Zhejiang Huangma Technology Co Ltd Net Assets
Zhejiang Huangma Technology Co Ltd net assets. Based on the latest financial reports, Zhejiang Huangma Technology Co Ltd (603181) has net assets worth CN¥3.61 Billion CNY (≈ $528.67 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.59 Billion ≈ $672.17 Million USD) and total liabilities (CN¥980.63 Million ≈ $143.50 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 603181 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.61 Billion |
| % of Total Assets | 78.65% |
| Annual Growth Rate | 17.22% |
| 5-Year Change | 52.65% |
| 10-Year Change | 422.5% |
| Growth Volatility | 23.5 |
Net Assets of Zhejiang Huangma Technology Co Ltd (2013–2025)
Net assets of Zhejiang Huangma Technology Co Ltd from 2013 to 2025. This chart illustrates how Zhejiang Huangma Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Huangma Technology Co Ltd (603181) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Zhejiang Huangma Technology Co Ltd (2013–2025)
The table below shows the annual net assets of Zhejiang Huangma Technology Co Ltd from 2013 to 2025. For live market cap and overall valuation, see market cap of Zhejiang Huangma Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.45 Billion ≈ $504.26 Million |
+10.75% |
| 2024-12-31 | CN¥3.11 Billion ≈ $455.31 Million |
+12.84% |
| 2023-12-31 | CN¥2.76 Billion ≈ $403.51 Million |
+9.16% |
| 2022-12-31 | CN¥2.53 Billion ≈ $369.65 Million |
+11.90% |
| 2021-12-31 | CN¥2.26 Billion ≈ $330.33 Million |
+21.72% |
| 2020-12-31 | CN¥1.85 Billion ≈ $271.38 Million |
+16.27% |
| 2019-12-31 | CN¥1.60 Billion ≈ $233.41 Million |
+11.12% |
| 2018-12-31 | CN¥1.44 Billion ≈ $210.05 Million |
+12.06% |
| 2017-12-31 | CN¥1.28 Billion ≈ $187.45 Million |
+94.23% |
| 2016-12-31 | CN¥659.52 Million ≈ $96.51 Million |
+20.53% |
| 2015-12-31 | CN¥547.21 Million ≈ $80.07 Million |
+11.30% |
| 2014-12-31 | CN¥491.66 Million ≈ $71.94 Million |
-3.95% |
| 2013-12-31 | CN¥511.85 Million ≈ $74.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Huangma Technology 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 1625.2% over the analyzed period, indicating profitable operations and earnings retention.
Zhejiang Huangma Technology Co Ltd Net Assets Breakdown (December 2025)
Zhejiang Huangma Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.76 Billion | 80.02% |
| Other Components | CN¥688.59 Million | 19.98% |
| Total Equity | CN¥3.45 Billion | 100.00% |
Zhejiang Huangma Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Huangma Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Whirlpool China Co Ltd
SHG:600983
|
$912.93 Million |
|
BTS Group Holdings Public Company Limited
BK:BTS
|
$912.97 Million |
|
Lighthouse Capital Ltd
JSE:LTE
|
$913.57 Million |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
$913.60 Million |
|
United Renewable Energy Co Ltd
TW:3576
|
$912.27 Million |
|
Arcos Dorados Holdings Inc
NYSE:ARCO
|
$912.03 Million |
|
HTC Corp
TW:2498
|
$911.95 Million |
|
GuangYuYuan Chinese Herbal Medicine Co Ltd
SHG:600771
|
$911.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Huangma Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,111,531,379 to 3,446,013,367, a change of 334,481,988 (10.7%).
- Net income of 436,605,191 contributed positively to equity growth.
- Dividend payments of 134,059,684 reduced retained earnings.
- Other comprehensive income decreased equity by 169,959,295.
- Other factors increased equity by 201,895,777.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥436.61 Million | +12.67% |
| Dividends Paid | CN¥134.06 Million | -3.89% |
| Other Comprehensive Income | CN¥-169.96 Million | -4.93% |
| Other Changes | CN¥201.90 Million | +5.86% |
| Total Change | CN¥- | 10.75% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Huangma Technology 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: 1.81x
- 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 2.50x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥4.24 | CN¥10.59 | x |
| 2014-12-31 | CN¥4.07 | CN¥10.59 | x |
| 2015-12-31 | CN¥2.15 | CN¥10.59 | x |
| 2016-12-31 | CN¥1.49 | CN¥10.59 | x |
| 2017-12-31 | CN¥2.62 | CN¥10.59 | x |
| 2018-12-31 | CN¥2.43 | CN¥10.59 | x |
| 2019-12-31 | CN¥2.71 | CN¥10.59 | x |
| 2020-12-31 | CN¥3.18 | CN¥10.59 | x |
| 2021-12-31 | CN¥3.83 | CN¥10.59 | x |
| 2022-12-31 | CN¥4.34 | CN¥10.59 | x |
| 2023-12-31 | CN¥4.84 | CN¥10.59 | x |
| 2024-12-31 | CN¥5.48 | CN¥10.59 | x |
| 2025-12-31 | CN¥5.85 | CN¥10.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Huangma Technology 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): 12.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.16%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.25x
- Recent ROE (12.67%) is below the historical average (14.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.21% | 8.19% | 1.02x | 2.18x | CN¥42.00 Million |
| 2014 | 16.36% | 5.90% | 0.92x | 3.00x | CN¥31.29 Million |
| 2015 | 11.82% | 4.69% | 1.14x | 2.21x | CN¥9.98 Million |
| 2016 | 13.67% | 6.00% | 1.18x | 1.93x | CN¥24.18 Million |
| 2017 | 11.54% | 8.78% | 1.10x | 1.19x | CN¥19.66 Million |
| 2018 | 13.73% | 11.46% | 0.91x | 1.32x | CN¥53.48 Million |
| 2019 | 16.06% | 13.52% | 0.82x | 1.45x | CN¥96.65 Million |
| 2020 | 17.27% | 16.46% | 0.71x | 1.48x | CN¥134.81 Million |
| 2021 | 19.86% | 19.19% | 0.77x | 1.34x | CN¥222.66 Million |
| 2022 | 18.89% | 21.86% | 0.66x | 1.31x | CN¥224.54 Million |
| 2023 | 11.78% | 17.14% | 0.55x | 1.24x | CN¥48.98 Million |
| 2024 | 12.78% | 17.05% | 0.60x | 1.25x | CN¥86.62 Million |
| 2025 | 12.67% | 18.16% | 0.56x | 1.25x | CN¥92.00 Million |
Industry Comparison
This section compares Zhejiang Huangma Technology Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,249,032,205
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Huangma Technology Co Ltd (603181) | CN¥3.61 Billion | 18.21% | 0.27x | $912.28 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.05 Billion | 7.76% | 0.50x | $361.65 Million |
| Hengyi Petrochemical Co Ltd (000703) | $288.50 Million | 6.85% | 0.82x | $7.45 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.49 Billion | 3.79% | 1.12x | $710.31 Million |
| Luxi Chemical Group Co Ltd (000830) | $979.59 Million | 7.26% | 1.13x | $3.06 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.20 Billion | 4.63% | 0.08x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.06 Billion | 1.91% | 0.87x | $1.01 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.03 Billion | 2.67% | 2.54x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $242.92 Million | 18.39% | 1.38x | $758.53 Million |
| Zhejiang Transfar Co Ltd (002010) | $740.36 Million | 11.17% | 0.60x | $1.85 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.41 Billion | 6.28% | 2.25x | $465.20 Million |
About Zhejiang Huangma Technology Co Ltd
Zhejiang Huangma Technology Co.,Ltd engages in the research, development, production, and sale of surfactants in China and internationally. It offers its products for use in modification of organic silicon new materials; lubricants and metalworking fluids; coatings; environmental water treatment; polycarboxylate water reducers; textile, printing and dying additives; composite materials; personal … Read more