Zhejiang Baida Precision Mnfg Net Assets
Zhejiang Baida Precision Mnfg net assets. 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. Also explore 603331 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¥1.35 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 |
Net Assets of Zhejiang Baida Precision Mnfg (2012–2024)
Net assets of Zhejiang Baida Precision Mnfg from 2012 to 2024. This chart illustrates how Zhejiang Baida Precision Mnfg's net assets have evolved over time, based on quarterly financial data. See how leveraged is Zhejiang Baida Precision Mnfg's balance sheet to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see market cap of Zhejiang Baida Precision Mnfg.
| 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 |
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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.
Zhejiang Baida Precision Mnfg Net Assets Breakdown (December 2024)
Zhejiang Baida Precision Mnfg net assets breakdown by equity component as of 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 |
|---|---|
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$298.00 Million |
|
Cadiz Inc
NASDAQ:CDZI
|
$298.06 Million |
|
Altshuler Shaham Financial LTD
TA:ALTF
|
$298.20 Million |
|
Fiverr International Ltd
NYSE:FVRR
|
$298.39 Million |
|
Chien Kuo Construction Co Ltd
TW:5515
|
$297.89 Million |
|
XiAn Global Printing Co Ltd
SHE:002799
|
$297.85 Million |
|
Healthco Healthcare and Wellness REIT
AU:HCW
|
$297.80 Million |
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
$297.78 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: 1.62x
- 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 6.35x to 1.62x 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¥10.07 | x |
| 2013-12-31 | CN¥1.87 | CN¥10.07 | x |
| 2014-12-31 | CN¥2.10 | CN¥10.07 | x |
| 2015-12-31 | CN¥2.22 | CN¥10.07 | x |
| 2016-12-31 | CN¥2.65 | CN¥10.07 | x |
| 2017-12-31 | CN¥4.31 | CN¥10.07 | x |
| 2018-12-31 | CN¥4.00 | CN¥10.07 | x |
| 2019-12-31 | CN¥4.28 | CN¥10.07 | x |
| 2020-12-31 | CN¥4.90 | CN¥10.07 | x |
| 2021-12-31 | CN¥5.04 | CN¥10.07 | x |
| 2022-12-31 | CN¥5.28 | CN¥10.07 | x |
| 2023-12-31 | CN¥6.59 | CN¥10.07 | x |
| 2024-12-31 | CN¥6.22 | CN¥10.07 | 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: $2,597,552,779
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Baida Precision Mnfg (603331) | CN¥1.35 Billion | 11.72% | 1.46x | $297.92 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 Baida Precision Mnfg
Zhejiang Baida Precision Manufacturing Corp. engages in the research, development, manufacture, and sale of compressor and auto parts in China. The company offers rotary compressor components, including sliders, balance blocks, cylinders, crankshafts, pistons, upper- and lower-cylinder heads, and partitions; commercial air conditioner scroll compressor components comprising cross rings, lower bea… Read more