Hainan Haiyao Co Ltd
Hainan Haiyao Co., Ltd. manufactures and sells pharmaceutical products and medical devices in China and internationally. The company offers intermediates, active pharmaceutical ingredients (APIs), innovative chemical drugs, modern traditional Chinese medicine, biopharmaceuticals, cell immunotherapy, and medical devices, as well as big health category products, digestive and anti-infective product… Read more
Hainan Haiyao Co Ltd (000566) - Net Assets
Latest net assets as of September 2025: CN¥322.36 Million CNY
Based on the latest financial reports, Hainan Haiyao Co Ltd (000566) has net assets worth CN¥322.36 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.79 Billion) and total liabilities (CN¥5.47 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 | CN¥322.36 Million |
| % of Total Assets | 5.57% |
| Annual Growth Rate | 11.73% |
| 5-Year Change | -85.14% |
| 10-Year Change | -76.73% |
| Growth Volatility | 648.75 |
Hainan Haiyao Co Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Hainan Haiyao 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 Hainan Haiyao Co Ltd (1990–2024)
The table below shows the annual net assets of Hainan Haiyao Co Ltd from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥590.38 Million | -73.17% |
| 2023-12-31 | CN¥2.20 Billion | -5.85% |
| 2022-12-31 | CN¥2.34 Billion | -2.00% |
| 2021-12-31 | CN¥2.38 Billion | -39.95% |
| 2020-12-31 | CN¥3.97 Billion | -14.23% |
| 2019-12-31 | CN¥4.63 Billion | -4.04% |
| 2018-12-31 | CN¥4.83 Billion | -4.96% |
| 2017-12-31 | CN¥5.08 Billion | -9.82% |
| 2016-12-31 | CN¥5.63 Billion | +121.95% |
| 2015-12-31 | CN¥2.54 Billion | +46.75% |
| 2014-12-31 | CN¥1.73 Billion | +8.73% |
| 2013-12-31 | CN¥1.59 Billion | +6.72% |
| 2012-12-31 | CN¥1.49 Billion | +11.81% |
| 2011-12-31 | CN¥1.33 Billion | +170.88% |
| 2010-12-31 | CN¥491.82 Million | +10.45% |
| 2009-12-31 | CN¥445.29 Million | +8.67% |
| 2008-12-31 | CN¥409.76 Million | +15.76% |
| 2007-12-31 | CN¥353.98 Million | +11.53% |
| 2006-12-31 | CN¥317.39 Million | +8.34% |
| 2005-12-31 | CN¥292.94 Million | +10.39% |
| 2004-12-31 | CN¥265.38 Million | +3702.51% |
| 2003-12-31 | CN¥6.98 Million | +105.15% |
| 2002-12-31 | CN¥-135.56 Million | +45.65% |
| 2001-12-31 | CN¥-249.44 Million | -219.55% |
| 2000-12-31 | CN¥208.64 Million | -3.01% |
| 1999-12-31 | CN¥215.12 Million | -26.99% |
| 1998-12-31 | CN¥294.63 Million | -23.31% |
| 1997-12-31 | CN¥384.18 Million | -23.64% |
| 1996-12-31 | CN¥503.11 Million | +6.66% |
| 1995-12-31 | CN¥471.68 Million | +1.36% |
| 1994-12-31 | CN¥465.35 Million | +68.87% |
| 1993-12-31 | CN¥275.57 Million | +43.90% |
| 1992-12-31 | CN¥191.50 Million | +494.18% |
| 1991-12-31 | CN¥32.23 Million | +136.93% |
| 1990-12-31 | CN¥13.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan Haiyao 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 decreased by 362912600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.30 Billion | 246.98% |
| Other Comprehensive Income | CN¥217.88 Million | 41.48% |
| Other Components | CN¥2.64 Billion | 502.42% |
| Total Equity | CN¥525.29 Million | 100.00% |
Hainan Haiyao Co Ltd Competitors by Market Cap
The table below lists competitors of Hainan Haiyao Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grand City Properties S.A
PINK:GRNNF
|
$702.33 Million |
|
Hosiden Corporation
F:HOD
|
$702.46 Million |
|
Fujian Guanfu Modern Household Wares Co Ltd
SHE:002102
|
$702.75 Million |
|
Man Wah Holdings Limited
F:AAM
|
$703.07 Million |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
$701.78 Million |
|
Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991
|
$701.67 Million |
|
Santacruz Silv
V:SCZ
|
$701.67 Million |
|
Revenio Group Oyj
OTCGREY:REVXF
|
$701.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan Haiyao Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,062,448,000 to 525,287,000, a change of -1,537,161,000 (-74.5%).
- Net loss of 1,525,200,915 reduced equity.
- Dividend payments of 113,548,588 reduced retained earnings.
- Other comprehensive income decreased equity by 11,960,742.
- Other factors increased equity by 113,549,245.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.53 Billion | -290.36% |
| Dividends Paid | CN¥113.55 Million | -21.62% |
| Other Comprehensive Income | CN¥-11.96 Million | -2.28% |
| Other Changes | CN¥113.55 Million | +21.62% |
| Total Change | CN¥- | -74.53% |
Book Value vs Market Value Analysis
This analysis compares Hainan Haiyao 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: 13.66x
- 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 decreased from 328.95x to 13.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | CN¥0.02 | CN¥5.53 | x |
| 1991-12-31 | CN¥0.04 | CN¥5.53 | x |
| 1992-12-31 | CN¥0.24 | CN¥5.53 | x |
| 1993-12-31 | CN¥0.34 | CN¥5.53 | x |
| 1994-12-31 | CN¥0.58 | CN¥5.53 | x |
| 1995-12-31 | CN¥0.58 | CN¥5.53 | x |
| 1996-12-31 | CN¥0.62 | CN¥5.53 | x |
| 1997-12-31 | CN¥0.47 | CN¥5.53 | x |
| 1998-12-31 | CN¥0.26 | CN¥5.53 | x |
| 1999-12-31 | CN¥0.27 | CN¥5.53 | x |
| 2000-12-31 | CN¥0.02 | CN¥5.53 | x |
| 2001-12-31 | CN¥-0.31 | CN¥5.53 | x |
| 2002-12-31 | CN¥-0.13 | CN¥5.53 | x |
| 2003-12-31 | CN¥0.01 | CN¥5.53 | x |
| 2004-12-31 | CN¥0.23 | CN¥5.53 | x |
| 2005-12-31 | CN¥0.26 | CN¥5.53 | x |
| 2006-12-31 | CN¥0.30 | CN¥5.53 | x |
| 2007-12-31 | CN¥0.29 | CN¥5.53 | x |
| 2008-12-31 | CN¥0.40 | CN¥5.53 | x |
| 2009-12-31 | CN¥0.44 | CN¥5.53 | x |
| 2010-12-31 | CN¥0.42 | CN¥5.53 | x |
| 2011-12-31 | CN¥1.44 | CN¥5.53 | x |
| 2012-12-31 | CN¥1.45 | CN¥5.53 | x |
| 2013-12-31 | CN¥1.50 | CN¥5.53 | x |
| 2014-12-31 | CN¥1.65 | CN¥5.53 | x |
| 2015-12-31 | CN¥2.11 | CN¥5.53 | x |
| 2016-12-31 | CN¥4.62 | CN¥5.53 | x |
| 2017-12-31 | CN¥3.36 | CN¥5.53 | x |
| 2018-12-31 | CN¥3.47 | CN¥5.53 | x |
| 2019-12-31 | CN¥3.36 | CN¥5.53 | x |
| 2020-12-31 | CN¥2.86 | CN¥5.53 | x |
| 2021-12-31 | CN¥1.66 | CN¥5.53 | x |
| 2022-12-31 | CN¥1.67 | CN¥5.53 | x |
| 2023-12-31 | CN¥1.59 | CN¥5.53 | x |
| 2024-12-31 | CN¥0.40 | CN¥5.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan Haiyao 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): -290.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -153.95%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 11.64x
- Recent ROE (-290.36%) is below the historical average (-10.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 28.64% | 10.24% | 0.62x | 4.53x | CN¥2.54 Million |
| 1991 | 19.79% | 9.11% | 0.51x | 4.24x | CN¥3.16 Million |
| 1992 | 5.16% | 10.24% | 0.34x | 1.49x | CN¥-9.27 Million |
| 1993 | 17.36% | 17.09% | 0.48x | 2.13x | CN¥20.19 Million |
| 1994 | 13.72% | 36.02% | 0.22x | 1.69x | CN¥17.29 Million |
| 1995 | 7.92% | 28.31% | 0.16x | 1.79x | CN¥-9.82 Million |
| 1996 | 3.34% | 9.66% | 0.18x | 1.89x | CN¥-33.53 Million |
| 1997 | -22.43% | -134.45% | 0.07x | 2.41x | CN¥-124.59 Million |
| 1998 | -44.95% | -77.91% | 0.12x | 4.64x | CN¥-115.27 Million |
| 1999 | -9.43% | -14.94% | 0.15x | 4.25x | CN¥-41.81 Million |
| 2000 | -413.55% | -35.39% | 0.20x | 58.97x | CN¥-63.60 Million |
| 2001 | 0.00% | -135.05% | 0.48x | 0.00x | CN¥-236.16 Million |
| 2002 | 0.00% | 5.81% | 0.51x | 0.00x | CN¥21.48 Million |
| 2003 | 315.88% | 9.15% | 0.72x | 47.68x | CN¥21.35 Million |
| 2004 | 13.67% | 11.08% | 0.46x | 2.70x | CN¥6.71 Million |
| 2005 | 10.44% | 10.34% | 0.42x | 2.43x | CN¥926.04K |
| 2006 | 10.05% | 11.28% | 0.39x | 2.27x | CN¥126.18K |
| 2007 | -12.99% | -14.03% | 0.38x | 2.43x | CN¥-60.01 Million |
| 2008 | 13.26% | 11.72% | 0.53x | 2.15x | CN¥11.15 Million |
| 2009 | 16.78% | 12.68% | 0.61x | 2.16x | CN¥26.50 Million |
| 2010 | 7.67% | 5.38% | 0.57x | 2.51x | CN¥-10.04 Million |
| 2011 | 7.99% | 14.56% | 0.36x | 1.54x | CN¥-26.36 Million |
| 2012 | 5.54% | 8.13% | 0.34x | 1.98x | CN¥-62.30 Million |
| 2013 | 6.32% | 9.21% | 0.29x | 2.34x | CN¥-54.63 Million |
| 2014 | 10.01% | 12.12% | 0.37x | 2.26x | CN¥187.25K |
| 2015 | 8.51% | 11.88% | 0.34x | 2.13x | CN¥-34.13 Million |
| 2016 | 3.03% | 10.91% | 0.16x | 1.77x | CN¥-378.24 Million |
| 2017 | 1.78% | 4.75% | 0.17x | 2.17x | CN¥-398.77 Million |
| 2018 | 2.59% | 4.84% | 0.24x | 2.24x | CN¥-341.27 Million |
| 2019 | -3.57% | -6.51% | 0.23x | 2.42x | CN¥-604.98 Million |
| 2020 | -15.66% | -26.37% | 0.21x | 2.77x | CN¥-950.82 Million |
| 2021 | -72.37% | -75.54% | 0.25x | 3.89x | CN¥-1.77 Billion |
| 2022 | 0.49% | 0.59% | 0.24x | 3.40x | CN¥-205.97 Million |
| 2023 | -5.16% | -7.20% | 0.20x | 3.57x | CN¥-312.73 Million |
| 2024 | -290.36% | -153.95% | 0.16x | 11.64x | CN¥-1.58 Billion |
Industry Comparison
This section compares Hainan Haiyao Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $2,320,658,603
- Average return on equity (ROE) among peers: 0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan Haiyao Co Ltd (000566) | CN¥322.36 Million | 28.64% | 16.96x | $702.18 Million |
| Shenzhen Neptunus Bioengineering Co Ltd (000078) | $6.47 Billion | 9.88% | 3.77x | $616.08 Million |
| Anhui Fengyuan Pharmaceutical Co Ltd (000153) | $1.18 Billion | 2.74% | 0.95x | $320.56 Million |
| Shan Dong Dong-E E-Jiao Co Ltd (000423) | $10.33 Billion | 15.07% | 0.27x | $3.03 Billion |
| Wedge Industrial Co Ltd (000534) | $298.72 Million | 1.96% | 0.38x | $1.77 Billion |
| Yunnan Baiyao Group Co Ltd (000538) | $35.11 Million | 18.13% | 0.80x | $5.62 Billion |
| Tus Pharmaceutical Group Co Ltd (000590) | $269.51 Million | -61.02% | 1.05x | $317.08 Million |
| Northeast Pharmaceutical Group Co Ltd (000597) | $927.49 Million | 2.65% | 1.38x | $425.60 Million |
| Jilin Aodong Pharmaceutical Group Co Ltd (000623) | $1.11 Billion | 7.32% | 0.29x | $2.05 Billion |
| Renhe Pharmacy Co Ltd (000650) | $261.49 Million | 10.60% | 0.82x | $777.45 Million |