Zhejiang Jiaao Enprotech (603822) - Net Assets
Based on the latest financial reports, Zhejiang Jiaao Enprotech (603822) has net assets worth CN¥1.33 Billion CNY (≈ $194.07 Million USD) 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 ≈ $1.02 Billion USD) and total liabilities (CN¥5.68 Billion ≈ $830.64 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. Check Zhejiang Jiaao Enprotech (603822) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Zhejiang Jiaao Enprotech's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 603822 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.27 Billion ≈ $186.21 Million |
-8.02% |
| 2023-12-31 | CN¥1.38 Billion ≈ $202.44 Million |
+27.94% |
| 2022-12-31 | CN¥1.08 Billion ≈ $158.23 Million |
+15.43% |
| 2021-12-31 | CN¥936.77 Million ≈ $137.08 Million |
+8.33% |
| 2020-12-31 | CN¥864.76 Million ≈ $126.54 Million |
+6.28% |
| 2019-12-31 | CN¥813.62 Million ≈ $119.06 Million |
+4.65% |
| 2018-12-31 | CN¥777.48 Million ≈ $113.77 Million |
+4.80% |
| 2017-12-31 | CN¥741.86 Million ≈ $108.56 Million |
+14.28% |
| 2016-12-31 | CN¥649.18 Million ≈ $95.00 Million |
+59.01% |
| 2015-12-31 | CN¥408.27 Million ≈ $59.74 Million |
+10.52% |
| 2014-12-31 | CN¥369.42 Million ≈ $54.06 Million |
+10.85% |
| 2013-12-31 | CN¥333.26 Million ≈ $48.77 Million |
+10.67% |
| 2012-12-31 | CN¥301.11 Million ≈ $44.06 Million |
+18.93% |
| 2011-12-31 | CN¥253.19 Million ≈ $37.05 Million |
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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.
| Company | Market Cap |
|---|---|
|
Synsam AB
ST:SYNSAM
|
$857.38 Million |
|
Ryerson Holding Corp
NYSE:RYI
|
$858.13 Million |
|
SMU S.A
SN:SMU
|
$858.18 Million |
|
IRB-Brasil Resseguros S.A.
SA:IRBR3
|
$858.31 Million |
|
Jutze Intelligent Technology Co Ltd
SHE:300802
|
$857.16 Million |
|
Nantong Chaoda Equipment Co.Ltd.
SHE:301186
|
$857.11 Million |
|
Petrovietnam Camau Fertilizer
VN:DCM
|
$856.86 Million |
|
GMR Power and Urban Infra Limited
NSE:GMRP&UI
|
$856.64 Million |
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: 9.58x
- 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 16.56x to 9.58x 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¥76.25 | x |
| 2012-12-31 | CN¥5.48 | CN¥76.25 | x |
| 2013-12-31 | CN¥6.06 | CN¥76.25 | x |
| 2014-12-31 | CN¥6.72 | CN¥76.25 | x |
| 2015-12-31 | CN¥7.42 | CN¥76.25 | x |
| 2016-12-31 | CN¥9.43 | CN¥76.25 | x |
| 2017-12-31 | CN¥9.81 | CN¥76.25 | x |
| 2018-12-31 | CN¥10.22 | CN¥76.25 | x |
| 2019-12-31 | CN¥10.63 | CN¥76.25 | x |
| 2020-12-31 | CN¥11.28 | CN¥76.25 | x |
| 2021-12-31 | CN¥12.09 | CN¥76.25 | x |
| 2022-12-31 | CN¥14.08 | CN¥76.25 | x |
| 2023-12-31 | CN¥13.53 | CN¥76.25 | x |
| 2024-12-31 | CN¥7.96 | CN¥76.25 | 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: $757,076,135
- Average return on equity (ROE) among peers: 17.07%
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 | $857.21 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $132.89 Million | 13.77% | 0.98x | $508.22 Million |
| Hengyi Petrochemical Co Ltd (000703) | $187.55 Million | -10.77% | 0.62x | $9.61 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.24 Billion | 2.83% | 1.13x | $754.52 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.59 Billion | 8.19% | 3.36x | $4.71 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $92.67 Million | 58.60% | 2.88x | $8.64 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.21 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.62 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $583.32 Million |
| Zhejiang Transfar Co Ltd (002010) | $516.04 Million | 15.39% | 0.20x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $790.80 Million | 14.23% | 1.34x | $604.70 Million |
About Zhejiang Jiaao Enprotech
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