Zhejiang Sanfer Electric Co. Ltd
Zhejiang Sanfer Electric Co., Ltd engages in the research and development, design, manufacture, and sale of kitchen appliances. It offers stoves, range hoods, gas cookers, ovens, sinks, integrated sinks, cabinets, integrated cabinets, hoods and cooktops, electric steamers, and dishwashers. The company also offers whole kitchen customization services. It offers its products through specialty store… Read more
Zhejiang Sanfer Electric Co. Ltd (605336) - Net Assets
Latest net assets as of September 2025: CN¥1.87 Billion CNY
Based on the latest financial reports, Zhejiang Sanfer Electric Co. Ltd (605336) has net assets worth CN¥1.87 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¥2.03 Billion) and total liabilities (CN¥158.88 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¥1.87 Billion |
| % of Total Assets | 92.17% |
| Annual Growth Rate | 36.63% |
| 5-Year Change | 13.29% |
| 10-Year Change | N/A |
| Growth Volatility | 67.26 |
Zhejiang Sanfer Electric Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Zhejiang Sanfer Electric 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 Sanfer Electric Co. Ltd (2016–2024)
The table below shows the annual net assets of Zhejiang Sanfer Electric Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.92 Billion | -2.55% |
| 2023-12-31 | CN¥1.98 Billion | +2.79% |
| 2022-12-31 | CN¥1.92 Billion | +1.56% |
| 2021-12-31 | CN¥1.89 Billion | +11.37% |
| 2020-12-31 | CN¥1.70 Billion | +138.15% |
| 2019-12-31 | CN¥713.38 Million | +32.25% |
| 2018-12-31 | CN¥539.42 Million | +185.43% |
| 2017-12-31 | CN¥188.98 Million | +19.20% |
| 2016-12-31 | CN¥158.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Sanfer Electric 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 1204.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥661.02 Million | 34.34% |
| Common Stock | CN¥183.41 Million | 9.53% |
| Other Comprehensive Income | CN¥95.28 Million | 4.95% |
| Other Components | CN¥985.04 Million | 51.18% |
| Total Equity | CN¥1.92 Billion | 100.00% |
Zhejiang Sanfer Electric Co. Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Sanfer Electric Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allgeier SE
XETRA:AEIN
|
$114.28 Million |
|
Share India Securities Limited
NSE:SHAREINDIA
|
$114.28 Million |
|
Hanyang Sec
KO:001750
|
$114.30 Million |
|
SECUREWORKS C. A DL-01
F:07S
|
$114.31 Million |
|
Bahnhof AB (publ)
F:3B7
|
$114.24 Million |
|
Izmir Demir Celik Sanayi AS
IS:IZMDC
|
$114.24 Million |
|
Kolon Plastics
KO:138490
|
$114.23 Million |
|
Shenzhen Jianyi Decoration Group Co Ltd
SHE:002789
|
$114.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Sanfer Electric Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,975,169,880 to 1,924,753,957, a change of -50,415,923 (-2.6%).
- Net income of 60,300,561 contributed positively to equity growth.
- Dividend payments of 113,900,697 reduced retained earnings.
- Share repurchases of 5,399,561 reduced equity.
- Other comprehensive income increased equity by 95,277,873.
- Other factors decreased equity by 86,694,099.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥60.30 Million | +3.13% |
| Dividends Paid | CN¥113.90 Million | -5.92% |
| Share Repurchases | CN¥5.40 Million | -0.28% |
| Other Comprehensive Income | CN¥95.28 Million | +4.95% |
| Other Changes | CN¥-86.69 Million | -4.5% |
| Total Change | CN¥- | -2.55% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Sanfer Electric 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: 1.36x
- 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 11.25x to 1.36x 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¥1.27 | CN¥14.31 | x |
| 2017-12-31 | CN¥1.52 | CN¥14.31 | x |
| 2018-12-31 | CN¥4.12 | CN¥14.31 | x |
| 2019-12-31 | CN¥3.90 | CN¥14.31 | x |
| 2020-12-31 | CN¥9.28 | CN¥14.31 | x |
| 2021-12-31 | CN¥10.34 | CN¥14.31 | x |
| 2022-12-31 | CN¥10.40 | CN¥14.31 | x |
| 2023-12-31 | CN¥10.73 | CN¥14.31 | x |
| 2024-12-31 | CN¥10.49 | CN¥14.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Sanfer Electric 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): 3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.04%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.10x
- Recent ROE (3.13%) is below the historical average (23.40%), 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 | 39.04% | 15.19% | 1.11x | 2.31x | CN¥46.04 Million |
| 2017 | 71.01% | 23.76% | 1.23x | 2.43x | CN¥115.31 Million |
| 2018 | 27.84% | 23.79% | 0.81x | 1.45x | CN¥96.24 Million |
| 2019 | 24.39% | 24.92% | 0.69x | 1.42x | CN¥102.63 Million |
| 2020 | 11.43% | 27.21% | 0.36x | 1.18x | CN¥24.37 Million |
| 2021 | 13.03% | 25.22% | 0.43x | 1.19x | CN¥57.40 Million |
| 2022 | 11.15% | 22.65% | 0.42x | 1.19x | CN¥22.19 Million |
| 2023 | 9.60% | 22.84% | 0.36x | 1.17x | CN¥-7.85 Million |
| 2024 | 3.13% | 14.04% | 0.20x | 1.10x | CN¥-132.17 Million |
Industry Comparison
This section compares Zhejiang Sanfer Electric 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: $17,642,037,238
- Average return on equity (ROE) among peers: 13.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Sanfer Electric Co. Ltd (605336) | CN¥1.87 Billion | 39.04% | 0.08x | $114.28 Million |
| Midea Group Co Ltd (000333) | $92.45 Billion | 21.88% | 1.85x | $52.29 Billion |
| Changhong Meiling Co Ltd (000521) | $5.11 Billion | 0.85% | 1.78x | $622.85 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $66.83 Billion | 33.52% | 2.22x | $20.24 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $874.84 Million | -1.36% | 0.86x | $144.07 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $113.33 Million | 5.45% | 1.68x | $105.98 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.64 Billion | 17.29% | 0.54x | $247.78 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $573.09 Million | 22.92% | 0.44x | $110.80 Million |
| Hefei Snowky Elec Co Ltd (001387) | $603.81 Million | 16.63% | 1.58x | $140.72 Million |
| Elec-Tech International Co Ltd (002005) | $740.90 Million | 6.21% | 1.06x | $409.52 Million |