Hangzhou Hangyang Co Ltd
Hangzhou Oxygen Plant Group Co.,Ltd. manufactures and sells air separation equipment and parts, cryogenic and petrochemical equipment, and other gas products in China and internationally. It operates through Machinery Manufacturing, Gas Sales, and EPC segments. The company offers high-purity gas, rare gas, new energy gas, mixed gas, electronic special gas, electronic bulk, medical gas, and excime… Read more
Hangzhou Hangyang Co Ltd (002430) - Net Assets
Latest net assets as of September 2025: CN¥11.05 Billion CNY
Based on the latest financial reports, Hangzhou Hangyang Co Ltd (002430) has net assets worth CN¥11.05 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¥25.51 Billion) and total liabilities (CN¥14.46 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¥11.05 Billion |
| % of Total Assets | 43.31% |
| Annual Growth Rate | 16.3% |
| 5-Year Change | 52.05% |
| 10-Year Change | 153.21% |
| Growth Volatility | 26.85 |
Hangzhou Hangyang Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Hangzhou Hangyang 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 Hangzhou Hangyang Co Ltd (2007–2024)
The table below shows the annual net assets of Hangzhou Hangyang Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.39 Billion | +3.04% |
| 2023-12-31 | CN¥10.08 Billion | +12.53% |
| 2022-12-31 | CN¥8.96 Billion | +14.05% |
| 2021-12-31 | CN¥7.86 Billion | +14.97% |
| 2020-12-31 | CN¥6.83 Billion | +10.05% |
| 2019-12-31 | CN¥6.21 Billion | +8.68% |
| 2018-12-31 | CN¥5.71 Billion | +13.99% |
| 2017-12-31 | CN¥5.01 Billion | +34.23% |
| 2016-12-31 | CN¥3.73 Billion | -9.00% |
| 2015-12-31 | CN¥4.10 Billion | +4.05% |
| 2014-12-31 | CN¥3.94 Billion | +7.18% |
| 2013-12-31 | CN¥3.68 Billion | +5.24% |
| 2012-12-31 | CN¥3.50 Billion | +14.53% |
| 2011-12-31 | CN¥3.05 Billion | +17.83% |
| 2010-12-31 | CN¥2.59 Billion | +118.92% |
| 2009-12-31 | CN¥1.18 Billion | +14.49% |
| 2008-12-31 | CN¥1.03 Billion | +29.63% |
| 2007-12-31 | CN¥797.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Hangyang 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 1804.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.01 Billion | 54.46% |
| Common Stock | CN¥983.89 Million | 10.70% |
| Other Components | CN¥3.20 Billion | 34.84% |
| Total Equity | CN¥9.19 Billion | 100.00% |
Hangzhou Hangyang Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Hangyang Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banca Popolare di Sondrio ScpA
LSE:0NWJ
|
$1.76 Billion |
|
FMC Corporation
NYSE:FMC
|
$1.76 Billion |
|
ONESPAWORLD HLDGS DL-0001
F:ORW
|
$1.76 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
$1.76 Billion |
|
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A
SHG:600663
|
$1.76 Billion |
|
Just Group plc
PINK:JTGPF
|
$1.76 Billion |
|
Armada Hoffler Properties, Inc.
NYSE:AHRT-PA
|
$1.76 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
$1.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Hangyang Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,897,429,332 to 9,193,234,868, a change of 295,805,536 (3.3%).
- Net income of 922,364,317 contributed positively to equity growth.
- Dividend payments of 945,361,788 reduced retained earnings.
- Share repurchases of 4,932,856 reduced equity.
- Other comprehensive income decreased equity by 884,027,914.
- Other factors increased equity by 1,207,763,777.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥922.36 Million | +10.03% |
| Dividends Paid | CN¥945.36 Million | -10.28% |
| Share Repurchases | CN¥4.93 Million | -0.05% |
| Other Comprehensive Income | CN¥-884.03 Million | -9.62% |
| Other Changes | CN¥1.21 Billion | +13.14% |
| Total Change | CN¥- | 3.32% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Hangyang 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: 3.21x
- 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 20.69x to 3.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥1.39 | CN¥28.80 | x |
| 2008-12-31 | CN¥1.52 | CN¥28.80 | x |
| 2009-12-31 | CN¥1.46 | CN¥28.80 | x |
| 2010-12-31 | CN¥3.25 | CN¥28.80 | x |
| 2011-12-31 | CN¥3.44 | CN¥28.80 | x |
| 2012-12-31 | CN¥3.90 | CN¥28.80 | x |
| 2013-12-31 | CN¥4.06 | CN¥28.80 | x |
| 2014-12-31 | CN¥4.18 | CN¥28.80 | x |
| 2015-12-31 | CN¥4.34 | CN¥28.80 | x |
| 2016-12-31 | CN¥4.07 | CN¥28.80 | x |
| 2017-12-31 | CN¥5.27 | CN¥28.80 | x |
| 2018-12-31 | CN¥5.52 | CN¥28.80 | x |
| 2019-12-31 | CN¥5.99 | CN¥28.80 | x |
| 2020-12-31 | CN¥6.59 | CN¥28.80 | x |
| 2021-12-31 | CN¥7.59 | CN¥28.80 | x |
| 2022-12-31 | CN¥8.12 | CN¥28.80 | x |
| 2023-12-31 | CN¥8.68 | CN¥28.80 | x |
| 2024-12-31 | CN¥8.96 | CN¥28.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Hangyang 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): 10.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.72%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.62x
- Recent ROE (10.03%) is below the historical average (12.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 21.64% | 5.90% | 0.85x | 4.31x | CN¥72.78 Million |
| 2008 | 25.38% | 8.04% | 0.77x | 4.09x | CN¥129.93 Million |
| 2009 | 25.69% | 9.33% | 0.78x | 3.52x | CN¥153.16 Million |
| 2010 | 14.81% | 11.73% | 0.54x | 2.34x | CN¥115.15 Million |
| 2011 | 17.73% | 11.75% | 0.68x | 2.23x | CN¥216.76 Million |
| 2012 | 14.36% | 8.45% | 0.65x | 2.62x | CN¥137.24 Million |
| 2013 | 7.14% | 4.24% | 0.55x | 3.05x | CN¥-93.65 Million |
| 2014 | 3.83% | 2.28% | 0.63x | 2.66x | CN¥-218.45 Million |
| 2015 | 3.92% | 2.43% | 0.61x | 2.65x | CN¥-223.49 Million |
| 2016 | -8.36% | -5.72% | 0.50x | 2.93x | CN¥-620.51 Million |
| 2017 | 7.78% | 5.59% | 0.58x | 2.39x | CN¥-102.70 Million |
| 2018 | 13.96% | 9.38% | 0.70x | 2.14x | CN¥210.08 Million |
| 2019 | 10.99% | 7.76% | 0.68x | 2.08x | CN¥57.31 Million |
| 2020 | 13.27% | 8.41% | 0.69x | 2.27x | CN¥207.77 Million |
| 2021 | 16.30% | 10.05% | 0.74x | 2.19x | CN¥461.58 Million |
| 2022 | 14.77% | 9.45% | 0.67x | 2.35x | CN¥391.14 Million |
| 2023 | 13.67% | 9.14% | 0.59x | 2.54x | CN¥326.35 Million |
| 2024 | 10.03% | 6.72% | 0.57x | 2.62x | CN¥3.04 Million |
Industry Comparison
This section compares Hangzhou Hangyang 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Hangyang Co Ltd (002430) | CN¥11.05 Billion | 21.64% | 1.31x | $1.76 Billion |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |