Wenzhou Hongfeng Electrical Alloy Co Ltd Net Assets
Wenzhou Hongfeng Electrical Alloy Co Ltd net assets. Based on the latest financial reports, Wenzhou Hongfeng Electrical Alloy Co Ltd (300283) has net assets worth CN¥1.18 Billion CNY (≈ $173.02 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¥3.56 Billion ≈ $521.13 Million USD) and total liabilities (CN¥2.38 Billion ≈ $348.11 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. See 300283 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.18 Billion |
| % of Total Assets | 33.2% |
| Annual Growth Rate | 20.15% |
| 5-Year Change | 19.04% |
| 10-Year Change | 63.18% |
| Growth Volatility | 41.47 |
Net Assets of Wenzhou Hongfeng Electrical Alloy Co Ltd (2008–2024)
Net assets of Wenzhou Hongfeng Electrical Alloy Co Ltd from 2008 to 2024. This chart illustrates how Wenzhou Hongfeng Electrical Alloy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Wenzhou Hongfeng Electrical Alloy Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Wenzhou Hongfeng Electrical Alloy Co Ltd (2008–2024)
The table below shows the annual net assets of Wenzhou Hongfeng Electrical Alloy Co Ltd from 2008 to 2024. For live market cap and overall valuation, see 300283 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥911.41 Million ≈ $133.37 Million |
-12.95% |
| 2023-12-31 | CN¥1.05 Billion ≈ $153.20 Million |
+5.72% |
| 2022-12-31 | CN¥990.30 Million ≈ $144.91 Million |
+19.66% |
| 2021-12-31 | CN¥827.59 Million ≈ $121.10 Million |
+8.09% |
| 2020-12-31 | CN¥765.63 Million ≈ $112.04 Million |
+24.15% |
| 2019-12-31 | CN¥616.70 Million ≈ $90.24 Million |
+4.67% |
| 2018-12-31 | CN¥589.15 Million ≈ $86.21 Million |
+2.77% |
| 2017-12-31 | CN¥573.30 Million ≈ $83.89 Million |
-0.18% |
| 2016-12-31 | CN¥574.35 Million ≈ $84.04 Million |
+2.83% |
| 2015-12-31 | CN¥558.53 Million ≈ $81.73 Million |
-2.07% |
| 2014-12-31 | CN¥570.33 Million ≈ $83.46 Million |
+6.24% |
| 2013-12-31 | CN¥536.85 Million ≈ $78.56 Million |
-0.56% |
| 2012-12-31 | CN¥539.86 Million ≈ $79.00 Million |
+124.39% |
| 2011-12-31 | CN¥240.59 Million ≈ $35.21 Million |
+51.04% |
| 2010-12-31 | CN¥159.29 Million ≈ $23.31 Million |
+128.37% |
| 2009-12-31 | CN¥69.75 Million ≈ $10.21 Million |
+44.38% |
| 2008-12-31 | CN¥48.31 Million ≈ $7.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wenzhou Hongfeng Electrical Alloy 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 grown by 1135.7% over the analyzed period, indicating profitable operations and earnings retention.
Wenzhou Hongfeng Electrical Alloy Co Ltd Net Assets Breakdown (December 2024)
Wenzhou Hongfeng Electrical Alloy Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥157.85 Million | 18.42% |
| Common Stock | CN¥437.28 Million | 51.03% |
| Other Comprehensive Income | CN¥156.17 Million | 18.23% |
| Other Components | CN¥105.59 Million | 12.32% |
| Total Equity | CN¥856.89 Million | 100.00% |
Wenzhou Hongfeng Electrical Alloy Co Ltd Competitors by Market Cap
The table below lists competitors of Wenzhou Hongfeng Electrical Alloy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dalian Sunasia Tourism Holding Co Ltd
SHG:600593
|
$743.68 Million |
|
Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848
|
$743.71 Million |
|
Ton Yi Industrial Corp
TW:9907
|
$743.79 Million |
|
XiAn Tian He Defense Technology Co Ltd
SHE:300397
|
$743.83 Million |
|
MCCORMICK+CO.INC. DL-01
F:MCX0
|
$743.15 Million |
|
Ferrari Group PLC
AS:FERGR
|
$742.27 Million |
|
Guizhou Zhenhua E chem Inc
SHG:688707
|
$742.21 Million |
|
LOGAN GROUP HD -10
F:5LP
|
$742.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wenzhou Hongfeng Electrical Alloy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 952,964,464 to 856,891,430, a change of -96,073,034 (-10.1%).
- Net loss of 73,673,891 reduced equity.
- Dividend payments of 59,407,774 reduced retained earnings.
- Share repurchases of 20,000,000 reduced equity.
- Other comprehensive income increased equity by 45,196,357.
- Other factors increased equity by 11,812,274.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-73.67 Million | -8.6% |
| Dividends Paid | CN¥59.41 Million | -6.93% |
| Share Repurchases | CN¥20.00 Million | -2.33% |
| Other Comprehensive Income | CN¥45.20 Million | +5.27% |
| Other Changes | CN¥11.81 Million | +1.38% |
| Total Change | CN¥- | -10.08% |
Book Value vs Market Value Analysis
This analysis compares Wenzhou Hongfeng Electrical Alloy 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: 5.21x
- 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 62.91x to 5.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.16 | CN¥10.22 | x |
| 2009-12-31 | CN¥0.24 | CN¥10.22 | x |
| 2010-12-31 | CN¥0.55 | CN¥10.22 | x |
| 2011-12-31 | CN¥0.77 | CN¥10.22 | x |
| 2012-12-31 | CN¥1.33 | CN¥10.22 | x |
| 2013-12-31 | CN¥1.32 | CN¥10.22 | x |
| 2014-12-31 | CN¥1.28 | CN¥10.22 | x |
| 2015-12-31 | CN¥1.29 | CN¥10.22 | x |
| 2016-12-31 | CN¥1.39 | CN¥10.22 | x |
| 2017-12-31 | CN¥1.80 | CN¥10.22 | x |
| 2018-12-31 | CN¥1.39 | CN¥10.22 | x |
| 2019-12-31 | CN¥1.48 | CN¥10.22 | x |
| 2020-12-31 | CN¥1.75 | CN¥10.22 | x |
| 2021-12-31 | CN¥1.88 | CN¥10.22 | x |
| 2022-12-31 | CN¥2.16 | CN¥10.22 | x |
| 2023-12-31 | CN¥2.26 | CN¥10.22 | x |
| 2024-12-31 | CN¥1.96 | CN¥10.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wenzhou Hongfeng Electrical Alloy 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): -8.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.35%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 3.72x
- Recent ROE (-8.60%) is below the historical average (8.67%), 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 | 18.94% | 5.27% | 0.87x | 4.11x | CN¥4.23 Million |
| 2009 | 31.15% | 9.53% | 0.81x | 4.04x | CN¥14.54 Million |
| 2010 | 27.83% | 9.69% | 0.86x | 3.34x | CN¥28.40 Million |
| 2011 | 33.79% | 9.94% | 1.41x | 2.41x | CN¥57.24 Million |
| 2012 | 7.69% | 5.89% | 0.91x | 1.44x | CN¥-12.48 Million |
| 2013 | 0.76% | 0.61% | 0.96x | 1.28x | CN¥-49.61 Million |
| 2014 | 4.16% | 3.48% | 0.75x | 1.59x | CN¥-32.66 Million |
| 2015 | 1.05% | 0.91% | 0.75x | 1.53x | CN¥-48.70 Million |
| 2016 | 4.30% | 3.11% | 0.64x | 2.17x | CN¥-32.12 Million |
| 2017 | 1.11% | 0.63% | 0.69x | 2.56x | CN¥-50.28 Million |
| 2018 | 3.59% | 1.79% | 0.84x | 2.40x | CN¥-37.50 Million |
| 2019 | 4.25% | 1.35% | 1.33x | 2.36x | CN¥-35.30 Million |
| 2020 | 4.57% | 1.99% | 1.01x | 2.27x | CN¥-41.43 Million |
| 2021 | 7.36% | 2.56% | 1.16x | 2.47x | CN¥-21.66 Million |
| 2022 | 3.21% | 1.42% | 0.87x | 2.61x | CN¥-64.15 Million |
| 2023 | 2.22% | 0.73% | 1.02x | 3.00x | CN¥-74.18 Million |
| 2024 | -8.60% | -2.35% | 0.98x | 3.72x | CN¥-159.36 Million |
Industry Comparison
This section compares Wenzhou Hongfeng Electrical Alloy Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,961,074,478
- Average return on equity (ROE) among peers: 12.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wenzhou Hongfeng Electrical Alloy Co Ltd (300283) | CN¥1.18 Billion | 18.94% | 2.01x | $743.23 Million |
| XJ Electric Co Ltd (000400) | $6.87 Billion | 10.49% | 0.82x | $3.44 Billion |
| Guangdong Macro Co Ltd (000533) | $1.50 Billion | 9.20% | 1.19x | $904.74 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $897.87 Million |
| Dongfang Electronics Co Ltd (000682) | $3.80 Billion | 7.43% | 0.81x | $1.93 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.47 Billion | 5.33% | 0.99x | $610.45 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $10.65 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $476.40 Million | 11.31% | 1.40x | $1.13 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $12.23 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $391.27 Million |
| Gotion High tech Co Ltd (002074) | $3.04 Billion | 19.22% | 1.21x | $7.03 Billion |
About Wenzhou Hongfeng Electrical Alloy Co Ltd
Wenzhou Hongfeng Electrical Alloy Co., Ltd., together with its subsidiaries, engages in the research, development, production, sales, and service of new material technology business in the People's Republic of China. The company offers electrical contact materials, metal-matrix engineered composite materials, cemented carbide materials, lithium copper foil, lead frame, and intelligent equipment. … Read more