CN¥15.50 Billion -0.59%
2010-12-31 CN¥15.59 Billion -3.52%
2009-12-31 CN¥16.16 Billion +2.41%
2008-12-31 CN¥15.78 Billion +39.53%
2007-12-31 CN¥11.31 Billion +86.77%
2006-12-31 CN¥6.06 Billion +27.49%
2005-12-31 CN¥4.75 Billion +37.01%
2004-12-31 CN¥3.47 Billion +62.78%
2003-12-31 CN¥2.13 Billion +14.99%
2002-12-31 CN¥1.85 Billion +2.53%
2001-12-31 CN¥1.81 Billion +5.91%
2000-12-31 CN¥1.71 Billion +106.17%
1999-12-31 CN¥827.44 Million +4.41%
1998-12-31 CN¥792.49 Million +7.22%
1997-12-31 CN¥739.13 Million +106.52%
1996-12-31 CN¥357.89 Million +206.97%
1995-12-31 CN¥116.59 Million +49.18%
1994-12-31 CN¥78.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Zhenhua Heavy Industries Co Ltd A'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 29305.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.53 Billion 22.22%
Common Stock CN¥5.27 Billion 33.20%
Other Components CN¥7.07 Billion 44.58%
Total Equity CN¥15.87 Billion 100.00%

Shanghai Zhenhua Heavy Industries Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Zhenhua Heavy Industries Co Ltd A ranked by their market capitalization.

Company Market Cap
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
 		$2.08 Billion
OneSpaWorld Holdings Ltd
NASDAQ:OSW
 		$2.08 Billion
RH
NYSE:RH
 		$2.08 Billion
BENEFIT SYSTEMS ZY 1
F:3ZV
 		$2.08 Billion
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318
 		$2.08 Billion
Shenergy Co Ltd
SHG:600642
 		$2.08 Billion
Hutchison Port Holdings Trust
PINK:HUPHY
 		$2.08 Billion
Kaori Heat Treatment Co Ltd
TW:8996
 		$2.08 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Zhenhua Heavy Industries Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 15,756,552,794 to 15,867,534,000, a change of 110,981,206 (0.7%).
  • Net income of 533,524,077 contributed positively to equity growth.
  • Dividend payments of 1,109,044,215 reduced retained earnings.
  • Other factors increased equity by 686,501,344.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥533.52 Million +3.36%
Dividends Paid CN¥1.11 Billion -6.99%
Other Changes CN¥686.50 Million +4.33%
Total Change CN¥- 0.70%

Book Value vs Market Value Analysis

This analysis compares Shanghai Zhenhua Heavy Industries Co Ltd A'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: 1.81x
  • 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 332.31x to 1.81x 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¥0.02 CN¥5.39 x
1995-12-31 CN¥0.02 CN¥5.39 x
1996-12-31 CN¥0.07 CN¥5.39 x
1997-12-31 CN¥0.15 CN¥5.39 x
1998-12-31 CN¥0.16 CN¥5.39 x
1999-12-31 CN¥0.17 CN¥5.39 x
2000-12-31 CN¥0.35 CN¥5.39 x
2001-12-31 CN¥0.37 CN¥5.39 x
2002-12-31 CN¥0.38 CN¥5.39 x
2003-12-31 CN¥0.44 CN¥5.39 x
2004-12-31 CN¥0.72 CN¥5.39 x
2005-12-31 CN¥0.95 CN¥5.39 x
2006-12-31 CN¥1.22 CN¥5.39 x
2007-12-31 CN¥2.18 CN¥5.39 x
2008-12-31 CN¥2.92 CN¥5.39 x
2009-12-31 CN¥2.98 CN¥5.39 x
2010-12-31 CN¥2.93 CN¥5.39 x
2011-12-31 CN¥4.19 CN¥5.39 x
2012-12-31 CN¥2.72 CN¥5.39 x
2013-12-31 CN¥2.59 CN¥5.39 x
2014-12-31 CN¥3.05 CN¥5.39 x
2015-12-31 CN¥2.92 CN¥5.39 x
2016-12-31 CN¥2.98 CN¥5.39 x
2017-12-31 CN¥3.00 CN¥5.39 x
2018-12-31 CN¥2.74 CN¥5.39 x
2019-12-31 CN¥2.95 CN¥5.39 x
2020-12-31 CN¥2.77 CN¥5.39 x
2021-12-31 CN¥1.96 CN¥5.39 x
2022-12-31 CN¥2.88 CN¥5.39 x
2023-12-31 CN¥3.03 CN¥5.39 x
2024-12-31 CN¥2.97 CN¥5.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Zhenhua Heavy Industries Co Ltd A 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): 3.36%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.55%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 5.41x
  • Recent ROE (3.36%) is below the historical average (9.64%), 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 35.28% 10.12% 0.38x 9.19x CN¥19.76 Million
1995 39.56% 9.92% 0.54x 7.40x CN¥34.46 Million
1996 24.05% 12.74% 0.58x 3.28x CN¥50.22 Million
1997 15.87% 13.82% 0.46x 2.48x CN¥43.37 Million
1998 10.97% 8.03% 0.55x 2.51x CN¥7.71 Million
1999 10.90% 6.60% 0.60x 2.75x CN¥7.46 Million
2000 7.29% 5.76% 0.56x 2.27x CN¥-46.26 Million
2001 10.61% 6.64% 0.65x 2.47x CN¥11.00 Million
2002 7.40% 4.46% 0.59x 2.81x CN¥-48.10 Million
2003 13.05% 6.00% 0.64x 3.42x CN¥64.82 Million
2004 12.57% 6.05% 0.60x 3.45x CN¥88.95 Million
2005 26.42% 9.98% 0.87x 3.06x CN¥750.40 Million
2006 27.32% 9.53% 0.86x 3.35x CN¥1.02 Billion
2007 18.80% 8.71% 0.82x 2.62x CN¥978.12 Million
2008 16.81% 9.39% 0.51x 3.50x CN¥1.04 Billion
2009 5.31% 3.05% 0.54x 3.23x CN¥-741.37 Million
2010 -4.55% -4.06% 0.38x 2.97x CN¥-2.22 Billion
2011 0.20% 0.16% 0.43x 2.89x CN¥-1.49 Billion
2012 -7.34% -5.72% 0.39x 3.29x CN¥-2.46 Billion
2013 0.96% 0.60% 0.47x 3.39x CN¥-1.31 Billion
2014 1.37% 0.79% 0.45x 3.80x CN¥-1.28 Billion
2015 1.43% 0.91% 0.39x 3.97x CN¥-1.27 Billion
2016 1.40% 0.87% 0.40x 4.00x CN¥-1.31 Billion
2017 2.00% 1.37% 0.32x 4.50x CN¥-1.20 Billion
2018 2.92% 2.03% 0.31x 4.65x CN¥-1.08 Billion
2019 3.31% 2.09% 0.33x 4.79x CN¥-1.04 Billion
2020 2.90% 1.86% 0.29x 5.44x CN¥-1.03 Billion
2021 2.93% 1.69% 0.33x 5.23x CN¥-1.06 Billion
2022 2.45% 1.23% 0.39x 5.16x CN¥-1.14 Billion
2023 3.30% 1.58% 0.39x 5.39x CN¥-1.06 Billion
2024 3.36% 1.55% 0.40x 5.41x CN¥-1.05 Billion

Industry Comparison

This section compares Shanghai Zhenhua Heavy Industries Co Ltd A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Zhenhua Heavy Industries Co Ltd A (600320) CN¥18.08 Billion 35.28% 3.55x $2.08 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million