Zhenhai PetroChem Engineering
Zhenhai Petrochemical Engineering Co., Ltd. engages in general contracting, engineering consulting, engineering design, and other businesses in China. The company is involved in engineering management, supervision, engineering valuation, engineering bidding agency, and other activities; and plant-wide planning, project application report, feasibility studies, project design, procurement, construc… Read more
Zhenhai PetroChem Engineering (603637) - Net Assets
Latest net assets as of September 2025: CN¥1.03 Billion CNY
Based on the latest financial reports, Zhenhai PetroChem Engineering (603637) has net assets worth CN¥1.03 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¥1.34 Billion) and total liabilities (CN¥310.20 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¥1.03 Billion |
| % of Total Assets | 76.88% |
| Annual Growth Rate | 11.89% |
| 5-Year Change | 26.85% |
| 10-Year Change | 204.91% |
| Growth Volatility | 21.82 |
Zhenhai PetroChem Engineering - Net Assets Trend (2011–2024)
This chart illustrates how Zhenhai PetroChem Engineering's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhenhai PetroChem Engineering (2011–2024)
The table below shows the annual net assets of Zhenhai PetroChem Engineering from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion | +6.89% |
| 2023-12-31 | CN¥961.14 Million | +7.88% |
| 2022-12-31 | CN¥890.91 Million | +9.11% |
| 2021-12-31 | CN¥816.51 Million | +0.82% |
| 2020-12-31 | CN¥809.89 Million | +4.40% |
| 2019-12-31 | CN¥775.76 Million | +2.75% |
| 2018-12-31 | CN¥754.98 Million | +5.05% |
| 2017-12-31 | CN¥718.70 Million | +87.72% |
| 2016-12-31 | CN¥382.86 Million | +13.63% |
| 2015-12-31 | CN¥336.94 Million | +15.47% |
| 2014-12-31 | CN¥291.81 Million | +10.63% |
| 2013-12-31 | CN¥263.77 Million | +6.80% |
| 2012-12-31 | CN¥246.97 Million | +3.59% |
| 2011-12-31 | CN¥238.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhenhai PetroChem Engineering'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 353.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥486.78 Million | 47.38% |
| Common Stock | CN¥238.69 Million | 23.23% |
| Other Components | CN¥301.88 Million | 29.38% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Zhenhai PetroChem Engineering Competitors by Market Cap
The table below lists competitors of Zhenhai PetroChem Engineering ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cooper Energy Ltd
AU:COE
|
$277.90 Million |
|
Compagnie Financière Tradition SA
PINK:CFNCF
|
$277.93 Million |
|
Hangzhou Haoyue Personal Care Co Ltd
SHG:605009
|
$277.99 Million |
|
Beijing Haohan Data Technology Co. Ltd. A
SHG:688292
|
$278.06 Million |
|
Rxsight Inc
NASDAQ:RXST
|
$277.68 Million |
|
Byggmax Group AB
ST:BMAX
|
$277.67 Million |
|
Acco Brands Corporation
NYSE:ACCO
|
$277.61 Million |
|
Delixi Xinjiang Transp Co Ltd
SHG:603032
|
$277.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhenhai PetroChem Engineering's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 961,138,359 to 1,027,346,041, a change of 66,207,682 (6.9%).
- Net income of 97,236,845 contributed positively to equity growth.
- Dividend payments of 31,029,164 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.24 Million | +9.46% |
| Dividends Paid | CN¥31.03 Million | -3.02% |
| Other Changes | CN¥1.00 | +0.0% |
| Total Change | CN¥- | 6.89% |
Book Value vs Market Value Analysis
This analysis compares Zhenhai PetroChem Engineering'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: 2.84x
- 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 9.40x to 2.84x 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¥1.31 | CN¥12.31 | x |
| 2012-12-31 | CN¥1.36 | CN¥12.31 | x |
| 2013-12-31 | CN¥1.44 | CN¥12.31 | x |
| 2014-12-31 | CN¥1.61 | CN¥12.31 | x |
| 2015-12-31 | CN¥1.85 | CN¥12.31 | x |
| 2016-12-31 | CN¥2.09 | CN¥12.31 | x |
| 2017-12-31 | CN¥3.01 | CN¥12.31 | x |
| 2018-12-31 | CN¥3.11 | CN¥12.31 | x |
| 2019-12-31 | CN¥3.20 | CN¥12.31 | x |
| 2020-12-31 | CN¥3.36 | CN¥12.31 | x |
| 2021-12-31 | CN¥3.38 | CN¥12.31 | x |
| 2022-12-31 | CN¥3.73 | CN¥12.31 | x |
| 2023-12-31 | CN¥3.99 | CN¥12.31 | x |
| 2024-12-31 | CN¥4.33 | CN¥12.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhenhai PetroChem Engineering 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): 9.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.79%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.34x
- Recent ROE (9.46%) is below the historical average (13.91%), 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 | 28.72% | 15.88% | 1.01x | 1.79x | CN¥44.63 Million |
| 2012 | 22.11% | 9.58% | 1.37x | 1.69x | CN¥29.90 Million |
| 2013 | 17.27% | 20.36% | 0.60x | 1.40x | CN¥19.19 Million |
| 2014 | 19.47% | 22.13% | 0.68x | 1.29x | CN¥27.64 Million |
| 2015 | 21.93% | 13.32% | 1.02x | 1.61x | CN¥40.21 Million |
| 2016 | 15.75% | 19.80% | 0.57x | 1.41x | CN¥22.03 Million |
| 2017 | 6.17% | 15.17% | 0.32x | 1.28x | CN¥-27.51 Million |
| 2018 | 7.11% | 8.47% | 0.62x | 1.35x | CN¥-21.82 Million |
| 2019 | 7.41% | 5.57% | 0.77x | 1.73x | CN¥-20.07 Million |
| 2020 | 8.04% | 5.94% | 0.79x | 1.71x | CN¥-15.86 Million |
| 2021 | 9.17% | 6.81% | 0.77x | 1.74x | CN¥-6.76 Million |
| 2022 | 11.57% | 17.94% | 0.41x | 1.58x | CN¥13.96 Million |
| 2023 | 10.53% | 17.30% | 0.41x | 1.47x | CN¥5.14 Million |
| 2024 | 9.46% | 18.79% | 0.38x | 1.34x | CN¥-5.50 Million |
Industry Comparison
This section compares Zhenhai PetroChem Engineering's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhenhai PetroChem Engineering (603637) | CN¥1.03 Billion | 28.72% | 0.30x | $277.87 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |