Zhejiang Natural Outdoor Goods Inc.
Zhejiang Natural Outdoor Goods Inc. engages in the research, design, development, production, and sale of outdoor sports products in China and internationally. Its products primarily include automatic inflatable mattresses, inflatable beds, waterproof bags, ice bags, pillows, seat cushions, TPU composite fabrics, etc. The company was founded in 1992 and is headquartered in Taizhou, China.
Zhejiang Natural Outdoor Goods Inc. (605080) - Net Assets
Latest net assets as of June 2025: CN¥2.17 Billion CNY
Based on the latest financial reports, Zhejiang Natural Outdoor Goods Inc. (605080) has net assets worth CN¥2.17 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¥2.48 Billion) and total liabilities (CN¥313.07 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¥2.17 Billion |
| % of Total Assets | 87.37% |
| Annual Growth Rate | 31.63% |
| 5-Year Change | 201.95% |
| 10-Year Change | N/A |
| Growth Volatility | 51.2 |
Zhejiang Natural Outdoor Goods Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Zhejiang Natural Outdoor Goods Inc.'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 Natural Outdoor Goods Inc. (2019–2024)
The table below shows the annual net assets of Zhejiang Natural Outdoor Goods Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.04 Billion | +8.46% |
| 2023-12-31 | CN¥1.88 Billion | +5.33% |
| 2022-12-31 | CN¥1.79 Billion | +10.25% |
| 2021-12-31 | CN¥1.62 Billion | +139.74% |
| 2020-12-31 | CN¥675.54 Million | +30.92% |
| 2019-12-31 | CN¥516.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Natural Outdoor Goods Inc.'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 483.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥936.56 Million | 46.04% |
| Other Components | CN¥1.10 Billion | 53.96% |
| Total Equity | CN¥2.03 Billion | 100.00% |
Zhejiang Natural Outdoor Goods Inc. Competitors by Market Cap
The table below lists competitors of Zhejiang Natural Outdoor Goods Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ferro S.A.
WAR:FRO
|
$155.44 Million |
|
WALTER MEIER AG NAM.
F:B4A1
|
$155.45 Million |
|
Ategrity Specialty Insurance Company Holdings
NYSE:ASIC
|
$155.46 Million |
|
Alantra Partners S.A.
MC:ALNT
|
$155.57 Million |
|
ACELYRIN, INC. Common Stock
NASDAQ:SLRN
|
$155.38 Million |
|
Focus Minerals Ltd
AU:FML
|
$155.37 Million |
|
Xxentria Technology Materials Co Ltd
TWO:8942
|
$155.33 Million |
|
Colombier Acquisition Corp. II
NYSE:CLBR
|
$155.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Natural Outdoor Goods Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,867,493,573 to 2,034,165,709, a change of 166,672,136 (8.9%).
- Net income of 185,134,404 contributed positively to equity growth.
- Dividend payments of 14,968,503 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥185.13 Million | +9.1% |
| Dividends Paid | CN¥14.97 Million | -0.74% |
| Other Changes | CN¥-3.49 Million | -0.17% |
| Total Change | CN¥- | 8.92% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Natural Outdoor Goods Inc.'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: 1.68x
- 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 3.55x to 1.68x 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¥6.80 | CN¥24.16 | x |
| 2020-12-31 | CN¥6.36 | CN¥24.16 | x |
| 2021-12-31 | CN¥11.44 | CN¥24.16 | x |
| 2022-12-31 | CN¥12.62 | CN¥24.16 | x |
| 2023-12-31 | CN¥13.19 | CN¥24.16 | x |
| 2024-12-31 | CN¥14.37 | CN¥24.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Natural Outdoor Goods Inc. 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): 9.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.47%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.16x
- Recent ROE (9.10%) is below the historical average (15.11%), 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 | 25.46% | 24.11% | 0.76x | 1.39x | CN¥79.78 Million |
| 2020 | 23.62% | 27.44% | 0.68x | 1.27x | CN¥91.99 Million |
| 2021 | 13.55% | 26.06% | 0.46x | 1.13x | CN¥57.56 Million |
| 2022 | 11.92% | 22.52% | 0.48x | 1.11x | CN¥34.27 Million |
| 2023 | 7.00% | 15.87% | 0.38x | 1.15x | CN¥-56.07 Million |
| 2024 | 9.10% | 18.47% | 0.43x | 1.16x | CN¥-18.28 Million |
Industry Comparison
This section compares Zhejiang Natural Outdoor Goods Inc.'s net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $780,869,385
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Natural Outdoor Goods Inc. (605080) | CN¥2.17 Billion | 25.46% | 0.14x | $155.43 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.76 Billion | 0.00% | 0.00x | $399.65 Million |
| Sportsoul Co. Ltd. A (001300) | $1.06 Billion | 2.11% | 0.25x | $179.80 Million |
| HL Corp Shenzhen (002105) | $567.28 Million | 4.46% | 1.51x | $173.11 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.06 Billion | 8.95% | 0.37x | $695.43 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $334.52 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.73 Billion | 0.16% | 0.22x | $191.51 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.17 Million | 5.62% | 0.07x | $192.82 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $407.33 Million |