Hwa Create Corp Ltd
Hwa Create Corporation researches and develops, manufactures, and sells satellite navigation, and radar and communication products and technologies. The company provides satellite applications, radar signal processing, simulation testing, and unmanned systems. It also offers advanced devices, terminals, systems and solutions for the development of precision-guided weapons, electronic countermeasu… Read more
Hwa Create Corp Ltd (300045) - Net Assets
Latest net assets as of September 2025: CN¥1.62 Billion CNY
Based on the latest financial reports, Hwa Create Corp Ltd (300045) has net assets worth CN¥1.62 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¥2.40 Billion) and total liabilities (CN¥781.77 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¥1.62 Billion |
| % of Total Assets | 67.39% |
| Annual Growth Rate | 25.6% |
| 5-Year Change | -8.12% |
| 10-Year Change | 76.57% |
| Growth Volatility | 108.45 |
Hwa Create Corp Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Hwa Create Corp 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 Hwa Create Corp Ltd (2006–2024)
The table below shows the annual net assets of Hwa Create Corp Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.61 Billion | -8.13% |
| 2023-12-31 | CN¥1.75 Billion | +1.18% |
| 2022-12-31 | CN¥1.73 Billion | +14.06% |
| 2021-12-31 | CN¥1.52 Billion | -13.35% |
| 2020-12-31 | CN¥1.75 Billion | +2.34% |
| 2019-12-31 | CN¥1.71 Billion | -9.37% |
| 2018-12-31 | CN¥1.89 Billion | +38.34% |
| 2017-12-31 | CN¥1.36 Billion | +36.19% |
| 2016-12-31 | CN¥1.00 Billion | +9.98% |
| 2015-12-31 | CN¥909.89 Million | +7.49% |
| 2014-12-31 | CN¥846.51 Million | +7.45% |
| 2013-12-31 | CN¥787.79 Million | +4.62% |
| 2012-12-31 | CN¥752.99 Million | +4.05% |
| 2011-12-31 | CN¥723.70 Million | +9.44% |
| 2010-12-31 | CN¥661.27 Million | +477.59% |
| 2009-12-31 | CN¥114.49 Million | +48.07% |
| 2008-12-31 | CN¥77.32 Million | +54.20% |
| 2007-12-31 | CN¥50.15 Million | +89.00% |
| 2006-12-31 | CN¥26.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hwa Create Corp 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 1513.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥662.67 Million | 41.51% |
| Other Comprehensive Income | CN¥108.68 Million | 6.81% |
| Other Components | CN¥981.94 Million | 61.51% |
| Total Equity | CN¥1.60 Billion | 100.00% |
Hwa Create Corp Ltd Competitors by Market Cap
The table below lists competitors of Hwa Create Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sharplink Gaming Ltd
NASDAQ:SBET
|
$1.45 Billion |
|
East Group Co Ltd
SHE:300376
|
$1.45 Billion |
|
Exide Industries Limited
NSE:EXIDEIND
|
$1.45 Billion |
|
Duality Biotherapeutics, Inc.
F:4ZB
|
$1.45 Billion |
|
STELLAR BANCORP DL -01
F:C9N0
|
$1.45 Billion |
|
Randstad Holdings NV
PINK:RANJY
|
$1.45 Billion |
|
Lancashire Holdings Ltd
PINK:LCSHF
|
$1.45 Billion |
|
7RN
F:7RN
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hwa Create Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,739,446,000 to 1,596,499,000, a change of -142,947,000 (-8.2%).
- Net loss of 142,963,933 reduced equity.
- Dividend payments of 1,534,000 reduced retained earnings.
- Other comprehensive income increased equity by 108,678,008.
- Other factors decreased equity by 107,127,075.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-142.96 Million | -8.95% |
| Dividends Paid | CN¥1.53 Million | -0.1% |
| Other Comprehensive Income | CN¥108.68 Million | +6.81% |
| Other Changes | CN¥-107.13 Million | -6.71% |
| Total Change | CN¥- | -8.22% |
Book Value vs Market Value Analysis
This analysis compares Hwa Create Corp 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: 9.63x
- 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 373.33x to 9.63x 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¥0.06 | CN¥23.66 | x |
| 2007-12-31 | CN¥0.12 | CN¥23.66 | x |
| 2008-12-31 | CN¥0.19 | CN¥23.66 | x |
| 2009-12-31 | CN¥0.29 | CN¥23.66 | x |
| 2010-12-31 | CN¥1.25 | CN¥23.66 | x |
| 2011-12-31 | CN¥1.35 | CN¥23.66 | x |
| 2012-12-31 | CN¥1.38 | CN¥23.66 | x |
| 2013-12-31 | CN¥1.32 | CN¥23.66 | x |
| 2014-12-31 | CN¥1.58 | CN¥23.66 | x |
| 2015-12-31 | CN¥1.71 | CN¥23.66 | x |
| 2016-12-31 | CN¥1.76 | CN¥23.66 | x |
| 2017-12-31 | CN¥2.46 | CN¥23.66 | x |
| 2018-12-31 | CN¥3.14 | CN¥23.66 | x |
| 2019-12-31 | CN¥2.77 | CN¥23.66 | x |
| 2020-12-31 | CN¥2.83 | CN¥23.66 | x |
| 2021-12-31 | CN¥2.45 | CN¥23.66 | x |
| 2022-12-31 | CN¥2.65 | CN¥23.66 | x |
| 2023-12-31 | CN¥2.96 | CN¥23.66 | x |
| 2024-12-31 | CN¥2.46 | CN¥23.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hwa Create Corp 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): -8.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.14%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.53x
- Recent ROE (-8.95%) is below the historical average (7.81%), 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 | 19.72% | 8.12% | 1.16x | 2.10x | CN¥2.58 Million |
| 2007 | 47.09% | 28.22% | 0.77x | 2.17x | CN¥18.60 Million |
| 2008 | 35.04% | 23.49% | 0.86x | 1.74x | CN¥19.36 Million |
| 2009 | 32.31% | 22.72% | 0.92x | 1.54x | CN¥25.54 Million |
| 2010 | 7.62% | 23.73% | 0.30x | 1.06x | CN¥-15.77 Million |
| 2011 | 8.53% | 20.38% | 0.38x | 1.09x | CN¥-10.55 Million |
| 2012 | 6.17% | 16.41% | 0.34x | 1.10x | CN¥-28.46 Million |
| 2013 | 1.89% | 4.72% | 0.33x | 1.20x | CN¥-61.53 Million |
| 2014 | 5.71% | 11.66% | 0.38x | 1.29x | CN¥-35.38 Million |
| 2015 | 3.50% | 7.55% | 0.36x | 1.30x | CN¥-58.04 Million |
| 2016 | 5.12% | 12.19% | 0.33x | 1.27x | CN¥-48.71 Million |
| 2017 | 5.98% | 14.24% | 0.31x | 1.38x | CN¥-54.55 Million |
| 2018 | 6.29% | 17.39% | 0.29x | 1.25x | CN¥-69.77 Million |
| 2019 | -8.66% | -23.02% | 0.28x | 1.36x | CN¥-317.84 Million |
| 2020 | 1.60% | 4.32% | 0.27x | 1.37x | CN¥-146.30 Million |
| 2021 | -15.13% | -34.28% | 0.30x | 1.46x | CN¥-378.68 Million |
| 2022 | -6.41% | -28.63% | 0.17x | 1.32x | CN¥-282.28 Million |
| 2023 | 1.01% | 2.48% | 0.30x | 1.37x | CN¥-156.33 Million |
| 2024 | -8.95% | -26.14% | 0.22x | 1.53x | CN¥-302.61 Million |
Industry Comparison
This section compares Hwa Create Corp Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,905,739,972
- Average return on equity (ROE) among peers: 11.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwa Create Corp Ltd (300045) | CN¥1.62 Billion | 19.72% | 0.48x | $1.45 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $102.23 Million | 20.95% | 1.61x | $576.57 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $5.67 Billion | 4.58% | 0.28x | $1.93 Billion |
| Zhejiang XiaSha Precision (001316) | $476.25 Million | 27.15% | 0.22x | $218.15 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $175.19 Million | 19.07% | 0.67x | $850.82 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.37 Billion | 3.80% | 0.25x | $1.81 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.62 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.43 Billion | -4.03% | 0.22x | $429.19 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $910.30 Million | 16.48% | 0.19x | $833.21 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $421.86 Million | 7.68% | 1.25x | $416.06 Million |
| Bestway Marine & Energy Technology Co Ltd (300008) | $2.90 Billion | 5.59% | 0.31x | $1.63 Billion |