Hubei Huitian New Materials
Hubei Huitian New Materials Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of adhesives and new materials under the Weeton, Sappolo, and Huitian brands in China and internationally. It operates through Fine Chemicals and Solar Back Film; and Photovoltaic Power Station segments. The company offers PV backsheet materials, PV sealants, potti… Read more
Hubei Huitian New Materials (300041) - Net Assets
Latest net assets as of September 2025: CN¥3.11 Billion CNY
Based on the latest financial reports, Hubei Huitian New Materials (300041) has net assets worth CN¥3.11 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¥6.71 Billion) and total liabilities (CN¥3.61 Billion). 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¥3.11 Billion |
| % of Total Assets | 46.29% |
| Annual Growth Rate | 19.83% |
| 5-Year Change | 48.37% |
| 10-Year Change | 91.11% |
| Growth Volatility | 76.02 |
Hubei Huitian New Materials - Net Assets Trend (2006–2024)
This chart illustrates how Hubei Huitian New Materials's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hubei Huitian New Materials (2006–2024)
The table below shows the annual net assets of Hubei Huitian New Materials from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.89 Billion | +0.20% |
| 2023-12-31 | CN¥2.89 Billion | +5.78% |
| 2022-12-31 | CN¥2.73 Billion | +23.51% |
| 2021-12-31 | CN¥2.21 Billion | +13.34% |
| 2020-12-31 | CN¥1.95 Billion | +16.14% |
| 2019-12-31 | CN¥1.68 Billion | -4.87% |
| 2018-12-31 | CN¥1.76 Billion | -6.18% |
| 2017-12-31 | CN¥1.88 Billion | +18.86% |
| 2016-12-31 | CN¥1.58 Billion | +4.54% |
| 2015-12-31 | CN¥1.51 Billion | +42.50% |
| 2014-12-31 | CN¥1.06 Billion | +8.43% |
| 2013-12-31 | CN¥979.04 Million | +6.83% |
| 2012-12-31 | CN¥916.48 Million | +4.45% |
| 2011-12-31 | CN¥877.41 Million | +3.94% |
| 2010-12-31 | CN¥844.16 Million | +6.92% |
| 2009-12-31 | CN¥789.54 Million | +338.94% |
| 2008-12-31 | CN¥179.88 Million | +16.42% |
| 2007-12-31 | CN¥154.50 Million | +38.77% |
| 2006-12-31 | CN¥111.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hubei Huitian New Materials'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 6661.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.33 Billion | 47.37% |
| Common Stock | CN¥559.42 Million | 19.97% |
| Other Comprehensive Income | CN¥329.53 Million | 11.76% |
| Other Components | CN¥585.41 Million | 20.90% |
| Total Equity | CN¥2.80 Billion | 100.00% |
Hubei Huitian New Materials Competitors by Market Cap
The table below lists competitors of Hubei Huitian New Materials ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suning Commerce Group Co Ltd
SHE:002024
|
$649.12 Million |
|
Temple & Webster Group Ltd
PINK:TPLWF
|
$649.48 Million |
|
Talkspace Inc
NASDAQ:TALK
|
$649.77 Million |
|
Zhejiang Huatong Meat Products Co Ltd
SHE:002840
|
$649.80 Million |
|
LIFETECH SCI.DL-00000125
F:81X
|
$648.48 Million |
|
Is Yatirim Menkul Degerler AS
IS:ISMEN
|
$648.25 Million |
|
Porch Group Inc
NASDAQ:PRCH
|
$648.25 Million |
|
Seven Bank Ltd
F:0S7
|
$648.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei Huitian New Materials's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,879,682,381 to 2,801,407,587, a change of -78,274,794 (-2.7%).
- Net income of 101,851,571 contributed positively to equity growth.
- Dividend payments of 94,949,921 reduced retained earnings.
- Share repurchases of 91,449,754 reduced equity.
- Other comprehensive income increased equity by 9,686,259.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥101.85 Million | +3.64% |
| Dividends Paid | CN¥94.95 Million | -3.39% |
| Share Repurchases | CN¥91.45 Million | -3.26% |
| Other Comprehensive Income | CN¥9.69 Million | +0.35% |
| Other Changes | CN¥-3.41 Million | -0.12% |
| Total Change | CN¥- | -2.72% |
Book Value vs Market Value Analysis
This analysis compares Hubei Huitian New Materials'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: 2.29x
- 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 28.37x to 2.29x 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¥0.40 | CN¥11.48 | x |
| 2007-12-31 | CN¥0.54 | CN¥11.48 | x |
| 2008-12-31 | CN¥0.55 | CN¥11.48 | x |
| 2009-12-31 | CN¥2.42 | CN¥11.48 | x |
| 2010-12-31 | CN¥1.92 | CN¥11.48 | x |
| 2011-12-31 | CN¥2.00 | CN¥11.48 | x |
| 2012-12-31 | CN¥2.08 | CN¥11.48 | x |
| 2013-12-31 | CN¥2.23 | CN¥11.48 | x |
| 2014-12-31 | CN¥2.41 | CN¥11.48 | x |
| 2015-12-31 | CN¥2.90 | CN¥11.48 | x |
| 2016-12-31 | CN¥3.02 | CN¥11.48 | x |
| 2017-12-31 | CN¥3.49 | CN¥11.48 | x |
| 2018-12-31 | CN¥3.18 | CN¥11.48 | x |
| 2019-12-31 | CN¥3.20 | CN¥11.48 | x |
| 2020-12-31 | CN¥3.71 | CN¥11.48 | x |
| 2021-12-31 | CN¥3.92 | CN¥11.48 | x |
| 2022-12-31 | CN¥4.83 | CN¥11.48 | x |
| 2023-12-31 | CN¥4.67 | CN¥11.48 | x |
| 2024-12-31 | CN¥5.02 | CN¥11.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei Huitian New Materials 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): 3.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.55%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.35x
- Recent ROE (3.64%) is below the historical average (10.27%), 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 | 23.99% | 17.34% | 0.83x | 1.66x | CN¥15.38 Million |
| 2007 | 19.33% | 15.47% | 0.85x | 1.48x | CN¥14.40 Million |
| 2008 | 19.65% | 16.08% | 0.81x | 1.51x | CN¥17.36 Million |
| 2009 | 6.43% | 21.27% | 0.26x | 1.15x | CN¥-28.21 Million |
| 2010 | 10.40% | 21.19% | 0.45x | 1.08x | CN¥3.36 Million |
| 2011 | 8.22% | 15.78% | 0.49x | 1.07x | CN¥-15.62 Million |
| 2012 | 7.73% | 13.99% | 0.49x | 1.13x | CN¥-20.82 Million |
| 2013 | 9.09% | 13.85% | 0.57x | 1.15x | CN¥-8.89 Million |
| 2014 | 10.33% | 12.98% | 0.63x | 1.26x | CN¥3.50 Million |
| 2015 | 5.56% | 8.60% | 0.55x | 1.17x | CN¥-67.06 Million |
| 2016 | 6.16% | 8.58% | 0.62x | 1.16x | CN¥-60.57 Million |
| 2017 | 5.88% | 7.28% | 0.68x | 1.20x | CN¥-77.22 Million |
| 2018 | 6.74% | 6.83% | 0.72x | 1.37x | CN¥-57.47 Million |
| 2019 | 9.44% | 8.41% | 0.70x | 1.60x | CN¥-9.47 Million |
| 2020 | 11.23% | 10.08% | 0.65x | 1.72x | CN¥23.91 Million |
| 2021 | 10.33% | 7.70% | 0.67x | 1.99x | CN¥7.28 Million |
| 2022 | 10.72% | 7.85% | 0.62x | 2.20x | CN¥19.59 Million |
| 2023 | 10.37% | 7.66% | 0.63x | 2.15x | CN¥10.78 Million |
| 2024 | 3.64% | 2.55% | 0.60x | 2.35x | CN¥-178.29 Million |
Industry Comparison
This section compares Hubei Huitian New Materials's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Huitian New Materials (300041) | CN¥3.11 Billion | 23.99% | 1.16x | $649.09 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |