Zhejiang Xiantong Rubber&Plastic Co Ltd Net Assets
Zhejiang Xiantong Rubber&Plastic Co Ltd net assets. Based on the latest financial reports, Zhejiang Xiantong Rubber&Plastic Co Ltd (603239) has net assets worth CN¥1.34 Billion CNY (≈ $195.63 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¥1.73 Billion ≈ $253.84 Million USD) and total liabilities (CN¥397.77 Million ≈ $58.21 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 603239 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.34 Billion |
| % of Total Assets | 77.07% |
| Annual Growth Rate | 18.2% |
| 5-Year Change | 31.58% |
| 10-Year Change | 52.2% |
| Growth Volatility | 44.64 |
Net Assets of Zhejiang Xiantong Rubber&Plastic Co Ltd (2011–2025)
Net assets of Zhejiang Xiantong Rubber&Plastic Co Ltd from 2011 to 2025. This chart illustrates how Zhejiang Xiantong Rubber&Plastic Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603239 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Zhejiang Xiantong Rubber&Plastic Co Ltd (2011–2025)
The table below shows the annual net assets of Zhejiang Xiantong Rubber&Plastic Co Ltd from 2011 to 2025. For live market cap and overall valuation, see 603239 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.34 Billion ≈ $195.45 Million |
+15.23% |
| 2024-12-31 | CN¥1.16 Billion ≈ $169.62 Million |
+8.05% |
| 2023-12-31 | CN¥1.07 Billion ≈ $156.99 Million |
+6.65% |
| 2022-12-31 | CN¥1.01 Billion ≈ $147.20 Million |
-0.90% |
| 2021-12-31 | CN¥1.02 Billion ≈ $148.54 Million |
+4.86% |
| 2020-12-31 | CN¥968.01 Million ≈ $141.65 Million |
-2.89% |
| 2019-12-31 | CN¥996.81 Million ≈ $145.86 Million |
+1.65% |
| 2018-12-31 | CN¥980.64 Million ≈ $143.50 Million |
-1.30% |
| 2017-12-31 | CN¥993.58 Million ≈ $145.39 Million |
+13.22% |
| 2016-12-31 | CN¥877.59 Million ≈ $128.42 Million |
+174.88% |
| 2015-12-31 | CN¥319.26 Million ≈ $46.72 Million |
+23.46% |
| 2014-12-31 | CN¥258.61 Million ≈ $37.84 Million |
+14.55% |
| 2013-12-31 | CN¥225.76 Million ≈ $33.04 Million |
+10.21% |
| 2012-12-31 | CN¥204.84 Million ≈ $29.98 Million |
+59.48% |
| 2011-12-31 | CN¥128.44 Million ≈ $18.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Xiantong Rubber&Plastic 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 901.1% over the analyzed period, indicating profitable operations and earnings retention.
Zhejiang Xiantong Rubber&Plastic Co Ltd Net Assets Breakdown (December 2025)
Zhejiang Xiantong Rubber&Plastic Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥575.95 Million | 43.44% |
| Other Components | CN¥749.91 Million | 56.56% |
| Total Equity | CN¥1.33 Billion | 100.00% |
Zhejiang Xiantong Rubber&Plastic Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Xiantong Rubber&Plastic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinhe Biotechnology Co Ltd
SHE:002688
|
$527.31 Million |
|
Ennis Inc
NYSE:EBF
|
$527.36 Million |
|
Sjóvá-Almennar tryggingar hf
IC:SJOVA
|
$527.38 Million |
|
ZH.JIN.ENV.HLDG DL-00001
F:3UG
|
$527.76 Million |
|
West Coast Paper Mills Limited
NSE:WSTCSTPAPR
|
$527.26 Million |
|
VP Bank AG
SW:VPBN
|
$527.23 Million |
|
Suzhou Xingye Material Tech
SHG:603928
|
$526.97 Million |
|
T'way Air Co Ltd
KO:091810
|
$526.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Xiantong Rubber&Plastic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,159,124,211 to 1,325,860,782, a change of 166,736,571 (14.4%).
- Net income of 221,904,994 contributed positively to equity growth.
- Dividend payments of 56,851,200 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥221.90 Million | +16.74% |
| Dividends Paid | CN¥56.85 Million | -4.29% |
| Other Changes | CN¥1.68 Million | +0.13% |
| Total Change | CN¥- | 14.38% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Xiantong Rubber&Plastic 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: 2.72x
- 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 18.72x to 2.72x 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¥0.71 | CN¥13.31 | x |
| 2012-12-31 | CN¥1.05 | CN¥13.31 | x |
| 2013-12-31 | CN¥1.12 | CN¥13.31 | x |
| 2014-12-31 | CN¥1.28 | CN¥13.31 | x |
| 2015-12-31 | CN¥1.58 | CN¥13.31 | x |
| 2016-12-31 | CN¥4.32 | CN¥13.31 | x |
| 2017-12-31 | CN¥3.68 | CN¥13.31 | x |
| 2018-12-31 | CN¥3.60 | CN¥13.31 | x |
| 2019-12-31 | CN¥3.68 | CN¥13.31 | x |
| 2020-12-31 | CN¥3.54 | CN¥13.31 | x |
| 2021-12-31 | CN¥3.72 | CN¥13.31 | x |
| 2022-12-31 | CN¥3.75 | CN¥13.31 | x |
| 2023-12-31 | CN¥3.98 | CN¥13.31 | x |
| 2024-12-31 | CN¥4.25 | CN¥13.31 | x |
| 2025-12-31 | CN¥4.90 | CN¥13.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Xiantong Rubber&Plastic 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): 16.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.58%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.36x
- Recent ROE (16.74%) is below the historical average (17.02%), 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 | 26.25% | 12.86% | 0.87x | 2.36x | CN¥20.88 Million |
| 2012 | 21.19% | 14.75% | 0.78x | 1.85x | CN¥22.92 Million |
| 2013 | 20.21% | 14.15% | 0.71x | 2.01x | CN¥23.06 Million |
| 2014 | 20.55% | 17.66% | 0.72x | 1.61x | CN¥27.29 Million |
| 2015 | 27.48% | 20.69% | 0.78x | 1.71x | CN¥55.80 Million |
| 2016 | 17.11% | 25.62% | 0.53x | 1.26x | CN¥62.41 Million |
| 2017 | 17.12% | 23.24% | 0.61x | 1.21x | CN¥70.78 Million |
| 2018 | 12.48% | 17.38% | 0.61x | 1.18x | CN¥24.35 Million |
| 2019 | 9.77% | 15.16% | 0.54x | 1.20x | CN¥-2.29 Million |
| 2020 | 11.01% | 17.25% | 0.53x | 1.21x | CN¥9.76 Million |
| 2021 | 13.97% | 18.02% | 0.56x | 1.39x | CN¥40.32 Million |
| 2022 | 12.55% | 13.48% | 0.74x | 1.25x | CN¥25.60 Million |
| 2023 | 14.08% | 14.17% | 0.75x | 1.33x | CN¥43.76 Million |
| 2024 | 14.82% | 14.02% | 0.81x | 1.31x | CN¥55.81 Million |
| 2025 | 16.74% | 14.58% | 0.84x | 1.36x | CN¥89.32 Million |
Industry Comparison
This section compares Zhejiang Xiantong Rubber&Plastic 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 |
|---|---|---|---|---|
| Zhejiang Xiantong Rubber&Plastic Co Ltd (603239) | CN¥1.34 Billion | 26.25% | 0.30x | $527.27 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 Zhejiang Xiantong Rubber&Plastic Co Ltd
Zhejiang Xiantong Rubber&Plastic Co.,Ltd engages in the research and development, design, production, and sale of automotive sealing strips and other automobile parts in China. The company offers automotive sealing strips, including front door frame sealing strips, door sealing strips, rear door frame sealing strips, exterior door weatherstripping, windshield exterior trim strips, triangular wind… Read more