Guangzhou Hangxin Aviation Technology Co Ltd

SHE:300424 China Aerospace & Defense
Market Cap
$600.44 Million
CN¥4.41 Billion CNY
Market Cap Rank
#10312 Global
#2272 in China
Share Price
CN¥17.95
Change (1 day)
+1.01%
52-Week Range
CN¥11.98 - CN¥21.11
All Time High
CN¥56.59
About

Guangzhou Hangxin Aviation Technology Co., Ltd. engages in the development, testing, and maintenance of aviation airborne equipment in the People's Republic of China and internationally. The company offers heavy and light maintenance, and component maintenance services; asset management services, such as aircraft project evaluation, asset disposal, aircraft teardown, design and manufacturing, eng… Read more

Guangzhou Hangxin Aviation Technology Co Ltd (300424) - Net Assets

Latest net assets as of September 2025: CN¥824.11 Million CNY

Based on the latest financial reports, Guangzhou Hangxin Aviation Technology Co Ltd (300424) has net assets worth CN¥824.11 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.56 Billion) and total liabilities (CN¥1.74 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥824.11 Million
% of Total Assets 32.14%
Annual Growth Rate 8.86%
5-Year Change 9.31%
10-Year Change -4.22%
Growth Volatility 23.9

Guangzhou Hangxin Aviation Technology Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Guangzhou Hangxin Aviation Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guangzhou Hangxin Aviation Technology Co Ltd (2011–2024)

The table below shows the annual net assets of Guangzhou Hangxin Aviation Technology Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥783.49 Million -1.90%
2023-12-31 CN¥798.66 Million +4.30%
2022-12-31 CN¥765.75 Million +2.78%
2021-12-31 CN¥745.04 Million +3.94%
2020-12-31 CN¥716.79 Million -30.02%
2019-12-31 CN¥1.02 Billion +7.26%
2018-12-31 CN¥954.95 Million +5.70%
2017-12-31 CN¥903.42 Million +3.24%
2016-12-31 CN¥875.04 Million +6.97%
2015-12-31 CN¥818.05 Million +81.95%
2014-12-31 CN¥449.61 Million +17.04%
2013-12-31 CN¥384.14 Million +20.84%
2012-12-31 CN¥317.88 Million +22.29%
2011-12-31 CN¥259.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangzhou Hangxin Aviation Technology 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 9.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥129.30 Million 17.19%
Common Stock CN¥245.43 Million 32.62%
Other Comprehensive Income CN¥84.39 Million 11.22%
Other Components CN¥293.18 Million 38.97%
Total Equity CN¥752.29 Million 100.00%

Guangzhou Hangxin Aviation Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Guangzhou Hangxin Aviation Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 781,168,000 to 752,292,000, a change of -28,876,000 (-3.7%).
  • Net loss of 95,384,000 reduced equity.
  • Dividend payments of 2,399,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 21,823,000.
  • Other factors increased equity by 90,730,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-95.38 Million -12.68%
Dividends Paid CN¥2.40 Million -0.32%
Other Comprehensive Income CN¥-21.82 Million -2.9%
Other Changes CN¥90.73 Million +12.06%
Total Change CN¥- -3.70%

Book Value vs Market Value Analysis

This analysis compares Guangzhou Hangxin Aviation Technology 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: 5.74x
  • 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 12.48x to 5.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥1.44 CN¥17.95 x
2012-12-31 CN¥1.77 CN¥17.95 x
2013-12-31 CN¥2.15 CN¥17.95 x
2014-12-31 CN¥2.52 CN¥17.95 x
2015-12-31 CN¥3.72 CN¥17.95 x
2016-12-31 CN¥3.65 CN¥17.95 x
2017-12-31 CN¥3.77 CN¥17.95 x
2018-12-31 CN¥3.98 CN¥17.95 x
2019-12-31 CN¥4.26 CN¥17.95 x
2020-12-31 CN¥2.92 CN¥17.95 x
2021-12-31 CN¥3.06 CN¥17.95 x
2022-12-31 CN¥3.15 CN¥17.95 x
2023-12-31 CN¥3.26 CN¥17.95 x
2024-12-31 CN¥3.13 CN¥17.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangzhou Hangxin Aviation Technology 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): -12.68%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.62%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 3.13x
  • Recent ROE (-12.68%) is below the historical average (4.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 23.20% 18.21% 0.72x 1.78x CN¥34.31 Million
2012 22.96% 17.88% 0.61x 2.12x CN¥41.20 Million
2013 19.14% 15.46% 0.54x 2.28x CN¥35.13 Million
2014 17.89% 15.80% 0.60x 1.90x CN¥35.48 Million
2015 8.83% 17.50% 0.41x 1.23x CN¥-9.60 Million
2016 6.84% 14.10% 0.38x 1.27x CN¥-27.64 Million
2017 7.39% 14.09% 0.39x 1.36x CN¥-23.54 Million
2018 5.27% 6.67% 0.35x 2.26x CN¥-45.15 Million
2019 6.62% 4.72% 0.58x 2.43x CN¥-34.58 Million
2020 -46.74% -26.72% 0.54x 3.22x CN¥-396.92 Million
2021 3.48% 2.20% 0.53x 2.99x CN¥-47.83 Million
2022 3.58% 1.94% 0.59x 3.15x CN¥-48.47 Million
2023 3.08% 1.52% 0.63x 3.19x CN¥-54.08 Million
2024 -12.68% -5.62% 0.72x 3.13x CN¥-170.61 Million

Industry Comparison

This section compares Guangzhou Hangxin Aviation Technology Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $2,519,823,462
  • Average return on equity (ROE) among peers: 5.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangzhou Hangxin Aviation Technology Co Ltd (300424) CN¥824.11 Million 23.20% 2.11x $497.64 Million
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $1.51 Billion 3.95% 0.11x $590.11 Million
Aecc Aero Engine Control Co Ltd (000738) $1.20 Billion 2.25% 0.68x $1.98 Billion
AVIC Aircraft Co Ltd (000768) $1.98 Billion 2.31% 0.31x $4.62 Billion
Zhejiang XiaSha Precision (001316) $1.05 Billion 7.55% 0.08x $223.64 Million
Sichuan Haite High-tech Co Ltd (002023) $4.13 Billion 0.99% 0.43x $873.11 Million
Aerospace CH UAV Co Ltd (002389) $8.20 Billion 1.87% 0.30x $1.90 Billion
Kuang Chi Technologies Co Ltd (002625) $602.65 Million 10.94% 0.23x $8.72 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.60 Billion 6.16% 0.09x $431.82 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $3.57 Billion 8.82% 0.17x $857.34 Million
Shaanxi Zhongtian Rocket Technology  (003009) $1.35 Billion 9.08% 0.39x $427.08 Million