Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) - Net Assets
Based on the latest financial reports, Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) has net assets worth CN¥2.17 Billion CNY (≈ $317.75 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.24 Billion ≈ $473.48 Million USD) and total liabilities (CN¥1.06 Billion ≈ $155.73 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. Check Zhuzhou Huarui Precision Cutting Tools C tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.17 Billion |
| % of Total Assets | 67.11% |
| Annual Growth Rate | 35.2% |
| 5-Year Change | 81.63% |
| 10-Year Change | N/A |
| Growth Volatility | 35.45 |
Zhuzhou Huarui Precision Cutting Tools Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Zhuzhou Huarui Precision Cutting Tools Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Zhuzhou Huarui Precision Cutting Tools C to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhuzhou Huarui Precision Cutting Tools Co Ltd (2017–2025)
The table below shows the annual net assets of Zhuzhou Huarui Precision Cutting Tools Co Ltd from 2017 to 2025. For live valuation and market cap data, see Zhuzhou Huarui Precision Cutting Tools C (688059) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.62 Billion ≈ $236.33 Million |
+21.29% |
| 2024-12-31 | CN¥1.33 Billion ≈ $194.84 Million |
+5.97% |
| 2023-12-31 | CN¥1.26 Billion ≈ $183.86 Million |
+12.78% |
| 2022-12-31 | CN¥1.11 Billion ≈ $163.02 Million |
+25.29% |
| 2021-12-31 | CN¥889.21 Million ≈ $130.12 Million |
+116.26% |
| 2020-12-31 | CN¥411.17 Million ≈ $60.17 Million |
+27.63% |
| 2019-12-31 | CN¥322.17 Million ≈ $47.14 Million |
+25.38% |
| 2018-12-31 | CN¥256.95 Million ≈ $37.60 Million |
+77.63% |
| 2017-12-31 | CN¥144.66 Million ≈ $21.17 Million |
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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 1644.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥646.27 Million | 40.01% |
| Other Components | CN¥968.81 Million | 59.99% |
| Total Equity | CN¥1.62 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 |
|---|---|
|
Jumbo S.A.
AT:BELA
|
$2.96 Billion |
|
Ta Chen Stainless Pipe Co Ltd
TW:2027
|
$2.96 Billion |
|
DOF Group ASA
OL:DOFG
|
$2.96 Billion |
|
BOTH Engineering Technology Co. Ltd. A
SHG:601133
|
$2.96 Billion |
|
Shandong Shida Shenghua Chem
SHG:603026
|
$2.95 Billion |
|
Chesapeake Utilities Corporation
NYSE:CPK
|
$2.95 Billion |
|
Curbline Properties Corp.
NYSE:CURB
|
$2.95 Billion |
|
CSSC Offshore & Marine Engineering Group Co Ltd
SHG:600685
|
$2.95 Billion |
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 2024 to 2025, total equity changed from 1,331,495,508 to 1,615,084,935, a change of 283,589,427 (21.3%).
- Net income of 186,762,900 contributed positively to equity growth.
- Dividend payments of 49,869,300 reduced retained earnings.
- Other comprehensive income decreased equity by 32,124,808.
- Other factors increased equity by 178,820,634.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥186.76 Million | +11.56% |
| Dividends Paid | CN¥49.87 Million | -3.09% |
| Other Comprehensive Income | CN¥-32.12 Million | -1.99% |
| Other Changes | CN¥178.82 Million | +11.07% |
| Total Change | CN¥- | 21.30% |
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: 10.97x
- 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 60.16x to 10.97x 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¥202.00 | x |
| 2018-12-31 | CN¥4.26 | CN¥202.00 | x |
| 2019-12-31 | CN¥4.99 | CN¥202.00 | x |
| 2020-12-31 | CN¥6.36 | CN¥202.00 | x |
| 2021-12-31 | CN¥10.76 | CN¥202.00 | x |
| 2022-12-31 | CN¥12.90 | CN¥202.00 | x |
| 2023-12-31 | CN¥14.55 | CN¥202.00 | x |
| 2024-12-31 | CN¥15.38 | CN¥202.00 | x |
| 2025-12-31 | CN¥18.42 | CN¥202.00 | 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): 11.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.41%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.83x
- Recent ROE (11.56%) is below the historical average (16.88%), 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 | 8.03% | 14.09% | 0.30x | 1.90x | CN¥-26.19 Million |
| 2025 | 11.56% | 18.41% | 0.34x | 1.83x | CN¥25.25 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: $1,410,393,862
- Average return on equity (ROE) among peers: 13.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) | CN¥2.17 Billion | 21.63% | 0.49x | $2.96 Billion |
| Bosun Tools Co Ltd (002282) | $160.55 Million | 23.42% | 0.83x | $443.28 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $3.08 Billion | 7.59% | 0.19x | $538.17 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.27 Billion | 2.79% | 0.26x | $381.57 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $3.61 Billion | 11.83% | 0.28x | $5.43 Billion |
| Geron Co Ltd (002722) | $1.91 Billion | 3.09% | 0.60x | $387.55 Million |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $322.81 Million | 17.67% | 0.50x | $1.90 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $1.18 Billion | 18.27% | 0.42x | $678.38 Million |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $1.00 Billion | 12.81% | 0.62x | $687.13 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $259.92 Million | 25.72% | 0.73x | $717.59 Million |
| Wafangdian Bearing Co Ltd (200706) | $1.30 Billion | 7.90% | 1.20x | $143.90 Million |
About 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