Hangzhou Robam Appliances Co Ltd (002508) - Net Assets
Based on the latest financial reports, Hangzhou Robam Appliances Co Ltd (002508) has net assets worth CN¥11.88 Billion CNY (≈ $1.74 Billion 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¥16.66 Billion ≈ $2.44 Billion USD) and total liabilities (CN¥4.78 Billion ≈ $699.95 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 Hangzhou Robam Appliances Co Ltd (002508) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.88 Billion |
| % of Total Assets | 71.29% |
| Annual Growth Rate | 27.71% |
| 5-Year Change | 32.01% |
| 10-Year Change | 180.51% |
| Growth Volatility | 54.73 |
Hangzhou Robam Appliances Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Hangzhou Robam Appliances Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002508 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hangzhou Robam Appliances Co Ltd (2007–2025)
The table below shows the annual net assets of Hangzhou Robam Appliances Co Ltd from 2007 to 2025. For live valuation and market cap data, see Hangzhou Robam Appliances Co Ltd (002508) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.57 Billion ≈ $1.69 Billion |
+2.71% |
| 2024-12-31 | CN¥11.27 Billion ≈ $1.65 Billion |
+5.98% |
| 2023-12-31 | CN¥10.63 Billion ≈ $1.56 Billion |
+7.83% |
| 2022-12-31 | CN¥9.86 Billion ≈ $1.44 Billion |
+12.46% |
| 2021-12-31 | CN¥8.77 Billion ≈ $1.28 Billion |
+6.98% |
| 2020-12-31 | CN¥8.19 Billion ≈ $1.20 Billion |
+17.49% |
| 2019-12-31 | CN¥6.97 Billion ≈ $1.02 Billion |
+13.76% |
| 2018-12-31 | CN¥6.13 Billion ≈ $897.14 Million |
+16.61% |
| 2017-12-31 | CN¥5.26 Billion ≈ $769.33 Million |
+27.45% |
| 2016-12-31 | CN¥4.13 Billion ≈ $603.65 Million |
+30.29% |
| 2015-12-31 | CN¥3.17 Billion ≈ $463.33 Million |
+27.60% |
| 2014-12-31 | CN¥2.48 Billion ≈ $363.11 Million |
+21.54% |
| 2013-12-31 | CN¥2.04 Billion ≈ $298.77 Million |
+17.28% |
| 2012-12-31 | CN¥1.74 Billion ≈ $254.74 Million |
+15.29% |
| 2011-12-31 | CN¥1.51 Billion ≈ $220.97 Million |
+10.14% |
| 2010-12-31 | CN¥1.37 Billion ≈ $200.63 Million |
+224.99% |
| 2009-12-31 | CN¥421.87 Million ≈ $61.73 Million |
+24.06% |
| 2008-12-31 | CN¥340.04 Million ≈ $49.76 Million |
+140.17% |
| 2007-12-31 | CN¥141.58 Million ≈ $20.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Robam Appliances 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 35643.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.93 Billion | 86.38% |
| Other Components | CN¥1.57 Billion | 13.62% |
| Total Equity | CN¥11.50 Billion | 100.00% |
Hangzhou Robam Appliances Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Robam Appliances Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LeMaitre Vascular Inc
NASDAQ:LMAT
|
$2.15 Billion |
|
VIVENDI UNSPON.ARD EO 55
F:VVUD
|
$2.15 Billion |
|
CIMC Enric Holdings Limited
F:E8F
|
$2.15 Billion |
|
ODFJELL DRILL.LTD. DL-01
F:OD3
|
$2.15 Billion |
|
Xintec
TWO:3374
|
$2.15 Billion |
|
CENTRAL PUERTO ADR/1 AP1
F:C3TA
|
$2.14 Billion |
|
TD Power Systems Limited
NSE:TDPOWERSYS
|
$2.14 Billion |
|
CARL ZEISS MEDITEC ADR 1
F:AFXA
|
$2.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Robam Appliances Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,178,437,443 to 11,497,455,691, a change of 319,018,248 (2.9%).
- Net income of 1,255,879,806 contributed positively to equity growth.
- Dividend payments of 947,998,932 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.26 Billion | +10.92% |
| Dividends Paid | CN¥948.00 Million | -8.25% |
| Other Changes | CN¥11.14 Million | +0.1% |
| Total Change | CN¥- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Robam Appliances 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: 1.28x
- 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 71.19x to 1.28x 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¥0.22 | CN¥15.52 | x |
| 2008-12-31 | CN¥0.53 | CN¥15.52 | x |
| 2009-12-31 | CN¥0.60 | CN¥15.52 | x |
| 2010-12-31 | CN¥1.64 | CN¥15.52 | x |
| 2011-12-31 | CN¥1.61 | CN¥15.52 | x |
| 2012-12-31 | CN¥1.85 | CN¥15.52 | x |
| 2013-12-31 | CN¥2.17 | CN¥15.52 | x |
| 2014-12-31 | CN¥2.57 | CN¥15.52 | x |
| 2015-12-31 | CN¥3.35 | CN¥15.52 | x |
| 2016-12-31 | CN¥4.34 | CN¥15.52 | x |
| 2017-12-31 | CN¥5.54 | CN¥15.52 | x |
| 2018-12-31 | CN¥6.36 | CN¥15.52 | x |
| 2019-12-31 | CN¥7.23 | CN¥15.52 | x |
| 2020-12-31 | CN¥8.48 | CN¥15.52 | x |
| 2021-12-31 | CN¥9.13 | CN¥15.52 | x |
| 2022-12-31 | CN¥10.31 | CN¥15.52 | x |
| 2023-12-31 | CN¥11.11 | CN¥15.52 | x |
| 2024-12-31 | CN¥11.83 | CN¥15.52 | x |
| 2025-12-31 | CN¥12.17 | CN¥15.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Robam Appliances 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): 10.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.41%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.50x
- Recent ROE (10.92%) is below the historical average (20.12%), 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 | 42.73% | 8.16% | 1.80x | 2.91x | CN¥46.15 Million |
| 2008 | 15.93% | 6.30% | 1.74x | 1.46x | CN¥20.16 Million |
| 2009 | 19.40% | 8.76% | 1.44x | 1.54x | CN¥39.64 Million |
| 2010 | 9.80% | 10.91% | 0.73x | 1.23x | CN¥-2.76 Million |
| 2011 | 12.38% | 12.19% | 0.80x | 1.27x | CN¥35.99 Million |
| 2012 | 15.52% | 13.66% | 0.84x | 1.35x | CN¥95.34 Million |
| 2013 | 18.94% | 14.53% | 0.95x | 1.38x | CN¥182.06 Million |
| 2014 | 23.14% | 16.00% | 0.99x | 1.46x | CN¥326.19 Million |
| 2015 | 26.20% | 18.28% | 0.90x | 1.59x | CN¥513.53 Million |
| 2016 | 29.23% | 20.83% | 0.90x | 1.55x | CN¥793.98 Million |
| 2017 | 27.78% | 20.82% | 0.89x | 1.51x | CN¥935.13 Million |
| 2018 | 24.38% | 19.85% | 0.79x | 1.56x | CN¥869.04 Million |
| 2019 | 23.16% | 20.49% | 0.73x | 1.55x | CN¥903.38 Million |
| 2020 | 20.63% | 20.43% | 0.65x | 1.55x | CN¥855.69 Million |
| 2021 | 15.44% | 13.12% | 0.73x | 1.61x | CN¥469.01 Million |
| 2022 | 16.16% | 15.31% | 0.68x | 1.55x | CN¥599.16 Million |
| 2023 | 16.47% | 15.47% | 0.67x | 1.59x | CN¥680.50 Million |
| 2024 | 14.11% | 14.07% | 0.66x | 1.52x | CN¥459.56 Million |
| 2025 | 10.92% | 12.41% | 0.59x | 1.50x | CN¥106.13 Million |
Industry Comparison
This section compares Hangzhou Robam Appliances Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $5,021,386,700
- Average return on equity (ROE) among peers: 10.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Robam Appliances Co Ltd (002508) | CN¥11.88 Billion | 42.73% | 0.40x | $2.15 Billion |
| Midea Group Co Ltd (000333) | $33.17 Billion | 9.83% | 1.65x | $79.32 Billion |
| Changhong Meiling Co Ltd (000521) | $872.22 Million | 1.92% | 1.70x | $714.80 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $638.23 Million | 31.70% | 2.10x | $30.10 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-806.97 Million | 0.00% | 0.00x | $3.65 Billion |
| Suncha Technology Co Ltd (001211) | $477.06 Million | 18.82% | 0.71x | $339.25 Million |
| Elec-Tech International Co Ltd (002005) | $6.45 Billion | -15.06% | 1.16x | $676.99 Million |
| Zhejiang Supor Co Ltd (002032) | $5.20 Billion | 25.51% | 0.76x | $4.81 Billion |
| Vatti Corp Ltd (002035) | $2.26 Billion | 22.53% | 0.86x | $589.18 Million |
| CNlight Co Ltd (002076) | $365.21 Million | 13.83% | 0.22x | $430.09 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.59 Billion | -7.77% | 1.20x | $327.10 Million |
About Hangzhou Robam Appliances Co Ltd
Hangzhou Robam Appliances Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and servicing of kitchen appliances in China and internationally. The company offers integrated and central rangehoods, dishwashers, gas and integrated stoves, steam and microwave ovens, disinfection cabinets, gas water heaters, thin-walled refrigerators, sinks, water purif… Read more