Henan Zhongfu Industrial Co Ltd
Henan Zhongfu Industrial Co.,Ltd processes, manufactures, and sells electrolytic aluminum and aluminum products in China. The company offers carbon series products; industrial investment, investment management, enterprise management consulting, and coal mine investment services; and new product and new material technology research, achievement transfer, process design, and related technical consu… Read more
Henan Zhongfu Industrial Co Ltd (600595) - Net Assets
Latest net assets as of September 2025: CN¥16.77 Billion CNY
Based on the latest financial reports, Henan Zhongfu Industrial Co Ltd (600595) has net assets worth CN¥16.77 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¥24.32 Billion) and total liabilities (CN¥7.55 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¥16.77 Billion |
| % of Total Assets | 68.97% |
| Annual Growth Rate | 21.02% |
| 5-Year Change | N/A |
| 10-Year Change | 183.06% |
| Growth Volatility | 55.38 |
Henan Zhongfu Industrial Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Henan Zhongfu Industrial 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 Henan Zhongfu Industrial Co Ltd (1999–2024)
The table below shows the annual net assets of Henan Zhongfu Industrial Co Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.14 Billion | +6.54% |
| 2023-12-31 | CN¥15.15 Billion | +5.09% |
| 2022-12-31 | CN¥14.42 Billion | +24.15% |
| 2021-12-31 | CN¥11.61 Billion | +10460.70% |
| 2020-12-31 | CN¥-112.08 Million | -104.54% |
| 2019-12-31 | CN¥2.47 Billion | +1.50% |
| 2018-12-31 | CN¥2.43 Billion | -54.55% |
| 2017-12-31 | CN¥5.36 Billion | -8.65% |
| 2016-12-31 | CN¥5.86 Billion | +2.81% |
| 2015-12-31 | CN¥5.70 Billion | -7.53% |
| 2014-12-31 | CN¥6.17 Billion | -0.67% |
| 2013-12-31 | CN¥6.21 Billion | -10.68% |
| 2012-12-31 | CN¥6.95 Billion | +1.52% |
| 2011-12-31 | CN¥6.85 Billion | +119.60% |
| 2010-12-31 | CN¥3.12 Billion | +15.11% |
| 2009-12-31 | CN¥2.71 Billion | +12.46% |
| 2008-12-31 | CN¥2.41 Billion | +4.82% |
| 2007-12-31 | CN¥2.30 Billion | +104.90% |
| 2006-12-31 | CN¥1.12 Billion | +6.10% |
| 2005-12-31 | CN¥1.06 Billion | +14.55% |
| 2004-12-31 | CN¥922.56 Million | +27.36% |
| 2003-12-31 | CN¥724.39 Million | +11.44% |
| 2002-12-31 | CN¥650.05 Million | +194.45% |
| 2001-12-31 | CN¥220.77 Million | +23.43% |
| 2000-12-31 | CN¥178.87 Million | +30.78% |
| 1999-12-31 | CN¥136.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Henan Zhongfu Industrial 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 decreased by 2237.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥4.01 Billion | 27.42% |
| Other Comprehensive Income | CN¥416.79 Million | 2.85% |
| Other Components | CN¥11.01 Billion | 75.31% |
| Total Equity | CN¥14.62 Billion | 100.00% |
Henan Zhongfu Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Henan Zhongfu Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Legend Biotech Corp
NASDAQ:LEGN
|
$3.25 Billion |
|
Centerra Gold Inc
NYSE:CGAU
|
$3.25 Billion |
|
Guangzhou Great Power Energy&Technology Co Ltd
SHE:300438
|
$3.25 Billion |
|
S-Oil Corp
KO:010950
|
$3.25 Billion |
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
$3.24 Billion |
|
Enagás S.A
PINK:ENGGF
|
$3.24 Billion |
|
Xenon Pharmaceuticals Inc
NASDAQ:XENE
|
$3.24 Billion |
|
La Francaise Des Jeux Sa
PA:FDJ
|
$3.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henan Zhongfu Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,680,029,375 to 14,620,477,405, a change of 940,448,030 (6.9%).
- Net income of 703,685,459 contributed positively to equity growth.
- Dividend payments of 304,963,228 reduced retained earnings.
- Share repurchases of 925,450 reduced equity.
- Other comprehensive income increased equity by 416,794,464.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥703.69 Million | +4.81% |
| Dividends Paid | CN¥304.96 Million | -2.09% |
| Share Repurchases | CN¥925.45K | -0.01% |
| Other Comprehensive Income | CN¥416.79 Million | +2.85% |
| Other Changes | CN¥125.86 Million | +0.86% |
| Total Change | CN¥- | 6.87% |
Book Value vs Market Value Analysis
This analysis compares Henan Zhongfu Industrial 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: 2.29x
- 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 57.48x to 2.29x 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¥0.15 | CN¥8.57 | x |
| 2000-12-31 | CN¥0.19 | CN¥8.57 | x |
| 2001-12-31 | CN¥0.24 | CN¥8.57 | x |
| 2002-12-31 | CN¥0.71 | CN¥8.57 | x |
| 2003-12-31 | CN¥0.79 | CN¥8.57 | x |
| 2004-12-31 | CN¥0.87 | CN¥8.57 | x |
| 2005-12-31 | CN¥0.92 | CN¥8.57 | x |
| 2006-12-31 | CN¥0.56 | CN¥8.57 | x |
| 2007-12-31 | CN¥0.89 | CN¥8.57 | x |
| 2008-12-31 | CN¥0.90 | CN¥8.57 | x |
| 2009-12-31 | CN¥1.00 | CN¥8.57 | x |
| 2010-12-31 | CN¥1.06 | CN¥8.57 | x |
| 2011-12-31 | CN¥1.71 | CN¥8.57 | x |
| 2012-12-31 | CN¥1.84 | CN¥8.57 | x |
| 2013-12-31 | CN¥1.75 | CN¥8.57 | x |
| 2014-12-31 | CN¥1.28 | CN¥8.57 | x |
| 2015-12-31 | CN¥1.37 | CN¥8.57 | x |
| 2016-12-31 | CN¥1.25 | CN¥8.57 | x |
| 2017-12-31 | CN¥1.34 | CN¥8.57 | x |
| 2018-12-31 | CN¥0.85 | CN¥8.57 | x |
| 2019-12-31 | CN¥0.85 | CN¥8.57 | x |
| 2020-12-31 | CN¥0.42 | CN¥8.57 | x |
| 2021-12-31 | CN¥2.31 | CN¥8.57 | x |
| 2022-12-31 | CN¥3.09 | CN¥8.57 | x |
| 2023-12-31 | CN¥3.42 | CN¥8.57 | x |
| 2024-12-31 | CN¥3.74 | CN¥8.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henan Zhongfu Industrial 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): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.09%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.65x
- Recent ROE (4.81%) is above the historical average (-0.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 13.86% | 8.81% | 0.36x | 4.35x | CN¥5.28 Million |
| 2000 | 17.06% | 6.71% | 0.79x | 3.22x | CN¥12.63 Million |
| 2001 | 18.98% | 8.00% | 0.86x | 2.75x | CN¥19.82 Million |
| 2002 | 8.53% | 9.59% | 0.50x | 1.76x | CN¥-9.53 Million |
| 2003 | 10.26% | 10.60% | 0.32x | 3.01x | CN¥1.90 Million |
| 2004 | 9.95% | 4.24% | 0.52x | 4.53x | CN¥-391.89K |
| 2005 | 6.46% | 2.26% | 0.64x | 4.45x | CN¥-29.98 Million |
| 2006 | 17.23% | 5.96% | 0.84x | 3.43x | CN¥74.08 Million |
| 2007 | 24.72% | 10.72% | 0.94x | 2.45x | CN¥326.46 Million |
| 2008 | 8.29% | 3.01% | 0.79x | 3.47x | CN¥-40.10 Million |
| 2009 | 11.70% | 4.85% | 0.60x | 4.03x | CN¥45.06 Million |
| 2010 | 7.80% | 2.05% | 0.79x | 4.84x | CN¥-62.50 Million |
| 2011 | 3.79% | 1.53% | 0.58x | 4.31x | CN¥-329.70 Million |
| 2012 | 1.08% | 0.53% | 0.43x | 4.78x | CN¥-478.43 Million |
| 2013 | -15.67% | -7.95% | 0.40x | 4.92x | CN¥-1.39 Billion |
| 2014 | 0.78% | 0.44% | 0.38x | 4.60x | CN¥-505.05 Million |
| 2015 | -9.15% | -4.49% | 0.39x | 5.25x | CN¥-911.97 Million |
| 2016 | 1.20% | 0.42% | 0.53x | 5.46x | CN¥-424.32 Million |
| 2017 | -4.11% | -1.64% | 0.45x | 5.55x | CN¥-650.23 Million |
| 2018 | -77.07% | -21.65% | 0.51x | 6.94x | CN¥-2.87 Billion |
| 2019 | 3.06% | 1.89% | 0.25x | 6.57x | CN¥-236.19 Million |
| 2020 | -109.07% | -21.80% | 0.40x | 12.39x | CN¥-1.95 Billion |
| 2021 | 7.25% | 4.29% | 0.70x | 2.41x | CN¥-248.88 Million |
| 2022 | 8.67% | 5.99% | 0.72x | 2.00x | CN¥-161.64 Million |
| 2023 | 8.47% | 6.17% | 0.81x | 1.69x | CN¥-208.80 Million |
| 2024 | 4.81% | 3.09% | 0.94x | 1.65x | CN¥-758.36 Million |
Industry Comparison
This section compares Henan Zhongfu Industrial Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henan Zhongfu Industrial Co Ltd (600595) | CN¥16.77 Billion | 13.86% | 0.45x | $3.24 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |