Hangzhou Weiguang Electronic Co Ltd
Hangzhou Weiguang Electronic Co.,Ltd. engages in the research and development, production, and sales of motors, fans, micro motors, drives and controllers, robots and automation equipment, pumps, and new energy vehicle parts in China. It offers axial fan, centrifugal fan, motors, YGF-Series cross fans, compact axial fan motor, and servo motors and drive technology. Its motors are used in refriger… Read more
Hangzhou Weiguang Electronic Co Ltd (002801) - Net Assets
Latest net assets as of September 2025: CN¥1.84 Billion CNY
Based on the latest financial reports, Hangzhou Weiguang Electronic Co Ltd (002801) has net assets worth CN¥1.84 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¥2.18 Billion) and total liabilities (CN¥342.62 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¥1.84 Billion |
| % of Total Assets | 84.29% |
| Annual Growth Rate | 18.96% |
| 5-Year Change | 40.72% |
| 10-Year Change | 303.08% |
| Growth Volatility | 19.36 |
Hangzhou Weiguang Electronic Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Hangzhou Weiguang Electronic 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 Hangzhou Weiguang Electronic Co Ltd (2011–2024)
The table below shows the annual net assets of Hangzhou Weiguang Electronic Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.65 Billion | +10.59% |
| 2023-12-31 | CN¥1.50 Billion | -2.45% |
| 2022-12-31 | CN¥1.53 Billion | +14.74% |
| 2021-12-31 | CN¥1.34 Billion | +13.70% |
| 2020-12-31 | CN¥1.18 Billion | +15.35% |
| 2019-12-31 | CN¥1.02 Billion | +12.06% |
| 2018-12-31 | CN¥909.50 Million | +8.43% |
| 2017-12-31 | CN¥838.80 Million | +12.25% |
| 2016-12-31 | CN¥747.23 Million | +82.06% |
| 2015-12-31 | CN¥410.44 Million | +21.78% |
| 2014-12-31 | CN¥337.05 Million | +22.96% |
| 2013-12-31 | CN¥274.12 Million | +24.37% |
| 2012-12-31 | CN¥220.40 Million | +27.34% |
| 2011-12-31 | CN¥173.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Weiguang Electronic 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 1406.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.19 Billion | 71.70% |
| Common Stock | CN¥229.63 Million | 13.88% |
| Other Comprehensive Income | CN¥174.83 Million | 10.57% |
| Other Components | CN¥63.75 Million | 3.85% |
| Total Equity | CN¥1.65 Billion | 100.00% |
Hangzhou Weiguang Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Weiguang Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tanla Platforms Limited
NSE:TANLA
|
$278.61 Million |
|
Jiangsu Holly Corp
SHG:600128
|
$278.62 Million |
|
ASRock Inc
TW:3515
|
$278.75 Million |
|
Hunan Resun Co Ltd
SHE:001218
|
$278.75 Million |
|
Liaoning Fu-An
SHG:603315
|
$278.47 Million |
|
Oncology Institute Inc
NASDAQ:TOI
|
$278.45 Million |
|
Village Farms International Inc
NASDAQ:VFF
|
$278.43 Million |
|
Matrix Service Co
NASDAQ:MTRX
|
$278.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Weiguang Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,496,011,612 to 1,654,384,800, a change of 158,373,188 (10.6%).
- Net income of 220,570,431 contributed positively to equity growth.
- Dividend payments of 68,277,015 reduced retained earnings.
- Other comprehensive income increased equity by 170,009,522.
- Other factors decreased equity by 163,929,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥220.57 Million | +13.33% |
| Dividends Paid | CN¥68.28 Million | -4.13% |
| Other Comprehensive Income | CN¥170.01 Million | +10.28% |
| Other Changes | CN¥-163.93 Million | -9.91% |
| Total Change | CN¥- | 10.59% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Weiguang Electronic 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: 4.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 33.75x to 4.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.00 | CN¥33.89 | x |
| 2012-12-31 | CN¥1.28 | CN¥33.89 | x |
| 2013-12-31 | CN¥1.59 | CN¥33.89 | x |
| 2014-12-31 | CN¥1.96 | CN¥33.89 | x |
| 2015-12-31 | CN¥2.38 | CN¥33.89 | x |
| 2016-12-31 | CN¥3.72 | CN¥33.89 | x |
| 2017-12-31 | CN¥3.64 | CN¥33.89 | x |
| 2018-12-31 | CN¥3.86 | CN¥33.89 | x |
| 2019-12-31 | CN¥4.42 | CN¥33.89 | x |
| 2020-12-31 | CN¥5.11 | CN¥33.89 | x |
| 2021-12-31 | CN¥5.82 | CN¥33.89 | x |
| 2022-12-31 | CN¥6.67 | CN¥33.89 | x |
| 2023-12-31 | CN¥6.55 | CN¥33.89 | x |
| 2024-12-31 | CN¥7.20 | CN¥33.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Weiguang Electronic 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): 13.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.65%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.27x
- Recent ROE (13.33%) is below the historical average (17.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.07% | 15.85% | 1.40x | 1.22x | CN¥29.54 Million |
| 2012 | 24.37% | 17.51% | 1.15x | 1.21x | CN¥31.68 Million |
| 2013 | 22.40% | 17.47% | 1.04x | 1.24x | CN¥33.98 Million |
| 2014 | 21.03% | 17.98% | 0.99x | 1.18x | CN¥37.17 Million |
| 2015 | 20.03% | 20.71% | 0.81x | 1.20x | CN¥41.18 Million |
| 2016 | 13.37% | 22.66% | 0.52x | 1.13x | CN¥25.21 Million |
| 2017 | 12.82% | 18.91% | 0.58x | 1.17x | CN¥23.69 Million |
| 2018 | 11.03% | 15.04% | 0.59x | 1.25x | CN¥9.08 Million |
| 2019 | 16.28% | 20.81% | 0.65x | 1.21x | CN¥63.79 Million |
| 2020 | 16.48% | 24.24% | 0.57x | 1.18x | CN¥76.07 Million |
| 2021 | 19.03% | 22.89% | 0.70x | 1.19x | CN¥120.76 Million |
| 2022 | 20.09% | 25.56% | 0.68x | 1.16x | CN¥154.66 Million |
| 2023 | 8.09% | 9.55% | 0.70x | 1.20x | CN¥-28.52 Million |
| 2024 | 13.33% | 15.65% | 0.67x | 1.27x | CN¥55.13 Million |
Industry Comparison
This section compares Hangzhou Weiguang Electronic Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Weiguang Electronic Co Ltd (002801) | CN¥1.84 Billion | 27.07% | 0.19x | $278.49 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |