HILONG HOLDING LTD HD-10 (8HL) - Net Assets
Based on the latest financial reports, HILONG HOLDING LTD HD-10 (8HL) has net assets worth €3.26 Billion EUR (≈ $3.81 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.08 Billion ≈ $9.44 Billion USD) and total liabilities (€4.82 Billion ≈ $5.63 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 HILONG HOLDING LTD HD-10's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.26 Billion |
| % of Total Assets | 40.35% |
| Annual Growth Rate | 2.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.78 |
HILONG HOLDING LTD HD-10 - Net Assets Trend (2021–2024)
This chart illustrates how HILONG HOLDING LTD HD-10's net assets have evolved over time, based on quarterly financial data. See 8HL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HILONG HOLDING LTD HD-10 (2021–2024)
The table below shows the annual net assets of HILONG HOLDING LTD HD-10 from 2021 to 2024. For live valuation and market cap data, see 8HL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.26 Billion ≈ $3.81 Billion |
-2.10% |
| 2023-12-31 | €3.33 Billion ≈ $3.89 Billion |
+0.33% |
| 2022-12-31 | €3.32 Billion ≈ $3.88 Billion |
+9.04% |
| 2021-12-31 | €3.04 Billion ≈ $3.56 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to HILONG HOLDING LTD HD-10'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 15.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.32 Billion | 71.07% |
| Other Components | €944.38 Million | 28.93% |
| Total Equity | €3.26 Billion | 100.00% |
HILONG HOLDING LTD HD-10 Competitors by Market Cap
The table below lists competitors of HILONG HOLDING LTD HD-10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wir Asia Tbk PT
JK:WIRG
|
$39.87 Million |
|
Megawin Technology Co Ltd
TWO:3122
|
$39.88 Million |
|
MIRA Pharmaceuticals, Inc. Common Stock
NASDAQ:MIRA
|
$39.88 Million |
|
DAEMO Engineering Co. Ltd
KQ:317850
|
$39.88 Million |
|
Suominen Oyj
HE:SUY1V
|
$39.85 Million |
|
Aman Agrindo
JK:GULA
|
$39.83 Million |
|
Morixe Hermanos SACI
BA:MORI
|
$39.82 Million |
|
EYG Gayrimenkul Yatirim Ortakligi A.S.
IS:EYGYO
|
$39.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HILONG HOLDING LTD HD-10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,335,539,000 to 3,263,918,000, a change of -71,621,000 (-2.1%).
- Net income of 28,275,000 contributed positively to equity growth.
- Other factors decreased equity by 99,896,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €28.27 Million | +0.87% |
| Other Changes | €-99.90 Million | -3.06% |
| Total Change | €- | -2.15% |
Book Value vs Market Value Analysis
This analysis compares HILONG HOLDING LTD HD-10'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: 0.01x
- 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 |
|---|---|---|---|
| 2021-12-31 | €1.78 | €0.02 | x |
| 2022-12-31 | €1.94 | €0.02 | x |
| 2023-12-31 | €1.97 | €0.02 | x |
| 2024-12-31 | €1.92 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HILONG HOLDING LTD HD-10 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): 0.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.61%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.47x
- Recent ROE (0.87%) is below the historical average (2.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.47% | 1.52% | 0.41x | 2.35x | €-257.30 Million |
| 2022 | 3.21% | 3.44% | 0.39x | 2.40x | €-223.00 Million |
| 2023 | 4.46% | 3.50% | 0.53x | 2.39x | €-184.89 Million |
| 2024 | 0.87% | 0.61% | 0.58x | 2.47x | €-298.12 Million |
Industry Comparison
This section compares HILONG HOLDING LTD HD-10'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: $8,251,219,719
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HILONG HOLDING LTD HD-10 (8HL) | €3.26 Billion | 1.47% | 1.48x | $39.87 Million |
| Petrolia SE (0PE) | $31.36 Million | -38.49% | 1.21x | $30.70 Million |
| TechnipFMC PLC (1T1) | $3.28 Billion | -3.27% | 1.88x | $23.79 Billion |
| Honghua Group Limited (4HB) | $4.96 Billion | 10.84% | 1.87x | $162.72 Million |
| Anton Oilfield Services Group (5AO) | $3.77 Billion | 9.90% | 2.08x | $290.98 Million |
| GAZTR.TECHNI.U.ADR1/5EO01 (9TG0) | $259.83 Million | 49.36% | 0.86x | $7.76 Billion |
| China Oilfield Services Limited (CO9) | $46.83 Billion | 2.29% | 1.00x | $1.57 Billion |
| CIMC Enric Holdings Limited (E8F) | $13.11 Billion | 8.35% | 1.24x | $2.15 Billion |
| GULF MARINE SVCS LS -02 (G0M) | $262.71 Million | 11.80% | 1.57x | $241.95 Million |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $1.77 Billion | -11.90% | 0.86x | $27.59 Million |
About HILONG HOLDING LTD HD-10
Hilong Holding Limited, an investment holding company, operates as an oil field equipment and services provider in the People's Republic of China, Hong Kong, Russia, Central Asia and Europe, the Middle East, North and South America, South Asia, Southeast Asia, and Africa. It operates through Oilfield Equipment Manufacturing and Services, Oilfield Services, and Offshore Engineering Services segmen… Read more