Hongda High-Tech Holding Co Ltd (002144) - Net Assets

Latest as of September 2025: CN¥2.13 Billion CNY ≈ $311.61 Million USD

Based on the latest financial reports, Hongda High-Tech Holding Co Ltd (002144) has net assets worth CN¥2.13 Billion CNY (≈ $311.61 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¥2.29 Billion ≈ $335.69 Million USD) and total liabilities (CN¥164.56 Million ≈ $24.08 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 Hongda High-Tech Holding Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Hongda High-Tech Holding Co Ltd total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Hongda High-Tech Holding Co Ltd.

Year Net Assets Change
2024-12-31 CN¥2.04 Billion
≈ $298.39 Million		 +1.91%
2023-12-31 CN¥2.00 Billion
≈ $292.79 Million		 +2.53%
2022-12-31 CN¥1.95 Billion
≈ $285.56 Million		 +4.76%
2021-12-31 CN¥1.86 Billion
≈ $272.58 Million		 +5.39%
2020-12-31 CN¥1.77 Billion
≈ $258.64 Million		 +2.42%
2019-12-31 CN¥1.73 Billion
≈ $252.53 Million		 +3.48%
2018-12-31 CN¥1.67 Billion
≈ $244.05 Million		 -1.20%
2017-12-31 CN¥1.69 Billion
≈ $247.02 Million		 -0.60%
2016-12-31 CN¥1.70 Billion
≈ $248.50 Million		 -0.41%
2015-12-31 CN¥1.71 Billion
≈ $249.53 Million		 -0.86%
2014-12-31 CN¥1.72 Billion
≈ $251.69 Million		 -7.56%
2013-12-31 CN¥1.86 Billion
≈ $272.28 Million		 +48.10%
2012-12-31 CN¥1.26 Billion
≈ $183.85 Million		 +13.99%
2011-12-31 CN¥1.10 Billion
≈ $161.29 Million		 -2.91%
2010-12-31 CN¥1.14 Billion
≈ $166.13 Million		 +286.92%
2009-12-31 CN¥293.42 Million
≈ $42.94 Million		 +0.21%
2008-12-31 CN¥292.79 Million
≈ $42.84 Million		 -1.18%
2007-12-31 CN¥296.30 Million
≈ $43.36 Million		 +113.10%
2006-12-31 CN¥139.04 Million
≈ $20.35 Million		 +8.50%
2005-12-31 CN¥128.15 Million
≈ $18.75 Million		 +4.47%
2004-12-31 CN¥122.66 Million
≈ $17.95 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
Flagship Communities Real Estate Investment Trust
TO:MHC-U
 $368.64 Million
Shanghai Kaichuang Marine International Co Ltd
SHG:600097
 $368.78 Million
Alvarium Tiedemann Holdings Inc.
NASDAQ:ALTI
 $368.87 Million
Jiangsu Hongde Special Parts Co.Ltd.
SHE:301163
 $368.97 Million
Dingdong (Cayman) Limited ADR
NYSE:DDL
 $368.51 Million
Anaergia Inc
TO:ANRG
 $368.32 Million
Mesabi Trust
NYSE:MSB
 $368.15 Million
Kolte - Patil Developers Limited
NSE:KOLTEPATIL
 $367.94 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: 1.24x
  • 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 9.34x to 1.24x 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¥14.25 x
2005-12-31 CN¥1.54 CN¥14.25 x
2006-12-31 CN¥1.69 CN¥14.25 x
2007-12-31 CN¥3.24 CN¥14.25 x
2008-12-31 CN¥2.52 CN¥14.25 x
2009-12-31 CN¥2.60 CN¥14.25 x
2010-12-31 CN¥9.05 CN¥14.25 x
2011-12-31 CN¥7.23 CN¥14.25 x
2012-12-31 CN¥8.31 CN¥14.25 x
2013-12-31 CN¥10.99 CN¥14.25 x
2014-12-31 CN¥9.65 CN¥14.25 x
2015-12-31 CN¥9.70 CN¥14.25 x
2016-12-31 CN¥9.59 CN¥14.25 x
2017-12-31 CN¥9.61 CN¥14.25 x
2018-12-31 CN¥9.35 CN¥14.25 x
2019-12-31 CN¥9.76 CN¥14.25 x
2020-12-31 CN¥9.98 CN¥14.25 x
2021-12-31 CN¥10.52 CN¥14.25 x
2022-12-31 CN¥11.01 CN¥14.25 x
2023-12-31 CN¥11.41 CN¥14.25 x
2024-12-31 CN¥11.51 CN¥14.25 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: $2,542,306,163
  • Average return on equity (ROE) among peers: 3.17%

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 $368.59 Million
Shenzhen Textile Holdings Co Ltd (000045) $3.46 Billion -0.66% 0.34x $803.19 Million
Shijiazhuang Changshan Textile Co Ltd (000158) $1.19 Billion 7.88% 0.59x $4.02 Billion
Jilin Chemical Fibre Co Ltd (000420) $288.96 Million 0.00% 1.67x $1.84 Billion
Lu Thai Textile Co Ltd (000726) $7.78 Billion 10.82% 0.31x $566.63 Million
Anhui Huamao Textile Co Ltd (000850) $4.54 Billion -4.05% 0.61x $626.92 Million
Xinxiang Chemical Fiber Co Ltd (000949) $1.73 Billion 1.75% 1.49x $1.96 Billion
Xinlong Holding Group Co Ltd (000955) $755.81 Million 6.01% 0.76x $409.68 Million
Huafu Top Dyed Melange Yarn Co Ltd (002042) $284.04 Million 2.07% 1.02x $1.23 Billion
Sunvim Group Co Ltd (002083) $2.85 Billion 4.73% 1.59x $1.57 Billion

About Hongda High-Tech Holding Co Ltd

SHE:002144 China Textile Manufacturing
Market Cap
$368.59 Million
CN¥2.52 Billion CNY
Market Cap Rank
#14084 Global
#4433 in China
Share Price
CN¥14.25
Change (1 day)
-0.21%
52-Week Range
CN¥10.94 - CN¥17.04
All Time High
CN¥27.88
Categories
Companies in China Textile Manufacturing
About

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