Zhejiang Yonghe Refrigerant Co Ltd Net Assets

Latest as of June 2026: CN¥6.04 Billion CNY ≈ $884.50 Million USD

Zhejiang Yonghe Refrigerant Co Ltd net assets. Based on the latest financial reports, Zhejiang Yonghe Refrigerant Co Ltd (605020) has net assets worth CN¥6.04 Billion CNY (≈ $884.50 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.01 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥2.96 Billion ≈ $433.64 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. Also explore how fast is Zhejiang Yonghe Refrigerant Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.04 Billion
% of Total Assets	67.1%
Annual Growth Rate	31.86%
5-Year Change	182.27%
10-Year Change	N/A
Growth Volatility	31.14

Net Assets of Zhejiang Yonghe Refrigerant Co Ltd (2017–2025)

Net assets of Zhejiang Yonghe Refrigerant Co Ltd from 2017 to 2025. This chart illustrates how Zhejiang Yonghe Refrigerant Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Zhejiang Yonghe Refrigerant Co Ltd to measure how much of total assets are equity-financed.

Annual Net Assets for Zhejiang Yonghe Refrigerant Co Ltd (2017–2025)

The table below shows the annual net assets of Zhejiang Yonghe Refrigerant Co Ltd from 2017 to 2025. For live market cap and overall valuation, see Zhejiang Yonghe Refrigerant Co Ltd (605020) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥5.75 Billion ≈ $841.92 Million	+101.84%
2024-12-31	CN¥2.85 Billion ≈ $417.13 Million	+7.90%
2023-12-31	CN¥2.64 Billion ≈ $386.59 Million	+5.24%
2022-12-31	CN¥2.51 Billion ≈ $367.35 Million	+23.16%
2021-12-31	CN¥2.04 Billion ≈ $298.27 Million	+52.78%
2020-12-31	CN¥1.33 Billion ≈ $195.23 Million	+8.84%
2019-12-31	CN¥1.23 Billion ≈ $179.36 Million	+25.00%
2018-12-31	CN¥980.60 Million ≈ $143.49 Million	+55.72%
2017-12-31	CN¥629.70 Million ≈ $92.15 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Yonghe Refrigerant 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 501.0% over the analyzed period, indicating profitable operations and earnings retention.

Zhejiang Yonghe Refrigerant Co Ltd Net Assets Breakdown (December 2025)

Zhejiang Yonghe Refrigerant Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥1.84 Billion	31.97%
Other Components	CN¥3.91 Billion	68.03%
Total Equity	CN¥5.75 Billion	100.00%

Zhejiang Yonghe Refrigerant Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Yonghe Refrigerant Co Ltd ranked by their market capitalization.

Company	Market Cap
ADMA Biologics Inc NASDAQ:ADMA	$2.12 Billion
EIH Limited NSE:EIHOTEL	$2.12 Billion
Aguas Andinas S.A SN:AGUAS-A	$2.12 Billion
nLIGHT Inc NASDAQ:LASR	$2.12 Billion
Wasu Media Holding Co Ltd SHE:000156	$2.11 Billion
Fujian Huoju Electronic SHG:603678	$2.11 Billion
Penn National Gaming Inc NASDAQ:PENN	$2.11 Billion
First Commonwealth Financial NYSE:FCF	$2.11 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Yonghe Refrigerant Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,848,674,774 to 5,749,313,899, a change of 2,900,639,125 (101.8%).
Net income of 561,631,731 contributed positively to equity growth.
Dividend payments of 152,497,486 reduced retained earnings.
Other factors increased equity by 2,491,504,880.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥561.63 Million	+9.77%
Dividends Paid	CN¥152.50 Million	-2.65%
Other Changes	CN¥2.49 Billion	+43.34%
Total Change	CN¥-	101.82%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Yonghe Refrigerant 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: 2.52x
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 9.49x to 2.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥2.98	CN¥28.31	x
2018-12-31	CN¥4.14	CN¥28.31	x
2019-12-31	CN¥4.47	CN¥28.31	x
2020-12-31	CN¥4.77	CN¥28.31	x
2021-12-31	CN¥6.23	CN¥28.31	x
2022-12-31	CN¥6.69	CN¥28.31	x
2023-12-31	CN¥6.90	CN¥28.31	x
2024-12-31	CN¥7.59	CN¥28.31	x
2025-12-31	CN¥11.26	CN¥28.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Yonghe Refrigerant 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): 9.77%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.79%
• Asset Turnover: 0.65x
• Equity Multiplier: 1.38x
Recent ROE (9.77%) is below the historical average (11.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	17.24%	7.13%	0.99x	2.46x	CN¥45.54 Million
2018	15.88%	7.50%	0.96x	2.21x	CN¥57.54 Million
2019	11.35%	7.38%	0.78x	1.96x	CN¥16.58 Million
2020	7.64%	5.22%	0.80x	1.83x	CN¥-31.50 Million
2021	13.64%	9.29%	0.85x	1.72x	CN¥74.16 Million
2022	11.96%	7.89%	0.71x	2.13x	CN¥49.23 Million
2023	6.96%	4.20%	0.65x	2.55x	CN¥-80.39 Million
2024	8.82%	5.46%	0.65x	2.51x	CN¥-33.53 Million
2025	9.77%	10.79%	0.65x	1.38x	CN¥-13.30 Million

Industry Comparison

This section compares Zhejiang Yonghe Refrigerant Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $4,847,026,607
Average return on equity (ROE) among peers: -26.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Yonghe Refrigerant Co Ltd (605020)	CN¥6.04 Billion	17.24%	0.49x	$2.12 Billion
North Huajin Chemical Industries Co Ltd (000059)	$11.08 Billion	16.27%	1.83x	$1.07 Billion
Sichuan Chemical Co Ltd (000155)	$6.60 Billion	4.04%	1.40x	$2.48 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$15.30 Billion	10.55%	1.29x	$10.07 Billion
Zangge Holding Co Ltd (000408)	$467.64 Million	3.25%	0.88x	$15.25 Billion
Sichuan Jinlu Group Co Ltd (000510)	$795.87 Million	1.77%	0.94x	$909.16 Million
Jilin Gpro Titanium Industry Co Ltd (000545)	$38.72 Million	-326.47%	8.38x	$277.26 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$728.86 Million	0.46%	0.67x	$779.47 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$474.34 Million	6.08%	0.53x	$547.90 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$824.49 Million	10.82%	0.01x	$282.23 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$12.16 Billion	5.54%	0.93x	$3.33 Billion

About Zhejiang Yonghe Refrigerant Co Ltd

SHG:605020 China Chemicals

Market Cap

$2.12 Billion

CN¥14.46 Billion CNY

Market Cap Rank

#5752 Global

#1035 in China

Share Price

CN¥28.31

Change (1 day)

-4.42%

52-Week Range

CN¥23.37 - CN¥48.39

All Time High

CN¥48.39