HBIS Co Ltd
Hbis Company Limited produces and sells steel products in China and internationally. The company's products include hot and cold rolled coils, pickling coils, galvanized color coated coils, medium and wide plates, bars, wires, steel profiles, and steel strips. Hbis Company Limited was founded in 1994 and is based in Shijiazhuang, China.
HBIS Co Ltd (000709) - Net Assets
Latest net assets as of September 2025: CN¥60.89 Billion CNY
Based on the latest financial reports, HBIS Co Ltd (000709) has net assets worth CN¥60.89 Billion 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¥271.74 Billion) and total liabilities (CN¥210.85 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¥60.89 Billion |
| % of Total Assets | 22.41% |
| Annual Growth Rate | 12.74% |
| 5-Year Change | 11.84% |
| 10-Year Change | 48.22% |
| Growth Volatility | 26.43 |
HBIS Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how HBIS 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 HBIS Co Ltd (1993–2024)
The table below shows the annual net assets of HBIS Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥67.58 Billion | +0.87% |
| 2023-12-31 | CN¥67.00 Billion | +0.82% |
| 2022-12-31 | CN¥66.46 Billion | +9.14% |
| 2021-12-31 | CN¥60.89 Billion | +0.77% |
| 2020-12-31 | CN¥60.43 Billion | +2.71% |
| 2019-12-31 | CN¥58.84 Billion | -0.20% |
| 2018-12-31 | CN¥58.95 Billion | +23.69% |
| 2017-12-31 | CN¥47.66 Billion | +2.21% |
| 2016-12-31 | CN¥46.63 Billion | +2.27% |
| 2015-12-31 | CN¥45.60 Billion | +0.77% |
| 2014-12-31 | CN¥45.25 Billion | +1.02% |
| 2013-12-31 | CN¥44.79 Billion | +0.49% |
| 2012-12-31 | CN¥44.57 Billion | -0.46% |
| 2011-12-31 | CN¥44.78 Billion | +44.55% |
| 2010-12-31 | CN¥30.98 Billion | +2.97% |
| 2009-12-31 | CN¥30.08 Billion | +131.00% |
| 2008-12-31 | CN¥13.02 Billion | +8.60% |
| 2007-12-31 | CN¥11.99 Billion | +25.82% |
| 2006-12-31 | CN¥9.53 Billion | +7.85% |
| 2005-12-31 | CN¥8.84 Billion | +6.77% |
| 2004-12-31 | CN¥8.28 Billion | +8.43% |
| 2003-12-31 | CN¥7.63 Billion | +13.17% |
| 2002-12-31 | CN¥6.74 Billion | +19.31% |
| 2001-12-31 | CN¥5.65 Billion | +5.56% |
| 2000-12-31 | CN¥5.36 Billion | +3.36% |
| 1999-12-31 | CN¥5.18 Billion | +11.55% |
| 1998-12-31 | CN¥4.65 Billion | +0.86% |
| 1997-12-31 | CN¥4.61 Billion | +37.93% |
| 1996-12-31 | CN¥3.34 Billion | +15.27% |
| 1995-12-31 | CN¥2.90 Billion | +1.75% |
| 1994-12-31 | CN¥2.85 Billion | +73.60% |
| 1993-12-31 | CN¥1.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HBIS 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 grown by 1579110100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.79 Billion | 27.12% |
| Common Stock | CN¥10.34 Billion | 17.75% |
| Other Components | CN¥32.10 Billion | 55.13% |
| Total Equity | CN¥58.23 Billion | 100.00% |
HBIS Co Ltd Competitors by Market Cap
The table below lists competitors of HBIS Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Playa Hotels & Resorts BV
NASDAQ:PLYA
|
$1.27 Billion |
|
Shenzhen Dynanonic Co Ltd
SHE:300769
|
$1.27 Billion |
|
Ora Banda Mining Ltd
AU:OBM
|
$1.27 Billion |
|
Mezzion Pharma Co.Ltd
KQ:140410
|
$1.27 Billion |
|
Sylvamo Corp
NYSE:SLVM
|
$1.27 Billion |
|
Zuora Inc
NYSE:ZUO
|
$1.27 Billion |
|
Sitio Royalties Corp.
NYSE:STR
|
$1.27 Billion |
|
Pharming Group NV
NASDAQ:PHAR
|
$1.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HBIS Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,914,123,242 to 58,227,967,000, a change of 313,843,758 (0.5%).
- Net income of 707,431,994 contributed positively to equity growth.
- Dividend payments of 6,556,932,000 reduced retained earnings.
- Other factors increased equity by 6,163,343,764.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥707.43 Million | +1.21% |
| Dividends Paid | CN¥6.56 Billion | -11.26% |
| Other Changes | CN¥6.16 Billion | +10.58% |
| Total Change | CN¥- | 0.54% |
Book Value vs Market Value Analysis
This analysis compares HBIS 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: 0.67x
- 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.
- The price-to-book ratio has decreased from 3.28x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.78 | CN¥2.55 | x |
| 1995-12-31 | CN¥0.79 | CN¥2.55 | x |
| 1996-12-31 | CN¥0.91 | CN¥2.55 | x |
| 1997-12-31 | CN¥1.26 | CN¥2.55 | x |
| 1998-12-31 | CN¥1.27 | CN¥2.55 | x |
| 1999-12-31 | CN¥1.42 | CN¥2.55 | x |
| 2000-12-31 | CN¥1.46 | CN¥2.55 | x |
| 2001-12-31 | CN¥1.55 | CN¥2.55 | x |
| 2002-12-31 | CN¥1.84 | CN¥2.55 | x |
| 2003-12-31 | CN¥2.09 | CN¥2.55 | x |
| 2004-12-31 | CN¥2.26 | CN¥2.55 | x |
| 2005-12-31 | CN¥2.30 | CN¥2.55 | x |
| 2006-12-31 | CN¥2.51 | CN¥2.55 | x |
| 2007-12-31 | CN¥3.06 | CN¥2.55 | x |
| 2008-12-31 | CN¥1.71 | CN¥2.55 | x |
| 2009-12-31 | CN¥4.24 | CN¥2.55 | x |
| 2010-12-31 | CN¥2.72 | CN¥2.55 | x |
| 2011-12-31 | CN¥4.02 | CN¥2.55 | x |
| 2012-12-31 | CN¥3.89 | CN¥2.55 | x |
| 2013-12-31 | CN¥3.66 | CN¥2.55 | x |
| 2014-12-31 | CN¥4.32 | CN¥2.55 | x |
| 2015-12-31 | CN¥3.80 | CN¥2.55 | x |
| 2016-12-31 | CN¥4.32 | CN¥2.55 | x |
| 2017-12-31 | CN¥4.29 | CN¥2.55 | x |
| 2018-12-31 | CN¥4.97 | CN¥2.55 | x |
| 2019-12-31 | CN¥5.47 | CN¥2.55 | x |
| 2020-12-31 | CN¥5.60 | CN¥2.55 | x |
| 2021-12-31 | CN¥4.94 | CN¥2.55 | x |
| 2022-12-31 | CN¥5.31 | CN¥2.55 | x |
| 2023-12-31 | CN¥4.81 | CN¥2.55 | x |
| 2024-12-31 | CN¥3.80 | CN¥2.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HBIS 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): 1.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.58%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 4.62x
- Recent ROE (1.21%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 22.29% | 15.36% | 0.70x | 2.06x | CN¥349.94 Million |
| 1995 | 11.74% | 7.70% | 0.73x | 2.08x | CN¥50.54 Million |
| 1996 | 12.80% | 9.75% | 0.69x | 1.91x | CN¥93.35 Million |
| 1997 | 10.93% | 10.64% | 0.62x | 1.65x | CN¥42.85 Million |
| 1998 | 8.90% | 8.19% | 0.57x | 1.91x | CN¥-51.17 Million |
| 1999 | 9.50% | 8.60% | 0.62x | 1.80x | CN¥-25.67 Million |
| 2000 | 9.04% | 6.99% | 0.68x | 1.91x | CN¥-51.16 Million |
| 2001 | 12.96% | 9.07% | 0.73x | 1.96x | CN¥167.47 Million |
| 2002 | 8.64% | 6.32% | 0.76x | 1.79x | CN¥-91.95 Million |
| 2003 | 11.59% | 6.24% | 0.91x | 2.03x | CN¥121.16 Million |
| 2004 | 16.01% | 6.06% | 1.15x | 2.31x | CN¥497.78 Million |
| 2005 | 13.47% | 4.66% | 0.99x | 2.91x | CN¥292.22 Million |
| 2006 | 15.76% | 5.19% | 0.96x | 3.16x | CN¥521.94 Million |
| 2007 | 19.30% | 5.13% | 1.17x | 3.20x | CN¥1.03 Billion |
| 2008 | 19.89% | 2.07% | 2.73x | 3.52x | CN¥1.17 Billion |
| 2009 | 3.30% | 1.08% | 0.85x | 3.59x | CN¥-1.92 Billion |
| 2010 | 4.79% | 1.21% | 1.11x | 3.57x | CN¥-1.53 Billion |
| 2011 | 3.24% | 1.04% | 0.95x | 3.30x | CN¥-2.89 Billion |
| 2012 | 0.26% | 0.10% | 0.72x | 3.64x | CN¥-4.14 Billion |
| 2013 | 0.27% | 0.11% | 0.66x | 3.92x | CN¥-4.14 Billion |
| 2014 | 1.62% | 0.71% | 0.58x | 3.96x | CN¥-3.61 Billion |
| 2015 | 1.31% | 0.78% | 0.41x | 4.10x | CN¥-3.79 Billion |
| 2016 | 3.47% | 2.09% | 0.40x | 4.15x | CN¥-2.93 Billion |
| 2017 | 3.97% | 1.67% | 0.57x | 4.15x | CN¥-2.77 Billion |
| 2018 | 6.43% | 3.00% | 0.58x | 3.70x | CN¥-2.01 Billion |
| 2019 | 4.50% | 2.10% | 0.57x | 3.74x | CN¥-3.11 Billion |
| 2020 | 2.93% | 1.58% | 0.45x | 4.17x | CN¥-4.09 Billion |
| 2021 | 5.27% | 1.80% | 0.61x | 4.77x | CN¥-2.42 Billion |
| 2022 | 2.54% | 0.97% | 0.57x | 4.61x | CN¥-4.10 Billion |
| 2023 | 1.87% | 0.88% | 0.46x | 4.60x | CN¥-4.71 Billion |
| 2024 | 1.21% | 0.58% | 0.45x | 4.62x | CN¥-5.12 Billion |
Industry Comparison
This section compares HBIS Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $14,568,188,518
- Average return on equity (ROE) among peers: 21.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HBIS Co Ltd (000709) | CN¥60.89 Billion | 22.29% | 3.46x | $1.27 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $4.40 Billion | 81.30% | 0.74x | $1.84 Billion |
| Sgis Songshan Co Ltd (000717) | $8.00 Billion | 22.80% | 1.15x | $443.11 Million |
| Bengang Steel Plates Co Ltd (000761) | $20.01 Billion | 2.78% | 2.03x | $452.44 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $2.18 Billion | 17.60% | 0.97x | $1.51 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $27.34 Billion | 16.91% | 1.72x | $1.33 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.18 Billion | 1.14% | 1.80x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $60.19 Billion | 11.57% | 0.62x | $1.19 Billion |
| Hunan Valin Steel Co Ltd (000932) | $1.39 Billion | 22.60% | 1.61x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $6.43 Billion | 16.93% | 1.18x | $911.24 Million |