Shanghai Zhenhua Heavy Industries Co Ltd B (900947) - Net Assets
Based on the latest financial reports, Shanghai Zhenhua Heavy Industries Co Ltd B (900947) has net assets worth $18.43 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($83.73 Billion) and total liabilities ($65.29 Billion). 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 900947 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.43 Billion |
| % of Total Assets | 22.02% |
| Annual Growth Rate | 1.33% |
| 5-Year Change | 7.3% |
| 10-Year Change | N/A |
| Growth Volatility | 4.3 |
Shanghai Zhenhua Heavy Industries Co Ltd B - Net Assets Trend (2016–2024)
This chart illustrates how Shanghai Zhenhua Heavy Industries Co Ltd B's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Shanghai Zhenhua Heavy Industries Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Zhenhua Heavy Industries Co Ltd B (2016–2024)
The table below shows the annual net assets of Shanghai Zhenhua Heavy Industries Co Ltd B from 2016 to 2024. For live valuation and market cap data, see Shanghai Zhenhua Heavy Industries Co Ltd (900947) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.32 Billion | -2.89% |
| 2023-12-31 | $18.87 Billion | +4.11% |
| 2022-12-31 | $18.12 Billion | +2.68% |
| 2021-12-31 | $17.65 Billion | +3.37% |
| 2020-12-31 | $17.08 Billion | -8.05% |
| 2019-12-31 | $18.57 Billion | +5.44% |
| 2018-12-31 | $17.61 Billion | +4.66% |
| 2017-12-31 | $16.83 Billion | +2.07% |
| 2016-12-31 | $16.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Zhenhua Heavy Industries 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 decreased by 28.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.54 Billion | 22.32% |
| Other Components | $12.33 Billion | 77.68% |
| Total Equity | $15.87 Billion | 100.00% |
Shanghai Zhenhua Heavy Industries Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Zhenhua Heavy Industries Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
$527.52 Million |
|
Monro Muffler Brake Inc
NASDAQ:MNRO
|
$527.75 Million |
|
SECHE ENVIRO.UNSP.ADR 1/5
F:SCB0
|
$528.04 Million |
|
Martinrea International Inc.
TO:MRE
|
$528.12 Million |
|
APAC Opto Electronics
TWO:4908
|
$527.35 Million |
|
iHeartMedia Inc Class A
NASDAQ:IHRT
|
$527.25 Million |
|
VP Bank AG
SW:VPBN
|
$527.23 Million |
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
$526.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Zhenhua Heavy Industries Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,756,552,794 to 15,867,533,500, a change of 110,980,706 (0.7%).
- Net income of 533,524,077 contributed positively to equity growth.
- Dividend payments of 1,109,044,215 reduced retained earnings.
- Other factors increased equity by 686,500,844.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $533.52 Million | +3.36% |
| Dividends Paid | $1.11 Billion | -6.99% |
| Other Changes | $686.50 Million | +4.33% |
| Total Change | $- | 0.70% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Zhenhua Heavy Industries 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: 0.09x
- 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 | $2.85 | $0.27 | x |
| 2018-12-31 | $2.88 | $0.27 | x |
| 2019-12-31 | $2.95 | $0.27 | x |
| 2020-12-31 | $2.77 | $0.27 | x |
| 2021-12-31 | $2.85 | $0.27 | x |
| 2022-12-31 | $2.88 | $0.27 | x |
| 2023-12-31 | $2.99 | $0.27 | x |
| 2024-12-31 | $3.01 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Zhenhua Heavy Industries 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): 3.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.55%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 5.41x
- Recent ROE (3.36%) is above the historical average (2.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.40% | 0.87% | 0.40x | 4.00x | $-1.31 Billion |
| 2017 | 2.00% | 1.37% | 0.32x | 4.50x | $-1.20 Billion |
| 2018 | 2.92% | 2.03% | 0.31x | 4.65x | $-1.08 Billion |
| 2019 | 3.31% | 2.09% | 0.33x | 4.79x | $-1.04 Billion |
| 2020 | 2.90% | 1.86% | 0.29x | 5.44x | $-1.03 Billion |
| 2021 | 2.93% | 1.69% | 0.33x | 5.23x | $-1.06 Billion |
| 2022 | 2.45% | 1.23% | 0.39x | 5.16x | $-1.14 Billion |
| 2023 | 3.30% | 1.58% | 0.39x | 5.39x | $-1.06 Billion |
| 2024 | 3.36% | 1.55% | 0.40x | 5.41x | $-1.05 Billion |
Industry Comparison
This section compares Shanghai Zhenhua Heavy Industries Co Ltd B's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Zhenhua Heavy Industries Co Ltd B (900947) | $18.43 Billion | 1.40% | 3.54x | $527.46 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Shanghai Zhenhua Heavy Industries Co Ltd B
Shanghai Zhenhua Heavy Industries Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of heavy-duty equipment in Chinese Mainland, rest of Asia, Africa, North America, Europe, South America, Oceania, and internationally. The company offers port machinery, including STS crane, RMG/RTG crane, bulk-cargo machinery, port mobile handling machinery, and automated terminal; of… Read more