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. Also explore Zhejiang Whwh asset portfolio for the complete picture of this company's asset base.

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. Check 600576 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Zhejiang Whwh (1999–2025)

The table below shows the annual net assets of Zhejiang Whwh from 1999 to 2025. For live valuation and market cap data, see 600576 stock market capitalisation.

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
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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
Amphastar P
NASDAQ:AMPH
$854.96 Million
Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA
$855.27 Million
Barclays PLC
LSE:BARC
$856.00 Million
Xiamen Guang Pu Electronics Co Ltd
SHE:300632
$856.09 Million
Theravance Biopharma Inc
NASDAQ:TBPH
$854.78 Million
Nanjing Red Sun Co Ltd
SHE:000525
$854.74 Million
Indus Holding AG
XETRA:INH
$854.67 Million
Shandong Rike Chemical
SHE:300214
$854.46 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: 2.27x
  • 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 25.21x to 2.27x 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¥5.54 x
2000-12-31 CN¥0.26 CN¥5.54 x
2001-12-31 CN¥0.32 CN¥5.54 x
2002-12-31 CN¥0.60 CN¥5.54 x
2003-12-31 CN¥1.55 CN¥5.54 x
2004-12-31 CN¥1.26 CN¥5.54 x
2005-12-31 CN¥1.09 CN¥5.54 x
2006-12-31 CN¥0.94 CN¥5.54 x
2007-12-31 CN¥1.04 CN¥5.54 x
2008-12-31 CN¥1.09 CN¥5.54 x
2009-12-31 CN¥1.13 CN¥5.54 x
2010-12-31 CN¥1.11 CN¥5.54 x
2011-12-31 CN¥1.17 CN¥5.54 x
2012-12-31 CN¥1.04 CN¥5.54 x
2013-12-31 CN¥1.09 CN¥5.54 x
2014-12-31 CN¥1.03 CN¥5.54 x
2015-12-31 CN¥3.11 CN¥5.54 x
2016-12-31 CN¥2.86 CN¥5.54 x
2017-12-31 CN¥2.88 CN¥5.54 x
2018-12-31 CN¥2.61 CN¥5.54 x
2019-12-31 CN¥1.62 CN¥5.54 x
2020-12-31 CN¥1.66 CN¥5.54 x
2021-12-31 CN¥1.73 CN¥5.54 x
2022-12-31 CN¥2.72 CN¥5.54 x
2023-12-31 CN¥2.52 CN¥5.54 x
2024-12-31 CN¥2.67 CN¥5.54 x
2025-12-31 CN¥2.44 CN¥5.54 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 Entertainment industry.

Industry Context

  • Industry: Entertainment
  • Average net assets among peers: $2,681,401,515
  • Average return on equity (ROE) among peers: 12.80%

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 $854.90 Million
Wasu Media Holding Co Ltd (000156) $-573.74 Million 0.00% 0.00x $1.85 Billion
Huawen Media Investment Corp (000793) $7.28 Billion 13.42% 0.49x $648.82 Million
Beijing Jingxi Culture&Tourism Co Ltd (000802) $1.70 Billion -45.18% 1.66x $447.32 Million
CITIC Guoan Information Industry Co Ltd (000839) $5.48 Billion 1.19% 0.98x $1.67 Billion
Guangdong Alpha Animation and Culture Co Ltd (002292) $254.15 Million 50.61% 0.78x $1.76 Billion
Ciwen Media Co Ltd (002343) $400.14 Million 12.44% 0.91x $354.20 Million
Perfect World Co Ltd (002624) $64.48 Million 38.76% 1.69x $3.26 Billion
Wanda Cinema Line Corp (002739) $11.71 Billion 12.94% 0.98x $2.79 Billion
Shanghai Lisheng Racing Co Ltd (002858) $418.54 Million 9.73% 0.14x $276.33 Million
Guangzhou Jinyi Media Corp (002905) $86.70 Million 34.05% 26.40x $415.76 Million

About Zhejiang Whwh

SHG:600576 China Entertainment
Market Cap
$854.90 Million
CN¥5.84 Billion CNY
Market Cap Rank
#9593 Global
#2445 in China
Share Price
CN¥5.54
Change (1 day)
-0.89%
52-Week Range
CN¥5.34 - CN¥8.75
All Time High
CN¥30.36
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