ZhongWang Fabric Co. Ltd.
Zhong Wang Fabric Co.,Ltd. engages in the research, development, design, production, and sales of medium and high-end decorative fabrics and products in China. The company offers various decorative fabrics and sofa covers products. It provides its products under the Z-WOVENS, Sunbelievable, Neverfear, Z-free, and Z-cycle brands in the United States. Zhong Wang Fabric Co.,Ltd. was founded in 1994 … Read more
ZhongWang Fabric Co. Ltd. (605003) - Net Assets
Latest net assets as of September 2025: CN¥1.44 Billion CNY
Based on the latest financial reports, ZhongWang Fabric Co. Ltd. (605003) has net assets worth CN¥1.44 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¥1.56 Billion) and total liabilities (CN¥115.20 Million). 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¥1.44 Billion |
| % of Total Assets | 92.6% |
| Annual Growth Rate | 28.08% |
| 5-Year Change | 45.93% |
| 10-Year Change | N/A |
| Growth Volatility | 59.48 |
ZhongWang Fabric Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how ZhongWang Fabric 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 ZhongWang Fabric Co. Ltd. (2016–2024)
The table below shows the annual net assets of ZhongWang Fabric Co. Ltd. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.43 Billion | +2.46% |
| 2023-12-31 | CN¥1.40 Billion | +23.75% |
| 2022-12-31 | CN¥1.13 Billion | +4.16% |
| 2021-12-31 | CN¥1.09 Billion | +10.51% |
| 2020-12-31 | CN¥982.55 Million | +187.59% |
| 2019-12-31 | CN¥341.65 Million | +27.07% |
| 2018-12-31 | CN¥268.87 Million | +50.59% |
| 2017-12-31 | CN¥178.54 Million | -9.80% |
| 2016-12-31 | CN¥197.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZhongWang Fabric 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 617.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥716.56 Million | 49.98% |
| Common Stock | CN¥110.00 Million | 7.67% |
| Other Components | CN¥607.28 Million | 42.35% |
| Total Equity | CN¥1.43 Billion | 100.00% |
ZhongWang Fabric Co. Ltd. Competitors by Market Cap
The table below lists competitors of ZhongWang Fabric Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Biotrend Cevre ve Enerji Yatirimlari AS
IS:BIOEN
|
$112.68 Million |
|
Kogeneracja SA
WAR:KGN
|
$112.69 Million |
|
eMudhra Limited
NSE:EMUDHRA
|
$112.77 Million |
|
Jubilee Metals Group PLC
PINK:JUBPF
|
$112.79 Million |
|
Arima Real Estate SOCIMI SA
MC:ARM
|
$112.66 Million |
|
CAPRAL LTD.
F:CBZ
|
$112.66 Million |
|
Arvind SmartSpaces Limited
NSE:ARVSMART
|
$112.65 Million |
|
Intops Co. Ltd
KQ:049070
|
$112.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZhongWang Fabric Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,399,459,378 to 1,433,835,116, a change of 34,375,738 (2.5%).
- Net income of 80,365,243 contributed positively to equity growth.
- Dividend payments of 45,100,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥80.37 Million | +5.6% |
| Dividends Paid | CN¥45.10 Million | -3.15% |
| Other Changes | CN¥-889.50K | -0.06% |
| Total Change | CN¥- | 2.46% |
Book Value vs Market Value Analysis
This analysis compares ZhongWang Fabric 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: 2.35x
- 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 12.71x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.41 | CN¥30.63 | x |
| 2017-12-31 | CN¥2.17 | CN¥30.63 | x |
| 2018-12-31 | CN¥3.26 | CN¥30.63 | x |
| 2019-12-31 | CN¥4.19 | CN¥30.63 | x |
| 2020-12-31 | CN¥8.93 | CN¥30.63 | x |
| 2021-12-31 | CN¥9.87 | CN¥30.63 | x |
| 2022-12-31 | CN¥10.28 | CN¥30.63 | x |
| 2023-12-31 | CN¥12.71 | CN¥30.63 | x |
| 2024-12-31 | CN¥13.02 | CN¥30.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZhongWang Fabric 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): 5.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.60%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.11x
- Recent ROE (5.60%) is below the historical average (23.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 42.13% | 22.76% | 1.33x | 1.40x | CN¥63.60 Million |
| 2017 | 36.80% | 16.88% | 1.55x | 1.41x | CN¥47.86 Million |
| 2018 | 33.42% | 21.14% | 1.20x | 1.32x | CN¥62.96 Million |
| 2019 | 36.41% | 25.47% | 1.09x | 1.31x | CN¥90.24 Million |
| 2020 | 14.30% | 28.36% | 0.45x | 1.12x | CN¥42.23 Million |
| 2021 | 13.56% | 25.07% | 0.48x | 1.13x | CN¥38.61 Million |
| 2022 | 8.03% | 21.80% | 0.33x | 1.11x | CN¥-22.28 Million |
| 2023 | 22.43% | 67.93% | 0.29x | 1.13x | CN¥173.96 Million |
| 2024 | 5.60% | 14.60% | 0.35x | 1.11x | CN¥-63.02 Million |
Industry Comparison
This section compares ZhongWang Fabric Co. Ltd.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZhongWang Fabric Co. Ltd. (605003) | CN¥1.44 Billion | 42.13% | 0.08x | $112.67 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |