Zhuzhou Times New Material Technology Co Ltd (600458) - Net Assets

Latest as of September 2025: CN¥8.52 Billion CNY ≈ $1.25 Billion USD

Based on the latest financial reports, Zhuzhou Times New Material Technology Co Ltd (600458) has net assets worth CN¥8.52 Billion CNY (≈ $1.25 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¥26.84 Billion ≈ $3.93 Billion USD) and total liabilities (CN¥18.32 Billion ≈ $2.68 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 Zhuzhou Times New Material Technology Co liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.52 Billion
% of Total Assets	31.75%
Annual Growth Rate	21.16%
5-Year Change	37.73%
10-Year Change	43.5%
Growth Volatility	69.98

Zhuzhou Times New Material Technology Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how Zhuzhou Times New Material Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600458 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Zhuzhou Times New Material Technology Co Ltd (1999–2024)

The table below shows the annual net assets of Zhuzhou Times New Material Technology Co Ltd from 1999 to 2024. For live valuation and market cap data, see Zhuzhou Times New Material Technology Co (600458) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥6.80 Billion ≈ $995.25 Million	+4.20%
2023-12-31	CN¥6.53 Billion ≈ $955.10 Million	+3.13%
2022-12-31	CN¥6.33 Billion ≈ $926.07 Million	+26.86%
2021-12-31	CN¥4.99 Billion ≈ $730.00 Million	+1.02%
2020-12-31	CN¥4.94 Billion ≈ $722.63 Million	+8.66%
2019-12-31	CN¥4.54 Billion ≈ $665.03 Million	-5.15%
2018-12-31	CN¥4.79 Billion ≈ $701.13 Million	-4.45%
2017-12-31	CN¥5.01 Billion ≈ $733.78 Million	+2.30%
2016-12-31	CN¥4.90 Billion ≈ $717.27 Million	+3.42%
2015-12-31	CN¥4.74 Billion ≈ $693.56 Million	+60.53%
2014-12-31	CN¥2.95 Billion ≈ $432.03 Million	-5.65%
2013-12-31	CN¥3.13 Billion ≈ $457.91 Million	+70.54%
2012-12-31	CN¥1.83 Billion ≈ $268.50 Million	+6.11%
2011-12-31	CN¥1.73 Billion ≈ $253.03 Million	+17.33%
2010-12-31	CN¥1.47 Billion ≈ $215.65 Million	+180.00%
2009-12-31	CN¥526.32 Million ≈ $77.02 Million	+17.31%
2008-12-31	CN¥448.67 Million ≈ $65.65 Million	+8.39%
2007-12-31	CN¥413.94 Million ≈ $60.57 Million	+7.74%
2006-12-31	CN¥384.21 Million ≈ $56.22 Million	+0.07%
2005-12-31	CN¥383.96 Million ≈ $56.18 Million	+6.88%
2004-12-31	CN¥359.23 Million ≈ $52.57 Million	-0.64%
2003-12-31	CN¥361.53 Million ≈ $52.90 Million	+14.42%
2002-12-31	CN¥315.96 Million ≈ $46.23 Million	+320.39%
2001-12-31	CN¥75.16 Million ≈ $11.00 Million	+30.46%
2000-12-31	CN¥57.61 Million ≈ $8.43 Million	+2.86%
1999-12-31	CN¥56.01 Million ≈ $8.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhuzhou Times New Material Technology 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 20516.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.93 Billion	31.66%
Common Stock	CN¥824.45 Million	13.54%
Other Comprehensive Income	CN¥222.17 Million	3.65%
Other Components	CN¥3.11 Billion	51.15%
Total Equity	CN¥6.09 Billion	100.00%

Zhuzhou Times New Material Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Zhuzhou Times New Material Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
Jinlongyu Group Co Ltd Class A SHE:002882	$1.70 Billion
Zhejiang Construction Investment Group Co Ltd SHE:002761	$1.70 Billion
Hanmi Science KO:008930	$1.70 Billion
Chacha Food Co Ltd SHE:002557	$1.70 Billion
Ventive Hospitality Ltd NSE:VENTIVE	$1.70 Billion
Vcanbio Cell & Gene Engineering Corp Ltd SHG:600645	$1.70 Billion
Shenzhen Microgate Technology Co Ltd SHE:300319	$1.70 Billion
Acuren Corporation NYSE:TIC	$1.70 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhuzhou Times New Material Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,794,702,202 to 6,088,516,643, a change of 293,814,441 (5.1%).
Net income of 444,861,157 contributed positively to equity growth.
Dividend payments of 203,435,537 reduced retained earnings.
Other comprehensive income increased equity by 395,768,105.
Other factors decreased equity by 343,379,284.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥444.86 Million	+7.31%
Dividends Paid	CN¥203.44 Million	-3.34%
Other Comprehensive Income	CN¥395.77 Million	+6.5%
Other Changes	CN¥-343.38 Million	-5.64%
Total Change	CN¥-	5.07%

Book Value vs Market Value Analysis

This analysis compares Zhuzhou Times New Material Technology 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: 1.69x
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 89.20x to 1.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-12-31	CN¥0.14	CN¥12.49	x
2000-12-31	CN¥0.14	CN¥12.49	x
2001-12-31	CN¥0.19	CN¥12.49	x
2002-12-31	CN¥0.81	CN¥12.49	x
2003-12-31	CN¥0.89	CN¥12.49	x
2004-12-31	CN¥0.88	CN¥12.49	x
2005-12-31	CN¥0.94	CN¥12.49	x
2006-12-31	CN¥0.81	CN¥12.49	x
2007-12-31	CN¥0.84	CN¥12.49	x
2008-12-31	CN¥0.91	CN¥12.49	x
2009-12-31	CN¥1.08	CN¥12.49	x
2010-12-31	CN¥2.82	CN¥12.49	x
2011-12-31	CN¥3.02	CN¥12.49	x
2012-12-31	CN¥3.51	CN¥12.49	x
2013-12-31	CN¥5.30	CN¥12.49	x
2014-12-31	CN¥4.44	CN¥12.49	x
2015-12-31	CN¥7.12	CN¥12.49	x
2016-12-31	CN¥5.95	CN¥12.49	x
2017-12-31	CN¥6.34	CN¥12.49	x
2018-12-31	CN¥5.84	CN¥12.49	x
2019-12-31	CN¥5.59	CN¥12.49	x
2020-12-31	CN¥5.95	CN¥12.49	x
2021-12-31	CN¥6.03	CN¥12.49	x
2022-12-31	CN¥6.88	CN¥12.49	x
2023-12-31	CN¥7.20	CN¥12.49	x
2024-12-31	CN¥7.39	CN¥12.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhuzhou Times New Material Technology 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): 7.31%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.22%
• Asset Turnover: 0.98x
• Equity Multiplier: 3.37x
Recent ROE (7.31%) is below the historical average (8.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	22.15%	19.49%	0.67x	1.69x	CN¥6.53 Million
2000	20.84%	14.27%	0.82x	1.79x	CN¥5.95 Million
2001	23.16%	16.42%	0.75x	1.89x	CN¥9.52 Million
2002	8.17%	16.10%	0.41x	1.25x	CN¥-5.68 Million
2003	9.01%	14.86%	0.42x	1.45x	CN¥-3.37 Million
2004	0.70%	0.76%	0.53x	1.73x	CN¥-31.47 Million
2005	6.22%	5.56%	0.64x	1.74x	CN¥-13.69 Million
2006	6.29%	4.62%	0.72x	1.90x	CN¥-13.99 Million
2007	8.59%	4.89%	0.83x	2.11x	CN¥-5.71 Million
2008	10.72%	4.52%	0.94x	2.53x	CN¥3.19 Million
2009	18.38%	6.27%	0.91x	3.23x	CN¥43.53 Million
2010	13.55%	8.59%	0.81x	1.95x	CN¥52.20 Million
2011	13.87%	6.80%	0.92x	2.21x	CN¥65.05 Million
2012	8.82%	4.24%	0.88x	2.37x	CN¥-21.01 Million
2013	3.96%	2.92%	0.74x	1.83x	CN¥-185.11 Million
2014	2.48%	1.19%	0.58x	3.56x	CN¥-217.30 Million
2015	5.47%	2.36%	0.83x	2.80x	CN¥-211.30 Million
2016	5.04%	2.08%	0.88x	2.77x	CN¥-239.95 Million
2017	1.42%	0.61%	0.80x	2.94x	CN¥-418.54 Million
2018	-9.08%	-3.56%	0.84x	3.04x	CN¥-897.05 Million
2019	2.01%	0.76%	0.79x	3.35x	CN¥-358.58 Million
2020	6.83%	2.17%	0.94x	3.35x	CN¥-151.34 Million
2021	3.75%	1.29%	0.86x	3.37x	CN¥-302.60 Million
2022	6.45%	2.37%	0.87x	3.12x	CN¥-195.97 Million
2023	6.66%	2.20%	0.96x	3.15x	CN¥-193.31 Million
2024	7.31%	2.22%	0.98x	3.37x	CN¥-163.99 Million

Industry Comparison

This section compares Zhuzhou Times New Material Technology Co Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $3,304,082,868
Average return on equity (ROE) among peers: -7.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhuzhou Times New Material Technology Co Ltd (600458)	CN¥8.52 Billion	22.15%	2.15x	$1.70 Billion
China Baoan Group Co Ltd (000009)	$21.72 Billion	0.79%	1.48x	$3.25 Billion
Yunding Technology Co Ltd (000409)	$1.28 Billion	-35.07%	2.00x	$1.03 Billion
Create Technology & Science Co Ltd (000551)	$500.09 Million	0.51%	1.08x	$1.21 Billion
Sundiro Holding Co Ltd (000571)	$848.57 Million	1.48%	0.18x	$672.89 Million
Guangdong Ganhua Science & Industry Co Ltd (000576)	$727.38 Million	0.31%	1.01x	$576.03 Million
Macrolink Real Estate Co Ltd (000620)	$4.34 Billion	-89.75%	8.94x	$2.61 Billion
Tianjin Economic-technological Development Area Co Ltd (000652)	$267.20 Million	26.72%	2.17x	$952.22 Million
CHTC Helon Co Ltd (000677)	$691.97 Million	0.95%	0.25x	$414.68 Million
Gansu Yatai Industrial Development Co Ltd (000691)	$180.32 Million	11.41%	0.90x	$569.07 Million
Hunan Fazhan Industrial Co Ltd (000722)	$2.49 Billion	7.77%	0.22x	$988.25 Million

About Zhuzhou Times New Material Technology Co Ltd

SHG:600458 China Conglomerates

Market Cap

$1.70 Billion

CN¥11.63 Billion CNY

Market Cap Rank

#6942 Global

#1642 in China

Share Price

CN¥12.49

Change (1 day)

+1.54%

52-Week Range

CN¥11.21 - CN¥16.72

All Time High

CN¥20.16