Guangdong Hoshion Aluminium Co Ltd
Guangdong Hoshion Industrial Aluminium Co., Ltd. engages in the research and development, production, and sale of industrial aluminum extrusion products in China. The company offers new energy and automotive products, including battery trays; battery module components; energy storage battery trays; thermal management components; bus bars; cylindrical and square shells; battery covers; collector p… Read more
Guangdong Hoshion Aluminium Co Ltd (002824) - Net Assets
Latest net assets as of September 2025: CN¥2.29 Billion CNY
Based on the latest financial reports, Guangdong Hoshion Aluminium Co Ltd (002824) has net assets worth CN¥2.29 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¥4.88 Billion) and total liabilities (CN¥2.59 Billion). 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¥2.29 Billion |
| % of Total Assets | 46.95% |
| Annual Growth Rate | 16.67% |
| 5-Year Change | 86.65% |
| 10-Year Change | 371.11% |
| Growth Volatility | 18.62 |
Guangdong Hoshion Aluminium Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Guangdong Hoshion Aluminium 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 Guangdong Hoshion Aluminium Co Ltd (2011–2024)
The table below shows the annual net assets of Guangdong Hoshion Aluminium Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.75 Billion | +1.56% |
| 2023-12-31 | CN¥1.72 Billion | +6.00% |
| 2022-12-31 | CN¥1.62 Billion | +39.75% |
| 2021-12-31 | CN¥1.16 Billion | +24.06% |
| 2020-12-31 | CN¥935.20 Million | +11.27% |
| 2019-12-31 | CN¥840.51 Million | +4.28% |
| 2018-12-31 | CN¥806.03 Million | +9.37% |
| 2017-12-31 | CN¥736.96 Million | +73.17% |
| 2016-12-31 | CN¥425.58 Million | +14.86% |
| 2015-12-31 | CN¥370.52 Million | +9.28% |
| 2014-12-31 | CN¥339.05 Million | +7.28% |
| 2013-12-31 | CN¥316.06 Million | +12.78% |
| 2012-12-31 | CN¥280.23 Million | +19.18% |
| 2011-12-31 | CN¥235.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Hoshion Aluminium 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 687.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥708.87 Million | 41.61% |
| Common Stock | CN¥279.11 Million | 16.39% |
| Other Comprehensive Income | CN¥143.93 Million | 8.45% |
| Other Components | CN¥571.53 Million | 33.55% |
| Total Equity | CN¥1.70 Billion | 100.00% |
Guangdong Hoshion Aluminium Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Hoshion Aluminium Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Huadu Supercenter Co Ltd
SHE:002264
|
$394.48 Million |
|
Himalaya Shipping Ltd.
NYSE:HSHP
|
$394.51 Million |
|
Apple Flavor&Fragrance Grp
SHG:603020
|
$394.55 Million |
|
Keeson Technology Corp Ltd
SHG:603610
|
$394.57 Million |
|
Bravura Solutions Ltd
AU:BVS
|
$394.35 Million |
|
Center International Group Co Ltd
SHG:603098
|
$394.20 Million |
|
Icahn Enterprises LP
NASDAQ:IEP
|
$394.05 Million |
|
ARMADA HOFFLER PR. DL-01
F:791
|
$394.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Hoshion Aluminium Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,676,286,504 to 1,703,450,653, a change of 27,164,149 (1.6%).
- Net income of 80,465,597 contributed positively to equity growth.
- Dividend payments of 75,358,096 reduced retained earnings.
- Share repurchases of 12,878,234 reduced equity.
- Other comprehensive income increased equity by 143,691,338.
- Other factors decreased equity by 108,756,456.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥80.47 Million | +4.72% |
| Dividends Paid | CN¥75.36 Million | -4.42% |
| Share Repurchases | CN¥12.88 Million | -0.76% |
| Other Comprehensive Income | CN¥143.69 Million | +8.44% |
| Other Changes | CN¥-108.76 Million | -6.38% |
| Total Change | CN¥- | 1.62% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Hoshion Aluminium 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: 3.13x
- 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 11.89x to 3.13x 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¥1.62 | CN¥19.24 | x |
| 2012-12-31 | CN¥1.48 | CN¥19.24 | x |
| 2013-12-31 | CN¥1.68 | CN¥19.24 | x |
| 2014-12-31 | CN¥1.80 | CN¥19.24 | x |
| 2015-12-31 | CN¥1.96 | CN¥19.24 | x |
| 2016-12-31 | CN¥2.27 | CN¥19.24 | x |
| 2017-12-31 | CN¥4.18 | CN¥19.24 | x |
| 2018-12-31 | CN¥4.00 | CN¥19.24 | x |
| 2019-12-31 | CN¥3.07 | CN¥19.24 | x |
| 2020-12-31 | CN¥3.41 | CN¥19.24 | x |
| 2021-12-31 | CN¥5.87 | CN¥19.24 | x |
| 2022-12-31 | CN¥5.87 | CN¥19.24 | x |
| 2023-12-31 | CN¥6.03 | CN¥19.24 | x |
| 2024-12-31 | CN¥6.14 | CN¥19.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Hoshion Aluminium 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): 4.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.41%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.35x
- Recent ROE (4.72%) is below the historical average (11.06%), 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 | 16.19% | 6.49% | 1.67x | 1.49x | CN¥14.55 Million |
| 2012 | 16.09% | 7.52% | 1.36x | 1.57x | CN¥17.07 Million |
| 2013 | 11.34% | 5.46% | 1.40x | 1.48x | CN¥4.23 Million |
| 2014 | 12.68% | 6.18% | 1.32x | 1.55x | CN¥9.09 Million |
| 2015 | 13.88% | 7.31% | 1.32x | 1.43x | CN¥14.37 Million |
| 2016 | 17.63% | 9.78% | 1.23x | 1.46x | CN¥32.46 Million |
| 2017 | 8.84% | 7.75% | 1.00x | 1.14x | CN¥-8.53 Million |
| 2018 | 2.50% | 1.76% | 0.91x | 1.56x | CN¥-56.15 Million |
| 2019 | 1.79% | 1.05% | 0.93x | 1.84x | CN¥-63.90 Million |
| 2020 | 8.69% | 5.08% | 0.97x | 1.77x | CN¥-11.42 Million |
| 2021 | 18.95% | 8.56% | 1.06x | 2.09x | CN¥97.41 Million |
| 2022 | 13.02% | 6.82% | 0.99x | 1.94x | CN¥47.52 Million |
| 2023 | 8.46% | 4.88% | 0.80x | 2.17x | CN¥-25.84 Million |
| 2024 | 4.72% | 2.41% | 0.83x | 2.35x | CN¥-89.88 Million |
Industry Comparison
This section compares Guangdong Hoshion Aluminium Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Hoshion Aluminium Co Ltd (002824) | CN¥2.29 Billion | 16.19% | 1.13x | $394.45 Million |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |