Han'S Laser Tech A (002008) - Net Assets
Based on the latest financial reports, Han'S Laser Tech A (002008) has net assets worth CN¥18.49 Billion CNY (≈ $2.71 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥37.50 Billion ≈ $5.49 Billion USD) and total liabilities (CN¥19.02 Billion ≈ $2.78 Billion 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. Check 002008 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥18.49 Billion |
| % of Total Assets | 49.29% |
| Annual Growth Rate | 27.76% |
| 5-Year Change | 73.26% |
| 10-Year Change | 256.23% |
| Growth Volatility | 47.32 |
Han'S Laser Tech A - Net Assets Trend (2001–2024)
This chart illustrates how Han'S Laser Tech A's net assets have evolved over time, based on quarterly financial data. Also explore Han'S Laser Tech A balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Han'S Laser Tech A (2001–2024)
The table below shows the annual net assets of Han'S Laser Tech A from 2001 to 2024. For live valuation and market cap data, see market cap of Han'S Laser Tech A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.50 Billion ≈ $2.56 Billion |
+6.82% |
| 2023-12-31 | CN¥16.38 Billion ≈ $2.40 Billion |
+5.60% |
| 2022-12-31 | CN¥15.51 Billion ≈ $2.27 Billion |
+28.66% |
| 2021-12-31 | CN¥12.06 Billion ≈ $1.76 Billion |
+19.38% |
| 2020-12-31 | CN¥10.10 Billion ≈ $1.48 Billion |
+11.25% |
| 2019-12-31 | CN¥9.08 Billion ≈ $1.33 Billion |
+5.64% |
| 2018-12-31 | CN¥8.59 Billion ≈ $1.26 Billion |
+17.98% |
| 2017-12-31 | CN¥7.28 Billion ≈ $1.07 Billion |
+31.28% |
| 2016-12-31 | CN¥5.55 Billion ≈ $811.88 Million |
+12.95% |
| 2015-12-31 | CN¥4.91 Billion ≈ $718.77 Million |
+13.70% |
| 2014-12-31 | CN¥4.32 Billion ≈ $632.15 Million |
+11.28% |
| 2013-12-31 | CN¥3.88 Billion ≈ $568.09 Million |
+4.92% |
| 2012-12-31 | CN¥3.70 Billion ≈ $541.46 Million |
+15.61% |
| 2011-12-31 | CN¥3.20 Billion ≈ $468.37 Million |
+16.95% |
| 2010-12-31 | CN¥2.74 Billion ≈ $400.48 Million |
+21.69% |
| 2009-12-31 | CN¥2.25 Billion ≈ $329.10 Million |
-2.06% |
| 2008-12-31 | CN¥2.30 Billion ≈ $336.03 Million |
+108.76% |
| 2007-12-31 | CN¥1.10 Billion ≈ $160.96 Million |
+91.88% |
| 2006-12-31 | CN¥573.28 Million ≈ $83.89 Million |
+22.28% |
| 2005-12-31 | CN¥468.81 Million ≈ $68.60 Million |
+13.17% |
| 2004-12-31 | CN¥414.27 Million ≈ $60.62 Million |
+218.22% |
| 2003-12-31 | CN¥130.18 Million ≈ $19.05 Million |
+35.38% |
| 2002-12-31 | CN¥96.16 Million ≈ $14.07 Million |
+53.90% |
| 2001-12-31 | CN¥62.48 Million ≈ $9.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Han'S Laser Tech A'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 111795.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥11.86 Billion | 73.46% |
| Common Stock | CN¥1.05 Billion | 6.52% |
| Other Comprehensive Income | CN¥322.80 Million | 2.00% |
| Other Components | CN¥2.91 Billion | 18.02% |
| Total Equity | CN¥16.14 Billion | 100.00% |
Han'S Laser Tech A Competitors by Market Cap
The table below lists competitors of Han'S Laser Tech A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Posco Chemical Co Ltd
KO:003670
|
$15.19 Billion |
|
China Railway Group Limited
SHG:601390
|
$15.22 Billion |
|
AB Volvo (publ)
ST:VOLV-A
|
$15.24 Billion |
|
Toast Inc
NYSE:TOST
|
$15.25 Billion |
|
HAIER SM.HME UNSP.ADR/4
F:HAI0
|
$15.17 Billion |
|
Banco Santander Chile
SN:BSANTANDER
|
$15.16 Billion |
|
Powszechny Zaklad Ubezpieczen SA
WAR:PZU
|
$15.11 Billion |
|
Solar Industries India Limited
NSE:SOLARINDS
|
$15.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Han'S Laser Tech A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,000,349,000 to 16,138,927,000, a change of 1,138,578,000 (7.6%).
- Net income of 1,693,900,000 contributed positively to equity growth.
- Dividend payments of 332,859,233 reduced retained earnings.
- Share repurchases of 250,149,006 reduced equity.
- Other comprehensive income decreased equity by 584,108,108.
- Other factors increased equity by 611,794,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.69 Billion | +10.5% |
| Dividends Paid | CN¥332.86 Million | -2.06% |
| Share Repurchases | CN¥250.15 Million | -1.55% |
| Other Comprehensive Income | CN¥-584.11 Million | -3.62% |
| Other Changes | CN¥611.79 Million | +3.79% |
| Total Change | CN¥- | 7.59% |
Book Value vs Market Value Analysis
This analysis compares Han'S Laser Tech A'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: 6.53x
- 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 1696.64x to 6.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.06 | CN¥100.72 | x |
| 2002-12-31 | CN¥0.09 | CN¥100.72 | x |
| 2003-12-31 | CN¥0.14 | CN¥100.72 | x |
| 2004-12-31 | CN¥0.46 | CN¥100.72 | x |
| 2005-12-31 | CN¥0.50 | CN¥100.72 | x |
| 2006-12-31 | CN¥0.58 | CN¥100.72 | x |
| 2007-12-31 | CN¥1.09 | CN¥100.72 | x |
| 2008-12-31 | CN¥2.02 | CN¥100.72 | x |
| 2009-12-31 | CN¥1.91 | CN¥100.72 | x |
| 2010-12-31 | CN¥2.30 | CN¥100.72 | x |
| 2011-12-31 | CN¥2.67 | CN¥100.72 | x |
| 2012-12-31 | CN¥3.24 | CN¥100.72 | x |
| 2013-12-31 | CN¥3.40 | CN¥100.72 | x |
| 2014-12-31 | CN¥3.91 | CN¥100.72 | x |
| 2015-12-31 | CN¥4.51 | CN¥100.72 | x |
| 2016-12-31 | CN¥4.99 | CN¥100.72 | x |
| 2017-12-31 | CN¥6.54 | CN¥100.72 | x |
| 2018-12-31 | CN¥7.80 | CN¥100.72 | x |
| 2019-12-31 | CN¥8.39 | CN¥100.72 | x |
| 2020-12-31 | CN¥9.26 | CN¥100.72 | x |
| 2021-12-31 | CN¥10.95 | CN¥100.72 | x |
| 2022-12-31 | CN¥13.45 | CN¥100.72 | x |
| 2023-12-31 | CN¥14.26 | CN¥100.72 | x |
| 2024-12-31 | CN¥15.43 | CN¥100.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Han'S Laser Tech A 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): 10.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.47%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.12x
- Recent ROE (10.50%) is below the historical average (16.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 40.90% | 24.16% | 1.07x | 1.58x | CN¥19.31 Million |
| 2002 | 34.44% | 19.83% | 0.82x | 2.13x | CN¥23.29 Million |
| 2003 | 29.51% | 13.12% | 1.21x | 1.86x | CN¥24.30 Million |
| 2004 | 11.33% | 11.36% | 0.70x | 1.43x | CN¥5.46 Million |
| 2005 | 13.55% | 10.87% | 0.75x | 1.66x | CN¥15.83 Million |
| 2006 | 17.90% | 10.61% | 0.72x | 2.33x | CN¥40.01 Million |
| 2007 | 17.17% | 11.32% | 0.64x | 2.38x | CN¥70.22 Million |
| 2008 | 6.93% | 7.89% | 0.49x | 1.78x | CN¥-60.04 Million |
| 2009 | 0.15% | 0.16% | 0.44x | 2.22x | CN¥-196.03 Million |
| 2010 | 15.65% | 12.08% | 0.57x | 2.27x | CN¥135.70 Million |
| 2011 | 20.61% | 15.95% | 0.60x | 2.16x | CN¥297.83 Million |
| 2012 | 18.30% | 14.28% | 0.66x | 1.93x | CN¥280.51 Million |
| 2013 | 15.28% | 12.60% | 0.65x | 1.86x | CN¥188.64 Million |
| 2014 | 17.15% | 12.71% | 0.77x | 1.74x | CN¥295.07 Million |
| 2015 | 15.76% | 13.37% | 0.74x | 1.60x | CN¥272.94 Million |
| 2016 | 14.21% | 10.84% | 0.67x | 1.95x | CN¥223.63 Million |
| 2017 | 23.85% | 14.40% | 0.82x | 2.02x | CN¥966.90 Million |
| 2018 | 20.64% | 15.58% | 0.58x | 2.28x | CN¥886.13 Million |
| 2019 | 7.27% | 6.72% | 0.53x | 2.03x | CN¥-240.81 Million |
| 2020 | 10.04% | 8.20% | 0.55x | 2.21x | CN¥4.23 Million |
| 2021 | 17.16% | 12.21% | 0.60x | 2.34x | CN¥832.51 Million |
| 2022 | 8.55% | 8.12% | 0.47x | 2.26x | CN¥-205.51 Million |
| 2023 | 5.47% | 5.82% | 0.41x | 2.28x | CN¥-679.82 Million |
| 2024 | 10.50% | 11.47% | 0.43x | 2.12x | CN¥80.01 Million |
Industry Comparison
This section compares Han'S Laser Tech A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,122,638,577
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Han'S Laser Tech A (002008) | CN¥18.49 Billion | 40.90% | 1.03x | $15.17 Billion |
| Huayi Compressor Co Ltd (000404) | $5.19 Billion | 6.97% | 1.68x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $709.50 Million | 6.14% | 1.68x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $7.53 Billion | 1.67% | 0.29x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $2.71 Billion | 4.79% | 0.50x | $520.37 Million |
| Changchai Co Ltd (000570) | $1.86 Billion | 2.98% | 0.67x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $315.25 Million | 5.68% | 1.39x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $436.15 Million | 1.59% | 1.56x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $969.93 Million | 5.96% | 0.61x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.11 Billion | 3.64% | 0.40x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $393.52 Million | 9.87% | 0.54x | $1.66 Billion |
About Han'S Laser Tech A
Han's Laser Technology Industry Group Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells intelligent manufacturing equipment in China and internationally. The company offers laser marking machines, such as fiber laser marking, UV laser marking, flying marking machine, PCBA and IC and Wafer marking, picosecond laser marking machine, and CO2 laser marking; laser cu… Read more