Zhejiang Chint Electrics Co
Zhejiang Chint Electrics Co., Ltd., through its subsidiaries, develops and sells low-voltage electrical products in China. It offers molded case circuit breaker, air circuit breakers, contactors, low-voltage shunt power capacitors, voltage stabilizer, fuse, fuse-switch-disconnector, intelligent low volatage reactive power automatic compensating controller, low-voltage shunt capacitors, switch-dis… Read more
Zhejiang Chint Electrics Co (601877) - Net Assets
Latest net assets as of September 2025: CN¥52.61 Billion CNY
Based on the latest financial reports, Zhejiang Chint Electrics Co (601877) has net assets worth CN¥52.61 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¥155.15 Billion) and total liabilities (CN¥102.54 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¥52.61 Billion |
| % of Total Assets | 33.91% |
| Annual Growth Rate | 29.22% |
| 5-Year Change | 62.61% |
| 10-Year Change | 613.07% |
| Growth Volatility | 50.32 |
Zhejiang Chint Electrics Co - Net Assets Trend (2006–2024)
This chart illustrates how Zhejiang Chint Electrics Co'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 Chint Electrics Co (2006–2024)
The table below shows the annual net assets of Zhejiang Chint Electrics Co from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥50.71 Billion | +9.03% |
| 2023-12-31 | CN¥46.51 Billion | +11.95% |
| 2022-12-31 | CN¥41.54 Billion | +20.52% |
| 2021-12-31 | CN¥34.47 Billion | +10.54% |
| 2020-12-31 | CN¥31.18 Billion | +24.97% |
| 2019-12-31 | CN¥24.95 Billion | +12.15% |
| 2018-12-31 | CN¥22.25 Billion | +8.16% |
| 2017-12-31 | CN¥20.57 Billion | +46.36% |
| 2016-12-31 | CN¥14.05 Billion | +97.64% |
| 2015-12-31 | CN¥7.11 Billion | +10.38% |
| 2014-12-31 | CN¥6.44 Billion | +14.25% |
| 2013-12-31 | CN¥5.64 Billion | +11.89% |
| 2012-12-31 | CN¥5.04 Billion | +5.99% |
| 2011-12-31 | CN¥4.76 Billion | +10.45% |
| 2010-12-31 | CN¥4.31 Billion | +212.90% |
| 2009-12-31 | CN¥1.38 Billion | +24.51% |
| 2008-12-31 | CN¥1.11 Billion | +15.79% |
| 2007-12-31 | CN¥954.42 Million | +89.99% |
| 2006-12-31 | CN¥502.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Chint Electrics Co'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 9981.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥26.42 Billion | 62.75% |
| Common Stock | CN¥2.15 Billion | 5.10% |
| Other Comprehensive Income | CN¥1.34 Billion | 3.18% |
| Other Components | CN¥12.20 Billion | 28.96% |
| Total Equity | CN¥42.11 Billion | 100.00% |
Zhejiang Chint Electrics Co Competitors by Market Cap
The table below lists competitors of Zhejiang Chint Electrics Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BENTLEY SYSTEMS B DL-01
F:BS81
|
$4.96 Billion |
|
Max Financial Services Limited
NSE:MFSL
|
$4.96 Billion |
|
Hancock Whitney Corp
NASDAQ:HWC
|
$4.96 Billion |
|
Henkel Ag A
PINK:HENOY
|
$4.97 Billion |
|
Italgas S.p.A
OTCGREY:ITGGF
|
$4.96 Billion |
|
Fortune Brands Innovations Inc.
NYSE:FBIN
|
$4.95 Billion |
|
Bidvest Group Ltd PK
PINK:BDVSY
|
$4.95 Billion |
|
Fortune Brands Home & Security Inc.
LSE:0IRN
|
$4.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Chint Electrics Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,091,476,592 to 42,105,511,000, a change of 3,014,034,408 (7.7%).
- Net income of 3,874,293,000 contributed positively to equity growth.
- Dividend payments of 1,181,932,936 reduced retained earnings.
- Share repurchases of 1,640,500 reduced equity.
- Other comprehensive income increased equity by 1,340,105,000.
- Other factors decreased equity by 1,016,790,156.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥3.87 Billion | +9.2% |
| Dividends Paid | CN¥1.18 Billion | -2.81% |
| Share Repurchases | CN¥1.64 Million | -0.0% |
| Other Comprehensive Income | CN¥1.34 Billion | +3.18% |
| Other Changes | CN¥-1.02 Billion | -2.41% |
| Total Change | CN¥- | 7.71% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Chint Electrics Co'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: 1.95x
- 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 92.77x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.41 | CN¥38.33 | x |
| 2007-12-31 | CN¥0.76 | CN¥38.33 | x |
| 2008-12-31 | CN¥0.88 | CN¥38.33 | x |
| 2009-12-31 | CN¥1.10 | CN¥38.33 | x |
| 2010-12-31 | CN¥3.23 | CN¥38.33 | x |
| 2011-12-31 | CN¥3.52 | CN¥38.33 | x |
| 2012-12-31 | CN¥3.49 | CN¥38.33 | x |
| 2013-12-31 | CN¥4.01 | CN¥38.33 | x |
| 2014-12-31 | CN¥4.61 | CN¥38.33 | x |
| 2015-12-31 | CN¥4.01 | CN¥38.33 | x |
| 2016-12-31 | CN¥8.02 | CN¥38.33 | x |
| 2017-12-31 | CN¥9.43 | CN¥38.33 | x |
| 2018-12-31 | CN¥10.13 | CN¥38.33 | x |
| 2019-12-31 | CN¥11.29 | CN¥38.33 | x |
| 2020-12-31 | CN¥13.92 | CN¥38.33 | x |
| 2021-12-31 | CN¥14.89 | CN¥38.33 | x |
| 2022-12-31 | CN¥17.07 | CN¥38.33 | x |
| 2023-12-31 | CN¥18.35 | CN¥38.33 | x |
| 2024-12-31 | CN¥19.67 | CN¥38.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Chint Electrics Co 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): 9.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.00%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.28x
- Recent ROE (9.20%) is below the historical average (22.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 40.96% | 5.81% | 1.85x | 3.82x | CN¥148.20 Million |
| 2007 | 41.37% | 8.75% | 1.76x | 2.69x | CN¥277.53 Million |
| 2008 | 37.71% | 8.75% | 2.22x | 1.94x | CN¥285.45 Million |
| 2009 | 40.73% | 10.88% | 1.77x | 2.11x | CN¥394.10 Million |
| 2010 | 15.28% | 10.08% | 1.04x | 1.46x | CN¥220.82 Million |
| 2011 | 17.91% | 9.95% | 0.99x | 1.82x | CN¥364.10 Million |
| 2012 | 27.79% | 11.79% | 1.08x | 2.18x | CN¥807.57 Million |
| 2013 | 29.36% | 12.89% | 1.09x | 2.10x | CN¥1.02 Billion |
| 2014 | 30.34% | 14.36% | 1.05x | 2.02x | CN¥1.23 Billion |
| 2015 | 26.65% | 10.32% | 1.43x | 1.81x | CN¥1.12 Billion |
| 2016 | 16.33% | 10.83% | 0.57x | 2.64x | CN¥846.72 Million |
| 2017 | 14.21% | 12.13% | 0.53x | 2.21x | CN¥841.21 Million |
| 2018 | 16.59% | 13.10% | 0.58x | 2.20x | CN¥1.43 Billion |
| 2019 | 15.53% | 12.45% | 0.55x | 2.28x | CN¥1.34 Billion |
| 2020 | 21.49% | 19.33% | 0.48x | 2.32x | CN¥3.44 Billion |
| 2021 | 10.52% | 8.63% | 0.46x | 2.67x | CN¥165.74 Million |
| 2022 | 11.06% | 8.74% | 0.44x | 2.87x | CN¥384.50 Million |
| 2023 | 9.43% | 6.44% | 0.47x | 3.09x | CN¥-223.01 Million |
| 2024 | 9.20% | 6.00% | 0.47x | 3.28x | CN¥-336.26 Million |
Industry Comparison
This section compares Zhejiang Chint Electrics Co's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,439,846,079
- Average return on equity (ROE) among peers: 10.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Chint Electrics Co (601877) | CN¥52.61 Billion | 40.96% | 1.95x | $4.96 Billion |
| XJ Electric Co Ltd (000400) | $7.55 Billion | 11.51% | 0.89x | $2.54 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $880.32 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $703.62 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.47 Billion | 5.33% | 0.99x | $366.05 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $889.01 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $5.66 Billion | 12.76% | 0.31x | $1.58 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $1.22 Billion | 11.09% | 0.26x | $212.27 Million |
| Sieyuan Electric Co Ltd (002028) | $2.91 Billion | 32.63% | 0.33x | $15.18 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $222.14 Million |