Shenzhen Zhongheng Huafa Co Ltd Class B (200020) - Net Assets
Based on the latest financial reports, Shenzhen Zhongheng Huafa Co Ltd Class B (200020) has net assets worth HK$418.00 Million HKD (≈ $53.36 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$745.73 Million ≈ $95.20 Million USD) and total liabilities (HK$327.73 Million ≈ $41.84 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 Shenzhen Zhongheng Huafa Co Ltd Class B (200020) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | HK$418.00 Million |
| % of Total Assets | 56.05% |
| Annual Growth Rate | 2.89% |
| 5-Year Change | 20.05% |
| 10-Year Change | 29.62% |
| Growth Volatility | 13.82 |
Shenzhen Zhongheng Huafa Co Ltd Class B - Net Assets Trend (1991–2024)
This chart illustrates how Shenzhen Zhongheng Huafa Co Ltd Class B's net assets have evolved over time, based on quarterly financial data. Also explore 200020 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Zhongheng Huafa Co Ltd Class B (1991–2024)
The table below shows the annual net assets of Shenzhen Zhongheng Huafa Co Ltd Class B from 1991 to 2024. For live valuation and market cap data, see 200020 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$403.66 Million ≈ $51.53 Million |
+10.01% |
| 2023-12-31 | HK$366.92 Million ≈ $46.84 Million |
+3.77% |
| 2022-12-31 | HK$353.58 Million ≈ $45.14 Million |
+2.95% |
| 2021-12-31 | HK$343.45 Million ≈ $43.84 Million |
+2.14% |
| 2020-12-31 | HK$336.25 Million ≈ $42.92 Million |
+2.07% |
| 2019-12-31 | HK$329.43 Million ≈ $42.05 Million |
+1.69% |
| 2018-12-31 | HK$323.97 Million ≈ $41.36 Million |
+1.03% |
| 2017-12-31 | HK$320.67 Million ≈ $40.94 Million |
+0.30% |
| 2016-12-31 | HK$319.70 Million ≈ $40.81 Million |
+2.66% |
| 2015-12-31 | HK$311.41 Million ≈ $39.75 Million |
+10.68% |
| 2014-12-31 | HK$281.35 Million ≈ $35.92 Million |
+2.81% |
| 2013-12-31 | HK$273.66 Million ≈ $34.93 Million |
-2.33% |
| 2012-12-31 | HK$280.18 Million ≈ $35.77 Million |
+1.17% |
| 2011-12-31 | HK$276.94 Million ≈ $35.35 Million |
+3.89% |
| 2010-12-31 | HK$266.56 Million ≈ $34.03 Million |
+5.79% |
| 2009-12-31 | HK$251.96 Million ≈ $32.16 Million |
+1.68% |
| 2008-12-31 | HK$247.81 Million ≈ $31.63 Million |
+2.32% |
| 2007-12-31 | HK$242.20 Million ≈ $30.92 Million |
+8.20% |
| 2006-12-31 | HK$223.84 Million ≈ $28.57 Million |
-6.29% |
| 2005-12-31 | HK$238.86 Million ≈ $30.49 Million |
+2.85% |
| 2004-12-31 | HK$232.24 Million ≈ $29.65 Million |
-16.03% |
| 2003-12-31 | HK$276.58 Million ≈ $35.31 Million |
-5.92% |
| 2002-12-31 | HK$293.99 Million ≈ $37.53 Million |
+1.10% |
| 2001-12-31 | HK$290.78 Million ≈ $37.12 Million |
-2.86% |
| 2000-12-31 | HK$299.33 Million ≈ $38.21 Million |
-3.42% |
| 1999-12-31 | HK$309.94 Million ≈ $39.57 Million |
-0.91% |
| 1998-12-31 | HK$312.79 Million ≈ $39.93 Million |
-24.17% |
| 1997-12-31 | HK$412.50 Million ≈ $52.66 Million |
+9.96% |
| 1996-12-31 | HK$375.12 Million ≈ $47.89 Million |
+2.14% |
| 1995-12-31 | HK$367.26 Million ≈ $46.88 Million |
+10.03% |
| 1994-12-31 | HK$333.77 Million ≈ $42.61 Million |
+7.91% |
| 1993-12-31 | HK$309.30 Million ≈ $39.48 Million |
+15.39% |
| 1992-12-31 | HK$268.05 Million ≈ $34.22 Million |
+70.01% |
| 1991-12-31 | HK$157.67 Million ≈ $20.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Zhongheng Huafa Co Ltd Class B'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 decreased by 2794.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | HK$283.16 Million | 70.15% |
| Other Components | HK$223.97 Million | 55.48% |
| Total Equity | HK$403.66 Million | 100.00% |
Shenzhen Zhongheng Huafa Co Ltd Class B Competitors by Market Cap
The table below lists competitors of Shenzhen Zhongheng Huafa Co Ltd Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuanta Securities Korea Co Ltd Preference Shares
KO:003475
|
$38.68 Million |
|
Hochschild Mining plc
LSE:HOC
|
$38.68 Million |
|
Boer Power Holdings Limited
F:BOE
|
$38.69 Million |
|
BCM Resources Corp
V:B
|
$38.69 Million |
|
Sepeda Bersama Indonesia Tbk PT
JK:BIKE
|
$38.67 Million |
|
UNIQUE
KLSE:0257
|
$38.66 Million |
|
Total Soft Bank Ltd
KQ:045340
|
$38.66 Million |
|
Blackboxstocks Inc
NASDAQ:BLBX
|
$38.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Zhongheng Huafa Co Ltd Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 366,920,717 to 403,659,007, a change of 36,738,290 (10.0%).
- Net income of 36,738,290 contributed positively to equity growth.
- Other comprehensive income decreased equity by 50,075,868.
- Other factors increased equity by 50,075,868.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$36.74 Million | +9.1% |
| Other Comprehensive Income | HK$-50.08 Million | -12.41% |
| Other Changes | HK$50.08 Million | +12.41% |
| Total Change | HK$- | 10.01% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Zhongheng Huafa Co Ltd Class B'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: 2.08x
- 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 3.75x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | HK$0.79 | HK$2.97 | x |
| 2007-12-31 | HK$0.86 | HK$2.97 | x |
| 2008-12-31 | HK$0.87 | HK$2.97 | x |
| 2009-12-31 | HK$0.89 | HK$2.97 | x |
| 2010-12-31 | HK$0.94 | HK$2.97 | x |
| 2011-12-31 | HK$0.98 | HK$2.97 | x |
| 2012-12-31 | HK$0.99 | HK$2.97 | x |
| 2013-12-31 | HK$0.97 | HK$2.97 | x |
| 2014-12-31 | HK$0.99 | HK$2.97 | x |
| 2015-12-31 | HK$1.10 | HK$2.97 | x |
| 2016-12-31 | HK$1.13 | HK$2.97 | x |
| 2017-12-31 | HK$1.12 | HK$2.97 | x |
| 2018-12-31 | HK$1.14 | HK$2.97 | x |
| 2019-12-31 | HK$1.16 | HK$2.97 | x |
| 2020-12-31 | HK$1.19 | HK$2.97 | x |
| 2021-12-31 | HK$1.21 | HK$2.97 | x |
| 2022-12-31 | HK$1.25 | HK$2.97 | x |
| 2023-12-31 | HK$1.30 | HK$2.97 | x |
| 2024-12-31 | HK$1.43 | HK$2.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Zhongheng Huafa Co Ltd Class B 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): 9.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.50%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.69x
- Recent ROE (9.10%) is above the historical average (2.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 22.82% | 69.26% | 0.12x | 2.70x | HK$20.21 Million |
| 1992 | 14.99% | 91.73% | 0.10x | 1.70x | HK$13.37 Million |
| 1993 | 15.10% | 10.09% | 0.96x | 1.56x | HK$15.78 Million |
| 1994 | 13.69% | 13.45% | 0.77x | 1.32x | HK$12.33 Million |
| 1995 | 12.52% | 13.01% | 0.67x | 1.43x | HK$9.25 Million |
| 1996 | 10.24% | 12.82% | 0.53x | 1.52x | HK$905.16K |
| 1997 | -16.79% | -39.82% | 0.33x | 1.29x | HK$-110.52 Million |
| 1998 | -16.69% | -41.69% | 0.28x | 1.43x | HK$-83.47 Million |
| 1999 | 3.23% | 6.08% | 0.34x | 1.57x | HK$-20.98 Million |
| 2000 | 0.98% | 2.47% | 0.25x | 1.56x | HK$-27.00 Million |
| 2001 | 1.05% | 3.68% | 0.18x | 1.55x | HK$-26.03 Million |
| 2002 | 1.82% | 4.16% | 0.27x | 1.63x | HK$-24.04 Million |
| 2003 | -2.80% | -6.53% | 0.25x | 1.72x | HK$-35.39 Million |
| 2004 | -19.09% | -34.31% | 0.30x | 1.85x | HK$-67.57 Million |
| 2005 | 2.77% | 5.79% | 0.29x | 1.63x | HK$-17.26 Million |
| 2006 | -8.74% | -12.13% | 0.43x | 1.68x | HK$-41.94 Million |
| 2007 | 9.11% | 11.42% | 0.52x | 1.54x | HK$-2.15 Million |
| 2008 | 3.05% | 4.00% | 0.42x | 1.80x | HK$-17.21 Million |
| 2009 | 1.65% | 0.82% | 0.67x | 3.00x | HK$-21.04 Million |
| 2010 | 3.44% | 1.23% | 1.03x | 2.72x | HK$-17.48 Million |
| 2011 | 3.75% | 1.18% | 1.31x | 2.41x | HK$-17.32 Million |
| 2012 | 1.16% | 0.45% | 1.06x | 2.43x | HK$-24.78 Million |
| 2013 | -2.38% | -1.04% | 0.86x | 2.67x | HK$-33.88 Million |
| 2014 | 2.73% | 1.11% | 0.60x | 4.13x | HK$-20.45 Million |
| 2015 | -2.16% | -1.35% | 0.43x | 3.71x | HK$-37.87 Million |
| 2016 | 1.71% | 0.88% | 0.98x | 1.98x | HK$-26.51 Million |
| 2017 | 0.30% | 0.11% | 1.36x | 1.96x | HK$-31.09 Million |
| 2018 | 1.02% | 0.52% | 1.03x | 1.90x | HK$-29.10 Million |
| 2019 | 1.66% | 0.76% | 1.17x | 1.86x | HK$-27.48 Million |
| 2020 | 2.03% | 0.99% | 1.10x | 1.87x | HK$-26.79 Million |
| 2021 | 2.10% | 0.94% | 1.16x | 1.92x | HK$-27.14 Million |
| 2022 | 2.86% | 1.52% | 1.09x | 1.72x | HK$-25.23 Million |
| 2023 | 3.64% | 1.84% | 1.27x | 1.55x | HK$-23.35 Million |
| 2024 | 9.10% | 4.50% | 1.20x | 1.69x | HK$-3.63 Million |
Industry Comparison
This section compares Shenzhen Zhongheng Huafa Co Ltd Class B'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 |
|---|---|---|---|---|
| Shenzhen Zhongheng Huafa Co Ltd Class B (200020) | HK$418.00 Million | 22.82% | 0.78x | $38.67 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 Shenzhen Zhongheng Huafa Co Ltd Class B
Shenzhen Zhongheng Huafa Co., Ltd., together with its subsidiaries, produces and sells injection molded parts, foam parts, and liquid crystal display monitors. The company is also involved in property leasing and management businesses. The company was formerly known as Shenzhen Huafa Electronics Co.,Ltd. and changed its name to Shenzhen Zhongheng Huafa Co., Ltd. in September 2007. Shenzhen Zhongh… Read more