Zhejiang Wanfeng Chemical Co. Ltd. A (603172) - Net Assets
Based on the latest financial reports, Zhejiang Wanfeng Chemical Co. Ltd. A (603172) has net assets worth CN¥1.08 Billion CNY (≈ $157.43 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.47 Billion ≈ $214.78 Million USD) and total liabilities (CN¥391.97 Million ≈ $57.36 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. Check 603172 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.08 Billion |
| % of Total Assets | 73.3% |
| Annual Growth Rate | 26.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.26 |
Zhejiang Wanfeng Chemical Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zhejiang Wanfeng Chemical Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Zhejiang Wanfeng Chemical Co. Ltd. A for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Wanfeng Chemical Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Zhejiang Wanfeng Chemical Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see Zhejiang Wanfeng Chemical Co. Ltd. A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.06 Billion ≈ $155.38 Million |
+2.67% |
| 2023-12-31 | CN¥1.03 Billion ≈ $151.34 Million |
+80.58% |
| 2022-12-31 | CN¥572.71 Million ≈ $83.81 Million |
+9.33% |
| 2021-12-31 | CN¥523.84 Million ≈ $76.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Wanfeng Chemical 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 61.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥254.56 Million | 24.01% |
| Other Components | CN¥805.64 Million | 75.99% |
| Total Equity | CN¥1.06 Billion | 100.00% |
Zhejiang Wanfeng Chemical Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Wanfeng Chemical Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marcus Corporation
NYSE:MCS
|
$426.89 Million |
|
Youlchon Chem
KO:008730
|
$426.89 Million |
|
Mahindra Logistics Limited
NSE:MAHLOG
|
$426.91 Million |
|
Groupe Guillin SA
PA:ALGIL
|
$427.06 Million |
|
Sports Toto Berhad
KLSE:1562
|
$426.75 Million |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
$426.71 Million |
|
Zhejiang Lianxiang Smart Home
SHG:603272
|
$426.71 Million |
|
Posiflex Technology Inc
TW:8114
|
$426.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Wanfeng Chemical Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,033,038,455 to 1,060,201,356, a change of 27,162,900 (2.6%).
- Net income of 38,328,856 contributed positively to equity growth.
- Dividend payments of 17,322,348 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.33 Million | +3.62% |
| Dividends Paid | CN¥17.32 Million | -1.63% |
| Other Changes | CN¥6.16 Million | +0.58% |
| Total Change | CN¥- | 2.63% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Wanfeng Chemical 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: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥0.00 | CN¥21.87 | x |
| 2022-12-31 | CN¥5.72 | CN¥21.87 | x |
| 2023-12-31 | CN¥7.75 | CN¥21.87 | x |
| 2024-12-31 | CN¥7.95 | CN¥21.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Wanfeng Chemical 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): 3.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.16%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.37x
- Recent ROE (3.62%) is below the historical average (4.84%), 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 | 0.00% | 13.32% | 0.67x | 0.00x | CN¥75.05 Million |
| 2022 | 11.82% | 12.40% | 0.64x | 1.50x | CN¥10.42 Million |
| 2023 | 3.92% | 8.03% | 0.36x | 1.34x | CN¥-62.85 Million |
| 2024 | 3.62% | 7.16% | 0.37x | 1.37x | CN¥-67.69 Million |
Industry Comparison
This section compares Zhejiang Wanfeng Chemical Co. Ltd. A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $757,076,135
- Average return on equity (ROE) among peers: 17.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Wanfeng Chemical Co. Ltd. A (603172) | CN¥1.08 Billion | 0.00% | 0.36x | $426.85 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $132.89 Million | 13.77% | 0.98x | $508.22 Million |
| Hengyi Petrochemical Co Ltd (000703) | $187.55 Million | -10.77% | 0.62x | $9.61 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.24 Billion | 2.83% | 1.13x | $754.52 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.59 Billion | 8.19% | 3.36x | $4.71 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $92.67 Million | 58.60% | 2.88x | $8.64 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.21 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.62 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $583.32 Million |
| Zhejiang Transfar Co Ltd (002010) | $516.04 Million | 15.39% | 0.20x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $790.80 Million | 14.23% | 1.34x | $604.70 Million |
About Zhejiang Wanfeng Chemical Co. Ltd. A
Zhejiang Wanfeng Chemical Co.,Ltd. engages in the research, development, production, and sale of disperse dyes and filter cakes in China and internationally. Zhejiang Wanfeng Chemical Co.,Ltd. was founded in 2003 and is based in Shaoxing, China.