Zhejiang Huatie Constr Safety

SHG:603300 China Rental & Leasing Services
Market Cap
$1.94 Billion
CN¥14.26 Billion CNY
Market Cap Rank
#6056 Global
#874 in China
Share Price
CN¥7.14
Change (1 day)
-3.38%
52-Week Range
CN¥6.77 - CN¥12.58
All Time High
CN¥201.92
About

Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology Co., Ltd. in the equipment leasing business in China. The company leases building support equipment, such as steel support, baileys, steel bridges, plate buckles, prestressed steel supports, aluminum alloy templates, attached lifting work safety protection platforms, and servo axial force control systems. It also provides aerial wo… Read more

Zhejiang Huatie Constr Safety (603300) - Net Assets

Latest net assets as of September 2025: CN¥6.69 Billion CNY

Based on the latest financial reports, Zhejiang Huatie Constr Safety (603300) has net assets worth CN¥6.69 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥26.42 Billion) and total liabilities (CN¥19.73 Billion). 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¥6.69 Billion
% of Total Assets 25.32%
Annual Growth Rate 22.96%
5-Year Change 69.3%
10-Year Change 486.38%
Growth Volatility 59.73

Zhejiang Huatie Constr Safety - Net Assets Trend (2011–2024)

This chart illustrates how Zhejiang Huatie Constr Safety's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Zhejiang Huatie Constr Safety (2011–2024)

The table below shows the annual net assets of Zhejiang Huatie Constr Safety from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.30 Billion +11.34%
2023-12-31 CN¥5.66 Billion +20.70%
2022-12-31 CN¥4.69 Billion +14.87%
2021-12-31 CN¥4.08 Billion +9.68%
2020-12-31 CN¥3.72 Billion +82.67%
2019-12-31 CN¥2.04 Billion -49.27%
2018-12-31 CN¥4.02 Billion +15.15%
2017-12-31 CN¥3.49 Billion +4.31%
2016-12-31 CN¥3.35 Billion +211.18%
2015-12-31 CN¥1.08 Billion +72.45%
2014-12-31 CN¥623.48 Million +15.87%
2013-12-31 CN¥538.09 Million +7.54%
2012-12-31 CN¥500.38 Million +16.61%
2011-12-31 CN¥429.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Huatie Constr Safety'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 5768.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.25 Billion 52.87%
Common Stock CN¥1.97 Billion 32.11%
Other Components CN¥922.94 Million 15.02%
Total Equity CN¥6.14 Billion 100.00%

Zhejiang Huatie Constr Safety Competitors by Market Cap

The table below lists competitors of Zhejiang Huatie Constr Safety ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Huatie Constr Safety's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,529,065,630 to 6,143,882,664, a change of 614,817,034 (11.1%).
  • Net income of 604,723,902 contributed positively to equity growth.
  • Dividend payments of 140,861,976 reduced retained earnings.
  • Other factors increased equity by 150,955,108.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥604.72 Million +9.84%
Dividends Paid CN¥140.86 Million -2.29%
Other Changes CN¥150.96 Million +2.46%
Total Change CN¥- 11.12%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Huatie Constr Safety'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: 2.27x
  • 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 25.22x to 2.27x 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¥0.28 CN¥7.14 x
2012-12-31 CN¥0.30 CN¥7.14 x
2013-12-31 CN¥0.32 CN¥7.14 x
2014-12-31 CN¥0.37 CN¥7.14 x
2015-12-31 CN¥1.06 CN¥7.14 x
2016-12-31 CN¥0.98 CN¥7.14 x
2017-12-31 CN¥1.03 CN¥7.14 x
2018-12-31 CN¥1.31 CN¥7.14 x
2019-12-31 CN¥1.33 CN¥7.14 x
2020-12-31 CN¥2.27 CN¥7.14 x
2021-12-31 CN¥2.09 CN¥7.14 x
2022-12-31 CN¥2.55 CN¥7.14 x
2023-12-31 CN¥2.83 CN¥7.14 x
2024-12-31 CN¥3.15 CN¥7.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Huatie Constr Safety 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): 9.84%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.69%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 3.79x
  • Recent ROE (9.84%) is below the historical average (10.41%), 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 14.48% 28.19% 0.30x 1.71x CN¥19.22 Million
2012 14.25% 26.05% 0.29x 1.90x CN¥21.25 Million
2013 14.07% 24.70% 0.29x 1.97x CN¥21.90 Million
2014 13.70% 25.60% 0.30x 1.81x CN¥23.05 Million
2015 6.51% 21.03% 0.20x 1.56x CN¥-37.55 Million
2016 4.84% 11.33% 0.11x 3.99x CN¥-57.88 Million
2017 2.82% 4.64% 0.12x 4.96x CN¥-81.76 Million
2018 -1.95% -3.24% 0.15x 4.12x CN¥-176.41 Million
2019 15.69% 23.89% 0.22x 2.95x CN¥99.98 Million
2020 9.68% 21.18% 0.21x 2.23x CN¥-10.65 Million
2021 13.43% 19.11% 0.25x 2.85x CN¥127.22 Million
2022 13.95% 19.51% 0.23x 3.13x CN¥180.99 Million
2023 14.48% 18.02% 0.23x 3.48x CN¥247.94 Million
2024 9.84% 11.69% 0.22x 3.79x CN¥-9.66 Million

Industry Comparison

This section compares Zhejiang Huatie Constr Safety's net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

  • Industry: Rental & Leasing Services
  • Average net assets among peers: $26,077,810,198
  • Average return on equity (ROE) among peers: 3.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Huatie Constr Safety (603300) CN¥6.69 Billion 14.48% 2.95x $1.40 Billion
Bohai Leasing Co Ltd (000415) $48.77 Billion 1.85% 4.87x $3.31 Billion
Shaanxi Construction Machinery Co Ltd (600984) $3.38 Billion 4.84% 1.35x $447.19 Million