Shenzhen Huijie Group Co Ltd (002763) - Net Assets
Based on the latest financial reports, Shenzhen Huijie Group Co Ltd (002763) has net assets worth CN¥2.13 Billion CNY (≈ $312.14 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.74 Billion ≈ $401.43 Million USD) and total liabilities (CN¥610.22 Million ≈ $89.29 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 002763 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.13 Billion |
| % of Total Assets | 77.76% |
| Annual Growth Rate | 11.1% |
| 5-Year Change | -0.55% |
| 10-Year Change | 35.88% |
| Growth Volatility | 32.55 |
Shenzhen Huijie Group Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Shenzhen Huijie Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Huijie Group Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Huijie Group Co Ltd (2014–2024)
The table below shows the annual net assets of Shenzhen Huijie Group Co Ltd from 2014 to 2024. For live valuation and market cap data, see 002763 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.06 Billion ≈ $301.32 Million |
-3.92% |
| 2023-12-31 | CN¥2.14 Billion ≈ $313.62 Million |
-0.87% |
| 2022-12-31 | CN¥2.16 Billion ≈ $316.38 Million |
+8.77% |
| 2021-12-31 | CN¥1.99 Billion ≈ $290.88 Million |
-3.99% |
| 2020-12-31 | CN¥2.07 Billion ≈ $302.98 Million |
+7.48% |
| 2019-12-31 | CN¥1.93 Billion ≈ $281.88 Million |
+3.54% |
| 2018-12-31 | CN¥1.86 Billion ≈ $272.23 Million |
+2.82% |
| 2017-12-31 | CN¥1.81 Billion ≈ $264.78 Million |
+9.28% |
| 2016-12-31 | CN¥1.66 Billion ≈ $242.29 Million |
+9.26% |
| 2015-12-31 | CN¥1.52 Billion ≈ $221.76 Million |
+110.86% |
| 2014-12-31 | CN¥718.72 Million ≈ $105.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Huijie Group 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 46.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥529.75 Million | 27.46% |
| Other Components | CN¥1.40 Billion | 72.54% |
| Total Equity | CN¥1.93 Billion | 100.00% |
Shenzhen Huijie Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Huijie Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sijin Intelligent Forming Machinery
SHE:003025
|
$564.68 Million |
|
Shanghai Phoenix Enterprise Group Co Ltd A
SHG:600679
|
$564.79 Million |
|
Pilani Investment and Industries Corporation Limited
NSE:PILANIINVS
|
$564.85 Million |
|
uPI Semiconductor Corp
TW:6719
|
$564.87 Million |
|
ICRA Limited
NSE:ICRA
|
$564.29 Million |
|
SandRidge Energy Inc
NYSE:SD
|
$564.11 Million |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$563.77 Million |
|
Huasu Holdings Co Ltd
SHE:000509
|
$563.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Huijie Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,020,035,918 to 1,928,979,991, a change of -91,055,928 (-4.5%).
- Net income of 79,049,451 contributed positively to equity growth.
- Dividend payments of 163,969,600 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.05 Million | +4.1% |
| Dividends Paid | CN¥163.97 Million | -8.5% |
| Other Changes | CN¥-6.14 Million | -0.32% |
| Total Change | CN¥- | -4.51% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Huijie Group 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: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.53 | CN¥9.41 | x |
| 2018-12-31 | CN¥4.65 | CN¥9.41 | x |
| 2019-12-31 | CN¥4.51 | CN¥9.41 | x |
| 2020-12-31 | CN¥4.83 | CN¥9.41 | x |
| 2021-12-31 | CN¥4.60 | CN¥9.41 | x |
| 2022-12-31 | CN¥4.97 | CN¥9.41 | x |
| 2023-12-31 | CN¥4.93 | CN¥9.41 | x |
| 2024-12-31 | CN¥4.71 | CN¥9.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Huijie Group 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): 4.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.68%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.47x
- Recent ROE (4.10%) is below the historical average (10.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 18.48% | 8.06% | 1.02x | 2.26x | CN¥60.93 Million |
| 2015 | 11.00% | 8.77% | 1.00x | 1.25x | CN¥15.01 Million |
| 2016 | 11.29% | 8.95% | 1.04x | 1.22x | CN¥20.97 Million |
| 2017 | 12.64% | 10.41% | 0.97x | 1.25x | CN¥46.38 Million |
| 2018 | 9.16% | 7.04% | 0.97x | 1.34x | CN¥-15.18 Million |
| 2019 | 9.79% | 7.02% | 1.03x | 1.35x | CN¥-3.91 Million |
| 2020 | 10.62% | 8.88% | 0.91x | 1.32x | CN¥12.32 Million |
| 2021 | 14.63% | 10.10% | 1.05x | 1.38x | CN¥87.39 Million |
| 2022 | 6.61% | 5.49% | 0.91x | 1.33x | CN¥-69.01 Million |
| 2023 | 9.00% | 6.21% | 1.03x | 1.41x | CN¥-20.12 Million |
| 2024 | 4.10% | 2.68% | 1.04x | 1.47x | CN¥-113.85 Million |
Industry Comparison
This section compares Shenzhen Huijie Group Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $3,330,114,933
- Average return on equity (ROE) among peers: -0.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Huijie Group Co Ltd (002763) | CN¥2.13 Billion | 18.48% | 0.29x | $564.46 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $4.24 Billion | 2.11% | 0.24x | $803.19 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $2.44 Billion | 0.72% | 1.36x | $4.02 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $602.42 Million | 1.65% | 4.73x | $1.84 Billion |
| Lu Thai Textile Co Ltd (000726) | $9.82 Billion | 4.18% | 0.42x | $566.63 Million |
| Anhui Huamao Textile Co Ltd (000850) | $4.77 Billion | 10.08% | 0.61x | $626.92 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.45 Billion | -0.77% | 1.20x | $1.96 Billion |
| Xinlong Holding Group Co Ltd (000955) | $656.03 Million | -11.72% | 0.66x | $409.68 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $1.23 Billion |
| Sunvim Group Co Ltd (002083) | $3.42 Billion | 11.87% | 1.48x | $1.57 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.69 Billion | 5.72% | 0.20x | $368.59 Million |
About Shenzhen Huijie Group Co Ltd
Shenzhen Huijie Group Co., Ltd. produces and sells underwear in China. The company provides bras, vests, home furnishings, warmth, swimwear, sports, functions, and socks, as well as women's skin care and beauty products. The company offers its products under the Manifen, Ives, Lanzhuoli, Sangfulan, Secret Weapon, and UNDERSTANCE brand names. The company was formerly known as Shenzhen Manni Fen Kn… Read more