HKBN Ltd
HKBN Ltd., an investment holding company, provides fixed telecommunications network, international telecommunications, and mobile services to residential and enterprise customers in Hong Kong, Mainland China, and Macao. The company offers fibre broadband, data connectivity, cloud and data center, managed Wi-Fi with home network security and parental control, hybrid work and business continuity, s… Read more
HKBN Ltd (HKBNY) - Net Assets
Latest net assets as of August 2025: $2.29 Billion USD
Based on the latest financial reports, HKBN Ltd (HKBNY) has net assets worth $2.29 Billion USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.25 Billion) and total liabilities ($14.97 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 | $2.29 Billion |
| % of Total Assets | 13.25% |
| Annual Growth Rate | 3.05% |
| 5-Year Change | -58.72% |
| 10-Year Change | 50.96% |
| Growth Volatility | 172.96 |
HKBN Ltd - Net Assets Trend (2014–2025)
This chart illustrates how HKBN 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 HKBN Ltd (2014–2025)
The table below shows the annual net assets of HKBN Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $2.29 Billion | -10.51% |
| 2024-08-31 | $2.55 Billion | -16.28% |
| 2023-08-31 | $3.05 Billion | -38.04% |
| 2022-08-31 | $4.92 Billion | -11.08% |
| 2021-08-31 | $5.54 Billion | -14.28% |
| 2020-08-31 | $6.46 Billion | -13.36% |
| 2019-08-31 | $7.46 Billion | +560.52% |
| 2017-08-31 | $1.13 Billion | -17.20% |
| 2016-08-31 | $1.36 Billion | -9.96% |
| 2015-08-31 | $1.51 Billion | -7.83% |
| 2014-08-31 | $1.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HKBN 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 decreased by 56063400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.96 Billion | 129.63% |
| Total Equity | $2.29 Billion | 100.00% |
HKBN Ltd Competitors by Market Cap
The table below lists competitors of HKBN Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.48 Billion |
|
Eurocommercial Properties N.V.
AS:ECMPA
|
$1.48 Billion |
|
Anhui XDLK Microsystem Corp. Ltd. A
SHG:688582
|
$1.48 Billion |
|
Jiugui Liquor Co Ltd
SHE:000799
|
$1.48 Billion |
|
Porto Seguro S.A
SA:PSSA3
|
$1.48 Billion |
|
H. Lundbeck A/S
PINK:HLBBF
|
$1.48 Billion |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
$1.48 Billion |
|
X Trade Brokers Dom Maklerski SA
WAR:XTB
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HKBN Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,554,264,000 to 2,285,751,000, a change of -268,513,000 (-10.5%).
- Net income of 206,864,000 contributed positively to equity growth.
- Dividend payments of 473,255,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $206.86 Million | +9.05% |
| Dividends Paid | $473.25 Million | -20.7% |
| Other Changes | $-2.12 Million | -0.09% |
| Total Change | $- | -10.51% |
Book Value vs Market Value Analysis
This analysis compares HKBN 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: 4.46x
- 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 1.21x to 4.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-08-31 | $5.69 | $6.89 | x |
| 2020-08-31 | $4.93 | $6.89 | x |
| 2021-08-31 | $4.22 | $6.89 | x |
| 2022-08-31 | $3.75 | $6.89 | x |
| 2023-08-31 | $2.33 | $6.89 | x |
| 2024-08-31 | $1.95 | $6.89 | x |
| 2025-08-31 | $1.55 | $6.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HKBN 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): 9.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.86%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 7.55x
- Recent ROE (9.05%) is above the historical average (2.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.26% | 2.51% | 0.37x | 3.48x | $-110.73 Million |
| 2015 | 6.89% | 4.45% | 0.42x | 3.67x | $-47.15 Million |
| 2016 | 17.95% | 8.79% | 0.42x | 4.84x | $108.34 Million |
| 2017 | 15.16% | 5.29% | 0.49x | 5.83x | $58.22 Million |
| 2019 | 2.88% | 4.20% | 0.25x | 2.73x | $-531.13 Million |
| 2020 | 1.50% | 1.03% | 0.43x | 3.42x | $-548.88 Million |
| 2021 | 3.74% | 1.80% | 0.53x | 3.93x | $-346.90 Million |
| 2022 | 11.24% | 4.76% | 0.57x | 4.15x | $60.91 Million |
| 2023 | -41.54% | -10.84% | 0.64x | 5.95x | $-1.57 Billion |
| 2024 | 0.40% | 0.10% | 0.60x | 6.92x | $-245.15 Million |
| 2025 | 9.05% | 1.86% | 0.65x | 7.55x | $-21.71 Million |
Industry Comparison
This section compares HKBN Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,400,809,556
- Average return on equity (ROE) among peers: -3515.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HKBN Ltd (HKBNY) | $2.29 Billion | 3.26% | 6.55x | $1.48 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $4.08 Billion | 3.68% | 0.78x | $745.07 Million |
| Alvarion Ltd (ALVRQ) | $220.55 Million | 5.69% | 0.42x | $0.93 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $436.69 Billion | 5.24% | 3.14x | $12.75 Billion |
| Alpha One Inc (AOAO) | $71.34 | -458.09% | 4.03x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $161.29K | -72.74% | 2.36x | $211.67 |
| Vapor Hub International Inc. (ASHI) | $-4.79 Million | 0.00% | 0.00x | $5.26K |
| Anterix Inc (ATEX) | $245.07 Million | -15.36% | 0.09x | $464.45 Million |