HBIS Resources Co Ltd Net Assets
HBIS Resources Co Ltd net assets. Based on the latest financial reports, HBIS Resources Co Ltd (000923) has net assets worth CN¥12.97 Billion CNY (≈ $1.90 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.32 Billion ≈ $2.53 Billion USD) and total liabilities (CN¥4.35 Billion ≈ $637.00 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 how fast is HBIS Resources Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥12.97 Billion |
| % of Total Assets | 74.87% |
| Annual Growth Rate | 17.47% |
| 5-Year Change | 29.47% |
| 10-Year Change | 3309.61% |
| Growth Volatility | 377.48 |
Net Assets of HBIS Resources Co Ltd (1996–2025)
Net assets of HBIS Resources Co Ltd from 1996 to 2025. This chart illustrates how HBIS Resources Co Ltd's net assets have evolved over time, based on quarterly financial data. See HBIS Resources Co Ltd (000923) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for HBIS Resources Co Ltd (1996–2025)
The table below shows the annual net assets of HBIS Resources Co Ltd from 1996 to 2025. For live market cap and overall valuation, see market value of HBIS Resources Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥13.91 Billion ≈ $2.04 Billion |
+9.25% |
| 2024-12-31 | CN¥12.73 Billion ≈ $1.86 Billion |
+4.44% |
| 2023-12-31 | CN¥12.19 Billion ≈ $1.78 Billion |
+2.21% |
| 2022-12-31 | CN¥11.93 Billion ≈ $1.75 Billion |
+11.01% |
| 2021-12-31 | CN¥10.74 Billion ≈ $1.57 Billion |
+9.06% |
| 2020-12-31 | CN¥9.85 Billion ≈ $1.44 Billion |
+4.34% |
| 2019-12-31 | CN¥9.44 Billion ≈ $1.38 Billion |
+12.90% |
| 2018-12-31 | CN¥8.36 Billion ≈ $1.22 Billion |
-5.64% |
| 2017-12-31 | CN¥8.86 Billion ≈ $1.30 Billion |
+2072.72% |
| 2016-12-31 | CN¥407.94 Million ≈ $59.70 Million |
-3.15% |
| 2015-12-31 | CN¥421.21 Million ≈ $61.64 Million |
-6.28% |
| 2014-12-31 | CN¥449.43 Million ≈ $65.77 Million |
-13.99% |
| 2013-12-31 | CN¥522.53 Million ≈ $76.46 Million |
-12.50% |
| 2012-12-31 | CN¥597.15 Million ≈ $87.38 Million |
+2.82% |
| 2011-12-31 | CN¥580.77 Million ≈ $84.99 Million |
-6.41% |
| 2010-12-31 | CN¥620.55 Million ≈ $90.81 Million |
+16.89% |
| 2009-12-31 | CN¥530.86 Million ≈ $77.68 Million |
+16.43% |
| 2008-12-31 | CN¥455.95 Million ≈ $66.72 Million |
-14.01% |
| 2007-12-31 | CN¥530.23 Million ≈ $77.59 Million |
+40.94% |
| 2006-12-31 | CN¥376.21 Million ≈ $55.05 Million |
+1.13% |
| 2005-12-31 | CN¥372.01 Million ≈ $54.44 Million |
-10.50% |
| 2004-12-31 | CN¥415.63 Million ≈ $60.82 Million |
-0.53% |
| 2003-12-31 | CN¥417.86 Million ≈ $61.15 Million |
+1.04% |
| 2002-12-31 | CN¥413.56 Million ≈ $60.52 Million |
+1.92% |
| 2001-12-31 | CN¥405.78 Million ≈ $59.38 Million |
+3.74% |
| 2000-12-31 | CN¥391.17 Million ≈ $57.24 Million |
+0.14% |
| 1999-12-31 | CN¥390.61 Million ≈ $57.16 Million |
+106.12% |
| 1998-12-31 | CN¥189.51 Million ≈ $27.73 Million |
+41.34% |
| 1997-12-31 | CN¥134.08 Million ≈ $19.62 Million |
+2.79% |
| 1996-12-31 | CN¥130.44 Million ≈ $19.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HBIS Resources 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 560831798416.0% over the analyzed period, indicating profitable operations and earnings retention.
HBIS Resources Co Ltd Net Assets Breakdown (December 2025)
HBIS Resources Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.61 Billion | 53.71% |
| Other Components | CN¥4.83 Billion | 46.29% |
| Total Equity | CN¥10.44 Billion | 100.00% |
HBIS Resources Co Ltd Competitors by Market Cap
The table below lists competitors of HBIS Resources Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATAI LIFE SCIENCES BV EO1
F:9VC
|
$1.29 Billion |
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
$1.29 Billion |
|
HIAG Immobilien Holding AG
SW:HIAG
|
$1.29 Billion |
|
Nektar Therapeutics
NASDAQ:NKTR
|
$1.29 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
$1.29 Billion |
|
Gs Retail
KO:007070
|
$1.29 Billion |
|
SINOTRANS LTD H YC 1
F:SIY
|
$1.28 Billion |
|
Delta Galil Industries Ltd
TA:DELT
|
$1.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HBIS Resources Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,625,224,098 to 10,441,966,587, a change of 816,742,489 (8.5%).
- Net income of 567,220,443 contributed positively to equity growth.
- Dividend payments of 361,465,594 reduced retained earnings.
- Other comprehensive income increased equity by 1,187,877,509.
- Other factors decreased equity by 576,889,869.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥567.22 Million | +5.43% |
| Dividends Paid | CN¥361.47 Million | -3.46% |
| Other Comprehensive Income | CN¥1.19 Billion | +11.38% |
| Other Changes | CN¥-576.89 Million | -5.52% |
| Total Change | CN¥- | 8.49% |
Book Value vs Market Value Analysis
This analysis compares HBIS Resources 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: 0.84x
- 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 17.06x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.79 | CN¥13.48 | x |
| 1997-12-31 | CN¥0.81 | CN¥13.48 | x |
| 1998-12-31 | CN¥1.15 | CN¥13.48 | x |
| 1999-12-31 | CN¥2.37 | CN¥13.48 | x |
| 2000-12-31 | CN¥2.37 | CN¥13.48 | x |
| 2001-12-31 | CN¥2.46 | CN¥13.48 | x |
| 2002-12-31 | CN¥2.50 | CN¥13.48 | x |
| 2003-12-31 | CN¥2.53 | CN¥13.48 | x |
| 2004-12-31 | CN¥2.52 | CN¥13.48 | x |
| 2005-12-31 | CN¥2.25 | CN¥13.48 | x |
| 2006-12-31 | CN¥2.26 | CN¥13.48 | x |
| 2007-12-31 | CN¥3.21 | CN¥13.48 | x |
| 2008-12-31 | CN¥2.31 | CN¥13.48 | x |
| 2009-12-31 | CN¥2.68 | CN¥13.48 | x |
| 2010-12-31 | CN¥3.13 | CN¥13.48 | x |
| 2011-12-31 | CN¥2.93 | CN¥13.48 | x |
| 2012-12-31 | CN¥3.02 | CN¥13.48 | x |
| 2013-12-31 | CN¥2.64 | CN¥13.48 | x |
| 2014-12-31 | CN¥2.27 | CN¥13.48 | x |
| 2015-12-31 | CN¥2.42 | CN¥13.48 | x |
| 2016-12-31 | CN¥0.91 | CN¥13.48 | x |
| 2017-12-31 | CN¥12.70 | CN¥13.48 | x |
| 2018-12-31 | CN¥9.73 | CN¥13.48 | x |
| 2019-12-31 | CN¥11.02 | CN¥13.48 | x |
| 2020-12-31 | CN¥11.37 | CN¥13.48 | x |
| 2021-12-31 | CN¥12.33 | CN¥13.48 | x |
| 2022-12-31 | CN¥13.72 | CN¥13.48 | x |
| 2023-12-31 | CN¥14.10 | CN¥13.48 | x |
| 2024-12-31 | CN¥14.75 | CN¥13.48 | x |
| 2025-12-31 | CN¥16.00 | CN¥13.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HBIS Resources 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): 5.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.71%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.80x
- Recent ROE (5.43%) is below the historical average (6.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 12.08% | 5.88% | 0.77x | 2.67x | CN¥2.72 Million |
| 1997 | 18.10% | 6.66% | 0.93x | 2.91x | CN¥10.86 Million |
| 1998 | 12.13% | 5.93% | 0.91x | 2.26x | CN¥4.04 Million |
| 1999 | 7.28% | 8.35% | 0.52x | 1.69x | CN¥-10.63 Million |
| 2000 | 6.47% | 8.04% | 0.46x | 1.75x | CN¥-13.81 Million |
| 2001 | 3.60% | 3.94% | 0.52x | 1.74x | CN¥-25.98 Million |
| 2002 | 1.57% | 1.59% | 0.50x | 1.96x | CN¥-34.81 Million |
| 2003 | 0.99% | 0.67% | 0.77x | 1.94x | CN¥-37.60 Million |
| 2004 | 0.55% | 0.46% | 0.60x | 1.98x | CN¥-39.28 Million |
| 2005 | -11.73% | -10.20% | 0.52x | 2.21x | CN¥-80.83 Million |
| 2006 | 0.21% | 0.13% | 0.75x | 2.07x | CN¥-36.84 Million |
| 2007 | 2.08% | 1.94% | 0.57x | 1.88x | CN¥-41.98 Million |
| 2008 | 1.02% | 0.72% | 0.67x | 2.11x | CN¥-40.93 Million |
| 2009 | 2.47% | 2.26% | 0.54x | 2.01x | CN¥-39.98 Million |
| 2010 | 3.20% | 2.77% | 0.64x | 1.81x | CN¥-42.22 Million |
| 2011 | 1.78% | 1.81% | 0.45x | 2.21x | CN¥-47.77 Million |
| 2012 | 0.90% | 1.27% | 0.29x | 2.42x | CN¥-54.32 Million |
| 2013 | 0.78% | 1.10% | 0.24x | 2.92x | CN¥-48.15 Million |
| 2014 | -16.03% | -29.58% | 0.17x | 3.26x | CN¥-117.01 Million |
| 2015 | 0.17% | 0.27% | 0.17x | 3.47x | CN¥-41.42 Million |
| 2016 | 61.88% | 6.50% | 2.75x | 3.45x | CN¥211.66 Million |
| 2017 | 3.67% | 4.46% | 0.40x | 2.07x | CN¥-414.79 Million |
| 2018 | 2.11% | 2.70% | 0.40x | 1.95x | CN¥-501.26 Million |
| 2019 | 7.35% | 9.11% | 0.45x | 1.79x | CN¥-190.33 Million |
| 2020 | 13.08% | 16.36% | 0.44x | 1.81x | CN¥228.66 Million |
| 2021 | 16.17% | 19.82% | 0.47x | 1.74x | CN¥496.78 Million |
| 2022 | 7.44% | 13.19% | 0.33x | 1.72x | CN¥-229.29 Million |
| 2023 | 9.92% | 15.55% | 0.37x | 1.72x | CN¥-7.65 Million |
| 2024 | 5.88% | 10.14% | 0.34x | 1.70x | CN¥-396.36 Million |
| 2025 | 5.43% | 9.71% | 0.31x | 1.80x | CN¥-476.98 Million |
Industry Comparison
This section compares HBIS Resources Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $7,048,207,349
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HBIS Resources Co Ltd (000923) | CN¥12.97 Billion | 12.08% | 0.34x | $1.29 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.77 Billion | 17.54% | 1.36x | $6.40 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $24.06 Billion | 4.24% | 1.07x | $12.26 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $15.66 Billion | 9.20% | 1.63x | $2.47 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $964.00 Million | 15.97% | 0.85x | $2.01 Billion |
| Faw Car Co Ltd (000800) | $7.56 Billion | 21.61% | 0.91x | $4.06 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $3.71 Billion | 1.52% | 0.92x | $561.12 Million |
| Sinotruk Jinan Truck Co Ltd (000951) | $6.39 Billion | 14.05% | 3.23x | $3.28 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $2.78 Billion | 6.87% | 3.46x | $819.02 Million |
| Infore Environment Technology Group Co Ltd (000967) | $542.75 Million | 2.08% | 0.15x | $3.09 Billion |
About HBIS Resources Co Ltd
HBIS Resources Co., Ltd. engages in the mining, processing, selling, and servicing of mineral products in China and internationally. It offers copper, iron, magnetite, and vermiculite products. It also offers labor services and leasing services. The company was formerly known as XuanHua Construction Machinery Co.,Ltd. and changed its name to HBIS Resources Co., Ltd. in December 2019. HBIS Resourc… Read more