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

Latest as of March 2026: CN¥425.40 Million CNY ≈ $62.25 Million USD

Based on the latest financial reports, Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) has net assets worth CN¥425.40 Million CNY (≈ $62.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥730.78 Million ≈ $106.94 Million USD) and total liabilities (CN¥305.37 Million ≈ $44.69 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 Hangzhou Huaxing Chuangye Communication (300025) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥425.40 Million
% of Total Assets	58.21%
Annual Growth Rate	17.96%
5-Year Change	43.31%
10-Year Change	-56.02%
Growth Volatility	82.2

Hangzhou Huaxing Chuangye Communication Technology Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Hangzhou Huaxing Chuangye Communication Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Hangzhou Huaxing Chuangye Communication defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hangzhou Huaxing Chuangye Communication Technology Co Ltd (2006–2025)

The table below shows the annual net assets of Hangzhou Huaxing Chuangye Communication Technology Co Ltd from 2006 to 2025. For live valuation and market cap data, see 300025 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥430.09 Million ≈ $62.94 Million	-26.15%
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 2960.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥817.70 Million	189.69%
Total Equity	CN¥431.08 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
Guangdong Liantai Environmental Protection Co Ltd SHG:603797	$336.66 Million
BRASI.CIA BRAS.D.PROP.ADR F:52BA	$336.70 Million
Formycon AG XETRA:FYB	$336.85 Million
First Bancorp Inc NASDAQ:FNLC	$336.87 Million
Incar Financial Service Co. Ltd. KQ:211050	$336.50 Million
NIIT LEARNING SYSTEMS LTD NSE:NIITMTS	$336.44 Million
HCK Capital Group Bhd KLSE:7105	$336.41 Million
Panoro Minerals Ltd. V:PML	$336.41 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 2024 to 2025, total equity changed from 580,420,376 to 431,077,445, a change of -149,342,931 (-25.7%).
Net loss of 146,315,126 reduced equity.
Dividend payments of 5,260,662 reduced retained earnings.
Other comprehensive income decreased equity by 5,453,083.
Other factors increased equity by 7,685,940.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-146.32 Million	-33.94%
Dividends Paid	CN¥5.26 Million	-1.22%
Other Comprehensive Income	CN¥-5.45 Million	-1.26%
Other Changes	CN¥7.69 Million	+1.78%
Total Change	CN¥-	-25.73%

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: 5.33x
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 27.80x to 5.33x 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¥4.52	x
2007-12-31	CN¥0.27	CN¥4.52	x
2008-12-31	CN¥0.25	CN¥4.52	x
2009-12-31	CN¥1.05	CN¥4.52	x
2010-12-31	CN¥1.40	CN¥4.52	x
2011-12-31	CN¥1.00	CN¥4.52	x
2012-12-31	CN¥1.10	CN¥4.52	x
2013-12-31	CN¥1.88	CN¥4.52	x
2014-12-31	CN¥1.75	CN¥4.52	x
2015-12-31	CN¥1.92	CN¥4.52	x
2016-12-31	CN¥2.03	CN¥4.52	x
2017-12-31	CN¥1.73	CN¥4.52	x
2018-12-31	CN¥1.77	CN¥4.52	x
2019-12-31	CN¥1.11	CN¥4.52	x
2020-12-31	CN¥0.75	CN¥4.52	x
2021-12-31	CN¥0.70	CN¥4.52	x
2022-12-31	CN¥1.46	CN¥4.52	x
2023-12-31	CN¥1.33	CN¥4.52	x
2024-12-31	CN¥1.14	CN¥4.52	x
2025-12-31	CN¥0.85	CN¥4.52	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): -33.94%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -25.74%
• Asset Turnover: 0.72x
• Equity Multiplier: 1.82x
Recent ROE (-33.94%) is below the historical average (2.60%), 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%	-11.66%	0.38x	4.06x	CN¥-207.59 Million
2018	1.44%	0.80%	0.69x	2.62x	CN¥-64.87 Million
2019	-44.83%	-20.42%	0.65x	3.38x	CN¥-261.44 Million
2020	-46.43%	-18.90%	0.83x	2.97x	CN¥-182.40 Million
2021	-8.26%	-3.44%	0.89x	2.70x	CN¥-54.55 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
2025	-33.94%	-25.74%	0.72x	1.82x	CN¥-189.42 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: $1,251,017,775
Average return on equity (ROE) among peers: 8.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025)	CN¥425.40 Million	54.53%	0.72x	$336.52 Million
Beijing Bewinner Communications Co Ltd (002148)	$1.13 Billion	-2.52%	0.10x	$511.02 Million
Net263 Ltd (002467)	$2.02 Billion	3.39%	0.17x	$1.04 Billion
Runjian Communication Co Ltd Class A (002929)	$946.00 Million	18.90%	1.02x	$2.58 Billion
Dingli Communications Corp Ltd (300050)	$2.42 Billion	1.07%	0.27x	$537.37 Million
Fuchun Technology Co Ltd (300299)	$531.11 Million	14.13%	0.92x	$514.15 Million
Zhong Fu Tong Co Ltd (300560)	$1.14 Billion	3.14%	1.37x	$630.35 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766)	$1.13 Billion	21.95%	0.08x	$1.39 Billion
NOVA Technology Corporation Limited (300921)	$805.10 Million	9.45%	0.14x	$598.69 Million
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959)	$1.13 Billion	7.48%	0.04x	$1.88 Billion

About Hangzhou Huaxing Chuangye Communication Technology Co Ltd

SHE:300025 China Telecom Services

Market Cap

$336.52 Million

CN¥2.30 Billion CNY

Market Cap Rank

#14375 Global

#4299 in China

Share Price

CN¥4.52

Change (1 day)

-0.44%

52-Week Range

CN¥4.52 - CN¥7.65

All Time High

CN¥18.36