Beijing Hanbang Technology Corp (300449) - Net Assets
Based on the latest financial reports, Beijing Hanbang Technology Corp (300449) has net assets worth CN¥310.27 Million CNY (≈ $45.40 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¥468.13 Million ≈ $68.50 Million USD) and total liabilities (CN¥157.86 Million ≈ $23.10 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 300449 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¥310.27 Million |
| % of Total Assets | 66.28% |
| Annual Growth Rate | 5.7% |
| 5-Year Change | -60.23% |
| 10-Year Change | -42.68% |
| Growth Volatility | 255.9 |
Beijing Hanbang Technology Corp - Net Assets Trend (2011–2024)
This chart illustrates how Beijing Hanbang Technology Corp's net assets have evolved over time, based on quarterly financial data. See 300449 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Hanbang Technology Corp (2011–2024)
The table below shows the annual net assets of Beijing Hanbang Technology Corp from 2011 to 2024. For live valuation and market cap data, see Beijing Hanbang Technology Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥364.24 Million ≈ $53.30 Million |
-13.74% |
| 2023-12-31 | CN¥422.26 Million ≈ $61.79 Million |
+947.41% |
| 2022-12-31 | CN¥40.32 Million ≈ $5.90 Million |
-75.06% |
| 2021-12-31 | CN¥161.65 Million ≈ $23.65 Million |
-82.35% |
| 2020-12-31 | CN¥915.89 Million ≈ $134.02 Million |
-1.21% |
| 2019-12-31 | CN¥927.14 Million ≈ $135.67 Million |
-36.69% |
| 2018-12-31 | CN¥1.46 Billion ≈ $214.30 Million |
+22.45% |
| 2017-12-31 | CN¥1.20 Billion ≈ $175.01 Million |
+80.49% |
| 2016-12-31 | CN¥662.64 Million ≈ $96.97 Million |
+4.28% |
| 2015-12-31 | CN¥635.44 Million ≈ $92.99 Million |
+98.40% |
| 2014-12-31 | CN¥320.29 Million ≈ $46.87 Million |
+21.52% |
| 2013-12-31 | CN¥263.57 Million ≈ $38.57 Million |
+24.94% |
| 2012-12-31 | CN¥210.96 Million ≈ $30.87 Million |
+19.09% |
| 2011-12-31 | CN¥177.15 Million ≈ $25.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Hanbang Technology Corp'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 2399.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥387.48 Million | 106.37% |
| Other Components | CN¥1.22 Billion | 333.67% |
| Total Equity | CN¥364.29 Million | 100.00% |
Beijing Hanbang Technology Corp Competitors by Market Cap
The table below lists competitors of Beijing Hanbang Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hefei Gocom Information Technology Co Ltd
SHG:688367
|
$454.29 Million |
|
Gigasolar Materials
TWO:3691
|
$454.49 Million |
|
Hangzhou Zhongya Machinery Co Ltd
SHE:300512
|
$454.52 Million |
|
Shenzhen Huijie Group Co Ltd
SHE:002763
|
$454.68 Million |
|
Shanghai Information2 Software Inc. A
SHG:688435
|
$454.05 Million |
|
Yingkou Fengguang Advanced Material Co.Ltd.
SHE:301100
|
$453.92 Million |
|
Infomedia Ltd
AU:IFM
|
$453.85 Million |
|
Lutian Machinery Co Ltd
SHG:605259
|
$453.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Hanbang Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 422,301,223 to 364,289,657, a change of -58,011,566 (-13.7%).
- Net loss of 62,151,158 reduced equity.
- Dividend payments of 5,333,595 reduced retained earnings.
- Other factors increased equity by 9,473,187.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-62.15 Million | -17.06% |
| Dividends Paid | CN¥5.33 Million | -1.46% |
| Other Changes | CN¥9.47 Million | +2.6% |
| Total Change | CN¥- | -13.74% |
Book Value vs Market Value Analysis
This analysis compares Beijing Hanbang Technology Corp'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: 8.57x
- 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 increased from 8.20x to 8.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.98 | CN¥8.04 | x |
| 2012-12-31 | CN¥1.11 | CN¥8.04 | x |
| 2013-12-31 | CN¥1.38 | CN¥8.04 | x |
| 2014-12-31 | CN¥1.68 | CN¥8.04 | x |
| 2015-12-31 | CN¥2.72 | CN¥8.04 | x |
| 2016-12-31 | CN¥2.54 | CN¥8.04 | x |
| 2017-12-31 | CN¥4.47 | CN¥8.04 | x |
| 2018-12-31 | CN¥5.33 | CN¥8.04 | x |
| 2019-12-31 | CN¥3.05 | CN¥8.04 | x |
| 2020-12-31 | CN¥3.09 | CN¥8.04 | x |
| 2021-12-31 | CN¥0.55 | CN¥8.04 | x |
| 2022-12-31 | CN¥0.14 | CN¥8.04 | x |
| 2023-12-31 | CN¥1.43 | CN¥8.04 | x |
| 2024-12-31 | CN¥0.94 | CN¥8.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Hanbang Technology Corp 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): -17.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.05%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.51x
- Recent ROE (-17.06%) is above the historical average (-54.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 23.79% | 11.06% | 1.12x | 1.92x | CN¥24.43 Million |
| 2012 | 22.62% | 10.62% | 1.05x | 2.04x | CN¥26.62 Million |
| 2013 | 19.96% | 9.45% | 0.97x | 2.17x | CN¥26.25 Million |
| 2014 | 17.71% | 10.08% | 0.82x | 2.15x | CN¥24.69 Million |
| 2015 | 7.15% | 9.49% | 0.56x | 1.36x | CN¥-18.09 Million |
| 2016 | 4.82% | 5.77% | 0.59x | 1.41x | CN¥-34.36 Million |
| 2017 | 3.97% | 6.88% | 0.39x | 1.49x | CN¥-72.06 Million |
| 2018 | 0.75% | 2.09% | 0.23x | 1.56x | CN¥-135.46 Million |
| 2019 | -56.00% | -100.73% | 0.30x | 1.88x | CN¥-611.90 Million |
| 2020 | 5.21% | 11.25% | 0.30x | 1.53x | CN¥-43.89 Million |
| 2021 | -466.08% | -257.87% | 0.46x | 3.89x | CN¥-770.28 Million |
| 2022 | -302.65% | -98.38% | 0.26x | 11.95x | CN¥-126.12 Million |
| 2023 | -30.16% | -95.73% | 0.15x | 2.03x | CN¥-169.58 Million |
| 2024 | -17.06% | -42.05% | 0.27x | 1.51x | CN¥-98.58 Million |
Industry Comparison
This section compares Beijing Hanbang Technology Corp's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,106,964,922
- Average return on equity (ROE) among peers: -9.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Hanbang Technology Corp (300449) | CN¥310.27 Million | 23.79% | 0.51x | $454.17 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $1.51 Billion | 24.95% | 0.50x | $7.89 Billion |
| Shenzhen Infinova Ltd (002528) | $391.37 Million | -197.97% | 6.50x | $834.92 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $923.76 Million | 11.86% | 0.39x | $409.19 Million |
| Jade Bird Fire Alarm (002960) | $1.48 Billion | 23.19% | 0.47x | $1.41 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $97.29 Million | 25.80% | 0.99x | $781.63 Million |
| Hangzhou Century Co Ltd (300078) | $1.16 Billion | 6.12% | 0.05x | $523.46 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.02 Billion | 6.23% | 0.08x | $354.78 Million |
| Xiamen Meiya Pico Information (300188) | $3.35 Billion | 11.19% | 0.39x | $1.31 Billion |
| Joyware Electronics Co Ltd (300270) | $477.72 Million | 3.20% | 0.06x | $537.92 Million |
| Chongqing Mas Sci&Tech (300275) | $653.92 Million | -9.12% | 0.52x | $415.10 Million |
About Beijing Hanbang Technology Corp
Beijing Hanbang Technology Corp. engages in the audio and video monitoring, intelligent security, and digital watermarking business in China. It offers DVR and NVR products, HD-SDI cameras, IP cameras, infrared imaging cameras, and compression cards, as well as internet application solutions. The company was founded in 2004 and is headquartered in Beijing, China.