Hitevision Co Ltd (002955) - Net Assets

Latest as of September 2025: CN¥3.32 Billion CNY ≈ $485.39 Million USD

Based on the latest financial reports, Hitevision Co Ltd (002955) has net assets worth CN¥3.32 Billion CNY (≈ $485.39 Million 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¥4.64 Billion ≈ $679.28 Million USD) and total liabilities (CN¥1.33 Billion ≈ $193.89 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 Hitevision Co Ltd (002955) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.32 Billion
% of Total Assets	71.46%
Annual Growth Rate	37.54%
5-Year Change	17.0%
10-Year Change	N/A
Growth Volatility	69.43

Hitevision Co Ltd - Net Assets Trend (2015–2024)

This chart illustrates how Hitevision Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002955 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Hitevision Co Ltd (2015–2024)

The table below shows the annual net assets of Hitevision Co Ltd from 2015 to 2024. For live valuation and market cap data, see how much is Hitevision Co Ltd worth.

Year	Net Assets	Change
2024-12-31	CN¥3.55 Billion ≈ $519.90 Million	+2.97%
2023-12-31	CN¥3.45 Billion ≈ $504.91 Million	-4.80%
2022-12-31	CN¥3.62 Billion ≈ $530.37 Million	+14.55%
2021-12-31	CN¥3.16 Billion ≈ $463.01 Million	+4.19%
2020-12-31	CN¥3.04 Billion ≈ $444.37 Million	+3.31%
2019-12-31	CN¥2.94 Billion ≈ $430.12 Million	+217.17%
2018-12-31	CN¥926.75 Million ≈ $135.61 Million	+24.50%
2017-12-31	CN¥744.39 Million ≈ $108.93 Million	+106.74%
2016-12-31	CN¥360.06 Million ≈ $52.69 Million	+78.58%
2015-12-31	CN¥201.63 Million ≈ $29.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hitevision 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 1228.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.43 Billion	40.64%
Common Stock	CN¥236.58 Million	6.73%
Other Comprehensive Income	CN¥143.00 Million	4.07%
Other Components	CN¥1.71 Billion	48.57%
Total Equity	CN¥3.52 Billion	100.00%

Hitevision Co Ltd Competitors by Market Cap

The table below lists competitors of Hitevision Co Ltd ranked by their market capitalization.

Company	Market Cap
Chengdu Xiling Power Science & Technology Incorporated Co Class A SHE:300733	$894.60 Million
NCR Voyix Corporation NYSE:VYX	$895.23 Million
Pantoro Gold Ltd AU:PNR	$895.30 Million
Xiamen 35Com Tech SHE:300051	$895.50 Million
GrocerIQ, Inc NYSE:WPFHD	$894.41 Million
Montepino Logistica SOCIMI S.A. PA:MLMTP	$894.28 Million
LIFETECH SCI.DL-00000125 F:81X	$893.41 Million
Huangshan Tourism Development Co Ltd A SHG:600054	$893.08 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hitevision Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,412,627,262 to 3,515,980,251, a change of 103,352,989 (3.0%).
Net income of 221,921,090 contributed positively to equity growth.
Dividend payments of 103,307,779 reduced retained earnings.
Share repurchases of 51,098,320 reduced equity.
Other comprehensive income increased equity by 143,000,382.
Other factors decreased equity by 107,162,384.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥221.92 Million	+6.31%
Dividends Paid	CN¥103.31 Million	-2.94%
Share Repurchases	CN¥51.10 Million	-1.45%
Other Comprehensive Income	CN¥143.00 Million	+4.07%
Other Changes	CN¥-107.16 Million	-3.05%
Total Change	CN¥-	3.03%

Book Value vs Market Value Analysis

This analysis compares Hitevision 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: 1.73x
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 22.42x to 1.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	CN¥1.15	CN¥25.83	x
2016-12-31	CN¥2.06	CN¥25.83	x
2017-12-31	CN¥4.47	CN¥25.83	x
2018-12-31	CN¥5.20	CN¥25.83	x
2019-12-31	CN¥12.53	CN¥25.83	x
2020-12-31	CN¥12.93	CN¥25.83	x
2021-12-31	CN¥13.42	CN¥25.83	x
2022-12-31	CN¥15.08	CN¥25.83	x
2023-12-31	CN¥14.49	CN¥25.83	x
2024-12-31	CN¥14.89	CN¥25.83	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hitevision 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): 6.31%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.30%
• Asset Turnover: 0.71x
• Equity Multiplier: 1.40x
Recent ROE (6.31%) is below the historical average (15.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	28.46%	2.95%	2.22x	4.36x	CN¥35.34 Million
2016	18.01%	2.27%	2.43x	3.26x	CN¥27.47 Million
2017	27.50%	5.65%	1.97x	2.47x	CN¥130.04 Million
2018	36.99%	7.68%	2.03x	2.37x	CN¥245.33 Million
2019	10.75%	6.50%	1.22x	1.36x	CN¥21.88 Million
2020	2.71%	2.04%	0.96x	1.37x	CN¥-219.93 Million
2021	5.38%	2.91%	1.23x	1.50x	CN¥-145.02 Million
2022	11.14%	8.71%	0.97x	1.32x	CN¥40.51 Million
2023	9.45%	8.21%	0.82x	1.41x	CN¥-18.68 Million
2024	6.31%	6.30%	0.71x	1.40x	CN¥-129.68 Million

Industry Comparison

This section compares Hitevision Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $2,959,429,291
Average return on equity (ROE) among peers: 10.19%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hitevision Co Ltd (002955)	CN¥3.32 Billion	28.46%	0.40x	$894.44 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$266.56 Million	3.44%	1.72x	$423.10 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$2.86 Billion	17.55%	2.07x	$1.63 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.09 Billion	2.98%	1.57x	$483.17 Million
CPT Technology Group Co Ltd (000536)	$3.32 Billion	10.43%	0.37x	$1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$6.06 Billion	5.92%	0.45x	$4.25 Billion
Xiamen Xindeco Ltd (000701)	$217.53 Million	0.00%	0.71x	$586.43 Million
BOE Technology Group Co Ltd (000725)	$466.65 Million	21.84%	0.74x	$21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$9.75 Billion	24.43%	0.39x	$3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$4.17 Billion	8.18%	0.30x	$2.15 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.38 Billion	7.09%	0.20x	$4.88 Billion

About Hitevision Co Ltd

SHE:002955 China Electronic Components

Market Cap

$894.44 Million

CN¥6.11 Billion CNY

Market Cap Rank

#9614 Global

#2686 in China

Share Price

CN¥25.83

Change (1 day)

+1.06%

52-Week Range

CN¥23.60 - CN¥30.78

All Time High

CN¥45.66