Hangzhou XZB Tech Co Ltd Net Assets
Hangzhou XZB Tech Co Ltd net assets. Based on the latest financial reports, Hangzhou XZB Tech Co Ltd (603040) has net assets worth CN¥1.51 Billion CNY (≈ $220.28 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¥1.74 Billion ≈ $254.12 Million USD) and total liabilities (CN¥231.24 Million ≈ $33.84 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. Also explore Hangzhou XZB Tech Co Ltd (603040) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.51 Billion |
| % of Total Assets | 86.68% |
| Annual Growth Rate | 23.24% |
| 5-Year Change | 49.7% |
| 10-Year Change | 485.91% |
| Growth Volatility | 26.65 |
Net Assets of Hangzhou XZB Tech Co Ltd (2011–2024)
Net assets of Hangzhou XZB Tech Co Ltd from 2011 to 2024. This chart illustrates how Hangzhou XZB Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Hangzhou XZB Tech Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Hangzhou XZB Tech Co Ltd (2011–2024)
The table below shows the annual net assets of Hangzhou XZB Tech Co Ltd from 2011 to 2024. For live market cap and overall valuation, see how much is Hangzhou XZB Tech Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.40 Billion ≈ $204.19 Million |
+8.17% |
| 2023-12-31 | CN¥1.29 Billion ≈ $188.76 Million |
+13.44% |
| 2022-12-31 | CN¥1.14 Billion ≈ $166.40 Million |
+14.67% |
| 2021-12-31 | CN¥991.66 Million ≈ $145.11 Million |
+6.39% |
| 2020-12-31 | CN¥932.09 Million ≈ $136.39 Million |
+15.06% |
| 2019-12-31 | CN¥810.10 Million ≈ $118.54 Million |
+17.47% |
| 2018-12-31 | CN¥689.65 Million ≈ $100.92 Million |
+16.31% |
| 2017-12-31 | CN¥592.95 Million ≈ $86.77 Million |
+112.01% |
| 2016-12-31 | CN¥279.68 Million ≈ $40.93 Million |
+17.44% |
| 2015-12-31 | CN¥238.15 Million ≈ $34.85 Million |
+15.13% |
| 2014-12-31 | CN¥206.86 Million ≈ $30.27 Million |
+22.47% |
| 2013-12-31 | CN¥168.91 Million ≈ $24.72 Million |
+45.05% |
| 2012-12-31 | CN¥116.44 Million ≈ $17.04 Million |
+26.32% |
| 2011-12-31 | CN¥92.18 Million ≈ $13.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou XZB Tech 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 3225.6% over the analyzed period, indicating profitable operations and earnings retention.
Hangzhou XZB Tech Co Ltd Net Assets Breakdown (December 2024)
Hangzhou XZB Tech Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥925.03 Million | 68.38% |
| Common Stock | CN¥136.52 Million | 10.09% |
| Other Comprehensive Income | CN¥118.09 Million | 8.73% |
| Other Components | CN¥173.06 Million | 12.79% |
| Total Equity | CN¥1.35 Billion | 100.00% |
Hangzhou XZB Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou XZB Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optiemus Infracom Limited
NSE:OPTIEMUS
|
$720.86 Million |
|
Kuros Biosciences AG
SW:KURN
|
$720.86 Million |
|
Shenzhen Comix Group Co Ltd
SHE:002301
|
$720.91 Million |
|
Anhui Golden Seed Winery Co Ltd
SHG:600199
|
$720.96 Million |
|
Guizhou Guihang Automotive Components Co Ltd
SHG:600523
|
$720.61 Million |
|
Peoples Fin
NASDAQ:PFIS
|
$720.55 Million |
|
Beijing Philisense Tech
SHE:300287
|
$720.39 Million |
|
Atal SA
WAR:1AT
|
$720.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou XZB Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,252,982,620 to 1,352,705,176, a change of 99,722,556 (8.0%).
- Net income of 211,605,066 contributed positively to equity growth.
- Dividend payments of 82,309,081 reduced retained earnings.
- Share repurchases of 46,320,038 reduced equity.
- Other comprehensive income increased equity by 118,089,461.
- Other factors decreased equity by 101,342,852.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥211.61 Million | +15.64% |
| Dividends Paid | CN¥82.31 Million | -6.08% |
| Share Repurchases | CN¥46.32 Million | -3.42% |
| Other Comprehensive Income | CN¥118.09 Million | +8.73% |
| Other Changes | CN¥-101.34 Million | -7.49% |
| Total Change | CN¥- | 7.96% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou XZB Tech 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: 3.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 38.87x to 3.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.93 | CN¥36.10 | x |
| 2012-12-31 | CN¥1.19 | CN¥36.10 | x |
| 2013-12-31 | CN¥1.70 | CN¥36.10 | x |
| 2014-12-31 | CN¥2.10 | CN¥36.10 | x |
| 2015-12-31 | CN¥2.42 | CN¥36.10 | x |
| 2016-12-31 | CN¥2.82 | CN¥36.10 | x |
| 2017-12-31 | CN¥6.00 | CN¥36.10 | x |
| 2018-12-31 | CN¥5.13 | CN¥36.10 | x |
| 2019-12-31 | CN¥5.93 | CN¥36.10 | x |
| 2020-12-31 | CN¥6.82 | CN¥36.10 | x |
| 2021-12-31 | CN¥7.28 | CN¥36.10 | x |
| 2022-12-31 | CN¥8.21 | CN¥36.10 | x |
| 2023-12-31 | CN¥9.38 | CN¥36.10 | x |
| 2024-12-31 | CN¥10.10 | CN¥36.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou XZB Tech 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): 15.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.11%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.20x
- Recent ROE (15.64%) is below the historical average (18.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.42% | 42.19% | 0.62x | 1.09x | CN¥16.98 Million |
| 2012 | 23.41% | 38.16% | 0.57x | 1.07x | CN¥15.62 Million |
| 2013 | 21.93% | 39.98% | 0.51x | 1.07x | CN¥20.15 Million |
| 2014 | 23.66% | 40.54% | 0.54x | 1.07x | CN¥28.25 Million |
| 2015 | 19.38% | 39.15% | 0.45x | 1.09x | CN¥22.33 Million |
| 2016 | 19.84% | 35.10% | 0.51x | 1.10x | CN¥27.51 Million |
| 2017 | 18.04% | 38.87% | 0.40x | 1.15x | CN¥46.89 Million |
| 2018 | 15.11% | 34.09% | 0.39x | 1.14x | CN¥34.69 Million |
| 2019 | 16.46% | 38.81% | 0.37x | 1.14x | CN¥51.11 Million |
| 2020 | 16.28% | 39.46% | 0.36x | 1.15x | CN¥57.23 Million |
| 2021 | 14.54% | 32.58% | 0.38x | 1.16x | CN¥43.92 Million |
| 2022 | 14.13% | 29.57% | 0.41x | 1.16x | CN¥45.51 Million |
| 2023 | 14.72% | 31.61% | 0.39x | 1.20x | CN¥59.08 Million |
| 2024 | 15.64% | 31.11% | 0.42x | 1.20x | CN¥76.33 Million |
Industry Comparison
This section compares Hangzhou XZB Tech Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,597,552,779
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou XZB Tech Co Ltd (603040) | CN¥1.51 Billion | 28.42% | 0.15x | $720.84 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Billion | 0.00% | 0.00x | $897.92 Million |
| Wanxiang Qianchao Co Ltd (000559) | $4.58 Billion | 17.00% | 1.78x | $6.06 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $16.47 Billion | 14.55% | 0.27x | $2.02 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.58 Billion | 0.43% | 1.91x | $944.09 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.51 Billion | 2.38% | 2.25x | $1.42 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-134.32 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $443.53 Million | 6.07% | 1.06x | $1.20 Billion |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $260.39 Million | 10.42% | 0.21x | $2.00 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $297.78 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $334.20 Million | 2.19% | 0.85x | $3.27 Billion |
About Hangzhou XZB Tech Co Ltd
Hangzhou XZB Tech Co., Ltd engages in the research and development, production, and sale of precision parts in China and internationally. The company provides valve lock clips, retainer, cotter, and spring discs; hydraulic tappets, roller rocker arms, and other precision parts, etc. It also offers precision cold forming components for automobiles, railways, aerospace, electricity, machinery, elec… Read more