Hangjin Technology Co Ltd

SHE:000818 China Chemicals
Market Cap
$2.12 Billion
CN¥15.56 Billion CNY
Market Cap Rank
#5794 Global
#800 in China
Share Price
CN¥23.57
Change (1 day)
-5.64%
52-Week Range
CN¥18.36 - CN¥29.60
All Time High
CN¥42.96
Categories
Companies in China Chemicals
About

Hangjin Technology Co., Ltd. manufactures and sells chlor-alkali chemical products and electronic products in China and internationally. The company offers chemical products consisting of caustic soda, propylene oxide, polyether, polyvinyl chloride, chlorinated benzene, and liquid chlorine for use by alumina, steel, chemical fiber, papermaking, chemicals, medicine, polyurethane, construction, and… Read more

Hangjin Technology Co Ltd (000818) - Net Assets

Latest net assets as of September 2025: CN¥2.76 Billion CNY

Based on the latest financial reports, Hangjin Technology Co Ltd (000818) has net assets worth CN¥2.76 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¥8.62 Billion) and total liabilities (CN¥5.86 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¥2.76 Billion
% of Total Assets 32.04%
Annual Growth Rate 10.54%
5-Year Change -13.91%
10-Year Change 26.01%
Growth Volatility 57.84

Hangjin Technology Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Hangjin Technology 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 Hangjin Technology Co Ltd (1994–2024)

The table below shows the annual net assets of Hangjin Technology Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.72 Billion -33.78%
2023-12-31 CN¥4.10 Billion +6.91%
2022-12-31 CN¥3.84 Billion +3.65%
2021-12-31 CN¥3.70 Billion +17.32%
2020-12-31 CN¥3.16 Billion +14.59%
2019-12-31 CN¥2.75 Billion +11.76%
2018-12-31 CN¥2.47 Billion -5.39%
2017-12-31 CN¥2.61 Billion +12.33%
2016-12-31 CN¥2.32 Billion +7.54%
2015-12-31 CN¥2.16 Billion +6.10%
2014-12-31 CN¥2.03 Billion +4.52%
2013-12-31 CN¥1.94 Billion -4.41%
2012-12-31 CN¥2.03 Billion +2.69%
2011-12-31 CN¥1.98 Billion +6.84%
2010-12-31 CN¥1.85 Billion +1484.95%
2009-12-31 CN¥-133.91 Million -113.84%
2008-12-31 CN¥967.33 Million -20.29%
2007-12-31 CN¥1.21 Billion -0.26%
2006-12-31 CN¥1.22 Billion +2.41%
2005-12-31 CN¥1.19 Billion -0.23%
2004-12-31 CN¥1.19 Billion +0.67%
2003-12-31 CN¥1.18 Billion +3.16%
2002-12-31 CN¥1.15 Billion +19.61%
2001-12-31 CN¥958.71 Million -1.77%
2000-12-31 CN¥975.95 Million +2.62%
1999-12-31 CN¥951.04 Million +1.82%
1998-12-31 CN¥934.07 Million -0.05%
1997-12-31 CN¥934.57 Million +282.75%
1996-12-31 CN¥244.17 Million +10.82%
1995-12-31 CN¥220.33 Million +63.89%
1994-12-31 CN¥134.43 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hangjin Technology 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 7094.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥919.42 Million 40.07%
Common Stock CN¥679.16 Million 29.60%
Other Comprehensive Income CN¥469.28 Million 20.45%
Other Components CN¥226.59 Million 9.88%
Total Equity CN¥2.29 Billion 100.00%

Hangjin Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Hangjin Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
 		$1.52 Billion
Innergex Renewable Energy Inc.
PINK:INGXF
 		$1.52 Billion
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
 		$1.52 Billion
China Great Wall Securities Co Ltd Class A
SHE:002939
 		$1.52 Billion
Jeudan
CO:JDAN
 		$1.52 Billion
Newell Brands Inc.
LSE:0K7J
 		$1.52 Billion
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
 		$1.52 Billion
Sanbo Hospital Management Group Ltd. A
SHE:301293
 		$1.52 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hangjin Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,698,675,876 to 2,294,445,620, a change of -1,404,230,256 (-38.0%).
  • Net loss of 979,140,866 reduced equity.
  • Dividend payments of 149,648,828 reduced retained earnings.
  • Share repurchases of 391,667,277 reduced equity.
  • Other comprehensive income increased equity by 468,835,940.
  • Other factors decreased equity by 352,609,225.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-979.14 Million -42.67%
Dividends Paid CN¥149.65 Million -6.52%
Share Repurchases CN¥391.67 Million -17.07%
Other Comprehensive Income CN¥468.84 Million +20.43%
Other Changes CN¥-352.61 Million -15.37%
Total Change CN¥- -37.97%

Book Value vs Market Value Analysis

This analysis compares Hangjin Technology 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: 6.89x
  • 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 135.85x to 6.89x 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¥0.17 CN¥23.57 x
1995-12-31 CN¥0.28 CN¥23.57 x
1996-12-31 CN¥0.32 CN¥23.57 x
1997-12-31 CN¥1.21 CN¥23.57 x
1998-12-31 CN¥1.21 CN¥23.57 x
1999-12-31 CN¥1.23 CN¥23.57 x
2000-12-31 CN¥1.26 CN¥23.57 x
2001-12-31 CN¥1.24 CN¥23.57 x
2002-12-31 CN¥1.48 CN¥23.57 x
2003-12-31 CN¥1.49 CN¥23.57 x
2004-12-31 CN¥1.50 CN¥23.57 x
2005-12-31 CN¥1.52 CN¥23.57 x
2006-12-31 CN¥1.56 CN¥23.57 x
2007-12-31 CN¥1.77 CN¥23.57 x
2008-12-31 CN¥1.42 CN¥23.57 x
2009-12-31 CN¥-0.20 CN¥23.57 x
2010-12-31 CN¥2.73 CN¥23.57 x
2011-12-31 CN¥2.88 CN¥23.57 x
2012-12-31 CN¥2.92 CN¥23.57 x
2013-12-31 CN¥2.79 CN¥23.57 x
2014-12-31 CN¥2.91 CN¥23.57 x
2015-12-31 CN¥3.12 CN¥23.57 x
2016-12-31 CN¥3.24 CN¥23.57 x
2017-12-31 CN¥3.62 CN¥23.57 x
2018-12-31 CN¥3.51 CN¥23.57 x
2019-12-31 CN¥3.95 CN¥23.57 x
2020-12-31 CN¥4.24 CN¥23.57 x
2021-12-31 CN¥5.08 CN¥23.57 x
2022-12-31 CN¥5.32 CN¥23.57 x
2023-12-31 CN¥5.48 CN¥23.57 x
2024-12-31 CN¥3.42 CN¥23.57 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hangjin Technology 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): -42.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -23.47%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 3.72x
  • Recent ROE (-42.67%) is below the historical average (9.25%), 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 45.03% 11.82% 1.57x 2.42x CN¥47.09 Million
1995 75.55% 23.48% 1.80x 1.78x CN¥144.42 Million
1996 42.57% 16.23% 1.58x 1.66x CN¥79.52 Million
1997 10.08% 13.49% 0.70x 1.07x CN¥710.34K
1998 6.20% 9.12% 0.45x 1.52x CN¥-35.49 Million
1999 4.65% 6.60% 0.46x 1.53x CN¥-50.84 Million
2000 2.59% 3.40% 0.29x 2.60x CN¥-72.29 Million
2001 -2.17% -1.85% 0.40x 2.96x CN¥-116.68 Million
2002 0.24% 0.20% 0.45x 2.70x CN¥-111.92 Million
2003 -1.41% -0.92% 0.55x 2.77x CN¥-131.62 Million
2004 0.77% 0.36% 0.77x 2.77x CN¥-107.40 Million
2005 3.02% 1.21% 0.89x 2.83x CN¥-82.29 Million
2006 3.48% 1.52% 0.81x 2.83x CN¥-78.69 Million
2007 1.69% 0.95% 0.58x 3.07x CN¥-100.10 Million
2008 -24.43% -12.97% 0.50x 3.80x CN¥-333.10 Million
2009 0.00% -106.38% 0.45x 0.00x CN¥-1.10 Billion
2010 62.55% 64.27% 0.67x 1.46x CN¥974.52 Million
2011 6.05% 3.99% 1.12x 1.35x CN¥-77.55 Million
2012 0.91% 0.67% 0.99x 1.37x CN¥-180.03 Million
2013 -4.55% -3.25% 0.96x 1.46x CN¥-275.92 Million
2014 4.29% 2.88% 1.11x 1.35x CN¥-113.09 Million
2015 5.77% 4.70% 1.00x 1.22x CN¥-89.09 Million
2016 4.94% 4.30% 0.98x 1.17x CN¥-115.01 Million
2017 10.23% 7.51% 0.89x 1.52x CN¥5.85 Million
2018 20.78% 13.16% 0.91x 1.74x CN¥261.07 Million
2019 11.43% 8.13% 0.85x 1.66x CN¥38.42 Million
2020 8.21% 6.68% 0.73x 1.68x CN¥-51.54 Million
2021 21.25% 15.07% 0.93x 1.52x CN¥387.62 Million
2022 6.36% 5.35% 0.84x 1.42x CN¥-131.32 Million
2023 3.46% 3.49% 0.61x 1.63x CN¥-241.74 Million
2024 -42.67% -23.47% 0.49x 3.72x CN¥-1.21 Billion

Industry Comparison

This section compares Hangjin Technology Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hangjin Technology Co Ltd (000818) CN¥2.76 Billion 45.03% 2.12x $1.52 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million