Hangjin Technology Co Ltd (000818) - Net Assets
Based on the latest financial reports, Hangjin Technology Co Ltd (000818) has net assets worth CN¥2.31 Billion CNY (≈ $338.64 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¥7.49 Billion ≈ $1.10 Billion USD) and total liabilities (CN¥5.18 Billion ≈ $757.67 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 Hangjin Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.31 Billion |
| % of Total Assets | 30.89% |
| Annual Growth Rate | 10.0% |
| 5-Year Change | -30.26% |
| 10-Year Change | 11.36% |
| Growth Volatility | 56.93 |
Hangjin Technology Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Hangjin Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Hangjin Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hangjin Technology Co Ltd (1994–2025)
The table below shows the annual net assets of Hangjin Technology Co Ltd from 1994 to 2025. For live valuation and market cap data, see market cap of Hangjin Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.58 Billion ≈ $377.96 Million |
-4.97% |
| 2024-12-31 | CN¥2.72 Billion ≈ $397.72 Million |
-33.78% |
| 2023-12-31 | CN¥4.10 Billion ≈ $600.56 Million |
+6.91% |
| 2022-12-31 | CN¥3.84 Billion ≈ $561.74 Million |
+3.65% |
| 2021-12-31 | CN¥3.70 Billion ≈ $541.97 Million |
+17.32% |
| 2020-12-31 | CN¥3.16 Billion ≈ $461.95 Million |
+14.59% |
| 2019-12-31 | CN¥2.75 Billion ≈ $403.13 Million |
+11.76% |
| 2018-12-31 | CN¥2.47 Billion ≈ $360.73 Million |
-5.39% |
| 2017-12-31 | CN¥2.61 Billion ≈ $381.27 Million |
+12.33% |
| 2016-12-31 | CN¥2.32 Billion ≈ $339.41 Million |
+7.54% |
| 2015-12-31 | CN¥2.16 Billion ≈ $315.62 Million |
+6.10% |
| 2014-12-31 | CN¥2.03 Billion ≈ $297.46 Million |
+4.52% |
| 2013-12-31 | CN¥1.94 Billion ≈ $284.61 Million |
-4.41% |
| 2012-12-31 | CN¥2.03 Billion ≈ $297.73 Million |
+2.69% |
| 2011-12-31 | CN¥1.98 Billion ≈ $289.93 Million |
+6.84% |
| 2010-12-31 | CN¥1.85 Billion ≈ $271.38 Million |
+1484.95% |
| 2009-12-31 | CN¥-133.91 Million ≈ $-19.60 Million |
-113.84% |
| 2008-12-31 | CN¥967.33 Million ≈ $141.55 Million |
-20.29% |
| 2007-12-31 | CN¥1.21 Billion ≈ $177.58 Million |
-0.26% |
| 2006-12-31 | CN¥1.22 Billion ≈ $178.04 Million |
+2.41% |
| 2005-12-31 | CN¥1.19 Billion ≈ $173.85 Million |
-0.23% |
| 2004-12-31 | CN¥1.19 Billion ≈ $174.25 Million |
+0.67% |
| 2003-12-31 | CN¥1.18 Billion ≈ $173.10 Million |
+3.16% |
| 2002-12-31 | CN¥1.15 Billion ≈ $167.80 Million |
+19.61% |
| 2001-12-31 | CN¥958.71 Million ≈ $140.29 Million |
-1.77% |
| 2000-12-31 | CN¥975.95 Million ≈ $142.81 Million |
+2.62% |
| 1999-12-31 | CN¥951.04 Million ≈ $139.17 Million |
+1.82% |
| 1998-12-31 | CN¥934.07 Million ≈ $136.68 Million |
-0.05% |
| 1997-12-31 | CN¥934.57 Million ≈ $136.76 Million |
+282.75% |
| 1996-12-31 | CN¥244.17 Million ≈ $35.73 Million |
+10.82% |
| 1995-12-31 | CN¥220.33 Million ≈ $32.24 Million |
+63.89% |
| 1994-12-31 | CN¥134.43 Million ≈ $19.67 Million |
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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 5896.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥766.32 Million | 35.80% |
| Other Components | CN¥1.37 Billion | 64.20% |
| Total Equity | CN¥2.14 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 |
|---|---|
|
Frontier Group Holdings Inc
NASDAQ:ULCC
|
$1.22 Billion |
|
Stx Heavy Indu
KO:071970
|
$1.22 Billion |
|
Americas Silver Corp
TO:USA
|
$1.22 Billion |
|
Bangkok Airways Public Company Limited
BK:BA
|
$1.22 Billion |
|
Exzeo Group, Inc.
NYSE:XZO
|
$1.21 Billion |
|
SIGNATUREGLOBAL (INDIA) LIMITED
NSE:SIGNATURE
|
$1.21 Billion |
|
tonies SE
F:TNIE
|
$1.21 Billion |
|
United Corporations Limited
TO:UNC
|
$1.21 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 2024 to 2025, total equity changed from 2,294,445,620 to 2,140,754,653, a change of -153,690,967 (-6.7%).
- Net loss of 153,094,489 reduced equity.
- Dividend payments of 66,730,743 reduced retained earnings.
- Other comprehensive income decreased equity by 469,284,214.
- Other factors increased equity by 535,418,478.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-153.09 Million | -7.15% |
| Dividends Paid | CN¥66.73 Million | -3.12% |
| Other Comprehensive Income | CN¥-469.28 Million | -21.92% |
| Other Changes | CN¥535.42 Million | +25.01% |
| Total Change | CN¥- | -6.70% |
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: 3.88x
- 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 72.51x to 3.88x 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¥12.58 | x |
| 1995-12-31 | CN¥0.28 | CN¥12.58 | x |
| 1996-12-31 | CN¥0.32 | CN¥12.58 | x |
| 1997-12-31 | CN¥1.21 | CN¥12.58 | x |
| 1998-12-31 | CN¥1.21 | CN¥12.58 | x |
| 1999-12-31 | CN¥1.23 | CN¥12.58 | x |
| 2000-12-31 | CN¥1.26 | CN¥12.58 | x |
| 2001-12-31 | CN¥1.24 | CN¥12.58 | x |
| 2002-12-31 | CN¥1.48 | CN¥12.58 | x |
| 2003-12-31 | CN¥1.49 | CN¥12.58 | x |
| 2004-12-31 | CN¥1.50 | CN¥12.58 | x |
| 2005-12-31 | CN¥1.52 | CN¥12.58 | x |
| 2006-12-31 | CN¥1.56 | CN¥12.58 | x |
| 2007-12-31 | CN¥1.77 | CN¥12.58 | x |
| 2008-12-31 | CN¥1.42 | CN¥12.58 | x |
| 2009-12-31 | CN¥-0.20 | CN¥12.58 | x |
| 2010-12-31 | CN¥2.73 | CN¥12.58 | x |
| 2011-12-31 | CN¥2.88 | CN¥12.58 | x |
| 2012-12-31 | CN¥2.92 | CN¥12.58 | x |
| 2013-12-31 | CN¥2.79 | CN¥12.58 | x |
| 2014-12-31 | CN¥2.91 | CN¥12.58 | x |
| 2015-12-31 | CN¥3.12 | CN¥12.58 | x |
| 2016-12-31 | CN¥3.24 | CN¥12.58 | x |
| 2017-12-31 | CN¥3.62 | CN¥12.58 | x |
| 2018-12-31 | CN¥3.51 | CN¥12.58 | x |
| 2019-12-31 | CN¥3.95 | CN¥12.58 | x |
| 2020-12-31 | CN¥4.24 | CN¥12.58 | x |
| 2021-12-31 | CN¥5.08 | CN¥12.58 | x |
| 2022-12-31 | CN¥5.32 | CN¥12.58 | x |
| 2023-12-31 | CN¥5.48 | CN¥12.58 | x |
| 2024-12-31 | CN¥3.42 | CN¥12.58 | x |
| 2025-12-31 | CN¥3.24 | CN¥12.58 | 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): -7.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.71%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 3.80x
- Recent ROE (-7.15%) is below the historical average (8.74%), 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 |
| 2025 | -7.15% | -3.71% | 0.51x | 3.80x | CN¥-367.17 Million |
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: $3,866,586,748
- Average return on equity (ROE) among peers: -1.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangjin Technology Co Ltd (000818) | CN¥2.31 Billion | 45.03% | 2.24x | $1.21 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $14.98 Billion | 0.47% | 1.13x | $1.06 Billion |
| Sichuan Chemical Co Ltd (000155) | $8.78 Billion | 8.09% | 1.20x | $2.98 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $3.24 Billion | 5.14% | 0.36x | $11.48 Billion |
| Zangge Holding Co Ltd (000408) | $7.46 Billion | 11.40% | 0.19x | $16.05 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $511.27 Million | 0.41% | 0.86x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $160.93 Million | -61.25% | 1.09x | $355.24 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $638.00 Million | 0.68% | 1.30x | $779.47 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $1.01 Billion | 10.39% | 2.73x | $340.85 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $945.21 Million | 9.46% | 0.35x | $267.78 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $945.90 Million | 2.34% | 1.22x | $3.15 Billion |
About Hangjin Technology Co Ltd
Hangjin Technology Co., Ltd. manufactures and sells chlor-alkali chemical and electronic products in China and internationally. The company offers chemical products, including caustic soda, propylene oxide, polyether, polyvinyl chloride, chlorinated benzene, and liquid chlorine for used by various industries, such as alumina, steel, chemical fiber, papermaking, chemicals, medicine, polyurethane, … Read more