Zhuhai CosMX Battery Co Ltd (688772) - Net Assets
Based on the latest financial reports, Zhuhai CosMX Battery Co Ltd (688772) has net assets worth CN¥8.06 Billion CNY (≈ $1.18 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥25.88 Billion ≈ $3.79 Billion USD) and total liabilities (CN¥17.82 Billion ≈ $2.61 Billion 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 Zhuhai CosMX Battery Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.06 Billion |
| % of Total Assets | 31.15% |
| Annual Growth Rate | 43.28% |
| 5-Year Change | 123.9% |
| 10-Year Change | N/A |
| Growth Volatility | 55.79 |
Zhuhai CosMX Battery Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Zhuhai CosMX Battery Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Zhuhai CosMX Battery Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhuhai CosMX Battery Co Ltd (2017–2024)
The table below shows the annual net assets of Zhuhai CosMX Battery Co Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Zhuhai CosMX Battery Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.27 Billion ≈ $1.06 Billion |
+0.47% |
| 2023-12-31 | CN¥7.23 Billion ≈ $1.06 Billion |
+8.48% |
| 2022-12-31 | CN¥6.67 Billion ≈ $975.68 Million |
+5.89% |
| 2021-12-31 | CN¥6.30 Billion ≈ $921.44 Million |
+94.02% |
| 2020-12-31 | CN¥3.25 Billion ≈ $474.92 Million |
+46.06% |
| 2019-12-31 | CN¥2.22 Billion ≈ $325.15 Million |
+42.01% |
| 2018-12-31 | CN¥1.56 Billion ≈ $228.97 Million |
+166.93% |
| 2017-12-31 | CN¥586.18 Million ≈ $85.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhuhai CosMX Battery 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 205883867518.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.75 Billion | 24.55% |
| Common Stock | CN¥1.13 Billion | 15.77% |
| Other Comprehensive Income | CN¥704.89 Million | 9.86% |
| Other Components | CN¥3.56 Billion | 49.82% |
| Total Equity | CN¥7.15 Billion | 100.00% |
Zhuhai CosMX Battery Co Ltd Competitors by Market Cap
The table below lists competitors of Zhuhai CosMX Battery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viking Therapeutics Inc
NASDAQ:VKTX
|
$3.35 Billion |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
$3.35 Billion |
|
MERCARI INC. UNSP.ADR/1/2
F:6TP0
|
$3.35 Billion |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657
|
$3.35 Billion |
|
Westgold Resources Ltd
AU:WGX
|
$3.35 Billion |
|
Teleperformance SE
PA:TEP
|
$3.34 Billion |
|
Academy Sports Outdoors Inc
NASDAQ:ASO
|
$3.34 Billion |
|
Guangdong Dongfang Precision Science & Technology Co Ltd
SHE:002611
|
$3.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhuhai CosMX Battery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,974,456,021 to 7,147,240,270, a change of 172,784,249 (2.5%).
- Net income of 430,354,746 contributed positively to equity growth.
- Dividend payments of 442,320,442 reduced retained earnings.
- Share repurchases of 43,612,927 reduced equity.
- Other comprehensive income increased equity by 704,892,234.
- Other factors decreased equity by 476,529,362.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥430.35 Million | +6.02% |
| Dividends Paid | CN¥442.32 Million | -6.19% |
| Share Repurchases | CN¥43.61 Million | -0.61% |
| Other Comprehensive Income | CN¥704.89 Million | +9.86% |
| Other Changes | CN¥-476.53 Million | -6.67% |
| Total Change | CN¥- | 2.48% |
Book Value vs Market Value Analysis
This analysis compares Zhuhai CosMX Battery 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: 3.17x
- 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 16.32x to 3.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.24 | CN¥20.22 | x |
| 2018-12-31 | CN¥2.11 | CN¥20.22 | x |
| 2019-12-31 | CN¥1.98 | CN¥20.22 | x |
| 2020-12-31 | CN¥3.36 | CN¥20.22 | x |
| 2021-12-31 | CN¥5.61 | CN¥20.22 | x |
| 2022-12-31 | CN¥5.91 | CN¥20.22 | x |
| 2023-12-31 | CN¥6.23 | CN¥20.22 | x |
| 2024-12-31 | CN¥6.38 | CN¥20.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhuhai CosMX Battery 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): 6.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.73%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.93x
- Recent ROE (6.02%) is above the historical average (5.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -41.98% | -8.38% | 0.84x | 5.97x | CN¥-304.70 Million |
| 2018 | 14.21% | 4.68% | 0.97x | 3.11x | CN¥65.90 Million |
| 2019 | 19.38% | 8.07% | 1.00x | 2.41x | CN¥208.24 Million |
| 2020 | 25.17% | 11.73% | 0.81x | 2.64x | CN¥492.43 Million |
| 2021 | 15.02% | 9.15% | 0.63x | 2.59x | CN¥316.01 Million |
| 2022 | 1.37% | 0.83% | 0.55x | 2.99x | CN¥-572.21 Million |
| 2023 | 4.94% | 3.01% | 0.53x | 3.08x | CN¥-353.26 Million |
| 2024 | 6.02% | 3.73% | 0.55x | 2.93x | CN¥-284.37 Million |
Industry Comparison
This section compares Zhuhai CosMX Battery Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,521,607,784
- Average return on equity (ROE) among peers: -17.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuhai CosMX Battery Co Ltd (688772) | CN¥8.06 Billion | -41.98% | 2.21x | $3.35 Billion |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.26 Billion | 6.39% | 3.26x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.51 Billion | 5.52% | 0.51x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $7.89 Billion |
About Zhuhai CosMX Battery Co Ltd
Zhuhai CosMX Battery Co., Ltd. manufactures and supplies polymer lithium-ion batteries worldwide. The company offers pack and cell batteries for automotive, industrial, energy storage, mobile phone, laptop, and mini battery applications. It serves PCs, notebooks, tablets, smart phones, smart wearables, power tools, drones, and other fields. Zhuhai CosMX Battery Co., Ltd. was formerly known as Zhu… Read more