Honghua Group Limited (4HB) - Net Assets
Based on the latest financial reports, Honghua Group Limited (4HB) has net assets worth €3.64 Billion EUR (≈ $4.26 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.61 Billion ≈ $14.74 Billion USD) and total liabilities (€8.97 Billion ≈ $10.49 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 how tangible is Honghua Group Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.64 Billion |
| % of Total Assets | 28.87% |
| Annual Growth Rate | -2.54% |
| 5-Year Change | -2.81% |
| 10-Year Change | -10.83% |
| Growth Volatility | 8.4 |
Honghua Group Limited - Net Assets Trend (2013–2025)
This chart illustrates how Honghua Group Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Honghua Group Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Honghua Group Limited (2013–2025)
The table below shows the annual net assets of Honghua Group Limited from 2013 to 2025. For live valuation and market cap data, see 4HB market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €3.64 Billion ≈ $4.26 Billion |
-0.64% |
| 2024-12-31 | €3.66 Billion ≈ $4.28 Billion |
+2.31% |
| 2023-12-31 | €3.58 Billion ≈ $4.19 Billion |
+12.14% |
| 2022-12-31 | €3.19 Billion ≈ $3.73 Billion |
-14.74% |
| 2021-12-31 | €3.75 Billion ≈ $4.38 Billion |
-16.65% |
| 2020-12-31 | €4.49 Billion ≈ $5.25 Billion |
+0.32% |
| 2019-12-31 | €4.48 Billion ≈ $5.24 Billion |
+3.74% |
| 2018-12-31 | €4.32 Billion ≈ $5.05 Billion |
+3.38% |
| 2017-12-31 | €4.18 Billion ≈ $4.88 Billion |
+2.31% |
| 2016-12-31 | €4.08 Billion ≈ $4.77 Billion |
-14.47% |
| 2015-12-31 | €4.77 Billion ≈ $5.58 Billion |
-3.82% |
| 2014-12-31 | €4.96 Billion ≈ $5.80 Billion |
+0.10% |
| 2013-12-31 | €4.96 Billion ≈ $5.80 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Honghua Group Limited'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 217.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €5.54 Billion | 160.71% |
| Total Equity | €3.45 Billion | 100.00% |
Honghua Group Limited Competitors by Market Cap
The table below lists competitors of Honghua Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inversora Juramento SA
BA:INVJ
|
$188.57 Million |
|
Able C&C
KO:078520
|
$188.59 Million |
|
QuantumSi Inc
NASDAQ:QSI
|
$188.72 Million |
|
Amaero Ltd
AU:3DA
|
$188.72 Million |
|
AVerMedia Technologies Inc
TW:2417
|
$188.55 Million |
|
Perdana Karya Perkasa Tbk
JK:PKPK
|
$188.44 Million |
|
Rich Development Co Ltd
TWO:5512
|
$188.40 Million |
|
Asflow Co. Ltd.
KQ:159010
|
$188.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Honghua Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,469,896,000 to 3,445,592,000, a change of -24,304,000 (-0.7%).
- Net income of 38,320,000 contributed positively to equity growth.
- Other factors decreased equity by 62,624,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €38.32 Million | +1.11% |
| Other Changes | €-62.62 Million | -1.82% |
| Total Change | €- | -0.70% |
Book Value vs Market Value Analysis
This analysis compares Honghua Group Limited'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: 0.05x
- 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 | €0.75 | €0.02 | x |
| 2018-12-31 | €0.77 | €0.02 | x |
| 2019-12-31 | €0.80 | €0.02 | x |
| 2020-12-31 | €0.80 | €0.02 | x |
| 2021-12-31 | €0.66 | €0.02 | x |
| 2022-12-31 | €0.55 | €0.02 | x |
| 2023-12-31 | €0.38 | €0.02 | x |
| 2024-12-31 | €0.39 | €0.02 | x |
| 2025-12-31 | €0.38 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Honghua Group Limited 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): 1.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.70%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 3.66x
- Recent ROE (1.11%) is above the historical average (-6.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.29% | 6.68% | 0.57x | 2.99x | €61.28 Million |
| 2014 | 1.94% | 1.17% | 0.50x | 3.28x | €-381.11 Million |
| 2015 | -5.54% | -5.98% | 0.32x | 2.90x | €-707.41 Million |
| 2016 | -15.64% | -26.01% | 0.21x | 2.89x | €-999.58 Million |
| 2017 | -30.90% | -56.96% | 0.22x | 2.51x | €-1.64 Billion |
| 2018 | 1.99% | 1.96% | 0.41x | 2.50x | €-330.59 Million |
| 2019 | 2.52% | 2.43% | 0.38x | 2.76x | €-319.09 Million |
| 2020 | 1.16% | 1.26% | 0.33x | 2.81x | €-377.28 Million |
| 2021 | -20.27% | -24.42% | 0.25x | 3.32x | €-1.07 Billion |
| 2022 | -21.41% | -14.17% | 0.36x | 4.16x | €-930.80 Million |
| 2023 | -11.42% | -7.06% | 0.44x | 3.70x | €-725.02 Million |
| 2024 | 0.22% | 0.13% | 0.47x | 3.44x | €-339.41 Million |
| 2025 | 1.11% | 0.70% | 0.44x | 3.66x | €-306.24 Million |
Industry Comparison
This section compares Honghua Group Limited's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $7,398,736,386
- Average return on equity (ROE) among peers: 10.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Honghua Group Limited (4HB) | €3.64 Billion | 11.29% | 2.46x | $188.57 Million |
| Petrolia SE (0PE) | $41.05 Million | 4.89% | 0.63x | $30.70 Million |
| TechnipFMC PLC (1T1) | $5.04 Billion | 7.80% | 2.70x | $23.79 Billion |
| Anton Oilfield Services Group (5AO) | $1.98 Billion | -8.12% | 2.37x | $291.71 Million |
| HILONG HOLDING LTD HD-10 (8HL) | $3.26 Billion | 0.87% | 1.48x | $39.87 Million |
| GAZTR.TECHNI.U.ADR1/5EO01 (9TG0) | $461.47 Million | 75.37% | 0.77x | $7.76 Billion |
| China Oilfield Services Limited (CO9) | $46.83 Billion | 2.29% | 1.00x | $1.67 Billion |
| CIMC Enric Holdings Limited (E8F) | $7.47 Billion | 7.76% | 1.15x | $2.28 Billion |
| GULF MARINE SVCS LS -02 (G0M) | $262.71 Million | 11.80% | 1.57x | $241.95 Million |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $1.24 Billion | -11.15% | 0.94x | $27.59 Million |
About Honghua Group Limited
Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land rigs, and related parts and components. The company operates through five segments: Land Drilling Rigs; Parts and Components and Others; Drilling Engineering Services; Fracturing Services; and Offshore Engineering. The company offers drilling rigs equipment, such as smart,… Read more