Zhejiang Power New Energy Co. Ltd. A (688184) - Net Assets
Based on the latest financial reports, Zhejiang Power New Energy Co. Ltd. A (688184) has net assets worth CN¥1.07 Billion CNY (≈ $157.22 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¥1.52 Billion ≈ $222.94 Million USD) and total liabilities (CN¥449.11 Million ≈ $65.72 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. Also explore 688184 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.07 Billion |
| % of Total Assets | 70.52% |
| Annual Growth Rate | 12.0% |
| 5-Year Change | -23.67% |
| 10-Year Change | N/A |
| Growth Volatility | 77.89 |
Zhejiang Power New Energy Co. Ltd. A - Net Assets Trend (2020–2025)
This chart illustrates how Zhejiang Power New Energy Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Check 688184 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Zhejiang Power New Energy Co. Ltd. A (2020–2025)
The table below shows the annual net assets of Zhejiang Power New Energy Co. Ltd. A from 2020 to 2025. For live valuation and market cap data, see how much is Zhejiang Power New Energy Co. Ltd. A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.06 Billion ≈ $154.38 Million |
-48.06% |
| 2024-12-31 | CN¥2.03 Billion ≈ $297.22 Million |
-28.26% |
| 2023-12-31 | CN¥2.83 Billion ≈ $414.28 Million |
-9.35% |
| 2022-12-31 | CN¥3.12 Billion ≈ $457.01 Million |
+125.95% |
| 2021-12-31 | CN¥1.38 Billion ≈ $202.26 Million |
+130.89% |
| 2020-12-31 | CN¥598.63 Million ≈ $87.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Power New Energy Co. Ltd. A'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 decreased by 1406.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.68 Billion | 254.38% |
| Total Equity | CN¥1.06 Billion | 100.00% |
Zhejiang Power New Energy Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Power New Energy Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Salmon Evolution Holding AS
OL:SALME
|
$235.52 Million |
|
Illumination Acquisition Corp I Class A Ordinary Shares
NASDAQ:ILLU
|
$235.54 Million |
|
PRG Corporation Public Company Limited
BK:PRG
|
$235.56 Million |
|
AVY Precision Technology
TWO:5392
|
$235.59 Million |
|
Spring Valley Acquisition Corp. IV Class A Ordinary Shares
NASDAQ:SVIV
|
$235.29 Million |
|
Dentium
KO:145720
|
$235.23 Million |
|
Y.U.D. Yangtze River Investment Industry Co Ltd
SHG:600119
|
$235.18 Million |
|
Ernst Russ AG
XETRA:HXCK
|
$235.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Power New Energy Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,031,167,880 to 1,055,029,582, a change of -976,138,297 (-48.1%).
- Net loss of 698,465,988 reduced equity.
- Dividend payments of 3,501,944 reduced retained earnings.
- Other factors decreased equity by 274,170,366.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-698.47 Million | -66.2% |
| Dividends Paid | CN¥3.50 Million | -0.33% |
| Other Changes | CN¥-274.17 Million | -25.99% |
| Total Change | CN¥- | -48.06% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Power New Energy Co. Ltd. A'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: 1.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥6.87 | CN¥10.26 | x |
| 2021-12-31 | CN¥11.43 | CN¥10.26 | x |
| 2022-12-31 | CN¥19.37 | CN¥10.26 | x |
| 2023-12-31 | CN¥17.56 | CN¥10.26 | x |
| 2024-12-31 | CN¥12.60 | CN¥10.26 | x |
| 2025-12-31 | CN¥6.63 | CN¥10.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Power New Energy Co. Ltd. A 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): -66.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -101.18%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.40x
- Recent ROE (-66.20%) is below the historical average (-16.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.85% | 7.08% | 0.59x | 1.64x | CN¥-18.88 Million |
| 2021 | 6.05% | 9.65% | 0.43x | 1.46x | CN¥-54.66 Million |
| 2022 | 4.67% | 8.80% | 0.40x | 1.31x | CN¥-166.52 Million |
| 2023 | -8.75% | -25.95% | 0.24x | 1.39x | CN¥-530.76 Million |
| 2024 | -42.76% | -90.77% | 0.33x | 1.42x | CN¥-1.07 Billion |
| 2025 | -66.20% | -101.18% | 0.47x | 1.40x | CN¥-803.97 Million |
Industry Comparison
This section compares Zhejiang Power New Energy Co. Ltd. A's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,942,136,949
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Power New Energy Co. Ltd. A (688184) | CN¥1.07 Billion | 6.85% | 0.42x | $235.31 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $7.39 Billion | 0.27% | 3.43x | $1.03 Billion |
| Sichuan Chemical Co Ltd (000155) | $735.76 Million | -85.51% | 3.04x | $2.92 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $11.03 Billion |
| Zangge Holding Co Ltd (000408) | $6.53 Billion | 18.58% | 0.19x | $15.76 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $955.61 Million | 10.48% | 0.55x | $1.49 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $165.09 Million | 7.88% | 1.73x | $355.24 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $781.20 Million | 17.38% | 0.91x | $808.24 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $1.01 Billion | 10.39% | 2.73x | $343.16 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $457.82 Million | 16.24% | 0.21x | $273.11 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $890.83 Million | 9.16% | 1.20x | $3.09 Billion |
About Zhejiang Power New Energy Co. Ltd. A
Zhejiang Power New Energy Co., Ltd. engages in the research, development, production, and sale of lithium-ion battery ternary cathode material precursors in China. The company offers ternary cathode material precursors, which are used in electric vehicles, mobile phones, laptops, power tools, electric bicycles, and other fields. It also provides pre-sale and in-sale services. In addition, the com… Read more