Zhengzhou Coal Mining Machinery Group Co Ltd (601717) - Net Assets
Based on the latest financial reports, Zhengzhou Coal Mining Machinery Group Co Ltd (601717) has net assets worth CN¥23.88 Billion CNY (≈ $3.49 Billion 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¥47.96 Billion ≈ $7.02 Billion USD) and total liabilities (CN¥24.09 Billion ≈ $3.52 Billion 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 601717 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥23.88 Billion |
| % of Total Assets | 49.78% |
| Annual Growth Rate | 25.9% |
| 5-Year Change | 62.08% |
| 10-Year Change | 136.38% |
| Growth Volatility | 55.97 |
Zhengzhou Coal Mining Machinery Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Zhengzhou Coal Mining Machinery Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhengzhou Coal Mining Machinery Group Co (601717) total assets for the complete picture of this company's asset base.
Annual Net Assets for Zhengzhou Coal Mining Machinery Group Co Ltd (2007–2024)
The table below shows the annual net assets of Zhengzhou Coal Mining Machinery Group Co Ltd from 2007 to 2024. For live valuation and market cap data, see 601717 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.75 Billion ≈ $3.33 Billion |
+3.95% |
| 2023-12-31 | CN¥21.88 Billion ≈ $3.20 Billion |
+17.40% |
| 2022-12-31 | CN¥18.64 Billion ≈ $2.73 Billion |
+19.09% |
| 2021-12-31 | CN¥15.65 Billion ≈ $2.29 Billion |
+11.52% |
| 2020-12-31 | CN¥14.03 Billion ≈ $2.05 Billion |
+6.78% |
| 2019-12-31 | CN¥13.14 Billion ≈ $1.92 Billion |
+6.93% |
| 2018-12-31 | CN¥12.29 Billion ≈ $1.80 Billion |
+6.18% |
| 2017-12-31 | CN¥11.58 Billion ≈ $1.69 Billion |
+18.62% |
| 2016-12-31 | CN¥9.76 Billion ≈ $1.43 Billion |
+1.41% |
| 2015-12-31 | CN¥9.62 Billion ≈ $1.41 Billion |
+0.40% |
| 2014-12-31 | CN¥9.58 Billion ≈ $1.40 Billion |
-1.02% |
| 2013-12-31 | CN¥9.68 Billion ≈ $1.42 Billion |
+3.51% |
| 2012-12-31 | CN¥9.35 Billion ≈ $1.37 Billion |
+52.13% |
| 2011-12-31 | CN¥6.15 Billion ≈ $899.74 Million |
+19.62% |
| 2010-12-31 | CN¥5.14 Billion ≈ $752.15 Million |
+229.57% |
| 2009-12-31 | CN¥1.56 Billion ≈ $228.22 Million |
+73.12% |
| 2008-12-31 | CN¥900.92 Million ≈ $131.83 Million |
+98.83% |
| 2007-12-31 | CN¥453.11 Million ≈ $66.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhengzhou Coal Mining Machinery 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 5525.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥14.60 Billion | 66.51% |
| Common Stock | CN¥1.79 Billion | 8.13% |
| Other Components | CN¥5.57 Billion | 25.36% |
| Total Equity | CN¥21.95 Billion | 100.00% |
Zhengzhou Coal Mining Machinery Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhengzhou Coal Mining Machinery Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Edenred SA
PA:EDEN
|
$4.21 Billion |
|
Bidvest Group Ltd
JSE:BVT
|
$4.21 Billion |
|
GCL Energy Technology Co Ltd
SHE:002015
|
$4.22 Billion |
|
TFS Financial Corporation
NASDAQ:TFSL
|
$4.22 Billion |
|
Jiangsu Guoxin Corp Ltd
SHE:002608
|
$4.21 Billion |
|
Appfolio Inc
NASDAQ:APPF
|
$4.21 Billion |
|
Espressif Systems Shanghai Co Ltd
SHG:688018
|
$4.21 Billion |
|
Walsin Lihwa Corp
TW:1605
|
$4.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhengzhou Coal Mining Machinery Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,378,212,015 to 21,950,800,000, a change of 1,572,587,985 (7.7%).
- Net income of 3,933,836,141 contributed positively to equity growth.
- Dividend payments of 1,736,524,000 reduced retained earnings.
- Other factors decreased equity by 624,724,156.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥3.93 Billion | +17.92% |
| Dividends Paid | CN¥1.74 Billion | -7.91% |
| Other Changes | CN¥-624.72 Million | -2.85% |
| Total Change | CN¥- | 7.72% |
Book Value vs Market Value Analysis
This analysis compares Zhengzhou Coal Mining Machinery 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: 1.51x
- 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 53.52x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.35 | CN¥18.67 | x |
| 2008-12-31 | CN¥0.78 | CN¥18.67 | x |
| 2009-12-31 | CN¥1.34 | CN¥18.67 | x |
| 2010-12-31 | CN¥4.05 | CN¥18.67 | x |
| 2011-12-31 | CN¥4.18 | CN¥18.67 | x |
| 2012-12-31 | CN¥6.46 | CN¥18.67 | x |
| 2013-12-31 | CN¥5.82 | CN¥18.67 | x |
| 2014-12-31 | CN¥5.98 | CN¥18.67 | x |
| 2015-12-31 | CN¥6.76 | CN¥18.67 | x |
| 2016-12-31 | CN¥5.93 | CN¥18.67 | x |
| 2017-12-31 | CN¥6.35 | CN¥18.67 | x |
| 2018-12-31 | CN¥6.61 | CN¥18.67 | x |
| 2019-12-31 | CN¥7.06 | CN¥18.67 | x |
| 2020-12-31 | CN¥7.52 | CN¥18.67 | x |
| 2021-12-31 | CN¥8.54 | CN¥18.67 | x |
| 2022-12-31 | CN¥10.14 | CN¥18.67 | x |
| 2023-12-31 | CN¥11.49 | CN¥18.67 | x |
| 2024-12-31 | CN¥12.34 | CN¥18.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhengzhou Coal Mining Machinery 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): 17.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.62%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.21x
- Recent ROE (17.92%) is above the historical average (16.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 51.59% | 8.63% | 0.96x | 6.22x | CN¥164.15 Million |
| 2008 | 54.94% | 12.92% | 1.00x | 4.27x | CN¥393.47 Million |
| 2009 | 42.14% | 12.22% | 1.09x | 3.18x | CN¥480.81 Million |
| 2010 | 17.67% | 13.07% | 0.75x | 1.81x | CN¥383.07 Million |
| 2011 | 20.33% | 14.81% | 0.78x | 1.76x | CN¥606.65 Million |
| 2012 | 17.35% | 15.56% | 0.79x | 1.42x | CN¥673.07 Million |
| 2013 | 9.11% | 10.76% | 0.64x | 1.33x | CN¥-85.17 Million |
| 2014 | 2.18% | 3.35% | 0.50x | 1.29x | CN¥-738.04 Million |
| 2015 | 0.44% | 0.94% | 0.37x | 1.27x | CN¥-908.06 Million |
| 2016 | 0.64% | 1.71% | 0.31x | 1.21x | CN¥-905.42 Million |
| 2017 | 2.63% | 3.77% | 0.39x | 1.77x | CN¥-795.77 Million |
| 2018 | 7.26% | 3.20% | 0.94x | 2.42x | CN¥-313.38 Million |
| 2019 | 8.50% | 4.04% | 0.87x | 2.43x | CN¥-183.72 Million |
| 2020 | 9.49% | 4.67% | 0.79x | 2.58x | CN¥-67.23 Million |
| 2021 | 13.16% | 6.65% | 0.80x | 2.48x | CN¥468.24 Million |
| 2022 | 14.25% | 7.93% | 0.72x | 2.49x | CN¥757.51 Million |
| 2023 | 16.07% | 9.00% | 0.74x | 2.41x | CN¥1.24 Billion |
| 2024 | 17.92% | 10.62% | 0.76x | 2.21x | CN¥1.74 Billion |
Industry Comparison
This section compares Zhengzhou Coal Mining Machinery Group Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,095,702,889
- Average return on equity (ROE) among peers: 10.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhengzhou Coal Mining Machinery Group Co Ltd (601717) | CN¥23.88 Billion | 51.59% | 1.01x | $4.21 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.66 Billion | 23.08% | 1.16x | $8.26 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $432.44 Million | 9.34% | 1.91x | $17.11 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $17.17 Billion | 3.49% | 1.46x | $2.88 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $5.54 Billion | 19.91% | 2.30x | $2.61 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.18 Billion | 7.08% | 1.44x | $683.93 Million |
| HBIS Resources Co Ltd (000923) | $134.08 Million | 18.10% | 1.91x | $1.60 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $6.39 Billion | 14.04% | 3.23x | $3.76 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $547.44 Million | 3.75% | 1.51x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $4.76 Billion | 1.05% | 3.39x | $1.56 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $3.14 Billion | 2.38% | 1.05x | $857.91 Million |
About Zhengzhou Coal Mining Machinery Group Co Ltd
ZCZL Industrial Technology Group Company Limited, together with its subsidiaries, manufactures and sells coal mining and excavating equipment for coal mining industry in the People's Republic of China, Germany, and internationally. It provides coal mining equipment, hydraulic supports and scrapers, and sells car parts. The company was formerly known as ZMJ Group Company Limited and changed its na… Read more