Zhejiang Chenfeng Science and Technology Co Ltd Class A Net Assets
Zhejiang Chenfeng Science and Technology Co Ltd Class A net assets. Based on the latest financial reports, Zhejiang Chenfeng Science and Technology Co Ltd Class A (603685) has net assets worth CN¥2.02 Billion CNY (≈ $294.98 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.87 Billion ≈ $565.72 Million USD) and total liabilities (CN¥1.85 Billion ≈ $270.75 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 Zhejiang Chenfeng Science and Technology (603685) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.02 Billion |
| % of Total Assets | 52.14% |
| Annual Growth Rate | 24.29% |
| 5-Year Change | 67.15% |
| 10-Year Change | 494.8% |
| Growth Volatility | 45.81 |
Net Assets of Zhejiang Chenfeng Science and Technology Co Ltd Class A (2013–2025)
Net assets of Zhejiang Chenfeng Science and Technology Co Ltd Class A from 2013 to 2025. This chart illustrates how Zhejiang Chenfeng Science and Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Zhejiang Chenfeng Science and Technology to measure how much of total assets are equity-financed.
Annual Net Assets for Zhejiang Chenfeng Science and Technology Co Ltd Class A (2013–2025)
The table below shows the annual net assets of Zhejiang Chenfeng Science and Technology Co Ltd Class A from 2013 to 2025. For live market cap and overall valuation, see Zhejiang Chenfeng Science and Technology stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.03 Billion ≈ $296.61 Million |
+72.84% |
| 2024-12-31 | CN¥1.17 Billion ≈ $171.61 Million |
-2.30% |
| 2023-12-31 | CN¥1.20 Billion ≈ $175.64 Million |
+7.02% |
| 2022-12-31 | CN¥1.12 Billion ≈ $164.12 Million |
-7.51% |
| 2021-12-31 | CN¥1.21 Billion ≈ $177.45 Million |
+9.23% |
| 2020-12-31 | CN¥1.11 Billion ≈ $162.45 Million |
+1.99% |
| 2019-12-31 | CN¥1.09 Billion ≈ $159.29 Million |
+9.14% |
| 2018-12-31 | CN¥997.36 Million ≈ $145.95 Million |
+10.70% |
| 2017-12-31 | CN¥900.98 Million ≈ $131.84 Million |
+164.39% |
| 2016-12-31 | CN¥340.78 Million ≈ $49.87 Million |
+37.26% |
| 2015-12-31 | CN¥248.27 Million ≈ $36.33 Million |
+40.22% |
| 2014-12-31 | CN¥177.06 Million ≈ $25.91 Million |
+18.70% |
| 2013-12-31 | CN¥149.17 Million ≈ $21.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Chenfeng Science and 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 329.8% over the analyzed period, indicating profitable operations and earnings retention.
Zhejiang Chenfeng Science and Technology Co Ltd Class A Net Assets Breakdown (December 2025)
Zhejiang Chenfeng Science and Technology Co Ltd Class A net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥429.35 Million | 21.40% |
| Other Components | CN¥1.58 Billion | 78.60% |
| Total Equity | CN¥2.01 Billion | 100.00% |
Zhejiang Chenfeng Science and Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Zhejiang Chenfeng Science and Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Square Real Estate Ltd
TA:BLSR
|
$902.02 Million |
|
Shanghai Shibei Hi-Tech Co Ltd A
SHG:600604
|
$867.07 Million |
|
Yutong Optical
SHE:300790
|
$867.17 Million |
|
Scholastic Corporation
NASDAQ:SCHL
|
$867.31 Million |
|
Aebi Schmidt Holding AG - Common Stock
NASDAQ:AEBI
|
$866.83 Million |
|
Aksa Akrilik Kimya Sanayi AS
IS:AKSA
|
$866.66 Million |
|
I.E.S Holdings Ltd
TA:IES
|
$872.96 Million |
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
$865.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Chenfeng Science and Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,150,759,945 to 2,005,995,607, a change of 855,235,662 (74.3%).
- Net income of 22,042,218 contributed positively to equity growth.
- Dividend payments of 51,663,921 reduced retained earnings.
- Other comprehensive income decreased equity by 74,810,605.
- Other factors increased equity by 959,667,969.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.04 Million | +1.1% |
| Dividends Paid | CN¥51.66 Million | -2.58% |
| Other Comprehensive Income | CN¥-74.81 Million | -3.73% |
| Other Changes | CN¥959.67 Million | +47.84% |
| Total Change | CN¥- | 74.32% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Chenfeng Science and 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: 2.95x
- 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 6.87x to 2.95x 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¥3.44 | CN¥23.61 | x |
| 2014-12-31 | CN¥4.08 | CN¥23.61 | x |
| 2015-12-31 | CN¥2.50 | CN¥23.61 | x |
| 2016-12-31 | CN¥2.68 | CN¥23.61 | x |
| 2017-12-31 | CN¥6.93 | CN¥23.61 | x |
| 2018-12-31 | CN¥5.76 | CN¥23.61 | x |
| 2019-12-31 | CN¥6.18 | CN¥23.61 | x |
| 2020-12-31 | CN¥6.35 | CN¥23.61 | x |
| 2021-12-31 | CN¥6.85 | CN¥23.61 | x |
| 2022-12-31 | CN¥6.50 | CN¥23.61 | x |
| 2023-12-31 | CN¥7.01 | CN¥23.61 | x |
| 2024-12-31 | CN¥7.27 | CN¥23.61 | x |
| 2025-12-31 | CN¥7.99 | CN¥23.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Chenfeng Science and 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): 1.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.95%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.89x
- Recent ROE (1.10%) is below the historical average (11.05%), 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 | 19.57% | 10.42% | 1.13x | 1.66x | CN¥13.85 Million |
| 2014 | 15.78% | 8.97% | 1.07x | 1.64x | CN¥9.93 Million |
| 2015 | 23.65% | 12.71% | 1.14x | 1.63x | CN¥33.89 Million |
| 2016 | 27.15% | 15.91% | 1.27x | 1.35x | CN¥58.43 Million |
| 2017 | 12.43% | 14.41% | 0.79x | 1.09x | CN¥21.86 Million |
| 2018 | 10.77% | 11.92% | 0.64x | 1.41x | CN¥7.48 Million |
| 2019 | 10.68% | 10.03% | 0.72x | 1.48x | CN¥7.08 Million |
| 2020 | 9.45% | 8.65% | 0.66x | 1.65x | CN¥-5.90 Million |
| 2021 | 8.61% | 6.49% | 0.62x | 2.13x | CN¥-16.25 Million |
| 2022 | -3.69% | -3.48% | 0.53x | 2.00x | CN¥-150.00 Million |
| 2023 | 7.14% | 6.75% | 0.37x | 2.89x | CN¥-33.65 Million |
| 2024 | 0.96% | 0.88% | 0.35x | 3.14x | CN¥-103.99 Million |
| 2025 | 1.10% | 1.95% | 0.30x | 1.89x | CN¥-178.56 Million |
Industry Comparison
This section compares Zhejiang Chenfeng Science and Technology Co Ltd Class A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,469,196,398
- Average return on equity (ROE) among peers: 6.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Chenfeng Science and Technology Co Ltd Class A (603685) | CN¥2.02 Billion | 19.57% | 0.92x | $867.01 Million |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.76 Billion |
| Guangdong Macro Co Ltd (000533) | $627.50 Million | 10.89% | 1.21x | $971.46 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $1.10 Billion | 12.20% | 0.26x | $933.93 Million |
| Dongfang Electronics Co Ltd (000682) | $1.47 Billion | 1.37% | 0.27x | $2.01 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.42 Billion | -38.55% | 5.34x | $603.09 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $9.31 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.14 Billion |
| Sieyuan Electric Co Ltd (002028) | $1.88 Billion | 14.48% | 0.53x | $13.04 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $426.33 Million |
| Gotion High tech Co Ltd (002074) | $3.04 Billion | 19.22% | 1.21x | $6.61 Billion |
About Zhejiang Chenfeng Science and Technology Co Ltd Class A
Zhejiang Chenfeng Technology Co., Ltd. engages in the research, development, manufacture, and sale of lighting product components in China and internationally. It operates through Lighting Business and New Energy Business segments. The company offers LED lighting heat sink series, lighting printed circuit board series, lamp head series, and lighting metal parts series. It also provides LED bulb l… Read more