Zhonglu Co Ltd A (600818) - Net Assets

Latest as of March 2026: CN¥441.00 Million CNY ≈ $64.53 Million USD

Based on the latest financial reports, Zhonglu Co Ltd A (600818) has net assets worth CN¥441.00 Million CNY (≈ $64.53 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¥971.50 Million ≈ $142.16 Million USD) and total liabilities (CN¥530.49 Million ≈ $77.63 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. Explore Zhonglu Co Ltd A cash flow conversion to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥441.00 Million
% of Total Assets 45.39%
Annual Growth Rate -0.53%
5-Year Change -32.73%
10-Year Change -28.0%
Growth Volatility 27.65

Zhonglu Co Ltd A - Net Assets Trend (1993–2025)

This chart illustrates how Zhonglu Co Ltd A's net assets have evolved over time, based on quarterly financial data. Also explore 600818 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Zhonglu Co Ltd A (1993–2025)

The table below shows the annual net assets of Zhonglu Co Ltd A from 1993 to 2025. For live valuation and market cap data, see Zhonglu Co Ltd A market capitalisation.

Year Net Assets Change
2025-12-31 CN¥461.78 Million
≈ $67.57 Million		 -13.74%
2024-12-31 CN¥535.36 Million
≈ $78.34 Million		 -5.34%
2023-12-31 CN¥565.55 Million
≈ $82.76 Million		 -2.64%
2022-12-31 CN¥580.86 Million
≈ $85.00 Million		 -15.38%
2021-12-31 CN¥686.46 Million
≈ $100.45 Million		 +5.59%
2020-12-31 CN¥650.13 Million
≈ $95.13 Million		 +11.32%
2019-12-31 CN¥584.02 Million
≈ $85.46 Million		 -9.12%
2018-12-31 CN¥642.65 Million
≈ $94.04 Million		 -6.79%
2017-12-31 CN¥689.47 Million
≈ $100.89 Million		 +7.50%
2016-12-31 CN¥641.34 Million
≈ $93.85 Million		 +17.35%
2015-12-31 CN¥546.50 Million
≈ $79.97 Million		 +34.87%
2014-12-31 CN¥405.19 Million
≈ $59.29 Million		 -0.14%
2013-12-31 CN¥405.77 Million
≈ $59.38 Million		 -0.15%
2012-12-31 CN¥406.37 Million
≈ $59.46 Million		 +6.81%
2011-12-31 CN¥380.47 Million
≈ $55.67 Million		 +3.18%
2010-12-31 CN¥368.73 Million
≈ $53.96 Million		 +5.48%
2009-12-31 CN¥349.56 Million
≈ $51.15 Million		 +2.18%
2008-12-31 CN¥342.10 Million
≈ $50.06 Million		 +4.25%
2007-12-31 CN¥328.17 Million
≈ $48.02 Million		 +2.19%
2006-12-31 CN¥321.16 Million
≈ $47.00 Million		 +14.07%
2005-12-31 CN¥281.54 Million
≈ $41.20 Million		 +7.33%
2004-12-31 CN¥262.32 Million
≈ $38.39 Million		 +37.81%
2003-12-31 CN¥190.34 Million
≈ $27.85 Million		 +21.12%
2002-12-31 CN¥157.15 Million
≈ $23.00 Million		 +62.60%
2001-12-31 CN¥96.65 Million
≈ $14.14 Million		 +129.39%
2000-12-31 CN¥-328.89 Million
≈ $-48.13 Million		 -888.69%
1999-12-31 CN¥-33.26 Million
≈ $-4.87 Million		 -110.70%
1998-12-31 CN¥310.82 Million
≈ $45.48 Million		 -46.72%
1997-12-31 CN¥583.40 Million
≈ $85.37 Million		 +0.03%
1996-12-31 CN¥583.22 Million
≈ $85.34 Million		 +4.02%
1995-12-31 CN¥560.68 Million
≈ $82.04 Million		 -3.76%
1994-12-31 CN¥582.57 Million
≈ $85.25 Million		 +6.51%
1993-12-31 CN¥546.97 Million
≈ $80.04 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Zhonglu Co Ltd A'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 379.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥113.13 Million 21.79%
Other Components CN¥406.10 Million 78.21%
Total Equity CN¥519.23 Million 100.00%

Zhonglu Co Ltd A Competitors by Market Cap

The table below lists competitors of Zhonglu Co Ltd A ranked by their market capitalization.

Company Market Cap
Husteel
KO:005010
 $203.72 Million
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class A
IS:KRDMA
 $203.77 Million
Exicon Co. Ltd
KQ:092870
 $203.78 Million
Vendome Acquisition Corporation I Class A Ordinary Shares
NASDAQ:VNME
 $203.80 Million
Pioneer Municipal High Income Trust
NYSE:MHI
 $203.69 Million
S. P. Apparels Limited
NSE:SPAL
 $203.62 Million
Trivium Real Estate Socimi SA
MC:YTRI
 $203.53 Million
CCS Supply Chain Management Co Ltd
SHG:600180
 $203.53 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 589,282,718 to 519,230,744, a change of -70,051,974 (-11.9%).
  • Net loss of 57,307,456 reduced equity.
  • Dividend payments of 4,346,479 reduced retained earnings.
  • Other comprehensive income decreased equity by 53,912,154.
  • Other factors increased equity by 45,514,115.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-57.31 Million -11.04%
Dividends Paid CN¥4.35 Million -0.84%
Other Comprehensive Income CN¥-53.91 Million -10.38%
Other Changes CN¥45.51 Million +8.77%
Total Change CN¥- -11.89%

Book Value vs Market Value Analysis

This analysis compares Zhonglu Co Ltd A'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: 3.62x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 3.36x to 3.62x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥1.74 CN¥5.85 x
1994-12-31 CN¥1.83 CN¥5.85 x
1995-12-31 CN¥1.76 CN¥5.85 x
1996-12-31 CN¥1.77 CN¥5.85 x
1997-12-31 CN¥1.78 CN¥5.85 x
1998-12-31 CN¥0.92 CN¥5.85 x
1999-12-31 CN¥-0.17 CN¥5.85 x
2000-12-31 CN¥-1.09 CN¥5.85 x
2001-12-31 CN¥0.20 CN¥5.85 x
2002-12-31 CN¥0.38 CN¥5.85 x
2003-12-31 CN¥0.50 CN¥5.85 x
2004-12-31 CN¥0.74 CN¥5.85 x
2005-12-31 CN¥0.83 CN¥5.85 x
2006-12-31 CN¥0.94 CN¥5.85 x
2007-12-31 CN¥1.05 CN¥5.85 x
2008-12-31 CN¥1.05 CN¥5.85 x
2009-12-31 CN¥1.05 CN¥5.85 x
2010-12-31 CN¥1.11 CN¥5.85 x
2011-12-31 CN¥1.19 CN¥5.85 x
2012-12-31 CN¥1.20 CN¥5.85 x
2013-12-31 CN¥1.15 CN¥5.85 x
2014-12-31 CN¥1.20 CN¥5.85 x
2015-12-31 CN¥1.51 CN¥5.85 x
2016-12-31 CN¥1.83 CN¥5.85 x
2017-12-31 CN¥2.15 CN¥5.85 x
2018-12-31 CN¥2.51 CN¥5.85 x
2019-12-31 CN¥1.80 CN¥5.85 x
2020-12-31 CN¥2.01 CN¥5.85 x
2021-12-31 CN¥2.21 CN¥5.85 x
2022-12-31 CN¥1.84 CN¥5.85 x
2023-12-31 CN¥1.77 CN¥5.85 x
2024-12-31 CN¥1.78 CN¥5.85 x
2025-12-31 CN¥1.62 CN¥5.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhonglu Co Ltd A 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): -11.04%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.32%
  • • Asset Turnover: 1.12x
  • • Equity Multiplier: 1.85x
  • Recent ROE (-11.04%) is below the historical average (4.28%), 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 4.79% 10.36% 0.23x 2.05x CN¥-28.50 Million
1994 5.04% 3.39% 0.71x 2.11x CN¥-28.54 Million
1995 2.03% 1.39% 0.62x 2.34x CN¥-44.25 Million
1996 0.52% 0.32% 0.67x 2.44x CN¥-52.92 Million
1997 0.24% 0.19% 0.55x 2.37x CN¥-54.59 Million
1998 -58.86% -34.30% 0.50x 3.41x CN¥-198.45 Million
1999 0.00% -94.53% 0.67x 0.00x CN¥-334.14 Million
2000 0.00% -88.18% 1.01x 0.00x CN¥-212.48 Million
2001 14.02% 2.39% 0.75x 7.88x CN¥2.54 Million
2002 43.45% 9.55% 1.04x 4.38x CN¥40.46 Million
2003 27.67% 4.94% 1.38x 4.05x CN¥27.66 Million
2004 21.79% 4.61% 1.55x 3.04x CN¥27.44 Million
2005 13.49% 3.17% 1.52x 2.79x CN¥9.06 Million
2006 7.51% 1.99% 1.25x 3.03x CN¥-6.85 Million
2007 6.35% 1.88% 1.47x 2.29x CN¥-11.21 Million
2008 4.33% 2.02% 0.98x 2.18x CN¥-18.95 Million
2009 12.12% 6.80% 0.81x 2.20x CN¥7.25 Million
2010 6.53% 3.66% 0.85x 2.10x CN¥-12.31 Million
2011 4.60% 2.48% 0.93x 1.99x CN¥-19.71 Million
2012 4.27% 3.08% 0.72x 1.92x CN¥-22.13 Million
2013 2.60% 1.49% 0.90x 1.93x CN¥-28.01 Million
2014 1.66% 0.95% 0.90x 1.94x CN¥-31.67 Million
2015 10.63% 7.91% 0.69x 1.93x CN¥3.06 Million
2016 15.32% 13.27% 0.67x 1.71x CN¥31.38 Million
2017 4.66% 5.17% 0.57x 1.57x CN¥-35.89 Million
2018 0.80% 0.96% 0.51x 1.63x CN¥-58.43 Million
2019 -11.09% -10.78% 0.64x 1.61x CN¥-119.88 Million
2020 14.89% 13.09% 0.77x 1.48x CN¥31.59 Million
2021 5.44% 5.14% 0.78x 1.36x CN¥-31.14 Million
2022 -13.05% -8.23% 1.01x 1.57x CN¥-134.84 Million
2023 3.96% 2.48% 1.10x 1.45x CN¥-36.81 Million
2024 -3.37% -2.03% 1.05x 1.57x CN¥-78.76 Million
2025 -11.04% -5.32% 1.12x 1.85x CN¥-109.23 Million

Industry Comparison

This section compares Zhonglu Co Ltd A's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $906,309,766
  • Average return on equity (ROE) among peers: -40.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhonglu Co Ltd A (600818) CN¥441.00 Million 4.79% 1.20x $203.70 Million
China Bicycle Co Holdings Ltd (000017) $41.75 Million -426.25% 57.91x $348.33 Million
HL Corp Shenzhen (002105) $578.89 Million 2.95% 1.43x $319.41 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348) $457.88 Million -12.51% 0.59x $1.84 Billion
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) $898.62 Million 0.77% 0.01x $513.31 Million
Shanghai Yaoji Playing Card Co Ltd (002605) $1.65 Billion 4.67% 0.18x $1.13 Billion
Xiamen Comfort Science&Technology Group Co Ltd (002614) $2.18 Billion 6.42% 0.52x $475.53 Million
Guangzhou Pearl River Piano Group Co Ltd (002678) $3.55 Billion 4.80% 0.35x $1.13 Billion
Shifeng Cultural Development Co Ltd (002862) $462.60 Million 2.06% 0.56x $411.53 Million
Impulse Qingdao Health Tech Co Ltd (002899) $951.47 Million 8.74% 0.28x $596.70 Million
China Bicycle Co Holdings Ltd (200017) $-1.71 Billion 0.00% 0.00x $51.24 Million

About Zhonglu Co Ltd A

SHG:600818 China Leisure
Market Cap
$203.70 Million
CN¥1.39 Billion CNY
Market Cap Rank
#16585 Global
#4643 in China
Share Price
CN¥5.85
Change (1 day)
+1.39%
52-Week Range
CN¥5.71 - CN¥11.86
All Time High
CN¥74.24
Categories
Companies in China Leisure
About

Zhonglu.Co.,Ltd manufactures and sells bicycles in China. The company offers bicycles and parts, power-assisted bicycles, baby carriages, manual wheelchairs, electric wheelchairs, and spare parts, electric tricycles, motorcycles and mopeds, other special vehicles, and other supporting products related to bicycles. It also involved in import and export of goods; research, production, and sales of … Read more