Guangdong Hoshion Aluminium Co Ltd (002824) - Net Assets
Based on the latest financial reports, Guangdong Hoshion Aluminium Co Ltd (002824) has net assets worth CN¥2.39 Billion CNY (≈ $349.59 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.83 Billion ≈ $852.66 Million USD) and total liabilities (CN¥3.44 Billion ≈ $503.07 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 Guangdong Hoshion Aluminium Co Ltd (002824) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.39 Billion |
| % of Total Assets | 41.0% |
| Annual Growth Rate | 17.86% |
| 5-Year Change | 102.42% |
| 10-Year Change | 451.83% |
| Growth Volatility | 18.44 |
Guangdong Hoshion Aluminium Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Guangdong Hoshion Aluminium Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002824 company net worth.
Annual Net Assets for Guangdong Hoshion Aluminium Co Ltd (2011–2025)
The table below shows the annual net assets of Guangdong Hoshion Aluminium Co Ltd from 2011 to 2025. Also explore 002824 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.35 Billion ≈ $343.66 Million |
+34.54% |
| 2024-12-31 | CN¥1.75 Billion ≈ $255.43 Million |
+1.56% |
| 2023-12-31 | CN¥1.72 Billion ≈ $251.51 Million |
+6.00% |
| 2022-12-31 | CN¥1.62 Billion ≈ $237.27 Million |
+39.75% |
| 2021-12-31 | CN¥1.16 Billion ≈ $169.77 Million |
+24.06% |
| 2020-12-31 | CN¥935.20 Million ≈ $136.85 Million |
+11.27% |
| 2019-12-31 | CN¥840.51 Million ≈ $122.99 Million |
+4.28% |
| 2018-12-31 | CN¥806.03 Million ≈ $117.95 Million |
+9.37% |
| 2017-12-31 | CN¥736.96 Million ≈ $107.84 Million |
+73.17% |
| 2016-12-31 | CN¥425.58 Million ≈ $62.28 Million |
+14.86% |
| 2015-12-31 | CN¥370.52 Million ≈ $54.22 Million |
+9.28% |
| 2014-12-31 | CN¥339.05 Million ≈ $49.61 Million |
+7.28% |
| 2013-12-31 | CN¥316.06 Million ≈ $46.25 Million |
+12.78% |
| 2012-12-31 | CN¥280.23 Million ≈ $41.01 Million |
+19.18% |
| 2011-12-31 | CN¥235.13 Million ≈ $34.41 Million |
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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 798.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥808.98 Million | 35.07% |
| Other Components | CN¥1.50 Billion | 64.93% |
| Total Equity | CN¥2.31 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 |
|---|---|
|
ACV Auctions Inc.
NASDAQ:ACVA
|
$1.29 Billion |
|
Guangzhou Metro Design And Research
SHE:003013
|
$1.29 Billion |
|
Xiamen Meiya Pico Information
SHE:300188
|
$1.29 Billion |
|
China Yuchai International Limited
F:CYD
|
$1.29 Billion |
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
$1.29 Billion |
|
TD Power Systems Limited
NSE:TDPOWERSYS
|
$1.29 Billion |
|
Digital Turbine Inc
NASDAQ:APPS
|
$1.29 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
$1.29 Billion |
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 2024 to 2025, total equity changed from 1,703,450,653 to 2,306,612,428, a change of 603,161,775 (35.4%).
- Net income of 154,869,016 contributed positively to equity growth.
- Dividend payments of 73,313,678 reduced retained earnings.
- Other comprehensive income decreased equity by 143,933,763.
- Other factors increased equity by 665,540,200.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥154.87 Million | +6.71% |
| Dividends Paid | CN¥73.31 Million | -3.18% |
| Other Comprehensive Income | CN¥-143.93 Million | -6.24% |
| Other Changes | CN¥665.54 Million | +28.85% |
| Total Change | CN¥- | 35.41% |
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: 3.83x
- 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 17.54x to 3.83x 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¥28.37 | x |
| 2012-12-31 | CN¥1.48 | CN¥28.37 | x |
| 2013-12-31 | CN¥1.68 | CN¥28.37 | x |
| 2014-12-31 | CN¥1.80 | CN¥28.37 | x |
| 2015-12-31 | CN¥1.96 | CN¥28.37 | x |
| 2016-12-31 | CN¥2.25 | CN¥28.37 | x |
| 2017-12-31 | CN¥2.99 | CN¥28.37 | x |
| 2018-12-31 | CN¥2.85 | CN¥28.37 | x |
| 2019-12-31 | CN¥3.21 | CN¥28.37 | x |
| 2020-12-31 | CN¥3.37 | CN¥28.37 | x |
| 2021-12-31 | CN¥4.22 | CN¥28.37 | x |
| 2022-12-31 | CN¥5.76 | CN¥28.37 | x |
| 2023-12-31 | CN¥6.03 | CN¥28.37 | x |
| 2024-12-31 | CN¥6.14 | CN¥28.37 | x |
| 2025-12-31 | CN¥7.41 | CN¥28.37 | 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): 6.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.86%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.29x
- Recent ROE (6.71%) is below the historical average (10.74%), 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 | 1.34% | 0.78% | 0.93x | 1.84x | CN¥-67.45 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 |
| 2025 | 6.71% | 3.86% | 0.76x | 2.29x | CN¥-75.79 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: $3,954,608,158
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Hoshion Aluminium Co Ltd (002824) | CN¥2.39 Billion | 16.19% | 1.44x | $1.29 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $4.31 Billion | 2.47% | 0.63x | $1.99 Billion |
| Yunnan Aluminium Co Ltd (000807) | $9.87 Billion | 1.13% | 2.24x | $13.89 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $14.38 Billion | 22.50% | 2.72x | $8.82 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $2.17 Billion | 7.66% | 0.75x | $841.89 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $3.15 Billion | 3.30% | 1.25x | $590.91 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.15 Billion | 1.73% | 1.43x | $1.68 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $177.33 Million | 29.72% | 1.35x | $522.45 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.67 Billion | 1.22% | 2.15x | $33.62 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $1.25 Billion | 11.31% | 0.78x | $675.32 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $1.42 Billion | 9.20% | 0.39x | $8.68 Billion |
About 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