Hainan Haiyao Co Ltd (000566) - Net Assets

Latest as of September 2025: CN¥322.36 Million CNY ≈ $47.17 Million USD

Based on the latest financial reports, Hainan Haiyao Co Ltd (000566) has net assets worth CN¥322.36 Million CNY (≈ $47.17 Million USD) 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 ≈ $847.27 Million USD) and total liabilities (CN¥5.47 Billion ≈ $800.10 Million USD). 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. Check Hainan Haiyao Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Hainan Haiyao Co Ltd (000566) market capitalisation.

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. Also explore 000566 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	CN¥590.38 Million ≈ $86.39 Million	-73.17%
2023-12-31	CN¥2.20 Billion ≈ $321.98 Million	-5.85%
2022-12-31	CN¥2.34 Billion ≈ $342.00 Million	-2.00%
2021-12-31	CN¥2.38 Billion ≈ $348.97 Million	-39.95%
2020-12-31	CN¥3.97 Billion ≈ $581.17 Million	-14.23%
2019-12-31	CN¥4.63 Billion ≈ $677.61 Million	-4.04%
2018-12-31	CN¥4.83 Billion ≈ $706.11 Million	-4.96%
2017-12-31	CN¥5.08 Billion ≈ $742.95 Million	-9.82%
2016-12-31	CN¥5.63 Billion ≈ $823.86 Million	+121.95%
2015-12-31	CN¥2.54 Billion ≈ $371.18 Million	+46.75%
2014-12-31	CN¥1.73 Billion ≈ $252.93 Million	+8.73%
2013-12-31	CN¥1.59 Billion ≈ $232.61 Million	+6.72%
2012-12-31	CN¥1.49 Billion ≈ $217.98 Million	+11.81%
2011-12-31	CN¥1.33 Billion ≈ $194.95 Million	+170.88%
2010-12-31	CN¥491.82 Million ≈ $71.97 Million	+10.45%
2009-12-31	CN¥445.29 Million ≈ $65.16 Million	+8.67%
2008-12-31	CN¥409.76 Million ≈ $59.96 Million	+15.76%
2007-12-31	CN¥353.98 Million ≈ $51.80 Million	+11.53%
2006-12-31	CN¥317.39 Million ≈ $46.44 Million	+8.34%
2005-12-31	CN¥292.94 Million ≈ $42.87 Million	+10.39%
2004-12-31	CN¥265.38 Million ≈ $38.83 Million	+3702.51%
2003-12-31	CN¥6.98 Million ≈ $1.02 Million	+105.15%
2002-12-31	CN¥-135.56 Million ≈ $-19.84 Million	+45.65%
2001-12-31	CN¥-249.44 Million ≈ $-36.50 Million	-219.55%
2000-12-31	CN¥208.64 Million ≈ $30.53 Million	-3.01%
1999-12-31	CN¥215.12 Million ≈ $31.48 Million	-26.99%
1998-12-31	CN¥294.63 Million ≈ $43.11 Million	-23.31%
1997-12-31	CN¥384.18 Million ≈ $56.22 Million	-23.64%
1996-12-31	CN¥503.11 Million ≈ $73.62 Million	+6.66%
1995-12-31	CN¥471.68 Million ≈ $69.02 Million	+1.36%
1994-12-31	CN¥465.35 Million ≈ $68.10 Million	+68.87%
1993-12-31	CN¥275.57 Million ≈ $40.32 Million	+43.90%
1992-12-31	CN¥191.50 Million ≈ $28.02 Million	+494.18%
1991-12-31	CN¥32.23 Million ≈ $4.72 Million	+136.93%
1990-12-31	CN¥13.60 Million ≈ $1.99 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
Zhenjiang Dongfang Electric Heat SHE:300217	$875.91 Million
MAHLE Metal Leve S.A SA:LEVE3	$876.31 Million
Sun Country Airlines Holdings Inc NASDAQ:SNCY	$876.36 Million
United Renewable Energy Co Ltd TW:3576	$876.39 Million
Cimsa Cimento Sanayi ve Ticaret AS IS:CIMSA	$875.11 Million
Suqian Unitech Corp. Ltd. Cl A SHG:603065	$874.87 Million
CH. Karnchang Public Company Limited BK:CK-R	$874.67 Million
Shanghai Hajime Advanced Material Technology Co. Ltd. SHE:301000	$874.47 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: 11.39x
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 274.23x to 11.39x 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¥4.61	x
1991-12-31	CN¥0.04	CN¥4.61	x
1992-12-31	CN¥0.24	CN¥4.61	x
1993-12-31	CN¥0.34	CN¥4.61	x
1994-12-31	CN¥0.58	CN¥4.61	x
1995-12-31	CN¥0.58	CN¥4.61	x
1996-12-31	CN¥0.62	CN¥4.61	x
1997-12-31	CN¥0.47	CN¥4.61	x
1998-12-31	CN¥0.26	CN¥4.61	x
1999-12-31	CN¥0.27	CN¥4.61	x
2000-12-31	CN¥0.02	CN¥4.61	x
2001-12-31	CN¥-0.31	CN¥4.61	x
2002-12-31	CN¥-0.13	CN¥4.61	x
2003-12-31	CN¥0.01	CN¥4.61	x
2004-12-31	CN¥0.23	CN¥4.61	x
2005-12-31	CN¥0.26	CN¥4.61	x
2006-12-31	CN¥0.30	CN¥4.61	x
2007-12-31	CN¥0.29	CN¥4.61	x
2008-12-31	CN¥0.40	CN¥4.61	x
2009-12-31	CN¥0.44	CN¥4.61	x
2010-12-31	CN¥0.42	CN¥4.61	x
2011-12-31	CN¥1.44	CN¥4.61	x
2012-12-31	CN¥1.45	CN¥4.61	x
2013-12-31	CN¥1.50	CN¥4.61	x
2014-12-31	CN¥1.65	CN¥4.61	x
2015-12-31	CN¥2.11	CN¥4.61	x
2016-12-31	CN¥4.62	CN¥4.61	x
2017-12-31	CN¥3.36	CN¥4.61	x
2018-12-31	CN¥3.47	CN¥4.61	x
2019-12-31	CN¥3.36	CN¥4.61	x
2020-12-31	CN¥2.86	CN¥4.61	x
2021-12-31	CN¥1.66	CN¥4.61	x
2022-12-31	CN¥1.67	CN¥4.61	x
2023-12-31	CN¥1.59	CN¥4.61	x
2024-12-31	CN¥0.40	CN¥4.61	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: $8,761,342,247
Average return on equity (ROE) among peers: 11.57%

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	$875.19 Million
Shenzhen Neptunus Bioengineering Co Ltd (000078)	$2.14 Billion	22.15%	4.96x	$585.22 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153)	$1.15 Billion	3.98%	1.16x	$407.31 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423)	$897.61 Million	10.79%	0.14x	$4.27 Billion
Livzon Pharmaceutical Group Inc (000513)	$14.94 Billion	12.78%	0.66x	$2.26 Billion
Wedge Industrial Co Ltd (000534)	$552.92 Million	0.39%	0.01x	$1.78 Billion
Yunnan Baiyao Group Co Ltd (000538)	$38.10 Billion	10.98%	0.30x	$13.33 Billion
Tus Pharmaceutical Group Co Ltd (000590)	$141.91 Million	11.01%	0.32x	$311.17 Million
Northeast Pharmaceutical Group Co Ltd (000597)	$2.05 Billion	23.18%	1.96x	$973.03 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623)	$18.87 Billion	8.83%	0.08x	$3.07 Billion

About Hainan Haiyao Co Ltd

SHE:000566 China Drug Manufacturers - Specialty & Generic

Market Cap

$875.19 Million

CN¥5.98 Billion CNY

Market Cap Rank

#9562 Global

#2443 in China

Share Price

CN¥4.61

Change (1 day)

+0.44%

52-Week Range

CN¥3.71 - CN¥8.76

All Time High

CN¥24.36