Xin Hee Co Ltd
Xin Hee Co.,Ltd. designs, produces, and sells women's clothing in China and internationally. It also offers footwear, hats, gloves, bags, fur and leather, accessories, glasses, and knitwear, as well as produces and processes crocheted products. In addition, the company operates self-operated and distribution stores. It offers products under the JORYA, "NM"NI Enmanlin, Caroline, JORYA weekend, and… Read more
Xin Hee Co Ltd (003016) - Net Assets
Latest net assets as of September 2025: CN¥2.68 Billion CNY
Based on the latest financial reports, Xin Hee Co Ltd (003016) has net assets worth CN¥2.68 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¥3.45 Billion) and total liabilities (CN¥776.65 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¥2.68 Billion |
| % of Total Assets | 77.52% |
| Annual Growth Rate | 10.26% |
| 5-Year Change | -9.03% |
| 10-Year Change | 51.52% |
| Growth Volatility | 19.96 |
Xin Hee Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Xin Hee 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 Xin Hee Co Ltd (2011–2024)
The table below shows the annual net assets of Xin Hee Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.66 Billion | -5.86% |
| 2023-12-31 | CN¥2.82 Billion | -0.93% |
| 2022-12-31 | CN¥2.85 Billion | -6.46% |
| 2021-12-31 | CN¥3.04 Billion | +4.27% |
| 2020-12-31 | CN¥2.92 Billion | +48.14% |
| 2019-12-31 | CN¥1.97 Billion | +8.18% |
| 2018-12-31 | CN¥1.82 Billion | +2.82% |
| 2017-12-31 | CN¥1.77 Billion | +1.55% |
| 2016-12-31 | CN¥1.75 Billion | -0.45% |
| 2015-12-31 | CN¥1.75 Billion | +2.67% |
| 2014-12-31 | CN¥1.71 Billion | +23.33% |
| 2013-12-31 | CN¥1.38 Billion | +15.31% |
| 2012-12-31 | CN¥1.20 Billion | +60.98% |
| 2011-12-31 | CN¥745.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xin Hee 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 87454726964.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥837.03 Million | 31.51% |
| Common Stock | CN¥428.52 Million | 16.13% |
| Other Comprehensive Income | CN¥237.02 Million | 8.92% |
| Other Components | CN¥1.15 Billion | 43.43% |
| Total Equity | CN¥2.66 Billion | 100.00% |
Xin Hee Co Ltd Competitors by Market Cap
The table below lists competitors of Xin Hee Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Copperstone Resources AB Series B
LSE:0G3L
|
$125.07 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
$125.11 Million |
|
Wei Chuan Foods Corp
TW:1201
|
$125.16 Million |
|
Xinjiang Hongtong Natural Gas Co. Ltd.
SHG:605169
|
$125.20 Million |
|
RESERVOIR MEDIA DL-0001
F:0RL0
|
$125.05 Million |
|
Vadilal Industries Limited
NSE:VADILALIND
|
$124.98 Million |
|
Red Trail Energy LLC
OTCGREY:REGX
|
$124.96 Million |
|
Suzhou Weizhixiang Food Co. Ltd.
SHG:605089
|
$124.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xin Hee Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,821,329,826 to 2,656,045,309, a change of -165,284,517 (-5.9%).
- Net loss of 67,378,142 reduced equity.
- Dividend payments of 103,198,755 reduced retained earnings.
- Share repurchases of 5,169,426 reduced equity.
- Other comprehensive income increased equity by 237,024,276.
- Other factors decreased equity by 226,562,470.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-67.38 Million | -2.54% |
| Dividends Paid | CN¥103.20 Million | -3.89% |
| Share Repurchases | CN¥5.17 Million | -0.19% |
| Other Comprehensive Income | CN¥237.02 Million | +8.92% |
| Other Changes | CN¥-226.56 Million | -8.53% |
| Total Change | CN¥- | -5.86% |
Book Value vs Market Value Analysis
This analysis compares Xin Hee 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: 1.31x
- 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 3.56x to 1.31x 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¥2.33 | CN¥8.29 | x |
| 2012-12-31 | CN¥3.75 | CN¥8.29 | x |
| 2013-12-31 | CN¥4.31 | CN¥8.29 | x |
| 2014-12-31 | CN¥5.33 | CN¥8.29 | x |
| 2015-12-31 | CN¥5.50 | CN¥8.29 | x |
| 2016-12-31 | CN¥5.45 | CN¥8.29 | x |
| 2017-12-31 | CN¥5.54 | CN¥8.29 | x |
| 2018-12-31 | CN¥5.69 | CN¥8.29 | x |
| 2019-12-31 | CN¥4.62 | CN¥8.29 | x |
| 2020-12-31 | CN¥9.13 | CN¥8.29 | x |
| 2021-12-31 | CN¥7.14 | CN¥8.29 | x |
| 2022-12-31 | CN¥6.65 | CN¥8.29 | x |
| 2023-12-31 | CN¥6.74 | CN¥8.29 | x |
| 2024-12-31 | CN¥6.35 | CN¥8.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xin Hee 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): -2.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.79%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.30x
- Recent ROE (-2.54%) is below the historical average (17.21%), 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 | 59.06% | 23.58% | 0.92x | 2.72x | CN¥365.96 Million |
| 2012 | 37.89% | 22.72% | 1.30x | 1.28x | CN¥334.92 Million |
| 2013 | 26.22% | 17.32% | 1.15x | 1.31x | CN¥224.51 Million |
| 2014 | 31.13% | 23.96% | 1.04x | 1.25x | CN¥360.78 Million |
| 2015 | 20.55% | 19.87% | 0.85x | 1.22x | CN¥184.94 Million |
| 2016 | 10.58% | 12.33% | 0.70x | 1.22x | CN¥10.18 Million |
| 2017 | 10.84% | 11.76% | 0.74x | 1.25x | CN¥14.88 Million |
| 2018 | 11.29% | 11.69% | 0.75x | 1.29x | CN¥23.50 Million |
| 2019 | 12.29% | 12.33% | 0.77x | 1.30x | CN¥45.12 Million |
| 2020 | 6.10% | 9.72% | 0.51x | 1.23x | CN¥-113.73 Million |
| 2021 | 9.47% | 13.72% | 0.55x | 1.25x | CN¥-16.11 Million |
| 2022 | 4.53% | 7.41% | 0.48x | 1.28x | CN¥-155.67 Million |
| 2023 | 3.55% | 5.69% | 0.48x | 1.29x | CN¥-182.00 Million |
| 2024 | -2.54% | -4.79% | 0.41x | 1.30x | CN¥-332.98 Million |
Industry Comparison
This section compares Xin Hee Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,325,523,488
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xin Hee Co Ltd (003016) | CN¥2.68 Billion | 59.06% | 0.29x | $125.05 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $1.69 Billion | 10.00% | 0.41x | $872.92 Million |
| Fujian Septwolves Industry Co Ltd (002029) | $4.34 Billion | 12.93% | 0.28x | $455.31 Million |
| Fujian SBS Zipper Science Tech (002098) | $907.36 Million | 22.11% | 1.44x | $193.92 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $4.05 Billion | 11.33% | 0.48x | $465.11 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $451.05 Million | 7.04% | 5.02x | $376.25 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $1.35 Billion | 5.95% | 0.28x | $265.95 Million |
| Cedar Development Co Ltd (002485) | $1.98 Billion | 0.38% | 0.24x | $115.45 Million |
| Huasi Agricultural Development Co Ltd (002494) | $126.35 Million | 16.94% | 0.98x | $193.25 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $7.76 Billion | 15.77% | 0.17x | $517.45 Million |
| Zhejiang Busen Garments Co Ltd (002569) | $613.00 Million | 6.55% | 0.44x | $191.63 Million |