Zhewen Pictures Group Co Ltd (601599) - Net Assets
Based on the latest financial reports, Zhewen Pictures Group Co Ltd (601599) has net assets worth CN¥1.54 Billion CNY (≈ $225.72 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.53 Billion ≈ $516.82 Million USD) and total liabilities (CN¥1.99 Billion ≈ $291.10 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. Check Zhewen Pictures Group Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.54 Billion |
| % of Total Assets | 43.67% |
| Annual Growth Rate | 10.76% |
| 5-Year Change | 171.45% |
| 10-Year Change | -8.64% |
| Growth Volatility | 49.03 |
Zhewen Pictures Group Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Zhewen Pictures Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhewen Pictures Group Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Zhewen Pictures Group Co Ltd (2008–2024)
The table below shows the annual net assets of Zhewen Pictures Group Co Ltd from 2008 to 2024. For live valuation and market cap data, see how much is Zhewen Pictures Group Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.54 Billion ≈ $224.98 Million |
+8.51% |
| 2023-12-31 | CN¥1.42 Billion ≈ $207.34 Million |
+7.04% |
| 2022-12-31 | CN¥1.32 Billion ≈ $193.71 Million |
+8.74% |
| 2021-12-31 | CN¥1.22 Billion ≈ $178.14 Million |
+114.93% |
| 2020-12-31 | CN¥566.39 Million ≈ $82.88 Million |
-65.35% |
| 2019-12-31 | CN¥1.63 Billion ≈ $239.17 Million |
-37.83% |
| 2018-12-31 | CN¥2.63 Billion ≈ $384.72 Million |
-1.99% |
| 2017-12-31 | CN¥2.68 Billion ≈ $392.52 Million |
-4.08% |
| 2016-12-31 | CN¥2.80 Billion ≈ $409.22 Million |
+66.18% |
| 2015-12-31 | CN¥1.68 Billion ≈ $246.25 Million |
+11.11% |
| 2014-12-31 | CN¥1.51 Billion ≈ $221.63 Million |
+48.77% |
| 2013-12-31 | CN¥1.02 Billion ≈ $148.97 Million |
+1.20% |
| 2012-12-31 | CN¥1.01 Billion ≈ $147.20 Million |
-0.82% |
| 2011-12-31 | CN¥1.01 Billion ≈ $148.42 Million |
+136.27% |
| 2010-12-31 | CN¥429.28 Million ≈ $62.82 Million |
+20.82% |
| 2009-12-31 | CN¥355.32 Million ≈ $51.99 Million |
+18.48% |
| 2008-12-31 | CN¥299.91 Million ≈ $43.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhewen Pictures 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 decreased by 1925.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.16 Billion | 76.63% |
| Other Comprehensive Income | CN¥57.56 Million | 3.80% |
| Other Components | CN¥1.29 Billion | 85.23% |
| Total Equity | CN¥1.51 Billion | 100.00% |
Zhewen Pictures Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhewen Pictures Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Südwestdeutsche Salzwerke AG
F:SSH
|
$630.45 Million |
|
Grenke AG
XETRA:GLJ
|
$630.58 Million |
|
Himalaya Shipping Ltd.
NYSE:HSHP
|
$630.66 Million |
|
Seoul Semiconductor Co. Ltd
KQ:046890
|
$630.83 Million |
|
Thanh Thanh Cong Tay Ninh JSC
VN:SBT
|
$629.79 Million |
|
WhiteFiber, Inc. Ordinary Shares
NASDAQ:WYFI
|
$629.79 Million |
|
Total Energy Services Inc.
TO:TOT
|
$629.72 Million |
|
Tianjin Lisheng Pharmaceutical Co Ltd
SHE:002393
|
$629.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhewen Pictures Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,394,701,990 to 1,514,474,178, a change of 119,772,188 (8.6%).
- Net income of 120,146,898 contributed positively to equity growth.
- Dividend payments of 12,867,389 reduced retained earnings.
- Other comprehensive income increased equity by 70,595,483.
- Other factors decreased equity by 58,102,804.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥120.15 Million | +7.93% |
| Dividends Paid | CN¥12.87 Million | -0.85% |
| Other Comprehensive Income | CN¥70.60 Million | +4.66% |
| Other Changes | CN¥-58.10 Million | -3.84% |
| Total Change | CN¥- | 8.59% |
Book Value vs Market Value Analysis
This analysis compares Zhewen Pictures 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: 2.84x
- 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 6.01x to 2.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.62 | CN¥3.71 | x |
| 2009-12-31 | CN¥0.71 | CN¥3.71 | x |
| 2010-12-31 | CN¥0.86 | CN¥3.71 | x |
| 2011-12-31 | CN¥1.65 | CN¥3.71 | x |
| 2012-12-31 | CN¥1.41 | CN¥3.71 | x |
| 2013-12-31 | CN¥1.44 | CN¥3.71 | x |
| 2014-12-31 | CN¥1.58 | CN¥3.71 | x |
| 2015-12-31 | CN¥1.84 | CN¥3.71 | x |
| 2016-12-31 | CN¥2.99 | CN¥3.71 | x |
| 2017-12-31 | CN¥2.91 | CN¥3.71 | x |
| 2018-12-31 | CN¥2.73 | CN¥3.71 | x |
| 2019-12-31 | CN¥1.76 | CN¥3.71 | x |
| 2020-12-31 | CN¥0.60 | CN¥3.71 | x |
| 2021-12-31 | CN¥1.14 | CN¥3.71 | x |
| 2022-12-31 | CN¥1.12 | CN¥3.71 | x |
| 2023-12-31 | CN¥1.25 | CN¥3.71 | x |
| 2024-12-31 | CN¥1.30 | CN¥3.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhewen Pictures 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): 7.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.95%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.37x
- Recent ROE (7.93%) is above the historical average (-7.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 18.37% | 4.57% | 1.29x | 3.12x | CN¥24.19 Million |
| 2009 | 16.90% | 4.74% | 1.28x | 2.79x | CN¥23.50 Million |
| 2010 | 21.79% | 5.73% | 1.39x | 2.73x | CN¥48.31 Million |
| 2011 | 9.72% | 5.38% | 1.06x | 1.70x | CN¥-2.77 Million |
| 2012 | 1.07% | 0.61% | 0.76x | 2.32x | CN¥-85.37 Million |
| 2013 | 1.38% | 0.72% | 0.72x | 2.70x | CN¥-82.18 Million |
| 2014 | 4.12% | 2.66% | 0.68x | 2.27x | CN¥-84.84 Million |
| 2015 | 7.61% | 5.01% | 0.68x | 2.25x | CN¥-37.36 Million |
| 2016 | 6.70% | 4.98% | 0.70x | 1.91x | CN¥-88.02 Million |
| 2017 | 11.35% | 7.13% | 0.64x | 2.48x | CN¥34.79 Million |
| 2018 | 2.20% | 1.17% | 0.71x | 2.62x | CN¥-199.41 Million |
| 2019 | -60.80% | -31.44% | 0.56x | 3.44x | CN¥-1.11 Billion |
| 2020 | -194.64% | -61.70% | 0.44x | 7.12x | CN¥-1.10 Billion |
| 2021 | 7.04% | 3.48% | 0.73x | 2.78x | CN¥-35.82 Million |
| 2022 | 6.32% | 2.99% | 0.88x | 2.41x | CN¥-47.64 Million |
| 2023 | 7.21% | 3.51% | 0.91x | 2.25x | CN¥-38.89 Million |
| 2024 | 7.93% | 3.95% | 0.85x | 2.37x | CN¥-31.30 Million |
Industry Comparison
This section compares Zhewen Pictures Group Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,135,331,381
- Average return on equity (ROE) among peers: 4.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhewen Pictures Group Co Ltd (601599) | CN¥1.54 Billion | 18.37% | 1.29x | $630.05 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $493.25 Million | 7.71% | 0.63x | $803.19 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $2.33 Billion | 3.23% | 0.84x | $4.02 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $3.11 Billion | -7.50% | 1.79x | $1.84 Billion |
| Lu Thai Textile Co Ltd (000726) | $1.28 Billion | 8.92% | 0.16x | $566.63 Million |
| Anhui Huamao Textile Co Ltd (000850) | $4.47 Billion | 3.10% | 0.66x | $626.92 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.87 Billion | 7.82% | 1.38x | $1.96 Billion |
| Xinlong Holding Group Co Ltd (000955) | $202.80 Million | -14.16% | 2.29x | $409.68 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $3.08 Billion | 13.23% | 1.43x | $1.23 Billion |
| Sunvim Group Co Ltd (002083) | $3.42 Billion | 11.87% | 1.48x | $1.57 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.10 Billion | 6.35% | 0.32x | $368.59 Million |
About Zhewen Pictures Group Co Ltd
Zhewen Pictures Group co., ltd produces and sells yarns in China. It operates through Film and Television Industry; Textile Business; and Hotel Business segments. The company offers worsted, semi-worsted, fancy, spun, and other knitted yarns; and worsted fabrics. It also engages in the manufacturing of wool yarn, chemical fiber, knitwear, wool tops, fabric textiles, and clothing. In addition, the… Read more