Zhonglu Co Ltd B (900915) - Net Assets
Based on the latest financial reports, Zhonglu Co Ltd B (900915) has net assets worth $518.99 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.01 Billion) and total liabilities ($488.11 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. Check 900915 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $518.99 Million |
| % of Total Assets | 51.53% |
| Annual Growth Rate | -2.23% |
| 5-Year Change | -17.65% |
| 10-Year Change | N/A |
| Growth Volatility | 8.58 |
Zhonglu Co Ltd B - Net Assets Trend (2016–2024)
This chart illustrates how Zhonglu Co Ltd B's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Zhonglu Co Ltd B for the complete picture of this company's asset base.
Annual Net Assets for Zhonglu Co Ltd B (2016–2024)
The table below shows the annual net assets of Zhonglu Co Ltd B from 2016 to 2024. For live valuation and market cap data, see 900915 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $535.36 Million | -5.34% |
| 2023-12-31 | $565.55 Million | -2.64% |
| 2022-12-31 | $580.86 Million | -15.38% |
| 2021-12-31 | $686.46 Million | +5.59% |
| 2020-12-31 | $650.13 Million | +11.32% |
| 2019-12-31 | $584.02 Million | -9.12% |
| 2018-12-31 | $642.65 Million | -6.79% |
| 2017-12-31 | $689.47 Million | +7.50% |
| 2016-12-31 | $641.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhonglu Co Ltd B'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 11.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $173.65 Million | 29.47% |
| Other Components | $415.63 Million | 70.53% |
| Total Equity | $589.28 Million | 100.00% |
Zhonglu Co Ltd B Competitors by Market Cap
The table below lists competitors of Zhonglu Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carbonxt Group Ltd
AU:CG1
|
$24.22 Million |
|
Shiva Texyarn Limited
NSE:SHIVATEX
|
$24.25 Million |
|
Playgram Co. Ltd
KO:009810
|
$24.25 Million |
|
Hyrican Informationssysteme Aktiengesellschaft
F:HYI
|
$24.25 Million |
|
KARO INVEST a.s.
PR:KARIN
|
$24.21 Million |
|
Logic Instrume
PA:ALLOG
|
$24.21 Million |
|
Minnova Corp
V:MCI
|
$24.19 Million |
|
OYAK Yatirim Ortakligi AS
IS:OYAYO
|
$24.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhonglu Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 609,117,355 to 589,282,719, a change of -19,834,636 (-3.3%).
- Net loss of 19,834,636 reduced equity.
- Dividend payments of 1,437,656 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.83 Million | -3.37% |
| Dividends Paid | $1.44 Million | -0.24% |
| Other Changes | $1.44 Million | +0.24% |
| Total Change | $- | -3.26% |
Book Value vs Market Value Analysis
This analysis compares Zhonglu Co Ltd B'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: 0.16x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $2.09 | $0.29 | x |
| 2018-12-31 | $1.98 | $0.29 | x |
| 2019-12-31 | $1.77 | $0.29 | x |
| 2020-12-31 | $2.01 | $0.29 | x |
| 2021-12-31 | $2.12 | $0.29 | x |
| 2022-12-31 | $1.82 | $0.29 | x |
| 2023-12-31 | $1.89 | $0.29 | x |
| 2024-12-31 | $1.83 | $0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhonglu Co Ltd B 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): -3.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.03%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.57x
- Recent ROE (-3.37%) is below the historical average (1.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.32% | 13.27% | 0.67x | 1.71x | $31.38 Million |
| 2017 | 4.66% | 5.17% | 0.57x | 1.57x | $-35.89 Million |
| 2018 | 0.80% | 0.96% | 0.51x | 1.63x | $-58.43 Million |
| 2019 | -11.09% | -10.78% | 0.64x | 1.61x | $-119.88 Million |
| 2020 | 14.89% | 13.09% | 0.77x | 1.48x | $31.59 Million |
| 2021 | 5.44% | 5.14% | 0.78x | 1.36x | $-31.14 Million |
| 2022 | -13.05% | -8.23% | 1.01x | 1.57x | $-134.83 Million |
| 2023 | 3.96% | 2.48% | 1.10x | 1.45x | $-36.81 Million |
| 2024 | -3.37% | -2.03% | 1.05x | 1.57x | $-78.76 Million |
Industry Comparison
This section compares Zhonglu Co Ltd B's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $532,170,674
- Average return on equity (ROE) among peers: 2.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhonglu Co Ltd B (900915) | $518.99 Million | 15.32% | 0.94x | $24.21 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.99 Billion | 0.00% | 0.00x | $413.48 Million |
| HL Corp Shenzhen (002105) | $572.17 Million | 7.55% | 1.08x | $360.68 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $801.80 Million | -31.41% | 0.45x | $1.64 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $632.40 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.55 Billion | 6.31% | 0.29x | $1.27 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $2.56 Billion | 9.82% | 0.72x | $522.99 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $1.66 Billion | 10.98% | 0.20x | $1.21 Billion |
| Shifeng Cultural Development Co Ltd (002862) | $179.37 Million | 19.70% | 0.56x | $461.68 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.10 Billion | 1.59% | 0.62x | $722.35 Million |
| China Bicycle Co Holdings Ltd (200017) | $-1.99 Billion | 0.00% | 0.00x | $66.51 Million |
About Zhonglu Co Ltd B
Zhonglu.Co.,Ltd manufactures and sells bicycles in China. The company offers bicycles and parts, power-assisted bicycles, baby carriages, manual wheelchairs, electric wheelchairs, and spare parts, electric tricycles, motorcycles and mopeds, other special vehicles, and other supporting products related to bicycles. It also involved in import and export of goods; research, production, and sales of … Read more