HL Corp Shenzhen (002105) - Net Assets

Latest as of September 2025: CN¥911.08 Million CNY ≈ $133.32 Million USD

Based on the latest financial reports, HL Corp Shenzhen (002105) has net assets worth CN¥911.08 Million CNY (≈ $133.32 Million 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¥1.61 Billion ≈ $235.36 Million USD) and total liabilities (CN¥697.33 Million ≈ $102.04 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. Check HL Corp Shenzhen asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore HL Corp Shenzhen asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see HL Corp Shenzhen market capitalisation.

Year Net Assets Change
2024-12-31 CN¥948.99 Million
≈ $138.87 Million		 -3.54%
2023-12-31 CN¥983.84 Million
≈ $143.97 Million		 -8.25%
2022-12-31 CN¥1.07 Billion
≈ $156.92 Million		 +13.64%
2021-12-31 CN¥943.63 Million
≈ $138.08 Million		 +32.65%
2020-12-31 CN¥711.36 Million
≈ $104.09 Million		 +19.43%
2019-12-31 CN¥595.62 Million
≈ $87.16 Million		 +4.61%
2018-12-31 CN¥569.37 Million
≈ $83.32 Million		 -0.46%
2017-12-31 CN¥571.98 Million
≈ $83.70 Million		 +7.54%
2016-12-31 CN¥531.86 Million
≈ $77.83 Million		 +3.10%
2015-12-31 CN¥515.88 Million
≈ $75.49 Million		 -12.74%
2014-12-31 CN¥591.20 Million
≈ $86.51 Million		 -0.98%
2013-12-31 CN¥597.06 Million
≈ $87.37 Million		 +5.25%
2012-12-31 CN¥567.28 Million
≈ $83.01 Million		 -2.01%
2011-12-31 CN¥578.89 Million
≈ $84.71 Million		 +1.18%
2010-12-31 CN¥572.17 Million
≈ $83.73 Million		 +5.69%
2009-12-31 CN¥541.36 Million
≈ $79.22 Million		 +3.62%
2008-12-31 CN¥522.46 Million
≈ $76.45 Million		 +2.63%
2007-12-31 CN¥509.05 Million
≈ $74.49 Million		 +1.22%
2006-12-31 CN¥502.93 Million
≈ $73.59 Million		 +81.52%
2005-12-31 CN¥277.07 Million
≈ $40.54 Million		 +3.18%
2004-12-31 CN¥268.52 Million
≈ $39.29 Million		 +18.06%
2003-12-31 CN¥227.43 Million
≈ $33.28 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
Ha Do Group JSC
VN:HDG
 $364.06 Million
Propel Funeral Partners Ltd
AU:PFP
 $364.14 Million
Padini Holdings Bhd
KLSE:7052
 $364.22 Million
ITAB Shop Concept AB ser. B
ST:ITAB
 $364.28 Million
XinJiang GuoTong Pipeline Co Ltd
SHE:002205
 $363.87 Million
Magnera Corp placeholder
NYSE:MAGN
 $363.83 Million
Great Tree Pharmacy Co Ltd
TWO:6469
 $363.63 Million
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
SA:AGRO3
 $363.56 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: 2.83x
  • 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 8.32x to 2.83x 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¥6.79 x
2004-12-31 CN¥0.95 CN¥6.79 x
2005-12-31 CN¥0.97 CN¥6.79 x
2006-12-31 CN¥1.78 CN¥6.79 x
2007-12-31 CN¥1.31 CN¥6.79 x
2008-12-31 CN¥1.31 CN¥6.79 x
2009-12-31 CN¥1.35 CN¥6.79 x
2010-12-31 CN¥1.39 CN¥6.79 x
2011-12-31 CN¥1.36 CN¥6.79 x
2012-12-31 CN¥1.38 CN¥6.79 x
2013-12-31 CN¥1.47 CN¥6.79 x
2014-12-31 CN¥1.41 CN¥6.79 x
2015-12-31 CN¥1.23 CN¥6.79 x
2016-12-31 CN¥1.30 CN¥6.79 x
2017-12-31 CN¥1.43 CN¥6.79 x
2018-12-31 CN¥1.40 CN¥6.79 x
2019-12-31 CN¥1.49 CN¥6.79 x
2020-12-31 CN¥1.79 CN¥6.79 x
2021-12-31 CN¥2.34 CN¥6.79 x
2022-12-31 CN¥2.64 CN¥6.79 x
2023-12-31 CN¥2.47 CN¥6.79 x
2024-12-31 CN¥2.40 CN¥6.79 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: $745,607,053
  • Average return on equity (ROE) among peers: 1.66%

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 $363.89 Million
China Bicycle Co Holdings Ltd (000017) $11.44 Million -68.29% 4.48x $413.48 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348) $192.47 Million 24.76% 0.35x $1.54 Billion
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) $794.85 Million 1.42% 0.03x $614.35 Million
Shanghai Yaoji Playing Card Co Ltd (002605) $1.55 Billion 6.31% 0.29x $1.25 Billion
Xiamen Comfort Science&Technology Group Co Ltd (002614) $3.39 Billion 8.51% 0.81x $525.73 Million
Guangzhou Pearl River Piano Group Co Ltd (002678) $1.66 Billion 10.98% 0.20x $1.19 Billion
Shifeng Cultural Development Co Ltd (002862) $569.63 Million 1.45% 0.14x $455.54 Million
Impulse Qingdao Health Tech Co Ltd (002899) $249.64 Million 29.77% 1.70x $730.57 Million
China Bicycle Co Holdings Ltd (200017) $-1.71 Billion 0.00% 0.00x $66.51 Million

About HL Corp Shenzhen

SHE:002105 China Leisure
Market Cap
$363.89 Million
CN¥2.49 Billion CNY
Market Cap Rank
#14134 Global
#4449 in China
Share Price
CN¥6.79
Change (1 day)
+1.65%
52-Week Range
CN¥6.01 - CN¥10.15
All Time High
CN¥14.18
Categories
Companies in China Leisure
About

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