China High Precision Automation Group Limited
China High Precision Automation Group Limited, an investment holding company, manufactures and sells high precision industrial automation instrument and technology products in the People's Republic of China and internationally. It operates through two segments, Automation Instrument and Technology Products, and Horological Instruments. The company is involved in the manufacturing and selling of i… Read more
China High Precision Automation Group Limited (HPAGF) - Net Assets
Latest net assets as of December 2024: $1.71 Billion USD
Based on the latest financial reports, China High Precision Automation Group Limited (HPAGF) has net assets worth $1.71 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 ($1.80 Billion) and total liabilities ($95.32 Million). 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 | $1.71 Billion |
| % of Total Assets | 94.71% |
| Annual Growth Rate | -2.25% |
| 5-Year Change | -6.47% |
| 10-Year Change | N/A |
| Growth Volatility | 1.2 |
China High Precision Automation Group Limited - Net Assets Trend (2019–2024)
This chart illustrates how China High Precision Automation 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 China High Precision Automation Group Limited (2019–2024)
The table below shows the annual net assets of China High Precision Automation Group Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $1.69 Billion | -1.74% |
| 2023-06-30 | $1.72 Billion | -1.12% |
| 2022-06-30 | $1.74 Billion | -1.97% |
| 2021-06-30 | $1.77 Billion | -1.81% |
| 2020-06-30 | $1.81 Billion | -4.57% |
| 2019-06-30 | $1.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China High Precision Automation 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 29.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $488.75 Million | 28.91% |
| Other Components | $1.20 Billion | 71.09% |
| Total Equity | $1.69 Billion | 100.00% |
China High Precision Automation Group Limited Competitors by Market Cap
The table below lists competitors of China High Precision Automation Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KENERGY
KLSE:0307
|
$13.10 Million |
|
ML System S.A.
WAR:MLS
|
$13.11 Million |
|
Dayou A-Tech
KO:002880
|
$13.11 Million |
|
Kinovo plc
PINK:BILBF
|
$13.11 Million |
|
Shin Poong Pap
KO:002870
|
$13.09 Million |
|
Jentayu Sustainables Bhd
KLSE:5673
|
$13.09 Million |
|
Nanalysis Scientific Corp
OTCQX:NSCIF
|
$13.09 Million |
|
Sanifoam Sunger Sanayi ve Ticaret AS
IS:SANFM
|
$13.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China High Precision Automation Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,720,592,000 to 1,690,688,000, a change of -29,904,000 (-1.7%).
- Net loss of 32,735,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-32.73 Million | -1.94% |
| Other Changes | $2.83 Million | +0.17% |
| Total Change | $- | -1.74% |
Book Value vs Market Value Analysis
This analysis compares China High Precision Automation 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: 0.01x
- 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 |
|---|---|---|---|
| 2019-06-30 | $1.83 | $0.02 | x |
| 2020-06-30 | $1.74 | $0.02 | x |
| 2021-06-30 | $1.71 | $0.02 | x |
| 2022-06-30 | $1.68 | $0.02 | x |
| 2023-06-30 | $1.66 | $0.02 | x |
| 2024-06-30 | $1.63 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China High Precision Automation 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): -1.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.52%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.05x
- Recent ROE (-1.94%) is above the historical average (-2.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -2.51% | -35.91% | 0.07x | 1.04x | $-236.92 Million |
| 2020 | -4.86% | -88.64% | 0.05x | 1.04x | $-268.71 Million |
| 2021 | -1.46% | -20.22% | 0.07x | 1.05x | $-203.39 Million |
| 2022 | -2.06% | -25.94% | 0.08x | 1.05x | $-209.88 Million |
| 2023 | -1.32% | -16.03% | 0.08x | 1.05x | $-194.75 Million |
| 2024 | -1.94% | -23.52% | 0.08x | 1.05x | $-201.80 Million |
Industry Comparison
This section compares China High Precision Automation Group Limited's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China High Precision Automation Group Limited (HPAGF) | $1.71 Billion | -2.51% | 0.06x | $13.09 Million |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |