Holitech Technology Co Ltd (002217) - Net Assets
Based on the latest financial reports, Holitech Technology Co Ltd (002217) has net assets worth CN¥1.91 Billion CNY (≈ $279.10 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¥2.52 Billion ≈ $368.37 Million USD) and total liabilities (CN¥610.07 Million ≈ $89.27 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 002217 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.91 Billion |
| % of Total Assets | 75.77% |
| Annual Growth Rate | 19.75% |
| 5-Year Change | -81.93% |
| 10-Year Change | -65.9% |
| Growth Volatility | 89.34 |
Holitech Technology Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Holitech Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Holitech Technology Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Holitech Technology Co Ltd (2004–2024)
The table below shows the annual net assets of Holitech Technology Co Ltd from 2004 to 2024. For live valuation and market cap data, see Holitech Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion ≈ $276.05 Million |
+130.96% |
| 2023-12-31 | CN¥-6.09 Billion ≈ $-891.55 Million |
-193.45% |
| 2022-12-31 | CN¥6.52 Billion ≈ $954.04 Million |
-37.93% |
| 2021-12-31 | CN¥10.50 Billion ≈ $1.54 Billion |
+0.60% |
| 2020-12-31 | CN¥10.44 Billion ≈ $1.53 Billion |
-22.89% |
| 2019-12-31 | CN¥13.54 Billion ≈ $1.98 Billion |
+21.36% |
| 2018-12-31 | CN¥11.16 Billion ≈ $1.63 Billion |
+10.98% |
| 2017-12-31 | CN¥10.05 Billion ≈ $1.47 Billion |
+11.78% |
| 2016-12-31 | CN¥9.00 Billion ≈ $1.32 Billion |
+62.57% |
| 2015-12-31 | CN¥5.53 Billion ≈ $809.64 Million |
+203.97% |
| 2014-12-31 | CN¥1.82 Billion ≈ $266.36 Million |
+119.48% |
| 2013-12-31 | CN¥829.33 Million ≈ $121.36 Million |
-7.89% |
| 2012-12-31 | CN¥900.35 Million ≈ $131.75 Million |
-4.18% |
| 2011-12-31 | CN¥939.60 Million ≈ $137.49 Million |
+11.09% |
| 2010-12-31 | CN¥845.81 Million ≈ $123.77 Million |
+11.30% |
| 2009-12-31 | CN¥759.97 Million ≈ $111.21 Million |
+7.62% |
| 2008-12-31 | CN¥706.18 Million ≈ $103.34 Million |
+237.43% |
| 2007-12-31 | CN¥209.28 Million ≈ $30.62 Million |
+40.60% |
| 2006-12-31 | CN¥148.85 Million ≈ $21.78 Million |
+37.92% |
| 2005-12-31 | CN¥107.92 Million ≈ $15.79 Million |
+110.46% |
| 2004-12-31 | CN¥51.28 Million ≈ $7.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Holitech Technology 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 decreased by 41247.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥7.48 Billion | 403.01% |
| Other Comprehensive Income | CN¥376.81 Million | 20.30% |
| Other Components | CN¥7.63 Billion | 411.21% |
| Total Equity | CN¥1.86 Billion | 100.00% |
Holitech Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Holitech Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avient Corp
NYSE:AVNT
|
$3.16 Billion |
|
China National Medicines Corp Ltd
SHG:600511
|
$3.16 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
$3.16 Billion |
|
Red Rock Resorts Inc
NASDAQ:RRR
|
$3.17 Billion |
|
Titan Wind Energy Suzhou
SHE:002531
|
$3.16 Billion |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
$3.16 Billion |
|
Cholamandalam Financial Holdings Limited
NSE:CHOLAHLDNG
|
$3.16 Billion |
|
Yongan Futures Co.Ltd.
SHG:600927
|
$3.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Holitech Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -6,516,706,420 to 1,855,899,796, a change of 8,372,606,216.
- Net income of 1,519,226,636 contributed positively to equity growth.
- Dividend payments of 41,976,702 reduced retained earnings.
- Other comprehensive income increased equity by 368,607,906.
- Other factors increased equity by 6,526,748,376.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.52 Billion | +81.86% |
| Dividends Paid | CN¥41.98 Million | -2.26% |
| Other Comprehensive Income | CN¥368.61 Million | +19.86% |
| Other Changes | CN¥6.53 Billion | +351.68% |
| Total Change | CN¥- | % |
Book Value vs Market Value Analysis
This analysis compares Holitech Technology 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: 8.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 268.52x to 8.79x 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¥0.01 | CN¥2.89 | x |
| 2005-12-31 | CN¥0.21 | CN¥2.89 | x |
| 2006-12-31 | CN¥0.29 | CN¥2.89 | x |
| 2007-12-31 | CN¥0.40 | CN¥2.89 | x |
| 2008-12-31 | CN¥1.07 | CN¥2.89 | x |
| 2009-12-31 | CN¥1.12 | CN¥2.89 | x |
| 2010-12-31 | CN¥1.24 | CN¥2.89 | x |
| 2011-12-31 | CN¥1.37 | CN¥2.89 | x |
| 2012-12-31 | CN¥1.14 | CN¥2.89 | x |
| 2013-12-31 | CN¥0.60 | CN¥2.89 | x |
| 2014-12-31 | CN¥0.93 | CN¥2.89 | x |
| 2015-12-31 | CN¥2.41 | CN¥2.89 | x |
| 2016-12-31 | CN¥2.98 | CN¥2.89 | x |
| 2017-12-31 | CN¥3.24 | CN¥2.89 | x |
| 2018-12-31 | CN¥3.57 | CN¥2.89 | x |
| 2019-12-31 | CN¥3.88 | CN¥2.89 | x |
| 2020-12-31 | CN¥2.84 | CN¥2.89 | x |
| 2021-12-31 | CN¥2.87 | CN¥2.89 | x |
| 2022-12-31 | CN¥1.76 | CN¥2.89 | x |
| 2023-12-31 | CN¥-2.09 | CN¥2.89 | x |
| 2024-12-31 | CN¥0.33 | CN¥2.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Holitech Technology 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): 81.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 114.52%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.40x
- Recent ROE (81.86%) is above the historical average (13.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 59.02% | 11.37% | 1.29x | 4.02x | CN¥24.52 Million |
| 2005 | 51.56% | 13.78% | 1.31x | 2.86x | CN¥44.11 Million |
| 2006 | 32.35% | 10.67% | 1.05x | 2.88x | CN¥32.44 Million |
| 2007 | 32.67% | 12.47% | 1.21x | 2.16x | CN¥45.87 Million |
| 2008 | 22.12% | 19.18% | 0.85x | 1.35x | CN¥83.21 Million |
| 2009 | 10.70% | 13.83% | 0.51x | 1.51x | CN¥5.25 Million |
| 2010 | 10.24% | 9.78% | 0.67x | 1.57x | CN¥1.98 Million |
| 2011 | 11.72% | 7.93% | 0.94x | 1.56x | CN¥15.90 Million |
| 2012 | -1.31% | -0.99% | 0.80x | 1.67x | CN¥-100.48 Million |
| 2013 | 17.48% | 12.35% | 0.81x | 1.75x | CN¥61.48 Million |
| 2014 | 8.09% | 4.82% | 0.95x | 1.76x | CN¥-34.80 Million |
| 2015 | 3.94% | 4.40% | 0.54x | 1.66x | CN¥-334.96 Million |
| 2016 | 9.72% | 7.38% | 0.70x | 1.89x | CN¥-25.38 Million |
| 2017 | 11.74% | 7.81% | 0.71x | 2.11x | CN¥174.97 Million |
| 2018 | 12.14% | 8.04% | 0.62x | 2.45x | CN¥239.33 Million |
| 2019 | 8.55% | 5.55% | 0.54x | 2.84x | CN¥-175.82 Million |
| 2020 | -35.18% | -18.18% | 0.56x | 3.43x | CN¥-4.00 Billion |
| 2021 | 0.86% | 0.47% | 0.55x | 3.28x | CN¥-817.75 Million |
| 2022 | -63.18% | -29.10% | 0.51x | 4.24x | CN¥-4.01 Billion |
| 2023 | 0.00% | -261.10% | 0.61x | 0.00x | CN¥-11.44 Billion |
| 2024 | 81.86% | 114.52% | 0.51x | 1.40x | CN¥1.33 Billion |
Industry Comparison
This section compares Holitech Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Holitech Technology Co Ltd (002217) | CN¥1.91 Billion | 59.02% | 0.32x | $3.16 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Holitech Technology Co Ltd
Holitech Technology Co., Ltd. engages in the manufacture and sale of components for smart terminals in China and internationally. The company offers display modules, touch panels, cover glass, photoelectric sensor products, camera and fingerprint identification modules, electronic paper eco-chain modules, backlight modules, flexible circuit boards, and application products. Its products are used … Read more