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

Latest as of September 2025: CN¥539.61 Million CNY ≈ $78.96 Million USD

Based on the latest financial reports, Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) has net assets worth CN¥539.61 Million CNY (≈ $78.96 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¥897.49 Million ≈ $131.33 Million USD) and total liabilities (CN¥357.87 Million ≈ $52.37 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 asset resilience ratio of Hangzhou Huaxing Chuangye Communication to evaluate the company's liquid asset resilience ratio.

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. Also explore 300025 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 300025 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥582.38 Million ≈ $85.22 Million	-13.15%
2023-12-31	CN¥670.53 Million ≈ $98.12 Million	-0.45%
2022-12-31	CN¥673.56 Million ≈ $98.56 Million	+124.44%
2021-12-31	CN¥300.10 Million ≈ $43.91 Million	-7.48%
2020-12-31	CN¥324.37 Million ≈ $47.46 Million	-32.32%
2019-12-31	CN¥479.26 Million ≈ $70.13 Million	-37.15%
2018-12-31	CN¥762.52 Million ≈ $111.58 Million	-4.71%
2017-12-31	CN¥800.19 Million ≈ $117.09 Million	-18.18%
2016-12-31	CN¥977.94 Million ≈ $143.10 Million	+15.89%
2015-12-31	CN¥843.83 Million ≈ $123.48 Million	+9.07%
2014-12-31	CN¥773.67 Million ≈ $113.21 Million	+11.84%
2013-12-31	CN¥691.74 Million ≈ $101.22 Million	+50.98%
2012-12-31	CN¥458.15 Million ≈ $67.04 Million	+8.38%
2011-12-31	CN¥422.72 Million ≈ $61.86 Million	+30.77%
2010-12-31	CN¥323.25 Million ≈ $47.30 Million	+25.41%
2009-12-31	CN¥257.76 Million ≈ $37.72 Million	+335.39%
2008-12-31	CN¥59.20 Million ≈ $8.66 Million	+94.24%
2007-12-31	CN¥30.48 Million ≈ $4.46 Million	+63.37%
2006-12-31	CN¥18.66 Million ≈ $2.73 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.

Company	Market Cap
Leo Lithium Ltd AU:LLL	$428.13 Million
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. SHE:301022	$428.14 Million
Direct Finance TA TA:DIFI	$428.15 Million
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B SHG:900932	$428.19 Million
AfreecaTV Co. Ltd KQ:067160	$428.00 Million
YTL Hospitality REIT KLSE:5109	$427.92 Million
Topkey Corp TW:4536	$427.77 Million
Shanghai Xin Nanyang Co Ltd SHG:600661	$427.70 Million

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: 5.04x
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 35.36x to 5.04x 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¥5.75	x
2007-12-31	CN¥0.27	CN¥5.75	x
2008-12-31	CN¥0.25	CN¥5.75	x
2009-12-31	CN¥1.05	CN¥5.75	x
2010-12-31	CN¥1.40	CN¥5.75	x
2011-12-31	CN¥1.00	CN¥5.75	x
2012-12-31	CN¥1.10	CN¥5.75	x
2013-12-31	CN¥1.88	CN¥5.75	x
2014-12-31	CN¥1.75	CN¥5.75	x
2015-12-31	CN¥1.92	CN¥5.75	x
2016-12-31	CN¥2.03	CN¥5.75	x
2017-12-31	CN¥1.73	CN¥5.75	x
2018-12-31	CN¥1.77	CN¥5.75	x
2019-12-31	CN¥1.11	CN¥5.75	x
2020-12-31	CN¥0.75	CN¥5.75	x
2021-12-31	CN¥0.70	CN¥5.75	x
2022-12-31	CN¥1.46	CN¥5.75	x
2023-12-31	CN¥1.33	CN¥5.75	x
2024-12-31	CN¥1.14	CN¥5.75	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: $900,959,314
Average return on equity (ROE) among peers: 13.97%

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	$428.10 Million
Beijing Bewinner Communications Co Ltd (002148)	$108.27 Million	29.09%	0.24x	$645.38 Million
Net263 Ltd (002467)	$266.09 Million	26.44%	0.25x	$1.37 Billion
Runjian Communication Co Ltd Class A (002929)	$4.46 Billion	9.51%	1.85x	$2.48 Billion
Dingli Communications Corp Ltd (300050)	$115.28 Million	33.82%	0.40x	$582.02 Million
Fuchun Technology Co Ltd (300299)	$435.77 Million	-31.41%	1.24x	$622.24 Million
Zhong Fu Tong Co Ltd (300560)	$452.25 Million	8.44%	0.22x	$484.45 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766)	$1.13 Billion	21.95%	0.08x	$1.69 Billion
NOVA Technology Corporation Limited (300921)	$812.59 Million	2.25%	0.17x	$724.56 Million
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959)	$324.28 Million	25.69%	0.34x	$1.11 Billion

About Hangzhou Huaxing Chuangye Communication Technology Co Ltd

SHE:300025 China Telecom Services

Market Cap

$428.10 Million

CN¥2.93 Billion CNY

Market Cap Rank

#13356 Global

#4210 in China

Share Price

CN¥5.75

Change (1 day)

+1.41%

52-Week Range

CN¥5.01 - CN¥7.65

All Time High

CN¥18.36