Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
Zhongzhong Science & Technology (Tianjin) Co., Ltd. manufactures and supplies metallurgical equipment in China and internationally. Its products include hot rolled strip, section, bar/wire, and plate mills; cold rolled strips mills; and EAF and LF products, continuous casting machines, and wheels production lines, as well as pickling, galvanizing, and coating services. The company also offers ele… Read more
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A (603135) - Net Assets
Latest net assets as of June 2025: CN¥2.97 Billion CNY
Based on the latest financial reports, Zhongzhong Science & Technology (Tianjin) Co. Ltd. A (603135) has net assets worth CN¥2.97 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.84 Billion) and total liabilities (CN¥868.79 Million). 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¥2.97 Billion |
| % of Total Assets | 77.37% |
| Annual Growth Rate | 35.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 46.5 |
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zhongzhong Science & Technology (Tianjin) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhongzhong Science & Technology (Tianjin) Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Zhongzhong Science & Technology (Tianjin) Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.02 Billion | -1.93% |
| 2023-12-31 | CN¥3.08 Billion | +106.95% |
| 2022-12-31 | CN¥1.49 Billion | +23.55% |
| 2021-12-31 | CN¥1.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongzhong Science & Technology (Tianjin) Co. Ltd. A'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 117.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥538.98 Million | 17.87% |
| Other Components | CN¥2.48 Billion | 82.13% |
| Total Equity | CN¥3.02 Billion | 100.00% |
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhongzhong Science & Technology (Tianjin) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RCS MediaGroup S.p.A
PINK:RZSMF
|
$225.59 Million |
|
Zhejiang Tony Electronic Co Ltd
SHG:603595
|
$225.68 Million |
|
Jee Technology Co. Ltd. A
SHG:688162
|
$225.68 Million |
|
Hunan Sundy Science and Technology Co Ltd
SHE:300515
|
$225.79 Million |
|
Shandong Longertek Technology Co Ltd
SHE:300594
|
$225.55 Million |
|
Jiusheng Electric Co. LTD
SHE:301082
|
$225.53 Million |
|
National CineMedia Inc
NASDAQ:NCMI
|
$225.48 Million |
|
Nanjing Central Emporium Group Stocks Co Ltd
SHG:600280
|
$225.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongzhong Science & Technology (Tianjin) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,075,475,100 to 3,016,060,180, a change of -59,414,920 (-1.9%).
- Net income of 56,355,720 contributed positively to equity growth.
- Dividend payments of 89,769,040 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥56.36 Million | +1.87% |
| Dividends Paid | CN¥89.77 Million | -2.98% |
| Other Changes | CN¥-26.00 Million | -0.86% |
| Total Change | CN¥- | -1.93% |
Book Value vs Market Value Analysis
This analysis compares Zhongzhong Science & Technology (Tianjin) Co. Ltd. A'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: 2.36x
- 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 4.73x to 2.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥2.39 | CN¥11.30 | x |
| 2022-12-31 | CN¥2.95 | CN¥11.30 | x |
| 2023-12-31 | CN¥4.88 | CN¥11.30 | x |
| 2024-12-31 | CN¥4.79 | CN¥11.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongzhong Science & Technology (Tianjin) Co. Ltd. A 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.89%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.27x
- Recent ROE (1.87%) is below the historical average (12.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 23.33% | 15.77% | 0.68x | 2.18x | CN¥160.34 Million |
| 2022 | 19.06% | 18.53% | 0.56x | 1.84x | CN¥134.64 Million |
| 2023 | 5.92% | 16.30% | 0.29x | 1.26x | CN¥-125.55 Million |
| 2024 | 1.87% | 5.89% | 0.25x | 1.27x | CN¥-245.25 Million |
Industry Comparison
This section compares Zhongzhong Science & Technology (Tianjin) Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongzhong Science & Technology (Tianjin) Co. Ltd. A (603135) | CN¥2.97 Billion | 23.33% | 0.29x | $225.59 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |