Zhejiang Huada New Materials Co Ltd (605158) - Net Assets
Based on the latest financial reports, Zhejiang Huada New Materials Co Ltd (605158) has net assets worth CN¥2.46 Billion CNY (≈ $359.95 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¥9.16 Billion ≈ $1.34 Billion USD) and total liabilities (CN¥6.70 Billion ≈ $981.10 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. See how leveraged is Zhejiang Huada New Materials Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.46 Billion |
| % of Total Assets | 26.84% |
| Annual Growth Rate | 23.05% |
| 5-Year Change | 21.84% |
| 10-Year Change | 392.11% |
| Growth Volatility | 29.37 |
Zhejiang Huada New Materials Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Zhejiang Huada New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 605158 market cap.
Annual Net Assets for Zhejiang Huada New Materials Co Ltd (2013–2025)
The table below shows the annual net assets of Zhejiang Huada New Materials Co Ltd from 2013 to 2025. Also explore net asset momentum of Zhejiang Huada New Materials Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.45 Billion ≈ $359.19 Million |
-3.98% |
| 2024-12-31 | CN¥2.56 Billion ≈ $374.07 Million |
+4.82% |
| 2023-12-31 | CN¥2.44 Billion ≈ $356.88 Million |
+12.60% |
| 2022-12-31 | CN¥2.17 Billion ≈ $316.93 Million |
+7.50% |
| 2021-12-31 | CN¥2.01 Billion ≈ $294.82 Million |
+2.52% |
| 2020-12-31 | CN¥1.97 Billion ≈ $287.57 Million |
+109.07% |
| 2019-12-31 | CN¥939.97 Million ≈ $137.55 Million |
+25.55% |
| 2018-12-31 | CN¥748.68 Million ≈ $109.55 Million |
+19.30% |
| 2017-12-31 | CN¥627.54 Million ≈ $91.83 Million |
+25.81% |
| 2016-12-31 | CN¥498.80 Million ≈ $72.99 Million |
+56.34% |
| 2015-12-31 | CN¥319.05 Million ≈ $46.69 Million |
+19.51% |
| 2014-12-31 | CN¥266.96 Million ≈ $39.06 Million |
+31.00% |
| 2013-12-31 | CN¥203.79 Million ≈ $29.82 Million |
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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 1016.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.21 Billion | 49.26% |
| Other Components | CN¥1.25 Billion | 50.74% |
| Total Equity | CN¥2.45 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 |
|---|---|
|
Limbach Holdings Inc
NASDAQ:LMB
|
$580.75 Million |
|
Ningbo Solartron Technology Co Ltd
SHG:688299
|
$580.77 Million |
|
Ricegrowers Ltd
AU:SGLLV
|
$580.80 Million |
|
Bridgewater Bancshares Inc
NASDAQ:BWB
|
$580.82 Million |
|
Hongsheng Heat Exchanger Mnfg
SHG:603090
|
$580.64 Million |
|
Wuhan Thalys Med Tech Co Ltd
SHG:603716
|
$580.52 Million |
|
AmRest Holdings SE
MC:EAT
|
$580.47 Million |
|
Sawit Sumbermas Sarana Tbk
JK:SSMS
|
$580.45 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 2024 to 2025, total equity changed from 2,556,291,507 to 2,454,637,403, a change of -101,654,104 (-4.0%).
- Net income of 65,292,246 contributed positively to equity growth.
- Dividend payments of 116,154,991 reduced retained earnings.
- Other factors decreased equity by 50,791,359.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥65.29 Million | +2.66% |
| Dividends Paid | CN¥116.15 Million | -4.73% |
| Other Changes | CN¥-50.79 Million | -2.07% |
| Total Change | CN¥- | -3.98% |
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: 1.62x
- 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 6.08x to 1.62x 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¥7.76 | x |
| 2014-12-31 | CN¥1.68 | CN¥7.76 | x |
| 2015-12-31 | CN¥2.03 | CN¥7.76 | x |
| 2016-12-31 | CN¥1.34 | CN¥7.76 | x |
| 2017-12-31 | CN¥1.63 | CN¥7.76 | x |
| 2018-12-31 | CN¥1.95 | CN¥7.76 | x |
| 2019-12-31 | CN¥2.45 | CN¥7.76 | x |
| 2020-12-31 | CN¥4.50 | CN¥7.76 | x |
| 2021-12-31 | CN¥3.94 | CN¥7.76 | x |
| 2022-12-31 | CN¥4.28 | CN¥7.76 | x |
| 2023-12-31 | CN¥4.74 | CN¥7.76 | x |
| 2024-12-31 | CN¥5.01 | CN¥7.76 | x |
| 2025-12-31 | CN¥4.80 | CN¥7.76 | 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): 2.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.93%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 3.45x
- Recent ROE (2.66%) is below the historical average (14.98%), 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 |
| 2025 | 2.66% | 0.93% | 0.83x | 3.45x | CN¥-180.17 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: $9,275,031,890
- Average return on equity (ROE) among peers: 3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Huada New Materials Co Ltd (605158) | CN¥2.46 Billion | 11.58% | 2.73x | $580.73 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $1.54 Billion | 3.20% | 1.04x | $9.50 Billion |
| HBIS Co Ltd (000709) | $4.61 Billion | 10.93% | 0.65x | $3.10 Billion |
| Sgis Songshan Co Ltd (000717) | $4.68 Billion | -24.33% | 4.21x | $766.12 Million |
| Bengang Steel Plates Co Ltd (000761) | $15.05 Billion | 6.15% | 1.38x | $1.23 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $5.93 Billion | 9.91% | 0.95x | $2.09 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $22.94 Billion | 5.98% | 1.77x | $2.84 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.26 Billion | 1.75% | 1.93x | $480.66 Million |
| Angang Steel Co Ltd Class A (000898) | $11.33 Billion | 18.69% | 0.26x | $2.35 Billion |
| Hunan Valin Steel Co Ltd (000932) | $17.42 Billion | 0.69% | 2.69x | $3.58 Billion |
| Beijing Shougang Co Ltd (000959) | $8.01 Billion | 4.59% | 1.31x | $3.99 Billion |
About 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 steel and aluminum sheets, and related substrates in China and internationally. The company also offers cold-rolled coils and hot-dip aluminum zinc sheets. In addition, it provides business and water transport services. The company serves the… Read more