Shandong Hongchuang Aluminum Industry Holding Co Ltd
Shandong Hongqiao Aluminum Industry Holding Company Limited manufactures and sells aluminum products in China and internationally. The company offers casting coils, cold rolling coils, household foils, beer wrap foils, pharmaceutical foils, such as PTP and cold forming, container foils, and decorative foils. It also offers blister foil, battery foil and cable foil and so on. In addition, the comp… Read more
Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) - Net Assets
Latest net assets as of September 2025: CN¥1.79 Billion CNY
Based on the latest financial reports, Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) has net assets worth CN¥1.79 Billion 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¥3.01 Billion) and total liabilities (CN¥1.22 Billion). 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¥1.79 Billion |
| % of Total Assets | 59.45% |
| Annual Growth Rate | 19.16% |
| 5-Year Change | 38.06% |
| 10-Year Change | 64.2% |
| Growth Volatility | 68.33 |
Shandong Hongchuang Aluminum Industry Holding Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shandong Hongchuang Aluminum Industry Holding 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 Shandong Hongchuang Aluminum Industry Holding Co Ltd (2006–2024)
The table below shows the annual net assets of Shandong Hongchuang Aluminum Industry Holding Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.96 Billion | -3.40% |
| 2023-12-31 | CN¥2.03 Billion | +46.19% |
| 2022-12-31 | CN¥1.39 Billion | -2.37% |
| 2021-12-31 | CN¥1.42 Billion | +0.14% |
| 2020-12-31 | CN¥1.42 Billion | -10.41% |
| 2019-12-31 | CN¥1.58 Billion | +26.18% |
| 2018-12-31 | CN¥1.26 Billion | +0.69% |
| 2017-12-31 | CN¥1.25 Billion | +3.27% |
| 2016-12-31 | CN¥1.21 Billion | +1.19% |
| 2015-12-31 | CN¥1.19 Billion | -8.91% |
| 2014-12-31 | CN¥1.31 Billion | -21.64% |
| 2013-12-31 | CN¥1.67 Billion | +0.43% |
| 2012-12-31 | CN¥1.67 Billion | +88.52% |
| 2011-12-31 | CN¥883.23 Million | +1.86% |
| 2010-12-31 | CN¥867.11 Million | +275.16% |
| 2009-12-31 | CN¥231.13 Million | +16.13% |
| 2008-12-31 | CN¥199.03 Million | +12.16% |
| 2007-12-31 | CN¥177.45 Million | +112.38% |
| 2006-12-31 | CN¥83.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Hongchuang Aluminum Industry 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 decreased by 2312.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.14 Billion | 57.98% |
| Other Components | CN¥1.19 Billion | 60.80% |
| Total Equity | CN¥1.96 Billion | 100.00% |
Shandong Hongchuang Aluminum Industry Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Hongchuang Aluminum Industry Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jingsheng Mech Electric
SHE:300316
|
$3.60 Billion |
|
Petrokent Turizm AS
IS:PKENT
|
$3.60 Billion |
|
Berner Kantonalbank AG
SW:BEKN
|
$3.61 Billion |
|
Ningbo Orient Wires and Cables Co Ltd
SHG:603606
|
$3.61 Billion |
|
Impala Platinum Holdings Limited
OTCQX:IMPUF
|
$3.60 Billion |
|
FIRST FIN. BANKSHS DL-01
F:FI6
|
$3.60 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
$3.60 Billion |
|
Henderson Land Development
PINK:HLDCY
|
$3.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Hongchuang Aluminum Industry Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,028,881,000 to 1,959,834,000, a change of -69,047,000 (-3.4%).
- Net loss of 68,981,783 reduced equity.
- Dividend payments of 10,206,000 reduced retained earnings.
- Other comprehensive income decreased equity by 23,906,000.
- Other factors increased equity by 34,046,783.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-68.98 Million | -3.52% |
| Dividends Paid | CN¥10.21 Million | -0.52% |
| Other Comprehensive Income | CN¥-23.91 Million | -1.22% |
| Other Changes | CN¥34.05 Million | +1.74% |
| Total Change | CN¥- | -3.40% |
Book Value vs Market Value Analysis
This analysis compares Shandong Hongchuang Aluminum Industry 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: 17.71x
- 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 151.23x to 17.71x 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¥0.20 | CN¥30.54 | x |
| 2007-12-31 | CN¥0.42 | CN¥30.54 | x |
| 2008-12-31 | CN¥0.43 | CN¥30.54 | x |
| 2009-12-31 | CN¥0.50 | CN¥30.54 | x |
| 2010-12-31 | CN¥1.48 | CN¥30.54 | x |
| 2011-12-31 | CN¥1.47 | CN¥30.54 | x |
| 2012-12-31 | CN¥2.03 | CN¥30.54 | x |
| 2013-12-31 | CN¥1.79 | CN¥30.54 | x |
| 2014-12-31 | CN¥1.41 | CN¥30.54 | x |
| 2015-12-31 | CN¥1.29 | CN¥30.54 | x |
| 2016-12-31 | CN¥1.31 | CN¥30.54 | x |
| 2017-12-31 | CN¥1.35 | CN¥30.54 | x |
| 2018-12-31 | CN¥1.35 | CN¥30.54 | x |
| 2019-12-31 | CN¥1.71 | CN¥30.54 | x |
| 2020-12-31 | CN¥1.53 | CN¥30.54 | x |
| 2021-12-31 | CN¥1.53 | CN¥30.54 | x |
| 2022-12-31 | CN¥1.50 | CN¥30.54 | x |
| 2023-12-31 | CN¥2.00 | CN¥30.54 | x |
| 2024-12-31 | CN¥1.72 | CN¥30.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Hongchuang Aluminum Industry 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): -3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.98%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.60x
- Recent ROE (-3.52%) is below the historical average (2.53%), 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 | 21.67% | 3.23% | 1.20x | 5.59x | CN¥8.93 Million |
| 2007 | 26.95% | 6.12% | 1.29x | 3.42x | CN¥28.60 Million |
| 2008 | 15.24% | 3.67% | 1.15x | 3.60x | CN¥10.44 Million |
| 2009 | 13.94% | 4.43% | 0.58x | 5.43x | CN¥9.10 Million |
| 2010 | 4.21% | 3.57% | 0.43x | 2.77x | CN¥-50.19 Million |
| 2011 | 1.36% | 0.66% | 0.49x | 4.20x | CN¥-75.30 Million |
| 2012 | 1.23% | 0.99% | 0.39x | 3.17x | CN¥-145.06 Million |
| 2013 | 0.45% | 0.31% | 0.35x | 4.09x | CN¥-158.66 Million |
| 2014 | -26.39% | -16.96% | 0.40x | 3.86x | CN¥-476.84 Million |
| 2015 | -9.92% | -7.75% | 0.71x | 1.81x | CN¥-237.74 Million |
| 2016 | 1.17% | 1.45% | 0.66x | 1.23x | CN¥-106.62 Million |
| 2017 | 3.16% | 2.73% | 1.08x | 1.08x | CN¥-85.28 Million |
| 2018 | 0.69% | 0.57% | 1.07x | 1.13x | CN¥-116.93 Million |
| 2019 | 20.48% | 11.28% | 1.17x | 1.56x | CN¥166.13 Million |
| 2020 | -11.62% | -6.97% | 1.03x | 1.62x | CN¥-306.95 Million |
| 2021 | -5.45% | -2.43% | 1.05x | 2.14x | CN¥-219.67 Million |
| 2022 | 1.65% | 0.65% | 1.36x | 1.87x | CN¥-115.94 Million |
| 2023 | -7.16% | -5.40% | 0.90x | 1.47x | CN¥-348.11 Million |
| 2024 | -3.52% | -1.98% | 1.11x | 1.60x | CN¥-264.97 Million |
Industry Comparison
This section compares Shandong Hongchuang Aluminum Industry Holding Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $5,167,787,872
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | CN¥1.79 Billion | 21.67% | 0.68x | $3.60 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |