Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd (300403) - Net Assets
Based on the latest financial reports, Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd (300403) has net assets worth CN¥2.14 Billion CNY (≈ $312.92 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¥2.52 Billion ≈ $369.03 Million USD) and total liabilities (CN¥383.48 Million ≈ $56.12 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 asset resilience ratio of Jiangmen iDear-Hanyu Electrical Joint-St to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.14 Billion |
| % of Total Assets | 84.79% |
| Annual Growth Rate | 28.71% |
| 5-Year Change | 33.14% |
| 10-Year Change | 64.39% |
| Growth Volatility | 85.17 |
Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300403 total assets for the complete picture of this company's asset base.
Annual Net Assets for Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd (2009–2024)
The table below shows the annual net assets of Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd from 2009 to 2024. For live valuation and market cap data, see 300403 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.01 Billion ≈ $293.99 Million |
+2.77% |
| 2023-12-31 | CN¥1.95 Billion ≈ $286.08 Million |
+6.46% |
| 2022-12-31 | CN¥1.84 Billion ≈ $268.72 Million |
+9.63% |
| 2021-12-31 | CN¥1.68 Billion ≈ $245.12 Million |
+11.01% |
| 2020-12-31 | CN¥1.51 Billion ≈ $220.81 Million |
+9.41% |
| 2019-12-31 | CN¥1.38 Billion ≈ $201.82 Million |
+3.16% |
| 2018-12-31 | CN¥1.34 Billion ≈ $195.64 Million |
-9.67% |
| 2017-12-31 | CN¥1.48 Billion ≈ $216.59 Million |
+10.34% |
| 2016-12-31 | CN¥1.34 Billion ≈ $196.29 Million |
+9.76% |
| 2015-12-31 | CN¥1.22 Billion ≈ $178.84 Million |
+6.97% |
| 2014-12-31 | CN¥1.14 Billion ≈ $167.19 Million |
+158.89% |
| 2013-12-31 | CN¥441.33 Million ≈ $64.58 Million |
+26.89% |
| 2012-12-31 | CN¥347.80 Million ≈ $50.89 Million |
+36.04% |
| 2011-12-31 | CN¥255.66 Million ≈ $37.41 Million |
+31.24% |
| 2010-12-31 | CN¥194.81 Million ≈ $28.51 Million |
+327.40% |
| 2009-12-31 | CN¥45.58 Million ≈ $6.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangmen iDear-Hanyu Electrical Joint-Stock 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 2687.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥847.50 Million | 42.18% |
| Common Stock | CN¥603.00 Million | 30.01% |
| Other Comprehensive Income | CN¥385.34 Million | 19.18% |
| Other Components | CN¥173.26 Million | 8.62% |
| Total Equity | CN¥2.01 Billion | 100.00% |
Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foosung
KO:093370
|
$962.35 Million |
|
Amerant Bancorp Inc.
NYSE:AMTB
|
$962.39 Million |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
$962.46 Million |
|
Permian Basin Royalty Trust
NYSE:PBT
|
$962.47 Million |
|
Shanghai Baosteel Packaging
SHG:601968
|
$961.44 Million |
|
Nordic American Tankers Limited
NYSE:NAT
|
$961.35 Million |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
$961.31 Million |
|
XiAn Tian He Defense Technology Co Ltd
SHE:300397
|
$961.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,954,983,000 to 2,009,093,000, a change of 54,110,000 (2.8%).
- Net income of 234,108,409 contributed positively to equity growth.
- Dividend payments of 230,133,000 reduced retained earnings.
- Other comprehensive income increased equity by 375,104,227.
- Other factors decreased equity by 324,969,636.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥234.11 Million | +11.65% |
| Dividends Paid | CN¥230.13 Million | -11.45% |
| Other Comprehensive Income | CN¥375.10 Million | +18.67% |
| Other Changes | CN¥-324.97 Million | -16.17% |
| Total Change | CN¥- | 2.77% |
Book Value vs Market Value Analysis
This analysis compares Jiangmen iDear-Hanyu Electrical Joint-Stock 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: 3.27x
- 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 87.77x to 3.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.12 | CN¥10.90 | x |
| 2010-12-31 | CN¥0.52 | CN¥10.90 | x |
| 2011-12-31 | CN¥0.57 | CN¥10.90 | x |
| 2012-12-31 | CN¥0.77 | CN¥10.90 | x |
| 2013-12-31 | CN¥0.98 | CN¥10.90 | x |
| 2014-12-31 | CN¥2.40 | CN¥10.90 | x |
| 2015-12-31 | CN¥2.03 | CN¥10.90 | x |
| 2016-12-31 | CN¥2.21 | CN¥10.90 | x |
| 2017-12-31 | CN¥2.44 | CN¥10.90 | x |
| 2018-12-31 | CN¥2.21 | CN¥10.90 | x |
| 2019-12-31 | CN¥2.28 | CN¥10.90 | x |
| 2020-12-31 | CN¥2.49 | CN¥10.90 | x |
| 2021-12-31 | CN¥2.77 | CN¥10.90 | x |
| 2022-12-31 | CN¥3.05 | CN¥10.90 | x |
| 2023-12-31 | CN¥3.21 | CN¥10.90 | x |
| 2024-12-31 | CN¥3.33 | CN¥10.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangmen iDear-Hanyu Electrical Joint-Stock 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): 11.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.54%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.22x
- Recent ROE (11.65%) is below the historical average (16.34%), 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 | 17.89% | 5.47% | 1.52x | 2.15x | CN¥3.60 Million |
| 2010 | 23.30% | 12.76% | 1.16x | 1.57x | CN¥25.91 Million |
| 2011 | 31.38% | 18.97% | 1.29x | 1.28x | CN¥54.67 Million |
| 2012 | 26.49% | 18.74% | 1.15x | 1.23x | CN¥57.36 Million |
| 2013 | 26.86% | 19.91% | 1.09x | 1.24x | CN¥74.40 Million |
| 2014 | 11.49% | 20.21% | 0.52x | 1.09x | CN¥16.99 Million |
| 2015 | 12.09% | 21.23% | 0.51x | 1.11x | CN¥25.50 Million |
| 2016 | 14.30% | 25.27% | 0.51x | 1.11x | CN¥57.62 Million |
| 2017 | 10.92% | 20.66% | 0.47x | 1.13x | CN¥13.55 Million |
| 2018 | 12.23% | 20.50% | 0.49x | 1.23x | CN¥29.68 Million |
| 2019 | 11.87% | 18.88% | 0.52x | 1.20x | CN¥25.63 Million |
| 2020 | 13.60% | 21.80% | 0.44x | 1.43x | CN¥54.15 Million |
| 2021 | 13.74% | 20.37% | 0.51x | 1.33x | CN¥62.50 Million |
| 2022 | 11.12% | 19.31% | 0.47x | 1.22x | CN¥20.51 Million |
| 2023 | 12.48% | 22.35% | 0.46x | 1.21x | CN¥48.46 Million |
| 2024 | 11.65% | 20.54% | 0.46x | 1.22x | CN¥33.20 Million |
Industry Comparison
This section compares Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd (300403) | CN¥2.14 Billion | 17.89% | 0.18x | $961.79 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd
Hanyu Group Joint-Stock Co., Ltd. researches, develops, produces, and sells drainage pumps for household appliances in China. It offers spa toilet, harmonic reducer, charging pile series, and mechatronics and automotive electronic pump products. The company was formerly known as Jiangmen iDear-Hanyu Electrical Joint-Stock Co., Ltd. and changed its name to Hanyu Group Joint-Stock Co., Ltd. in Dece… Read more