Heng Sheng Holding Group Limited
Heng Sheng Holding Group Limited engages in research and development, manufacturing, and distribution of toys, children's clothing in Hong Kong and internationally. It offers Plastic and Plush Toys; and Children's Clothing and Accessories. The company is also involved in animation production business. Heng Sheng Holding Group Limited was incorporated in 1995 and is based in Kwun Tong, Hong Kong.
Heng Sheng Holding Group Limited (900270) - Net Assets
Latest net assets as of September 2025: ₩364.05 Billion KRW
Based on the latest financial reports, Heng Sheng Holding Group Limited (900270) has net assets worth ₩364.05 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩416.64 Billion) and total liabilities (₩52.60 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩364.05 Billion |
| % of Total Assets | 87.38% |
| Annual Growth Rate | -31.56% |
| 5-Year Change | 6.38% |
| 10-Year Change | 212.98% |
| Growth Volatility | 45.15 |
Heng Sheng Holding Group Limited - Net Assets Trend (2014–2024)
This chart illustrates how Heng Sheng Holding Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Heng Sheng Holding Group Limited (2014–2024)
The table below shows the annual net assets of Heng Sheng Holding Group Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.80 Billion | +2.76% |
| 2023-12-31 | ₩1.76 Billion | +2.97% |
| 2022-12-31 | ₩1.71 Billion | +0.62% |
| 2021-12-31 | ₩1.69 Billion | -0.08% |
| 2020-12-31 | ₩1.70 Billion | +1.16% |
| 2019-12-31 | ₩1.68 Billion | +13.32% |
| 2018-12-31 | ₩1.48 Billion | +11.03% |
| 2017-12-31 | ₩1.33 Billion | +14.95% |
| 2016-12-31 | ₩1.16 Billion | +101.09% |
| 2015-12-31 | ₩576.46 Million | -99.28% |
| 2014-12-31 | ₩80.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heng Sheng Holding 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 98.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.28 Billion | 70.68% |
| Common Stock | ₩504.65 Million | 27.97% |
| Other Components | ₩24.36 Million | 1.35% |
| Total Equity | ₩1.80 Billion | 100.00% |
Heng Sheng Holding Group Limited Competitors by Market Cap
The table below lists competitors of Heng Sheng Holding Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SSH COMMUN.SEC.OYJ EO-03
F:XXH
|
$9.56 Million |
|
Plateer Co. Ltd.
KQ:367000
|
$9.57 Million |
|
Vishwaraj Sugar Industries Limited
NSE:VISHWARAJ
|
$9.57 Million |
|
Ginni Filaments Limited
NSE:GINNIFILA
|
$9.57 Million |
|
Gaming Corps AB
ST:GCOR
|
$9.56 Million |
|
MC Mining Ltd
AU:MCM
|
$9.56 Million |
|
Vertiqal Studios Corp.
PINK:VERTF
|
$9.56 Million |
|
BLUELAKE MINERAL AB
F:5KG0
|
$9.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heng Sheng Holding Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,755,736,130 to 1,804,205,040, a change of 48,468,910 (2.8%).
- Net income of 12,358,670 contributed positively to equity growth.
- Share repurchases of 30,628,740 reduced equity.
- New share issuances of 6,164,646,000 increased equity.
- Other factors decreased equity by 6,097,907,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.36 Million | +0.68% |
| Share Repurchases | ₩30.63 Million | -1.7% |
| Share Issuances | ₩6.16 Billion | +341.68% |
| Other Changes | ₩-6.10 Billion | -337.98% |
| Total Change | ₩- | 2.76% |
Book Value vs Market Value Analysis
This analysis compares Heng Sheng Holding 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: 11.65x
- 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 increased from 9.52x to 11.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩14.49 | ₩138.00 | x |
| 2017-12-31 | ₩16.66 | ₩138.00 | x |
| 2018-12-31 | ₩18.49 | ₩138.00 | x |
| 2019-12-31 | ₩20.96 | ₩138.00 | x |
| 2020-12-31 | ₩21.20 | ₩138.00 | x |
| 2021-12-31 | ₩21.18 | ₩138.00 | x |
| 2022-12-31 | ₩20.59 | ₩138.00 | x |
| 2023-12-31 | ₩13.99 | ₩138.00 | x |
| 2024-12-31 | ₩11.85 | ₩138.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heng Sheng Holding 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): 0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.00%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.19x
- Recent ROE (0.68%) is below the historical average (10.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 33.78% | 13.41% | 1.33x | 1.89x | ₩17.78 Billion |
| 2015 | 27.09% | 13.89% | 1.18x | 1.65x | ₩98.52 Million |
| 2016 | 14.66% | 14.87% | 0.73x | 1.34x | ₩53.98 Million |
| 2017 | 14.38% | 15.99% | 0.70x | 1.28x | ₩58.40 Million |
| 2018 | 10.09% | 12.39% | 0.65x | 1.25x | ₩1.26 Million |
| 2019 | 11.52% | 14.72% | 0.65x | 1.21x | ₩25.56 Million |
| 2020 | 1.77% | 3.58% | 0.42x | 1.19x | ₩-139.58 Million |
| 2021 | 0.20% | 0.50% | 0.34x | 1.19x | ₩-166.03 Million |
| 2022 | -0.60% | -1.49% | 0.34x | 1.18x | ₩-180.72 Million |
| 2023 | -0.26% | -0.94% | 0.23x | 1.17x | ₩-180.08 Million |
| 2024 | 0.68% | 2.00% | 0.29x | 1.19x | ₩-168.06 Million |
Industry Comparison
This section compares Heng Sheng Holding Group Limited's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $392,217,731,264
- Average return on equity (ROE) among peers: -2.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heng Sheng Holding Group Limited (900270) | ₩364.05 Billion | 33.78% | 0.14x | $9.56 Million |
| Samchuly Bicycle Co. Ltd (024950) | $92.23 Billion | 5.53% | 1.94x | $19.59 Million |
| Fila Holdings Corp (081660) | $2.31 Trillion | 10.20% | 0.86x | $1.16 Billion |
| E-World (084680) | $86.44 Billion | 0.00% | 0.81x | $34.93 Million |
| Yellow Balloon Tour Co. Ltd (104620) | $43.48 Billion | -23.44% | 1.02x | $28.88 Million |
| 111380 (111380) | $51.61 Billion | 54.89% | 2.85x | $15.41 Million |
| Namhwa Industrial Co. Ltd (111710) | $134.97 Billion | 2.28% | 0.09x | $8.26 Million |
| Alton Sports Co.Ltd (123750) | $30.31 Billion | -70.34% | 0.95x | $10.79 Million |