Hangzhou Huaxing Chuangye Communication Technology Co Ltd

SHE:300025 China Telecom Services
Market Cap
$400.11 Million
CN¥2.94 Billion CNY
Market Cap Rank
#12343 Global
#3036 in China
Share Price
CN¥5.77
Change (1 day)
-2.53%
52-Week Range
CN¥5.65 - CN¥8.57
All Time High
CN¥18.36
About

Hangzhou Huaxing Chuangye Communication Technology Co., Ltd., together with its subsidiaries, provides mobile communication network technology services and related products in China and internationally. The company offers wireless test system, a test product for collecting, analyzing, and optimizing analysis report for wireless network data; wireless test terminal for mobile communication, a wire… Read more

Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) - Net Assets

Latest net assets as of September 2025: CN¥539.61 Million CNY

Based on the latest financial reports, Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) has net assets worth CN¥539.61 Million 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¥897.49 Million) and total liabilities (CN¥357.87 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¥539.61 Million
% of Total Assets 60.12%
Annual Growth Rate 21.06%
5-Year Change 79.54%
10-Year Change -30.98%
Growth Volatility 83.23

Hangzhou Huaxing Chuangye Communication Technology Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Hangzhou Huaxing Chuangye Communication Technology 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 Hangzhou Huaxing Chuangye Communication Technology Co Ltd (2006–2024)

The table below shows the annual net assets of Hangzhou Huaxing Chuangye Communication Technology Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥582.38 Million -13.15%
2023-12-31 CN¥670.53 Million -0.45%
2022-12-31 CN¥673.56 Million +124.44%
2021-12-31 CN¥300.10 Million -7.48%
2020-12-31 CN¥324.37 Million -32.32%
2019-12-31 CN¥479.26 Million -37.15%
2018-12-31 CN¥762.52 Million -4.71%
2017-12-31 CN¥800.19 Million -18.18%
2016-12-31 CN¥977.94 Million +15.89%
2015-12-31 CN¥843.83 Million +9.07%
2014-12-31 CN¥773.67 Million +11.84%
2013-12-31 CN¥691.74 Million +50.98%
2012-12-31 CN¥458.15 Million +8.38%
2011-12-31 CN¥422.72 Million +30.77%
2010-12-31 CN¥323.25 Million +25.41%
2009-12-31 CN¥257.76 Million +335.39%
2008-12-31 CN¥59.20 Million +94.24%
2007-12-31 CN¥30.48 Million +63.37%
2006-12-31 CN¥18.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hangzhou Huaxing Chuangye Communication Technology 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 decreased by 1878.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥508.79 Million 87.66%
Other Comprehensive Income CN¥5.45 Million 0.94%
Other Components CN¥306.48 Million 52.80%
Total Equity CN¥580.42 Million 100.00%

Hangzhou Huaxing Chuangye Communication Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Hangzhou Huaxing Chuangye Communication Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hangzhou Huaxing Chuangye Communication Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 670,516,788 to 580,420,376, a change of -90,096,412 (-13.4%).
  • Net loss of 78,479,949 reduced equity.
  • Dividend payments of 5,647,585 reduced retained earnings.
  • Other comprehensive income decreased equity by 11,564,344.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-78.48 Million -13.52%
Dividends Paid CN¥5.65 Million -0.97%
Other Comprehensive Income CN¥-11.56 Million -1.99%
Other Changes CN¥5.60 Million +0.96%
Total Change CN¥- -13.44%

Book Value vs Market Value Analysis

This analysis compares Hangzhou Huaxing Chuangye Communication Technology 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: 5.06x
  • 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 35.48x to 5.06x 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 CN¥0.16 CN¥5.77 x
2007-12-31 CN¥0.27 CN¥5.77 x
2008-12-31 CN¥0.25 CN¥5.77 x
2009-12-31 CN¥1.05 CN¥5.77 x
2010-12-31 CN¥1.40 CN¥5.77 x
2011-12-31 CN¥1.00 CN¥5.77 x
2012-12-31 CN¥1.10 CN¥5.77 x
2013-12-31 CN¥1.88 CN¥5.77 x
2014-12-31 CN¥1.75 CN¥5.77 x
2015-12-31 CN¥1.92 CN¥5.77 x
2016-12-31 CN¥2.03 CN¥5.77 x
2017-12-31 CN¥1.73 CN¥5.77 x
2018-12-31 CN¥1.77 CN¥5.77 x
2019-12-31 CN¥1.11 CN¥5.77 x
2020-12-31 CN¥0.75 CN¥5.77 x
2021-12-31 CN¥0.70 CN¥5.77 x
2022-12-31 CN¥1.46 CN¥5.77 x
2023-12-31 CN¥1.33 CN¥5.77 x
2024-12-31 CN¥1.14 CN¥5.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hangzhou Huaxing Chuangye Communication Technology 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): -13.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.36%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 1.67x
  • Recent ROE (-13.52%) is below the historical average (4.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 54.53% 18.50% 1.59x 1.86x CN¥8.14 Million
2007 45.93% 17.86% 1.46x 1.77x CN¥10.82 Million
2008 29.68% 14.90% 1.37x 1.45x CN¥11.56 Million
2009 10.25% 16.95% 0.51x 1.18x CN¥647.92K
2010 13.74% 16.45% 0.58x 1.43x CN¥10.80 Million
2011 12.03% 7.41% 0.68x 2.37x CN¥6.40 Million
2012 8.16% 4.47% 0.69x 2.66x CN¥-6.33 Million
2013 9.56% 8.77% 0.56x 1.94x CN¥-2.88 Million
2014 12.03% 8.41% 0.61x 2.34x CN¥15.02 Million
2015 13.01% 8.47% 0.58x 2.64x CN¥25.08 Million
2016 8.38% 5.72% 0.43x 3.41x CN¥-14.53 Million
2017 -18.00% -9.43% 0.47x 4.06x CN¥-207.59 Million
2018 1.44% 0.80% 0.69x 2.62x CN¥-64.87 Million
2019 -44.84% -20.42% 0.65x 3.38x CN¥-261.48 Million
2020 -46.83% -19.06% 0.83x 2.97x CN¥-183.67 Million
2021 -8.17% -3.40% 0.89x 2.70x CN¥-54.26 Million
2022 2.07% 2.06% 0.72x 1.39x CN¥-53.36 Million
2023 -3.80% -3.61% 0.70x 1.50x CN¥-92.54 Million
2024 -13.52% -11.36% 0.71x 1.67x CN¥-136.52 Million

Industry Comparison

This section compares Hangzhou Huaxing Chuangye Communication Technology Co Ltd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $1,546,018,308
  • Average return on equity (ROE) among peers: 10.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) CN¥539.61 Million 54.53% 0.66x $332.87 Million
Beijing Bewinner Communications Co Ltd (002148) $1.22 Billion 10.61% 0.11x $437.69 Million
Net263 Ltd (002467) $1.05 Billion 6.60% 0.09x $1.15 Billion
Runjian Communication Co Ltd Class A (002929) $5.98 Billion 7.34% 1.48x $1.04 Billion
Dingli Communications Corp Ltd (300050) $219.84 Million 50.65% 0.36x $380.27 Million
Fuchun Technology Co Ltd (300299) $531.11 Million 14.13% 0.92x $421.56 Million
Zhong Fu Tong Co Ltd (300560) $230.82 Million 0.00% 0.55x $288.57 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) $1.67 Billion -2.99% 0.22x $1.46 Billion
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) $1.17 Billion 4.30% 0.15x $530.67 Million
Wintao Communications Co. Ltd (301139) $1.85 Billion 6.79% 0.51x $169.25 Million