Zhejiang Chint Electrics Co (601877) - Net Assets

Latest as of September 2025: CN¥52.61 Billion CNY ≈ $7.70 Billion USD

Based on the latest financial reports, Zhejiang Chint Electrics Co (601877) has net assets worth CN¥52.61 Billion CNY (≈ $7.70 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¥155.15 Billion ≈ $22.70 Billion USD) and total liabilities (CN¥102.54 Billion ≈ $15.00 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 (601877) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Zhejiang Chint Electrics Co's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Zhejiang Chint Electrics Co market capitalisation.

Year	Net Assets	Change
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	--

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
Fujikura Ltd NYSE:FJIKY	$10.31 Billion
Vietnam JSCmmercial Bank for Industry and Trade VN:CTG	$10.31 Billion
Gartner Inc NYSE:IT	$10.31 Billion
Western Mining Co Ltd SHG:601168	$10.32 Billion
MP Materials Corp NYSE:MP	$10.28 Billion
Absa Group Ltd JSE:ABG	$10.27 Billion
Deutsche Lufthansa AG XETRA:LHA	$10.27 Billion
S-Oil Corp KO:010950	$10.26 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: 1.66x
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 79.22x to 1.66x 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¥32.73	x
2007-12-31	CN¥0.76	CN¥32.73	x
2008-12-31	CN¥0.88	CN¥32.73	x
2009-12-31	CN¥1.10	CN¥32.73	x
2010-12-31	CN¥3.23	CN¥32.73	x
2011-12-31	CN¥3.52	CN¥32.73	x
2012-12-31	CN¥3.49	CN¥32.73	x
2013-12-31	CN¥4.01	CN¥32.73	x
2014-12-31	CN¥4.61	CN¥32.73	x
2015-12-31	CN¥4.01	CN¥32.73	x
2016-12-31	CN¥8.02	CN¥32.73	x
2017-12-31	CN¥9.43	CN¥32.73	x
2018-12-31	CN¥10.13	CN¥32.73	x
2019-12-31	CN¥11.29	CN¥32.73	x
2020-12-31	CN¥13.92	CN¥32.73	x
2021-12-31	CN¥14.89	CN¥32.73	x
2022-12-31	CN¥17.07	CN¥32.73	x
2023-12-31	CN¥18.35	CN¥32.73	x
2024-12-31	CN¥19.67	CN¥32.73	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: $1,102,466,364
Average return on equity (ROE) among peers: 12.28%

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	$10.29 Billion
XJ Electric Co Ltd (000400)	$2.06 Billion	5.67%	0.94x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$868.77 Million	22.25%	1.96x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.19 Billion	10.32%	0.10x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$1.41 Billion	1.38%	0.23x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$881.96 Million	3.88%	5.40x	$834.77 Million
Huagong Tech Co Ltd (000988)	$728.66 Million	5.17%	0.60x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.48 Billion	7.41%	1.41x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$218.98 Million	10.86%	0.64x	$526.87 Million
Gotion High tech Co Ltd (002074)	$1.11 Billion	22.54%	1.37x	$9.75 Billion

About Zhejiang Chint Electrics Co

SHG:601877 China Electrical Equipment & Parts

Market Cap

$10.29 Billion

CN¥70.34 Billion CNY

Market Cap Rank

#2192 Global

#257 in China

Share Price

CN¥32.73

Change (1 day)

+0.40%

52-Week Range

CN¥21.85 - CN¥41.16

All Time High

CN¥61.44