Hongda High-Tech Holding Co Ltd
Hongda High-Tech Holding Co.,Ltd. engages in warp-knitting, medical device, trading, and financial investment businesses in China. It offers automotive interior fabrics, and clothing fabrics. The company also provides medical device products for liver, gallbladder, spleen, kidney, pancreas, heart, thyroid, breast, bladder, uterus attachment, and other organs. It exports its products to the United… Read more
Hongda High-Tech Holding Co Ltd (002144) - Net Assets
Latest net assets as of September 2025: CN¥2.13 Billion CNY
Based on the latest financial reports, Hongda High-Tech Holding Co Ltd (002144) has net assets worth CN¥2.13 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¥2.29 Billion) and total liabilities (CN¥164.56 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¥2.13 Billion |
| % of Total Assets | 92.83% |
| Annual Growth Rate | 15.09% |
| 5-Year Change | 15.37% |
| 10-Year Change | 19.58% |
| Growth Volatility | 65.69 |
Hongda High-Tech Holding Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Hongda High-Tech Holding 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 Hongda High-Tech Holding Co Ltd (2004–2024)
The table below shows the annual net assets of Hongda High-Tech Holding Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.04 Billion | +1.91% |
| 2023-12-31 | CN¥2.00 Billion | +2.53% |
| 2022-12-31 | CN¥1.95 Billion | +4.76% |
| 2021-12-31 | CN¥1.86 Billion | +5.39% |
| 2020-12-31 | CN¥1.77 Billion | +2.42% |
| 2019-12-31 | CN¥1.73 Billion | +3.48% |
| 2018-12-31 | CN¥1.67 Billion | -1.20% |
| 2017-12-31 | CN¥1.69 Billion | -0.60% |
| 2016-12-31 | CN¥1.70 Billion | -0.41% |
| 2015-12-31 | CN¥1.71 Billion | -0.86% |
| 2014-12-31 | CN¥1.72 Billion | -7.56% |
| 2013-12-31 | CN¥1.86 Billion | +48.10% |
| 2012-12-31 | CN¥1.26 Billion | +13.99% |
| 2011-12-31 | CN¥1.10 Billion | -2.91% |
| 2010-12-31 | CN¥1.14 Billion | +286.92% |
| 2009-12-31 | CN¥293.42 Million | +0.21% |
| 2008-12-31 | CN¥292.79 Million | -1.18% |
| 2007-12-31 | CN¥296.30 Million | +113.10% |
| 2006-12-31 | CN¥139.04 Million | +8.50% |
| 2005-12-31 | CN¥128.15 Million | +4.47% |
| 2004-12-31 | CN¥122.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hongda High-Tech Holding 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 2824.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥887.81 Million | 43.64% |
| Common Stock | CN¥176.76 Million | 8.69% |
| Other Comprehensive Income | CN¥274.98 Million | 13.52% |
| Other Components | CN¥694.75 Million | 34.15% |
| Total Equity | CN¥2.03 Billion | 100.00% |
Hongda High-Tech Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Hongda High-Tech Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shui On Land Limited
F:OL5
|
$232.56 Million |
|
Cheng Mei Materials Technology Corp
TW:4960
|
$232.59 Million |
|
Intracom Holdings S.A.
AT:INTRK
|
$232.64 Million |
|
CoCreation Grass Co Ltd
SHG:605099
|
$232.64 Million |
|
Ningbo Sinyuan ZM Technology Co. Ltd. A
SHE:301398
|
$232.52 Million |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
$232.46 Million |
|
TOD'S S.p.A
PINK:TODGF
|
$232.42 Million |
|
Suzhou Institute of Building Science Group Co Ltd
SHG:603183
|
$232.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hongda High-Tech Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,995,956,420 to 2,034,300,674, a change of 38,344,254 (1.9%).
- Net income of 27,944,496 contributed positively to equity growth.
- Dividend payments of 27,482,545 reduced retained earnings.
- Other comprehensive income increased equity by 274,975,372.
- Other factors decreased equity by 237,093,069.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.94 Million | +1.37% |
| Dividends Paid | CN¥27.48 Million | -1.35% |
| Other Comprehensive Income | CN¥274.98 Million | +13.52% |
| Other Changes | CN¥-237.09 Million | -11.65% |
| Total Change | CN¥- | 1.92% |
Book Value vs Market Value Analysis
This analysis compares Hongda High-Tech Holding 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: 1.32x
- 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 9.97x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥1.53 | CN¥15.22 | x |
| 2005-12-31 | CN¥1.54 | CN¥15.22 | x |
| 2006-12-31 | CN¥1.69 | CN¥15.22 | x |
| 2007-12-31 | CN¥3.24 | CN¥15.22 | x |
| 2008-12-31 | CN¥2.52 | CN¥15.22 | x |
| 2009-12-31 | CN¥2.60 | CN¥15.22 | x |
| 2010-12-31 | CN¥9.05 | CN¥15.22 | x |
| 2011-12-31 | CN¥7.23 | CN¥15.22 | x |
| 2012-12-31 | CN¥8.31 | CN¥15.22 | x |
| 2013-12-31 | CN¥10.99 | CN¥15.22 | x |
| 2014-12-31 | CN¥9.65 | CN¥15.22 | x |
| 2015-12-31 | CN¥9.70 | CN¥15.22 | x |
| 2016-12-31 | CN¥9.59 | CN¥15.22 | x |
| 2017-12-31 | CN¥9.61 | CN¥15.22 | x |
| 2018-12-31 | CN¥9.35 | CN¥15.22 | x |
| 2019-12-31 | CN¥9.76 | CN¥15.22 | x |
| 2020-12-31 | CN¥9.98 | CN¥15.22 | x |
| 2021-12-31 | CN¥10.52 | CN¥15.22 | x |
| 2022-12-31 | CN¥11.01 | CN¥15.22 | x |
| 2023-12-31 | CN¥11.41 | CN¥15.22 | x |
| 2024-12-31 | CN¥11.51 | CN¥15.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hongda High-Tech Holding 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): 1.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.52%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.10x
- Recent ROE (1.37%) is below the historical average (6.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.59% | 14.39% | 0.78x | 2.10x | CN¥16.67 Million |
| 2005 | 9.73% | 6.57% | 0.60x | 2.47x | CN¥-347.88K |
| 2006 | 16.58% | 6.74% | 0.94x | 2.61x | CN¥9.06 Million |
| 2007 | 7.09% | 5.94% | 0.80x | 1.50x | CN¥-8.57 Million |
| 2008 | 2.38% | 2.29% | 0.69x | 1.50x | CN¥-22.18 Million |
| 2009 | 3.85% | 3.77% | 0.69x | 1.49x | CN¥-17.94 Million |
| 2010 | 3.54% | 9.79% | 0.27x | 1.32x | CN¥-73.25 Million |
| 2011 | 6.36% | 11.91% | 0.40x | 1.33x | CN¥-39.99 Million |
| 2012 | 9.15% | 18.25% | 0.41x | 1.22x | CN¥-10.65 Million |
| 2013 | 4.37% | 13.86% | 0.27x | 1.17x | CN¥-104.65 Million |
| 2014 | 6.84% | 21.56% | 0.25x | 1.27x | CN¥-54.39 Million |
| 2015 | 7.32% | 23.70% | 0.25x | 1.21x | CN¥-45.73 Million |
| 2016 | 5.94% | 17.70% | 0.28x | 1.21x | CN¥-68.81 Million |
| 2017 | 5.72% | 15.21% | 0.31x | 1.20x | CN¥-72.23 Million |
| 2018 | 5.46% | 14.23% | 0.33x | 1.17x | CN¥-75.66 Million |
| 2019 | 4.78% | 15.19% | 0.28x | 1.13x | CN¥-89.97 Million |
| 2020 | 3.62% | 13.85% | 0.24x | 1.10x | CN¥-112.48 Million |
| 2021 | 3.49% | 10.79% | 0.29x | 1.12x | CN¥-121.07 Million |
| 2022 | 4.09% | 13.75% | 0.27x | 1.11x | CN¥-114.97 Million |
| 2023 | 4.12% | 15.37% | 0.25x | 1.09x | CN¥-117.34 Million |
| 2024 | 1.37% | 4.52% | 0.28x | 1.10x | CN¥-175.49 Million |
Industry Comparison
This section compares Hongda High-Tech Holding Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,305,846,250
- Average return on equity (ROE) among peers: 1.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hongda High-Tech Holding Co Ltd (002144) | CN¥2.13 Billion | 23.59% | 0.08x | $232.55 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |