Qingdao Hengshun Zhongsheng (300208) - Net Assets
Based on the latest financial reports, Qingdao Hengshun Zhongsheng (300208) has net assets worth CN¥100.51 Million CNY (≈ $14.71 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.51 Billion ≈ $367.64 Million USD) and total liabilities (CN¥2.41 Billion ≈ $352.93 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. Explore cash efficiency ratio of Qingdao Hengshun Zhongsheng to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥100.51 Million |
| % of Total Assets | 4.0% |
| Annual Growth Rate | 7.51% |
| 5-Year Change | -86.66% |
| 10-Year Change | -83.85% |
| Growth Volatility | 81.99 |
Qingdao Hengshun Zhongsheng - Net Assets Trend (2008–2024)
This chart illustrates how Qingdao Hengshun Zhongsheng's net assets have evolved over time, based on quarterly financial data. Explore Qingdao Hengshun Zhongsheng long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Qingdao Hengshun Zhongsheng (2008–2024)
The table below shows the annual net assets of Qingdao Hengshun Zhongsheng from 2008 to 2024. For live valuation and market cap data, see 300208 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥186.88 Million ≈ $27.35 Million |
+151.92% |
| 2023-12-31 | CN¥-359.94 Million ≈ $-52.67 Million |
-133.01% |
| 2022-12-31 | CN¥1.09 Billion ≈ $159.54 Million |
-10.96% |
| 2021-12-31 | CN¥1.22 Billion ≈ $179.19 Million |
-12.56% |
| 2020-12-31 | CN¥1.40 Billion ≈ $204.92 Million |
-25.61% |
| 2019-12-31 | CN¥1.88 Billion ≈ $275.47 Million |
-11.21% |
| 2018-12-31 | CN¥2.12 Billion ≈ $310.25 Million |
+10.31% |
| 2017-12-31 | CN¥1.92 Billion ≈ $281.25 Million |
+19.27% |
| 2016-12-31 | CN¥1.61 Billion ≈ $235.81 Million |
+39.25% |
| 2015-12-31 | CN¥1.16 Billion ≈ $169.35 Million |
+43.27% |
| 2014-12-31 | CN¥807.75 Million ≈ $118.20 Million |
+16.41% |
| 2013-12-31 | CN¥693.90 Million ≈ $101.54 Million |
+2.07% |
| 2012-12-31 | CN¥679.86 Million ≈ $99.49 Million |
+8.19% |
| 2011-12-31 | CN¥628.40 Million ≈ $91.95 Million |
+260.26% |
| 2010-12-31 | CN¥174.43 Million ≈ $25.52 Million |
+135.79% |
| 2009-12-31 | CN¥73.98 Million ≈ $10.83 Million |
+26.16% |
| 2008-12-31 | CN¥58.64 Million ≈ $8.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qingdao Hengshun Zhongsheng'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 11709.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.84 Billion | 1064.20% |
| Total Equity | CN¥172.61 Million | 100.00% |
Qingdao Hengshun Zhongsheng Competitors by Market Cap
The table below lists competitors of Qingdao Hengshun Zhongsheng ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eagle Veterinary Technology Co.Ltd
KQ:044960
|
$30.71 Million |
|
Dayou AP Co.Ltd
KQ:290120
|
$30.72 Million |
|
INIFY LABORATORIES AB
F:WY60
|
$30.74 Million |
|
GLOBUS MARITIME DL -004
F:0G93
|
$30.74 Million |
|
PTL LTD Ordinary Shares
NASDAQ:PTLE
|
$30.70 Million |
|
Petrolia SE
F:0PE
|
$30.70 Million |
|
Nordic Iron Ore
ST:NIO
|
$30.70 Million |
|
Sangshin Electronics Co. Ltd
KQ:263810
|
$30.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Hengshun Zhongsheng's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -365,214,432 to 172,606,117, a change of 537,820,549.
- Net loss of 310,302,902 reduced equity.
- Dividend payments of 18,561,343 reduced retained earnings.
- Other factors increased equity by 866,684,794.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-310.30 Million | -179.78% |
| Dividends Paid | CN¥18.56 Million | -10.75% |
| Other Changes | CN¥866.68 Million | +502.12% |
| Total Change | CN¥- | % |
Book Value vs Market Value Analysis
This analysis compares Qingdao Hengshun Zhongsheng'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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.11x to 1.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.49 | CN¥0.28 | x |
| 2018-12-31 | CN¥2.75 | CN¥0.28 | x |
| 2019-12-31 | CN¥2.49 | CN¥0.28 | x |
| 2020-12-31 | CN¥1.83 | CN¥0.28 | x |
| 2021-12-31 | CN¥1.60 | CN¥0.28 | x |
| 2022-12-31 | CN¥1.42 | CN¥0.28 | x |
| 2023-12-31 | CN¥-0.49 | CN¥0.28 | x |
| 2024-12-31 | CN¥0.23 | CN¥0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Hengshun Zhongsheng 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): -179.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -226.99%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 15.24x
- Recent ROE (-179.78%) is below the historical average (-3.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 25.37% | 14.34% | 0.38x | 4.71x | CN¥8.98 Million |
| 2009 | 37.19% | 19.28% | 0.57x | 3.40x | CN¥20.11 Million |
| 2010 | 23.62% | 22.55% | 0.54x | 1.94x | CN¥23.76 Million |
| 2011 | 7.94% | 22.43% | 0.26x | 1.37x | CN¥-12.95 Million |
| 2012 | 8.14% | 22.38% | 0.24x | 1.54x | CN¥-12.64 Million |
| 2013 | 5.43% | 22.44% | 0.14x | 1.70x | CN¥-31.95 Million |
| 2014 | 13.60% | 16.34% | 0.47x | 1.78x | CN¥28.99 Million |
| 2015 | 29.39% | 29.11% | 0.54x | 1.85x | CN¥223.43 Million |
| 2016 | 15.85% | 21.08% | 0.43x | 1.74x | CN¥93.31 Million |
| 2017 | 17.53% | 21.95% | 0.39x | 2.04x | CN¥143.57 Million |
| 2018 | 8.93% | 14.47% | 0.26x | 2.42x | CN¥-22.55 Million |
| 2019 | -13.88% | -34.26% | 0.13x | 3.08x | CN¥-446.20 Million |
| 2020 | -29.83% | -141.09% | 0.06x | 3.36x | CN¥-545.38 Million |
| 2021 | -10.74% | -8.15% | 0.38x | 3.49x | CN¥-249.46 Million |
| 2022 | -14.43% | -18.42% | 0.20x | 3.93x | CN¥-259.46 Million |
| 2023 | 0.00% | -252.69% | 0.14x | 0.00x | CN¥-1.12 Billion |
| 2024 | -179.78% | -226.99% | 0.05x | 15.24x | CN¥-327.56 Million |
Industry Comparison
This section compares Qingdao Hengshun Zhongsheng's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,575,831,089
- Average return on equity (ROE) among peers: 15.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Hengshun Zhongsheng (300208) | CN¥100.51 Million | 25.37% | 24.00x | $30.71 Million |
| XJ Electric Co Ltd (000400) | $115.97 Million | 47.85% | 1.55x | $3.93 Billion |
| Guangdong Macro Co Ltd (000533) | $2.06 Billion | 11.00% | 0.58x | $1.18 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.92 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $2.27 Billion | 47.35% | 1.31x | $847.64 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $23.52 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $2.96 Billion | 3.73% | 1.19x | $1.51 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $22.65 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $201.79 Million | -7.53% | 0.85x | $563.82 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.10 Billion |
About Qingdao Hengshun Zhongsheng
Qingdao Zhongzi Zhongcheng Group Co.,Ltd. engages in the research and development, manufacture, and sale of power and harmonic pollution control equipment in China and internationally. It offers green power grid products, such as high voltage shunt and filter capacitors; and magnetically controlled static var compensation devices. The company also invests in the construction of power plants, and … Read more