HL Corp Shenzhen
HL Corp (Shenzhen) engages in the research and development, manufacture, and marketing of bicycle parts, sports and fitness equipment, and rehabilitation equipment in America, Europe, Asia, and internationally. The company provides bicycle parts, such as handlebars, stems, seat tubes, shock absorber front forks, disc brakes, etc. It also offers sports and fitness equipment, including electric sco… Read more
HL Corp Shenzhen (002105) - Net Assets
Latest net assets as of September 2025: CN¥911.08 Million CNY
Based on the latest financial reports, HL Corp Shenzhen (002105) has net assets worth CN¥911.08 Million 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¥1.61 Billion) and total liabilities (CN¥697.33 Million). 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¥911.08 Million |
| % of Total Assets | 56.64% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | 33.4% |
| 10-Year Change | 83.95% |
| Growth Volatility | 18.98 |
HL Corp Shenzhen - Net Assets Trend (2003–2024)
This chart illustrates how HL Corp Shenzhen's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HL Corp Shenzhen (2003–2024)
The table below shows the annual net assets of HL Corp Shenzhen from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥948.99 Million | -3.54% |
| 2023-12-31 | CN¥983.84 Million | -8.25% |
| 2022-12-31 | CN¥1.07 Billion | +13.64% |
| 2021-12-31 | CN¥943.63 Million | +32.65% |
| 2020-12-31 | CN¥711.36 Million | +19.43% |
| 2019-12-31 | CN¥595.62 Million | +4.61% |
| 2018-12-31 | CN¥569.37 Million | -0.46% |
| 2017-12-31 | CN¥571.98 Million | +7.54% |
| 2016-12-31 | CN¥531.86 Million | +3.10% |
| 2015-12-31 | CN¥515.88 Million | -12.74% |
| 2014-12-31 | CN¥591.20 Million | -0.98% |
| 2013-12-31 | CN¥597.06 Million | +5.25% |
| 2012-12-31 | CN¥567.28 Million | -2.01% |
| 2011-12-31 | CN¥578.89 Million | +1.18% |
| 2010-12-31 | CN¥572.17 Million | +5.69% |
| 2009-12-31 | CN¥541.36 Million | +3.62% |
| 2008-12-31 | CN¥522.46 Million | +2.63% |
| 2007-12-31 | CN¥509.05 Million | +1.22% |
| 2006-12-31 | CN¥502.93 Million | +81.52% |
| 2005-12-31 | CN¥277.07 Million | +3.18% |
| 2004-12-31 | CN¥268.52 Million | +18.06% |
| 2003-12-31 | CN¥227.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HL Corp Shenzhen'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 2531.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥384.89 Million | 43.99% |
| Common Stock | CN¥368.06 Million | 42.06% |
| Other Comprehensive Income | CN¥-9.16 Million | -1.05% |
| Other Components | CN¥131.25 Million | 15.00% |
| Total Equity | CN¥875.03 Million | 100.00% |
HL Corp Shenzhen Competitors by Market Cap
The table below lists competitors of HL Corp Shenzhen ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
High Liner Foods Incorporated
PINK:HLNFF
|
$173.13 Million |
|
Torpol S.A.
F:9ZE
|
$173.28 Million |
|
Sports Toto Berhad
KLSE:1562
|
$173.30 Million |
|
Conduent Inc
NASDAQ:CNDT
|
$173.36 Million |
|
Cyber App Solutions Corp.
PINK:CYRB
|
$173.01 Million |
|
AMAG Austria Metall AG
VI:AMAG
|
$173.00 Million |
|
KHVATEC Co.Ltd
KQ:060720
|
$172.98 Million |
|
Innventure, Inc.
NASDAQ:INV
|
$172.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HL Corp Shenzhen's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 907,972,709 to 875,028,225, a change of -32,944,484 (-3.6%).
- Net loss of 18,933,887 reduced equity.
- Dividend payments of 25,567,398 reduced retained earnings.
- Other comprehensive income decreased equity by 129,872,086.
- Other factors increased equity by 141,428,887.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-18.93 Million | -2.16% |
| Dividends Paid | CN¥25.57 Million | -2.92% |
| Other Comprehensive Income | CN¥-129.87 Million | -14.84% |
| Other Changes | CN¥141.43 Million | +16.16% |
| Total Change | CN¥- | -3.63% |
Book Value vs Market Value Analysis
This analysis compares HL Corp Shenzhen'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: 2.91x
- 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 8.55x to 2.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.82 | CN¥6.98 | x |
| 2004-12-31 | CN¥0.95 | CN¥6.98 | x |
| 2005-12-31 | CN¥0.97 | CN¥6.98 | x |
| 2006-12-31 | CN¥1.78 | CN¥6.98 | x |
| 2007-12-31 | CN¥1.31 | CN¥6.98 | x |
| 2008-12-31 | CN¥1.31 | CN¥6.98 | x |
| 2009-12-31 | CN¥1.35 | CN¥6.98 | x |
| 2010-12-31 | CN¥1.39 | CN¥6.98 | x |
| 2011-12-31 | CN¥1.36 | CN¥6.98 | x |
| 2012-12-31 | CN¥1.38 | CN¥6.98 | x |
| 2013-12-31 | CN¥1.47 | CN¥6.98 | x |
| 2014-12-31 | CN¥1.41 | CN¥6.98 | x |
| 2015-12-31 | CN¥1.23 | CN¥6.98 | x |
| 2016-12-31 | CN¥1.30 | CN¥6.98 | x |
| 2017-12-31 | CN¥1.43 | CN¥6.98 | x |
| 2018-12-31 | CN¥1.40 | CN¥6.98 | x |
| 2019-12-31 | CN¥1.49 | CN¥6.98 | x |
| 2020-12-31 | CN¥1.79 | CN¥6.98 | x |
| 2021-12-31 | CN¥2.34 | CN¥6.98 | x |
| 2022-12-31 | CN¥2.64 | CN¥6.98 | x |
| 2023-12-31 | CN¥2.47 | CN¥6.98 | x |
| 2024-12-31 | CN¥2.40 | CN¥6.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HL Corp Shenzhen 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): -2.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.59%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.97x
- Recent ROE (-2.16%) is below the historical average (7.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 14.51% | 4.03% | 1.14x | 3.16x | CN¥9.80 Million |
| 2004 | 13.83% | 3.53% | 1.35x | 2.91x | CN¥9.66 Million |
| 2005 | 11.72% | 2.87% | 1.41x | 2.89x | CN¥4.46 Million |
| 2006 | 7.23% | 3.27% | 1.06x | 2.09x | CN¥-13.51 Million |
| 2007 | 5.54% | 2.28% | 1.16x | 2.10x | CN¥-21.66 Million |
| 2008 | 5.57% | 1.91% | 1.30x | 2.24x | CN¥-21.52 Million |
| 2009 | 9.14% | 4.36% | 1.03x | 2.04x | CN¥-4.35 Million |
| 2010 | 8.36% | 3.24% | 1.12x | 2.31x | CN¥-8.45 Million |
| 2011 | 3.20% | 1.25% | 0.97x | 2.64x | CN¥-36.27 Million |
| 2012 | 4.75% | 1.66% | 1.07x | 2.68x | CN¥-27.91 Million |
| 2013 | 0.81% | 0.29% | 1.01x | 2.75x | CN¥-48.20 Million |
| 2014 | 0.99% | 0.33% | 1.08x | 2.81x | CN¥-47.22 Million |
| 2015 | -12.09% | -4.03% | 1.03x | 2.90x | CN¥-100.18 Million |
| 2016 | 5.91% | 2.07% | 0.99x | 2.88x | CN¥-19.79 Million |
| 2017 | 8.67% | 2.62% | 1.20x | 2.75x | CN¥-7.00 Million |
| 2018 | 2.15% | 0.73% | 0.91x | 3.25x | CN¥-40.00 Million |
| 2019 | 4.34% | 1.21% | 1.20x | 2.99x | CN¥-31.02 Million |
| 2020 | 25.25% | 8.85% | 1.02x | 2.81x | CN¥99.77 Million |
| 2021 | 31.95% | 10.35% | 1.15x | 2.68x | CN¥187.23 Million |
| 2022 | 19.66% | 10.37% | 0.95x | 1.99x | CN¥92.95 Million |
| 2023 | 2.39% | 2.25% | 0.57x | 1.87x | CN¥-69.09 Million |
| 2024 | -2.16% | -1.59% | 0.69x | 1.97x | CN¥-106.44 Million |
Industry Comparison
This section compares HL Corp Shenzhen's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $804,601,404
- Average return on equity (ROE) among peers: 7.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HL Corp Shenzhen (002105) | CN¥911.08 Million | 14.51% | 0.77x | $173.11 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.76 Billion | 0.00% | 0.00x | $399.65 Million |
| Sportsoul Co. Ltd. A (001300) | $1.06 Billion | 2.11% | 0.25x | $179.80 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.06 Billion | 8.95% | 0.37x | $695.43 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $334.52 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.73 Billion | 0.16% | 0.22x | $191.51 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.17 Million | 5.62% | 0.07x | $192.82 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $407.33 Million |