Zhejiang Chint Electrics Co (601877) - Net Assets
Based on the latest financial reports, Zhejiang Chint Electrics Co (601877) has net assets worth CN¥55.01 Billion CNY (≈ $8.05 Billion 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¥152.70 Billion ≈ $22.34 Billion USD) and total liabilities (CN¥97.69 Billion ≈ $14.29 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 Zhejiang Chint Electrics Co tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥55.01 Billion |
| % of Total Assets | 36.03% |
| Annual Growth Rate | 27.88% |
| 5-Year Change | 55.88% |
| 10-Year Change | 282.29% |
| Growth Volatility | 49.42 |
Zhejiang Chint Electrics Co - Net Assets Trend (2006–2025)
This chart illustrates how Zhejiang Chint Electrics Co's net assets have evolved over time, based on quarterly financial data. See Zhejiang Chint Electrics Co (601877) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Chint Electrics Co (2006–2025)
The table below shows the annual net assets of Zhejiang Chint Electrics Co from 2006 to 2025. For live valuation and market cap data, see Zhejiang Chint Electrics Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥53.73 Billion ≈ $7.86 Billion |
+5.96% |
| 2024-12-31 | CN¥50.71 Billion ≈ $7.42 Billion |
+9.03% |
| 2023-12-31 | CN¥46.51 Billion ≈ $6.81 Billion |
+11.95% |
| 2022-12-31 | CN¥41.54 Billion ≈ $6.08 Billion |
+20.52% |
| 2021-12-31 | CN¥34.47 Billion ≈ $5.04 Billion |
+10.54% |
| 2020-12-31 | CN¥31.18 Billion ≈ $4.56 Billion |
+24.97% |
| 2019-12-31 | CN¥24.95 Billion ≈ $3.65 Billion |
+12.15% |
| 2018-12-31 | CN¥22.25 Billion ≈ $3.26 Billion |
+8.16% |
| 2017-12-31 | CN¥20.57 Billion ≈ $3.01 Billion |
+46.36% |
| 2016-12-31 | CN¥14.05 Billion ≈ $2.06 Billion |
+97.64% |
| 2015-12-31 | CN¥7.11 Billion ≈ $1.04 Billion |
+10.38% |
| 2014-12-31 | CN¥6.44 Billion ≈ $942.73 Million |
+14.25% |
| 2013-12-31 | CN¥5.64 Billion ≈ $825.17 Million |
+11.89% |
| 2012-12-31 | CN¥5.04 Billion ≈ $737.52 Million |
+5.99% |
| 2011-12-31 | CN¥4.76 Billion ≈ $695.84 Million |
+10.45% |
| 2010-12-31 | CN¥4.31 Billion ≈ $630.03 Million |
+212.90% |
| 2009-12-31 | CN¥1.38 Billion ≈ $201.35 Million |
+24.51% |
| 2008-12-31 | CN¥1.11 Billion ≈ $161.72 Million |
+15.79% |
| 2007-12-31 | CN¥954.42 Million ≈ $139.66 Million |
+89.99% |
| 2006-12-31 | CN¥502.34 Million ≈ $73.51 Million |
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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 11203.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥29.62 Billion | 66.57% |
| Other Components | CN¥14.88 Billion | 33.43% |
| Total Equity | CN¥44.50 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 |
|---|---|
|
AeroVironment Inc
NASDAQ:AVAV
|
$8.52 Billion |
|
KAWASAKI KISEN K. ADR/1/2
F:KLI
|
$8.52 Billion |
|
Empresas Copec S.A.
SN:COPEC
|
$8.52 Billion |
|
Ryder System Inc
NYSE:R
|
$8.53 Billion |
|
Frontline Ltd
NYSE:FRO
|
$8.49 Billion |
|
Companhia Paranaense de Energia - COPEL
SA:CPLE3
|
$8.48 Billion |
|
Primo Brands Corporation
NYSE:PRMB
|
$8.48 Billion |
|
Jyske Bank A/S
CO:JYSK
|
$8.48 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 2024 to 2025, total equity changed from 42,105,511,000 to 44,503,399,751, a change of 2,397,888,751 (5.7%).
- Net income of 4,501,407,070 contributed positively to equity growth.
- Dividend payments of 2,253,230,141 reduced retained earnings.
- Other comprehensive income decreased equity by 1,340,105,000.
- Other factors increased equity by 1,489,816,823.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.50 Billion | +10.11% |
| Dividends Paid | CN¥2.25 Billion | -5.06% |
| Other Comprehensive Income | CN¥-1.34 Billion | -3.01% |
| Other Changes | CN¥1.49 Billion | +3.35% |
| Total Change | CN¥- | 5.69% |
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: 1.31x
- 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 65.45x to 1.31x 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¥27.04 | x |
| 2007-12-31 | CN¥0.76 | CN¥27.04 | x |
| 2008-12-31 | CN¥0.88 | CN¥27.04 | x |
| 2009-12-31 | CN¥1.10 | CN¥27.04 | x |
| 2010-12-31 | CN¥3.23 | CN¥27.04 | x |
| 2011-12-31 | CN¥3.52 | CN¥27.04 | x |
| 2012-12-31 | CN¥3.49 | CN¥27.04 | x |
| 2013-12-31 | CN¥4.01 | CN¥27.04 | x |
| 2014-12-31 | CN¥4.61 | CN¥27.04 | x |
| 2015-12-31 | CN¥4.01 | CN¥27.04 | x |
| 2016-12-31 | CN¥8.02 | CN¥27.04 | x |
| 2017-12-31 | CN¥9.43 | CN¥27.04 | x |
| 2018-12-31 | CN¥10.13 | CN¥27.04 | x |
| 2019-12-31 | CN¥11.29 | CN¥27.04 | x |
| 2020-12-31 | CN¥13.92 | CN¥27.04 | x |
| 2021-12-31 | CN¥14.89 | CN¥27.04 | x |
| 2022-12-31 | CN¥17.07 | CN¥27.04 | x |
| 2023-12-31 | CN¥18.35 | CN¥27.04 | x |
| 2024-12-31 | CN¥19.67 | CN¥27.04 | x |
| 2025-12-31 | CN¥20.71 | CN¥27.04 | 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): 10.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.61%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 3.56x
- Recent ROE (10.11%) is below the historical average (22.13%), 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 |
| 2025 | 10.11% | 7.61% | 0.37x | 3.56x | CN¥51.07 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: $4,521,607,784
- Average return on equity (ROE) among peers: -17.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Chint Electrics Co (601877) | CN¥55.01 Billion | 40.96% | 1.78x | $8.50 Billion |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.26 Billion | 6.39% | 3.26x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.51 Billion | 5.52% | 0.51x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $7.89 Billion |
About Zhejiang Chint Electrics Co
Zhejiang Chint Electrics Co., Ltd., through its subsidiaries, develops and sells low-voltage electrical products in China. It offers low-voltage products, including circuit breakers, AC contactors, fuse sets, CBA busbars, fuse holders, and surge protective devices; power transmission and distribution products comprising MV oil-immersed transformers, mobile substations, ring main units, and natura… Read more