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

Latest as of March 2026: CN¥2.14 Billion CNY ≈ $313.82 Million USD

Based on the latest financial reports, Hongda High-Tech Holding Co Ltd (002144) has net assets worth CN¥2.14 Billion CNY (≈ $313.82 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.32 Billion ≈ $339.27 Million USD) and total liabilities (CN¥173.92 Million ≈ $25.45 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 tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.14 Billion
% of Total Assets	92.5%
Annual Growth Rate	14.55%
5-Year Change	14.19%
10-Year Change	25.25%
Growth Volatility	64.24

Hongda High-Tech Holding Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Hongda High-Tech Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Hongda High-Tech Holding Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hongda High-Tech Holding Co Ltd (2004–2025)

The table below shows the annual net assets of Hongda High-Tech Holding Co Ltd from 2004 to 2025. For live valuation and market cap data, see market value of Hongda High-Tech Holding Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥2.13 Billion ≈ $311.26 Million	+4.31%
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 2996.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥940.04 Million	44.23%
Other Components	CN¥1.19 Billion	55.77%
Total Equity	CN¥2.13 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
Companhia Brasileira de Distribuição F:C1B2	$287.63 Million
Karmarts Public Company Limited BK:KAMART	$287.76 Million
HCM IV Acquisition Corp. Class A Ordinary Share NASDAQ:HACQ	$287.79 Million
Eagle Nuclear Energy Corp. Common stock NASDAQ:NUCL	$287.81 Million
Taiwan Fire & Marine Insurance Co Ltd TW:2832	$287.40 Million
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS IS:VAKKO	$287.40 Million
Dk Tech Co.Ltd KQ:290550	$287.36 Million
Nuveen Core Plus Impact Fund NYSE:NPCT	$287.26 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 2024 to 2025, total equity changed from 2,034,300,674 to 2,125,247,849, a change of 90,947,175 (4.5%).
Net income of 43,248,412 contributed positively to equity growth.
Dividend payments of 8,850,853 reduced retained earnings.
Other comprehensive income decreased equity by 274,975,372.
Other factors increased equity by 331,524,988.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥43.25 Million	+2.03%
Dividends Paid	CN¥8.85 Million	-0.42%
Other Comprehensive Income	CN¥-274.98 Million	-12.94%
Other Changes	CN¥331.52 Million	+15.6%
Total Change	CN¥-	4.47%

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: 0.92x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 7.29x to 0.92x 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¥11.12	x
2005-12-31	CN¥1.54	CN¥11.12	x
2006-12-31	CN¥1.69	CN¥11.12	x
2007-12-31	CN¥3.24	CN¥11.12	x
2008-12-31	CN¥2.52	CN¥11.12	x
2009-12-31	CN¥2.60	CN¥11.12	x
2010-12-31	CN¥9.05	CN¥11.12	x
2011-12-31	CN¥7.23	CN¥11.12	x
2012-12-31	CN¥8.31	CN¥11.12	x
2013-12-31	CN¥10.99	CN¥11.12	x
2014-12-31	CN¥9.65	CN¥11.12	x
2015-12-31	CN¥9.70	CN¥11.12	x
2016-12-31	CN¥9.59	CN¥11.12	x
2017-12-31	CN¥9.61	CN¥11.12	x
2018-12-31	CN¥9.35	CN¥11.12	x
2019-12-31	CN¥9.82	CN¥11.12	x
2020-12-31	CN¥9.93	CN¥11.12	x
2021-12-31	CN¥10.61	CN¥11.12	x
2022-12-31	CN¥10.99	CN¥11.12	x
2023-12-31	CN¥11.41	CN¥11.12	x
2024-12-31	CN¥11.65	CN¥11.12	x
2025-12-31	CN¥12.02	CN¥11.12	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): 2.03%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.76%
• Asset Turnover: 0.21x
• Equity Multiplier: 1.08x
Recent ROE (2.03%) is below the historical average (6.43%), 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
2025	2.03%	8.76%	0.21x	1.08x	CN¥-169.28 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: $1,218,022,041
Average return on equity (ROE) among peers: 7.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hongda High-Tech Holding Co Ltd (002144)	CN¥2.14 Billion	23.59%	0.08x	$287.63 Million
Shenzhen Textile Holdings Co Ltd (000045)	$71.92 Million	28.15%	6.05x	$712.91 Million
Shijiazhuang Changshan Textile Co Ltd (000158)	$1.57 Billion	3.29%	1.14x	$3.61 Billion
Jilin Chemical Fibre Co Ltd (000420)	$2.96 Billion	-4.37%	1.97x	$1.52 Billion
Lu Thai Textile Co Ltd (000726)	$337.41 Million	19.10%	0.81x	$513.86 Million
Anhui Huamao Textile Co Ltd (000850)	$120.74 Million	24.96%	1.31x	$523.35 Million
Xinxiang Chemical Fiber Co Ltd (000949)	$1.70 Billion	-8.21%	1.60x	$1.60 Billion
Xinlong Holding Group Co Ltd (000955)	$642.48 Million	-17.63%	0.77x	$319.86 Million
Huafu Top Dyed Melange Yarn Co Ltd (002042)	$3.12 Billion	2.91%	1.57x	$905.86 Million
Sunvim Group Co Ltd (002083)	$446.91 Million	16.65%	3.57x	$1.34 Billion

About Hongda High-Tech Holding Co Ltd

SHE:002144 China Textile Manufacturing

Market Cap

$287.63 Million

CN¥1.97 Billion CNY

Market Cap Rank

#15166 Global

#4513 in China

Share Price

CN¥11.12

Change (1 day)

+0.45%

52-Week Range

CN¥11.00 - CN¥17.04

All Time High

CN¥27.88