Zhejiang Huatie Constr Safety (603300) - Net Assets
Based on the latest financial reports, Zhejiang Huatie Constr Safety (603300) has net assets worth CN¥6.69 Billion CNY (≈ $978.77 Million USD) 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 ≈ $3.87 Billion USD) and total liabilities (CN¥19.73 Billion ≈ $2.89 Billion 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 Zhejiang Huatie Constr Safety liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Zhejiang Huatie Constr Safety's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 603300 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.30 Billion ≈ $922.59 Million |
+11.34% |
| 2023-12-31 | CN¥5.66 Billion ≈ $828.64 Million |
+20.70% |
| 2022-12-31 | CN¥4.69 Billion ≈ $686.55 Million |
+14.87% |
| 2021-12-31 | CN¥4.08 Billion ≈ $597.70 Million |
+9.68% |
| 2020-12-31 | CN¥3.72 Billion ≈ $544.96 Million |
+82.67% |
| 2019-12-31 | CN¥2.04 Billion ≈ $298.33 Million |
-49.27% |
| 2018-12-31 | CN¥4.02 Billion ≈ $588.06 Million |
+15.15% |
| 2017-12-31 | CN¥3.49 Billion ≈ $510.68 Million |
+4.31% |
| 2016-12-31 | CN¥3.35 Billion ≈ $489.60 Million |
+211.18% |
| 2015-12-31 | CN¥1.08 Billion ≈ $157.34 Million |
+72.45% |
| 2014-12-31 | CN¥623.48 Million ≈ $91.23 Million |
+15.87% |
| 2013-12-31 | CN¥538.09 Million ≈ $78.74 Million |
+7.54% |
| 2012-12-31 | CN¥500.38 Million ≈ $73.22 Million |
+16.61% |
| 2011-12-31 | CN¥429.09 Million ≈ $62.79 Million |
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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.
| Company | Market Cap |
|---|---|
|
CETC Digital Technology Co Ltd
SHG:600850
|
$1.92 Billion |
|
Super Retail Group Ltd
AU:SUL
|
$1.93 Billion |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690
|
$1.93 Billion |
|
ST Pharm Co.Ltd
KQ:237690
|
$1.93 Billion |
|
Riyue Heavy Industry Co Ltd
SHG:603218
|
$1.92 Billion |
|
Cuprum
SN:CUPRUM
|
$1.92 Billion |
|
Jiangsu New Energy Development Co Ltd
SHG:603693
|
$1.92 Billion |
|
ANADOLU E.BIR.M. ADR 1/5
F:EF41
|
$1.92 Billion |
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: 2.09x
- 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 23.24x to 2.09x 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¥6.58 | x |
| 2012-12-31 | CN¥0.30 | CN¥6.58 | x |
| 2013-12-31 | CN¥0.32 | CN¥6.58 | x |
| 2014-12-31 | CN¥0.37 | CN¥6.58 | x |
| 2015-12-31 | CN¥1.06 | CN¥6.58 | x |
| 2016-12-31 | CN¥0.98 | CN¥6.58 | x |
| 2017-12-31 | CN¥1.03 | CN¥6.58 | x |
| 2018-12-31 | CN¥1.31 | CN¥6.58 | x |
| 2019-12-31 | CN¥1.33 | CN¥6.58 | x |
| 2020-12-31 | CN¥2.27 | CN¥6.58 | x |
| 2021-12-31 | CN¥2.09 | CN¥6.58 | x |
| 2022-12-31 | CN¥2.55 | CN¥6.58 | x |
| 2023-12-31 | CN¥2.83 | CN¥6.58 | x |
| 2024-12-31 | CN¥3.15 | CN¥6.58 | 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: $27,529,266,728
- Average return on equity (ROE) among peers: 3.58%
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 | $1.92 Billion |
| Bohai Leasing Co Ltd (000415) | $54.58 Billion | 3.39% | 3.87x | $4.24 Billion |
| Shaanxi Construction Machinery Co Ltd (600984) | $481.92 Million | 3.78% | 1.02x | $765.21 Million |
About Zhejiang Huatie Constr Safety
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