Chongqing Zaisheng Tech Corp
Chongqing Zaisheng Technology Co., Ltd. researches, manufactures, and markets fiber cotton in China. It offers medical masks, disinfection equipment, and disinfection products for the prevention and control of infectious diseases; glass fiber products, air filtration materials and equipment; and daily masks. The company also provides clean air material products, including air filter materials, PT… Read more
Chongqing Zaisheng Tech Corp (603601) - Net Assets
Latest net assets as of September 2025: CN¥2.32 Billion CNY
Based on the latest financial reports, Chongqing Zaisheng Tech Corp (603601) has net assets worth CN¥2.32 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¥3.19 Billion) and total liabilities (CN¥861.86 Million). 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¥2.32 Billion |
| % of Total Assets | 72.94% |
| Annual Growth Rate | 24.1% |
| 5-Year Change | 17.24% |
| 10-Year Change | 547.27% |
| Growth Volatility | 58.19 |
Chongqing Zaisheng Tech Corp - Net Assets Trend (2011–2024)
This chart illustrates how Chongqing Zaisheng Tech Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chongqing Zaisheng Tech Corp (2011–2024)
The table below shows the annual net assets of Chongqing Zaisheng Tech Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.23 Billion | -1.80% |
| 2023-12-31 | CN¥2.27 Billion | +1.21% |
| 2022-12-31 | CN¥2.24 Billion | +10.25% |
| 2021-12-31 | CN¥2.03 Billion | +6.99% |
| 2020-12-31 | CN¥1.90 Billion | +29.55% |
| 2019-12-31 | CN¥1.47 Billion | +8.86% |
| 2018-12-31 | CN¥1.35 Billion | +11.55% |
| 2017-12-31 | CN¥1.21 Billion | +8.67% |
| 2016-12-31 | CN¥1.11 Billion | +222.93% |
| 2015-12-31 | CN¥343.81 Million | +74.42% |
| 2014-12-31 | CN¥197.12 Million | +19.00% |
| 2013-12-31 | CN¥165.65 Million | +14.91% |
| 2012-12-31 | CN¥144.16 Million | +7.28% |
| 2011-12-31 | CN¥134.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Zaisheng Tech Corp'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 2260.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥734.37 Million | 33.62% |
| Common Stock | CN¥1.02 Billion | 46.77% |
| Other Comprehensive Income | CN¥96.44 Million | 4.41% |
| Other Components | CN¥332.06 Million | 15.20% |
| Total Equity | CN¥2.18 Billion | 100.00% |
Chongqing Zaisheng Tech Corp Competitors by Market Cap
The table below lists competitors of Chongqing Zaisheng Tech Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genius Electronic Optical Co Ltd
TW:3406
|
$1.04 Billion |
|
E-Mart
KO:139480
|
$1.04 Billion |
|
Qingdao Port International Co. Ltd
PINK:QNDPF
|
$1.04 Billion |
|
King’s Town Bank
TW:2809
|
$1.04 Billion |
|
Papa John's International Inc
NASDAQ:PZZA
|
$1.04 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
$1.04 Billion |
|
Global Health Limited
NSE:MEDANTA
|
$1.04 Billion |
|
Great Lakes Dredge & Dock
NASDAQ:GLDD
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Zaisheng Tech Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,193,557,522 to 2,184,510,532, a change of -9,046,990 (-0.4%).
- Net income of 90,752,790 contributed positively to equity growth.
- Dividend payments of 94,498,257 reduced retained earnings.
- Other comprehensive income decreased equity by 143,952,538.
- Other factors increased equity by 138,651,015.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.75 Million | +4.15% |
| Dividends Paid | CN¥94.50 Million | -4.33% |
| Other Comprehensive Income | CN¥-143.95 Million | -6.59% |
| Other Changes | CN¥138.65 Million | +6.35% |
| Total Change | CN¥- | -0.41% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Zaisheng Tech Corp'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: 5.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 54.34x to 5.43x 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¥0.21 | CN¥11.61 | x |
| 2012-12-31 | CN¥0.23 | CN¥11.61 | x |
| 2013-12-31 | CN¥0.26 | CN¥11.61 | x |
| 2014-12-31 | CN¥0.31 | CN¥11.61 | x |
| 2015-12-31 | CN¥0.41 | CN¥11.61 | x |
| 2016-12-31 | CN¥1.18 | CN¥11.61 | x |
| 2017-12-31 | CN¥1.22 | CN¥11.61 | x |
| 2018-12-31 | CN¥1.34 | CN¥11.61 | x |
| 2019-12-31 | CN¥1.42 | CN¥11.61 | x |
| 2020-12-31 | CN¥1.80 | CN¥11.61 | x |
| 2021-12-31 | CN¥2.76 | CN¥11.61 | x |
| 2022-12-31 | CN¥2.16 | CN¥11.61 | x |
| 2023-12-31 | CN¥2.15 | CN¥11.61 | x |
| 2024-12-31 | CN¥2.14 | CN¥11.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Zaisheng Tech Corp 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): 4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.15%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.42x
- Recent ROE (4.15%) is below the historical average (12.01%), 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 | 24.00% | 21.01% | 0.86x | 1.33x | CN¥18.82 Million |
| 2012 | 8.95% | 8.28% | 0.80x | 1.36x | CN¥-1.49 Million |
| 2013 | 15.45% | 12.43% | 0.90x | 1.38x | CN¥9.02 Million |
| 2014 | 18.55% | 17.13% | 0.83x | 1.31x | CN¥16.86 Million |
| 2015 | 15.08% | 21.87% | 0.52x | 1.32x | CN¥17.22 Million |
| 2016 | 7.43% | 25.26% | 0.24x | 1.24x | CN¥-28.01 Million |
| 2017 | 9.48% | 17.75% | 0.31x | 1.73x | CN¥-6.23 Million |
| 2018 | 11.98% | 14.69% | 0.47x | 1.72x | CN¥26.23 Million |
| 2019 | 12.00% | 13.65% | 0.51x | 1.72x | CN¥28.45 Million |
| 2020 | 19.75% | 19.09% | 0.69x | 1.51x | CN¥177.55 Million |
| 2021 | 12.65% | 15.48% | 0.55x | 1.48x | CN¥52.53 Million |
| 2022 | 6.89% | 9.33% | 0.47x | 1.56x | CN¥-68.33 Million |
| 2023 | 1.74% | 2.30% | 0.54x | 1.41x | CN¥-181.22 Million |
| 2024 | 4.15% | 6.15% | 0.48x | 1.42x | CN¥-127.70 Million |
Industry Comparison
This section compares Chongqing Zaisheng Tech Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Zaisheng Tech Corp (603601) | CN¥2.32 Billion | 24.00% | 0.37x | $1.04 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |