Guangdong Haomei New Material Co Lt
Guangdong Haomei New Materials Co.,Ltd researches, develops, manufactures and sells aluminum profiles in China. The company offers automotive lightweight materials, including anti-collision beams, battery trays, shock absorber brackets, power brackets, by-frames, and motor housing products. It also offers doors and windows systems; aluminum alloy building profiles; and industrial aluminum and for… Read more
Guangdong Haomei New Material Co Lt (002988) - Net Assets
Latest net assets as of September 2025: CN¥2.72 Billion CNY
Based on the latest financial reports, Guangdong Haomei New Material Co Lt (002988) has net assets worth CN¥2.72 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¥6.70 Billion) and total liabilities (CN¥3.98 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¥2.72 Billion |
| % of Total Assets | 40.58% |
| Annual Growth Rate | 13.11% |
| 5-Year Change | 24.34% |
| 10-Year Change | N/A |
| Growth Volatility | 14.43 |
Guangdong Haomei New Material Co Lt - Net Assets Trend (2015–2024)
This chart illustrates how Guangdong Haomei New Material Co Lt'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 Haomei New Material Co Lt (2015–2024)
The table below shows the annual net assets of Guangdong Haomei New Material Co Lt from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.64 Billion | +4.17% |
| 2023-12-31 | CN¥2.53 Billion | +15.75% |
| 2022-12-31 | CN¥2.19 Billion | -1.76% |
| 2021-12-31 | CN¥2.23 Billion | +4.98% |
| 2020-12-31 | CN¥2.12 Billion | +49.62% |
| 2019-12-31 | CN¥1.42 Billion | +13.46% |
| 2018-12-31 | CN¥1.25 Billion | +8.28% |
| 2017-12-31 | CN¥1.15 Billion | +23.73% |
| 2016-12-31 | CN¥932.81 Million | +7.16% |
| 2015-12-31 | CN¥870.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Haomei New Material Co Lt'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 101579743800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.02 Billion | 38.51% |
| Common Stock | CN¥247.96 Million | 9.40% |
| Other Components | CN¥1.37 Billion | 52.09% |
| Total Equity | CN¥2.64 Billion | 100.00% |
Guangdong Haomei New Material Co Lt Competitors by Market Cap
The table below lists competitors of Guangdong Haomei New Material Co Lt ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seegene Inc
KQ:096530
|
$476.58 Million |
|
Shen Ma Industry Co Ltd
SHG:600810
|
$476.84 Million |
|
Rogers Sugar Inc
PINK:RSGUF
|
$476.94 Million |
|
Bright Minds Biosciences Inc
NASDAQ:DRUG
|
$476.95 Million |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427
|
$476.41 Million |
|
Drägerwerk AG & Co. KGaA
PINK:DGWPF
|
$476.36 Million |
|
Hanwang Technology Co Ltd
SHE:002362
|
$476.09 Million |
|
Topdanmark AS
PINK:TPDKY
|
$476.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Haomei New Material Co Lt's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,535,169,413 to 2,637,877,529, a change of 102,708,116 (4.1%).
- Net income of 209,404,511 contributed positively to equity growth.
- Dividend payments of 126,677,219 reduced retained earnings.
- Share repurchases of 45,000,000 reduced equity.
- Other factors increased equity by 64,980,824.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥209.40 Million | +7.94% |
| Dividends Paid | CN¥126.68 Million | -4.8% |
| Share Repurchases | CN¥45.00 Million | -1.71% |
| Other Changes | CN¥64.98 Million | +2.46% |
| Total Change | CN¥- | 4.05% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Haomei New Material Co Lt'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: 3.08x
- 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 6.34x to 3.08x 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¥5.28 | CN¥33.49 | x |
| 2016-12-31 | CN¥5.66 | CN¥33.49 | x |
| 2017-12-31 | CN¥6.86 | CN¥33.49 | x |
| 2018-12-31 | CN¥7.15 | CN¥33.49 | x |
| 2019-12-31 | CN¥8.14 | CN¥33.49 | x |
| 2020-12-31 | CN¥9.11 | CN¥33.49 | x |
| 2021-12-31 | CN¥9.57 | CN¥33.49 | x |
| 2022-12-31 | CN¥9.41 | CN¥33.49 | x |
| 2023-12-31 | CN¥10.63 | CN¥33.49 | x |
| 2024-12-31 | CN¥10.87 | CN¥33.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Haomei New Material Co Lt 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): 7.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.14%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.43x
- Recent ROE (7.94%) is above the historical average (7.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.13% | 5.02% | 0.98x | 2.26x | CN¥9.86 Million |
| 2016 | 9.72% | 4.66% | 0.89x | 2.34x | CN¥-2.64 Million |
| 2017 | 9.76% | 4.77% | 0.98x | 2.09x | CN¥-2.73 Million |
| 2018 | 7.55% | 3.52% | 1.01x | 2.12x | CN¥-30.63 Million |
| 2019 | 11.80% | 5.64% | 1.01x | 2.07x | CN¥25.58 Million |
| 2020 | 5.47% | 3.37% | 0.86x | 1.89x | CN¥-96.17 Million |
| 2021 | 6.25% | 2.49% | 1.11x | 2.26x | CN¥-83.66 Million |
| 2022 | -5.09% | -2.06% | 1.03x | 2.41x | CN¥-330.46 Million |
| 2023 | 7.15% | 3.03% | 1.01x | 2.33x | CN¥-72.22 Million |
| 2024 | 7.94% | 3.14% | 1.04x | 2.43x | CN¥-54.38 Million |
Industry Comparison
This section compares Guangdong Haomei New Material Co Lt'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 Haomei New Material Co Lt (002988) | CN¥2.72 Billion | 11.13% | 1.46x | $476.41 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 |