Zhe Jiang Headman Machinery Co Ltd
Zhe Jiang Headman Machinery Co.,Ltd. engages in the research, design, development, production, and sale of computer numerical control lathes in China and internationally. The company offers multi-axis turning center, vertical lathe, horizontal turning center, T series - gang type tool, HCL series, and automation products. Its products are used in automobile manufacturing, construction machinery, … Read more
Zhe Jiang Headman Machinery Co Ltd (688577) - Net Assets
Latest net assets as of September 2025: CN¥998.01 Million CNY
Based on the latest financial reports, Zhe Jiang Headman Machinery Co Ltd (688577) has net assets worth CN¥998.01 Million 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¥1.66 Billion) and total liabilities (CN¥657.03 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¥998.01 Million |
| % of Total Assets | 60.3% |
| Annual Growth Rate | 22.87% |
| 5-Year Change | 32.27% |
| 10-Year Change | 739.24% |
| Growth Volatility | 37.42 |
Zhe Jiang Headman Machinery Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Zhe Jiang Headman Machinery 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 Zhe Jiang Headman Machinery Co Ltd (2013–2024)
The table below shows the annual net assets of Zhe Jiang Headman Machinery Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.01 Billion | +14.67% |
| 2023-12-31 | CN¥883.31 Million | +2.17% |
| 2022-12-31 | CN¥864.59 Million | +6.36% |
| 2021-12-31 | CN¥812.86 Million | +6.15% |
| 2020-12-31 | CN¥765.74 Million | +131.65% |
| 2019-12-31 | CN¥330.55 Million | +9.24% |
| 2018-12-31 | CN¥302.58 Million | +54.61% |
| 2017-12-31 | CN¥195.71 Million | +50.50% |
| 2016-12-31 | CN¥130.04 Million | +7.75% |
| 2015-12-31 | CN¥120.69 Million | +11.65% |
| 2014-12-31 | CN¥108.09 Million | +2.86% |
| 2013-12-31 | CN¥105.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhe Jiang Headman Machinery 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 234.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥233.04 Million | 23.01% |
| Common Stock | CN¥79.49 Million | 7.85% |
| Other Comprehensive Income | CN¥34.19 Million | 3.38% |
| Other Components | CN¥666.15 Million | 65.77% |
| Total Equity | CN¥1.01 Billion | 100.00% |
Zhe Jiang Headman Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Zhe Jiang Headman Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ShenZhen V&T Technologies Co Ltd
SHE:300484
|
$366.84 Million |
|
Shanghai MicroPort EV MedTech Co. Ltd. A
SHG:688351
|
$366.87 Million |
|
Stratasys Ltd
NASDAQ:SSYS
|
$366.96 Million |
|
Norma Group AG NA O.N.
XETRA:NOEJ
|
$366.97 Million |
|
Mattr Corp
PINK:MTTRF
|
$366.63 Million |
|
Kale Environmental Technology (Shanghai) Corporation
SHE:301070
|
$366.58 Million |
|
Caplin Point Laboratories Limited
NSE:CAPLIPOINT
|
$366.47 Million |
|
AVIT Ltd
SHE:300264
|
$366.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhe Jiang Headman Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 883,310,186 to 1,012,860,159, a change of 129,549,973 (14.7%).
- Net income of 25,829,402 contributed positively to equity growth.
- Dividend payments of 36,217,188 reduced retained earnings.
- Other comprehensive income increased equity by 1,782,149.
- Other factors increased equity by 138,155,610.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.83 Million | +2.55% |
| Dividends Paid | CN¥36.22 Million | -3.58% |
| Other Comprehensive Income | CN¥1.78 Million | +0.18% |
| Other Changes | CN¥138.16 Million | +13.64% |
| Total Change | CN¥- | 14.67% |
Book Value vs Market Value Analysis
This analysis compares Zhe Jiang Headman Machinery 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: 5.15x
- 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 19.37x to 5.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥3.55 | CN¥68.68 | x |
| 2014-12-31 | CN¥3.54 | CN¥68.68 | x |
| 2015-12-31 | CN¥3.55 | CN¥68.68 | x |
| 2016-12-31 | CN¥3.78 | CN¥68.68 | x |
| 2017-12-31 | CN¥5.34 | CN¥68.68 | x |
| 2018-12-31 | CN¥7.82 | CN¥68.68 | x |
| 2019-12-31 | CN¥6.12 | CN¥68.68 | x |
| 2020-12-31 | CN¥14.19 | CN¥68.68 | x |
| 2021-12-31 | CN¥15.06 | CN¥68.68 | x |
| 2022-12-31 | CN¥16.00 | CN¥68.68 | x |
| 2023-12-31 | CN¥16.17 | CN¥68.68 | x |
| 2024-12-31 | CN¥13.33 | CN¥68.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhe Jiang Headman Machinery 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): 2.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.38%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.65x
- Recent ROE (2.55%) is below the historical average (7.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.38% | 1.73% | 0.75x | 2.59x | CN¥-6.95 Million |
| 2014 | 2.80% | 1.36% | 0.76x | 2.71x | CN¥-7.79 Million |
| 2015 | -1.97% | -1.41% | 0.60x | 2.33x | CN¥-14.45 Million |
| 2016 | 7.19% | 4.58% | 0.61x | 2.57x | CN¥-3.65 Million |
| 2017 | 18.72% | 10.99% | 0.70x | 2.43x | CN¥17.06 Million |
| 2018 | 19.06% | 13.49% | 0.77x | 1.83x | CN¥27.40 Million |
| 2019 | 13.79% | 11.85% | 0.67x | 1.73x | CN¥12.54 Million |
| 2020 | 6.95% | 12.97% | 0.39x | 1.37x | CN¥-23.34 Million |
| 2021 | 8.98% | 13.50% | 0.44x | 1.51x | CN¥-8.28 Million |
| 2022 | 6.90% | 9.47% | 0.46x | 1.59x | CN¥-26.80 Million |
| 2023 | 3.33% | 4.44% | 0.46x | 1.64x | CN¥-58.89 Million |
| 2024 | 2.55% | 3.38% | 0.46x | 1.65x | CN¥-75.46 Million |
Industry Comparison
This section compares Zhe Jiang Headman Machinery Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,569,233,767
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhe Jiang Headman Machinery Co Ltd (688577) | CN¥998.01 Million | 3.38% | 0.66x | $366.65 Million |
| Huayi Compressor Co Ltd (000404) | $4.26 Billion | 2.35% | 1.40x | $442.61 Million |
| Shenyang Machine Tool Co Ltd (000410) | $665.41 Million | 10.13% | 1.41x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $3.61 Billion | 10.56% | 0.36x | $1.93 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.16 Billion | 7.64% | 0.59x | $518.05 Million |
| Changchai Co Ltd (000570) | $1.16 Billion | -7.27% | 0.64x | $384.56 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $476.85 Million | 1.36% | 1.42x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $352.33 Million | 0.81% | 1.70x | $533.76 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $260.61 Million | 10.90% | 0.50x | $943.61 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $863.72 Million | 10.27% | 0.62x | $759.53 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $2.89 Billion | 5.30% | 2.21x | $880.10 Million |