Hilong Holding Limited
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
Hilong Holding Limited (HLONF) - Net Assets
Latest net assets as of December 2024: $3.26 Billion USD
Based on the latest financial reports, Hilong Holding Limited (HLONF) has net assets worth $3.26 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) and total liabilities ($4.82 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 | $3.26 Billion |
| % of Total Assets | 40.35% |
| Annual Growth Rate | -2.54% |
| 5-Year Change | 4.52% |
| 10-Year Change | N/A |
| Growth Volatility | 8.3 |
Hilong Holding Limited - Net Assets Trend (2019–2024)
This chart illustrates how Hilong Holding 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 Hilong Holding Limited (2019–2024)
The table below shows the annual net assets of Hilong Holding Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.26 Billion | -2.10% |
| 2023-12-31 | $3.33 Billion | -0.77% |
| 2022-12-31 | $3.35 Billion | +10.26% |
| 2021-12-31 | $3.04 Billion | -2.42% |
| 2020-12-31 | $3.12 Billion | -15.87% |
| 2019-12-31 | $3.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hilong Holding 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 1.9% 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 Limited Competitors by Market Cap
The table below lists competitors of Hilong Holding Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goldman Sachs BDC Inc
NYSE:GSBD
|
$85.16K |
|
Bytes Technology Ltd
LSE:BYIT
|
$85.35K |
|
Homebiogas Ltd
TA:HMGS
|
$85.39K |
|
Chesnara
LSE:CSN
|
$85.41K |
|
Renewi PLC
LSE:RWI
|
$85.13K |
|
Scandion Oncology A/S
ST:SCOL
|
$85.13K |
|
MRWNS
OTCGREY:MRWNS
|
$85.04K |
|
Icon Energy Limited
PINK:ICNOF
|
$85.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hilong Holding Limited'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 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: 0.00x
- 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 |
|---|---|---|---|
| 2019-12-31 | $2.16 | $0.00 | x |
| 2020-12-31 | $1.81 | $0.00 | x |
| 2021-12-31 | $1.78 | $0.00 | x |
| 2022-12-31 | $1.96 | $0.00 | x |
| 2023-12-31 | $1.97 | $0.00 | x |
| 2024-12-31 | $1.92 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hilong Holding 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): 0.87%
- 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 above the historical average (0.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 4.83% | 4.84% | 0.43x | 2.33x | $-189.48 Million |
| 2020 | -9.72% | -11.39% | 0.36x | 2.40x | $-606.25 Million |
| 2021 | 1.47% | 1.52% | 0.41x | 2.35x | $-257.30 Million |
| 2022 | 3.18% | 3.44% | 0.39x | 2.35x | $-226.70 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 Limited'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: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hilong Holding Limited (HLONF) | $3.26 Billion | 4.83% | 1.48x | $85.15K |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |