Huasi Agricultural Development Co Ltd (002494) - Net Assets

Latest as of March 2026: CN¥1.24 Billion CNY ≈ $181.03 Million USD

Based on the latest financial reports, Huasi Agricultural Development Co Ltd (002494) has net assets worth CN¥1.24 Billion CNY (≈ $181.03 Million 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¥1.43 Billion ≈ $209.65 Million USD) and total liabilities (CN¥195.59 Million ≈ $28.62 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 tangible equity quality of Huasi Agricultural Development Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.24 Billion
% of Total Assets 86.35%
Annual Growth Rate 14.94%
5-Year Change -20.44%
10-Year Change -38.57%
Growth Volatility 68.41

Huasi Agricultural Development Co Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Huasi Agricultural Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Huasi Agricultural Development Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Huasi Agricultural Development Co Ltd (2007–2025)

The table below shows the annual net assets of Huasi Agricultural Development Co Ltd from 2007 to 2025. For live valuation and market cap data, see Huasi Agricultural Development Co Ltd market cap and net worth.

Year Net Assets Change
2025-12-31 CN¥1.23 Billion
≈ $179.73 Million		 +1.65%
2024-12-31 CN¥1.21 Billion
≈ $176.81 Million		 +0.46%
2023-12-31 CN¥1.20 Billion
≈ $176.01 Million		 -1.20%
2022-12-31 CN¥1.22 Billion
≈ $178.15 Million		 -21.14%
2021-12-31 CN¥1.54 Billion
≈ $225.90 Million		 +0.98%
2020-12-31 CN¥1.53 Billion
≈ $223.71 Million		 -19.06%
2019-12-31 CN¥1.89 Billion
≈ $276.40 Million		 -2.16%
2018-12-31 CN¥1.93 Billion
≈ $282.50 Million		 +0.66%
2017-12-31 CN¥1.92 Billion
≈ $280.64 Million		 -4.08%
2016-12-31 CN¥2.00 Billion
≈ $292.59 Million		 +41.02%
2015-12-31 CN¥1.42 Billion
≈ $207.48 Million		 +0.43%
2014-12-31 CN¥1.41 Billion
≈ $206.59 Million		 +35.13%
2013-12-31 CN¥1.04 Billion
≈ $152.88 Million		 +1.80%
2012-12-31 CN¥1.03 Billion
≈ $150.18 Million		 +6.12%
2011-12-31 CN¥967.17 Million
≈ $141.53 Million		 +13.01%
2010-12-31 CN¥855.82 Million
≈ $125.23 Million		 +292.02%
2009-12-31 CN¥218.31 Million
≈ $31.95 Million		 +72.78%
2008-12-31 CN¥126.35 Million
≈ $18.49 Million		 +26.16%
2007-12-31 CN¥100.15 Million
≈ $14.66 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 1843.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥1.62 Billion 129.53%
Total Equity CN¥1.25 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
Xxentria Technology Materials Co Ltd
TWO:8942
 $260.61 Million
Compañía Industrial El Volcán S.A
SN:VOLCAN
 $260.65 Million
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
 $260.76 Million
Brinova Fastigheter AB (publ)
ST:BRIN-B
 $260.83 Million
Tudor Gold Corp
V:TUD
 $260.45 Million
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
 $260.39 Million
Stack Capital Group Inc
TO:STCK
 $260.28 Million
Entrada Therapeutics Inc
NASDAQ:TRDA
 $260.27 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 2024 to 2025, total equity changed from 1,229,567,781 to 1,249,479,141, a change of 19,911,360 (1.6%).
  • Net income of 20,542,560 contributed positively to equity growth.
  • Dividend payments of 4,865,206 reduced retained earnings.
  • Other comprehensive income increased equity by 7,847,076.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥20.54 Million +1.64%
Dividends Paid CN¥4.87 Million -0.39%
Other Comprehensive Income CN¥7.85 Million +0.63%
Other Changes CN¥-3.61 Million -0.29%
Total Change CN¥- 1.62%

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: 1.43x
  • 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 9.25x to 1.43x 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¥4.72 x
2008-12-31 CN¥0.80 CN¥4.72 x
2009-12-31 CN¥1.15 CN¥4.72 x
2010-12-31 CN¥3.69 CN¥4.72 x
2011-12-31 CN¥3.09 CN¥4.72 x
2012-12-31 CN¥3.28 CN¥4.72 x
2013-12-31 CN¥3.47 CN¥4.72 x
2014-12-31 CN¥4.11 CN¥4.72 x
2015-12-31 CN¥3.89 CN¥4.72 x
2016-12-31 CN¥5.29 CN¥4.72 x
2017-12-31 CN¥4.96 CN¥4.72 x
2018-12-31 CN¥5.00 CN¥4.72 x
2019-12-31 CN¥4.99 CN¥4.72 x
2020-12-31 CN¥4.10 CN¥4.72 x
2021-12-31 CN¥4.15 CN¥4.72 x
2022-12-31 CN¥3.31 CN¥4.72 x
2023-12-31 CN¥3.25 CN¥4.72 x
2024-12-31 CN¥3.29 CN¥4.72 x
2025-12-31 CN¥3.31 CN¥4.72 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): 1.64%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.40%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 1.17x
  • Recent ROE (1.64%) is above the historical average (1.62%), 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 0.89% 3.54% 0.19x 1.34x CN¥-172.46 Million
2020 -22.35% -102.35% 0.16x 1.36x CN¥-500.87 Million
2021 1.11% 4.20% 0.22x 1.22x CN¥-139.09 Million
2022 -25.34% -99.31% 0.19x 1.32x CN¥-440.77 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
2025 1.64% 4.40% 0.32x 1.17x CN¥-104.41 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: $1,098,310,066
  • Average return on equity (ROE) among peers: 5.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Huasi Agricultural Development Co Ltd (002494) CN¥1.24 Billion 5.28% 0.16x $260.60 Million
Zhejiang Weixing Industrial Development Co Ltd (002003) $1.87 Billion 13.26% 0.15x $1.50 Billion
Fujian Septwolves Industry Co Ltd (002029) $374.17 Million 13.38% 0.59x $860.41 Million
Fujian SBS Zipper Science Tech (002098) $519.60 Million 9.44% 0.96x $357.80 Million
Zhejiang Baoxiniao Garment Co Ltd (002154) $2.63 Billion 6.12% 0.75x $824.29 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) $210.24 Million -118.63% 7.86x $518.40 Million
Zhejiang Jiaxin Silk Corp Ltd (002404) $1.39 Billion 8.02% 0.80x $560.56 Million
Cedar Development Co Ltd (002485) $2.27 Billion -0.88% 0.49x $372.55 Million
Zhejiang Semir Garment Co Ltd (002563) $465.88 Million 95.18% 1.30x $2.06 Billion
Zhejiang Busen Garments Co Ltd (002569) $163.69 Million 19.96% 1.27x $337.38 Million

About Huasi Agricultural Development Co Ltd

SHE:002494 China Apparel Manufacturing
Market Cap
$260.60 Million
CN¥1.78 Billion CNY
Market Cap Rank
#15582 Global
#4570 in China
Share Price
CN¥4.72
Change (1 day)
-4.07%
52-Week Range
CN¥4.47 - CN¥6.35
All Time High
CN¥27.30
Categories
Companies in China Apparel Manufacturing
About

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