Zhejiang Yongjin Metal Technology Co Ltd
Yongjin Technology Group Co., Ltd. engages in the research, development, production, and sale of cold-rolled stainless steel strips in China. The company offers precision cold-rolled stainless steel sheets; ultra-thin high-precision soft precision plates and strips for use in 3C, smart devices, new energy vehicles, and other downstream industries. It also provides wide-width cold-rolled stainless… Read more
Zhejiang Yongjin Metal Technology Co Ltd (603995) - Net Assets
Latest net assets as of September 2025: CN¥7.07 Billion CNY
Based on the latest financial reports, Zhejiang Yongjin Metal Technology Co Ltd (603995) has net assets worth CN¥7.07 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¥15.96 Billion) and total liabilities (CN¥8.89 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¥7.07 Billion |
| % of Total Assets | 44.31% |
| Annual Growth Rate | 26.71% |
| 5-Year Change | 89.86% |
| 10-Year Change | N/A |
| Growth Volatility | 22.66 |
Zhejiang Yongjin Metal Technology Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Zhejiang Yongjin Metal Technology Co Ltd'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 Yongjin Metal Technology Co Ltd (2015–2024)
The table below shows the annual net assets of Zhejiang Yongjin Metal Technology Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.85 Billion | +11.00% |
| 2023-12-31 | CN¥6.17 Billion | +28.45% |
| 2022-12-31 | CN¥4.81 Billion | +10.46% |
| 2021-12-31 | CN¥4.35 Billion | +20.54% |
| 2020-12-31 | CN¥3.61 Billion | +14.10% |
| 2019-12-31 | CN¥3.16 Billion | +88.37% |
| 2018-12-31 | CN¥1.68 Billion | +22.34% |
| 2017-12-31 | CN¥1.37 Billion | +23.28% |
| 2016-12-31 | CN¥1.11 Billion | +36.82% |
| 2015-12-31 | CN¥813.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Yongjin Metal Technology Co Ltd'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 955.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.99 Billion | 52.20% |
| Common Stock | CN¥365.62 Million | 6.38% |
| Other Comprehensive Income | CN¥348.02 Million | 6.07% |
| Other Components | CN¥2.03 Billion | 35.34% |
| Total Equity | CN¥5.73 Billion | 100.00% |
Zhejiang Yongjin Metal Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Yongjin Metal Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dexus Industria REIT
AU:DXI
|
$471.85 Million |
|
Hangzhou DPtech Technologies Co Ltd
SHE:300768
|
$471.86 Million |
|
Septerna, Inc. Common Stock
NASDAQ:SEPN
|
$471.92 Million |
|
bpost SA/NV
PINK:BPOSF
|
$472.00 Million |
|
Central Plaza Hotel Public Company Limited
BK:CENTEL
|
$471.57 Million |
|
Jupiter Wagons Limited
NSE:JWL
|
$471.39 Million |
|
Sanxiang Co Ltd
SHE:000863
|
$471.17 Million |
|
Jianmin Pharmaceutical Group Co Ltd
SHG:600976
|
$471.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Yongjin Metal Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,195,947,447 to 5,730,945,714, a change of 534,998,267 (10.3%).
- Net income of 805,233,023 contributed positively to equity growth.
- Dividend payments of 294,530,673 reduced retained earnings.
- Share repurchases of 63,378,839 reduced equity.
- Other comprehensive income increased equity by 348,017,530.
- Other factors decreased equity by 260,342,774.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥805.23 Million | +14.05% |
| Dividends Paid | CN¥294.53 Million | -5.14% |
| Share Repurchases | CN¥63.38 Million | -1.11% |
| Other Comprehensive Income | CN¥348.02 Million | +6.07% |
| Other Changes | CN¥-260.34 Million | -4.54% |
| Total Change | CN¥- | 10.30% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Yongjin Metal Technology Co Ltd'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: 1.33x
- 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 6.84x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥2.77 | CN¥18.92 | x |
| 2016-12-31 | CN¥3.69 | CN¥18.92 | x |
| 2017-12-31 | CN¥4.54 | CN¥18.92 | x |
| 2018-12-31 | CN¥5.73 | CN¥18.92 | x |
| 2019-12-31 | CN¥8.66 | CN¥18.92 | x |
| 2020-12-31 | CN¥9.32 | CN¥18.92 | x |
| 2021-12-31 | CN¥11.18 | CN¥18.92 | x |
| 2022-12-31 | CN¥11.05 | CN¥18.92 | x |
| 2023-12-31 | CN¥12.85 | CN¥18.92 | x |
| 2024-12-31 | CN¥14.18 | CN¥18.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Yongjin Metal Technology Co Ltd 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): 14.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.92%
- • Asset Turnover: 2.91x
- • Equity Multiplier: 2.51x
- Recent ROE (14.05%) is below the historical average (15.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.21% | 1.67% | 1.83x | 3.66x | CN¥8.41 Million |
| 2016 | 26.53% | 3.02% | 2.51x | 3.51x | CN¥153.19 Million |
| 2017 | 18.97% | 1.78% | 3.70x | 2.88x | CN¥102.66 Million |
| 2018 | 22.99% | 2.12% | 5.19x | 2.09x | CN¥187.15 Million |
| 2019 | 11.49% | 2.10% | 3.05x | 1.79x | CN¥43.07 Million |
| 2020 | 13.17% | 2.03% | 3.29x | 1.97x | CN¥99.76 Million |
| 2021 | 15.79% | 1.88% | 3.18x | 2.64x | CN¥216.85 Million |
| 2022 | 12.13% | 1.23% | 3.75x | 2.63x | CN¥85.36 Million |
| 2023 | 8.72% | 1.14% | 3.17x | 2.42x | CN¥-66.58 Million |
| 2024 | 14.05% | 1.92% | 2.91x | 2.51x | CN¥232.14 Million |
Industry Comparison
This section compares Zhejiang Yongjin Metal Technology Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $13,874,696,979
- Average return on equity (ROE) among peers: 20.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Yongjin Metal Technology Co Ltd (603995) | CN¥7.07 Billion | 11.21% | 1.26x | $471.63 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $4.40 Billion | 81.30% | 0.74x | $1.84 Billion |
| HBIS Co Ltd (000709) | $7.63 Billion | 11.59% | 1.03x | $1.27 Billion |
| Sgis Songshan Co Ltd (000717) | $8.00 Billion | 22.80% | 1.15x | $443.11 Million |
| Bengang Steel Plates Co Ltd (000761) | $20.01 Billion | 2.78% | 2.03x | $452.44 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $2.18 Billion | 17.60% | 0.97x | $1.51 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $27.34 Billion | 16.91% | 1.72x | $1.33 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.18 Billion | 1.14% | 1.80x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $60.19 Billion | 11.57% | 0.62x | $1.19 Billion |
| Hunan Valin Steel Co Ltd (000932) | $1.39 Billion | 22.60% | 1.61x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $6.43 Billion | 16.93% | 1.18x | $911.24 Million |