Zhejiang Risun Intelligent Technology Co. Ltd. A

SHG:688215 China Specialty Industrial Machinery
Market Cap
$546.28 Million
CN¥4.01 Billion CNY
Market Cap Rank
#14453 Global
#3805 in China
Share Price
CN¥64.21
Change (1 day)
+0.12%
52-Week Range
CN¥20.40 - CN¥89.82
All Time High
CN¥89.82
About

Zhejiang Risun Intelligent Technology Co.,Ltd engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China. The company offers automated, digital, and internal factory production logistics solutions. It also provides intelligent suspension production, hanging storage and sorting, non-suspension warehousing, and logistics system solutions. In … Read more

Zhejiang Risun Intelligent Technology Co. Ltd. A (688215) - Net Assets

Latest net assets as of June 2025: CN¥486.87 Million CNY

Based on the latest financial reports, Zhejiang Risun Intelligent Technology Co. Ltd. A (688215) has net assets worth CN¥486.87 Million CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥851.65 Million) and total liabilities (CN¥364.78 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¥486.87 Million
% of Total Assets 57.17%
Annual Growth Rate 31.41%
5-Year Change 14.4%
10-Year Change N/A
Growth Volatility 95.71

Zhejiang Risun Intelligent Technology Co. Ltd. A - Net Assets Trend (2019–2024)

This chart illustrates how Zhejiang Risun Intelligent Technology Co. Ltd. A'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 Risun Intelligent Technology Co. Ltd. A (2019–2024)

The table below shows the annual net assets of Zhejiang Risun Intelligent Technology Co. Ltd. A from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥496.83 Million +2.87%
2023-12-31 CN¥482.97 Million +3.38%
2022-12-31 CN¥467.19 Million +5.48%
2021-12-31 CN¥442.92 Million +1.98%
2020-12-31 CN¥434.30 Million +242.68%
2019-12-31 CN¥126.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Risun Intelligent Technology 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 grown by 46.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥120.47 Million 25.96%
Other Components CN¥343.59 Million 74.04%
Total Equity CN¥464.06 Million 100.00%

Zhejiang Risun Intelligent Technology Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Zhejiang Risun Intelligent Technology Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Risun Intelligent Technology Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 453,042,753 to 464,059,015, a change of 11,016,262 (2.4%).
  • Net income of 16,000,687 contributed positively to equity growth.
  • Dividend payments of 7,466,923 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥16.00 Million +3.45%
Dividends Paid CN¥7.47 Million -1.61%
Other Changes CN¥2.48 Million +0.53%
Total Change CN¥- 2.43%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Risun Intelligent Technology 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: 8.65x
  • 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 15.64x to 8.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥4.10 CN¥64.21 x
2020-12-31 CN¥8.27 CN¥64.21 x
2021-12-31 CN¥7.01 CN¥64.21 x
2022-12-31 CN¥7.06 CN¥64.21 x
2023-12-31 CN¥7.25 CN¥64.21 x
2024-12-31 CN¥7.43 CN¥64.21 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Risun Intelligent Technology 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): 3.45%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.13%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 1.74x
  • Recent ROE (3.45%) is below the historical average (8.52%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 36.27% 18.11% 1.24x 1.61x CN¥32.38 Million
2020 3.71% 11.96% 0.25x 1.22x CN¥-27.10 Million
2021 3.03% 6.63% 0.33x 1.37x CN¥-30.52 Million
2022 2.17% 3.14% 0.43x 1.63x CN¥-34.54 Million
2023 2.49% 3.03% 0.50x 1.64x CN¥-34.02 Million
2024 3.45% 4.13% 0.48x 1.74x CN¥-30.41 Million

Industry Comparison

This section compares Zhejiang Risun Intelligent Technology Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Risun Intelligent Technology Co. Ltd. A (688215) CN¥486.87 Million 36.27% 0.75x $222.69 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million