Suzhou Hesheng Special Material Co Ltd
Suzhou Hesheng Special Material Co., Ltd. engages in the production and sale of composite materials for home appliances in China and internationally. It operates through Home Appliance Composite Materials, Investment and Commercial Factoring and System Integration segments. The company offers PCM/VCM composite materials for use in refrigerators, washing machines, and air conditioners. Suzhou Hesh… Read more
Suzhou Hesheng Special Material Co Ltd (002290) - Net Assets
Latest net assets as of September 2025: CN¥950.02 Million CNY
Based on the latest financial reports, Suzhou Hesheng Special Material Co Ltd (002290) has net assets worth CN¥950.02 Million 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¥1.95 Billion) and total liabilities (CN¥996.07 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¥950.02 Million |
| % of Total Assets | 48.82% |
| Annual Growth Rate | 17.19% |
| 5-Year Change | 83.37% |
| 10-Year Change | -3.27% |
| Growth Volatility | 82.49 |
Suzhou Hesheng Special Material Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Suzhou Hesheng Special Material 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 Suzhou Hesheng Special Material Co Ltd (2006–2024)
The table below shows the annual net assets of Suzhou Hesheng Special Material Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥808.97 Million | +14.58% |
| 2023-12-31 | CN¥706.04 Million | +14.90% |
| 2022-12-31 | CN¥614.47 Million | +16.38% |
| 2021-12-31 | CN¥528.00 Million | +19.68% |
| 2020-12-31 | CN¥441.17 Million | +14.27% |
| 2019-12-31 | CN¥386.09 Million | -68.91% |
| 2018-12-31 | CN¥1.24 Billion | +2.79% |
| 2017-12-31 | CN¥1.21 Billion | +0.23% |
| 2016-12-31 | CN¥1.21 Billion | +44.13% |
| 2015-12-31 | CN¥836.28 Million | -0.40% |
| 2014-12-31 | CN¥839.61 Million | -13.65% |
| 2013-12-31 | CN¥972.37 Million | +0.93% |
| 2012-12-31 | CN¥963.43 Million | +1.02% |
| 2011-12-31 | CN¥953.68 Million | +4.28% |
| 2010-12-31 | CN¥914.56 Million | +9.36% |
| 2009-12-31 | CN¥836.28 Million | +301.73% |
| 2008-12-31 | CN¥208.17 Million | +47.01% |
| 2007-12-31 | CN¥141.60 Million | +204.47% |
| 2006-12-31 | CN¥46.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Hesheng Special Material 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 3419.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥248.11 Million | 30.83% |
| Other Comprehensive Income | CN¥44.24 Million | 5.50% |
| Other Components | CN¥1.15 Billion | 143.51% |
| Total Equity | CN¥804.65 Million | 100.00% |
Suzhou Hesheng Special Material Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Hesheng Special Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tandem Diabetes Care Inc
NASDAQ:TNDM
|
$1.44 Billion |
|
Soitec SA
PA:SOI
|
$1.44 Billion |
|
Global Blue Group Holding Ltd
NYSE:GB
|
$1.44 Billion |
|
Daqo New Energy Corp
F:5DQ2
|
$1.45 Billion |
|
Jiugui Liquor Co Ltd
SHE:000799
|
$1.44 Billion |
|
Capitalonline Data Service Co Ltd
SHE:300846
|
$1.44 Billion |
|
Arlo Technologies
NYSE:ARLO
|
$1.44 Billion |
|
De Longhi SpA
LSE:0E5M
|
$1.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Hesheng Special Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 706,041,627 to 804,645,702, a change of 98,604,075 (14.0%).
- Net income of 97,909,785 contributed positively to equity growth.
- Dividend payments of 6,255,861 reduced retained earnings.
- Other comprehensive income increased equity by 88,934,676.
- Other factors decreased equity by 81,984,525.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.91 Million | +12.17% |
| Dividends Paid | CN¥6.26 Million | -0.78% |
| Other Comprehensive Income | CN¥88.93 Million | +11.05% |
| Other Changes | CN¥-81.98 Million | -10.19% |
| Total Change | CN¥- | 13.97% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Hesheng Special Material 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: 19.52x
- 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 85.88x to 19.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.74 | CN¥63.30 | x |
| 2007-12-31 | CN¥1.15 | CN¥63.30 | x |
| 2008-12-31 | CN¥1.32 | CN¥63.30 | x |
| 2009-12-31 | CN¥4.75 | CN¥63.30 | x |
| 2010-12-31 | CN¥4.33 | CN¥63.30 | x |
| 2011-12-31 | CN¥4.48 | CN¥63.30 | x |
| 2012-12-31 | CN¥4.66 | CN¥63.30 | x |
| 2013-12-31 | CN¥4.54 | CN¥63.30 | x |
| 2014-12-31 | CN¥3.98 | CN¥63.30 | x |
| 2015-12-31 | CN¥3.85 | CN¥63.30 | x |
| 2016-12-31 | CN¥5.60 | CN¥63.30 | x |
| 2017-12-31 | CN¥5.10 | CN¥63.30 | x |
| 2018-12-31 | CN¥5.14 | CN¥63.30 | x |
| 2019-12-31 | CN¥1.59 | CN¥63.30 | x |
| 2020-12-31 | CN¥1.82 | CN¥63.30 | x |
| 2021-12-31 | CN¥2.18 | CN¥63.30 | x |
| 2022-12-31 | CN¥2.51 | CN¥63.30 | x |
| 2023-12-31 | CN¥2.86 | CN¥63.30 | x |
| 2024-12-31 | CN¥3.24 | CN¥63.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Hesheng Special Material 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): 12.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.88%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 2.22x
- Recent ROE (12.17%) is above the historical average (-6.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 37.15% | 7.48% | 1.60x | 3.11x | CN¥12.63 Million |
| 2007 | 30.94% | 9.71% | 1.61x | 1.98x | CN¥29.66 Million |
| 2008 | 31.98% | 9.34% | 1.85x | 1.85x | CN¥45.75 Million |
| 2009 | 9.33% | 11.72% | 0.67x | 1.19x | CN¥-5.64 Million |
| 2010 | 10.39% | 8.96% | 0.93x | 1.25x | CN¥3.55 Million |
| 2011 | 6.47% | 5.43% | 0.90x | 1.32x | CN¥-33.67 Million |
| 2012 | 2.57% | 2.16% | 0.85x | 1.40x | CN¥-71.55 Million |
| 2013 | 3.09% | 2.75% | 0.81x | 1.38x | CN¥-67.23 Million |
| 2014 | -14.56% | -10.32% | 0.83x | 1.70x | CN¥-206.18 Million |
| 2015 | 3.38% | 2.61% | 0.81x | 1.60x | CN¥-55.36 Million |
| 2016 | 2.32% | 2.66% | 0.54x | 1.62x | CN¥-92.57 Million |
| 2017 | 0.20% | 0.17% | 0.44x | 2.68x | CN¥-118.44 Million |
| 2018 | 5.06% | 3.62% | 0.51x | 2.72x | CN¥-61.35 Million |
| 2019 | -310.32% | -69.42% | 1.13x | 3.94x | CN¥-1.24 Billion |
| 2020 | 12.48% | 3.02% | 1.26x | 3.28x | CN¥10.96 Million |
| 2021 | 15.53% | 3.61% | 1.39x | 3.10x | CN¥29.18 Million |
| 2022 | 10.73% | 3.09% | 1.40x | 2.49x | CN¥4.49 Million |
| 2023 | 11.72% | 3.54% | 1.33x | 2.50x | CN¥12.17 Million |
| 2024 | 12.17% | 3.88% | 1.41x | 2.22x | CN¥17.45 Million |
Industry Comparison
This section compares Suzhou Hesheng Special Material Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Hesheng Special Material Co Ltd (002290) | CN¥950.02 Million | 37.15% | 1.05x | $1.44 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |