Zhejiang Jiaao Enprotech (603822) - Net Assets
Based on the latest financial reports, Zhejiang Jiaao Enprotech (603822) has net assets worth CN¥1.50 Billion CNY (≈ $219.55 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¥7.64 Billion ≈ $1.12 Billion USD) and total liabilities (CN¥6.14 Billion ≈ $898.89 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 603822 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.50 Billion |
| % of Total Assets | 19.63% |
| Annual Growth Rate | 13.87% |
| 5-Year Change | 66.64% |
| 10-Year Change | 140.47% |
| Growth Volatility | 14.87 |
Zhejiang Jiaao Enprotech - Net Assets Trend (2011–2025)
This chart illustrates how Zhejiang Jiaao Enprotech's net assets have evolved over time, based on quarterly financial data. Check Zhejiang Jiaao Enprotech tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Zhejiang Jiaao Enprotech (2011–2025)
The table below shows the annual net assets of Zhejiang Jiaao Enprotech from 2011 to 2025. For live valuation and market cap data, see market cap of Zhejiang Jiaao Enprotech.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.56 Billion ≈ $228.43 Million |
+22.68% |
| 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 |
-- |
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 11.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥95.71 Million | 25.43% |
| Other Components | CN¥280.62 Million | 74.57% |
| Total Equity | CN¥376.33 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 |
|---|---|
|
BlackRock Utility & Infrastructure Trust
NYSE:BUI
|
$661.86 Million |
|
Latitude Group Holdings Ltd
AU:LFS
|
$662.11 Million |
|
Baramulti Suksessarana Tbk
JK:BSSR
|
$662.33 Million |
|
Aubay Société Anonyme
PA:AUB
|
$662.40 Million |
|
SENORES PHARMACEUTICALS L
NSE:SENORES
|
$661.66 Million |
|
Shore Bancshares Inc
NASDAQ:SHBI
|
$661.52 Million |
|
Gansu Longshenrongfa Pharmaceutical Industry Co Ltd
SHE:300534
|
$661.39 Million |
|
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
|
$661.35 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 2024 to 2025, total equity changed from 613,800,122 to 376,326,278, a change of -237,473,844 (-38.7%).
- Net income of 31,348,114 contributed positively to equity growth.
- Dividend payments of 194,387,141 reduced retained earnings.
- Other factors decreased equity by 74,434,817.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥31.35 Million | +8.33% |
| Dividends Paid | CN¥194.39 Million | -51.65% |
| Other Changes | CN¥-74.43 Million | -19.78% |
| Total Change | CN¥- | -38.69% |
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: 12.02x
- 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 12.79x to 12.02x 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¥58.86 | x |
| 2012-12-31 | CN¥5.48 | CN¥58.86 | x |
| 2013-12-31 | CN¥6.06 | CN¥58.86 | x |
| 2014-12-31 | CN¥6.72 | CN¥58.86 | x |
| 2015-12-31 | CN¥7.42 | CN¥58.86 | x |
| 2016-12-31 | CN¥9.43 | CN¥58.86 | x |
| 2017-12-31 | CN¥9.81 | CN¥58.86 | x |
| 2018-12-31 | CN¥10.22 | CN¥58.86 | x |
| 2019-12-31 | CN¥10.63 | CN¥58.86 | x |
| 2020-12-31 | CN¥11.28 | CN¥58.86 | x |
| 2021-12-31 | CN¥12.09 | CN¥58.86 | x |
| 2022-12-31 | CN¥14.08 | CN¥58.86 | x |
| 2023-12-31 | CN¥13.54 | CN¥58.86 | x |
| 2024-12-31 | CN¥7.96 | CN¥58.86 | x |
| 2025-12-31 | CN¥4.90 | CN¥58.86 | 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): 8.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 18.94x
- Recent ROE (8.33%) is above the historical average (3.58%), indicating improving 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¥-780.25K |
| 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 | -3.10% | -1.01% | 1.08x | 2.85x | CN¥-137.12 Million |
| 2023 | -0.72% | -0.28% | 0.75x | 3.38x | CN¥-112.22 Million |
| 2024 | -59.78% | -28.81% | 0.21x | 9.70x | CN¥-428.32 Million |
| 2025 | 8.33% | 0.65% | 0.68x | 18.94x | CN¥-6.28 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: $3,134,350,548
- Average return on equity (ROE) among peers: 8.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jiaao Enprotech (603822) | CN¥1.50 Billion | 19.36% | 4.09x | $661.71 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $190.36 Million | 11.29% | 0.83x | $374.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $22.27 Billion | 8.41% | 1.68x | $9.07 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $964.66 Million | 9.99% | 1.51x | $759.54 Million |
| Luxi Chemical Group Co Ltd (000830) | $1.14 Billion | 6.96% | 1.67x | $3.58 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.07 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $558.99 Million | 10.59% | 0.58x | $1.17 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.03 Billion | 2.67% | 2.54x | $1.29 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $211.24 Million | 7.97% | 2.37x | $691.99 Million |
| Zhejiang Transfar Co Ltd (002010) | $740.36 Million | 11.17% | 0.60x | $1.97 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $490.45 Million | 7.95% | 0.50x | $494.94 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. It also provides biodiesel and additives. The company's products are used in artificial leather, general PVC products, toys and medical PVC products, cable and electrical applicati… Read more