Zhejiang Yongjin Metal Technology Co Ltd (603995) - Net Assets
Based on the latest financial reports, Zhejiang Yongjin Metal Technology Co Ltd (603995) has net assets worth CN¥7.27 Billion CNY (≈ $1.06 Billion 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¥16.66 Billion ≈ $2.44 Billion USD) and total liabilities (CN¥9.39 Billion ≈ $1.37 Billion 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 balance sheet size of Zhejiang Yongjin Metal Technology Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.27 Billion |
| % of Total Assets | 43.62% |
| Annual Growth Rate | 24.33% |
| 5-Year Change | 65.14% |
| 10-Year Change | 545.33% |
| Growth Volatility | 22.62 |
Zhejiang Yongjin Metal Technology Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Zhejiang Yongjin Metal Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Zhejiang Yongjin Metal Technology Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Zhejiang Yongjin Metal Technology Co Ltd (2015–2025)
The table below shows the annual net assets of Zhejiang Yongjin Metal Technology Co Ltd from 2015 to 2025. For live valuation and market cap data, see 603995 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.19 Billion ≈ $1.05 Billion |
+4.85% |
| 2024-12-31 | CN¥6.85 Billion ≈ $1.00 Billion |
+11.00% |
| 2023-12-31 | CN¥6.17 Billion ≈ $903.51 Million |
+28.45% |
| 2022-12-31 | CN¥4.81 Billion ≈ $703.40 Million |
+10.46% |
| 2021-12-31 | CN¥4.35 Billion ≈ $636.77 Million |
+20.54% |
| 2020-12-31 | CN¥3.61 Billion ≈ $528.25 Million |
+14.10% |
| 2019-12-31 | CN¥3.16 Billion ≈ $462.96 Million |
+88.37% |
| 2018-12-31 | CN¥1.68 Billion ≈ $245.78 Million |
+22.34% |
| 2017-12-31 | CN¥1.37 Billion ≈ $200.89 Million |
+23.28% |
| 2016-12-31 | CN¥1.11 Billion ≈ $162.95 Million |
+36.82% |
| 2015-12-31 | CN¥813.88 Million ≈ $119.10 Million |
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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 1047.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.25 Billion | 54.79% |
| Other Components | CN¥2.68 Billion | 45.21% |
| Total Equity | CN¥5.94 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 |
|---|---|
|
KTK Group Co Ltd
SHG:603680
|
$1.01 Billion |
|
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
|
$1.01 Billion |
|
Charoen Pokphand Enterprise Taiwan Co Ltd
TW:1215
|
$1.01 Billion |
|
NorthWest Healthcare Properties Real Estate Investment Trust
TO:NWH-UN
|
$1.01 Billion |
|
Penguin Solutions, Inc.
NASDAQ:PENG
|
$1.01 Billion |
|
CRA International Inc
NASDAQ:CRAI
|
$1.01 Billion |
|
SK Networks Co Ltd
KO:001740
|
$1.01 Billion |
|
Suzhou Shijia Science & Technology Inc
SHE:002796
|
$1.01 Billion |
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 2024 to 2025, total equity changed from 5,730,945,714 to 5,936,813,582, a change of 205,867,868 (3.6%).
- Net income of 548,692,587 contributed positively to equity growth.
- Dividend payments of 402,302,332 reduced retained earnings.
- Other comprehensive income decreased equity by 348,017,530.
- Other factors increased equity by 407,495,143.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥548.69 Million | +9.24% |
| Dividends Paid | CN¥402.30 Million | -6.78% |
| Other Comprehensive Income | CN¥-348.02 Million | -5.86% |
| Other Changes | CN¥407.50 Million | +6.86% |
| Total Change | CN¥- | 3.59% |
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: 1.17x
- 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 1.17x 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¥19.01 | x |
| 2016-12-31 | CN¥3.70 | CN¥19.01 | x |
| 2017-12-31 | CN¥4.56 | CN¥19.01 | x |
| 2018-12-31 | CN¥5.73 | CN¥19.01 | x |
| 2019-12-31 | CN¥11.53 | CN¥19.01 | x |
| 2020-12-31 | CN¥9.32 | CN¥19.01 | x |
| 2021-12-31 | CN¥11.14 | CN¥19.01 | x |
| 2022-12-31 | CN¥11.05 | CN¥19.01 | x |
| 2023-12-31 | CN¥12.85 | CN¥19.01 | x |
| 2024-12-31 | CN¥14.87 | CN¥19.01 | x |
| 2025-12-31 | CN¥16.24 | CN¥19.01 | 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): 9.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.29%
- • Asset Turnover: 2.73x
- • Equity Multiplier: 2.63x
- Recent ROE (9.24%) is below the historical average (14.94%), 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 |
| 2025 | 9.24% | 1.29% | 2.73x | 2.63x | CN¥-44.99 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: $16,213,948,518
- Average return on equity (ROE) among peers: 9.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Yongjin Metal Technology Co Ltd (603995) | CN¥7.27 Billion | 11.21% | 1.29x | $1.01 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $3.72 Billion | 7.86% | 0.57x | $10.29 Billion |
| HBIS Co Ltd (000709) | $46.63 Billion | 3.34% | 2.99x | $3.18 Billion |
| Sgis Songshan Co Ltd (000717) | $458.49 Million | 22.12% | 31.66x | $762.57 Million |
| Bengang Steel Plates Co Ltd (000761) | $21.55 Billion | 1.78% | 2.02x | $1.24 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $5.28 Billion | 9.06% | 0.96x | $2.19 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $35.03 Billion | 0.15% | 0.77x | $2.97 Billion |
| Jiangsu Fasten Co Ltd (000890) | $610.17 Million | 9.69% | 0.76x | $384.89 Million |
| Angang Steel Co Ltd Class A (000898) | $5.43 Billion | 5.36% | 0.28x | $2.31 Billion |
| Hunan Valin Steel Co Ltd (000932) | $38.53 Billion | 16.60% | 1.36x | $3.78 Billion |
| Beijing Shougang Co Ltd (000959) | $4.90 Billion | 14.73% | 0.91x | $4.24 Billion |
About 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 titanium alloy materials, new energy battery shell materials, metal laminate composite materials; and stainless-steel water pipes. Its stainless-steel products are widely used in electronics, home appliances, kitchen appliances, daily nec… Read more