Haining China Leather Market Co Ltd Net Assets
Haining China Leather Market Co Ltd net assets. Based on the latest financial reports, Haining China Leather Market Co Ltd (002344) has net assets worth CN¥8.74 Billion CNY (≈ $1.28 Billion 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¥13.28 Billion ≈ $1.94 Billion USD) and total liabilities (CN¥4.54 Billion ≈ $664.88 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. Also explore Haining China Leather Market Co Ltd (002344) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.74 Billion |
| % of Total Assets | 65.78% |
| Annual Growth Rate | 24.11% |
| 5-Year Change | 6.52% |
| 10-Year Change | 20.8% |
| Growth Volatility | 60.75 |
Net Assets of Haining China Leather Market Co Ltd (2006–2025)
Net assets of Haining China Leather Market Co Ltd from 2006 to 2025. This chart illustrates how Haining China Leather Market Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002344 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Haining China Leather Market Co Ltd (2006–2025)
The table below shows the annual net assets of Haining China Leather Market Co Ltd from 2006 to 2025. For live market cap and overall valuation, see how much is Haining China Leather Market Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥8.68 Billion ≈ $1.27 Billion |
-0.27% |
| 2024-12-31 | CN¥8.71 Billion ≈ $1.27 Billion |
+1.16% |
| 2023-12-31 | CN¥8.61 Billion ≈ $1.26 Billion |
+1.59% |
| 2022-12-31 | CN¥8.47 Billion ≈ $1.24 Billion |
+3.94% |
| 2021-12-31 | CN¥8.15 Billion ≈ $1.19 Billion |
+5.35% |
| 2020-12-31 | CN¥7.74 Billion ≈ $1.13 Billion |
+2.13% |
| 2019-12-31 | CN¥7.58 Billion ≈ $1.11 Billion |
+0.94% |
| 2018-12-31 | CN¥7.50 Billion ≈ $1.10 Billion |
+1.35% |
| 2017-12-31 | CN¥7.41 Billion ≈ $1.08 Billion |
+3.04% |
| 2016-12-31 | CN¥7.19 Billion ≈ $1.05 Billion |
+44.19% |
| 2015-12-31 | CN¥4.98 Billion ≈ $729.35 Million |
+3.79% |
| 2014-12-31 | CN¥4.80 Billion ≈ $702.71 Million |
+21.99% |
| 2013-12-31 | CN¥3.94 Billion ≈ $576.05 Million |
+30.19% |
| 2012-12-31 | CN¥3.02 Billion ≈ $442.46 Million |
+25.00% |
| 2011-12-31 | CN¥2.42 Billion ≈ $353.97 Million |
+22.19% |
| 2010-12-31 | CN¥1.98 Billion ≈ $289.69 Million |
+245.45% |
| 2009-12-31 | CN¥573.07 Million ≈ $83.86 Million |
+23.68% |
| 2008-12-31 | CN¥463.35 Million ≈ $67.80 Million |
+26.63% |
| 2007-12-31 | CN¥365.90 Million ≈ $53.54 Million |
+155.34% |
| 2006-12-31 | CN¥143.30 Million ≈ $20.97 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Haining China Leather Market 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 11184.1% over the analyzed period, indicating profitable operations and earnings retention.
Haining China Leather Market Co Ltd Net Assets Breakdown (December 2025)
Haining China Leather Market Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.04 Billion | 59.97% |
| Other Components | CN¥3.37 Billion | 40.03% |
| Total Equity | CN¥8.41 Billion | 100.00% |
Haining China Leather Market Co Ltd Competitors by Market Cap
The table below lists competitors of Haining China Leather Market Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FastPartner AB (publ)
ST:FPAR-A
|
$722.87 Million |
|
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
SHG:603507
|
$723.05 Million |
|
MorningStar Partners, L.P.
NYSE:TXO
|
$723.12 Million |
|
Thanh Thanh Cong Tay Ninh JSC
VN:SBT
|
$723.21 Million |
|
Yesway, Inc. Class A Common Stock
NASDAQ:YSWY
|
$722.57 Million |
|
Cresud SA
BA:CRES
|
$722.56 Million |
|
Pet Acquisition LLC
NASDAQ:WOOF
|
$722.48 Million |
|
Hiconics Drive Tech Co
SHE:300048
|
$722.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haining China Leather Market Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,438,077,424 to 8,410,587,769, a change of -27,489,655 (-0.3%).
- Net income of 70,608,732 contributed positively to equity growth.
- Dividend payments of 75,768,835 reduced retained earnings.
- Other comprehensive income decreased equity by 503,961,246.
- Other factors increased equity by 481,631,694.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥70.61 Million | +0.84% |
| Dividends Paid | CN¥75.77 Million | -0.9% |
| Other Comprehensive Income | CN¥-503.96 Million | -5.99% |
| Other Changes | CN¥481.63 Million | +5.73% |
| Total Change | CN¥- | -0.33% |
Book Value vs Market Value Analysis
This analysis compares Haining China Leather Market 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: 0.59x
- 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 23.65x to 0.59x 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¥0.16 | CN¥3.85 | x |
| 2007-12-31 | CN¥0.43 | CN¥3.85 | x |
| 2008-12-31 | CN¥0.52 | CN¥3.85 | x |
| 2009-12-31 | CN¥0.64 | CN¥3.85 | x |
| 2010-12-31 | CN¥1.79 | CN¥3.85 | x |
| 2011-12-31 | CN¥2.09 | CN¥3.85 | x |
| 2012-12-31 | CN¥2.60 | CN¥3.85 | x |
| 2013-12-31 | CN¥3.41 | CN¥3.85 | x |
| 2014-12-31 | CN¥4.11 | CN¥3.85 | x |
| 2015-12-31 | CN¥4.34 | CN¥3.85 | x |
| 2016-12-31 | CN¥6.32 | CN¥3.85 | x |
| 2017-12-31 | CN¥5.81 | CN¥3.85 | x |
| 2018-12-31 | CN¥5.73 | CN¥3.85 | x |
| 2019-12-31 | CN¥5.94 | CN¥3.85 | x |
| 2020-12-31 | CN¥5.95 | CN¥3.85 | x |
| 2021-12-31 | CN¥6.36 | CN¥3.85 | x |
| 2022-12-31 | CN¥6.41 | CN¥3.85 | x |
| 2023-12-31 | CN¥6.60 | CN¥3.85 | x |
| 2024-12-31 | CN¥6.65 | CN¥3.85 | x |
| 2025-12-31 | CN¥6.56 | CN¥3.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haining China Leather Market 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): 0.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.68%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.57x
- Recent ROE (0.84%) is below the historical average (11.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 26.27% | 8.14% | 0.35x | 9.22x | CN¥21.97 Million |
| 2007 | 22.74% | 12.50% | 0.50x | 3.66x | CN¥45.32 Million |
| 2008 | 19.22% | 13.10% | 0.46x | 3.17x | CN¥40.59 Million |
| 2009 | 17.93% | 17.40% | 0.29x | 3.53x | CN¥43.05 Million |
| 2010 | 12.82% | 24.60% | 0.24x | 2.21x | CN¥55.20 Million |
| 2011 | 22.49% | 28.39% | 0.38x | 2.09x | CN¥292.64 Million |
| 2012 | 24.23% | 31.15% | 0.36x | 2.14x | CN¥413.77 Million |
| 2013 | 27.28% | 35.43% | 0.39x | 1.97x | CN¥658.16 Million |
| 2014 | 20.46% | 38.38% | 0.28x | 1.90x | CN¥478.70 Million |
| 2015 | 11.29% | 29.66% | 0.18x | 2.12x | CN¥62.80 Million |
| 2016 | 7.75% | 25.20% | 0.17x | 1.85x | CN¥-159.23 Million |
| 2017 | 4.13% | 16.49% | 0.17x | 1.45x | CN¥-430.07 Million |
| 2018 | 4.88% | 21.39% | 0.15x | 1.48x | CN¥-381.64 Million |
| 2019 | 3.70% | 19.95% | 0.13x | 1.41x | CN¥-475.18 Million |
| 2020 | 2.52% | 13.72% | 0.13x | 1.43x | CN¥-576.97 Million |
| 2021 | 4.09% | 22.61% | 0.12x | 1.49x | CN¥-473.99 Million |
| 2022 | 3.27% | 19.88% | 0.10x | 1.67x | CN¥-554.92 Million |
| 2023 | 2.12% | 13.99% | 0.10x | 1.55x | CN¥-659.54 Million |
| 2024 | 1.05% | 8.25% | 0.08x | 1.57x | CN¥-754.97 Million |
| 2025 | 0.84% | 6.68% | 0.08x | 1.57x | CN¥-770.45 Million |
Industry Comparison
This section compares Haining China Leather Market Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $2,400,949,558
- Average return on equity (ROE) among peers: 3.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haining China Leather Market Co Ltd (002344) | CN¥8.74 Billion | 26.27% | 0.52x | $722.60 Million |
| Suning Commerce Group Co Ltd (002024) | $9.11 Billion | 23.82% | 1.37x | $1.46 Billion |
| Shenzhen Haoningda Meters Co Ltd (002356) | $934.11 Million | 3.14% | 0.28x | $448.99 Million |
| Zhejiang Aishida Electric Co Ltd (002403) | $1.64 Billion | -23.02% | 1.86x | $526.87 Million |
| Shenzhen Aisidi Co Ltd (002416) | $3.97 Billion | -6.54% | 0.88x | $1.42 Billion |
| Beijing Sanfo Outdoor Products Co Ltd (002780) | $716.32 Million | -3.65% | 0.41x | $318.92 Million |
| Doctorglasses Chain Co Ltd (300622) | $233.35 Million | 15.12% | 0.21x | $725.39 Million |
| BYBON Group Co Ltd Class A (300736) | $160.46 Million | 4.06% | 0.49x | $489.55 Million |
| Kidswant Children Products Co.Ltd. (301078) | $3.30 Billion | 3.19% | 1.91x | $1.21 Billion |
| Ziel Home Furnishing Technology Co. Ltd. A (301376) | $1.54 Billion | 15.57% | 1.22x | $1.24 Billion |
About Haining China Leather Market Co Ltd
Haining China Leather Market Co.,Ltd engages in the development, leasing, and service of specialized leather market in China. The company engages in the wholesale and retail transaction of leather garments to include raw material supply, fashion business parks, factory leasing, design and R&D, fashion shows, fashion wholesale, headquarters business, exhibitions and foreign trade, e-commerce live … Read more