Zhejiang Whwh (600576) - Net Assets

Latest as of March 2026: CN¥2.86 Billion CNY ≈ $418.44 Million USD

Based on the latest financial reports, Zhejiang Whwh (600576) has net assets worth CN¥2.86 Billion CNY (≈ $418.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.24 Billion ≈ $767.05 Million USD) and total liabilities (CN¥2.38 Billion ≈ $348.62 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 Zhejiang Whwh strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.86 Billion
% of Total Assets 54.55%
Annual Growth Rate 12.4%
5-Year Change 171.07%
10-Year Change 54.32%
Growth Volatility 61.07

Zhejiang Whwh - Net Assets Trend (1999–2025)

This chart illustrates how Zhejiang Whwh's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 600576 company net worth.

Annual Net Assets for Zhejiang Whwh (1999–2025)

The table below shows the annual net assets of Zhejiang Whwh from 1999 to 2025. Also explore Zhejiang Whwh net asset momentum to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥2.84 Billion
≈ $416.10 Million		 -6.33%
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 4090.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥2.69 Billion 104.32%
Total Equity CN¥2.58 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
Villar
TA:VILR
 $828.73 Million
Whirlpool China Co Ltd
SHG:600983
 $828.82 Million
Beijing Join-Cheer Software Co Ltd
SHE:002279
 $828.92 Million
Odfjell SE
OL:ODF
 $829.13 Million
Synektik S.A.
WAR:SNT
 $828.61 Million
BIRLASOFT LIMITED
NSE:BSOFT
 $828.60 Million
Theravance Biopharma Inc
F:0TB
 $828.57 Million
Solstad Offsho
OL:SOFF
 $828.56 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 2024 to 2025, total equity changed from 2,814,036,790 to 2,577,588,354, a change of -236,448,436 (-8.4%).
  • Net income of 113,525,509 contributed positively to equity growth.
  • Dividend payments of 47,514,163 reduced retained earnings.
  • Other factors decreased equity by 302,459,782.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥113.53 Million +4.4%
Dividends Paid CN¥47.51 Million -1.84%
Other Changes CN¥-302.46 Million -11.73%
Total Change CN¥- -8.40%

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: 2.20x
  • 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 24.43x to 2.20x 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¥5.37 x
2000-12-31 CN¥0.26 CN¥5.37 x
2001-12-31 CN¥0.32 CN¥5.37 x
2002-12-31 CN¥0.60 CN¥5.37 x
2003-12-31 CN¥1.55 CN¥5.37 x
2004-12-31 CN¥1.26 CN¥5.37 x
2005-12-31 CN¥1.09 CN¥5.37 x
2006-12-31 CN¥0.94 CN¥5.37 x
2007-12-31 CN¥1.04 CN¥5.37 x
2008-12-31 CN¥1.09 CN¥5.37 x
2009-12-31 CN¥1.13 CN¥5.37 x
2010-12-31 CN¥1.11 CN¥5.37 x
2011-12-31 CN¥1.17 CN¥5.37 x
2012-12-31 CN¥1.04 CN¥5.37 x
2013-12-31 CN¥1.09 CN¥5.37 x
2014-12-31 CN¥1.03 CN¥5.37 x
2015-12-31 CN¥3.11 CN¥5.37 x
2016-12-31 CN¥2.86 CN¥5.37 x
2017-12-31 CN¥2.88 CN¥5.37 x
2018-12-31 CN¥2.61 CN¥5.37 x
2019-12-31 CN¥1.62 CN¥5.37 x
2020-12-31 CN¥1.66 CN¥5.37 x
2021-12-31 CN¥1.73 CN¥5.37 x
2022-12-31 CN¥2.72 CN¥5.37 x
2023-12-31 CN¥2.52 CN¥5.37 x
2024-12-31 CN¥2.67 CN¥5.37 x
2025-12-31 CN¥2.44 CN¥5.37 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): 4.40%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.68%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 2.02x
  • Recent ROE (4.40%) is above the historical average (-0.09%), 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
2025 4.40% 9.68% 0.22x 2.02x CN¥-144.23 Million

Industry Comparison

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

Industry Context

  • Industry: Travel Services
  • Average net assets among peers: $828,940,528
  • Average return on equity (ROE) among peers: 10.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Whwh (600576) CN¥2.86 Billion 11.54% 0.83x $828.66 Million
Guangzhou Dongfang Hotel Co Ltd (000524) $1.46 Billion 9.35% 1.27x $875.79 Million
Hna-Caissa Travel Group Co Ltd (000796) $549.92 Million 4.54% 0.46x $842.52 Million
Emei Shan Tourism Co Ltd (000888) $1.06 Billion 17.78% 0.23x $710.90 Million
Wuhan Sante Cableway Group Co Ltd (002159) $1.30 Billion 9.79% 0.30x $349.22 Million
Beijing Utour International Travel Service Co Ltd (002707) $107.40 Million 28.40% 1.42x $731.95 Million
Western Regions Tourism Development (300859) $729.27 Million 14.48% 0.07x $535.05 Million
XiAn Qujiang Cultural Tourism Co Ltd (600706) $207.01 Million 9.62% 2.96x $304.93 Million
Changbai Mountain Tourism Co Ltd (603099) $1.02 Billion -5.49% 0.19x $1.66 Billion
Anhui Jiuhuashan Tourism Dvlp (603199) $1.02 Billion 8.09% 0.17x $523.13 Million

About Zhejiang Whwh

SHG:600576 China Travel Services
Market Cap
$828.66 Million
CN¥5.66 Billion CNY
Market Cap Rank
#9803 Global
#2567 in China
Share Price
CN¥5.37
Change (1 day)
-0.74%
52-Week Range
CN¥5.33 - CN¥8.59
All Time High
CN¥30.36
Categories
Companies in China Travel Services
About

Zhejiang Sunriver Culture Tourism Co.,Ltd. engages in the tourism business in China. The company offers tourist attractions, tourism and vacation, and tourism services; and services, including transportation, audio guides, and ticket management services, as well as operation of supporting facilities; and hotel services. It also provides tourism and cruise and itinerary tour services. In addition,… Read more