Zhejiang Jiaao Enprotech

SHG:603822 China Specialty Chemicals
Market Cap
$1.23 Billion
CN¥9.00 Billion CNY
Market Cap Rank
#8759 Global
#1703 in China
Share Price
CN¥117.09
Change (1 day)
+1.60%
52-Week Range
CN¥48.65 - CN¥122.00
All Time High
CN¥122.00
About

Zhejiang Jiaao Enprotech Stock Co., Ltd, together with its subsidiaries, engages in the research, development, production, and sale of environmentally friendly plasticizers and stabilizers in China and internationally. The company also offers biodiesel and additives. Its products are used in cables, artificial leather, flocking, light box membranes, plastic films and decking, and outdoor water pi… Read more

Zhejiang Jiaao Enprotech (603822) - Net Assets

Latest net assets as of September 2025: CN¥1.33 Billion CNY

Based on the latest financial reports, Zhejiang Jiaao Enprotech (603822) has net assets worth CN¥1.33 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¥7.00 Billion) and total liabilities (CN¥5.68 Billion). 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¥1.33 Billion
% of Total Assets 18.94%
Annual Growth Rate 13.22%
5-Year Change 47.15%
10-Year Change 211.68%
Growth Volatility 15.26

Zhejiang Jiaao Enprotech - Net Assets Trend (2011–2024)

This chart illustrates how Zhejiang Jiaao Enprotech'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 Jiaao Enprotech (2011–2024)

The table below shows the annual net assets of Zhejiang Jiaao Enprotech from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.27 Billion -8.02%
2023-12-31 CN¥1.38 Billion +27.94%
2022-12-31 CN¥1.08 Billion +15.43%
2021-12-31 CN¥936.77 Million +8.33%
2020-12-31 CN¥864.76 Million +6.28%
2019-12-31 CN¥813.62 Million +4.65%
2018-12-31 CN¥777.48 Million +4.80%
2017-12-31 CN¥741.86 Million +14.28%
2016-12-31 CN¥649.18 Million +59.01%
2015-12-31 CN¥408.27 Million +10.52%
2014-12-31 CN¥369.42 Million +10.85%
2013-12-31 CN¥333.26 Million +10.67%
2012-12-31 CN¥301.11 Million +18.93%
2011-12-31 CN¥253.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Jiaao Enprotech'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 decreased by 40.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥64.36 Million 10.49%
Common Stock CN¥76.83 Million 12.52%
Other Components CN¥472.62 Million 77.00%
Total Equity CN¥613.80 Million 100.00%

Zhejiang Jiaao Enprotech Competitors by Market Cap

The table below lists competitors of Zhejiang Jiaao Enprotech ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Jiaao Enprotech's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,046,822,474 to 613,800,122, a change of -433,022,352 (-41.4%).
  • Net loss of 366,940,285 reduced equity.
  • Dividend payments of 124,468,936 reduced retained earnings.
  • Share repurchases of 18,358,901 reduced equity.
  • Other factors increased equity by 76,745,770.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-366.94 Million -59.78%
Dividends Paid CN¥124.47 Million -20.28%
Share Repurchases CN¥18.36 Million -2.99%
Other Changes CN¥76.75 Million +12.5%
Total Change CN¥- -41.37%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Jiaao Enprotech'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: 14.71x
  • 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 25.43x to 14.71x 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¥4.60 CN¥117.09 x
2012-12-31 CN¥5.48 CN¥117.09 x
2013-12-31 CN¥6.06 CN¥117.09 x
2014-12-31 CN¥6.72 CN¥117.09 x
2015-12-31 CN¥7.42 CN¥117.09 x
2016-12-31 CN¥9.43 CN¥117.09 x
2017-12-31 CN¥9.81 CN¥117.09 x
2018-12-31 CN¥10.22 CN¥117.09 x
2019-12-31 CN¥10.63 CN¥117.09 x
2020-12-31 CN¥11.28 CN¥117.09 x
2021-12-31 CN¥12.09 CN¥117.09 x
2022-12-31 CN¥14.08 CN¥117.09 x
2023-12-31 CN¥13.53 CN¥117.09 x
2024-12-31 CN¥7.96 CN¥117.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Jiaao Enprotech 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): -59.78%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -28.81%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 9.70x
  • Recent ROE (-59.78%) is below the historical average (3.32%), 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 19.36% 7.91% 1.62x 1.52x CN¥23.71 Million
2012 15.91% 7.62% 1.44x 1.45x CN¥17.81 Million
2013 9.65% 5.38% 1.10x 1.63x CN¥-1.18 Million
2014 9.79% 6.16% 0.83x 1.91x CN¥-780.26K
2015 9.52% 7.59% 0.67x 1.87x CN¥-1.97 Million
2016 6.77% 8.47% 0.51x 1.58x CN¥-20.49 Million
2017 7.08% 5.78% 0.66x 1.85x CN¥-20.99 Million
2018 7.17% 5.17% 0.72x 1.92x CN¥-21.22 Million
2019 7.98% 5.78% 0.69x 2.01x CN¥-15.77 Million
2020 4.49% 3.02% 0.60x 2.46x CN¥-45.58 Million
2021 11.29% 5.33% 0.78x 2.72x CN¥11.69 Million
2022 -2.97% -0.97% 1.08x 2.85x CN¥-135.79 Million
2023 0.20% 0.08% 0.75x 3.38x CN¥-102.59 Million
2024 -59.78% -28.81% 0.21x 9.70x CN¥-428.32 Million

Industry Comparison

This section compares Zhejiang Jiaao Enprotech'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
Zhejiang Jiaao Enprotech (603822) CN¥1.33 Billion 19.36% 4.28x $696.10 Million
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