Zhejiang Xidamen New Material Co.Ltd.
Zhejiang Xidamen New Material Co.,Ltd. engages in the research and development, design, production, and sale of indoor and outdoor light and heat block, anti-dust, anti-UV, and energy saving products in China. The company offers window covering materials, including sun screen, zebra, Shangri-la, blackout roller blinds, and relative ready made products for use in hotels, office buildings, librarie… Read more
Zhejiang Xidamen New Material Co.Ltd. (605155) - Net Assets
Latest net assets as of September 2025: CN¥1.32 Billion CNY
Based on the latest financial reports, Zhejiang Xidamen New Material Co.Ltd. (605155) has net assets worth CN¥1.32 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¥1.42 Billion) and total liabilities (CN¥98.06 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¥1.32 Billion |
| % of Total Assets | 93.11% |
| Annual Growth Rate | 23.7% |
| 5-Year Change | 26.2% |
| 10-Year Change | N/A |
| Growth Volatility | 32.29 |
Zhejiang Xidamen New Material Co.Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Zhejiang Xidamen New Material 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 Xidamen New Material Co.Ltd. (2016–2024)
The table below shows the annual net assets of Zhejiang Xidamen New Material Co.Ltd. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.28 Billion | +6.34% |
| 2023-12-31 | CN¥1.20 Billion | +5.97% |
| 2022-12-31 | CN¥1.13 Billion | +5.18% |
| 2021-12-31 | CN¥1.08 Billion | +6.47% |
| 2020-12-31 | CN¥1.01 Billion | +103.99% |
| 2019-12-31 | CN¥495.97 Million | +17.53% |
| 2018-12-31 | CN¥421.99 Million | +49.83% |
| 2017-12-31 | CN¥281.65 Million | +20.95% |
| 2016-12-31 | CN¥232.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Xidamen New Material 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 1541.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥487.50 Million | 38.18% |
| Common Stock | CN¥191.55 Million | 15.00% |
| Other Comprehensive Income | CN¥-34.90K | 0.00% |
| Other Components | CN¥597.82 Million | 46.82% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Zhejiang Xidamen New Material Co.Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Xidamen New Material Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United Bancorporation of Alabama Inc
OTCQX:UBAB
|
$169.03 Million |
|
Electro Optic Systems Holdings Limited
PINK:EOPSY
|
$169.03 Million |
|
P-Duke Technology Co Ltd
TWO:8109
|
$169.03 Million |
|
Hemisphere Properties India Limited
NSE:HEMIPROP
|
$169.05 Million |
|
Energa S.A.
WAR:ENG
|
$168.99 Million |
|
Bredband2 i Skandinavien AB
ST:BRE2
|
$168.96 Million |
|
Siantar Top Tbk
JK:STTP
|
$168.90 Million |
|
Guangdong Modern High Tech Fiber Co
SHE:300876
|
$168.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Xidamen New Material Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,200,669,262 to 1,276,833,129, a change of 76,163,867 (6.3%).
- Net income of 122,257,401 contributed positively to equity growth.
- Dividend payments of 27,383,000 reduced retained earnings.
- Share repurchases of 29,828,302 reduced equity.
- Other comprehensive income decreased equity by 67,645,970.
- Other factors increased equity by 78,763,738.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥122.26 Million | +9.58% |
| Dividends Paid | CN¥27.38 Million | -2.14% |
| Share Repurchases | CN¥29.83 Million | -2.34% |
| Other Comprehensive Income | CN¥-67.65 Million | -5.3% |
| Other Changes | CN¥78.76 Million | +6.17% |
| Total Change | CN¥- | 6.34% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Xidamen New Material 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: 2.60x
- 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 5.54x to 2.60x 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¥3.19 | CN¥17.67 | x |
| 2017-12-31 | CN¥3.26 | CN¥17.67 | x |
| 2018-12-31 | CN¥4.63 | CN¥17.67 | x |
| 2019-12-31 | CN¥3.69 | CN¥17.67 | x |
| 2020-12-31 | CN¥7.53 | CN¥17.67 | x |
| 2021-12-31 | CN¥8.02 | CN¥17.67 | x |
| 2022-12-31 | CN¥8.43 | CN¥17.67 | x |
| 2023-12-31 | CN¥8.93 | CN¥17.67 | x |
| 2024-12-31 | CN¥6.79 | CN¥17.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Xidamen New Material 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): 9.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.96%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.08x
- Recent ROE (9.58%) is below the historical average (13.25%), 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 | 21.27% | 16.01% | 1.10x | 1.21x | CN¥26.24 Million |
| 2017 | 21.71% | 17.59% | 1.02x | 1.21x | CN¥32.98 Million |
| 2018 | 18.06% | 19.49% | 0.83x | 1.12x | CN¥34.00 Million |
| 2019 | 17.82% | 21.62% | 0.74x | 1.11x | CN¥38.79 Million |
| 2020 | 7.69% | 21.97% | 0.32x | 1.09x | CN¥-23.33 Million |
| 2021 | 8.31% | 19.23% | 0.40x | 1.08x | CN¥-18.22 Million |
| 2022 | 7.25% | 16.44% | 0.41x | 1.08x | CN¥-31.19 Million |
| 2023 | 7.59% | 14.30% | 0.49x | 1.08x | CN¥-28.93 Million |
| 2024 | 9.58% | 14.96% | 0.59x | 1.08x | CN¥-5.43 Million |
Industry Comparison
This section compares Zhejiang Xidamen New Material Co.Ltd.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Xidamen New Material Co.Ltd. (605155) | CN¥1.32 Billion | 21.27% | 0.07x | $169.02 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |