Wuchan Zhongda Group Co Ltd

SHG:600704 China Conglomerates
Market Cap
$3.96 Billion
CN¥29.06 Billion CNY
Market Cap Rank
#4823 Global
#542 in China
Share Price
CN¥5.62
Change (1 day)
-0.18%
52-Week Range
CN¥4.64 - CN¥6.34
All Time High
CN¥10.94
Categories
Companies in China Conglomerates
About

Wuchan Zhongda Group Co.,Ltd., together with its subsidiaries, provides bulk commodity supply chain integration services in China and internationally. It operates through Supply chain integration services, Financial Services Business, and High-end industrial business segments. The company offers metal materials, car, energy, rubber, and chemical industry; financial leasing, futures brokerage, fin… Read more

Wuchan Zhongda Group Co Ltd (600704) - Net Assets

Latest net assets as of September 2025: CN¥57.59 Billion CNY

Based on the latest financial reports, Wuchan Zhongda Group Co Ltd (600704) has net assets worth CN¥57.59 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¥221.64 Billion) and total liabilities (CN¥164.05 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¥57.59 Billion
% of Total Assets 25.98%
Annual Growth Rate 20.6%
5-Year Change 70.84%
10-Year Change 162.22%
Growth Volatility 39.11

Wuchan Zhongda Group Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Wuchan Zhongda 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 Wuchan Zhongda Group Co Ltd (1995–2024)

The table below shows the annual net assets of Wuchan Zhongda Group Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥57.92 Billion +12.81%
2023-12-31 CN¥51.34 Billion +11.66%
2022-12-31 CN¥45.98 Billion +17.00%
2021-12-31 CN¥39.30 Billion +15.92%
2020-12-31 CN¥33.90 Billion +10.59%
2019-12-31 CN¥30.65 Billion +5.54%
2018-12-31 CN¥29.04 Billion +10.17%
2017-12-31 CN¥26.36 Billion +11.02%
2016-12-31 CN¥23.75 Billion +7.51%
2015-12-31 CN¥22.09 Billion +203.10%
2014-12-31 CN¥7.29 Billion +27.80%
2013-12-31 CN¥5.70 Billion +4.92%
2012-12-31 CN¥5.43 Billion +32.88%
2011-12-31 CN¥4.09 Billion +13.97%
2010-12-31 CN¥3.59 Billion +14.62%
2009-12-31 CN¥3.13 Billion +69.24%
2008-12-31 CN¥1.85 Billion -5.82%
2007-12-31 CN¥1.96 Billion +47.44%
2006-12-31 CN¥1.33 Billion +1.74%
2005-12-31 CN¥1.31 Billion +4.59%
2004-12-31 CN¥1.25 Billion +0.33%
2003-12-31 CN¥1.25 Billion +9.60%
2002-12-31 CN¥1.14 Billion +0.59%
2001-12-31 CN¥1.13 Billion +4.45%
2000-12-31 CN¥1.08 Billion +17.16%
1999-12-31 CN¥924.81 Million +12.32%
1998-12-31 CN¥823.39 Million +15.92%
1997-12-31 CN¥710.32 Million +65.48%
1996-12-31 CN¥429.26 Million +69.51%
1995-12-31 CN¥253.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wuchan Zhongda 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 39555.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥20.62 Billion 48.82%
Common Stock CN¥5.19 Billion 12.30%
Other Components CN¥16.42 Billion 38.89%
Total Equity CN¥42.23 Billion 100.00%

Wuchan Zhongda Group Co Ltd Competitors by Market Cap

The table below lists competitors of Wuchan Zhongda Group Co Ltd ranked by their market capitalization.

Company Market Cap
NBT Bancorp Inc
NASDAQ:NBTB
 		$2.11 Billion
WuXi XDC Cayman Inc.
F:L74
 		$2.11 Billion
Sumitomo Rubber Industries Ltd
F:108
 		$2.11 Billion
Indra Sistemas S.A
OTCGREY:ISMAF
 		$2.11 Billion
Zabka Group S.A.
WAR:ZAB
 		$2.10 Billion
Camurus AB (publ)
OTCGREY:CAMRF
 		$2.10 Billion
Zhejiang Yongtai Technology Co Ltd
SHE:002326
 		$2.10 Billion
PennyMac Financial Services Inc
F:1AC
 		$2.10 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 36,765,539,550 to 42,230,681,000, a change of 5,465,141,450 (14.9%).
  • Net income of 3,079,004,000 contributed positively to equity growth.
  • Dividend payments of 2,521,111,619 reduced retained earnings.
  • Share repurchases of 113,653,234 reduced equity.
  • Other factors increased equity by 5,020,902,303.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.08 Billion +7.29%
Dividends Paid CN¥2.52 Billion -5.97%
Share Repurchases CN¥113.65 Million -0.27%
Other Changes CN¥5.02 Billion +11.89%
Total Change CN¥- 14.86%

Book Value vs Market Value Analysis

This analysis compares Wuchan Zhongda 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: 0.71x
  • 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 30.74x to 0.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.18 CN¥5.62 x
1996-12-31 CN¥0.32 CN¥5.62 x
1997-12-31 CN¥0.52 CN¥5.62 x
1998-12-31 CN¥0.59 CN¥5.62 x
1999-12-31 CN¥0.59 CN¥5.62 x
2000-12-31 CN¥0.79 CN¥5.62 x
2001-12-31 CN¥0.82 CN¥5.62 x
2002-12-31 CN¥0.83 CN¥5.62 x
2003-12-31 CN¥0.87 CN¥5.62 x
2004-12-31 CN¥0.81 CN¥5.62 x
2005-12-31 CN¥0.85 CN¥5.62 x
2006-12-31 CN¥0.87 CN¥5.62 x
2007-12-31 CN¥1.30 CN¥5.62 x
2008-12-31 CN¥0.98 CN¥5.62 x
2009-12-31 CN¥1.58 CN¥5.62 x
2010-12-31 CN¥1.94 CN¥5.62 x
2011-12-31 CN¥2.17 CN¥5.62 x
2012-12-31 CN¥2.55 CN¥5.62 x
2013-12-31 CN¥2.71 CN¥5.62 x
2014-12-31 CN¥1.69 CN¥5.62 x
2015-12-31 CN¥4.16 CN¥5.62 x
2016-12-31 CN¥4.12 CN¥5.62 x
2017-12-31 CN¥4.52 CN¥5.62 x
2018-12-31 CN¥4.98 CN¥5.62 x
2019-12-31 CN¥4.97 CN¥5.62 x
2020-12-31 CN¥5.31 CN¥5.62 x
2021-12-31 CN¥6.00 CN¥5.62 x
2022-12-31 CN¥6.67 CN¥5.62 x
2023-12-31 CN¥6.91 CN¥5.62 x
2024-12-31 CN¥7.96 CN¥5.62 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wuchan Zhongda 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): 7.29%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.51%
  • • Asset Turnover: 3.41x
  • • Equity Multiplier: 4.16x
  • Recent ROE (7.29%) is below the historical average (10.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 18.30% 3.10% 1.90x 3.11x CN¥19.99 Million
1996 11.87% 9.20% 0.47x 2.76x CN¥7.83 Million
1997 10.05% 3.04% 1.15x 2.87x CN¥364.93K
1998 11.08% 2.79% 1.31x 3.01x CN¥8.37 Million
1999 12.09% 2.27% 1.38x 3.85x CN¥16.20 Million
2000 7.00% 1.12% 2.34x 2.68x CN¥-31.24 Million
2001 6.47% 2.65% 0.98x 2.50x CN¥-38.21 Million
2002 4.05% 1.88% 0.78x 2.76x CN¥-65.33 Million
2003 4.24% 1.74% 0.83x 2.94x CN¥-66.13 Million
2004 3.75% 1.21% 0.95x 3.26x CN¥-66.91 Million
2005 4.92% 1.32% 1.07x 3.48x CN¥-57.09 Million
2006 6.21% 1.68% 0.86x 4.27x CN¥-43.49 Million
2007 8.57% 3.57% 0.59x 4.08x CN¥-24.56 Million
2008 9.91% 3.42% 0.64x 4.52x CN¥-1.34 Million
2009 11.34% 1.12% 1.56x 6.51x CN¥32.75 Million
2010 16.76% 1.59% 1.70x 6.22x CN¥202.04 Million
2011 15.75% 1.46% 1.62x 6.67x CN¥192.64 Million
2012 10.89% 1.08% 1.64x 6.17x CN¥35.12 Million
2013 11.94% 1.23% 1.48x 6.55x CN¥80.94 Million
2014 19.37% 0.52% 7.07x 5.22x CN¥544.05 Million
2015 7.37% 0.76% 2.50x 3.88x CN¥-494.94 Million
2016 10.69% 1.04% 2.71x 3.80x CN¥138.67 Million
2017 10.19% 0.81% 3.22x 3.92x CN¥40.78 Million
2018 10.04% 0.80% 3.49x 3.61x CN¥10.42 Million
2019 10.86% 0.76% 3.85x 3.71x CN¥217.38 Million
2020 10.21% 0.68% 3.79x 3.97x CN¥57.71 Million
2021 13.12% 0.71% 4.35x 4.26x CN¥947.09 Million
2022 11.63% 0.68% 3.97x 4.30x CN¥550.79 Million
2023 9.84% 0.62% 3.49x 4.52x CN¥-59.50 Million
2024 7.29% 0.51% 3.41x 4.16x CN¥-1.14 Billion

Industry Comparison

This section compares Wuchan Zhongda Group Co Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $978,124,373
  • Average return on equity (ROE) among peers: 8.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wuchan Zhongda Group Co Ltd (600704) CN¥57.59 Billion 18.30% 2.85x $2.11 Billion
China Baoan Group Co Ltd (000009) $1.27 Billion 1.07% 2.24x $1.86 Billion
Yunding Technology Co Ltd (000409) $941.98 Million 8.55% 0.27x $527.49 Million
Create Technology & Science Co Ltd (000551) $251.29 Million 12.94% 2.35x $557.14 Million
Sundiro Holding Co Ltd (000571) $1.77 Billion 7.65% 0.23x $606.69 Million
Guangdong Ganhua Science & Industry Co Ltd (000576) $701.02 Million 10.07% 0.54x $356.12 Million
Macrolink Real Estate Co Ltd (000620) $143.94 Million 0.00% 3.19x $1.86 Billion
Tianjin Economic-technological Development Area Co Ltd (000652) $571.94 Million 29.23% 0.30x $544.91 Million
CHTC Helon Co Ltd (000677) $529.22 Million 4.03% 1.82x $434.09 Million
Gansu Yatai Industrial Development Co Ltd (000691) $673.22 Million 5.50% 0.58x $290.70 Million
Hunan Fazhan Industrial Co Ltd (000722) $2.92 Billion 3.04% 0.07x $393.69 Million