Zhejiang Jinghua Laser Technology Co Ltd Class A
Zhejiang Jinghua Laser Technology Co.,Ltd develops, manufactures, and sells laser holographic molded products. It also offers platinum embossed optical products. In addition, The company provides laser holographic security paper, laser holographic anti-counterfeiting films, and anti-counterfeiting cables. Zhejiang Jinghua Laser Technology Co.,Ltd was founded in 1992 and is based in Shaoxing, Chin… Read more
Zhejiang Jinghua Laser Technology Co Ltd Class A (603607) - Net Assets
Latest net assets as of September 2025: CN¥1.01 Billion CNY
Based on the latest financial reports, Zhejiang Jinghua Laser Technology Co Ltd Class A (603607) has net assets worth CN¥1.01 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¥1.78 Billion) and total liabilities (CN¥770.24 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¥1.01 Billion |
| % of Total Assets | 56.75% |
| Annual Growth Rate | 15.82% |
| 5-Year Change | 13.53% |
| 10-Year Change | 301.32% |
| Growth Volatility | 39.06 |
Zhejiang Jinghua Laser Technology Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Zhejiang Jinghua Laser Technology Co Ltd Class A'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 Jinghua Laser Technology Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Zhejiang Jinghua Laser Technology Co Ltd Class A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion | +1.55% |
| 2023-12-31 | CN¥1.01 Billion | +0.43% |
| 2022-12-31 | CN¥1.01 Billion | +3.80% |
| 2021-12-31 | CN¥970.23 Million | +7.24% |
| 2020-12-31 | CN¥904.71 Million | +8.56% |
| 2019-12-31 | CN¥833.38 Million | +8.76% |
| 2018-12-31 | CN¥766.26 Million | +8.39% |
| 2017-12-31 | CN¥706.92 Million | +141.47% |
| 2016-12-31 | CN¥292.76 Million | +14.39% |
| 2015-12-31 | CN¥255.93 Million | -0.56% |
| 2014-12-31 | CN¥257.37 Million | +26.05% |
| 2013-12-31 | CN¥204.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Jinghua Laser Technology Co Ltd Class A'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 197.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥403.42 Million | 39.30% |
| Common Stock | CN¥178.52 Million | 17.39% |
| Other Comprehensive Income | CN¥71.54 Million | 6.97% |
| Other Components | CN¥373.03 Million | 36.34% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Zhejiang Jinghua Laser Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Zhejiang Jinghua Laser Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
R&G PharmaStudies Co. Ltd. A
SHE:301333
|
$269.29 Million |
|
Shenzhen Glory Medical Co Ltd
SHE:002551
|
$269.33 Million |
|
Evgo Inc
NASDAQ:EVGO
|
$269.35 Million |
|
Frequency Electronics Inc
NASDAQ:FEIM
|
$269.37 Million |
|
RPMGlobal Holdings Limited
PINK:RPGHF
|
$269.24 Million |
|
Guangdong Huiyun Titanium Industry
SHE:300891
|
$269.22 Million |
|
Nantong Square Cold Chain Equipment Co Ltd
SHG:603339
|
$269.12 Million |
|
Hengerda New Materials (Fujian) Co. Ltd.
SHE:300946
|
$269.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Jinghua Laser Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,009,797,899 to 1,026,511,725, a change of 16,713,826 (1.7%).
- Net income of 105,927,438 contributed positively to equity growth.
- Dividend payments of 89,363,343 reduced retained earnings.
- Other comprehensive income increased equity by 5,127,306.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥105.93 Million | +10.32% |
| Dividends Paid | CN¥89.36 Million | -8.71% |
| Other Comprehensive Income | CN¥5.13 Million | +0.5% |
| Other Changes | CN¥-4.98 Million | -0.48% |
| Total Change | CN¥- | 1.66% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Jinghua Laser Technology Co Ltd Class A'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: 4.29x
- 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 19.97x to 4.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.23 | CN¥24.55 | x |
| 2014-12-31 | CN¥1.58 | CN¥24.55 | x |
| 2015-12-31 | CN¥1.88 | CN¥24.55 | x |
| 2016-12-31 | CN¥2.20 | CN¥24.55 | x |
| 2017-12-31 | CN¥5.01 | CN¥24.55 | x |
| 2018-12-31 | CN¥4.29 | CN¥24.55 | x |
| 2019-12-31 | CN¥4.67 | CN¥24.55 | x |
| 2020-12-31 | CN¥5.05 | CN¥24.55 | x |
| 2021-12-31 | CN¥5.42 | CN¥24.55 | x |
| 2022-12-31 | CN¥5.63 | CN¥24.55 | x |
| 2023-12-31 | CN¥5.62 | CN¥24.55 | x |
| 2024-12-31 | CN¥5.72 | CN¥24.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Jinghua Laser Technology Co Ltd Class A 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): 10.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.69%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.65x
- Recent ROE (10.32%) is below the historical average (15.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 26.36% | 10.90% | 1.16x | 2.09x | CN¥26.72 Million |
| 2014 | 25.75% | 11.41% | 1.12x | 2.02x | CN¥33.02 Million |
| 2015 | 22.54% | 13.16% | 1.12x | 1.53x | CN¥31.37 Million |
| 2016 | 22.92% | 15.23% | 0.89x | 1.69x | CN¥37.83 Million |
| 2017 | 11.69% | 15.41% | 0.63x | 1.20x | CN¥11.94 Million |
| 2018 | 12.50% | 17.26% | 0.62x | 1.18x | CN¥19.15 Million |
| 2019 | 12.61% | 15.67% | 0.64x | 1.25x | CN¥21.74 Million |
| 2020 | 11.94% | 15.29% | 0.64x | 1.22x | CN¥17.47 Million |
| 2021 | 11.48% | 12.68% | 0.72x | 1.26x | CN¥14.35 Million |
| 2022 | 12.50% | 14.29% | 0.63x | 1.40x | CN¥25.12 Million |
| 2023 | 9.25% | 12.30% | 0.47x | 1.59x | CN¥-7.62 Million |
| 2024 | 10.32% | 11.69% | 0.54x | 1.65x | CN¥3.28 Million |
Industry Comparison
This section compares Zhejiang Jinghua Laser Technology Co Ltd Class A's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,420,861,121
- Average return on equity (ROE) among peers: 10.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jinghua Laser Technology Co Ltd Class A (603607) | CN¥1.01 Billion | 26.36% | 0.76x | $269.24 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $499.69 Million | 5.17% | 3.64x | $570.17 Million |
| Huangshan Novel Co Ltd (002014) | $2.17 Billion | 14.55% | 0.39x | $325.66 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.61 Billion | 11.62% | 0.43x | $510.63 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $395.61 Million | 12.91% | 0.75x | $308.30 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $1.53 Billion | 1.72% | 0.19x | $750.65 Million |
| Zhejiang Great Southeast Co Ltd (002263) | $528.24 Million | 10.31% | 2.26x | $667.27 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $2.26 Billion | 11.64% | 0.30x | $467.53 Million |
| Shandong Lipeng Co Ltd (002374) | $80.52 Million | 16.87% | 1.96x | $412.89 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.07 Billion | 6.80% | 0.73x | $544.72 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.06 Billion | 11.10% | 0.50x | $1.10 Billion |