Hiconics Drive Tech Co Net Assets
Hiconics Drive Tech Co net assets. Based on the latest financial reports, Hiconics Drive Tech Co (300048) has net assets worth CN¥1.86 Billion CNY (≈ $272.00 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.76 Billion ≈ $842.44 Million USD) and total liabilities (CN¥3.90 Billion ≈ $570.44 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. Also explore 300048 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.86 Billion |
| % of Total Assets | 32.29% |
| Annual Growth Rate | 33.19% |
| 5-Year Change | 3.66% |
| 10-Year Change | -28.85% |
| Growth Volatility | 143.16 |
Net Assets of Hiconics Drive Tech Co (2006–2025)
Net assets of Hiconics Drive Tech Co from 2006 to 2025. This chart illustrates how Hiconics Drive Tech Co's net assets have evolved over time, based on quarterly financial data. See how leveraged is Hiconics Drive Tech Co's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Hiconics Drive Tech Co (2006–2025)
The table below shows the annual net assets of Hiconics Drive Tech Co from 2006 to 2025. For live market cap and overall valuation, see 300048 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.89 Billion ≈ $277.24 Million |
+7.56% |
| 2024-12-31 | CN¥1.76 Billion ≈ $257.76 Million |
+2.25% |
| 2023-12-31 | CN¥1.72 Billion ≈ $252.09 Million |
-9.56% |
| 2022-12-31 | CN¥1.90 Billion ≈ $278.74 Million |
+4.22% |
| 2021-12-31 | CN¥1.83 Billion ≈ $267.46 Million |
+11.17% |
| 2020-12-31 | CN¥1.64 Billion ≈ $240.59 Million |
-29.29% |
| 2019-12-31 | CN¥2.33 Billion ≈ $340.27 Million |
-0.74% |
| 2018-12-31 | CN¥2.34 Billion ≈ $342.81 Million |
-11.43% |
| 2017-12-31 | CN¥2.64 Billion ≈ $387.05 Million |
-0.67% |
| 2016-12-31 | CN¥2.66 Billion ≈ $389.64 Million |
+6.54% |
| 2015-12-31 | CN¥2.50 Billion ≈ $365.74 Million |
+48.91% |
| 2014-12-31 | CN¥1.68 Billion ≈ $245.61 Million |
+11.18% |
| 2013-12-31 | CN¥1.51 Billion ≈ $220.91 Million |
-0.09% |
| 2012-12-31 | CN¥1.51 Billion ≈ $221.11 Million |
+2.62% |
| 2011-12-31 | CN¥1.47 Billion ≈ $215.47 Million |
+9.77% |
| 2010-12-31 | CN¥1.34 Billion ≈ $196.28 Million |
+485.44% |
| 2009-12-31 | CN¥229.12 Million ≈ $33.53 Million |
+178.59% |
| 2008-12-31 | CN¥82.24 Million ≈ $12.03 Million |
+87.29% |
| 2007-12-31 | CN¥43.91 Million ≈ $6.43 Million |
+437.42% |
| 2006-12-31 | CN¥8.17 Million ≈ $1.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hiconics Drive Tech Co'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 33556529540.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Hiconics Drive Tech Co Net Assets Breakdown (December 2025)
Hiconics Drive Tech Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.13 Billion | 61.95% |
| Other Comprehensive Income | CN¥92.65 Million | 5.09% |
| Other Components | CN¥938.81 Million | 51.54% |
| Total Equity | CN¥1.82 Billion | 100.00% |
Hiconics Drive Tech Co Competitors by Market Cap
The table below lists competitors of Hiconics Drive Tech Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Autoneum Holding AG
SW:AUTN
|
$709.34 Million |
|
Truecaller AB (publ)
ST:TRUE-B
|
$709.60 Million |
|
NICE Information Service Co. Ltd
KQ:030190
|
$709.61 Million |
|
Vina Concha To
SN:CONCHATORO
|
$709.73 Million |
|
Kale Environmental Technology (Shanghai) Corporation
SHE:301070
|
$709.17 Million |
|
Glotech Industrial
TWO:5475
|
$708.92 Million |
|
ZYLOX-TONBRDG.MED.TECH.H1
F:818
|
$708.79 Million |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
$708.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hiconics Drive Tech Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,703,212,286 to 1,821,363,205, a change of 118,150,919 (6.9%).
- Net income of 62,012,009 contributed positively to equity growth.
- Other comprehensive income decreased equity by 10,183,686.
- Other factors increased equity by 66,322,596.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥62.01 Million | +3.4% |
| Other Comprehensive Income | CN¥-10.18 Million | -0.56% |
| Other Changes | CN¥66.32 Million | +3.64% |
| Total Change | CN¥- | 6.94% |
Book Value vs Market Value Analysis
This analysis compares Hiconics Drive Tech Co'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: 2.65x
- 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 325.79x to 2.65x 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¥0.01 | CN¥4.28 | x |
| 2007-12-31 | CN¥0.06 | CN¥4.28 | x |
| 2008-12-31 | CN¥0.12 | CN¥4.28 | x |
| 2009-12-31 | CN¥0.33 | CN¥4.28 | x |
| 2010-12-31 | CN¥1.46 | CN¥4.28 | x |
| 2011-12-31 | CN¥1.50 | CN¥4.28 | x |
| 2012-12-31 | CN¥1.59 | CN¥4.28 | x |
| 2013-12-31 | CN¥1.56 | CN¥4.28 | x |
| 2014-12-31 | CN¥1.62 | CN¥4.28 | x |
| 2015-12-31 | CN¥2.55 | CN¥4.28 | x |
| 2016-12-31 | CN¥2.21 | CN¥4.28 | x |
| 2017-12-31 | CN¥2.20 | CN¥4.28 | x |
| 2018-12-31 | CN¥2.07 | CN¥4.28 | x |
| 2019-12-31 | CN¥1.95 | CN¥4.28 | x |
| 2020-12-31 | CN¥1.55 | CN¥4.28 | x |
| 2021-12-31 | CN¥1.79 | CN¥4.28 | x |
| 2022-12-31 | CN¥1.46 | CN¥4.28 | x |
| 2023-12-31 | CN¥1.52 | CN¥4.28 | x |
| 2024-12-31 | CN¥1.53 | CN¥4.28 | x |
| 2025-12-31 | CN¥1.61 | CN¥4.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hiconics Drive Tech Co 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): 3.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.83%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 2.70x
- Recent ROE (3.40%) is below the historical average (6.70%), 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 | 19.42% | 4.53% | 0.83x | 5.15x | CN¥769.55K |
| 2007 | 38.12% | 16.60% | 0.96x | 2.39x | CN¥12.35 Million |
| 2008 | 46.61% | 22.57% | 0.71x | 2.92x | CN¥30.11 Million |
| 2009 | 30.72% | 23.80% | 0.72x | 1.79x | CN¥47.46 Million |
| 2010 | 7.51% | 26.00% | 0.25x | 1.15x | CN¥-33.39 Million |
| 2011 | 8.79% | 21.89% | 0.32x | 1.24x | CN¥-17.64 Million |
| 2012 | 9.00% | 19.35% | 0.39x | 1.20x | CN¥-15.01 Million |
| 2013 | 2.98% | 6.72% | 0.36x | 1.24x | CN¥-104.97 Million |
| 2014 | 2.87% | 6.55% | 0.32x | 1.38x | CN¥-108.41 Million |
| 2015 | 2.24% | 6.43% | 0.24x | 1.45x | CN¥-180.15 Million |
| 2016 | 7.23% | 12.63% | 0.29x | 1.99x | CN¥-68.49 Million |
| 2017 | 2.73% | 5.00% | 0.29x | 1.89x | CN¥-180.48 Million |
| 2018 | -10.63% | -19.65% | 0.29x | 1.86x | CN¥-460.14 Million |
| 2019 | 1.03% | 1.78% | 0.35x | 1.67x | CN¥-201.94 Million |
| 2020 | -29.62% | -40.99% | 0.48x | 1.50x | CN¥-688.90 Million |
| 2021 | 2.79% | 4.17% | 0.48x | 1.38x | CN¥-129.90 Million |
| 2022 | 1.37% | 1.80% | 0.51x | 1.49x | CN¥-161.13 Million |
| 2023 | -13.14% | -14.76% | 0.47x | 1.89x | CN¥-387.69 Million |
| 2024 | 0.60% | 0.22% | 1.03x | 2.72x | CN¥-160.03 Million |
| 2025 | 3.40% | 0.83% | 1.51x | 2.70x | CN¥-120.12 Million |
Industry Comparison
This section compares Hiconics Drive Tech Co's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,527,939,132
- Average return on equity (ROE) among peers: 7.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hiconics Drive Tech Co (300048) | CN¥1.86 Billion | 19.42% | 2.10x | $709.19 Million |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.28 Billion |
| Guangdong Macro Co Ltd (000533) | $2.02 Billion | 6.30% | 0.94x | $845.10 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.26 Billion | 10.23% | 0.12x | $867.22 Million |
| Dongfang Electronics Co Ltd (000682) | $1.41 Billion | 1.38% | 0.23x | $1.81 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.54 Billion | 2.10% | 1.51x | $560.80 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.14 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $1.16 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.77 Billion | 12.11% | 0.44x | $11.68 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $65.61 Million | 26.04% | 1.01x | $366.50 Million |
| Gotion High tech Co Ltd (002074) | $19.37 Billion | 0.53% | 1.25x | $6.00 Billion |
About Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters business in China and internationally. It operates through High Voltage Frequency Converters, Photovoltaic EPC, Residential Energy Storage, and Others segments. The company offers photovoltaic solutions, inclu… Read more