Huaming Power Equipment Co Ltd (002270) - Net Assets

Latest as of September 2025: CN¥3.20 Billion CNY ≈ $468.88 Million USD

Based on the latest financial reports, Huaming Power Equipment Co Ltd (002270) has net assets worth CN¥3.20 Billion CNY (≈ $468.88 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¥4.56 Billion ≈ $666.55 Million USD) and total liabilities (CN¥1.35 Billion ≈ $197.66 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 002270 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.20 Billion
% of Total Assets	70.35%
Annual Growth Rate	18.53%
5-Year Change	21.61%
10-Year Change	89.41%
Growth Volatility	63.49

Huaming Power Equipment Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Huaming Power Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002270 asset base for the complete picture of this company's asset base.

Annual Net Assets for Huaming Power Equipment Co Ltd (2005–2024)

The table below shows the annual net assets of Huaming Power Equipment Co Ltd from 2005 to 2024. For live valuation and market cap data, see how much is Huaming Power Equipment Co Ltd worth.

Year	Net Assets	Change
2024-12-31	CN¥3.18 Billion ≈ $465.53 Million	-5.39%
2023-12-31	CN¥3.36 Billion ≈ $492.07 Million	+0.72%
2022-12-31	CN¥3.34 Billion ≈ $488.55 Million	+17.15%
2021-12-31	CN¥2.85 Billion ≈ $417.02 Million	+8.94%
2020-12-31	CN¥2.62 Billion ≈ $382.80 Million	+8.57%
2019-12-31	CN¥2.41 Billion ≈ $352.57 Million	+2.62%
2018-12-31	CN¥2.35 Billion ≈ $343.58 Million	+7.66%
2017-12-31	CN¥2.18 Billion ≈ $319.13 Million	+16.10%
2016-12-31	CN¥1.88 Billion ≈ $274.87 Million	+11.84%
2015-12-31	CN¥1.68 Billion ≈ $245.78 Million	+184.36%
2014-12-31	CN¥590.66 Million ≈ $86.43 Million	+1.53%
2013-12-31	CN¥581.74 Million ≈ $85.13 Million	+1.58%
2012-12-31	CN¥572.69 Million ≈ $83.80 Million	+2.11%
2011-12-31	CN¥560.86 Million ≈ $82.07 Million	+2.24%
2010-12-31	CN¥548.60 Million ≈ $80.28 Million	-0.63%
2009-12-31	CN¥552.09 Million ≈ $80.79 Million	+9.40%
2008-12-31	CN¥504.64 Million ≈ $73.85 Million	+234.49%
2007-12-31	CN¥150.87 Million ≈ $22.08 Million	-9.59%
2006-12-31	CN¥166.87 Million ≈ $24.42 Million	+32.65%
2005-12-31	CN¥125.79 Million ≈ $18.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Huaming Power Equipment 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 1511.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.68 Billion	53.14%
Common Stock	CN¥227.25 Million	7.18%
Other Comprehensive Income	CN¥-8.54 Million	-0.27%
Other Components	CN¥1.26 Billion	39.95%
Total Equity	CN¥3.17 Billion	100.00%

Huaming Power Equipment Co Ltd Competitors by Market Cap

The table below lists competitors of Huaming Power Equipment Co Ltd ranked by their market capitalization.

Company	Market Cap
Sumber Alfaria Trijaya Tbk JK:AMRT	$3.21 Billion
Korn Ferry NYSE:KFY	$3.21 Billion
BankUnited Inc NYSE:BKU	$3.22 Billion
Bank of Guiyang Co Ltd SHG:601997	$3.22 Billion
BillionToOne, Inc. Class A Common Stock NASDAQ:BLLN	$3.21 Billion
Blackstone Mortgage Trust Inc NYSE:BXMT	$3.21 Billion
Palomar Holdings Inc NASDAQ:PLMR	$3.21 Billion
Enea S.A. WAR:ENA	$3.21 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Huaming Power Equipment Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,350,005,160 to 3,165,709,972, a change of -184,295,188 (-5.5%).
Net income of 614,298,736 contributed positively to equity growth.
Dividend payments of 744,090,461 reduced retained earnings.
Other comprehensive income decreased equity by 8,537,352.
Other factors decreased equity by 45,966,111.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥614.30 Million	+19.4%
Dividends Paid	CN¥744.09 Million	-23.5%
Other Comprehensive Income	CN¥-8.54 Million	-0.27%
Other Changes	CN¥-45.97 Million	-1.45%
Total Change	CN¥-	-5.50%

Book Value vs Market Value Analysis

This analysis compares Huaming Power Equipment 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: 6.89x
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 174.48x to 6.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CN¥0.14	CN¥24.49	x
2006-12-31	CN¥0.19	CN¥24.49	x
2007-12-31	CN¥0.70	CN¥24.49	x
2008-12-31	CN¥2.16	CN¥24.49	x
2009-12-31	CN¥1.96	CN¥24.49	x
2010-12-31	CN¥1.98	CN¥24.49	x
2011-12-31	CN¥2.51	CN¥24.49	x
2012-12-31	CN¥2.00	CN¥24.49	x
2013-12-31	CN¥2.09	CN¥24.49	x
2014-12-31	CN¥1.40	CN¥24.49	x
2015-12-31	CN¥3.96	CN¥24.49	x
2016-12-31	CN¥2.47	CN¥24.49	x
2017-12-31	CN¥2.84	CN¥24.49	x
2018-12-31	CN¥3.06	CN¥24.49	x
2019-12-31	CN¥3.17	CN¥24.49	x
2020-12-31	CN¥3.43	CN¥24.49	x
2021-12-31	CN¥3.75	CN¥24.49	x
2022-12-31	CN¥3.90	CN¥24.49	x
2023-12-31	CN¥3.77	CN¥24.49	x
2024-12-31	CN¥3.56	CN¥24.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Huaming Power Equipment 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): 19.40%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 26.45%
• Asset Turnover: 0.52x
• Equity Multiplier: 1.41x
Recent ROE (19.40%) is above the historical average (14.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	32.72%	28.09%	0.75x	1.55x	CN¥28.58 Million
2006	22.59%	20.38%	0.75x	1.48x	CN¥21.00 Million
2007	35.05%	20.54%	0.70x	2.42x	CN¥37.77 Million
2008	11.18%	18.03%	0.44x	1.41x	CN¥5.95 Million
2009	11.24%	15.75%	0.52x	1.36x	CN¥6.86 Million
2010	4.67%	8.11%	0.39x	1.49x	CN¥-29.25 Million
2011	4.78%	7.42%	0.45x	1.44x	CN¥-29.27 Million
2012	3.33%	2.75%	0.84x	1.44x	CN¥-38.21 Million
2013	3.19%	2.91%	0.79x	1.40x	CN¥-39.62 Million
2014	27.61%	28.52%	0.74x	1.30x	CN¥104.02 Million
2015	12.13%	33.72%	0.30x	1.21x	CN¥35.72 Million
2016	12.66%	22.87%	0.46x	1.22x	CN¥49.85 Million
2017	14.08%	16.94%	0.57x	1.46x	CN¥88.81 Million
2018	7.19%	14.15%	0.29x	1.78x	CN¥-64.04 Million
2019	6.28%	12.56%	0.31x	1.60x	CN¥-89.33 Million
2020	11.03%	21.00%	0.34x	1.56x	CN¥26.82 Million
2021	14.64%	27.21%	0.37x	1.44x	CN¥132.15 Million
2022	10.78%	21.00%	0.38x	1.33x	CN¥26.05 Million
2023	16.19%	27.66%	0.43x	1.35x	CN¥207.40 Million
2024	19.40%	26.45%	0.52x	1.41x	CN¥297.73 Million

Industry Comparison

This section compares Huaming Power Equipment Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Huaming Power Equipment Co Ltd (002270)	CN¥3.20 Billion	32.72%	0.42x	$3.21 Billion
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Huaming Power Equipment Co Ltd

SHE:002270 China Specialty Industrial Machinery

Market Cap

$3.21 Billion

CN¥21.95 Billion CNY

Market Cap Rank

#4741 Global

#875 in China

Share Price

CN¥24.49

Change (1 day)

-3.96%

52-Week Range

CN¥15.24 - CN¥37.70

All Time High

CN¥37.70