Zhuzhou Huarui Precision Cutting Tools Co Ltd
Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. engages in the research, development, manufacture, and sale of cemented carbide inserts in China and internationally. The company offers turning and milling inserts; threading inserts; carbide inserts for aluminium; parting and grooving inserts; drilling inserts; solid carbide end mills; and cermet inserts. Its products are used in aerospace, rail t… Read more
Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) - Net Assets
Latest net assets as of September 2025: CN¥1.43 Billion CNY
Based on the latest financial reports, Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) has net assets worth CN¥1.43 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¥2.75 Billion) and total liabilities (CN¥1.32 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¥1.43 Billion |
| % of Total Assets | 52.02% |
| Annual Growth Rate | 37.31% |
| 5-Year Change | 223.83% |
| 10-Year Change | N/A |
| Growth Volatility | 37.22 |
Zhuzhou Huarui Precision Cutting Tools Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Zhuzhou Huarui Precision Cutting Tools 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 Zhuzhou Huarui Precision Cutting Tools Co Ltd (2017–2024)
The table below shows the annual net assets of Zhuzhou Huarui Precision Cutting Tools Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion | +5.97% |
| 2023-12-31 | CN¥1.26 Billion | +12.78% |
| 2022-12-31 | CN¥1.11 Billion | +25.29% |
| 2021-12-31 | CN¥889.21 Million | +116.26% |
| 2020-12-31 | CN¥411.17 Million | +27.63% |
| 2019-12-31 | CN¥322.17 Million | +25.38% |
| 2018-12-31 | CN¥256.95 Million | +77.63% |
| 2017-12-31 | CN¥144.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhuzhou Huarui Precision Cutting Tools 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 1409.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥558.91 Million | 41.98% |
| Common Stock | CN¥62.26 Million | 4.68% |
| Other Comprehensive Income | CN¥32.12 Million | 2.41% |
| Other Components | CN¥678.21 Million | 50.94% |
| Total Equity | CN¥1.33 Billion | 100.00% |
Zhuzhou Huarui Precision Cutting Tools Co Ltd Competitors by Market Cap
The table below lists competitors of Zhuzhou Huarui Precision Cutting Tools Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EID Parry India Limited
NSE:EIDPARRY
|
$870.02 Million |
|
El Al Israel Airlines Ltd
PINK:ELALF
|
$870.52 Million |
|
Zhejiang Weixing New Building Materials Co Ltd
SHE:002372
|
$870.71 Million |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
$870.92 Million |
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
$869.57 Million |
|
Elders Limited
F:FTZ
|
$869.15 Million |
|
Fujian Longma Envi Sanitation
SHG:603686
|
$869.10 Million |
|
Geron Corporation
NASDAQ:GERN
|
$868.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhuzhou Huarui Precision Cutting Tools Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,256,438,155 to 1,331,495,508, a change of 75,057,353 (6.0%).
- Net income of 107,374,900 contributed positively to equity growth.
- Dividend payments of 59,439,720 reduced retained earnings.
- Other comprehensive income decreased equity by 74,090,386.
- Other factors increased equity by 101,212,559.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥107.37 Million | +8.06% |
| Dividends Paid | CN¥59.44 Million | -4.46% |
| Other Comprehensive Income | CN¥-74.09 Million | -5.56% |
| Other Changes | CN¥101.21 Million | +7.6% |
| Total Change | CN¥- | 5.97% |
Book Value vs Market Value Analysis
This analysis compares Zhuzhou Huarui Precision Cutting Tools 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: 5.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 34.88x to 5.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.36 | CN¥117.11 | x |
| 2018-12-31 | CN¥5.96 | CN¥117.11 | x |
| 2019-12-31 | CN¥7.32 | CN¥117.11 | x |
| 2020-12-31 | CN¥9.34 | CN¥117.11 | x |
| 2021-12-31 | CN¥20.21 | CN¥117.11 | x |
| 2022-12-31 | CN¥18.08 | CN¥117.11 | x |
| 2023-12-31 | CN¥20.37 | CN¥117.11 | x |
| 2024-12-31 | CN¥21.54 | CN¥117.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhuzhou Huarui Precision Cutting Tools 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): 8.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.15%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.90x
- Recent ROE (8.06%) is below the historical average (17.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 21.63% | 23.32% | 0.45x | 2.07x | CN¥16.82 Million |
| 2018 | 21.08% | 25.35% | 0.52x | 1.60x | CN¥28.47 Million |
| 2019 | 22.29% | 27.73% | 0.49x | 1.65x | CN¥39.60 Million |
| 2020 | 21.65% | 28.51% | 0.50x | 1.50x | CN¥47.89 Million |
| 2021 | 18.26% | 33.44% | 0.42x | 1.29x | CN¥73.43 Million |
| 2022 | 14.90% | 27.58% | 0.32x | 1.70x | CN¥54.55 Million |
| 2023 | 12.57% | 19.88% | 0.36x | 1.76x | CN¥32.26 Million |
| 2024 | 8.06% | 14.15% | 0.30x | 1.90x | CN¥-25.77 Million |
Industry Comparison
This section compares Zhuzhou Huarui Precision Cutting Tools Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,647,842,907
- Average return on equity (ROE) among peers: 12.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) | CN¥1.43 Billion | 21.63% | 0.92x | $869.95 Million |
| Shandong Tengda Fasten Tech (001379) | $1.46 Billion | 5.24% | 0.48x | $185.77 Million |
| Bosun Tools Co Ltd (002282) | $213.66 Million | 25.32% | 0.75x | $216.27 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $856.94 Million | 8.88% | 0.04x | $386.64 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.31 Billion | 0.60% | 0.21x | $318.26 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $3.97 Billion | 12.23% | 0.37x | $2.93 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $5.03 Billion | 17.69% | 0.98x | $427.79 Million |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $142.16 Million | 30.39% | 1.69x | $357.28 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $610.40 Million | 8.30% | 0.14x | $432.29 Million |
| Wafangdian Bearing Co Ltd (200706) | $931.76 Million | 11.83% | 0.98x | $24.70 Million |
| Beijing Dinghan Tech Co (300011) | $1.96 Billion | 2.18% | 0.85x | $428.69 Million |