Hwa Create Corp Ltd (300045) - Net Assets
Based on the latest financial reports, Hwa Create Corp Ltd (300045) has net assets worth CN¥1.53 Billion CNY (≈ $223.49 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¥2.35 Billion ≈ $343.68 Million USD) and total liabilities (CN¥821.36 Million ≈ $120.19 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 300045 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.53 Billion |
| % of Total Assets | 65.03% |
| Annual Growth Rate | 23.82% |
| 5-Year Change | 1.54% |
| 10-Year Change | 53.74% |
| Growth Volatility | 106.08 |
Hwa Create Corp Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Hwa Create Corp Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300045 company net worth.
Annual Net Assets for Hwa Create Corp Ltd (2006–2025)
The table below shows the annual net assets of Hwa Create Corp Ltd from 2006 to 2025. Also explore Hwa Create Corp Ltd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.54 Billion ≈ $225.13 Million |
-4.24% |
| 2024-12-31 | CN¥1.61 Billion ≈ $235.10 Million |
-8.13% |
| 2023-12-31 | CN¥1.75 Billion ≈ $255.90 Million |
+1.18% |
| 2022-12-31 | CN¥1.73 Billion ≈ $252.91 Million |
+14.06% |
| 2021-12-31 | CN¥1.52 Billion ≈ $221.73 Million |
-13.35% |
| 2020-12-31 | CN¥1.75 Billion ≈ $255.88 Million |
+2.34% |
| 2019-12-31 | CN¥1.71 Billion ≈ $250.04 Million |
-9.37% |
| 2018-12-31 | CN¥1.89 Billion ≈ $275.90 Million |
+38.34% |
| 2017-12-31 | CN¥1.36 Billion ≈ $199.44 Million |
+36.19% |
| 2016-12-31 | CN¥1.00 Billion ≈ $146.44 Million |
+9.98% |
| 2015-12-31 | CN¥909.89 Million ≈ $133.15 Million |
+7.49% |
| 2014-12-31 | CN¥846.51 Million ≈ $123.87 Million |
+7.45% |
| 2013-12-31 | CN¥787.79 Million ≈ $115.28 Million |
+4.62% |
| 2012-12-31 | CN¥752.99 Million ≈ $110.19 Million |
+4.05% |
| 2011-12-31 | CN¥723.70 Million ≈ $105.90 Million |
+9.44% |
| 2010-12-31 | CN¥661.27 Million ≈ $96.77 Million |
+477.59% |
| 2009-12-31 | CN¥114.49 Million ≈ $16.75 Million |
+48.07% |
| 2008-12-31 | CN¥77.32 Million ≈ $11.31 Million |
+54.20% |
| 2007-12-31 | CN¥50.15 Million ≈ $7.34 Million |
+89.00% |
| 2006-12-31 | CN¥26.53 Million ≈ $3.88 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 2137.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.75 Billion | 114.79% |
| Total Equity | CN¥1.53 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 |
|---|---|
|
Playtech plc
F:PL8
|
$1.13 Billion |
|
Shenzhen JingQuanHua Electronics Co Ltd
SHE:002885
|
$1.13 Billion |
|
Nokian Renkaat Oyj
HE:TYRES
|
$1.13 Billion |
|
Shenzhen Chengtian Weiye Technology Co Ltd
SHE:300689
|
$1.13 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
$1.13 Billion |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
$1.13 Billion |
|
Sinomach Automobile Co Ltd
SHG:600335
|
$1.13 Billion |
|
Genco Shipping & Trading Ltd
NYSE:GNK
|
$1.13 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 2024 to 2025, total equity changed from 1,596,499,000 to 1,528,591,435, a change of -67,907,565 (-4.3%).
- Net loss of 69,223,669 reduced equity.
- Dividend payments of 2,096,576 reduced retained earnings.
- Other comprehensive income decreased equity by 108,678,008.
- Other factors increased equity by 112,090,688.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-69.22 Million | -4.53% |
| Dividends Paid | CN¥2.10 Million | -0.14% |
| Other Comprehensive Income | CN¥-108.68 Million | -7.11% |
| Other Changes | CN¥112.09 Million | +7.33% |
| Total Change | CN¥- | -4.25% |
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: 5.05x
- 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 183.82x to 5.05x 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¥11.65 | x |
| 2007-12-31 | CN¥0.12 | CN¥11.65 | x |
| 2008-12-31 | CN¥0.19 | CN¥11.65 | x |
| 2009-12-31 | CN¥0.29 | CN¥11.65 | x |
| 2010-12-31 | CN¥1.25 | CN¥11.65 | x |
| 2011-12-31 | CN¥1.35 | CN¥11.65 | x |
| 2012-12-31 | CN¥1.38 | CN¥11.65 | x |
| 2013-12-31 | CN¥1.32 | CN¥11.65 | x |
| 2014-12-31 | CN¥1.58 | CN¥11.65 | x |
| 2015-12-31 | CN¥1.71 | CN¥11.65 | x |
| 2016-12-31 | CN¥1.76 | CN¥11.65 | x |
| 2017-12-31 | CN¥2.46 | CN¥11.65 | x |
| 2018-12-31 | CN¥3.14 | CN¥11.65 | x |
| 2019-12-31 | CN¥2.77 | CN¥11.65 | x |
| 2020-12-31 | CN¥2.83 | CN¥11.65 | x |
| 2021-12-31 | CN¥2.45 | CN¥11.65 | x |
| 2022-12-31 | CN¥2.65 | CN¥11.65 | x |
| 2023-12-31 | CN¥2.96 | CN¥11.65 | x |
| 2024-12-31 | CN¥2.46 | CN¥11.65 | x |
| 2025-12-31 | CN¥2.31 | CN¥11.65 | 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): -4.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.86%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.57x
- Recent ROE (-4.53%) is below the historical average (7.19%), 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 |
| 2025 | -4.53% | -8.86% | 0.33x | 1.57x | CN¥-222.08 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: $3,879,473,093
- Average return on equity (ROE) among peers: 2.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwa Create Corp Ltd (300045) | CN¥1.53 Billion | 19.72% | 0.54x | $1.13 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $1.02 Billion | -47.18% | 2.31x | $1.84 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $2.54 Billion | 7.13% | 0.84x | $3.69 Billion |
| AVIC Aircraft Co Ltd (000768) | $12.92 Billion | 2.72% | 1.64x | $9.09 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $449.39 Million | 8.13% | 0.13x | $1.03 Billion |
| Aerospace CH UAV Co Ltd (002389) | $8.20 Billion | 1.87% | 0.30x | $2.69 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $8.93 Billion | 7.30% | 0.11x | $8.70 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $764.63 Million | 15.24% | 0.12x | $471.03 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $1.09 Billion | 1.47% | 0.15x | $358.40 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $2.27 Billion | 13.94% | 0.20x | $1.33 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $604.49 Million | 12.90% | 1.10x | $1.09 Billion |
About 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, avionics, unmanned systems, and simulation testing. It also offers advanced devices, terminals, systems and solutions. In addition, the company provides technical support systems a… Read more