Hunan Fazhan Industrial Co Ltd (000722) - Net Assets
Based on the latest financial reports, Hunan Fazhan Industrial Co Ltd (000722) has net assets worth CN¥3.20 Billion CNY (≈ $468.78 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.55 Billion ≈ $520.01 Million USD) and total liabilities (CN¥350.15 Million ≈ $51.24 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. Also explore total assets of Hunan Fazhan Industrial Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.20 Billion |
| % of Total Assets | 90.15% |
| Annual Growth Rate | 13.79% |
| 5-Year Change | 1.61% |
| 10-Year Change | 12.05% |
| Growth Volatility | 124.79 |
Hunan Fazhan Industrial Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Hunan Fazhan Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 000722 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hunan Fazhan Industrial Co Ltd (1994–2025)
The table below shows the annual net assets of Hunan Fazhan Industrial Co Ltd from 1994 to 2025. For live valuation and market cap data, see 000722 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.19 Billion ≈ $466.80 Million |
+0.58% |
| 2024-12-31 | CN¥3.17 Billion ≈ $464.09 Million |
-8.63% |
| 2023-12-31 | CN¥3.47 Billion ≈ $507.91 Million |
+9.10% |
| 2022-12-31 | CN¥3.18 Billion ≈ $465.56 Million |
+1.34% |
| 2021-12-31 | CN¥3.14 Billion ≈ $459.39 Million |
+1.76% |
| 2020-12-31 | CN¥3.08 Billion ≈ $451.43 Million |
+2.48% |
| 2019-12-31 | CN¥3.01 Billion ≈ $440.52 Million |
+1.18% |
| 2018-12-31 | CN¥2.98 Billion ≈ $435.38 Million |
+1.74% |
| 2017-12-31 | CN¥2.92 Billion ≈ $427.93 Million |
+2.72% |
| 2016-12-31 | CN¥2.85 Billion ≈ $416.59 Million |
+5.52% |
| 2015-12-31 | CN¥2.70 Billion ≈ $394.81 Million |
+8.15% |
| 2014-12-31 | CN¥2.49 Billion ≈ $365.07 Million |
+9.69% |
| 2013-12-31 | CN¥2.27 Billion ≈ $332.82 Million |
+8.45% |
| 2012-12-31 | CN¥2.10 Billion ≈ $306.88 Million |
+8.06% |
| 2011-12-31 | CN¥1.94 Billion ≈ $284.00 Million |
+4.46% |
| 2010-12-31 | CN¥1.86 Billion ≈ $271.87 Million |
+648.47% |
| 2009-12-31 | CN¥248.22 Million ≈ $36.32 Million |
-71.79% |
| 2008-12-31 | CN¥880.06 Million ≈ $128.78 Million |
+16.47% |
| 2007-12-31 | CN¥755.59 Million ≈ $110.57 Million |
-27.48% |
| 2006-12-31 | CN¥1.04 Billion ≈ $152.46 Million |
-32.92% |
| 2005-12-31 | CN¥1.55 Billion ≈ $227.28 Million |
+62.56% |
| 2004-12-31 | CN¥955.43 Million ≈ $139.81 Million |
-12.62% |
| 2003-12-31 | CN¥1.09 Billion ≈ $160.01 Million |
+0.70% |
| 2002-12-31 | CN¥1.09 Billion ≈ $158.90 Million |
+30.37% |
| 2001-12-31 | CN¥832.92 Million ≈ $121.88 Million |
-1.89% |
| 2000-12-31 | CN¥849.00 Million ≈ $124.24 Million |
+6.48% |
| 1999-12-31 | CN¥797.34 Million ≈ $116.68 Million |
+223.53% |
| 1998-12-31 | CN¥246.45 Million ≈ $36.06 Million |
+12.70% |
| 1997-12-31 | CN¥218.67 Million ≈ $32.00 Million |
+201.17% |
| 1996-12-31 | CN¥72.61 Million ≈ $10.62 Million |
+20.95% |
| 1995-12-31 | CN¥60.03 Million ≈ $8.78 Million |
+3.21% |
| 1994-12-31 | CN¥58.17 Million ≈ $8.51 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hunan Fazhan Industrial 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 146301.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥566.48 Million | 17.96% |
| Other Components | CN¥2.59 Billion | 82.04% |
| Total Equity | CN¥3.15 Billion | 100.00% |
Hunan Fazhan Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Hunan Fazhan Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Tonze Electric Co Ltd
SHE:002759
|
$1.10 Billion |
|
Voltamp Transformers Limited
NSE:VOLTAMP
|
$1.10 Billion |
|
AFCONS INFRASTRUCTURE LTD
NSE:AFCONS
|
$1.10 Billion |
|
Athens Water Supply and Sewerage Company S.A
AT:EYDAP
|
$1.10 Billion |
|
Drägerwerk AG & Co. KGaA (pref)
F:DRW3
|
$1.10 Billion |
|
SFL Corporation Ltd
NYSE:SFL
|
$1.10 Billion |
|
Xining Special Steel Co Ltd
SHG:600117
|
$1.10 Billion |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Fazhan Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,104,403,455 to 3,154,311,964, a change of 49,908,509 (1.6%).
- Net income of 72,137,817 contributed positively to equity growth.
- Dividend payments of 28,709,215 reduced retained earnings.
- Other comprehensive income decreased equity by 183,536,904.
- Other factors increased equity by 190,016,811.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥72.14 Million | +2.29% |
| Dividends Paid | CN¥28.71 Million | -0.91% |
| Other Comprehensive Income | CN¥-183.54 Million | -5.82% |
| Other Changes | CN¥190.02 Million | +6.02% |
| Total Change | CN¥- | 1.61% |
Book Value vs Market Value Analysis
This analysis compares Hunan Fazhan Industrial 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: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 62.32x to 1.93x 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¥0.21 | CN¥13.11 | x |
| 1995-12-31 | CN¥0.22 | CN¥13.11 | x |
| 1996-12-31 | CN¥0.27 | CN¥13.11 | x |
| 1997-12-31 | CN¥0.81 | CN¥13.11 | x |
| 1998-12-31 | CN¥0.91 | CN¥13.11 | x |
| 1999-12-31 | CN¥2.79 | CN¥13.11 | x |
| 2000-12-31 | CN¥2.98 | CN¥13.11 | x |
| 2001-12-31 | CN¥2.93 | CN¥13.11 | x |
| 2002-12-31 | CN¥3.87 | CN¥13.11 | x |
| 2003-12-31 | CN¥3.88 | CN¥13.11 | x |
| 2004-12-31 | CN¥3.35 | CN¥13.11 | x |
| 2005-12-31 | CN¥3.37 | CN¥13.11 | x |
| 2006-12-31 | CN¥2.89 | CN¥13.11 | x |
| 2007-12-31 | CN¥1.96 | CN¥13.11 | x |
| 2008-12-31 | CN¥1.96 | CN¥13.11 | x |
| 2009-12-31 | CN¥0.11 | CN¥13.11 | x |
| 2010-12-31 | CN¥5.91 | CN¥13.11 | x |
| 2011-12-31 | CN¥4.18 | CN¥13.11 | x |
| 2012-12-31 | CN¥4.56 | CN¥13.11 | x |
| 2013-12-31 | CN¥4.85 | CN¥13.11 | x |
| 2014-12-31 | CN¥5.31 | CN¥13.11 | x |
| 2015-12-31 | CN¥5.61 | CN¥13.11 | x |
| 2016-12-31 | CN¥5.80 | CN¥13.11 | x |
| 2017-12-31 | CN¥5.94 | CN¥13.11 | x |
| 2018-12-31 | CN¥6.03 | CN¥13.11 | x |
| 2019-12-31 | CN¥6.43 | CN¥13.11 | x |
| 2020-12-31 | CN¥6.53 | CN¥13.11 | x |
| 2021-12-31 | CN¥6.77 | CN¥13.11 | x |
| 2022-12-31 | CN¥6.81 | CN¥13.11 | x |
| 2023-12-31 | CN¥7.05 | CN¥13.11 | x |
| 2024-12-31 | CN¥6.87 | CN¥13.11 | x |
| 2025-12-31 | CN¥6.80 | CN¥13.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Fazhan Industrial 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): 2.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.66%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.12x
- Recent ROE (2.29%) is above the historical average (-50.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 17.68% | 8.83% | 0.81x | 2.47x | CN¥4.33 Million |
| 1995 | 19.61% | 9.37% | 0.79x | 2.65x | CN¥5.58 Million |
| 1996 | 18.27% | 8.15% | 0.83x | 2.70x | CN¥5.87 Million |
| 1997 | 10.93% | 9.95% | 0.73x | 1.50x | CN¥2.01 Million |
| 1998 | 7.68% | 6.62% | 0.75x | 1.55x | CN¥-5.67 Million |
| 1999 | 6.52% | 16.89% | 0.24x | 1.61x | CN¥-26.01 Million |
| 2000 | 3.24% | 7.32% | 0.22x | 1.99x | CN¥-53.94 Million |
| 2001 | 6.44% | 10.33% | 0.31x | 2.04x | CN¥-27.91 Million |
| 2002 | 3.22% | 7.63% | 0.22x | 1.88x | CN¥-70.33 Million |
| 2003 | 0.58% | 1.24% | 0.23x | 2.08x | CN¥-98.10 Million |
| 2004 | -16.36% | -26.61% | 0.22x | 2.83x | CN¥-236.68 Million |
| 2005 | 0.50% | 0.76% | 0.22x | 2.96x | CN¥-85.75 Million |
| 2006 | -16.50% | -28.50% | 0.20x | 2.90x | CN¥-205.44 Million |
| 2007 | -36.77% | -37.04% | 0.25x | 3.94x | CN¥-245.24 Million |
| 2008 | -11.22% | -10.01% | 0.28x | 4.00x | CN¥-111.63 Million |
| 2009 | -1679.54% | -77.94% | 0.48x | 44.78x | CN¥-496.74 Million |
| 2010 | 1.35% | 4.28% | 0.31x | 1.01x | CN¥-160.65 Million |
| 2011 | 4.27% | 45.16% | 0.09x | 1.01x | CN¥-111.18 Million |
| 2012 | 7.46% | 60.71% | 0.12x | 1.02x | CN¥-53.33 Million |
| 2013 | 7.01% | 65.83% | 0.08x | 1.27x | CN¥-67.42 Million |
| 2014 | 7.92% | 71.48% | 0.09x | 1.25x | CN¥-51.04 Million |
| 2015 | 4.99% | 46.59% | 0.10x | 1.12x | CN¥-129.14 Million |
| 2016 | 5.17% | 49.87% | 0.09x | 1.12x | CN¥-131.34 Million |
| 2017 | 3.20% | 36.41% | 0.08x | 1.13x | CN¥-189.40 Million |
| 2018 | 3.32% | 35.47% | 0.08x | 1.12x | CN¥-190.62 Million |
| 2019 | 4.66% | 56.73% | 0.08x | 1.08x | CN¥-158.40 Million |
| 2020 | 3.22% | 31.48% | 0.09x | 1.09x | CN¥-206.34 Million |
| 2021 | 3.84% | 25.03% | 0.14x | 1.07x | CN¥-191.82 Million |
| 2022 | 2.20% | 16.43% | 0.13x | 1.07x | CN¥-244.83 Million |
| 2023 | 1.56% | 16.91% | 0.08x | 1.14x | CN¥-267.49 Million |
| 2024 | 2.18% | 20.13% | 0.10x | 1.11x | CN¥-242.64 Million |
| 2025 | 2.29% | 20.66% | 0.10x | 1.12x | CN¥-243.29 Million |
Industry Comparison
This section compares Hunan Fazhan Industrial Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $3,070,372,578
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Fazhan Industrial Co Ltd (000722) | CN¥3.20 Billion | 17.68% | 0.11x | $1.10 Billion |
| China Baoan Group Co Ltd (000009) | $2.49 Billion | 8.03% | 1.44x | $2.97 Billion |
| Yunding Technology Co Ltd (000409) | $1.75 Billion | 3.52% | 0.50x | $893.58 Million |
| Create Technology & Science Co Ltd (000551) | $3.67 Billion | 6.83% | 0.69x | $900.83 Million |
| Sundiro Holding Co Ltd (000571) | $2.88 Billion | 2.65% | 0.55x | $792.00 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $728.01 Million | 0.84% | 1.05x | $442.56 Million |
| Macrolink Real Estate Co Ltd (000620) | $9.98 Billion | 11.89% | 4.37x | $2.28 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $5.16 Billion | 6.00% | 5.71x | $773.00 Million |
| CHTC Helon Co Ltd (000677) | $675.25 Million | 1.06% | 0.28x | $221.25 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $295.19 Million | 12.88% | 1.71x | $620.16 Million |
About Hunan Fazhan Industrial Co Ltd
Hunan Development Group Co., Ltd. engages in the investment, development, construction, operation, and management of hydropower and photovoltaic power generation in China. The company is involved in developing and sale of river sand, river pebbles, crushed stones, and other products; and equity investment business; operation of distribution centers. Hunan Development Group Co., Ltd. was incorpora… Read more