Hefei Snowky Elec Co Ltd
Hefei Snowky Electric Co., Ltd. engages in the research and development, production, and sale of refrigerators and commercial display cabinets in China, Asia, Europe, the United States, Africa, and Oceania. Its products include double, four, and three doors, as well as French refrigerator products. The company was founded in 2011 and is based in Hefei, China.
Hefei Snowky Elec Co Ltd (001387) - Net Assets
Latest net assets as of September 2025: CN¥1.29 Billion CNY
Based on the latest financial reports, Hefei Snowky Elec Co Ltd (001387) has net assets worth CN¥1.29 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¥2.43 Billion) and total liabilities (CN¥1.13 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¥1.29 Billion |
| % of Total Assets | 53.28% |
| Annual Growth Rate | 50.53% |
| 5-Year Change | 411.36% |
| 10-Year Change | N/A |
| Growth Volatility | 20.42 |
Hefei Snowky Elec Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Hefei Snowky Elec 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 Hefei Snowky Elec Co Ltd (2019–2024)
The table below shows the annual net assets of Hefei Snowky Elec Co Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CN¥1.24 Billion | +70.95% |
| 2023-09-30 | CN¥727.67 Million | +20.51% |
| 2022-09-30 | CN¥603.81 Million | +40.59% |
| 2021-09-30 | CN¥429.48 Million | +76.55% |
| 2020-09-30 | CN¥243.27 Million | +51.25% |
| 2019-09-30 | CN¥160.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hefei Snowky Elec 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 298.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥284.65 Million | 23.26% |
| Common Stock | CN¥177.79 Million | 14.52% |
| Other Comprehensive Income | CN¥38.94 Million | 3.18% |
| Other Components | CN¥722.64 Million | 59.04% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Hefei Snowky Elec Co Ltd Competitors by Market Cap
The table below lists competitors of Hefei Snowky Elec Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LIFE SCI.REIT PLC LS -01
F:JL6
|
$137.55 Million |
|
Hainan Huluwa Pharmaceutical Group Co Ltd
SHG:605199
|
$137.55 Million |
|
Sarawak Oil Palms Bhd
KLSE:5126
|
$137.58 Million |
|
Gaotu Techedu Inc
F:18WA
|
$137.59 Million |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
$137.38 Million |
|
Hung Ching Development & Construction Co Ltd
TW:2527
|
$137.37 Million |
|
Star Cement Limited
NSE:STARCEMENT
|
$137.34 Million |
|
Oportun Financial Corp
NASDAQ:OPRT
|
$137.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hefei Snowky Elec Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 711,387,607 to 1,224,024,038, a change of 512,636,431 (72.1%).
- Net income of 102,078,465 contributed positively to equity growth.
- Dividend payments of 48,138,045 reduced retained earnings.
- Other comprehensive income increased equity by 38,944,994.
- Other factors increased equity by 419,751,017.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥102.08 Million | +8.34% |
| Dividends Paid | CN¥48.14 Million | -3.93% |
| Other Comprehensive Income | CN¥38.94 Million | +3.18% |
| Other Changes | CN¥419.75 Million | +34.29% |
| Total Change | CN¥- | 72.06% |
Book Value vs Market Value Analysis
This analysis compares Hefei Snowky Elec 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: 1.97x
- 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 15.68x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | CN¥0.88 | CN¥13.78 | x |
| 2020-09-30 | CN¥1.34 | CN¥13.78 | x |
| 2021-09-30 | CN¥2.35 | CN¥13.78 | x |
| 2022-09-30 | CN¥3.20 | CN¥13.78 | x |
| 2023-09-30 | CN¥4.00 | CN¥13.78 | x |
| 2024-09-30 | CN¥7.00 | CN¥13.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hefei Snowky Elec 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): 8.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.25%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.63x
- Recent ROE (8.34%) is below the historical average (17.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 37.72% | 3.64% | 1.33x | 7.82x | CN¥43.32 Million |
| 2020 | 1.75% | 0.26% | 1.38x | 4.89x | CN¥-19.67 Million |
| 2021 | 19.55% | 3.96% | 1.53x | 3.24x | CN¥39.96 Million |
| 2022 | 17.64% | 5.23% | 1.23x | 2.73x | CN¥43.49 Million |
| 2023 | 19.85% | 5.99% | 1.39x | 2.39x | CN¥70.11 Million |
| 2024 | 8.34% | 5.25% | 0.97x | 1.63x | CN¥-20.32 Million |
Industry Comparison
This section compares Hefei Snowky Elec Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $24,111,033,072
- Average return on equity (ROE) among peers: 13.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hefei Snowky Elec Co Ltd (001387) | CN¥1.29 Billion | 37.72% | 0.88x | $137.43 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |