Hitech Corporation Limited (HITECHCORP) - Net Assets
Based on the latest financial reports, Hitech Corporation Limited (HITECHCORP) has net assets worth Rs2.78 Billion INR (≈ $30.09 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs4.74 Billion ≈ $51.23 Million USD) and total liabilities (Rs1.95 Billion ≈ $21.13 Million 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 Hitech Corporation Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.78 Billion |
| % of Total Assets | 58.74% |
| Annual Growth Rate | 14.28% |
| 5-Year Change | 48.67% |
| 10-Year Change | 62.59% |
| Growth Volatility | 17.08 |
Hitech Corporation Limited - Net Assets Trend (2006–2025)
This chart illustrates how Hitech Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore HITECHCORP total assets for the complete picture of this company's asset base.
Annual Net Assets for Hitech Corporation Limited (2006–2025)
The table below shows the annual net assets of Hitech Corporation Limited from 2006 to 2025. For live valuation and market cap data, see Hitech Corporation Limited (HITECHCORP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.71 Billion ≈ $29.27 Million |
+2.76% |
| 2024-03-31 | Rs2.63 Billion ≈ $28.49 Million |
+8.31% |
| 2023-03-31 | Rs2.43 Billion ≈ $26.30 Million |
+12.10% |
| 2022-03-31 | Rs2.17 Billion ≈ $23.46 Million |
+19.15% |
| 2021-03-31 | Rs1.82 Billion ≈ $19.69 Million |
+10.13% |
| 2020-03-31 | Rs1.65 Billion ≈ $17.88 Million |
+0.55% |
| 2019-03-31 | Rs1.64 Billion ≈ $17.78 Million |
+9.62% |
| 2018-03-31 | Rs1.50 Billion ≈ $16.22 Million |
-15.89% |
| 2017-03-31 | Rs1.78 Billion ≈ $19.29 Million |
+7.11% |
| 2016-03-31 | Rs1.66 Billion ≈ $18.01 Million |
+13.67% |
| 2015-03-31 | Rs1.46 Billion ≈ $15.84 Million |
+12.24% |
| 2014-03-31 | Rs1.30 Billion ≈ $14.11 Million |
+5.41% |
| 2013-03-31 | Rs1.24 Billion ≈ $13.39 Million |
+6.83% |
| 2012-03-31 | Rs1.16 Billion ≈ $12.53 Million |
+7.67% |
| 2011-03-31 | Rs1.08 Billion ≈ $11.64 Million |
+19.95% |
| 2010-03-31 | Rs897.27 Million ≈ $9.70 Million |
+29.93% |
| 2009-03-31 | Rs690.59 Million ≈ $7.47 Million |
+43.45% |
| 2008-03-31 | Rs481.42 Million ≈ $5.21 Million |
+38.45% |
| 2007-03-31 | Rs347.71 Million ≈ $3.76 Million |
+62.14% |
| 2006-03-31 | Rs214.45 Million ≈ $2.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hitech Corporation 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 grown by 199374200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.99 Billion | 73.65% |
| Common Stock | Rs171.76 Million | 6.35% |
| Other Comprehensive Income | Rs353.45 Million | 13.06% |
| Other Components | Rs188.00 Million | 6.95% |
| Total Equity | Rs2.71 Billion | 100.00% |
Hitech Corporation Limited Competitors by Market Cap
The table below lists competitors of Hitech Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Shenqi Pharmaceutical Investment Management Co Ltd B
SHG:900904
|
$26.01 Million |
|
Avante Logixx Inc
V:XX
|
$26.02 Million |
|
Jasper Therapeutics Inc
NASDAQ:JSPR
|
$26.03 Million |
|
A SPAC III Acquisition Corp. Class A Ordinary Shares
NASDAQ:ASPC
|
$26.04 Million |
|
Bayfirst Financial Corp
NASDAQ:BAFN
|
$25.98 Million |
|
LM Pay Spolka Akcyjna
F:Y00
|
$25.95 Million |
|
Pusan Cast Iron Co., Ltd.
KO:005030
|
$25.95 Million |
|
SPARK VC S.A. ZY 10
F:8N2
|
$25.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hitech Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,634,190,000 to 2,706,952,000, a change of 72,762,000 (2.8%).
- Net income of 89,367,000 contributed positively to equity growth.
- Dividend payments of 17,252,000 reduced retained earnings.
- Other comprehensive income increased equity by 483,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs89.37 Million | +3.3% |
| Dividends Paid | Rs17.25 Million | -0.64% |
| Other Comprehensive Income | Rs483.00K | +0.02% |
| Other Changes | Rs164.00K | +0.01% |
| Total Change | Rs- | 2.76% |
Book Value vs Market Value Analysis
This analysis compares Hitech Corporation 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: 0.89x
- 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.
- The price-to-book ratio has decreased from 10.13x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs13.82 | Rs139.97 | x |
| 2007-03-31 | Rs23.10 | Rs139.97 | x |
| 2008-03-31 | Rs28.49 | Rs139.97 | x |
| 2009-03-31 | Rs41.12 | Rs139.97 | x |
| 2010-03-31 | Rs51.29 | Rs139.97 | x |
| 2011-03-31 | Rs60.47 | Rs139.97 | x |
| 2012-03-31 | Rs66.82 | Rs139.97 | x |
| 2013-03-31 | Rs71.81 | Rs139.97 | x |
| 2014-03-31 | Rs75.57 | Rs139.97 | x |
| 2015-03-31 | Rs88.93 | Rs139.97 | x |
| 2016-03-31 | Rs107.39 | Rs139.97 | x |
| 2017-03-31 | Rs103.83 | Rs139.97 | x |
| 2018-03-31 | Rs87.33 | Rs139.97 | x |
| 2019-03-31 | Rs95.73 | Rs139.97 | x |
| 2020-03-31 | Rs96.26 | Rs139.97 | x |
| 2021-03-31 | Rs106.01 | Rs139.97 | x |
| 2022-03-31 | Rs126.31 | Rs139.97 | x |
| 2023-03-31 | Rs141.60 | Rs139.97 | x |
| 2024-03-31 | Rs153.37 | Rs139.97 | x |
| 2025-03-31 | Rs157.03 | Rs139.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hitech Corporation 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): 3.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.59%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 1.67x
- Recent ROE (3.30%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 30.59% | 6.05% | 1.30x | 3.89x | Rs33.86 Million |
| 2007 | 26.14% | 5.07% | 1.51x | 3.41x | Rs48.31 Million |
| 2008 | 25.35% | 5.30% | 1.51x | 3.16x | Rs57.63 Million |
| 2009 | 18.81% | 4.72% | 1.55x | 2.57x | Rs47.71 Million |
| 2010 | 22.10% | 5.70% | 1.39x | 2.80x | Rs81.80 Million |
| 2011 | 18.10% | 4.19% | 1.43x | 3.02x | Rs64.49 Million |
| 2012 | 12.08% | 2.76% | 1.45x | 3.01x | Rs18.34 Million |
| 2013 | 9.55% | 2.06% | 1.67x | 2.79x | Rs-4.24 Million |
| 2014 | 6.38% | 1.38% | 1.72x | 2.68x | Rs-36.06 Million |
| 2015 | 4.63% | 1.46% | 1.86x | 1.70x | Rs-78.61 Million |
| 2016 | 8.48% | 3.60% | 1.68x | 1.40x | Rs-25.31 Million |
| 2017 | 6.64% | 3.23% | 1.41x | 1.46x | Rs-59.89 Million |
| 2018 | 5.18% | 2.01% | 1.09x | 2.36x | Rs-72.36 Million |
| 2019 | 9.98% | 3.57% | 1.14x | 2.46x | Rs-400.00K |
| 2020 | 1.43% | 0.51% | 1.19x | 2.34x | Rs-141.74 Million |
| 2021 | 9.31% | 3.81% | 1.21x | 2.02x | Rs-12.49 Million |
| 2022 | 17.24% | 6.38% | 1.66x | 1.63x | Rs157.01 Million |
| 2023 | 11.65% | 5.07% | 1.64x | 1.40x | Rs40.08 Million |
| 2024 | 8.35% | 3.92% | 1.44x | 1.48x | Rs-43.39 Million |
| 2025 | 3.30% | 1.59% | 1.25x | 1.67x | Rs-181.33 Million |
Industry Comparison
This section compares Hitech Corporation Limited's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,053,668,243
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hitech Corporation Limited (HITECHCORP) | Rs2.78 Billion | 30.59% | 0.70x | $26.00 Million |
| AGI Greenpac Limited (AGI) | $13.78 Billion | 6.46% | 0.87x | $443.60 Million |
| AMD Industries Limited (AMDIND) | $1.05 Billion | 1.02% | 1.62x | $9.17 Million |
| Antarctica Limited (ANTGRAPHIC) | $159.64 Million | -2.03% | 2.17x | $1.44 Million |
| Arrow Greentech Limited (ARROWGREEN) | $106.21 Million | -2.55% | 1.05x | $87.08 Million |
| Balkrishna Paper Mills Limited (BALKRISHNA) | $-1.50 Billion | 0.00% | 0.00x | $6.28 Million |
| B&B Triplewall Containers Limited (BBTCL) | $129.80 Million | 14.86% | 2.79x | $42.43 Million |
| Bkm Industries Limited (BKMINDST) | $2.36 Billion | 5.12% | 0.94x | $1.28 Million |
| Borosil Scientific (BOROSCI) | $3.76 Billion | 6.26% | 0.31x | $110.49 Million |
| COMMERCIAL SYN BAGS ORD (BSE) (COMSYN) | $228.62 Million | 22.97% | 2.07x | $66.80 Million |
| Emmbi Industries Limited (EMMBI) | $468.82 Million | 5.48% | 0.78x | $17.45 Million |
About Hitech Corporation Limited
Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, construction and specialty chemicals, agrochemicals, food and beverage and personal care, home care, pharmaceuticals, food and beverages, health care, and oils, and lubricants.… Read more