Hengxin Mobile Business (300081) - Net Assets
Based on the latest financial reports, Hengxin Mobile Business (300081) has net assets worth CN¥817.73 Million CNY (≈ $119.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.80 Billion ≈ $262.69 Million USD) and total liabilities (CN¥977.43 Million ≈ $143.03 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 300081 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥817.73 Million |
| % of Total Assets | 45.55% |
| Annual Growth Rate | 15.49% |
| 5-Year Change | -51.8% |
| 10-Year Change | 18.06% |
| Growth Volatility | 100.16 |
Hengxin Mobile Business - Net Assets Trend (2007–2024)
This chart illustrates how Hengxin Mobile Business's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Hengxin Mobile Business.
Annual Net Assets for Hengxin Mobile Business (2007–2024)
The table below shows the annual net assets of Hengxin Mobile Business from 2007 to 2024. Also explore Hengxin Mobile Business annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥970.51 Million ≈ $142.02 Million |
-28.33% |
| 2023-12-31 | CN¥1.35 Billion ≈ $198.16 Million |
-18.13% |
| 2022-12-31 | CN¥1.65 Billion ≈ $242.04 Million |
-23.90% |
| 2021-12-31 | CN¥2.17 Billion ≈ $318.05 Million |
+7.94% |
| 2020-12-31 | CN¥2.01 Billion ≈ $294.66 Million |
-22.93% |
| 2019-12-31 | CN¥2.61 Billion ≈ $382.35 Million |
+7.28% |
| 2018-12-31 | CN¥2.44 Billion ≈ $356.41 Million |
+7.56% |
| 2017-12-31 | CN¥2.26 Billion ≈ $331.37 Million |
+95.61% |
| 2016-12-31 | CN¥1.16 Billion ≈ $169.40 Million |
+40.83% |
| 2015-12-31 | CN¥822.03 Million ≈ $120.29 Million |
+3.22% |
| 2014-12-31 | CN¥796.36 Million ≈ $116.53 Million |
+0.42% |
| 2013-12-31 | CN¥793.02 Million ≈ $116.04 Million |
-8.44% |
| 2012-12-31 | CN¥866.12 Million ≈ $126.74 Million |
+6.98% |
| 2011-12-31 | CN¥809.59 Million ≈ $118.47 Million |
+2.08% |
| 2010-12-31 | CN¥793.05 Million ≈ $116.05 Million |
+415.82% |
| 2009-12-31 | CN¥153.75 Million ≈ $22.50 Million |
+37.66% |
| 2008-12-31 | CN¥111.68 Million ≈ $16.34 Million |
+33.16% |
| 2007-12-31 | CN¥83.87 Million ≈ $12.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hengxin Mobile Business'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 3909.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥604.80 Million | 50.22% |
| Other Comprehensive Income | CN¥-37.89 Million | -3.15% |
| Other Components | CN¥2.20 Billion | 182.73% |
| Total Equity | CN¥1.20 Billion | 100.00% |
Hengxin Mobile Business Competitors by Market Cap
The table below lists competitors of Hengxin Mobile Business ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIC Global Inc
TW:3701
|
$306.29 Million |
|
Build-A-Bear Workshop Inc
NYSE:BBW
|
$306.42 Million |
|
Mangalam Cement Limited
NSE:MANGLMCEM
|
$306.53 Million |
|
TRANSILVANIA INVESTMENTS ALLIANCE S.A.
RO:TRANSI
|
$306.61 Million |
|
Samchully
KO:004690
|
$306.06 Million |
|
Vicore Pharma Holding AB (publ)
ST:VICO
|
$306.00 Million |
|
Shenzhen Wenke Landscape Co Ltd
SHE:002775
|
$305.96 Million |
|
Rana Gruber AS
OL:RANA
|
$305.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hengxin Mobile Business's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,559,512,593 to 1,204,230,352, a change of -355,282,241 (-22.8%).
- Net loss of 346,333,011 reduced equity.
- Dividend payments of 4,699,727 reduced retained earnings.
- Other comprehensive income decreased equity by 8,949,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-346.33 Million | -28.76% |
| Dividends Paid | CN¥4.70 Million | -0.39% |
| Other Comprehensive Income | CN¥-8.95 Million | -0.74% |
| Other Changes | CN¥4.70 Million | +0.39% |
| Total Change | CN¥- | -22.78% |
Book Value vs Market Value Analysis
This analysis compares Hengxin Mobile Business'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: 1.74x
- 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 11.21x to 1.74x 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¥0.31 | CN¥3.46 | x |
| 2008-12-31 | CN¥0.44 | CN¥3.46 | x |
| 2009-12-31 | CN¥0.60 | CN¥3.46 | x |
| 2010-12-31 | CN¥2.59 | CN¥3.46 | x |
| 2011-12-31 | CN¥2.39 | CN¥3.46 | x |
| 2012-12-31 | CN¥2.50 | CN¥3.46 | x |
| 2013-12-31 | CN¥2.32 | CN¥3.46 | x |
| 2014-12-31 | CN¥2.38 | CN¥3.46 | x |
| 2015-12-31 | CN¥2.20 | CN¥3.46 | x |
| 2016-12-31 | CN¥2.55 | CN¥3.46 | x |
| 2017-12-31 | CN¥4.53 | CN¥3.46 | x |
| 2018-12-31 | CN¥4.56 | CN¥3.46 | x |
| 2019-12-31 | CN¥4.94 | CN¥3.46 | x |
| 2020-12-31 | CN¥3.84 | CN¥3.46 | x |
| 2021-12-31 | CN¥4.10 | CN¥3.46 | x |
| 2022-12-31 | CN¥3.04 | CN¥3.46 | x |
| 2023-12-31 | CN¥2.58 | CN¥3.46 | x |
| 2024-12-31 | CN¥1.99 | CN¥3.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hengxin Mobile Business 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): -28.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -92.33%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.52x
- Recent ROE (-28.76%) is below the historical average (-1.51%), 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 | 23.99% | 2.03% | 4.33x | 2.73x | CN¥11.64 Million |
| 2008 | 24.73% | 2.82% | 3.31x | 2.65x | CN¥16.28 Million |
| 2009 | 27.44% | 4.08% | 2.60x | 2.58x | CN¥26.58 Million |
| 2010 | 2.93% | 2.26% | 1.11x | 1.17x | CN¥-55.96 Million |
| 2011 | 1.93% | 1.59% | 0.92x | 1.32x | CN¥-65.18 Million |
| 2012 | 3.84% | 2.94% | 0.91x | 1.44x | CN¥-51.70 Million |
| 2013 | -7.05% | -5.81% | 0.99x | 1.22x | CN¥-131.64 Million |
| 2014 | 1.35% | 1.58% | 0.75x | 1.13x | CN¥-67.69 Million |
| 2015 | 1.33% | 2.23% | 0.49x | 1.22x | CN¥-69.25 Million |
| 2016 | 1.39% | 3.86% | 0.32x | 1.13x | CN¥-97.67 Million |
| 2017 | 4.17% | 21.86% | 0.18x | 1.05x | CN¥-131.48 Million |
| 2018 | 8.19% | 27.66% | 0.22x | 1.33x | CN¥-43.69 Million |
| 2019 | 2.16% | 10.07% | 0.18x | 1.21x | CN¥-204.32 Million |
| 2020 | -25.94% | -156.00% | 0.13x | 1.27x | CN¥-725.20 Million |
| 2021 | -23.89% | -106.46% | 0.19x | 1.18x | CN¥-735.14 Million |
| 2022 | -26.93% | -101.22% | 0.23x | 1.15x | CN¥-679.15 Million |
| 2023 | -18.04% | -69.91% | 0.21x | 1.23x | CN¥-437.28 Million |
| 2024 | -28.76% | -92.33% | 0.20x | 1.52x | CN¥-466.76 Million |
Industry Comparison
This section compares Hengxin Mobile Business's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,234,019,388
- Average return on equity (ROE) among peers: 7.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hengxin Mobile Business (300081) | CN¥817.73 Million | 23.99% | 1.20x | $306.21 Million |
| ZTE Corp (000063) | $701.40 Million | 16.69% | 0.94x | $19.12 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $777.81 Million | 0.64% | 0.63x | $2.33 Billion |
| Addsino Co Ltd (000547) | $483.41 Million | 1.94% | 1.23x | $3.49 Billion |
| Sichuan Huiyuan Optical Com (000586) | $310.66 Million | 7.41% | 1.42x | $385.53 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.33 Billion | 4.40% | 1.81x | $414.19 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.95 Billion | 4.92% | 0.86x | $1.81 Billion |
| Skyworth Digital Co Ltd (000810) | $152.08 Million | 7.57% | 1.53x | $1.63 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $1.09 Billion | 1.30% | 1.15x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $1.49 Billion | 4.51% | 1.03x | $923.79 Million |
| Sunwave Communications Co Ltd (002115) | $60.20 Million | 26.45% | 1.69x | $1.19 Billion |
About Hengxin Mobile Business
Hengxin Shambala Culture Co.,Ltd. engages in digital cultural creativity, content production services, and technical services. The company offers digital creative product applications and services, such as LBE urban new entertainment; and VR/CG content production and application. The company also provides internet video application products and services; and computing power system integration and… Read more