Zhe Jiang Headman Machinery Co Ltd (688577) - Net Assets
Based on the latest financial reports, Zhe Jiang Headman Machinery Co Ltd (688577) has net assets worth CN¥1.04 Billion CNY (≈ $151.51 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¥1.98 Billion ≈ $289.78 Million USD) and total liabilities (CN¥944.91 Million ≈ $138.27 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 Zhe Jiang Headman Machinery Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 52.28% |
| Annual Growth Rate | 31.0% |
| 5-Year Change | 230.2% |
| 10-Year Change | 1964.01% |
| Growth Volatility | 52.32 |
Zhe Jiang Headman Machinery Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Zhe Jiang Headman Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Zhe Jiang Headman Machinery Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhe Jiang Headman Machinery Co Ltd (2013–2025)
The table below shows the annual net assets of Zhe Jiang Headman Machinery Co Ltd from 2013 to 2025. For live valuation and market cap data, see Zhe Jiang Headman Machinery Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.68 Billion ≈ $392.76 Million |
+165.00% |
| 2024-12-31 | CN¥1.01 Billion ≈ $148.21 Million |
+14.67% |
| 2023-12-31 | CN¥883.31 Million ≈ $129.26 Million |
+2.17% |
| 2022-12-31 | CN¥864.59 Million ≈ $126.52 Million |
+6.36% |
| 2021-12-31 | CN¥812.86 Million ≈ $118.95 Million |
+6.15% |
| 2020-12-31 | CN¥765.74 Million ≈ $112.05 Million |
+131.65% |
| 2019-12-31 | CN¥330.55 Million ≈ $48.37 Million |
+9.24% |
| 2018-12-31 | CN¥302.58 Million ≈ $44.28 Million |
+54.61% |
| 2017-12-31 | CN¥195.71 Million ≈ $28.64 Million |
+50.50% |
| 2016-12-31 | CN¥130.04 Million ≈ $19.03 Million |
+7.75% |
| 2015-12-31 | CN¥120.69 Million ≈ $17.66 Million |
+11.65% |
| 2014-12-31 | CN¥108.09 Million ≈ $15.82 Million |
+2.86% |
| 2013-12-31 | CN¥105.09 Million ≈ $15.38 Million |
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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 232.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥231.02 Million | 23.15% |
| Other Comprehensive Income | CN¥998.01 Million | 100.00% |
| Total Equity | CN¥998.01 Million | 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 |
|---|---|
|
ABOUT YOU Holding AG
F:YOU
|
$1.15 Billion |
|
Caisse Régionale de Crédit Agricole Mutuel de Paris et d-Ile-de-France
PA:CAF
|
$1.15 Billion |
|
Brainbees Solutions Limited
NSE:FIRSTCRY
|
$1.15 Billion |
|
Episil-Precision Inc
TW:3016
|
$1.15 Billion |
|
Jiangsu Shentong Valve Co Ltd
SHE:002438
|
$1.15 Billion |
|
CHINA RISUN GROUP HD-10
F:45Y
|
$1.15 Billion |
|
Gempharmatech Co. Ltd. A
SHG:688046
|
$1.15 Billion |
|
Evotec SE ADR
NASDAQ:EVO
|
$1.15 Billion |
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 2024 to 2025, total equity changed from 1,012,860,159 to 998,010,626, a change of -14,849,533 (-1.5%).
- Net income of 47,423,414 contributed positively to equity growth.
- Dividend payments of 50,896,955 reduced retained earnings.
- Other comprehensive income increased equity by 963,823,548.
- Other factors decreased equity by 975,199,540.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥47.42 Million | +4.75% |
| Dividends Paid | CN¥50.90 Million | -5.1% |
| Other Comprehensive Income | CN¥963.82 Million | +96.57% |
| Other Changes | CN¥-975.20 Million | -97.71% |
| Total Change | CN¥- | -1.47% |
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: 5.57x
- 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 19.89x to 5.57x 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¥2.53 | CN¥50.37 | x |
| 2014-12-31 | CN¥3.54 | CN¥50.37 | x |
| 2015-12-31 | CN¥3.55 | CN¥50.37 | x |
| 2016-12-31 | CN¥3.75 | CN¥50.37 | x |
| 2017-12-31 | CN¥2.72 | CN¥50.37 | x |
| 2018-12-31 | CN¥4.00 | CN¥50.37 | x |
| 2019-12-31 | CN¥4.18 | CN¥50.37 | x |
| 2020-12-31 | CN¥8.88 | CN¥50.37 | x |
| 2021-12-31 | CN¥7.67 | CN¥50.37 | x |
| 2022-12-31 | CN¥8.20 | CN¥50.37 | x |
| 2023-12-31 | CN¥8.36 | CN¥50.37 | x |
| 2024-12-31 | CN¥9.52 | CN¥50.37 | x |
| 2025-12-31 | CN¥9.05 | CN¥50.37 | 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): 4.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.39%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.69x
- Recent ROE (4.75%) is below the historical average (7.42%), 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 |
| 2025 | 4.75% | 5.39% | 0.52x | 1.69x | CN¥-52.38 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhe Jiang Headman Machinery Co Ltd (688577) | CN¥1.04 Billion | 3.38% | 0.91x | $1.15 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About 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