Zhejiang Longsheng Group Co Ltd

SHG:600352 China Specialty Chemicals
Market Cap
$6.62 Billion
CN¥48.60 Billion CNY
Market Cap Rank
#2942 Global
#223 in China
Share Price
CN¥14.94
Change (1 day)
-3.05%
52-Week Range
CN¥8.89 - CN¥16.73
All Time High
CN¥22.82
Categories
Companies in China Specialty Chemicals
About

Zhejiang Longsheng Group Co.,Ltd. engages in the research and development, production, and sales of chemical products. The company offers dyes, intermediates, additives, and inorganic chemicals. It is also involved in the production and sales of auto parts; and engages in the real estate development business. The company was founded in 1970 and is headquartered in Shaoxing, the People's Republic … Read more

Zhejiang Longsheng Group Co Ltd (600352) - Net Assets

Latest net assets as of September 2025: CN¥37.34 Billion CNY

Based on the latest financial reports, Zhejiang Longsheng Group Co Ltd (600352) has net assets worth CN¥37.34 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¥76.50 Billion) and total liabilities (CN¥39.15 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¥37.34 Billion
% of Total Assets 48.82%
Annual Growth Rate 23.71%
5-Year Change 23.84%
10-Year Change 147.17%
Growth Volatility 36.02

Zhejiang Longsheng Group Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Zhejiang Longsheng 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 Longsheng Group Co Ltd (2000–2024)

The table below shows the annual net assets of Zhejiang Longsheng Group Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥37.25 Billion +4.31%
2023-12-31 CN¥35.71 Billion +2.75%
2022-12-31 CN¥34.76 Billion +5.46%
2021-12-31 CN¥32.96 Billion +9.57%
2020-12-31 CN¥30.08 Billion +12.16%
2019-12-31 CN¥26.82 Billion +22.15%
2018-12-31 CN¥21.96 Billion +16.01%
2017-12-31 CN¥18.93 Billion +8.98%
2016-12-31 CN¥17.37 Billion +15.23%
2015-12-31 CN¥15.07 Billion +23.34%
2014-12-31 CN¥12.22 Billion +22.91%
2013-12-31 CN¥9.94 Billion +18.76%
2012-12-31 CN¥8.37 Billion +16.40%
2011-12-31 CN¥7.19 Billion +10.63%
2010-12-31 CN¥6.50 Billion +51.19%
2009-12-31 CN¥4.30 Billion +30.81%
2008-12-31 CN¥3.29 Billion +18.56%
2007-12-31 CN¥2.77 Billion +119.51%
2006-12-31 CN¥1.26 Billion +13.39%
2005-12-31 CN¥1.11 Billion +15.09%
2004-12-31 CN¥967.91 Million +12.95%
2003-12-31 CN¥856.91 Million +161.56%
2002-12-31 CN¥327.61 Million +23.01%
2001-12-31 CN¥266.32 Million +18.10%
2000-12-31 CN¥225.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Longsheng 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 765960.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥28.48 Billion 83.07%
Common Stock CN¥3.25 Billion 9.49%
Other Comprehensive Income CN¥1.18 Billion 3.45%
Other Components CN¥1.37 Billion 3.99%
Total Equity CN¥34.28 Billion 100.00%

Zhejiang Longsheng Group Co Ltd Competitors by Market Cap

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

Company Market Cap
Isupetasys
KO:007660
 		$4.61 Billion
Kingdee International Software Group Company Limited
PINK:KGDEF
 		$4.61 Billion
Canadian Utilities Limited
PINK:CUTLF
 		$4.62 Billion
Yunnan Tin Co Ltd
SHE:000960
 		$4.62 Billion
Cleveland-Cliffs Inc
NYSE:CLF
 		$4.60 Billion
Eva Airways Corp
TW:2618
 		$4.60 Billion
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893
 		$4.59 Billion
LTIMindtree Limited
NSE:LTM
 		$4.59 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,942,939,679 to 34,280,402,000, a change of 1,337,462,321 (4.1%).
  • Net income of 2,030,289,350 contributed positively to equity growth.
  • Dividend payments of 2,137,060,159 reduced retained earnings.
  • Other comprehensive income increased equity by 102,070,789.
  • Other factors increased equity by 1,342,162,341.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.03 Billion +5.92%
Dividends Paid CN¥2.14 Billion -6.23%
Other Comprehensive Income CN¥102.07 Million +0.3%
Other Changes CN¥1.34 Billion +3.92%
Total Change CN¥- 4.06%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Longsheng 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: 1.40x
  • 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 158.07x to 1.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.09 CN¥14.94 x
2001-12-31 CN¥0.11 CN¥14.94 x
2002-12-31 CN¥0.13 CN¥14.94 x
2003-12-31 CN¥0.35 CN¥14.94 x
2004-12-31 CN¥0.39 CN¥14.94 x
2005-12-31 CN¥0.45 CN¥14.94 x
2006-12-31 CN¥0.51 CN¥14.94 x
2007-12-31 CN¥1.14 CN¥14.94 x
2008-12-31 CN¥1.19 CN¥14.94 x
2009-12-31 CN¥1.49 CN¥14.94 x
2010-12-31 CN¥2.13 CN¥14.94 x
2011-12-31 CN¥2.30 CN¥14.94 x
2012-12-31 CN¥2.60 CN¥14.94 x
2013-12-31 CN¥3.07 CN¥14.94 x
2014-12-31 CN¥3.66 CN¥14.94 x
2015-12-31 CN¥4.31 CN¥14.94 x
2016-12-31 CN¥4.77 CN¥14.94 x
2017-12-31 CN¥5.21 CN¥14.94 x
2018-12-31 CN¥6.12 CN¥14.94 x
2019-12-31 CN¥7.70 CN¥14.94 x
2020-12-31 CN¥8.70 CN¥14.94 x
2021-12-31 CN¥9.36 CN¥14.94 x
2022-12-31 CN¥10.07 CN¥14.94 x
2023-12-31 CN¥10.44 CN¥14.94 x
2024-12-31 CN¥10.64 CN¥14.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Longsheng 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): 5.92%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.78%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 2.10x
  • Recent ROE (5.92%) is below the historical average (15.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 15.97% 5.74% 1.10x 2.52x CN¥13.33 Million
2001 22.29% 7.28% 1.32x 2.31x CN¥30.99 Million
2002 34.06% 11.31% 1.23x 2.46x CN¥72.77 Million
2003 15.26% 11.04% 0.58x 2.38x CN¥42.99 Million
2004 16.89% 11.41% 0.65x 2.29x CN¥63.99 Million
2005 16.38% 9.10% 0.85x 2.13x CN¥67.43 Million
2006 17.58% 8.69% 0.95x 2.13x CN¥91.70 Million
2007 14.26% 11.77% 0.78x 1.55x CN¥115.83 Million
2008 14.90% 11.13% 0.69x 1.94x CN¥154.65 Million
2009 16.73% 14.49% 0.49x 2.34x CN¥269.18 Million
2010 13.13% 12.06% 0.50x 2.18x CN¥191.93 Million
2011 12.02% 9.85% 0.48x 2.56x CN¥136.39 Million
2012 10.85% 10.85% 0.45x 2.24x CN¥65.34 Million
2013 14.72% 9.58% 0.74x 2.07x CN¥432.72 Million
2014 22.64% 16.72% 0.66x 2.06x CN¥1.41 Billion
2015 19.42% 18.06% 0.56x 1.93x CN¥1.30 Billion
2016 12.99% 16.42% 0.31x 2.56x CN¥466.83 Million
2017 14.60% 16.38% 0.33x 2.74x CN¥779.41 Million
2018 20.59% 21.55% 0.37x 2.61x CN¥2.11 Billion
2019 20.47% 23.51% 0.41x 2.10x CN¥2.57 Billion
2020 15.06% 26.76% 0.28x 2.03x CN¥1.40 Billion
2021 11.11% 20.25% 0.25x 2.16x CN¥337.58 Million
2022 9.34% 14.15% 0.33x 2.03x CN¥-213.38 Million
2023 4.66% 10.02% 0.23x 2.06x CN¥-1.76 Billion
2024 5.92% 12.78% 0.22x 2.10x CN¥-1.40 Billion

Industry Comparison

This section compares Zhejiang Longsheng Group Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $2,181,046,641
  • Average return on equity (ROE) among peers: 5.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Longsheng Group Co Ltd (600352) CN¥37.34 Billion 15.97% 1.05x $4.60 Billion
Chongqing Sanxia Paints Co Ltd (000565) $221.32 Million 10.55% 0.74x $286.31 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.42 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $1.24 Billion 2.83% 1.13x $360.02 Million
Luxi Chemical Group Co Ltd (000830) $11.32 Billion 15.26% 1.67x $2.27 Billion
China Minmetals Rare Earth Co Ltd (000831) $2.57 Billion -2.17% 0.02x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $1.65 Billion 5.07% 0.31x $873.36 Million
Cofco Biochemical Anhui Co Ltd (000930) $3.09 Billion 1.64% 1.12x $797.07 Million
Shandong Link Science and Technology Co Ltd (001207) $76.39 Million 0.00% 0.50x $339.46 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $172.58 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $237.12 Million