Zhejiang Baida Precision Mnfg (603331) - Net Assets

Latest as of September 2025: CN¥1.35 Billion CNY ≈ $197.33 Million USD

Based on the latest financial reports, Zhejiang Baida Precision Mnfg (603331) has net assets worth CN¥1.35 Billion CNY (≈ $197.33 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¥3.32 Billion ≈ $485.33 Million USD) and total liabilities (CN¥1.97 Billion ≈ $287.99 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 603331 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.35 Billion
% of Total Assets	40.66%
Annual Growth Rate	16.5%
5-Year Change	37.79%
10-Year Change	330.49%
Growth Volatility	23.2

Zhejiang Baida Precision Mnfg - Net Assets Trend (2012–2024)

This chart illustrates how Zhejiang Baida Precision Mnfg's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Baida Precision Mnfg assets under control for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang Baida Precision Mnfg (2012–2024)

The table below shows the annual net assets of Zhejiang Baida Precision Mnfg from 2012 to 2024. For live valuation and market cap data, see Zhejiang Baida Precision Mnfg (603331) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥1.31 Billion ≈ $191.61 Million	-1.30%
2023-12-31	CN¥1.33 Billion ≈ $194.12 Million	+32.11%
2022-12-31	CN¥1.00 Billion ≈ $146.94 Million	+3.42%
2021-12-31	CN¥970.98 Million ≈ $142.08 Million	+2.18%
2020-12-31	CN¥950.27 Million ≈ $139.05 Million	+13.21%
2019-12-31	CN¥839.37 Million ≈ $122.83 Million	+16.87%
2018-12-31	CN¥718.22 Million ≈ $105.10 Million	+5.45%
2017-12-31	CN¥681.12 Million ≈ $99.67 Million	+89.70%
2016-12-31	CN¥359.06 Million ≈ $52.54 Million	+18.05%
2015-12-31	CN¥304.17 Million ≈ $44.51 Million	+15.40%
2014-12-31	CN¥263.57 Million ≈ $38.57 Million	+8.21%
2013-12-31	CN¥243.58 Million ≈ $35.64 Million	+16.25%
2012-12-31	CN¥209.52 Million ≈ $30.66 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Baida Precision Mnfg'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 1831.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥499.53 Million	38.93%
Common Stock	CN¥202.18 Million	15.76%
Other Components	CN¥581.33 Million	45.31%
Total Equity	CN¥1.28 Billion	100.00%

Zhejiang Baida Precision Mnfg Competitors by Market Cap

The table below lists competitors of Zhejiang Baida Precision Mnfg ranked by their market capitalization.

Company	Market Cap
Bandwidth Inc NASDAQ:BAND	$413.87 Million
CTOS Digital Bhd KLSE:5301	$414.19 Million
Metrics Income Opportunities Trust AU:MOT	$414.21 Million
Lifestyle Communities Ltd AU:LIC	$414.33 Million
Jasmine International Public Company Limited BK:JAS-R	$413.53 Million
China Bicycle Co Holdings Ltd SHE:000017	$413.48 Million
Contango ORE Inc NYSE MKT:CTGO	$413.47 Million
Testa Residencial SOCIMI S.A. MC:YTST	$413.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Baida Precision Mnfg's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,284,907,358 to 1,283,036,846, a change of -1,870,512 (-0.1%).
Net income of 33,015,631 contributed positively to equity growth.
Dividend payments of 62,919,165 reduced retained earnings.
Other factors increased equity by 28,033,022.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥33.02 Million	+2.57%
Dividends Paid	CN¥62.92 Million	-4.9%
Other Changes	CN¥28.03 Million	+2.18%
Total Change	CN¥-	-0.15%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Baida Precision Mnfg'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: 2.25x
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 8.82x to 2.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CN¥1.58	CN¥13.98	x
2013-12-31	CN¥1.87	CN¥13.98	x
2014-12-31	CN¥2.10	CN¥13.98	x
2015-12-31	CN¥2.22	CN¥13.98	x
2016-12-31	CN¥2.65	CN¥13.98	x
2017-12-31	CN¥4.31	CN¥13.98	x
2018-12-31	CN¥4.00	CN¥13.98	x
2019-12-31	CN¥4.28	CN¥13.98	x
2020-12-31	CN¥4.90	CN¥13.98	x
2021-12-31	CN¥5.04	CN¥13.98	x
2022-12-31	CN¥5.28	CN¥13.98	x
2023-12-31	CN¥6.59	CN¥13.98	x
2024-12-31	CN¥6.22	CN¥13.98	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Baida Precision Mnfg 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): 2.57%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.15%
• Asset Turnover: 0.47x
• Equity Multiplier: 2.54x
Recent ROE (2.57%) is below the historical average (10.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	11.72%	5.69%	0.68x	3.03x	CN¥3.40 Million
2013	15.31%	7.45%	0.74x	2.76x	CN¥12.40 Million
2014	15.99%	7.76%	0.82x	2.50x	CN¥15.80 Million
2015	11.90%	7.50%	0.71x	2.23x	CN¥5.68 Million
2016	15.63%	10.12%	0.76x	2.03x	CN¥20.02 Million
2017	9.28%	8.65%	0.71x	1.52x	CN¥-4.90 Million
2018	9.81%	9.10%	0.71x	1.51x	CN¥-1.36 Million
2019	9.80%	8.77%	0.57x	1.97x	CN¥-1.50 Million
2020	9.33%	8.42%	0.51x	2.16x	CN¥-5.87 Million
2021	10.26%	7.54%	0.58x	2.34x	CN¥2.30 Million
2022	7.24%	5.23%	0.61x	2.27x	CN¥-25.68 Million
2023	9.25%	8.26%	0.44x	2.53x	CN¥-9.59 Million
2024	2.57%	2.15%	0.47x	2.54x	CN¥-95.29 Million

Industry Comparison

This section compares Zhejiang Baida Precision Mnfg's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $2,881,043,646
Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Baida Precision Mnfg (603331)	CN¥1.35 Billion	11.72%	1.46x	$413.59 Million
FAWER Automotive Parts Ltd Co (000030)	$149.16 Million	41.73%	4.63x	$1.25 Billion
Wanxiang Qianchao Co Ltd (000559)	$8.78 Billion	7.81%	0.91x	$8.06 Billion
Weifu High-Technology Group Co Ltd (000581)	$15.35 Billion	16.75%	0.32x	$2.30 Billion
Gui Zhou Tyre Co Ltd (000589)	$36.86 Million	0.00%	2.57x	$1.14 Billion
Qingdao Doublestar Co Ltd (000599)	$2.50 Billion	2.32%	1.02x	$718.30 Million
Hengli Industrial Development Group Co Ltd (000622)	$214.90 Million	5.52%	0.47x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$319.83 Million	-26.00%	1.36x	$793.62 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$436.87 Million	11.97%	0.48x	$1.66 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$498.43 Million	3.21%	1.20x	$381.97 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$515.59 Million	31.51%	1.08x	$3.42 Billion

About Zhejiang Baida Precision Mnfg

SHG:603331 China Auto Parts

Market Cap

$413.59 Million

CN¥2.83 Billion CNY

Market Cap Rank

#13555 Global

#4265 in China

Share Price

CN¥13.98

Change (1 day)

-0.71%

52-Week Range

CN¥9.71 - CN¥21.30

All Time High

CN¥21.30