Hisense Home Appliances Group Co. Ltd
Hisense Home Appliances Group Co., Ltd. engages in the manufacture and sale of household electrical appliances under the Hisense, Ronshen, Kelon, Hitachi, gorenge, ASKO, and York brands in the People's Republic of China and internationally. The company's products include refrigerators, residential air-conditioners, central air-conditioners, freezers, washing machines, kitchen appliances, environm… Read more
Hisense Home Appliances Group Co. Ltd (HISEF) - Net Assets
Latest net assets as of June 2025: $19.52 Billion USD
Based on the latest financial reports, Hisense Home Appliances Group Co. Ltd (HISEF) has net assets worth $19.52 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 ($74.81 Billion) and total liabilities ($55.30 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 | $19.52 Billion |
| % of Total Assets | 26.09% |
| Annual Growth Rate | 8.5% |
| 5-Year Change | 34.48% |
| 10-Year Change | 333.07% |
| Growth Volatility | 39.63 |
Hisense Home Appliances Group Co. Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Hisense Home Appliances Group Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hisense Home Appliances Group Co. Ltd (1996–2024)
The table below shows the annual net assets of Hisense Home Appliances Group Co. Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $19.37 Billion | -0.11% |
| 2023-12-31 | $19.40 Billion | +19.15% |
| 2022-12-31 | $16.28 Billion | +4.41% |
| 2021-12-31 | $15.59 Billion | +8.22% |
| 2020-12-31 | $14.41 Billion | +15.43% |
| 2019-12-31 | $12.48 Billion | +58.20% |
| 2018-12-31 | $7.89 Billion | +11.32% |
| 2017-12-31 | $7.09 Billion | +33.13% |
| 2016-12-31 | $5.32 Billion | +18.99% |
| 2015-12-31 | $4.47 Billion | +13.53% |
| 2014-12-31 | $3.94 Billion | +23.79% |
| 2013-12-31 | $3.18 Billion | +69.94% |
| 2012-12-31 | $1.87 Billion | +61.37% |
| 2011-12-31 | $1.16 Billion | +27.43% |
| 2010-12-31 | $910.95 Million | +229.93% |
| 2009-12-31 | $-701.11 Million | +16.75% |
| 2008-12-31 | $-842.15 Million | -36.16% |
| 2007-12-31 | $-618.49 Million | +23.36% |
| 2006-12-31 | $-806.97 Million | +3.03% |
| 2005-12-31 | $-832.15 Million | -128.41% |
| 2004-12-31 | $2.93 Billion | -5.74% |
| 2003-12-31 | $3.11 Billion | +11.07% |
| 2002-12-31 | $2.80 Billion | +6.41% |
| 2001-12-31 | $2.63 Billion | -37.99% |
| 2000-12-31 | $4.24 Billion | -19.32% |
| 1999-12-31 | $5.25 Billion | +40.50% |
| 1998-12-31 | $3.74 Billion | +15.51% |
| 1997-12-31 | $3.24 Billion | +64.18% |
| 1996-12-31 | $1.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hisense Home Appliances Group Co. Ltd'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 6105.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.30 Billion | 73.11% |
| Common Stock | $1.39 Billion | 8.97% |
| Other Components | $2.77 Billion | 17.92% |
| Total Equity | $15.46 Billion | 100.00% |
Hisense Home Appliances Group Co. Ltd Competitors by Market Cap
The table below lists competitors of Hisense Home Appliances Group Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boston Beer Company Inc
NYSE:SAM
|
$1.62 Billion |
|
Nextnav Acquisition Corp
NASDAQ:NN
|
$1.62 Billion |
|
Zuger Kantonalbank
SW:ZUGER
|
$1.62 Billion |
|
Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244
|
$1.62 Billion |
|
The GEO Group Inc
F:GEG
|
$1.62 Billion |
|
Shenzhen Honor Electronic Co Ltd
SHE:300870
|
$1.62 Billion |
|
Sugi Holdings Co.Ltd
PINK:SGIPF
|
$1.62 Billion |
|
Pylon Technologies Co. Ltd. A
SHG:688063
|
$1.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hisense Home Appliances Group Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,580,174,485 to 15,455,627,000, a change of 1,875,452,515 (13.8%).
- Net income of 3,347,882,000 contributed positively to equity growth.
- Dividend payments of 1,495,464,608 reduced retained earnings.
- Other comprehensive income decreased equity by 1,134,442,045.
- Other factors increased equity by 1,157,477,168.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.35 Billion | +21.66% |
| Dividends Paid | $1.50 Billion | -9.68% |
| Other Comprehensive Income | $-1.13 Billion | -7.34% |
| Other Changes | $1.16 Billion | +7.49% |
| Total Change | $- | 13.81% |
Book Value vs Market Value Analysis
This analysis compares Hisense Home Appliances Group Co. Ltd'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: 0.26x
- 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 1.52x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $1.91 | $2.90 | x |
| 1997-12-31 | $3.04 | $2.90 | x |
| 1998-12-31 | $3.37 | $2.90 | x |
| 1999-12-31 | $4.85 | $2.90 | x |
| 2000-12-31 | $4.17 | $2.90 | x |
| 2001-12-31 | $2.42 | $2.90 | x |
| 2002-12-31 | $2.60 | $2.90 | x |
| 2003-12-31 | $2.80 | $2.90 | x |
| 2004-12-31 | $2.61 | $2.90 | x |
| 2005-12-31 | $-1.10 | $2.90 | x |
| 2006-12-31 | $-1.06 | $2.90 | x |
| 2007-12-31 | $-0.78 | $2.90 | x |
| 2008-12-31 | $-1.00 | $2.90 | x |
| 2009-12-31 | $-0.65 | $2.90 | x |
| 2010-12-31 | $0.40 | $2.90 | x |
| 2011-12-31 | $0.59 | $2.90 | x |
| 2012-12-31 | $1.12 | $2.90 | x |
| 2013-12-31 | $2.03 | $2.90 | x |
| 2014-12-31 | $2.57 | $2.90 | x |
| 2015-12-31 | $3.00 | $2.90 | x |
| 2016-12-31 | $3.58 | $2.90 | x |
| 2017-12-31 | $4.82 | $2.90 | x |
| 2018-12-31 | $5.39 | $2.90 | x |
| 2019-12-31 | $6.40 | $2.90 | x |
| 2020-12-31 | $7.18 | $2.90 | x |
| 2021-12-31 | $7.59 | $2.90 | x |
| 2022-12-31 | $8.45 | $2.90 | x |
| 2023-12-31 | $9.96 | $2.90 | x |
| 2024-12-31 | $11.36 | $2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hisense Home Appliances Group Co. Ltd 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): 21.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.61%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 4.51x
- Recent ROE (21.66%) is above the historical average (16.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 21.86% | 15.02% | 0.97x | 1.50x | $224.96 Million |
| 1997 | 19.13% | 16.90% | 0.69x | 1.64x | $275.03 Million |
| 1998 | 17.69% | 15.49% | 0.57x | 2.00x | $256.79 Million |
| 1999 | 13.37% | 11.45% | 0.75x | 1.55x | $162.06 Million |
| 2000 | -16.41% | -17.53% | 0.56x | 1.67x | $-1.09 Billion |
| 2001 | -64.74% | -35.50% | 0.67x | 2.72x | $-1.80 Billion |
| 2002 | 3.93% | 2.08% | 0.64x | 2.97x | $-156.22 Million |
| 2003 | 6.28% | 2.83% | 0.65x | 3.41x | $-103.46 Million |
| 2004 | -9.48% | -3.10% | 0.71x | 4.30x | $-505.20 Million |
| 2005 | 0.00% | -52.93% | 1.29x | 0.00x | $-3.58 Billion |
| 2006 | 0.00% | 0.37% | 1.46x | 0.00x | $128.81 Million |
| 2007 | 0.00% | 2.84% | 2.00x | 0.00x | $327.74 Million |
| 2008 | 0.00% | -2.63% | 2.29x | 0.00x | $-127.56 Million |
| 2009 | 0.00% | 1.60% | 2.15x | 0.00x | $235.02 Million |
| 2010 | 108.14% | 3.31% | 2.21x | 14.82x | $531.15 Million |
| 2011 | 28.20% | 1.23% | 2.42x | 9.48x | $146.50 Million |
| 2012 | 47.47% | 3.79% | 2.06x | 6.08x | $566.56 Million |
| 2013 | 45.08% | 5.09% | 2.04x | 4.35x | $964.13 Million |
| 2014 | 19.44% | 2.53% | 2.00x | 3.84x | $326.64 Million |
| 2015 | 14.35% | 2.47% | 1.64x | 3.53x | $175.93 Million |
| 2016 | 22.35% | 4.07% | 1.40x | 3.91x | $600.99 Million |
| 2017 | 30.67% | 6.03% | 1.55x | 3.28x | $1.36 Billion |
| 2018 | 18.74% | 3.82% | 1.65x | 2.97x | $642.27 Million |
| 2019 | 20.57% | 4.79% | 1.10x | 3.90x | $921.51 Million |
| 2020 | 29.10% | 5.88% | 1.16x | 4.28x | $1.87 Billion |
| 2021 | 22.65% | 3.47% | 1.21x | 5.41x | $1.31 Billion |
| 2022 | 26.65% | 4.14% | 1.34x | 4.81x | $1.92 Billion |
| 2023 | 20.89% | 3.31% | 1.30x | 4.86x | $1.48 Billion |
| 2024 | 21.66% | 3.61% | 1.33x | 4.51x | $1.80 Billion |
Industry Comparison
This section compares Hisense Home Appliances Group Co. Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hisense Home Appliances Group Co. Ltd (HISEF) | $19.52 Billion | 21.86% | 2.83x | $1.62 Billion |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |