Guangzhou Hangxin Aviation Technology Co Ltd (300424) - Net Assets
Based on the latest financial reports, Guangzhou Hangxin Aviation Technology Co Ltd (300424) has net assets worth CN¥824.11 Million CNY (≈ $120.59 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¥2.56 Billion ≈ $375.25 Million USD) and total liabilities (CN¥1.74 Billion ≈ $254.66 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 Guangzhou Hangxin Aviation Technology Co (300424) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Guangzhou Hangxin Aviation Technology Co for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Guangzhou Hangxin Aviation Technology Co stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥783.49 Million ≈ $114.65 Million |
-1.90% |
| 2023-12-31 | CN¥798.66 Million ≈ $116.87 Million |
+4.30% |
| 2022-12-31 | CN¥765.75 Million ≈ $112.05 Million |
+2.78% |
| 2021-12-31 | CN¥745.04 Million ≈ $109.02 Million |
+3.94% |
| 2020-12-31 | CN¥716.79 Million ≈ $104.89 Million |
-30.02% |
| 2019-12-31 | CN¥1.02 Billion ≈ $149.89 Million |
+7.26% |
| 2018-12-31 | CN¥954.95 Million ≈ $139.74 Million |
+5.70% |
| 2017-12-31 | CN¥903.42 Million ≈ $132.20 Million |
+3.24% |
| 2016-12-31 | CN¥875.04 Million ≈ $128.05 Million |
+6.97% |
| 2015-12-31 | CN¥818.05 Million ≈ $119.71 Million |
+81.95% |
| 2014-12-31 | CN¥449.61 Million ≈ $65.79 Million |
+17.04% |
| 2013-12-31 | CN¥384.14 Million ≈ $56.21 Million |
+20.84% |
| 2012-12-31 | CN¥317.88 Million ≈ $46.52 Million |
+22.29% |
| 2011-12-31 | CN¥259.94 Million ≈ $38.04 Million |
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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.
| Company | Market Cap |
|---|---|
|
Suzhou Cheersson Precision Metal Fo
SHE:002976
|
$659.81 Million |
|
Jiangsu Yueda Investment Co Ltd
SHG:600805
|
$659.92 Million |
|
Korea Investment Holdings Co Ltd
KO:071055
|
$659.92 Million |
|
Garware Technical Fibres Limited
NSE:GARFIBRES
|
$659.95 Million |
|
Anhui Gourgen Traffic Construction Co Ltd
SHG:603815
|
$659.34 Million |
|
Dook Media Group Limited
SHE:301025
|
$659.00 Million |
|
Merlin, Inc.
NASDAQ:MRLN
|
$658.94 Million |
|
PIMCO Access Income Fund
NYSE:PAXS
|
$658.93 Million |
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 95,383,845 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 90,729,845.
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: 5.88x
- 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 12.77x to 5.88x 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¥18.37 | x |
| 2012-12-31 | CN¥1.77 | CN¥18.37 | x |
| 2013-12-31 | CN¥2.14 | CN¥18.37 | x |
| 2014-12-31 | CN¥2.52 | CN¥18.37 | x |
| 2015-12-31 | CN¥3.71 | CN¥18.37 | x |
| 2016-12-31 | CN¥3.65 | CN¥18.37 | x |
| 2017-12-31 | CN¥3.77 | CN¥18.37 | x |
| 2018-12-31 | CN¥3.98 | CN¥18.37 | x |
| 2019-12-31 | CN¥4.26 | CN¥18.37 | x |
| 2020-12-31 | CN¥2.92 | CN¥18.37 | x |
| 2021-12-31 | CN¥3.06 | CN¥18.37 | x |
| 2022-12-31 | CN¥3.15 | CN¥18.37 | x |
| 2023-12-31 | CN¥3.26 | CN¥18.37 | x |
| 2024-12-31 | CN¥3.13 | CN¥18.37 | 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: -5.60%
- • 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% | 4.53% | 0.60x | 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% | -5.60% | 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: $3,620,814,038
- Average return on equity (ROE) among peers: 5.63%
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 | $659.76 Million |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $760.88 Million | 1.58% | 0.73x | $1.30 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $673.02 Million | 0.79% | 0.67x | $3.99 Billion |
| AVIC Aircraft Co Ltd (000768) | $9.77 Billion | 3.23% | 0.74x | $9.56 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $4.21 Billion | 0.31% | 0.67x | $1.37 Billion |
| Aerospace CH UAV Co Ltd (002389) | $8.22 Billion | 1.07% | 0.33x | $3.17 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $8.14 Billion | 3.33% | 0.10x | $12.35 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $680.95 Million | 16.28% | 0.10x | $527.52 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $1.09 Billion | 1.47% | 0.15x | $476.52 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $1.13 Billion | 18.87% | 0.17x | $1.73 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $1.53 Billion | 9.41% | 0.94x | $1.37 Billion |
About Guangzhou Hangxin Aviation Technology Co Ltd
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