Hangzhou Century Co Ltd

SHE:300078 China Security & Protection Services
Market Cap
$583.52 Million
CN¥4.28 Billion CNY
Market Cap Rank
#10471 Global
#2231 in China
Share Price
CN¥3.83
Change (1 day)
-6.59%
52-Week Range
CN¥2.75 - CN¥6.11
All Time High
CN¥28.21
About

Hangzhou Century Co., Ltd. provides electronic article surveillance (EAS) and radio frequency identification system (RFID) solutions in the People's Republic of China and internationally. It offers RFID products, such as inlays and labels, apparel tags, laundry tags, asset tracking tags, and hardware; EAS products comprising V-stations, theft prevention systems, round or pencil tags, fireproof in… Read more

Hangzhou Century Co Ltd (300078) - Net Assets

Latest net assets as of September 2025: CN¥590.85 Million CNY

Based on the latest financial reports, Hangzhou Century Co Ltd (300078) has net assets worth CN¥590.85 Million 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¥1.01 Billion) and total liabilities (CN¥417.70 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¥590.85 Million
% of Total Assets 58.58%
Annual Growth Rate 12.48%
5-Year Change -80.29%
10-Year Change -54.86%
Growth Volatility 170.84

Hangzhou Century Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Hangzhou Century Co 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 Hangzhou Century Co Ltd (2007–2024)

The table below shows the annual net assets of Hangzhou Century Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥588.86 Million +15.98%
2023-12-31 CN¥507.74 Million -61.86%
2022-12-31 CN¥1.33 Billion -39.62%
2021-12-31 CN¥2.20 Billion -26.22%
2020-12-31 CN¥2.99 Billion +1.50%
2019-12-31 CN¥2.94 Billion +31.04%
2018-12-31 CN¥2.25 Billion +6.37%
2017-12-31 CN¥2.11 Billion +2.53%
2016-12-31 CN¥2.06 Billion +57.90%
2015-12-31 CN¥1.30 Billion +11.66%
2014-12-31 CN¥1.17 Billion +0.10%
2013-12-31 CN¥1.17 Billion +0.30%
2012-12-31 CN¥1.16 Billion +0.30%
2011-12-31 CN¥1.16 Billion -0.74%
2010-12-31 CN¥1.17 Billion +719.05%
2009-12-31 CN¥142.69 Million +74.11%
2008-12-31 CN¥81.96 Million +2.78%
2007-12-31 CN¥79.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hangzhou Century 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 4258.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.13 Billion 194.05%
Other Components CN¥1.85 Billion 318.29%
Total Equity CN¥579.79 Million 100.00%

Hangzhou Century Co Ltd Competitors by Market Cap

The table below lists competitors of Hangzhou Century Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hangzhou Century Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 495,038,972 to 579,788,934, a change of 84,749,962 (17.1%).
  • Net loss of 501,509,765 reduced equity.
  • Dividend payments of 28,375,023 reduced retained earnings.
  • Share repurchases of 25,495,301 reduced equity.
  • Other factors increased equity by 640,130,051.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-501.51 Million -86.5%
Dividends Paid CN¥28.38 Million -4.89%
Share Repurchases CN¥25.50 Million -4.4%
Other Changes CN¥640.13 Million +110.41%
Total Change CN¥- 17.12%

Book Value vs Market Value Analysis

This analysis compares Hangzhou Century 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: 6.25x
  • 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 8.21x to 6.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.47 CN¥3.83 x
2008-12-31 CN¥0.48 CN¥3.83 x
2009-12-31 CN¥0.25 CN¥3.83 x
2010-12-31 CN¥1.68 CN¥3.83 x
2011-12-31 CN¥1.55 CN¥3.83 x
2012-12-31 CN¥1.53 CN¥3.83 x
2013-12-31 CN¥1.54 CN¥3.83 x
2014-12-31 CN¥1.56 CN¥3.83 x
2015-12-31 CN¥1.72 CN¥3.83 x
2016-12-31 CN¥2.71 CN¥3.83 x
2017-12-31 CN¥2.53 CN¥3.83 x
2018-12-31 CN¥2.75 CN¥3.83 x
2019-12-31 CN¥3.53 CN¥3.83 x
2020-12-31 CN¥3.42 CN¥3.83 x
2021-12-31 CN¥2.61 CN¥3.83 x
2022-12-31 CN¥1.59 CN¥3.83 x
2023-12-31 CN¥0.60 CN¥3.83 x
2024-12-31 CN¥0.61 CN¥3.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hangzhou Century 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): -86.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -72.60%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 3.78x
  • Recent ROE (-86.50%) is below the historical average (-8.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 39.80% 18.00% 1.18x 1.88x CN¥23.48 Million
2008 51.75% 18.75% 1.56x 1.77x CN¥33.58 Million
2009 42.63% 25.71% 1.17x 1.42x CN¥45.74 Million
2010 7.27% 27.33% 0.26x 1.03x CN¥-31.91 Million
2011 8.03% 26.59% 0.29x 1.04x CN¥-22.82 Million
2012 6.12% 21.29% 0.27x 1.05x CN¥-45.21 Million
2013 7.38% 20.19% 0.34x 1.06x CN¥-30.53 Million
2014 6.76% 15.87% 0.38x 1.11x CN¥-37.31 Million
2015 10.97% 16.53% 0.35x 1.91x CN¥12.50 Million
2016 9.22% 17.25% 0.37x 1.45x CN¥-15.86 Million
2017 6.32% 11.71% 0.38x 1.41x CN¥-75.95 Million
2018 6.55% 11.08% 0.38x 1.56x CN¥-75.72 Million
2019 5.10% 9.38% 0.37x 1.46x CN¥-141.58 Million
2020 3.22% 6.49% 0.31x 1.60x CN¥-199.08 Million
2021 -33.35% -75.61% 0.20x 2.23x CN¥-945.05 Million
2022 -67.21% -79.49% 0.30x 2.78x CN¥-1.01 Billion
2023 -176.62% -86.92% 0.39x 5.24x CN¥-923.85 Million
2024 -86.50% -72.60% 0.32x 3.78x CN¥-559.49 Million

Industry Comparison

This section compares Hangzhou Century Co Ltd's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

  • Industry: Security & Protection Services
  • Average net assets among peers: $1,194,271,619
  • Average return on equity (ROE) among peers: 23.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hangzhou Century Co Ltd (300078) CN¥590.85 Million 39.80% 0.71x $455.74 Million
Zhejiang Dahua Technology Co Ltd (002236) $4.17 Billion 27.10% 0.44x $3.67 Billion
Shenzhen Infinova Ltd (002528) $155.78 Million 42.37% 0.42x $214.01 Million
Shenzhen TVT Digital Technology Co Ltd (002835) $301.60 Million 19.98% 0.39x $172.55 Million
Jade Bird Fire Alarm (002960) $186.68 Million 42.23% 0.86x $664.28 Million
Beijing Telesound Electronics Co Ltd (003004) $731.69 Million 4.99% 0.24x $119.50 Million
Guangdong Anjubao Digital Tech (300155) $1.14 Billion 7.27% 0.20x $157.22 Million
Xiamen Meiya Pico Information (300188) $3.35 Billion 11.19% 0.39x $753.01 Million
Joyware Electronics Co Ltd (300270) $677.39 Million 6.72% 0.64x $335.64 Million
Chongqing Mas Sci&Tech (300275) $35.72 Million 50.55% 1.57x $333.36 Million