Zhejiang Huada New Materials Co Ltd
Zhejiang Huada New Materials Co., Ltd. engages in the research, development, production, and sale of multifunctional color coated sheets, hot-dip galvanized aluminum sheets, and related substrates in China and internationally. It also provides cold rolled coils and hot-dip aluminum zinc sheets, as well as business and water transport services. The company serves construction, home appliances, aut… Read more
Zhejiang Huada New Materials Co Ltd (605158) - Net Assets
Latest net assets as of September 2025: CN¥2.47 Billion CNY
Based on the latest financial reports, Zhejiang Huada New Materials Co Ltd (605158) has net assets worth CN¥2.47 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¥8.40 Billion) and total liabilities (CN¥5.93 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¥2.47 Billion |
| % of Total Assets | 29.41% |
| Annual Growth Rate | 25.85% |
| 5-Year Change | 30.08% |
| 10-Year Change | 701.21% |
| Growth Volatility | 29.21 |
Zhejiang Huada New Materials Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Zhejiang Huada New Materials 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 Huada New Materials Co Ltd (2013–2024)
The table below shows the annual net assets of Zhejiang Huada New Materials Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.56 Billion | +4.82% |
| 2023-12-31 | CN¥2.44 Billion | +12.60% |
| 2022-12-31 | CN¥2.17 Billion | +7.50% |
| 2021-12-31 | CN¥2.01 Billion | +2.52% |
| 2020-12-31 | CN¥1.97 Billion | +109.07% |
| 2019-12-31 | CN¥939.97 Million | +25.55% |
| 2018-12-31 | CN¥748.68 Million | +19.30% |
| 2017-12-31 | CN¥627.54 Million | +25.81% |
| 2016-12-31 | CN¥498.80 Million | +56.34% |
| 2015-12-31 | CN¥319.05 Million | +19.51% |
| 2014-12-31 | CN¥266.96 Million | +31.00% |
| 2013-12-31 | CN¥203.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Huada New Materials 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 1034.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 48.06% |
| Common Stock | CN¥511.42 Million | 20.01% |
| Other Components | CN¥816.33 Million | 31.93% |
| Total Equity | CN¥2.56 Billion | 100.00% |
Zhejiang Huada New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Huada New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
$137.43 Million |
|
LIFE SCI.REIT PLC LS -01
F:JL6
|
$137.55 Million |
|
Hainan Huluwa Pharmaceutical Group Co Ltd
SHG:605199
|
$137.55 Million |
|
Sarawak Oil Palms Bhd
KLSE:5126
|
$137.58 Million |
|
Hung Ching Development & Construction Co Ltd
TW:2527
|
$137.37 Million |
|
Star Cement Limited
NSE:STARCEMENT
|
$137.34 Million |
|
Oportun Financial Corp
NASDAQ:OPRT
|
$137.33 Million |
|
NationGate Holdings Berhad
KLSE:0270
|
$137.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Huada New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,438,828,315 to 2,556,291,507, a change of 117,463,192 (4.8%).
- Net income of 229,407,145 contributed positively to equity growth.
- Dividend payments of 136,444,039 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥229.41 Million | +8.97% |
| Dividends Paid | CN¥136.44 Million | -5.34% |
| Other Changes | CN¥24.50 Million | +0.96% |
| Total Change | CN¥- | 4.82% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Huada New Materials 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: 1.60x
- 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 6.27x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.28 | CN¥8.01 | x |
| 2014-12-31 | CN¥1.68 | CN¥8.01 | x |
| 2015-12-31 | CN¥2.03 | CN¥8.01 | x |
| 2016-12-31 | CN¥2.37 | CN¥8.01 | x |
| 2017-12-31 | CN¥1.62 | CN¥8.01 | x |
| 2018-12-31 | CN¥1.95 | CN¥8.01 | x |
| 2019-12-31 | CN¥1.84 | CN¥8.01 | x |
| 2020-12-31 | CN¥3.84 | CN¥8.01 | x |
| 2021-12-31 | CN¥3.95 | CN¥8.01 | x |
| 2022-12-31 | CN¥4.23 | CN¥8.01 | x |
| 2023-12-31 | CN¥4.74 | CN¥8.01 | x |
| 2024-12-31 | CN¥5.00 | CN¥8.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Huada New Materials 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): 8.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.31%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 3.04x
- Recent ROE (8.97%) is below the historical average (16.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.58% | 1.12% | 1.88x | 5.50x | CN¥3.16 Million |
| 2014 | 24.04% | 2.72% | 2.17x | 4.07x | CN¥36.84 Million |
| 2015 | 20.42% | 3.35% | 2.15x | 2.84x | CN¥33.09 Million |
| 2016 | 25.25% | 4.84% | 2.19x | 2.39x | CN¥75.80 Million |
| 2017 | 20.48% | 3.12% | 3.04x | 2.16x | CN¥65.48 Million |
| 2018 | 16.56% | 2.36% | 3.40x | 2.06x | CN¥49.13 Million |
| 2019 | 20.35% | 3.49% | 3.15x | 1.85x | CN¥97.30 Million |
| 2020 | 14.00% | 4.51% | 2.37x | 1.31x | CN¥78.69 Million |
| 2021 | 7.34% | 1.74% | 2.64x | 1.60x | CN¥-53.58 Million |
| 2022 | 9.34% | 2.49% | 1.58x | 2.38x | CN¥-14.30 Million |
| 2023 | 13.71% | 4.41% | 1.26x | 2.47x | CN¥90.46 Million |
| 2024 | 8.97% | 3.31% | 0.89x | 3.04x | CN¥-26.22 Million |
Industry Comparison
This section compares Zhejiang Huada New Materials Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $13,874,696,979
- Average return on equity (ROE) among peers: 20.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Huada New Materials Co Ltd (605158) | CN¥2.47 Billion | 11.58% | 2.40x | $137.38 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $4.40 Billion | 81.30% | 0.74x | $1.84 Billion |
| HBIS Co Ltd (000709) | $7.63 Billion | 11.59% | 1.03x | $1.27 Billion |
| Sgis Songshan Co Ltd (000717) | $8.00 Billion | 22.80% | 1.15x | $443.11 Million |
| Bengang Steel Plates Co Ltd (000761) | $20.01 Billion | 2.78% | 2.03x | $452.44 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $2.18 Billion | 17.60% | 0.97x | $1.51 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $27.34 Billion | 16.91% | 1.72x | $1.33 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.18 Billion | 1.14% | 1.80x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $60.19 Billion | 11.57% | 0.62x | $1.19 Billion |
| Hunan Valin Steel Co Ltd (000932) | $1.39 Billion | 22.60% | 1.61x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $6.43 Billion | 16.93% | 1.18x | $911.24 Million |