Zhejiang Yingfeng Technology Co Ltd

SHG:605055 China Textile Manufacturing
Market Cap
$566.70 Million
CN¥4.16 Billion CNY
Market Cap Rank
#18188 Global
#4597 in China
Share Price
CN¥9.45
Change (1 day)
-1.56%
52-Week Range
CN¥4.63 - CN¥11.51
All Time High
CN¥16.80
About

Zhejiang Yingfeng Technology Co., Ltd. engages in the textiles printing and dyeing processing business in China. The company is involved in the printing and dyeing activities for knitted and woven fabrics. It also exports its products. The company was founded in 2008 and is headquartered in Shaoxing, China.

Zhejiang Yingfeng Technology Co Ltd (605055) - Net Assets

Latest net assets as of June 2025: CN¥1.10 Billion CNY

Based on the latest financial reports, Zhejiang Yingfeng Technology Co Ltd (605055) has net assets worth CN¥1.10 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.86 Billion) and total liabilities (CN¥1.76 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¥1.10 Billion
% of Total Assets 38.42%
Annual Growth Rate 12.06%
5-Year Change 57.47%
10-Year Change N/A
Growth Volatility 21.77

Zhejiang Yingfeng Technology Co Ltd - Net Assets Trend (2019–2024)

This chart illustrates how Zhejiang Yingfeng 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 Yingfeng Technology Co Ltd (2019–2024)

The table below shows the annual net assets of Zhejiang Yingfeng Technology Co Ltd from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.17 Billion +1.17%
2023-12-31 CN¥1.15 Billion +3.14%
2022-12-31 CN¥1.12 Billion -3.38%
2021-12-31 CN¥1.16 Billion +56.20%
2020-12-31 CN¥740.12 Million +12.23%
2019-12-31 CN¥659.47 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Yingfeng 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 70.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥362.40 Million 31.14%
Other Components CN¥801.26 Million 68.86%
Total Equity CN¥1.16 Billion 100.00%

Zhejiang Yingfeng Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Yingfeng Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,145,876,487 to 1,163,658,521, a change of 17,782,034 (1.6%).
  • Net income of 44,182,034 contributed positively to equity growth.
  • Dividend payments of 49,969,477 reduced retained earnings.
  • Other factors increased equity by 23,569,477.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥44.18 Million +3.8%
Dividends Paid CN¥49.97 Million -4.29%
Other Changes CN¥23.57 Million +2.03%
Total Change CN¥- 1.55%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Yingfeng 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: 3.57x
  • 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 5.16x to 3.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥1.83 CN¥9.45 x
2020-12-31 CN¥2.06 CN¥9.45 x
2021-12-31 CN¥2.63 CN¥9.45 x
2022-12-31 CN¥2.52 CN¥9.45 x
2023-12-31 CN¥2.60 CN¥9.45 x
2024-12-31 CN¥2.64 CN¥9.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Yingfeng 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): 3.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.80%
  • • Asset Turnover: 0.57x
  • • Equity Multiplier: 2.39x
  • Recent ROE (3.80%) is below the historical average (6.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 17.28% 12.61% 0.69x 1.99x CN¥48.03 Million
2020 10.90% 10.34% 0.48x 2.18x CN¥6.63 Million
2021 7.64% 6.79% 0.61x 1.84x CN¥-27.31 Million
2022 -4.29% -3.47% 0.60x 2.07x CN¥-158.37 Million
2023 3.25% 2.40% 0.71x 1.91x CN¥-77.40 Million
2024 3.80% 2.80% 0.57x 2.39x CN¥-72.18 Million

Industry Comparison

This section compares Zhejiang Yingfeng Technology 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
Zhejiang Yingfeng Technology Co Ltd (605055) CN¥1.10 Billion 17.28% 1.60x $101.12 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