HPF Co Ltd (300350) - Net Assets

Latest as of March 2026: CN¥870.21 Million CNY ≈ $127.34 Million USD

Based on the latest financial reports, HPF Co Ltd (300350) has net assets worth CN¥870.21 Million CNY (≈ $127.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.28 Billion ≈ $187.71 Million USD) and total liabilities (CN¥412.59 Million ≈ $60.38 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 300350 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥870.21 Million
% of Total Assets	67.84%
Annual Growth Rate	14.32%
5-Year Change	-10.78%
10-Year Change	-54.47%
Growth Volatility	80.44

HPF Co Ltd - Net Assets Trend (2009–2025)

This chart illustrates how HPF Co Ltd's net assets have evolved over time, based on quarterly financial data. See HPF Co Ltd (300350) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for HPF Co Ltd (2009–2025)

The table below shows the annual net assets of HPF Co Ltd from 2009 to 2025. For live valuation and market cap data, see HPF Co Ltd market cap and net worth.

Year	Net Assets	Change
2025-12-31	CN¥878.42 Million ≈ $128.54 Million	-3.79%
2024-12-31	CN¥913.05 Million ≈ $133.61 Million	+1.88%
2023-12-31	CN¥896.22 Million ≈ $131.15 Million	+3.39%
2022-12-31	CN¥866.87 Million ≈ $126.85 Million	-11.96%
2021-12-31	CN¥984.58 Million ≈ $144.08 Million	+76.69%
2020-12-31	CN¥557.25 Million ≈ $81.54 Million	-11.66%
2019-12-31	CN¥630.79 Million ≈ $92.30 Million	-44.20%
2018-12-31	CN¥1.13 Billion ≈ $165.43 Million	-43.53%
2017-12-31	CN¥2.00 Billion ≈ $292.94 Million	+3.75%
2016-12-31	CN¥1.93 Billion ≈ $282.34 Million	+10.67%
2015-12-31	CN¥1.74 Billion ≈ $255.12 Million	+297.63%
2014-12-31	CN¥438.46 Million ≈ $64.16 Million	+4.97%
2013-12-31	CN¥417.71 Million ≈ $61.12 Million	+9.13%
2012-12-31	CN¥382.78 Million ≈ $56.01 Million	+132.59%
2011-12-31	CN¥164.57 Million ≈ $24.08 Million	+27.31%
2010-12-31	CN¥129.27 Million ≈ $18.92 Million	+25.31%
2009-12-31	CN¥103.16 Million ≈ $15.10 Million	--

Equity Component Analysis

This analysis shows how different components contribute to HPF 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 1818.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥1.62 Billion	183.57%
Total Equity	CN¥884.70 Million	100.00%

HPF Co Ltd Competitors by Market Cap

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

Company	Market Cap
Tesco PLC LSE:TSCO	$357.75 Million
Karbon Capital Partners Corp. Class A Ordinary Shares NASDAQ:KBON	$357.79 Million
Meier Tobler Group AG SW:MTG	$357.86 Million
Beijing Century Real Tech SHE:300150	$357.89 Million
INVALDA INVL AB EO-29 F:WTK	$357.64 Million
Hanil Cement Co Ltd KO:003300	$357.50 Million
Ainsworth Game Technology Ltd AU:AGI	$357.45 Million
Irani Papel e Embalagem S.A SA:RANI3	$357.31 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 918,870,596 to 884,703,602, a change of -34,166,994 (-3.7%).
Net loss of 36,021,842 reduced equity.
Dividend payments of 2,134,637 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-36.02 Million	-4.07%
Dividends Paid	CN¥2.13 Million	-0.24%
Other Changes	CN¥3.99 Million	+0.45%
Total Change	CN¥-	-3.72%

Book Value vs Market Value Analysis

This analysis compares HPF 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: 2.76x
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 1.23x to 2.76x 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¥3.54	CN¥4.35	x
2018-12-31	CN¥2.05	CN¥4.35	x
2019-12-31	CN¥0.94	CN¥4.35	x
2020-12-31	CN¥0.91	CN¥4.35	x
2021-12-31	CN¥1.54	CN¥4.35	x
2022-12-31	CN¥1.42	CN¥4.35	x
2023-12-31	CN¥1.60	CN¥4.35	x
2024-12-31	CN¥1.63	CN¥4.35	x
2025-12-31	CN¥1.57	CN¥4.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently HPF 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): -4.07%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -7.83%
• Asset Turnover: 0.36x
• Equity Multiplier: 1.44x
Recent ROE (-4.07%) is below the historical average (-3.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	15.12%	8.75%	1.51x	1.14x	CN¥5.29 Million
2010	19.89%	9.62%	1.41x	1.46x	CN¥12.59 Million
2011	21.64%	9.14%	1.57x	1.51x	CN¥18.92 Million
2012	10.40%	9.55%	0.75x	1.45x	CN¥1.51 Million
2013	7.56%	7.55%	0.59x	1.69x	CN¥-9.86 Million
2014	7.23%	4.54%	0.86x	1.85x	CN¥-11.79 Million
2015	4.93%	10.98%	0.36x	1.24x	CN¥-87.69 Million
2016	7.14%	18.96%	0.26x	1.42x	CN¥-52.88 Million
2017	3.15%	6.13%	0.33x	1.54x	CN¥-128.85 Million
2018	-61.68%	-63.09%	0.44x	2.23x	CN¥-699.46 Million
2019	-118.32%	-89.44%	0.39x	3.40x	CN¥-573.54 Million
2020	11.83%	8.38%	0.41x	3.46x	CN¥7.91 Million
2021	5.62%	9.03%	0.28x	2.22x	CN¥-37.97 Million
2022	-8.46%	-13.18%	0.30x	2.14x	CN¥-147.97 Million
2023	10.96%	27.29%	0.31x	1.30x	CN¥8.61 Million
2024	1.87%	5.13%	0.30x	1.22x	CN¥-74.75 Million
2025	-4.07%	-7.83%	0.36x	1.44x	CN¥-124.49 Million

Industry Comparison

This section compares HPF Co Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

Industry: Integrated Freight & Logistics
Average net assets among peers: $12,969,973,620
Average return on equity (ROE) among peers: 11.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HPF Co Ltd (300350)	CN¥870.21 Million	15.12%	0.47x	$357.74 Million
Citic Offshore Helicopter Co Ltd (000099)	$3.06 Billion	2.97%	0.83x	$1.94 Billion
Guangdong Jushen Logistics Co Ltd (001202)	$51.42 Million	8.12%	0.47x	$352.71 Million
YUNDA Holding Co Ltd (002120)	$11.58 Billion	23.29%	0.56x	$2.85 Billion
S.F. Holding Co. Ltd (002352)	$102.34 Billion	9.94%	1.09x	$23.59 Billion
STO Express Co Ltd (002468)	$8.84 Billion	0.41%	0.94x	$3.13 Billion
Hubeiyichang Transportation Group Co Ltd (002627)	$1.07 Billion	5.94%	0.85x	$699.81 Million
Shenzhen Prolto Supply Chain Management Co Ltd (002769)	$1.02 Billion	16.82%	27.71x	$404.79 Million
Xinjiang Tianshun Supply Chain Co Ltd (002800)	$460.06 Million	1.26%	1.18x	$322.16 Million
Shenzhen Easttop Supply Chain Management Co Ltd (002889)	$87.36 Million	53.49%	102.03x	$633.89 Million
Jiangsu Xinning Modern Logist (300013)	$1.20 Billion	-9.18%	0.44x	$327.64 Million

About HPF Co Ltd

SHE:300350 China Integrated Freight & Logistics

Market Cap

$357.74 Million

CN¥2.44 Billion CNY

Market Cap Rank

#14137 Global

#4254 in China

Share Price

CN¥4.35

Change (1 day)

+1.16%

52-Week Range

CN¥4.22 - CN¥7.63

All Time High

CN¥24.08