Hunan Mendale Hometextile Co Ltd (002397) - Net Assets
Based on the latest financial reports, Hunan Mendale Hometextile Co Ltd (002397) has net assets worth CN¥1.25 Billion CNY (≈ $182.26 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.42 Billion ≈ $353.71 Million USD) and total liabilities (CN¥1.17 Billion ≈ $171.45 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 Hunan Mendale Hometextile Co Ltd (002397) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.25 Billion |
| % of Total Assets | 51.53% |
| Annual Growth Rate | 14.18% |
| 5-Year Change | -24.93% |
| 10-Year Change | -21.1% |
| Growth Volatility | 86.36 |
Hunan Mendale Hometextile Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Hunan Mendale Hometextile Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hunan Mendale Hometextile Co Ltd (002397) market capitalisation.
Annual Net Assets for Hunan Mendale Hometextile Co Ltd (2006–2025)
The table below shows the annual net assets of Hunan Mendale Hometextile Co Ltd from 2006 to 2025. Also explore 002397 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.20 Billion ≈ $176.16 Million |
+1.96% |
| 2024-12-31 | CN¥1.18 Billion ≈ $172.78 Million |
+1.34% |
| 2023-12-31 | CN¥1.17 Billion ≈ $170.49 Million |
+2.00% |
| 2022-12-31 | CN¥1.14 Billion ≈ $167.14 Million |
-28.77% |
| 2021-12-31 | CN¥1.60 Billion ≈ $234.65 Million |
-12.90% |
| 2020-12-31 | CN¥1.84 Billion ≈ $269.41 Million |
-10.21% |
| 2019-12-31 | CN¥2.05 Billion ≈ $300.05 Million |
-2.70% |
| 2018-12-31 | CN¥2.11 Billion ≈ $308.37 Million |
+0.30% |
| 2017-12-31 | CN¥2.10 Billion ≈ $307.45 Million |
+37.71% |
| 2016-12-31 | CN¥1.53 Billion ≈ $223.26 Million |
+9.24% |
| 2015-12-31 | CN¥1.40 Billion ≈ $204.38 Million |
+9.72% |
| 2014-12-31 | CN¥1.27 Billion ≈ $186.28 Million |
+8.80% |
| 2013-12-31 | CN¥1.17 Billion ≈ $171.21 Million |
+4.96% |
| 2012-12-31 | CN¥1.11 Billion ≈ $163.12 Million |
+2.38% |
| 2011-12-31 | CN¥1.09 Billion ≈ $159.33 Million |
+6.19% |
| 2010-12-31 | CN¥1.03 Billion ≈ $150.05 Million |
+386.79% |
| 2009-12-31 | CN¥210.65 Million ≈ $30.83 Million |
+30.34% |
| 2008-12-31 | CN¥161.62 Million ≈ $23.65 Million |
+23.18% |
| 2007-12-31 | CN¥131.20 Million ≈ $19.20 Million |
+35.32% |
| 2006-12-31 | CN¥96.96 Million ≈ $14.19 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hunan Mendale Hometextile 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 759.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.48 Billion | 122.78% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Hunan Mendale Hometextile Co Ltd Competitors by Market Cap
The table below lists competitors of Hunan Mendale Hometextile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lavvi Empreendimentos Imobiliários S.A
SA:LAVV3
|
$405.34 Million |
|
Wolfspeed, Inc.
NASDAQ:WOLF
|
$405.48 Million |
|
Elite Color Environmental Resources
SHE:002998
|
$405.50 Million |
|
PetroVietnam Drilling & Well Service Corp
VN:PVD
|
$405.51 Million |
|
Power Wind Health Industry Incorporated
TW:8462
|
$404.70 Million |
|
Community Health Systems Inc
NYSE:CYH
|
$404.70 Million |
|
Holtek Semiconductor Inc
TW:6202
|
$404.38 Million |
|
ROPEOK Technology Group Co Ltd
SHG:688619
|
$404.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Mendale Hometextile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,183,528,426 to 1,209,430,245, a change of 25,901,819 (2.2%).
- Net income of 47,670,359 contributed positively to equity growth.
- Dividend payments of 14,846,951 reduced retained earnings.
- Other comprehensive income decreased equity by 105,964,704.
- Other factors increased equity by 99,043,115.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥47.67 Million | +3.94% |
| Dividends Paid | CN¥14.85 Million | -1.23% |
| Other Comprehensive Income | CN¥-105.96 Million | -8.76% |
| Other Changes | CN¥99.04 Million | +8.19% |
| Total Change | CN¥- | 2.19% |
Book Value vs Market Value Analysis
This analysis compares Hunan Mendale Hometextile 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: 2.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.99x to 2.29x 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¥0.19 | CN¥3.70 | x |
| 2007-12-31 | CN¥0.27 | CN¥3.70 | x |
| 2008-12-31 | CN¥0.32 | CN¥3.70 | x |
| 2009-12-31 | CN¥0.42 | CN¥3.70 | x |
| 2010-12-31 | CN¥1.68 | CN¥3.70 | x |
| 2011-12-31 | CN¥1.64 | CN¥3.70 | x |
| 2012-12-31 | CN¥1.68 | CN¥3.70 | x |
| 2013-12-31 | CN¥1.78 | CN¥3.70 | x |
| 2014-12-31 | CN¥1.89 | CN¥3.70 | x |
| 2015-12-31 | CN¥2.06 | CN¥3.70 | x |
| 2016-12-31 | CN¥2.07 | CN¥3.70 | x |
| 2017-12-31 | CN¥2.71 | CN¥3.70 | x |
| 2018-12-31 | CN¥2.59 | CN¥3.70 | x |
| 2019-12-31 | CN¥2.48 | CN¥3.70 | x |
| 2020-12-31 | CN¥2.41 | CN¥3.70 | x |
| 2021-12-31 | CN¥2.14 | CN¥3.70 | x |
| 2022-12-31 | CN¥1.50 | CN¥3.70 | x |
| 2023-12-31 | CN¥1.56 | CN¥3.70 | x |
| 2024-12-31 | CN¥1.43 | CN¥3.70 | x |
| 2025-12-31 | CN¥1.62 | CN¥3.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Mendale Hometextile 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): 3.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.84%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.05x
- Recent ROE (3.94%) is below the historical average (9.39%), 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 | 44.24% | 9.31% | 1.42x | 3.35x | CN¥32.96 Million |
| 2007 | 35.02% | 9.13% | 1.22x | 3.14x | CN¥32.74 Million |
| 2008 | 31.27% | 8.11% | 1.08x | 3.55x | CN¥34.30 Million |
| 2009 | 42.20% | 14.04% | 0.96x | 3.14x | CN¥67.61 Million |
| 2010 | 8.95% | 10.73% | 0.63x | 1.33x | CN¥-10.71 Million |
| 2011 | 10.27% | 8.93% | 0.80x | 1.44x | CN¥2.92 Million |
| 2012 | 5.17% | 4.81% | 0.75x | 1.44x | CN¥-53.93 Million |
| 2013 | 8.42% | 6.94% | 0.82x | 1.49x | CN¥-18.52 Million |
| 2014 | 11.63% | 9.47% | 0.83x | 1.47x | CN¥20.80 Million |
| 2015 | 11.15% | 10.24% | 0.77x | 1.42x | CN¥16.07 Million |
| 2016 | 6.76% | 6.72% | 0.58x | 1.74x | CN¥-46.53 Million |
| 2017 | 2.58% | 2.65% | 0.59x | 1.66x | CN¥-147.32 Million |
| 2018 | 4.25% | 3.66% | 0.68x | 1.71x | CN¥-114.24 Million |
| 2019 | 4.44% | 3.28% | 0.75x | 1.81x | CN¥-106.76 Million |
| 2020 | 2.49% | 2.02% | 0.66x | 1.87x | CN¥-135.57 Million |
| 2021 | -9.80% | -6.33% | 0.72x | 2.14x | CN¥-315.07 Million |
| 2022 | -39.29% | -22.05% | 0.73x | 2.43x | CN¥-562.30 Million |
| 2023 | 1.93% | 1.04% | 0.82x | 2.26x | CN¥-93.90 Million |
| 2024 | 2.10% | 1.45% | 0.68x | 2.12x | CN¥-93.47 Million |
| 2025 | 3.94% | 2.84% | 0.68x | 2.05x | CN¥-73.27 Million |
Industry Comparison
This section compares Hunan Mendale Hometextile Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,814,926,324
- Average return on equity (ROE) among peers: 5.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Mendale Hometextile Co Ltd (002397) | CN¥1.25 Billion | 44.24% | 0.94x | $404.87 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $2.20 Billion | -5.17% | 0.29x | $740.99 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $2.44 Billion | 0.72% | 1.36x | $2.99 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.35 Billion | 5.85% | 1.00x | $1.27 Billion |
| Lu Thai Textile Co Ltd (000726) | $7.02 Billion | 13.66% | 0.23x | $536.35 Million |
| Anhui Huamao Textile Co Ltd (000850) | $747.53 Million | 12.76% | 0.47x | $574.45 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.73 Billion | 1.75% | 1.49x | $1.66 Billion |
| Xinlong Holding Group Co Ltd (000955) | $704.50 Million | 0.69% | 0.42x | $328.53 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $7.29 Billion | 10.24% | 1.53x | $955.63 Million |
| Sunvim Group Co Ltd (002083) | $2.71 Billion | 6.73% | 1.65x | $1.35 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.95 Billion | 4.08% | 0.11x | $270.56 Million |
About Hunan Mendale Hometextile Co Ltd
Hunan Mendale Hometextile Co.,Ltd provides home textiles in China and internationally. The company offers bedding sets, comforters, pillows, mattresses, and sofas. It sells its products under the Mengjie, Mei, MINE, Mengjie Baby, Mi, Meidazhai, and Pingshi Aesthetics brands through direct and franchised stores, traditional and social e-commerce channels, shopping mall counters, department and bra… Read more