Huasi Agricultural Development Co Ltd
Huasi Holding Company Limited operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, Hong Kong, and internationally. The company offers fur skins, fur fabrics, fur accessories, fur clothing, and fashion products. It also involved in the research and development, manufacturing, and sale of apparel; manufacturing and selling of leather products; retailing of c… Read more
Huasi Agricultural Development Co Ltd (002494) - Net Assets
Latest net assets as of September 2025: CN¥1.20 Billion CNY
Based on the latest financial reports, Huasi Agricultural Development Co Ltd (002494) has net assets worth CN¥1.20 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¥1.49 Billion) and total liabilities (CN¥285.12 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¥1.20 Billion |
| % of Total Assets | 80.86% |
| Annual Growth Rate | 15.77% |
| 5-Year Change | -20.96% |
| 10-Year Change | -14.78% |
| Growth Volatility | 70.16 |
Huasi Agricultural Development Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Huasi Agricultural Development 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 Huasi Agricultural Development Co Ltd (2007–2024)
The table below shows the annual net assets of Huasi Agricultural Development Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.21 Billion | +0.46% |
| 2023-12-31 | CN¥1.20 Billion | -1.20% |
| 2022-12-31 | CN¥1.22 Billion | -21.14% |
| 2021-12-31 | CN¥1.54 Billion | +0.98% |
| 2020-12-31 | CN¥1.53 Billion | -19.06% |
| 2019-12-31 | CN¥1.89 Billion | -2.16% |
| 2018-12-31 | CN¥1.93 Billion | +0.66% |
| 2017-12-31 | CN¥1.92 Billion | -4.08% |
| 2016-12-31 | CN¥2.00 Billion | +41.02% |
| 2015-12-31 | CN¥1.42 Billion | +0.43% |
| 2014-12-31 | CN¥1.41 Billion | +35.13% |
| 2013-12-31 | CN¥1.04 Billion | +1.80% |
| 2012-12-31 | CN¥1.03 Billion | +6.12% |
| 2011-12-31 | CN¥967.17 Million | +13.01% |
| 2010-12-31 | CN¥855.82 Million | +292.02% |
| 2009-12-31 | CN¥218.31 Million | +72.78% |
| 2008-12-31 | CN¥126.35 Million | +26.16% |
| 2007-12-31 | CN¥100.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huasi Agricultural Development 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 1926.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥377.31 Million | 30.69% |
| Other Comprehensive Income | CN¥-7.85 Million | -0.64% |
| Other Components | CN¥1.25 Billion | 101.38% |
| Total Equity | CN¥1.23 Billion | 100.00% |
Huasi Agricultural Development Co Ltd Competitors by Market Cap
The table below lists competitors of Huasi Agricultural Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Koatsu Gas Kogyo Co. Ltd
PINK:KTSUF
|
$193.28 Million |
|
Bus Online Co Ltd
SHE:002188
|
$193.28 Million |
|
Shattuck Labs Inc
NASDAQ:STTK
|
$193.29 Million |
|
Bleichroeder Acquisition Corp. I Class A Ordinary Shares
NASDAQ:BACQ
|
$193.32 Million |
|
Tongqinglou Dining Co Ltd
SHG:605108
|
$193.25 Million |
|
Backblaze Inc
NASDAQ:BLZE
|
$193.20 Million |
|
Rackspace Technology Inc
NASDAQ:RXT
|
$193.15 Million |
|
Datawalk SA
WAR:DAT
|
$193.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huasi Agricultural Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,224,070,581 to 1,229,567,781, a change of 5,497,200 (0.4%).
- Net income of 22,219,381 contributed positively to equity growth.
- Dividend payments of 6,410,940 reduced retained earnings.
- Share repurchases of 15,001,041 reduced equity.
- Other comprehensive income decreased equity by 60,621,416.
- Other factors increased equity by 65,311,216.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.22 Million | +1.81% |
| Dividends Paid | CN¥6.41 Million | -0.52% |
| Share Repurchases | CN¥15.00 Million | -1.22% |
| Other Comprehensive Income | CN¥-60.62 Million | -4.93% |
| Other Changes | CN¥65.31 Million | +5.31% |
| Total Change | CN¥- | 0.45% |
Book Value vs Market Value Analysis
This analysis compares Huasi Agricultural Development 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: 1.72x
- 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 11.07x to 1.72x 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¥0.51 | CN¥5.65 | x |
| 2008-12-31 | CN¥0.80 | CN¥5.65 | x |
| 2009-12-31 | CN¥1.15 | CN¥5.65 | x |
| 2010-12-31 | CN¥3.69 | CN¥5.65 | x |
| 2011-12-31 | CN¥3.09 | CN¥5.65 | x |
| 2012-12-31 | CN¥3.28 | CN¥5.65 | x |
| 2013-12-31 | CN¥3.47 | CN¥5.65 | x |
| 2014-12-31 | CN¥4.11 | CN¥5.65 | x |
| 2015-12-31 | CN¥3.89 | CN¥5.65 | x |
| 2016-12-31 | CN¥5.29 | CN¥5.65 | x |
| 2017-12-31 | CN¥4.96 | CN¥5.65 | x |
| 2018-12-31 | CN¥5.00 | CN¥5.65 | x |
| 2019-12-31 | CN¥4.99 | CN¥5.65 | x |
| 2020-12-31 | CN¥4.10 | CN¥5.65 | x |
| 2021-12-31 | CN¥4.15 | CN¥5.65 | x |
| 2022-12-31 | CN¥3.31 | CN¥5.65 | x |
| 2023-12-31 | CN¥3.25 | CN¥5.65 | x |
| 2024-12-31 | CN¥3.29 | CN¥5.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huasi Agricultural Development 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.43%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.32x
- Recent ROE (1.81%) is above the historical average (1.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 5.28% | 1.71% | 1.04x | 2.98x | CN¥-3.92 Million |
| 2008 | 17.28% | 7.26% | 1.18x | 2.02x | CN¥9.02 Million |
| 2009 | 17.12% | 10.52% | 1.06x | 1.54x | CN¥15.55 Million |
| 2010 | 6.15% | 12.74% | 0.46x | 1.05x | CN¥-32.91 Million |
| 2011 | 6.84% | 13.19% | 0.46x | 1.13x | CN¥-28.63 Million |
| 2012 | 7.50% | 13.98% | 0.48x | 1.12x | CN¥-24.23 Million |
| 2013 | 8.21% | 13.19% | 0.45x | 1.38x | CN¥-18.35 Million |
| 2014 | 6.81% | 11.37% | 0.39x | 1.54x | CN¥-44.37 Million |
| 2015 | 1.29% | 3.19% | 0.25x | 1.64x | CN¥-122.41 Million |
| 2016 | 0.76% | 3.00% | 0.20x | 1.27x | CN¥-184.17 Million |
| 2017 | -3.95% | -11.90% | 0.24x | 1.39x | CN¥-266.69 Million |
| 2018 | 0.87% | 3.36% | 0.20x | 1.33x | CN¥-176.12 Million |
| 2019 | 0.64% | 2.54% | 0.19x | 1.34x | CN¥-177.22 Million |
| 2020 | -23.40% | -107.12% | 0.16x | 1.36x | CN¥-517.03 Million |
| 2021 | 1.11% | 4.20% | 0.22x | 1.22x | CN¥-139.09 Million |
| 2022 | -25.85% | -101.31% | 0.19x | 1.32x | CN¥-447.13 Million |
| 2023 | -1.06% | -3.21% | 0.24x | 1.36x | CN¥-135.41 Million |
| 2024 | 1.81% | 4.43% | 0.31x | 1.32x | CN¥-100.74 Million |
Industry Comparison
This section compares Huasi Agricultural Development Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,569,875,665
- Average return on equity (ROE) among peers: 10.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huasi Agricultural Development Co Ltd (002494) | CN¥1.20 Billion | 5.28% | 0.24x | $193.25 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $1.69 Billion | 10.00% | 0.41x | $872.92 Million |
| Fujian Septwolves Industry Co Ltd (002029) | $4.34 Billion | 12.93% | 0.28x | $455.31 Million |
| Fujian SBS Zipper Science Tech (002098) | $907.36 Million | 22.11% | 1.44x | $193.92 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $4.05 Billion | 11.33% | 0.48x | $465.11 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $451.05 Million | 7.04% | 5.02x | $376.25 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.35 Billion | 5.95% | 0.28x | $265.95 Million |
| Cedar Development Co Ltd (002485) | $1.98 Billion | 0.38% | 0.24x | $115.45 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $7.76 Billion | 15.77% | 0.17x | $517.45 Million |
| Zhejiang Busen Garments Co Ltd (002569) | $613.00 Million | 6.55% | 0.44x | $191.63 Million |