Zhejiang Zone King Environmental Sci&Tech Co Ltd
Zhejiang Zone-King Environmental Sci&Tech Co., Ltd. provides various environmental protection services in China. The company offers soil and groundwater remediation, water pollution control, water body restoration, exhaust gas treatment, solid waste treatment and disposal, and other services, as well as municipal engineering, industrial wastewater and gas treatment, and river ecological treatment… Read more
Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) - Net Assets
Latest net assets as of June 2025: CN¥179.97 Million CNY
Based on the latest financial reports, Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) has net assets worth CN¥179.97 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¥497.22 Million) and total liabilities (CN¥317.25 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¥179.97 Million |
| % of Total Assets | 36.2% |
| Annual Growth Rate | 4.01% |
| 5-Year Change | -31.78% |
| 10-Year Change | N/A |
| Growth Volatility | 36.41 |
Zhejiang Zone King Environmental Sci&Tech Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Zhejiang Zone King Environmental Sci&Tech 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 Zhejiang Zone King Environmental Sci&Tech Co Ltd (2017–2024)
The table below shows the annual net assets of Zhejiang Zone King Environmental Sci&Tech Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥198.89 Million | -29.24% |
| 2023-12-31 | CN¥281.09 Million | -30.09% |
| 2022-12-31 | CN¥402.07 Million | -21.06% |
| 2021-12-31 | CN¥509.35 Million | +74.70% |
| 2020-12-31 | CN¥291.55 Million | +11.65% |
| 2019-12-31 | CN¥261.14 Million | +36.49% |
| 2018-12-31 | CN¥191.32 Million | +26.67% |
| 2017-12-31 | CN¥151.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Zone King Environmental Sci&Tech 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 decreased by 437.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥328.80 Million | 165.32% |
| Total Equity | CN¥198.89 Million | 100.00% |
Zhejiang Zone King Environmental Sci&Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Zone King Environmental Sci&Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alpha Cognition Inc
NASDAQ:ACOG
|
$79.52 Million |
|
NEXTEEL Co., Ltd.
KO:092790
|
$79.59 Million |
|
Braemar Shipping Services Plc
PINK:BSEAF
|
$79.62 Million |
|
Securitag Assembly Group Co Ltd
TWO:6417
|
$79.62 Million |
|
Mount Gibson Iron Ltd
PINK:MTGRF
|
$79.49 Million |
|
Mu Global Holding Limited
PINK:MUGH
|
$79.49 Million |
|
Devyser Diagnostics AB
ST:DVYSR
|
$79.44 Million |
|
Summit Midstream Corporation
NYSE:SMC
|
$79.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Zone King Environmental Sci&Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 281,090,072 to 198,887,823, a change of -82,202,249 (-29.2%).
- Net loss of 82,202,249 reduced equity.
- Dividend payments of 7,433,510 reduced retained earnings.
- Other factors increased equity by 7,433,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-82.20 Million | -41.33% |
| Dividends Paid | CN¥7.43 Million | -3.74% |
| Other Changes | CN¥7.43 Million | +3.74% |
| Total Change | CN¥- | -29.24% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Zone King Environmental Sci&Tech 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: 6.66x
- 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 increased from 5.33x to 6.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.85 | CN¥9.87 | x |
| 2018-12-31 | CN¥1.90 | CN¥9.87 | x |
| 2019-12-31 | CN¥2.46 | CN¥9.87 | x |
| 2020-12-31 | CN¥2.87 | CN¥9.87 | x |
| 2021-12-31 | CN¥3.86 | CN¥9.87 | x |
| 2022-12-31 | CN¥3.00 | CN¥9.87 | x |
| 2023-12-31 | CN¥2.09 | CN¥9.87 | x |
| 2024-12-31 | CN¥1.48 | CN¥9.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Zone King Environmental Sci&Tech 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): -41.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.90%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 2.95x
- Recent ROE (-41.33%) is below the historical average (-2.86%), 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 | 21.59% | 20.78% | 0.65x | 1.59x | CN¥17.47 Million |
| 2018 | 21.09% | 19.13% | 0.68x | 1.63x | CN¥21.19 Million |
| 2019 | 22.74% | 19.32% | 0.63x | 1.88x | CN¥31.50 Million |
| 2020 | 16.03% | 13.72% | 0.68x | 1.71x | CN¥17.59 Million |
| 2021 | 3.37% | 4.16% | 0.52x | 1.57x | CN¥-33.76 Million |
| 2022 | -23.34% | -38.18% | 0.32x | 1.91x | CN¥-134.06 Million |
| 2023 | -43.01% | -34.85% | 0.49x | 2.51x | CN¥-149.00 Million |
| 2024 | -41.33% | -33.90% | 0.41x | 2.95x | CN¥-102.09 Million |
Industry Comparison
This section compares Zhejiang Zone King Environmental Sci&Tech Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,097,335,220
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) | CN¥179.97 Million | 21.59% | 1.76x | $79.50 Million |
| China Tianying Inc (000035) | $-1.25 Billion | 0.00% | 0.00x | $1.65 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $2.99 Billion | 0.40% | 0.36x | $1.02 Billion |
| BECE Legend Group Co Ltd (000803) | $105.39 Million | 5.77% | 1.15x | $440.33 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $287.34 Million | 9.00% | 0.41x | $390.57 Million |
| Wangneng Environment Co Ltd (002034) | $95.69 Million | 23.41% | 2.12x | $480.27 Million |
| Beijing Orient Landscape Co Ltd (002310) | $5.15 Billion | 17.26% | 1.33x | $2.05 Billion |
| Qiaoyin Environmental Tech Co Ltd (002973) | $1.93 Billion | 13.22% | 1.97x | $283.77 Million |
| Tongxing Environmental Protection (003027) | $159.92 Million | 7.49% | 0.83x | $184.18 Million |
| Beijing Originwater Technology (300070) | $163.87 Million | 43.09% | 0.45x | $1.16 Billion |
| Yonker Environmental Protect (300187) | $1.33 Billion | 8.47% | 0.73x | $236.44 Million |