Zhejiang Whwh (600576) - Net Assets

Latest as of September 2025: CN¥3.22 Billion CNY ≈ $471.38 Million USD

Based on the latest financial reports, Zhejiang Whwh (600576) has net assets worth CN¥3.22 Billion CNY (≈ $471.38 Million 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¥5.08 Billion ≈ $743.19 Million USD) and total liabilities (CN¥1.86 Billion ≈ $271.81 Million 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 600576 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.22 Billion
% of Total Assets 63.43%
Annual Growth Rate 13.22%
5-Year Change 202.31%
10-Year Change 74.61%
Growth Volatility 62.01

Zhejiang Whwh - Net Assets Trend (1999–2024)

This chart illustrates how Zhejiang Whwh's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Whwh asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang Whwh (1999–2024)

The table below shows the annual net assets of Zhejiang Whwh from 1999 to 2024. For live valuation and market cap data, see 600576 market cap.

Year Net Assets Change
2024-12-31 CN¥3.04 Billion
≈ $444.22 Million		 +7.48%
2023-12-31 CN¥2.82 Billion
≈ $413.31 Million		 +4.34%
2022-12-31 CN¥2.71 Billion
≈ $396.12 Million		 +158.05%
2021-12-31 CN¥1.05 Billion
≈ $153.51 Million		 +4.47%
2020-12-31 CN¥1.00 Billion
≈ $146.94 Million		 +3.72%
2019-12-31 CN¥968.13 Million
≈ $141.67 Million		 -48.19%
2018-12-31 CN¥1.87 Billion
≈ $273.45 Million		 -0.52%
2017-12-31 CN¥1.88 Billion
≈ $274.89 Million		 +1.95%
2016-12-31 CN¥1.84 Billion
≈ $269.63 Million		 +5.98%
2015-12-31 CN¥1.74 Billion
≈ $254.41 Million		 +235.19%
2014-12-31 CN¥518.69 Million
≈ $75.90 Million		 -4.24%
2013-12-31 CN¥541.64 Million
≈ $79.26 Million		 -6.75%
2012-12-31 CN¥580.82 Million
≈ $84.99 Million		 +4.06%
2011-12-31 CN¥558.18 Million
≈ $81.68 Million		 +3.46%
2010-12-31 CN¥539.50 Million
≈ $78.95 Million		 -2.51%
2009-12-31 CN¥553.39 Million
≈ $80.98 Million		 +10.29%
2008-12-31 CN¥501.75 Million
≈ $73.42 Million		 -6.30%
2007-12-31 CN¥535.51 Million
≈ $78.36 Million		 +8.48%
2006-12-31 CN¥493.66 Million
≈ $72.24 Million		 +8.05%
2005-12-31 CN¥456.86 Million
≈ $66.85 Million		 -12.49%
2004-12-31 CN¥522.07 Million
≈ $76.40 Million		 -17.85%
2003-12-31 CN¥635.49 Million
≈ $92.99 Million		 +156.21%
2002-12-31 CN¥248.03 Million
≈ $36.29 Million		 +21.50%
2001-12-31 CN¥204.15 Million
≈ $29.87 Million		 +28.11%
2000-12-31 CN¥159.36 Million
≈ $23.32 Million		 +17.07%
1999-12-31 CN¥136.13 Million
≈ $19.92 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Whwh'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 decreased by 26223.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.05 Billion 37.47%
Other Components CN¥2.49 Billion 88.40%
Total Equity CN¥2.81 Billion 100.00%

Zhejiang Whwh Competitors by Market Cap

The table below lists competitors of Zhejiang Whwh ranked by their market capitalization.

Company Market Cap
Nantong Chaoda Equipment Co.Ltd.
SHE:301186
 $901.22 Million
ABCELLERA BIOLOGICS
F:8QQ
 $901.24 Million
US Physicalrapy Inc
NYSE:USPH
 $901.45 Million
Smarter Microelectronics (Guangzhou) Co. Ltd. A
SHG:688512
 $901.74 Million
Shenyu Communication Technology Inc
SHE:300563
 $901.11 Million
LGI Homes
NASDAQ:LGIH
 $901.03 Million
Jiangsu Lianhuan Pharmaceutical Co Ltd
SHG:600513
 $901.01 Million
Orezone Gold Corporation
AU:ORE
 $900.95 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,728,822,357 to 2,814,036,790, a change of 85,214,433 (3.1%).
  • Net income of 146,550,210 contributed positively to equity growth.
  • Dividend payments of 17,046,757 reduced retained earnings.
  • Share repurchases of 59,967,358 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥146.55 Million +5.21%
Dividends Paid CN¥17.05 Million -0.61%
Share Repurchases CN¥59.97 Million -2.13%
Other Changes CN¥15.68 Million +0.56%
Total Change CN¥- 3.12%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Whwh'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: 2.19x
  • 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 26.57x to 2.19x 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¥0.22 CN¥5.84 x
2000-12-31 CN¥0.26 CN¥5.84 x
2001-12-31 CN¥0.32 CN¥5.84 x
2002-12-31 CN¥0.60 CN¥5.84 x
2003-12-31 CN¥1.55 CN¥5.84 x
2004-12-31 CN¥1.26 CN¥5.84 x
2005-12-31 CN¥1.09 CN¥5.84 x
2006-12-31 CN¥0.94 CN¥5.84 x
2007-12-31 CN¥1.04 CN¥5.84 x
2008-12-31 CN¥1.09 CN¥5.84 x
2009-12-31 CN¥1.13 CN¥5.84 x
2010-12-31 CN¥1.11 CN¥5.84 x
2011-12-31 CN¥1.17 CN¥5.84 x
2012-12-31 CN¥1.04 CN¥5.84 x
2013-12-31 CN¥1.09 CN¥5.84 x
2014-12-31 CN¥1.03 CN¥5.84 x
2015-12-31 CN¥3.11 CN¥5.84 x
2016-12-31 CN¥2.86 CN¥5.84 x
2017-12-31 CN¥2.88 CN¥5.84 x
2018-12-31 CN¥2.61 CN¥5.84 x
2019-12-31 CN¥1.62 CN¥5.84 x
2020-12-31 CN¥1.66 CN¥5.84 x
2021-12-31 CN¥1.73 CN¥5.84 x
2022-12-31 CN¥2.72 CN¥5.84 x
2023-12-31 CN¥2.52 CN¥5.84 x
2024-12-31 CN¥2.67 CN¥5.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Whwh 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): 5.21%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.96%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.63x
  • Recent ROE (5.21%) is above the historical average (-0.26%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 11.54% 3.71% 1.14x 2.73x CN¥2.10 Million
2000 24.52% 6.36% 1.12x 3.43x CN¥23.09 Million
2001 21.39% 5.19% 1.37x 3.01x CN¥22.43 Million
2002 18.67% 5.29% 1.18x 2.98x CN¥20.85 Million
2003 5.01% 3.41% 0.59x 2.49x CN¥-31.24 Million
2004 -18.89% -9.72% 0.78x 2.48x CN¥-147.42 Million
2005 -15.95% -6.55% 0.95x 2.57x CN¥-114.23 Million
2006 1.45% 0.53% 0.84x 3.26x CN¥-38.16 Million
2007 7.44% 7.86% 0.37x 2.59x CN¥-12.39 Million
2008 3.77% 4.46% 0.49x 1.74x CN¥-31.20 Million
2009 5.61% 9.72% 0.40x 1.46x CN¥-24.26 Million
2010 -4.91% -7.95% 0.54x 1.15x CN¥-80.32 Million
2011 3.48% 7.99% 0.25x 1.72x CN¥-36.37 Million
2012 -13.12% -314.03% 0.02x 1.82x CN¥-114.02 Million
2013 1.66% 10.41% 0.11x 1.43x CN¥-41.80 Million
2014 -2.91% -118.72% 0.02x 1.33x CN¥-62.84 Million
2015 1.61% 7.63% 0.19x 1.12x CN¥-144.16 Million
2016 5.95% 15.17% 0.37x 1.07x CN¥-73.91 Million
2017 4.87% 11.55% 0.38x 1.11x CN¥-96.33 Million
2018 0.77% 1.98% 0.35x 1.11x CN¥-172.15 Million
2019 -85.27% -202.06% 0.35x 1.21x CN¥-953.42 Million
2020 1.85% 8.16% 0.20x 1.13x CN¥-83.59 Million
2021 3.15% 7.68% 0.37x 1.12x CN¥-73.45 Million
2022 0.73% 4.24% 0.14x 1.26x CN¥-247.94 Million
2023 5.54% 20.95% 0.20x 1.35x CN¥-121.59 Million
2024 5.21% 16.96% 0.19x 1.63x CN¥-134.85 Million

Industry Comparison

This section compares Zhejiang Whwh's net assets metrics with peer companies in the Entertainment industry.

Industry Context

  • Industry: Entertainment
  • Average net assets among peers: $2,430,914,216
  • Average return on equity (ROE) among peers: -36.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Whwh (600576) CN¥3.22 Billion 11.54% 0.58x $901.19 Million
Wasu Media Holding Co Ltd (000156) $186.56 Million -157.58% 5.43x $2.06 Billion
Huawen Media Investment Corp (000793) $525.29 Million -134.83% 3.76x $783.26 Million
Beijing Jingxi Culture&Tourism Co Ltd (000802) $2.49 Billion -93.05% 0.84x $513.32 Million
CITIC Guoan Information Industry Co Ltd (000839) $5.48 Billion 1.19% 0.98x $1.93 Billion
Guangdong Alpha Animation and Culture Co Ltd (002292) $4.09 Billion 2.93% 0.53x $1.76 Billion
Ciwen Media Co Ltd (002343) $2.71 Billion 15.10% 0.99x $438.07 Million
Perfect World Co Ltd (002624) $486.22 Million 11.14% 0.44x $4.98 Billion
Wanda Cinema Line Corp (002739) $7.22 Billion -26.65% 2.70x $2.98 Billion
Shanghai Lisheng Racing Co Ltd (002858) $815.59 Million 2.04% 0.39x $405.13 Million
Guangzhou Jinyi Media Corp (002905) $310.59 Million 14.44% 4.18x $512.13 Million

About Zhejiang Whwh

SHG:600576 China Entertainment
Market Cap
$901.19 Million
CN¥6.16 Billion CNY
Market Cap Rank
#9698 Global
#2745 in China
Share Price
CN¥5.84
Change (1 day)
+3.18%
52-Week Range
CN¥5.66 - CN¥10.75
All Time High
CN¥30.36
Categories
Companies in China Entertainment
About

Zhejiang Sunriver Culture Tourism Co.,Ltd. engages in the tourism, animation film and television, cultural, and digital technology businesses in China. It offers tourism services, including scenic spot services, hotel services, zoo business, software and hardware integration construction, digital operation and technical services for smart cultural tourism projects, and tourism and vacation servic… Read more