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¥11.49 Billion CNY (≈ $1.68 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.75 Billion ≈ $2.45 Billion USD) and total liabilities (CN¥5.26 Billion ≈ $769.62 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 asset resilience ratio of Hangzhou Robam Appliances Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.49 Billion |
| % of Total Assets | 68.6% |
| Annual Growth Rate | 29.36% |
| 5-Year Change | 37.5% |
| 10-Year Change | 255.81% |
| Growth Volatility | 55.75 |
Hangzhou Robam Appliances Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Hangzhou Robam Appliances Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hangzhou Robam Appliances Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Robam Appliances Co Ltd (2007–2024)
The table below shows the annual net assets of Hangzhou Robam Appliances Co Ltd from 2007 to 2024. For live valuation and market cap data, see Hangzhou Robam Appliances Co Ltd (002508) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 34524.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.62 Billion | 86.07% |
| Common Stock | CN¥944.78 Million | 8.45% |
| Other Components | CN¥612.59 Million | 5.48% |
| Total Equity | CN¥11.18 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 |
|---|---|
|
Runjian Communication Co Ltd Class A
SHE:002929
|
$2.48 Billion |
|
Guangdong Create Century Intelligent Equipment Group Corp Ltd
SHE:300083
|
$2.48 Billion |
|
Genting Bhd
KLSE:3182
|
$2.48 Billion |
|
CompoSecure, Inc.
NASDAQ:CMPO
|
$2.49 Billion |
|
Clas Ohlson AB (publ)
ST:CLAS-B
|
$2.48 Billion |
|
Shenzhen Suntak Circuit Technology Co Ltd
SHE:002815
|
$2.48 Billion |
|
WeRide Inc. American Depositary Shares
NASDAQ:WRD
|
$2.48 Billion |
|
Bangkok Expressway and Metro Public Company Limited
BK:BEM
|
$2.47 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 2023 to 2024, total equity changed from 10,522,938,731 to 11,178,437,443, a change of 655,498,712 (6.2%).
- Net income of 1,577,400,605 contributed positively to equity growth.
- Dividend payments of 1,418,983,928 reduced retained earnings.
- Other comprehensive income decreased equity by 384,337,659.
- Other factors increased equity by 881,419,694.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.58 Billion | +14.11% |
| Dividends Paid | CN¥1.42 Billion | -12.69% |
| Other Comprehensive Income | CN¥-384.34 Million | -3.44% |
| Other Changes | CN¥881.42 Million | +7.88% |
| Total Change | CN¥- | 6.23% |
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: 1.52x
- 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 82.24x to 1.52x 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¥17.93 | x |
| 2008-12-31 | CN¥0.53 | CN¥17.93 | x |
| 2009-12-31 | CN¥0.60 | CN¥17.93 | x |
| 2010-12-31 | CN¥1.64 | CN¥17.93 | x |
| 2011-12-31 | CN¥1.61 | CN¥17.93 | x |
| 2012-12-31 | CN¥1.85 | CN¥17.93 | x |
| 2013-12-31 | CN¥2.17 | CN¥17.93 | x |
| 2014-12-31 | CN¥2.57 | CN¥17.93 | x |
| 2015-12-31 | CN¥3.35 | CN¥17.93 | x |
| 2016-12-31 | CN¥4.34 | CN¥17.93 | x |
| 2017-12-31 | CN¥5.54 | CN¥17.93 | x |
| 2018-12-31 | CN¥6.36 | CN¥17.93 | x |
| 2019-12-31 | CN¥7.23 | CN¥17.93 | x |
| 2020-12-31 | CN¥8.48 | CN¥17.93 | x |
| 2021-12-31 | CN¥9.13 | CN¥17.93 | x |
| 2022-12-31 | CN¥10.31 | CN¥17.93 | x |
| 2023-12-31 | CN¥11.11 | CN¥17.93 | x |
| 2024-12-31 | CN¥11.83 | CN¥17.93 | 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): 14.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.07%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.52x
- Recent ROE (14.11%) is below the historical average (20.63%), 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 |
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: $21,905,636,868
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Robam Appliances Co Ltd (002508) | CN¥11.49 Billion | 42.73% | 0.46x | $2.48 Billion |
| Midea Group Co Ltd (000333) | $107.50 Billion | 22.52% | 1.81x | $82.47 Billion |
| Changhong Meiling Co Ltd (000521) | $879.37 Million | 0.76% | 1.77x | $730.28 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $107.93 Billion | 21.37% | 1.96x | $32.83 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-842.15 Million | 0.00% | 0.00x | $3.25 Billion |
| Suncha Technology Co Ltd (001211) | $929.64 Million | 7.56% | 0.38x | $439.66 Million |
| Elec-Tech International Co Ltd (002005) | $114.44 Million | 40.36% | 2.94x | $741.10 Million |
| Zhejiang Supor Co Ltd (002032) | $905.66 Million | 11.04% | 0.85x | $5.52 Billion |
| Vatti Corp Ltd (002035) | $112.32 Million | 31.19% | 1.62x | $730.59 Million |
| CNlight Co Ltd (002076) | $388.80 Million | 2.76% | 0.26x | $355.44 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.15 Billion | 4.02% | 0.60x | $364.92 Million |
About Hangzhou Robam Appliances Co Ltd
Hangzhou Robam Appliances Co., Ltd. focuses on the research and development, production, and selling kitchen appliances under the ROBAM brand in China and internationally. The company offers range hoods, gas stoves, disinfection cabinet, steamer, cooktops, electric oven, dishwasher, water purifier, microwave oven, integrated stove, and purification sink, as well as gas water heaters.It also provi… Read more