Zhejiang Jianfeng Group Co Ltd

SHG:600668 China Building Materials
Market Cap
$621.27 Million
CN¥4.56 Billion CNY
Market Cap Rank
#12246 Global
#3005 in China
Share Price
CN¥11.04
Change (1 day)
+0.09%
52-Week Range
CN¥9.93 - CN¥15.55
All Time High
CN¥22.25
Categories
Companies in China Building Materials
About

Zhejiang Jianfeng Group Co., Ltd. engages in the building materials and medicine business in China. It provides pharmaceutical products, hazardous chemicals, and pharmaceutical excipients and packaging materials, as well as pesticides and pharmaceutical chemical intermediates. The company also offers cement, cement products, building materials, crushed stones, woven bags, ordinary Portland, clink… Read more

Zhejiang Jianfeng Group Co Ltd (600668) - Net Assets

Latest net assets as of September 2025: CN¥6.14 Billion CNY

Based on the latest financial reports, Zhejiang Jianfeng Group Co Ltd (600668) has net assets worth CN¥6.14 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¥8.15 Billion) and total liabilities (CN¥2.00 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¥6.14 Billion
% of Total Assets 75.4%
Annual Growth Rate 11.94%
5-Year Change 17.17%
10-Year Change 138.04%
Growth Volatility 24.02

Zhejiang Jianfeng Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Zhejiang Jianfeng Group 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 Zhejiang Jianfeng Group Co Ltd (1993–2024)

The table below shows the annual net assets of Zhejiang Jianfeng Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.53 Billion +1.15%
2023-12-31 CN¥5.47 Billion -2.09%
2022-12-31 CN¥5.59 Billion +1.35%
2021-12-31 CN¥5.51 Billion +16.74%
2020-12-31 CN¥4.72 Billion +15.70%
2019-12-31 CN¥4.08 Billion +18.27%
2018-12-31 CN¥3.45 Billion +22.15%
2017-12-31 CN¥2.82 Billion +10.66%
2016-12-31 CN¥2.55 Billion +9.82%
2015-12-31 CN¥2.32 Billion +3.90%
2014-12-31 CN¥2.24 Billion +17.98%
2013-12-31 CN¥1.90 Billion +15.15%
2012-12-31 CN¥1.65 Billion +5.82%
2011-12-31 CN¥1.56 Billion +23.71%
2010-12-31 CN¥1.26 Billion +21.07%
2009-12-31 CN¥1.04 Billion +5.75%
2008-12-31 CN¥982.35 Million +4.11%
2007-12-31 CN¥943.53 Million +8.46%
2006-12-31 CN¥869.95 Million -7.31%
2005-12-31 CN¥938.58 Million +0.18%
2004-12-31 CN¥936.88 Million -1.98%
2003-12-31 CN¥955.77 Million +40.08%
2002-12-31 CN¥682.29 Million +28.11%
2001-12-31 CN¥532.59 Million +0.04%
2000-12-31 CN¥532.39 Million +8.56%
1999-12-31 CN¥490.40 Million -8.07%
1998-12-31 CN¥533.46 Million +21.19%
1997-12-31 CN¥440.19 Million +5.44%
1996-12-31 CN¥417.49 Million +53.43%
1995-12-31 CN¥272.11 Million --
1994-12-31 CN¥0.00 --
1993-12-31 CN¥167.42 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Jianfeng Group 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 13214.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.23 Billion 81.60%
Common Stock CN¥344.08 Million 6.63%
Other Components CN¥610.30 Million 11.77%
Total Equity CN¥5.19 Billion 100.00%

Zhejiang Jianfeng Group Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Jianfeng Group Co Ltd ranked by their market capitalization.

Company Market Cap
Jasmine Telecom Systems Public Company Limited
BK:JTS
 		$338.29 Million
Sanyo Chemical Industries Ltd
F:XSI
 		$338.32 Million
Shanxi C&Y Pharmaceutical Group Co Ltd
SHE:300254
 		$338.45 Million
North American Construction Group Ltd
NYSE:NOA
 		$338.49 Million
Central Reinsurance Corp
TW:2851
 		$338.13 Million
NEXTIN Inc
KQ:348210
 		$338.05 Million
Arvind Fashions Limited
NSE:ARVINDFASN
 		$338.02 Million
GKHT Medical Technology Co. Ltd. A
SHE:301370
 		$337.82 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,109,491,000 to 5,187,092,000, a change of 77,601,000 (1.5%).
  • Net income of 107,988,000 contributed positively to equity growth.
  • Dividend payments of 53,827,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥107.99 Million +2.08%
Dividends Paid CN¥53.83 Million -1.04%
Other Changes CN¥23.44 Million +0.45%
Total Change CN¥- 1.52%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Jianfeng Group 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: 0.88x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 27.27x to 0.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.40 CN¥11.04 x
1994-12-31 CN¥0.63 CN¥11.04 x
1995-12-31 CN¥0.65 CN¥11.04 x
1996-12-31 CN¥0.96 CN¥11.04 x
1997-12-31 CN¥0.99 CN¥11.04 x
1998-12-31 CN¥1.06 CN¥11.04 x
1999-12-31 CN¥1.16 CN¥11.04 x
2000-12-31 CN¥1.19 CN¥11.04 x
2001-12-31 CN¥1.23 CN¥11.04 x
2002-12-31 CN¥1.57 CN¥11.04 x
2003-12-31 CN¥2.19 CN¥11.04 x
2004-12-31 CN¥2.18 CN¥11.04 x
2005-12-31 CN¥2.19 CN¥11.04 x
2006-12-31 CN¥2.03 CN¥11.04 x
2007-12-31 CN¥2.07 CN¥11.04 x
2008-12-31 CN¥2.24 CN¥11.04 x
2009-12-31 CN¥2.26 CN¥11.04 x
2010-12-31 CN¥2.80 CN¥11.04 x
2011-12-31 CN¥3.43 CN¥11.04 x
2012-12-31 CN¥3.71 CN¥11.04 x
2013-12-31 CN¥4.24 CN¥11.04 x
2014-12-31 CN¥4.98 CN¥11.04 x
2015-12-31 CN¥5.21 CN¥11.04 x
2016-12-31 CN¥5.79 CN¥11.04 x
2017-12-31 CN¥6.35 CN¥11.04 x
2018-12-31 CN¥7.66 CN¥11.04 x
2019-12-31 CN¥9.18 CN¥11.04 x
2020-12-31 CN¥10.74 CN¥11.04 x
2021-12-31 CN¥12.61 CN¥11.04 x
2022-12-31 CN¥12.56 CN¥11.04 x
2023-12-31 CN¥12.37 CN¥11.04 x
2024-12-31 CN¥12.56 CN¥11.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Jianfeng Group 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): 2.08%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.75%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.46x
  • Recent ROE (2.08%) is below the historical average (9.36%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 19.01% 17.60% 0.84x 1.28x CN¥15.06 Million
1994 14.00% 18.99% 0.58x 1.27x CN¥10.41 Million
1995 13.77% 13.25% 0.64x 1.63x CN¥10.09 Million
1996 10.14% 12.94% 0.47x 1.66x CN¥575.60K
1997 12.46% 9.75% 0.54x 2.39x CN¥10.04 Million
1998 5.82% 4.14% 0.47x 2.99x CN¥-18.29 Million
1999 7.13% 5.27% 0.47x 2.89x CN¥-13.71 Million
2000 7.49% 3.92% 0.59x 3.22x CN¥-12.40 Million
2001 8.63% 4.16% 0.68x 3.06x CN¥-6.98 Million
2002 6.43% 3.73% 0.66x 2.60x CN¥-23.18 Million
2003 5.09% 4.02% 0.56x 2.26x CN¥-44.42 Million
2004 2.71% 2.37% 0.42x 2.75x CN¥-65.51 Million
2005 0.45% 0.32% 0.53x 2.66x CN¥-86.21 Million
2006 -8.60% -5.23% 0.60x 2.75x CN¥-156.31 Million
2007 4.84% 2.95% 0.77x 2.13x CN¥-44.86 Million
2008 3.35% 2.54% 0.65x 2.03x CN¥-60.01 Million
2009 7.73% 5.58% 0.65x 2.12x CN¥-21.74 Million
2010 11.47% 10.03% 0.61x 1.86x CN¥17.00 Million
2011 18.93% 16.34% 0.62x 1.86x CN¥126.79 Million
2012 10.79% 9.91% 0.59x 1.83x CN¥12.01 Million
2013 11.60% 9.37% 0.67x 1.85x CN¥27.87 Million
2014 13.73% 12.54% 0.60x 1.83x CN¥76.95 Million
2015 9.27% 8.90% 0.62x 1.68x CN¥-15.73 Million
2016 11.96% 11.99% 0.60x 1.67x CN¥46.66 Million
2017 13.26% 12.33% 0.68x 1.59x CN¥85.76 Million
2018 18.61% 17.50% 0.69x 1.55x CN¥272.23 Million
2019 19.13% 20.43% 0.65x 1.44x CN¥345.78 Million
2020 13.18% 18.00% 0.51x 1.43x CN¥140.87 Million
2021 17.75% 24.29% 0.54x 1.35x CN¥403.38 Million
2022 5.55% 8.08% 0.49x 1.41x CN¥-230.84 Million
2023 1.83% 3.24% 0.41x 1.38x CN¥-417.19 Million
2024 2.08% 3.75% 0.38x 1.46x CN¥-410.72 Million

Industry Comparison

This section compares Zhejiang Jianfeng Group Co Ltd's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $5,433,825,727
  • Average return on equity (ROE) among peers: 46.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Jianfeng Group Co Ltd (600668) CN¥6.14 Billion 19.01% 0.33x $338.21 Million
CSG Holding Co Ltd (000012) $1.98 Billion 5.22% 0.62x $1.58 Billion
Tangshan Jidong Cement Co Ltd (000401) $30.60 Billion -4.84% 0.96x $788.07 Million
Gansu Shangfeng Cement Co Ltd (000672) $26.27 Million 402.35% 2.67x $782.48 Million
Jiangxi Wannianqing Cement Co Ltd (000789) $2.61 Billion 19.37% 1.69x $284.38 Million
Xinjiang Tianshan Cement Co Ltd (000877) $5.40 Billion 20.92% 1.84x $799.89 Million
Sinostone Guangdong Co Ltd (001212) $1.42 Billion 6.07% 0.18x $798.00 Million
Ruitai Materials Technology Co Ltd (002066) $882.60 Million 6.49% 1.50x $387.51 Million
Guangdong Tapai Group Co Ltd (002233) $3.82 Billion 10.48% 0.43x $830.46 Million
China West Construction Group Co Ltd (002302) $6.71 Billion 1.58% 1.72x $381.07 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $895.70 Million 0.58% 0.68x $309.88 Million